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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 86,453 $ 10,938 $ 31,714
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation, depletion and amortization 29,912 34,190 38,105
Basis of real estate sold 6,827 8,011 7,012
Change in deferred taxes 15,364 1,853 (5,696)
Pension and other postretirement employee benefits 13,151 15,661 15,122
Equity-based compensation expense 4,722 4,390 4,758
Loss on sale of central Idaho timber and timberlands   48,522  
Other, net (1,872) (1,198) (2,046)
Change in:      
Receivables 3,602 (3,712) (3,864)
Inventories 2,490 (17,460) (3,672)
Other assets (15) (473) 898
Accounts payable and accrued liabilities 11,591 7,232 267
Other liabilities (4,291) (4,537) (8,584)
Funding of qualified pension plans (5,275) (1,300)  
Net cash from operating activities 162,659 102,117 74,014
CASH FLOWS FROM INVESTING ACTIVITIES      
Change in short-term investments     6,995
Transfer from company owned life insurance (COLI) 1,278 6,384 1,492
Transfer to COLI (1,324) (3,967)  
Purchase of property, plant and equipment (12,855) (5,866) (18,987)
Timberlands reforestation and roads (15,207) (13,422) (13,745)
Acquisition of timber and timberlands (22,043) (1,244) (10,230)
Net proceeds from sale of central Idaho timber and timberlands   111,460  
Other, net 131 6 886
Net cash from investing activities (50,020) 93,351 (33,589)
CASH FLOWS FROM FINANCING ACTIVITIES      
Dividends to common stockholders (61,931) (60,842) (61,017)
Repurchase of common stock   (5,956)  
Revolving line of credit (repayment) borrowings   (30,000) 30,000
Repayment of long-term debt (11,000) (113,335) (22,500)
Proceeds from issuance of long-term debt   93,235  
Other, net (1,835) (3,911) (3,000)
Net cash from financing activities (74,766) (120,809) (56,517)
Change in cash and cash equivalents 37,873 74,659 (16,092)
Cash and cash equivalents at beginning of year 82,584 7,925 24,017
Cash and cash equivalents at end of year 120,457 82,584 7,925
Cash paid (received) during the year for:      
Interest, net of amounts capitalized 26,125 28,051 29,676
Income taxes, net $ 15,845 $ (8,081) $ 1,576