XML 52 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Net sales $ 419,960 $ 465,092 $ 1,248,232 $ 1,366,154
Energy and related sales, net 1,153 860 3,936 6,912
Total revenues 421,113 465,952 1,252,168 1,373,066
Costs of products sold 361,205 385,439 1,107,319 1,196,076
Gross profit 59,908 80,513 144,849 176,990
Selling, general and administrative expenses 39,792 37,886 100,201 103,751
Gains on dispositions of plant, equipment and timberlands, net (123) (1,590) (2,888) (3,881)
Operating income 20,239 44,217 47,536 77,120
Non-operating income (expense)        
Interest expense (4,317) (4,671) (13,177) (14,245)
Interest income 90 30 232 143
Other, net (220) (167) (192) 105
Total non-operating expense (4,447) (4,808) (13,137) (13,997)
Income before income taxes 15,792 39,409 34,399 63,123
Income tax provision 2,288 9,037 4,122 13,434
Net income $ 13,504 $ 30,372 $ 30,277 $ 49,689
Earnings per share        
Basic $ 0.31 $ 0.71 $ 0.70 $ 1.15
Diluted 0.31 0.69 0.69 1.13
Cash dividends declared per common share $ 0.12 $ 0.11 $ 0.36 $ 0.33
Weighted average shares outstanding        
Basic 43,457 43,049 43,363 43,233
Diluted 43,865 43,841 43,949 44,111