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Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2019
Discontinued Operations And Disposal Groups [Abstract]  
Summary of Discontinued Operations Included in Condensed Consolidated Statements of Income (Loss)

The following table sets forth a summary of discontinued operations included in the condensed consolidated statements of income:

 

 

 

Three months ended

June 30

 

 

Six months ended

June 30

 

In thousands

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Net sales

 

$

 

 

$

190,031

 

 

$

 

 

$

389,469

 

Energy and related sales, net

 

 

 

 

 

944

 

 

 

 

 

 

2,373

 

Total revenues

 

 

 

 

 

190,975

 

 

 

 

 

 

391,842

 

Costs of products sold

 

 

 

 

 

202,671

 

 

 

 

 

 

391,192

 

Gross profit (loss)

 

 

 

 

 

(11,696

)

 

 

 

 

 

650

 

Selling, general and administrative expenses

 

 

485

 

 

 

5,376

 

 

 

(229

)

 

 

12,508

 

Gains on dispositions of plant, equipment and timberlands, net

 

 

 

 

 

(5

)

 

 

 

 

 

(443

)

Operating income (loss)

 

 

(485

)

 

 

(17,067

)

 

 

229

 

 

 

(11,415

)

Non-operating income (expense)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

 

 

 

 

(1,991

)

 

 

 

 

 

(3,736

)

Other, net

 

 

 

 

 

541

 

 

 

 

 

 

1,093

 

Income (loss) before income taxes

 

 

(485

)

 

 

(18,517

)

 

 

229

 

 

 

(14,058

)

Income tax (provision) benefit

 

 

23

 

 

 

(9,838

)

 

 

(8

)

 

 

(8,831

)

Income (loss) from discontinued operations

 

$

(462

)

 

$

(8,679

)

 

$

221

 

 

$

(5,227

)

Summary of Cash Flows from Discontinued Operations Included in Condensed Consolidated Statements of Cash Flows

The following table sets forth a summary of cash flows from discontinued operations which is included in the condensed consolidated statements of cash flows:

 

 

 

Six months ended

June 30

 

In thousands

 

2019

 

 

2018

 

Net cash provided (used) by operating activities

 

$

(10,658

)

 

$

23,911

 

Net cash used by investing activities

 

 

(1,572

)

 

 

(10,427

)

Net cash provided by financing activities

 

 

 

 

 

125

 

Change in cash and cash equivalents from discontinued operations

 

$

(12,230

)

 

$

13,609