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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities      
Net income (loss) $ 21,298 $ (21,541) $ (177,604)
(Income) loss from discontinued operations, net of tax benefits (515) (3,670) 177,156
Adjustments to reconcile to net cash provided (used) by operating activities:      
Depreciation, depletion and amortization 56,600 50,820 47,525
Amortization of debt issue costs and original issue discount 590 1,672 1,159
Pension settlement charge 6,154 75,326  
Asset impairment charge 900    
Deferred income tax benefit (2,071) (22,971) (7,704)
Gains on dispositions of plant, equipment and timberlands, net (1,332) (2,060) (3,256)
Share-based compensation 5,655 3,583 6,288
Change in operating assets and liabilities      
Accounts receivable 9,563 (5,473) (621)
Inventories 6,860 (17,387) (32,138)
Prepaid and other current assets 1,679 (2,833) (3,372)
Accounts payable (7,234) 10,337 13,774
Accruals and other current liabilities 12,143 (19,536) (23,984)
Pension assets received   53,401  
Other 4,857 3,167 (3,175)
Net cash provided (used) by operating activities 108,993 102,835 (5,952)
Investing activities      
Expenditures for purchases of plant, equipment and timberlands (28,136) (27,765) (42,129)
Proceeds from disposals of plant, equipment and timberlands, net 1,413 2,198 3,462
Acquisition, net of cash acquired   (1,383) (178,905)
Other investing (50) (163) (68)
Net cash used by investing activities (26,773) (27,113) (217,640)
Financing activities      
Repayments of note offerings   (250,000)  
Net repayments under revolving credit facility (53,392) (28,062) (55,446)
Payments of borrowing costs (39) (2,204)  
Proceeds from term loans   248,644  
Repayment of term loans (23,246) (16,660) (11,069)
Payments of dividends (23,492) (22,936) (22,760)
Proceeds from government grants 358    
Payments related to share-based compensation awards and other (495) (1,556) (2,151)
Net cash used by financing activities (100,306) (72,774) (91,426)
Effect of exchange rate changes on cash 5,163 (269) (5,564)
Net increase (decrease) in cash, cash equivalents and restricted cash (12,923) 2,679 (320,582)
Change in cash and cash equivalents from discontinued operations (1,613) (19,163) 347,048
Cash, cash equivalents and restricted cash at the beginning of period 126,201 142,685 116,219
Cash, cash equivalents and restricted cash at the end of period 111,665 126,201 142,685
Less: restricted cash in Prepaid and other current assets (2,000)    
Less: restricted cash in Other assets (10,084)    
Cash and cash equivalents at the end of period 99,581 126,201 142,685
Cash paid (refunded) for:      
Interest, net of amounts capitalized 6,180 10,208 15,760
Income taxes, net $ (9,993) $ 14,242 $ 15,171