XML 94 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
CURRENT ASSETS    
Cash and cash equivalents $ 78,603 $ 349,463
Accounts receivable, less allowance for doubtful accounts of $399 and $387 95,008 82,640
Inventory (Note 10) 121,998 110,035
Income tax receivable 1,945 21,734
Prepaid and other current assets 46,948 45,314
Total current assets 344,502 609,186
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION 1,503,711 1,137,931
PROPERTY, PLANT AND EQUIPMENT    
Land 26,917 24,776
Buildings 140,269 129,913
Machinery and equipment 1,355,897 1,318,055
Construction in progress 96,097 33,920
Total property, plant and equipment, gross 1,619,180 1,506,664
Less—accumulated depreciation (1,157,628) (1,121,360)
Total property, plant and equipment, net 461,552 385,304
INVESTMENT IN JOINT VENTURE (Note 5) 69,219 68,483
OTHER ASSETS 190,364 162,749
TOTAL ASSETS 2,569,348 2,363,653
CURRENT LIABILITIES    
Accounts payable 72,873 57,985
Current maturities of long-term debt 28,110 93,057
Accrued payroll and benefits 26,846 25,466
Accrued interest 7,044 6,206
Accrued customer incentives 10,369 9,759
Other current liabilities 23,078 40,975
Current liabilities for dispositions and discontinued operations (Note 15) 9,931 11,500
Total current liabilities 178,251 244,948
LONG-TERM DEBT 819,229 675,103
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS (Note 15) 80,893 81,660
PENSION AND OTHER POSTRETIREMENT BENEFITS (Note 20) 140,623 66,335
OTHER NON-CURRENT LIABILITIES 27,279 44,025
COMMITMENTS AND CONTINGENCIES (Notes 16, 17 and 18)      
SHAREHOLDERS’ EQUITY    
Common Shares, 240,000,000 shares authorized, 122,035,177 and 121,023,140 shares issued and outstanding 630,286 602,882
Retained earnings 806,235 717,058
Accumulated other comprehensive loss (113,448) (68,358)
Total Shareholders' Equity 1,323,073 1,251,582
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,569,348 $ 2,363,653