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INCENTIVE STOCK PLANS (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Incentive Compensation Costs
A summary of our stock-based incentive compensation cost is presented below:
 202520242023
Selling and general expenses$9,432 $12,778 $12,710 
Cost of sales1,133 1,122 986 
Timber and Timberlands, net (a)264 332 306 
Other operating expense, net175 — — 
Total stock-based incentive compensation$11,004 $14,232 $14,002 
Tax benefit recognized related to stock-based incentive compensation expense (b)$521 $695 $677 
(a)Represents amounts capitalized as part of the overhead allocation of timber-related costs.
(b)A valuation allowance is recorded against the tax benefit recognized as we do not expect to be able to realize the benefit in the future.
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of our restricted stock units is presented below:
 202520242023
Restricted stock units granted246,662 212,415 207,006 
Weighted average price of restricted stock units granted$27.56 $32.46 $32.93 
Intrinsic value of restricted stock units outstanding (a)$10,341 $12,673 $16,068 
Grant date fair value of restricted stock units vested6,982 5,949 4,454 
Cash used to purchase common shares from current and former employees to pay withholding tax requirements on restricted stock units vested2,166 2,186 1,665 
(a)Intrinsic value of restricted stock units outstanding is based on the market price of the Company’s stock at December 31, 2025, 2024 and 2023.
 2025
 Number of
Shares
Weighted
Average Grant
Date Fair Value
Non-vested Restricted Stock Units at January 1,485,552 $33.17 
Granted246,662 27.56 
Vested(222,530)31.37 
Cancelled(32,043)31.33 
Non-vested Restricted Stock Units at December 31,477,641 $31.23 
A summary of our restricted stock is presented below:
202520242023
Restricted stock granted44,924 32,928 36,403 
Weighted average price of restricted stock granted$24.21 $30.37 $30.22 
Intrinsic value of restricted stock outstanding (a)— — $66 
Grant date fair value of restricted stock vested1,088 1,047 1,647 
Cash used to purchase common shares from current and former employees to pay withholding tax requirements on restricted shares vested— 20 208 
(a)Intrinsic value of restricted stock outstanding is based on the market price of the Company’s stock at December 31, 2023.

 2025
Number of
Shares
Weighted
Average Grant
Date Fair Value
Non-vested Restricted Stock at January 1,— — 
Granted44,924 $24.21 
Vested(44,924)24.21 
Non-vested Restricted Stock at December 31,— — 
Schedule of Nonvested Performance-based Units Activity
A summary of our performance share units is presented below:
 202520242023
Common shares reserved for performance shares granted during year 294,574 320,640 285,863 
Weighted average fair value of performance share units granted$33.00 $34.51 $37.77 
Intrinsic value of outstanding performance share units (a)$10,551 $11,463 $12,730 
Fair value of performance shares vested3,696 6,388 5,863 
Cash used to purchase common shares from current and former employees to pay withholding tax requirements on performance shares vested732 1,975 2,342 
(a)Intrinsic value of outstanding performance share units is based on the market price of the Company's stock at December 31, 2025, 2024 and 2023.
 2025
 Number
of Units
Weighted
Average Grant
Date Fair Value
Outstanding Performance Share units at January 1,439,186 $38.50 
Granted186,462 33.00 
Units Distributed(109,370)45.67 
Other Cancellations/Adjustments(28,917)36.16 
Outstanding Performance Share units at December 31,487,361 $34.92 
The following table provides an overview of the assumptions used in calculating the fair value of the awards granted for the three years ended December 31:
 202520242023
Expected volatility25.3%26.4%29.9%
Risk-free rate3.8%4.5%3.7%
Liquidity discount applied to grants with a post-vesting holding restriction2.9%3.9%4.7%