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Merger with Deltic (Tables)
6 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Summary of Revenue and Income Before Income Taxes From Acquired Deltic Operations

The amount of revenue and income before income taxes from the acquired Deltic operations included in our Condensed Consolidated Statements of Income from February 21, 2018 to June 30, 2018 were as follows:

 

(in thousands, except per share amounts)

 

Three Months Ended June 30, 2018

 

 

Six Months Ended June 30, 2018

 

Net sales

 

$

80,053

 

 

$

108,859

 

Income before income taxes

 

$

16,724

 

 

$

7,613

 

 

 

 

 

 

 

 

 

 

 

Summary of Unaudited Pro Forma Information

The following presents the unaudited pro forma consolidated financial information of the company as if the merger with Deltic was completed on January 1, 2017:

 

 

 

 

 

 

 

 

 

 

(in thousands, except per share amounts)

 

Three Months Ended June 30, 2018

 

 

Six Months Ended June 30, 2018

 

Net sales

 

$

268,233

 

 

$

506,793

 

Net earnings attributable to PotlatchDeltic common shareholders

 

$

47,225

 

 

$

80,928

 

Basic earnings per share attributable to PotlatchDeltic common shareholders

 

$

0.71

 

 

$

1.22

 

Diluted earnings per share attributable to PotlatchDeltic common shareholders

 

$

0.71

 

 

$

1.21