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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenues $ 255,131 $ 265,509 $ 803,929 $ 769,572
Costs and expenses:        
Cost of goods sold 227,556 226,303 722,189 665,716
Selling, general and administrative expenses 20,403 19,303 61,882 55,118
CatchMark merger-related expenses 0 0 0 2,453
Gain on fire damage 0 (16,326) 0 (39,436)
Total costs and expenses 247,959 229,280 784,071 683,851
Operating income 7,172 36,229 19,858 85,721
Interest expense, net (9,635) [1] (7,971) [1] (18,049) [2] (15,783) [2]
Non-operating pension and other postretirement employee benefits 200 (228) 602 (685)
Other 1,516 370 1,348 638
Income (loss) before income taxes (747) 28,400 3,759 69,891
Income taxes 4,056 (4,725) 12,923 (7,650)
Net income $ 3,309 $ 23,675 $ 16,682 $ 62,241
Net income per share:        
Basic $ 0.04 $ 0.3 $ 0.21 $ 0.78
Diluted 0.04 0.29 0.21 0.78
Dividends per share $ 0.45 $ 0.45 $ 1.35 $ 1.35
Weighted-average shares outstanding        
Basic 79,173 80,132 79,494 80,102
Diluted 79,277 80,379 79,563 80,279
[1]

Bond discounts and deferred loan fees are reported within interest expense, net on the Condensed Consolidated Statements of Operations.

[2]

Intersegment revenues represent logs sold by our Timberlands segment to our Wood Products segment.