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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 161,131 $ 230,118
Customer receivables, net 29,550 21,892
Inventories, net 79,894 78,665
Other current assets 50,623 46,258
Total current assets 321,198 376,933
Property, plant and equipment, net 395,908 372,832
Investment in real estate held for development and sale 51,769 56,321
Timber and timberlands, net 2,375,157 2,440,398
Intangible assets, net 14,306 15,640
Other long-term assets 148,766 169,132
Total assets 3,307,104 3,431,256
Current liabilities:    
Accounts payable and accrued liabilities 90,290 82,383
Current portion of long-term debt 165,113 175,615
Current portion of pension and other postretirement employee benefits 4,535 4,535
Total current liabilities 259,938 262,533
Long-term debt 869,486 858,113
Pension and other postretirement employee benefits 64,902 67,856
Deferred tax liabilities, net 23,936 36,641
Other long-term obligations 36,817 35,015
Total liabilities 1,255,079 1,260,158
Commitments and contingencies
Stockholders' equity:    
Preferred stock, authorized 4,000 shares, no shares issued 0 0
Common stock, $1 par value, 200,000 shares authorized, 78,862 and 79,365 shares issued and outstanding 78,862 79,365
Additional paid-in capital 2,312,586 2,303,992
Accumulated deficit (432,589) (315,291)
Accumulated other comprehensive income 93,166 103,032
Total stockholders’ equity 2,052,025 2,171,098
Total liabilities and stockholders' equity $ 3,307,104 $ 3,431,256