Stockholders' Equity (Tables)

3 Months Ended

Mar. 26, 2022

Schedule of Stockholders' Equity (Deficit)

An analysis of stockholders’ equity is shown below (share amounts not in thousands):



	Common Stock			Additional Paid in Capital	Retained Earnings		Accumulated Other Comprehensive Loss		Total Stockholders’ Equity
	Shares	Par Value









For the three months ended March 26, 2022
Balance, December 31, 2021	63,738,409	$	637		$	408,834	$	489,342	$	(84,470)	$	814,343
Net income (loss)	—	—			—		(24,851)		—		(24,851)
Other comprehensive income (loss), net of tax	—	—			—		—		(4,254)		(4,254)

Issuance of common stock under incentive stock plans	172,920	2			(2)		—		—		—
Stock-based compensation	—	—			2,259		—		—		2,259
Repurchase of common shares (a)	(62,179)	(1)			(303)		—		—		(304)


Balance, March 26, 2022	63,849,150	$	638		$	410,788	$	464,491	$	(88,724)	$	787,193













For the three months ended March 27, 2021
Balance, December 31, 2020	63,359,839	$	633		$	405,161	$	422,928	$	(133,635)	$	695,087
Net income (loss)	—	—			—		(27,027)		—		(27,027)
Other comprehensive income (loss), net of tax	—	—			—		—		(7,234)		(7,234)

Issuance of common stock under incentive stock plans	369,713	4			(4)		—		—		—
Stock-based compensation	—	—			(653)		—		—		(653)
Repurchase of common shares (a)	(132,196)	(1)			(1,418)		—		—		(1,419)


Balance, March 27, 2021	63,597,356	$	636		$	403,086	$	395,901	$	(140,869)	$	658,754

(a) Repurchased to satisfy the tax withholding requirements related to the issuance of stock under the Rayonier Advanced Materials Incentive Stock Plan.