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Segment and Geographical Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Reconciliation of Net Sales by Product Line
Net sales, disaggregated by product line, was comprised of the following:
Year Ended December 31,
 202420232022
High Purity Cellulose
Cellulose Specialties$871,752 $783,424 $866,225 
Commodity Products341,128 431,902 354,612 
Other sales(a)
88,742 97,438 115,009 
Total High Purity Cellulose1,301,622 1,312,764 1,335,846 
Paperboard227,628 219,408 250,167 
High-Yield Pulp126,897 135,954 159,704 
Eliminations(25,839)(24,796)(28,450)
Net sales$1,630,308 $1,643,330 $1,717,267 
(a)Include sales of bioelectricity, lignosulfonates and other by-products to third parties.
Schedule of Reconciliation of Operating Income (Loss)
Operating income (loss) by segment was comprised of the following:
Year Ended December 31,
 202420232022
High Purity Cellulose(a)
$75,593 $(41,567)$31,498 
Paperboard31,431 37,160 37,158 
High-Yield Pulp(7,594)(3,155)16,199 
Corporate(59,949)(57,702)(58,720)
Operating income (loss)$39,481 $(65,264)$26,135 
(a)In 2024, included a $25 million non-cash impairment recorded during the third quarter related to the indefinite suspension of operations at the Temiscaming High Purity Cellulose plant. In 2023, included a $62 million non-cash impairment recorded during the fourth quarter related to an asset realignment. See Note 8—Property, Plant and Equipment, Net for further information regarding these impairments.
Schedule of Significant Segment Operating Expenses and Other Segment Financial Information
Significant segment operating expenses and other segment financial information included:
Year Ended December 31, 2024
High Purity CellulosePaperboardHigh-Yield Pulp
Corporate(a) and Eliminations
Total
Cost of sales
Key input costs (wood, chemicals, energy)$535,055 $117,393 $71,890 $(26,220)$698,118 
Freight75,382 20,512 20,380 — 116,274 
Depreciation and amortization115,963 7,832 2,329 — 126,124 
Fixed and other general costs(b)
443,086 41,802 38,589 733 524,210 
Total cost of sales1,169,486 187,539 133,188 (25,487)1,464,726 
Selling, general and administrative expense20,515 11,021 2,912 57,810 92,258 
Asset impairment25,169 — — — 25,169 
Indefinite suspension charges16,630 — — — 16,630 
Other operating (income) expense(c)
(5,771)(2,363)(1,609)1,787 (7,956)
Identifiable assets(d)
$1,503,268 $93,600 $49,798 $482,991 $2,129,657 
Depreciation and amortization117,749 14,701 2,451 2,272 137,173 
Capital expenditures(e)
100,797 5,644 2,156 8,553 117,150 
Year Ended December 31, 2023
High Purity CellulosePaperboardHigh-Yield Pulp
Corporate(a) and Eliminations
Total
Cost of sales
Key input costs (wood, chemicals, energy)$607,773 $113,678 $75,144 $(25,486)$771,109 
Freight83,390 18,131 29,312 — 130,833 
Depreciation and amortization125,522 5,848 2,103 — 133,473 
Fixed and other general costs(b)
454,306 35,021 29,402 1,032 519,761 
Total cost of sales1,270,991 172,678 135,961 (24,454)1,555,176 
Selling, general and administrative expense18,243 9,570 2,893 45,006 75,712 
Asset impairment62,300 — — — 62,300 
Other operating expense(c)
2,797 — 255 12,354 15,406 
Identifiable assets(d)
$1,510,076 $105,804 $43,811 $523,009 $2,182,700 
Depreciation and amortization122,925 12,933 2,025 2,100 139,983 
Capital expenditures(e)
118,665 776 1,421 12,281 133,143 
Year Ended December 31, 2022
High Purity CellulosePaperboardHigh-Yield Pulp
Corporate(a) and Eliminations
Total
Cost of sales
Key input costs (wood, chemicals, energy)$659,855 $135,128 $75,609 $(28,916)$841,676 
Freight93,952 22,434 29,636 — 146,022 
Depreciation and amortization115,117 5,998 2,322 — 123,437 
Fixed and other general costs(b)
409,587 39,967 32,814 681 483,049 
Total cost of sales1,278,511 203,527 140,381 (28,235)1,594,184 
Selling, general and administrative expense19,683 9,471 3,084 59,237 91,475 
Other operating (income) expense(c)
6,154 11 40 (732)5,473 
Depreciation and amortization$117,017 $13,130 $2,364 $2,065 $134,576 
Capital expenditures(e)
136,866 3,413 2,210 3,790 146,279 
(a)Includes ERP and certain lease expense and assets shared across operating segments.
(b)Includes salaries, wages and benefits, maintenance costs and other costs of sales.
(c)Primarily includes foreign exchange gain (loss), environmental expense, gain (loss) on disposal of property, plant and equipment and income (loss) from equity method investments.
(d)In 2024, included a $25 million non-cash impairment recorded during the third quarter related to the indefinite suspension of operations at the Temiscaming High Purity Cellulose plant. In 2023, included a $62 million non-cash impairment recorded during the fourth quarter related to an asset realignment. See Note 8—Property, Plant and Equipment, Net for further details.
(e)Amounts exclude the impact of changes in capital assets purchased on account and government grants. In 2024 and 2023, Corporate reflects expenditures associated with the Company’s ERP transformation project.
Schedule of Long-lived Assets by Country
Long-life assets by country were as follows:
December 31,
 20242023
United States$719,386 $710,896 
Canada611,647 683,468 
France197,290 213,180 
Other373 98 
Total long-life assets$1,528,696 $1,607,642 
Schedule of Geographical Distribution of the Company's Sales
Net sales geographical distribution was as follows:
 Year Ended December 31,
 2024%2023%2022%
United States$560,119 34 $544,864 33 $569,265 33 
China352,290 22 473,778 29 346,026 20 
Europe280,261 17 222,778 13 343,058 20 
Other Asia174,208 11 126,072 181,952 11 
Japan121,879 158,106 10 149,373 
Canada90,572 62,657 72,510 
Latin America17,659 11,073 — 23,886 
All other33,320 44,002 31,197 
Net sales$1,630,308 100 $1,643,330 100 $1,717,267 100