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Discontinued Operations (Tables) | 9 Months Ended
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Sep. 30, 2018
Discontinued Operations And Disposal Groups [Abstract] |
Summary of Discontinued Operations Included in Condensed Consolidated Statements of Income | The following table sets forth a summary of discontinued operations included in the condensed consolidated statements of income:
|  | Three months ended September 30 |  |  | Nine months ended September 30 |
In thousands |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Net sales |  | $ | 201,288 |  |  | $ | 203,206 |  |  | $ | 590,757 |  |  | $ | 600,346 |
Energy and related sales, net |  |  | 844 |  |  |  | 1,236 |  |  |  | 3,217 |  |  |  | 3,346 |
Total revenues |  |  | 202,132 |  |  |  | 204,442 |  |  |  | 593,974 |  |  |  | 603,692 |
Costs of products sold |  |  | 181,628 |  |  |  | 188,076 |  |  |  | 572,820 |  |  |  | 569,840 |
Gross profit |  |  | 20,504 |  |  |  | 16,366 |  |  |  | 21,154 |  |  |  | 33,852 |
Selling, general and administrative expenses |  |  | 6,058 |  |  |  | 5,997 |  |  |  | 18,566 |  |  |  | 17,971 |
(Gains) losses on dispositions of plant, equipment and timberlands, net |  |  | 3 |  |  |  | 70 |  |  |  | (440 | ) |  |  | 118 |
Operating income |  |  | 14,443 |  |  |  | 10,299 |  |  |  | 3,028 |  |  |  | 15,763 |
Non-operating income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | (2,281 | ) |  |  | (1,221 | ) |  |  | (6,017 | ) |  |  | (3,005 | )
Other, net |  |  | (1,174 | ) |  |  | 583 |  |  |  | (81 | ) |  |  | 1,664 |
Impairment charge |  |  | (125,644 | ) |  |  | — |  |  |  | (125,644 | ) |  |  | — |
Income (loss) before income taxes |  |  | (114,656 | ) |  |  | 9,661 |  |  |  | (128,714 | ) |  |  | 14,422 |
Income tax provision (benefit) |  |  | (19,530 | ) |  |  | 2,601 |  |  |  | (28,361 | ) |  |  | 5,515 |
Income (loss) from discontinued operations |  | $ | (95,126 | ) |  | $ | 7,060 |  |  | $ | (100,353 | ) |  | $ | 8,907 |
Summary of Carrying Amounts of Major Asset and Liabilities Classified as Held for Sale in Condensed Consolidated Balance Sheets | The following table sets forth the carrying amounts of Specialty Papers’ major asset and liabilities, which were classified as held for sale in the condensed consolidated balance sheets:
| September 30 |  |  | December 31 |
In thousands | 2018 |  |  | 2017 |
Assets |  |  |  |  |  |  |
Accounts receivable, net | $ | 73,608 |  |  | $ | 63,567 |
Inventories |  | 105,311 |  |  |  | 115,858 |
Prepaid expenses and other current assets |  | 9,403 |  |  |  | 10,527 |
Current assets held for sale | $ | 188,322 |  |  | $ | 189,952 |
Plant, equipment and timberlands, net |  | 210,891 |  |  |  | 350,560 |
Other assets |  | 60,840 |  |  |  | 57,351 |
Noncurrent assets held for sale | $ | 271,731 |  |  | $ | 407,911 |
Liabilities |  |  |  |  |  |  |
Accounts payable | $ | 76,257 |  |  | $ | 77,266 |
Other current liabilities |  | 33,906 |  |  |  | 35,554 |
Current liabilities held for sale | $ | 110,163 |  |  | $ | 112,820 |
Long-term liabilities held for sale | $ | 40,480 |  |  | $ | 41,373 |
Summary of Cash Flows from Discontinued Operations Included in Condensed Consolidated Statements of Cash Flows | The following table sets forth a summary of cash flows from discontinued operations which is included in the condensed consolidated statements of cash flows:
|  | Nine months ended September 30 |
In thousands |  | 2018 |  |  | 2017 |
Net cash provided by operating activities |  | $ | 33,721 |  |  | $ | 32,295 |
Net cash used in investing activities |  |  | (14,018 | ) |  |  | (44,186 | )
Net cash provided by financing activities |  |  | 125 |  |  | $ | — |
Change in cash and cash equivalents from discontinued operations |  | $ | 19,828 |  |  | $ | (11,891 | )

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