XML 23 R6.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 110,660 $ 138,436
Accounts receivable (less allowance for doubtful accounts: 2022 - $5,025; 2021 - 2,731) 195,665 170,212
Inventories 309,436 279,520
Prepaid expenses and other current assets 63,723 48,398
Total current assets 679,484 636,566
Plant, equipment and timberlands, net 675,811 758,812
Goodwill 105,195 236,165
Intangible assets, net 108,670 156,304
Other assets 78,193 92,760
Total assets 1,647,353 1,880,607
Liabilities and Shareholders' Equity    
Current portion of long-term debt 40,435 26,437
Short-term debt 11,422 22,843
Accounts payable 217,625 214,015
Dividends payable 0 6,237
Environmental liabilities 2,200 2,200
Other current liabilities 88,724 99,438
Total current liabilities 360,406 371,170
Long-term debt 793,252 738,075
Deferred income taxes 54,388 87,285
Other long-term liabilities 121,303 141,315
Total liabilities 1,329,349 1,337,845
Commitments and contingencies 0 0
Shareholders’ equity    
Common stock, $0.01 par value; authorized - 120,000,000; issued - 54,361,980 (including treasury shares: 2022 - 9,568,457; 2021 - 9,812,841) 544 544
Capital in excess of par value 60,663 64,779
Retained earnings 498,863 705,600
Accumulated other comprehensive loss (97,895) (80,304)
Shareholders' equity before treasury stock 462,175 690,619
Less cost of common stock in treasury (144,171) (147,857)
Total shareholders’ equity 318,004 542,762
Total liabilities and shareholders’ equity $ 1,647,353 $ 1,880,607