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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 329,921 $ 371,780 $ 1,065,134 $ 1,117,423
Costs of products sold 285,434 334,396 966,300 1,010,977
Gross profit 44,487 37,384 98,834 106,446
Selling, general and administrative expenses 24,714 28,890 84,098 90,456
Goodwill and other asset impairment charges 0 42,541 0 159,890
Loss on sale of Ober-Schmitten 17,805 0 17,805 0
Gains (losses) on dispositions of plant, equipment and timberlands, net (685) 20 (1,350) (2,868)
Operating income (loss) 2,653 (34,067) (1,719) (141,032)
Non-operating income (expense)        
Interest expense (17,386) (8,139) (47,241) (23,673)
Interest income 329 92 1,159 147
Other, net (1,948) (2,220) (8,271) (4,015)
Total non-operating expense (19,005) (10,267) (54,353) (27,541)
Loss from continuing operations before income taxes (16,352) (44,334) (56,072) (168,573)
Income tax provision (benefit) 3,328 4,920 13,421 (8,569)
Loss from continuing operations (19,680) (49,254) (69,493) (160,004)
Discontinued operations:        
Income (loss) before income taxes (183) (242) (894) 129
Income tax provision 0 0 0 0
Income (loss) from discontinued operations (183) (242) (894) 129
Net loss $ (19,863) $ (49,496) $ (70,387) $ (159,875)
Basic earnings per share        
Loss from continuing operations (in dollars per share) $ (0.43) $ (1.10) $ (1.54) $ (3.57)
Loss from discontinued operations (in dollars per share) 0 (0.01) (0.02) 0
Basic loss per share (in dollars per share) (0.43) (1.11) (1.56) (3.57)
Diluted earnings per share        
Loss from continuing operations (in dollars per share) (0.43) (1.10) (1.54) (3.57)
Loss from discontinued operations (in dollars per share) 0 (0.01) (0.02) 0
Diluted loss per share (in dollars per share) $ (0.43) $ (1.11) $ (1.56) $ (3.57)
Weighted average shares outstanding        
Basic (in shares) 45,099 44,877 45,033 44,809
Diluted (in shares) 45,099 44,877 45,033 44,809