XML 77 R93.htm IDEA: XBRL DOCUMENT v2.4.0.8
Supplemental Guarantor Financial Information Condensed Consolidating Statement of Cash Flows (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings (loss) $ 106,955 $ 64,131 $ 39,674
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 90,272 79,333 76,933
Other Noncash Income Tax Expense (75,308) 3,275 0
Deferred tax expense (benefit) 5,629 12,870 14,777
Equity-based compensation expense 10,960 9,703 8,134
Employee benefit plans 10,131 9,366 16,897
Changes in working capital, net (15,022) 61,281 (86,012)
Change in taxes receivable, net 10,325 (10,828) 354
Excess tax benefits from equity-based payment arrangements 0 (15,837) (885)
Change in non-current accrued taxes 569 960 2,453
Funding of qualified pension plans (15,050) (20,627) (12,498)
Change in restricted cash (32) 769 4,160
Other, net 471 284 3,195
Net cash provided by operating activities 136,357 198,693 68,395
CASH FLOWS FROM INVESTING ACTIVITIES      
Change in short-term investments, net (50,000) 35,001 71,094
Additions to plant and equipment (90,593) (203,776) (134,069)
Cash paid for acquisitions, net of cash acquired 0 (9,264) 0
Proceeds from sale of assets 0 1,035 12,826
Net cash used for investing activities (140,593) (177,004) (50,149)
Proceeds from long-term debt 275,000 0 0
CASH FLOWS FROM FINANCING ACTIVITIES      
Purchase of treasury stock (100,000) (18,650) (11,350)
Repayment of Cellu Tissue debt (150,000) 0 (15,595)
Investment (to) from Parent 0 0 0
Payments of Debt Issuance Costs (4,837) (2) (638)
Excess tax benefits from equity-based payment arrangements 0 15,837 885
Payment of tax withholdings on equity-based payment arrangements (4,831) (13,234) (2,400)
Other, net 0 (1,500) 2
Net cash (used for) provided by financing activities 15,332 (17,549) (29,096)
Effect of exchange rate changes 0 0 361
Increase (decrease) in cash 11,096 4,140 (10,489)
Cash at beginning of period 12,579 8,439 18,928
Cash at end of period 23,675 12,579 8,439
Amortization of Financing Costs and Discounts 4,964 2,010 215
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 1,493 2,003 998
Issuer
     
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings (loss) 95,454 54,754 36,307
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 54,291 48,191 45,439
Other Noncash Income Tax Expense (75,308) 3,275  
Deferred tax expense (benefit) 3,185 9,840 (2,394)
Equity-based compensation expense 10,960 9,703 8,134
Employee benefit plans 10,131 9,366 16,897
Changes in working capital, net (31,256) 25,252 (133,142)
Change in taxes receivable, net 17,003 (11,755) (4,685)
Excess tax benefits from equity-based payment arrangements   (15,837) (885)
Change in non-current accrued taxes 1,423 (242) 2,453
Funding of qualified pension plans (15,050) (20,627) (12,498)
Change in restricted cash 0 769 4,160
Other, net (452) 548 3,195
Net cash provided by operating activities 75,546 115,869 (36,480)
CASH FLOWS FROM INVESTING ACTIVITIES      
Change in short-term investments, net (50,000) 35,001 71,094
Additions to plant and equipment (65,708) (190,296) (117,525)
Cash paid for acquisitions, net of cash acquired   (9,264)  
Proceeds from sale of assets   0 12,826
Net cash used for investing activities (115,708) (164,559) (33,605)
Proceeds from long-term debt 275,000    
CASH FLOWS FROM FINANCING ACTIVITIES      
Purchase of treasury stock (100,000) (18,650) (11,350)
Repayment of Cellu Tissue debt (150,000)   0
Investment (to) from Parent 31,998 75,198 70,013
Payments of Debt Issuance Costs (4,837) (2) (638)
Excess tax benefits from equity-based payment arrangements   15,837 885
Payment of tax withholdings on equity-based payment arrangements (4,831) (13,234) (2,400)
Other, net   (1,500) 2
Net cash (used for) provided by financing activities 47,330 57,649 56,512
Effect of exchange rate changes     0
Increase (decrease) in cash 7,168 8,959 (13,573)
Cash at beginning of period 11,105 2,146 15,719
Cash at end of period 18,273 11,105 2,146
Amortization of Financing Costs and Discounts 4,964 2,010 215
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 201 622 324
Guarantor Subsidiaries
     
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings (loss) (15,370) 1,339 (31,542)
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 33,712 29,030 29,364
Other Noncash Income Tax Expense 0 0  
Deferred tax expense (benefit) (9,072) 4,009 24,466
Equity-based compensation expense    0 0
Employee benefit plans 0 0 0
Changes in working capital, net 11,747 36,596 45,400
Change in taxes receivable, net 15,998 593 1,939
Excess tax benefits from equity-based payment arrangements   0 0
Change in non-current accrued taxes (860) 22 0
Funding of qualified pension plans 0 0 0
Change in restricted cash (32) 0 0
Other, net 923 (264) 0
Net cash provided by operating activities 38,337 72,706 70,299
CASH FLOWS FROM INVESTING ACTIVITIES      
Change in short-term investments, net 0 0 0
Additions to plant and equipment (22,562) (11,632) (16,088)
Cash paid for acquisitions, net of cash acquired   0  
Proceeds from sale of assets   1,035 0
Net cash used for investing activities (22,562) (10,597) (16,088)
Proceeds from long-term debt 0    
CASH FLOWS FROM FINANCING ACTIVITIES      
Purchase of treasury stock 0 0 0
Repayment of Cellu Tissue debt 0   (15,595)
Investment (to) from Parent (15,780) (66,463) (36,432)
Payments of Debt Issuance Costs 0 0 0
Excess tax benefits from equity-based payment arrangements   0 0
Payment of tax withholdings on equity-based payment arrangements 0 0 0
Other, net   0 0
Net cash (used for) provided by financing activities (15,780) (66,463) (52,027)
Effect of exchange rate changes     0
Increase (decrease) in cash (5) (4,354) 2,184
Cash at beginning of period 5 4,359 2,175
Cash at end of period 0 5 4,359
Amortization of Financing Costs and Discounts 0 0 0
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 1,291 1,381 672
Non-Guarantor Subsidiaries
     
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings (loss) (804) 278 (3,687)
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 2,269 2,112 2,130
Other Noncash Income Tax Expense 0 0  
Deferred tax expense (benefit) (125) (188) (2,815)
Equity-based compensation expense    0 0
Employee benefit plans 0 0 0
Changes in working capital, net 4,487 (567) 1,730
Change in taxes receivable, net (324) 334 (217)
Excess tax benefits from equity-based payment arrangements   0 0
Change in non-current accrued taxes 6 1,180 0
Funding of qualified pension plans 0 0 0
Change in restricted cash 0 0 0
Other, net 0 0 0
Net cash provided by operating activities 5,510 3,149 (2,857)
CASH FLOWS FROM INVESTING ACTIVITIES      
Change in short-term investments, net 0 0 0
Additions to plant and equipment (2,323) (1,848) (456)
Cash paid for acquisitions, net of cash acquired   0  
Proceeds from sale of assets   0 0
Net cash used for investing activities (2,323) (1,848) (456)
Proceeds from long-term debt 0    
CASH FLOWS FROM FINANCING ACTIVITIES      
Purchase of treasury stock 0 0 0
Repayment of Cellu Tissue debt 0   0
Investment (to) from Parent 746 (1,766) 3,852
Payments of Debt Issuance Costs 0 0 0
Excess tax benefits from equity-based payment arrangements   0 0
Payment of tax withholdings on equity-based payment arrangements 0 0 0
Other, net   0 0
Net cash (used for) provided by financing activities 746 (1,766) 3,852
Effect of exchange rate changes     361
Increase (decrease) in cash 3,933 (465) 900
Cash at beginning of period 1,469 1,934 1,034
Cash at end of period 5,402 1,469 1,934
Amortization of Financing Costs and Discounts 0 0 0
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 1 0 2
Eliminations
     
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings (loss) 27,675 7,760 38,596
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 0 0 0
Other Noncash Income Tax Expense 0 0  
Deferred tax expense (benefit) 11,641 (791) (4,480)
Equity-based compensation expense 0 0 0
Employee benefit plans 0 0 0
Changes in working capital, net 0 0 0
Change in taxes receivable, net (22,352) 0 3,317
Excess tax benefits from equity-based payment arrangements   0 0
Change in non-current accrued taxes 0 0 0
Funding of qualified pension plans 0 0 0
Change in restricted cash 0 0 0
Other, net 0 0 0
Net cash provided by operating activities 16,964 6,969 37,433
CASH FLOWS FROM INVESTING ACTIVITIES      
Change in short-term investments, net 0 0 0
Additions to plant and equipment 0 0 0
Cash paid for acquisitions, net of cash acquired   0  
Proceeds from sale of assets   0 0
Net cash used for investing activities 0 0 0
Proceeds from long-term debt 0    
CASH FLOWS FROM FINANCING ACTIVITIES      
Purchase of treasury stock 0 0 0
Repayment of Cellu Tissue debt 0   0
Investment (to) from Parent (16,964) (6,969) (37,433)
Payments of Debt Issuance Costs 0 0 0
Excess tax benefits from equity-based payment arrangements   0 0
Payment of tax withholdings on equity-based payment arrangements 0 0 0
Other, net   0 0
Net cash (used for) provided by financing activities (16,964) (6,969) (37,433)
Effect of exchange rate changes     0
Increase (decrease) in cash 0 0 0
Cash at beginning of period 0 0 0
Cash at end of period 0 0 0
Amortization of Financing Costs and Discounts 0 0 0
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $ 0 $ 0 $ 0