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Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2020

Share-based Payment Arrangement [Abstract]

Employee Equity-Based Compensation Expense

			Year ended December 31,
(In millions)			2020						2019						2018
Total stock-based compensation expense (selling, general and administrative and other operating charges, net)			$	10.5					$	4.1					$	3.3
Income tax benefit related to stock-based compensation			2.7						1.0						1.5
Impact on cash flow due to taxes paid related to net share settlement of equity awards			0.7						0.4						0.4

Summary of Status of Outstanding RSU Awards

A summary of the status of outstanding restricted stock units as of December 31, 2020, and changes during the year, is presented below:

			Time Vested												Performance-based
			Shares						Weighted Average Grant Date Fair Value						Shares						Weighted Average Grant Date Fair Value
Restricted stock units, outstanding at December 31, 2019			190,190						$	31.76					177,032						$	29.09
Granted			377,822						23.46						120,382						27.67
Vested			(81,214)						35.12						—						—
Forfeited / Canceled1			(61,546)						26.41						(103,069)						29.92
Restricted stock units, outstanding at December 31, 2020			425,252						24.52						194,345						27.76
Deferred shares, outstanding at December 31, 2020			33,663						7.31						—
Total units outstanding at December 31, 2020			458,915						$	23.26					194,345						27.76

Assumption Used in Black-Scholes Option-Pricing Model to Estimate Fair Value of Stock Options

									2018
Volatility			The expected volatility is based upon Clearwater Paper's historical stock prices.						35		%
Risk-free interest rate			The risk-free interest rate is based on constant maturity treasury rates with maturities matching the options' expected life on the grant date.						2.74		%
Expected life-years			The expected life is the approximate mid-point between the expected vesting time and the remaining contractual life.						6 years

Summary of Status of Outstanding Stock Option Awards and Changes During the Year

A summary of the status of outstanding stock option awards as of December 31, 2020, and changes during the year, is presented below:

						Shares						Weighted Average Exercise Price						Weighted Average Remaining Contractual Life (Years)						Aggregate Intrinsic Value
Outstanding options at December 31, 2019						656,374						$	49.36					6.2						$	—
Exercised						(972)						29.12
Forfeited						(23,164)						37.49
Expired						(278,792)						50.71
Outstanding options at December 31, 2020						353,446						$	49.13					5.2						$	—
Outstanding and exercisable options at December 31, 2020						325,161						$	50.16					5.0						$	—

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure of the changes in outstanding nonvested restricted stock units.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for exercisable or convertible options that are fully vested and expected to vest. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur.

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