v3.25.4
Accounts Payable and Other (Tables)
 12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
Schedule of Accounts Payable and Other

Accounts payable and other as of December 31, 2025 and December 31, 2024, was comprised of the following:

 

 

December 31,

 

 

 

2025

 

 

2024

 

Trade payables

 

$

72,046

 

 

$

53,610

 

Accrued expenses

 

 

85,720

 

 

 

73,755

 

Interest payable

 

 

32,946

 

 

 

33,312

 

Income tax payable

 

 

11,099

 

 

 

30,459

 

Payroll-related accruals

 

 

25,156

 

 

 

24,100

 

Deposits for mass timber sales contracts (a)

 

 

16,434

 

 

 

4,345

 

Wastewater fee (b)

 

 

10,570

 

 

 

6,324

 

Finance lease liability

 

 

13,664

 

 

 

9,415

 

Operating lease liability

 

 

3,097

 

 

 

2,874

 

Other

 

 

12,149

 

 

 

10,467

 

 

 

$

282,881

 

 

$

248,661

 
(a)
Revenues recognized for the year ended December 31, 2025 and 2024 from amounts recorded as deposits,
advances or progress billings within “Accounts payable and other” at the beginning of each year were $4,345
and $15,262, respectively.
(b)
The Company is required to pay certain fees based on wastewater emissions at its German mills. Accrued fees can be reduced upon the mills’ demonstration of improved wastewater emissions. Reduction to the wastewater fee for the year ended December 31, 2025 was approximately $nil (2024 – $2,189; 2023 – $4,348).