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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
CURRENT ASSETS    
Cash and cash equivalents $ 314,180 $ 349,463
Accounts receivable, less allowance for doubtful accounts of $388 and $387 108,302 82,640
Inventory    
Finished goods 81,953 84,013
Work in progress 7,517 6,041
Raw materials 17,234 17,517
Manufacturing and maintenance supplies 2,325 2,464
Total Inventory 109,029 110,035
Income tax receivable 1,755 21,734
Prepaid and other current assets 72,020 45,314
Total current assets 605,286 609,186
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION 1,129,306 1,137,931
PROPERTY, PLANT AND EQUIPMENT    
Land 26,343 24,752
Buildings 131,993 131,100
Machinery and equipment 1,381,800 1,350,812
Total property, plant and equipment, gross 1,540,136 1,506,664
Less—accumulated depreciation (1,131,767) (1,121,360)
Total property, plant and equipment, net 408,369 385,304
INVESTMENT IN JOINT VENTURE (NOTE 5) 77,469 68,483
OTHER ASSETS 141,357 162,749
Total Assets 2,361,787 2,363,653
CURRENT LIABILITIES    
Accounts payable 67,143 57,985
Current maturities of long-term debt 116,167 93,057
Accrued taxes 18,359 10,337
Uncertain tax positions 16,430 430
Accrued payroll and benefits 21,709 25,466
Accrued interest 6,640 6,206
Accrued customer incentives 8,707 9,759
Other current liabilities 36,050 30,208
Current liabilities for dispositions and discontinued operations (Note 10) 11,625 11,500
Total current liabilities 302,830 244,948
LONG-TERM DEBT 581,297 675,103
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS 76,928 81,660
PENSION AND OTHER POSTRETIREMENT BENEFITS (Note 12) 65,137 66,335
OTHER NON-CURRENT LIABILITIES 32,616 44,025
COMMITMENTS AND CONTINGENCIES (Note 9 and 11)    
SHAREHOLDERS’ EQUITY    
Common Shares, 240,000,000 shares authorized, 81,205,635 and 80,682,093 shares issued and outstanding 615,869 602,882
Retained earnings 743,419 717,058
Accumulated other comprehensive loss (56,309) (68,358)
Total Shareholders' Equity 1,302,979 1,251,582
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,361,787 $ 2,363,653