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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 189,103 $ 78,603
Accounts receivable, less allowance for doubtful accounts of $350 and $399 109,294 95,008
Inventory    
Finished goods 91,394 96,261
Work in progress 4,440 5,544
Raw materials 14,763 18,295
Manufacturing and maintenance supplies 2,254 1,898
Total Inventory 112,851 121,998
Prepaid and other current assets 89,083 48,893
Total current assets 500,331 344,502
TIMBER AND TIMBERLANDS, NET OF DEPLETION AND AMORTIZATION 1,496,425 1,503,711
PROPERTY, PLANT AND EQUIPMENT    
Land 28,982 26,917
Buildings 143,182 140,269
Machinery and equipment 1,403,852 1,355,897
Construction in progress 145,688 96,097
Total property, plant and equipment, gross 1,721,704 1,619,180
Less—accumulated depreciation (1,158,928) (1,157,628)
Total property, plant and equipment, net 562,776 461,552
INVESTMENT IN JOINT VENTURE (Note 5) 64,454 69,219
OTHER ASSETS 192,591 190,364
TOTAL ASSETS 2,816,577 2,569,348
CURRENT LIABILITIES    
Accounts payable 72,732 72,873
Current maturities of long-term debt 0 28,110
Accrued taxes 40,961 5,223
Accrued payroll and benefits 23,305 26,846
Accrued interest 18,694 7,044
Accrued customer incentives 7,031 10,369
Other current liabilities 24,187 17,855
Current liabilities for dispositions and discontinued operations (Note 10) 9,843 9,931
Total current liabilities 196,753 178,251
LONG-TERM DEBT 1,018,093 819,229
NON-CURRENT LIABILITIES FOR DISPOSITIONS AND DISCONTINUED OPERATIONS (Note 10) 76,596 80,893
PENSION AND OTHER POSTRETIREMENT BENEFITS (Note 12) 140,073 140,623
OTHER NON-CURRENT LIABILITIES 24,952 27,279
COMMITMENTS AND CONTINGENCIES (Note 9 and 11)      
SHAREHOLDERS’ EQUITY    
Common Shares, 480,000,000 and 240,000,000 shares authorized, 122,538,279 and 122,035,177 shares issued and outstanding 640,177 630,286
Retained earnings 829,888 806,235
Accumulated other comprehensive loss (109,955) (113,448)
TOTAL SHAREHOLDERS' EQUITY 1,360,110 1,323,073
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,816,577 $ 2,569,348