Potlatchdeltic corporation (PCH)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
Current assets:
Cash and cash equivalents

79,500

83,310

94,747

97,970

104,787

76,639

137,535

125,719

102,340

120,457

116,803

110,324

101,664

82,584

32,734

25,301

7,789

7,925

1,306

8,783

9,144

4,644

8,299

9,252

9,364

5,586

5,994

6,406

4,279

16,985

9,033

8,548

11,877

7,819

6,217

7,368

6,589

5,593

5,382

5,658

1,532

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40,121

40,077

35

-

40

1,831

18,885

26,368

65,044

73,916

66,950

52,251

56,805

44,045

55,438

63,077

53,429

41,646

47,155

62,989

74,690

67,758

74,185

85,249

65,666

34,606

53,506

Customer receivables, net

23,356

14,167

27,214

24,479

18,009

21,405

39,029

43,322

28,212

11,240

23,461

23,536

16,328

14,842

37,175

22,531

14,710

13,420

29,645

18,055

13,065

9,928

23,563

20,629

12,593

16,572

18,671

19,471

16,006

10,668

24,532

18,207

13,058

13,533

26,880

19,874

20,507

21,278

27,820

28,044

18,161

Inventories, net

55,707

65,781

54,202

54,121

62,408

60,805

73,864

63,384

62,153

50,132

39,261

40,124

45,347

52,622

41,006

30,045

25,028

35,162

40,379

41,124

27,518

31,490

30,728

26,071

34,231

36,275

35,381

31,707

28,757

28,928

29,431

22,848

21,915

28,603

26,369

21,469

21,841

24,375

25,675

20,887

24,493

Deferred tax assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,168

6,168

6,168

6,168

7,724

7,724

7,724

7,724

10,507

10,507

10,507

10,507

11,909

11,909

11,909

11,909

-

-

-

13,346

-

-

8,872

Other current assets

15,626

20,183

23,492

19,890

18,625

22,675

18,988

18,025

21,824

11,478

8,820

12,396

8,675

13,597

9,940

17,162

14,106

14,246

16,754

14,335

14,555

13,894

8,769

7,584

8,239

11,961

7,514

8,121

7,939

7,932

10,435

11,021

9,983

9,998

24,335

22,213

21,737

11,953

45,402

66,605

15,134

Assets held for sale

-

-

-

-

-

80,674

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

174,173

183,441

199,655

196,460

203,829

262,198

269,416

250,450

214,529

193,307

188,345

186,380

172,014

163,645

160,976

135,116

61,668

70,753

94,292

90,296

89,335

92,492

144,127

145,176

139,101

130,369

134,872

120,257

122,926

138,097

138,769

114,179

115,897

134,851

158,491

138,682

144,859

161,794

169,945

155,800

121,698

Property, plant and equipment, net

286,881

286,383

278,587

276,592

273,118

272,193

340,146

339,704

343,176

77,229

76,138

74,671

74,466

72,820

73,259

74,558

74,060

75,285

74,716

73,766

68,545

65,749

63,788

62,402

60,071

59,976

59,855

59,803

58,333

58,050

58,093

59,055

60,042

61,453

61,260

65,385

65,640

67,174

67,919

69,139

75,839

Investment in real estate held for development and sale

72,582

74,233

76,924

79,238

80,675

79,537

76,523

75,578

78,454

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Timber and timberlands, net

1,630,496

1,638,663

1,649,196

1,655,853

1,666,168

1,672,815

1,684,049

1,691,785

1,704,341

654,476

657,546

639,178

637,319

641,856

647,875

643,814

810,856

816,599

822,353

824,587

825,584

828,420

449,423

452,763

451,109

455,871

460,389

462,643

462,745

464,467

455,415

457,410

458,360

459,687

463,850

466,598

473,068

472,349

479,696

482,519

533,173

Deferred tax assets, net

-

-

-

-

-

-

-

-

-

19,796

40,889

39,445

41,550

42,051

42,393

51,569

46,645

46,600

36,715

36,794

37,076

37,228

15,383

16,728

20,833

21,576

41,007

40,860

41,702

43,292

44,541

49,393

55,996

57,924

39,784

43,595

46,828

49,054

58,869

60,930

64,873

Intangible assets, net

16,854

17,049

17,244

17,439

17,634

17,828

19,241

19,344

19,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncurrent investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term assets

31,896

35,290

35,448

33,359

31,790

21,281

23,696

20,288

12,853

8,271

8,075

7,100

7,322

7,309

8,622

9,088

8,126

7,375

11,499

14,809

10,606

7,857

9,063

12,556

12,766

12,738

12,866

13,542

14,529

14,991

11,898

11,568

10,739

32,305

29,224

27,144

27,019

31,340

29,706

27,733

27,982

Total assets

2,212,882

2,235,059

2,257,054

2,258,941

2,273,214

2,325,852

2,413,071

2,397,149

2,372,353

953,079

970,993

946,774

932,671

927,681

933,125

914,145

1,001,355

1,016,612

1,039,575

1,040,252

1,031,146

1,031,746

711,178

689,625

683,880

680,530

708,989

697,105

700,235

718,897

708,716

691,605

701,034

746,220

752,609

741,404

757,414

781,711

806,135

796,121

823,565

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Distribution payable

-

-

-

-

-

-

222,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

61,395

60,577

78,274

78,492

72,565

60,993

80,258

71,852

75,241

55,201

60,741

53,130

44,209

43,710

52,838

48,290

44,580

39,740

66,233

61,531

54,032

43,064

59,977

54,937

49,462

43,617

59,256

58,572

59,007

48,286

67,046

60,022

57,167

47,776

64,194

59,075

62,484

51,504

68,742

57,009

44,501

Revolving line of credit borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

30,000

-

15,000

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

46,000

45,974

39,995

39,988

39,981

39,973

-

-

-

14,263

20,304

20,349

25,408

11,032

5,053

5,082

0

5,007

27,500

27,500

27,498

22,870

0

0

0

0

0

0

9,013

8,413

8,413

13

5,162

21,661

21,661

21,660

16,511

5,011

5,011

5,011

11

Current portion of pension and other postretirement employee benefits

6,701

6,701

5,997

5,997

5,997

5,997

6,088

6,088

6,057

5,334

5,839

5,839

5,839

5,839

5,973

5,973

5,973

5,973

-

-

-

6,260

-

-

-

6,701

-

-

-

6,888

-

-

-

8,172

-

-

-

9,517

-

-

13,961

Liabilities held for sale

-

-

-

-

-

29,321

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

114,077

113,252

124,266

124,477

118,543

136,284

308,346

77,940

81,298

74,798

86,884

79,318

75,456

60,581

63,864

59,345

50,553

80,720

93,733

104,031

81,530

72,194

59,977

54,937

49,462

50,318

59,256

58,572

68,020

63,587

75,459

60,035

62,329

77,609

85,855

80,735

78,995

66,032

73,753

62,020

58,473

Long-term debt

710,748

710,495

716,350

716,094

715,837

715,391

783,899

783,436

782,974

559,056

559,019

558,853

558,510

572,956

580,317

581,205

627,709

598,874

602,675

601,759

602,150

602,798

319,749

320,003

320,014

320,092

320,230

320,131

320,748

349,163

337,308

345,347

344,780

344,742

344,676

342,704

346,627

363,485

365,104

363,378

368,420

Pension and other postretirement employee benefits

141,921

115,463

110,548

110,525

110,476

110,659

89,035

132,677

131,959

103,524

118,505

123,745

123,939

123,284

118,679

119,590

118,999

119,369

114,542

115,127

115,626

115,936

70,130

74,792

82,448

83,619

140,090

141,739

143,638

145,047

135,854

137,385

139,554

163,116

113,608

115,786

118,281

129,124

140,496

143,122

149,398

Deferred tax liabilities, net

11,445

20,165

14,913

14,623

15,956

32,009

38,575

27,040

22,927

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term obligations

85,077

48,853

55,248

47,172

34,016

16,730

14,147

15,130

17,753

15,159

15,395

14,529

15,504

14,586

14,502

13,462

13,618

13,913

13,586

14,043

14,849

15,752

15,558

15,557

20,658

22,353

21,706

21,862

24,021

22,457

20,210

18,268

18,803

18,615

18,222

19,048

21,316

18,631

18,620

18,877

17,484

Total liabilities

1,063,268

1,008,228

1,021,325

1,012,891

994,828

1,011,073

1,234,002

1,036,223

1,036,911

752,537

779,803

776,445

773,409

771,407

777,362

773,602

810,879

812,876

824,536

834,960

814,155

806,680

-

-

-

476,382

-

-

-

580,254

-

-

-

-

-

-

-

-

-

-

-

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

-

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' equity:
Preferred stock, authorized 4,000 shares, no shares issued

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

0

Common stock, $1 par value, authorized 100,000 shares, issued and outstanding 66,951 and 67,221 shares

66,951

67,221

67,221

67,186

67,588

67,570

62,755

62,754

62,755

40,612

40,611

40,610

40,608

40,519

40,519

40,519

40,688

40,681

40,678

40,678

40,676

40,605

-

-

-

40,537

-

-

-

40,389

-

-

-

40,202

-

-

-

40,033

-

-

39,827

Additional paid-in capital

1,668,122

1,666,299

1,664,333

1,662,381

1,660,450

1,659,031

1,483,750

1,482,048

1,480,402

359,144

357,736

356,453

355,174

355,274

353,702

352,497

351,188

350,541

348,847

347,433

346,214

346,441

-

-

-

337,887

-

-

-

333,348

-

-

-

329,206

-

-

-

330,894

-

-

328,989

Accumulated deficit

-415,153

-359,330

-343,747

-337,330

-312,874

-282,391

-256,280

-69,426

-90,334

-104,363

-99,677

-118,120

-127,109

-128,775

-127,926

-140,351

-88,108

-72,983

-61,253

-67,774

-53,208

-43,588

-

-

-

-75,556

-

-

-

-94,196

-

-

-

-86,388

-

-

-

-52,733

-

-

-11,549

Accumulated other comprehensive loss

-170,306

-147,359

-152,078

-146,187

-136,778

-129,431

-111,156

-114,450

-117,381

-94,851

-107,480

-108,614

-109,411

-110,744

-110,532

-112,122

-113,292

-114,503

-113,233

-115,045

-116,691

-118,392

-

-

-

-98,720

-

-

-

-140,898

-

-

-

-140,882

-

-

-

-113,755

-

-

-127,477

Total stockholders’ equity

1,149,614

1,226,831

1,235,729

1,246,050

1,278,386

1,314,779

1,179,069

1,360,926

1,335,442

200,542

191,190

170,329

159,262

156,274

155,763

140,543

190,476

203,736

215,039

205,292

216,991

225,066

245,764

224,336

211,298

204,148

167,707

154,801

143,808

138,643

139,885

130,570

135,568

142,138

190,248

183,131

192,195

204,439

208,162

208,724

229,790

Total liabilities and stockholders' equity

2,212,882

2,235,059

2,257,054

2,258,941

2,273,214

2,325,852

2,413,071

2,397,149

2,372,353

953,079

970,993

946,774

932,671

927,681

933,125

914,145

1,001,355

1,016,612

1,039,575

1,040,252

1,031,146

1,031,746

711,178

689,625

683,880

680,530

708,989

697,105

700,235

718,897

708,716

691,605

701,034

746,220

752,609

741,404

757,414

781,711

806,135

796,121

823,565

Shares outstanding (in thousands)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40,596

40,591

40,589

-

40,531

40,528

40,490

-

40,369

40,332

-

-

-

-

-

-

-

-

-

Stockholders' equity per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4.14

3.82

3.55

-

3.47

3.24

3.36

-

4.73

4.56

4.79

-

5.20

5.22

-

Working capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84,150

90,239

89,639

-

75,616

61,685

54,906

-

63,310

54,144

53,568

-

72,636

57,947

65,864

-

96,192

93,780

-