10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-14-180025 |
| Period End Date | 20140331 |
| Filing Date | 20140502 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | glt-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$122.88M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$74.78M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$97.68M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$76.44M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$179.60M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$167.83M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$236.31M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$247.77M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$59.56M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$60.41M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$562.56M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$586.58M | USD | Point-in-time |
| Plant, equipment and timberlands, net |
PropertyPlantAndEquipmentNet
|
$717.73M | USD | Point-in-time |
| Plant, equipment and timberlands, net |
PropertyPlantAndEquipmentNet
|
$723.34M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$95.95M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$95.63M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$94.73M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$96.08M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$178.35M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$176.46M | USD | Point-in-time |
| Total assets |
Assets
|
$1.65B | USD | Point-in-time |
| Total assets |
Assets
|
$1.68B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$161.24M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$150.88M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$4.81M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$4.36M | USD | Point-in-time |
| Environmental liabilities |
AccruedEnvironmentalLossContingenciesCurrent
|
$125.00K | USD | Point-in-time |
| Environmental liabilities |
AccruedEnvironmentalLossContingenciesCurrent
|
$125.00K | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$111.40M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$122.64M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$267.21M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$288.37M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$424.83M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$442.32M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$138.50M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$141.02M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$122.22M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$121.61M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$952.15M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$993.93M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$544.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$544.00K | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$53.94M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$53.83M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$879.20M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$869.33M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-163.97M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-72.39M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-75.36M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-171.66M | USD | Point-in-time |
| Shareholders' equity before treasury stock |
StockholdersEquityBeforeTreasuryStock
|
$848.46M | USD | Point-in-time |
| Shareholders' equity before treasury stock |
StockholdersEquityBeforeTreasuryStock
|
$861.18M | USD | Point-in-time |
| Less cost of common stock in treasury |
TreasuryStockValue
|
$164.34M | USD | Point-in-time |
| Less cost of common stock in treasury |
TreasuryStockValue
|
$163.98M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$684.48M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$696.85M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.65B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.68B | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueGoodsNet
|
$455.72M | USD | 1 Quarter |
| Net sales |
SalesRevenueGoodsNet
|
$405.19M | USD | 1 Quarter |
| Energy and related sales, net |
EnergyAndRelatedSalesNet
|
$5.26M | USD | 1 Quarter |
| Energy and related sales, net |
EnergyAndRelatedSalesNet
|
$1.10M | USD | 1 Quarter |
| Total revenues |
SalesRevenueNet
|
$460.98M | USD | 1 Quarter |
| Total revenues |
SalesRevenueNet
|
$406.29M | USD | 1 Quarter |
| Costs of products sold |
CostOfGoodsSold
|
$348.92M | USD | 1 Quarter |
| Costs of products sold |
CostOfGoodsSold
|
$405.94M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$57.38M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$55.04M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$33.55M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$33.49M | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$809.00K | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$73.00K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$22.30M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$23.96M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$3.84M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.81M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$102.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$61.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$211.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$247.00K | USD | 1 Quarter |
| Total non-operating expense |
NonoperatingIncomeExpense
|
$-3.49M | USD | 1 Quarter |
| Total non-operating expense |
NonoperatingIncomeExpense
|
$-4.54M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$17.76M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$20.47M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$4.84M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$3.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.63M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.65M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.34 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.36 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.36 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.33 | USD | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.11 | USD | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
42.97M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
43.37M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
43.92M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
44.36M | shares | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$15.63M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.65M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$15.36M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$18.61M | USD | 1 Quarter |
| Amortization of debt issue costs and original issue discount |
AmortizationOfFinancingCostsAndDiscounts
|
$328.00K | USD | 1 Quarter |
| Amortization of debt issue costs and original issue discount |
AmortizationOfFinancingCostsAndDiscounts
|
$327.00K | USD | 1 Quarter |
| Pension expense, net of unfunded benefits paid |
NoncashPensionExpenseNetOfUnfundedBenefits
|
$3.58M | USD | 1 Quarter |
| Pension expense, net of unfunded benefits paid |
NoncashPensionExpenseNetOfUnfundedBenefits
|
$1.18M | USD | 1 Quarter |
| Deferred income tax (provision) benefit |
DeferredIncomeTaxExpenseBenefit
|
$906.00K | USD | 1 Quarter |
| Deferred income tax (provision) benefit |
DeferredIncomeTaxExpenseBenefit
|
$-2.18M | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$809.00K | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$73.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$1.88M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$1.84M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$19.48M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$11.23M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$11.68M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$2.10M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$2.33M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-8.88M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-5.99M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$2.33M | USD | 1 Quarter |
| Accruals and other current liabilities |
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
|
$-11.81M | USD | 1 Quarter |
| Accruals and other current liabilities |
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
|
$-10.75M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$697.00K | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$791.00K | USD | 1 Quarter |
| Net cash (used) provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-10.21M | USD | 1 Quarter |
| Net cash (used) provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$15.79M | USD | 1 Quarter |
| Expenditures for purchases of plant, equipment and timberlands |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.44M | USD | 1 Quarter |
| Expenditures for purchases of plant, equipment and timberlands |
PaymentsToAcquirePropertyPlantAndEquipment
|
$31.39M | USD | 1 Quarter |
| Proceeds from disposals of plant, equipment and timberlands, net |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$73.00K | USD | 1 Quarter |
| Proceeds from disposals of plant, equipment and timberlands, net |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$839.00K | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$175.00K | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-31.49M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-13.60M | USD | 1 Quarter |
| Net repayments of revolving credit facility |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-17.93M | USD | 1 Quarter |
| Payments of borrowing costs |
PaymentsOfDebtIssuanceCosts
|
$108.00K | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$1.25M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividendsCommonStock
|
$3.90M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividendsCommonStock
|
$4.36M | USD | 1 Quarter |
| Payments related to share-based compensation awards and other |
ProceedsFromPaymentsForShareBasedCompensationAndOther
|
$-781.00K | USD | 1 Quarter |
| Payments related to share-based compensation awards and other |
ProceedsFromPaymentsForShareBasedCompensationAndOther
|
$-586.00K | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-24.33M | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-4.60M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$37.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-942.00K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-21.24M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-48.10M | USD | 1 Quarter |
| Cash and cash equivalents at the beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$122.88M | USD | Point-in-time |
| Cash and cash equivalents at the beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$74.78M | USD | Point-in-time |
| Cash and cash equivalents at the beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$97.68M | USD | Point-in-time |
| Cash and cash equivalents at the beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$76.44M | USD | Point-in-time |
| Cash and cash equivalents at the end of period |
CashAndCashEquivalentsAtCarryingValue
|
$122.88M | USD | Point-in-time |
| Cash and cash equivalents at the end of period |
CashAndCashEquivalentsAtCarryingValue
|
$74.78M | USD | Point-in-time |
| Cash and cash equivalents at the end of period |
CashAndCashEquivalentsAtCarryingValue
|
$97.68M | USD | Point-in-time |
| Cash and cash equivalents at the end of period |
CashAndCashEquivalentsAtCarryingValue
|
$76.44M | USD | Point-in-time |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$145.00K | USD | 1 Quarter |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$1.25M | USD | 1 Quarter |
| Income taxes, net |
IncomeTaxesPaidNet
|
$5.63M | USD | 1 Quarter |
| Income taxes, net |
IncomeTaxesPaidNet
|
$-3.74M | USD | 1 Quarter |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$15.63M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.65M | USD | 1 Quarter |
| Taxes on deferred gains (losses) on cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
$27.00K | USD | 1 Quarter |
| Taxes on deferred gains (losses) on cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
$-170.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-11.96M | USD | 1 Quarter |
| Taxes on unrecognized retirement obligations |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostTaxBenefits
|
$-2.31M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$728.00K | USD | 1 Quarter |
| Taxes on unrecognized retirement obligations |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostTaxBenefits
|
$-1.42M | USD | 1 Quarter |
| Deferred gains (losses) on cash flow hedges, net of taxes of $27 and $(170), respectively |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$-79.00K | USD | 1 Quarter |
| Deferred gains (losses) on cash flow hedges, net of taxes of $27 and $(170), respectively |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$441.00K | USD | 1 Quarter |
| Unrecognized retirement obligations, net of taxes of $(1,415) and $(2,313), respectively |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostNetOfTax
|
$2.32M | USD | 1 Quarter |
| Unrecognized retirement obligations, net of taxes of $(1,415) and $(2,313), respectively |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostNetOfTax
|
$3.83M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$2.96M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-7.69M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$7.94M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$17.61M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.