10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-15-172212 |
| Period End Date | 20150331 |
| Filing Date | 20150505 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | glt-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$122.88M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$99.84M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$74.78M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$71.57M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$163.76M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$167.73M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$248.71M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$244.46M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$65.81M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$62.32M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$549.58M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$574.62M | USD | Point-in-time |
| Plant, equipment and timberlands, net |
PropertyPlantAndEquipmentNet
|
$662.81M | USD | Point-in-time |
| Plant, equipment and timberlands, net |
PropertyPlantAndEquipmentNet
|
$697.61M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$74.88M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$84.14M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$67.30M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$77.10M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$132.69M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$128.04M | USD | Point-in-time |
| Total assets |
Assets
|
$1.49B | USD | Point-in-time |
| Total assets |
Assets
|
$1.56B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$5.73M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$6.88M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$136.76M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$157.07M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$5.22M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$4.78M | USD | Point-in-time |
| Environmental liabilities |
AccruedEnvironmentalLossContingenciesCurrent
|
$5.00M | USD | Point-in-time |
| Environmental liabilities |
AccruedEnvironmentalLossContingenciesCurrent
|
$1.07M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$111.08M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$104.57M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$279.73M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$258.43M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$398.88M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$379.76M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$104.02M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$100.45M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$129.77M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$125.74M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$912.39M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$864.39M | 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
|
$54.34M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$51.98M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$919.47M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$928.17M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-75.36M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-72.39M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-190.16M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-154.87M | USD | Point-in-time |
| Shareholders' equity before treasury stock |
StockholdersEquityBeforeTreasuryStock
|
$819.48M | USD | Point-in-time |
| Shareholders' equity before treasury stock |
StockholdersEquityBeforeTreasuryStock
|
$790.55M | USD | Point-in-time |
| Less cost of common stock in treasury |
TreasuryStockValue
|
$170.38M | USD | Point-in-time |
| Less cost of common stock in treasury |
TreasuryStockValue
|
$167.68M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$622.87M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$649.11M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.49B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.56B | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueGoodsNet
|
$417.47M | USD | 1 Quarter |
| Net sales |
SalesRevenueGoodsNet
|
$455.72M | USD | 1 Quarter |
| Energy and related sales, net |
EnergyAndRelatedSalesNet
|
$2.07M | USD | 1 Quarter |
| Energy and related sales, net |
EnergyAndRelatedSalesNet
|
$5.26M | USD | 1 Quarter |
| Total revenues |
SalesRevenueNet
|
$460.98M | USD | 1 Quarter |
| Total revenues |
SalesRevenueNet
|
$419.54M | USD | 1 Quarter |
| Costs of products sold |
CostOfGoodsSold
|
$405.94M | USD | 1 Quarter |
| Costs of products sold |
CostOfGoodsSold
|
$367.43M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$52.11M | 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
|
$31.27M | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$2.65M | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$809.00K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$22.30M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$23.49M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.81M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.51M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$65.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$61.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-187.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$211.00K | USD | 1 Quarter |
| Total non-operating expense |
NonoperatingIncomeExpense
|
$-4.63M | 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
|
$18.86M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$4.93M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$3.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$13.93M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.65M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.34 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.32 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.33 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.32 | USD | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.11 | USD | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.11 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
43.25M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
43.37M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
44.36M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
43.95M | shares | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$13.93M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.65M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$15.97M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$18.61M | USD | 1 Quarter |
| Amortization of debt issue costs and original issue discount |
AmortizationOfFinancingCostsAndDiscounts
|
$315.00K | USD | 1 Quarter |
| Amortization of debt issue costs and original issue discount |
AmortizationOfFinancingCostsAndDiscounts
|
$328.00K | USD | 1 Quarter |
| Pension expense, net of unfunded benefits paid |
NoncashPensionExpenseNetOfUnfundedBenefits
|
$1.18M | USD | 1 Quarter |
| Pension expense, net of unfunded benefits paid |
NoncashPensionExpenseNetOfUnfundedBenefits
|
$2.46M | USD | 1 Quarter |
| Deferred income tax provision (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-2.18M | USD | 1 Quarter |
| Deferred income tax provision (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$1.09M | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$2.65M | USD | 1 Quarter |
| Gains on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$809.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$1.75M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$1.84M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$13.97M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$11.23M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$4.73M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$11.68M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$2.33M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$2.27M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-5.99M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-8.07M | USD | 1 Quarter |
| Accruals and other current liabilities |
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
|
$-11.81M | USD | 1 Quarter |
| Accruals and other current liabilities |
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
|
$-3.49M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$791.00K | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-1.83M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-10.21M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$2.15M | USD | 1 Quarter |
| Expenditures for purchases of plant, equipment and timberlands |
PaymentsToAcquirePropertyPlantAndEquipment
|
$21.75M | USD | 1 Quarter |
| Expenditures for purchases of plant, equipment and timberlands |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.44M | USD | 1 Quarter |
| Proceeds from disposals of plant, equipment and timberlands, net |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$839.00K | USD | 1 Quarter |
| Proceeds from disposals of plant, equipment and timberlands, net |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$2.73M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.60M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-20.62M | 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
|
$1.01M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$1.25M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividendsCommonStock
|
$4.77M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividendsCommonStock
|
$4.36M | USD | 1 Quarter |
| Payments related to share-based compensation awards and other |
ProceedsFromPaymentsForShareBasedCompensationAndOther
|
$-1.41M | USD | 1 Quarter |
| Payments related to share-based compensation awards and other |
ProceedsFromPaymentsForShareBasedCompensationAndOther
|
$-781.00K | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-7.19M | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-24.33M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-2.61M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$37.00K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-28.27M | 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
|
$99.84M | 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
|
$71.57M | 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
|
$99.84M | 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
|
$71.57M | USD | Point-in-time |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$818.00K | USD | 1 Quarter |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$1.25M | USD | 1 Quarter |
| Income taxes, net |
IncomeTaxesPaidNet
|
$5.32M | USD | 1 Quarter |
| Income taxes, net |
IncomeTaxesPaidNet
|
$5.63M | USD | 1 Quarter |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| 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
|
$-1.06M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$13.93M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.65M | USD | 1 Quarter |
| Taxes on unrecognized retirement obligations |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostTaxBenefits
|
$-1.42M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-41.34M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$728.00K | USD | 1 Quarter |
| Taxes on unrecognized retirement obligations |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostTaxBenefits
|
$-2.01M | USD | 1 Quarter |
| Deferred gains (losses) on cash flow hedges, net of taxes of $(1,063) and $27, respectively |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$2.77M | USD | 1 Quarter |
| Deferred gains (losses) on cash flow hedges, net of taxes of $(1,063) and $27, respectively |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$-79.00K | USD | 1 Quarter |
| Unrecognized retirement obligations, net of taxes of $(2,011) and $(1,415), respectively |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostNetOfTax
|
$2.32M | USD | 1 Quarter |
| Unrecognized retirement obligations, net of taxes of $(2,011) and $(1,415), respectively |
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostUnrecognizedInNetPeriodicPensionCostNetOfTax
|
$3.29M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$2.96M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-35.28M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-21.36M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$17.61M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.