10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-16-574972 |
| Period End Date | 20160331 |
| Filing Date | 20160503 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | glt-20160331.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
|
$99.84M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$70.26M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$71.57M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$105.30M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$167.46M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$167.20M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$255.50M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$247.21M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$32.65M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$35.44M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$528.66M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$552.37M | USD | Point-in-time |
| Plant, equipment and timberlands, net |
PropertyPlantAndEquipmentNet
|
$735.92M | USD | Point-in-time |
| Plant, equipment and timberlands, net |
PropertyPlantAndEquipmentNet
|
$698.86M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$79.14M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$76.06M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$63.06M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$64.45M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$113.27M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$110.07M | USD | Point-in-time |
| Total assets |
Assets
|
$1.50B | USD | Point-in-time |
| Total assets |
Assets
|
$1.52B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$7.70M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$7.37M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$172.74M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$158.25M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$5.44M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$5.23M | USD | Point-in-time |
| Environmental liabilities |
AccruedEnvironmentalLossContingenciesCurrent
|
$12.54M | USD | Point-in-time |
| Environmental liabilities |
AccruedEnvironmentalLossContingenciesCurrent
|
$11.89M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$106.44M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$106.05M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$304.32M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$289.34M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$353.30M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$356.39M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$76.46M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$81.64M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$103.89M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$103.09M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$837.17M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$831.27M | 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
|
$54.09M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$54.91M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$963.14M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$973.87M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-174.74M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-190.49M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-154.87M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-190.16M | USD | Point-in-time |
| Shareholders' equity before treasury stock |
StockholdersEquityBeforeTreasuryStock
|
$853.76M | USD | Point-in-time |
| Shareholders' equity before treasury stock |
StockholdersEquityBeforeTreasuryStock
|
$828.11M | USD | Point-in-time |
| Less cost of common stock in treasury |
TreasuryStockValue
|
$164.87M | USD | Point-in-time |
| Less cost of common stock in treasury |
TreasuryStockValue
|
$163.59M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$663.25M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$690.17M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.52B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.50B | 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
|
$402.22M | USD | 1 Quarter |
| Energy and related sales, net |
EnergyAndRelatedSalesNet
|
$666.00K | USD | 1 Quarter |
| Energy and related sales, net |
EnergyAndRelatedSalesNet
|
$2.07M | USD | 1 Quarter |
| Total revenues |
SalesRevenueNet
|
$402.88M | USD | 1 Quarter |
| Total revenues |
SalesRevenueNet
|
$419.54M | USD | 1 Quarter |
| Costs of products sold |
CostOfGoodsSold
|
$345.04M | USD | 1 Quarter |
| Costs of products sold |
CostOfGoodsSold
|
$367.43M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$52.11M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$57.84M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$31.27M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$31.86M | USD | 1 Quarter |
| Losses (gains) on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$2.65M | USD | 1 Quarter |
| Losses (gains) on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$-24.00K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$23.49M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$25.96M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.51M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.12M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$91.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$65.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-700.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-187.00K | USD | 1 Quarter |
| Total non-operating expense |
NonoperatingIncomeExpense
|
$-4.72M | USD | 1 Quarter |
| Total non-operating expense |
NonoperatingIncomeExpense
|
$-4.63M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$21.24M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$18.86M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$4.93M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$5.07M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$16.17M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$13.93M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.37 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.32 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.32 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.37 | USD | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.12 | USD | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.12 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
43.25M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
43.52M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
43.87M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
43.95M | shares | 1 Quarter |
Cash Flow Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$16.17M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$13.93M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$15.97M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$16.65M | USD | 1 Quarter |
| Amortization of debt issue costs |
AmortizationOfFinancingCostsAndDiscounts
|
$315.00K | USD | 1 Quarter |
| Amortization of debt issue costs |
AmortizationOfFinancingCostsAndDiscounts
|
$290.00K | USD | 1 Quarter |
| Pension expense, net of unfunded benefits paid |
NoncashPensionExpenseNetOfUnfundedBenefits
|
$2.46M | USD | 1 Quarter |
| Pension expense, net of unfunded benefits paid |
NoncashPensionExpenseNetOfUnfundedBenefits
|
$767.00K | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$2.44M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$1.09M | USD | 1 Quarter |
| Losses (gains) on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$2.65M | USD | 1 Quarter |
| Losses (gains) on dispositions of plant, equipment and timberlands, net |
GainLossOnSaleOfPropertyPlantEquipment
|
$-24.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$1.22M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$1.75M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$13.97M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-2.38M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$4.73M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$5.89M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$2.27M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.98M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-15.76M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-8.07M | USD | 1 Quarter |
| Accruals and other current liabilities |
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
|
$-4.90M | USD | 1 Quarter |
| Accruals and other current liabilities |
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
|
$-3.49M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-1.83M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-41.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$11.44M | USD | 1 Quarter |
| Net cash provided 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
|
$43.29M | USD | 1 Quarter |
| Proceeds from disposals of plant, equipment and timberlands, net |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$2.73M | USD | 1 Quarter |
| Proceeds from disposals of plant, equipment and timberlands, net |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$33.00K | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$300.00K | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.60M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-43.56M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-20.62M | USD | 1 Quarter |
| Payments of borrowing costs |
PaymentsOfDebtIssuanceCosts
|
$1.01M | USD | 1 Quarter |
| Payments of borrowing costs |
PaymentsOfDebtIssuanceCosts
|
$51.00K | USD | 1 Quarter |
| Repayment of term loans |
RepaymentsOfLongTermDebt
|
$1.93M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividendsCommonStock
|
$5.23M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividendsCommonStock
|
$4.77M | USD | 1 Quarter |
| Proceeds from government grants |
ProceedsFromGovernmentGrants
|
$3.86M | USD | 1 Quarter |
| Payments related to share-based compensation awards and other |
ProceedsFromPaymentsForShareBasedCompensationAndOther
|
$-751.00K | USD | 1 Quarter |
| Payments related to share-based compensation awards and other |
ProceedsFromPaymentsForShareBasedCompensationAndOther
|
$-1.41M | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-4.10M | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-7.19M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-2.61M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$1.18M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-35.04M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-28.27M | USD | 1 Quarter |
| 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
|
$70.26M | 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 beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$105.30M | 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
|
$70.26M | USD | Point-in-time |
| Cash and cash equivalents at the end of period |
CashAndCashEquivalentsAtCarryingValue
|
$71.57M | USD | Point-in-time |
| Cash and cash equivalents at the end of period |
CashAndCashEquivalentsAtCarryingValue
|
$105.30M | USD | Point-in-time |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$474.00K | USD | 1 Quarter |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$818.00K | USD | 1 Quarter |
| Income taxes, net |
IncomeTaxesPaidNet
|
$5.32M | USD | 1 Quarter |
| Income taxes, net |
IncomeTaxesPaidNet
|
$5.19M | USD | 1 Quarter |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$16.17M | USD | 1 Quarter |
| Taxes on deferred losses on cash flow hedges |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
|
$-57.00K | USD | 1 Quarter |
| Taxes on deferred losses on cash flow hedges |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
|
$1.06M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$13.93M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$13.42M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-41.34M | USD | 1 Quarter |
| Taxes on unrecognized retirement obligations |
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
|
$-2.01M | USD | 1 Quarter |
| Taxes on unrecognized retirement obligations |
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
|
$-1.37M | USD | 1 Quarter |
| Deferred gains on cash flow hedges, net of taxes of $57 and $(1,063), respectively |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$66.00K | USD | 1 Quarter |
| Deferred gains on cash flow hedges, net of taxes of $57 and $(1,063), respectively |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$2.77M | USD | 1 Quarter |
| Unrecognized retirement obligations, net of taxes of $(1,367) and $(2,011), respectively |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$-2.26M | USD | 1 Quarter |
| Unrecognized retirement obligations, net of taxes of $(1,367) and $(2,011), respectively |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$-3.29M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$15.74M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-35.28M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-21.36M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$31.91M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.