Date: Friday, 21-Nov-97 00:07:25 GMT Server: Open-Market-Secure-WebServer/2.0.5.RC0 MIME-version: 1.0 Security-Scheme: S-HTTP/1.1 Last-modified: Wednesday, 16-Apr-97 20:55:28 GMT Content-type: text/html
Dollars in millions, except per-share amounts |
1996 |
1995 |
1994 |
1993 |
1992 |
1991 |
1990 |
1989 |
1988 |
1987 |
1986 |
Income Statement Data Net sales Operating income (loss) Income (loss) from continuing operations before cumulative effect of changes in accounting principles and extraordinary charge (1) Net income (loss) Fully diluted earnings (loss) per common share Dividends declared per common share (2) |
$1,718.3 301.2
204.1 |
$2,001.1 549.3
258.2 |
$1,359.0 42.1
(4.8) |
$1,353.7 (63.3)
(64.5) |
$1,360.8 (74.1)
(92.9) |
$1,190.4 103.7
45.6 |
$1,289.1 174.9
87.4 |
$1,361.0 280.5
144.6 |
$1,330.8 334.1
164.3 |
$1,154.5 218.5
81.1 |
$846.7 124.0
49.4 |
Product Sales Information Newsprint Directory and uncoated groundwood specialties (3) Coated groundwood Market pulp Lumber and other wood products Communication papers (3) Distribution costs |
$845.3 221.9 356.3 154.3 108.0 153.3 (120.8) $1,718.3 |
$841.6 203.6 463.8 233.3 116.8 248.9 (106.9) $2,001.1 |
$604.0 165.9 307.0 130.6 87.9 190.7 (127.1) $1,359.0 |
$607.6 178.5 316.2 98.9 103.1 191.8 (142.4) $1,353.7 |
$649.6 124.7 296.1 136.4 79.5 207.5 (133.0) $1,360.8 |
$601.4 - 259.9 138.0 34.3 254.9 (98.1) $1,190.4 |
$617.2 - 279.0 170.7 32.6 280.9 (91.3) $1,289.1 |
$645.3 - 279.2 182.6 32.7 310.2 (89.0) $1,361.0 |
$671.3 - 269.7 153.2 37.2 279.0 (79.6) $1,330.8 |
$607.1 - 203.7 125.1 37.7 257.4 (76.5) $1,154.5 |
$556.1 - 126.4 98.3 36.0 102.9 (73.0) $846.7 |
Financial Position (3) Timber and timberlands Fixed assets, net Total assets Total debt Total debt and redeemable preferred stock Total capitalization (4) |
$395.7 1,636.7 2,865.5 760.6 785.4 2,082.8 |
$430.4 1,711.0 2,908.2 818.1 867.8 2,113.9 |
$426.4 1,785.0 2,851.4 1,118.5 1,193.0 2,222.5 |
$422.5 1,750.7 2,726.2 1,120.2 1,194.6 2,071.8 |
$432.6 1,821.7 2,881.6 1,134.3 1,208.5 2,186.4 |
$414.1 1,858.8 2,780.0 864.5 938.6 2,061.7 |
$297.9 1,604.7 2,297.9 498.2 572.2 1,694.5 |
$285.7 1,529.5 2,284.2 532.4 606.4 1,700.5 |
$273.5 1,223.8 1,880.5 293.2 367.1 1,368.0 |
$256.6 1,079.8 1,699.8 367.6 441.4 1,301.7 |
$243.6 1,021.6 1,600.7 631.8 705.6 1,288.7 |
Additional Information Percent return on average common equity Income from continuing operations as a percentage of net sales Total debt as a percentage of total capitalization Total debt and redeemable preferred stock as a percentage of shareholders' equity Effective tax rate Cash flow from (used for) operations Capital expenditures, including timberlands Common shareholders' equity per common share Common stock price range Sales (thousands of short tons) - Newsprint - Directory and uncoated groundwood specialties - Coated groundwood - Market pulp Registered shareholders Employees (3) |
18.6% 11.9% 36.5% 67.1% 35.2% $336.2 $107.0 $27.97 $31 ![]() ![]() 1,446 275 432 393 5,600 5,025 |
27.5% 12.9% 38.7% 79.2% 39.4% $607.7 $ 96.0 $24.52 $26 ![]() ![]() 1,402 289 476 325 5,900 5,500 |
(3.0)% (0.4)% 50.3% 134.4% 70.0% $ 80.9 $216.1 $18.92 $20 ![]() ![]() 1,460 265 453 300 6,600 6,000 |
(8.6)% (4.8)% 54.1% 163.1% 32.0% $(30.6) $121.8 $20.10 $18-24 ![]() 1,437 278 454 312 7,300 6,600 |
(9.6)% (6.8)% 51.9% 147.7% 37.0% $109.5 $139.5 $22.55 $17 ![]() ![]() 1,604 191 447 318 8,200 6,900 |
4.4% 3.8% 41.9% 99.6% 37.0% $156.6 $159.7 $26.21 $18 ![]() ![]() 1,244 - 346 317 9,500 7,200 |
7.9% 6.8% 29.4% 61.2% 37.0% $238.4 $214.1 $26.24 $16 ![]() ![]() 1,266 - 352 300 14,000 5,100 |
16.0% 10.6% 31.3% 66.9% 36.0% $327.3 $423.4 $25.37 $25 ![]() ![]() 1,278 - 343 261 15,600 5,100 |
20.7% 12.4% 21.4% 44.4% 36.5% $324.3 $214.3 $23.07 $25 ![]() ![]() 1,233 - 337 250 17,000 5,000 |
13.1% 7.0% 28.2% 61.9% 43.0% $247.3 $ 88.1 $19.60 $22-44 ![]() 1,246 - 316 253 18,000 5,000 |
10.2% 5.8% 49.0% 156.1% 30.2% $123.7 $308.5 $15.33 $23 ![]() ![]() 1,237 - 188 260 21,000 4,800 |
1. Extraordinary charges relate to debt retirements in 1996,
1995 and 1990. The change in accounting principle relates to the adoption
of SFAS #106 and SFAS #109 in 1992.
2. Dividends are declared quarterly. 3. In 1996, the company sold Star Forms. 1991 and subsequent year amounts include GNP, acquired December 31, 1991. 4. Total capitalization includes total debt, minority interests in subsidiaries, redeemable preferred stock and shareholders' equity. |