Wausau Paper Inactive 10-Q8 Nov 132013 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2013	Oct. 31, 2013
Document and Entity Information	'	'
Entity Registrant Name	'WAUSAU PAPER CORP.	'
Entity Central Index Key	'0000105076	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	49,445,754
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)	'	'	'	'
Net sales	$91,663	$86,811	$257,480	$257,221
Cost of sales	78,290	71,475	223,018	208,369
Gross profit	13,373	15,336	34,462	48,852
Selling and administrative	13,557	17,108	39,265	48,909
Operating loss	-184	-1,772	-4,803	-57
Interest expense	-1,972	-649	-6,840	-2,358
Other expense, net	-10	-12	-15	-39
Loss from continuing operations before income taxes	-2,166	-2,433	-11,658	-2,454
(Credit) provision for income taxes	-132	-832	8,703	-659
Loss from continuing operations	-2,034	-1,601	-20,361	-1,795
(Loss) earnings from discontinued operations, net of taxes	-818	-3,708	-66,922	4,929
Net (loss) earnings	-2,852	-5,309	-87,283	3,134
Net (loss) earnings per share - basic and diluted:	'	'	'	'
Continuing operations (in dollars per share)	($0.04)	($0.03)	($0.41)	($0.04)
Discontinued operations (in dollars per share)	($0.02)	($0.08)	($1.35)	$0.10
Net (loss) earnings (in dollars per share)	($0.06)	($0.11)	($1.77)	$0.06
Weighted average shares outstanding - basic (in shares)	49,431	49,323	49,398	49,309
Weighted average shares outstanding - diluted (in shares)	49,431	49,323	49,398	49,309
Other comprehensive income	'	'	'	'
Retirement and other post-retirement plans, net of tax of $1,080 and $3,342 for the three months ended September 30, 2013 and 2012, respectively, and $15,139 and $4,534 for the nine months ended September 30, 2013 and 2012, respectively	314	5,452	23,253	7,398
Other comprehensive income	314	5,452	23,253	7,398
Comprehensive (loss) income	($2,538)	$143	($64,030)	$10,532

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)	'	'	'	'
Retirement and other post-retirement plans, tax	$1,080	$3,342	$15,139	$4,534

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Current assets:	'	'
Cash and cash equivalents	$25,353	$4,044
Receivables, net	27,004	66,356
Refundable income taxes	1,960	2,146
Inventories	36,140	56,240
Spare parts	10,230	29,304
Other current assets	2,351	8,766
Assets of discontinued operations - current	10,565	'
Total current assets	113,603	166,856
Property, plant, and equipment, net	293,882	460,656
Deferred income taxes	51,733	19,496
Other assets	54,065	53,707
Total Assets	513,283	700,715
Current liabilities:	'	'
Accounts payable	25,779	50,072
Deferred income taxes	11,034	'
Accrued and other liabilities	26,041	48,114
Liabilities of discontinued operations - current	1,423	833
Total current liabilities	64,277	99,019
Long-term debt	150,000	196,200
Post-retirement benefits	48,831	91,591
Pension	87,230	81,411
Other noncurrent liabilities	21,035	26,993
Noncurrent liabilities of discontinued operations	1,700	'
Total liabilities	373,073	495,214
Stockholders' equity	140,210	205,501
Total Liabilities and Stockholders' Equity	$513,283	$700,715

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS	'	'
Net cash (used in) provided by operating activities	($5,304)	$31,344
Cash flows from investing activities:	'	'
Capital expenditures	-29,457	-110,346
Grants received for capital expenditures	'	236
Proceeds from sale of business	105,067	20,837
Proceeds from sale of assets	1,243	4,777
Net cash provided by (used in) investing activities	76,853	-84,496
Cash flows from financing activities:	'	'
Net (payments) proceeds of commercial paper	-40,700	6,350
Borrowings under credit agreement	65,000	3,000
Payments under credit agreement	-70,500	-3,000
Issuances of notes payable	'	50,000
Payments under industrial development bond agreement	'	-19,000
Proceeds from stock option exercises	406	'
Dividends paid	-4,446	-4,438
Net cash (used in) provided by financing activities	-50,240	32,912
Net increase (decrease) in cash and cash equivalents	21,309	-20,240
Cash and cash equivalents, beginning of period	4,044	26,661
Cash and cash equivalents, end of period	$25,353	$6,421

Description_of_the_Business

Description of the Business	9 Months Ended
Description of the Business	Sep. 30, 2013
Description of the Business	'
Description of the Business	'
	Note 1. Description of the Business

	Wausau Paper Corp. manufactures, converts, and sells a complete line of towel and tissue products that are marketed along with soap and dispensing systems for the industrial and commercial “away-from-home” market. Our products are primarily sold within the United States and Canada.

	Wausau Paper Corp. manufactured, converted, and sold specialty paper products for industrial and commercial end markets and premium printing and writing papers within the former Paper segment. The premium Print & Color brands were sold in January of 2012 and the Brokaw, Wisconsin, mill was closed in February 2012. In January 2013, we announced our intent to focus our management efforts and future investments on our Tissue business. In March 2013, we permanently closed our Brainerd, Minnesota, mill and on June 26, 2013, completed the sale of our specialty paper business, ending our participation in the markets in which our former Paper segment competed. See Note 4 for further information regarding discontinued operations.

Basis_of_Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Sep. 30, 2013
Basis of Presentation	'
Basis of Presentation	'
	Note 2. Basis of Presentation

	The condensed consolidated financial statements include the results of Wausau Paper Corp. and our consolidated subsidiaries. The accompanying condensed consolidated financial statements, in the opinion of management, reflect all adjustments, which are normal and recurring in nature and which are necessary for a fair statement of the results for the periods presented. Results for the interim period are not necessarily indicative of future results. In all regards, the financial statements have been presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Refer to the notes to consolidated financial statements, which appear in the Annual Report on Form 10-K for the year ended December 31, 2012, for our accounting policies and other disclosures, which are pertinent to these statements.

	The results of operations of our specialty paper and printing and writing business are reported as a discontinued operation in the Condensed Consolidated Statements of Comprehensive Income (Loss) for all periods presented. The corresponding assets and liabilities of the discontinued operations in the Condensed Consolidated Balance Sheets have been reclassified in accordance with authoritative literature on discontinued operations when the respective component met the criteria for discontinued operations presentation and prior periods were not restated. As such, the December 31, 2012 balance sheet amounts included liabilities of discontinued operations related only to the Brokaw mill. Also, in accordance with the authoritative literature, we have elected to not separately disclose the cash flows related to the discontinued operation. See Note 4 for further information regarding discontinued operations.

New_Accounting_Pronouncements

New Accounting Pronouncements	9 Months Ended
New Accounting Pronouncements	Sep. 30, 2013
New Accounting Pronouncements	'
New Accounting Pronouncements	'
	Note 3. New Accounting Pronouncements

	Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) No. 2013-02 “Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income” requires expanded disclosures for amounts reclassified out of accumulated other comprehensive income (“AOCI”) by component. The guidance requires the presentation of amounts reclassified out of AOCI by the respective line items of net income, but only if the amount reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that do not meet this requirement, a cross-reference to other disclosures that provide additional detail about those amounts is required. The guidance is to be applied prospectively for reporting periods beginning after December 15, 2012. We adopted ASU No. 2013-02 on January 1, 2013. The new guidance affects disclosures only and did not have an impact on our results of operations or financial position. See Note 12 for further information regarding AOCI.

	In July 2013, the FASB issued ASU No. 2013-11 “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists”. This guidance requires unrecognized tax benefits to be presented as a decrease in net operating loss, similar tax loss or tax credit carryforward if certain criteria are met. The guidance is to be applied prospectively beginning January 1, 2014. We are currently evaluating the impact of the guidance as it may affect balance sheet classification of certain unrecognized tax benefits.

Restructuring_Discontinued_Ope

Restructuring, Discontinued Operations, and Other	9 Months Ended
Restructuring, Discontinued Operations, and Other	Sep. 30, 2013
Restructuring, Discontinued Operations, and Other	'
Restructuring, Discontinued Operations, and Other	'
	Note 4. Restructuring, Discontinued Operations, and Other

	In May 2013, we announced that our Board of Directors had approved the sale of our specialty paper business. The sale of the specialty paper business and primarily all related assets and selected liabilities, excluding the Brainerd mill, closed on June 26, 2013, resulting in net cash proceeds, subject to certain post-closing adjustments, of approximately $105 million after settlement of transaction-related liabilities, transaction costs, and taxes. The sale generated a pre-tax impairment charge of $63.7 million, which is recorded in loss from discontinued operations in the Condensed Consolidated Statements of Comprehensive Income (Loss) for the nine months ended September 30, 2013. As there were no quoted market prices available for these or similar assets, we used the actual sales price to determine the fair market value of the assets, which is a level 3, unobservable input. Included in the impairment charge is a net pre-tax credit of approximately $5.9 million related to pension and other postretirement plan settlements, curtailments, and special termination benefits resulting from modifications made to the plans in connection with the transaction.

	The agreement to sell the specialty paper business also includes a provision whereby we would receive a contingent payment from the buyer if certain performance thresholds and other events occur. At September 30, 2013, no amounts have been recognized related to this provision, as we are not aware of any such events that have occurred or if any such events will occur in the future.

	In February 2013, we announced the planned closure of our Brainerd paper mill. The Brainerd mill permanently closed on March 29, 2013. At March 31, 2013, the Brainerd closure did not meet held-for-sale requirements; however, at September 30, 2013, Brainerd meets the criteria for presentation as discontinued operations.

	In December 2011, we announced that our Board of Directors had approved the sale of our premium Print & Color brands, and the closure of our Brokaw, Wisconsin paper mill. The sale of the premium Print & Color brands, select paper inventory, and certain manufacturing equipment closed on January 31, 2012. We permanently ceased papermaking operations at the mill on February 10, 2012. The sale of the premium Print & Color brands, select paper inventory, and certain manufacturing equipment generated a pre-tax gain of $12.5 million, which is recorded in earnings from discontinued operations in the Condensed Consolidated Statements of Comprehensive Income (Loss) for the nine months ended September 30, 2012. During the third quarter of 2012, we completed the sale and disposal of the remaining long-lived assets of the Brokaw mill, generating proceeds of $4.8 million and a pre-tax gain of approximately $0.2 million.

	We determined that as of June 30, 2013, the sale of the specialty paper business and the closure of the Brainerd mill, and as of March 31, 2012, the closure of the Brokaw mill, met the criteria for discontinued operations presentation as established ASC Subtopic 205-20, “Discontinued Operations”. The results of operations of the specialty paper business, Brainerd, and Brokaw mills have been reported as discontinued operations in the Condensed Consolidated Statements of Comprehensive Income (Loss) for all periods presented. The corresponding assets and liabilities of the discontinued operations have been reclassified in accordance with authoritative literature on discontinued operations when the respective component met the criteria for discontinued operations presentation and prior periods were not restated. As such, the December 31, 2012, balance sheet amounts included liabilities of discontinued operations only related to the Brokaw mill. The assets and liabilities of the specialty paper business and the Brainerd mill have not been reclassified in the December 31, 2012 balance sheet. The statements of cash flows for the nine months ended September 30, 2013 and 2012, have not been adjusted to separately disclose cash flows related to discontinued operations.

	Assets and liabilities of the discontinued operations consist of the following:

			September 30,			December 31,
			2013			2012
	Current assets of discontinued operations:
	Receivables, net		$	1,900		$	—
	Inventories		754			—
	Other current assets		7,911			—
	Assets of discontinued operations - current		10,565			—
	Total assets of discontinued operations		$	10,565		$	—

			September 30,			December 31,
			2013			2012
	Current liabilities of discontinued operations:
	Accounts payable		$	269		$	—
	Accrued and other liabilities		1,154			833
	Liabilities of discontinued operations - current		1,423			833
	Non-current liabilities of discontinued operations:
	Other non-current liabilities		1,700			—
	Total liabilities of discontinued operations		$	3,123		$	833

	The following table summarizes certain Condensed Consolidated Statements of Comprehensive Income (Loss) information for discontinued operations:

			Three Months						Nine Months
			Ended September 30,						Ended September 30,
	(all amounts in thousands, except per share data)		2013			2012			2013			2012

	Net sales		$	1,644		$	115,668		$	209,756		$	419,966

	(Loss) earnings from discontinued operations before income taxes		(1,527		)	(7,112		)	(107,971		)	6,310
	(Credit) provision for income taxes		(709		)	(3,404		)	(41,049		)	1,381
	(Loss) earnings from discontinued operations, net of taxes		$	(818	)	$	(3,708	)	$	(66,922	)	$	4,929

	Net (loss) earnings per share — basic and diluted		$	(0.02	)	$	(0.08	)	$	(1.35	)	$	0.1

	During the third quarter of 2013, we executed restructuring activities related to the sale of the specialty paper business and closure of the Brainerd mill, and have recognized pre-tax charges of $1.8 million during the three months ended September 30, 2013, and net pre-tax charges of $114.8 million during the nine months ended September 30, 2013. These net charges, which are detailed in the table below, are recorded in loss from discontinued operations in the Condensed Consolidated Statements of Comprehensive Income (Loss).

	In addition, during the third quarter of 2012, we recognized pre-tax charges related to the closure of the Brokaw mill of $0.4 million and, exclusive of the gain recorded for the sales transaction, net pre-tax charges of $6.7 million during the nine months ended September 30, 2012. No additional pre-tax closure charges related to the Brokaw mill were incurred during the first nine months of 2013. These net charges, which are also detailed in the following table, are recorded in (loss) earnings from discontinued operations in the Condensed Consolidated Statements of Comprehensive Income (Loss).

			Three Months Ended						Nine Months
			September 30,						Ended September 30,
	(all dollar amounts in thousands)		2013			2012			2013			2012

	Impairment of long-lived assets		$	—		$	—		$	63,712		$	2,075
	Accelerated depreciation on long-lived assets		—			—			35,716			—
	Inventory and spare parts write-downs		—			—			6,712			985
	Severance and benefit continuation costs		749			89			3,127			1,819
	Other associated costs, net		1,079			325			5,573			1,816

	Total		$	1,828		$	414		$	114,840		$	6,695

Following is a summary of the liabilities for restructuring expenses through September 30, 2013, related to the closure of the Brokaw mill, the closure of the Brainerd mill and the sale of the specialty paper business all of which were included in liabilities of discontinued operations:


		December 31,			Reserve/			Payments/			September 30,
(all dollar amounts in thousands)		2012			Provisions			Usage			2013

Severance and benefit continuation		$	26		$	3,127		$	(2,238	)	$	915
Contract termination		—			2,665			(372		)	2,293
Other		22			5,314			(5,336		)	—

Total		$	48		$	11,106		$	(7,946	)	$	3,208

Included in selling and administrative expense in the Condensed Consolidated Statements of Comprehensive Income (Loss) for the three and nine months ended September 30, 2013, were net expense of approximately $0.2 million and a net credit of approximately $1.1 million, respectively, related to a natural gas contract for a closed facility. During the first nine months of 2013, we have made payments related to this natural gas contract of approximately $1.0 million. At September 30, 2013, $0.7 million and $9.4 million are included in current liabilities and noncurrent liabilities, respectively, consisting of contract termination costs associated with this natural gas contract. At December 31, 2012, $2.3 million and $9.8 million are included in current liabilities and noncurrent liabilities, respectively, related to these contract termination costs. We will continue to make payments related to the contract over the original contractual term.

Earnings_Per_Share_EPS

Earnings Per Share ("EPS")	9 Months Ended
	Sep. 30, 2013
Earnings Per Share ("EPS")	'
Earnings Per Share ("EPS")	'
	Note 5. Earnings Per Share (“EPS”)

	The following table reconciles basic weighted average outstanding shares to diluted weighted average outstanding shares:

		Three Months						Nine Months
		Ended September 30,						Ended September 30,
	(all amounts in thousands, except per share data)	2013			2012			2013			2012

	Basic weighted average common shares outstanding	49,431			49,323			49,398			49,309
	Dilutive securities:
	Stock compensation plans	—			—			—			—

	Diluted weighted average common shares outstanding	49,431			49,323			49,398			49,309

	Loss from continuing operations, net of tax	$	(2,034	)	$	(1,601	)	$	(20,361	)	$	(1,795	)
	(Loss) earnings from discontinued operations, net of tax	(818		)	(3,708		)	(66,922		)	4,929

	Net (loss) earnings	$	(2,852	)	$	(5,309	)	$	(87,283	)	$	3,134

	(Loss) earnings from continuing operations, net of tax, per share — basic and diluted	$	(0.04	)	$	(0.03	)	$	(0.41	)	$	(0.04	)
	(Loss) earnings from discontinued operations, net of tax, per share — basic and diluted	(0.02		)	(0.08		)			)	0.1
								(1.35

	Net (loss) earnings per share—basic and diluted	$	(0.06	)	$	(0.11	)	$	(1.77	)	$	0.06

	Stock options for which the exercise price exceeds the average market price over the applicable period have an antidilutive effect on EPS, and accordingly, are excluded from the calculation of diluted EPS. Due to the net loss from continuing operations for the three and nine months ended September 30, 2013, and the three and nine months ended September 30, 2012 stock-based grants for 1,761,065 shares, 1,859,636 shares, 1,801,659 shares, and 1,151,222 shares, respectively, were considered to be antidilutive.

Receivables

Receivables	9 Months Ended
	Sep. 30, 2013
Receivables	'
Receivables	'
	Note 6. Receivables

	Receivables at September 30, 2013, exclude discontinued operations. The receivables related to discontinued operations were not retroactively reclassified and are included in the following table at December 31, 2012.

		September 30,			December 31,
	(all dollar amounts in thousands)	2013			2012
	Trade	$	26,680		$	65,148
	Other	477			1,895
		27,157			67,043
	Less: allowances for doubtful accounts	(153		)	(687		)

		$	27,004		$	66,356

Inventories

Inventories	9 Months Ended
	Sep. 30, 2013
Inventories	'
Inventories	'
	Note 7. Inventories

	Inventories at September 30, 2013, exclude discontinued operations. The inventories related to discontinued operations were not retroactively reclassified and are included in the following table at December 31, 2012.

		September 30,			December 31,
	(all dollar amounts in thousands)	2013			2012
	Raw materials	$	26,846		$	35,171
	Work in process and finished goods	16,745			61,482
	Supplies	1,930			4,723
	Inventories at cost	45,521			101,376
	Less: LIFO reserve	(9,381		)	(45,136		)

		$	36,140		$	56,240

Property_Plant_and_Equipment

Property, Plant, and Equipment	9 Months Ended
	Sep. 30, 2013
Property, Plant, and Equipment	'
Property, Plant, and Equipment	'
	Note 8. Property, Plant, and Equipment

	Property, plant, and equipment at September 30, 2013, excludes discontinued operations. Property, plant, and equipment related to discontinued operations was not retroactively reclassified and is included in the following table at December 31, 2012.

		September 30,			December 31,
		2013			2012
	Property, plant, and equipment
	Buildings	$	82,422		$	130,250
	Machinery and equipment	426,414			936,244
		508,836			1,066,494
	Less: accumulated depreciation	(237,075		)	(627,937		)
	Net depreciated value	271,761			438,557
	Land	1,734			3,391
	Construction in progress	20,387			18,708
		$	293,882		$	460,656

	The continuing operations provision for depreciation and amortization for the three months ended September 30, 2013 and 2012 was $9.9 million and $7.4 million, respectively. The continuing operations provision for depreciation and amortization for the nine months ended September 30, 2013 and 2012 was $29.7 million and $21.9 million, respectively.

Debt

Debt	9 Months Ended
	Sep. 30, 2013
Debt	'
Debt	'
	Note 9. Debt

	A summary of total debt is as follows:

		September 30,		December 31,
	(all dollar amounts in thousands)	2013		2012

	Unsecured private placement notes	$	150,000	$	150,000
	Revolving-credit agreement with financial institutions	—		5,500
	Commercial paper placement agreement	—		40,700
	Total long-term debt	$	150,000	$	196,200

	On March 31, 2010, we entered into a note purchase and private-shelf agreement. This agreement provided for the April 9, 2010, issuance of $50 million of unsecured senior notes having an interest rate of 5.69% that mature on April 9, 2017, and also established a private shelf facility under which up to $125 million of additional promissory notes may be issued at terms agreed upon by the parties at the time of issuance until July 20, 2014. On April 4, 2011, we issued an additional aggregate principal amount of $50 million of our senior notes under the terms of this note purchase and private-shelf agreement. The notes bear interest at 4.68% and mature on April 4, 2018. On August 22, 2011, the private-shelf agreement was amended to expand the total amount available under the private-shelf agreement to $150 million. On April 9, 2012, we issued an additional aggregate principal amount of $50 million of our senior notes under this note purchase and private-shelf agreement. The notes bear interest at 4.00% and mature on June 30, 2016. At September 30, 2013, the total availability of unsecured private placement notes was $200 million, with $150 million of unsecured private placement notes currently outstanding.

	We have estimated the fair value of our long-term debt in accordance with FASB authoritative guidance. The FASB defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between participants at the measurement date. Fair value information for long-term debt is within Level 2 of the fair value hierarchy and is based on current market interest rates and estimates of current market conditions for instruments with similar terms and maturities. At September 30, 2013, the estimated fair value of long-term debt is approximately $159 million which compares to the carrying value of $150 million. At December 31, 2012, the estimated fair value of long-term debt was approximately $209 million which compares to the carrying value of $196 million.

	On June 23, 2010, we entered into a $125 million revolving-credit agreement with five financial institutions that will expire on June 23, 2014. On June 26, 2013, we entered into an amendment to the revolving-credit agreement reducing the amount of aggregate commitments from $125 million to $100 million. At September 30, 2013 there were no amounts outstanding under the revolving-credit agreement. At December 31, 2012, there was $5.5 million outstanding under the revolving-credit agreement.

	In addition, we maintain an unrated commercial paper placement agreement with a bank to issue up to $50 million of unsecured debt obligations. The agreement requires unused credit availability under our revolving-credit agreement equal to the amount of outstanding commercial paper. There were no outstanding borrowings under this agreement at September 30, 2013. At December 31, 2012, there were $40.7 million of commercial paper obligations outstanding.

	We are subject to certain financial and other covenants under the revolving-credit agreement and the note purchase and private-shelf agreement. At September 30, 2013, we were in compliance with all required covenants and expect to remain in full compliance throughout the remainder of 2013.

Pension_and_Other_Postretireme

Pension and Other Post-retirement Benefit Plans	9 Months Ended
	Sep. 30, 2013
Pension and Other Post-retirement Benefit Plans	'
Pension and Other Post-retirement Benefit Plans	'
	Note 10. Pension and Other Post-retirement Benefit Plans

	Inclusive of discontinued operations, the components of net periodic benefit cost recognized in the Condensed Consolidated Statements of Comprehensive Income (Loss) for the three months ended September 30, 2013 and 2012 are as follows:

		Pension Benefits						Other
								Post-retirement
								Benefits
		2013			2012			2013			2012
	Service cost	$	380		$	576		$	76		$	508
	Interest cost	2,452			2,653			488			1,039
	Expected return on plan assets	(3,247		)	(3,566		)	—			—
	Amortization of:
	Prior service (benefit) cost	80			273			(190		)	(770		)
	Actuarial loss	1,233			1,380			67			788
	Settlements	801			12,077			—			—

	Net periodic benefit cost	$	1,699		$	13,393		$	441		$	1,565

	The settlement recognized during the three months ended September 30, 2013, relates to benefits associated with a cash balance pension plan. The settlements recognized during the three months ended September 30, 2012, relate to benefits associated with various pension plans. Approximately $7.7 million of the settlements during the three months ended September 30, 2012, related to the final termination of a certain defined benefit pension plan, which is included in discontinued operations. See Note 4 for additional information regarding the sale of the specialty paper business.

	Inclusive of discontinued operations, the components of net periodic benefit cost recognized in the Condensed Consolidated Statements of Comprehensive Income for the nine months ended September 30, 2013 and 2012 are as follows:

								Other
								Post-retirement
		Pension Benefits						Benefits
		2013			2012			2013			2012

	Service cost	$	1,138		$	1,866		$	1,191		$	1,524
	Interest cost	7,360			8,163			2,129			3,117
	Expected return on plan assets	(9,710		)	(10,895		)	—			—
	Amortization of:
	Prior service cost (benefit)	625			822			(1,715		)	(2,310		)
	Actuarial loss	3,666			3,933			1,251			2,364
	Settlements	2,121			14,317			—			—
	Curtailment	5,369			—			(16,004		)	(634		)
	Special termination benefit impact	4,721			—			—			—

	Net periodic benefit cost	$	15,290		$	18,206		$	(13,148	)	$	4,061

	The settlements recognized during the nine months ended September 30, 2013, relate to benefits associated with a cash balance pension plan. The curtailments and special termination benefit impacts, which are included in discontinued operations, in the nine months ended September 30, 2013, are due to the sale of our specialty paper business. The settlements recognized during the nine months ended September 30, 2012, relate to benefits associated with various pension plans. Approximately $7.7 million of the settlements during the nine months ended September 30, 2012 related to the final termination of a certain defined benefit pension plan, which is included in discontinued operations. The other post-retirement benefits curtailment, which is included in discontinued operations, in the nine months ended September 30, 2012 related to the closure of the Brokaw, Wisconsin mill. See Note 4 for additional information regarding discontinued operations.

	We previously disclosed in our consolidated financial statements for the year ended December 31, 2012 that we anticipate making contributions of approximately $0.8 million directly to our pension and retirement plans as a result of minimum funding requirements and elective contributions in 2013. As of September 30, 2013, we have made payments of approximately $0.6 million to our pension plans. In addition, as previously reported, we expected to contribute approximately $4.7 million, net of subsidy reimbursements, directly to other post-retirement plans in 2013. As of September 30, 2013, we have contributed approximately $2.7 million to our other post-retirement plans. We now expect to contribute approximately $3.6 million to our other post-retirement plans in 2013.

ShareBased_Compensation

Share-Based Compensation	9 Months Ended
Share-Based Compensation	Sep. 30, 2013
Share-Based Compensation	'
Share-Based Compensation	'
	Note 11. Share-Based Compensation

	We account for share-based compensation pursuant to the provisions of FASB ASC Subtopic 718-10.

	Stock Options, Restricted Stock Awards, and Performance Units

	During the three and nine months ended September 30, 2013, share-based compensation expense related to non-qualified stock option grants, restricted stock awards, and performance unit awards was approximately $0.2 million and $1.6 million, respectively. As a result of share-based compensation related to non-qualified stock option grants, restricted stock awards, and performance unit awards, during the three and nine months ended September 30, 2012, we recognized a credit of less than $0.1 million and expense of approximately $1.5 million, respectively. We recognize compensation expense on grants of stock options, and performance unit share-based compensation awards on a straight-line basis over the requisite service period of each award. Forfeiture rates are estimated based upon our historical experience for each grant type. As of September 30, 2013, total unrecognized compensation cost, net of estimated forfeitures, related to share-based compensation awards was approximately $1.7 million, which we expect to recognize over a weighted average period of approximately 1.0 years.

	During the nine months ended September 30, 2013, as part of compensation for our directors and certain employees of Wausau Paper, we granted awards of performance units. Of the awards granted, 48,846 performance units were granted to directors. The grants to certain employees were comprised of three types of awards. The first type of award included 73,628 performance units with vesting based upon the completion of a requisite period of service. The second type of award included 263,599 of performance units with the award subject to achievement of a targeted shareholder return on our common stock over a three-year period. The third type of award was comprised of 228,968 performance units with vesting contingent on (1) achieving certain operating profit levels and (2) completion of a service requirement. We have recognized compensation expense related to these performance-based awards during the three and nine months ended September 30, 2013, as it is probable a portion of the awards will vest as performance criteria are met. As a result of the sale of the specialty paper business and the closure of the Brainerd mill, 197,067 unvested performance units were forfeited during the nine months ended September 30, 2013.

	Stock Appreciation Rights and Dividend Equivalents

	Share-based compensation provisions or credits related to stock appreciation rights and dividend equivalents are determined based upon a remeasurement to their fair value at each interim reporting period in accordance with the provisions of FASB ASC Subtopic 718-10. During the three and nine months ended September 30, 2013 and September 30, 2012, we recognized a credit of less than $0.1 million and expense of less than $0.1 million, respectively, in share-based compensation related to stock appreciation rights and dividend equivalents.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Loss	9 Months Ended
Accumulated Other Comprehensive Loss	Sep. 30, 2013
Accumulated Other Comprehensive Loss	'
Accumulated Other Comprehensive Loss	'
	Note 12. Accumulated Other Comprehensive Loss

	For all periods presented in the Condensed Consolidated Financial Statements, accumulated other comprehensive loss is comprised solely of cumulative net actuarial losses and prior service cost not yet recognized as a component of net periodic benefit costs for retirement and other post-retirement plans. During the nine months ended September 30, 2013, the changes in accumulated other comprehensive loss, net of tax, were as follows:

	(all dollar amounts in thousands)

	Balance at December 31, 2012	$	(91,096	)
	Amounts reclassified from other comprehensive loss	23,253
	Balance at September 30, 2013	$	(67,843	)

	Following are details of the amounts reclassified out of accumulated other comprehensive loss during the nine months ended September 30, 2013:

	(all dollar amounts in thousands)				Affected Line
					Item in the
					Condensed
					Consolidated
					Statements of
					Comprehensive
					Income (Loss)

	Pension and other post-retirement benefit obligation changes:
	Amortization of prior service (cost) credit, net	$	(893	)	(a)
	Amortization of actuarial gains (losses), net	12,603			(a)
	Curtailments	26,682			(a)
		38,392			Total before tax
		15,139			Tax provision
	Reclassifications for the period	$	23,253		Net of tax


	(a) These accumulated other comprehensive income components are included in the computation of net periodic benefit costs. See Note 10, “Pension and Other Post-retirement Benefit Plans” regarding the pension and other post-retirement net periodic benefit costs.

Interim_Segment_Information

Interim Segment Information	9 Months Ended
	Sep. 30, 2013
Interim Segment Information	'
Interim Segment Information	'
	Note 13. Interim Segment Information

	Factors Used to Identify Reportable Segments

	We have evaluated our disclosures of our business segments in accordance with FASB ASC Subtopic 280-10, and as a result of our discontinued operations, we have classified our operations into one reportable segment: Tissue. See Note 4 for additional information on discontinued operations.

	Products from which Revenue is Derived

	We produce a complete line of towel and tissue products that are marketed along with soap and dispensing systems for the “away-from-home” market. We operate a paper mill in Middletown, Ohio, and a manufacturing and converting facility in Harrodsburg, Kentucky.

	Our former Paper segment produced specialty papers within three core markets — Food, Industrial & Tape, and Coated & Liner. The sale of the specialty paper business on June 26, 2013 and closure of the Brainerd mill in March 2013 effectively eliminated this business segment. See Note 4 for additional information on discontinued operations.

	Reconciliations

	In accordance with ASC 280-10, we are presenting the non-restated historical segment asset reconciliation for December 31, 2012. Predominately all assets of the historically classified Paper segment were disposed of in the sale of the specialty paper business. We previously had only two segments Paper and Tissue; however, for reconciliation purposes we had shown Corporate and unallocated assets separately. For the current period this reconciliation is not required as only one segment exists at September 30, 2013.

		December 31,
		2012

	Segment assets:
	Tissue	$	378,278
	Paper	271,793
	Corporate & unallocated*	50,644

		$	700,715


	* Segment assets of Tissue and Paper do not include intersegment accounts receivable, cash, deferred tax assets, and certain other assets, which are not identifiable with segments.

Income_Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2013
Income Taxes	'
Income Taxes	'
	Note 14. Income Taxes

	Our normalized tax rate for 2013 is expected to be approximately 37%. During the three and nine months ended September 30, 2013, our effective tax rate was impacted by an adjustment made to our provision for income taxes, net of federal tax benefit, of approximately $0.6 million and $13.0 million, respectively, with approximately $12.6 million of the amount recognized related to certain state income tax carryforwards that will likely not be utilized to offset taxable income in the future as we no longer have manufacturing operations in these states.

Restructuring_Discontinued_Ope1

Restructuring, Discontinued Operations, and Other (Tables)	9 Months Ended
Restructuring, Discontinued Operations, and Other (Tables)	Sep. 30, 2013
Restructuring, Discontinued Operations, and Other	'
Schedule of assets and liabilities of the discontinued operations	'


		September 30,			December 31,
		2013			2012
	Current assets of discontinued operations:
	Receivables, net	$	1,900		$	—
	Inventories	754			—
	Other current assets	7,911			—
	Assets of discontinued operations - current	10,565			—
	Total assets of discontinued operations	$	10,565		$	—

		September 30,			December 31,
		2013			2012
	Current liabilities of discontinued operations:
	Accounts payable	$	269		$	—
	Accrued and other liabilities	1,154			833
	Liabilities of discontinued operations - current	1,423			833
	Non-current liabilities of discontinued operations:
	Other non-current liabilities	1,700			—
	Total liabilities of discontinued operations	$	3,123		$	833
Schedule of certain Condensed Consolidated Statements of Comprehensive Income (Loss) information for discontinued operations	'


		Three Months						Nine Months
		Ended September 30,						Ended September 30,
	(all amounts in thousands, except per share data)	2013			2012			2013			2012

	Net sales	$	1,644		$	115,668		$	209,756		$	419,966

	(Loss) earnings from discontinued operations before income taxes	(1,527		)	(7,112		)	(107,971		)	6,310
	(Credit) provision for income taxes	(709		)	(3,404		)	(41,049		)	1,381
	(Loss) earnings from discontinued operations, net of taxes	$	(818	)	$	(3,708	)	$	(66,922	)	$	4,929

	Net (loss) earnings per share — basic and diluted	$	(0.02	)	$	(0.08	)	$	(1.35	)	$	0.1
Schedule of restructuring expenses recorded in loss from discontinued operations in the Condensed Consolidated Statements of Comprehensive Income (Loss)	'


		Three Months Ended						Nine Months
		September 30,						Ended September 30,
	(all dollar amounts in thousands)	2013			2012			2013			2012

	Impairment of long-lived assets	$	—		$	—		$	63,712		$	2,075
	Accelerated depreciation on long-lived assets	—			—			35,716			—
	Inventory and spare parts write-downs	—			—			6,712			985
	Severance and benefit continuation costs	749			89			3,127			1,819
	Other associated costs, net	1,079			325			5,573			1,816

	Total	$	1,828		$	414		$	114,840		$	6,695
Schedule of liabilities for restructuring expenses, all of which are recorded in liabilities of discontinued operations	'



		December 31,			Reserve/			Payments/			September 30,
	(all dollar amounts in thousands)	2012			Provisions			Usage			2013

	Severance and benefit continuation	$	26		$	3,127		$	(2,238	)	$	915
	Contract termination	—			2,665			(372		)	2,293
	Other	22			5,314			(5,336		)	—

	Total	$	48		$	11,106		$	(7,946	)	$	3,208

Earnings_Per_Share_EPS_Tables

Earnings Per Share ("EPS") (Tables)	9 Months Ended
	Sep. 30, 2012
Earnings Per Share ("EPS")	'
Schedule of reconciliation of basic and diluted weighted average outstanding shares	'


		Three Months						Nine Months
		Ended September 30,						Ended September 30,
	(all amounts in thousands, except per share data)	2013			2012			2013			2012

	Basic weighted average common shares outstanding	49,431			49,323			49,398			49,309
	Dilutive securities:
	Stock compensation plans	—			—			—			—

	Diluted weighted average common shares outstanding	49,431			49,323			49,398			49,309

	Loss from continuing operations, net of tax	$	(2,034	)	$	(1,601	)	$	(20,361	)	$	(1,795	)
	(Loss) earnings from discontinued operations, net of tax	(818		)	(3,708		)	(66,922		)	4,929

	Net (loss) earnings	$	(2,852	)	$	(5,309	)	$	(87,283	)	$	3,134

	(Loss) earnings from continuing operations, net of tax, per share — basic and diluted	$	(0.04	)	$	(0.03	)	$	(0.41	)	$	(0.04	)
	(Loss) earnings from discontinued operations, net of tax, per share — basic and diluted	(0.02		)	(0.08		)			)	0.1
								(1.35

	Net (loss) earnings per share—basic and diluted	$	(0.06	)	$	(0.11	)	$	(1.77	)	$	0.06

Receivables_Tables

Receivables (Tables)	9 Months Ended
	Sep. 30, 2013
Receivables	'
Schedule of receivables	'


		September 30,			December 31,
	(all dollar amounts in thousands)	2013			2012
	Trade	$	26,680		$	65,148
	Other	477			1,895
		27,157			67,043
	Less: allowances for doubtful accounts	(153		)	(687		)

		$	27,004		$	66,356

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Sep. 30, 2013
Inventories	'
Schedule of inventories	'


		September 30,			December 31,
	(all dollar amounts in thousands)	2013			2012
	Raw materials	$	26,846		$	35,171
	Work in process and finished goods	16,745			61,482
	Supplies	1,930			4,723
	Inventories at cost	45,521			101,376
	Less: LIFO reserve	(9,381		)	(45,136		)

		$	36,140		$	56,240

Property_Plant_and_Equipment_T

Property, Plant, and Equipment (Tables)	9 Months Ended
	Sep. 30, 2013
Property, Plant, and Equipment	'
Schedule of property, plant, and equipment	'


		September 30,			December 31,
		2013			2012
	Property, plant, and equipment
	Buildings	$	82,422		$	130,250
	Machinery and equipment	426,414			936,244
		508,836			1,066,494
	Less: accumulated depreciation	(237,075		)	(627,937		)
	Net depreciated value	271,761			438,557
	Land	1,734			3,391
	Construction in progress	20,387			18,708
		$	293,882		$	460,656

Debt_Tables

Debt (Tables)	9 Months Ended
	Sep. 30, 2013
Debt	'
Schedule of long-term debt	'


		September 30,		December 31,
	(all dollar amounts in thousands)	2013		2012

	Unsecured private placement notes	$	150,000	$	150,000
	Revolving-credit agreement with financial institutions	—		5,500
	Commercial paper placement agreement	—		40,700
	Total long-term debt	$	150,000	$	196,200

Pension_and_Other_Postretireme1

Pension and Other Post-retirement Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2013
Pension and Other Post-retirement Benefit Plans	'
Schedule of component of net periodic benefit costs recognized in the Consolidated Statements Comprehensive Income (Loss) Inclusive of discontinued operations	'
	Inclusive of discontinued operations, the components of net periodic benefit cost recognized in the Condensed Consolidated Statements of Comprehensive Income (Loss) for the three months ended September 30, 2013 and 2012 are as follows:

		Pension Benefits						Other
								Post-retirement
								Benefits
		2013			2012			2013			2012
	Service cost	$	380		$	576		$	76		$	508
	Interest cost	2,452			2,653			488			1,039
	Expected return on plan assets	(3,247		)	(3,566		)	—			—
	Amortization of:
	Prior service (benefit) cost	80			273			(190		)	(770		)
	Actuarial loss	1,233			1,380			67			788
	Settlements	801			12,077			—			—

	Net periodic benefit cost	$	1,699		$	13,393		$	441		$	1,565


	Inclusive of discontinued operations, the components of net periodic benefit cost recognized in the Condensed Consolidated Statements of Comprehensive Income for the nine months ended September 30, 2013 and 2012 are as follows:

								Other
								Post-retirement
		Pension Benefits						Benefits
		2013			2012			2013			2012

	Service cost	$	1,138		$	1,866		$	1,191		$	1,524
	Interest cost	7,360			8,163			2,129			3,117
	Expected return on plan assets	(9,710		)	(10,895		)	—			—
	Amortization of:
	Prior service cost (benefit)	625			822			(1,715		)	(2,310		)
	Actuarial loss	3,666			3,933			1,251			2,364
	Settlements	2,121			14,317			—			—
	Curtailment	5,369			—			(16,004		)	(634		)
	Special termination benefit impact	4,721			—			—			—

	Net periodic benefit cost	$	15,290		$	18,206		$	(13,148	)	$	4,061

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
Accumulated Other Comprehensive Loss (Tables)	Sep. 30, 2013
Accumulated Other Comprehensive Loss	'
Schedule of changes in accumulated other comprehensive loss, net of tax	'
	During the nine months ended September 30, 2013, the changes in accumulated other comprehensive loss, net of tax, were as follows:

	(all dollar amounts in thousands)

	Balance at December 31, 2012	$	(91,096	)
	Amounts reclassified from other comprehensive loss	23,253
	Balance at September 30, 2013	$	(67,843	)
Schedule of amounts reclassified out of accumulated other comprehensive loss	'
	Following are details of the amounts reclassified out of accumulated other comprehensive loss during the nine months ended September 30, 2013:

	(all dollar amounts in thousands)				Affected Line
					Item in the
					Condensed
					Consolidated
					Statements of
					Comprehensive
					Income (Loss)

	Pension and other post-retirement benefit obligation changes:
	Amortization of prior service (cost) credit, net	$	(893	)	(a)
	Amortization of actuarial gains (losses), net	12,603			(a)
	Curtailments	26,682			(a)
		38,392			Total before tax
		15,139			Tax provision
	Reclassifications for the period	$	23,253		Net of tax


	(a) These accumulated other comprehensive income components are included in the computation of net periodic benefit costs. See Note 10, “Pension and Other Post-retirement Benefit Plans” regarding the pension and other post-retirement net periodic benefit costs.

Interim_Segment_Information_Ta

Interim Segment Information (Tables)	9 Months Ended
	Sep. 30, 2013
Interim Segment Information	'
Schedule of reconciliations to corresponding totals in the accompanying consolidated financial statements	'


		December 31,
		2012

	Segment assets:
	Tissue	$	378,278
	Paper	271,793
	Corporate & unallocated*	50,644

		$	700,715


	* Segment assets of Tissue and Paper do not include intersegment accounts receivable, cash, deferred tax assets, and certain other assets, which are not identifiable with segments.

Restructuring_Discontinued_Ope2

Restructuring, Discontinued Operations, and Other (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

0 Months Ended

9 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Jun. 26, 2013

Sep. 30, 2013

Sale of Print & Color brands and Specialty paper business and Closure of Brainerd mill and Brokaw mill

Sale of Print & Color brands

Closure of Brokaw paper mill

Sale of specialty paper business

Impairment of long-lived assets

Severance and benefit continuation costs

Other associated costs, net

Contract termination

Other

Inventory and spare parts write-downs

Accelerated depreciation on long-lived assets

Restructuring and Discontinued Operations

Net cash proceeds, subject to certain post-closing adjustments

$105,067,000

$20,837,000

$105,000,000

Impairment charges

63,700,000

Quoted market prices

Amount of credit generated related to pension and other postretirement plan settlements, curtailments, and special termination benefits

5,900,000

Pre-tax gain on sale and disposal of discontinued operations

12,500,000

200,000

Proceeds from sale and disposal of long-lived assets

4,800,000

Amount of provision recognized

Current assets of discontinued operations:

Receivables, net

1,900,000

Inventories

754,000

Other current assets

7,911,000

Assets of discontinued operations - current

10,565,000

Total assets of discontinued operations

10,565,000

Current liabilities of discontinued operations

Accounts payable

269,000

Accrued and other liabilities

1,154,000

833,000

Liabilities of discontinued operations - current

1,423,000

833,000

Non-current liabilities of discontinued operations:

Other non-current liabilities

1,700,000

Total liabilities of discontinued operations

3,123,000

833,000

Certain condensed consolidated statements of operations information for discontinued operations

Net sales

1,644,000

115,668,000

209,756,000

419,966,000

(Loss) earnings from discontinued operations before income taxes

-1,527,000

-7,112,000

-107,971,000

6,310,000

(Credit) provision for income taxes

-709,000

-3,404,000

-41,049,000

1,381,000

(Loss) earnings from discontinued operations, net of taxes

-818,000

-3,708,000

-66,922,000

4,929,000

Net (loss) earnings per share - basic and diluted (in dollars per share)

($0.02)

($0.08)

($1.35)

$0.10

Closure costs

1,828,000

414,000

114,840,000

6,695,000

63,712,000

2,075,000

749,000

89,000

3,127,000

1,819,000

1,079,000

325,000

5,573,000

1,816,000

6,712,000

985,000

35,716,000

Liabilities for restructuring expenses

Balance at the beginning of the period

48,000

26,000

22,000

Reserve/ Provisions

11,106,000

3,127,000

2,665,000

5,314,000

Payments/ Usage

-7,946,000

-2,238,000

-372,000

-5,336,000

Balance at the end of the period

$3,208,000

$915,000

$2,293,000

Restructuring_and_Discontinued

Restructuring and Discontinued Operations (Details 2) (USD $)	3 Months Ended		9 Months Ended				3 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2013
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Contract termination	Contract termination	Closed facility	Closed facility
Other	'	'	'	'	'	'	'	'
Selling and administrative	$13,557,000	$17,108,000	$39,265,000	$48,909,000	'	'	$200,000	$1,100,000
Payments for natural gas contract	'	'	'	'	'	'	'	1,000,000
Current liabilities	'	'	'	'	700,000	2,300,000	'	'
Noncurrent liabilities	'	'	'	'	$9,400,000	$9,800,000	'	'

Earnings_Per_Share_EPS_Details

Earnings Per Share ("EPS") (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Basic and diluted net (loss) earnings per share	'	'	'	'
Basic weighted average common shares outstanding	49,431,000	49,323,000	49,398,000	49,309,000
Diluted weighted average common shares outstanding	49,431,000	49,323,000	49,398,000	49,309,000
Loss from continuing operations, net of tax	($2,034)	($1,601)	($20,361)	($1,795)
(Loss) earnings from discontinued operations, net of tax	-818	-3,708	-66,922	4,929
Net (loss) earnings	($2,852)	($5,309)	($87,283)	$3,134
(Loss) earnings from continuing operations, net of tax, per share - basic and diluted (in dollars per share)	($0.04)	($0.03)	($0.41)	($0.04)
(Loss) earnings from discontinued operations, net of tax, per share - basic and diluted (in dollars per share)	($0.02)	($0.08)	($1.35)	$0.10
Net (loss) earnings (in dollars per share)	($0.06)	($0.11)	($1.77)	$0.06
Stock options	'	'	'	'
Anti-dilutive securities	'	'	'	'
Anti-dilutive securities excluded from the computation of diluted earnings per share (in shares)	1,761,065	1,801,659	1,859,636	1,151,222

Receivables_Details

Receivables (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Receivables	'	'
Accounts receivable, gross	$27,157	$67,043
Less: allowances for doubtful accounts	-153	-687
Receivables, net	27,004	66,356
Trade	'	'
Receivables	'	'
Accounts receivable, gross	26,680	65,148
Other	'	'
Receivables	'	'
Accounts receivable, gross	$477	$1,895

Inventories_Details

Inventories (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Inventories	'	'
Raw materials	$26,846	$35,171
Work in process and finished goods	16,745	61,482
Supplies	1,930	4,723
Inventories at cost	45,521	101,376
Less: LIFO reserve	-9,381	-45,136
Inventories, net	$36,140	$56,240

Property_Plant_and_Equipment_D

Property, Plant, and Equipment (Details) (USD $)	3 Months Ended		9 Months Ended
Property, Plant, and Equipment (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Property, Plant, and Equipment	'	'	'	'	'
Net depreciated value	$293,882,000	'	$293,882,000	'	$460,656,000
Provision for depreciation and amortization	9,900,000	7,400,000	29,700,000	21,900,000	'
Continuing operations	'	'	'	'	'
Property, Plant, and Equipment	'	'	'	'	'
Net depreciated value	293,882,000	'	293,882,000	'	'
Property, plant, and equipment	'	'	'	'	'
Property, Plant, and Equipment	'	'	'	'	'
Property, plant, and equipment, gross	'	'	'	'	1,066,494,000
Less: accumulated depreciation	'	'	'	'	-627,937,000
Net depreciated value	'	'	'	'	438,557,000
Property, plant, and equipment \| Continuing operations	'	'	'	'	'
Property, Plant, and Equipment	'	'	'	'	'
Property, plant, and equipment, gross	508,836,000	'	508,836,000	'	'
Less: accumulated depreciation	-237,075,000	'	-237,075,000	'	'
Net depreciated value	271,761,000	'	271,761,000	'	'
Buildings	'	'	'	'	'
Property, Plant, and Equipment	'	'	'	'	'
Property, plant, and equipment, gross	'	'	'	'	130,250,000
Buildings \| Continuing operations	'	'	'	'	'
Property, Plant, and Equipment	'	'	'	'	'
Property, plant, and equipment, gross	82,422,000	'	82,422,000	'	'
Machinery and equipment	'	'	'	'	'
Property, Plant, and Equipment	'	'	'	'	'
Property, plant, and equipment, gross	'	'	'	'	936,244,000
Machinery and equipment \| Continuing operations	'	'	'	'	'
Property, Plant, and Equipment	'	'	'	'	'
Property, plant, and equipment, gross	426,414,000	'	426,414,000	'	'
Land	'	'	'	'	'
Property, Plant, and Equipment	'	'	'	'	'
Net depreciated value	'	'	'	'	3,391,000
Land \| Continuing operations	'	'	'	'	'
Property, Plant, and Equipment	'	'	'	'	'
Net depreciated value	1,734,000	'	1,734,000	'	'
Construction in progress	'	'	'	'	'
Property, Plant, and Equipment	'	'	'	'	'
Net depreciated value	'	'	'	'	18,708,000
Construction in progress \| Continuing operations	'	'	'	'	'
Property, Plant, and Equipment	'	'	'	'	'
Net depreciated value	$20,387,000	'	$20,387,000	'	'

Debt_Details

Debt (Details) (USD $)

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Apr. 09, 2012

Apr. 09, 2010

Apr. 04, 2011

Aug. 22, 2011

Apr. 09, 2010

Sep. 30, 2013

Jun. 26, 2013

Dec. 31, 2012

Jun. 23, 2010

Sep. 30, 2013

Dec. 31, 2012

Level 2

Unsecured private placement notes

4.00% unsecured senior notes

5.69% unsecured senior notes

4.68% unsecured senior notes

Private shelf facility

Revolving-credit agreement with financial institutions

Commercial paper placement agreement

item

Debt

Total long-term debt

$150,000,000

$196,200,000

$150,000,000

$5,500,000

$40,700,000

Interest rate (as a percent)

4.00%

5.69%

4.68%

Issuance of debt

50,000,000

Maximum borrowing capacity

150,000,000

125,000,000

100,000,000

125,000,000

50,000,000

Maximum borrowing capacity before amendment

125,000,000

Estimated fair value of long-term debt

159,000,000

209,000,000

159,000,000

209,000,000

Outstanding borrowings

150,000,000

5,500,000

40,700,000

Total amount available for borrowing

$200,000,000

Number of financial institutions

Pension_and_Other_Postretireme2

Pension and Other Post-retirement Benefit Plans (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Pension Benefits	'	'	'	'
Components of net periodic benefit cost recognized	'	'	'	'
Service cost	$380,000	$576,000	$1,138,000	$1,866,000
Interest cost	2,452,000	2,653,000	7,360,000	8,163,000
Expected return on plan assets	-3,247,000	-3,566,000	-9,710,000	-10,895,000
Amortization of:	'	'	'	'
Prior service (benefit) cost	80,000	273,000	625,000	822,000
Actuarial loss	1,233,000	1,380,000	3,666,000	3,933,000
Settlements	801,000	12,077,000	2,121,000	14,317,000
Curtailment	'	'	5,369,000	'
Special termination benefit impact	'	'	4,721,000	'
Net periodic benefit cost	1,699,000	13,393,000	15,290,000	18,206,000
Anticipated contributions	600,000	'	600,000	'
Pension Benefits \| Sale of specialty paper business	'	'	'	'
Amortization of:	'	'	'	'
Settlements	'	7,700,000	'	7,700,000
Pension Benefits \| Previously disclosed	'	'	'	'
Amortization of:	'	'	'	'
Anticipated contributions	800,000	'	800,000	'
Other Post-retirement Benefits	'	'	'	'
Components of net periodic benefit cost recognized	'	'	'	'
Service cost	76,000	508,000	1,191,000	1,524,000
Interest cost	488,000	1,039,000	2,129,000	3,117,000
Amortization of:	'	'	'	'
Prior service (benefit) cost	-190,000	-770,000	-1,715,000	-2,310,000
Actuarial loss	67,000	788,000	1,251,000	2,364,000
Curtailment	'	'	-16,004,000	-634,000
Net periodic benefit cost	441,000	1,565,000	-13,148,000	4,061,000
Contributions by employer	'	'	2,700,000	'
Other Post-retirement Benefits \| Previously disclosed	'	'	'	'
Amortization of:	'	'	'	'
Anticipated contributions	4,700,000	'	4,700,000	'
Other Post-retirement Benefits \| Plan Expectation	'	'	'	'
Amortization of:	'	'	'	'
Contributions by employer	'	'	$3,600,000	'

ShareBased_Compensation_Detail

Share-Based Compensation (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Share-Based Compensation	'	'	'	'
Share-based compensation expense	$0.20	'	$1.60	'
Unrecognized compensation expense	1.7	'	1.7	'
Weighted average period for recognition of unrecognized compensation expense	'	'	'1 year	'
Maximum	'	'	'	'
Share-Based Compensation	'	'	'	'
Share-based compensation expense	'	-0.1	'	1.5
Performance units	'	'	'	'
Share-Based Compensation	'	'	'	'
Number of unvested performance units forfeited (in shares)	'	'	197,067	'
Performance units \| Directors	'	'	'	'
Share-Based Compensation	'	'	'	'
Number of awards granted (in shares)	'	'	48,846	'
Performance units \| Certain Employees	'	'	'	'
Share-Based Compensation	'	'	'	'
Number of types of awards	'	'	3	'
Performance units \| Certain Employees \| First type of award	'	'	'	'
Share-Based Compensation	'	'	'	'
Number of awards granted (in shares)	'	'	73,628	'
Performance units \| Certain Employees \| Second type of award	'	'	'	'
Share-Based Compensation	'	'	'	'
Number of awards granted (in shares)	'	'	263,599	'
Vesting period	'	'	'3 years	'
Performance units \| Certain Employees \| Third type of award	'	'	'	'
Share-Based Compensation	'	'	'	'
Number of awards granted (in shares)	'	'	228,968	'
Stock Appreciation Rights and Dividend Equivalents \| Maximum	'	'	'	'
Share-Based Compensation	'	'	'	'
Share-based compensation expense	($0.10)	($0.10)	$0.10	$0.10

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Loss (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Changes in accumulated other comprehensive loss, net of tax	'	'	'	'
Balance at the beginning of the period	'	'	($91,096)	'
Amounts reclassified from other comprehensive loss	'	'	23,253	'
Balance at the end of the period	-67,843	'	-67,843	'
Accumulated other comprehensive loss, net of tax	'	'	'	'
Loss from continuing operations before income taxes	-2,166	-2,433	-11,658	-2,454
Tax provision	-132	-832	8,703	-659
Net (loss) earnings	-2,852	-5,309	-87,283	3,134
Pension and other post-retirement benefit obligation changes \| Amounts reclassified out of accumulated other comprehensive loss	'	'	'	'
Accumulated other comprehensive loss, net of tax	'	'	'	'
Amortization of prior service (cost) credit, net	'	'	-893	'
Amortization of actuarial gains (losses), net	'	'	12,603	'
Curtailments	'	'	26,682	'
Loss from continuing operations before income taxes	'	'	38,392	'
Tax provision	'	'	15,139	'
Net (loss) earnings	'	'	$23,253	'

Interim_Segment_Information_De

Interim Segment Information (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
	item	Dec. 31, 2012
Interim Segment Information	'	'
Number of reportable segments	1	'
Interim Segment Information	'	'
Number of previously reported segments	2	'
Segment assets:	$513,283	$700,715
Tissue	'	'
Interim Segment Information	'	'
Segment assets:	'	378,278
Paper	'	'
Interim Segment Information	'	'
Number of core markets	3	'
Segment assets:	'	271,793
Corporate & unallocated	'	'
Interim Segment Information	'	'
Segment assets:	'	$50,644

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013
Income Taxes	'	'
Federal statutory tax rate (as a percent)	37.00%	37.00%
Income tax adjustment, net of federal tax benefit	$0.60	$13
State income tax carryforwards	$12.60	$12.60