Magnera (MAGN) 10-Q 3 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 30, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	GLT
Entity Registrant Name	GLATFELTER P H CO
Entity Central Index Key	41,719
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		43,504,777

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Statement [Abstract]
Net sales	$ 402,218	$ 417,469
Energy and related sales, net	666	2,068
Total revenues	402,884	419,537
Costs of products sold	345,041	367,429
Gross profit	57,843	52,108
Selling, general and administrative expenses	31,858	31,272
Losses (gains) on dispositions of plant, equipment and timberlands, net	24	(2,654)
Operating income	25,961	23,490
Non-operating income (expense)
Interest expense	(4,116)	(4,508)
Interest income	91	65
Other, net	(700)	(187)
Total non-operating expense	(4,725)	(4,630)
Income before income taxes	21,236	18,860
Income tax provision	5,068	4,935
Net income	$ 16,168	$ 13,925
Earnings per share
Basic	$ 0.37	$ 0.32
Diluted	0.37	0.32
Cash dividends declared per common share	$ 0.125	$ 0.120
Weighted average shares outstanding
Basic	43,521	43,252
Diluted	43,871	43,949

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 16,168	$ 13,925
Foreign currency translation adjustments	13,419	(41,337)
Net change in:
Deferred gains on cash flow hedges, net of taxes of $57 and $(1,063), respectively	66	2,766
Unrecognized retirement obligations, net of taxes of $(1,367) and $(2,011), respectively	2,257	3,286
Other comprehensive income (loss)	15,742	(35,285)
Comprehensive income (loss)	$ 31,910	$ (21,360)

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Taxes on deferred losses on cash flow hedges	$ 57	$ (1,063)
Taxes on unrecognized retirement obligations	$ (1,367)	$ (2,011)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 70,262	$ 105,304
Accounts receivable, net	167,456	167,199
Inventories	255,503	247,214
Prepaid expenses and other current assets	35,435	32,650
Total current assets	528,656	552,367
Plant, equipment and timberlands, net	735,923	698,864
Goodwill	79,141	76,056
Intangible assets	64,448	63,057
Other assets	113,272	110,072
Total assets	1,521,440	1,500,416
Liabilities and Shareholders' Equity
Current portion of long-term debt	7,704	7,366
Accounts payable	158,255	172,735
Dividends payable	5,440	5,231
Environmental liabilities	11,890	12,544
Other current liabilities	106,054	106,444
Total current liabilities	289,343	304,320
Long-term debt	356,395	353,296
Deferred income taxes	81,640	76,458
Other long-term liabilities	103,891	103,095
Total liabilities	$ 831,269	$ 837,169
Commitments and contingencies
Shareholders' equity
Common stock	$ 544	$ 544
Capital in excess of par value	54,087	54,912
Retained earnings	973,873	963,143
Accumulated other comprehensive loss	(174,744)	(190,486)
Shareholders' equity before treasury stock	853,760	828,113
Less cost of common stock in treasury	(163,589)	(164,866)
Total shareholders' equity	690,171	663,247
Total liabilities and shareholders' equity	$ 1,521,440	$ 1,500,416

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating activities
Net income	$ 16,168	$ 13,925
Adjustments to reconcile to net cash provided by operations:
Depreciation, depletion and amortization	16,646	15,975
Amortization of debt issue costs	290	315
Pension expense, net of unfunded benefits paid	767	2,463
Deferred income tax benefit	2,436	1,086
Losses (gains) on dispositions of plant, equipment and timberlands, net	24	(2,654)
Share-based compensation	1,217	1,747
Change in operating assets and liabilities
Accounts receivable	2,376	(13,968)
Inventories	(5,888)	(4,732)
Prepaid and other current assets	(1,980)	(2,269)
Accounts payable	(15,759)	(8,067)
Accruals and other current liabilities	(4,897)	(3,492)
Other	41	1,826
Net cash provided by operating activities	11,441	2,155
Investing activities
Expenditures for purchases of plant, equipment and timberlands	(43,294)	(21,749)
Proceeds from disposals of plant, equipment and timberlands, net	33	2,726
Other	(300)	(1,600)
Net cash used by investing activities	(43,561)	(20,623)
Financing activities
Payments of borrowing costs	(51)	(1,008)
Repayment of term loans	(1,926)
Payments of dividends	(5,231)	(4,774)
Proceeds from government grants	3,861
Payments related to share-based compensation awards and other	(751)	(1,408)
Net cash used by financing activities	(4,098)	(7,190)
Effect of exchange rate changes on cash	1,176	(2,609)
Net decrease in cash and cash equivalents	(35,042)	(28,267)
Cash and cash equivalents at the beginning of period	105,304	99,837
Cash and cash equivalents at the end of period	70,262	71,570
Cash paid for:
Interest, net of amounts capitalized	474	818
Income taxes, net	$ 5,188	$ 5,321

Organization

Organization	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. ORGANIZATION P. H. Glatfelter Company and subsidiaries (“Glatfelter”) is a manufacturer of specialty papers and fiber-based engineered materials. Headquartered in York, PA, U.S. operations include facilities in Spring Grove, PA and Chillicothe and Fremont, OH. International operations include facilities in Canada, Germany, France, the United Kingdom and the Philippines, and sales and distribution offices in Russia and China. Our products are marketed worldwide, either through wholesale paper merchants, brokers and agents, or directly to customers.

Accounting Policies

Accounting Policies	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Accounting Policies	ACCOUNTING POLICIES Basis of Presentation We prepared these financial statements in accordance with accounting principles generally accepted in the United States of America (“generally accepted accounting principles” or “GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission pertaining to interim financial statements. In our opinion, the financial statements reflect all normal, recurring adjustments needed to present fairly our results for the interim periods. When preparing these financial statements, we have assumed that you have read the audited consolidated financial statements included in our 2015 Annual Report on Form 10-K. Accounting Estimates Recently Issued Accounting Pronouncements Compensation – Stock Compensation (Topic 718) Improvements to Employee Share-Based Payment A ccounting In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE The following table sets forth the details of basic and diluted earnings per share (“EPS”): Three months ended In thousands, except per share 2016 2015 Net income $ 16,168 $ 13,925 Weighted average common shares outstanding used in basic EPS 43,521 43,252 Common shares issuable upon exercise of dilutive stock options and PSAs / RSUs 350 697 Weighted average common shares outstanding and common share equivalents used in diluted EPS 43,871 43,949 Earnings per share Basic $ 0.37 $ 0.32 Diluted 0.37 0.32 The following table sets forth potential common shares outstanding for stock options and restricted stock units that were not included in the computation of diluted EPS for the period indicated, because their effect would be anti-dilutive: March 31 In thousands 2016 2015 Three months ended 1,694 690

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Accumulated Other Comprehensive Income	ACCUMULATED OTHER COMPREHENSIVE INCOME The following table sets forth details of the changes in accumulated other comprehensive income (losses) for the three months ended March 31, 2016 and 2015. in thousands Currency Unrealized gain Change in Change in other Total Balance at January 1, 2016 $ (73,041 ) $ (225 ) $ (120,714 ) $ 3,494 $ (190,486 ) Other comprehensive income before reclassifications (net of tax) 13,419 252 — — 13,671 Amounts reclassified from accumulated other comprehensive income (net of tax) — (186 ) 2,315 (58 ) 2,071 Net current period other comprehensive income (loss) 13,419 66 2,315 (58 ) 15,742 Balance at March 31, 2016 $ (59,622 ) $ (159 ) $ (118,399 ) $ 3,436 $ (174,744 ) Balance at January 1, 2015 $ (34,224 ) $ 2,356 $ (120,260 ) $ (2,742 ) $ (154,870 ) Other comprehensive income before reclassifications (net of tax) (41,337 ) 3,394 — — (37,943 ) Amounts reclassified from accumulated other comprehensive income (net of tax) — (628 ) 3,266 20 2,658 Net current period other comprehensive income (loss) (41,337 ) 2,766 3,266 20 (35,285 ) Balance at March 31, 2015 $ (75,561 ) $ 5,122 $ (116,994 ) $ (2,722 ) $ (190,155 ) Reclassifications out of accumulated other comprehensive income were as follows: Three months ended In thousands 2016 2015 Description Line Item in Statements of Income Cash flow hedges (Note 12) Gains on cash flow hedges $ (298 ) $ (873 ) Costs of products sold Tax expense 112 245 Income tax provision Net of tax (186 ) (628 ) Retirement plan obligations (Note 7) Amortization of deferred benefit pension plan items Prior service costs 503 567 Costs of products sold 171 193 Selling, general and administrative Actuarial losses 2,281 3,366 Costs of products sold 773 1,140 Selling, general and administrative 3,728 5,266 Tax benefit (1,413 ) (2,000 ) Income tax provision Net of tax 2,315 3,266 Amortization of deferred benefit other plan items Prior service costs (37 ) (57 ) Costs of products sold (8 ) (13 ) Selling, general and administrative Actuarial losses (42 ) 82 Costs of products sold (9 ) 18 Selling, general and administrative (96 ) 30 Tax provision (benefit) 38 (10 ) Income tax provision Net of tax (58 ) 20 Total reclassifications, net of tax $ 2,071 $ 2,658

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Income taxes are recognized for the amount of taxes payable or refundable for the current year and deferred tax liabilities and assets for the future tax consequences of events that have been recognized in our consolidated financial statements or tax returns. The effects of income taxes are measured based on enacted tax laws and rates. As of March 31, 2016 and December 31, 2015, we had $12.7 million and $12.2 million, respectively, of gross unrecognized tax benefits. As of March 31, 2016, if such benefits were to be recognized, approximately $11.2 million would be recorded as a component of income tax expense, thereby affecting our effective tax rate. We, or one of our subsidiaries, file income tax returns with the United States Internal Revenue Service, as well as various state and foreign authorities. The following table summarizes, by major jurisdiction, tax years that remain subject to examination: Open Tax Years Jurisdiction Examinations Examination United States Federal 2013 - 2015 N/A State 2011 - 2015 2011 - 2014 Canada (1) 2010 - 2015 N/A Germany (1) 2012 - 2015 2007 - 2011 France 2013 - 2015 2011 - 2012 United Kingdom 2014 - 2015 N/A Philippines 2012, 2015 2013, 2014 (1) includes provincial or similar local jurisdictions, as applicable The amount of income taxes we pay is subject to ongoing audits by federal, state and foreign tax authorities, which often result in proposed assessments. Management performs a comprehensive review of its global tax positions on a quarterly basis and accrues amounts for uncertain tax positions. Based on these reviews and the result of discussions and resolutions of matters with certain tax authorities and the closure of tax years subject to tax audit, reserves are adjusted as necessary. However, future results may include favorable or unfavorable adjustments to our estimated tax liabilities in the period the assessments are determined or resolved or as such statutes are closed. Due to potential for resolution of federal, state and foreign examinations, and the lapse of various statutes of limitation, it is reasonably possible our gross unrecognized tax benefits balance may decrease within the next twelve months by a range of zero to $1.7 million. Substantially all of this range relates to tax positions taken in Germany. We recognize interest and penalties related to uncertain tax positions as income tax expense. The following table summarizes information related to interest and penalties on uncertain tax positions: Three months ended In millions 2016 2015 Interest expense $ 0.1 $ 0.1 Penalties — — March 31 December 31 2016 2015 Accrued interest payable $ 0.7 $ 0.6

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	6. STOCK-BASED COMPENSATION The P. H. Glatfelter Amended and Restated Long Term Incentive Plan (the “LTIP”) provides for the issuance of Glatfelter common stock to eligible participants in the form of restricted stock units, restricted stock awards, non-qualified stock options, performance shares, incentive stock options and performance units. Pursuant to terms of the LTIP, we have issued to eligible participants restricted stock units, performance share awards and stock only stock appreciation rights. Restricted Stock Units (“RSU”) and Performance Share Awards (“PSAs”) The following table summarizes RSU and PSA activity during periods indicated: Units 2016 2015 Balance at January 1, 674,523 888,942 Granted 220,105 119,882 Cancelled/forfeited (116,640 ) (67,179 ) Shares delivered (126,914 ) (178,467 ) Balance at March 31, 651,074 763,178 The amount granted in 2016 and 2015 includes PSAs of 191,548 and 100,801 respectively, exclusive of reinvested dividends. The following table sets forth aggregate RSU and PSA compensation expense for the periods indicated: March 31 In thousands 2016 2015 Three months ended $ 467 $ 367 Stock Only Stock Appreciation Rights (“SOSARs”) The following table sets forth information related to outstanding SOSARS. 2016 2015 Shares Wtd Avg Shares Wtd Avg SOSARS Outstanding at January 1, 2,199,742 $ 17.82 1,864,707 $ 16.20 Granted 724,914 17.47 406,142 24.94 Exercised — — (58,343 ) 13.52 Canceled / forfeited (24,712 ) 26.90 — — Outstanding at March 31, 2,899,944 $ 17.65 2,212,506 $ 17.88 SOSAR Grants Weighted average grant date fair value per share $ 4.04 $ 7.54 Aggregate grant date fair value (in thousands) $ 2,919 $ 3,063 Black-Scholes assumptions Dividend yield 2.87 % 1.92 % Risk free rate of return 1.34 % 1.64 % Volatility 32.01 % 36.48 % Expected life 6 yrs 6 yrs The following table sets forth SOSAR compensation expense for the periods indicated: March 31 In thousands 2016 2015 Three months ended $ 732 $ 589

Retirement Plans and Other Post

Retirement Plans and Other Post-Retirement Benefits	3 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Retirement Plans and Other Post-Retirement Benefits	7. RETIREMENT PLANS AND OTHER POST-RETIREMENT BENEFITS The following tables provide information with respect to the net periodic costs of our pension and post retirement medical benefit plans. Three months ended In thousands 2016 2015 Pension Benefits Service cost $ 2,730 $ 3,136 Interest cost 6,087 5,950 Expected return on plan assets (11,386 ) (11,543 ) Amortization of prior service cost 674 760 Amortization of unrecognized loss 3,054 4,506 Net periodic benefit cost $ 1,159 $ 2,809 Other Benefits Service cost $ 323 $ 413 Interest cost 540 563 Amortization of prior service cost (45 ) (70 ) Amortization of unrecognized (gain)/loss (51 ) 100 Net periodic benefit cost $ 767 $ 1,006

Inventories

Inventories	3 Months Ended
	Mar. 31, 2016
Inventory Disclosure [Abstract]
Inventories	8. INVENTORIES Inventories, net of reserves, were as follows: March 31 December 31 In thousands 2016 2015 Raw materials $ 64,134 $ 60,098 In-process and finished 118,134 115,874 Supplies 73,235 71,242 Total $ 255,503 $ 247,214

Long-Term Debt

Long-Term Debt	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Long-Term Debt	LONG-TERM DEBT Long-term debt is summarized as follows: March 31 December 31 In thousands 2016 2015 Revolving credit facility, due Mar. 2020 $ 61,482 $ 58,792 5.375% Notes, due Oct. 2020 250,000 250,000 2.40% Term Loan, due Jun. 2022 10,166 10,109 2.05% Term Loan, due Mar. 2023 42,539 42,130 1.55% Term Loan, due Sep. 2025 2,969 2,839 Total long-term debt 367,156 363,870 Less current portion (7,704 ) (7,366 ) Unamortized deferred issuance costs (3,057 ) (3,208 ) Long-term debt, net of current portion $ 356,395 $ 353,296 The amount set forth for Long-term debt, net of current portion as of December 31, 2015, has been restated to retroactively adopt ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30) Simplifying the Presentation of Debt Issuance Costs On March 12, 2015, we amended our revolving credit agreement with a consortium of banks (the “Revolving Credit Facility”) which increased the amount available for borrowing to $400 million, extended the maturity of the facility to March 12, 2020, and instituted a revised interest rate pricing grid. For all US dollar denominated borrowings under the Revolving Credit Facility, the borrowing rate is, at our option, either, (a) the bank’s base rate which is equal to the greater of i) the prime rate; ii) the federal funds rate plus 50 basis points; or iii) the daily Euro-rate plus 100 basis points plus an applicable spread over either i), ii) or iii) ranging from 12.5 basis points to 100 basis points based on the Company’s leverage ratio and its corporate credit ratings determined by Standard & Poor’s Rating Services and Moody’s Investor Service, Inc. (the “Corporate Credit Rating”); or (b) the daily Euro-rate plus an applicable margin ranging from 112.5 basis points to 200 basis points based on the Company’s leverage ratio and the Corporate Credit Rating. For non-US dollar denominated borrowings, interest is based on (b) above. The Revolving Credit Facility contains a number of customary covenants for financings of this type that, among other things, restrict our ability to dispose of or create liens on assets, incur additional indebtedness, repay other indebtedness, limits certain intercompany financing arrangements, make acquisitions and engage in mergers or consolidations. We are also required to comply with specified financial tests and ratios including: i) maximum net debt to earnings before interest, taxes, depreciation and amortization (“EBITDA”) ratio (the “leverage ratio”); and ii) a consolidated EBITDA to interest expense ratio. The most restrictive of our covenants is a maximum leverage ratio of 3.5x. As of March 31, 2016, the leverage ratio, as calculated in accordance with the definition in our credit agreement, was 1.8x. A breach of these requirements would give rise to certain remedies under the Revolving Credit Facility, among which are the termination of the agreement and accelerated repayment of the outstanding borrowings plus accrued and unpaid interest under the credit facility. On October 3, 2012, we completed a private placement offering of $250.0 million aggregate principal amount of 5.375% Senior Notes due 2020 (the “5.375% Notes”). The 5.375% Notes, which are now publically registered, are fully and unconditionally guaranteed, jointly and severally, by PHG Tea Leaves, Inc., Mollanvick, Inc., Glatfelter Composite Fibers N. A., Inc., Glatfelter Advanced Materials N.A., LLC., and Glatfelter Holdings, LLC (the “Guarantors”). Interest on the 5.375% Notes is payable semiannually in arrears on April 15 and October 15. The 5.375% Notes are redeemable, in whole or in part, at anytime on or after October 15, 2016 at the redemption prices specified in the applicable Indenture. Prior to October 15, 2016, we may redeem some or all of the Notes at a “make-whole” premium as specified in the Indenture. These Notes and the guarantees of the notes are senior obligations of the Company and the Guarantors, respectively, rank equally in right of payment with future senior indebtedness of the Company and the Guarantors and will mature on October 15, 2020. The 5.375% Notes contain various covenants customary to indebtedness of this nature including limitations on i) the amount of indebtedness that may be incurred; ii) certain restricted payments including common stock dividends; iii) distributions from certain subsidiaries; iv) sales of assets; v) transactions amongst subsidiaries; and vi) incurrence of liens on assets. In addition, the 5.375% Notes contain cross default provisions that could result in all such notes becoming due and payable in the event of a failure to repay debt outstanding under the Revolving Credit Agreement at maturity or a default under the Revolving Credit Agreement that accelerates the debt outstanding thereunder. As of March 31, 2016, we met all of the requirements of our debt covenants. Glatfelter Gernsbach GmbH & Co. KG (“Gernsbach”), a wholly-owned subsidiary of ours, entered into a series of borrowing agreements with IKB Deutsche Industriebank AG, Düsseldorf (“IKB”) as summarized below: Amounts in thousands Original Interest Rate Maturity Borrowing date Apr. 11, 2013 € 42,700 2.05 % Mar. 2023 Sep. 4, 2014 10,000 2.40 % Jun. 2022 Oct. 10, 2015 2,608 1.55 % Sep. 2025 Each of the borrowings require quarterly repayments of principal and interest and provide for representations, warranties and covenants customary for financings of these types. The financial covenants contained in each of the IKB loans, which relate to the minimum ratio of consolidated EBITDA to consolidated interest expense and the maximum ratio of consolidated total net debt to consolidated adjusted EBITDA, are calculated by reference to our Revolving Credit Agreement. P. H. Glatfelter Company guarantees all debt obligations of its subsidiaries. All such obligations are recorded in these condensed consolidated financial statements. Letters of credit issued to us by certain financial institutions totaled $5.1 million and $5.3 million as of March 31, 2016 and December 31, 2015, respectively. The letters of credit, which reduce amounts available under our revolving credit facility, primarily provide financial assurances for the benefit of certain state workers compensation insurance agencies in conjunction with our self-insurance program. We bear the credit risk on this amount to the extent that we do not comply with the provisions of certain agreements. No amounts are outstanding under the letters of credit.

Asset Retirement Obligation

Asset Retirement Obligation	3 Months Ended
	Mar. 31, 2016
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation	10. ASSET RETIREMENT OBLIGATION During 2008, we recorded $11.5 million, net present value, of asset retirement obligations related to the legal requirement to close several lagoons at the Spring Grove, PA facility. Historically, lagoons were used to dispose of residual waste material. Closure of the lagoons is expected to be completed in 2016 and has primarily been accomplished by filling the lagoons, installing a non-permeable liner which will be covered with soil to construct the required cap over the lagoons. The retirement obligation was accrued with a corresponding increase in the carrying value of the property, equipment and timberlands caption on the condensed consolidated balance sheet. The amount capitalized is being amortized as a charge to operations on the straight-line basis in relation to the expected closure period. Following is a summary of activity recorded during the first three months of 2016 and 2015: In thousands 2016 2015 Balance at January 1, $ 419 $ 4,114 Accretion — 29 Payments — (419 ) Gain — (107 ) Balance at March 31, $ 419 $ 3,617 The amount set forth above as of March 31, 2016, is recorded in other current liabilities in the accompanying condensed consolidated balance sheet.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	11. FAIR VALUE OF FINANCIAL INSTRUMENTS The amounts reported on the condensed consolidated balance sheets for cash and cash equivalents, accounts receivable and accounts payable approximate fair value. The following table sets forth carrying value and fair value of long-term debt: March 31, 2016 December 31, 2015 In thousands Carrying Fair Value Carrying Fair Value Variable rate debt $ 61,482 $ 61,482 $ 58,792 $ 58,792 Fixed-rate bonds 250,000 248,438 250,000 250,938 2.40% Term loan 10,166 9,911 10,109 10,535 2.05% Term loan 42,539 40,483 42,130 42,886 1.55% Term loan 2,969 2,496 2,839 2,524 Total $ 367,156 $ 362,810 $ 363,870 $ 365,675 As of March 31, 2016, and December 31, 2015, we had $250.0 million of 5.375% fixed rate bonds. These bonds are publicly registered, but thinly traded. Accordingly, the values set forth above for the bonds, as well as our other debt instruments, are based on observable inputs and other relevant market data (Level 2). The fair value of financial derivatives is set forth below in Note 12.

Financial Derivatives and Hedgi

Financial Derivatives and Hedging Activities	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Derivatives and Hedging Activities	12. FINANCIAL DERIVATIVES AND HEDGING ACTIVITIES As part of our overall risk management practices, we enter into financial derivatives primarily designed to either i) hedge foreign currency risks associated with forecasted transactions – “cash flow hedges”; or ii) mitigate the impact that changes in currency exchange rates have on intercompany financing transactions and foreign currency denominated receivables and payables – “foreign currency hedges.” Derivatives Designated as Hedging Instruments - Cash Flow Hedges We designate certain currency forward contracts as cash flow hedges of forecasted raw material purchases, certain production costs or capital expenditures with exposure to changes in foreign currency exchange rates. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges of foreign exchange risk is deferred as a component of accumulated other comprehensive income in the accompanying condensed consolidated balance sheets. With respect to hedges of forecasted raw material purchases or production costs, the amount deferred is subsequently reclassified into costs of products sold in the period that inventory produced using the hedged transaction affects earnings. For hedged capital expenditures, deferred gains or losses are reclassified and included in the historical cost of the capital asset and subsequently affect earnings as depreciation is recognized. The ineffective portion of the change in fair value of the derivative is recognized directly to earnings and reflected in the accompanying condensed consolidated statements of income as non-operating income (expense) under the caption “Other, net.” We had the following outstanding derivatives that were used to hedge foreign exchange risks associated with forecasted transactions and designated as hedging instruments: In thousands March 31 2016 December 31 Derivative Sell/Buy - sell notional Euro / British Pound 11,370 10,527 Sell/Buy - buy notional Euro / Philippine Peso 849,340 758,634 British Pound / Philippine Peso 592,719 542,063 Euro / U.S. Dollar 45,323 51,433 U.S. Dollar / Canadian Dollar 35,056 34,649 U.S. Dollar / Euro 23,580 — These contracts have maturities of twenty-eight months or less. Derivatives Not Designated as Hedging Instruments - Foreign Currency Hedges The following sets forth derivatives used to mitigate the impact changes in currency exchange rates have on balance sheet monetary assets and liabilities: In thousands March 31 2016 December 31 Derivative Sell/Buy - sell notional U.S. Dollar / British Pound 7,000 10,000 British Pound / Euro 3,500 3,500 Sell/Buy - buy notional Euro / U.S. Dollar 7,500 12,500 British Pound / Euro 10,500 13,500 These contracts have maturities of one month from the date originally entered into. Fair Value Measurements In thousands March 31 2016 December 31 March 31 2016 December 31 Prepaid Expenses and Other Balance sheet caption Current Assets Current Liabilities Designated as hedging: Forward foreign currency exchange contracts $ 1,160 $ 955 $ 1,416 $ 1,545 Not designated as hedging: Forward foreign currency exchange contracts $ 92 $ 68 $ — $ 49 The amounts set forth in the table above represent the net asset or liability giving effect to rights of offset with each counterparty. The effect of netting the amounts presented above did not have a material effect on our consolidated financial position. The following table summarizes the amount of income or (loss) from derivative instruments recognized in our results of operations for the periods indicated and the line items in the accompanying condensed consolidated statements of income where the results are recorded: Three months ended In thousands 2016 2015 Designated as hedging: Forward foreign currency exchange contracts: Effective portion – cost of products sold $ 298 $ 873 Ineffective portion – other – net (403 ) 350 Not designated as hedging Forward foreign currency exchange contracts: Other – net $ 589 $ 720 The impact of activity not designated as hedging was substantially all offset by the remeasurement of the underlying on-balance-sheet item. The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The fair values of the foreign exchange forward contracts are considered to be Level 2. Foreign currency forward contracts are valued using foreign currency forward and interest rate curves. The fair value of each contract is determined by comparing the contract rate to the forward rate and discounting to present value. Contracts in a gain position are recorded in the condensed consolidated balance sheets under the caption “Prepaid expenses and other current assets” and the value of contracts in a loss position is recorded under the caption “Other current liabilities.” A rollforward of fair value amounts recorded as a component of accumulated other comprehensive income (loss) is as follows: In thousands 2016 2015 Balance at January 1, $ (178 ) $ 3,282 Deferred gains on cash flow hedges 307 4,703 Reclassified to earnings (298 ) (873 ) Balance at March 31, $ (169 ) $ 7,112 We expect substantially all of the amounts recorded as a component of accumulated other comprehensive income will be recorded as a component of the capital asset or realized in results of operations within the next twelve to twenty-eight months and the amount ultimately recognized will vary depending on actual market rates. Credit risk related to derivative activity arises in the event the counterparty fails to meet its obligations to us. This exposure is generally limited to the amounts, if any, by which the counterparty’s obligations exceed our obligation to them. Our policy is to enter into contracts only with financial institutions which meet certain minimum credit ratings.

Commitments, Contingencies and

Commitments, Contingencies and Legal Proceedings	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Legal Proceedings	COMMITMENTS, CONTINGENCIES AND LEGAL PROCEEDINGS Fox River - Neenah, Wisconsin Background . The United States notified the following parties (“PRPs”) of their potential responsibility to implement response actions, to pay response costs, and to compensate for NRDs at this site: us, Appvion, Inc. (formerly known as Appleton Papers Inc.), CBC Coating, Inc. (formerly known as Riverside Paper Corporation), Georgia-Pacific Consumer Products, L.P. (“Georgia-Pacific”, formerly known as Fort James Operating Company), Menasha Corporation, NCR Corporation (“NCR”), U.S. Paper Mills Corp., and WTM I Company. As described below, many other parties have been joined in litigation. After giving effect to settlements reached with the Governments, the remaining PRPs exposed to continuing obligations to implement the remainder of the cleanup consist of us, Georgia-Pacific and NCR. The Site has been subject to certain studies and the parties conducted certain demonstration projects and completed certain interim cleanups. The permanent cleanup, known as a “remedial action” under the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA” or “Superfund”), consists of sediment dredging, installation of engineered caps, and placement of sand covers in various areas in the bed of the river. The United States Environmental Protection Agency (“EPA”) has divided the Site into five “operable units”, including the most upstream portion of the Site on which our facility was located (“OU1”) and four downstream reaches of the river and bay (“OU2-5”). We and WTM I Company implemented the remedial action in OU1 under a consent decree with the Governments; Menasha Corporation made a financial contribution to that work. That project began in 2004 and the work is complete other than on-going monitoring and maintenance. For OU2-5, work has proceeded primarily under a Unilateral Administrative Order (“UAO”) issued in November 2007 by the EPA to us and seven other respondents. The remedial actions from 2007 through 2014 were funded primarily by NCR and its indemnitors, including Appvion, Inc. In 2015, we placed certain covering and capping in OU4b as a response to the Government’s demands at a cost of $9.7 million. Georgia Pacific and NCR funded work in 2015 pursuant to a proposed consent decree that the United States did not move to enter until April 12, 2016; the court has not yet ruled on that motion. Work is scheduled to continue in OU2-5 through 2018, with monitoring and maintenance to follow. As more fully discussed below, significant uncertainties exist pertaining to the ultimate allocation of OU2-5 remediation costs as well as the shorter term funding of the remedial actions for OU2-5. Cost estimates. In 2016, the Governments again seek approximately $100 million of work to be completed in OU2-5. The exact work and a more precise estimate of its cost depend on certain unresolved technical issues. We have begun an effort to place the final layer on certain caps. We do not yet know whether we will undertake additional work in 2016 however, we expect to spend less than $10 million. As the result of a partial settlement, Georgia-Pacific has no obligation to pay for work upstream of a line near Georgia-Pacific’s Green Bay West Mill located in OU4. We believe substantially all in-water work upstream of this line had been completed as of the end of the 2014 dredging season. Allocation Litigation. All parties appealed the Whiting Litigation judgment to the United States Court of Appeals for the Seventh Circuit. On September 25, 2014, that court affirmed, holding that if knowledge and fault were the only equitable factors governing allocation of costs and NRDs at the Site, NCR would owe 100% of all costs and damages in OU2-5, but would not have a share of costs in OU1 — which is upstream of the outfall of the facilities for which NCR is responsible — solely as an “arranger for disposal” of PCB-containing waste paper by recycling it at our mill. However, the court of appeals vacated the judgment and remanded the case for the district court’s further consideration of whether any other equitable factors might cause the district court to alter its allocation. We contend the district court should, after further consideration, reinstate the 100%, or some similar very high, allocation to NCR of all the costs, and should hold that we should bear no share or a very small share. However, NCR has taken a contrary position and has sought contributions from others for future work until all allocation issues are resolved. In addition, we take the position that the “single site” theory on which the courts held us responsible for cleaning up parts of the Site far downstream of our former mill should, if applied to NCR, make it liable for costs incurred in OU1. The district court agreed with us in an order dated March 3, 2015. On March 31, 2015, NCR sought review of that order by the court of appeals which review was denied on May 1, 2015. Appvion and NCR have had a cost-sharing agreement since at least 1998. The court of appeals held if Appvion incurred any recoverable costs because the Governments had named Appvion as a potentially responsible party, then Appvion may have a right to recover those costs under CERCLA. We and Appvion disagree over the proper treatment of amounts that Appvion incurred while a PRP that were also subject to a cost-sharing agreement with NCR; we contend Appvion may not recover costs it was contractually obligated to incur, that it has no other costs, and if it did, we would have a right to contribution of any recovery against NCR and others. However, Appvion takes a contrary position and claims approximately $200 million. The district court has established a schedule for the Whiting Litigation under which it would hold a trial beginning in March 2017 on remaining issues. Enforcement Litigation. All other potentially responsible parties, including the United States and the State of Wisconsin, have settled with the Governments. As a result, the remaining defendants consist of us, NCR, and Georgia-Pacific. We appealed the injunction to the United States Court of Appeals for the Seventh Circuit, as did NCR, WTM I, and Menasha. On September 25, 2014, the court of appeals decided our and NCR’s appeals; the others’ appeals were not decided because they entered into a settlement. The court of appeals vacated the injunction as to us and NCR. However, it affirmed the district court’s ruling that we are liable for response actions in OU2-5 and for complying with the UAO. The court of appeals vacated and remanded the district court’s decision that NCR had failed to prove that liability for OU2-5 could be apportioned, directing the lower court to consider issues it had not considered initially. On remand, the district court issued an opinion on October 19, 2015, holding that NCR had not shown a reasonable basis for apportionment of its liability for the site. On January 25, 2016, the court denied NCR’s request to certify that decision for immediate appeal. As described below, the United States has withdrawn its natural resources damages claim against us. The Governments’ remaining claims principally consist of claims for unreimbursed costs. We do not know the full extent of those claimed costs. The remaining issues in the Government Action are set for trial to commence three days after conclusion of the 2017 trial in the Whiting Litigation. Interim Funding of Ongoing Work. The 2016 Work Plan similarly calls for completion of work that is estimated to cost in the range of $100 million. However, unlike the 2015 Work Plan, it does not allocate the work among NCR, GP, and us. The parties have again not come to agreement on an interim allocation among them of responsibility for completing the work called for by the 2016 Work Plan. NCR and GP have begun certain work. Because we may not be able to obtain an agreement with the other parties or a ruling in litigation defining our obligation to contribute to work in 2016 prior to the time that work would have to be implemented, it is conceivable that we may have to choose an amount of work that we believe satisfies any obligation we may have to complete work in 2016, which selection we will have to defend after the fact. We expect to spend less than $10 million in connection with the 2016 Work Plan. In addition it is conceivable we may be in the same position with respect to work in OU2-5 beyond the 2016 season. Although we are unable to determine with any degree of certainty the amount we may be required to complete or to fund, those amounts could be significant. Any amounts we pay or any other party pays in the interim may be subject to reallocation when the Whiting Litigation is resolved. NRDs. However, on October 14, 2014, the Governments represented to the district court that if certain settlements providing $45.9 million toward compensation of NRDs were approved, the total NRD recovery would amount to $105 million. The Governments stated they would consider those recoveries adequate and they would withdraw their claims against us and NCR for additional compensation of NRDs. On October 19, 2015, the district court granted the Governments leave to withdraw their NRD claims against us without prejudice to re-filing them at some later time. Some of the settling parties, including all of the settling parties contributing the $45.9 million, have waived their rights to seek contribution from us of the settlement amounts. We previously paid a portion of the earlier settlements that the Governments value at $59 million and that we contend may be somewhat more. Reserves for the Site. Three months ended In thousands 2016 2015 Balance at January 1, $ 17,105 $ 16,223 Payments (658 ) (16 ) Accruals — — Balance at March 31, $ 16,447 $ 16,207 The payments set forth above represent cash paid towards completion of remediation activities in connection with the 2015 Work Plan. Our reserve as of March 31, 2016 includes our estimate of costs to be incurred for remediation work, pending clarity from the Whiting litigation. If we are unsuccessful in the allocation litigation or in the enforcement litigation described above, we may be required to record additional charges and such charges could be significant. Of our total reserve for the Fox River, $11.9 million is recorded in the accompanying March 31, 2016 condensed consolidated balance sheet under the caption “Environmental liabilities” and the remainder is recorded under the caption “Other long term liabilities.” As described above, the appellate court vacated and remanded for reconsideration the district court’s ruling in the Whiting Litigation that NCR would bear 100% of costs for the downstream portion of the Site. We continue to believe we will not be allocated a significant share of liability in any final equitable allocation of the response costs for OU2-5 or for NRDs. The accompanying condensed consolidated financial statements do not include reserves for any future defense costs, which could be significant, related to our involvement at the Site. In setting our reserve for the Site, we have assessed our legal defenses, including our successful defenses to the allegations made in the Whiting Litigation and the original determination in the Whiting Litigation that NCR owes us “full contribution” for response costs and for NRDs that we may become obligated to pay except in OU1. We assume we will not bear the entire cost of remediation or damages to the exclusion of other known parties at the Site, who are also jointly and severally liable. The existence and ability of other parties to participate has also been taken into account in setting our reserve, and setting our reserve is generally based on our evaluation of recent publicly available financial information on certain of the responsible parties and any known insurance, indemnity or cost sharing agreements between responsible parties and third parties. In addition, we have considered the magnitude, nature, location and circumstances associated with the various discharges of PCBs to the river and the relationship of those discharges to identified contamination. We will continue to evaluate our exposure and the level of our reserves associated with the Site. Other Information. Based upon the rulings in the Whiting Litigation and the Government Action, neither of which endorsed an equitable allocation in proportion to the mass of PCBs discharged, we continue to believe an allocation in proportion to mass of PCBs discharged would not constitute an equitable allocation of the potential liability for the contamination at the Fox River. We contend other factors, such as a party’s role in causing costs, the location of discharge, and the location of contamination must be considered in order for the allocation to be equitable. Range of Reasonably Possible Outcomes. We expect remediation costs to be incurred primarily over the next two to three years, although we are unable to determine with any degree of certainty the amount we may be required to fund for interim remediation work. To the extent we provide such interim funding, we contend that NCR or another party would be required to reimburse us once the final allocation is determined. Summary.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Information	14. SEGMENT INFORMATION The following tables set forth financial and other information by business unit for the period indicated: Three months ended March 31 Dollars in millions Composite Fibers Advanced Airlaid Specialty Papers Other and Total 2016 2015 2016 2015 2016 2015 2016 2015 2016 2015 Net sales $ 123.5 $ 135.3 $ 60.8 $ 62.3 $ 217.9 $ 219.9 $ — $ — $ 402.2 $ 417.5 Energy and related sales, net — — — — 0.7 2.1 — — 0.7 2.1 Total revenue 123.5 135.3 60.8 62.3 218.6 222.0 — — 402.9 419.5 Cost of products sold 101.2 109.0 52.2 55.1 191.1 200.4 0.5 2.9 345.0 367.4 Gross profit (loss) 22.3 26.3 8.6 7.2 27.5 21.6 (0.5 ) (2.9 ) 57.8 52.1 SG&A 11.1 11.6 2.0 1.9 12.5 12.1 6.3 5.6 31.9 31.3 Gains on dispositions of plant, equipment and timberlands, net — — — — — — — (2.7 ) — (2.7 ) Total operating income (loss) 11.2 14.7 6.6 5.3 15.0 9.5 (6.8 ) (5.8 ) 26.0 23.5 Non-operating expense — — — — — — (4.7 ) (4.6 ) (4.7 ) (4.6 ) Income (loss) before income taxes $ 11.2 $ 14.7 $ 6.6 $ 5.3 $ 15.0 $ 9.5 $ (11.5 ) $ (10.4 ) $ 21.2 $ 18.9 Supplementary Data Net tons sold (thousands) 36.9 38.0 24.5 24.1 205.8 198.7 — — 267.2 260.7 Depreciation, depletion and amortization $ 7.1 $ 6.7 $ 2.3 $ 2.2 $ 6.7 $ 6.6 $ 0.5 $ 0.5 $ 16.6 $ 16.0 Capital expenditures 6.3 5.9 14.7 1.3 22.0 13.2 0.3 1.3 43.3 21.7 The sum of individual amounts set forth above may not agree to the consolidated financial statements included herein due to rounding. Business Units Management evaluates results of operations of the business units before pension expense, certain corporate level costs, and the effects of certain gains or losses not considered to be related to the core business operations. Management believes that this is a more meaningful representation of the operating performance of its core businesses, the profitability of business units and the extent of cash flow generated from these core operations. Such amounts are presented under the caption “Other and Unallocated.” In the evaluation of business unit results, management does not use any measures of total assets. This presentation is aligned with the management and operating structure of our company. It is also on this basis that the Company’s performance is evaluated internally and by the Company’s Board of Directors.

Condensed Consolidating Financi

Condensed Consolidating Financial Statements	3 Months Ended
	Mar. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Financial Statements	CONDENSED CONSOLIDATING FINANCIAL STATEMENTS Our 5.375% Notes issued by P. H. Glatfelter Company (the “Parent”) are fully and unconditionally guaranteed, on a joint and several basis, by certain of our 100%-owned domestic subsidiaries, PHG Tea Leaves, Inc., Mollanvick, Inc., Glatfelter Composite Fibers N. A., Inc. (“CFNA”), Glatfelter Advance Materials N.A., Inc. (“GAMNA”), and Glatfelter Holdings, LLC. The guarantees are subject to certain customary release provisions including i) the designation of such subsidiary as an unrestricted or excluded subsidiary; (ii) in connection with any sale or disposition of the capital stock of the subsidiary guarantor; and (iii) upon our exercise of our legal defeasance option or our covenant defeasance option, all of which are more fully described in the Indenture dated as of October 3, 2012 and the First Supplemental Indenture dated as of October 27, 2015, among us, the Guarantors and US Bank National Association, as Trustee, relating to the 5.375% Notes. The following presents our condensed consolidating statements of income, including comprehensive income and cash flows for the three months ended March 31, 2016 and 2015 and our condensed consolidating balance sheets as of March 31, 2016 and December 31, 2015. The condensed consolidating financial statements set forth below include the addition of CFNA and GAMNA as guarantors during 2015 and all prior periods have been restated to retroactively reflect this change. Condensed Consolidating Statement of Income for the Three months ended March 31, 2016 In thousands Parent Guarantors Non Adjustments/ Consolidated Net sales $ 217,888 $ 18,646 $ 184,466 $ (18,782 ) $ 402,218 Energy and related sales, net 666 — — — 666 Total revenues 218,554 18,646 184,466 (18,782 ) 402,884 Costs of products sold 191,959 18,050 153,814 (18,782 ) 345,041 Gross profit 26,595 596 30,652 — 57,843 Selling, general and administrative expenses 18,445 (185 ) 13,598 — 31,858 Loss on dispositions of plant, equipment and timberlands, net 2 — 22 — 24 Operating income 8,148 781 17,032 — 25,961 Other non-operating income (expense) Interest expense (4,415 ) — (787 ) 1,086 (4,116 ) Interest income 181 992 4 (1,086 ) 91 Equity in earnings of subsidiaries 12,872 11,754 — (24,626 ) — Other, net (542 ) 20 (178 ) — (700 ) Total other non-operating income (expense) 8,096 12,766 (961 ) (24,626 ) (4,725 ) Income before income taxes 16,244 13,547 16,071 (24,626 ) 21,236 Income tax provision 76 675 4,317 — 5,068 Net income 16,168 12,872 11,754 (24,626 ) 16,168 Other comprehensive income 15,742 13,553 13,117 (26,670 ) 15,742 Comprehensive income $ 31,910 $ 26,425 $ 24,871 $ (51,296 ) $ 31,910 Condensed Consolidating Statement of Income for the Three months ended March 31, 2015 In thousands Parent Guarantors Non Adjustments/ Consolidated Net sales $ 219,876 $ 20,150 $ 198,098 $ (20,655 ) $ 417,469 Energy and related sales, net 2,068 — — — 2,068 Total revenues 221,944 20,150 198,098 (20,655 ) 419,537 Costs of products sold 203,682 19,334 165,068 (20,655 ) 367,429 Gross profit 18,262 816 33,030 — 52,108 Selling, general and administrative expenses 17,182 497 13,593 — 31,272 Gains on dispositions of plant, equipment and timberlands, net (1,471 ) (1,183 ) — — (2,654 ) Operating income 2,551 1,502 19,437 — 23,490 Other non-operating income (expense) Interest expense (4,817 ) — (6,394 ) 6,703 (4,508 ) Interest income 163 6,599 5 (6,702 ) 65 Equity in earnings of subsidiaries 17,084 10,194 — (27,278 ) — Other, net (715 ) (130 ) 659 (1 ) (187 ) Total other non-operating income (expense) 11,715 16,663 (5,730 ) (27,278 ) (4,630 ) Income before income taxes 14,266 18,165 13,707 (27,278 ) 18,860 Income tax provision 341 1,081 3,513 — 4,935 Net income 13,925 17,084 10,194 (27,278 ) 13,925 Other comprehensive income (loss) (35,285 ) (38,550 ) 38,848 (298 ) (35,285 ) Comprehensive income (loss) $ (21,360 ) $ (21,466 ) $ 49,042 $ (27,576 ) $ (21,360 ) Condensed Consolidating Balance Sheet as of March 31, 2016 In thousands Parent Guarantors Non Guarantors Adjustments/ Consolidated Assets Cash and cash equivalents $ 29,155 $ 5,995 $ 35,112 $ — $ 70,262 Other current assets 199,170 247,480 257,534 (245,790 ) 458,394 Plant, equipment and timberlands, net 305,347 14,782 415,794 — 735,923 Investments in subsidiaries 780,955 532,528 — (1,313,483 ) — Other assets 109,815 — 147,046 — 256,861 Total assets $ 1,424,442 $ 800,785 $ 855,486 $ (1,559,273 ) $ 1,521,440 Liabilities and Shareholders’ Equity Current liabilities $ 369,019 $ 19,391 $ 146,722 $ (245,789 ) $ 289,343 Long-term debt 247,228 — 109,167 — 356,395 Deferred income taxes 31,118 125 50,397 — 81,640 Other long-term liabilities 86,905 314 16,672 — 103,891 Total liabilities 734,270 19,830 322,958 (245,789 ) 831,269 Shareholders’ equity 690,172 780,955 532,528 (1,313,484 ) 690,171 Total liabilities and shareholders’ equity $ 1,424,442 $ 800,785 $ 855,486 $ (1,559,273 ) $ 1,521,440 Condensed Consolidating Balance Sheet as of December 31, 2015 In thousands Parent Guarantors Non Guarantors Adjustments/ Consolidated Assets Cash and cash equivalents $ 59,130 $ 465 $ 45,709 $ — $ 105,304 Other current assets 199,690 238,515 239,367 (230,509 ) 447,063 Plant, equipment and timberlands, net 286,334 1,114 411,416 — 698,864 Investments in subsidiaries 737,450 507,116 — (1,244,566 ) — Other assets 106,586 — 142,599 — 249,185 Total assets $ 1,389,190 $ 747,210 $ 839,091 $ (1,475,075 ) $ 1,500,416 Liabilities and Shareholders’ Equity Current liabilities $ 363,037 $ 9,725 $ 162,081 $ (230,523 ) $ 304,320 Long-term debt 247,075 — 106,221 — 353,296 Deferred income taxes 28,561 (79 ) 47,976 — 76,458 Other long-term liabilities 87,270 — 15,825 — 103,095 Total liabilities 725,943 9,646 332,103 (230,523 ) 837,169 Shareholders’ equity 663,247 737,564 506,988 (1,244,552 ) 663,247 Total liabilities and shareholders’ equity $ 1,389,190 $ 747,210 $ 839,091 $ (1,475,075 ) $ 1,500,416 Condensed Consolidating Statement of Cash Flows for the Three months ended March 31, 2016 In thousands Parent Guarantors Non Adjustments/ Consolidated Net cash provided (used) by Operating activities $ 10,563 $ (74 ) $ 952 $ — $ 11,441 Investing activities Expenditures for purchases of plant, equipment and timberlands (22,297 ) (13,686 ) (7,311 ) — (43,294 ) Proceeds from disposal plant, equipment and timberlands, net 21 — 12 — 33 Repayments from intercompany loans — 4,000 — (4,000 ) — Advances of intercompany loans — (3,210 ) — 3,210 — Intercompany capital contributed (17,000 ) (500 ) — 17,500 — Other (300 ) — — — (300 ) Total investing activities (39,576 ) (13,396 ) (7,299 ) 16,710 (43,561 ) Financing activities Net repayments of indebtedness — — (1,926 ) — (1,926 ) Payments of borrowing costs (51 ) — — — (51 ) Payment of dividends to shareholders (5,231 ) — — — (5,231 ) Repayments of intercompany loans — — (4,000 ) 4,000 — Borrowings of intercompany loans 3,210 — — (3,210 ) — Intercompany capital (returned) received — 17,000 500 (17,500 ) — Proceeds from government grants 1,861 2,000 — — 3,861 Payments related to share-based compensation awards and other (751 ) — — — (751 ) Total financing activities (962 ) 19,000 (5,426 ) (16,710 ) (4,098 ) Effect of exchange rate on cash — — 1,176 — 1,176 Net increase (decrease) in cash (29,975 ) 5,530 (10,597 ) — (35,042 ) Cash at the beginning of period 59,130 465 45,709 — 105,304 Cash at the end of period $ 29,155 $ 5,995 $ 35,112 $ — $ 70,262 Condensed Consolidating Statement of Cash Flows for the Three months ended March 31, 2015 In thousands Parent Guarantors Non Adjustments/ Consolidated Net cash provided (used) by Operating activities $ (975 ) $ (3 ) $ 3,133 $ — $ 2,155 Investing activities Expenditures for purchases of plant, equipment and timberlands (14,513 ) — (7,236 ) — (21,749 ) Proceeds from disposal plant, equipment and timberlands, net 1,513 1,213 — — 2,726 Repayments from intercompany loans — 31,556 — (31,556 ) — Advances of intercompany loans — (30,690 ) — 30,690 — Other (1,600 ) — — — (1,600 ) Total investing activities (14,600 ) 2,079 (7,236 ) (866 ) (20,623 ) Financing activities Payments of borrowing costs (1,008 ) — — — (1,008 ) Payment of dividends to shareholders (4,774 ) — — — (4,774 ) Repayments of intercompany loans — — (31,556 ) 31,556 — Borrowings of intercompany loans 30,690 — — (30,690 ) — Payments related to share-based compensation awards and other (1,408 ) — — — (1,408 ) Total financing activities 23,500 — (31,556 ) 866 (7,190 ) Effect of exchange rate on cash — — (2,609 ) — (2,609 ) Net increase (decrease) in cash 7,925 2,076 (38,268 ) — (28,267 ) Cash at the beginning of period 42,208 509 57,120 — 99,837 Cash at the end of period $ 50,133 $ 2,585 $ 18,852 $ — $ 71,570

Accounting Policies (Policies)

Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation We prepared these financial statements in accordance with accounting principles generally accepted in the United States of America (“generally accepted accounting principles” or “GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission pertaining to interim financial statements. In our opinion, the financial statements reflect all normal, recurring adjustments needed to present fairly our results for the interim periods. When preparing these financial statements, we have assumed that you have read the audited consolidated financial statements included in our 2015 Annual Report on Form 10-K.
Accounting Estimates	Accounting Estimates
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09, Compensation – Stock Compensation (Topic 718) Improvements to Employee Share-Based Payment A ccounting In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers
Unamortized Debt Issuance Costs	The amount set forth for Long-term debt, net of current portion as of December 31, 2015, has been restated to retroactively adopt ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30) Simplifying the Presentation of Debt Issuance Costs

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Details of Basic and Diluted Earnings Per Share (EPS)	The following table sets forth the details of basic and diluted earnings per share (“EPS”): Three months ended In thousands, except per share 2016 2015 Net income $ 16,168 $ 13,925 Weighted average common shares outstanding used in basic EPS 43,521 43,252 Common shares issuable upon exercise of dilutive stock options and PSAs / RSUs 350 697 Weighted average common shares outstanding and common share equivalents used in diluted EPS 43,871 43,949 Earnings per share Basic $ 0.37 $ 0.32 Diluted 0.37 0.32
Number of Potential Common Shares that have been Excluded from Computation of Diluted Earnings Per Share for Indicated Period Due to Their Anti-Dilutive Nature	The following table sets forth potential common shares outstanding for stock options and restricted stock units that were not included in the computation of diluted EPS for the period indicated, because their effect would be anti-dilutive: March 31 In thousands 2016 2015 Three months ended 1,694 690

Accumulated Other Comprehensi24

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Income (Losses)	The following table sets forth details of the changes in accumulated other comprehensive income (losses) for the three months ended March 31, 2016 and 2015. in thousands Currency Unrealized gain Change in Change in other Total Balance at January 1, 2016 $ (73,041 ) $ (225 ) $ (120,714 ) $ 3,494 $ (190,486 ) Other comprehensive income before reclassifications (net of tax) 13,419 252 — — 13,671 Amounts reclassified from accumulated other comprehensive income (net of tax) — (186 ) 2,315 (58 ) 2,071 Net current period other comprehensive income (loss) 13,419 66 2,315 (58 ) 15,742 Balance at March 31, 2016 $ (59,622 ) $ (159 ) $ (118,399 ) $ 3,436 $ (174,744 ) Balance at January 1, 2015 $ (34,224 ) $ 2,356 $ (120,260 ) $ (2,742 ) $ (154,870 ) Other comprehensive income before reclassifications (net of tax) (41,337 ) 3,394 — — (37,943 ) Amounts reclassified from accumulated other comprehensive income (net of tax) — (628 ) 3,266 20 2,658 Net current period other comprehensive income (loss) (41,337 ) 2,766 3,266 20 (35,285 ) Balance at March 31, 2015 $ (75,561 ) $ 5,122 $ (116,994 ) $ (2,722 ) $ (190,155 )
Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income	Reclassifications out of accumulated other comprehensive income were as follows: Three months ended In thousands 2016 2015 Description Line Item in Statements of Income Cash flow hedges (Note 12) Gains on cash flow hedges $ (298 ) $ (873 ) Costs of products sold Tax expense 112 245 Income tax provision Net of tax (186 ) (628 ) Retirement plan obligations (Note 7) Amortization of deferred benefit pension plan items Prior service costs 503 567 Costs of products sold 171 193 Selling, general and administrative Actuarial losses 2,281 3,366 Costs of products sold 773 1,140 Selling, general and administrative 3,728 5,266 Tax benefit (1,413 ) (2,000 ) Income tax provision Net of tax 2,315 3,266 Amortization of deferred benefit other plan items Prior service costs (37 ) (57 ) Costs of products sold (8 ) (13 ) Selling, general and administrative Actuarial losses (42 ) 82 Costs of products sold (9 ) 18 Selling, general and administrative (96 ) 30 Tax provision (benefit) 38 (10 ) Income tax provision Net of tax (58 ) 20 Total reclassifications, net of tax $ 2,071 $ 2,658

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Summary of Tax Years that Remain Subject to Examination by Major Jurisdiction	The following table summarizes, by major jurisdiction, tax years that remain subject to examination: Open Tax Years Jurisdiction Examinations Examination United States Federal 2013 - 2015 N/A State 2011 - 2015 2011 - 2014 Canada (1) 2010 - 2015 N/A Germany (1) 2012 - 2015 2007 - 2011 France 2013 - 2015 2011 - 2012 United Kingdom 2014 - 2015 N/A Philippines 2012, 2015 2013, 2014 (1) includes provincial or similar local jurisdictions, as applicable
Summary of Information Related to Interest and Penalties on Uncertain Tax Positions	The following table summarizes information related to interest and penalties on uncertain tax positions: Three months ended In millions 2016 2015 Interest expense $ 0.1 $ 0.1 Penalties — — March 31 December 31 2016 2015 Accrued interest payable $ 0.7 $ 0.6

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Restricted Stock Units (RSU) and Performance Share Awards (PSAs) [Member]
Summary of Stock Option Activity	The following table summarizes RSU and PSA activity during periods indicated: Units 2016 2015 Balance at January 1, 674,523 888,942 Granted 220,105 119,882 Cancelled/forfeited (116,640 ) (67,179 ) Shares delivered (126,914 ) (178,467 ) Balance at March 31, 651,074 763,178
Compensation Expense for Stock Option Activity	The following table sets forth aggregate RSU and PSA compensation expense for the periods indicated: March 31 In thousands 2016 2015 Three months ended $ 467 $ 367
Stock Only Stock Appreciation Rights (SOSARs) [Member]
Summary of Stock Option Activity	The following table sets forth information related to outstanding SOSARS. 2016 2015 Shares Wtd Avg Shares Wtd Avg SOSARS Outstanding at January 1, 2,199,742 $ 17.82 1,864,707 $ 16.20 Granted 724,914 17.47 406,142 24.94 Exercised — — (58,343 ) 13.52 Canceled / forfeited (24,712 ) 26.90 — — Outstanding at March 31, 2,899,944 $ 17.65 2,212,506 $ 17.88 SOSAR Grants Weighted average grant date fair value per share $ 4.04 $ 7.54 Aggregate grant date fair value (in thousands) $ 2,919 $ 3,063 Black-Scholes assumptions Dividend yield 2.87 % 1.92 % Risk free rate of return 1.34 % 1.64 % Volatility 32.01 % 36.48 % Expected life 6 yrs 6 yrs
Compensation Expense for Stock Option Activity	The following table sets forth SOSAR compensation expense for the periods indicated: March 31 In thousands 2016 2015 Three months ended $ 732 $ 589

Retirement Plans and Other Po27

Retirement Plans and Other Post-Retirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Schedule of Net Periodic Costs of Pension and Post Retirement Medical Benefit Plans	The following tables provide information with respect to the net periodic costs of our pension and post retirement medical benefit plans. Three months ended In thousands 2016 2015 Pension Benefits Service cost $ 2,730 $ 3,136 Interest cost 6,087 5,950 Expected return on plan assets (11,386 ) (11,543 ) Amortization of prior service cost 674 760 Amortization of unrecognized loss 3,054 4,506 Net periodic benefit cost $ 1,159 $ 2,809 Other Benefits Service cost $ 323 $ 413 Interest cost 540 563 Amortization of prior service cost (45 ) (70 ) Amortization of unrecognized (gain)/loss (51 ) 100 Net periodic benefit cost $ 767 $ 1,006

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2016
Inventory Disclosure [Abstract]
Inventories, Net of Reserves	Inventories, net of reserves, were as follows: March 31 December 31 In thousands 2016 2015 Raw materials $ 64,134 $ 60,098 In-process and finished 118,134 115,874 Supplies 73,235 71,242 Total $ 255,503 $ 247,214

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt is summarized as follows: March 31 December 31 In thousands 2016 2015 Revolving credit facility, due Mar. 2020 $ 61,482 $ 58,792 5.375% Notes, due Oct. 2020 250,000 250,000 2.40% Term Loan, due Jun. 2022 10,166 10,109 2.05% Term Loan, due Mar. 2023 42,539 42,130 1.55% Term Loan, due Sep. 2025 2,969 2,839 Total long-term debt 367,156 363,870 Less current portion (7,704 ) (7,366 ) Unamortized deferred issuance costs (3,057 ) (3,208 ) Long-term debt, net of current portion $ 356,395 $ 353,296
Summary of Debts Borrowed by Subsidiary	Glatfelter Gernsbach GmbH & Co. KG (“Gernsbach”), a wholly-owned subsidiary of ours, entered into a series of borrowing agreements with IKB Deutsche Industriebank AG, Düsseldorf (“IKB”) as summarized below: Amounts in thousands Original Interest Rate Maturity Borrowing date Apr. 11, 2013 € 42,700 2.05 % Mar. 2023 Sep. 4, 2014 10,000 2.40 % Jun. 2022 Oct. 10, 2015 2,608 1.55 % Sep. 2025

Asset Retirement Obligation (Ta

Asset Retirement Obligation (Tables)	3 Months Ended
	Mar. 31, 2016
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Asset Retirement Obligation	Following is a summary of activity recorded during the first three months of 2016 and 2015: In thousands 2016 2015 Balance at January 1, $ 419 $ 4,114 Accretion — 29 Payments — (419 ) Gain — (107 ) Balance at March 31, $ 419 $ 3,617

Fair Value of Financial Instr31

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Carrying Value and Fair Value of Long-Term Debt	The following table sets forth carrying value and fair value of long-term debt: March 31, 2016 December 31, 2015 In thousands Carrying Fair Value Carrying Fair Value Variable rate debt $ 61,482 $ 61,482 $ 58,792 $ 58,792 Fixed-rate bonds 250,000 248,438 250,000 250,938 2.40% Term loan 10,166 9,911 10,109 10,535 2.05% Term loan 42,539 40,483 42,130 42,886 1.55% Term loan 2,969 2,496 2,839 2,524 Total $ 367,156 $ 362,810 $ 363,870 $ 365,675

Financial Derivatives and Hed32

Financial Derivatives and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Values of Derivative Instruments	The following table summarizes the fair values of derivative instruments for the period indicated and the line items in the accompanying condensed consolidated balance sheets where the instruments are recorded: In thousands March 31 2016 December 31 March 31 2016 December 31 Prepaid Expenses and Other Balance sheet caption Current Assets Current Liabilities Designated as hedging: Forward foreign currency exchange contracts $ 1,160 $ 955 $ 1,416 $ 1,545 Not designated as hedging: Forward foreign currency exchange contracts $ 92 $ 68 $ — $ 49
Income or (Loss) from Derivative Instruments Recognized in Results of Operations	The following table summarizes the amount of income or (loss) from derivative instruments recognized in our results of operations for the periods indicated and the line items in the accompanying condensed consolidated statements of income where the results are recorded: Three months ended In thousands 2016 2015 Designated as hedging: Forward foreign currency exchange contracts: Effective portion – cost of products sold $ 298 $ 873 Ineffective portion – other – net (403 ) 350 Not designated as hedging Forward foreign currency exchange contracts: Other – net $ 589 $ 720
Fair Value Amounts Recorded as Component of Accumulated Other Comprehensive Income (Loss)	A rollforward of fair value amounts recorded as a component of accumulated other comprehensive income (loss) is as follows: In thousands 2016 2015 Balance at January 1, $ (178 ) $ 3,282 Deferred gains on cash flow hedges 307 4,703 Reclassified to earnings (298 ) (873 ) Balance at March 31, $ (169 ) $ 7,112
Designated as Hedging [Member]
Outstanding Derivatives Used to Hedge Foreign Exchange Risks	We had the following outstanding derivatives that were used to hedge foreign exchange risks associated with forecasted transactions and designated as hedging instruments: In thousands March 31 2016 December 31 Derivative Sell/Buy - sell notional Euro / British Pound 11,370 10,527 Sell/Buy - buy notional Euro / Philippine Peso 849,340 758,634 British Pound / Philippine Peso 592,719 542,063 Euro / U.S. Dollar 45,323 51,433 U.S. Dollar / Canadian Dollar 35,056 34,649 U.S. Dollar / Euro 23,580 —
Not Designated as Hedging [Member]
Outstanding Derivatives Used to Hedge Foreign Exchange Risks	The following sets forth derivatives used to mitigate the impact changes in currency exchange rates have on balance sheet monetary assets and liabilities: In thousands March 31 2016 December 31 Derivative Sell/Buy - sell notional U.S. Dollar / British Pound 7,000 10,000 British Pound / Euro 3,500 3,500 Sell/Buy - buy notional Euro / U.S. Dollar 7,500 12,500 British Pound / Euro 10,500 13,500

Commitments, Contingencies an33

Commitments, Contingencies and Legal Proceedings (Tables)	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Schedule of Reserves	Reserves for the Site. Three months ended In thousands 2016 2015 Balance at January 1, $ 17,105 $ 16,223 Payments (658 ) (16 ) Accruals — — Balance at March 31, $ 16,447 $ 16,207

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Schedule of Financial and Other Information by Business Unit	The following tables set forth financial and other information by business unit for the period indicated: Three months ended March 31 Dollars in millions Composite Fibers Advanced Airlaid Specialty Papers Other and Total 2016 2015 2016 2015 2016 2015 2016 2015 2016 2015 Net sales $ 123.5 $ 135.3 $ 60.8 $ 62.3 $ 217.9 $ 219.9 $ — $ — $ 402.2 $ 417.5 Energy and related sales, net — — — — 0.7 2.1 — — 0.7 2.1 Total revenue 123.5 135.3 60.8 62.3 218.6 222.0 — — 402.9 419.5 Cost of products sold 101.2 109.0 52.2 55.1 191.1 200.4 0.5 2.9 345.0 367.4 Gross profit (loss) 22.3 26.3 8.6 7.2 27.5 21.6 (0.5 ) (2.9 ) 57.8 52.1 SG&A 11.1 11.6 2.0 1.9 12.5 12.1 6.3 5.6 31.9 31.3 Gains on dispositions of plant, equipment and timberlands, net — — — — — — — (2.7 ) — (2.7 ) Total operating income (loss) 11.2 14.7 6.6 5.3 15.0 9.5 (6.8 ) (5.8 ) 26.0 23.5 Non-operating expense — — — — — — (4.7 ) (4.6 ) (4.7 ) (4.6 ) Income (loss) before income taxes $ 11.2 $ 14.7 $ 6.6 $ 5.3 $ 15.0 $ 9.5 $ (11.5 ) $ (10.4 ) $ 21.2 $ 18.9 Supplementary Data Net tons sold (thousands) 36.9 38.0 24.5 24.1 205.8 198.7 — — 267.2 260.7 Depreciation, depletion and amortization $ 7.1 $ 6.7 $ 2.3 $ 2.2 $ 6.7 $ 6.6 $ 0.5 $ 0.5 $ 16.6 $ 16.0 Capital expenditures 6.3 5.9 14.7 1.3 22.0 13.2 0.3 1.3 43.3 21.7

Condensed Consolidating Finan35

Condensed Consolidating Financial Statements (Tables)	3 Months Ended
	Mar. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Statement of Income	Condensed Consolidating Statement of Income for the Three months ended March 31, 2016 In thousands Parent Guarantors Non Adjustments/ Consolidated Net sales $ 217,888 $ 18,646 $ 184,466 $ (18,782 ) $ 402,218 Energy and related sales, net 666 — — — 666 Total revenues 218,554 18,646 184,466 (18,782 ) 402,884 Costs of products sold 191,959 18,050 153,814 (18,782 ) 345,041 Gross profit 26,595 596 30,652 — 57,843 Selling, general and administrative expenses 18,445 (185 ) 13,598 — 31,858 Loss on dispositions of plant, equipment and timberlands, net 2 — 22 — 24 Operating income 8,148 781 17,032 — 25,961 Other non-operating income (expense) Interest expense (4,415 ) — (787 ) 1,086 (4,116 ) Interest income 181 992 4 (1,086 ) 91 Equity in earnings of subsidiaries 12,872 11,754 — (24,626 ) — Other, net (542 ) 20 (178 ) — (700 ) Total other non-operating income (expense) 8,096 12,766 (961 ) (24,626 ) (4,725 ) Income before income taxes 16,244 13,547 16,071 (24,626 ) 21,236 Income tax provision 76 675 4,317 — 5,068 Net income 16,168 12,872 11,754 (24,626 ) 16,168 Other comprehensive income 15,742 13,553 13,117 (26,670 ) 15,742 Comprehensive income $ 31,910 $ 26,425 $ 24,871 $ (51,296 ) $ 31,910 Condensed Consolidating Statement of Income for the Three months ended March 31, 2015 In thousands Parent Guarantors Non Adjustments/ Consolidated Net sales $ 219,876 $ 20,150 $ 198,098 $ (20,655 ) $ 417,469 Energy and related sales, net 2,068 — — — 2,068 Total revenues 221,944 20,150 198,098 (20,655 ) 419,537 Costs of products sold 203,682 19,334 165,068 (20,655 ) 367,429 Gross profit 18,262 816 33,030 — 52,108 Selling, general and administrative expenses 17,182 497 13,593 — 31,272 Gains on dispositions of plant, equipment and timberlands, net (1,471 ) (1,183 ) — — (2,654 ) Operating income 2,551 1,502 19,437 — 23,490 Other non-operating income (expense) Interest expense (4,817 ) — (6,394 ) 6,703 (4,508 ) Interest income 163 6,599 5 (6,702 ) 65 Equity in earnings of subsidiaries 17,084 10,194 — (27,278 ) — Other, net (715 ) (130 ) 659 (1 ) (187 ) Total other non-operating income (expense) 11,715 16,663 (5,730 ) (27,278 ) (4,630 ) Income before income taxes 14,266 18,165 13,707 (27,278 ) 18,860 Income tax provision 341 1,081 3,513 — 4,935 Net income 13,925 17,084 10,194 (27,278 ) 13,925 Other comprehensive income (loss) (35,285 ) (38,550 ) 38,848 (298 ) (35,285 ) Comprehensive income (loss) $ (21,360 ) $ (21,466 ) $ 49,042 $ (27,576 ) $ (21,360 )
Condensed Consolidating Balance Sheet	Condensed Consolidating Balance Sheet as of March 31, 2016 In thousands Parent Guarantors Non Guarantors Adjustments/ Consolidated Assets Cash and cash equivalents $ 29,155 $ 5,995 $ 35,112 $ — $ 70,262 Other current assets 199,170 247,480 257,534 (245,790 ) 458,394 Plant, equipment and timberlands, net 305,347 14,782 415,794 — 735,923 Investments in subsidiaries 780,955 532,528 — (1,313,483 ) — Other assets 109,815 — 147,046 — 256,861 Total assets $ 1,424,442 $ 800,785 $ 855,486 $ (1,559,273 ) $ 1,521,440 Liabilities and Shareholders’ Equity Current liabilities $ 369,019 $ 19,391 $ 146,722 $ (245,789 ) $ 289,343 Long-term debt 247,228 — 109,167 — 356,395 Deferred income taxes 31,118 125 50,397 — 81,640 Other long-term liabilities 86,905 314 16,672 — 103,891 Total liabilities 734,270 19,830 322,958 (245,789 ) 831,269 Shareholders’ equity 690,172 780,955 532,528 (1,313,484 ) 690,171 Total liabilities and shareholders’ equity $ 1,424,442 $ 800,785 $ 855,486 $ (1,559,273 ) $ 1,521,440 Condensed Consolidating Balance Sheet as of December 31, 2015 In thousands Parent Guarantors Non Guarantors Adjustments/ Consolidated Assets Cash and cash equivalents $ 59,130 $ 465 $ 45,709 $ — $ 105,304 Other current assets 199,690 238,515 239,367 (230,509 ) 447,063 Plant, equipment and timberlands, net 286,334 1,114 411,416 — 698,864 Investments in subsidiaries 737,450 507,116 — (1,244,566 ) — Other assets 106,586 — 142,599 — 249,185 Total assets $ 1,389,190 $ 747,210 $ 839,091 $ (1,475,075 ) $ 1,500,416 Liabilities and Shareholders’ Equity Current liabilities $ 363,037 $ 9,725 $ 162,081 $ (230,523 ) $ 304,320 Long-term debt 247,075 — 106,221 — 353,296 Deferred income taxes 28,561 (79 ) 47,976 — 76,458 Other long-term liabilities 87,270 — 15,825 — 103,095 Total liabilities 725,943 9,646 332,103 (230,523 ) 837,169 Shareholders’ equity 663,247 737,564 506,988 (1,244,552 ) 663,247 Total liabilities and shareholders’ equity $ 1,389,190 $ 747,210 $ 839,091 $ (1,475,075 ) $ 1,500,416
Condensed Consolidating Statement of Cash Flows	Condensed Consolidating Statement of Cash Flows for the Three months ended March 31, 2016 In thousands Parent Guarantors Non Adjustments/ Consolidated Net cash provided (used) by Operating activities $ 10,563 $ (74 ) $ 952 $ — $ 11,441 Investing activities Expenditures for purchases of plant, equipment and timberlands (22,297 ) (13,686 ) (7,311 ) — (43,294 ) Proceeds from disposal plant, equipment and timberlands, net 21 — 12 — 33 Repayments from intercompany loans — 4,000 — (4,000 ) — Advances of intercompany loans — (3,210 ) — 3,210 — Intercompany capital contributed (17,000 ) (500 ) — 17,500 — Other (300 ) — — — (300 ) Total investing activities (39,576 ) (13,396 ) (7,299 ) 16,710 (43,561 ) Financing activities Net repayments of indebtedness — — (1,926 ) — (1,926 ) Payments of borrowing costs (51 ) — — — (51 ) Payment of dividends to shareholders (5,231 ) — — — (5,231 ) Repayments of intercompany loans — — (4,000 ) 4,000 — Borrowings of intercompany loans 3,210 — — (3,210 ) — Intercompany capital (returned) received — 17,000 500 (17,500 ) — Proceeds from government grants 1,861 2,000 — — 3,861 Payments related to share-based compensation awards and other (751 ) — — — (751 ) Total financing activities (962 ) 19,000 (5,426 ) (16,710 ) (4,098 ) Effect of exchange rate on cash — — 1,176 — 1,176 Net increase (decrease) in cash (29,975 ) 5,530 (10,597 ) — (35,042 ) Cash at the beginning of period 59,130 465 45,709 — 105,304 Cash at the end of period $ 29,155 $ 5,995 $ 35,112 $ — $ 70,262 Condensed Consolidating Statement of Cash Flows for the Three months ended March 31, 2015 In thousands Parent Guarantors Non Adjustments/ Consolidated Net cash provided (used) by Operating activities $ (975 ) $ (3 ) $ 3,133 $ — $ 2,155 Investing activities Expenditures for purchases of plant, equipment and timberlands (14,513 ) — (7,236 ) — (21,749 ) Proceeds from disposal plant, equipment and timberlands, net 1,513 1,213 — — 2,726 Repayments from intercompany loans — 31,556 — (31,556 ) — Advances of intercompany loans — (30,690 ) — 30,690 — Other (1,600 ) — — — (1,600 ) Total investing activities (14,600 ) 2,079 (7,236 ) (866 ) (20,623 ) Financing activities Payments of borrowing costs (1,008 ) — — — (1,008 ) Payment of dividends to shareholders (4,774 ) — — — (4,774 ) Repayments of intercompany loans — — (31,556 ) 31,556 — Borrowings of intercompany loans 30,690 — — (30,690 ) — Payments related to share-based compensation awards and other (1,408 ) — — — (1,408 ) Total financing activities 23,500 — (31,556 ) 866 (7,190 ) Effect of exchange rate on cash — — (2,609 ) — (2,609 ) Net increase (decrease) in cash 7,925 2,076 (38,268 ) — (28,267 ) Cash at the beginning of period 42,208 509 57,120 — 99,837 Cash at the end of period $ 50,133 $ 2,585 $ 18,852 $ — $ 71,570

Earnings Per Share - Details of

Earnings Per Share - Details of Basic and Diluted Earnings Per Share (EPS) (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share [Abstract]
Net income	$ 16,168	$ 13,925
Weighted average common shares outstanding used in basic EPS	43,521	43,252
Common shares issuable upon exercise of dilutive stock options and PSAs / RSUs	350	697
Weighted average common shares outstanding and common share equivalents used in diluted EPS	43,871	43,949
Earnings per share
Basic	$ 0.37	$ 0.32
Diluted	$ 0.37	$ 0.32

Earnings Per Share - Number of

Earnings Per Share - Number of Potential Common Shares that have been Excluded from Computation of Diluted Earnings Per Share for Indicated Period Due to Their Anti-Dilutive Nature (Detail) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share [Abstract]
Potential common shares	1,694	690

Accumulated Other Comprehensi38

Accumulated Other Comprehensive Income - Schedule of Changes in Accumulated Other Comprehensive Income (Losses) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (190,486)	$ (154,870)
Other comprehensive income before reclassifications (net of tax)	13,671	(37,943)
Amounts reclassified from accumulated other comprehensive income (net of tax)	2,071	2,658
Other comprehensive income (loss)	15,742	(35,285)
Ending Balance	(174,744)	(190,155)
Currency Translation Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(73,041)	(34,224)
Other comprehensive income before reclassifications (net of tax)	13,419	(41,337)
Other comprehensive income (loss)	13,419	(41,337)
Ending Balance	(59,622)	(75,561)
Unrealized Gain (Loss) on Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(225)	2,356
Other comprehensive income before reclassifications (net of tax)	252	3,394
Amounts reclassified from accumulated other comprehensive income (net of tax)	(186)	(628)
Other comprehensive income (loss)	66	2,766
Ending Balance	(159)	5,122
Change in Pensions [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(120,714)	(120,260)
Amounts reclassified from accumulated other comprehensive income (net of tax)	2,315	3,266
Other comprehensive income (loss)	2,315	3,266
Ending Balance	(118,399)	(116,994)
Change in Other Postretirement Defined Benefit Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	3,494	(2,742)
Amounts reclassified from accumulated other comprehensive income (net of tax)	(58)	20
Other comprehensive income (loss)	(58)	20
Ending Balance	$ 3,436	$ (2,722)

Accumulated Other Comprehensi39

Accumulated Other Comprehensive Income - Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Costs of products sold	$ (345,041)	$ (367,429)
Selling, general and administrative	(31,858)	(31,272)
Income tax provision	5,068	4,935
Net income	16,168	13,925
Reclassifications Out of Accumulated Other Comprehensive Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Net income	2,071	2,658
Reclassifications Out of Accumulated Other Comprehensive Income [Member] | Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Costs and Expenses	3,728	5,266
Income tax provision	(1,413)	(2,000)
Net income	2,315	3,266
Reclassifications Out of Accumulated Other Comprehensive Income [Member] | Pension Benefits [Member] | Prior Service Costs [Member]
Defined Benefit Plan Disclosure [Line Items]
Costs of products sold	503	567
Selling, general and administrative	171	193
Reclassifications Out of Accumulated Other Comprehensive Income [Member] | Pension Benefits [Member] | Actuarial Losses [Member]
Defined Benefit Plan Disclosure [Line Items]
Costs of products sold	2,281	3,366
Selling, general and administrative	773	1,140
Reclassifications Out of Accumulated Other Comprehensive Income [Member] | Amortization of Deferred Benefit Other Plan Items [Member]
Defined Benefit Plan Disclosure [Line Items]
Costs and Expenses	(96)	30
Income tax provision	38	(10)
Net income	(58)	20
Reclassifications Out of Accumulated Other Comprehensive Income [Member] | Amortization of Deferred Benefit Other Plan Items [Member] | Prior Service Costs [Member]
Defined Benefit Plan Disclosure [Line Items]
Costs of products sold	(37)	(57)
Selling, general and administrative	(8)	(13)
Reclassifications Out of Accumulated Other Comprehensive Income [Member] | Amortization of Deferred Benefit Other Plan Items [Member] | Actuarial Losses [Member]
Defined Benefit Plan Disclosure [Line Items]
Costs of products sold	(42)	82
Selling, general and administrative	(9)	18
Reclassifications Out of Accumulated Other Comprehensive Income [Member] | Cash Flow Hedges [Member] | Gains on Cash Flow Hedges [Member]
Defined Benefit Plan Disclosure [Line Items]
Costs of products sold	(298)	(873)
Income tax provision	112	245
Net income	$ (186)	$ (628)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Income Tax Contingency [Line Items]
Gross unrecognized tax benefits	$ 12.7	$ 12.2
Unrecognized tax benefits that would impact effective tax rate	11.2
Minimum [Member]
Income Tax Contingency [Line Items]
Gross unrecognized tax benefits balance may decrease within the next twelve months	0
Maximum [Member]
Income Tax Contingency [Line Items]
Gross unrecognized tax benefits balance may decrease within the next twelve months	$ 1.7

Income Taxes - Summary of Tax Y

Income Taxes - Summary of Tax Years that Remain Subject to Examination by Major Jurisdiction (Detail)	3 Months Ended
	Mar. 31, 2016
Minimum [Member] | United States - Federal [Member] | United States [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,013
Minimum [Member] | United States - State [Member] | United States [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,011
Examination in progress	2,011
Minimum [Member] | Foreign Tax Authority [Member] | Canada [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,010
Minimum [Member] | Foreign Tax Authority [Member] | Germany [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,012
Examination in progress	2,007
Minimum [Member] | Foreign Tax Authority [Member] | France [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,013
Examination in progress	2,011
Minimum [Member] | Foreign Tax Authority [Member] | United Kingdom [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,014
Minimum [Member] | Foreign Tax Authority [Member] | Philippines [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,012
Examination in progress	2,013
Maximum [Member] | United States - Federal [Member] | United States [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,015
Maximum [Member] | United States - State [Member] | United States [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,015
Examination in progress	2,014
Maximum [Member] | Foreign Tax Authority [Member] | Canada [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,015
Maximum [Member] | Foreign Tax Authority [Member] | Germany [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,015
Examination in progress	2,011
Maximum [Member] | Foreign Tax Authority [Member] | France [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,015
Examination in progress	2,012
Maximum [Member] | Foreign Tax Authority [Member] | United Kingdom [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,015
Maximum [Member] | Foreign Tax Authority [Member] | Philippines [Member]
Income Tax Examination [Line Items]
Examinations not yet initiated	2,015
Examination in progress	2,014

Income Taxes - Summary of Infor

Income Taxes - Summary of Information Related to Interest and Penalties on Uncertain Tax Positions (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Interest expense	$ 0.1	$ 0.1
Penalties	0	$ 0
Accrued interest payable	$ 0.7		$ 0.6

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Stock Only Stock Appreciation Rights (SOSARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of stock	3 years
Vesting term	10 years
Restricted Stock Units (RSU) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
The vesting graded scale	The RSUs vest on the passage of time, generally on a graded scale over a three, four, and five-year period, or in certain instances the RSUs were issued with five year cliff vesting.
Performance Share Awards (PSAs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants under performance share awards	191,548	100,801
Performance Share Awards (PSAs) [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cumulative performance targets	3 years
Performance Share Awards (PSAs) [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cumulative performance targets	2 years

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of RSU and PSA Activity (Detail) - Restricted Stock Units (RSU) and Performance Share Awards (PSAs) [Member] - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance	674,523	888,942
Granted	220,105	119,882
Canceled / forfeited	(116,640)	(67,179)
Shares delivered	(126,914)	(178,467)
Ending Balance	651,074	763,178

Stock-Based Compensation - Comp

Stock-Based Compensation - Compensation Expense for Periods (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Restricted Stock Units (RSU) and Performance Share Awards (PSAs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 467	$ 367
Stock Only Stock Appreciation Rights (SOSARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 732	$ 589

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Information Related to Outstanding SOSARS (Detail) - Stock Only Stock Appreciation Rights (SOSARs) [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance, Outstanding	2,199,742	1,864,707
Granted	724,914	406,142
Exercised		(58,343)
Canceled / forfeited	(24,712)
Ending Balance, Outstanding	2,899,944	2,212,506
Beginning Balance, Weighted Average Exercise Price, Outstanding	$ 17.82	$ 16.20
Weighted Average Exercise Price, Granted	17.47	24.94
Weighted Average Exercise Price, Exercised		13.52
Weighted Average Exercise Price, Canceled / forfeited	26.90
Ending Balance, Weighted Average Exercise Price, Outstanding	17.65	17.88
Weighted average grant date fair value per share	$ 4.04	$ 7.54
Aggregate grant date fair value	$ 2,919	$ 3,063
Black-Scholes assumptions
Dividend yield	2.87%	1.92%
Risk free rate of return	1.34%	1.64%
Volatility	32.01%	36.48%
Expected life	6 years	6 years

Retirement Plans and Other Po47

Retirement Plans and Other Post-Retirement Benefits - Schedule of Net Periodic Costs of Pension and Post Retirement Medical Benefit Plans (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 2,730	$ 3,136
Interest cost	6,087	5,950
Expected return on plan assets	(11,386)	(11,543)
Amortization of prior service cost	674	760
Amortization of unrecognized (gain)/loss	3,054	4,506
Net periodic benefit cost	1,159	2,809
Other Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	323,000	413,000
Interest cost	540,000	563,000
Amortization of prior service cost	(45,000)	(70,000)
Amortization of unrecognized (gain)/loss	(51,000)	100,000
Net periodic benefit cost	$ 767,000	$ 1,006,000

Inventories - Inventories, Net

Inventories - Inventories, Net of Reserves (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Raw materials	$ 64,134	$ 60,098
In-process and finished	118,134	115,874
Supplies	73,235	71,242
Total	$ 255,503	$ 247,214

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total long-term debt	$ 367,156	$ 363,870
Less current portion	(7,704)	(7,366)
Unamortized deferred issuance costs	(3,057)	(3,208)
Long-term debt, net of current portion	356,395	353,296
Total long-term debt	367,156	363,870
Revolving Credit Facility, Due Mar. 2020 [Member]
Debt Instrument [Line Items]
Total long-term debt	61,482	58,792
Total long-term debt	61,482	58,792
5.375% Notes, Due Oct. 2020 [Member]
Debt Instrument [Line Items]
Total long-term debt	250,000	250,000
Long-term debt, net of current portion	250,000	250,000
Total long-term debt	250,000	250,000
2.40% Term Loan, Due Jun. 2022 [Member]
Debt Instrument [Line Items]
Total long-term debt	10,166	10,109
Total long-term debt	10,166	10,109
2.05% Term Loan, Due Mar. 2023 [Member]
Debt Instrument [Line Items]
Total long-term debt	42,539	42,130
Total long-term debt	42,539	42,130
1.55% Term Loan, Due Sep. 2025 [Member]
Debt Instrument [Line Items]
Total long-term debt	2,969	2,839
Total long-term debt	$ 2,969	$ 2,839

Long-Term Debt - Summary of L50

Long-Term Debt - Summary of Long-Term Debt (Parenthetical) (Detail)	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Revolving Credit Facility, Due Mar. 2020 [Member]
Debt Instrument [Line Items]
Long-term debt, maturity date	Mar. 31, 2020
5.375% Notes, Due Oct. 2020 [Member]
Debt Instrument [Line Items]
Long-term debt, maturity date	Oct. 31, 2020
Interest rate on debt	5.375%	5.375%
2.40% Term Loan, Due Jun. 2022 [Member]
Debt Instrument [Line Items]
Long-term debt, maturity date	Jun. 30, 2022
Interest rate on debt	2.40%	2.40%
2.05% Term Loan, Due Mar. 2023 [Member]
Debt Instrument [Line Items]
Long-term debt, maturity date	Mar. 31, 2023
Interest rate on debt	2.05%	2.05%
1.55% Term Loan, Due Sep. 2025 [Member]
Debt Instrument [Line Items]
Long-term debt, maturity date	Sep. 30, 2025
Interest rate on debt	1.55%	1.55%

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Mar. 12, 2015USD ($)	Oct. 03, 2012USD ($)
Debt Instrument [Line Items]
Leverage ratio	1.8
Maximum [Member]
Debt Instrument [Line Items]
Leverage ratio	3.5
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 400,000,000
Long-term debt, maturity date	Mar. 12, 2020
Federal fund rate spread	1.00%
Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Federal fund rate spread	0.125%
Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Federal fund rate spread	1.00%
Revolving Credit Facility [Member] | Federal Funds Rate [Member]
Debt Instrument [Line Items]
Federal fund rate spread	0.50%
Revolving Credit Facility [Member] | Daily Euro Rate [Member] | Minimum [Member]
Debt Instrument [Line Items]
Federal fund rate spread	1.125%
Revolving Credit Facility [Member] | Daily Euro Rate [Member] | Maximum [Member]
Debt Instrument [Line Items]
Federal fund rate spread	2.00%
Letters of Credit [Member]
Debt Instrument [Line Items]
Letters of credit issued	$ 5,100,000	$ 5,300,000
Letters of credit outstanding	$ 0
5.375% Notes [Member]
Debt Instrument [Line Items]
Long-term debt, maturity date	Oct. 15, 2020
Aggregate principal amount				$ 250,000,000
Percentage of aggregate principal amount of outstanding	5.375%			5.375%
Frequency of interest payable	Semiannually
Debt instrument redemption	The 5.375% Notes are redeemable, in whole or in part, at anytime on or after October 15, 2016 at the redemption prices specified in the applicable Indenture. Prior to October 15, 2016, we may redeem some or all of the Notes at a "make-whole" premium as specified in the Indenture.

Long-Term Debt - Summary of Deb

Long-Term Debt - Summary of Debts Borrowed by Subsidiary (Detail) - IKB Deutsche Industriebank AG Borrowing Agreements [Member] - Glatfelter Gernsbach GmbH and Co KG [Member] - IKB Deutsche Industriebank AG Member - EUR (€) € in Thousands	Oct. 10, 2015	Sep. 04, 2014	Apr. 11, 2013
Debt Instrument [Line Items]
Original Principal	€ 2,608	€ 10,000	€ 42,700
Interest Rate	1.55%	2.40%	2.05%
Maturity	Sep. 30, 2025	Jun. 30, 2022	Mar. 31, 2023

Asset Retirement Obligation - A

Asset Retirement Obligation - Additional Information (Detail) $ in Millions	Dec. 31, 2008USD ($)
Asset Retirement Obligation Disclosure [Abstract]
Fair value of asset retirement obligations related to the legal requirements	$ 11.5

Asset Retirement Obligation - S

Asset Retirement Obligation - Schedule of Asset Retirement Obligation (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Asset Retirement Obligation Disclosure [Abstract]
Balance at January 1,	$ 419	$ 4,114
Accretion	0	29
Payments	0	(419)
Gain	0	(107)
Balance at March 31,	$ 419	$ 3,617

Fair Value of Financial Instr55

Fair Value of Financial Instruments - Carrying Value and Fair Value of Long-Term Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Value	$ 367,156	$ 363,870
Fair Value	362,810	365,675
2.40% Term Loan, Due Jun. 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Value	10,166	10,109
Fair Value	9,911	10,535
2.05% Term Loan, Due Mar. 2023 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Value	42,539	42,130
Fair Value	40,483	42,886
Revolving Credit Facility Due Mar. 2020 And Nov. 2016 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Value	61,482	58,792
Fair Value	61,482	58,792
5.375% Notes, Due Oct. 2020 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Value	250,000	250,000
Fair Value	248,438	250,938
1.55% Term Loan, Due Sep. 2025 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Value	2,969	2,839
Fair Value	$ 2,496	$ 2,524

Fair Value of Financial Instr56

Fair Value of Financial Instruments - Carrying Value and Fair Value of Long-Term Debt (Parenthetical) (Detail)	Mar. 31, 2016	Dec. 31, 2015
2.40% Term Loan, Due Jun. 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Percent on aggregate principal amount of outstanding	2.40%	2.40%
2.05% Term Loan, Due Mar. 2023 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Percent on aggregate principal amount of outstanding	2.05%	2.05%
1.55% Term Loan, Due Sep. 2025 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Percent on aggregate principal amount of outstanding	1.55%	1.55%

Fair Value of Financial Instr57

Fair Value of Financial Instruments - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amount of fixed rate debt	$ 356,395	$ 353,296
5.375% Notes, Due Oct. 2020 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amount of fixed rate debt	$ 250,000	$ 250,000
Interest rate on debt	5.375%	5.375%

Financial Derivatives and Hed58

Financial Derivatives and Hedging Activities - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016
Designated as Hedging [Member]
Derivative [Line Items]
Maturities of foreign currency derivative contracts	28 months
Designated as Hedging [Member] | Maximum [Member]
Derivative [Line Items]
Period of production costs expected to be incurred	28 months
Not Designated as Hedging [Member]
Derivative [Line Items]
Maturities of foreign currency derivative contracts	1 month
Fair Value, Measurements [Member] | Maximum [Member]
Derivative [Line Items]
Accumulated other comprehensive income realization period	28 months
Fair Value, Measurements [Member] | Minimum [Member]
Derivative [Line Items]
Accumulated other comprehensive income realization period	12 months

Financial Derivatives and Hed59

Financial Derivatives and Hedging Activities - Outstanding Derivatives Used to Hedge Foreign Exchange Risks (Detail)	Mar. 31, 2016EUR (€)	Mar. 31, 2016USD ($)	Mar. 31, 2016PHP	Mar. 31, 2016CAD	Mar. 31, 2016GBP (£)	Dec. 31, 2015EUR (€)	Dec. 31, 2015USD ($)	Dec. 31, 2015PHP	Dec. 31, 2015CAD	Dec. 31, 2015GBP (£)
Cash Flow Hedges [Member] | Euro / British Pound [Member] | Designated as Hedging [Member] | Sell/Buy - Sell Notional [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount | €	€ 11,370,000					€ 10,527,000
Cash Flow Hedges [Member] | Euro / Philippine Peso [Member] | Designated as Hedging [Member] | Sell/Buy - Buy Notional [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount | PHP			PHP 849,340,000					PHP 758,634,000
Cash Flow Hedges [Member] | British Pound / Philippine Peso [Member] | Designated as Hedging [Member] | Sell/Buy - Buy Notional [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount | PHP			PHP 592,719,000					PHP 542,063,000
Cash Flow Hedges [Member] | Euro / U.S. Dollar [Member] | Designated as Hedging [Member] | Sell/Buy - Buy Notional [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount | $		$ 45,323,000					$ 51,433,000
Cash Flow Hedges [Member] | U.S. Dollar / Canadian Dollar [Member] | Designated as Hedging [Member] | Sell/Buy - Buy Notional [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount | CAD				CAD 35,056,000					CAD 34,649,000
Cash Flow Hedges [Member] | U.S Dollar / Euro [Member] | Designated as Hedging [Member] | Sell/Buy - Buy Notional [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount | €	23,580,000
Foreign Currency Hedges [Member] | Euro / U.S. Dollar [Member] | Not Designated as Hedging [Member] | Sell/Buy - Buy Notional [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount | $		7,500,000					12,500,000
Foreign Currency Hedges [Member] | U.S. Dollar / British Pound [Member] | Not Designated as Hedging [Member] | Sell/Buy - Sell Notional [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount | $		$ 7,000,000					$ 10,000,000
Foreign Currency Hedges [Member] | British Pound / Euro [Member] | Not Designated as Hedging [Member] | Sell/Buy - Sell Notional [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount | £					£ 3,500,000					£ 3,500,000
Foreign Currency Hedges [Member] | British Pound / Euro [Member] | Not Designated as Hedging [Member] | Sell/Buy - Buy Notional [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative notional amount | €	€ 10,500,000					€ 13,500,000

Financial Derivatives and Hed60

Financial Derivatives and Hedging Activities - Fair Values of Derivative Instruments (Detail) - Forward Foreign Currency Exchange Contracts [Member] - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Designated as Hedging [Member] | Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	$ 1,160	$ 955
Designated as Hedging [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liability, fair value	1,416	1,545
Not Designated as Hedging [Member] | Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative asset, fair value	$ 92	68
Not Designated as Hedging [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liability, fair value		$ 49

Financial Derivatives and Hed61

Financial Derivatives and Hedging Activities - Income or (Loss) from Derivative Instruments Recognized in Results of Operations (Detail) - Forward Foreign Currency Exchange Contracts [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Costs of Products Sold [Member] | Designated as Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Effective portion of derivative instruments, gain (loss)	$ 298	$ 873
Other - Net [Member] | Designated as Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Ineffective portion of derivative instruments, gain (loss)	(403)	350
Other - Net [Member] | Not Designated as Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative instruments, gain (loss)	$ 589	$ 720

Financial Derivatives and Hed62

Financial Derivatives and Hedging Activities - Fair Value Amounts Recorded as Component of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Balance at January 1,	$ (178)	$ 3,282
Deferred gains on cash flow hedges	307	4,703
Reclassified to earnings	(298)	(873)
Balance at March 31,	$ (169)	$ 7,112

Commitments, Contingencies an63

Commitments, Contingencies and Legal Proceedings - Additional Information (Detail)	Oct. 14, 2014USD ($)	Sep. 25, 2014	Jan. 31, 2008	Mar. 31, 2016USD ($)Operable_Unit	Dec. 31, 2015USD ($)
Commitments Contingencies And Litigation [Line Items]
Number of operable units | Operable_Unit				5
Upper end estimate of total past and future response costs	$ 1,100,000,000
Estimated future cost of work yet to be done	575,000,000
Reserve for Environmental liabilities, current portion				$ 11,890,000	$ 12,544,000
Cost of response incurred by government				4,280,000
Initial minimum amount of NRD assessment				176,000,000
Initial maximum amount of NRD assessment				333,000,000
Revised minimum amount of NRD assessment				287,000,000
Revised maximum amount of NRD assessment				$ 423,000,000
Reserve for environmental liability, expected compensation payments	45,900,000
Environmental loss contingencies	105,000,000
Other prepaid loss contingencies for earlier settlements	59,000,000
Maximum estimated percentage of discharge				27.00%
Whiting Litigation [Member]
Commitments Contingencies And Litigation [Line Items]
Remaining costs and damages amount					33,000,000
NCR and GP [Member] | Whiting Litigation [Member]
Commitments Contingencies And Litigation [Line Items]
Costs and damages amount					67,000,000
NCR and GP [Member] | 2016 Work Plan [Member] | Whiting Litigation [Member]
Commitments Contingencies And Litigation [Line Items]
Annual estimated cost rate seek by Government				$ 100,000,000
OU2-5 [Member]
Commitments Contingencies And Litigation [Line Items]
Estimated future cost of remediation					9,700,000
Estimated future cost of work yet to be done	100,000,000
Annual estimated cost rate seek by Government				100,000,000
NCR costs and damages percentage		100.00%
OU2-5 [Member] | Whiting Litigation [Member]
Commitments Contingencies And Litigation [Line Items]
NCR costs and damages percentage			100.00%
OU2-5 [Member] | 2015 Work Plan [Member]
Commitments Contingencies And Litigation [Line Items]
Annual remediation cost rate seek by Government					$ 100,000,000
OU1 [Member]
Commitments Contingencies And Litigation [Line Items]
Uncertainty premium for future response costs	$ 100,000,000
Maximum [Member]
Commitments Contingencies And Litigation [Line Items]
Estimated cost related to Fox River matter				$ 175,000,000
Period over which estimated cost to be incurred				3 years
Maximum [Member] | OU2-5 [Member]
Commitments Contingencies And Litigation [Line Items]
Reserve for Environmental liabilities, current portion				$ 10,000,000
Maximum [Member] | OU2-5 [Member] | 2016 Work Plan [Member] | Whiting Litigation [Member]
Commitments Contingencies And Litigation [Line Items]
Reserve for Environmental liabilities, current portion				$ 10,000,000
Minimum [Member]
Commitments Contingencies And Litigation [Line Items]
Period over which estimated cost to be incurred				2 years
Minimum [Member] | Appvion [Member]
Commitments Contingencies And Litigation [Line Items]
Litigation claim amount				$ 200,000,000

Commitments, Contingencies an64

Commitments, Contingencies and Legal Proceedings - Schedule of Reserves (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Environmental Remediation Obligations [Abstract]
Beginning balance	$ 17,105	$ 16,223
Payments	(658)	(16)
Accruals	0	0
Ending balance	$ 16,447	$ 16,207

Segment Information - Schedule

Segment Information - Schedule of Financial and Other Information by Business Unit (Detail)	3 Months Ended
	Mar. 31, 2016USD ($)T	Mar. 31, 2015USD ($)T
Segment Reporting Information [Line Items]
Net sales	$ 402,218,000	$ 417,469,000
Energy and related sales, net	666,000	2,068,000
Total revenue	402,884,000	419,537,000
Cost of products sold	345,041,000	367,429,000
Gross profit (loss)	57,843,000	52,108,000
SG&A	31,858,000	31,272,000
Gains on dispositions of plant, equipment and timberlands, net	24,000	(2,654,000)
Total operating income (loss)	25,961,000	23,490,000
Non-operating expense	(4,725,000)	(4,630,000)
Income (loss) before income taxes	$ 21,236,000	$ 18,860,000
Supplementary Data
Net tons sold | T	267,200	260,700
Depreciation, depletion and amortization	$ 16,646,000	$ 15,975,000
Capital expenditures	43,300,000	21,700,000
Composite Fibers [Member]
Segment Reporting Information [Line Items]
Net sales	123,500,000	135,300,000
Total revenue	123,500,000	135,300,000
Cost of products sold	101,200,000	109,000,000
Gross profit (loss)	22,300,000	26,300,000
SG&A	11,100,000	11,600,000
Total operating income (loss)	11,200,000	14,700,000
Income (loss) before income taxes	$ 11,200,000	$ 14,700,000
Supplementary Data
Net tons sold | T	36,900	38,000
Depreciation, depletion and amortization	$ 7,100,000	$ 6,700,000
Capital expenditures	6,300,000	5,900,000
Advanced Airlaid Materials [Member]
Segment Reporting Information [Line Items]
Net sales	60,800,000	62,300,000
Total revenue	60,800,000	62,300,000
Cost of products sold	52,200,000	55,100,000
Gross profit (loss)	8,600,000	7,200,000
SG&A	2,000,000	1,900,000
Total operating income (loss)	6,600,000	5,300,000
Income (loss) before income taxes	$ 6,600,000	$ 5,300,000
Supplementary Data
Net tons sold | T	24,500	24,100
Depreciation, depletion and amortization	$ 2,300,000	$ 2,200,000
Capital expenditures	14,700,000	1,300,000
Specialty Papers [Member]
Segment Reporting Information [Line Items]
Net sales	217,900,000	219,900,000
Energy and related sales, net	700,000	2,100,000
Total revenue	218,600,000	222,000,000
Cost of products sold	191,100,000	200,400,000
Gross profit (loss)	27,500,000	21,600,000
SG&A	12,500,000	12,100,000
Total operating income (loss)	15,000,000	9,500,000
Income (loss) before income taxes	$ 15,000,000	$ 9,500,000
Supplementary Data
Net tons sold | T	205,800	198,700
Depreciation, depletion and amortization	$ 6,700,000	$ 6,600,000
Capital expenditures	22,000,000	13,200,000
Other and Unallocated [Member]
Segment Reporting Information [Line Items]
Cost of products sold	500,000	2,900,000
Gross profit (loss)	(500,000)	(2,900,000)
SG&A	6,300,000	5,600,000
Gains on dispositions of plant, equipment and timberlands, net		(2,700,000)
Total operating income (loss)	(6,800,000)	(5,800,000)
Non-operating expense	(4,700,000)	(4,600,000)
Income (loss) before income taxes	(11,500,000)	(10,400,000)
Supplementary Data
Depreciation, depletion and amortization	500,000	500,000
Capital expenditures	$ 300,000	$ 1,300,000

Condensed Consolidating Finan66

Condensed Consolidating Financial Statements - Additional Information (Detail)	Mar. 31, 2016	Oct. 03, 2012
PHG Tea Leaves, Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Percentage owned in domestic subsidiaries	100.00%
Mollanvick, Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Percentage owned in domestic subsidiaries	100.00%
Glatfelter Holdings, LLC [Member]
Schedule of Equity Method Investments [Line Items]
Percentage owned in domestic subsidiaries	100.00%
Glatfelter Composite Fibers N. A., Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Percentage owned in domestic subsidiaries	100.00%
Glatfelter Advanced Materials N.A., Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Percentage owned in domestic subsidiaries	100.00%
5.375% Notes [Member]
Schedule of Equity Method Investments [Line Items]
Interest rate on notes guaranteed	5.375%	5.375%

Condensed Consolidating Finan67

Condensed Consolidating Financial Statements - Condensed Consolidating Statement of Income (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Condensed Income Statements, Captions [Line Items]
Net sales	$ 402,218	$ 417,469
Energy and related sales, net	666	2,068
Total revenues	402,884	419,537
Costs of products sold	345,041	367,429
Gross profit	57,843	52,108
Selling, general and administrative expenses	31,858	31,272
Losses (gains) on dispositions of plant, equipment and timberlands, net	24	(2,654)
Operating income	25,961	23,490
Other non-operating income (expense)
Interest expense	(4,116)	(4,508)
Interest income	91	65
Other, net	(700)	(187)
Total non-operating expense	(4,725)	(4,630)
Income before income taxes	21,236	18,860
Income tax provision	5,068	4,935
Net income	16,168	13,925
Other comprehensive income	15,742	(35,285)
Comprehensive income	31,910	(21,360)
Adjustments/ Eliminations [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	(18,782)	(20,655)
Total revenues	(18,782)	(20,655)
Costs of products sold	(18,782)	(20,655)
Other non-operating income (expense)
Interest expense	1,086	6,703
Interest income	(1,086)	(6,702)
Equity in earnings of subsidiaries	(24,626)	(27,278)
Other, net		(1)
Total non-operating expense	(24,626)	(27,278)
Income before income taxes	(24,626)	(27,278)
Net income	(24,626)	(27,278)
Other comprehensive income	(26,670)	(298)
Comprehensive income	(51,296)	(27,576)
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	217,888	219,876
Energy and related sales, net	666	2,068
Total revenues	218,554	221,944
Costs of products sold	191,959	203,682
Gross profit	26,595	18,262
Selling, general and administrative expenses	18,445	17,182
Losses (gains) on dispositions of plant, equipment and timberlands, net	2	(1,471)
Operating income	8,148	2,551
Other non-operating income (expense)
Interest expense	(4,415)	(4,817)
Interest income	181	163
Equity in earnings of subsidiaries	12,872	17,084
Other, net	(542)	(715)
Total non-operating expense	8,096	11,715
Income before income taxes	16,244	14,266
Income tax provision	76	341
Net income	16,168	13,925
Other comprehensive income	15,742	(35,285)
Comprehensive income	31,910	(21,360)
Guarantors [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	18,646	20,150
Total revenues	18,646	20,150
Costs of products sold	18,050	19,334
Gross profit	596	816
Selling, general and administrative expenses	(185)	497
Losses (gains) on dispositions of plant, equipment and timberlands, net		(1,183)
Operating income	781	1,502
Other non-operating income (expense)
Interest income	992	6,599
Equity in earnings of subsidiaries	11,754	10,194
Other, net	20	(130)
Total non-operating expense	12,766	16,663
Income before income taxes	13,547	18,165
Income tax provision	675	1,081
Net income	12,872	17,084
Other comprehensive income	13,553	(38,550)
Comprehensive income	26,425	(21,466)
Non Guarantors [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	184,466	198,098
Total revenues	184,466	198,098
Costs of products sold	153,814	165,068
Gross profit	30,652	33,030
Selling, general and administrative expenses	13,598	13,593
Losses (gains) on dispositions of plant, equipment and timberlands, net	22
Operating income	17,032	19,437
Other non-operating income (expense)
Interest expense	(787)	(6,394)
Interest income	4	5
Other, net	(178)	659
Total non-operating expense	(961)	(5,730)
Income before income taxes	16,071	13,707
Income tax provision	4,317	3,513
Net income	11,754	10,194
Other comprehensive income	13,117	38,848
Comprehensive income	$ 24,871	$ 49,042

Condensed Consolidating Finan68

Condensed Consolidating Financial Statements - Condensed Consolidating Balance Sheet (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 70,262	$ 105,304	$ 71,570	$ 99,837
Other current assets	458,394	447,063
Plant, equipment and timberlands, net	735,923	698,864
Other assets	256,861	249,185
Total assets	1,521,440	1,500,416
Liabilities and Shareholders' Equity
Current liabilities	289,343	304,320
Long-term debt	356,395	353,296
Deferred income taxes	81,640	76,458
Other long-term liabilities	103,891	103,095
Total liabilities	831,269	837,169
Shareholders' equity	690,171	663,247
Total liabilities and shareholders' equity	1,521,440	1,500,416
Adjustments/ Eliminations [Member]
Assets
Other current assets	(245,790)	(230,509)
Investments in subsidiaries	(1,313,483)	(1,244,566)
Total assets	(1,559,273)	(1,475,075)
Liabilities and Shareholders' Equity
Current liabilities	(245,789)	(230,523)
Total liabilities	(245,789)	(230,523)
Shareholders' equity	(1,313,484)	(1,244,552)
Total liabilities and shareholders' equity	(1,559,273)	(1,475,075)
Parent Company [Member]
Assets
Cash and cash equivalents	29,155	59,130	50,133	42,208
Other current assets	199,170	199,690
Plant, equipment and timberlands, net	305,347	286,334
Investments in subsidiaries	780,955	737,450
Other assets	109,815	106,586
Total assets	1,424,442	1,389,190
Liabilities and Shareholders' Equity
Current liabilities	369,019	363,037
Long-term debt	247,228	247,075
Deferred income taxes	31,118	28,561
Other long-term liabilities	86,905	87,270
Total liabilities	734,270	725,943
Shareholders' equity	690,172	663,247
Total liabilities and shareholders' equity	1,424,442	1,389,190
Guarantors [Member]
Assets
Cash and cash equivalents	5,995	465	2,585	509
Other current assets	247,480	238,515
Plant, equipment and timberlands, net	14,782	1,114
Investments in subsidiaries	532,528	507,116
Total assets	800,785	747,210
Liabilities and Shareholders' Equity
Current liabilities	19,391	9,725
Deferred income taxes	125	(79)
Other long-term liabilities	314
Total liabilities	19,830	9,646
Shareholders' equity	780,955	737,564
Total liabilities and shareholders' equity	800,785	747,210
Non Guarantors [Member]
Assets
Cash and cash equivalents	35,112	45,709	$ 18,852	$ 57,120
Other current assets	257,534	239,367
Plant, equipment and timberlands, net	415,794	411,416
Other assets	147,046	142,599
Total assets	855,486	839,091
Liabilities and Shareholders' Equity
Current liabilities	146,722	162,081
Long-term debt	109,167	106,221
Deferred income taxes	50,397	47,976
Other long-term liabilities	16,672	15,825
Total liabilities	322,958	332,103
Shareholders' equity	532,528	506,988
Total liabilities and shareholders' equity	$ 855,486	$ 839,091

Condensed Consolidating Finan69

Condensed Consolidating Financial Statements - Condensed Consolidating Statement of Cash Flows (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided (used) by Operating activities	$ 11,441	$ 2,155
Investing activities
Expenditures for purchases of plant, equipment and timberlands	(43,294)	(21,749)
Proceeds from disposal plant, equipment and timberlands, net	33	2,726
Other	(300)	(1,600)
Net cash used by investing activities	(43,561)	(20,623)
Financing activities
Net repayments of indebtedness	(1,926)
Payments of borrowing costs	(51)	(1,008)
Payment of dividends to shareholders	(5,231)	(4,774)
Proceeds from government grants	3,861
Payments related to share-based compensation awards and other	(751)	(1,408)
Net cash used by financing activities	(4,098)	(7,190)
Effect of exchange rate on cash	1,176	(2,609)
Net increase (decrease) in cash	(35,042)	(28,267)
Cash and cash equivalents at the beginning of period	105,304	99,837
Cash and cash equivalents at the end of period	70,262	71,570
Adjustments/ Eliminations [Member]
Investing activities
Repayments from intercompany loans	(4,000)	(31,556)
Advances of intercompany loans	3,210	30,690
Intercompany capital contributed	17,500
Net cash used by investing activities	16,710	(866)
Financing activities
Repayments of intercompany loans	4,000	31,556
Borrowings of intercompany loans	(3,210)	(30,690)
Intercompany capital (returned) received	(17,500)
Net cash used by financing activities	(16,710)	866
Parent Company [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided (used) by Operating activities	10,563	(975)
Investing activities
Expenditures for purchases of plant, equipment and timberlands	(22,297)	(14,513)
Proceeds from disposal plant, equipment and timberlands, net	21	1,513
Intercompany capital contributed	(17,000)
Other	(300)	(1,600)
Net cash used by investing activities	(39,576)	(14,600)
Financing activities
Payments of borrowing costs	(51)
Payment of dividends to shareholders	(5,231)	(4,774)
Borrowings of intercompany loans	3,210	30,690
Proceeds from government grants	1,861
Payments related to share-based compensation awards and other	(751)
Net cash used by financing activities	(962)	23,500
Net increase (decrease) in cash	(29,975)	7,925
Cash and cash equivalents at the beginning of period	59,130	42,208
Cash and cash equivalents at the end of period	29,155	50,133
Guarantors [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided (used) by Operating activities	(74)	(3)
Investing activities
Expenditures for purchases of plant, equipment and timberlands	(13,686)
Proceeds from disposal plant, equipment and timberlands, net		1,213
Repayments from intercompany loans	4,000	31,556
Advances of intercompany loans	(3,210)	(30,690)
Intercompany capital contributed	(500)
Net cash used by investing activities	(13,396)	2,079
Financing activities
Intercompany capital (returned) received	17,000
Proceeds from government grants	2,000
Net cash used by financing activities	19,000
Net increase (decrease) in cash	5,530	2,076
Cash and cash equivalents at the beginning of period	465	509
Cash and cash equivalents at the end of period	5,995	2,585
Non Guarantors [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided (used) by Operating activities	952	3,133
Investing activities
Expenditures for purchases of plant, equipment and timberlands	(7,311)	(7,236)
Proceeds from disposal plant, equipment and timberlands, net	12
Net cash used by investing activities	(7,299)	(7,236)
Financing activities
Net repayments of indebtedness	(1,926)
Repayments of intercompany loans	(4,000)	(31,556)
Intercompany capital (returned) received	500
Net cash used by financing activities	(5,426)	(31,556)
Effect of exchange rate on cash	1,176	(2,609)
Net increase (decrease) in cash	(10,597)	(38,268)
Cash and cash equivalents at the beginning of period	45,709	57,120
Cash and cash equivalents at the end of period	$ 35,112	$ 18,852