Company Information

  

Address: 1301 RIVERPLACE BOULEVARD
SUITE 2300 
City: JACKSONVILLE 
State: FL 
Zip Code: 32207 
Telephone: 904.357.4600 

Description of Business

Primary SIC Code: 2820
(As filed with the SEC)  

Prior to June 27, 2014, we consisted of Rayonier Inc.'s ("Rayonier's") wholly-owned performance fibers business, the global leader in the production of cellulose specialties. On that date, holders of Rayonier common shares received one share of our common stock for every three Rayonier common shares held on the record date. This resulted in our separation from Rayonier and the start of our business as an independent, publicly traded company. We are transforming our business and growing EBITDA to drive long-term value for our stockholders. Our plan focuses on the following four strategic pillars: *Cost Transformation - driving sustainable cost reductions by fostering a culture of continuous improvement * New Products - expanding our business by developing next generation cellulose fibers and other value-added product utilizing our cellulose processing technology, expertise and co-products.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20186.040.0703.55
12/20175.810.0703.52
09/20170.630.07021.75
06/20170.840.07018.71
03/20171.210.07011.12
12/20161.550.0709.97
09/20161.680.0707.96
06/20162.020.0706.73

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.83Total Liab/Total Assets0.74
Net Inc/Total Assets0.12Total Liab/Inv Cap0.84
Net Inc/Inv Cap0.14Total Liab/Comm Equity4.96
Pretax Inc/Net Sales0.36Interest Coverage Ratio9.52
Net Inc/Net Sales0.34Curr Debt/Equity0.01
Cash Flow/Net Sales0.13LTD/Equity1.78
SG&A/NetSales0.09Total Debt/Equity1.79
Asset Utilization   Liquidity  
Net Receivables Turnover8.78Quick Ratio1.12
Inventory Turnover3.91Current Ratio2.10
Inventory Day Sales0.01Net Rec/Curr Assets0.28
Net Sales/Work Cap2.84Inv/Curr Assets0.47
Net Sales/PP&E0.68  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/23/2017 6/24/2017
Total Revenues(Net Sales) 521.99 348.98 209.72 201.23
Cost of Goods Sold 441.64 310.66 178.55 168.83
Selling & Admin Exps 34.10 38.28 13.51 20.16
Operating Income 46.26 0.04 17.66 12.24
Interest Exp 14.99 13.07 9.34 9.21
Pretax Income 34.30 296.82 23.39 6.86
Other Income 3.04 309.86 15.07 3.83
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 24.46 295.08 15.67 4.57

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/23/2017 6/24/2017
Cash & Short Term Investments 89.08 96.24 379.18 368.70
Receivables - Total 180.27 181.30 42.87 39.22
Inventories - Total 358.15 302.09 106.57 113.63
Total Current Assets 704.91 646.54 589.74 570.44
Net Property, Plant & Equipment 1,408.98 1,407.76 775.04 786.65
Total Assets 2,694.05 2,642.61 1,442.60 1,448.51
Liabilities        
Accounts Payable 317.43 284.97 112.50 118.02
Debt in Current Liabilities 11.27 9.43 267.03 13.10
Total Current Liabilities 342.16 307.57 403.62 152.35
Long-Term Debt 1,226.38 1,232.18 512.89 768.65
Total Liabilities 1,972.06 1,948.86 1,208.34 1,226.82
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.02 0.02 0.02 0.02
Common Stock 0.52 0.52 0.43 0.43
Retained Earnings 394.29 377.02 89.06 80.00
Treasury Stock NA NA NA NA
Total Stockholders' Equity 721.99 693.76 234.26 221.69
Total Liabilities and Stockholders' Equity 2,694.05 2,642.61 1,442.60 1,448.51

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/23/2017 6/24/2017
Net Cash Provided by Operating Activities 32.52 12.15 30.97 48.91
Net Cash Provided by Investing Activities -29.00 -233.35 -11.71 -18.83
Net Cash Provided by Financing Activities -11.98 -62.59 -8.78 -6.49

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20131,046.60219.77--
12/2014957.6931.660.75
12/2015941.3855.261.30
12/2016868.7373.291.55
12/2017961.33324.965.81
Growth Rates-2.1010.27--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1824451,63099.54




Report Date : 7/16/2018

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