Glatfelter Corp
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
MAGN$13.02+5.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| In thousands | 2023 | 2022 |
| Assets | ||
| Cash and cash equivalents | $50,265 | $110,660 |
| Accounts receivable (less allowance for doubtful accounts: 2023 - $2,638; 2022 - $5,025) | 170,974 | 195,665 |
| Inventories | 298,248 | 309,436 |
| Prepaid expenses and other current assets | 86,480 | 63,723 |
| Total current assets | 605,967 | 679,484 |
| Plant, equipment and timberlands, net | 662,916 | 675,811 |
| Goodwill | 107,691 | 105,195 |
| Intangible assets, net | 106,333 | 108,670 |
| Other assets | 80,889 | 78,193 |
| Total assets | $1,563,796 | $1,647,353 |
| Liabilities and Shareholders' Equity | ||
| Current portion of long-term debt | $1,005 | $40,435 |
| Short-term debt | 6,150 | 11,422 |
| Accounts payable | 158,455 | 217,625 |
| Environmental liabilities | 2,000 | 2,200 |
| Other current liabilities | 112,758 | 88,724 |
| Total current liabilities | 280,368 | 360,406 |
| Long-term debt | 853,163 | 793,252 |
| Deferred income taxes | 52,219 | 54,388 |
| Other long-term liabilities | 121,192 | 121,303 |
| Total liabilities | 1,306,942 | 1,329,349 |
| Commitments and contingencies | — | — |
| Shareholders’ equity | ||
| Common stock, $0.01 par value; authorized - 120,000,000; issued - 54,361,980 (including treasury shares: 2023 - 9,275,061; 2022 - 9,568,457) | 544 | 544 |
| Capital in excess of par value | 58,759 | 60,663 |
| Retained earnings | 419,810 | 498,863 |
| Accumulated other comprehensive loss | (82,509) | (97,895) |
| 396,604 | 462,175 | |
| Less cost of common stock in treasury | (139,750) | (144,171) |
| Total shareholders’ equity | 256,854 | 318,004 |
| Total liabilities and shareholders’ equity | $1,563,796 | $1,647,353 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.