RAYONIER ADVANCED MATERIALS INC.
For the period ended Jun 28, 2025. Filed Aug 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 28, 2025 · Filed Aug 6, 2025
RYAM$5.90-9.1%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Statements of Operations
(in thousands, except per share amounts)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| June 28, 2025 | June 29, 2024 | June 28, 2025 | June 29, 2024 | |
| Net sales | $340,048 | $419,045 | $696,015 | $806,701 |
| Cost of sales | (316,407) | (370,736) | (648,320) | (721,631) |
| Gross margin | 23,641 | 48,309 | 47,695 | 85,070 |
| Selling, general and administrative expense | (17,965) | (21,809) | (41,224) | (42,884) |
| Foreign exchange gain (loss) | (3,713) | 558 | (4,821) | 3,469 |
| Indefinite suspension charges (Note 2) | (229) | (6,626) | (634) | (6,626) |
| Environmental remediation expense | (1,312) | (1,384) | (14,459) | (2,018) |
| Other operating income (expense), net | (1,761) | 9,149 | (2,989) | 8,261 |
| Operating income (loss) | (1,339) | 28,197 | (16,432) | 45,272 |
| Interest expense | (23,694) | (21,270) | (47,297) | (42,125) |
| Components of pension and OPEB, excluding service costs (Note 15) | 673 | 197 | 1,305 | 1,117 |
| Other income (expense), net | (1,800) | 651 | (908) | 1,921 |
| Income (loss) from continuing operations before income tax | (26,160) | 7,775 | (63,332) | 6,185 |
| Income tax (expense) benefit (Note 16) | (339,202) | 849 | (333,610) | 1,321 |
| Equity in loss of equity method investment | (487) | (451) | (859) | (903) |
| Income (loss) from continuing operations | (365,849) | 8,173 | (397,801) | 6,603 |
| Income from discontinued operations, net of tax (Note 3) | 2,670 | 3,217 | 2,670 | 3,217 |
| Net income (loss) | (363,179) | 11,390 | (395,131) | 9,820 |
| Net income attributable to redeemable noncontrolling interest (Note 11) | 18 | — | 36 | — |
| Net income (loss) attributable to RYAM | $(363,197) | $11,390 | $(395,167) | $9,820 |
| Basic and Diluted earnings per common share (Note 13) | ||||
| Income (loss) from continuing operations | $(5.48) | $0.12 | $(5.99) | $0.10 |
| Income from discontinued operations | 0.04 | 0.05 | 0.04 | 0.05 |
| Net income (loss) | $(5.44) | $0.17 | $(5.95) | $0.15 |
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