v3.26.1
INCENTIVE STOCK PLANS (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Incentive Compensation Costs
A summary of our stock-based incentive compensation cost for the three and six months ended June 30, 2026 and 2025 is presented below:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Other operating expense, net (a) $1,440 — $12,949 $205 
Selling and general expenses3,544 3,267 6,235 5,012 
Cost of sales728 296 1,852 563 
Timber and Timberlands, net (b)141 65 230 129 
Total stock-based incentive compensation$5,853 $3,628 $21,266 $5,909 
Tax benefit recognized related to stock-based incentive compensation expense$315 $137 $972 $255 
(a)For the three and six months ended June 30, 2026, represents accelerated stock-based incentive compensation cost due to our merger with PotlatchDeltic.
(b)Represents amounts capitalized as part of the overhead allocation of timber-related costs.
Share-Based Payment Arrangement, Restricted Stock Unit, Activity
A summary of the replacement restricted stock units granted on January 30, 2026 as a result of the merger is as follows:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2026
Replacement restricted stock units granted— 1,744,380 
Weighted average price of replacement restricted stock units granted— $22.74 
Replacement restricted stock units vested as a result of acceleration (a)79,427 687,048 
Grant date fair value of replacement restricted stock units vested$22.74 $22.74 
Intrinsic value of replacement restricted stock units outstanding (b)$20,609 $20,609 
(a)Excludes 1,391 additional restricted stock units credited as dividend equivalents on the replacement awards that vested during the three and six months ended June 30, 2026.
(b)Intrinsic value is based on the closing market price of the Company’s common shares at June 30, 2026.
Share-Based Payment Arrangement, Activity
A summary of the replacement deferred compensation stock equivalent units granted on January 30, 2026 as a result of the merger is as follows:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2026
Replacement deferred compensation stock equivalent units granted— 280,588 
Weighted average price of deferred compensation stock equivalent units granted— $22.74 
Intrinsic value of replacement deferred compensation stock equivalent units outstanding (a)$1,915 $1,915 
(a)Intrinsic value is based on the closing market price of the Company’s common shares at June 30, 2026.