Event-Driven Stocks

Clearwater Paper Corp

CLWNYSECompleted

Formerly Potlatch Forest Products CORP

Spin-offSpun off from Potlatch Corporation

The two companies

Parent
Potlatch Corporation
↓ spun off ↓

Open either company's hub for its full SEC financials, ratios, ownership, filings, and every other event it's been part of.

Sector
Materials
Industry
Paperboard Mills
Exchange
NYSE
State of incorporation
DE
Record date
Distribution date
Ratio
1:3.5
Parent sector
Form
10-12B/A
Filed
November 24, 2008

Financials — parent vs spin-off

SEC XBRL · latest year
Potlatch Corporation

No XBRL financials available.

Clearwater Paper CorpFY25
Revenue
$1.56B
Operating income
−$42M
Net income
−$19M
Total assets
$1.59B
Equity
$825M

Latest reported figures from each company's own SEC filings — the parent after the separation and the spin-off as a standalone. Full multi-year history on each company hub.

Spin-off signals

score 1/6 favorable · factors, not advice
  • Leverage (liabilities/assets)48%

    A heavy debt load loaded onto the spin-off is a known risk; a clean balance sheet is favorable.

  • Return on capital employed-3.1%

    EBIT ÷ capital employed — the quality metric the spin-off scorecard research weighs most.

  • Operating margin-2.7%

    Profitability of the standalone business, from its own SEC filings.

  • Tax-basis reportNone found

    A Form 8937 (basis allocation) accompanies tax-free §355 spin-offs — favorable for taxable holders.

  • Insider buying (post-spin)None recorded

    Officers/directors buying their own newly independent shares (Form 4) has historically preceded outperformance.

  • Time since spin-off17.5 years

    Studies find the spin-off return premium concentrates in roughly the first one to three years.

Factors the spin-off research literature (Greenblatt; Cusatis-Miles-Woolridge; Desai-Jain) associates with outcomes — computed from this company's own SEC filings, shown as factors, not a recommendation. The premium is debated and not guaranteed. How we compute these ↗

Filings & documents

Every entry traces to SEC EDGAR. The Information Statement is the primary source; the links below open the full filing and each company's complete filing history.