RE:Just a great report.Third Quarter Highlights
• Delivered third quarter adjusted EBITDA of $32.3 million and net income of $15.1 million
• Achieved Company record quarterly average realized lumber price of $1,124 per thousand board feet
• Increased internal saw log consumption to 82% from 76% in the third quarter of last year
• Accelerated capital invested to $20.7 million, including $5.9 million at our Arlington facility
• Entered into a new $250 million credit facility that includes an additional $100 million accordion feature
• Returned $8.8 million to shareholders via the Company’s recently increased quarterly dividend
• Completed $10.4 million of share repurchases, cancelling 4.6 million common shares