Glossary

Forward-Looking Statements

Form 10-K

Form 10-Q

Converting

Operating Profit

Seasonality

Practical Capacity

Paper Segment

Tissue Segment


Forward-Looking Statements
Statements made on this website or during formal and informal investor presentations, other than those that refer to past results, are Forward-Looking Statements made pursuant to the Safe Harbor Provisions of the Securities Reform Act of 1995.

Such statements, including those concerning expected performance, price increases and future earnings or dividends, involve risks and uncertainties that may cause results to differ materially from the expectations set forth within this website or during any presentation or discussion.

Among other things, these risks and uncertainties include the risks and assumptions described in Item 1a and Item 7 of the company’s most recent Form 10-K currently for the year ended December 31, 2013. The company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.


Form 10-K
An annual report to the U.S. Securities and Exchange Commission (SEC) pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934.


Form 10-Q
A quarterly report to the SEC pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934.


Converting
Any process by which the output of the manufacturing process is transformed into a product consumed by a customer or end-user. We routinely convert the output of our paper machines into sheets of various industry standard sizes and custom dimensions. Examples of this are individual rolls of tissue and/or toweling, packaged for end-user consumption in industrial, commercial or away-from-home applications.


Operating Profit
An alternative term for Operating Income. The profit earned from a firm’s normal core business operations. This value does not include any profit earned from the firm’s investments such as earnings from joint ventures, or the effects of interest and taxes. Also known as Earnings Before Interest and Tax” (EBIT). Calculated as: Operating Revenue – Operating Expenses.



Seasonality
The generally predictable variability in product sales and shipments due to the calendar and budget year considerations of customer ordering behavior.


Practical Capacity
The amount of finished product a mill, or collection of mills, can produce with existing equipment, the mill’s current product mix and workforce. Usually an approximation of maximum production capacity.


Paper Segment

Prior to a transaction closed June 26, 2013, this term described a divisional element of Wausau Paper’s business focused on the production of technical specialty papers.


Tissue Segment

Prior to a transaction closed June 26, 2013, this term described Wausau Paper’s current business as a divisional element of the company.