Financial Summary
(Thousands of dollars, except per share amounts)		2010	2009	2008	2007	2006
Results of Operations for the Year
Net sales	$	141,623	112,012	129,524	128,255	153,112
Operating income/(loss)	$	17,909	5,870	7,505	19,958	18,721
Net income/(loss)	$	12,397	3,688	4,384	11,111	11,323
Comprehensive income/(loss)		14,880	5,386	(915)	14,638	11,621
Earnings per common share
Basic	$	.99	.30	.35	.89	.91
Assuming dilution	$	.99	.30	.35	.89	.89
Cash dividends declared per common share	$	.30	.30	.30	.30	.30
Net cash provided/(required) by
Operating activities	$	28,898	16,914	21,683	18,213	23,771
Investing activities	$	(864)	(25,772)	(19,985)	(10,993)	(8,858)
Financing activities	$	(28,986)	11,228	835	(7,906)	(5,192)
Percentage return on
Average stockholders' equity		5.6	1.8	2.0	5.2	5.5
Average borrowed and invested capital		5.3	2.5	3.4	5.7	5.6
Average total assets		3.5	1.1	1.3	3.4	3.5
Capital Expenditures for the Year
Woodlands	$	6,144	25,075	11,436	4,978	3,333
Mills		5,330	3,006	6,874	5,345	8,763
Real Estate		3,859	4,464	11,222	10,171	15,612
Corporate		235	160	122	74	59
Discontinued agricultural operations		-	-	-	-	-
	$	15,568	32,705	29,654	20,568	27,767
Financial Condition at Year-end
Working capital	$	2,520	5,414	4,069	6,609	12,710
Current ratio		1.16 to 1	1.41 to 1	1.34 to 1	1.40 to 1	2.15 to 1
Total assets	$	334,273	352,203	334,733	328,744	324,266
Long-term debt	$	65,611	91,222	75,833	66,667	70,000
Redeemable preferred stock	$	-	-	-	-	-
Stockholders' equity	$	230,011	216,299	213,164	218,086	207,481
Long-term debt to stockholders' equity ratio	$	.285 to 1	.422 to 1	.356 to 1	.306 to 1	.337 to 1