XML 71 R20.htm IDEA: XBRL DOCUMENT v3.2.0.727
Business Segment Information
6 Months Ended
Jul. 04, 2015
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information

The Company has combined its operating entities into two reportable operating segments, Papermaking Systems and Wood Processing Systems, and a separate product line, Fiber-based Products. In classifying operational entities into a particular segment, the Company aggregated businesses with similar economic characteristics, products and services, production processes, customers, and methods of distribution.
 
 
Three Months Ended
 
Six Months Ended
 
 
July 4,
 
June 28,
 
July 4,
 
June 28,
(In thousands)
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
 
Revenues:
 
 
 
 
 
 
 
 
Papermaking Systems
 
$
86,625

 
$
91,975

 
$
167,280

 
$
170,159

Wood Processing Systems
 
9,019

 
9,837

 
16,791

 
21,110

Fiber-based Products
 
2,683

 
3,023

 
6,507

 
6,933

 
 
$
98,327

 
$
104,835

 
$
190,578

 
$
198,202

 
 
 
 
 
 
 
 
 
Income from Continuing Operations Before Provision for Income Taxes:
 
 

 
 

 
 

 
 

Papermaking Systems
 
$
15,030

 
$
13,803

 
$
27,313

 
$
23,213

Wood Processing Systems
 
2,543

 
1,495

 
4,788

 
2,849

Corporate and Fiber-based Products (a)
 
(4,930
)
 
(3,262
)
 
(9,087
)
 
(6,405
)
Total Operating Income
 
12,643

 
12,036

 
23,014

 
19,657

Interest Expense, Net
 
(188
)
 
(168
)
 
(366
)
 
(252
)
 
 
$
12,455

 
$
11,868

 
$
22,648

 
$
19,405

 
 
 
 
 
 
 
 
 
Capital Expenditures:
 
 

 
 

 
 

 
 

Papermaking Systems
 
$
1,202

 
$
772

 
$
2,154

 
$
1,289

Other
 
233

 
131

 
497

 
153

 
 
$
1,435

 
$
903

 
$
2,651

 
$
1,442


(a) Corporate primarily includes general and administrative expenses.