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Business Segment Information
9 Months Ended
Oct. 03, 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
 
Nine Months Ended
 
 
October 3,
 
September 27,
 
October 3,
 
September 27,
(In thousands)
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
 
Revenues:
 
 
 
 
 
 
 
 
Papermaking Systems
 
$
80,789

 
$
88,369

 
$
248,069

 
$
258,528

Wood Processing Systems
 
9,119

 
8,480

 
25,910

 
29,590

Fiber-based Products
 
2,021

 
1,870

 
8,528

 
8,803

 
 
$
91,929

 
$
98,719

 
$
282,507

 
$
296,921

 
 
 
 
 
 
 
 
 
Income from Continuing Operations Before Provision for Income Taxes:
 
 

 
 

 
 

 
 

Papermaking Systems
 
$
14,246

 
$
13,006

 
$
41,559

 
$
36,219

Wood Processing Systems
 
2,724

 
1,648

 
7,512

 
4,497

Corporate and Fiber-based Products (a)
 
(4,289
)
 
(4,503
)
 
(13,376
)
 
(10,908
)
Total Operating Income
 
12,681

 
10,151

 
35,695

 
29,808

Interest Expense, Net
 
(185
)
 
(168
)
 
(551
)
 
(420
)
 
 
$
12,496

 
$
9,983

 
$
35,144

 
$
29,388

 
 
 
 
 
 
 
 
 
Capital Expenditures:
 
 

 
 

 
 

 
 

Papermaking Systems
 
$
1,258

 
$
1,325

 
$
3,412

 
$
2,614

Other
 
159

 
378

 
656

 
531

 
 
$
1,417

 
$
1,703

 
$
4,068

 
$
3,145


(a) Corporate primarily includes general and administrative expenses.