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Business Segment Information
3 Months Ended
Apr. 02, 2016
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 has aggregated businesses with similar economic characteristics, products and services, production processes, customers, and methods of distribution.
 
 
Three Months Ended
 
 
April 2,
 
April 4,
(In thousands)
 
2016
 
2015
Revenues:
 
 
 
 
Papermaking Systems
 
$
84,027

 
$
80,655

Wood Processing Systems
 
8,707

 
7,772

Fiber-based Products
 
3,804

 
3,824

 
 
$
96,538

 
$
92,251

 
 
 
 
 
Income from Continuing Operations Before Provision for Income Taxes:
 
 

 
 

Papermaking Systems
 
$
13,497

 
$
12,283

Wood Processing Systems
 
806

 
2,245

Corporate and Fiber-based Products (a)
 
(4,210
)
 
(4,157
)
Total operating income
 
10,093

 
10,371

Interest expense, net
 
(214
)
 
(178
)
 
 
$
9,879

 
$
10,193

 
 
 
 
 
Capital Expenditures:
 
 

 
 

Papermaking Systems
 
$
518

 
$
952

Other
 
6

 
264

 
 
$
524

 
$
1,216

 
 
 
 
 
 
 
April 2,
 
January 2,
(In thousands)
 
2016
 
2016
Total Assets:
 
 
 
 
Papermaking Systems
 
$
393,984

 
$
354,417

Wood Processing Systems
 
48,707

 
53,347

Corporate and Fiber-based Products (b)
 
14,914

 
7,719

Total Assets from Continuing Operations
 
457,605

 
415,483

Total Assets from Discontinued Operation
 
15

 
15

 
 
$
457,620

 
$
415,498


(a) Corporate primarily includes general and administrative expenses.
(b) Primarily includes cash and cash equivalents and property, plant, and equipment.