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Business Segment Information
 9 Months Ended
Oct. 01, 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
 
Nine Months Ended
 
 
October 1,
 
October 3,
 
October 1,
 
October 3,
(In thousands)
 
2016
 
2015
 
2016
 
2015
Revenues:
 
 
 
 
 
 
 
 
Papermaking Systems
 
$
96,078

 
$
80,789

 
$
280,436

 
$
248,069

Wood Processing Systems
 
7,962

 
9,119

 
25,437

 
25,910

Fiber-based Products
 
1,479

 
2,021

 
8,012

 
8,528

 
 
$
105,519

 
$
91,929

 
$
313,885

 
$
282,507

 
 
 
 
 
 
 
 
 
Income from Continuing Operations Before Provision for Income Taxes:
 
 

 
 

 
 

 
 

Papermaking Systems
 
$
16,915

 
$
14,246

 
$
44,747

 
$
41,559

Wood Processing Systems
 
2,150

 
2,724

 
5,406

 
7,512

Corporate and Fiber-based Products (a)
 
(6,504
)
 
(4,289
)
 
(15,255
)
 
(13,376
)
Total operating income
 
12,561

 
12,681

 
34,898

 
35,695

Interest expense, net
 
(251
)
 
(185
)
 
(739
)
 
(551
)
 
 
$
12,310

 
$
12,496

 
$
34,159

 
$
35,144

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
October 1,
 
October 3,
 
October 1,
 
October 3,
(In thousands)
 
2016
 
2015
 
2016
 
2015
Capital Expenditures:
 
 

 
 

 
 

 
 

Papermaking Systems
 
$
1,501

 
$
1,258

 
$
3,159

 
$
3,412

Other
 
342

 
159

 
420

 
656

 
 
$
1,843

 
$
1,417

 
$
3,579

 
$
4,068

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
October 1,
 
January 2,
(In thousands)
 
 
 
 
 
2016
 
2016
Total Assets:
 
 
 
 
 
 
 
 
Papermaking Systems
 
$
420,623

 
$
354,417

Wood Processing Systems
 
54,328

 
53,347

Corporate and Fiber-based Products (b)
 
9,147

 
7,719

Total assets from continuing operations
 
484,098

 
415,483

Total assets from discontinued operation
 
20

 
15

 
 
 
 
 
 
$
484,118

 
$
415,498


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