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Business Segment Information
 3 Months Ended
Apr. 01, 2017
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 1,
 
April 2,
(In thousands)
 
2017
 
2016
Revenues:
 
 
 
 
Papermaking Systems
 
$
88,550

 
$
84,027

Wood Processing Systems
 
9,943

 
8,707

Fiber-based Products
 
4,364

 
3,804

 
 
$
102,857

 
$
96,538

 
 
 
 
 
 
 
Three Months Ended
 
 
April 1,
 
April 2,
(In thousands)
 
2017
 
2016
Income Before Provision for Income Taxes:
 
 

 
 

Papermaking Systems
 
$
14,258

 
$
13,497

Wood Processing Systems
 
2,504

 
806

Corporate and Fiber-based Products (a)
 
(4,716
)
 
(4,210
)
Total operating income
 
12,046

 
10,093

Interest expense, net
 
(244
)
 
(214
)
 
 
$
11,802

 
$
9,879

 
 
 
 
 
Capital Expenditures:
 
 

 
 

Papermaking Systems
 
$
1,484

 
$
518

Other
 
238

 
6

 
 
$
1,722

 
$
524

 
 
 
 
 
(a) Corporate primarily includes general and administrative expenses.