XML 34 R21.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Business Segment Information | 9 Months Ended
--- | ---
Sep. 30, 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 |  | Nine Months Ended
|  | September 30, |  | October 1, |  | September 30, |  | October 1,
(In thousands) |  | 2017 |  | 2016 |  | 2017 |  | 2016
Revenues: |  |  |  |  |  |  |  |
Papermaking Systems |  | $ | 111,135 |  |  | $ | 96,078 |  |  | $ | 295,416 |  |  | $ | 280,436 |
Wood Processing Systems |  | 39,714 |  |  | 7,962 |  |  | 61,050 |  |  | 25,437 |
Fiber-based Products |  | 1,945 |  |  | 1,479 |  |  | 9,427 |  |  | 8,012 |
|  | $ | 152,794 |  |  | $ | 105,519 |  |  | $ | 365,893 |  |  | $ | 313,885 |
Income Before Provision for Income Taxes: |  |  |  |  |  |  |  |  |  |  |  |
Papermaking Systems (a) |  | $ | 21,544 |  |  | $ | 16,915 |  |  | $ | 52,932 |  |  | $ | 44,747 |
Wood Processing Systems (b) |  | 4,418 |  |  | 2,150 |  |  | 6,196 |  |  | 5,406 |
Corporate and Fiber-based Products (c) |  | (6,504 | ) |  | (6,504 | ) |  | (16,181 | ) |  | (15,255 | )
Total operating income |  | 19,458 |  |  | 12,561 |  |  | 42,947 |  |  | 34,898 |
Interest expense, net |  | (1,188 | ) |  | (251 | ) |  | (1,722 | ) |  | (739 | )
|  | $ | 18,270 |  |  | $ | 12,310 |  |  | $ | 41,225 |  |  | $ | 34,159 |
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | October 1, |  | September 30, |  | October 1,
(In thousands) |  | 2017 |  | 2016 |  | 2017 |  | 2016
Capital Expenditures: |  |  |  |  |  |  |  |  |  |  |  |
Papermaking Systems |  | $ | 3,790 |  |  | $ | 1,632 |  |  | $ | 6,567 |  |  | $ | 3,341 |
Other |  | 1,493 |  |  | 211 |  |  | 2,151 |  |  | 238 |
|  | $ | 5,283 |  |  | $ | 1,843 |  |  | $ | 8,718 |  |  | $ | 3,579 |
|  |  |  |  |  | September 30, |  | December 31,
(In thousands) |  |  |  |  |  | 2017 |  | 2016
Total Assets: |  |  |  |  |  |  |  |  |  |  |  |
Papermaking Systems |  |  |  |  |  | $ | 492,071 |  |  | $ | 407,538 |
Wood Processing Systems |  |  |  |  |  | 259,487 |  |  | 52,407 |
Other (d) |  |  |  |  |  | 36,101 |  |  | 10,746 |
|  |  |  |  |  | $ | 787,659 |  |  | $ | 470,691 |
(a) Includes $278,000, and $593,000 of acquisition-related expenses in the three- and nine-month periods ended September 30, 2017, respectively. Includes $114,000 and $3,491,000 of acquisition-related expenses in the three- and nine-month periods ended October 1, 2016, respectively. Acquisition-related expenses include acquisition transaction costs and amortization of acquired profit in inventory and backlog. (b) Includes $4,625,000 and $8,727,000 of acquisition-related expenses in the three- and nine-month periods ended September 30, 2017, respectively. (c) Corporate primarily includes general and administrative expenses. (d) Primarily includes Corporate and Fiber-based Products' cash and cash equivalents and property, plant and equipment.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration