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Business Segment and Geographical Information | 12 Months Ended
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Dec. 30, 2017
Segment Reporting [Abstract] |
Business Segment and Geographical Information | Business Segment and Geographical 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. The Papermaking Systems segment develops, manufactures, and markets a range of equipment and products for the global papermaking, paper recycling, recycling and waste management, and other process industries. Principal products manufactured by this segment include: custom-engineered stock-preparation systems and equipment for the preparation of wastepaper for conversion into recycled paper and balers and related equipment used in the processing of recyclable and waste materials; fluid-handling systems and equipment used in industrial piping systems to compensate for movement and to efficiently transfer fluid, power, and data; doctoring systems and equipment and related consumables important to the efficient operation of paper machines and other industrial processes; and filtration and cleaning systems essential for draining, purifying, and recycling process water and cleaning fabrics, belts, and rolls in various process industries. The Wood Processing Systems segment develops, manufactures, and markets stranders, debarkers, chippers, and logging machinery used in the harvesting and production of lumber and OSB. This segment also provides refurbishment and repair of pulping equipment for the pulp and paper industry. The Fiber-based Products business manufactures and sells biodegradable, absorbent granules derived from papermaking by-products for use primarily as carriers for agricultural, home lawn and garden, and professional lawn, turf and ornamental applications, as well as for oil and grease absorption.
(In thousands) |  | December 30, 2017 |  | December 31, 2016 |  | January 2, 2016
Business Segment Information |  |  |  |  |  |
Revenues by Product Line: |  |  |  |  |  |
Papermaking Systems: |  |  |  |  |  |
Stock-Preparation |  | $ | 193,838 |  |  | $ | 171,378 |  |  | $ | 148,341 |
Doctoring, Cleaning, & Filtration |  | 109,631 |  |  | 105,938 |  |  | 101,523 |
Fluid-Handling |  | 104,136 |  |  | 89,145 |  |  | 92,797 |
Papermaking Systems |  | $ | 407,605 |  |  | $ | 366,461 |  |  | $ | 342,661 |
Wood Processing Systems |  | 95,053 |  |  | 36,850 |  |  | 36,387 |
Fiber-based Products |  | 12,375 |  |  | 10,815 |  |  | 11,059 |
|  | $ | 515,033 |  |  | $ | 414,126 |  |  | $ | 390,107 |
Income from Continuing Operations Before Provision for Income Taxes: |  |  |  |  |  |  |  |  |
Papermaking Systems (a) |  | $ | 72,600 |  |  | $ | 57,427 |  |  | $ | 56,789 |
Wood Processing Systems (b) |  | 9,690 |  |  | 8,327 |  |  | 10,926 |
Corporate and Fiber-based Products (c) |  | (21,537 | ) |  | (20,181 | ) |  | (17,596 | )
Total operating income |  | 60,753 |  |  | 45,573 |  |  | 50,119 |
Interest expense, net (d) |  | (3,100 | ) |  | (1,024 | ) |  | (748 | )
|  | $ | 57,653 |  |  | $ | 44,549 |  |  | $ | 49,371 |
(In thousands) |  | December 30, 2017 |  | December 31, 2016 |  | January 2, 2016
Total Assets: |  |  |  |  |  |
Papermaking Systems |  | $ | 494,919 |  |  | $ | 407,538 |  |  | $ | 354,417 |
Wood Processing Systems |  | 257,467 |  |  | 52,407 |  |  | 53,347 |
Other (e) |  | 8,708 |  |  | 10,746 |  |  | 7,734 |
|  | $ | 761,094 |  |  | $ | 470,691 |  |  | $ | 415,498 |
Depreciation and Amortization: |  |  |  |  |  |  |  |  |
Papermaking Systems |  | $ | 11,239 |  |  | $ | 11,513 |  |  | $ | 7,898 |
Wood Processing Systems |  | 7,515 |  |  | 2,188 |  |  | 2,384 |
Other |  | 621 |  |  | 625 |  |  | 539 |
|  | $ | 19,375 |  |  | $ | 14,326 |  |  | $ | 10,821 |
Capital Expenditures: |  |  |  |  |  |  |  |  |
Papermaking Systems |  | $ | 14,359 |  |  | $ | 5,504 |  |  | $ | 4,639 |
Wood Processing Systems |  | 2,333 |  |  | 29 |  |  | 198 |
Other |  | 589 |  |  | 271 |  |  | 642 |
|  | $ | 17,281 |  |  | $ | 5,804 |  |  | $ | 5,479 |
Geographical Information |  |  |  |  |  |  |  |  |
Revenues (f): |  |  |  |  |  |  |  |  |
United States |  | $ | 182,788 |  |  | $ | 165,335 |  |  | $ | 193,383 |
China |  | 63,910 |  |  | 43,299 |  |  | 50,814 |
Canada |  | 47,611 |  |  | 28,888 |  |  | 21,164 |
Germany |  | 32,026 |  |  | 18,095 |  |  | 9,686 |
Other |  | 188,698 |  |  | 158,509 |  |  | 115,060 |
|  | $ | 515,033 |  |  | $ | 414,126 |  |  | $ | 390,107 |
Long-lived Assets (g): |  |  |  |  |  |  |  |  |
United States |  | $ | 32,852 |  |  | $ | 18,482 |  |  | $ | 17,373 |
China |  | 11,685 |  |  | 10,714 |  |  | 12,278 |
Canada |  | 9,449 |  |  | 1,125 |  |  | 1,312 |
Germany |  | 6,452 |  |  | 5,792 |  |  | 63 |
Other |  | 19,285 |  |  | 11,591 |  |  | 11,267 |
|  | $ | 79,723 |  |  | $ | 47,704 |  |  | $ | 42,293 |
(a) | Includes $787,000 in 2017 and $3,491,000 in 2016 of acquisition-related expenses. Acquisition-related expenses include acquisition transaction costs and amortization of acquired profit in inventory and backlog. Includes restructuring costs of $203,000 in 2017, other income of $317,000 in 2016, and restructuring costs of $515,000 in 2015 (see Note 8).
(b) | Includes $11,163,000 of acquisition-related expenses in 2017.
(c) | Corporate primarily includes general and administrative expenses.
(d) | The Company does not allocate interest expense, net to its segments.
(e) | Primarily includes Corporate and Fiber-based Products' cash and cash equivalents and property, plant, and equipment.
(f) | Revenues are attributed to countries based on customer location.
(g) | Represents property, plant, and equipment, net.

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- 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 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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