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Business Segment and Geographical Information (Tables)

12 Months Ended

Dec. 29, 2018

Segment Reporting [Abstract]

Business Segment Information

(In thousands)		December 29, 2018				December 30, 2017				December 31, 2016
Business Segment Information
Revenues by Product Line:
Papermaking Systems:
Stock-Preparation		$	221,933			$	193,838			$	171,378
Fluid-Handling		131,830				104,136				89,145
Doctoring, Cleaning, & Filtration		116,136				109,631				105,938
Papermaking Systems		$	469,899			$	407,605			$	366,461
Wood Processing Systems		151,366				95,053				36,850
Fiber-based Products		12,521				12,375				10,815
		$	633,786			$	515,033			$	414,126

Income from Continuing Operations Before Provision for Income Taxes:
Papermaking Systems (a)		$	83,454			$	73,069			$	58,025
Wood Processing Systems (b)		31,237				10,005				8,327
Corporate and Fiber-based Products (c)		(26,093		)		(21,449		)		(19,710		)
Total operating income		88,598				61,625				46,642
Interest expense, net (d)		(6,653		)		(3,100		)		(1,024		)
Other expense, net (d, e)		(2,417		)		(872		)		(1,069		)
		$	79,528			$	57,653			$	44,549
Total Assets:
Papermaking Systems		$	462,297			$	494,919			$	407,538
Wood Processing Systems		247,553				257,467				52,407
Other (f)		15,899				8,708				10,746
		$	725,749			$	761,094			$	470,691
Depreciation and Amortization:
Papermaking Systems		$	12,561			$	11,239			$	11,513
Wood Processing Systems		10,317				7,515				2,188
Other		690				621				625
		$	23,568			$	19,375			$	14,326
Capital Expenditures:
Papermaking Systems		$	12,717			$	14,359			$	5,504
Wood Processing Systems		3,272				2,333				29
Other		570				589				271
		$	16,559			$	17,281			$	5,804
Geographical Information
Revenues (g):
United States		$	234,487			$	182,788			$	165,335
China		89,645				63,910				43,299
Canada		61,096				47,611				28,888
Germany		26,577				32,026				18,095
Finland		10,934				8,607				3,885
Other		211,047				180,091				154,624
		$	633,786			$	515,033			$	414,126
Long-lived Assets (h):
United States		$	35,446			$	32,852			$	18,482
China		11,069				11,685				10,714
Canada		8,193				9,449				1,125
Finland		6,998				5,841				—
Germany		6,223				6,452				5,792
Other		12,228				13,444				11,591
		$	80,157			$	79,723			$	47,704

(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 $1,717,000 in 2018 and $203,000 in 2017, and other income of $317,000 in 2016 (see Note 8).

(b) Includes $252,000 in 2018 and $11,163,000 in 2017 of acquisition-related expenses.

(c) Corporate primarily includes general and administrative expenses, including $1,321,000 in 2018 of acquisition-related expenses.

(d) The Company does not allocate interest and other expense, net to its segments.

(e) Includes a curtailment loss of $1,425,000 in 2018 (see Note 3, Employee Benefit Plans, under Pension and Other Post-Retirement Benefits Plans).

(f) Primarily includes Corporate and Fiber-based Products' cash and cash equivalents, tax assets, and property, plant, and equipment.

(g) Revenues are attributed to countries based on customer location.

(h) Represents property, plant, and equipment, net.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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