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Reportable Segments (Tables) | 6 Months Ended
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Jun. 30, 2013
Reportable Segments [Abstract] |
Schedule of Financial Data by Reporting Segment | The following tables show data by reportable segment, reconciled to consolidated totals included in the financial statements:
|  | Three months ended June 30, |  | Six months ended June 30,
(in thousands) |  | 2013 |  | 2012 |  | 2013 |  | 2012
Net sales |  |  |  |  |  |  |  |  |  |  |  |
Machine Clothing (MC) |  | $177,536 |  |  | $177,122 |  |  | $344,946 |  |  | $341,410 |
Engineered Composites (AEC) |  | 20,438 |  |  | 14,818 |  |  | 39,682 |  |  | 30,607 |
Consolidated total |  | $197,974 |  |  | $191,940 |  |  | $384,628 |  |  | $372,017 |
Operating income/(loss) |  |  |  |  |  |  |  |  |  |  |  |
Machine Clothing |  | $20,699 |  |  | $44,997 |  |  | $63,607 |  |  | $75,842 |
Engineered Composites |  | (1,825 | ) |  | (369 | ) |  | (3,888 | ) |  | (340 | )
Research expense |  | (7,673 | ) |  | (7,253 | ) |  | (14,664 | ) |  | (13,318 | )
Unallocated expenses |  | (14,714 | ) |  | (123,379 | ) |  | (26,050 | ) |  | (149,097 | )
Operating income/(loss) before reconciling items |  | (3,513 | ) |  | (86,004 | ) |  | 19,005 |  |  | (86,913 | )
Reconciling items: |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  | (300 | ) |  | (522 | ) |  | (600 | ) |  | (606 | )
Interest expense |  | 3,847 |  |  | 4,491 |  |  | 8,172 |  |  | 9,219 |
Other expense/ (income), net |  | 2,211 |  |  | (2,555 | ) |  | 2,945 |  |  | 1,993 |
Income/(loss) from continuing operations before income taxes |  | ($9,271 | ) |  | ($87,418 | ) |  | $8,488 |  |  | ($97,519 | )
Schedule of Restructuring Costs by Reporting Segment | The table below presents pension settlement and restructuring costs by reportable segment (also see Note 5):
|  | Three months ended June 30, |  | Six months ended June 30,
(in thousands) |  | 2013 |  | 2012 |  | 2013 |  | 2012
Pension settlement |  |  |  |  |  |  |  |
Unallocated expenses |  | $0 |  | $110,560 |  | $0 |  | $119,735 |
Restructuring expense |  |  |  |  |  |  |  |
Machine Clothing |  | $24,230 |  | $2,903 |  | $24,423 |  | $3,576 |
Engineered Composites |  | 91 |  | - |  | 534 |  | - |
Unallocated expenses |  | - |  | 249 |  | - |  | (166 | )
Consolidated total |  | $24,321 |  | $3,152 |  | $24,957 |  | $3,410 |

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- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 4: 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=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 + Details
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