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Segment Information
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Segment Information
Segment Information
 
The Company's two operating product line segments are also the Company's reportable segments: Engineered Papers and Advanced Materials and Structures. The EP segment, which consists of the Company's former Paper and Reconstituted Tobacco segments, primarily produces cigarette papers including LIP papers, plug wrap papers and base tipping papers used to wrap various parts of a cigarette for sale to cigarette manufacturers and reconstituted tobacco leaf, or RTL, and wrapper and binder products for sale to cigarette and cigar manufacturers. The EP segment also includes commercial and industrial products such as lightweight printing and writing papers, battery separator paper, drinking straw wrap, filter paper and other specialized papers. These non-tobacco industry products are generally sold directly to converters and other end-users or brokers. The AMS segment, formerly the Filtration segment, primarily produces engineered resin-based, rolled goods such as films, nets, and other non-wovens to for use in high-performance filtration, surface protection, medical, and industrial applications and consists of the operations of DelStar, the December 2014 acquisitions, and Argotec. In conjunction with the consolidation of the Paper and Reconstituted Tobacco segments into the EP segment in October 2015, the corresponding information for all prior periods presented has been restated to correspond to the presentation in the current year.
 
Information about Net Sales and Operating Profit

The Company primarily evaluates segment performance and allocates resources based on operating profit. Expense amounts not associated with segments are referred to as unallocated expenses.
($ in millions)
Net Sales
 
For the Years Ended December 31,
 
2015
 
2014
 
2013
Engineered Papers
$
583.9

 
76.4
%
 
$
666.9

 
84.0
%
 
$
768.6

 
99.5
%
Advanced Materials & Structures
180.2

 
23.6

 
127.4

 
16.0

 
4.2

 
0.5

Total Consolidated
$
764.1

 
100.0
%
 
$
794.3

 
100.0
%
 
$
772.8

 
100.0
%

($ in millions)
Operating Profit
 
For the Years Ended December 31,
 
2015
 
2014
 
2013
Engineered Papers
$
121.5

 
118.0
 %
 
$
124.5

 
117.3
 %
 
$
148.9

 
119.2
 %
Advanced Materials & Structures
16.7

 
16.2

 
10.2

 
9.6

 
(1.1
)
 
(0.9
)
Unallocated
(35.2
)
 
(34.2
)
 
(28.6
)
 
(26.9
)
 
(22.9
)
 
(18.3
)
Total Consolidated
$
103.0

 
100.0
 %
 
$
106.1

 
100.0
 %
 
$
124.9

 
100.0
 %

($ in millions)
Segment Assets
 
December 31, 2015
 
December 31, 2014
 
December 31, 2013
Engineered Papers
$
507.3

 
$
611.9

 
$
873.8

Advanced Materials & Structures
648.4

 
320.1

 
286.3

Unallocated
134.3

 
253.0

 
64.0

Consolidated
$
1,290.0

 
$
1,185.0

 
$
1,224.1


($ in millions)
Capital Spending
Depreciation
 
2015
 
2014
 
2013
 
2015
 
2014
 
2013
Engineered Papers
$
12.5

 
$
26.1

 
$
28.4

 
$
25.6

 
$
31.0

 
$
30.5

Advanced Materials & Structures
11.2

 
8.7

 
0.7

 
5.5

 
3.9

 
0.1

Unallocated
0.5

 
0.3

 

 
(0.4
)
 
0.4

 
0.5

Consolidated
$
24.2

 
$
35.1

 
$
29.1

 
$
30.7

 
$
35.3

 
$
31.1



Information about Geographic Areas

Long-lived assets by geographic area as of year-end were as follows ($ in millions):
 
Long-Lived Assets
 
2015
 
2014
 
2013
United States
$
87.5

 
$
75.5

 
$
86.8

France
163.5

 
187.2

 
210.2

The Philippines

 
30.8

 
31.5

Brazil
20.1

 
27.8

 
35.1

Poland
23.6

 
29.0

 
32.8

Other foreign countries
15.9

 
15.5

 
3.6

Consolidated
$
310.6

 
$
365.8

 
$
400.0


For the geographic disclosure in the following table, net sales are attributed to geographic locations based on the location of the Company's direct customers ($ in millions):
 
Net Sales
 
2015
 
2014
 
2013
United States
$
310.7

 
$
263.7

 
$
223.1

Europe and the former Commonwealth of Independent States
261.2

 
304.6

 
343.0

Asia/Pacific (including China)
118.5

 
125.3

 
113.6

Latin America
34.6

 
54.9

 
49.6

Other foreign countries
39.1

 
45.8

 
43.5

Consolidated
$
764.1

 
$
794.3

 
$
772.8