Segment Information

The Company's two operating product line segments are also the Company's reportable segments: Advanced Materials & Structures and Engineered Papers. The AMS segment primarily produces engineered resin-based rolled goods such as nets, films and other non-wovens for use in high-performance applications in the filtration, infrastructure and construction, transportation, medical and industrial end-markets. It consists of the operations of various acquisitions. The EP segment primarily produces various cigarette papers and recon for sale to cigarette manufacturers. The EP segment also includes non-tobacco paper for battery separators, printing and writing, drinking straw wrap and furniture laminates.

Information about Net Sales and Operating Profit

The accounting policies of these segments are the same as those described in Note 2. Summary of Significant Accounting Policies in the notes to the consolidated financial statements in the Company's Annual Report on Form 10-K for the year ended December 31, 2017. 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 conjunction with the Company's adoption of ASU 2017-07, the Company recorded a reclassification of the components of net periodic pension cost, other than service cost, from Cost of products sold and General expense to Other income (expense), net, in the Consolidated Statements of Income. The reclassification of these costs effects only the EP segment, as there are no pension costs associated with the AMS segment; for the three and six months ended June 30, 2017, $0.8 million and $1.8 million, respectively, in pension expense was reclassified from Operating profit to Other expense in the condensed consolidated statement of income for the 2017 comparative period. The adoption of this guidance had no effect on Net income in the Consolidated Statements of Income and no effect on the other condensed consolidated financial statements.



($ in millions)	Net Sales
	Three Months Ended								Six Months Ended
	June 30, 2018				June 30, 2017				June 30, 2018				June 30, 2017
Advanced Materials & Structures	$	124.0	45.9	%	$	117.8	46.1	%	$	239.3	45.0	%	$	217.8	44.6	%
Engineered Papers	146.4		54.1		137.5		53.9		293.0		55.0		270.8		55.4
Total Consolidated	$	270.4	100.0	%	$	255.3	100.0	%	$	532.3	100.0	%	$	488.6	100.0	%



($ in millions)	Operating Profit
	Three Months Ended										Six Months Ended
	June 30, 2018					June 30, 2017					June 30, 2018					June 30, 2017
Advanced Materials & Structures	$	17.0		40.4	%	$	16.6		41.2	%	$	27.6		35.8	%	$	25.5		37.6	%
Engineered Papers	33.3			79.1		31.6			78.4		67.2			87.2		59.5			87.6
Unallocated	(8.2		)	(19.5	)	(7.9		)	(19.6	)	(17.7		)	(23.0	)	(17.1		)	(25.2	)
Total Consolidated	$	42.1		100.0	%	$	40.3		100.0	%	$	77.1		100.0	%	$	67.9		100.0	%



($ in millions)	Segment Assets
	June 30, 2018		December 31, 2017
Advanced Materials & Structures	$	810.0	$	811.7
Engineered Papers	540.3		537.6
Unallocated	134.8		193.2
Total Consolidated	$	1,485.1	$	1,542.5