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Segment Information | 3 Months Ended
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Mar. 31, 2020
Segment Reporting [Abstract] |
Segment Information | 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, 2019. 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
| Three Months Ended
| March 31, 2020 |  | March 31, 2019
Advanced Materials & Structures | $ | 122.9 |  |  | 47.0 | % |  | $ | 120.5 |  |  | 46.7 | %
Engineered Papers | 138.6 |  |  | 53.0 |  |  | 137.5 |  |  | 53.3 |
Total Consolidated | $ | 261.5 |  |  | 100.0 | % |  | $ | 258.0 |  |  | 100.0 | %
($ in millions) | Operating Profit
| Three Months Ended
| March 31, 2020 |  | March 31, 2019
Advanced Materials & Structures | $ | 13.7 |  |  | 40.2 | % |  | $ | 14.9 |  |  | 49.0 | %
Engineered Papers | 33.4 |  |  | 97.9 |  |  | 28.7 |  |  | 94.4 |
Unallocated | (13.0 | ) |  | (38.1 | ) |  | (13.2 | ) |  | (43.4 | )
Total Consolidated | $ | 34.1 |  |  | 100.0 | % |  | $ | 30.4 |  |  | 100.0 | %
($ in millions) | Segment Assets
| March 31, 2020 |  | December 31, 2019
Advanced Materials & Structures | $ | 973.2 |  |  | $ | 781.2 |
Engineered Papers | 475.5 |  |  | 512.4 |
Unallocated | 206.5 |  |  | 178.1 |
Total Consolidated | $ | 1,655.2 |  |  | $ | 1,471.7 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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