Segment Information (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of Financial and Other Information by Business Unit

The following table sets forth financial and other information by business unit for the period indicated:


Three months ended September 30 In millions	Specialty Papers				Composite Fibers				Advanced Airlaid Materials				Other and Unallocated						Total
	2013		2012		2013		2012		2013		2012		2013			2012			2013			2012
Net sales	$	225.7	$	232.6	$	161.5	$	110.8	$	69.5	$	60.9	$	—		$	—		$	456.6		$	404.4
Energy and related sales, net		1.2		1.9		—		—		—		—		—			—			1.2			1.9

Total revenue		226.9		234.5		161.5		110.8		69.5		60.9		—			—			457.8			406.2
Cost of products sold		196.4		199.1		129.5		91.2		63.7		54.1		2.3			2.6			391.8			347.0

Gross profit (loss)		30.5		35.4		31.9		19.7		5.8		6.8		(2.3	)		(2.6	)		66.0			59.2
SG&A		12.5		14.0		13.0		9.4		1.9		2.2		7.1			3.9			34.5			29.4
Gains on dispositions of plant, equipment and timberlands, net		—		—		—		—		—		—		(0.3	)		(1.5	)		(0.3	)		(1.5	)

Total operating income (loss)		18.1		21.4		18.9		10.3		3.9		4.6		(9.1	)		(5.0	)		31.8			31.3
Non-operating expense		—		—		—		—		—		—		(4.7	)		(4.1	)		(4.7	)		(4.1	)

Income (loss) before income taxes	$	18.1	$	21.4	$	18.9	$	10.3	$	3.9	$	4.6	$	(13.8	)	$	(9.0	)	$	27.1		$	27.2


Supplementary Data
Net tons sold		203.6		204.5		40.3		23.5		24.8		22.8		—			—			268.7			250.9
Depreciation, depletion and amortization	$	8.3	$	9.2	$	7.1	$	5.7	$	2.2	$	2.1		0.4			—		$	18.0		$	17.1
Capital expenditures		11.1		5.4		12.8		7.5		0.8		1.4		0.7			0.1			25.3			14.4

Nine months ended September 30 In millions	Specialty Papers				Composite Fibers				Advanced Airlaid Materials				Other and Unallocated						Total
	2013		2012		2013		2012		2013		2012		2013			2012			2013			2012
Net sales	$	669.8	$	670.5	$	415.9	$	331.4	$	202.2	$	184.5	$	—		$	—		$	1,287.8		$	1,186.4
Energy and related sales, net		2.7		5.4		—		—		—		—		—			—			2.7			5.4

Total revenue		672.5		675.9		415.9		331.4		202.2		184.5		—			—			1,290.5			1,191.8
Cost of products sold		599.7		585.2		334.5		273.5		182.0		164.3		10.0			7.8			1,126.3			1,030.7

Gross profit (loss)		72.8		90.7		81.3		57.9		20.1		20.2		(10.0	)		(7.8	)		164.3			161.0
SG&A		40.3		41.3		34.4		28.8		6.4		7.2		21.3			12.2			102.5			89.5
Gains on dispositions of plant, equipment and timberlands, net		—		—		—		—		—		—		(0.4	)		(8.5	)		(0.4	)		(8.5	)

Total operating income (loss)		32.5		49.4		46.9		29.1		13.7		13.0		(31.0	)		(11.5	)		62.1			80.1
Non-operating expense		—		—		—		—		—		—		(12.5	)		(12.0	)		(12.5	)		(12.0	)

Income (loss) before income taxes	$	32.5	$	49.4	$	46.9	$	29.1	$	13.7	$	13.0	$	(43.5	)	$	(23.4	)	$	49.6		$	68.1


Supplementary Data
Net tons sold (thousands)		601.6		587.1		97.9		69.2		72.4		67.9		—			—			771.9			724.2
Depreciation, depletion and amortization	$	24.9	$	27.1	$	17.7	$	17.6	$	6.6	$	6.5		0.8			—		$	50.0		$	51.1
Capital expenditures		27.9		19.1		49.0		22.9		4.8		2.8		4.4			0.2			86.1			45.0

- 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.

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