Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Financial and Other Information by Business Unit

The following tables set forth profitability and other information by business unit:

For the year ended December 31, 2013

In millions

Composite
Fibers

Advanced
Airlaid
Materials

Specialty
Papers

Other and
Unallocated

Total

Net sales

566.4

268.4

887.9

–

1,722.6

Energy and related sales, net

–

3.2

–

3.2

Total revenue

566.4

268.4

891.0

–

1,725.8

Cost of products sold

456.5

238.0

799.3

13.3

1,507.1

Gross profit

109.8

30.4

91.7

(13.3

)

218.7

SG&A

47.4

8.9

52.0

25.5

133.9

Gains on dispositions of plant, equipment and timberlands, net

–

(1.7

)

(1.7

)

Total operating income (loss)

62.4

21.5

39.7

(37.1

)

86.5

Non-operating expense

–

(17.3

)

(17.3

)

Income (loss) before income taxes

62.4

21.5

39.7

(54.4

)

69.2

Supplementary Data

Plant, equipment and timberlands, net

300.0

175.1

242.6

5.6

723.3

Depreciation, depletion and amortization

24.8

8.9

33.2

1.3

68.2

Capital expenditures

56.9

6.7

34.3

5.1

103.0


For the year ended December 31, 2012 In millions		Composite Fibers		Advanced Airlaid Materials		Specialty Papers		Other and Unallocated			Total
Net sales	$	436.7	$	246.3	$	894.8	$	–		$	1,577.8
Energy and related sales, net		–		–		7.0		–			7.0
Total revenue		436.7		246.3		901.8		–			1,584.8
Cost of products sold		362.6		218.7		779.5		10.3			1,371.1
Gross profit		74.2		27.6		122.3		(10.4	)		213.6
SG&A		38.1		9.6		55.0		18.9			121.6
Gains on dispositions of plant, equipment and timberlands, net		–		–		–		(9.8	)		(9.8	)
Total operating income (loss)		36.1		18.0		67.3		(19.5	)		101.9
Non-operating expense		–		–		–		(22.9	)		(22.9	)
Income (loss) before income taxes	$	36.1	$	18.0	$	67.3	$	(42.4	)	$	78.9
Supplementary Data
Plant, equipment and timberlands, net	$	200.1	$	172.9	$	247.9	$	0.3		$	621.2
Depreciation, depletion and amortization		23.5		8.7		37.4		–			69.5
Capital expenditures		31.4		3.9		23.1		0.3			58.8


For the year ended December 31, 2011 In millions		Composite Fibers		Advanced Airlaid Materials		Specialty Papers		Other and Unallocated			Total
Net sales	$	476.0	$	252.0	$	875.1	$	–		$	1,603.2
Energy and related sales, net		–		–		9.3		–			9.3
Total revenue		476.0		252.0		884.4		–			1,612.5
Cost of products sold		395.7		227.7		775.7		7.2			1,406.3
Gross profit		80.3		24.3		108.7		(7.2	)		206.2
SG&A		39.5		10.9		51.4		23.0			124.9
Gains on dispositions of plant, equipment and timberlands, net		–		–		–		(4.0	)		(4.0	)
Total operating income (loss)		40.8		13.4		57.3		(26.2	)		85.3
Non-operating expense		–		–		–		(34.4	)		(34.4	)
Income (loss) before income taxes	$	40.8	$	13.4	$	57.3	$	(60.7	)	$	50.8
Supplementary Data
Plant, equipment and timberlands, net	$	176.2	$	175.6	$	250.2	$	–		$	602.0
Depreciation, depletion and amortization		24.8		8.5		36.0		–			69.3
Capital expenditures		22.5		10.6		31.4		–			64.5

Schedule of Net Sales to External Customers and Location of Net Plant, Equipment and Timberlands

Our net sales to external customers and location of net plant, equipment and timberlands are summarized below. Net sales are attributed to countries based upon origin of shipment.


	2013				2012				2011
In thousands		Net sales		Plant, Equipment and Timberlands–Net		Net sales		Plant, Equipment and Timberlands–Net		Net sales		Plant, Equipment and Timberlands–Net
United States	$	968,833	$	248,306	$	952,195	$	248,185	$	933,357	$	250,217
Germany		483,859		287,880		358,442		191,559		410,183		181,537
United Kingdom		107,082		63,650		119,092		59,131		122,218		57,634
Canada		113,414		83,033		106,702		83,796		88,018		86,079
Other		49,427		40,471		41,357		38,515		49,378		26,483
Total	$	1,722,615	$	723,340	$	1,577,788	$	621,186	$	1,603,154	$	601,950

Composite Fibers [Member]

Schedule of Segment Reporting Information of Revenue by Segment

Composite Fibers’ revenue composition by market consisted of the following for the years indicated:


In thousands		2013		2012		2011
Food & beverage	$	302,738	$	265,423	$	284,748
Wall covering		97,698		–		–
Metallized		83,949		87,720		95,276
Composite laminates		39,296		44,613		53,334
Technical specialties and other		42,679		38,984		42,671
Total	$	566,360	$	436,740	$	476,029

Advanced Airlaid Materials [Member]

Schedule of Segment Reporting Information of Revenue by Segment

Advanced Airlaid Materials’ revenue composition by market consisted of the following for the years indicated:


In thousands		2013		2012		2011
Feminine hygiene	$	219,222	$	197,792	$	206,724
Wipes		15,186		13,562		5,463
Home care		14,857		14,527		15,308
Adult incontinence		5,046		6,959		6,083
Other		14,085		13,442		18,469
Total	$	268,396	$	246,282	$	252,047

Specialty Papers [Member]

Schedule of Segment Reporting Information of Revenue by Segment

Specialty Papers’ revenue composition by market consisted of the following for the years indicated:


In thousands		2013		2012		2011
Carbonless & forms	$	369,618	$	372,950	$	368,582
Engineered products		184,913		187,724		166,660
Envelope & converting		175,928		174,781		170,380
Book publishing		153,054		155,925		166,506
Other		4,346		3,397		2,950
Total	$	887,859	$	894,777	$	875,078

- 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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