Segment Information (Tables)

3 Months Ended

Mar. 31, 2014

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 March 31 Dollars in millions	Composite Fibers				Advanced Airlaid Materials				Specialty Papers				Other and Unallocated						Total
	2014		2013		2014		2013		2014		2013		2014			2013			2014			2013
Net sales	$	158.6	$	111.8	$	71.3	$	66.2	$	225.8	$	227.1	$	—		$	—		$	455.7		$	405.2
Energy and related sales, net		—		—		—		—		5.3		1.1		—			—			5.3			1.1

Total revenue		158.6		111.8		71.3		66.2		231.1		228.2		—			—			461.0			406.3
Cost of products sold		126.0		90.4		63.1		59.5		215.0		195.5		1.8			3.5			405.9			348.9

Gross profit (loss)		32.6		21.5		8.2		6.7		16.1		32.7		(1.8	)		(3.5	)		55.0			57.4
SG&A		13.3		9.8		2.3		2.2		13.7		14.5		4.3			7.0			33.6			33.5
Gains on dispositions of plant, equipment and timberlands, net		—		—		—		—		—		—		(0.8	)		(0.1	)		(0.8	)		(0.1	)

Total operating income (loss)		19.3		11.6		5.9		4.5		2.4		18.3		(5.2	)		(10.5	)		22.3			24.0
Non-operating expense		—		—		—		—		—		—		(4.5	)		(3.5	)		(4.5	)		(3.5	)

Income (loss) before income taxes	$	19.3	$	11.6	$	5.9	$	4.5	$	2.4	$	18.3	$	(9.8	)	$	(13.9	)	$	17.8		$	20.5


Supplementary Data
Net tons sold (thousands)		40.0		22.5		25.1		23.9		202.2		202.3		—			—			267.3			248.8
Depreciation, depletion and amortization	$	7.6	$	4.6	$	2.3	$	2.2	$	8.3	$	8.3	$	0.5		$	0.2		$	18.6		$	15.4
Capital expenditures		6.0		17.5		1.5		2.1		6.2		8.6		0.8			3.2			14.4			31.4

- 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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