XML 70 R53.htm IDEA: XBRL DOCUMENT
v3.22.4

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Goodwill and Other Intangible Assets | The following table sets forth information with respect to goodwill and other intangible assets:
In thousands | December 31, 2021 |  | Impairment |  | Purchase price allocation adjustment |  | Translation |  | December 31, 2022
Goodwill |  |  |  |  |  |  |  |  |
Airlaid Materials | $ | 109,486 |  |  | $ | — |  |  | $ | — |  |  | $ | (4,291) |  |  | $ | 105,195 |
Composite Fibers | 78,438 |  |  | (76,411) |  |  | — |  |  | (2,027) |  |  | — |
Spunlace | 48,241 |  |  | (42,541) |  |  | (500) |  |  | (5,200) |  |  | — |
Total | $ | 236,165 |  |  | $ | (118,952) |  |  | $ | (500) |  |  | $ | (11,518) |  |  | $ | 105,195 |
Other Intangible Assets | December 31, 2021 |  | Impairment |  | Amortization |  | Translation |  | December 31, 2022
Airlaid Materials |  |  |  |  |  |  |  |  |
Tradename | $ | 4,485 |  |  | $ | — |  |  | $ | — |  |  | $ | (1,043) |  |  | $ | 3,442 |
Accumulated amortization | (603) |  |  | — |  |  | (170) |  |  | 34 |  |  | (739) |
Net | 3,882 |  |  | — |  |  | (170) |  |  | (1,009) |  |  | 2,703 |
Technology and related | 17,825 |  |  | — |  |  | — |  |  | (313) |  |  | 17,512 |
Accumulated amortization | (4,552) |  |  | — |  |  | (1,131) |  |  | 246 |  |  | (5,437) |
Net | 13,273 |  |  | — |  |  | (1,131) |  |  | (67) |  |  | 12,075 |
Customer relationships and related | 44,585 |  |  |  |  | — |  |  | (1,433) |  |  | 43,152 |
Accumulated amortization | (10,512) |  |  | — |  |  | (3,657) |  |  | 598 |  |  | (13,571) |
Net | 34,073 |  |  | — |  |  | (3,657) |  |  | (835) |  |  | 29,581 |
Composite Fibers |  |  |  |  |  |  |  |  |
Tradename - non-amortizing | 3,601 |  |  | (3,530) |  |  | — |  |  | (71) |  |  | — |
Technology and related | 38,614 |  |  | (37,823) |  |  | — |  |  | (791) |  |  | — |
Accumulated amortization | (19,224) |  |  | 19,380 |  |  | (424) |  |  | 268 |  |  | — |
Net | 19,390 |  |  | (18,443) |  |  | (424) |  |  | (523) |  |  | — |
Customer relationships and related | 34,739 |  |  | (34,046) |  |  | — |  |  | (693) |  |  | — |
Accumulated amortization | (22,104) |  |  | 22,351 |  |  | (587) |  |  | 340 |  |  | — |
Net | 12,635 |  |  | (11,695) |  |  | (587) |  |  | (353) |  |  | — |
Spunlace |  |  |  |  |  |  |  |  |
Products and Tradenames | 27,623 |  |  |  |  | — |  |  | (333) |  |  | 27,290 |
Accumulated amortization | (253) |  |  | — |  |  | (1,241) |  |  | (265) |  |  | (1,759) |
Net | 27,370 |  |  | — |  |  | (1,241) |  |  | (598) |  |  | 25,531 |
Technology and related | 14,547 |  |  |  |  | — |  |  | (175) |  |  | 14,372 |
Accumulated amortization | (202) |  |  | — |  |  | (1,151) |  |  | (102) |  |  | (1,455) |
Net | 14,345 |  |  | — |  |  | (1,151) |  |  | (277) |  |  | 12,917 |
Customer relationships and related | 28,003 |  |  |  |  | — |  |  | (337) |  |  | 27,666 |
Accumulated amortization | (268) |  |  | — |  |  | (1,487) |  |  | (48) |  |  | (1,803) |
Net | 27,735 |  |  | — |  |  | (1,487) |  |  | (385) |  |  | 25,863 |
Total intangibles | 214,022 |  |  | (75,399) |  |  | — |  |  | (5,189) |  |  | 133,434 |
Total accumulated amortization | (57,718) |  |  | 41,731 |  |  | (9,848) |  |  | 1,071 |  |  | (24,764) |
Net intangibles | $ | 156,304 |  |  | $ | (33,668) |  |  | $ | (9,848) |  |  | $ | (4,118) |  |  | $ | 108,670 |
Summary of Amortization of Intangible Assets | The following table sets forth information pertaining to amortization of intangible assets:
In thousands | 2022 |  | 2021 |  | 2020
Aggregate amortization expense: | $ | 9,848 |  |  | $ | 9,753 |  |  | $ | 8,014 |
Estimated amortization expense: |  |  |  |  |
2023 | 8,852 |  |  |  |  |
2024 | 8,852 |  |  |  |  |
2025 | 8,852 |  |  |  |  |
2026 | 8,852 |  |  |  |  |
2027 | 8,852 |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration