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v3.23.3

SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Schedule of Financial and Other Information by Segment | The following tables set forth financial and other information by segment for the period indicated:
| Three months ended September 30, |  | Nine months ended September 30,
Dollars in thousands | 2023 |  | 2022 |  | 2023 |  | 2022
Net Sales |  |  |  |  |  |  |
Airlaid Material | $ | 147,014 |  |  | $ | 154,351 |  |  | $ | 458,966 |  |  | $ | 447,523 |
Composite Fibers | 109,715 |  |  | 128,269 |  |  | 368,031 |  |  | 387,436 |
Spunlace | 73,791 |  |  | 89,160 |  |  | 239,934 |  |  | 282,464 |
Inter-segment sales elimination | (599) |  |  | — |  |  | (1,797) |  |  | — |
Total | $ | 329,921 |  |  | $ | 371,780 |  |  | $ | 1,065,134 |  |  | $ | 1,117,423 |
Operating income (loss) |  |  |  |  |  |  |
Airlaid Material | $ | 11,196 |  |  | $ | 16,553 |  |  | $ | 34,836 |  |  | $ | 40,718 |
Composite Fibers | 7,268 |  |  | 6,636 |  |  | 14,293 |  |  | 12,080 |
Spunlace | (1,053) |  |  | (4,671) |  |  | (4,390) |  |  | (8,051) |
Other and unallocated | (14,758) |  |  | (52,585) |  |  | (46,458) |  |  | (185,779) |
Total | $ | 2,653 |  |  | $ | (34,067) |  |  | $ | (1,719) |  |  | $ | (141,032) |
Depreciation and amortization |  |  |  |  |  |  |
Airlaid Material | $ | 7,553 |  |  | $ | 7,400 |  |  | $ | 22,876 |  |  | $ | 22,571 |
Composite Fibers | 3,898 |  |  | 3,961 |  |  | 11,760 |  |  | 15,276 |
Spunlace | 3,289 |  |  | 2,954 |  |  | 9,857 |  |  | 8,813 |
Other and unallocated | 953 |  |  | 1,231 |  |  | 2,901 |  |  | 3,822 |
Total | $ | 15,693 |  |  | $ | 15,546 |  |  | $ | 47,394 |  |  | $ | 50,482 |
Capital expenditures |  |  |  |  |  |  |
Airlaid Material | $ | 2,625 |  |  | $ | 1,925 |  |  | $ | 7,039 |  |  | $ | 7,457 |
Composite Fibers | 2,579 |  |  | 2,462 |  |  | 8,352 |  |  | 12,720 |
Spunlace | 2,271 |  |  | 1,341 |  |  | 7,481 |  |  | 5,227 |
Other and unallocated | 296 |  |  | 1,659 |  |  | 2,357 |  |  | 4,680 |
Total | $ | 7,771 |  |  | $ | 7,387 |  |  | $ | 25,229 |  |  | $ | 30,084 |
Tons shipped (metric) |  |  |  |  |  |  |
Airlaid Material | 40,076 |  |  | 41,925 |  |  | 119,149 |  |  | 125,658 |
Composite Fibers | 22,188 |  |  | 24,958 |  |  | 71,972 |  |  | 77,415 |
Spunlace | 14,436 |  |  | 17,674 |  |  | 46,047 |  |  | 57,768 |
Inter-segment sales elimination | (328) |  |  | — |  |  | (925) |  |  | — |
Total | 76,372 |  |  | 84,557 |  |  | 236,243 |  |  | 260,841 |

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- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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