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Segment Information | 12 Months Ended
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Dec. 31, 2017
Segment Reporting [Abstract] |
Segment Information | Segment Information We are organized in two reportable operating segments: Consumer Products and Pulp and Paperboard. The following is a tabular presentation of business segment information for each of the past three years. Corporate information is included to reconcile segment data to the financial statements.
(In thousands) |  | 2017 |  | 2016 |  | 2015
Segment net sales: |  |  |  |  |  |
Consumer Products |  | $ | 941,907 |  |  | $ | 988,380 |  |  | $ | 959,894 |
Pulp and Paperboard |  | 788,501 |  |  | 746,383 |  |  | 792,507 |
Total segment net sales |  | $ | 1,730,408 |  |  | $ | 1,734,763 |  |  | $ | 1,752,401 |
Operating income: |  |  |  |  |  |
Consumer Products 1 |  | $ | 28,616 |  |  | $ | 67,916 |  |  | $ | 55,704 |
Pulp and Paperboard |  | 98,508 |  |  | 112,732 |  |  | 120,861 |
|  | 127,124 |  |  | 180,648 |  |  | 176,565 |
Corporate 2 |  | (54,796 | ) |  | (69,331 | ) |  | (52,895 | )
Income from operations |  | $ | 72,328 |  |  | $ | 111,317 |  |  | $ | 123,670 |
Depreciation and amortization: |  |  |  |  |  |
Consumer Products 3 |  | $ | 65,007 |  |  | $ | 59,375 |  |  | $ | 54,595 |
Pulp and Paperboard |  | 34,474 |  |  | 26,741 |  |  | 27,204 |
Corporate |  | 5,509 |  |  | 4,974 |  |  | 2,933 |
Total depreciation and amortization |  | $ | 104,990 |  |  | $ | 91,090 |  |  | $ | 84,732 |
Assets: |  |  |  |  |  |
Consumer Products |  | $ | 1,069,876 |  |  | $ | 1,031,563 |  |  | $ | 1,046,170 |
Pulp and Paperboard |  | 645,353 |  |  | 586,687 |  |  | 423,694 |
|  | 1,715,229 |  |  | 1,618,250 |  |  | 1,469,864 |
Corporate |  | 87,023 |  |  | 66,092 |  |  | 57,505 |
Total assets |  | $ | 1,802,252 |  |  | $ | 1,684,342 |  |  | $ | 1,527,369 |
Capital expenditures: |  |  |  |  |  |
Consumer Products |  | $ | 112,597 |  |  | $ | 47,079 |  |  | $ | 55,594 |
Pulp and Paperboard |  | 74,616 |  |  | 104,113 |  |  | 67,929 |
|  | 187,213 |  |  | 151,192 |  |  | 123,523 |
Corporate |  | 11,472 |  |  | 4,485 |  |  | 10,581 |
Total capital expenditures |  | $ | 198,685 |  |  | $ | 155,677 |  |  | $ | 134,104 |
1 | Included in Consumer Products operating income are costs associated with the March 31, 2017 Oklahoma City facility closure. For the twelve months ended December 31, 2017, these costs include $4.3 million of loss on the write-down of assets to their held for sale value and $3.2 million of expenses associated with the execution of a sublease for the facility. For the twelve months ended December 31, 2016 and 2015, Consumer Products operating income includes gains on divested assets of $1.8 million and $1.3 million, respectively.
2 | Corporate expenses for 2016 include $2.7 million of expenses associated with the acquisition of Manchester Industries. Operating results subsequent to the acquisition of Manchester are included in the Pulp and Paperboard segment. Corporate expenses for 2016 also include a $3.5 million settlement accounting charge associated with a pension lump sum buyout for term-vested participants.
3 | Depreciation and amortization expense for the Consumer Products segment for the twelve months ended December 31, 2017 and 2016 includes accelerated depreciation of $3.7 million and $1.3 million, respectively, associated with the Oklahoma City facility closure.
Our manufacturing facilities and all other assets are located within the continental United States. We sell and ship our products to customers in many foreign countries. Geographic information regarding our net sales is summarized as follows:
(In thousands) |  | 2017 |  | 2016 |  | 2015
United States |  | $ | 1,650,066 |  |  | $ | 1,663,231 |  |  | $ | 1,653,208 |
Japan |  | 48,604 |  |  | 44,970 |  |  | 59,463 |
Canada |  | 12,106 |  |  | 6,831 |  |  | 6,896 |
Korea |  | 7,124 |  |  | 5,260 |  |  | 10,016 |
Australia |  | 4,255 |  |  | 4,790 |  |  | 5,578 |
Other foreign countries |  | 8,253 |  |  | 9,681 |  |  | 17,240 |
Total net sales |  | $ | 1,730,408 |  |  | $ | 1,734,763 |  |  | $ | 1,752,401 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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