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Segment Information (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Reportable Segments Information
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 Products1
 
$
28,616

 
$
67,916

 
$
55,704

Pulp and Paperboard
 
98,508

 
112,732

 
120,861

 
 
127,124

 
180,648

 
176,565

Corporate2
 
(54,796
)
 
(69,331
)
 
(52,895
)
Income from operations
 
$
72,328

 
$
111,317

 
$
123,670

Depreciation and amortization:
 
 
 
 
 
 
Consumer Products3
 
$
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.
Summary of Geographic Information Regarding Net Sales
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