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Segment Information | 6 Months Ended
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Jun. 30, 2019
Segment Reporting [Abstract] |
Segment Information | Segment Information Our reportable segments are described below. Consumer Products Our Consumer Products segment manufactures and sells a complete line of at-home tissue products, or retail products, and away-from-home tissue products, or non-retail products, and parent rolls. Retail products include bath, paper towels, facial and napkin product categories. Non-retail products include conventional one and two-ply bath tissue, two-ply paper towels, some facial tissue product categories, hard wound towels and dispenser napkins sold to customers with commercial and industrial tissue needs. Each category is further distinguished according to quality segments: ultra, premium, value and economy. Pulp and Paperboard Our Pulp and Paperboard segment manufactures and markets solid bleached sulfate paperboard for the high-end segment of the packaging industry as well as offers custom sheeting, slitting and cutting of paperboard. Our overall production consists primarily of folding carton, liquid packaging, cup and plate products and commercial printing grades. The majority of our Pulp and Paperboard customers are packaging converters, folding carton converters, merchants and commercial printers. The table below presents information about our reportable segments:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In thousands) | 2019 |  | 2018 |  | 2019 |  | 2018
Segment net sales: |  |  |  |  |  |  |
Consumer Products | $ | 224,340 |  |  | $ | 221,585 |  |  | $ | 447,676 |  |  | $ | 460,427 |
Pulp and Paperboard | 227,653 |  |  | 210,514 |  |  | 433,096 |  |  | 408,624 |
Total segment net sales | $ | 451,993 |  |  | $ | 432,099 |  |  | $ | 880,772 |  |  | $ | 869,051 |
Earnings (loss) before income taxes: |  |  |  |  |  |  |
Consumer Products 1 | $ | (5,133 | ) |  | $ | (3,604 | ) |  | $ | (3,862 | ) |  | $ | (1,975 | )
Pulp and Paperboard 1 | 33,587 |  |  | 34,192 |  |  | 62,975 |  |  | 60,346 |
| 28,454 |  |  | 30,588 |  |  | 59,113 |  |  | 58,371 |
Corporate 1 | (13,113 | ) |  | (12,207 | ) |  | (29,410 | ) |  | (28,451 | )
Income from operations | 15,341 |  |  | 18,381 |  |  | 29,703 |  |  | 29,920 |
Interest expense, net | (10,914 | ) |  | (7,723 | ) |  | (19,400 | ) |  | (15,743 | )
Non-operating pension and other postretirement benefit costs | (1,531 | ) |  | (1,187 | ) |  | (2,845 | ) |  | (2,466 | )
Earnings before income taxes | $ | 2,896 |  |  | $ | 9,471 |  |  | $ | 7,458 |  |  | $ | 11,711 |
Depreciation and amortization: |  |  |  |  |  |  |
Consumer Products | $ | 17,431 |  |  | $ | 14,220 |  |  | $ | 32,202 |  |  | $ | 28,517 |
Pulp and Paperboard | 9,491 |  |  | 9,361 |  |  | 18,976 |  |  | 18,790 |
Corporate | 1,595 |  |  | 1,596 |  |  | 3,175 |  |  | 3,037 |
Total depreciation and amortization | $ | 28,517 |  |  | $ | 25,177 |  |  | $ | 54,353 |  |  | $ | 50,344 |
1 | Income (loss) from operations for the Consumer Products, Pulp and Paperboard and Corporate segments for the three months ended June 30, 2018 include $0.2 million, $0.1 million and $0.8 million, respectively, of expenses associated with our selling, general, and administrative cost control measures. Income (loss) from operations for the Consumer Products, Pulp and Paperboard and Corporate segments for the six months ended June 30, 2018 include $1.7 million, $0.4 million and $4.1 million, respectively, of expenses associated with our selling, general and administrative cost control measures.
For the six months ended June 30, 2019, no customer accounted for more than 10% of our total company net sales. For the six months ended June 30, 2018, one customer, the Kroger Company, accounted for approximately 13.4% of our total company net sales. Net sales, classified by the major geographic areas in which our customers are located and by major products, were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In thousands) | 2019 |  | 2018 |  | 2019 |  | 2018
Primary geographical markets: |  |  |  |  |  |  |
United States | $ | 431,432 |  |  | $ | 412,231 |  |  | $ | 846,201 |  |  | $ | 833,051 |
Other countries | 20,561 |  |  | 19,868 |  |  | 34,571 |  |  | 36,000 |
Total net sales | $ | 451,993 |  |  | $ | 432,099 |  |  | $ | 880,772 |  |  | $ | 869,051 |
Major products: |  |  |  |  |  |  |
Paperboard | $ | 226,170 |  |  | $ | 210,514 |  |  | $ | 429,195 |  |  | $ | 408,624 |
Retail tissue | 210,514 |  |  | 197,767 |  |  | 415,099 |  |  | 417,609 |
Non-retail tissue | 12,263 |  |  | 23,765 |  |  | 30,732 |  |  | 40,724 |
Other | 3,046 |  |  | 53 |  |  | 5,746 |  |  | 2,094 |
Total net sales | $ | 451,993 |  |  | $ | 432,099 |  |  | $ | 880,772 |  |  | $ | 869,051 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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