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Segment Information - (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting Information [Line Items]

Disaggregation of Revenue [Table Text Block]

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

Reportable Segments Information

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 Products1	$	(5,133	)		$	(3,604	)		$	(3,862	)		$	(1,975	)
Pulp and Paperboard1	33,587				34,192				62,975				60,346
	28,454				30,588				59,113				58,371
Corporate1	(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.

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 Products1	$	(5,133	)		$	(3,604	)		$	(3,862	)		$	(1,975	)
Pulp and Paperboard1	33,587				34,192				62,975				60,346
	28,454				30,588				59,113				58,371
Corporate1	(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

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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