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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
The following table presents net sales and operating profit by segment for the three and six-month periods ended June 30, 2017 and 2016:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In Thousands)
2017
 
2016
 
2017
 
2016
Net Sales
 
 
 
 
 
 
 
PE Films
$
89,639

 
$
80,813

 
$
176,050

 
$
169,295

Flexible Packaging Films
26,588

 
27,207

 
53,297

 
53,585

Aluminum Extrusions
123,208

 
93,447

 
222,807

 
178,920

Total net sales
239,435

 
201,467

 
452,154

 
401,800

Add back freight
7,912

 
7,066

 
16,218

 
14,067

Sales as shown in the Consolidated Statements of Income
$
247,347

 
$
208,533

 
$
468,372

 
$
415,867

Operating Profit (Loss)
 
 
 
 
 
 
 
PE Films:
 
 
 
 
 
 
 
Ongoing operations
$
10,682

 
$
4,318

 
$
19,713

 
$
14,553

Plant shutdowns, asset impairments, restructurings and other
(904
)
 
(1,356
)
 
(2,972
)
 
(2,491
)
Flexible Packaging Films:
 
 
 
 
 
 
 
Ongoing operations
(319
)
 
(942
)
 
(2,317
)
 
1,090

Plant shutdowns, asset impairments, restructurings and other
11,856

 

 
11,856

 

Aluminum Extrusions:
 
 
 
 
 
 
 
Ongoing operations
11,772

 
10,859

 
21,601

 
18,359

Plant shutdowns, asset impairments, restructurings and other
1,571

 
(558
)
 
(2,769
)
 
(565
)
Total
34,658

 
12,321

 
45,112

 
30,946

Interest income
55

 
51

 
129

 
88

Interest expense
1,642

 
947

 
2,822

 
2,032

Gain on investment accounted for under fair value method
21,500

 
300

 
24,800

 
1,100

Stock option-based compensation costs
38

 
31

 
41

 
(7
)
Corporate expenses, net
7,502

 
6,969

 
14,026

 
14,886

Income before income taxes
47,031

 
4,725

 
53,152

 
15,223

Income taxes
2,827

 
1,317

 
5,246

 
4,533

Net income
$
44,204

 
$
3,408

 
$
47,906

 
$
10,690

Schedule Of Identifiable Assets By Segment
The following table presents identifiable assets by segment at June 30, 2017 and December 31, 2016:
(In Thousands)
June 30, 2017
 
December 31, 2016
PE Films
$
296,728

 
$
278,558

Flexible Packaging Films
152,311

 
156,836

Aluminum Extrusions
267,549

 
147,639

Subtotal
716,588

 
583,033

General corporate
67,347

 
38,618

Cash and cash equivalents
24,026

 
29,511

Total
$
807,961

 
$
651,162