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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2018
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 nine months ended September 30, 2018 and 2017:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
2018
 
2017
 
2018
 
2017
Net Sales
 
 
 
 
 
 
 
PE Films
$
76,470

 
$
89,723

 
$
252,177

 
$
265,773

Flexible Packaging Films
33,725

 
26,628

 
90,466

 
79,925

Aluminum Extrusions
147,661

 
122,149

 
420,455

 
344,956

Total net sales
257,856

 
238,500

 
763,098

 
690,654

Add back freight
9,438

 
8,621

 
26,667

 
24,840

Sales as shown in the Consolidated Statements of Income
$
267,294

 
$
247,121

 
$
789,765

 
$
715,494

Operating Profit (Loss)
 
 
 
 
 
 
 
PE Films:
 
 
 
 
 
 
 
Ongoing operations
$
4,145

 
$
11,251

 
$
26,857

 
$
30,965

Plant shutdowns, asset impairments, restructurings and other
(2,355
)
 
(919
)
 
(4,542
)
 
(3,890
)
       Goodwill impairment charge
(46,792
)
 

 
(46,792
)
 

Flexible Packaging Films:
 
 
 
 
 
 
 
Ongoing operations
3,609

 
(1,074
)
 
6,617

 
(3,392
)
Plant shutdowns, asset impairments, restructurings and other

 

 

 
11,856

Aluminum Extrusions:
 
 
 
 
 
 
 
Ongoing operations
11,730

 
12,601

 
35,086

 
34,201

Plant shutdowns, asset impairments, restructurings and other
(297
)
 
(377
)
 
(396
)
 
(3,147
)
Total
(29,960
)
 
21,482

 
16,830

 
66,593

Interest income
6

 
42

 
290

 
171

Interest expense
1,318

 
1,757

 
4,539

 
4,579

Gain (loss) on investment in kaléo accounted for under fair value method
(2,100
)
 

 
11,900

 
24,800

Unrealized loss on investment property
(186
)
 

 
(186
)
 

Stock option-based compensation costs
415

 
111

 
806

 
153

Corporate expenses, net
6,926

 
6,960

 
21,668

 
20,985

Income (loss) before income taxes
(40,899
)
 
12,696

 
1,821

 
65,847

Income taxes (benefit)
(6,699
)
 
4,422

 
3,135

 
9,667

Net income (loss)
$
(34,200
)
 
$
8,274

 
$
(1,314
)
 
$
56,180

Schedule Of Identifiable Assets By Segment
The following table presents identifiable assets by segment at September 30, 2018 and December 31, 2017:
(In thousands)
September 30, 2018
 
December 31, 2017
PE Films
$
231,106

 
$
289,514

Flexible Packaging Films
53,661

 
49,915

Aluminum Extrusions
277,810

 
268,127

Subtotal
562,577

 
607,556

General corporate
91,583

 
111,696

Cash and cash equivalents
36,776

 
36,491

Total
$
690,936

 
$
755,743