v2.4.0.8
Segment Information
 12 Months Ended
Dec. 28, 2013
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company is a leading global, technology-driven developer, producer and marketer of engineered materials, primarily focused on the production of nonwoven products. The Company operates through four reportable segments, with the main source of revenue being the sales of primary and intermediate products to consumer and industrial markets. The Company has one major customer that accounts for over 10% of its business, the loss of which would have a material adverse impact on reported financial results. Sales to this customer are reported within each of the the Nonwoven segments.
In April 2012, the Company approved the internal redesign and restructuring of its global operations for the purposes of realigning and repositioning the Company to consolidate the benefits of its global footprint, align resources and capabilities with future growth opportunities and provide for a more efficient structure to serve existing markets. The Company's segments are now as follows: Americas Nonwovens, Europe Nonwovens, Asia Nonwovens and Oriented Polymers segments. As part of the change, the Company eliminated the Latin America Nonwovens segment and merged it with the U.S. Nonwoven segment to create the Americas Nonwoven segment. Segment information for all years has been revised to reflect the new structure.
The accounting policies of the segments are the same as those described in the summary of significant accounting policies except that the segment results are prepared on a management basis that is consistent with the manner in which the Company desegregates financial information for internal review and decision making. Intercompany sales between the segments are eliminated.
In April 2011, the Company entered into an agreement to sell certain assets and the working capital of Difco. As a result, the Company accounted for the transaction as discontinued operations in accordance with ASC 205. Difco was previously reported as part of the Oriented Polymers segment. Segment information has been revised to exclude the results of this business for all periods presented.
Financial data by segment is as follows: 
 
Successor
 
 
Predecessor
In thousands
Fiscal Year Ended
December 28,
2013
 
Fiscal Year
Ended
December 29,
2012
 
Eleven Months
Ended
December 31,
2011
 
 
One Month
Ended
January 28,
2011
Net sales
 
 
 
 
 
 
 
 
Americas Nonwovens
$
660,792

 
$
641,532

 
$
613,355

 
 
$
46,093

Europe Nonwovens
316,400

 
294,120

 
297,869

 
 
24,305

Asia Nonwovens
172,597

 
156,746

 
135,591

 
 
9,403

Oriented Polymers
65,073

 
62,765

 
56,114

 
 
4,805

Total
$
1,214,862

 
$
1,155,163

 
$
1,102,929

 
 
$
84,606

 
 
 
 
 
 
 
 
 
Operating income (loss)
 
 
 
 
 
 
 
 
Americas Nonwovens
$
54,476

 
$
64,673

 
$
41,612

 
 
$
4,595

Europe Nonwovens
8,601

 
11,102

 
8,427

 
 
1,812

Asia Nonwovens
17,809

 
18,130

 
19,778

 
 
1,718

Oriented Polymers
4,729

 
3,362

 
1,802

 
 
553

Unallocated Corporate
(44,985
)
 
(40,586
)
 
(38,351
)
 
 
(3,603
)
Eliminations
(148
)
 
76

 
21

 
 
—

Subtotal
40,482

 
56,757

 
33,289

 
 
5,075

Special charges, net
(33,188
)
 
(19,592
)
 
(41,345
)
 
 
(20,824
)
Total
$
7,294

 
$
37,165

 
$
(8,056
)
 
 
$
(15,749
)
 
 
 
 
 
 
 
 
 
Depreciation and amortization expense
 
 
 
 
 
 
 
 
Americas Nonwovens
$
34,837

 
$
35,780

 
$
31,679

 
 
$
2,411

Europe Nonwovens
13,689

 
11,267

 
10,235

 
 
368

Asia Nonwovens
19,954

 
13,780

 
9,956

 
 
589

Oriented Polymers
1,396

 
1,496

 
1,306

 
 
36

Unallocated Corporate
1,816

 
1,718

 
1,584

 
 
68

Subtotal
71,692

 
64,041

 
54,760

 
 
3,472

Amortization of loan acquisition costs
4,796

 
2,665

 
2,530

 
 
51

Total
$
76,488

 
$
66,706

 
$
57,290

 
 
$
3,523

 
 
 
 
 
 
 
 
 
Capital spending
 
 
 
 
 
 
 
 
Americas Nonwovens
$
14,787

 
$
4,848

 
$
23,997

 
 
$
5,803

Europe Nonwovens
6,419

 
8,802

 
13,016

 
 
41

Asia Nonwovens
31,122

 
36,626

 
30,583

 
 
2,507

Oriented Polymers
958

 
672

 
375

 
 
38

Corporate
1,356

 
677

 
457

 
 
16

Total
$
54,642

 
$
51,625

 
$
68,428

 
 
$
8,405

 
In thousands
December 28,
2013
 
December 29,
2012
Division assets
 
 
 
Americas Nonwovens
$
700,725

 
$
513,765

Europe Nonwovens
403,184

 
202,139

Asia Nonwovens
265,729

 
248,790

Oriented Polymers
26,441

 
25,329

Corporate
42,826

 
32,046

Total
$
1,438,905

 
$
1,022,069


Geographic Data:
Export sales from the Successor's United States operations to unaffiliated customers were $20.1 million, $32.1 million and $37.9 million for the fiscal year ended December 28, 2013, the fiscal year ended December 29, 2012 and the eleven months ended December 31, 2011, respectively. For the one month ended January 28, 2011, export sales from the Predecessor's United States operations to unaffiliated customers were $3.0 million, respectively.
Geographic data for the Company's operations, based on the geographic region that the sale is made from, are presented as followings:
 
Successor
 
 
Predecessor
In thousands
Fiscal Year Ended
December 28,
2013
 
Fiscal Year
Ended
December 29,
2012
 
Eleven Months
Ended
December 31,
2011
 
 
One Month
Ended
January 28,
2011
Net sales
 
 
 
 
 
 
 
 
United States
$
380,836

 
$
357,193

 
$
330,347

 
 
$
26,409

Canada
60,808

 
57,312

 
50,989

 
 
4,529

Europe
316,401

 
294,120

 
297,869

 
 
24,305

Asia
172,596

 
156,746

 
135,591

 
 
9,402

Latin America
284,221

 
289,792

 
288,133

 
 
19,961

Total
$
1,214,862

 
$
1,155,163

 
$
1,102,929

 
 
$
84,606

In thousands
December 28,
2013
 
December 29,
2012
Property, plant and equipment, net
 
 
 
United States
$
179,136

 
$
105,335

Canada
5,026

 
5,707

Europe
156,758

 
89,678

Asia
158,006

 
137,196

Latin America
124,353

 
141,253

Total
$
623,279

 
$
479,169