v2.4.0.8
Segment Information
 3 Months Ended
Mar. 29, 2014
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.
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.
Financial data by segment is as follows: 
In thousands
Three Months
Ended
March 29,
2014
 
Three Months
Ended
March 30,
2013
Net sales:
 
 
 
Americas Nonwovens
$
213,518

 
$
153,004

Europe Nonwovens
143,621

 
78,274

Asia Nonwovens
47,515

 
37,967

Oriented Polymers
17,930

 
17,837

Total
$
422,584

 
$
287,082

 
 
 
 
Operating income (loss):
 
 
 
Americas Nonwovens
$
19,195

 
$
11,474

Europe Nonwovens
6,235

 
3,292

Asia Nonwovens
4,152

 
4,553

Oriented Polymers
1,256

 
1,593

Unallocated Corporate
(13,254
)
 
(9,692
)
Eliminations
(36
)
 
(36
)
Subtotal
17,548

 
11,184

Special charges, net
(8,711
)
 
(1,804
)
Total
$
8,837

 
$
9,380

 
 
 
 
Depreciation and amortization expense:
 
 
 
Americas Nonwovens
$
11,828

 
$
8,317

Europe Nonwovens
5,925

 
3,059

Asia Nonwovens
5,572

 
3,389

Oriented Polymers
337

 
348

Unallocated Corporate
340

 
432

Subtotal
24,002

 
15,545

Amortization of loan acquisition costs
1,026

 
607

Total
$
25,028

 
$
16,152

 
 
 
 
Capital spending:
 
 
 
Americas Nonwovens
$
8,219

 
$
818

Europe Nonwovens
2,509

 
548

Asia Nonwovens
2,600

 
12,559

Oriented Polymers
41

 
125

Corporate
746

 
267

Total
$
14,115

 
$
14,317

 
In thousands
March 29,
2014
 
December 28,
2013
Division assets:
 
 
 
Americas Nonwovens
$
692,172

 
$
700,725

Europe Nonwovens
376,877

 
403,184

Asia Nonwovens
256,983

 
265,729

Oriented Polymers
25,889

 
26,441

Corporate
78,116

 
42,826

Total
$
1,430,037

 
$
1,438,905