XML 57 R45.htm IDEA: XBRL DOCUMENT v3.3.1.900
Note 20 - Business Segment Information (Tables)
6 Months Ended
Dec. 27, 2015
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
 
For the Three Months Ended
Dec
ember 27, 2015
 
 
 
Polyester
   
Nylon
   
International
   
All Other
   
Total
 
Net sales
  $ 89,814     $ 40,367     $ 24,812     $ 1,343     $ 156,336  
Cost of sales
    78,001       34,653       20,431       1,438       134,523  
Gross profit (loss)
    11,813       5,714       4,381       (95 )     21,813  
Segment depreciation expense
    2,736       515       192       162       3,605  
Segment Profit
  $ 14,549     $ 6,229     $ 4,573     $ 67     $ 25,418  
 
 
For the Three Months Ended
Dece
mber 28, 2014
 
 
 
Polyester
 
 
Nylon
 
 
International
 
 
All Other
 
 
Total
 
Net sales
  $ 90,431     $ 39,212     $ 33,506     $ 1,273     $ 164,422  
Cost of sales
    78,099       33,584       28,429       1,381       141,493  
Gross profit (loss)
    12,332       5,628       5,077       (108 )     22,929  
Segment depreciation expense
    2,442       470       658       109       3,679  
Segment Profit
  $ 14,774     $ 6,098     $ 5,735     $ 1     $ 26,608  
 
 
For the
Six
Months Ended
Dec
ember 27, 2015
 
 
 
Polyester
 
 
Nylon
 
 
International
 
 
All Other
 
 
Total
 
Net sales
  $ 180,382     $ 81,043     $ 54,183     $ 2,893     $ 318,501  
Cost of sales
    159,280       69,147       44,211       3,066       275,704  
Gross profit (loss)
    21,102       11,896       9,972       (173 )     42,797  
Segment depreciation expense
    5,547       1,033       413       314       7,307  
Segment Profit
  $ 26,649     $ 12,929     $ 10,385     $ 141     $ 50,104  
 
 
For the
Six
Months Ended
Dece
mber 28, 2014
 
 
 
Polyester
 
 
Nylon
 
 
International
 
 
All Other
 
 
Total
 
Net sales
  $ 183,409     $ 83,922     $ 70,000     $ 2,652     $ 339,983  
Cost of sales
    160,801       73,145       59,610       3,048       296,604  
Gross profit (loss)
    22,608       10,777       10,390       (396 )     43,379  
Segment depreciation expense
    4,856       932       1,385       219       7,392  
Segment Profit (Loss)
  $ 27,464     $ 11,709     $ 11,775     $ (177 )   $ 50,771  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
 
 
For the Three Months Ended
 
 
 
Dec
ember 27, 2015
 
 
Dec
ember 28, 2014
 
Polyester
  $ 11,813     $ 12,332  
Nylon
    5,714       5,628  
International
    4,381       5,077  
All Other category
    (95 )     (108 )
Segment gross profit
    21,813       22,929  
SG&A expenses
    12,419       12,971  
Provision for bad debts
    559       62  
Other operating expense (income), net
    206       (38 )
Operating income
    8,629       9,934  
Interest income
    (166 )     (309 )
Interest expense
    816       1,209  
Equity in earnings of unconsolidated affiliates
    (303 )     (3,281 )
Income before income taxes
  $ 8,282     $ 12,315  
 
 
For the
Six
Months Ended
 
 
 
Dec
ember 27, 2015
 
 
Dec
ember 28, 2014
 
Polyester
  $ 21,102     $ 22,608  
Nylon
    11,896       10,777  
International
    9,972       10,390  
All Other category
    (173 )     (396 )
Segment gross profit
    42,797       43,379  
SG&A expenses
    23,249       24,620  
Provision for bad debts
    1,172       646  
Other operating expense (income), net
    60       562  
Operating income
    18,316       17,551  
Interest income
    (329 )     (626 )
Interest expense
    1,800       2,028  
Equity in earnings of unconsolidated affiliates
    (3,163 )     (7,002 )
Income before income taxes
  $ 20,008     $ 23,151  
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block]
   
For the Six Months Ended
 
   
December 27, 2015
   
December 28, 2014
 
Polyester
 
$
23,437
 
 
$
12,026
 
Nylon
 
 
996
 
 
 
475
 
International
 
 
891
 
 
 
735
 
All Other category
 
 
1,716
 
 
 
43
 
Segment capital expenditures
 
 
27,040
 
 
 
13,279
 
Other capital expenditures
 
 
379
 
 
 
163
 
Capital expenditures
 
$
27,419
 
 
$
13,442
 
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
 
 
December 2
7
, 201
5
 
 
June 2
8
, 2015
 
Polyester
  $ 222,835     $ 203,574  
Nylon
    76,033       71,332  
International
    54,648       63,031  
Segment total assets     353,516       337,937  
Other current assets     8,898       4,687  
Other PP&E     17,156       13,544  
Other non-current assets     4,461       6,303  
Investments in unconsolidated affiliates     113,710       113,901  
Total assets   $ 497,741     $ 476,372