Business Segment and Geographical Information (Tables)

12 Months Ended

Dec. 28, 2013

Business Segment and Geographical Information [Abstract]

Business segment information

The Company's Papermaking Systems segment develops, manufactures, and markets stock-preparation systems and equipment; fluid-handling systems; and doctoring, cleaning, and filtration systems and related consumables for the pulp and paper industry worldwide. Principal products manufactured by this segment include: custom-engineered systems and equipment for the preparation of wastepaper for conversion into recycled paper; fluid-handling systems used primarily in the dryer section of the papermaking process and during the production of corrugated boxboard, metals, plastics, rubber, textiles, chemicals, and food; doctoring systems and equipment and related consumables important to the efficient operation of paper machines; and cleaning and filtration systems essential for draining, purifying, and recycling process water and cleaning paper machine fabrics and rolls. The Wood Processing Systems segment designs and manufactures stranders and related equipment used in the production of oriented strand board, an engineered wood panel product used primarily in home construction. This segment also supplies debarking and wood chipping equipment used in the forest products and the pulp and paper industries. The Fiber-based Products business produces biodegradable absorbent granules from papermaking byproducts. These granules are primarily used as carriers for agricultural, home lawn and garden, and professional lawn, turf and ornamental applications, as well as for oil and grease absorption.

(In thousands)	2013			2012			2011
Business Segment Information
Revenues by Product Line:
Papermaking Systems:
Stock-Preparation	$	122,704		$	123,952		$	131,914
Doctoring, Cleaning, & Filtration		112,600			104,493			92,333
Fluid-Handling		93,404			92,581			100,618
Papermaking Systems	$	328,708		$	321,026		$	324,865
Wood Processing Systems		4,573			–			–
Fiber-based Products		11,218			10,725			10,595
	$	344,499		$	331,751		$	335,460
Income from Continuing Operations Before Provision for Income Taxes:
Papermaking Systems (a)	$	47,144		$	48,618		$	50,869
Wood Processing Systems		(382	)		–			–
Corporate and Fiber-based Products		(13,459	)		(12,174	)		(12,159	)
Total operating income		33,303			36,444			38,710
Interest expense, net		(277	)		(514	)		(567	)
	$	33,026		$	35,930		$	38,143

(In thousands)	2013		2012		2011
Total Assets:
Papermaking Systems	$	364,102	$	347,540	$	340,227
Wood Processing Systems		63,493		-		-
Corporate and Fiber-based Products (b)		14,429		10,895		16,496
Total Assets from Continuing Operations		442,024		358,435		356,723
Total Assets from Discontinued Operation		144		513		1,675
	$	442,168	$	358,948	$	358,398
Depreciation and Amortization:
Papermaking Systems	$	8,434	$	7,903	$	7,455
Other		1,341		481		481
	$	9,775	$	8,384	$	7,936
Capital Expenditures:
Papermaking Systems	$	5,843	$	3,982	$	7,751
Other		418		268		279
	$	6,261	$	4,250	$	8,030
Geographical Information
Revenues (c):
United States	$	129,131	$	128,663	$	123,614
China		50,678		53,242		62,615
Other		164,690		149,846		149,231
	$	344,499	$	331,751	$	335,460
Long-lived Assets (d):
United States	$	14,118	$	13,702	$	14,578
China		14,603		15,136		15,789
Other		16,164		10,330		9,728
	$	44,885	$	39,168	$	40,095
Export Revenues Included in United States Revenues Above (e)	$	9,685	$	20,871	$	16,512

(a) Includes restructuring costs and other expense (income), net, including costs of $0.1 million and $0.3 million in 2013 and 2012, respectively, and income of $1.9 million in 2011 (see Note 8).

(b) Primarily includes cash and cash equivalents and property, plant, and equipment.

(c) Revenues are attributed to countries based on customer location.

(d) Represents property, plant, and equipment, net.

(e) In general, export revenues are denominated in U.S. dollars.