Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Summarized Financial Information

Summarized financial information for the Company’s reportable segments is presented in the tables that follow for each of the three years ended December 31, 2014.

	Machine clothing		Roll Covers		Corporate			Eliminations			Total
2014
Net sales	$	347,003	$	195,929	$	—		$	—		$	542,932
Depreciation and amortization (1)	$	23,457	$	9,666	$	1,169		$	—		$	34,292
Segment Earnings (Loss)	$	89,305	$	41,172	$	(14,508	)	$	—
Total assets	$	475,945	$	222,355	$	670,988		$	(775,244	)	$	594,044
Capital expenditures	$	22,964	$	10,918	$	11,336		$	—		$	45,218
2013
Net sales	$	352,336	$	194,556	$	—		$	—		$	546,892
Depreciation and amortization (1)	$	26,148	$	10,133	$	122		$	—		$	36,403
Segment Earnings (Loss) (2)	$	79,852	$	41,256	$	(13,783	)	$	—
Total assets	$	497,109	$	229,105	$	712,704		$	(814,854	)	$	624,064
Capital expenditures	$	18,799	$	10,029	$	15,317		$	—		$	44,145
2012
Net sales	$	354,172	$	184,568	$	—		$	—		$	538,740
Depreciation and amortization (1)	$	29,818	$	10,852	$	168		$	—		$	40,838
Segment Earnings (Loss) (2)	$	66,731	$	34,365	$	(11,868	)	$	—
Total assets	$	490,283	$	224,288	$	698,944		$	(794,672	)	$	618,843
Capital expenditures	$	14,026	$	7,314	$	365		$	—		$	21,705

(1) Depreciation and amortization excludes amortization of financing costs, included in interest expense of $3,303, $2,963, and $3,424 for 2014, 2013 and 2012, respectively.

(2) During 2014, the Company adopted a global policy for allocating overhead costs to segments.  As a result of this change, segment earnings reclassifications were made to 2013 and 2012 to be on a consistent basis with 2014, increasing Clothing Segment Earnings and decreasing Rolls Segment Earnings by $3,922k and $3,847k for the years ending December 31, 2013 and December 31, 2012, respectively.

Reconciliation of Segment Earnings (Loss) to Income Before Provision for Income Taxes

Provided below is a reconciliation of Segment Earnings (Loss) to income before provision for income taxes for each of the three years in the period ended December 31:

	2014			2013			2012
Segment Earnings (Loss):
Machine clothing	$	89,305		$	79,852		$	66,731
Roll Covers	41,172			41,256			34,365
Corporate	(14,508		)	(13,783		)	(11,868		)
Stock-based compensation	(2,548		)	(1,736		)	(1,949		)
Legal fees related to debt refinancing	—			—			(115		)
Inventory write-off related to closed facilities	—			(954		)
Idle facility asset impairment	—			(667		)	(1,195		)
Non-recurring expenses related to CEO retirement	—			—			(3,385		)
Plant startup costs	(1,521		)	(401		)
Interest expense, net	(36,768		)	(40,681		)	(37,878		)
Depreciation and amortization (1)	(34,292		)	(36,403		)	(40,838		)
Restructuring expenses	(18,142		)	(14,844		)	(25,708		)
(Loss) gain on debt extinguishment	—			(3,123		)	243
Income (loss) before provision for income taxes	$	22,698		$	8,516		$	(21,597	)

(1) Excludes amortization of deferred finance costs that are charged to interest expense.

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

Information concerning principal geographic areas is set forth below. Net sales amounts are for the years ended December 31, 2014, 2013 and 2012 and property, plant and equipment amounts are as of December 31, 2014, 2013 and 2012.

	North America		Europe		Asia Pacific		Other		Total
2014
Net sales	$	207,839	$	182,788	$	101,596	$	50,709	$	542,932
Property, plant and equipment	$	98,421	$	113,217	$	50,038	$	41,941	$	303,617
2013
Net sales	$	208,746	$	189,696	$	101,516	$	46,934	$	546,892
Property, plant and equipment	$	103,179	$	125,857	$	30,733	$	49,895	$	309,664
2012
Net sales	$	202,554	$	183,822	$	101,758	$	50,606	$	538,740
Property, plant and equipment	$	97,270	$	125,980	$	29,977	$	55,579	$	308,806