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Business Segment Information (Tables)
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Disaggregation of Revenue The following table presents sales by product category for the fine paper and packaging business:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
Graphic Imaging
 
69
%
 
78
%
 
74
%
 
79
%
Packaging
 
31
%
 
22
%
 
26
%
 
21
%
Total
 
100
%
 
100
%
 
100
%
 
100
%

The following table presents sales by product category for the technical products business:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
Performance Materials
 
57
%
 
58
%
 
58
%
 
58
%
Filtration
 
43
%
 
42
%
 
42
%
 
42
%
Total
 
100
%
 
100
%
 
100
%
 
100
%
Schedule of net sales and operating income for each of the Company's business segment
The following tables summarize the net sales and operating income (loss) for each of the Company’s business segments: 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
Net sales
 
 

 
 

 
 
 
 
Technical Products
 
$
106.1

 
$
146.4

 
$
248.3

 
$
286.4

Fine Paper and Packaging
 
55.3

 
107.0

 
146.7

 
206.7

Consolidated
 
$
161.4

 
$
253.4

 
$
395.0

 
$
493.1


 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2020 (a)
 
2019 (c)
 
2020 (b)
 
2019 (c)
Operating income (loss)
 
 

 
 

 
 
 
 
Technical Products
 
$
(47.3
)
 
$
12.5

 
$
(31.1
)
 
$
23.8

Fine Paper and Packaging
 
(4.1
)
 
12.9

 
10.7

 
24.8

Unallocated corporate costs
 
(7.1
)
 
(5.6
)
 
(14.5
)
 
(11.4
)
Consolidated
 
$
(58.5
)
 
$
19.8

 
$
(34.9
)
 
$
37.2


(a)
Operating income (loss) for the three months ended June 30, 2020 included (1) $55.3 million of asset restructuring and impairment costs ($51.6 million within Technical Products and $3.7 million within Fine Paper and Packaging) related to the impairment of certain long-lived assets, as well as the idling of a paper machine and other smaller assets and related severance costs; (2) $1.9 million of loss on debt extinguishment ($0.1 million within Technical Products and $1.8 million within Unallocated corporate costs) related to the redemption of the 2021 Senior Notes and resizing of the Global Revolving Credit Facility; (3) $0.4 million of incremental and direct costs of responding to COVID-19 ($0.1 million within Technical Products, $0.1 million within Fine Paper and Packaging and $0.2 million within Unallocated corporate costs); (4) $1.3 million of other restructuring and non-routine costs ($0.2 million within Technical Products, $0.8 million within Fine Paper and Packaging, and $0.3 million within Unallocated corporate costs); and (5) $0.1 million of due diligence and transaction costs of a terminated acquisition attempt within Unallocated corporate costs. Refer to Note 10, "Asset Restructuring and Impairment Costs", Note 5, "Debt", and Note 1, "Background and Basis of Presentation" for further discussion.
(b)
Operating income for the six months ended June 30, 2020 included (1) $55.3 million of asset restructuring and impairment costs ($51.6 million within Technical Products and $3.7 million within Fine Paper and Packaging) related to the impairment of certain long-lived assets, as well as the idling of a paper machine and other smaller assets and related severance costs; (2) $1.9 million of loss on debt extinguishment ($0.1 million within Technical Products and $1.8 million within Unallocated corporate costs) related to the redemption of the 2021 Senior Notes and resizing of the Global Revolving Credit Facility; (3) $1.5 million of incremental and direct costs of responding to COVID-19 ($0.7 million within Technical Products and $0.6 million within Fine Paper and Packaging and $0.2 million within Unallocated corporate costs); (4) $2.7 million of other restructuring and non-routine costs ($0.4 million within Technical Products, $1.7 million within Fine Paper and Packaging, and $0.6 million within Unallocated corporate costs); and (5) $1.1 million of due diligence and transaction costs of a terminated acquisition attempt within Unallocated corporate costs. Refer to Note 10, "Asset Restructuring and Impairment Costs", Note 5, "Debt", and Note 1, "Background and Basis of Presentation" for further discussion.
(c)
Operating income (loss) for the three and six months ended June 30, 2019 included (1) $3.0 million of non-routine costs within Fine Paper and Packaging, including $2.0 million of accelerated depreciation and spare parts inventory reserves related to an idled paper machine, a $0.6 million accrual for a 2012-15 indirect tax audit and a $0.4 million inventory reserve related to termination of a royalty arrangement; (2) a $0.4 million expense within Technical Products, primarily related to a 2016 electricity grid charge; and (3) $0.1 million of restructuring expenses within unallocated corporate costs.
Revenue from External Customers by Geographic Areas
The following tables represent a disaggregation of revenue from contracts with customers by location of the selling entities for the three and six months ended June 30, 2020 and 2019:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
United States
 
70
%
 
73
%
 
70
%
 
72
%
Germany
 
24
%
 
20
%
 
23
%
 
21
%
Rest of Europe
 
6
%
 
7
%
 
7
%
 
7
%
Total
 
100
%
 
100
%
 
100
%
 
100
%