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Segment Information
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
The following tables set forth financial and other information by segment for the period indicated:
Three months ended June 30,Six months ended June 30,
Dollars in thousands2022202120222021
Net Sales
Composite Fibers$123,338 $141,598 $259,167 $282,847 
Airlaid Material143,708 103,313 293,172 187,738 
Spunlace96,917 — 193,304 — 
Total$363,963 $244,911 $745,643 $470,585 
Operating income (loss)
Composite Fibers$5,779 $11,063 $5,444 $27,128 
Airlaid Material11,944 8,431 24,165 15,628 
Spunlace(1,808)— (3,380)— 
Other and unallocated(6,991)(11,371)(133,194)(17,314)
Total$8,924 $8,123 $(106,965)$25,442 
Depreciation and amortization
Composite Fibers$4,796 $7,000 $11,315 $13,981 
Airlaid Material7,542 6,767 15,171 12,615 
Spunlace2,945 — 5,859 — 
Other and unallocated1,169 966 2,591 1,870 
Total$16,452 $14,733 $34,936 $28,466 
Capital expenditures
Composite Fibers$4,131 $2,882 $10,258 $5,655 
Airlaid Material2,064 1,297 5,532 3,036 
Spunlace1,801 — 3,886 — 
Other and unallocated2,353 1,653 3,021 2,520 
Total10,349 5,832 $22,697 $11,211 
Tons shipped (metric)
Composite Fibers24,246 34,471 52,457 68,611 
Airlaid Material40,681 34,315 83,733 63,179 
Spunlace19,358 — 40,094 — 
Total84,285 68,786 176,284 131,790 
Segments Results of individual operating segments are presented based on our management accounting practices and management structure. There is no comprehensive, authoritative body of guidance for management accounting equivalent to accounting principles generally accepted in the United States of America; therefore, the financial results of individual segments are not necessarily comparable with similar information for any other company. The management accounting process uses assumptions and allocations to measure performance of the segments. Methodologies are refined from time to time as management accounting practices are enhanced and businesses change. The costs incurred by support areas not directly aligned with the segment are allocated primarily based on an estimated utilization of support area services or are included in “Other and Unallocated” in the table set forth above.
Management evaluates results of operations of the operating segments before certain corporate level costs and the effects of certain gains or losses not considered to be related to the core business operations. Management believes that this is a more meaningful representation of the operating performance of its core businesses, the profitability of the segments
and the extent of cash flow generated from these core operations. Such amounts are presented under the caption “Other and Unallocated.” In the evaluation of operating segments results, management does not use any measures of total assets. This presentation is aligned with the management and operating structure of our company. It is also on this basis that the Company’s performance is evaluated internally and by the Company’s Board of Directors.