SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of Financial and Other Information by Segment

The following tables set forth financial and other information by segment for the period indicated:

	Three months ended September 30,				Nine months ended September 30,
Dollars in thousands	2023		2022		2023		2022
Net Sales
Airlaid Material	$	147,014	$	154,351	$	458,966	$	447,523
Composite Fibers	109,715		128,269		368,031		387,436
Spunlace	73,791		89,160		239,934		282,464
Inter-segment sales elimination	(599)		—		(1,797)		—
Total	$	329,921	$	371,780	$	1,065,134	$	1,117,423
Operating income (loss)
Airlaid Material	$	11,196	$	16,553	$	34,836	$	40,718
Composite Fibers	7,268		6,636		14,293		12,080
Spunlace	(1,053)		(4,671)		(4,390)		(8,051)
Other and unallocated	(14,758)		(52,585)		(46,458)		(185,779)
Total	$	2,653	$	(34,067)	$	(1,719)	$	(141,032)
Depreciation and amortization
Airlaid Material	$	7,553	$	7,400	$	22,876	$	22,571
Composite Fibers	3,898		3,961		11,760		15,276
Spunlace	3,289		2,954		9,857		8,813
Other and unallocated	953		1,231		2,901		3,822
Total	$	15,693	$	15,546	$	47,394	$	50,482
Capital expenditures
Airlaid Material	$	2,625	$	1,925	$	7,039	$	7,457
Composite Fibers	2,579		2,462		8,352		12,720
Spunlace	2,271		1,341		7,481		5,227
Other and unallocated	296		1,659		2,357		4,680
Total	$	7,771	$	7,387	$	25,229	$	30,084
Tons shipped (metric)
Airlaid Material	40,076		41,925		119,149		125,658
Composite Fibers	22,188		24,958		71,972		77,415
Spunlace	14,436		17,674		46,047		57,768
Inter-segment sales elimination	(328)		—		(925)		—
Total	76,372		84,557		236,243		260,841