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Capitalized Interest
6 Months Ended
Jun. 30, 2018
Interest Expense [Abstract]  
Capitalized Interest

12.

CAPITALIZED INTEREST

 

The following table sets forth details of interest incurred, capitalized and expensed:

 

 

 

Three months ended

June 30

 

 

Six months ended

June 30

 

In thousands

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Interest cost incurred

 

$

5,814

 

 

$

4,880

 

 

$

11,405

 

 

$

9,477

 

Interest capitalized

 

 

-

 

 

 

404

 

 

 

396

 

 

 

993

 

Interest expense

 

$

5,814

 

 

$

4,476

 

 

$

11,009

 

 

$

8,484

 

 

Capitalized interest primarily relates to spending for the Airlaid capacity expansion project in 2017 and 2018 and the Specialty Papers’ environmental compliance project in 2017.