SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of Consolidated Net Sales and Operating Income by Segment

Net sales by business segment is as follows:


	For the Three Months Ended March 31,
In thousands	2021		2020
Performance Materials Segment (1),(2):
Filtration Products	$	34,346	$	25,887
Sealing and Advanced Solutions Products	44,987		39,333
Performance Materials Segment net sales	79,333		65,220

Technical Nonwovens Segment:
Industrial Filtration Products	36,401		31,369
Advanced Materials Products (2)	25,274		26,034
Technical Nonwovens Segment net sales	61,675		57,403

Thermal Acoustical Solutions Segment:
Parts	86,494		77,321
Tooling	4,550		6,440
Thermal Acoustical Solutions Segment net sales	91,044		83,761





Eliminations and Other (2)	(4,953)		(5,857)
Consolidated Net Sales	$	227,099	$	200,527

Operating income (loss) by business segment is as follows:


	For the Three Months Ended March 31,
In thousands	2021		2020
Performance Materials (1),(3)	$	15,296	$	(56,941)
Technical Nonwovens (4)	5,104		3,813
Thermal Acoustical Solutions	1,674		5,628

Corporate Office Expenses	(9,935)		(8,068)
Consolidated Operating Income (Loss)	$	12,139	$	(55,568)

(1)The Performance Materials segment includes the results of the facility in German that the Company sold on March 11, 2021.

(2)Included in the Performance Materials segment, Technical Nonwovens segment, and Eliminations and Other is the following:

•Technical Nonwovens segment intercompany sales of $3.9 million and $5.0 million to the Thermal Acoustical Solutions segment for the three-month periods ended March 31, 2021 and 2020, respectively.

•Performance Materials segment intercompany sales of $1.0 million and $0.9 million to the Thermal Acoustical Solutions segment for the three-month periods ended March 31, 2021 and 2020, respectively.

(3)Included in the operating results within the Performance Materials segment are the following:

•$61.1 million of impairment charges related to goodwill and other long-lived assets for the three-month period ended March 31, 2020.

•$3.0 million and $4.0 million of intangible assets amortization for the three-month periods ended March 31, 2021 and 2020, respectively.

(4)Included in the Technical Nonwovens segment is the following:

• $1.1 million and $1.2 million of intangible assets amortization for the three-month periods ended March 31, 2021 and 2020, respectively.