SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Consolidated Net Sales and Operating Income by Segment

Net sales by business segment is as follows:

	For the Three Months Ended				For the Six Months Ended
In thousands	June 30, 2021		June 30, 2020		June 30, 2021		June 30, 2020
Performance Materials Segment (1),(2):
Filtration Products	$	34,066	$	29,636	$	68,412	$	55,523
Sealing and Advanced Solutions Products	43,120		28,837		88,107		68,170
Performance Materials Segment net sales	77,186		58,473		156,519		123,693
Technical Nonwovens Segment:
Industrial Filtration Products	35,411		29,413		71,812		60,782
Advanced Materials Products (2)	37,068		22,594		62,342		48,628
Technical Nonwovens Segment net sales	72,479		52,007		134,154		109,410
Thermal Acoustical Solutions Segment:
Parts	71,222		32,448		157,716		109,769
Tooling	5,636		5,000		10,186		11,440
Thermal Acoustical Solutions Segment net sales	76,858		37,448		167,902		121,209
Eliminations and Other (2)	(4,779)		(1,768)		(9,732)		(7,625)
Consolidated Net Sales	$	221,744	$	146,160	$	448,843	$	346,687

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

	For the Three Months Ended				For the Six Months Ended
In thousands	June 30, 2021		June 30, 2020		June 30, 2021		June 30, 2020
Performance Materials (1),(3)	$	14,853	$	5,443	$	30,149	$	(51,498)
Technical Nonwovens (4)	8,765		6,684		13,869		10,497
Thermal Acoustical Solutions	(1,500)		(6,285)		174		(657)
Corporate Office Expenses	(12,704)		(7,588)		(22,639)		(15,656)
Consolidated Operating Income (Loss)	$	9,414	$	(1,746)	$	21,553	$	(57,314)

(1)For the six-month period ended June 30, 2021, the Performance Materials segment includes the results of the German facility 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:

•Performance Materials segment intercompany sales to the Thermal Acoustical Solutions segment were as follows:

◦$1.0 million and $0.3 million for the three-month periods ended June 30, 2021 and 2020, respectively.

◦$2.1 million and $1.2 million for the six-month periods ended June 30, 2021 and 2020, respectively.

•Technical Nonwovens segment intercompany sales to the Thermal Acoustical Solutions segment were as follows:

◦$3.6 million and $1.4 million for the three-month periods ended June 30, 2021 and 2020, respectively.

◦$7.5 million and $6.4 million for the six-month periods ended June 30, 2021 and 2020, respectively.

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

•Impairment charges of $61.1 million related to goodwill and other long-lived assets for the six-month period ended June 30, 2020.

•Intangible asset amortization as follows:

◦$3.0 million and $4.0 million for the three-month periods ended June 30, 2021 and 2020, respectively.

◦$6.1 million and $7.9 million for the six-month periods ended June 30, 2021 and 2020, respectively.

(4)Included in the Technical Nonwovens segment is intangible assets amortization as follows:

•$1.1 million and $1.2 million for the three-month periods ended June 30, 2021 and 2020, respectively.

•$2.1 million and $2.3 million for the six-month periods ended June 30, 2021 and 2020, respectively.