EX-99.2 3 e49191ex99-2.htm EFFECT OF CHANGES Q1 2012

99.2   Effect of changes on amounts previously reported for Q1 2012.  
         
         
  USD 000's Q1 2012  Reclassify Primaloft  Q1 2012 
     As reported   to Discontinued   as restated 
Net sales Machine Clothing  $   164,288   $                       -   $      164,288 
  Composites        15,789               15,789 
  Primaloft          8,476                     (8,476)                  -  
  Total  $   188,553   $               (8,476)  $      180,077 
         
         
Gross margin Machine Clothing  $     67,998   $                       -   $        67,998 
  Composites          1,393                1,393 
  Primaloft          3,548                     (3,548)                  - 
  Non Segment         (1,105)              (1,105)
  Total  $     71,834   $               (3,548)  $        68,286 
         
         
Selling, technical  Machine Clothing  $     36,480   $                       -   $        36,480 
general and research Composites          1,364                1,364 
expenses Primaloft          1,992                     (1,992)                  - 
  Research          6,065                6,065 
  Non Segment        15,853               15,853 
  Total  $     61,754   $                (1,992)  $        59,762 
         
         
Pension settlement Non Segment  $      9,175   $                       -   $          9,175 
charge        
         
         
Restructuring Machine Clothing  $         673   $                        -  $            673 
included in segment  Composites                      - 
operating income Primaloft               -                            -                   - 
  Research               -                      - 
  Non Segment            (415)                 (415)
  Total  $         258   $                       -   $            258 
         
         
         
Operating income Machine Clothing  $     30,845   $                       -   $        30,845 
  Composites               29                     29 
  Primaloft          1,556                     (1,556)                  - 
  Research         (6,065)              (6,065)
  Non Segment       (25,718)             (25,718)
  Total  $         647   $                (1,556)  $           (909)