Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of Financial Data by Reporting Segment

The following tables show data by reportable segment, reconciled to consolidated totals included in the financial statements:

	Three months ended March 31,
(in thousands)	2013		2012
Net sales
Machine Clothing	$167,409		$164,288
Engineered Composites	19,245		15,789
Consolidated total	$186,654		$180,077
Operating income/(loss)
Machine Clothing	$42,908		$30,845
Engineered Composites	(2,063	)	29
Research expense	(6,991	)	(6,065	)
Unallocated expenses	(11,336	)	(25,718	)
Operating income/(loss) before reconciling items	22,518		(909	)
Reconciling items:
Interest income	(299	)	(84	)
Interest expense	4,324		4,728
Other expense/ (income), net	734		4,548
Income/(loss) from continuing operations before income taxes	$17,759		($10,101	)

Schedule of Restructuring Costs by Reporting Segment

The table below presents pension settlement and restructuring costs by reportable segment (also see Note 5):

	Three months ended March 31,
(in thousands)	2013	2012
Pension settlement
Unallocated expenses	$ -	$9,175

Restructuring expense
Machine Clothing	$193	$673
Engineered Composites	443	-
Unallocated expenses	-	(415	)
Consolidated total	$636	$258

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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