Segment Information

9 Months Ended

Sep. 29, 2012

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company’s reportable segments consist of Americas Nonwovens, Europe Nonwovens, Asia Nonwovens, and Oriented Polymers. As a result of the internal redesign and restructuring discussed in Note 3 “Special Charges, Net”, the Company made a change in its reportable segments in order to appropriately reflect how the overall business is now managed by the Company’s senior management and reviewed by the Board of Directors. All past periods presented have been restated based on this reportable segment structure. The Nonwovens businesses sell to the same end-use markets, such as hygiene, healthcare, wipes and industrial markets. Sales to P&G accounted for more than 10% of the Company’s sales in each of the periods presented. Sales to this customer are reported primarily in the Nonwovens segments and the loss of these sales would have a material adverse effect on those segments.

The segment information presented in the table below excludes the results of Difco. As discussed in further detail in Note 4 “Discontinued Operations”, Difco is accounted for as discontinued operations in accordance with the guidance of ASC 205.

Financial data by segment is as follows (in thousands):

	Successor												Predecessor
	Three Months Ended September 29, 2012			Three Months Ended October 1, 2011			Nine Months Ended September 29, 2012			Eight Months Ended October 1, 2011			One Month Ended January 28, 2011
Net sales
Americas Nonwovens	$	163,321		$	180,118		$	494,750		$	450,936		$	46,093
Europe Nonwovens	67,825			79,956			219,506			221,947			24,305
Asia Nonwovens	42,900			39,982			115,771			95,842			9,403
Oriented Polymers	16,051			15,442			51,485			42,267			4,805
	$	290,097		$	315,498		$	881,512		$	810,992		$	84,606
Operating income (loss)
Americas Nonwovens	$	20,590		$	15,909		$	51,333		$	28,868		$	4,595
Europe Nonwovens	2,249			2,907			9,383			6,036			1,812
Asia Nonwovens	4,850			5,122			13,194			13,897			1,718
Oriented Polymers	779			556			3,800			898			553
Unallocated Corporate	(9,284		)	(11,670		)	(27,802		)	(28,592		)	(3,603		)
Eliminations	(19		)	(42		)	72			(28		)	—
	19,165			12,782			49,980			21,079			5,075
Special charges, net	(1,732		)	(1,399		)	(12,904		)	(29,467		)	(20,824		)
	$	17,433		$	11,383		$	37,076		$	(8,388	)	$	(15,749	)
Depreciation and amortization expense
Americas Nonwovens	$	9,460		$	8,882		$	26,825		$	23,036		$	2,411
Europe Nonwovens	2,858			2,813			8,111			7,440			368
Asia Nonwovens	3,322			3,285			10,141			6,530			589
Oriented Polymers	351			356			1,063			961			36
Unallocated Corporate	411			462			1,270			1,139			68
Depreciation and amortization expense included in operating income	16,402			15,798			47,410			39,106			3,472
Amortization of loan acquisition costs	686			684			2,056			1,845			51
	$	17,088		$	16,482		$	49,466		$	40,951		$	3,523
Capital spending
Americas Nonwovens	$	1,132		$	6,802		$	2,946		$	20,453		$	5,803
Europe Nonwovens	2,636			4,484			7,194			6,222			41
Asia Nonwovens	6,422			8,531			28,874			26,401			2,507
Oriented Polymers	284			—			454			266			38
Corporate	42			355			678			414			16
	$	10,516		$	20,172		$	40,146		$	53,756		$	8,405

	September 29, 2012		December 31, 2011
Division assets
Americas Nonwovens	$	531,686	$	564,424
Europe Nonwovens	212,722		218,151
Asia Nonwovens	233,338		228,448
Oriented Polymers	29,016		25,474
Corporate	43,369		23,623
Eliminations	439		458
	$	1,050,570	$	1,060,578