XML 95 R122.htm IDEA: XBRL DOCUMENT v2.4.0.8
Financial Guarantees and Condensed Consolidating Statement of Operations (Details) (USD $)
In Thousands, unless otherwise specified
1 Months Ended 3 Months Ended 11 Months Ended 12 Months Ended 1 Months Ended 11 Months Ended 12 Months Ended 1 Months Ended 11 Months Ended 12 Months Ended 1 Months Ended 11 Months Ended 12 Months Ended 1 Months Ended 11 Months Ended 12 Months Ended
Jan. 28, 2011
Predecessor
Dec. 28, 2013
Successor
Sep. 28, 2013
Successor
Jun. 29, 2013
Successor
Mar. 30, 2013
Successor
Dec. 29, 2012
Successor
Sep. 29, 2012
Successor
Jun. 30, 2012
Successor
Mar. 31, 2012
Successor
Dec. 31, 2011
Successor
Dec. 28, 2013
Successor
Dec. 29, 2012
Successor
Jan. 28, 2011
PGI (Issuer)
Predecessor
Dec. 31, 2011
PGI (Issuer)
Successor
Dec. 28, 2013
PGI (Issuer)
Successor
Dec. 29, 2012
PGI (Issuer)
Successor
Jan. 28, 2011
Guarantors
Predecessor
Dec. 31, 2011
Guarantors
Successor
Dec. 28, 2013
Guarantors
Successor
Dec. 29, 2012
Guarantors
Successor
Jan. 28, 2011
Non-Guarantors
Predecessor
Dec. 31, 2011
Non-Guarantors
Successor
Dec. 28, 2013
Non-Guarantors
Successor
Dec. 29, 2012
Non-Guarantors
Successor
Jan. 28, 2011
Eliminations
Predecessor
Dec. 31, 2011
Eliminations
Successor
Dec. 28, 2013
Eliminations
Successor
Dec. 29, 2012
Eliminations
Successor
Condensed Consolidating Statement of Operations                                                        
Net sales $ 84,606 $ 347,263 $ 288,979 $ 291,538 $ 287,082 $ 273,651 $ 290,097 $ 296,244 $ 295,171 $ 1,102,929 $ 1,214,862 $ 1,155,163 $ 0 $ 0 $ 0 $ 0 $ 27,052 $ 338,009 $ 392,212 $ 367,548 $ 58,887 $ 777,759 $ 844,997 $ 808,134 $ (1,333) $ (12,839) $ (22,347) $ (20,519)
Cost of goods sold (68,531)                 (932,523) (1,018,456) (957,917) 24 (70) (103) 131 (22,587) (296,226) (334,032) (319,537) (47,301) (649,066) (706,668) (659,030) 1,333 12,839 22,347 20,519
Gross profit 16,075 51,950 48,200 50,390 45,866 45,666 51,974 46,419 53,187 170,406 196,406 197,246 24 (70) (103) 131 4,465 41,783 58,180 48,011 11,586 128,693 138,329 149,104 0 0 0 0
Selling, general and administrative expenses (11,564)                 (134,483) (153,412) (140,776) (3,620) (35,025) (44,835) (40,053) (1,873) (23,943) (28,968) (24,190) (6,071) (75,515) (79,609) (76,533) 0 0 0 0
Special charges, net (20,824)                 (41,345) (33,188) (19,592) (18,944) (29,316) (22,080) (8,515) (170) (3,102) (1,381) (2,305) (1,710) (8,927) (9,727) (8,772) 0 0 0 0
Other operating, net 564                 (2,634) (2,512) 287 1 (696) 34 5 42 360 (442) 264 521 (2,298) (2,104) 18 0 0 0 0
Operating income (loss) (15,749)                 (8,056) 7,294 37,165 (22,539) (65,107) (66,984) (48,432) 2,464 15,098 27,389 21,780 4,326 41,953 46,889 63,817 0 0 0 0
Other income (expense):                                                        
Interest expense (1,922)                 (46,409) (55,974) (50,414) (1,859) (38,240) (51,558) (52,090) 1,176 16,206 14,655 21,192 (1,239) (24,375) (19,071) (19,516) 0 0 0 0
Intercompany royalty and technical service fees 0                 0 0 0 546 6,543 20,405 17,097 683 7,845 (4,445) (4,132) (1,229) (14,388) (15,960) (12,965) 0 0 0 0
Foreign currency and other, net (82)                 (18,636) (12,185) (5,134) (28) (15,478) (2,959) 18,938 (85) (718) (246) (18,901) 31 (2,440) (8,980) (5,171) 0 0 0 0
Equity in earnings of subsidiaries 0                 0 0 0 5,198 20,939 50,968 32,077 1,672 (19,608) (1,179) 19,260 0 0 0 0 (6,870) (1,331) (49,789) (51,337)
Income (loss) before income taxes (17,753)                 (73,101) (60,865) (18,383) (18,682) (91,343) (50,128) (32,410) 5,910 18,823 36,174 39,199 1,889 750 2,878 26,165 (6,870) (1,331) (49,789) (51,337)
Income tax (provision) benefit (549)                 3,272 22,593 (7,655) 479 15,172 11,890 6,372 (706) 1,868 14,745 (5,886) (322) (13,768) (4,042) (8,141) 0 0 0 0
Income (loss) from continuing operations (18,302)                 (69,829) (38,272) (26,038) (18,203) (76,171)     5,204 20,691     1,567 (13,018)     (6,870) (1,331)    
Discontinued operations, net of tax 182                 (6,283) 0 0 0 0     0 0     182 (6,283)     0 0    
Net income (loss) (18,120) (15,872) (8,267) (7,906) (6,227) (15,033) 1,354 (12,094) (265) (76,112) (38,272) (26,038) (18,203) (76,171) (38,238) (26,038) 5,204 20,691 50,919 33,313 1,749 (19,301) (1,164) 18,024 (6,870) (1,331) (49,789) (51,337)
Less: Earnings attributable to noncontrolling interests 83                 59 (34) 0 0 0 0   0 0 0   83 59 (34)   0 0 0  
Net income (loss) attributable to Polymer Group, Inc. (18,203) (15,838) (8,267) (7,906) (6,227)         (76,171) (38,238) (26,038) (18,203) (76,171) (38,238)   5,204 20,691 50,919   1,666 (19,360) (1,130)   (6,870) (1,331) (49,789)  
Comprehensive income (loss) $ (15,175)                 $ (73,362) $ (31,575) $ (43,678) $ (15,175) $ (73,300) $ (31,575) $ (43,678) $ 8,014 $ 53,290 $ 61,378 $ 17,536 $ 2,024 $ (3,081) $ (810) $ 481 $ (10,038) $ (50,271) $ (60,568) $ (18,017)