Special Charges

As part of our business strategy, the Company incurs amounts related to corporate-level decisions or actions by the Board of Directors. These actions are primarily associated with initiatives attributable to acquisition integration, restructuring and realignment of manufacturing operations and management structures as well as the pursuit of certain transaction opportunities when applicable. In addition, the Company evaluates its long-lived assets for impairment whenever events or changes in circumstances including the aforementioned, indicate that the carrying amounts may not be recoverable. These amounts are included in Special charges, net in the Consolidated Statements of Comprehensive Income (Loss).

A summary for each respective period is as follows:



In thousands	Three Months Ended June 30, 2015		Three Months Ended June 28, 2014		Six Months Ended June 30, 2015		Six Months Ended June 28, 2014
Restructuring and plant realignment costs	$	2,275	$	7,084	$	3,283	$	9,996
Acquisition and integration - Providência	1,099		12,449		2,192		14,880
Acquisition and integration - Fiberweb	1,366		4,446		3,182		7,480
Acquisition and integration - Dounor	397		—		821		—
Other charges	1,476		285		3,157		619
Total special charges, net	$	6,613	$	24,264	$	12,635	$	32,975

Restructuring and Plant Realignment Costs

The Company incurs costs associated with restructuring initiatives intended to result in improved operating performance, profitability and working capital levels. Actions associated with these initiatives include reducing headcount, improving manufacturing productivity, realignment of management structures, reducing corporate costs and rationalizing certain assets, businesses and employee benefit programs. Amounts incurred for the current and prior period primarily relate to cost improvement initiatives associated with the acquisition and integration of Fiberweb. In addition, the Company incurs costs associated with less significant ongoing restructuring initiatives resulting from the continuous evaluation of opportunities to optimize manufacturing facilities and manufacturing processes. Costs associated with these initiatives primarily relate to professional and consulting fees.

Acquisition and Integration - Providência

In association with the Providência Acquisition, the Company incurred direct acquisition costs associated with the transaction including investment banking, legal, accounting and other fees for professional services. Other costs included direct financing costs associated with both the Senior Unsecured Notes and the Incremental Amendment to the Term Loans. A majority of these costs have been capitalized as intangible assets on the Consolidated Balance Sheets as of the date of the Providência Acquisition. However, a portion related to the Incremental Term Loan were expensed as incurred. Costs incurred in the current period relate to integration activities and the Mandatory Tender Offer.

Acquisition and Integration - Fiberweb

In association with the Fiberweb Acquisition, the Company incurred direct acquisition costs associated with the transaction including investment banking, legal, accounting and other fees for professional services. Other expenses included direct financing costs associated with both the Secured Bridge Facility and the Unsecured Bridge Facility, as well as with the Term Loans. These costs have been capitalized as intangible assets on the Consolidated Balance Sheets as of the date of the Fiberweb Acquisition. In addition, the Company launched several initiatives during 2014 focused on the integration of Fiberweb into the existing operations and underlying processes of the Company. These initiatives include cost reduction initiatives and costs associated with integrating the back office activities of the combined business. As a result, the Company incurred costs directly associated with these activities which include legal, accounting and other fees for professional services.

Acquisition and Integration - Dounor

In association with the acquisition of Dounor, the Company incurred direct acquisition costs associated with the transaction including investment banking, legal, accounting and other fees for professional services. Other costs included direct financing costs associated with the Second Incremental Amendment to the Term Loans. A portion of these costs have been capitalized as intangible assets on the Consolidated Balance Sheets as of the date of the acquisition. The remainder are recorded within Debt modification and extinguishment costs in the Consolidated Statements of Comprehensive Income (Loss).

Other Charges

In general, other charges consist primarily of expenses related to the Company’s pursuit of other business opportunities. The Company reviews its business operations on an ongoing basis in light of current and anticipated market conditions and other factors and, from time to time, may undertake certain actions in order to optimize overall business, performance or competitive position. To the extent any such decisions are made, the Company would likely incur costs associated with such actions, which could be material. Other charges also include various corporate-level initiatives and most recently, the relocation of the Nanhai, China manufacturing facility.

Restructuring Reserve

Amounts accrued for Restructuring and Plant Realignment costs are included in Accounts payable and accrued liabilities in the Consolidated Balance Sheets. Changes in the Company's reserves for the respective periods presented are as follows:



In thousands	North America			South America			Europe			Asia			Corporate			Total
December 31, 2014	$	598		$	1,145		$	1,718		$	39		$	180		$	3,680
Additions	247			5			2,976			60			(5		)	3,283
Acquisitions	—			—			—			—			—			—
Cash payments	(586		)	(325		)	(2,146		)	(110		)	(173		)	(3,340		)
Adjustments	—			(77		)	(18		)	—			(3		)	(98		)
June 30, 2015	$	259		$	748		$	2,530		$	(11	)	$	(1	)	$	3,525

The Company accounts for its restructuring programs in accordance with ASC 712, "Compensation - Non-retirement Postemployment Benefits" ("ASC 712") and ASC 420, "Exit of Disposal Cost Obligations" ("ASC 420"). Costs incurred for the respective periods presented primarily consisted of employee separation and severance expenses. Programs in existence prior to the acquisition of Fiberweb are substantially complete as of June 30, 2015. As a result of the acquisition of Fiberweb, the Company has initiated a restructuring program to integrate and optimize the combined footprint. Total projected costs for these programs are expected to approximate $16.0 million and are substantially complete as of June 30, 2015. Cost incurred since the date of acquisition of Fiberweb total $13.4 million.

A summary of special charges by reportable segment is as follows:



In thousands	Restructuring and Plant Realignment Costs			Acquisition and Integration Costs		Other Special Charges			Total Special Charges, Net
For the three months ended June 30, 2015
North America	$	(1	)	$	150	$	105		$	254
South America	20			290		4			314
Europe	2,193			669		1			2,863
Asia	60			—		890			950
Corporate	3			1,753		476			2,232
Total	$	2,275		$	2,862	$	1,476		$	6,613

For the three months ended June 28, 2014
North America	$	579		$	1,251	$	182		$	2,012
South America	94			15		—			109
Europe	6,417			219		(1		)	6,635
Asia	(6		)	11		35			40
Corporate	—			15,399		69			15,468
Total	$	7,084		$	16,895	$	285		$	24,264

For the six months ended June 30, 2015
North America	$	247		$	640	$	176		$	1,063
South America	5			517		4			526
Europe	2,976			894		(4		)	3,866
Asia	60			—		2,083			2,143
Corporate	(5		)	4,144		898			5,037
Total	$	3,283		$	6,195	$	3,157		$	12,635

For the six months ended June 28, 2014
North America	$	782		$	1,751	$	355		$	2,888
South America	151			24		—			175
Europe	9,045			824		—			9,869
Asia	—			11		135			146
Corporate	18			19,750		129			19,897
Total	$	9,996		$	22,360	$	619		$	32,975