Neenah (NP) 10-Q 8 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 25, 2014
Document and Entity Information	'	'
Entity Registrant Name	'Neenah Paper Inc	'
Entity Central Index Key	'0001296435	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	16,560,000
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
In Millions, except Share data in Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS	'	'
Net sales	$225.10	$213.20
Cost of products sold	181.7	169.7
Gross profit	43.4	43.5
Selling, general and administrative expenses	19.9	21
Integration/restructuring costs	0.3	0.1
Other expense - net	0.2	0.2
Operating income	23	22.2
Interest expense - net	2.8	2.6
Income from continuing operations before income taxes	20.2	19.6
Provision for income taxes	7	7.5
Income from continuing operations	13.2	12.1
Income from discontinued operations, net of income taxes (Note 11)	'	2.6
Net income	$13.20	$14.70
Basic	'	'
Continuing operations (in dollars per share)	$0.79	$0.74
Discontinued operations (in dollars per share)	'	$0.16
Total Basic (in dollars per share)	$0.79	$0.90
Diluted	'	'
Continuing operations (in dollars per share)	$0.78	$0.73
Discontinued operations (in dollars per share)	'	$0.16
Total Diluted (in dollars per share)	$0.78	$0.89
Weighted Average Common Shares Outstanding (in thousands)	'	'
Basic (in shares)	16,459	15,944
Diluted (in shares)	16,769	16,253
Cash Dividends Declared Per Share of Common Stock (in dollars per share)	$0.24	$0.15

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME	'	'
Net income	$13.20	$14.70
Unrealized foreign currency translation loss	'	-5.8
Net gain from adjustments to pension and other postretirement benefit liabilities	'	6.6
Reclassification of amortization of adjustments to pension and other postretirement benefit liabilities recognized in net periodic benefit cost (Note 6)	1.1	1.8
Income from other comprehensive income items	1.1	2.6
Provision for income taxes	0.4	3.2
Other comprehensive income (loss)	0.7	-0.6
Comprehensive income	$13.90	$14.10

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Current Assets	'	'
Cash and cash equivalents	$77.20	$73.40
Accounts receivable (less allowances of $1.6 million and $1.5 million)	111.5	90.5
Inventories	104.7	101.1
Income taxes receivable	0.6	0.6
Deferred income taxes	21.2	22.8
Prepaid and other current assets	14.7	17
Total Current Assets	329.9	305.4
Property, Plant and Equipment, at cost	639.3	637.1
Less accumulated depreciation	380.9	375.4
Property, plant and equipment-net	258.4	261.7
Deferred Income Taxes	11.4	13.3
Goodwill	43.1	43.1
Intangible Assets-net	38	38.5
Other Assets	13.9	13.9
TOTAL ASSETS	694.7	675.9
Current Liabilities	'	'
Debt payable within one year	14.9	21.4
Accounts payable	48.6	36.4
Accrued expenses	48.4	45.8
Total Current Liabilities	111.9	103.6
Long-term Debt	190.1	190.5
Deferred Income Taxes	15.4	15.6
Noncurrent Employee Benefits	93.2	97.7
Other Noncurrent Obligations	0.9	1
TOTAL LIABILITIES	411.5	408.4
Contingencies and Legal Matters (Note 10)	'	'
Stockholders' Equity	'	'
TOTAL STOCKHOLDERS' EQUITY	283.2	267.5
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$694.70	$675.90

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
CONDENSED CONSOLIDATED BALANCE SHEETS	'	'
Accounts receivable, allowances (in dollars)	$1.60	$1.50

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
OPERATING ACTIVITIES	'	'
Net income	$13.20	$14.70
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	7.2	7.2
Stock-based compensation	1.4	1.7
Excess tax benefits from stock-based compensation (Note 7)	-1.9	-0.3
Deferred income tax provision	4.7	6.9
Inventory acquired in acquisitions (Note 3)	'	-1.8
Increase in working capital	-6.8	-22.9
Pension and other postretirement benefits	-2.8	-3.1
Other	-0.2	'
NET CASH PROVIDED BY OPERATING ACTIVITIES	14.8	2.4
INVESTING ACTIVITIES	'	'
Capital expenditures	-4.3	-4.7
Purchase of brands (Note 3)	'	-5.2
Purchase of marketable securities	-0.1	'
Other	-0.1	0.1
NET CASH USED IN INVESTING ACTIVITIES	-4.5	-9.8
FINANCING ACTIVITIES	'	'
Proceeds from issuance of long-term debt	'	23.7
Repayments of long-term debt	'	-18.9
Repayments of short-term debt	-6.8	'
Shares purchased (Note 9)	-0.1	'
Proceeds from exercise of stock options	2.6	0.7
Excess tax benefits from stock-based compensation (Note 7)	1.9	0.3
Cash dividends paid	-4	-2.4
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES	-6.4	3.4
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	-0.1	'
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	3.8	-4
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	73.4	7.8
CASH AND CASH EQUIVALENTS, END OF PERIOD	77.2	3.8
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:	'	'
Cash paid during period for interest, net of interest expense capitalized	0.3	0.7
Cash paid during period for income taxes	1.2	2.4
Non-cash investing activities:	'	'
Liability for equipment acquired	0.9	1.1
Liability related to acquisition of brands	'	$0.60

Background_and_Basis_of_Presen

Background and Basis of Presentation	3 Months Ended
	Mar. 31, 2014
Background and Basis of Presentation	'
Background and Basis of Presentation	'
	Note 1.  Background and Basis of Presentation
	Background
	Neenah Paper, Inc. (“Neenah” or the “Company”), is a Delaware corporation incorporated in April 2004. The Company has two primary operations: its technical products business and its fine paper business.
	The technical products business is an international producer of transportation and other filter media and durable, saturated and coated substrates for industrial products backings and a variety of other end markets. The fine paper business is a supplier of premium writing, text and cover papers, bright papers and specialty papers primarily in North America. The Company’s premium writing, text and cover papers, and specialty papers are used in commercial printing and imaging applications for corporate identity packages, invitations, personal stationery and high-end advertising, as well as premium labels and luxury packaging.
	On January 31, 2013, the Company purchased certain premium business paper brands from the Southworth Company (“Southworth”) for a payment of $7.0 million. See Note 3, “Acquisitions.”
	Basis of Consolidation and Presentation
	These statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and, in accordance with those rules and regulations, do not include all information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”).  Management believes that the disclosures made are adequate for a fair presentation of the Company’s results of operations, financial position and cash flows. In the opinion of management, the condensed consolidated financial statements reflect all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the results of operations, financial position and cash flows for the interim periods presented herein.  The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make extensive use of estimates and assumptions that affect the reported amounts and disclosures.  Actual results may vary from these estimates.
	These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s most recent Annual Report on Form 10-K.  The results of operations for any interim period are not necessarily indicative of the results of operations to be expected for the full year.
	The condensed consolidated financial statements of Neenah and its subsidiaries included herein are unaudited, except for the December 31, 2013 condensed consolidated balance sheet, which was derived from audited financial statements.  The condensed consolidated financial statements include the financial statements of the Company and its wholly owned and majority owned subsidiaries. All significant intercompany balances and transactions have been eliminated from the condensed consolidated financial statements.
	Earnings per Share (“EPS”)
	Diluted EPS was calculated to give effect to all potentially dilutive non-participating common share equivalents using the “Treasury Stock” method. Outstanding stock options, stock appreciation rights (“SARs”) and target awards of Restricted Stock Units (“RSUs”) with performance conditions (“Performance Units”) represent the only potentially dilutive non-participating security effects on the Company’s weighted-average shares. For the three months ended March 31, 2014 and 2013, approximately 45,000 and 870,000 potentially dilutive options, respectively, were excluded from the computation of dilutive common shares because the exercise price of such options exceeded the average market price of the Company’s common stock for the period the options were outstanding.
	The following table presents the computation of basic and diluted EPS (dollars in millions except per share amounts, shares in thousands):
	Earnings Per Basic Common Share
		Three Months Ended March 31,
		2014			2013
	Income from continuing operations	$	13.2		$	12.1
	Distributed and undistributed amounts allocated to participating securities	(0.2		)	(0.3		)
	Income from continuing operations available to common stockholders	13			11.8
	Income from discontinued operations, net of income taxes	—			2.6
	Net income available to common stockholders	$	13		$	14.4
	Weighted-average basic shares outstanding	16,459			15,944
	Basic
	Continuing operations	$	0.79		$	0.74
	Discontinued operations	—			0.16
		$	0.79		$	0.9
	Earnings Per Diluted Common Share
		Three Months Ended March 31,
		2014			2013
	Income from continuing operations	$	13.2		$	12.1
	Distributed and undistributed amounts allocated to participating securities	(0.2		)	(0.2		)
	Income from continuing operations available to common stockholders	13			11.9
	Income from discontinued operations, net of income taxes	—			2.6
	Net income available to common stockholders	$	13		$	14.5
	Weighted-average basic shares outstanding	16,459			15,944
	Add: Assumed incremental shares under stock compensation plans	310			309
	Weighted-average diluted shares	16,769			16,253
	Diluted
	Continuing operations	$	0.78		$	0.73
	Discontinued operations	—			0.16
		$	0.78		$	0.89
	Fair Value of Financial Instruments
	The Company measures the fair value of financial instruments in accordance with Accounting Standards Codification (“ASC”) Topic 820, Fair Value Measurements and Disclosures (“ASC Topic 820”) which establishes a framework for measuring fair value. ASC Topic 820 provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).  The asset’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques attempt to maximize the use of observable inputs and minimize the use of unobservable inputs.
	The Company’s investments in marketable securities are accounted for as “available-for-sale securities” in accordance with ASC Topic 320, Investments — Debt and Equity Securities (“ASC Topic 320”). As of March 31, 2014, the cost and fair value of the Company’s marketable securities was $2.8 million and $2.7 million, respectively.  Fair value for the Company’s marketable securities was estimated from Level 1 inputs.  These marketable securities are classified as “Other Assets” on the condensed consolidated balance sheet and are restricted to the payment of benefits under the Company’s Supplemental Executive Retirement Plan (“SERP”).

Accounting_Standard_Changes

Accounting Standard Changes	3 Months Ended
	Mar. 31, 2014
Accounting Standard Changes	'
Accounting Standard Changes	'
	Note 2.  Accounting Standard Changes
	As of March 31, 2014, no amendments to the ASC had been issued that will have or are reasonably likely to have a material effect on the Company’s financial position, results of operations or cash flows.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2014
Acquisitions	'
Acquisitions	'
	Note 3.  Acquisitions
	On January 31, 2013, the Company purchased certain premium paper brands and other assets from Southworth. The Company made a payment of $7.0 million for (i) certain premium fine paper brands including Southworth®, which is the leading writing, text and cover brand sold in the retail channel, (ii) approximately one month of finished goods inventory valued at $1.8 million and (iii) certain converting equipment used for retail grades.  The results of the Southworth brands are reported in the Fine Paper segment from the date of acquisition.  For the three months ended March 31, 2013, the Company incurred $0.1 million of acquisition-related integration costs.

Supplemental_Balance_Sheet_Dat

Supplemental Balance Sheet Data	3 Months Ended
	Mar. 31, 2014
Supplemental Balance Sheet Data	'
Supplemental Balance Sheet Data	'
	Note 4.  Supplemental Balance Sheet Data
	The following table presents inventories by major class:
		March 31, 2014			December 31, 2013
	Raw materials	$	22.7		$	20.3
	Work in progress	22.9			22.9
	Finished goods	68.2			67.3
	Supplies and other	4.5			4.5
		118.3			115
	Adjust FIFO inventories to LIFO cost	(13.6		)	(13.9		)
	Total	$	104.7		$	101.1
	The FIFO values of inventories valued on the LIFO method were $90.6 million and $86.6 million as of March 31, 2014 and December 31, 2013, respectively.
	The following table presents changes in accumulated other comprehensive income (“AOCI”) for the three months ended March 31, 2014:
		Unrealized foreign			Net gain (loss) from			Accumulated other
		currency translation			pension and other			comprehensive
		gain			postretirement			income (loss)
					liabilities
	AOCI — December 31, 2013	$	17.9		$	(45.2	)	$	(27.3	)
	Other comprehensive income before reclassifications	—			—			—
	Amounts reclassified from AOCI	—			1.1			1.1
	Income from other comprehensive income items	—			1.1			1.1
	Provision for income taxes	—			0.4			0.4
	Other comprehensive income	—			0.7			0.7
	AOCI — March 31, 2014	$	17.9		$	(44.5	)	$	(26.6	)
	For the three months ended March 31, 2014, the Company reclassified $1.1 million of costs from accumulated other comprehensive income to cost of products sold and selling, general and administrative expenses on the Condensed Consolidated Statements of Operations. For the three months ended March 31, 2014, the Company recognized an income tax benefit of $0.4 million related to such reclassifications classified as Provision for income taxes on the Condensed Consolidated Statements of Operations.

Debt

Debt	3 Months Ended
	Mar. 31, 2014
Debt	'
Debt	'
	Note 5.  Debt
	Long-term debt consisted of the following:
		March 31, 2014		December 31, 2013
	2021 Senior Notes (5.25% fixed rate) due May 2021	$	175	$	175
	Neenah Germany revolving lines of credit (variable rates)	12.4		19.3
	German Loan Agreement (3.8% fixed rate) due in 16 equal semi-annual installments ending December 2016	5.2		5.2
	Second German Loan Agreement (2.5% fixed rate) due in 32 equal quarterly installments ending September 2022	12.4		12.4
	Total debt	205		211.9
	Less: Debt payable within one year	14.9		21.4
	Long-term debt	$	190.1	$	190.5
	Unsecured Senior Notes
	2021 Senior Notes
	In May 2013, the Company completed an underwritten offering of eight-year senior unsecured notes (the “2021 Senior Notes”) at a face amount of $175 million. The 2021 Senior Notes bear interest at a rate of 5.25%, payable in arrears on May 15 and November 15 of each year, commencing on November 15, 2013, and mature on May 15, 2021. The 2021 Senior Notes are fully and unconditionally guaranteed by substantially all of the Company’s domestic subsidiaries (the “Guarantors”). The 2021 Senior Notes have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold absent registration or an applicable exemption from registration requirements.
	The 2021 Senior Notes contain terms, covenants and events of default with which the Company must comply, which the Company believes are ordinary and standard for notes of this nature. As of March 31, 2014, the Company was in compliance with all terms of the indenture for the 2021 Senior Notes.
	Secured Bank Credit Facility
	In June 2013, the Company amended its bank credit agreement (as amended, the “Bank Credit Agreement”) to, among other things; (i) modify the Bank Credit Agreement’s accordion feature to permit the Company, subject to certain conditions, to increase the aggregate revolving credit facility commitments by up to $30 million, to a maximum amount of $180 million (ii) increase the Company’s allowable dividends paid to shareholders in any period of 12 consecutive months to $25 million, (iii) allow the Company to repurchase up to $30 million of its own common stock on or before December 31, 2014, and (iv) make certain definitional and administrative changes.
	As of March 31, 2014, the Company had a $105 million revolving credit facility (the “Revolver”) pursuant to the Bank Credit Agreement of which no amounts were outstanding. As of March 31, 2014, the Company had $104.0 million of available credit under the Revolver.
	Terms, Covenants and Events of Default. If borrowing availability under the Revolver is less than $20 million, the Company is required to achieve a fixed charge coverage ratio (as defined in the Bank Credit Agreement) of not less than 1.1 to 1.0 for the preceding four-quarter period, tested as of the end of each quarter. As of March 31, 2014, the Company was in compliance with all terms of the Bank Credit Agreement.
	The Company’s ability to pay cash dividends on its common stock is limited under the terms of both the Bank Credit Agreement and the 2021 Senior Notes. As of March 31, 2014, the Company’s ability to pay cash dividends on its common stock was limited to a total of $25 million in a 12-month period.
	Other Debt
	German Project Financing
	German Loan Agreement.  As of March 31, 2014, Neenah Germany had €3.7 million ($5.2 million, based on exchange rates at March 31, 2014) outstanding under a 10-year agreement with HypoVereinsbank and IKB Deutsche Industriebank AG (the “German Loan Agreement”).
	Second German Loan Agreement.  As of March 31, 2014, Neenah Germany had €9.0 million ($12.4 million, based on exchange rates at March 31, 2014) outstanding under a project financing agreement (the “Second German Loan Agreement”).  The Second German Loan Agreement matures in September 2022 and principal is repaid in equal quarterly installments beginning in December 2014.
	German Lines of Credit
	HypoVereinsbank Line of Credit.  Neenah Germany has a revolving line of credit with HypoVereinsbank (the “HypoVereinsbank Line of Credit”) that provides for secured borrowings of up to €15 million for general corporate purposes. As of March 31, 2014, €5.0 million ($6.9 million, based on exchange rates at March 31, 2014) was outstanding and €10.0 million ($13.7 million, based on exchange rates at March 31, 2014) of credit was available under the HypoVereinsbank Line of Credit.
	Commerzbank Line of Credit.  Neenah Germany has a revolving line of credit with Commerzbank AG (“Commerzbank”) that provides for borrowings of up to €5 million for general corporate purposes (the “Commerzbank Line of Credit. As of March 31, 2014, €4.0 million ($5.5 million, based on exchange rates at March 31, 2014) was outstanding and €1.0 million ($1.4 million, based on exchange rates at March 31, 2014) of credit was available under the Commerzbank Line of Credit.
	Restrictions under German Credit Facilities
	The terms of the HypoVereinsbank and Commerzbank lines of credit require Neenah Germany to maintain a ratio of stockholders’ equity to total assets equal to or greater than 45 percent. The Company was in compliance with all provisions of the HypoVereinsbank and Commerzbank lines of credit as of March 31, 2014.

Pension_and_Other_Postretireme

Pension and Other Postretirement Benefits	3 Months Ended
	Mar. 31, 2014
Pension and Other Postretirement Benefits	'
Pension and Other Postretirement Benefits	'
	Note 6.  Pension and Other Postretirement Benefits
	Pension Plans
	Substantially all active employees of the Company’s U.S. operations participate in defined benefit pension plans and/or defined contribution retirement plans. In addition, the Company maintains a SERP which is a non-qualified defined benefit plan. The Company provides benefits under the SERP to the extent necessary to fulfill the intent of its defined benefit retirement plans without regard to the limitations set by the Internal Revenue Code on qualified defined benefit plans. Neenah Germany has defined benefit plans designed to provide a monthly pension upon retirement for substantially all its employees in Germany. There is no legal or governmental obligation to fund Neenah Germany’s benefit plans and as such the Neenah Germany defined benefit plans are currently unfunded. As of March 31, 2014, Neenah Germany had investments of $2.1 million that were restricted to the payment of certain post-retirement employee benefits. As of March 31, 2014, $0.7 million and $1.4 million of such investments are classified as prepaid and other current assets and other assets, respectively, on the consolidated balance sheet.
	In February 2013, the Company reached agreement with the United Steelworkers Union (the “USW”) on new collective bargaining agreements for all of its U.S. paper mills. The agreements resulted in a net reduction in the Company’s liability for post-retirement benefits.  In accordance with ASC Topic 715, Compensation — Retirement Benefits (“ASC Topic 715”), the Company measured the assets and liabilities of its U.S. post-retirement benefit plans as of February 28, 2013 and recorded a curtailment gain in OCI of $6.6 million less a provision for income taxes of $2.5 million.
	The following table presents the components of net periodic benefit cost:
	Components of Net Periodic Benefit Cost
		Pension Benefits						Postretirement Benefits
								Other than Pensions
		Three Months Ended March 31,
		2014			2013			2014		2013
	Service cost	$	1.3		$	1.3		$	0.4	$	0.5
	Interest cost	3.8			3.3			0.5		0.5
	Expected return on plan assets (a)	(4.2		)	(4.2		)	—		—
	Recognized net actuarial loss	1.1			1.5			—		0.1
	Amortization of prior service cost	0.1			0.1			—		—
	Net periodic benefit cost	$	2.1		$	2		$	0.9	$	1.1
	(a)         The expected return on plan assets is determined by multiplying the fair value of plan assets at the prior year-end (adjusted for estimated current year cash benefit payments and contributions) by the expected long-term rate of return.
	The Company expects to make aggregate contributions to qualified and nonqualified defined benefit pension trusts and pay pension benefits for unfunded pension plans of approximately $21 million (based on exchange rates at March 31, 2014) in calendar 2014.  For the three months ended March 31, 2014, the Company made $5.2 million of such payments.

Stock_Compensation_Plan

Stock Compensation Plan	3 Months Ended
	Mar. 31, 2014
Stock Compensation Plan	'
Stock Compensation Plan	'
	Note 7.  Stock Compensation Plan
	At the 2013 Annual Meeting of Stockholders, the Company’s stockholders approved an amendment and restatement of the Neenah Paper, Inc. 2004 Omnibus Stock and Incentive Compensation Plan (as amended and restated the “Omnibus Plan”). The amendment and restatement authorized the Company to reserve an additional 1,577,000 shares of $0.01 par value common stock (“Common Stock”) for future issuance. As of March 31, 2014, the Company had 1,865,000 shares of Common Stock reserved for future issuance under the Omnibus Plan. The Company accounts for stock-based compensation pursuant to the fair value recognition provisions of ASC Topic 718, Compensation—Stock Compensation (“ASC Topic 718”).
	Valuation and Expense Information
	Substantially all stock-based compensation expense is recorded in selling, general and administrative expenses on the condensed consolidated statements of operations.  The following table summarizes stock-based compensation expense and related income tax benefits.
		Three Months Ended March 31,
		2014			2013
	Stock-based compensation expense	$	1.4		$	1.7
	Income tax benefit	(0.5		)	(0.6		)
	Stock-based compensation, net of Income tax benefit	$	0.9		$	1.1
	The following table summarizes total compensation costs related to the Company’s equity awards and amounts recognized in the three months ended March 31, 2014.
		Stock Options			Performance
		and SARs			Shares and RSUs
	Unrecognized compensation cost — December 31, 2013	$	1.3		$	2
	Grant date fair value of current year grants	1.2			2.4
	Compensation expense recognized	(0.6		)	(0.8		)
	Unrecognized compensation cost — March 31, 2014	$	1.9		$	3.6
	Expected amortization period (in years)	2.7			2.3
	Stock Options and SARs
	The following tables present information regarding stock options awarded during the three months ended March 31, 2014:
	Nonqualified stock options granted	91,300
	Per share weighted average exercise price	$	42.91
	Per share weighted average grant date fair value	$	12.63
	The weighted-average grant date fair value for stock options granted during the three months ended March 31, 2014 was estimated using the Black-Scholes option valuation model with the following assumptions:
	Expected term in years	5.9
	Risk free interest rate	1.9	%
	Volatility	36.5	%
	Dividend yield	2.2	%
	Volatility and the expected term were estimated by reference to the historical stock price performance of the Company and historical data for the Company’s stock option awards, respectively. The risk-free interest rate was based on the yield on U.S. Treasury bonds with a remaining term approximately equivalent to the expected term of the stock option awards. Forfeitures were estimated at the date of grant.
	The following table presents information regarding stock options and SARs that vested during the three months ended March 31, 2014:
	Nonqualified stock options and SARs vested	103,500
	Aggregate grant date fair value of stock options and SARs vested	$	0.9
	For the three months ended March 31, 2014 and 2013, the aggregate pre-tax intrinsic value of stock options and SARs exercised was $6.9 million and $1.9 million, respectively.
	As of March 31, 2014, certain participants met age and service requirements that allowed their stock options and SARs to qualify for accelerated vesting upon retirement. As of March 31, 2014, such participants held options to purchase approximately 51,000 shares of common stock that would have been exercisable if they had retired as of such date. The aggregate grant date fair value of options subject to accelerated vesting was $0.5 million. Stock options subject to accelerated vesting for expense recognition become exercisable according to the contract terms of the stock-based awards.
	The following table presents information regarding outstanding stock options and SARs:
		March 31, 2014			December 31, 2013
	Stock options and SARs vested or expected to vest	782,000			946,000
	Aggregate intrinsic value	$	20.2		$	18.4
	Per share weighted average grant date fair value	$	8.98		$	8.4
	Exercisable stock options and SARs	472,000			622,000
	Aggregate intrinsic value	$	13.8		$	12.9
	Unvested stock options and SARs	333,000			328,000
	Per share weighted average grant date fair value	$	9.31		$	9.11
	Performance Units
	For the three months ended March 31, 2014, the Company granted target awards of 60,900 Performance Units. The measurement period for the Performance Units is January 1, 2014 through December 31, 2014. The Performance Units vest on December 31, 2016. Common Stock equal to not less than 40 percent and not more 200 percent of the Performance Unit target will be awarded based on the Company’s return on invested capital, consolidated revenue growth, the percentage of consolidated free cash flow to revenue and total return to shareholders relative to the companies in the Russell 2000® Value small cap index. As of March 31, 2014, the Company expects that Common Stock equal to approximately 95 percent of the Performance Unit targets will be earned. The market price on the date of grant for the Performance Units was $42.82 per share. Based on the expected achievement of performance targets, the Company is recognizing stock-based compensation expense pro-rata over the vesting term of the Performance Units.
	Excess Tax Benefits
	ASC Topic 718 requires the reporting of excess tax benefits related to the exercise or vesting of stock-based awards as cash provided by financing activities within the statement of cash flows. Excess tax benefits represent the difference between the tax deduction the Company will receive on its tax return for compensation recognized by employees upon the vesting or exercise of stock-based awards and the tax benefit recognized for the grant date fair value of such awards. As of March 31, 2014 and December 31, 2013, because the Company had unused net operating losses (“NOLs”) its excess tax benefits did not result in a reduction in taxes paid and therefore a reduction in cash flow from operations is recorded to offset the amount of excess tax benefits reported in cash flows from financing activities. For the three months ended March 31, 2014 and 2013, the Company recognized excess tax benefits related to the exercise or vesting of stock-based awards of $1.9 million and $0.3 million, respectively.

Goodwill_and_Other_Intangible_

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2014
Goodwill and Other Intangible Assets	'
Goodwill and Other Intangible Assets	'
	Note 8.  Goodwill and Other Intangible Assets
	The following table presents changes in the carrying amount of goodwill for the three months ended March 31, 2014.  All such goodwill is reported in the Technical Products segment.
		Gross			Cumulative			Net
		Amount			Impairment Losses
	Balance at December 31, 2013	$	100.1		$	(57.0	)	$	43.1
	Foreign currency translation	(0.1		)	0.1			—
	Balance at March 31, 2014	$	100		$	(56.9	)	$	43.1
	The following table presents the gross carrying amount of intangible assets and the related accumulated amortization for intangible assets subject to amortization.
		Weighted-		March 31, 2014						December 31, 2013
		Average
		Amortization		Gross			Accumulated			Gross		Accumulated
		Period (Years)		Amount			Amortization			Amount		Amortization
	Amortizable intangible assets
	Customer based intangibles	15		$	17.4		$	(7.9	)	$	17.5	$	(7.6	)
	Trade names and trademarks	10		5.8			(4.3		)	5.8		(4.2		)
	Acquired technology	10		1.1			(0.8		)	1.1		(0.8		)
	Total amortizable intangible assets			24.3			(13.0		)	24.4		(12.6		)
	Non-amortizable trade names	Not amortized		26.7			—			26.7		—
	Total			$	51		$	(13.0	)	$	51.1	$	(12.6	)

Stockholders_Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2014
Stockholders' Equity	'
Stockholders' Equity	'
	Note 9.  Stockholders’ Equity
	Common Stock
	The Company has authorized 100 million shares of Common Stock. Holders of the Company’s Common Stock are entitled to one vote per share. As of March 31, 2014 and December 31, 2013, the Company had 16,555,000 shares and 16,361,000 shares of Common Stock outstanding, respectively.
	In May 2013, the Company’s Board of Directors authorized a program that would allow the Company to repurchase up to $10 million of its outstanding Common Stock over the next 12 months (the “2013 Stock Purchase Plan”). The Company had a similarly-sized program in place during the preceding 12 months that expired in May 2013 (the “2012 Stock Purchase Plan”). For the three months ended March 31, 2014 and 2013, there were no purchases under either stock purchase plan.
	For the three months ended March 31, 2014 and 2013, the Company acquired approximately 3,000 shares and 600 shares of Common Stock, respectively, at a cost of $0.1 million and less than $0.1 million, respectively, for shares surrendered by employees to pay taxes due on vested restricted stock awards and SARs exercised.

Contingencies_and_Legal_Matter

Contingencies and Legal Matters	3 Months Ended
	Mar. 31, 2014
Contingencies and Legal Matters	'
Contingencies and Legal Matters	'
	Note 10.  Contingencies and Legal Matters
	Litigation
	The Company is involved in certain legal actions and claims arising in the ordinary course of business. While the outcome of these legal actions and claims cannot be predicted with certainty, it is the opinion of management that the outcome of any such claim which is pending or threatened, either individually or on a combined basis, will not have a material effect on the consolidated financial condition, results of operations or cash flows of the Company.
	Income Taxes
	The Company is continuously undergoing examination by the Internal Revenue Service (the “IRS”) as well as various state and foreign jurisdictions. These tax authorities routinely challenge certain deductions and credits reported by the Company on its income tax returns.  No significant tax audit findings are being contested at this time with either the IRS or any state or foreign tax authority.
	Employees and Labor Relations
	As of March 31, 2014, the Company had no employees covered by collective bargaining agreements that will expire in the next 12-months.  The Company believes it has satisfactory relations with its employees covered by collective bargaining agreements.

Discontinued_Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2014
Discontinued Operations	'
Discontinued Operations	'
	Note 11.  Discontinued Operations
	In March 2010, the Company concluded its operating activities in Canada; however, the Company has certain continuing post-employment benefit obligations related to its former Canadian pulp operations.  In the first quarter of 2013, the Company received a refund of excess pension contributions, less withholding taxes, from the terminated Terrace Bay pension plan.  As a result, the Company recorded income from discontinued operations of $2.6 million, net of income taxes of $1.6 million, on the Condensed Consolidated Statement of Operations.

Business_Segment_Information

Business Segment Information	3 Months Ended
	Mar. 31, 2014
Business Segment Information	'
Business Segment Information	'
	Note 12.  Business Segment Information
	The Company reports its operations in two primary segments: Technical Products and Fine Paper. The technical products business is an international producer of transportation and other filter media and durable, saturated and coated substrates for industrial products backings and a variety of other end markets. The fine paper business is a supplier of premium writing, text and cover papers, bright papers, and luxury packaging and premium label specialty papers in North America. Each segment employs different technologies and marketing strategies. In addition, the Company reports in the Other segment results for the non-premium Index, Tag and Vellum Bristol product lines. Disclosure of segment information is on the same basis that management uses internally for evaluating segment performance and allocating resources. Transactions between segments are eliminated in consolidation. The costs of shared services, and other administrative functions managed on a common basis, are allocated to the segments based on usage, where possible, or other factors based on the nature of the activity. General corporate expenses that do not directly support the operations of the business segments are shown as Unallocated corporate costs.
	The following table summarizes the net sales, operating income and total assets for each of the Company’s business segments.
		Three Months Ended March 31,
		2014			2013
	Net sales
	Technical Products	$	117.5		$	107
	Fine Paper	101.5			99.4
	Other	6.1			6.8
	Consolidated	$	225.1		$	213.2
		Three Months Ended March 31,
		2014			2013
	Operating income (loss)
	Technical Products	$	13.7		$	9.7
	Fine Paper	13.3			16.3
	Other	(0.2		)	0.3
	Unallocated corporate costs	(3.8		)	(4.1		)
	Consolidated	$	23		$	22.2
		March 31, 2014			December 31, 2013
	Total Assets
	Technical Products	$	376.1		$	365.9
	Fine Paper	209.3			206.9
	Corporate and Other	109.3			103.1
	Total	$	694.7		$	675.9

Background_and_Basis_of_Presen1

Background and Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2014
Background and Basis of Presentation	'
Basis of Consolidation and Presentation	'
	Basis of Consolidation and Presentation
	These statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and, in accordance with those rules and regulations, do not include all information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”).  Management believes that the disclosures made are adequate for a fair presentation of the Company’s results of operations, financial position and cash flows. In the opinion of management, the condensed consolidated financial statements reflect all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the results of operations, financial position and cash flows for the interim periods presented herein.  The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make extensive use of estimates and assumptions that affect the reported amounts and disclosures.  Actual results may vary from these estimates.
	These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s most recent Annual Report on Form 10-K.  The results of operations for any interim period are not necessarily indicative of the results of operations to be expected for the full year.
	The condensed consolidated financial statements of Neenah and its subsidiaries included herein are unaudited, except for the December 31, 2013 condensed consolidated balance sheet, which was derived from audited financial statements.  The condensed consolidated financial statements include the financial statements of the Company and its wholly owned and majority owned subsidiaries. All significant intercompany balances and transactions have been eliminated from the condensed consolidated financial statements.
Earnings per Share ("EPS")	'
	Earnings per Share (“EPS”)
	Diluted EPS was calculated to give effect to all potentially dilutive non-participating common share equivalents using the “Treasury Stock” method. Outstanding stock options, stock appreciation rights (“SARs”) and target awards of Restricted Stock Units (“RSUs”) with performance conditions (“Performance Units”) represent the only potentially dilutive non-participating security effects on the Company’s weighted-average shares. For the three months ended March 31, 2014 and 2013, approximately 45,000 and 870,000 potentially dilutive options, respectively, were excluded from the computation of dilutive common shares because the exercise price of such options exceeded the average market price of the Company’s common stock for the period the options were outstanding.
	The following table presents the computation of basic and diluted EPS (dollars in millions except per share amounts, shares in thousands):
	Earnings Per Basic Common Share
		Three Months Ended March 31,
		2014			2013
	Income from continuing operations	$	13.2		$	12.1
	Distributed and undistributed amounts allocated to participating securities	(0.2		)	(0.3		)
	Income from continuing operations available to common stockholders	13			11.8
	Income from discontinued operations, net of income taxes	—			2.6
	Net income available to common stockholders	$	13		$	14.4
	Weighted-average basic shares outstanding	16,459			15,944
	Basic
	Continuing operations	$	0.79		$	0.74
	Discontinued operations	—			0.16
		$	0.79		$	0.9
	Earnings Per Diluted Common Share
		Three Months Ended March 31,
		2014			2013
	Income from continuing operations	$	13.2		$	12.1
	Distributed and undistributed amounts allocated to participating securities	(0.2		)	(0.2		)
	Income from continuing operations available to common stockholders	13			11.9
	Income from discontinued operations, net of income taxes	—			2.6
	Net income available to common stockholders	$	13		$	14.5
	Weighted-average basic shares outstanding	16,459			15,944
	Add: Assumed incremental shares under stock compensation plans	310			309
	Weighted-average diluted shares	16,769			16,253
	Diluted
	Continuing operations	$	0.78		$	0.73
	Discontinued operations	—			0.16
		$	0.78		$	0.89
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	The Company measures the fair value of financial instruments in accordance with Accounting Standards Codification (“ASC”) Topic 820, Fair Value Measurements and Disclosures (“ASC Topic 820”) which establishes a framework for measuring fair value. ASC Topic 820 provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).  The asset’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques attempt to maximize the use of observable inputs and minimize the use of unobservable inputs.
	The Company’s investments in marketable securities are accounted for as “available-for-sale securities” in accordance with ASC Topic 320, Investments — Debt and Equity Securities (“ASC Topic 320”). As of March 31, 2014, the cost and fair value of the Company’s marketable securities was $2.8 million and $2.7 million, respectively.  Fair value for the Company’s marketable securities was estimated from Level 1 inputs.  These marketable securities are classified as “Other Assets” on the condensed consolidated balance sheet and are restricted to the payment of benefits under the Company’s Supplemental Executive Retirement Plan (“SERP”).

Background_and_Basis_of_Presen2

Background and Basis of Presentation (Tables)	3 Months Ended
	Mar. 31, 2014
Background and Basis of Presentation	'
Schedule of computation of basic and diluted EPS	'
	The following table presents the computation of basic and diluted EPS (dollars in millions except per share amounts, shares in thousands):
	Earnings Per Basic Common Share
		Three Months Ended March 31,
		2014			2013
	Income from continuing operations	$	13.2		$	12.1
	Distributed and undistributed amounts allocated to participating securities	(0.2		)	(0.3		)
	Income from continuing operations available to common stockholders	13			11.8
	Income from discontinued operations, net of income taxes	—			2.6
	Net income available to common stockholders	$	13		$	14.4
	Weighted-average basic shares outstanding	16,459			15,944
	Basic
	Continuing operations	$	0.79		$	0.74
	Discontinued operations	—			0.16
		$	0.79		$	0.9
	Earnings Per Diluted Common Share
		Three Months Ended March 31,
		2014			2013
	Income from continuing operations	$	13.2		$	12.1
	Distributed and undistributed amounts allocated to participating securities	(0.2		)	(0.2		)
	Income from continuing operations available to common stockholders	13			11.9
	Income from discontinued operations, net of income taxes	—			2.6
	Net income available to common stockholders	$	13		$	14.5
	Weighted-average basic shares outstanding	16,459			15,944
	Add: Assumed incremental shares under stock compensation plans	310			309
	Weighted-average diluted shares	16,769			16,253
	Diluted
	Continuing operations	$	0.78		$	0.73
	Discontinued operations	—			0.16
		$	0.78		$	0.89

Supplemental_Balance_Sheet_Dat1

Supplemental Balance Sheet Data (Tables)	3 Months Ended
	Mar. 31, 2014
Supplemental Balance Sheet Data	'
Schedule of inventories by major class	'
		March 31, 2014			December 31, 2013
	Raw materials	$	22.7		$	20.3
	Work in progress	22.9			22.9
	Finished goods	68.2			67.3
	Supplies and other	4.5			4.5
		118.3			115
	Adjust FIFO inventories to LIFO cost	(13.6		)	(13.9		)
	Total	$	104.7		$	101.1
Schedule of changes in accumulated other comprehensive income	'
		Unrealized foreign			Net gain (loss) from			Accumulated other
		currency translation			pension and other			comprehensive
		gain			postretirement			income (loss)
					liabilities
	AOCI — December 31, 2013	$	17.9		$	(45.2	)	$	(27.3	)
	Other comprehensive income before reclassifications	—			—			—
	Amounts reclassified from AOCI	—			1.1			1.1
	Income from other comprehensive income items	—			1.1			1.1
	Provision for income taxes	—			0.4			0.4
	Other comprehensive income	—			0.7			0.7
	AOCI — March 31, 2014	$	17.9		$	(44.5	)	$	(26.6	)

Debt_Tables

Debt (Tables)	3 Months Ended
	Mar. 31, 2014
Debt	'
Schedule of long-term debt	'
		March 31, 2014		December 31, 2013
	2021 Senior Notes (5.25% fixed rate) due May 2021	$	175	$	175
	Neenah Germany revolving lines of credit (variable rates)	12.4		19.3
	German Loan Agreement (3.8% fixed rate) due in 16 equal semi-annual installments ending December 2016	5.2		5.2
	Second German Loan Agreement (2.5% fixed rate) due in 32 equal quarterly installments ending September 2022	12.4		12.4
	Total debt	205		211.9
	Less: Debt payable within one year	14.9		21.4
	Long-term debt	$	190.1	$	190.5

Pension_and_Other_Postretireme1

Pension and Other Postretirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2014
Pension and Other Postretirement Benefits	'
Schedule of components of net periodic benefit cost	'
	Components of Net Periodic Benefit Cost
		Pension Benefits						Postretirement Benefits
								Other than Pensions
		Three Months Ended March 31,
		2014			2013			2014		2013
	Service cost	$	1.3		$	1.3		$	0.4	$	0.5
	Interest cost	3.8			3.3			0.5		0.5
	Expected return on plan assets (a)	(4.2		)	(4.2		)	—		—
	Recognized net actuarial loss	1.1			1.5			—		0.1
	Amortization of prior service cost	0.1			0.1			—		—
	Net periodic benefit cost	$	2.1		$	2		$	0.9	$	1.1
	(a)         The expected return on plan assets is determined by multiplying the fair value of plan assets at the prior year-end (adjusted for estimated current year cash benefit payments and contributions) by the expected long-term rate of return.

Stock_Compensation_Plans_Table

Stock Compensation Plans (Tables)	3 Months Ended
	Mar. 31, 2014
Stock Compensation Plan	'
Schedule of stock-based compensation expense and related income tax benefits	'
		Three Months Ended March 31,
		2014			2013
	Stock-based compensation expense	$	1.4		$	1.7
	Income tax benefit	(0.5		)	(0.6		)
	Stock-based compensation, net of Income tax benefit	$	0.9		$	1.1
Schedule of total compensation costs related to the Company's equity awards and amounts recognized	'
		Stock Options			Performance
		and SARs			Shares and RSUs
	Unrecognized compensation cost — December 31, 2013	$	1.3		$	2
	Grant date fair value of current year grants	1.2			2.4
	Compensation expense recognized	(0.6		)	(0.8		)
	Unrecognized compensation cost — March 31, 2014	$	1.9		$	3.6
	Expected amortization period (in years)	2.7			2.3
Schedule of stock options awarded	'
	Nonqualified stock options granted	91,300
	Per share weighted average exercise price	$	42.91
	Per share weighted average grant date fair value	$	12.63
Schedule of assumptions used to determine the grant date fair value of options granted	'
	Expected term in years	5.9
	Risk free interest rate	1.9	%
	Volatility	36.5	%
	Dividend yield	2.2	%
Schedule of stock options and SARs vested during the period	'
	Nonqualified stock options and SARs vested	103,500
	Aggregate grant date fair value of stock options and SARs vested	$	0.9
Schedule of outstanding stock options and SARs	'
		March 31, 2014			December 31, 2013
	Stock options and SARs vested or expected to vest	782,000			946,000
	Aggregate intrinsic value	$	20.2		$	18.4
	Per share weighted average grant date fair value	$	8.98		$	8.4
	Exercisable stock options and SARs	472,000			622,000
	Aggregate intrinsic value	$	13.8		$	12.9
	Unvested stock options and SARs	333,000			328,000
	Per share weighted average grant date fair value	$	9.31		$	9.11

Goodwill_and_Other_Intangible_1

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2014
Goodwill and Other Intangible Assets	'
Schedule of changes in the carrying amount of goodwill	'
		Gross			Cumulative			Net
		Amount			Impairment Losses
	Balance at December 31, 2013	$	100.1		$	(57.0	)	$	43.1
	Foreign currency translation	(0.1		)	0.1			—
	Balance at March 31, 2014	$	100		$	(56.9	)	$	43.1
Schedule of gross carrying amount of intangible assets and the related accumulated amortization for intangible assets subject to amortization	'
		Weighted-		March 31, 2014						December 31, 2013
		Average
		Amortization		Gross			Accumulated			Gross		Accumulated
		Period (Years)		Amount			Amortization			Amount		Amortization
	Amortizable intangible assets
	Customer based intangibles	15		$	17.4		$	(7.9	)	$	17.5	$	(7.6	)
	Trade names and trademarks	10		5.8			(4.3		)	5.8		(4.2		)
	Acquired technology	10		1.1			(0.8		)	1.1		(0.8		)
	Total amortizable intangible assets			24.3			(13.0		)	24.4		(12.6		)
	Non-amortizable trade names	Not amortized		26.7			—			26.7		—
	Total			$	51		$	(13.0	)	$	51.1	$	(12.6	)

Business_Segment_Information_T

Business Segment Information (Tables)	3 Months Ended
	Mar. 31, 2014
Business Segment Information	'
Schedule of net sales, operating income and total assets for each of the business segments	'
		Three Months Ended March 31,
		2014			2013
	Net sales
	Technical Products	$	117.5		$	107
	Fine Paper	101.5			99.4
	Other	6.1			6.8
	Consolidated	$	225.1		$	213.2
		Three Months Ended March 31,
		2014			2013
	Operating income (loss)
	Technical Products	$	13.7		$	9.7
	Fine Paper	13.3			16.3
	Other	(0.2		)	0.3
	Unallocated corporate costs	(3.8		)	(4.1		)
	Consolidated	$	23		$	22.2
		March 31, 2014			December 31, 2013
	Total Assets
	Technical Products	$	376.1		$	365.9
	Fine Paper	209.3			206.9
	Corporate and Other	109.3			103.1
	Total	$	694.7		$	675.9

Background_and_Basis_of_Presen3

Background and Basis of Presentation (Details) (USD $)	3 Months Ended		0 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Jan. 31, 2013
	item		Southworth Company
Background and Basis of Presentation	'	'	'
Number of primary operations	2	'	'
Background and Basis of Presentation	'	'	'
Cash payment	'	$5.20	$7
Potentially dilutive stock-based compensation awards excluded from computation of dilutive common shares	45,000	870,000	'
Earnings Per Basic Common Share	'	'	'
Income from continuing operations	13.2	12.1	'
Distributed and undistributed amounts allocated to participating securities	-0.2	-0.3	'
Income from continuing operations available to common stockholders	13	11.8	'
Income from discontinued operations, net of income taxes	'	2.6	'
Net income available to common stockholders	13	14.4	'
Weighted-average basic shares outstanding	16,459,000	15,944,000	'
Basic	'	'	'
Continuing operations (in dollars per share)	$0.79	$0.74	'
Discontinued operations (in dollars per share)	'	$0.16	'
Total Basic (in dollars per share)	$0.79	$0.90	'
Earnings Per Diluted Common Share	'	'	'
Income from continuing operations	13.2	12.1	'
Distributed and undistributed amounts allocated to participating securities	-0.2	-0.2	'
Income from continuing operations available to common stockholders	13	11.9	'
Income from discontinued operations, net of income taxes	'	2.6	'
Net income available to common stockholders	$13	$14.50	'
Weighted-average basic shares outstanding	16,459,000	15,944,000	'
Add: Assumed incremental shares under stock compensation	310,000	309,000	'
Weighted-average diluted shares	16,769,000	16,253,000	'
Diluted	'	'	'
Continuing operations (in dollars per share)	$0.78	$0.73	'
Discontinued operations (in dollars per share)	'	$0.16	'
Total Diluted (in dollars per share)	$0.78	$0.89	'

Background_and_Basis_of_Presen4

Background and Basis of Presentation (Details 2) (USD $)	Mar. 31, 2014
In Millions, unless otherwise specified
Marketable securities	'
Cost of marketable securities	$2.80
Fair Value | Level 2 | Other assets	'
Marketable securities	'
Fair value of marketable securities	$2.70

Acquisitions_Details

Acquisitions (Details) (USD $)	3 Months Ended			0 Months Ended	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Jan. 31, 2013	Mar. 31, 2014
				Southworth Company	Southworth Company
Acquisitions	'	'	'	'	'
Cash payment	'	$5.20	'	$7	'
Period of finished goods inventory purchased	'	'	'	'1 month	'
Finished goods inventory	68.2	'	67.3	1.8	'
Acquisition-related integration costs	$0.30	$0.10	'	'	$0.10

Supplemental_Balance_Sheet_Dat2

Supplemental Balance Sheet Data (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Inventories by major class:	'	'
Raw materials	$22.70	$20.30
Work in progress	22.9	22.9
Finished goods	68.2	67.3
Supplies and other	4.5	4.5
Inventories, gross	118.3	115
Adjust FIFO inventories to LIFO cost	-13.6	-13.9
Total	104.7	101.1
FIFO values of inventories valued on the LIFO method	$90.60	$86.60

Supplemental_Balance_Sheet_Dat3

Supplemental Balance Sheet Data (Details 2) (USD $)	3 Months Ended					3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014
			Amount Reclassified from Accumulated Other Comprehensive Income	Unrealized foreign currency translation gain	Unrealized foreign currency translation gain	Net gain (loss) from pension and other postretirement liabilities
Changes in accumulated other comprehensive income	'	'	'	'	'	'
AOCI, Balance at the beginning of the period	($27.30)	'	'	$17.90	$17.90	($45.20)
Amounts reclassified from AOCI	1.1	'	'	'	'	1.1
Income from other comprehensive income items	1.1	2.6	'	'	'	1.1
Provision for income taxes	0.4	3.2	'	'	'	0.4
Other comprehensive income (loss)	0.7	-0.6	'	'	'	0.7
AOCI, Balance at the end of the period	-26.6	'	'	17.9	17.9	-44.5
Cost of products sold and selling, general and administrative expenses	'	'	1.1	'	'	'
Income tax benefit	($7)	($7.50)	$0.40	'	'	'

Debt_Details

Debt (Details)

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Jun. 30, 2013

Jun. 30, 2013

31-May-13

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Dec. 31, 2006

Mar. 31, 2014

Dec. 31, 2013

Jan. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

In Millions, unless otherwise specified

USD ($)

USD ($)

Neenah Germany revolving lines of credit (variable rates)

Neenah Germany revolving lines of credit (variable rates)

Neenah Germany revolving lines of credit (variable rates)

Neenah Germany revolving lines of credit (variable rates)

Neenah Germany revolving lines of credit (variable rates)

German Loan Agreement

German Loan Agreement

Second German Loan Agreement

Second German Loan Agreement

Revolving bank credit facility (variable rates), due 2017

Revolving bank credit facility (variable rates), due 2017

Revolving bank credit facility (variable rates), due 2017

Senior notes

Senior notes

Senior notes

Secured debt

Secured debt

Secured debt

Secured debt

Secured debt

Secured debt

Line of credit

Line of credit

HypoVereinsbank

HypoVereinsbank

Total Commerzbank borrowings

Total Commerzbank borrowings

Minimum

USD ($)

EUR (€)

USD ($)

EUR (€)

USD ($)

USD ($)

Maximum

2021 Senior Notes (5.25% fixed rate) due May 2021

2021 Senior Notes (5.25% fixed rate) due May 2021

2021 Senior Notes (5.25% fixed rate) due May 2021

German Loan Agreement

German Loan Agreement

German Loan Agreement

Second German Loan Agreement

Second German Loan Agreement

Second German Loan Agreement

Neenah Germany revolving lines of credit (variable rates)

Neenah Germany revolving lines of credit (variable rates)

USD ($)

EUR (€)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

installment

USD ($)

USD ($)

installment

USD ($)

USD ($)

Principal Payments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total Debt

$205

$211.90

'

'

'

'

'

'

'

'

'

'

'

'

'

$175

$175

$5.20

$5.20

'

$12.40

$12.40

'

$12.40

$19.30

Less: Debt payable within one year

14.9

21.4

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term debt

190.1

190.5

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fixed rate of interest (as a percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5.25%

5.25%

5.25%

3.80%

3.80%

'

2.50%

2.50%

'

'

'

Number of equal semi-annual installments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

16

'

'

'

'

'

Number of equal quarterly installments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

32

'

'

Total term of notes

'

'

'

'

'

'

'

'10 years

'10 years

'

'

'

'

'

'8 years

'

'

'

'

'

'

'

'

'

'

Face amount

'

'

'

'

'

'

'

'

'

'

'

'

'

'

175

'

'

'

'

'

'

'

'

'

'

Maximum borrowing capacity that may be increased

'

'

'

'

'

'

'

'

'

'

'

'

30

'

'

'

'

'

'

'

'

'

'

'

'

Maximum borrowing capacity

'

'

'

15

'

5

'

'

'

'

'

'

180

'

'

'

'

'

'

'

'

'

'

'

'

Dividend restriction

'

'

'

'

'

'

'

'

'

'

'

'

25

'

'

'

'

'

'

'

'

'

'

'

'

Amount of the company's stock allowed to be repurchased on or before December 31, 2014

'

'

'

'

'

'

'

'

'

'

'

'

'

30

'

'

'

'

'

'

'

'

'

'

'

Current borrowing capacity

'

'

'

'

'

'

'

'

'

'

'

105

'

'

'

'

'

'

'

'

'

'

'

'

'

Available credit

'

'

13.7

10

1.4

1

'

'

'

'

'

104

'

'

'

'

'

'

'

'

'

'

'

'

'

Total outstanding

'

'

6.9

5

5.5

4

'

5.2

3.7

12.4

9

0

'

'

'

'

'

'

'

'

'

'

'

'

'

Borrowing availability for not achieving the fixed charge coverage ratio

'

'

'

'

'

'

'

'

'

'

'

$20

'

'

'

'

'

'

'

'

'

'

'

'

'

Fixed charge coverage ratio required

'

'

'

'

'

'

'

'

'

'

'

1.1

'

'

'

'

'

'

'

'

'

'

'

'

'

Period for maintaining a fixed charge coverage ratio

'

'

'

'

'

'

'

'

'

'

'

'12 months

'

'

'

'

'

'

'

'

'

'

'

'

'

Stockholder's equity to total assets ratio (as a percent)

'

'

'

'

'

'

45.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Pension_and_Other_Postretireme2

Pension and Other Postretirement Benefits (Details) (USD $)	3 Months Ended					0 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Feb. 28, 2013
		Pension Benefits	Pension Benefits	Postretirement Benefits Other than Pensions	Postretirement Benefits Other than Pensions	U.S. Postretirement Benefit Plan
Pension and other postretirement benefits	'	'	'	'	'	'
Defined benefit plan investments	'	$2.10	'	'	'	'
Defined benefit plan investments classified as prepaid and other current assets	'	0.7	'	'	'	'
Defined benefit plan investments classified as other assets	'	1.4	'	'	'	'
Curtailment gain	'	'	'	'	'	6.6
Curtailment gain, provision for income taxes	'	'	'	'	'	2.5
Service cost	'	1.3	1.3	0.4	0.5	'
Interest cost	'	3.8	3.3	0.5	0.5	'
Expected return on plan assets	'	-4.2	-4.2	'	'	'
Recognized net actuarial loss	'	1.1	1.5	'	0.1	'
Amortization of prior service cost	'	0.1	0.1	'	'	'
Net periodic benefit cost	'	2.1	2	0.9	1.1	'
Aggregate contributions to qualified and non-qualified pension trusts and payments of pension benefits for unfunded pension plans	'	21	'	'	'	'
Payment for unfunded pension plans	$5.20	'	'	'	'	'

Stock_Compensation_Plan_Detail

Stock Compensation Plan (Details) (USD $)	3 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Stock-based compensation expense and related income tax benefits	'	'	'
Stock-based compensation expense	$1.40	$1.70	'
Income tax benefit	-0.5	-0.6	'
Stock-based compensation, net of income tax benefit	0.9	1.1	'
Compensation costs related to equity awards and amounts recognized	'	'	'
Compensation expense recognized	-1.4	-1.7	'
Outstanding stock options and SARs	'	'	'
Excess tax benefits (deficiency) related to the exercise or vesting of stock-based awards	1.9	0.3	'
Performance Shares and RSUs	'	'	'
Stock-based compensation expense and related income tax benefits	'	'	'
Stock-based compensation expense	0.8	'	'
Compensation costs related to equity awards and amounts recognized	'	'	'
Unrecognized compensation cost at the beginning of the period	2	'	'
Grant date fair value of current year grants	2.4	'	'
Compensation expense recognized	-0.8	'	'
Unrecognized compensation cost at the end of the period	3.6	'	'
Expected amortization period	'2 years 3 months 18 days	'	'
Stock options and SARs	'	'	'
Stock-based compensation expense and related income tax benefits	'	'	'
Stock-based compensation expense	0.6	'	'
Compensation costs related to equity awards and amounts recognized	'	'	'
Unrecognized compensation cost at the beginning of the period	1.3	'	'
Grant date fair value of current year grants	1.2	'	'
Compensation expense recognized	-0.6	'	'
Unrecognized compensation cost at the end of the period	1.9	'	'
Expected amortization period	'2 years 8 months 12 days	'	'
Fair value assumptions	'	'	'
Expected term in years	'5 years 10 months 24 days	'	'
Risk free interest rate (as a percent)	1.90%	'	'
Volatility (as a percent)	36.50%	'	'
Dividend yield (as a percent)	2.20%	'	'
Additional disclosures	'	'	'
Aggregate pre-tax intrinsic value of stock options and SARs exercised	6.9	1.9	'
Outstanding stock options and SARs	'	'	'
Stock options and SARs vested or expected to vest (in shares)	782,000	'	946,000
Aggregate intrinsic value (in dollars)	20.2	'	18.4
Per share weighted average grant date fair value (in dollars per share)	$8.98	'	$8.40
Exercisable stock options and SARs (in shares)	472,000	'	622,000
Aggregate intrinsic value (in dollars)	13.8	'	12.9
Unvested stock options and SARs (in shares)	333,000	'	328,000
Per share weighted average grant date fair value (in dollars per share)	$9.31	'	$9.11
Nonqualified stock options	'	'	'
Stock options awarded	'	'	'
Nonqualified stock options granted (in shares)	91,300	'	'
Per share weighted average exercise price (in dollars per share)	$42.91	'	'
Per share weighted average grant date fair value (in dollars per share)	$12.63	'	'
Performance units	'	'	'
Additional disclosures	'	'	'
Percentage of target to be awarded, low end of range	40.00%	'	'
Percentage of target to be awarded, high end of range	200.00%	'	'
Common stock earned as a percentage of the performance unit target	95.00%	'	'
Market price at grant date of performance units	$42.82	'	'
Granted (in shares)	60,900	'	'
Nonqualified stock options and SARs	'	'	'
Stock options and SARs vested	'	'	'
Vested (in shares)	103,500	'	'
Aggregate grant date fair value	0.9	'	'
Omnibus Plan	'	'	'
Stock Compensation Plans	'	'	'
Additional common stock reserved for issuance subject to shareholders approval (in shares)	1,577,000	'	'
Par value of shares of common stock (in dollars per share)	$0.01	'	'
Shares of common stock reserved for future issuance	1,865,000	'	'
LTIP | Stock options | Participants	'	'	'
Additional disclosures	'	'	'
Shares outstanding that vested and would have been exercisable had the participants reached retirement age	51,000	'	'
Aggregate grant date fair value of options subject to accelerated vesting	$0.50	'	'

Goodwill_and_Other_Intangible_2

Goodwill and Other Intangible Assets (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014
Gross Amount	'
Balance at the beginning of the period	$100.10
Foreign currency translation	-0.1
Balance at the end of the period	100
Cumulative Impairment Losses	'
Balance at the beginning of the period	-57
Foreign currency translation	0.1
Balance at the end of the period	-56.9
Net	'
Balance at the beginning of the period	43.1
Balance at the end of the period	$43.10

Goodwill_and_Other_Intangible_3

Goodwill and Other Intangible Assets (Details 2) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Other Intangible Assets	'	'
Amortizable intangible assets, Gross Amount	$24.30	$24.40
Amortizable intangible assets, Accumulated Amortization	-13	-12.6
Total, Gross Amount	51	51.1
Trade names	'	'
Other Intangible Assets	'	'
Non-amortizable, Gross Amount	26.7	26.7
Customer based intangibles	'	'
Other Intangible Assets	'	'
Average amortization	'15 years	'
Amortizable intangible assets, Gross Amount	17.4	17.5
Amortizable intangible assets, Accumulated Amortization	-7.9	-7.6
Trade names and trademarks	'	'
Other Intangible Assets	'	'
Average amortization	'10 years	'
Amortizable intangible assets, Gross Amount	5.8	5.8
Amortizable intangible assets, Accumulated Amortization	-4.3	-4.2
Acquired technology	'	'
Other Intangible Assets	'	'
Average amortization	'10 years	'
Amortizable intangible assets, Gross Amount	1.1	1.1
Amortizable intangible assets, Accumulated Amortization	($0.80)	($0.80)

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	3 Months Ended			3 Months Ended	1 Months Ended	3 Months Ended		1 Months Ended	3 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Mar. 31, 2013	31-May-13	Mar. 31, 2014	Mar. 31, 2013	31-May-13	Mar. 31, 2014	Mar. 31, 2013
	item			Maximum	2013 Stock Purchase Plan	2013 Stock Purchase Plan	2013 Stock Purchase Plan	2012 Stock Purchase Plan	2012 Stock Purchase Plan	2012 Stock Purchase Plan
Stockholders' equity	'	'	'	'	'	'	'	'	'	'
Authorized amount of repurchase under the stock purchase plan	'	'	'	'	$10	'	'	'	'	'
Period over which repurchases allowed under the plan	'	'	'	'	'12 months	'	'	'	'	'
Preceding period in which repurchases were allowed under the plan	'	'	'	'	'	'	'	'12 months	'	'
Common stock purchased under the stock purchase plan (in shares)	'	'	'	'	'	0	0	'	0	0
Cost of shares acquired by the entity	$0.10	'	'	$0.10	'	'	'	'	'	'
Authorized shares of common stock	100,000,000	'	'	'	'	'	'	'	'	'
Voting rights per common share	1	'	'	'	'	'	'	'	'	'
Common stock, outstanding shares	16,555,000	'	16,361,000	'	'	'	'	'	'	'
Shares acquired by the entity	3,000	600	'	'	'	'	'	'	'	'

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2013
Discontinued Operations	'
Income from discontinued operations	$2.60
Income taxes related to the refund of excess pension contributions from the terminated Terrace Bay pension plan	$1.60

Business_Segment_Information_D

Business Segment Information (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
	item
Business Segment Information	'	'	'
Number of reportable segments	2	'	'
Business segment information	'	'	'
Net sales	$225.10	$213.20	'
Operating income (loss)	23	22.2	'
TOTAL ASSETS	694.7	'	675.9
Unallocated corporate costs	'	'	'
Business segment information	'	'	'
Operating income (loss)	-3.8	-4.1	'
Technical Products	'	'	'
Business segment information	'	'	'
Net sales	117.5	107	'
Operating income (loss)	13.7	9.7	'
TOTAL ASSETS	376.1	'	365.9
Fine Paper	'	'	'
Business segment information	'	'	'
Net sales	101.5	99.4	'
Operating income (loss)	13.3	16.3	'
TOTAL ASSETS	209.3	'	206.9
Other	'	'	'
Business segment information	'	'	'
Net sales	6.1	6.8	'
Operating income (loss)	-0.2	0.3	'
Corporate and Other	'	'	'
Business segment information	'	'	'
TOTAL ASSETS	$109.30	'	$103.10