Materion (MTRN) 10-Q 1 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 27, 2013	Oct. 23, 2013
Document and Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	27-Sep-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Trading Symbol	'MTRN	'
Entity Registrant Name	'MATERION Corp	'
Entity Central Index Key	'0001104657	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	20,619,530

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Income Statement [Abstract]	'	'	'	'
Net sales	$275,434	$290,601	$880,744	$969,319
Cost of sales	230,297	238,232	734,447	814,507
Gross margin	45,137	52,369	146,297	154,812
Selling, general and administrative expense	31,804	32,832	97,910	98,938
Research and development expense	3,190	3,019	9,901	9,310
Other—net	4,161	3,129	9,592	10,846
Operating profit	5,982	13,389	28,894	35,718
Interest expense—net	715	779	2,356	2,297
Income before income taxes	5,267	12,610	26,538	33,421
Income tax expense	144	4,496	5,721	11,260
Net income	$5,123	$8,114	$20,817	$22,161
Basic earnings per share:	'	'	'	'
Net income per share of common stock (in dollars per share)	$0.25	$0.40	$1.01	$1.08
Diluted earnings per share:	'	'	'	'
Net income per share of common stock (in dollars per share)	$0.24	$0.39	$1	$1.07
Cash dividends per share (in dollars per share)	$0.08	$0.08	$0.24	$0.15
Weighted-average number of shares of common stock outstanding:	'	'	'	'
Basic (in shares)	20,604	20,432	20,551	20,434
Diluted (in shares)	20,931	20,697	20,874	20,639

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net income	$5,123	$8,114	$20,817	$22,161
Other comprehensive income:	'	'	'	'
Foreign currency translation adjustment	478	1,271	-2,902	449
Derivative and hedging activity, net of tax	-428	-521	-273	-858
Pension and post employment benefit adjustment, net of tax	1,232	835	3,671	2,504
Net change in accumulated other comprehensive income	1,282	1,585	496	2,095
Comprehensive income	$6,405	$9,699	$21,313	$24,256

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 27, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Current assets	'	'
Cash and cash equivalents	$20,157	$16,056
Accounts receivable	121,987	126,482
Other receivables	384	405
Inventories	212,784	206,125
Prepaid expenses	36,995	41,685
Deferred income taxes	9,195	10,236
Total current assets	401,502	400,989
Related-party notes receivable	11	51
Long-term deferred income taxes	20,749	19,946
Property, plant and equipment—cost	779,870	779,785
Less allowances for depreciation, depletion and amortization	-514,562	-507,243
Property, plant and equipment—net	265,308	272,542
Intangible assets	25,908	28,869
Other assets	3,767	3,767
Goodwill	88,753	88,753
Total assets	805,998	814,917
Current liabilities	'	'
Short-term debt	36,013	49,432
Accounts payable	30,972	42,281
Other liabilities and accrued items	50,778	55,811
Unearned revenue	461	1,543
Total current liabilities	118,224	149,067
Other long-term liabilities	16,515	16,173
Retirement and post-employment benefits	122,000	125,978
Unearned income	57,664	61,184
Long-term income taxes	1,510	1,510
Deferred income taxes	384	1,130
Long-term debt	52,423	44,880
Shareholders’ equity	437,278	414,995
Total liabilities and shareholders’ equity	$805,998	$814,917

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012
Cash flows from operating activities:	'	'
Net income	$20,817	$22,161
Adjustments to reconcile net income to net cash provided from (used in) operating activities:	'	'
Depreciation, depletion and amortization	30,842	28,923
Amortization of deferred financing costs in interest expense	501	487
Stock-based compensation expense	4,103	4,343
Changes in assets and liabilities net of acquired assets and liabilities:	'	'
Decrease (increase) in accounts receivable	3,122	-20,451
Decrease (increase) in other receivables	21	4,393
Decrease (increase) in inventory	-7,496	-23,795
Decrease (increase) in prepaid and other current assets	4,653	-4,852
Decrease (increase) in deferred income taxes	249	-812
Increase (decrease) in accounts payable and accrued expenses	-21,216	-12,805
Increase (decrease) in unearned revenue	-1,082	-1,316
Increase (decrease) in interest and taxes payable	108	-577
Increase (decrease) in long-term liabilities	1,152	-3,618
Other-net	2,741	545
Net cash provided from (used in) operating activities	38,515	-7,374
Cash flows from investing activities:	'	'
Payments for purchase of property, plant and equipment	-19,830	-25,335
Payments for mine development	-4,407	-4,992
Reimbursements for capital equipment under government contracts	0	991
Payments for purchase of business net of cash received	0	-3,894
Proceeds from sale of property, plant and equipment	23	0
Other investments-net	20	1,742
Net cash used in investing activities	-24,194	-31,488
Cash flows from financing activities:	'	'
Proceeds from issuance (repayments) of short-term debt	-13,263	16,505
Proceeds from issuance of long-term debt	70,333	32,305
Repayment of long-term debt	-62,789	-7,740
Debt issuance costs	-1,554	0
Principal payments under capital lease obligations	-491	-580
Repurchase of common stock	0	-119
Payment of dividends	-4,847	-3,083
Issuance of common stock under stock option plans	1,075	144
Tax benefit from stock compensation realization	1,664	77
Net cash (used in) provided from financing activities	-9,872	37,509
Effects of exchange rate changes	-348	-8
Net change in cash and cash equivalents	4,101	-1,361
Cash and cash equivalents at beginning of period	16,056	12,255
Cash and cash equivalents at end of period	$20,157	$10,894

Accounting_Policies

Accounting Policies	9 Months Ended
	Sep. 27, 2013
Accounting Policies [Abstract]	'
Accounting Policies	'
	Accounting Policies
	In management’s opinion, the accompanying consolidated financial statements contain all adjustments necessary to present fairly the financial position as of September 27, 2013 and December 31, 2012 and the results of operations for the third quarter and nine months ended September 27, 2013 and September 28, 2012. All adjustments were of a normal and recurring nature.

Inventories

Inventories	9 Months Ended
	Sep. 27, 2013
Inventory Disclosure [Abstract]	'
Inventories	'
	Inventories
	Inventories on the Consolidated Balance Sheets are summarized as follows:
	(Thousands)	Sept. 27, 2013		Dec. 31,
				2012
	Principally average cost:
	Raw materials and supplies	$	43,645	$	42,751
	Work in process	199,254		203,179
	Finished goods	53,386		51,094
	Gross inventories	296,285		297,024
	Excess of average cost over LIFO inventory value	83,501		90,899
	Net inventories	$	212,784	$	206,125

Pensions_and_Other_Postemploym

Pensions and Other Post-employment Benefits	9 Months Ended
	Sep. 27, 2013
Compensation and Retirement Disclosure [Abstract]	'
Pensions and Other Post-employment Benefits	'
	Pensions and Other Post-employment Benefits
	The following is a summary of the third quarter and first nine months of 2013 and 2012 net periodic benefit cost for the domestic pension plans (which include the defined benefit plan and the supplemental retirement plans) and the domestic retiree medical plan.
		Pension Benefits						Other Benefits
		Third Quarter Ended						Third Quarter Ended
	(Thousands)	Sept. 27, 2013			Sept. 28, 2012			Sept. 27, 2013		Sept. 28, 2012
	Components of net periodic benefit cost
	Service cost	$	2,356		$	1,966		$	76	$	93
	Interest cost	2,353			2,341			311		360
	Expected return on plan assets	(2,996		)	(2,926		)	—		—
	Amortization of prior service cost (benefit)	(85		)	(118		)	29		—
	Amortization of net loss	1,951			1,402			—		—
	Net periodic benefit cost	$	3,579		$	2,665		$	416	$	453
		Pension Benefits						Other Benefits
		Nine Months Ended						Nine Months Ended
	(Thousands)	Sept. 27, 2013			Sept. 28, 2012			Sept. 27, 2013		Sept. 28, 2012
	Components of net periodic benefit cost
	Service cost	$	7,066		$	5,900		$	229	$	279
	Interest cost	7,060			7,013			932		1,080
	Expected return on plan assets	(8,989		)	(8,778		)	—		—
	Amortization of prior service cost (benefit)	(255		)	(354		)	86		—
	Amortization of net loss	5,816			4,206			—		—
	Net periodic benefit cost	$	10,698		$	7,987		$	1,247	$	1,359
	The Company made contributions to the domestic defined benefit pension plan of $9.2 million in the first nine months of 2013.

Contingencies

Contingencies	9 Months Ended
	Sep. 27, 2013
Loss Contingency [Abstract]	'
Contingencies	'
	Contingencies
	Materion Brush Inc., one of the Company’s wholly owned subsidiaries, is a defendant from time to time in legal proceedings where the plaintiffs allege they have contracted chronic beryllium disease (CBD) or related ailments as a result of exposure to beryllium. The Company will record a reserve for CBD or other litigation when a loss from either settlement or verdict is probable and estimable. Claims filed by third-party plaintiffs where the alleged exposure occurred prior to December 31, 2007 may be covered by insurance subject to an annual deductible of $1.0 million. Reserves are recorded for asserted claims only and defense costs are expensed as incurred. One CBD case, which was filed in 2012, was outstanding as of the end of the third quarter 2013. No other CBD cases were filed or dismissed during the first nine months of 2013. A loss reserve of $0.1 million was recorded for this case as of the end of the third quarter 2013, unchanged from year-end 2012.
	The Company has an active environmental compliance program and records reserves for the probable cost of identified environmental remediation projects. The reserves are established based upon analyses conducted by the Company’s engineers and outside consultants and are adjusted from time to time based upon ongoing studies, the difference between actual and estimated costs and other factors. The reserves may also be affected by rulings and negotiations with regulatory agencies. The undiscounted reserve balance was $5.0 million as of the end of the third quarter 2013 and $5.3 million at December 31, 2012. Environmental projects tend to be long term and the final actual remediation costs may differ from the amounts currently recorded.

Segment_Reporting

Segment Reporting	9 Months Ended
	Sep. 27, 2013
Segment Reporting [Abstract]	'
Segment Reporting	'
	Segment Reporting
	(Thousands)	Advanced		Performance		Beryllium and			Technical		Subtotal		All			Total
		Material		Alloys		Composites			Materials				Other
		Technologies
	Third Quarter 2013
	Sales to external customers	$	176,294	$	69,578	$	13,685		$	15,877	$	275,434	$	—		$	275,434
	Intersegment sales	523		443		67			156		1,189		—			1,189
	Operating profit (loss)	4,800		4,520		(3,306		)	1,421		7,435		(1,453		)	5,982
	Third Quarter 2012
	Sales to external customers	$	190,508	$	68,700	$	14,418		$	16,975	$	290,601	$	—		$	290,601
	Intersegment sales	520		599		245			119		1,483		—			1,483
	Operating profit (loss)	9,212		5,404		(515		)	1,135		15,236		(1,847		)	13,389
	First Nine Months 2013
	Sales to external customers	$	566,158	$	218,435	$	42,194		$	53,957	$	880,744	$	—		$	880,744
	Intersegment sales	2,048		1,484		200			600		4,332		—			4,332
	Operating profit (loss)	12,694		18,654		(3,780		)	5,246		32,814		(3,920		)	28,894
	Assets	319,593		267,232		142,183			23,734		752,742		53,256			805,998
	First Nine Months 2012
	Sales to external customers	$	654,245	$	216,434	$	43,102		$	55,459	$	969,240	$	79		$	969,319
	Intersegment sales	1,691		1,968		574			590		4,823		—			4,823
	Operating profit (loss)	22,011		18,349		(3,823		)	4,995		41,532		(5,814		)	35,718
	Assets	366,190		257,825		134,787			23,094		781,896		36,463			818,359

Stockbased_Compensation_Expens

Stock-based Compensation Expense	9 Months Ended
	Sep. 27, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock-based Compensation Expense	'
	Stock-based Compensation Expense
	Stock-based compensation expense was $1.4 million in the third quarter 2013 and $1.5 million in the third quarter 2012. For the first nine months of the year, stock-based compensation expense was $4.1 million in 2013 and $4.3 million in 2012.
	The Company granted approximately 147,000 stock appreciation rights (SARs) to certain employees in the first quarter 2013 at a strike price of $28.32 per share. The fair value of the SARs, which was determined on the grant date using a Black-Scholes model, was $12.54 per share and will be amortized over the vesting period of three years. The SARs expire in seven years from the date of the grant.
	The Company granted approximately 42,000 shares of restricted stock units to certain employees in the first quarter 2013 at a weighted-average fair value of $28.32 per share. The fair value was determined using the closing price of the Company’s common stock on the grant date and will be amortized over the vesting period of three years. The holders of the restricted stock units will forfeit their shares if their employment is terminated prior to the end of the vesting period.
	The Company granted approximately 42,000 shares of performance-based restricted stock units to certain employees in the first quarter 2013 at a fair value of $23.90 per share. The fair value will be expensed over the vesting period of three years. The final share payout to the employees will be based upon the Company’s total return to shareholders over the vesting period relative to a peer group’s performance over the same period.
	The Company received $1.1 million for the exercise of approximately 69,000 options during the first nine months of 2013 and $0.1 million for the exercise of approximately 14,000 options during the first nine months of 2012. Exercises of SARs totaled approximately 120,000 in the first nine months of 2013 and 27,000 in the first nine months of 2012.

Othernet

Other-net	9 Months Ended
	Sep. 27, 2013
Other Income and Expenses [Abstract]	'
Other-net	'
	Other-net
	Other-net income (expense) for the third quarter and first nine months of 2013 and 2012 is summarized as follows:
		Third Quarter Ended						Nine Months Ended
		Sept. 27,			Sept. 28,			Sept. 27,			Sept. 28,
	(Thousands)	2013			2012			2013			2012
	Foreign currency exchange/translation gain	$	126		$	629		$	1,271		$	1,049
	Amortization of intangible assets	(1,359		)	(1,408		)	(4,001		)	(4,278		)
	Metal consignment fees	(1,640		)	(2,140		)	(5,158		)	(7,009		)
	Other items	(1,288		)	(210		)	(1,704		)	(608		)
	Total	$	(4,161	)	$	(3,129	)	$	(9,592	)	$	(10,846	)

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 27, 2013
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	The tax expense of $0.1 million in the third quarter 2013 was calculated by applying a rate of 2.7% against income before income taxes while the tax expense of $4.5 million in the third quarter 2012 was calculated by applying a rate of 35.7% against the income before income taxes in that period.
	In the first nine months of 2013, the tax expense of $5.7 million was calculated using an effective rate of 21.6%. The tax expense was $11.3 million in the first nine months of 2012 and the effective rate was 33.7% in that period.
	The differences between the statutory and effective rates in the third quarter and first nine months of both years was due to the impact of percentage depletion, the production deduction, foreign source income and deductions, executive compensation, state and local taxes, discrete events and other factors. The research and experimentation credit for 2013 also reduced the effective tax rate in the third quarter and first nine months of 2013.
	The tax expense in the third quarter 2013 included net favorable discrete items of $0.7 million that resulted from the finalization of the 2012 federal tax return at a lower liability than what was previously recorded in the financial statements, the reversal of tax reserves due to the lapse of the statute of limitations, the benefits from amending a prior year federal tax return and other items.
	The Company recorded a discrete tax benefit of $0.6 million in the first quarter 2013 primarily for the research and experimentation credit for 2012. The research and experimentation credit was not recorded in 2012 as the U.S. Congress did not extend the credit for 2012 until the first quarter 2013 and accounting regulations require tax expense to be recorded based upon the laws that were in effect as of year end.
	Discrete items were a favorable $0.5 million in the third quarter 2012 resulting from the finalization of the 2011 federal tax return during that period and the impact of the lapse of the statute of limitations. Discrete items for the first nine months of 2012 were a net favorable $0.4 million.
	The effective tax rate in the third quarter 2013 prior to the impact of the discrete items was lower than the effective rate used in the first two quarters of 2013 due to revised annual projections. The impact of the lower rate reduced tax expense and increased net income by $0.7 million, or $0.03 per share, in the third quarter 2013.

Depreciation

Depreciation	9 Months Ended
	Sep. 27, 2013
Property, Plant and Equipment [Abstract]	'
Depreciation	'
	Depreciation
	The Company received $63.5 million from the Department of Defense (DoD) in previous periods for reimbursement of the DoD's share of the cost of capital equipment acquired by the Company under a Title III contract. The Company recorded the cost of the equipment in property, plant and equipment and the reimbursements as unearned income, a liability on the Consolidated Balance Sheets. The equipment was placed in service during the third quarter 2012 and its full cost is being depreciated in accordance with Company policy. The unearned income liability is being reduced ratably with the depreciation expense recorded over the life of the equipment.
	In the first nine months of 2013, the depreciation expense on the equipment subject to reimbursement was $3.5 million. Unearned income was reduced by $3.5 million, accordingly, with the offset recorded as a credit to cost of sales. Depreciation, depletion and amortization expense on the Consolidated Statement of Cash Flows is shown net of reduction in unearned income.

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	9 Months Ended
	Sep. 27, 2013
Fair Value Disclosures [Abstract]	'
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	The Company measures and records financial instruments at their fair values. A fair value hierarchy is used for those instruments measured at fair value that distinguishes between assumptions based on market data (observable inputs) and the Company’s assumptions (unobservable inputs). The hierarchy consists of three levels:
	Level 1 — Quoted market prices in active markets for identical assets and liabilities;
	Level 2 — Inputs other than Level 1 inputs that are either directly or indirectly observable; and
	Level 3 — Unobservable inputs developed using estimates and assumptions developed by the Company, which reflect those that a market participant would use.
	The following table summarizes the financial instruments measured at fair value in the Consolidated Balance Sheets as of September 27, 2013:
				Fair Value Measurements
	(Thousands)	Total		Quoted Prices		Significant		Significant
				in  Active		Other		Unobservable
				Markets  for		Observable		Inputs
				Identical		Inputs		(Level 3)
				Assets		(Level 2)
				(Level  1)
	Financial Assets
	Directors’ deferred compensation investments	$	509	$	509	$	—	$	—
	Foreign currency forward contracts	202		—		202		—
	Total	$	711	$	509	$	202	$	—
	Financial Liabilities
	Directors’ deferred compensation liability	$	509	$	509	$	—	$	—
	Foreign currency forward contracts	272		—		272		—
	Total	$	781	$	509	$	272	$	—
	The Company uses a market approach to value the assets and liabilities for outstanding derivative contracts in the table above. Foreign currency forward contracts and precious metal hedge contracts are valued through models that utilize market observable inputs including both spot and forward prices for the same underlying currencies and metals. The carrying values of the other working capital items and debt on the Consolidated Balance Sheets approximate their fair values as of September 27, 2013.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activity	9 Months Ended
	Sep. 27, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments and Hedging Activity	'
	Derivative Instruments and Hedging Activity
	The Company uses derivative contracts to hedge portions of its foreign currency and precious metal exposures. The objectives for using derivatives in these areas are as follows:
	Foreign Currency. The Company sells products to overseas customers in their local currencies, primarily the euro and yen. The Company uses foreign currency derivatives, mainly forward contracts and options, to hedge these anticipated sales transactions. The purpose of the hedge program is to protect against the reduction in dollar value of the foreign currency sales from adverse exchange rate movements. Should the dollar strengthen significantly, the decrease in the translated value of the foreign currency sales should be partially offset by gains on the hedge contracts. Depending upon the methods used, the hedge contract may limit the benefits from a weakening U.S. dollar.
	The use of forward contracts locks in a firm rate and eliminates any downside from an adverse rate movement as well as any benefit from a favorable rate movement. The Company may from time to time choose to hedge with options or a tandem of options known as a collar. These hedging techniques can limit or eliminate the downside risk but can allow for some or all of the benefit from a favorable rate movement to be realized. Unlike a forward contract, a premium is paid for an option; collars, which are a combination of a put and call option, may have a net premium but they can be structured to be cash neutral. The Company will primarily hedge with forward contracts due to the relationship between the cash outlay and the level of risk.
	The use of foreign currency derivative contracts is governed by policies approved by the Audit Committee of the Board of Directors. A team consisting of senior financial managers reviews the estimated exposure levels, as defined by budgets, forecasts and other internal data, and determines the timing, amounts and instruments to use to hedge that exposure within the confines of the policy. Management analyzes the effective hedged rates and the actual and projected gains and losses on the hedging transactions against the program objectives, targeted rates and levels of risk assumed. Hedge contracts are typically layered in at different times for a specified exposure period in order to minimize the impact of rate movements.
	Precious Metals. The Company maintains the majority of its precious metal production requirements on consignment in order to reduce the working capital investment and the exposure to metal price movements. When a precious metal product is fabricated and ready for shipment to the customer, the metal is purchased out of consignment at the current market price and that price forms the basis for the price to be charged to the customer.
	In certain circumstances, a customer may want to establish the price for the precious metal when the sales order is placed rather than at the time of the shipment. Setting the selling price at a different date than when the material would be purchased potentially creates an exposure to movements in the market price of the metal. Therefore, in these limited situations, the Company may elect to enter into a forward contract to purchase a stated quantity of precious metal at a fixed price on a specified date in the future. The price in the forward contract serves as the basis for the price to be charged to the customer. By so doing, the selling and purchase prices are matched and the Company’s market price exposure is reduced.
	The Company refines precious metal-containing materials for its customers and typically will purchase the refined metal from the customer at current market prices. In limited circumstances, the customer may want to fix the price to be paid at the time of the order as opposed to when the material is refined. The customer may also want to fix the price to be paid for a number of orders over a period of time. The Company may then enter into a hedge contract, either a forward contract or a swap, to fix the price for the estimated quantity of refined metal to be purchased thereby reducing the exposure to adverse movements in the market price of the metal.
	The Company will only enter into a derivative contract if there is an underlying identified exposure. Contracts are typically held until maturity. The Company does not engage in derivative trading activities and does not use derivatives for speculative purposes. The Company only uses currency hedge contracts that are denominated in the same currency as the underlying exposure and precious metal hedge contracts denominated in the same metal as the underlying exposure.
	All derivatives are recorded on the balance sheet at their fair values. If the derivative is designated and effective as a cash flow hedge, changes in the fair value of the derivative are recognized in other comprehensive income (OCI) until the hedged item is recognized in earnings. The ineffective portion of a derivative’s fair value, if any, is recognized in earnings immediately. If a derivative is not a hedge, changes in the fair value are adjusted through income. The fair values of the outstanding derivatives are recorded on the balance sheet as assets (if the derivatives are in a gain position) or liabilities (if the derivatives are in a loss position). The fair values will also be classified as short term or long term depending upon their maturity dates.
	The outstanding foreign currency forward contracts had a notional value of $15.2 million as of September 27, 2013. All of these contracts were designated and effective as cash flow hedges. The fair values of the yen forward contract of $0.2 million was recorded in prepaid expenses and the fair value of a loss of $0.3 million on the euro forward contracts was recorded in other liabilities and accrued items on the Consolidated Balance Sheets as of September 27, 2013.
	There was no ineffectiveness associated with the contracts outstanding at September 27, 2013 and no ineffectiveness expense was recorded in the first nine months of 2013 or 2012.
	Changes in the fair value of outstanding cash flow hedges recorded in OCI totaled $(0.1) million at September 27, 2013 and $0.2 million at September 28, 2012. The Company expects to relieve the entire balance in OCI as of September 27, 2013 to income on the Consolidated Statements of Income during the twelve month period beginning September 28, 2013. See Note L to the Consolidated Financial Statements for additional OCI details.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 27, 2013
Equity [Abstract]	'
Accumulated Other Comprehensive Income	'
	Accumulated Other Comprehensive Income
	Changes in the components of accumulated other comprehensive income, including the amounts reclassified out, for the third quarter and first nine months of 2013 and 2012 are as follows:
		Gains and Losses						Pension and Post Employment Benefits			Foreign Currency Translation
		On Cash Flow Hedges
	(Thousands)	Foreign Currency			Precious Metals									Total
	Balance, June 28, 2013	$	553		$	23		$	(123,789	)	$	697		$	(122,516	)
	Other comprehensive income (loss) before reclassifications	(254		)	—			—			478			224
	Amounts reclassified from accumulated other comprehensive income	(369		)	(23		)	1,895			—			1,503
	Net current period other comprehensive income (loss)	(623		)	(23		)	1,895			478			1,727
	Balance, September 27, 2013	$	(70	)	$	—		$	(121,894	)	$	1,175		$	(120,789	)
	Balance, June 29, 2012	$	1,201		$	(157	)	$	(102,668	)	$	4,125		$	(97,499	)
	Other comprehensive income (loss) before reclassifications	(322		)	(99		)	—			1,271			850
	Amounts reclassified from accumulated other comprehensive income	(650		)	157			1,284			—			791
	Net current period other comprehensive income (loss)	(972		)	58			1,284			1,271			1,641
	Balance, September 28, 2012	$	229		$	(99	)	$	(101,384	)	$	5,396		$	(95,858	)
	Balance, December 31, 2012	$	253		$	97		$	(127,541	)	$	4,077		$	(123,114	)
	Other comprehensive income (loss) before reclassifications	617			23			—			—			640
	Amounts reclassified from accumulated other comprehensive income	(940		)	(120		)	5,647			(2,902		)	1,685
	Net current period other comprehensive income (loss)	(323		)	(97		)	5,647			(2,902		)	2,325
	Balance, September 27, 2013	$	(70	)	$	—		$	(121,894	)	$	1,175		$	(120,789	)
	Balance, December 31, 2011	$	1,399		$	51		$	(105,236	)	$	4,947		$	(98,839	)
	Other comprehensive income (loss) before reclassifications	357			(649		)	—			—			(292		)
	Amounts reclassified from accumulated other comprehensive income	(1,527		)	499			3,852			449			3,273
	Net current period other comprehensive income (loss)	(1,170		)	(150		)	3,852			449			2,981
	Balance, September 28, 2012	$	229		$	(99	)	$	(101,384	)	$	5,396		$	(95,858	)
	Reclassifications from accumulated other comprehensive income of gains and losses on foreign currency cash flow hedges are recorded in other-net on the Consolidated Statement of Income while the gains and losses on precious metal cash flow hedges are recorded in cost of sales on the Consolidated Statement of Income. See Note K to the Consolidated Financial Statements for additional details on cash flow hedges.
	Reclassifications from accumulated other comprehensive income for pension and post employment benefits are included in the computation of the net periodic pension and post employment benefit expense. See Note C to the Consolidated Financial Statements for additional details on pension and post employment expenses.
	All amounts in the above table are presented on a pre-tax basis.

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Sep. 27, 2013
Inventory Disclosure [Abstract]	'
Summary of Inventories	'
	Inventories on the Consolidated Balance Sheets are summarized as follows:
	(Thousands)	Sept. 27, 2013		Dec. 31,
				2012
	Principally average cost:
	Raw materials and supplies	$	43,645	$	42,751
	Work in process	199,254		203,179
	Finished goods	53,386		51,094
	Gross inventories	296,285		297,024
	Excess of average cost over LIFO inventory value	83,501		90,899
	Net inventories	$	212,784	$	206,125

Pensions_and_Other_Postemploym1

Pensions and Other Post-employment Benefits (Tables)	9 Months Ended
	Sep. 27, 2013
Compensation and Retirement Disclosure [Abstract]	'
Components of Net Periodic Benefit Cost	'
	The following is a summary of the third quarter and first nine months of 2013 and 2012 net periodic benefit cost for the domestic pension plans (which include the defined benefit plan and the supplemental retirement plans) and the domestic retiree medical plan.
		Pension Benefits						Other Benefits
		Third Quarter Ended						Third Quarter Ended
	(Thousands)	Sept. 27, 2013			Sept. 28, 2012			Sept. 27, 2013		Sept. 28, 2012
	Components of net periodic benefit cost
	Service cost	$	2,356		$	1,966		$	76	$	93
	Interest cost	2,353			2,341			311		360
	Expected return on plan assets	(2,996		)	(2,926		)	—		—
	Amortization of prior service cost (benefit)	(85		)	(118		)	29		—
	Amortization of net loss	1,951			1,402			—		—
	Net periodic benefit cost	$	3,579		$	2,665		$	416	$	453
		Pension Benefits						Other Benefits
		Nine Months Ended						Nine Months Ended
	(Thousands)	Sept. 27, 2013			Sept. 28, 2012			Sept. 27, 2013		Sept. 28, 2012
	Components of net periodic benefit cost
	Service cost	$	7,066		$	5,900		$	229	$	279
	Interest cost	7,060			7,013			932		1,080
	Expected return on plan assets	(8,989		)	(8,778		)	—		—
	Amortization of prior service cost (benefit)	(255		)	(354		)	86		—
	Amortization of net loss	5,816			4,206			—		—
	Net periodic benefit cost	$	10,698		$	7,987		$	1,247	$	1,359

Segment_Reporting_Tables

Segment Reporting (Tables)	9 Months Ended
	Sep. 27, 2013
Segment Reporting [Abstract]	'
Segment Reporting	'
	(Thousands)	Advanced		Performance		Beryllium and			Technical		Subtotal		All			Total
		Material		Alloys		Composites			Materials				Other
		Technologies
	Third Quarter 2013
	Sales to external customers	$	176,294	$	69,578	$	13,685		$	15,877	$	275,434	$	—		$	275,434
	Intersegment sales	523		443		67			156		1,189		—			1,189
	Operating profit (loss)	4,800		4,520		(3,306		)	1,421		7,435		(1,453		)	5,982
	Third Quarter 2012
	Sales to external customers	$	190,508	$	68,700	$	14,418		$	16,975	$	290,601	$	—		$	290,601
	Intersegment sales	520		599		245			119		1,483		—			1,483
	Operating profit (loss)	9,212		5,404		(515		)	1,135		15,236		(1,847		)	13,389
	First Nine Months 2013
	Sales to external customers	$	566,158	$	218,435	$	42,194		$	53,957	$	880,744	$	—		$	880,744
	Intersegment sales	2,048		1,484		200			600		4,332		—			4,332
	Operating profit (loss)	12,694		18,654		(3,780		)	5,246		32,814		(3,920		)	28,894
	Assets	319,593		267,232		142,183			23,734		752,742		53,256			805,998
	First Nine Months 2012
	Sales to external customers	$	654,245	$	216,434	$	43,102		$	55,459	$	969,240	$	79		$	969,319
	Intersegment sales	1,691		1,968		574			590		4,823		—			4,823
	Operating profit (loss)	22,011		18,349		(3,823		)	4,995		41,532		(5,814		)	35,718
	Assets	366,190		257,825		134,787			23,094		781,896		36,463			818,359

Othernet_Tables

Other-net (Tables)	9 Months Ended
	Sep. 27, 2013
Other Income and Expenses [Abstract]	'
Summary of Other-Net Expense	'
	Other-net income (expense) for the third quarter and first nine months of 2013 and 2012 is summarized as follows:
		Third Quarter Ended						Nine Months Ended
		Sept. 27,			Sept. 28,			Sept. 27,			Sept. 28,
	(Thousands)	2013			2012			2013			2012
	Foreign currency exchange/translation gain	$	126		$	629		$	1,271		$	1,049
	Amortization of intangible assets	(1,359		)	(1,408		)	(4,001		)	(4,278		)
	Metal consignment fees	(1,640		)	(2,140		)	(5,158		)	(7,009		)
	Other items	(1,288		)	(210		)	(1,704		)	(608		)
	Total	$	(4,161	)	$	(3,129	)	$	(9,592	)	$	(10,846	)

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 27, 2013
Fair Value Disclosures [Abstract]	'
Summary of Fair Value Information and Derivative Financial Instruments	'
	The following table summarizes the financial instruments measured at fair value in the Consolidated Balance Sheets as of September 27, 2013:
				Fair Value Measurements
	(Thousands)	Total		Quoted Prices		Significant		Significant
				in  Active		Other		Unobservable
				Markets  for		Observable		Inputs
				Identical		Inputs		(Level 3)
				Assets		(Level 2)
				(Level  1)
	Financial Assets
	Directors’ deferred compensation investments	$	509	$	509	$	—	$	—
	Foreign currency forward contracts	202		—		202		—
	Total	$	711	$	509	$	202	$	—
	Financial Liabilities
	Directors’ deferred compensation liability	$	509	$	509	$	—	$	—
	Foreign currency forward contracts	272		—		272		—
	Total	$	781	$	509	$	272	$	—

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 27, 2013
Equity [Abstract]	'
Schedule of Accumulated Other Comprehensive Income (Loss)	'
	Changes in the components of accumulated other comprehensive income, including the amounts reclassified out, for the third quarter and first nine months of 2013 and 2012 are as follows:
		Gains and Losses						Pension and Post Employment Benefits			Foreign Currency Translation
		On Cash Flow Hedges
	(Thousands)	Foreign Currency			Precious Metals									Total
	Balance, June 28, 2013	$	553		$	23		$	(123,789	)	$	697		$	(122,516	)
	Other comprehensive income (loss) before reclassifications	(254		)	—			—			478			224
	Amounts reclassified from accumulated other comprehensive income	(369		)	(23		)	1,895			—			1,503
	Net current period other comprehensive income (loss)	(623		)	(23		)	1,895			478			1,727
	Balance, September 27, 2013	$	(70	)	$	—		$	(121,894	)	$	1,175		$	(120,789	)
	Balance, June 29, 2012	$	1,201		$	(157	)	$	(102,668	)	$	4,125		$	(97,499	)
	Other comprehensive income (loss) before reclassifications	(322		)	(99		)	—			1,271			850
	Amounts reclassified from accumulated other comprehensive income	(650		)	157			1,284			—			791
	Net current period other comprehensive income (loss)	(972		)	58			1,284			1,271			1,641
	Balance, September 28, 2012	$	229		$	(99	)	$	(101,384	)	$	5,396		$	(95,858	)
	Balance, December 31, 2012	$	253		$	97		$	(127,541	)	$	4,077		$	(123,114	)
	Other comprehensive income (loss) before reclassifications	617			23			—			—			640
	Amounts reclassified from accumulated other comprehensive income	(940		)	(120		)	5,647			(2,902		)	1,685
	Net current period other comprehensive income (loss)	(323		)	(97		)	5,647			(2,902		)	2,325
	Balance, September 27, 2013	$	(70	)	$	—		$	(121,894	)	$	1,175		$	(120,789	)
	Balance, December 31, 2011	$	1,399		$	51		$	(105,236	)	$	4,947		$	(98,839	)
	Other comprehensive income (loss) before reclassifications	357			(649		)	—			—			(292		)
	Amounts reclassified from accumulated other comprehensive income	(1,527		)	499			3,852			449			3,273
	Net current period other comprehensive income (loss)	(1,170		)	(150		)	3,852			449			2,981
	Balance, September 28, 2012	$	229		$	(99	)	$	(101,384	)	$	5,396		$	(95,858	)

Inventories_Summary_of_Invento

Inventories - Summary of Inventories (Detail) (USD $)	Sep. 27, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Principally average cost:	'	'
Raw materials and supplies	$43,645	$42,751
Work in process	199,254	203,179
Finished goods	53,386	51,094
Gross inventories	296,285	297,024
Excess of average cost over LIFO inventory value	83,501	90,899
Net inventories	$212,784	$206,125

Pensions_and_Other_Postemploym2

Pensions and Other Post-employment Benefits - Components of Net Periodic Benefit Cost (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Pension Benefits [Member]	'	'	'	'
Components of net periodic benefit cost	'	'	'	'
Service cost	$2,356	$1,966	$7,066	$5,900
Interest cost	2,353	2,341	7,060	7,013
Expected return on plan assets	-2,996	-2,926	-8,989	-8,778
Amortization of prior service cost (benefit)	-85	-118	-255	-354
Amortization of net loss	1,951	1,402	5,816	4,206
Net periodic benefit cost	3,579	2,665	10,698	7,987
Other Benefits [Member]	'	'	'	'
Components of net periodic benefit cost	'	'	'	'
Service cost	76	93	229	279
Interest cost	311	360	932	1,080
Amortization of prior service cost (benefit)	29	0	86	0
Net periodic benefit cost	$416	$453	$1,247	$1,359

Pensions_and_Other_Postemploym3

Pensions and Other Post-employment Benefits - Additional Information (Detail) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 27, 2013
Compensation and Retirement Disclosure [Abstract]	'
Domestic defined benefit pension plan	$9.20

Contingencies_Additional_Infor

Contingencies - Additional Information (Detail) (USD $)	Sep. 27, 2013	Dec. 31, 2012
In Millions, unless otherwise specified	LegalMatter
Loss Contingency [Abstract]	'	'
Annual deductible to cover defense and indemnity costs incurred	$1	'
Number of CBD cases pending	1	'
Loss reserve on contingencies	0.1	0.1
Undiscounted reserve balance	$5	$5.30

Segment_Reporting_Detail

Segment Reporting (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012	Dec. 31, 2012
Segment Reporting Information [Line Items]	'	'	'	'	'
Sales to external customers	$275,434	$290,601	$880,744	$969,319	'
Intersegment sales	1,189	1,483	4,332	4,823	'
Operating profit (loss)	5,982	13,389	28,894	35,718	'
Assets	805,998	818,359	805,998	818,359	814,917
Subtotal [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Sales to external customers	275,434	290,601	880,744	969,240	'
Intersegment sales	1,189	1,483	4,332	4,823	'
Operating profit (loss)	7,435	15,236	32,814	41,532	'
Assets	752,742	781,896	752,742	781,896	'
Advanced Material Technologies [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Sales to external customers	176,294	190,508	566,158	654,245	'
Intersegment sales	523	520	2,048	1,691	'
Operating profit (loss)	4,800	9,212	12,694	22,011	'
Assets	319,593	366,190	319,593	366,190	'
Performance Alloys [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Sales to external customers	69,578	68,700	218,435	216,434	'
Intersegment sales	443	599	1,484	1,968	'
Operating profit (loss)	4,520	5,404	18,654	18,349	'
Assets	267,232	257,825	267,232	257,825	'
Beryllium and Composites [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Sales to external customers	13,685	14,418	42,194	43,102	'
Intersegment sales	67	245	200	574	'
Operating profit (loss)	-3,306	-515	-3,780	-3,823	'
Assets	142,183	134,787	142,183	134,787	'
Technical Materials [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Sales to external customers	15,877	16,975	53,957	55,459	'
Intersegment sales	156	119	600	590	'
Operating profit (loss)	1,421	1,135	5,246	4,995	'
Assets	23,734	23,094	23,734	23,094	'
All Other [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Sales to external customers	0	0	0	79	'
Intersegment sales	0	0	0	0	'
Operating profit (loss)	-1,453	-1,847	-3,920	-5,814	'
Assets	$53,256	$36,463	$53,256	$36,463	'

Stockbased_Compensation_Expens1

Stock-based Compensation Expense - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended		3 Months Ended	9 Months Ended		3 Months Ended		9 Months Ended
In Millions, except Share data in Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012	Mar. 29, 2013	Sep. 27, 2013	Sep. 28, 2012	Mar. 29, 2013	Mar. 29, 2013	Sep. 27, 2013	Sep. 28, 2012
					Stock Appreciation Rights [Member]	Stock Appreciation Rights [Member]	Stock Appreciation Rights [Member]	Restricted Stock [Member]	Performance Restricted Stock [Member]	Stock Options [Member]	Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Stock-based compensation expense	$1.40	$1.50	$4.10	$4.30	'	'	'	'	'	'	'
Stock appreciation rights to employees	'	'	'	'	147	'	'	42	42	'	'
Stock appreciation right strike price	'	'	'	'	$28.32	'	'	'	'	'	'
Fair value of the SARs and restricted stock	'	'	'	'	$12.54	'	'	$28.32	$23.90	'	'
Stock appreciation rights vested period	'	'	'	'	'3 years	'	'	'3 years	'3 years	'	'
Expiration period of option rights granted to non employees	'	'	'	'	'7 years	'	'	'	'	'	'
Total cash received from the exercise of stock options	'	'	'	'	'	'	'	'	'	$1.10	$0.10
Number of stock options	'	'	'	'	'	'	'	'	'	69	14
Number of SARs exercised	'	'	'	'	'	120	27	'	'	'	'

Othernet_Summary_of_OtherNet_E

Other-net - Summary of Other-Net Expense (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Other Income and Expenses [Abstract]	'	'	'	'
Foreign currency exchange/translation gain	$126	$629	$1,271	$1,049
Amortization of intangible assets	-1,359	-1,408	-4,001	-4,278
Metal consignment fees	-1,640	-2,140	-5,158	-7,009
Other items	-1,288	-210	-1,704	-608
Total	($4,161)	($3,129)	($9,592)	($10,846)

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	3 Months Ended			9 Months Ended
	Sep. 27, 2013	Mar. 29, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Income Tax Disclosure [Abstract]	'	'	'	'	'
Tax expense	$144,000	'	$4,496,000	$5,721,000	$11,260,000
Rate against income before income taxes	2.70%	'	35.70%	21.60%	33.70%
Discrete income tax charge	700,000	600,000	500,000	'	400,000
Impact of lower effective tax rate	$700,000	'	'	'	'
Per share impact of lower effective tax rate	$0.03	'	'	'	'

Depreciation_Additional_Inform

Depreciation - Additional Information (Detail) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 27, 2013
Property, Plant and Equipment [Abstract]	'
Reimbursements	$63.50
Depreciation expense	3.5
Unearned income	3.5
Credit to cost of sales for reduction in unearned income	$3.50

Fair_Value_of_Financial_Instru2

Fair Value of Financial Instruments - Summary of Fair Value Information and Derivative Financial Instruments (Detail) (USD $)	Sep. 27, 2013
In Thousands, unless otherwise specified
Financial Assets	'
Assets Fair Value Disclosure	$711
Financial Liabilities	'
Liabilities Fair Value Disclosure	781
Directors' deferred compensation investments [Member]	'
Financial Assets	'
Assets Fair Value Disclosure	509
Financial Liabilities	'
Liabilities Fair Value Disclosure	509
Foreign currency forward contracts [Member]	'
Financial Assets	'
Assets Fair Value Disclosure	202
Financial Liabilities	'
Liabilities Fair Value Disclosure	272
Fair Value, Inputs, Level 1 [Member]	'
Financial Assets	'
Assets Fair Value Disclosure	509
Financial Liabilities	'
Liabilities Fair Value Disclosure	509
Fair Value, Inputs, Level 1 [Member] | Directors' deferred compensation investments [Member]	'
Financial Assets	'
Assets Fair Value Disclosure	509
Financial Liabilities	'
Liabilities Fair Value Disclosure	509
Fair Value, Inputs, Level 2 [Member]	'
Financial Assets	'
Assets Fair Value Disclosure	202
Financial Liabilities	'
Liabilities Fair Value Disclosure	272
Fair Value, Inputs, Level 2 [Member] | Foreign currency forward contracts [Member]	'
Financial Assets	'
Assets Fair Value Disclosure	202
Financial Liabilities	'
Liabilities Fair Value Disclosure	$272

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activity - Additional Information (Detail) (USD $)	9 Months Ended
	Sep. 27, 2013	Sep. 28, 2012
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Ineffective expense	$0	$0
Foreign exchange forward [Member]	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Notional value of foreign currency forward contracts	15,200,000	'
Fair value of contracts (less than 0.1 million as of June 28, 2013)	200,000	'
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	300,000	'
Cash Flow Hedging [Member]	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Fair value of contracts (less than 0.1 million as of June 28, 2013)	($100,000)	$200,000

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income - (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Accumulated Other Comprehensive Income (Loss) [Rollward]	'	'	'	'
Beginning balance	($122,516)	($97,499)	($123,114)	($98,839)
Other comprehensive income (loss) before reclassifications	224	850	640	-292
Amounts reclassified from accumulated other comprehensive income	1,503	791	1,685	3,273
Net current period other comprehensive income (loss)	1,727	1,641	2,325	2,981
Ending balance	-120,789	-95,858	-120,789	-95,858
Pension and Post Employment Benefits [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Rollward]	'	'	'	'
Beginning balance	-123,789	-102,668	-127,541	-105,236
Other comprehensive income (loss) before reclassifications	0	0	0	0
Amounts reclassified from accumulated other comprehensive income	1,895	1,284	5,647	3,852
Net current period other comprehensive income (loss)	1,895	1,284	5,647	3,852
Ending balance	-121,894	-101,384	-121,894	-101,384
Foreign Currency Translation [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Rollward]	'	'	'	'
Beginning balance	697	4,125	4,077	4,947
Other comprehensive income (loss) before reclassifications	478	1,271	0	0
Amounts reclassified from accumulated other comprehensive income	0	0	-2,902	449
Net current period other comprehensive income (loss)	478	1,271	-2,902	449
Ending balance	1,175	5,396	1,175	5,396
Foreign Currency [Member] | Gains and Losses On Cash Flow Hedges [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Rollward]	'	'	'	'
Beginning balance	553	1,201	253	1,399
Other comprehensive income (loss) before reclassifications	-254	-322	617	357
Amounts reclassified from accumulated other comprehensive income	-369	-650	-940	-1,527
Net current period other comprehensive income (loss)	-623	-972	-323	-1,170
Ending balance	-70	229	-70	229
Precious Metals [Member] | Gains and Losses On Cash Flow Hedges [Member]	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Rollward]	'	'	'	'
Beginning balance	23	-157	97	51
Other comprehensive income (loss) before reclassifications	0	-99	23	-649
Amounts reclassified from accumulated other comprehensive income	-23	157	-120	499
Net current period other comprehensive income (loss)	-23	58	-97	-150
Ending balance	$0	($99)	$0	($99)