Xerium (XRM) 10-Q 27 Oct 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 26, 2016
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Trading Symbol	XRM
Entity Registrant Name	XERIUM TECHNOLOGIES INC
Entity Central Index Key	1,287,151
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding (in shares)		16,125,868

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 8,380	$ 9,839
Accounts receivable, net	72,485	68,562
Inventories, net	72,466	71,698
Prepaid expenses	7,520	6,649
Other current assets	18,515	16,869
Total current assets	179,366	173,617
Property and equipment, net	301,721	297,083
Goodwill	59,991	58,599
Intangible assets	7,894	1,547
Non-current deferred tax asset	12,224	9,325
Other assets	11,366	10,203
Total assets	572,562	550,374
Current liabilities:
Notes payable	7,840	6,556
Accounts payable	35,834	40,696
Accrued expenses	55,641	56,076
Current maturities of long-term debt	6,771	5,410
Total current liabilities	106,086	108,738
Long-term debt, net of current maturities	479,579	462,470
Liabilities under capital leases	20,366	8,737
Non-current deferred tax liability	10,401	8,770
Pension, other post-retirement and post-employment obligations	60,018	63,606
Other long-term liabilities	5,956	11,123
Commitments and contingencies
Stockholders’ deficit
Preferred stock, $0.001 par value, 1,000,000 shares authorized; no shares outstanding as of September 30, 2016 and December 31, 2015	0	0
Common stock, $0.001 par value, 20,000,000 shares authorized; 16,125,868 and 15,745,914 shares outstanding as of September 30, 2016 and December 31, 2015, respectively	16	16
Paid-in capital	430,386	430,054
Accumulated deficit	(434,121)	(421,448)
Accumulated other comprehensive loss	(106,125)	(121,692)
Total stockholders’ deficit	(109,844)	(113,070)
Total liabilities and stockholders’ deficit	$ 572,562	$ 550,374

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares outstanding (in shares)	16,125,868	15,745,914

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Net Sales	$ 119,191	$ 117,739	$ 358,129	$ 361,896
Costs and expenses:
Cost of products sold	75,385	71,252	222,595	217,413
Selling	15,816	15,889	47,272	48,645
General and administrative	12,644	14,370	37,577	40,261
Research and development	1,786	1,841	5,271	5,695
Restructuring	2,493	5,001	8,103	12,734
Costs and expenses	108,124	108,353	320,818	324,748
Income from operations	11,067	9,386	37,311	37,148
Interest expense, net	(12,216)	(9,775)	(33,215)	(28,144)
Loss on extinguishment of debt	(11,736)	0	(11,736)	0
Foreign exchange (loss) gain	(429)	2,059	(476)	2,150
(Loss) income before provision for income taxes	(13,314)	1,670	(8,116)	11,154
Provision for income taxes	(25)	(755)	(4,557)	(9,209)
Net (loss) income	(13,339)	915	(12,673)	1,945
Comprehensive (loss) income	$ (10,988)	$ (11,012)	$ 2,894	$ (33,706)
Net (loss) income per share:
Basic (in dollars per share)	$ (0.83)	$ 0.06	$ (0.79)	$ 0.12
Diluted (in dollars per share)	$ (0.83)	$ 0.06	$ (0.79)	$ 0.12
Shares used in computing net (loss) income per share:
Basic (in shares)	16,063,140	15,667,103	15,949,816	15,595,793
Diluted (in shares)	16,063,140	16,567,070	15,949,816	16,440,525

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Operating activities
Net (loss) income	$ (12,673)	$ 1,945
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation	2,123	2,690
Depreciation	24,206	21,397
Amortization of intangible assets	573	228
Deferred financing cost amortization	2,234	2,641
Foreign exchange loss (gain) on revaluation of debt	43	(2,115)
Deferred taxes	(3,066)	(1,571)
Asset impairment	0	1,178
Loss on disposition of property and equipment	50	(85)
Loss on extinguishment of debt	(11,736)	0
(Benefit) provision for doubtful accounts	(74)	857
Change in assets and liabilities which provided (used) cash:
Accounts receivable	1,303	(2,789)
Inventories	5,400	3,640
Prepaid expenses	(613)	(717)
Other current assets	(1,573)	(2,025)
Accounts payable and accrued expenses	(9,197)	7,257
Deferred and other long-term liabilities	1,495	(5,551)
Net cash provided by operating activities	21,967	26,980
Investing activities
Capital expenditures	(9,614)	(40,376)
Proceeds from disposals of property and equipment	94	104
Acquisition costs	(16,225)	0
Net cash used in investing activities	(25,745)	(40,272)
Financing activities
Proceeds from borrowings	541,500	57,428
Net increase in notes payable	1,121	6,759
Principal payments on debt	(510,836)	(45,573)
Payment of financing fees	(22,807)	(18)
Payment of obligations under capital leases	(2,994)	(887)
Employee taxes paid on equity awards	(1,791)	(2,124)
Net cash provided by financing activities	4,193	15,585
Effect of exchange rate changes on cash flows	(1,874)	(1,106)
Net (decrease) increase in cash	(1,459)	1,187
Cash and cash equivalents at beginning of period	9,839	9,517
Cash and cash equivalents at end of period	8,380	10,704
Accrued construction in process	$ 0	$ 1,952

Description of Business and Sig

Description of Business and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Significant Accounting Policies	Description of Business and Significant Accounting Policies Description of Business Xerium Technologies, Inc. (the "Company") is a leading global provider of industrial consumables and mechanical services used in the production of paper, paperboard, building products and nonwoven materials. Its operations are strategically located in the major paper-making regions of the world, including North America, Europe, Latin America and Asia-Pacific. Basis of Presentation The accompanying unaudited condensed consolidated interim financial statements at September 30, 2016 and for the three and nine months ended September 30, 2016 and 2015 include the accounts of the Company and its wholly-owned subsidiaries and have been prepared in conformity with U.S. Generally Accepted Accounting Principles (“GAAP”) for interim financial reporting and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). Accordingly, such financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. GAAP requires the Company’s management to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results could differ from those estimates. The interim results presented herein are not necessarily indicative of the results to be expected for the entire year. In management’s opinion, these unaudited condensed consolidated interim financial statements contain all adjustments of a normal recurring nature necessary for a fair presentation of the financial statements for the interim periods presented. These unaudited condensed consolidated interim financial statements should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2015 as reported on the Company's Annual Report on Form 10-K filed on March 14, 2016. Accounting Policies Inventories, net Inventories are generally valued at the lower of cost or market using the first-in, first-out (FIFO) method. Raw materials are valued principally on a weighted average cost basis. The Company’s work in process and finished goods are specifically identified and valued based on actual inputs to production. Provisions are recorded as appropriate to write-down obsolete and excess inventory to estimated net realizable value. The process for evaluating obsolete and excess inventory often requires management to make subjective judgments and estimates concerning future sales levels, quantities and prices at which such inventory will be able to be sold in the normal course of business, while considering the general aging of inventory and factoring in any new business conditions. The components of inventories are as follows at: September 30, 2016 December 31, 2015 Raw materials $ 15,065 $ 12,389 Work in process 26,465 25,203 Finished goods (includes consigned inventory of $6,565 at September 30, 2016 and $6,513 at December 31, 2015) 37,828 40,058 Inventory allowances (6,892 ) (5,952 ) $ 72,466 $ 71,698 Goodwill The Company accounts for goodwill and other intangible assets in accordance with ASC Topic 350, Intangibles—Goodwill and Other Intangible Assets (“Topic 350”). Topic 350 requires that goodwill and intangible assets that have indefinite lives not be amortized, but instead, must be tested for impairment at least annually or whenever events or business conditions warrant. During the three and nine months ended September 30, 2016 , the Company evaluated events and business conditions to determine if a test for an impairment of goodwill was warranted. No such events or business conditions took place during this period, therefore no test was determined to be warranted at September 30, 2016 . Warranties The Company offers warranties on certain roll products that it sells. The specific terms and conditions of these warranties vary depending on the product sold, the country in which the product is sold and arrangements with the customer. The Company estimates the costs that may be incurred under its warranties and records a liability in Accrued Expenses on its Consolidated Balance Sheet for such costs. Factors that affect the Company’s warranty liability include the number of units sold, historical and anticipated rates of warranty claims, cost per claim and new product introduction. The Company periodically assesses the adequacy of its recorded warranty claims and adjusts the amounts as necessary. The table below represents the changes in the Company’s warranty liability for the nine months ended September 30, 2016 and 2015 : Beginning Balance Charged to Cost of Sales Effect of Foreign Currency Translation Deduction from Reserves Ending Balance Nine Months Ended September 30, 2016: $ 2,175 $ 1,207 $ 70 $ (1,228 ) $ 2,224 Nine Months Ended September 30, 2015: $ 2,685 $ 1,184 $ (144 ) $ (1,580 ) $ 2,145 Net (Loss) Income Per Common Share Net (loss) income per common share has been computed and presented pursuant to the provisions of ASC Topic 260, Earnings per Share (“Topic 260”). Net (loss) income per share is based on the weighted-average number of shares outstanding during the period. As of September 30, 2016 and 2015, the Company had outstanding restricted stock units (“RSUs”), deferred stock units (“DSUs”) and options. The following table sets forth the computation of basic and diluted weighted-average shares: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Weighted-average common shares outstanding–basic 16,063,140 15,667,103 15,949,816 15,595,793 Dilutive effect of stock-based compensation awards outstanding — 899,967 — 844,732 Weighted-average common shares outstanding–diluted 16,063,140 16,567,070 15,949,816 16,440,525 The following table sets forth the aggregate of the potentially dilutive securities that were outstanding in the three and nine months ended September 30, 2016 and 2015 , but were not included in the computation of diluted earnings per share because the impact would have been anti-dilutive: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Anti-dilutive securities 919,231 24,002 919,231 20,237 Impairment The Company reviews its long-lived assets that have finite lives for impairment in accordance with ASC Topic 360, Property, Plant, and Equipment (“Topic 360”). This topic requires that companies evaluate the fair value of long-lived assets based on the anticipated undiscounted future cash flows to be generated by the assets when indicators of impairment exist to determine if there is impairment to the carrying value. Any change in the carrying amount of an asset as a result of the Company's evaluation has been recorded in either restructuring expense, if it was a result of the Company's restructuring activities, or general and administrative expense for all other impairments in the consolidated statements of operations. For the three and nine months ended September 30, 2016 and 2015 , the Company had no impairment charges included in restructuring expense. New Accounting Pronouncements In March of 2016, t he FASB issued Accounting Standards Update No 2016-09 Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09"). ASU 2016-09 will change certain aspects of accounting for share-based payments to employees. The new guidance will require all income tax effects of awards to be recognized in the income statement when the awards vest or are settled. It also will allow an employer to repurchase more of an employee’s shares than it can today for tax withholding purposes without triggering liability accounting and to make a policy election to account for forfeitures as they occur. ASU 2016-09 is required to be adopted in January of 2017. The Company early adopted this standard at June 30, 2016. As of September 30, 2016 , the adoption of the standard has resulting in the classification of $1.8 million and $2.2 million of employee taxes paid on equity awards as a financing activity in the statement of cash flows, for the nine months ended September 30, 2016 and September 30, 2015 respectively. The remaining provisions of ASU 2016-09 did not have a material impact on the accompanying condensed consolidated financial statements. In February of 2016, the FASB issued Accounting Standards Update No 2016-02 Leases ("ASU 2016-02"). ASU 2016-02 includes final guidance that requires lessees to put most leases on their balance sheets but recognize expenses in the income statement in a manner similar to today’s accounting. The guidance also eliminates today’s real estate-specific provisions and changes the guidance on sale-leaseback transactions, initial direct costs and lease executory costs for all entities. For lessors, the standard modifies the classification criteria and the accounting for sales-type and direct financing leases. All entities will classify leases to determine how to recognize lease-related revenue and expense. Classification will continue to affect amounts that lessors record on the balance sheet. Entities are required to use a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. They have the option to use certain relief. Full retrospective application is prohibited. ASU 2016-02 is effective for public companies with annual periods beginning after 15 December 2018, and interim periods within those years. For all other entities, it is effective for annual periods beginning after 15 December 2019, and interim periods the following year. Early adoption is permitted for all entities. The Company is in the process of evaluating this accounting standard update. In November of 2015, the FASB issued ASU 2015-17 Income Taxes (Topic 740), Balance Sheet Classification of Deferred Taxes ("ASU 2015-17"). This guidance requires companies to classify all deferred tax assets and liabilities as non-current on the balance sheet instead of separating deferred taxes into current and non-current amounts. For public companies, the guidance is effective for financial statements issued for annual periods beginning after 15 December 2016 (i.e., 2017 for a calendar-year company) and interim periods within those annual periods. For all other entities, the guidance is effective for financial statements issued for annual periods beginning after 15 December 2017 (i.e., 2018 for a calendar-year company), and interim periods within annual periods beginning a year later. Early adoption of the guidance is permitted. Companies can adopt the guidance either prospectively or retrospectively. The Company is in the process of evaluating this accounting standard update and does not expect that adopting ASU 2015-17 will have a material impact on its consolidated financial statements. In July of 2015, the FASB issued Accounting Standards Update Inventory ("ASU 2015-11"). ASU 2015-11 applies only to first-in, first-out (FIFO) and average cost inventory costing methods and will reduce costs and increase comparability for these methods. There will be no change for last-in, first-out, (LIFO) or retail inventory methods as the costs of transitioning to a new method would outweigh the benefits due to the complexity of these methods. Under this ASU, inventory should be measured at the lower of cost and net realizable value (selling prices in the ordinary course of business less reasonably predictable costs of completion, disposal, and transportation). When the net realizable value of inventory is less than its cost, the difference will be recognized as a loss in earnings in the period in which it occurs. This ASU more closely aligns the measurement of inventory under GAAP with International Financial Reporting Standards guidance. The amendments are effective for public companies for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years, and for other entities, the amendments are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The amendments should be applied prospectively, and early application is permitted as of the beginning of an interim or annual reporting period. The Company is in the process of evaluating this accounting standard update. In May of 2014, the FASB issued Accounting Standard Update No. 2014-09 Revenue from Contracts with Customers ("ASU 2014-09"). ASU 2014-09 requires the use of a new five-step model to recognize revenue from customer contracts. The five-step model requires that the Company identify the contract with the customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when it satisfies the performance obligations. The Company will also be required to disclose information regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. ASU 2014-09 is required to be adopted in January of 2018. Retrospective application is required either to all periods presented or with the cumulative effect of initial adoption recognized in the period of adoption. In addition, in March of 2016, the FASB issued Accounting Standard Update No. 2016-08 P rincipal versus Agent Considerations (Reporting Revenue Gross vs. Net) ("ASU 2016-08"). ASU 2016-08 amends the principal versus agent guidance in ASU 2014-09, and clarifies that the analysis must focus on whether the entity has control of the goods or services before they are transfered to the customer. ASU 2014-09 is required to be adopted in January of 2018. The Company is in the process of evaluating this accounting standard update.

Business Acquisitions

Business Acquisitions	9 Months Ended
	Sep. 30, 2016
Business Combinations [Abstract]
Business Acquisitions	Business Acquisitions On May 4, 2016, the Company acquired JJ Plank Corporation/Spencer Johnston (“Spencer Johnston”), a spreader roll company headquartered in Neenah, Wisconsin for a total purchase price of $18.0 million . This acquisition adds diversity to Xerium’s growing rolls business in North America and will expand its current product offerings, service capabilities and its markets served, strengthen its financial profile and grow its customer base. The Company acquired all of the assets and assumed certain liabilities of Spencer Johnston and obtained one hundred percent of the voting equity interest. Because the transaction was completed on May 4, 2016, the final purchase price allocation is preliminary and subject to change based on additional reviews performed, such as asset verification. Specific accounts subject to ongoing purchase accounting adjustments include but are not limited to working capital and goodwill. Therefore, the measurement period remains open as of September 30, 2016. The Company anticipates completing these purchase price accounting adjustments during the fourth quarter of 2016. The purchase price of $18.0 million resulted in net assets acquired other than goodwill of $15.3 million and goodwill of $2.7 million . All of the goodwill is allocated to the Rolls business segment. The Company made $0.9 million in goodwill reductions during the quarter ending September 30, 2016, a $0.4 million purchase price adjustment (working capital true-up) and a $0.5 million inventory valuation adjustment. Goodwill represents the excess purchase price over the fair values of assets acquired and liabilities assumed. The goodwill was generated by the synergies the transaction provides. The Company incurred roughly $0.7 million of transaction related expenses during the nine months ended September 30, 2016 . These expenses were charged to SG&A expense in the period incurred.

Derivatives and Hedging

Derivatives and Hedging	9 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging	Derivatives and Hedging Risk Management Objective of Using Derivatives The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. From time to time, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known cash amounts, the value of which are determined by interest rates or foreign exchange rates. Cash Flow Hedges of Interest Rate Risk From time to time, the Company uses interest rate derivatives to add stability to interest expense and to manage its exposure to interest rate movements. However, at September 30, 2016 , the Company had no interest rate swaps. Non-designated Hedges of Foreign Exchange Risk Derivatives not designated as hedges are not speculative and are used to manage the Company’s exposure to foreign exchange rates, but do not meet the strict hedge accounting requirements of ASC Topic 815. Changes in the fair value of derivatives not designated in hedging relationships are recorded directly in earnings. The Company, from time to time, may enter into foreign exchange forward contracts to fix currencies at specified rates based on expected future cash flows to protect against the fluctuations in cash flows resulting from sales denominated in foreign currencies. Additionally, to manage its exposure to fluctuations in foreign currency on intercompany balances and certain purchase commitments, the Company from time to time may use foreign exchange forward contracts. As of September 30, 2016 and December 31, 2015 , the Company had outstanding derivatives that were not designated as hedges in qualifying hedging relationships. The value of these contracts is recognized at fair value based on market exchange forward rates and is recorded in other assets or other liabilities on the Consolidated Balance Sheets. The following represents the fair value of these derivatives at September 30, 2016 and December 31, 2015 and the change in fair value included in foreign exchange gain (loss) in the three and nine months ended September 30, 2016 and 2015 : September 30, 2016 December 31, 2015 Fair value of derivative (liability) $ (739 ) $ (1,188 ) Three Months Ended September 30, 2016 Three Months Ended September 30, 2015 Change in fair value of derivative included in foreign exchange (loss) gain $ 24 $ (743 ) Nine Months Ended September 30, 2016 Nine Months Ended September 30, 2015 Change in fair value of derivative included in foreign exchange (loss) gain $ 93 $ (2,197 ) The following represents the notional amounts of foreign exchange forward contracts at September 30, 2016 : Notional Sold Notional Purchased Non-designated hedges of foreign exchange risk $ 4,116 $ (60,334 ) Fair Value of Derivatives Under ASC Topic 820 ASC Topic 820, Fair Value Measurements and Disclosures (“Topic 820”), emphasizes that fair value is a market-based measurement, not an entity-specific measurement. Therefore, a fair value measurement should be determined based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, Topic 820 establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity’s own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy). Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates, foreign exchange rates, and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs including fair value of investments that do not have the ability to redeem at net asset value as of the measurement date, or during the first quarter following the measurement date. The derivative assets or liabilities are typically based on an entity’s own assumptions, as there is little, if any, market activity. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and the Company considers factors specific to the asset or liability. The Company determined that its derivative valuations, which are based on market exchange forward rates, fall within Level 2 of the fair value hierarchy.

Long term Debt

Long term Debt	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Long term Debt	Long term Debt At September 30, 2016 and December 31, 2015 , long term debt consisted of the following: September 30, 2016 December 31, 2015 Notes (Secured), payable semi-annually–U.S. Dollar denominated interest rate fixed at 9.50%. Sold at a price equal to 98.54% of their face value. Matures August of 2021. $ 480,000 $ — Senior secured term loan facility, payable quarterly, U.S. Dollar denominated–LIBOR $ — $ 223,937 Senior Notes (Unsecured), payable semi-annually–U.S. Dollar denominated interest rate fixed at 8.875%. Matures June of 2018. — 236,410 Notes payable, working capital loan, variable interest rate at 2.05%. Matures June 30, 2017, with one-year rollover option. 7,840 6,556 Fixed asset loan contract, variable interest rate of 5.78%. Matures June of 2020. 8,044 8,548 Other debt 15,077 6,278 Total debt 510,961 481,729 Less deferred financing costs and debt discount (16,771 ) (7,293 ) Less current maturities of long term debt and notes payable (14,611 ) (11,966 ) Total long term debt $ 479,579 $ 462,470 On August 9, 2016, the Company closed on $480 million aggregate principal amount of 9.5% Senior Secured Notes due August 2021 (the "Notes"), which were sold at a price equal to 98.54% of their face value. The Notes will pay interest semi-annually in arrears on February 15 and August 15 of each year beginning on February 15, 2017 and will mature on August 15, 2021, unless earlier redeemed or repurchased. The Indenture to the Notes and the ABL Facility contain certain customary covenants that, subject to exceptions, restrict our ability to, among other things: • declare dividends or redeem or repurchase equity interests; • prepay, redeem or purchase debt; • incur liens and engage in sale-leaseback transactions; • make loans and investments; • incur additional indebtedness; • amend or otherwise alter debt and other material agreements; • engage in mergers, acquisitions and asset sales; • transact with affiliates; and • engage in businesses that are not related to the Company's existing business. The Company used the net proceeds from the offering to repay all amounts outstanding under its existing term loan credit facility, to redeem all of its 8.875% Senior Notes due 2018 at a redemption price equal to 102.219% of the principal amount thereof, together with accrued and unpaid interest, to the date of redemption, to pay fees and expenses relating to these transactions, and for working capital and other general corporate purposes. On May 17, 2013, The Company also entered into a Revolving Credit and Guaranty Agreement originally for a $40.0 million asset-based revolving credit facility subject to a borrowing base among Xerium Technologies, Inc., as a US borrower, Xerium Canada Inc., as Canadian borrower, certain direct and indirect U.S. subsidiaries of the Company as guarantors and certain financial institutions (the "Domestic Revolver"). On March 3, 2014, the Company entered into an amendment to the Revolving Credit and Guaranty Agreement (as amended, the “ABL Facility,” and collectively with the Term Credit Facility, the “Credit Facility”), increasing the aggregate availability under the ABL Facility to $55 million . On November 3, 2015, the Company refinanced its then existing ABL Facility and entered into a new Revolving Credit and Guaranty Agreement (as amended, the "ABL Facility") with one of its existing ABL lenders. The amount of the ABL Facility continues to provide aggregate availability of $55 million and the collateral pledged thereunder has remained the same. The ABL Facility matures in November of 2020 and accrues interest at either an Alternative Base rate (Prime plus 75 bps) or Fixed LIBOR (LIBOR +175 bps). As of September 30, 2016 these rates were 4.25% and 2.40% , respectively. On July 17, 2015 (the "Closing Date"), Xerium China, Co., Ltd. ("Xerium China"), a wholly-owned subsidiary of the Company entered into and closed a Fixed Assets Loan Contract (the "Loan Agreement") with the Industrial and Commercial Bank of China Limited, Shanghai-Jingan Branch (the “Bank”) with respect to a RMB 58.5 million loan, which was approximately $9.4 million USD on July 17, 2015. The loan is secured by pledged machinery and equipment of Xerium China and guaranteed by Xerium Asia Pacific (Shanghai) Limited and Stowe Woodward (Changzhou) Roll Technologies Co. Ltd., which are wholly-owned subsidiaries of the Company, pursuant to guarantee agreements (the "Guarantee Agreements"). Interest on the outstanding principal balance of the loan accrues at a benchmark rate plus a margin. The current interest rate at September 30, 2016 is approximately 5.8% . The interest rate will be adjusted every 12 months during the term of the loan, based on the benchmark interest rate adjustment. Interest under the loan is payable quarterly in arrears. Principal on the loan is to be repaid in part every six months following the Closing Date, in accordance with a predetermined schedule set forth in the Loan Agreement. Proceeds of the Loan will be used by Xerium China to purchase production equipment. The Loan Agreement contains certain customary representations and warranties and provisions relating to events of default. On May 26, 2011, the Company completed a refinancing transaction, which replaced certain of its then outstanding indebtedness with $240 million aggregate principal amount of 8.875% senior unsecured notes. The notes were repaid with proceeds from the 9.5% senior secured notes. On May 17, 2013, the Company entered into a Credit and Guaranty Agreement for a $200.0 million (increased to $230 million on August 18, 2016) term loan credit facility (the “Term Credit Facility”), net of a discount of $1.0 million , among the Company, certain direct and indirect U.S. subsidiaries of the Company as guarantors and certain financial institutions. This facility was repaid with proceeds from the 9.5% senior secured notes. As of September 30, 2016 , the outstanding balance of the Company's term debt under its ABL Facility and Notes was $480.0 million . In addition, as of September 30, 2016 , an aggregate of $22.1 million is available for additional borrowings. This availability represents a borrowing base of $34.2 million less $12.1 million of that facility committed for letters of credit or additional borrowings. As of September 30, 2016 , the carrying value of the Company’s long term debt was $496.4 million and its fair value was approximately $503.6 million . The Company determined the fair value of its debt utilizing significant other observable inputs (Level 2 of the fair value hierarchy). Capitalized Lease Liabilities As of September 30, 2016 , the Company had capitalized lease liabilities totaling $20.4 million . These amounts represent the lease on the corporate headquarters and the Kunshan, China facility, as well as other leases for software, vehicles and machinery and equipment. In addition, in April of 2016, the Company entered into sales - lease back arrangements totaling $6.0 million for various machinery and equipment in North America. The proceeds were used to partially fund the Spencer Johnston acquisition, which closed in May of 2016.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company utilizes the liability method for accounting for income taxes in accordance with ASC Topic 740 , Income Taxes (“Topic 740”). Under Topic 740, deferred tax assets and liabilities are determined based on the difference between their financial reporting and tax basis. The assets and liabilities are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company reduces its deferred tax assets by a valuation allowance if, based upon the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. In making this determination, the Company evaluates all available information including the Company’s financial position and results of operations for the current and preceding years, as well as any available projected information for future years. For the three and nine months ended September 30, 2016 , the provision for income taxes was $0.0 million and $4.6 million as compared to $0.8 million and $9.2 million for the three and nine months ended September 30, 2015 . The decrease in tax expense in the three and nine months ended September 30, 2016 was primarily attributable to the geographic mix of earnings, as well as tax benefits from interest deductions in Brazil and the impact of the intra-period allocation as a result of the loss from continuing operations and income from other comprehensive income. Generally, the provision for income taxes is primarily impacted by income earned in tax paying jurisdictions relative to income earned in non-tax paying jurisdictions. The majority of income recognized for purposes of computing the effective tax rate is earned in countries where the statutory income tax rates range from 15.0% to 35.4% ; however, permanent income adjustments recorded against pre-tax earnings may result in an effective tax rate that is higher or lower than the statutory tax rate in these jurisdictions. The Company generates losses in certain jurisdictions for which no tax benefit is realized, as the deferred tax assets in these jurisdictions (including the net operating losses) are fully reserved in the valuation allowance. For this reason, the Company recognizes minimal income tax expense or benefit in these jurisdictions, of which the most material jurisdictions are the United States and Australia. Due to these reserves, the geographic mix of the Company’s pre-tax earnings has a direct correlation with how high or low its annual effective tax rate is relative to consolidated earnings. As the Company continues to reorganize and restructure its operations, it is possible that deferred tax assets, for which no income tax benefit has previously been provided, may more likely than not become realized. The Company continues to evaluate future operations and will record an income tax benefit in the period where it believes it is more likely than not that the deferred tax asset will be able to be realized. The most material unrecognized deferred tax asset relates to the U.S. By 2029, future U.S. earnings ranging between $40 million and $120 million , generated by U.S. earnings from continuing operations or qualified tax planning strategies, would be required in order to fully recognize the U.S. deferred tax asset. Historic and future ownership changes could potentially reduce the amount of net operating loss carry-forwards available for use. As of September 30, 2016 , the Company had a gross amount of unrecognized tax benefit of $7.9 million , exclusive of interest and penalties. The unrecognized tax benefit increased by approximately $0.4 million during the nine months ended September 30, 2016 , as a result of new positions related to the current year and foreign currency effects. The Company’s policy is to recognize interest and penalties related to income tax matters as income tax expense, which were $0.1 million and $0.1 million related to the unrecognized tax benefits for the three and nine months ended September 30, 2016 . The tax years 2002 through 2015 remain open to examination in a number of the major tax jurisdictions to which the Company and its subsidiaries are subject. The Company believes that it has made adequate provisions for all income tax uncertainties.

Pensions, Other Post-retirement

Pensions, Other Post-retirement and Post-employment Benefits	9 Months Ended
	Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Pensions, Other Post-retirement and Post-employment Benefits	Pensions, Other Post-retirement and Post-employment Benefits The Company accounts for its pensions, other post-retirement and post-employment benefit plans in accordance with ASC Topic 715, Compensation—Retirement Benefits (“Topic 715”). The Company has defined benefit pension plans covering substantially all of its U.S. and Canadian employees and employees of certain subsidiaries in other countries. Benefits are generally based on the employee’s years of service and compensation. These plans are funded in conformity with the funding requirements of applicable government regulations. The Company does not fund certain plans, as funding is not required. The Company plans to continue to fund its U.S. defined benefit plans to comply with the Pension Protection Act of 2006. In addition, the Company also intends to fund its U.K. and Canadian defined benefit plans in accordance with local regulations. Curtailment accounting was triggered with the June 30, 2016 freeze of a North America rolls plant’s pension plan. As a result, a curtailment gain was recorded in the second quarter of 2016 in the amount of $2.7 million , as a reduction to pension liability, and a decrease to other comprehensive loss. As required by Topic 715, the following tables summarize the components of net periodic benefit cost: Defined Benefit Plans Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Service cost $ 308 $ 765 $ 1,131 $ 2,155 Interest cost 1,133 1,506 4,149 4,273 Expected return on plan assets (1,182 ) (1,638 ) (4,326 ) (4,645 ) Amortization of net loss 428 676 1,561 1,932 Net periodic benefit cost $ 687 $ 1,309 $ 2,515 $ 3,715

Comprehensive (Loss) Income and

Comprehensive (Loss) Income and Accumulated Other Comprehensive Loss	9 Months Ended
	Sep. 30, 2016
Equity [Abstract]
Comprehensive (Loss) Income and Accumulated Other Comprehensive Loss	Comprehensive (Loss) Income and Accumulated Other Comprehensive Loss Comprehensive (loss) income for the three and nine months ended September 30, 2016 (net of tax expense of $803 thousand and $1,541 thousand ) and 2015 (net of a tax benefit of $97 thousand and net of tax expense of $183 thousand) is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Net (loss) income $ (13,339 ) $ 915 $ (12,673 ) $ 1,945 Foreign currency translation adjustments 1,625 (14,333 ) 11,353 (40,701 ) Pension liability changes under Topic 715 726 2,320 4,214 4,797 Change in value of derivative instruments — 86 — 253 Comprehensive (loss) income $ (10,988 ) $ (11,012 ) $ 2,894 $ (33,706 ) The components of accumulated other comprehensive loss for the three months ended September 30, 2016 are as follows (net of tax benefits of $5.5 million ): Foreign Currency Translation Adjustment Pension Liability Changes Under Topic 715 Change in Value of Derivative Instruments Accumulated Other Comprehensive (Loss) Income Balance at June 30, 2016 $ (76,254 ) $ (32,271 ) $ 49 $ (108,476 ) Other comprehensive income before reclassifications 1,625 298 — 1,923 Pension curtailment — — — Amounts reclassified from other comprehensive loss: Amortization of actuarial losses — 428 — 428 Net current period other comprehensive income 1,625 726 — 2,351 Balance at September 30, 2016 $ (74,629 ) $ (31,545 ) $ 49 $ (106,125 ) The components of accumulated other comprehensive loss for the nine months ended September 30, 2016 are as follows (net of tax benefits of $5.5 million ): Foreign Currency Translation Adjustment Pension Liability Changes Under Topic 715 Change in Value of Derivative Instruments Accumulated Other Comprehensive (Loss) Income Balance at December 31, 2015 $ (85,982 ) $ (35,759 ) $ 49 $ (121,692 ) Other comprehensive income before reclassifications 11,353 (48 ) — 11,305 Pension curtailment — 2,701 — 2,701 Amounts reclassified from other comprehensive loss: Amortization of actuarial losses — 1,561 — 1,561 Net current period other comprehensive income 11,353 4,214 — 15,567 Balance at September 30, 2016 $ (74,629 ) $ (31,545 ) $ 49 $ (106,125 ) For the three and nine months ended September 30, 2016 , the amortization of actuarial losses is included in cost of products sold and general and administrative expenses in the Consolidated Statements of Operations.

Restructuring Expense

Restructuring Expense	9 Months Ended
	Sep. 30, 2016
Restructuring and Related Activities [Abstract]
Restructuring Expense	Restructuring Expense For the nine months ended September 30, 2016 , the Company incurred restructuring expenses of $8.1 million . These included $1.4 million of charges related to the closure of the Middletown, Va. facility and $6.7 million of charges relating to headcount reductions and other costs related to previous plant closures. For the nine months ended September 30, 2015 , the Company incurred restructuring expenses of $12.7 million . These included charges of $4.1 million relating to the closure of the Joao Pessoa, Brazil plant $4.5 million charges related to the closure of Warwick, Canada machine clothing facility, and $4.1 million of charges relating to headcount reductions and other costs related to previous plant closures. The following table sets forth the significant components of the restructuring accrual (included in Accrued Expenses on our Consolidated Balance Sheet), including activity under restructuring programs for the nine months ended September 30, 2016 and 2015 : Balance at December 31, 2015 Charges Currency Cash Balance at Severance and other benefits $ 5,308 $ 4,328 $ 73 $ (5,010 ) $ 4,699 Facility costs and other 903 3,775 12 (4,267 ) 423 Total $ 6,211 $ 8,103 $ 85 $ (9,277 ) $ 5,122 Balance at December 31, 2014 Charges (1) Currency Cash Balance at Severance and other benefits $ 4,880 $ 6,007 $ (469 ) $ (4,744 ) $ 5,674 Facility costs and other 818 5,741 (76 ) (5,588 ) 895 Total $ 5,698 $ 11,748 $ (545 ) $ (10,332 ) $ 6,569 (1) Excludes $1.0 million of impairment expense. Restructuring and impairment expense by segment, which is not included in Segment Earnings in Note 9, is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Clothing $ 1,803 $ 4,414 $ 4,930 $ 11,516 Roll Covers 637 540 2,478 827 Corporate 53 47 695 391 Total $ 2,493 $ 5,001 $ 8,103 $ 12,734

Business Segment Information

Business Segment Information	9 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Business Segment Information	Business Segment Information The Company is a global manufacturer and supplier of consumable products used primarily in the production of paper and is organized into two reportable segments: clothing and roll covers. The clothing segment represents the manufacture and sale of synthetic textile belts used to transport paper along the length of papermaking machines. The roll covers segment primarily represents the manufacture and refurbishment of covers used on the steel rolls of papermaking machines and the servicing of those rolls. The Company manages each of these operating segments separately. Management evaluates segment performance based on adjusted earnings before interest, taxes, depreciation and amortization, yet after allocation of corporate charges. Such measure is then adjusted to exclude items that are of an unusual nature and are not used in measuring segment performance or are not segment specific (“Segment Earnings (Loss)”). The accounting policies of these segments are the same as those for the Company as a whole. Inter-segment net sales and inter-segment eliminations are not material for any of the periods presented. Summarized financial information for the Company’s reportable segments is presented in the tables that follow for the three and nine months ended September 30, 2016 and 2015 . Clothing Roll Corporate Total Three months ended September 30, 2016 Net Sales $ 71,033 $ 48,158 $ — $ 119,191 Segment Earnings (Loss) $ 17,287 $ 8,613 $ (3,020 ) $ 22,880 Three months ended September 30, 2015 Net Sales $ 72,536 $ 45,203 $ — $ 117,739 Segment Earnings (Loss) $ 22,230 $ 9,685 $ (3,654 ) $ 28,261 Nine months ended September 30, 2016 Net Sales $ 217,189 $ 140,940 $ — $ 358,129 Segment Earnings (Loss) $ 57,222 $ 28,514 $ (11,286 ) $ 74,451 Nine months ended September 30, 2015 Net Sales $ 228,971 $ 132,925 $ — $ 361,896 Segment Earnings (Loss) $ 66,076 $ 26,864 $ (10,467 ) $ 82,473 Provided below is a reconciliation of Segment Earnings (Loss) to (Loss) Income before provision for income taxes for the three and nine months ended September 30, 2016 and 2015 , respectively. Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Segment Earnings (Loss): Clothing $ 17,287 $ 22,230 $ 57,222 $ 66,076 Roll Covers 8,613 9,685 28,514 26,864 Corporate (3,020 ) (3,654 ) (11,286 ) (10,467 ) Stock-based compensation (697 ) (1,064 ) (2,123 ) (2,690 ) Inventory write-off related to closed facilities — (465 ) — (465 ) Idle equipment asset impairment — (149 ) — (149 ) Interest expense, net (12,216 ) (9,775 ) (33,215 ) (28,144 ) Depreciation and amortization (8,394 ) (7,207 ) (24,779 ) (21,625 ) Loss on extinguishment of debt (11,736 ) — (11,736 ) — Restructuring expense (2,493 ) (5,001 ) (8,103 ) (12,734 ) Other non-recurring expense (85 ) (1,552 ) (752 ) (2,402 ) Plant startup costs (573 ) (1,378 ) (1,858 ) (3,110 ) (Loss) Income before provision for income taxes $ (13,314 ) $ 1,670 $ (8,116 ) $ 11,154

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company is involved in various legal matters which have arisen in the ordinary course of business as a result of various immaterial labor claims, taxing authority reviews and other routine legal matters. As of September 30, 2016 , the Company accrued an immaterial amount in its financial statements for these matters for which the Company believed the possibility of loss was probable and was able to estimate the damages. The Company does not believe that the ultimate resolution of these matters will have a material adverse effect on its financial position, results of operations or cash flow. The Company believes that any additional liability in excess of amounts provided which may result from the resolution of legal matters will not have a material adverse effect on the financial condition, liquidity or cash flow of the Company.

Stock-Based Compensation and St

Stock-Based Compensation and Stockholders' Deficit	9 Months Ended
	Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation and Stockholders' Deficit	Stock-Based Compensation and Stockholders’ Deficit The Company records stock-based compensation expense in accordance with ASC Topic 718, Accounting for Stock Compensation and has used the straight-line attribution method to recognize expense for RSUs, options and DSUs. The Company recorded stock-based compensation expense during the three months ended September 30, 2016 and September 30, 2015 as follows: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 RSU, Options and DSU Awards (1) $ 697 $ 1,064 $ 2,123 $ 2,690 (1) Related to RSUs, Options and DSUs awarded to certain employees and non-employee directors. Long-Term Incentive Program—2016 LTIP On May 4, 2016, the Board of Directors approved the 2016 - 2018 Long-Term Incentive Plan (the “2016 - 2018 LTIP”) under the 2010 Equity Incentive Plan (the “2010 Plan”). Awards under the 2016 - 2018 LTIP are time-based, performance-based and market-based. A specific target share award has been set for each participant in the 2016 - 2018 LTIP. Awards will be paid in the form of shares of common stock of the Company, as described below: • 182,190 Time-based awards, or 35% of the total target award for each participant, have been granted in the form of time-based restricted stock units under the Company’s 2010 Plan. The time-based restricted stock units vest on the third anniversary of the date of grant. • 338,354 Performance-based and Market-based awards, 65% of the total target award for each participant, have been granted in the form of performance-based stock units under the 2010 Plan. Of these units, one third will vest based on the financial performance of the Company as measured by Adjusted EBITDA, one third will vest based on the free cash flow of the Company and the other one third will vest based on the stock price performance of the Company. Half of the performance-based stock units whose vesting is subject to the financial performance of the Company (the “financial stock units”) will vest based on the degree to which the Company achieves a targeted three-year cumulative Adjusted EBITDA metric, adjusted for currency fluctuations, over the performance period of January 1, 2016 through December 31, 2018. Financial stock units that vest will convert into shares of the Company’s common stock and be paid after the close of a three-year performance period. The amount of units that vest will range from 50% to 200% of the employee's total financial stock units. Upon attainment of cumulative Adjusted EBITDA equal to 90% or less of the targeted Adjusted EBITDA, none of the financial stock units will vest. Upon attainment of more than 90% of the targeted Adjusted EBITDA, the financial stock units will begin vesting on a straight-line basis from 50% of the financial stock units at 90% of the targeted Adjusted EBITDA to 100% of the financial stock units at 100% of the targeted Adjusted EBITDA, up to a maximum payout of 200% of the financial stock units at 110% of the targeted Adjusted EBITDA. Half of the performance-based stock units whose vesting is subject to the financial performance of the Company (the “financial stock units”) will vest based on the degree to which the Company achieves a targeted three -year cumulative Free Cash Flow metric, adjusted for currency fluctuations, over the performance period of January 1, 2016 through December 31, 2018. Financial stock units that vest will convert into shares of the Company’s common stock and be paid after the close of a three-year performance period. The amount of units that vest will range from 50% to 200% of the employee's total financial stock units. Upon attainment of cumulative Free Cash Flow equal to 88% or less of the targeted Free Cash Flow, none of the financial stock units will vest. Upon attainment of more than 88% of the targeted Free Cash Flow, the financial stock units will begin vesting on a straight-line basis from 50% of the financial stock units at 88% of the targeted Free Cash Flow to 100% of the financial stock units at 100% of the targeted Free Cash Flow, up to a maximum payout of 200% of the financial stock units at 113% of the targeted Free Cash Flow. The market-based stock units whose vesting is subject to stock price performance of the Company (the “market-based stock units”) will vest based on the Company's total stock price change (plus dividends) over the three -year performance period of May 4, 2016 through May 4, 2019 (“TSR”) relative to the TSR over the same performance period of companies listed on the S&P Global Small Cap Index on the third anniversary of the grant date, or May 4, 2019. Market-based stock units that vest will convert into shares of the Company’s common stock and will be paid after the third anniversary of the grant date, or May 4, 2019. The amount of units that vest will range from 50% to 200% of the employee's total market-based stock units. If the Company’s TSR over the performance period is less than the 35th percentile TSR of companies in the S&P Global Small Cap Index, then no market-based units will vest. If the Company’s TSR over the performance period is equal to the 35th percentile TSR of the companies in the S&P Global Small Cap Index, then 50% of the market-based stock units will vest. Full payout at 100% of the market-based stock units will be made if the Company’s TSR over the performance period is equal to the 55th percentile TSR of companies in the S&P Global Small Cap Index and payout of 200% of the market-based stock units made if the Company's TSR over the performance period is equal to the 75th percentile TSR of companies in the S&P Global Small Cap Index. TSR performance between the 35th and 75th percentile TSR of companies in the S&P Global Small Cap Index will result in an interpolated payout percentage of the market-based stock units between 50% and 200% . Subject to early acceleration and payment under certain circumstances consistent with the terms of the Company’s 2016 - 2018 LTIP and LTIP Share Agreement thereunder, delivery of shares of common stock underlying the time-based and performance-based and market-based awards that become vested are subject to the participant’s continued service to the Company through May 4, 2019. Long-Term Incentive Program—2015 LTIP and 2014 LTIP During the nine months ended September 30, 2016 , based on the current stock price of the Company, management performed a valuation on the market-based stock units, and determined the estimated payout to be at 0% under both the 2015 and 2014 LTIP plans, and reduced stock compensation by $0.2 million in accordance with ASC Topic 718, Compensation—Stock Compensation. Long-Term Incentive Program—2013 LTIP Awards under the 2013 LTIP vested on March 15, 2016, and were converted to 207,385 shares of common stock, net of withholdings. Directors’ Deferred Stock Unit Plan Under the 2011 non-management directors stock plan ("2011 DSU Plan”), as amended in January of 2015, each director receives an annual retainer of $132 thousand , to be paid on a quarterly basis in arrears. Approximately 54% of the annual retainer is payable in DSUs, with the remaining 46% payable in cash or a mix of both cash and DSUs at the election of each director. The non-management directors were awarded an aggregate of 54,294 DSUs under the 2011 DSU Plan for service during the nine months ended September 30, 2016 . In addition, in accordance with the 2011 DSU Plan, as amended in January of 2015, 45,843 DSUs were settled in common stock during the nine months ended September 30, 2016 . In addition, in March of 2016, 22,234 DSU's were settled in common stock in connection with the retirement of a director in September of 2015. Other Stock Compensation Plans On August 15, 2012, the Company granted Harold Bevis, the Company's CEO, an award of 204,208 restricted stock units and options to acquire 781,701 shares of the Company's common stock, par value $0.001 per share. Both the restricted stock units and the options vest over a three year period, with the first, second, and third tranches having vested on August 15, 2014, 2015, and 2016, respectively. The options have a 10 -year term and exercise price of $4.00 per share, the August 15, 2012 closing price of the Company's common stock on the New York Stock Exchange. On August 15, 2016, one third of Mr. Bevis's restricted stock units and options vested. Mr. Bevis received 35,539 shares of common stock, net of withholdings as a result of the restricted stock unit vesting. In addition, Mr. Bevis exercised his vested options, and received 68,106 shares of common stock, in a cashless exercise, net of withholdings.

Supplemental Guarantor Financia

Supplemental Guarantor Financial Information	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Supplemental Guarantor Financial Information	Supplemental Guarantor Financial Information On August 9, 2016, the Company closed on the sale of its Notes. The Notes are secured obligations of the Company and are fully and unconditionally guaranteed on a senior secured basis by all of the domestic wholly owned subsidiaries of the Company (the “Guarantors”). In accordance with Rule 3-10 of Regulation S-X promulgated under the Securities Act of 1933, as amended, the following condensed consolidating financial statements present the financial position, results of operations and cash flows of Xerium Technologies, Inc. (referred to as “Parent” for the purpose of this note only) on a stand-alone parent-only basis, the Guarantors on a Guarantors-only basis, the combined non-Guarantor subsidiaries and elimination entries necessary to arrive at the information for the Parent, the Guarantors and non-Guarantor subsidiaries on a consolidated basis. Xerium Technologies, Inc. Consolidating Balance Sheet—(Unaudited) At September 30, 2016 (Dollars in thousands) Parent Total Total Non Other The ASSETS Current assets: Cash and cash equivalents $ 1,235 $ 35 $ 7,110 $ — $ 8,380 Accounts receivable, net 59 19,459 52,967 — 72,485 Intercompany receivables (400,258 ) 407,759 (7,501 ) — — Inventories, net — 15,241 58,290 (1,065 ) 72,466 Prepaid expenses 586 1,407 5,527 — 7,520 Other current assets — 2,373 16,142 — 18,515 Total current assets (398,378 ) 446,274 132,535 (1,065 ) 179,366 Property and equipment, net 8,648 72,117 220,956 — 301,721 Investments 868,721 243,196 — (1,111,917 ) — Goodwill — 19,237 40,754 — 59,991 Intangible assets — 7,806 88 — 7,894 Non-current deferred tax asset — — 12,224 — 12,224 Other assets — 772 10,594 — 11,366 Total assets $ 478,991 $ 789,402 $ 417,151 $ (1,112,982 ) $ 572,562 LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY Current liabilities: Notes payable $ — $ — $ 7,840 $ — $ 7,840 Accounts payable 2,343 10,098 23,393 — 35,834 Accrued expenses 14,851 7,843 32,947 — 55,641 Current maturities of long-term debt 2,287 2,359 2,125 — 6,771 Total current liabilities 19,481 20,300 66,305 — 106,086 Long-term debt, net of current maturities 471,118 — 8,461 — 479,579 Liabilities under capital leases 6,337 4,929 9,100 — 20,366 Non-current deferred tax liability (1,373 ) 1,243 10,531 — 10,401 Pension, other post-retirement and post-employment obligations 18,438 1,600 39,980 — 60,018 Other long-term liabilities — 1,336 4,620 — 5,956 Intercompany loans 68,167 (106,822 ) 38,655 — — Total stockholders’ (deficit) equity (103,177 ) 866,816 239,499 (1,112,982 ) (109,844 ) Total liabilities and stockholders’ equity $ 478,991 $ 789,402 $ 417,151 $ (1,112,982 ) $ 572,562 Xerium Technologies, Inc. Consolidating Balance Sheet At December 31, 2015 (Dollars in thousands) Parent Total Total Non Other The ASSETS Current assets: Cash and cash equivalents $ 3,105 $ (2 ) $ 6,736 $ — $ 9,839 Accounts receivable, net 20 18,585 49,957 — 68,562 Intercompany receivables (110,541 ) 113,736 (3,195 ) — — Inventories, net — 14,694 57,929 (925 ) 71,698 Prepaid expenses 510 1,330 4,809 — 6,649 Other current assets — 2,849 14,020 — 16,869 Total current assets (106,906 ) 151,192 130,256 (925 ) 173,617 Property and equipment, net 9,518 68,075 219,490 — 297,083 Investments 837,064 207,443 — (1,044,507 ) — Goodwill — 17,737 40,862 — 58,599 Intangible assets — 1,389 158 — 1,547 Non-current deferred tax asset — — 9,325 — 9,325 Other assets — — 10,203 — 10,203 Total assets $ 739,676 $ 445,836 $ 410,294 $ (1,045,432 ) $ 550,374 LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY Current liabilities: Notes payable $ — $ — $ 6,556 $ — $ 6,556 Accounts payable 2,642 11,100 26,954 — 40,696 Accrued expenses 12,661 9,668 33,747 — 56,076 Current maturities of long-term debt 2,663 1,937 810 — 5,410 Total current liabilities 17,966 22,705 68,067 — 108,738 Long-term debt, net of current maturities 451,923 — 10,547 — 462,470 Liabilities under capital leases 3,276 4,425 1,036 — 8,737 Non-current deferred tax liability (1,515 ) 1,243 9,042 — 8,770 Pension, other post-retirement and post-employment obligations 19,950 2,619 41,037 — 63,606 Other long-term liabilities — — 11,123 — 11,123 Intercompany loans 341,412 (403,154 ) 61,742 — — Total stockholders’ (deficit) equity (93,336 ) 817,998 207,700 (1,045,432 ) (113,070 ) Total liabilities and stockholders’ equity $ 739,676 $ 445,836 $ 410,294 $ (1,045,432 ) $ 550,374 Xerium Technologies, Inc. Consolidating Statement of Operations and Comprehensive (Loss) Income (Unaudited) For the three months ended September 30, 2016 (Dollars in thousands) Parent Total Total Non Other The Net sales $ — $ 43,711 $ 82,151 $ (6,671 ) $ 119,191 Costs and expenses: Cost of products sold — 29,367 52,520 (6,502 ) 75,385 Selling 175 4,925 10,716 — 15,816 General and administrative 2,009 2,167 8,468 — 12,644 Research and development 273 1,043 470 — 1,786 Restructuring 53 430 2,010 — 2,493 2,510 37,932 74,184 (6,502 ) 108,124 (Loss) income from operations (2,510 ) 5,779 7,967 (169 ) 11,067 Interest (expense) income, net (11,439 ) (47 ) (730 ) — (12,216 ) Foreign exchange gain (loss) 63 (110 ) (382 ) — (429 ) Equity in subsidiaries income 8,634 8,415 — (17,049 ) — Loss on Extinguishment of Debt (11,736 ) — — — (11,736 ) Dividend income 3,700 — — (3,700 ) — (Loss) income before provision for income taxes (13,288 ) 14,037 6,855 (20,918 ) (13,314 ) Provision for income taxes (51 ) (288 ) 314 — (25 ) Net (loss) income $ (13,339 ) $ 13,749 $ 7,169 $ (20,918 ) $ (13,339 ) Comprehensive (loss) income $ (12,773 ) $ 13,736 $ 8,967 $ (20,918 ) $ (10,988 ) Xerium Technologies, Inc. Consolidating Statement of Operations and Comprehensive Income (Loss)-(Unaudited) For the three months ended September 30, 2015 (Dollars in thousands) Parent Total Total Non Other The Net sales $ — $ 41,978 $ 80,090 $ (4,329 ) $ 117,739 Costs and expenses: Cost of products sold 38 28,157 47,439 (4,382 ) 71,252 Selling 248 4,940 10,701 — 15,889 General and administrative 4,403 1,658 8,309 — 14,370 Research and development 259 1,118 464 — 1,841 Restructuring 47 307 4,647 — 5,001 4,995 36,180 71,560 (4,382 ) 108,353 (Loss) income from operations (4,995 ) 5,798 8,530 53 9,386 Interest (expense) income, net (9,613 ) 877 (1,039 ) — (9,775 ) Foreign exchange gain (loss) 404 (26 ) 1,681 — 2,059 Equity in subsidiaries income 10,415 9,460 — (19,875 ) — Dividend income 4,769 — — (4,769 ) — Income (loss) before provision for income taxes 980 16,109 9,172 (24,591 ) 1,670 Provision for income taxes (65 ) (19 ) (671 ) — (755 ) Net income (loss) $ 915 $ 16,090 $ 8,501 $ (24,591 ) $ 915 Comprehensive income (loss) $ 1,084 $ 16,391 $ (3,896 ) $ (24,591 ) $ (11,012 ) Xerium Technologies, Inc. Consolidating Statement of Operations and Comprehensive (Loss) Income (Unaudited) For the nine months ended September 30, 2016 (Dollars in thousands) Parent Total Total Non Other The Net sales $ — $ 130,379 $ 249,137 $ (21,387 ) $ 358,129 Costs and expenses: Cost of products sold — 88,401 155,441 (21,247 ) 222,595 Selling 677 15,067 31,528 — 47,272 General and administrative 8,178 4,137 25,262 — 37,577 Research and development 835 3,062 1,374 — 5,271 Restructuring 695 2,098 5,310 — 8,103 10,385 112,765 218,915 (21,247 ) 320,818 (Loss) income from operations (10,385 ) 17,614 30,222 (140 ) 37,311 Interest (expense) income, net (31,164 ) 790 (2,841 ) — (33,215 ) Foreign exchange (loss) gain (53 ) (145 ) (278 ) — (476 ) Equity in subsidiaries income 31,657 24,973 — (56,630 ) — Loss on Extinguishment of Debt (11,736 ) — — — (11,736 ) Dividend income 9,245 — — (9,245 ) — (Loss) income before provision for income taxes (12,436 ) 43,232 27,103 (66,015 ) (8,116 ) Provision for income taxes (237 ) (550 ) (3,770 ) — (4,557 ) Net (loss) income $ (12,673 ) $ 42,682 $ 23,333 $ (66,015 ) $ (12,673 ) Comprehensive (loss) income $ (10,174 ) $ 45,230 $ 33,853 $ (66,015 ) $ 2,894 Xerium Technologies, Inc. Consolidating Statement of Operations and Comprehensive Income (Loss)-(Unaudited) For the nine months ended September 30, 2015 (Dollars in thousands) Parent Total Total Non Other The Net sales $ — $ 126,416 $ 251,958 $ (16,478 ) $ 361,896 Costs and expenses: Cost of products sold (291 ) 85,079 148,954 (16,329 ) 217,413 Selling 787 14,790 33,068 — 48,645 General and administrative 9,285 4,539 26,437 — 40,261 Research and development 732 3,508 1,455 — 5,695 Restructuring 8,313 622 3,799 — 12,734 18,826 108,538 213,713 (16,329 ) 324,748 (Loss) income from operations (18,826 ) 17,878 38,245 (149 ) 37,148 Interest (expense) income, net (28,303 ) 3,009 (2,850 ) — (28,144 ) Foreign exchange gain (loss) 246 (261 ) 2,165 — 2,150 Equity in subsidiaries income 38,843 21,009 — (59,852 ) — Dividend income 10,856 — — (10,856 ) — Income (loss) before provision for income taxes 2,816 41,635 37,560 (70,857 ) 11,154 Provision for income taxes (871 ) (89 ) (8,249 ) — (9,209 ) Net income (loss) $ 1,945 $ 41,546 $ 29,311 $ (70,857 ) $ 1,945 Comprehensive income (loss) $ 3,439 $ 42,462 $ (8,750 ) $ (70,857 ) $ (33,706 ) Xerium Technologies, Inc. Consolidating Statement of Cash Flows-(Unaudited) For the nine months ended September 30, 2016 (Dollars in thousands) Parent Total Total Non Other The Operating activities Net (loss) income $ (12,673 ) $ 42,682 $ 23,333 $ (66,015 ) $ (12,673 ) Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Stock-based compensation 2,123 — — — 2,123 Depreciation 1,683 6,189 16,334 — 24,206 Amortization of intangible assets — 501 72 — 573 Deferred financing cost amortization 2,162 — 72 — 2,234 Foreign exchange gain on revaluation of debt 43 — — — 43 Deferred taxes 142 — (3,208 ) — (3,066 ) Loss on disposition of property and equipment — 30 20 — 50 Loss on extinquishment of debt 11,736 — — — 11,736 Provision for doubtful accounts — (70 ) (4 ) — (74 ) Undistributed equity in earnings of subsidiaries (31,657 ) (24,973 ) — 56,630 — Change in assets and liabilities which provided (used) cash: Accounts receivable (39 ) 1,856 (514 ) — 1,303 Inventories — 2,372 2,888 140 5,400 Prepaid expenses (76 ) (77 ) (460 ) — (613 ) Other current assets — 475 (2,048 ) — (1,573 ) Accounts payable and accrued expenses 1,933 (4,537 ) (6,593 ) — (9,197 ) Deferred and other long-term liabilities (34 ) 908 621 — 1,495 Intercompany loans 289,717 (294,054 ) 4,337 — — Net cash provided by (used in) operating activities 265,060 (268,698 ) 34,850 (9,245 ) 21,967 Investing activities Capital expenditures (664 ) (2,332 ) (6,618 ) — (9,614 ) Intercompany property and equipment transfers, net (2 ) 40 (38 ) — — Proceeds from disposals of property and equipment — 5 89 — 94 Acquisition costs (16,225 ) — (16,225 ) Net cash used in investing activities (666 ) (18,512 ) (6,567 ) — (25,745 ) Financing activities Net increase in notes payable — — 1,121 — 1,121 Proceeds from borrowings 535,407 — 6,093 — 541,500 Principal payments on debt (503,806 ) — (7,030 ) — (510,836 ) Dividends paid — (9,245 ) — 9,245 — Payment of obligations under capital leases (946 ) (1,743 ) (305 ) — (2,994 ) Payment of financing fees (22,861 ) — 54 — (22,807 ) Intercompany loans (272,267 ) 298,235 (25,968 ) — — Employee taxes paid on equity awards (1,791 ) — — — (1,791 ) Net cash (used in) provided by financing activities (266,264 ) 287,247 (26,035 ) 9,245 4,193 Effect of exchange rate changes on cash flows — — (1,874 ) — (1,874 ) Net (decrease) increase in cash (1,870 ) 37 374 — (1,459 ) Cash and cash equivalents at beginning of period $ 3,105 $ (2 ) $ 6,736 $ — $ 9,839 Cash and cash equivalents at end of period $ 1,235 $ 35 $ 7,110 $ — $ 8,380 Xerium Technologies, Inc. Consolidating Statement of Cash Flows (Unaudited) For the nine months ended September 30, 2015 (Dollars in Thousands) Parent Total Total Non Other The Operating activities Net income (loss) $ 1,945 $ 41,546 $ 29,311 $ (70,857 ) $ 1,945 Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities: Stock-based compensation 2,506 — 184 — 2,690 Depreciation 1,110 5,292 14,995 — 21,397 Amortization of intangible assets — 206 22 — 228 Deferred financing cost amortization 2,570 — 71 — 2,641 Foreign exchange gain on revaluation of debt (2,115 ) — — — (2,115 ) Deferred taxes 661 — (2,232 ) — (1,571 ) Asset impairment — 149 1,029 — 1,178 Loss on disposition of property and equipment 4 27 (116 ) — (85 ) Provision for doubtful accounts — 276 581 — 857 Undistributed equity in earnings of subsidiaries (38,843 ) (21,009 ) — 59,852 — Change in assets and liabilities which provided (used) cash: Accounts receivable (70 ) (409 ) (2,310 ) — (2,789 ) Inventories — 1,074 2,417 149 3,640 Prepaid expenses (700 ) (94 ) 77 — (717 ) Other current assets — (252 ) (1,773 ) — (2,025 ) Accounts payable and accrued expenses 4,422 1,774 1,061 — 7,257 Deferred and other long-term liabilities (238 ) 1,023 (6,336 ) — (5,551 ) Intercompany loans (12,996 ) (7,108 ) 20,104 — — Net cash (used in) provided by operating activities (41,744 ) 22,495 57,085 (10,856 ) 26,980 Investing activities Capital expenditures (6,276 ) (7,862 ) (26,238 ) — (40,376 ) Intercompany property and equipment transfers, net 8,612 (220 ) (8,392 ) — — Proceeds from disposals of property and equipment 3 26 75 — 104 Net cash provided by (used in) investing activities 2,339 (8,056 ) (34,555 ) — (40,272 ) Financing activities Net increase in notes payable — — 6,759 — 6,759 Proceeds from borrowings 37,408 — 20,020 — 57,428 Principal payments on debt (34,371 ) — (11,202 ) — (45,573 ) Dividends paid — (9,950 ) (906 ) 10,856 — Payments of obligations under capitalized leases (486 ) (401 ) — — (887 ) Payment of deferred financing fees (63 ) — 45 — (18 ) Intercompany loans 36,646 (4,078 ) (32,568 ) — — Other financing activities 5,500 — (5,500 ) — Employee taxes paid on equity awards (2,124 ) — — — (2,124 ) Net cash provided by (used in) financing activities 42,510 (14,429 ) (23,352 ) 10,856 15,585 Effect of exchange rate changes on cash flows — — (1,106 ) — (1,106 ) Net increase (decrease) in cash 3,105 10 (1,928 ) — 1,187 Cash and cash equivalents at beginning of period 605 (14 ) 8,926 — 9,517 Cash and cash equivalents at end of period $ 3,710 $ (4 ) $ 6,998 $ — $ 10,704

Description of Business and S18

Description of Business and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated interim financial statements at September 30, 2016 and for the three and nine months ended September 30, 2016 and 2015 include the accounts of the Company and its wholly-owned subsidiaries and have been prepared in conformity with U.S. Generally Accepted Accounting Principles (“GAAP”) for interim financial reporting and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). Accordingly, such financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. GAAP requires the Company’s management to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results could differ from those estimates. The interim results presented herein are not necessarily indicative of the results to be expected for the entire year. In management’s opinion, these unaudited condensed consolidated interim financial statements contain all adjustments of a normal recurring nature necessary for a fair presentation of the financial statements for the interim periods presented. These unaudited condensed consolidated interim financial statements should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2015 as reported on the Company's Annual Report on Form 10-K filed on March 14, 2016.
Inventories, net	Inventories, net Inventories are generally valued at the lower of cost or market using the first-in, first-out (FIFO) method. Raw materials are valued principally on a weighted average cost basis. The Company’s work in process and finished goods are specifically identified and valued based on actual inputs to production. Provisions are recorded as appropriate to write-down obsolete and excess inventory to estimated net realizable value. The process for evaluating obsolete and excess inventory often requires management to make subjective judgments and estimates concerning future sales levels, quantities and prices at which such inventory will be able to be sold in the normal course of business, while considering the general aging of inventory and factoring in any new business conditions.
Goodwill	Goodwill The Company accounts for goodwill and other intangible assets in accordance with ASC Topic 350, Intangibles—Goodwill and Other Intangible Assets (“Topic 350”). Topic 350 requires that goodwill and intangible assets that have indefinite lives not be amortized, but instead, must be tested for impairment at least annually or whenever events or business conditions warrant. During the three and nine months ended September 30, 2016 , the Company evaluated events and business conditions to determine if a test for an impairment of goodwill was warranted. No such events or business conditions took place during this period, therefore no test was determined to be warranted at September 30, 2016 .
Warranties	Warranties The Company offers warranties on certain roll products that it sells. The specific terms and conditions of these warranties vary depending on the product sold, the country in which the product is sold and arrangements with the customer. The Company estimates the costs that may be incurred under its warranties and records a liability in Accrued Expenses on its Consolidated Balance Sheet for such costs. Factors that affect the Company’s warranty liability include the number of units sold, historical and anticipated rates of warranty claims, cost per claim and new product introduction. The Company periodically assesses the adequacy of its recorded warranty claims and adjusts the amounts as necessary.
Net (Loss) Income Per Common Share	Net (Loss) Income Per Common Share Net (loss) income per common share has been computed and presented pursuant to the provisions of ASC Topic 260, Earnings per Share (“Topic 260”). Net (loss) income per share is based on the weighted-average number of shares outstanding during the period.
Impairment	Impairment The Company reviews its long-lived assets that have finite lives for impairment in accordance with ASC Topic 360, Property, Plant, and Equipment (“Topic 360”). This topic requires that companies evaluate the fair value of long-lived assets based on the anticipated undiscounted future cash flows to be generated by the assets when indicators of impairment exist to determine if there is impairment to the carrying value. Any change in the carrying amount of an asset as a result of the Company's evaluation has been recorded in either restructuring expense, if it was a result of the Company's restructuring activities, or general and administrative expense for all other impairments in the consolidated statements of operations.
New Accounting Pronouncements	New Accounting Pronouncements In March of 2016, t he FASB issued Accounting Standards Update No 2016-09 Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09"). ASU 2016-09 will change certain aspects of accounting for share-based payments to employees. The new guidance will require all income tax effects of awards to be recognized in the income statement when the awards vest or are settled. It also will allow an employer to repurchase more of an employee’s shares than it can today for tax withholding purposes without triggering liability accounting and to make a policy election to account for forfeitures as they occur. ASU 2016-09 is required to be adopted in January of 2017. The Company early adopted this standard at June 30, 2016. As of September 30, 2016 , the adoption of the standard has resulting in the classification of $1.8 million and $2.2 million of employee taxes paid on equity awards as a financing activity in the statement of cash flows, for the nine months ended September 30, 2016 and September 30, 2015 respectively. The remaining provisions of ASU 2016-09 did not have a material impact on the accompanying condensed consolidated financial statements. In February of 2016, the FASB issued Accounting Standards Update No 2016-02 Leases ("ASU 2016-02"). ASU 2016-02 includes final guidance that requires lessees to put most leases on their balance sheets but recognize expenses in the income statement in a manner similar to today’s accounting. The guidance also eliminates today’s real estate-specific provisions and changes the guidance on sale-leaseback transactions, initial direct costs and lease executory costs for all entities. For lessors, the standard modifies the classification criteria and the accounting for sales-type and direct financing leases. All entities will classify leases to determine how to recognize lease-related revenue and expense. Classification will continue to affect amounts that lessors record on the balance sheet. Entities are required to use a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. They have the option to use certain relief. Full retrospective application is prohibited. ASU 2016-02 is effective for public companies with annual periods beginning after 15 December 2018, and interim periods within those years. For all other entities, it is effective for annual periods beginning after 15 December 2019, and interim periods the following year. Early adoption is permitted for all entities. The Company is in the process of evaluating this accounting standard update. In November of 2015, the FASB issued ASU 2015-17 Income Taxes (Topic 740), Balance Sheet Classification of Deferred Taxes ("ASU 2015-17"). This guidance requires companies to classify all deferred tax assets and liabilities as non-current on the balance sheet instead of separating deferred taxes into current and non-current amounts. For public companies, the guidance is effective for financial statements issued for annual periods beginning after 15 December 2016 (i.e., 2017 for a calendar-year company) and interim periods within those annual periods. For all other entities, the guidance is effective for financial statements issued for annual periods beginning after 15 December 2017 (i.e., 2018 for a calendar-year company), and interim periods within annual periods beginning a year later. Early adoption of the guidance is permitted. Companies can adopt the guidance either prospectively or retrospectively. The Company is in the process of evaluating this accounting standard update and does not expect that adopting ASU 2015-17 will have a material impact on its consolidated financial statements. In July of 2015, the FASB issued Accounting Standards Update Inventory ("ASU 2015-11"). ASU 2015-11 applies only to first-in, first-out (FIFO) and average cost inventory costing methods and will reduce costs and increase comparability for these methods. There will be no change for last-in, first-out, (LIFO) or retail inventory methods as the costs of transitioning to a new method would outweigh the benefits due to the complexity of these methods. Under this ASU, inventory should be measured at the lower of cost and net realizable value (selling prices in the ordinary course of business less reasonably predictable costs of completion, disposal, and transportation). When the net realizable value of inventory is less than its cost, the difference will be recognized as a loss in earnings in the period in which it occurs. This ASU more closely aligns the measurement of inventory under GAAP with International Financial Reporting Standards guidance. The amendments are effective for public companies for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years, and for other entities, the amendments are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The amendments should be applied prospectively, and early application is permitted as of the beginning of an interim or annual reporting period. The Company is in the process of evaluating this accounting standard update. In May of 2014, the FASB issued Accounting Standard Update No. 2014-09 Revenue from Contracts with Customers ("ASU 2014-09"). ASU 2014-09 requires the use of a new five-step model to recognize revenue from customer contracts. The five-step model requires that the Company identify the contract with the customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when it satisfies the performance obligations. The Company will also be required to disclose information regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. ASU 2014-09 is required to be adopted in January of 2018. Retrospective application is required either to all periods presented or with the cumulative effect of initial adoption recognized in the period of adoption. In addition, in March of 2016, the FASB issued Accounting Standard Update No. 2016-08 P rincipal versus Agent Considerations (Reporting Revenue Gross vs. Net) ("ASU 2016-08"). ASU 2016-08 amends the principal versus agent guidance in ASU 2014-09, and clarifies that the analysis must focus on whether the entity has control of the goods or services before they are transfered to the customer. ASU 2014-09 is required to be adopted in January of 2018. The Company is in the process of evaluating this accounting standard update.

Description of Business and S19

Description of Business and Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Components of Inventories	The components of inventories are as follows at: September 30, 2016 December 31, 2015 Raw materials $ 15,065 $ 12,389 Work in process 26,465 25,203 Finished goods (includes consigned inventory of $6,565 at September 30, 2016 and $6,513 at December 31, 2015) 37,828 40,058 Inventory allowances (6,892 ) (5,952 ) $ 72,466 $ 71,698
Changes in Warranty Liability	The table below represents the changes in the Company’s warranty liability for the nine months ended September 30, 2016 and 2015 : Beginning Balance Charged to Cost of Sales Effect of Foreign Currency Translation Deduction from Reserves Ending Balance Nine Months Ended September 30, 2016: $ 2,175 $ 1,207 $ 70 $ (1,228 ) $ 2,224 Nine Months Ended September 30, 2015: $ 2,685 $ 1,184 $ (144 ) $ (1,580 ) $ 2,145
Computation of Basic and Diluted Weighted-Average Shares	The following table sets forth the computation of basic and diluted weighted-average shares: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Weighted-average common shares outstanding–basic 16,063,140 15,667,103 15,949,816 15,595,793 Dilutive effect of stock-based compensation awards outstanding — 899,967 — 844,732 Weighted-average common shares outstanding–diluted 16,063,140 16,567,070 15,949,816 16,440,525
Schedule of Antidilutive Securities Excluded from Computation of Diluted Earnings Per Share	The following table sets forth the aggregate of the potentially dilutive securities that were outstanding in the three and nine months ended September 30, 2016 and 2015 , but were not included in the computation of diluted earnings per share because the impact would have been anti-dilutive: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Anti-dilutive securities 919,231 24,002 919,231 20,237

Derivatives and Hedging (Tables

Derivatives and Hedging (Tables)	9 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following represents the fair value of these derivatives at September 30, 2016 and December 31, 2015 and the change in fair value included in foreign exchange gain (loss) in the three and nine months ended September 30, 2016 and 2015 : September 30, 2016 December 31, 2015 Fair value of derivative (liability) $ (739 ) $ (1,188 ) Three Months Ended September 30, 2016 Three Months Ended September 30, 2015 Change in fair value of derivative included in foreign exchange (loss) gain $ 24 $ (743 ) Nine Months Ended September 30, 2016 Nine Months Ended September 30, 2015 Change in fair value of derivative included in foreign exchange (loss) gain $ 93 $ (2,197 )
Notional Amounts of Foreign Exchange Forward Contracts	The following represents the notional amounts of foreign exchange forward contracts at September 30, 2016 : Notional Sold Notional Purchased Non-designated hedges of foreign exchange risk $ 4,116 $ (60,334 )

Long-term Debt (Tables)

Long-term Debt (Tables)	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Schedule of Long Term Debt	At September 30, 2016 and December 31, 2015 , long term debt consisted of the following: September 30, 2016 December 31, 2015 Notes (Secured), payable semi-annually–U.S. Dollar denominated interest rate fixed at 9.50%. Sold at a price equal to 98.54% of their face value. Matures August of 2021. $ 480,000 $ — Senior secured term loan facility, payable quarterly, U.S. Dollar denominated–LIBOR $ — $ 223,937 Senior Notes (Unsecured), payable semi-annually–U.S. Dollar denominated interest rate fixed at 8.875%. Matures June of 2018. — 236,410 Notes payable, working capital loan, variable interest rate at 2.05%. Matures June 30, 2017, with one-year rollover option. 7,840 6,556 Fixed asset loan contract, variable interest rate of 5.78%. Matures June of 2020. 8,044 8,548 Other debt 15,077 6,278 Total debt 510,961 481,729 Less deferred financing costs and debt discount (16,771 ) (7,293 ) Less current maturities of long term debt and notes payable (14,611 ) (11,966 ) Total long term debt $ 479,579 $ 462,470

Pensions, Other Post-retireme22

Pensions, Other Post-retirement and Post-employment Benefits (Tables)	9 Months Ended
	Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Components of Net Periodic Benefit Cost	As required by Topic 715, the following tables summarize the components of net periodic benefit cost: Defined Benefit Plans Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Service cost $ 308 $ 765 $ 1,131 $ 2,155 Interest cost 1,133 1,506 4,149 4,273 Expected return on plan assets (1,182 ) (1,638 ) (4,326 ) (4,645 ) Amortization of net loss 428 676 1,561 1,932 Net periodic benefit cost $ 687 $ 1,309 $ 2,515 $ 3,715

Comprehensive (Loss) Income a23

Comprehensive (Loss) Income and Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Sep. 30, 2016
Equity [Abstract]
Components of Comprehensive Loss, Net of Tax	Comprehensive (loss) income for the three and nine months ended September 30, 2016 (net of tax expense of $803 thousand and $1,541 thousand ) and 2015 (net of a tax benefit of $97 thousand and net of tax expense of $183 thousand) is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Net (loss) income $ (13,339 ) $ 915 $ (12,673 ) $ 1,945 Foreign currency translation adjustments 1,625 (14,333 ) 11,353 (40,701 ) Pension liability changes under Topic 715 726 2,320 4,214 4,797 Change in value of derivative instruments — 86 — 253 Comprehensive (loss) income $ (10,988 ) $ (11,012 ) $ 2,894 $ (33,706 )
Components of Accumulated Other Comprehensive Loss	The components of accumulated other comprehensive loss for the three months ended September 30, 2016 are as follows (net of tax benefits of $5.5 million ): Foreign Currency Translation Adjustment Pension Liability Changes Under Topic 715 Change in Value of Derivative Instruments Accumulated Other Comprehensive (Loss) Income Balance at June 30, 2016 $ (76,254 ) $ (32,271 ) $ 49 $ (108,476 ) Other comprehensive income before reclassifications 1,625 298 — 1,923 Pension curtailment — — — Amounts reclassified from other comprehensive loss: Amortization of actuarial losses — 428 — 428 Net current period other comprehensive income 1,625 726 — 2,351 Balance at September 30, 2016 $ (74,629 ) $ (31,545 ) $ 49 $ (106,125 ) The components of accumulated other comprehensive loss for the nine months ended September 30, 2016 are as follows (net of tax benefits of $5.5 million ): Foreign Currency Translation Adjustment Pension Liability Changes Under Topic 715 Change in Value of Derivative Instruments Accumulated Other Comprehensive (Loss) Income Balance at December 31, 2015 $ (85,982 ) $ (35,759 ) $ 49 $ (121,692 ) Other comprehensive income before reclassifications 11,353 (48 ) — 11,305 Pension curtailment — 2,701 — 2,701 Amounts reclassified from other comprehensive loss: Amortization of actuarial losses — 1,561 — 1,561 Net current period other comprehensive income 11,353 4,214 — 15,567 Balance at September 30, 2016 $ (74,629 ) $ (31,545 ) $ 49 $ (106,125 )

Restructuring Expense (Tables)

Restructuring Expense (Tables)	9 Months Ended
	Sep. 30, 2016
Restructuring and Related Activities [Abstract]
Restructuring Programs	The following table sets forth the significant components of the restructuring accrual (included in Accrued Expenses on our Consolidated Balance Sheet), including activity under restructuring programs for the nine months ended September 30, 2016 and 2015 : Balance at December 31, 2015 Charges Currency Cash Balance at Severance and other benefits $ 5,308 $ 4,328 $ 73 $ (5,010 ) $ 4,699 Facility costs and other 903 3,775 12 (4,267 ) 423 Total $ 6,211 $ 8,103 $ 85 $ (9,277 ) $ 5,122 Balance at December 31, 2014 Charges (1) Currency Cash Balance at Severance and other benefits $ 4,880 $ 6,007 $ (469 ) $ (4,744 ) $ 5,674 Facility costs and other 818 5,741 (76 ) (5,588 ) 895 Total $ 5,698 $ 11,748 $ (545 ) $ (10,332 ) $ 6,569 (1) Excludes $1.0 million of impairment expense.
Restructuring and Impairment Expense by Segment	Restructuring and impairment expense by segment, which is not included in Segment Earnings in Note 9, is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Clothing $ 1,803 $ 4,414 $ 4,930 $ 11,516 Roll Covers 637 540 2,478 827 Corporate 53 47 695 391 Total $ 2,493 $ 5,001 $ 8,103 $ 12,734

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Summarized Financial Information and Segment Earnings (Loss)	Summarized financial information for the Company’s reportable segments is presented in the tables that follow for the three and nine months ended September 30, 2016 and 2015 . Clothing Roll Corporate Total Three months ended September 30, 2016 Net Sales $ 71,033 $ 48,158 $ — $ 119,191 Segment Earnings (Loss) $ 17,287 $ 8,613 $ (3,020 ) $ 22,880 Three months ended September 30, 2015 Net Sales $ 72,536 $ 45,203 $ — $ 117,739 Segment Earnings (Loss) $ 22,230 $ 9,685 $ (3,654 ) $ 28,261 Nine months ended September 30, 2016 Net Sales $ 217,189 $ 140,940 $ — $ 358,129 Segment Earnings (Loss) $ 57,222 $ 28,514 $ (11,286 ) $ 74,451 Nine months ended September 30, 2015 Net Sales $ 228,971 $ 132,925 $ — $ 361,896 Segment Earnings (Loss) $ 66,076 $ 26,864 $ (10,467 ) $ 82,473 Provided below is a reconciliation of Segment Earnings (Loss) to (Loss) Income before provision for income taxes for the three and nine months ended September 30, 2016 and 2015 , respectively. Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Segment Earnings (Loss): Clothing $ 17,287 $ 22,230 $ 57,222 $ 66,076 Roll Covers 8,613 9,685 28,514 26,864 Corporate (3,020 ) (3,654 ) (11,286 ) (10,467 ) Stock-based compensation (697 ) (1,064 ) (2,123 ) (2,690 ) Inventory write-off related to closed facilities — (465 ) — (465 ) Idle equipment asset impairment — (149 ) — (149 ) Interest expense, net (12,216 ) (9,775 ) (33,215 ) (28,144 ) Depreciation and amortization (8,394 ) (7,207 ) (24,779 ) (21,625 ) Loss on extinguishment of debt (11,736 ) — (11,736 ) — Restructuring expense (2,493 ) (5,001 ) (8,103 ) (12,734 ) Other non-recurring expense (85 ) (1,552 ) (752 ) (2,402 ) Plant startup costs (573 ) (1,378 ) (1,858 ) (3,110 ) (Loss) Income before provision for income taxes $ (13,314 ) $ 1,670 $ (8,116 ) $ 11,154

Stock-Based Compensation and 26

Stock-Based Compensation and Stockholders' Deficit (Tables)	9 Months Ended
	Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation Expense	The Company recorded stock-based compensation expense during the three months ended September 30, 2016 and September 30, 2015 as follows: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 RSU, Options and DSU Awards (1) $ 697 $ 1,064 $ 2,123 $ 2,690 (1) Related to RSUs, Options and DSUs awarded to certain employees and non-employee directors.

Supplemental Guarantor Financ27

Supplemental Guarantor Financial Information (Tables)	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidating Balance Sheet-(Unaudited)	Xerium Technologies, Inc. Consolidating Balance Sheet—(Unaudited) At September 30, 2016 (Dollars in thousands) Parent Total Total Non Other The ASSETS Current assets: Cash and cash equivalents $ 1,235 $ 35 $ 7,110 $ — $ 8,380 Accounts receivable, net 59 19,459 52,967 — 72,485 Intercompany receivables (400,258 ) 407,759 (7,501 ) — — Inventories, net — 15,241 58,290 (1,065 ) 72,466 Prepaid expenses 586 1,407 5,527 — 7,520 Other current assets — 2,373 16,142 — 18,515 Total current assets (398,378 ) 446,274 132,535 (1,065 ) 179,366 Property and equipment, net 8,648 72,117 220,956 — 301,721 Investments 868,721 243,196 — (1,111,917 ) — Goodwill — 19,237 40,754 — 59,991 Intangible assets — 7,806 88 — 7,894 Non-current deferred tax asset — — 12,224 — 12,224 Other assets — 772 10,594 — 11,366 Total assets $ 478,991 $ 789,402 $ 417,151 $ (1,112,982 ) $ 572,562 LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY Current liabilities: Notes payable $ — $ — $ 7,840 $ — $ 7,840 Accounts payable 2,343 10,098 23,393 — 35,834 Accrued expenses 14,851 7,843 32,947 — 55,641 Current maturities of long-term debt 2,287 2,359 2,125 — 6,771 Total current liabilities 19,481 20,300 66,305 — 106,086 Long-term debt, net of current maturities 471,118 — 8,461 — 479,579 Liabilities under capital leases 6,337 4,929 9,100 — 20,366 Non-current deferred tax liability (1,373 ) 1,243 10,531 — 10,401 Pension, other post-retirement and post-employment obligations 18,438 1,600 39,980 — 60,018 Other long-term liabilities — 1,336 4,620 — 5,956 Intercompany loans 68,167 (106,822 ) 38,655 — — Total stockholders’ (deficit) equity (103,177 ) 866,816 239,499 (1,112,982 ) (109,844 ) Total liabilities and stockholders’ equity $ 478,991 $ 789,402 $ 417,151 $ (1,112,982 ) $ 572,562 Xerium Technologies, Inc. Consolidating Balance Sheet At December 31, 2015 (Dollars in thousands) Parent Total Total Non Other The ASSETS Current assets: Cash and cash equivalents $ 3,105 $ (2 ) $ 6,736 $ — $ 9,839 Accounts receivable, net 20 18,585 49,957 — 68,562 Intercompany receivables (110,541 ) 113,736 (3,195 ) — — Inventories, net — 14,694 57,929 (925 ) 71,698 Prepaid expenses 510 1,330 4,809 — 6,649 Other current assets — 2,849 14,020 — 16,869 Total current assets (106,906 ) 151,192 130,256 (925 ) 173,617 Property and equipment, net 9,518 68,075 219,490 — 297,083 Investments 837,064 207,443 — (1,044,507 ) — Goodwill — 17,737 40,862 — 58,599 Intangible assets — 1,389 158 — 1,547 Non-current deferred tax asset — — 9,325 — 9,325 Other assets — — 10,203 — 10,203 Total assets $ 739,676 $ 445,836 $ 410,294 $ (1,045,432 ) $ 550,374 LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY Current liabilities: Notes payable $ — $ — $ 6,556 $ — $ 6,556 Accounts payable 2,642 11,100 26,954 — 40,696 Accrued expenses 12,661 9,668 33,747 — 56,076 Current maturities of long-term debt 2,663 1,937 810 — 5,410 Total current liabilities 17,966 22,705 68,067 — 108,738 Long-term debt, net of current maturities 451,923 — 10,547 — 462,470 Liabilities under capital leases 3,276 4,425 1,036 — 8,737 Non-current deferred tax liability (1,515 ) 1,243 9,042 — 8,770 Pension, other post-retirement and post-employment obligations 19,950 2,619 41,037 — 63,606 Other long-term liabilities — — 11,123 — 11,123 Intercompany loans 341,412 (403,154 ) 61,742 — — Total stockholders’ (deficit) equity (93,336 ) 817,998 207,700 (1,045,432 ) (113,070 ) Total liabilities and stockholders’ equity $ 739,676 $ 445,836 $ 410,294 $ (1,045,432 ) $ 550,374
Consolidating Statement of Operations and Comprehensive Income (Loss)-(Unaudited)	Xerium Technologies, Inc. Consolidating Statement of Operations and Comprehensive (Loss) Income (Unaudited) For the three months ended September 30, 2016 (Dollars in thousands) Parent Total Total Non Other The Net sales $ — $ 43,711 $ 82,151 $ (6,671 ) $ 119,191 Costs and expenses: Cost of products sold — 29,367 52,520 (6,502 ) 75,385 Selling 175 4,925 10,716 — 15,816 General and administrative 2,009 2,167 8,468 — 12,644 Research and development 273 1,043 470 — 1,786 Restructuring 53 430 2,010 — 2,493 2,510 37,932 74,184 (6,502 ) 108,124 (Loss) income from operations (2,510 ) 5,779 7,967 (169 ) 11,067 Interest (expense) income, net (11,439 ) (47 ) (730 ) — (12,216 ) Foreign exchange gain (loss) 63 (110 ) (382 ) — (429 ) Equity in subsidiaries income 8,634 8,415 — (17,049 ) — Loss on Extinguishment of Debt (11,736 ) — — — (11,736 ) Dividend income 3,700 — — (3,700 ) — (Loss) income before provision for income taxes (13,288 ) 14,037 6,855 (20,918 ) (13,314 ) Provision for income taxes (51 ) (288 ) 314 — (25 ) Net (loss) income $ (13,339 ) $ 13,749 $ 7,169 $ (20,918 ) $ (13,339 ) Comprehensive (loss) income $ (12,773 ) $ 13,736 $ 8,967 $ (20,918 ) $ (10,988 ) Xerium Technologies, Inc. Consolidating Statement of Operations and Comprehensive Income (Loss)-(Unaudited) For the three months ended September 30, 2015 (Dollars in thousands) Parent Total Total Non Other The Net sales $ — $ 41,978 $ 80,090 $ (4,329 ) $ 117,739 Costs and expenses: Cost of products sold 38 28,157 47,439 (4,382 ) 71,252 Selling 248 4,940 10,701 — 15,889 General and administrative 4,403 1,658 8,309 — 14,370 Research and development 259 1,118 464 — 1,841 Restructuring 47 307 4,647 — 5,001 4,995 36,180 71,560 (4,382 ) 108,353 (Loss) income from operations (4,995 ) 5,798 8,530 53 9,386 Interest (expense) income, net (9,613 ) 877 (1,039 ) — (9,775 ) Foreign exchange gain (loss) 404 (26 ) 1,681 — 2,059 Equity in subsidiaries income 10,415 9,460 — (19,875 ) — Dividend income 4,769 — — (4,769 ) — Income (loss) before provision for income taxes 980 16,109 9,172 (24,591 ) 1,670 Provision for income taxes (65 ) (19 ) (671 ) — (755 ) Net income (loss) $ 915 $ 16,090 $ 8,501 $ (24,591 ) $ 915 Comprehensive income (loss) $ 1,084 $ 16,391 $ (3,896 ) $ (24,591 ) $ (11,012 ) Xerium Technologies, Inc. Consolidating Statement of Operations and Comprehensive (Loss) Income (Unaudited) For the nine months ended September 30, 2016 (Dollars in thousands) Parent Total Total Non Other The Net sales $ — $ 130,379 $ 249,137 $ (21,387 ) $ 358,129 Costs and expenses: Cost of products sold — 88,401 155,441 (21,247 ) 222,595 Selling 677 15,067 31,528 — 47,272 General and administrative 8,178 4,137 25,262 — 37,577 Research and development 835 3,062 1,374 — 5,271 Restructuring 695 2,098 5,310 — 8,103 10,385 112,765 218,915 (21,247 ) 320,818 (Loss) income from operations (10,385 ) 17,614 30,222 (140 ) 37,311 Interest (expense) income, net (31,164 ) 790 (2,841 ) — (33,215 ) Foreign exchange (loss) gain (53 ) (145 ) (278 ) — (476 ) Equity in subsidiaries income 31,657 24,973 — (56,630 ) — Loss on Extinguishment of Debt (11,736 ) — — — (11,736 ) Dividend income 9,245 — — (9,245 ) — (Loss) income before provision for income taxes (12,436 ) 43,232 27,103 (66,015 ) (8,116 ) Provision for income taxes (237 ) (550 ) (3,770 ) — (4,557 ) Net (loss) income $ (12,673 ) $ 42,682 $ 23,333 $ (66,015 ) $ (12,673 ) Comprehensive (loss) income $ (10,174 ) $ 45,230 $ 33,853 $ (66,015 ) $ 2,894 Xerium Technologies, Inc. Consolidating Statement of Operations and Comprehensive Income (Loss)-(Unaudited) For the nine months ended September 30, 2015 (Dollars in thousands) Parent Total Total Non Other The Net sales $ — $ 126,416 $ 251,958 $ (16,478 ) $ 361,896 Costs and expenses: Cost of products sold (291 ) 85,079 148,954 (16,329 ) 217,413 Selling 787 14,790 33,068 — 48,645 General and administrative 9,285 4,539 26,437 — 40,261 Research and development 732 3,508 1,455 — 5,695 Restructuring 8,313 622 3,799 — 12,734 18,826 108,538 213,713 (16,329 ) 324,748 (Loss) income from operations (18,826 ) 17,878 38,245 (149 ) 37,148 Interest (expense) income, net (28,303 ) 3,009 (2,850 ) — (28,144 ) Foreign exchange gain (loss) 246 (261 ) 2,165 — 2,150 Equity in subsidiaries income 38,843 21,009 — (59,852 ) — Dividend income 10,856 — — (10,856 ) — Income (loss) before provision for income taxes 2,816 41,635 37,560 (70,857 ) 11,154 Provision for income taxes (871 ) (89 ) (8,249 ) — (9,209 ) Net income (loss) $ 1,945 $ 41,546 $ 29,311 $ (70,857 ) $ 1,945 Comprehensive income (loss) $ 3,439 $ 42,462 $ (8,750 ) $ (70,857 ) $ (33,706 )
Consolidating Statement of Cash Flows (Unaudited)	Xerium Technologies, Inc. Consolidating Statement of Cash Flows-(Unaudited) For the nine months ended September 30, 2016 (Dollars in thousands) Parent Total Total Non Other The Operating activities Net (loss) income $ (12,673 ) $ 42,682 $ 23,333 $ (66,015 ) $ (12,673 ) Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Stock-based compensation 2,123 — — — 2,123 Depreciation 1,683 6,189 16,334 — 24,206 Amortization of intangible assets — 501 72 — 573 Deferred financing cost amortization 2,162 — 72 — 2,234 Foreign exchange gain on revaluation of debt 43 — — — 43 Deferred taxes 142 — (3,208 ) — (3,066 ) Loss on disposition of property and equipment — 30 20 — 50 Loss on extinquishment of debt 11,736 — — — 11,736 Provision for doubtful accounts — (70 ) (4 ) — (74 ) Undistributed equity in earnings of subsidiaries (31,657 ) (24,973 ) — 56,630 — Change in assets and liabilities which provided (used) cash: Accounts receivable (39 ) 1,856 (514 ) — 1,303 Inventories — 2,372 2,888 140 5,400 Prepaid expenses (76 ) (77 ) (460 ) — (613 ) Other current assets — 475 (2,048 ) — (1,573 ) Accounts payable and accrued expenses 1,933 (4,537 ) (6,593 ) — (9,197 ) Deferred and other long-term liabilities (34 ) 908 621 — 1,495 Intercompany loans 289,717 (294,054 ) 4,337 — — Net cash provided by (used in) operating activities 265,060 (268,698 ) 34,850 (9,245 ) 21,967 Investing activities Capital expenditures (664 ) (2,332 ) (6,618 ) — (9,614 ) Intercompany property and equipment transfers, net (2 ) 40 (38 ) — — Proceeds from disposals of property and equipment — 5 89 — 94 Acquisition costs (16,225 ) — (16,225 ) Net cash used in investing activities (666 ) (18,512 ) (6,567 ) — (25,745 ) Financing activities Net increase in notes payable — — 1,121 — 1,121 Proceeds from borrowings 535,407 — 6,093 — 541,500 Principal payments on debt (503,806 ) — (7,030 ) — (510,836 ) Dividends paid — (9,245 ) — 9,245 — Payment of obligations under capital leases (946 ) (1,743 ) (305 ) — (2,994 ) Payment of financing fees (22,861 ) — 54 — (22,807 ) Intercompany loans (272,267 ) 298,235 (25,968 ) — — Employee taxes paid on equity awards (1,791 ) — — — (1,791 ) Net cash (used in) provided by financing activities (266,264 ) 287,247 (26,035 ) 9,245 4,193 Effect of exchange rate changes on cash flows — — (1,874 ) — (1,874 ) Net (decrease) increase in cash (1,870 ) 37 374 — (1,459 ) Cash and cash equivalents at beginning of period $ 3,105 $ (2 ) $ 6,736 $ — $ 9,839 Cash and cash equivalents at end of period $ 1,235 $ 35 $ 7,110 $ — $ 8,380 Xerium Technologies, Inc. Consolidating Statement of Cash Flows (Unaudited) For the nine months ended September 30, 2015 (Dollars in Thousands) Parent Total Total Non Other The Operating activities Net income (loss) $ 1,945 $ 41,546 $ 29,311 $ (70,857 ) $ 1,945 Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities: Stock-based compensation 2,506 — 184 — 2,690 Depreciation 1,110 5,292 14,995 — 21,397 Amortization of intangible assets — 206 22 — 228 Deferred financing cost amortization 2,570 — 71 — 2,641 Foreign exchange gain on revaluation of debt (2,115 ) — — — (2,115 ) Deferred taxes 661 — (2,232 ) — (1,571 ) Asset impairment — 149 1,029 — 1,178 Loss on disposition of property and equipment 4 27 (116 ) — (85 ) Provision for doubtful accounts — 276 581 — 857 Undistributed equity in earnings of subsidiaries (38,843 ) (21,009 ) — 59,852 — Change in assets and liabilities which provided (used) cash: Accounts receivable (70 ) (409 ) (2,310 ) — (2,789 ) Inventories — 1,074 2,417 149 3,640 Prepaid expenses (700 ) (94 ) 77 — (717 ) Other current assets — (252 ) (1,773 ) — (2,025 ) Accounts payable and accrued expenses 4,422 1,774 1,061 — 7,257 Deferred and other long-term liabilities (238 ) 1,023 (6,336 ) — (5,551 ) Intercompany loans (12,996 ) (7,108 ) 20,104 — — Net cash (used in) provided by operating activities (41,744 ) 22,495 57,085 (10,856 ) 26,980 Investing activities Capital expenditures (6,276 ) (7,862 ) (26,238 ) — (40,376 ) Intercompany property and equipment transfers, net 8,612 (220 ) (8,392 ) — — Proceeds from disposals of property and equipment 3 26 75 — 104 Net cash provided by (used in) investing activities 2,339 (8,056 ) (34,555 ) — (40,272 ) Financing activities Net increase in notes payable — — 6,759 — 6,759 Proceeds from borrowings 37,408 — 20,020 — 57,428 Principal payments on debt (34,371 ) — (11,202 ) — (45,573 ) Dividends paid — (9,950 ) (906 ) 10,856 — Payments of obligations under capitalized leases (486 ) (401 ) — — (887 ) Payment of deferred financing fees (63 ) — 45 — (18 ) Intercompany loans 36,646 (4,078 ) (32,568 ) — — Other financing activities 5,500 — (5,500 ) — Employee taxes paid on equity awards (2,124 ) — — — (2,124 ) Net cash provided by (used in) financing activities 42,510 (14,429 ) (23,352 ) 10,856 15,585 Effect of exchange rate changes on cash flows — — (1,106 ) — (1,106 ) Net increase (decrease) in cash 3,105 10 (1,928 ) — 1,187 Cash and cash equivalents at beginning of period 605 (14 ) 8,926 — 9,517 Cash and cash equivalents at end of period $ 3,710 $ (4 ) $ 6,998 $ — $ 10,704

Description of Business and S28

Description of Business and Significant Accounting Policies - Components of Inventories (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Raw materials	$ 15,065	$ 12,389
Work in process	26,465	25,203
Finished goods (includes consigned inventory of $6,565 at September 30, 2016 and $6,513 at December 31, 2015)	37,828	40,058
Inventory allowances	(6,892)	(5,952)
Inventories, net	72,466	71,698
Consigned inventory	$ 6,565	$ 6,513

Description of Business and S29

Description of Business and Significant Accounting Policies - Changes In Warranty Liability (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Warranties, Increase (Decrease)
Beginning Balance	$ 2,175	$ 2,685
Charged to Cost of Sales	1,207	1,184
Effect of Foreign Currency Translation	70	(144)
Deduction from Reserves	(1,228)	(1,580)
Ending Balance	$ 2,224	$ 2,145

Description of Business and S30

Description of Business and Significant Accounting Policies - Net (Loss) Income (Loss) Per Common Share (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Weighted-average common shares outstanding–basic (in shares)	16,063,140	15,667,103	15,949,816	15,595,793
Dilutive effect of stock-based compensation awards outstanding (in shares)	0	899,967	0	844,732
Weighted-average common shares outstanding–diluted (in shares)	16,063,140	16,567,070	15,949,816	16,440,525
Anti-dilutive securities (in shares)	919,231	24,002	919,231	20,237

Description of Business and S31

Description of Business and Significant Accounting Policies - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Restructuring Cost and Reserve [Line Items]
Asset impairment				$ 1,000,000
Employee taxes paid on equity awards			$ 1,791,000	2,124,000
Restructuring Expense
Restructuring Cost and Reserve [Line Items]
Asset impairment	$ 0	$ 0	0	0
Accounting Standards Update 2016-09 | New Accounting Pronouncement, Early Adoption, Effect
Restructuring Cost and Reserve [Line Items]
Employee taxes paid on equity awards			$ 1,800,000	$ 2,200,000

Business Acquisitions (Details)

Business Acquisitions (Details) - USD ($) $ in Thousands	May 04, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Business Acquisition [Line Items]
Goodwill		$ 59,991		$ 59,991		$ 58,599
Acquisition expenses		85	$ 1,552	752	$ 2,402
J.J. Plank Corporation
Business Acquisition [Line Items]
Purchase price	$ 18,000
Voting interest in acquired	100.00%
Net assets acquired excluding goodwill	$ 15,300
Goodwill	$ 2,700
Goodwill reductions		900
Purchase price adjustment		400
Inventory valuation adjustment		$ 500
Acquisition expenses				$ 700

Derivatives and Hedging - Narra

Derivatives and Hedging - Narrative (Details)	Sep. 30, 2016derivative_instrument
Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Number of derivative instruments	0

Derivatives and Hedging - Sched

Derivatives and Hedging - Schedule of Derivative Instruments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Derivative [Line Items]
Change in fair value of derivative included in foreign exchange (loss) gain	$ 24	$ (743)	$ 93	$ (2,197)
Not Designated as Hedging Instrument | Foreign Exchange Forward Contracts
Derivative [Line Items]
Fair value of derivative (liability)	$ (739)		$ (739)		$ (1,188)

Derivatives and Hedging - Notio

Derivatives and Hedging - Notional Amounts of Foreign Exchange Forward Contracts (Detail) - Not Designated as Hedging Instrument - Foreign Exchange Forward Contracts $ in Thousands	Sep. 30, 2016USD ($)
Notional Sold
Derivative [Line Items]
Non-designated hedges of foreign exchange risk	$ (4,116)
Notional Purchased
Derivative [Line Items]
Non-designated hedges of foreign exchange risk	$ (60,334)

Long term Debt - Schedule of Lo

Long term Debt - Schedule of Long Term Debt (Detail) - USD ($) $ in Thousands	Aug. 09, 2016	Sep. 30, 2016	Dec. 31, 2015	May 26, 2016	May 17, 2013
Debt Instrument [Line Items]
Long-term debt		$ 496,400
Notes payable		7,840	$ 6,556
Total debt		510,961	481,729
Less deferred financing costs and debt discount		(16,771)	(7,293)
Less current maturities of long term debt and notes payable		(14,611)	(11,966)
Total long term debt		479,579	462,470
Other debt
Debt Instrument [Line Items]
Long-term debt		$ 15,077	$ 6,278
Notes Payable
Debt Instrument [Line Items]
Debt instrument variable interest rate (percent)		2.05%	2.05%
Rollover option period (years)		1 year	1 year
Notes Payable | Notes payable, working capital loan, variable interest rate at 2.05%. Matures June 30, 2017, with one-year rollover option.
Debt Instrument [Line Items]
Notes payable		$ 7,840	$ 6,556
Senior Secured Term Loan Facility | Notes (Secured), payable semi-annually–U.S. Dollar denominated interest rate fixed at 9.50%. Sold at a price equal to 98.54% of their face value. Matures August of 2021.
Debt Instrument [Line Items]
Long-term debt		$ 480,000	$ 0
Debt instrument interest rate (percent)	9.50%	9.50%	9.50%
Redemption price (percent)	98.54%	98.54%	98.54%
Senior Secured Term Loan Facility | Senior secured term loan facility, payable quarterly, U.S. Dollar denominated–LIBOR (minimum 1.25%) plus 5.0% (6.25%) net of $0.6 million discount. Matures May of 2019.
Debt Instrument [Line Items]
Long-term debt		$ 0	$ 223,937
Debt instrument interest rate (percent)		6.25%	6.25%
Debt discount		$ 600	$ 600		$ 1,000
Senior Secured Term Loan Facility | Senior secured term loan facility, payable quarterly, U.S. Dollar denominated–LIBOR (minimum 1.25%) plus 5.0% (6.25%) net of $0.6 million discount. Matures May of 2019. | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt Instrument, minimum variable rate basis (percent)		1.25%	1.25%
Debt instrument, basis spread on variable rate (percent)		5.00%	5.00%
Senior Notes (Unsecured) | Senior Notes (Unsecured), payable semi-annually–U.S. Dollar denominated interest rate fixed at 8.875%. Matures June of 2018.
Debt Instrument [Line Items]
Long-term debt		$ 0	$ 236,410
Redemption price (percent)		102.219%
Debt instrument fixed interest rate (percent)		8.875%	8.875%	8.875%
Capital Lease Obligations | Fixed asset loan contract, variable interest rate of 5.78%. Matures June of 2020.
Debt Instrument [Line Items]
Fixed asset loan		$ 8,044	$ 8,548
Debt instrument interest rate (percent)		5.78%	5.78%

Long term Debt - Additional Inf

Long term Debt - Additional Information (Detail)	Sep. 30, 2016USD ($)	Aug. 09, 2016USD ($)	Jul. 17, 2015USD ($)	Apr. 30, 2016USD ($)	Sep. 30, 2016USD ($)	Dec. 31, 2015USD ($)	Aug. 18, 2016USD ($)	May 26, 2016USD ($)	Nov. 03, 2015USD ($)	Jul. 17, 2015CNY (¥)	Mar. 03, 2014USD ($)	May 17, 2013USD ($)
Debt Instrument [Line Items]
Carrying value of long-term debt	$ 496,400,000				$ 496,400,000
Fair value of long-term debt	503,600,000				503,600,000
Liabilities under capital leases	20,366,000				20,366,000	$ 8,737,000
Proceeds from sale leaseback transactions				$ 6,000,000
Credit Facility and Notes
Debt Instrument [Line Items]
Carrying value of long-term debt	$ 480,000,000				$ 480,000,000
Senior secured term loan facility, payable quarterly, U.S. Dollar denominated–LIBOR (minimum 1.25%) plus 5.0% (6.25%) net of $0.6 million discount. Matures May of 2019. | Secured Debt
Debt Instrument [Line Items]
Debt instrument, face amount							$ 230,000,000					$ 200,000,000
Debt instrument interest rate (percent)	6.25%				6.25%	6.25%
Debt discount	$ 600,000				$ 600,000	$ 600,000						1,000,000
Carrying value of long-term debt	0				$ 0	223,937,000
Senior Notes (Unsecured), payable semi-annually–U.S. Dollar denominated interest rate fixed at 8.875%. Matures June of 2018. | Senior Notes (Unsecured)
Debt Instrument [Line Items]
Debt instrument, face amount								$ 240,000,000
Redemption price (percent)					102.219%
Carrying value of long-term debt	$ 0				$ 0	$ 236,410,000
Debt instrument fixed interest rate (percent)	8.875%				8.875%	8.875%		8.875%
ABL Secured Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Current borrowing capacity									$ 55,000,000		$ 55,000,000	$ 40,000,000
Remaining borrowing capacity	$ 22,100,000				$ 22,100,000
Amount outstanding	34,200,000				34,200,000
ABL Secured Facility | Letter of Credit
Debt Instrument [Line Items]
Amount outstanding	$ 12,100,000				$ 12,100,000
Xerium China Loan Agreement | Secured Debt
Debt Instrument [Line Items]
Debt instrument, face amount			$ 9,400,000							¥ 58,500,000
Interest rate adjustment period (months)			12 months
Frequency of principal payment (months)			6 months
Notes (Secured), payable semi-annually–U.S. Dollar denominated interest rate fixed at 9.50%. Sold at a price equal to 98.54% of their face value. Matures August of 2021. | Secured Debt
Debt Instrument [Line Items]
Debt instrument, face amount		$ 480,000,000
Debt instrument interest rate (percent)	9.50%	9.50%			9.50%	9.50%
Redemption price (percent)		98.54%			98.54%	98.54%
Carrying value of long-term debt	$ 480,000,000				$ 480,000,000	$ 0
Prime Rate | ABL Secured Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument interest rate (percent)	4.25%				4.25%
Debt instrument, basis spread on variable rate (percent)					0.75%
London Interbank Offered Rate (LIBOR) | Senior secured term loan facility, payable quarterly, U.S. Dollar denominated–LIBOR (minimum 1.25%) plus 5.0% (6.25%) net of $0.6 million discount. Matures May of 2019. | Secured Debt
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate (percent)					5.00%	5.00%
London Interbank Offered Rate (LIBOR) | ABL Secured Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument interest rate (percent)	2.40%				2.40%
Debt instrument, basis spread on variable rate (percent)					1.75%
Benchmark Rate | Xerium China Loan Agreement | Secured Debt
Debt Instrument [Line Items]
Interest rate during period (percent)	5.80%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Taxes [Line Items]
Provision for income taxes	$ 25	$ 755	$ 4,557	$ 9,209
Net earnings required to recognize deferred tax asset, minimum			40,000
Net earnings required to recognize deferred tax asset, maximum			120,000
Gross unrecognized tax benefit	7,900		7,900
Increase in unrecognized tax benefits			400
Unrecognized tax benefits related to income tax matters and income tax expense	$ 100		$ 100
Minimum
Income Taxes [Line Items]
Statutory income tax rate in foreign countries (percent)			15.00%
Maximum
Income Taxes [Line Items]
Statutory income tax rate in foreign countries (percent)			35.36%

Pensions, Other Post-retireme39

Pensions, Other Post-retirement and Post-employment Benefits - Additional Information (Details) $ in Millions	3 Months Ended
	Jun. 30, 2016USD ($)
Compensation and Retirement Disclosure [Abstract]
Pension curtailment	$ 2.7

Pensions, Other Post-retireme40

Pensions, Other Post-retirement and Post-employment Benefits - Components of Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Pensions, Other Post-Retirement And Post-Employment Benefits [Abstract]
Service cost	$ 308	$ 765	$ 1,131	$ 2,155
Interest cost	1,133	1,506	4,149	4,273
Expected return on plan assets	(1,182)	(1,638)	(4,326)	(4,645)
Amortization of net loss	428	676	1,561	1,932
Net periodic benefit cost	$ 687	$ 1,309	$ 2,515	$ 3,715

Comprehensive (Loss) Income a41

Comprehensive (Loss) Income and Accumulated Other Comprehensive Loss - Components of Comprehensive Loss, Net of Tax (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Comprehensive Income Loss and Accumulated Other Comprehensive Income (Loss) [Abstract]
Other comprehensive loss, tax (benefit) expense	$ 803	$ 97	$ 1,541	$ 183
Net (loss) income	(13,339)	915	(12,673)	1,945
Foreign currency translation adjustments	1,625	(14,333)	11,353	(40,701)
Pension liability changes under Topic 715	726	2,320	4,214	4,797
Change in value of derivative instruments	0	86	0	253
Comprehensive (loss) income	$ (10,988)	$ (11,012)	$ 2,894	$ (33,706)

Comprehensive (Loss) Income a42

Comprehensive (Loss) Income and Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss, tax benefit	$ 5,500		$ 5,500
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning			(113,070)
Pension curtailment		$ 2,700
Amounts reclassified from other comprehensive loss:
Balance at end	(109,844)		(109,844)
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning	(76,254)		(85,982)
Other comprehensive income before reclassifications	1,625		11,353
Pension curtailment	0		0
Amounts reclassified from other comprehensive loss:
Amortization of actuarial losses	0		0
Net current period other comprehensive (loss) income	1,625		11,353
Balance at end	(74,629)	(76,254)	(74,629)
Pension Liability Changes Under Topic 715
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning	(32,271)		(35,759)
Other comprehensive income before reclassifications	298		(48)
Pension curtailment	0		2,701
Amounts reclassified from other comprehensive loss:
Amortization of actuarial losses	428		1,561
Net current period other comprehensive (loss) income	726		4,214
Balance at end	(31,545)	(32,271)	(31,545)
Change in Value of Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning	49		49
Other comprehensive income before reclassifications	0		0
Pension curtailment			0
Amounts reclassified from other comprehensive loss:
Amortization of actuarial losses	0		0
Net current period other comprehensive (loss) income	0		0
Balance at end	49	49	49
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning	(108,476)		(121,692)
Other comprehensive income before reclassifications	1,923		11,305
Pension curtailment	0		2,701
Amounts reclassified from other comprehensive loss:
Amortization of actuarial losses	428		1,561
Net current period other comprehensive (loss) income	2,351		15,567
Balance at end	$ (106,125)	$ (108,476)	$ (106,125)

Restructuring Expense - Additio

Restructuring Expense - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring	$ 2,493	$ 5,001	$ 8,103	$ 12,734
Headcount Reductions
Restructuring Cost and Reserve [Line Items]
Restructuring			6,700	4,100
Clothing Facility | Middletown VA Facility | Facility Closing
Restructuring Cost and Reserve [Line Items]
Restructuring			$ 1,400
Clothing Facility | Brazil Facility | Facility Closing
Restructuring Cost and Reserve [Line Items]
Restructuring				4,100
Clothing Facility | Canada Facility | Facility Closing
Restructuring Cost and Reserve [Line Items]
Restructuring				$ 4,500

Restructuring Expense - Restruc

Restructuring Expense - Restructuring Programs (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Restructuring Reserve
Beginning Balance	$ 6,211	$ 5,698
Charges	8,103	11,748
Currency Effects	85	(545)
Cash Payments	(9,277)	(10,332)
Ending Balance	5,122	6,569
Asset impairment		1,000
Severance and other benefits
Restructuring Reserve
Beginning Balance	5,308	4,880
Charges	4,328	6,007
Currency Effects	73	(469)
Cash Payments	(5,010)	(4,744)
Ending Balance	4,699	5,674
Facility costs and other
Restructuring Reserve
Beginning Balance	903	818
Charges	3,775	5,741
Currency Effects	12	(76)
Cash Payments	(4,267)	(5,588)
Ending Balance	$ 423	$ 895

Restructuring Expense - Restr45

Restructuring Expense - Restructuring and Impairment Expense by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring	$ 2,493	$ 5,001	$ 8,103	$ 12,734
Operating Segments | Clothing
Restructuring Cost and Reserve [Line Items]
Restructuring	1,803	4,414	4,930	11,516
Operating Segments | Roll Covers
Restructuring Cost and Reserve [Line Items]
Restructuring	637	540	2,478	827
Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring	$ 53	$ 47	$ 695	$ 391

Business Segment Information -

Business Segment Information - Additional Information (Details)	9 Months Ended
	Sep. 30, 2016segment
Segment Reporting [Abstract]
Number of reportable segments	2

Business Segment Information 47

Business Segment Information - Summarized Financial Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Net Sales	$ 119,191	$ 117,739	$ 358,129	$ 361,896
Segment Earnings (Loss)	22,880	28,261	74,451	82,473
Operating Segments | Clothing
Segment Reporting Information [Line Items]
Net Sales	71,033	72,536	217,189	228,971
Segment Earnings (Loss)	17,287	22,230	57,222	66,076
Operating Segments | Roll Covers
Segment Reporting Information [Line Items]
Net Sales	48,158	45,203	140,940	132,925
Segment Earnings (Loss)	8,613	9,685	28,514	26,864
Corporate
Segment Reporting Information [Line Items]
Net Sales	0	0	0	0
Segment Earnings (Loss)	$ (3,020)	$ (3,654)	$ (11,286)	$ (10,467)

Business Segment Information 48

Business Segment Information - Reconciliation of Segment Earnings (Loss) To Income Before Provision For Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Earnings (Loss):
Segment Earnings (Loss)	$ 22,880	$ 28,261	$ 74,451	$ 82,473
Stock-based compensation	(697)	(1,064)	(2,123)	(2,690)
Inventory write-off related to closed facilities	0	(465)	0	(465)
Idle equipment asset impairment	0	149	0	149
Interest expense, net	(12,216)	(9,775)	(33,215)	(28,144)
Depreciation and amortization	(8,394)	(7,207)	(24,779)	(21,625)
Loss on extinguishment of debt	(11,736)	0	(11,736)	0
Restructuring expense	(2,493)	(5,001)	(8,103)	(12,734)
Other non-recurring expense	(85)	(1,552)	(752)	(2,402)
Plant startup costs	(573)	(1,378)	(1,858)	(3,110)
(Loss) Income before provision for income taxes	(13,314)	1,670	(8,116)	11,154
Operating Segments | Clothing
Segment Earnings (Loss):
Segment Earnings (Loss)	17,287	22,230	57,222	66,076
Restructuring expense	(1,803)	(4,414)	(4,930)	(11,516)
Operating Segments | Roll Covers
Segment Earnings (Loss):
Segment Earnings (Loss)	8,613	9,685	28,514	26,864
Restructuring expense	(637)	(540)	(2,478)	(827)
Corporate
Segment Earnings (Loss):
Segment Earnings (Loss)	(3,020)	(3,654)	(11,286)	(10,467)
Restructuring expense	$ (53)	$ (47)	$ (695)	$ (391)

Stock-Based Compensation and 49

Stock-Based Compensation and Stockholders' Deficit - Stock-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock compensation expense	$ 697	$ 1,064	$ 2,123	$ 2,690
RSU, Options and DSU Awards
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock compensation expense	$ 697	$ 1,064	$ 2,123	$ 2,690

Stock-Based Compensation and 50

Stock-Based Compensation and Stockholders' Deficit - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Aug. 15, 2016	May 04, 2016	Mar. 15, 2016	Aug. 15, 2012	Mar. 31, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense						$ 697	$ 1,064	$ 2,123	$ 2,690
Common stock, par value (in dollars per share)				$ 0.001		$ 0.001		$ 0.001		$ 0.001
Deferred Stock Unit (DSUs) | Common Stock | Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued (in shares)					22,234
2015 - 2014 LTIP | Market-Based Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of award payout (as a percent)								0.00%
Stock compensation expense								$ 200
2013 LTIP | Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion of stock, shares converted (in shares)			207,385
Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		33.33%
Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards | Time Based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total target award (as a percent)		35.00%
Grants other than options		182,190
Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards | Performance Based and Market Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total target award (as a percent)		65.00%
Grants other than options		338,354
Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Measurement period (in years)		3 years
Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards | Performance Shares | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		50.00%
Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards | Performance Shares | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		200.00%
Long Term Incentive Plan 2016 to 2018 Free Cash Flow Metric Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		33.33%
Long Term Incentive Plan 2016 to 2018 Free Cash Flow Metric Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Measurement period (in years)		3 years
Long Term Incentive Plan 2016 to 2018 Free Cash Flow Metric Awards | Performance Shares | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		50.00%
Long Term Incentive Plan 2016 to 2018 Free Cash Flow Metric Awards | Performance Shares | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		200.00%
Long Term Incentive Plan 2016 to 2018 Market Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		33.33%
Long Term Incentive Plan 2016 to 2018 Market Based Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Measurement period (in years)		3 years
Long Term Incentive Plan 2016 to 2018 Market Based Awards | Performance Shares | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		50.00%
Long Term Incentive Plan 2016 to 2018 Market Based Awards | Performance Shares | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		200.00%
2011 DSU Plan | Deferred Stock Unit (DSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual retainer per director								$ 132
Annual retainer payable in shares (as a percent)								54.00%
Annual retainer payable in shares or cash (as a percent)								46.00%
Shares issued (in shares)								54,294
2011 DSU Plan | Deferred Stock Unit (DSUs) | Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued (in shares)								45,843
CEO Equity Award Plan | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)	33.33%
Grants other than options				204,208
Vesting period (in years)				3 years
Options term (in years)				10 years
Options exercise price (in dollars per share)				$ 4
Shares exercised (in shares)				35,539
CEO Equity Award Plan | Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted shares				781,701
Award vesting percentage (as a percent)	33.33%
Vesting period (in years)				3 years
Shares exercised (in shares)				68,106
Share-based Compensation Award, Tranche One | Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		0.00%
Threshold percentage (as a percent)		90.00%
Share-based Compensation Award, Tranche One | Long Term Incentive Plan 2016 to 2018 Free Cash Flow Metric Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		0.00%
Threshold percentage (as a percent)		88.00%
Share-based Compensation Award, Tranche One | Long Term Incentive Plan 2016 to 2018 Market Based Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		0.00%
Threshold percentage (as a percent)		35.00%
Share-based Compensation Award, Tranche Two | Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Threshold percentage (as a percent)		90.00%
Share-based Compensation Award, Tranche Two | Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards | Performance Shares | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		50.00%
Threshold percentage (as a percent)		90.00%
Share-based Compensation Award, Tranche Two | Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards | Performance Shares | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		100.00%
Threshold percentage (as a percent)		100.00%
Share-based Compensation Award, Tranche Two | Long Term Incentive Plan 2016 to 2018 Free Cash Flow Metric Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Threshold percentage (as a percent)		88.00%
Share-based Compensation Award, Tranche Two | Long Term Incentive Plan 2016 to 2018 Free Cash Flow Metric Awards | Performance Shares | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		50.00%
Threshold percentage (as a percent)		88.00%
Share-based Compensation Award, Tranche Two | Long Term Incentive Plan 2016 to 2018 Free Cash Flow Metric Awards | Performance Shares | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		100.00%
Threshold percentage (as a percent)		100.00%
Share-based Compensation Award, Tranche Two | Long Term Incentive Plan 2016 to 2018 Market Based Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		50.00%
Threshold percentage (as a percent)		55.00%
Share-based Compensation Award, Tranche Three | Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Threshold percentage (as a percent)		110.00%
Share-based Compensation Award, Tranche Three | Long Term Incentive Plan 2016 to 2018 Adjusted EBITDA Metric Awards | Performance Shares | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		200.00%
Share-based Compensation Award, Tranche Three | Long Term Incentive Plan 2016 to 2018 Free Cash Flow Metric Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		200.00%
Threshold percentage (as a percent)		113.00%
Share-based Compensation Award, Tranche Three | Long Term Incentive Plan 2016 to 2018 Market Based Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		100.00%
Threshold percentage (as a percent)		75.00%
Share-based Compensation Award, Tranche Four | Long Term Incentive Plan 2016 to 2018 Market Based Awards | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage (as a percent)		200.00%

Supplemental Guarantor Financ51

Supplemental Guarantor Financial Information - Consolidating Balance Sheet-(Unaudited) (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 8,380	$ 9,839	$ 10,704	$ 9,517
Accounts receivable, net	72,485	68,562
Intercompany receivables	0	0
Inventories, net	72,466	71,698
Prepaid expenses	7,520	6,649
Other current assets	18,515	16,869
Total current assets	179,366	173,617
Property and equipment, net	301,721	297,083
Investments	0	0
Goodwill	59,991	58,599
Intangible assets	7,894	1,547
Non-current deferred tax asset	12,224	9,325
Other assets	11,366	10,203
Total assets	572,562	550,374
Current liabilities:
Notes payable	7,840	6,556
Accounts payable	35,834	40,696
Accrued expenses	55,641	56,076
Current maturities of long-term debt	6,771	5,410
Total current liabilities	106,086	108,738
Long-term debt, net of current maturities	479,579	462,470
Liabilities under capital leases	20,366	8,737
Non-current deferred tax liability	10,401	8,770
Pension, other post-retirement and post-employment obligations	60,018	63,606
Other long-term liabilities	5,956	11,123
Intercompany loans	0	0
Total stockholders’ (deficit) equity	(109,844)	(113,070)
Total liabilities and stockholders’ deficit	572,562	550,374
Other Eliminations
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0
Intercompany receivables	0	0
Inventories, net	(1,065)	(925)
Prepaid expenses	0	0
Other current assets	0	0
Total current assets	(1,065)	(925)
Property and equipment, net	0	0
Investments	(1,111,917)	(1,044,507)
Goodwill	0	0
Intangible assets	0	0
Non-current deferred tax asset	0	0
Other assets	0	0
Total assets	(1,112,982)	(1,045,432)
Current liabilities:
Notes payable	0	0
Accounts payable	0	0
Accrued expenses	0	0
Current maturities of long-term debt	0	0
Total current liabilities	0	0
Long-term debt, net of current maturities	0	0
Liabilities under capital leases	0	0
Non-current deferred tax liability	0	0
Pension, other post-retirement and post-employment obligations	0	0
Other long-term liabilities	0	0
Intercompany loans	0	0
Total stockholders’ (deficit) equity	(1,112,982)	(1,045,432)
Total liabilities and stockholders’ deficit	(1,112,982)	(1,045,432)
Parent
Current assets:
Cash and cash equivalents	1,235	3,105	3,710	605
Accounts receivable, net	59	20
Intercompany receivables	(400,258)	(110,541)
Inventories, net	0	0
Prepaid expenses	586	510
Other current assets	0	0
Total current assets	(398,378)	(106,906)
Property and equipment, net	8,648	9,518
Investments	868,721	837,064
Goodwill	0	0
Intangible assets	0	0
Non-current deferred tax asset	0	0
Other assets	0	0
Total assets	478,991	739,676
Current liabilities:
Notes payable	0	0
Accounts payable	2,343	2,642
Accrued expenses	14,851	12,661
Current maturities of long-term debt	2,287	2,663
Total current liabilities	19,481	17,966
Long-term debt, net of current maturities	471,118	451,923
Liabilities under capital leases	6,337	3,276
Non-current deferred tax liability	(1,373)	(1,515)
Pension, other post-retirement and post-employment obligations	18,438	19,950
Other long-term liabilities	0	0
Intercompany loans	68,167	341,412
Total stockholders’ (deficit) equity	(103,177)	(93,336)
Total liabilities and stockholders’ deficit	478,991	739,676
Total Guarantors
Current assets:
Cash and cash equivalents	35	(2)	(4)	(14)
Accounts receivable, net	19,459	18,585
Intercompany receivables	407,759	113,736
Inventories, net	15,241	14,694
Prepaid expenses	1,407	1,330
Other current assets	2,373	2,849
Total current assets	446,274	151,192
Property and equipment, net	72,117	68,075
Investments	243,196	207,443
Goodwill	19,237	17,737
Intangible assets	7,806	1,389
Non-current deferred tax asset	0	0
Other assets	772	0
Total assets	789,402	445,836
Current liabilities:
Notes payable	0	0
Accounts payable	10,098	11,100
Accrued expenses	7,843	9,668
Current maturities of long-term debt	2,359	1,937
Total current liabilities	20,300	22,705
Long-term debt, net of current maturities	0	0
Liabilities under capital leases	4,929	4,425
Non-current deferred tax liability	1,243	1,243
Pension, other post-retirement and post-employment obligations	1,600	2,619
Other long-term liabilities	1,336	0
Intercompany loans	(106,822)	(403,154)
Total stockholders’ (deficit) equity	866,816	817,998
Total liabilities and stockholders’ deficit	789,402	445,836
Total Non Guarantors
Current assets:
Cash and cash equivalents	7,110	6,736	$ 6,998	$ 8,926
Accounts receivable, net	52,967	49,957
Intercompany receivables	(7,501)	(3,195)
Inventories, net	58,290	57,929
Prepaid expenses	5,527	4,809
Other current assets	16,142	14,020
Total current assets	132,535	130,256
Property and equipment, net	220,956	219,490
Investments	0	0
Goodwill	40,754	40,862
Intangible assets	88	158
Non-current deferred tax asset	12,224	9,325
Other assets	10,594	10,203
Total assets	417,151	410,294
Current liabilities:
Notes payable	7,840	6,556
Accounts payable	23,393	26,954
Accrued expenses	32,947	33,747
Current maturities of long-term debt	2,125	810
Total current liabilities	66,305	68,067
Long-term debt, net of current maturities	8,461	10,547
Liabilities under capital leases	9,100	1,036
Non-current deferred tax liability	10,531	9,042
Pension, other post-retirement and post-employment obligations	39,980	41,037
Other long-term liabilities	4,620	11,123
Intercompany loans	38,655	61,742
Total stockholders’ (deficit) equity	239,499	207,700
Total liabilities and stockholders’ deficit	$ 417,151	$ 410,294

Supplemental Guarantor Financ52

Supplemental Guarantor Financial Information - Consolidating Statement of Operations and Comprehensive (Loss) Income (Unaudited) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Condensed Income Statements, Captions [Line Items]
Net Sales	$ 119,191	$ 117,739	$ 358,129	$ 361,896
Costs and expenses:
Cost of products sold	75,385	71,252	222,595	217,413
Selling	15,816	15,889	47,272	48,645
General and administrative	12,644	14,370	37,577	40,261
Research and development	1,786	1,841	5,271	5,695
Restructuring	2,493	5,001	8,103	12,734
Costs and expenses	108,124	108,353	320,818	324,748
(Loss) income from operations	11,067	9,386	37,311	37,148
Interest (expense) income, net	(12,216)	(9,775)	(33,215)	(28,144)
Foreign exchange (loss) gain	(429)	2,059	(476)	2,150
Equity in subsidiaries income	0	0	0	0
Loss on extinguishment of debt	(11,736)	0	(11,736)	0
Dividend income	0	0	0	0
(Loss) income before provision for income taxes	(13,314)	1,670	(8,116)	11,154
Provision for income taxes	(25)	(755)	(4,557)	(9,209)
Net (loss) income	(13,339)	915	(12,673)	1,945
Comprehensive (loss) income	(10,988)	(11,012)	2,894	(33,706)
Other Eliminations
Condensed Income Statements, Captions [Line Items]
Net Sales	(6,671)	(4,329)	(21,387)	(16,478)
Costs and expenses:
Cost of products sold	(6,502)	(4,382)	(21,247)	(16,329)
Selling	0	0	0	0
General and administrative	0	0	0	0
Research and development	0	0	0	0
Restructuring	0	0	0	0
Costs and expenses	(6,502)	(4,382)	(21,247)	(16,329)
(Loss) income from operations	(169)	53	(140)	(149)
Interest (expense) income, net	0	0	0	0
Foreign exchange (loss) gain	0	0	0	0
Equity in subsidiaries income	(17,049)	(19,875)	(56,630)	(59,852)
Loss on extinguishment of debt	0		0
Dividend income	(3,700)	(4,769)	(9,245)	(10,856)
(Loss) income before provision for income taxes	(20,918)	(24,591)	(66,015)	(70,857)
Provision for income taxes	0	0	0	0
Net (loss) income	(20,918)	(24,591)	(66,015)	(70,857)
Comprehensive (loss) income	(20,918)	(24,591)	(66,015)	(70,857)
Parent
Condensed Income Statements, Captions [Line Items]
Net Sales	0	0	0	0
Costs and expenses:
Cost of products sold	0	38	0	(291)
Selling	175	248	677	787
General and administrative	2,009	4,403	8,178	9,285
Research and development	273	259	835	732
Restructuring	53	47	695	8,313
Costs and expenses	2,510	4,995	10,385	18,826
(Loss) income from operations	(2,510)	(4,995)	(10,385)	(18,826)
Interest (expense) income, net	(11,439)	(9,613)	(31,164)	(28,303)
Foreign exchange (loss) gain	63	404	(53)	246
Equity in subsidiaries income	8,634	10,415	31,657	38,843
Loss on extinguishment of debt	(11,736)		(11,736)
Dividend income	3,700	4,769	9,245	10,856
(Loss) income before provision for income taxes	(13,288)	980	(12,436)	2,816
Provision for income taxes	(51)	(65)	(237)	(871)
Net (loss) income	(13,339)	915	(12,673)	1,945
Comprehensive (loss) income	(12,773)	1,084	(10,174)	3,439
Total Guarantors
Condensed Income Statements, Captions [Line Items]
Net Sales	43,711	41,978	130,379	126,416
Costs and expenses:
Cost of products sold	29,367	28,157	88,401	85,079
Selling	4,925	4,940	15,067	14,790
General and administrative	2,167	1,658	4,137	4,539
Research and development	1,043	1,118	3,062	3,508
Restructuring	430	307	2,098	622
Costs and expenses	37,932	36,180	112,765	108,538
(Loss) income from operations	5,779	5,798	17,614	17,878
Interest (expense) income, net	(47)	877	790	3,009
Foreign exchange (loss) gain	(110)	(26)	(145)	(261)
Equity in subsidiaries income	8,415	9,460	24,973	21,009
Loss on extinguishment of debt	0		0
Dividend income	0	0	0	0
(Loss) income before provision for income taxes	14,037	16,109	43,232	41,635
Provision for income taxes	(288)	(19)	(550)	(89)
Net (loss) income	13,749	16,090	42,682	41,546
Comprehensive (loss) income	13,736	16,391	45,230	42,462
Total Non Guarantors
Condensed Income Statements, Captions [Line Items]
Net Sales	82,151	80,090	249,137	251,958
Costs and expenses:
Cost of products sold	52,520	47,439	155,441	148,954
Selling	10,716	10,701	31,528	33,068
General and administrative	8,468	8,309	25,262	26,437
Research and development	470	464	1,374	1,455
Restructuring	2,010	4,647	5,310	3,799
Costs and expenses	74,184	71,560	218,915	213,713
(Loss) income from operations	7,967	8,530	30,222	38,245
Interest (expense) income, net	(730)	(1,039)	(2,841)	(2,850)
Foreign exchange (loss) gain	(382)	1,681	(278)	2,165
Equity in subsidiaries income	0	0	0	0
Loss on extinguishment of debt	0		0
Dividend income	0	0	0	0
(Loss) income before provision for income taxes	6,855	9,172	27,103	37,560
Provision for income taxes	314	(671)	(3,770)	(8,249)
Net (loss) income	7,169	8,501	23,333	29,311
Comprehensive (loss) income	$ 8,967	$ (3,896)	$ 33,853	$ (8,750)

Supplemental Guarantor Financ53

Supplemental Guarantor Financial Information - Consolidating Statement of Cash Flows (Unaudited) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Operating activities
Net (loss) income	$ (13,339)	$ 915	$ (12,673)	$ 1,945
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Stock-based compensation			2,123	2,690
Depreciation			24,206	21,397
Amortization of intangible assets			573	228
Deferred financing cost amortization			2,234	2,641
Foreign exchange gain on revaluation of debt			43	(2,115)
Deferred taxes			(3,066)	(1,571)
Asset impairment			0	1,178
Loss on disposition of property and equipment			50	(85)
Loss on extinguishment of debt	(11,736)	0	(11,736)	0
(Benefit) provision for doubtful accounts			(74)	857
Undistributed equity in earnings of subsidiaries			0	0
Change in assets and liabilities which provided (used) cash:
Accounts receivable			1,303	(2,789)
Inventories			5,400	3,640
Prepaid expenses			(613)	(717)
Other current assets			(1,573)	(2,025)
Accounts payable and accrued expenses			(9,197)	7,257
Deferred and other long-term liabilities			1,495	(5,551)
Intercompany loans			0	0
Net cash provided by operating activities			21,967	26,980
Investing activities
Capital expenditures			(9,614)	(40,376)
Intercompany property and equipment transfers, net			0	0
Proceeds from disposals of property and equipment			94	104
Acquisition costs			(16,225)	0
Net cash used in investing activities			(25,745)	(40,272)
Financing activities
Net increase in notes payable			1,121	6,759
Proceeds from borrowings			541,500	57,428
Principal payments on debt			(510,836)	(45,573)
Dividends paid			0	0
Payment of obligations under capital leases			(2,994)	(887)
Payment of financing fees			(22,807)	(18)
Intercompany loans			0	0
Other financing activities				0
Employee taxes paid on equity awards			(1,791)	(2,124)
Net cash provided by financing activities			4,193	15,585
Effect of exchange rate changes on cash flows			(1,874)	(1,106)
Net increase (decrease) in cash			(1,459)	1,187
Cash and cash equivalents at beginning of period			9,839	9,517
Cash and cash equivalents at end of period	8,380	10,704	8,380	10,704
Other Eliminations
Operating activities
Net (loss) income	(20,918)	(24,591)	(66,015)	(70,857)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Stock-based compensation			0	0
Depreciation			0	0
Amortization of intangible assets			0	0
Deferred financing cost amortization			0	0
Foreign exchange gain on revaluation of debt			0	0
Deferred taxes			0	0
Asset impairment				0
Loss on disposition of property and equipment			0	0
Loss on extinguishment of debt	0		0
(Benefit) provision for doubtful accounts			0	0
Undistributed equity in earnings of subsidiaries			56,630	59,852
Change in assets and liabilities which provided (used) cash:
Accounts receivable			0	0
Inventories			140	149
Prepaid expenses			0	0
Other current assets			0	0
Accounts payable and accrued expenses			0	0
Deferred and other long-term liabilities			0	0
Intercompany loans			0	0
Net cash provided by operating activities			(9,245)	(10,856)
Investing activities
Capital expenditures			0	0
Intercompany property and equipment transfers, net			0	0
Proceeds from disposals of property and equipment			0	0
Acquisition costs			0
Net cash used in investing activities			0	0
Financing activities
Net increase in notes payable				0
Proceeds from borrowings				0
Principal payments on debt			0	0
Dividends paid			9,245	10,856
Payment of obligations under capital leases			0	0
Payment of financing fees			0	0
Intercompany loans			0	0
Other financing activities
Employee taxes paid on equity awards			0	0
Net cash provided by financing activities			9,245	10,856
Effect of exchange rate changes on cash flows			0	0
Net increase (decrease) in cash			0	0
Cash and cash equivalents at beginning of period			0	0
Cash and cash equivalents at end of period	0	0	0	0
Parent
Operating activities
Net (loss) income	(13,339)	915	(12,673)	1,945
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Stock-based compensation			2,123	2,506
Depreciation			1,683	1,110
Amortization of intangible assets			0	0
Deferred financing cost amortization			2,162	2,570
Foreign exchange gain on revaluation of debt			43	(2,115)
Deferred taxes			142	661
Asset impairment				0
Loss on disposition of property and equipment			0	4
Loss on extinguishment of debt	(11,736)		(11,736)
(Benefit) provision for doubtful accounts			0	0
Undistributed equity in earnings of subsidiaries			(31,657)	(38,843)
Change in assets and liabilities which provided (used) cash:
Accounts receivable			(39)	(70)
Inventories			0	0
Prepaid expenses			(76)	(700)
Other current assets			0	0
Accounts payable and accrued expenses			1,933	4,422
Deferred and other long-term liabilities			(34)	(238)
Intercompany loans			289,717	(12,996)
Net cash provided by operating activities			265,060	(41,744)
Investing activities
Capital expenditures			(664)	(6,276)
Intercompany property and equipment transfers, net			(2)	8,612
Proceeds from disposals of property and equipment			0	3
Acquisition costs
Net cash used in investing activities			(666)	2,339
Financing activities
Net increase in notes payable			0	0
Proceeds from borrowings			535,407	37,408
Principal payments on debt			(503,806)	(34,371)
Dividends paid			0	0
Payment of obligations under capital leases			(946)	(486)
Payment of financing fees			(22,861)	(63)
Intercompany loans			(272,267)	36,646
Other financing activities				5,500
Employee taxes paid on equity awards			(1,791)	(2,124)
Net cash provided by financing activities			(266,264)	42,510
Effect of exchange rate changes on cash flows			0	0
Net increase (decrease) in cash			(1,870)	3,105
Cash and cash equivalents at beginning of period			3,105	605
Cash and cash equivalents at end of period	1,235	3,710	1,235	3,710
Total Guarantors
Operating activities
Net (loss) income	13,749	16,090	42,682	41,546
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Stock-based compensation			0	0
Depreciation			6,189	5,292
Amortization of intangible assets			501	206
Deferred financing cost amortization			0	0
Foreign exchange gain on revaluation of debt			0	0
Deferred taxes			0	0
Asset impairment				149
Loss on disposition of property and equipment			30	27
Loss on extinguishment of debt	0		0
(Benefit) provision for doubtful accounts			(70)	276
Undistributed equity in earnings of subsidiaries			(24,973)	(21,009)
Change in assets and liabilities which provided (used) cash:
Accounts receivable			1,856	(409)
Inventories			2,372	1,074
Prepaid expenses			(77)	(94)
Other current assets			475	(252)
Accounts payable and accrued expenses			(4,537)	1,774
Deferred and other long-term liabilities			908	1,023
Intercompany loans			(294,054)	(7,108)
Net cash provided by operating activities			(268,698)	22,495
Investing activities
Capital expenditures			(2,332)	(7,862)
Intercompany property and equipment transfers, net			40	(220)
Proceeds from disposals of property and equipment			5	26
Acquisition costs			(16,225)
Net cash used in investing activities			(18,512)	(8,056)
Financing activities
Net increase in notes payable			0	0
Proceeds from borrowings			0	0
Principal payments on debt			0	0
Dividends paid			(9,245)	(9,950)
Payment of obligations under capital leases			(1,743)	(401)
Payment of financing fees			0	0
Intercompany loans			298,235	(4,078)
Other financing activities				0
Employee taxes paid on equity awards			0	0
Net cash provided by financing activities			287,247	(14,429)
Effect of exchange rate changes on cash flows			0	0
Net increase (decrease) in cash			37	10
Cash and cash equivalents at beginning of period			(2)	(14)
Cash and cash equivalents at end of period	35	(4)	35	(4)
Total Non Guarantors
Operating activities
Net (loss) income	7,169	8,501	23,333	29,311
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Stock-based compensation			0	184
Depreciation			16,334	14,995
Amortization of intangible assets			72	22
Deferred financing cost amortization			72	71
Foreign exchange gain on revaluation of debt			0	0
Deferred taxes			(3,208)	(2,232)
Asset impairment				1,029
Loss on disposition of property and equipment			20	(116)
Loss on extinguishment of debt	0		0
(Benefit) provision for doubtful accounts			(4)	581
Undistributed equity in earnings of subsidiaries			0	0
Change in assets and liabilities which provided (used) cash:
Accounts receivable			(514)	(2,310)
Inventories			2,888	2,417
Prepaid expenses			(460)	77
Other current assets			(2,048)	(1,773)
Accounts payable and accrued expenses			(6,593)	1,061
Deferred and other long-term liabilities			621	(6,336)
Intercompany loans			4,337	20,104
Net cash provided by operating activities			34,850	57,085
Investing activities
Capital expenditures			(6,618)	(26,238)
Intercompany property and equipment transfers, net			(38)	(8,392)
Proceeds from disposals of property and equipment			89	75
Acquisition costs
Net cash used in investing activities			(6,567)	(34,555)
Financing activities
Net increase in notes payable			1,121	6,759
Proceeds from borrowings			6,093	20,020
Principal payments on debt			(7,030)	(11,202)
Dividends paid			0	(906)
Payment of obligations under capital leases			(305)	0
Payment of financing fees			54	45
Intercompany loans			(25,968)	(32,568)
Other financing activities				(5,500)
Employee taxes paid on equity awards			0	0
Net cash provided by financing activities			(26,035)	(23,352)
Effect of exchange rate changes on cash flows			(1,874)	(1,106)
Net increase (decrease) in cash			374	(1,928)
Cash and cash equivalents at beginning of period			6,736	8,926
Cash and cash equivalents at end of period	$ 7,110	$ 6,998	$ 7,110	$ 6,998