FreightCar America (RAIL) 10-Q 1 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 27, 2016
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,016
Document Period End Date	Sep. 30, 2016
Current Fiscal Year End Date	--12-31
Entity Central Index Key	1,320,854
Entity Registrant Name	FREIGHTCAR AMERICA, INC.
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		12,384,730

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 24,786	$ 83,068
Restricted cash and restricted certificates of deposit	5,970	6,896
Marketable securities	14,997	26,951
Accounts receivable, net of allowance for doubtful accounts of $6 and $82, respectively	30,292	39,708
Inventories, net	144,658	115,354
Other current assets	22,365	8,704
Total current assets	243,068	280,681
Property, plant and equipment, net	48,065	42,596
Railcars available for lease, net	24,193	24,729
Goodwill	21,521	21,521
Deferred income taxes, net	17,205	34,722
Other long-term assets	1,713	2,655
Total assets	355,765	406,904
Liabilities and Stockholders' Equity
Accounts and contractual payables	32,978	34,304
Accrued payroll and employee benefits	2,693	8,303
Accrued postretirement benefits	405	405
Reserve for workers' compensation	4,460	4,165
Accrued warranty	8,313	9,239
Customer deposits and deferred revenue	14,595	8,615
Income taxes payable	0	4,180
Other current liabilities	3,225	3,346
Total current liabilities	66,669	72,557
Accrued pension costs	7,560	6,673
Accrued postretirement benefits, less current portion	6,246	72,497
Deferred income state and local incentives, long-term	10,594	12,190
Accrued taxes and other long-term liabilities	7,775	7,876
Total liabilities	98,844	171,793
Stockholders' equity
Preferred stock, $0.01 par value, 2,500,000 shares authorized (100,000 shares each designated as Series A voting and Series B non-voting, 0 shares issued and outstanding at September 30, 2016 and December 31, 2015)	0	0
Common stock, $0.01 par value, 50,000,000 shares authorized, 12,731,678 shares issued at September 30, 2016 and December 31, 2015	127	127
Additional paid in capital	91,687	93,939
Treasury stock, at cost, 347,216 and 402,166 shares at September 30, 2016 and December 31, 2015, respectively	(14,524)	(17,516)
Accumulated other comprehensive loss	(8,918)	(21,078)
Retained earnings	188,549	179,639
Total stockholders' equity	256,921	235,111
Total liabilities and stockholders' equity	$ 355,765	$ 406,904

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Allowance for doubtful accounts	$ 6	$ 82
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	2,500,000	2,500,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	12,731,678	12,731,678
Treasury stock, shares at cost	347,216	402,166
Series A Preferred Stock [Member]
Preferred stock, shares authorized	100,000	100,000
Series B Preferred Stock [Member]
Preferred stock, shares authorized	0	0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Consolidated Statements of Operations [Abstract]
Revenues	$ 113,461	$ 241,114	$ 388,208	$ 569,555
Cost of sales	103,972	212,064	354,755	514,146
Gross profit	9,489	29,050	33,453	55,409
Selling, general and administrative expenses	8,010	10,706	27,286	30,473
Gain on sale of railcars available for lease	0	0	0	(1,187)
Gain on sale of railcar repair and maintenance services business and facility	0	(4,578)	0	(4,578)
Gain on settlement of postretirement benefit obligation, net of plaintiffs' attorneys' fees	0	0	(14,306)	0
Restructuring and impairment charges	1,531	0	1,531	0
Operating (loss) income	(52)	22,922	18,942	30,701
Interest expense and deferred financing costs	(29)	(56)	(115)	(184)
Other income	13	8	95	91
(Loss) income before income taxes	(68)	22,874	18,922	30,608
Income tax (benefit) provision	(119)	8,047	6,672	10,457
Net income	$ 51	$ 14,827	$ 12,250	$ 20,151
Net income per common share - basic	$ 0	$ 1.20	$ 0.99	$ 1.65
Net income per common share - diluted	$ 0	$ 1.20	$ 0.99	$ 1.64
Weighted average common shares outstanding - basic	12,267,468	12,241,211	12,260,329	12,153,313
Weighted average common shares outstanding - diluted	12,267,468	12,241,426	12,260,329	12,207,432
Dividends declared per common share	$ 0.09	$ 0.09	$ 0.27	$ 0.27

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Consolidated Statements of Comprehensive Income (Loss) [Abstract]
Net income	$ 51	$ 14,827	$ 12,250	$ 20,151
Other comprehensive income:
Pension liability adjustments, net of tax	(697)	71	(535)	205
Postretirement liability adjustments, net of tax	(236)	112	12,695	326
Other comprehensive income	(933)	183	12,160	531
Comprehensive (loss) income	$ (882)	$ 15,010	$ 24,410	$ 20,682

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid in Capital [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2014	$ 127	$ 100,303	$ (29,971)	$ (24,017)	$ 152,253	$ 198,695
Balance (Shares) at Dec. 31, 2014	12,731,678		(665,869)
Net income					20,151	20,151
Other comprehensive income				531		531
Stock options exercised		(5,728)	$ 10,613			4,885
Stock options exercised, shares			238,475
Restricted stock awards		(2,880)	$ 2,880
Restricted stock awards, shares			64,317
Forfeiture of restricted stock awards		94	$ (94)
Forfeiture of restricted stock awards, shares			(4,635)
Employee stock settlement			$ (1,051)			(1,051)
Employee stock settlement, shares			(35,952)
Stock-based compensation recognized		1,686				1,686
Excess tax benefit from stock-based compensation		13				13
Cash dividends					(3,310)	(3,310)
Balance at Sep. 30, 2015	$ 127	93,488	$ (17,623)	(23,486)	169,094	221,600
Balance (Shares) at Sep. 30, 2015	12,731,678		(403,664)
Balance at Dec. 31, 2015	$ 127	93,939	$ (17,516)	(21,078)	179,639	235,111
Balance (Shares) at Dec. 31, 2015	12,731,678		(402,166)
Net income					12,250	12,250
Other comprehensive income				12,160		12,160
Restricted stock awards		(3,418)	$ 3,418
Restricted stock awards, shares			79,796
Forfeiture of restricted stock awards		351	$ (351)
Forfeiture of restricted stock awards, shares			(20,755)
Employee stock settlement			$ (75)			(75)
Employee stock settlement, shares			(4,091)
Stock-based compensation recognized		815				815
Cash dividends					(3,340)	(3,340)
Balance at Sep. 30, 2016	$ 127	$ 91,687	$ (14,524)	$ (8,918)	$ 188,549	$ 256,921
Balance (Shares) at Sep. 30, 2016	12,731,678		(347,216)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities
Net income	$ 12,250	$ 20,151
Adjustments to reconcile net income to net cash flows used in operating activities
Depreciation and amortization	7,402	7,551
Recognition of deferred income from state and local incentives	(1,596)	(883)
Gain on sale of railcars available for lease	0	(1,187)
Gain on sale of railcar repair and maintenance services business and facility	0	(4,578)
Gain on settlement of postretirement benefit plan obligation	(15,606)	0
Deferred income taxes	17,207	296
Stock-based compensation recognized	815	1,686
Other non-cash items, net	984	1,555
Changes in operating assets and liabilities:
Accounts receivable	9,416	(27,514)
Inventories	(29,022)	(63,488)
Other assets	(8,174)	(1,191)
Accounts and contractual payables	(1,488)	25,180
Accrued payroll and employee benefits	(5,610)	295
Income taxes receivable/payable	(8,610)	8,050
Accrued warranty	(926)	563
Customer deposits and other liabilities	5,913	(29,471)
Payment for settlement of postretirement benefit plan obligation	(31,616)	0
Accrued pension costs and accrued postretirement benefits	(5,982)	1,972
Net cash flows used in operating activities	(54,643)	(61,013)
Cash flows from investing activities
Purchase of restricted certificates of deposit	(2,089)	(2,165)
Maturity of restricted certificates of deposit	3,015	1,284
Purchase of securities held to maturity	0	(17,997)
Proceeds from maturity of securities	12,001	36,004
Proceeds from sale of railcars available for lease	0	7,654
Proceeds from sale of railcar repair and maintenance services business and facility	0	17,589
Purchase of property, plant and equipment	(13,070)	(16,161)
State and local incentives received	0	15,733
Net cash flows (used in) provided by investing activities	(143)	41,941
Cash flows from financing activities
Stock option exercise	0	4,885
Employee stock settlement	(75)	(1,051)
Deferred financing costs	(81)	0
Excess tax benefit from stock-based compensation	0	13
Cash dividends paid to stockholders	(3,340)	(3,310)
Net cash flows (used in) provided by financing activities	(3,496)	537
Net decrease in cash and cash equivalents	(58,282)	(18,535)
Cash and cash equivalents at beginning of period	83,068	113,532
Cash and cash equivalents at end of period	24,786	94,997
Supplemental cash flow information:
Interest paid	32	101
Income taxes paid	4,668	3,061
Income tax refunds received	$ 0	$ 646

Description of the Business

Description of the Business	9 Months Ended
	Sep. 30, 2016
Description of the Business [Abstract]
Description of the Business	Note 1 – Description of the Business  FreightCar America, Inc. (“FreightCar”) operates primarily in North America through its direct and indirect subsidiaries, JAC Operations, Inc., Johnstown America, LLC, Freight Car Services, Inc., JAIX Leasing Company (“JAIX”), FreightCar Roanoke, LLC, FreightCar Alabama, LLC and FreightCar (Shanghai) Trading Co., Ltd. (herein collectively referred to as the “Company”), and manufactures a wide range of railroad freight cars, supplies railcar parts and leases freight cars. The Company designs and builds high-quality railcars, including coal cars, bulk commodity cars, covered hopper cars, intermodal and non-intermodal flat cars, mill gondola cars, coil steel cars and boxcars. The Company is headquartered in Chicago, Illinois and has facilities in the following locations: Cherokee, Alabama; Danville, Illinois; Grand Island, Nebraska; Johnstown, Pennsylvania; Roanoke, Virginia; and Shanghai, People’s Republic of China.  The Company and its direct and indirect subsidiaries are all Delaware corporations or Delaware limited liability companies except FreightCar (Shanghai) Trading Co., Ltd., which is organized in the People’s Republic of China. The Company’s direct and indirect subsidiaries are all wholly owned.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2016
Basis of Presentation [Abstract]
Basis of Presentation	Note 2 – Basis of Presentation  The accompanying condensed consolidated financial statements include the accounts of FreightCar America, Inc. and subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The foregoing financial information has been prepared in accordance with the accounting principles generally accepted in the United States of America (“GAAP”) and rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”) for interim financial reporting. The preparation of the financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from these estimates. The results of operations for the three and nine months ended September 30, 2016 are not necessarily indicative of the results to be expected for the full year. The accompanying interim financial information is unaudited; however, the Company believes the financial information reflects all adjustments (consisting of items of a normal recurring nature) necessary for a fair presentation of financial position, results of operations and cash flows in conformity with GAAP. The 2015 year-end balance sheet data was derived from the audited financial statements as of December 31, 2015. Certain information and note disclosures normally included in the Company’s annual financial statements prepared in accordance with GAAP have been condensed or omitted. These interim financial statements should be read in conjunction with the audited financial statements contained in the Company’s annual report on Form 10-K for the year ended December 31, 2015.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2016
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 3 – Recent Accounting Pronouncements  In March 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2016-09, Compensation – Stock Compensation (Topic 718) Improvements to Employee Share-Based Payment Accounting, to simplify the accounting for stock compensation. The ASU focuses on income tax accounting, award classification, estimating forfeitures and cash flow presentation. This standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016, with early adoption permitted. The Company is currently evaluating the impact that this guidance will have on its consolidated financial statements and related disclosures.  In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), which requires a lessee to record a right-of-use asset and a lease liability for all leases with a term greater than twelve months regardless of whether the lease is classified as an operating lease or a financing lease. Leases with a term of twelve months or less will be accounted for in a similar manner to existing guidance for operating leases. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. 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. The Company is currently assessing the impact of this standard on the Company’s financial position, results of operations and cash flows. In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330), which requires entities to measure most inventory at the lower of cost and net realizable value, thereby simplifying the current guidance under which an entity must measure inventory at the lower of cost or market. Under ASU 2015-11, inventory is measured at the lower of cost and net realizable value, which eliminates the need to determine replacement cost and evaluate whether it is above the ceiling (net realizable value) or below the floor (net realizable value less normal profit margin). ASU 2015-11 defines net realizable value as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This standard is effective prospectively for annual reporting periods beginning after December 15, 2016 , early adoption is permitted. The Company is currently evaluating the impact that this guidance will have on its consolidated financial statements and related disclosures. In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs, which changes the presentation of debt issuance costs in financial statements. ASU 2015-03 requires an entity to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the debt issuance costs will continue to be reported as interest expense. This sta ndard was effective for the Company as of January 1, 2016. Since the Company does not have any debt outstanding the adoption of these changes did not have any impact on the consolidated financial position, results of operations or cash flows of the Company. In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810) Amendments to the Consolidation Analysis, which changes the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. All legal entities are subject to reevaluation under the revised consolidation model. The new guidance affects the following areas: (1) limited partnerships and similar legal entities; (2) evaluating fees paid to a decision maker or a service provider as a variable interest; (3) the effect of fee arrangements on the primary beneficiary determination; (4) the effect of related parties on the primary beneficiary determination; and (5) certain investment funds. This standard is effective for fiscal years beginning after December 15, 2015 and interim periods within those fiscal years. The adoption of these changes did not have a material impact on the consolidated financial position, results of operations or cash flows of the Company. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers , which was further clarified in March 2016. The ASU outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most prior revenue recognition guidance, including industry-specific guidance. The ASU is based on the principle that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to fulfill a contract. Entities have the option of using either a full retrospective or a modified retrospective approach for the adoption of the new standard. The ASU is effective for annual reporting periods beginning after December 15, 2017 and early adoption for annual reporting periods beginning after December 15, 2016 is permitted. The Company is currently assessing the impact of this standard on the Company’s financial position, results of operations and cash flows.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2016
Segment Information [Abstract]
Segment Information	Note 4 – Segment Information     On September 30, 2015, the Company sold its railcar repair and maintenance services business. Through September 30, 2015, the Company’s operations comprised two reportable segments, Manufacturing and Services. As of October 1, 2015, the Company’s operations comprise two operating segments, Manufacturing and Parts, and one reportable segment, Manufacturing. The Company’s Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing and major railcar rebuilds. The Company’s Parts operating segment is not expected to be of continuing significance for separate reporting and has been combined with corporate and other non-operating activities as Corporate and Other. Prior period segment information has been recast to include general railcar repair and maintenance and inspections and parts sales in Corporate and Other.  Segment operating income is an internal performance measure used by the Company’s Chief Operating Decision Maker to assess the performance of each segment in a given period. Segment operating income includes all external revenues attributable to the segments as well as operating costs and income that management believes are directly attributable to the current production of goods and services. The Company’s management reporting package does not include interest revenue, interest expense or income taxes allocated to individual segments and these items are not considered as a component of segment operating income. Segment assets represent operating assets and exclude intersegment accounts, deferred tax assets and income tax receivables. The Company does not allocate cash and cash equivalents to its operating segments as the Company’s treasury function is managed at the corporate level. Intersegment revenues were not material in any period presented.      Three Months Ended Nine Months Ended  September 30, September 30,  2016 2015 2016 2015  Revenues:  Manufacturing $ 111,963 $ 233,294 $ 382,258 $ 545,407  Corporate and Other 1,498 7,820 5,950 24,148  Consolidated revenues $ 113,461 $ 241,114 $ 388,208 $ 569,555   Operating (loss) income:  Manufacturing $ 6,967 $ 25,817 $ 25,179 $ 44,910  Corporate and Other (1) (7,019) (2,895) (6,237) (14,209)  Consolidated operating (loss) income (52) 22,922 18,942 30,701  Consolidated interest expense and deferred financing costs (29) (56) (115) (184)  Consolidated other income 13 8 95 91  Consolidated (loss) income before income taxes $ (68) $ 22,874 $ 18,922 $ 30,608   Depreciation and amortization:  Manufacturing $ 2,024 $ 1,807 $ 6,163 $ 5,185  Corporate and Other 261 796 1,239 2,366  Consolidated depreciation and amortization $ 2,285 $ 2,603 $ 7,402 $ 7,551   Capital expenditures:  Manufacturing $ 3,952 $ 5,176 $ 12,623 $ 14,640  Corporate and Other 337 822 447 1,521  Consolidated capital expenditures $ 4,289 $ 5,998 $ 13,070 $ 16,161      September 30, December 31,  2016 2015  Assets:  Manufacturing $ 274,616 $ 238,841  Corporate and Other 59,064 133,341  Total operating assets 333,680 372,182  Consolidated income taxes receivable 4,880 -  Consolidated deferred income taxes, long-term 17,205 34,722  Consolidated assets $ 355,765 $ 406,904   (1) Results for the nine months ended September 30, 2016 included a $14,306 gain on the settlement of a postretirement benefit plan obligation, net of plaintiffs’ attorneys’ fees (see Note 1 4 ).

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2016
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 5 – Fair Value Measurements  The following table sets forth by level within the fair value hierarchy the Company’s financial assets that were recorded at fair value on a recurring basis.      Recurring Fair Value Measurements As of September 30, 2016  Level 1 Level 2 Level 3 Total  ASSETS:  Cash equivalents $ 146 $ - $ - $ 146  Restricted certificates of deposit $ 5,970 $ - $ - $ 5,970  Escrow receivable $ - $ - $ 1,910 $ 1,910      Recurring Fair Value Measurements As of December 31, 2015  Level 1 Level 2 Level 3 Total  ASSETS:  Cash equivalents $ 33,150 $ - $ - $ 33,150  Restricted certificates of deposit $ 6,896 $ - $ - $ 6,896  Escrow receivable $ - $ - $ 1,910 $ 1,910  T he carrying values of property, plant and equipment at the Company’s Johnstown administrative facility was reduced to its estimated fair market value during the third quarter of 201 6 resulting in a non-cash impairment charge of $1,255 . Fair market value w as estimated using the market approach using market data such as recent sales of comparable assets in active markets and estimated salvage values. No non-financial assets were recorded at fair value on a non-recurring basis as of December 31, 201 5 .

Marketable Securities

Marketable Securities	9 Months Ended
	Sep. 30, 2016
Marketable Securities [Abstract]
Marketable Securities	Note 6 – Marketable Securities  The Company’s current investment policy is to invest in cash, certificates of deposit, U.S. treasury securities, U.S. government agency obligations and money market funds invested in U.S. government securities. Marketable securities as of September 30, 2016 and December 31, 2015 of $14,997 and $26,951 , respectively, consisted of U.S. treasury securities held to maturity and certificates of deposit with original maturities of greater than 90 days and up to one year . Due to the short-term nature of these securities and their low interest rates, there is no material difference between their fair market values and amortized costs.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2016
Inventories [Abstract]
Inventories	Note 7 – Inventories  Inventories, net of reserve for excess and slow-moving items, consist of the following:       September 30, December 31,  2016 2015   Work in process $ 129,993 $ 108,099  Finished new railcars 11,317 2,538  Parts inventory 3,348 4,717  Total inventories, net $ 144,658 $ 115,354  Inventory on the Company’s condensed consolidated balance sheets includes reserves of $3,511 and $3,793 relating to excess or slow-moving inventory for parts and work in process at September 30, 2016 and December 31, 2015, respectively.

Leased Railcars

Leased Railcars	9 Months Ended
	Sep. 30, 2016
Leased Railcars [Abstract]
Leased Railcars	Note 8 – Leased Railcars  Railcars available for lease, net at September 30, 2016 was $24,193 (cost of $27,954 and accumulated depreciation of $3,761 ) and at December 31, 2015 was $24,729 (cost of $27,954 and accumulated depreciation of $3,225 ). The Company’s lease utilization rate for railcars in its lease fleet was 73% as of each of September 30, 2016 and December 31, 2015.  Leased railcars at September 30, 2016 are subject to lease agreements with external customers with terms of up to six years and are accounted for as operating leases.  Future minimum rental revenues on leased railcars at September 30, 2016 are as follows:      Three months ending December 31, 2016 $ 427  Year ending December 31, 2017 1,706  Year ending December 31, 2018 1,118  Year ending December 31, 2019 1,001  Year ending December 31, 2020 1,001  Thereafter 276  $ 5,529 

Goodwill

Goodwill	9 Months Ended
	Sep. 30, 2016
Goodwill [Abstract]
Goodwill	Note 9 – Goodwill  The Company assesses the carrying value of goodwill for impairment annually or more frequently whenever events occur and circumstances change indicating potential impairment. On August 1, 2016, the Company performed its annual assessment of its Manufacturing reporting unit, the only reporting unit carrying goodwill, and concluded that the estimated fair value of the Manufacturing reporting unit exceeded the carrying value as of the testing date. Management determined the fair value of the Manufacturing reporting unit using a combination of the income approach, utilizing the discounted cash flow method, and the market approach, utilizing the guideline company method.  Fair value calculations contain significant judgments and estimates with respect to a variety of factors that will significantly impact the future performance of the business, including: future railcar volume projections based on an industry-specific outlook for railcar demand; estimated margins on railcar sales; estimated growth rate for selling, general and administrative costs; future effective tax rate for the Company and weighted-average cost of capital (“WACC”). Management estimated a WACC of 14% for the Company’s August 1, 2016 goodwill impairment valuation analysis.    In addition to estimating the fair value of the net assets of the Company’s Manufacturing reporting unit using the discounted cash flow method in the base case scenario, the Company also estimated the fair value of the net assets in its Manufacturing reporting unit using the discounted cash flow method for alternate scenarios. From a sensitivity perspective, the estimated fair value of the net assets in the Company’s Manufacturing reporting unit exceeded the carrying value even if the WACC used in the discounted cash flow method was increased by one hundred basis points. If market conditions further deteriorate or the Manufacturing reporting unit performance is worse than its projections over an extended period of time, the reporting unit could potentially be at risk of an impairment charge. As of September 30, 2016, the total goodwill balance of the Manufacturing reporting unit was $ 21,521 .

State and Local Incentives

State and Local Incentives	9 Months Ended
	Sep. 30, 2016
State and Local Incentives [Abstract]
State and Local Incentives	Note 10 – State and Local Incentives  The Company records state and local incentives when there is reasonable assurance that the incentive will be received and the Company is able to comply with the conditions attached to the incentives received. State incentives related to assets are recorded as deferred income and recognized on a straight-line basis over the useful life of the related assets.  During the year ended December 31, 2015, the Company received cash payments of $15,733 for Alabama state and local incentives related to the Company’s capital investment and employment levels at its Cherokee, Alabama (“Shoals”) facility. Under the incentive agreements, a certain portion of the incentives may be repayable by the Company if targeted levels of employment are not maintained for a period of six years from the grant date of the incentive. The Company’s level of employment at its Shoals facility currently exceeds and is expected to continue to exceed the minimum targeted levels of employment. In the event that any portion of the incentives is required to be repaid by the Company, the amount of such repayment is unlikely to exceed the deferred liability balance at September 30, 2016. The changes in deferred income from these incentives for the three and nine months ended September 30, 2016 and 2015, are as follows:        Three Months Ended Nine Months Ended  September 30, September 30,   2016 2015 2016 2015   Balance at the beginning of the period $ 13,254 $ 4,556 $ 14,318 $ -  State and local incentives received during the period - 10,826 - 15,733  Recognition of state and local incentives as reduction of cost of sales (532) (532) (1,596) (883)  Balance at the end of the period, including current portion $ 12,722 $ 14,850 $ 12,722 $ 14,850 

Revolving Credit Facility

Revolving Credit Facility	9 Months Ended
	Sep. 30, 2016
Revolving Credit Facility [Abstract]
Revolving Credit Facility	Note 11 – Revolving Credit Facility On June 13, 2016, the Company entered into a First Amendment to Credit Agreement (the “First Amendment”) by and among FreightCar and certain of its subsidiaries, as borrowers and guarantors (together, the “Borrowers”), and Bank of America, N.A., as lender, administrative agent, swingline lender and letter of credit issuer (the “Bank”). The First Amendment amended the Credit Agreement, dated as of July 26, 2013 (the “Original Credit Agreement”), by and among the Borrowers and the Bank in order to, among other things: (1) extend the term of the Original Credit Agreement to July 26, 2019 ; and (2) replace the negative covenant requiring a minimum consolidated net liquidity of $35,000 with a negative covenant requiring a maximum consolidated net leverage ratio of 2.50 :1.00 . The Original Credit Agreement, as amended by the First Amendment (the ”Credit Agreement”), contains a $50,000 senior secured revolving credit facility (the “Revolving Credit Facility”) and a sub-facility for letters of credit not to exceed the lesser of $30,000 and the amount of the senior secured revolving credit facility at such time. The Revolving Credit Facility can be used for general corporate purposes, including working capital. Under the Credit Agreement, revolving loans outstanding will bear interest at a rate of LIBOR plus an applicable margin of between 1.25% and 1.75% depending on the Company’s consolidated leverage ratio or at a base rate , as selected by the Company. Base rate loans will bear interest at the highest of (a) the federal funds rate plus 0.50% , (b) the prime rate or (c) LIBOR plus 1.00% . The Company is required to pay a non-utilization fee of between 0.10% and 0.25% on the unused portion of the revolving loan commitment depending on the Company’s quarterly average balance of unrestricted cash and the Company’s consolidated leverage ratio. Borrowings under the Revolving Credit Facility are secured by a first priority perfected security interest in substantially all of the Borrowers’ assets excluding railcars held by the Company’s railcar leasing subsidiary, JAIX. The Borrowers also have pledged all of the equity interests in the Company’s direct and indirect domestic subsidiaries as security for the Revolving Credit Facility. The Credit Agreement has both affirmative and negative covenants, including, without limitation, the maximum consolidated net leverage ratio requirement and limitations on indebtedness, liens and investments. The Credit Agreement also provides for customary events of default.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 12 – Accumulated Other Comprehensive Income (Loss) The changes in accumulated other comprehensive income (loss) consist of the following:      HIDDEN_ROW   Pre-Tax Tax Net of Tax  Three months ended September 30, 2016  Pension liability activity:  Actuarial loss $ (1,200) $ (422) $ (778)  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $135 and selling, general and administrative expenses of $(10) ) $ 125 $ 44 $ 81  Postretirement liability activity:  Actuarial loss (300) (105) (195)  Reclassification adjustment for amortization of net gain (pre-tax cost of sales of $(59) and selling, general and administrative expenses of $(9) ) (68) (24) (44)  Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $4 and selling, general and administrative expenses of $1 ) 5 2 3  $ (1,438) $ (505) $ (933)     Pre-Tax Tax Net of Tax  Three months ended September 30, 2015  Pension liability activity:  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $83 and selling, general and administrative expenses of $27 ) $ 110 $ 39 $ 71  Postretirement liability activity:  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $142 and selling, general and administrative expenses of $20 ) 162 56 106  Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $9 and selling, general and administrative expenses of $1 ) 10 4 6  $ 282 $ 99 $ 183      Nine months ended September 30, 2016 Pre-Tax Tax Net of Tax  Pension liability activity:  Actuarial loss $ (1,200) $ (422) $ (778)  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $405 and selling, general and administrative expenses of $(30) ) $ 375 $ 132 $ 243  Postretirement liability activity:  Actuarial loss (1,989) (699) (1,290)  Settlement gain 37,190 13,076 24,114  Reclassification adjustment for settlement income (pre-tax gain on settlement of postretirement benefit plan obligation) (15,606) (5,487) (10,119)  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $(24) and selling, general and administrative expenses of $(4) ) (28) (10) (18)  Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $11 and selling, general and administrative expenses of $2 ) 13 5 8  $ 18,755 $ 6,595 $ 12,160       Nine months ended September 30, 2015 Pre-Tax Tax Net of Tax  Pension liability activity:  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $250 and selling, general and administrative expenses of $80 ) $ 330 $ 125 $ 205  Postretirement liability activity:  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $426 and selling, general and administrative expenses of $60 ) 486 180 306  Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $27 and selling, general and administrative expenses of $4 ) 31 11 20  $ 847 $ 316 $ 531         The components of accumulated other comprehensive loss consist of the following:        September 30, December 31,  2016 2015   Unrecognized pension cost, net of tax of $6,719 and $6,429 $ (11,019) $ (10,484)  Unrecognized postretirement income (cost), net of tax of $423 and $6,461 2,101 (10,594)  $ (8,918) $ (21,078) 

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2016
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 13 – Stock-Based Compensation  The Company recognizes stock-based compensation expense for stock option awards based on the fair value of the award on the grant date using the Black-Scholes option valuation model. Expected life in years for all stock options awards was determined using the simplified method. The Company believes that it is appropriate to use the simplified method in determining the expected life for options because the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term for stock options. Expected volatility was based on the historical volatility of the Company’s stock. The risk-free interest rate was based on the U.S. Treasury bond rate for the expected life of the option. The expected dividend yield was based on the latest annualized dividend rate and the current market price of the underlying common stock on the date of the grant. The Company recognizes stock-based compensation for restricted stock awards over the vesting period based on the fair market value of the stock on the date of the award, calculated as the average of the high and low trading prices for the Company’s common stock on the award date.  In January 2015 and January 2016, the Company granted performance shares with performance measurement periods of January 1, 2015 through December 31, 2017 and January 1, 2016 through December 31, 2018, respectively. The shares will vest and be earned at the end of each performance measurement period, if at all, based on the Company’s three-year cumulative basic earnings per share, provided that a minimum three-year average return on invested capital goal is also met or exceeded. The earnings per share thresholds and return on invested capital goals were established by the Company’s board of directors on the grant dates. The Company recognizes stock-based compensation cost for performance shares over the vesting period based on the fair market value of the Company’s stock on the award date multiplied by the estimated number of shares to be awarded based on the probable outcome of the performance conditions.  Total stock-based compensation was $142 and $508 for the three months ended September 30, 2016 and 2015, respectively, and $815 and $1,686 for the nine months ended September 30, 2016 and 2015, respectively. As of September 30, 2016, there was $1,379 of unearned compensation expense related to stock options and restricted stock awards, which will be recognized over the remaining requisite service period of 33 months.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2016
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 1 4 – Employee Benefit Plans  The Company has qualified, defined benefit pension plans that were established to provide benefits to certain employees. These plans are frozen and participants are no longer accruing benefits. Generally, contributions to the plans are not less than the minimum amounts required under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) , and not more than the maximum amount that can be deducted for federal income tax purposes. The plans’ assets are held by independent trustees and consist primarily of equity and fixed income securities.  The Company also historically provided certain postretirement health care benefits for certain of its salaried and hourly retired employees. Generally, employees may become eligible for health care benefits if they retire after attaining specified age and service requirements. These benefits are subject to deductibles, co-payment provisions and other limitations.  A substantial portion of the Company’s postretirement benefit plan obligation as of December 31, 2015 related to an expired settlement agreement with the Union representing employees at the Company’s and its predecessors’ Johnstown manufacturing facilities. The terms of that settlement agreement (the “2005 Settlement Agreement”) required the Company to pay until November 30, 2012 certain monthly amounts toward the cost of retiree health care coverage. The Company terminated, effective November 1, 2013, its contributions for medical coverage and life insurance benefits to affected retirees. On August 20, 2015, the Company reached a settlement agreement with the Union and the other plaintiffs in connection with the disputed retiree medical and life insurance benefits. The Company’s recorded postretirement benefit plan obligation through December 31, 2015 assumed for accounting purposes a continuation of those monthly payments after November 30, 2012 because the status of the settlement had not yet met the requirements for settlement accounting. A transaction meets the criteria to be accounted for as a settlement when a transaction is irrevocable, relieves the employer of primary responsibility for the benefit obligation, and eliminates significant risks related to the obligation and the assets used to effect the settlement. Settlement accounting was triggered when the Company made the cash settlement payment of $31,616 (including $166 of interest) on March 25, 2016. The settlement resulted in a pre-tax gain of $14,306 (net of plaintiffs’ attorneys’ fees of $1,300 ) and a reduction in the postretirement benefit obligation of approximately $68,806 . As a result of the announced cost reduction program (see Note 17), certain employees participating in the salaried pension and postretirement benefit plans were impacted which triggered a curtailment of the respective plans. Income statement impact of the curtailment was insignificant.  The components of net periodic benefit cost (benefit) for the three and nine months ended September 30, 2016 and 2015, are as follows:      Three Months Ended Nine Months Ended  September 30, September 30,  Pension Benefits 2016 2015 2016 2015  Interest cost $ 582 $ 580 $ 1,746 $ 1,740  Expected return on plan assets (686) (761) (2,058) (2,283)  Amortization of unrecognized net loss 125 110 375 330  $ 21 $ (71) $ 63 $ (213)     Three Months Ended Nine Months Ended  September 30, September 30,  Postretirement Benefit Plan 2016 2015 2016 2015  Service cost $ 15 $ 17 $ 45 $ 51  Interest cost 65 743 868 2,229  Settlement income - - (15,606) -  Amortization of prior service cost 4 10 12 31  Amortization of unrecognized net (gain) loss (68) 162 (28) 486  $ 16 $ 932 $ (14,709) $ 2,797  The Company made no contributions to the Company’s defined benefit pension plans for each of the three months and nine months ended September 30, 2016 and 2015. The Company expects to make no contributions to its pension plans in 2016.  The Company made contributions to the Company’s salaried postretirement benefit plan of $121 and $ 99 for the three months ended September 30, 2016 and 2015, respectively, and $349 and $294 for the nine months ended September 30, 2016 and 2015, respectively, for salaried retirees. The Company expects to make $405 in contributions (including contributions already made) to its postretirement benefit plan in 2016 for salaried retirees. As a result of the settlement payment described above, the Company has no further postretirement benefit obligation for hourly retirees.  The Company also maintains qualified defined contribution plans, which provide benefits to employees based on employee contributions, employee earnings or certain subsidiary earnings, with discretionary contributions allowed. Expenses related to these plans were $571 and $836 for the three months ended September 30, 2016 and 2015, respectively, and $1,616 and $2,199 for the nine months ended September 30, 2016 and 2015, respectively.

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2016
Contingencies [Abstract]
Contingencies	Note 15 – Contingencies  The Company is involved in various warranty and repair claims and, in certain cases, related pending and threatened legal proceedings with its customers in the normal course of business. In the opinion of management, the Company’s potential losses in excess of the accrued warranty and legal provisions, if any, are not expected to be material to the Company’s consolidated financial condition, results of operations or cash flows.   On April 17, 2015 and September 30, 2015, National Steel Car Limited (“NSC”) filed Complaints for Patent Infringement against the Company in the United States District Court for the Northern District of Illinois (Eastern Division) in Chicago, Illinois. The complaints assert five United States patents against certain aggregate gondola freight cars sold to certain customers. The complaints seek injunctive relief and an unspecified amount of damages. On January 29, 2016, NSC amended the complaints, alleging that 18 offers to sell made by the Company also infringed NSC’s patents. The Company filed its answer to NSC’s amended complaint on February 16, 2016, responding to NSC’s newly raised allegations and adding new affirmative defenses as well as counterclaims for non-infringement and invalidity. The Company also filed Inter Partes Review (“IPR”) petitions in March 2016 with the U.S. Patent and Trademark Office’s Patent Trial and Appeal Board (“PTAB”) for two of the five asserted patents. In June 2015 , the parties began conducting the first phase of fact discovery, which concluded on August 9, 2016. On September 26 and 28, 2016, the PTAB granted IPR petitions and instituted trials on all asserted claims for both patents. Both trials are expected to conclude on or before September 30, 2017. The Company recently filed a motion to stay the district court litigation in order to allow the IPR trials to run their course. The Company believes that the complaints are without merit and intends to vigorously defend against the allegations. While the ultimate outcome of these proceedings cannot be determined at this time, it is the opinion of management that the resolution of these actions will not have a material adverse effect on the Company’s financial position, results of operations or cash flows.  In addition to the foregoing, the Company is involved in certain other pending and threatened legal proceedings, including commercial disputes and workers’ compensation and employee matters arising out of the conduct of its business. While the ultimate outcome of these other legal proceedings cannot be determined at this time, it is the opinion of management that the resolution of these other actions will not have a material adverse effect on the Company’s financial condition, results of operations or cash flows.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Note 16 – Earnings Per Share  Shares used in the computation of the Company’s basic and diluted earnings per common share are reconciled as follows:        Three Months Ended Nine Months Ended  September 30, September 30,  2016 2015 2016 2015  Weighted average common shares outstanding 12,267,468 12,241,211 12,260,329 12,153,313  Dilutive effect of employee stock options and nonvested share awards - 215 - 54,119  Weighted average diluted common shares outstanding 12,267,468 12,241,426 12,260,329 12,207,432   Weighted average diluted common shares outstanding include the incremental shares that would be issued upon the assumed exercise of stock options and the assumed vesting of nonvested share awards. For the three months ended September 30, 2016 and 2015, 529,293 and 637,022 shares, respectively, were not included in the weighted average common shares outstanding calculation as they were anti-dilutive. For the nine months ended September 30, 2016 and 2015, 555,086 and 465,636 shares, respectively, were not included in the weighted average common shares outstanding calculation as they were anti-dilutive.

Restructuring and Impairment

Restructuring and Impairment	9 Months Ended
	Sep. 30, 2016
Restructuring and Impairment [Abstract]
Restructuring and Impairment	Note 17 – Restructuring and Impairment  On August 1, 2016, the Company announced a cost reduction program whereby approximately 15% of the Company’s salaried administrative workforce will be eliminated, its Johnstown administrative facility will be closed and certain discretionary spending will be reduced . The total estimated costs of implementing this program are approximately $3,000 , including approximately $1,400 of employee - related costs and approximately $1,255 of long-lived asset impairments. The Company currently estimates that the full annualized cost savings resulting from this restructuring program will be approximately $5,000 when fully implemented.  During the three months ended September 30, 2016 , the Company recorded restructuring and impairment charges of $1,531, which are reported as a separate line item on the Company’s condensed consolidated statements of operations. These charges consisted of non-cash impairment charges of $1,255 for property, plant and equipment at the Company’s Johnstown administrative facility and employee severance and other employ ment termination costs of $276 .        

Basis of Presentation (Policy)

Basis of Presentation (Policy)	9 Months Ended
	Sep. 30, 2016
Basis of Presentation [Abstract]
Basis of Presentation [Policy Text Block]	The accompanying condensed consolidated financial statements include the accounts of FreightCar America, Inc. and subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The foregoing financial information has been prepared in accordance with the accounting principles generally accepted in the United States of America (“GAAP”) and rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”) for interim financial reporting. The preparation of the financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from these estimates. The results of operations for the three and nine months ended September 30, 2016 are not necessarily indicative of the results to be expected for the full year. The accompanying interim financial information is unaudited; however, the Company believes the financial information reflects all adjustments (consisting of items of a normal recurring nature) necessary for a fair presentation of financial position, results of operations and cash flows in conformity with GAAP. The 2015 year-end balance sheet data was derived from the audited financial statements as of December 31, 2015. Certain information and note disclosures normally included in the Company’s annual financial statements prepared in accordance with GAAP have been condensed or omitted. These interim financial statements should be read in conjunction with the audited financial statements contained in the Company’s annual report on Form 10-K for the year ended December 31, 2015.

Recent Accounting Pronounceme26

Recent Accounting Pronouncements (Policy)	9 Months Ended
	Sep. 30, 2016
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements [Policy Text Block]	In March 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2016-09, Compensation – Stock Compensation (Topic 718) Improvements to Employee Share-Based Payment Accounting, to simplify the accounting for stock compensation. The ASU focuses on income tax accounting, award classification, estimating forfeitures and cash flow presentation. This standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016, with early adoption permitted. The Company is currently evaluating the impact that this guidance will have on its consolidated financial statements and related disclosures.  In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), which requires a lessee to record a right-of-use asset and a lease liability for all leases with a term greater than twelve months regardless of whether the lease is classified as an operating lease or a financing lease. Leases with a term of twelve months or less will be accounted for in a similar manner to existing guidance for operating leases. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. 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. The Company is currently assessing the impact of this standard on the Company’s financial position, results of operations and cash flows. In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330), which requires entities to measure most inventory at the lower of cost and net realizable value, thereby simplifying the current guidance under which an entity must measure inventory at the lower of cost or market. Under ASU 2015-11, inventory is measured at the lower of cost and net realizable value, which eliminates the need to determine replacement cost and evaluate whether it is above the ceiling (net realizable value) or below the floor (net realizable value less normal profit margin). ASU 2015-11 defines net realizable value as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This standard is effective prospectively for annual reporting periods beginning after December 15, 2016 , early adoption is permitted. The Company is currently evaluating the impact that this guidance will have on its consolidated financial statements and related disclosures. In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs, which changes the presentation of debt issuance costs in financial statements. ASU 2015-03 requires an entity to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the debt issuance costs will continue to be reported as interest expense. This sta ndard was effective for the Company as of January 1, 2016. Since the Company does not have any debt outstanding the adoption of these changes did not have any impact on the consolidated financial position, results of operations or cash flows of the Company. In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810) Amendments to the Consolidation Analysis, which changes the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. All legal entities are subject to reevaluation under the revised consolidation model. The new guidance affects the following areas: (1) limited partnerships and similar legal entities; (2) evaluating fees paid to a decision maker or a service provider as a variable interest; (3) the effect of fee arrangements on the primary beneficiary determination; (4) the effect of related parties on the primary beneficiary determination; and (5) certain investment funds. This standard is effective for fiscal years beginning after December 15, 2015 and interim periods within those fiscal years. The adoption of these changes did not have a material impact on the consolidated financial position, results of operations or cash flows of the Company. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers , which was further clarified in March 2016. The ASU outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most prior revenue recognition guidance, including industry-specific guidance. The ASU is based on the principle that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to fulfill a contract. Entities have the option of using either a full retrospective or a modified retrospective approach for the adoption of the new standard. The ASU is effective for annual reporting periods beginning after December 15, 2017 and early adoption for annual reporting periods beginning after December 15, 2016 is permitted. The Company is currently assessing the impact of this standard on the Company’s financial position, results of operations and cash flows.

Segment Information (Policy)

Segment Information (Policy)	9 Months Ended
	Sep. 30, 2016
Segment Information [Abstract]
Segment Information [Policy]	On September 30, 2015, the Company sold its railcar repair and maintenance services business. Through September 30, 2015, the Company’s operations comprised two reportable segments, Manufacturing and Services. As of October 1, 2015, the Company’s operations comprise two operating segments, Manufacturing and Parts, and one reportable segment, Manufacturing. The Company’s Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing and major railcar rebuilds. The Company’s Parts operating segment is not expected to be of continuing significance for separate reporting and has been combined with corporate and other non-operating activities as Corporate and Other. Prior period segment information has been recast to include general railcar repair and maintenance and inspections and parts sales in Corporate and Other.  Segment operating income is an internal performance measure used by the Company’s Chief Operating Decision Maker to assess the performance of each segment in a given period. Segment operating income includes all external revenues attributable to the segments as well as operating costs and income that management believes are directly attributable to the current production of goods and services. The Company’s management reporting package does not include interest revenue, interest expense or income taxes allocated to individual segments and these items are not considered as a component of segment operating income. Segment assets represent operating assets and exclude intersegment accounts, deferred tax assets and income tax receivables. The Company does not allocate cash and cash equivalents to its operating segments as the Company’s treasury function is managed at the corporate level. Intersegment revenues were not material in any period presented.

State and Local Incentives (Pol

State and Local Incentives (Policy)	9 Months Ended
	Sep. 30, 2016
State and Local Incentives [Abstract]
State and Local Incentives [Policy Text Block]	The Company records state and local incentives when there is reasonable assurance that the incentive will be received and the Company is able to comply with the conditions attached to the incentives received. State incentives related to assets are recorded as deferred income and recognized on a straight-line basis over the useful life of the related assets.

Stock-Based Compensation (Polic

Stock-Based Compensation (Policy)	9 Months Ended
	Sep. 30, 2016
Stock-Based Compensation [Abstract]
Compensation Related Costs, Policy [Policy Text Block]	The Company recognizes stock-based compensation expense for stock option awards based on the fair value of the award on the grant date using the Black-Scholes option valuation model. Expected life in years for all stock options awards was determined using the simplified method. The Company believes that it is appropriate to use the simplified method in determining the expected life for options because the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term for stock options. Expected volatility was based on the historical volatility of the Company’s stock. The risk-free interest rate was based on the U.S. Treasury bond rate for the expected life of the option. The expected dividend yield was based on the latest annualized dividend rate and the current market price of the underlying common stock on the date of the grant. The Company recognizes stock-based compensation for restricted stock awards over the vesting period based on the fair market value of the stock on the date of the award, calculated as the average of the high and low trading prices for the Company’s common stock on the award date.

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2016
Segment Information [Abstract]
Schedule of segment reporting information, by segment [Table Text Block]	   Three Months Ended Nine Months Ended  September 30, September 30,  2016 2015 2016 2015  Revenues:  Manufacturing $ 111,963 $ 233,294 $ 382,258 $ 545,407  Corporate and Other 1,498 7,820 5,950 24,148  Consolidated revenues $ 113,461 $ 241,114 $ 388,208 $ 569,555   Operating (loss) income:  Manufacturing $ 6,967 $ 25,817 $ 25,179 $ 44,910  Corporate and Other (1) (7,019) (2,895) (6,237) (14,209)  Consolidated operating (loss) income (52) 22,922 18,942 30,701  Consolidated interest expense and deferred financing costs (29) (56) (115) (184)  Consolidated other income 13 8 95 91  Consolidated (loss) income before income taxes $ (68) $ 22,874 $ 18,922 $ 30,608   Depreciation and amortization:  Manufacturing $ 2,024 $ 1,807 $ 6,163 $ 5,185  Corporate and Other 261 796 1,239 2,366  Consolidated depreciation and amortization $ 2,285 $ 2,603 $ 7,402 $ 7,551   Capital expenditures:  Manufacturing $ 3,952 $ 5,176 $ 12,623 $ 14,640  Corporate and Other 337 822 447 1,521  Consolidated capital expenditures $ 4,289 $ 5,998 $ 13,070 $ 16,161 
Reconciliation of assets from segment to consolidated [Table Text Block]	  September 30, December 31,  2016 2015  Assets:  Manufacturing $ 274,616 $ 238,841  Corporate and Other 59,064 133,341  Total operating assets 333,680 372,182  Consolidated income taxes receivable 4,880 -  Consolidated deferred income taxes, long-term 17,205 34,722  Consolidated assets $ 355,765 $ 406,904 

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Measurements [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	   Recurring Fair Value Measurements As of September 30, 2016  Level 1 Level 2 Level 3 Total  ASSETS:  Cash equivalents $ 146 $ - $ - $ 146  Restricted certificates of deposit $ 5,970 $ - $ - $ 5,970  Escrow receivable $ - $ - $ 1,910 $ 1,910      Recurring Fair Value Measurements As of December 31, 2015  Level 1 Level 2 Level 3 Total  ASSETS:  Cash equivalents $ 33,150 $ - $ - $ 33,150  Restricted certificates of deposit $ 6,896 $ - $ - $ 6,896  Escrow receivable $ - $ - $ 1,910 $ 1,910 

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2016
Inventories [Abstract]
Schedule of Inventory Current [Table Text Block]	   September 30, December 31,  2016 2015   Work in process $ 129,993 $ 108,099  Finished new railcars 11,317 2,538  Parts inventory 3,348 4,717  Total inventories, net $ 144,658 $ 115,354 

Leased Railcars (Tables)

Leased Railcars (Tables)	9 Months Ended
	Sep. 30, 2016
Leased Railcars [Abstract]
Future Minimum Rental Revenues On Leases [Table Text Block]	  Three months ending December 31, 2016 $ 427  Year ending December 31, 2017 1,706  Year ending December 31, 2018 1,118  Year ending December 31, 2019 1,001  Year ending December 31, 2020 1,001  Thereafter 276  $ 5,529 

State and Local Incentives (Tab

State and Local Incentives (Tables)	9 Months Ended
	Sep. 30, 2016
State and Local Incentives [Abstract]
Changes in deferred income from state incentives [Table Text Block]	   Three Months Ended Nine Months Ended  September 30, September 30,   2016 2015 2016 2015   Balance at the beginning of the period $ 13,254 $ 4,556 $ 14,318 $ -  State and local incentives received during the period - 10,826 - 15,733  Recognition of state and local incentives as reduction of cost of sales (532) (532) (1,596) (883)  Balance at the end of the period, including current portion $ 12,722 $ 14,850 $ 12,722 $ 14,850 

Accumulated Other Comprehensi35

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Abstract]
Schedule of changes in accumulated other comprehensive income (loss) [Table Text Block]	The changes in accumulated other comprehensive income (loss) consist of the following:      HIDDEN_ROW   Pre-Tax Tax Net of Tax  Three months ended September 30, 2016  Pension liability activity:  Actuarial loss $ (1,200) $ (422) $ (778)  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $135 and selling, general and administrative expenses of $(10) ) $ 125 $ 44 $ 81  Postretirement liability activity:  Actuarial loss (300) (105) (195)  Reclassification adjustment for amortization of net gain (pre-tax cost of sales of $(59) and selling, general and administrative expenses of $(9) ) (68) (24) (44)  Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $4 and selling, general and administrative expenses of $1 ) 5 2 3  $ (1,438) $ (505) $ (933)     Pre-Tax Tax Net of Tax  Three months ended September 30, 2015  Pension liability activity:  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $83 and selling, general and administrative expenses of $27 ) $ 110 $ 39 $ 71  Postretirement liability activity:  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $142 and selling, general and administrative expenses of $20 ) 162 56 106  Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $9 and selling, general and administrative expenses of $1 ) 10 4 6  $ 282 $ 99 $ 183      Nine months ended September 30, 2016 Pre-Tax Tax Net of Tax  Pension liability activity:  Actuarial loss $ (1,200) $ (422) $ (778)  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $405 and selling, general and administrative expenses of $(30) ) $ 375 $ 132 $ 243  Postretirement liability activity:  Actuarial loss (1,989) (699) (1,290)  Settlement gain 37,190 13,076 24,114  Reclassification adjustment for settlement income (pre-tax gain on settlement of postretirement benefit plan obligation) (15,606) (5,487) (10,119)  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $(24) and selling, general and administrative expenses of $(4) ) (28) (10) (18)  Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $11 and selling, general and administrative expenses of $2 ) 13 5 8  $ 18,755 $ 6,595 $ 12,160       Nine months ended September 30, 2015 Pre-Tax Tax Net of Tax  Pension liability activity:  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $250 and selling, general and administrative expenses of $80 ) $ 330 $ 125 $ 205  Postretirement liability activity:  Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $426 and selling, general and administrative expenses of $60 ) 486 180 306  Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $27 and selling, general and administrative expenses of $4 ) 31 11 20  $ 847 $ 316 $ 531 
Components of accumulated other comprehensive loss [Table Text Block]	   September 30, December 31,  2016 2015   Unrecognized pension cost, net of tax of $6,719 and $6,429 $ (11,019) $ (10,484)  Unrecognized postretirement income (cost), net of tax of $423 and $6,461 2,101 (10,594)  $ (8,918) $ (21,078) 

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2016
Pension Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Components of net periodic benefit cost (benefit) [Table Text Block]	  Three Months Ended Nine Months Ended  September 30, September 30,  Pension Benefits 2016 2015 2016 2015  Interest cost $ 582 $ 580 $ 1,746 $ 1,740  Expected return on plan assets (686) (761) (2,058) (2,283)  Amortization of unrecognized net loss 125 110 375 330  $ 21 $ (71) $ 63 $ (213) 
Postretirement Benefit Plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Components of net periodic benefit cost (benefit) [Table Text Block]	   Three Months Ended Nine Months Ended  September 30, September 30,  Postretirement Benefit Plan 2016 2015 2016 2015  Service cost $ 15 $ 17 $ 45 $ 51  Interest cost 65 743 868 2,229  Settlement income - - (15,606) -  Amortization of prior service cost 4 10 12 31  Amortization of unrecognized net (gain) loss (68) 162 (28) 486  $ 16 $ 932 $ (14,709) $ 2,797 

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares [Table Text Block]	   Three Months Ended Nine Months Ended  September 30, September 30,  2016 2015 2016 2015  Weighted average common shares outstanding 12,267,468 12,241,211 12,260,329 12,153,313  Dilutive effect of employee stock options and nonvested share awards - 215 - 54,119  Weighted average diluted common shares outstanding 12,267,468 12,241,426 12,260,329 12,207,432  

Segment Information (Narrative)

Segment Information (Narrative) (Details) - segment	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Segment Information [Abstract]
Number of Operating Segments	2
Number of Reportable Segments	1	2

Segment Information (Schedule o

Segment Information (Schedule of Segment Reporting Information, by Segment) (Details) - USD ($) $ in Thousands		Mar. 25, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Revenues			$ 113,461	$ 241,114	$ 388,208	$ 569,555
Operating (loss) income			(52)	22,922	18,942	30,701
Gain on settlement of postretirement benefit plan obligation, net of plaintiffs' attorneys' fees		$ 14,306	0	0	14,306	0
Consolidated interest expense and deferred financing costs			(29)	(56)	(115)	(184)
Consolidated other income			13	8	95	91
Consolidated (loss) income before income taxes			(68)	22,874	18,922	30,608
Segment depreciation and amortization			2,285	2,603	7,402	7,551
Capital expenditures			4,289	5,998	13,070	16,161
Manufacturing [Member]
Segment Reporting Information [Line Items]
Revenues			111,963	233,294	382,258	545,407
Operating (loss) income			6,967	25,817	25,179	44,910
Segment depreciation and amortization			2,024	1,807	6,163	5,185
Capital expenditures			3,952	5,176	12,623	14,640
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Revenues			1,498	7,820	5,950	24,148
Operating (loss) income	[1]		(7,019)	(2,895)	(6,237)	(14,209)
Gain on settlement of postretirement benefit plan obligation, net of plaintiffs' attorneys' fees					14,306
Segment depreciation and amortization			261	796	1,239	2,366
Capital expenditures			$ 337	$ 822	$ 447	$ 1,521
[1]	Results for the nine months ended September 30, 2016 included a $14,306 gain on the settlement of a postretirement benefit plan obligation, net of plaintiffs' attorneys' fees (see Note 14).

Segment Information (Reconcilia

Segment Information (Reconciliation of Assets from Segment to Consolidated) (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Total operating assets	$ 333,680	$ 372,182
Consolidated income taxes receivable	4,880	0
Consolidated deferred income taxes, long-term	17,205	34,722
Total assets	355,765	406,904
Manufacturing [Member]
Segment Reporting Information [Line Items]
Total operating assets	274,616	238,841
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Total operating assets	$ 59,064	$ 133,341

Fair Value Measurements (Financ

Fair Value Measurements (Financial Assets And Liabilities That Were Recorded At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 146	$ 33,150
Restricted certificates of deposit	5,970	6,896
Escrow receivable	1,910	1,910
Asset Impairment Charges	1,255
Non-financial assets measured on a non-recurring basis		0
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	146	33,150
Restricted certificates of deposit	5,970	6,896
Escrow receivable	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Restricted certificates of deposit	0	0
Escrow receivable	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Restricted certificates of deposit	0	0
Escrow receivable	$ 1,910	$ 1,910

Marketable Securities (Details)

Marketable Securities (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Held-to-maturity Securities, Current	$ 14,997	$ 26,951
Maximum [Member]
Marketable securities, original maturity	1 year	1 year
Minimum [Member]
Marketable securities, original maturity	90 days	90 days

Inventories (Narrative) (Detail

Inventories (Narrative) (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Inventories [Abstract]
Inventory valuation reserves	$ 3,511	$ 3,793

Inventories (Schedule of Invent

Inventories (Schedule of Inventory Current) (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Inventories [Abstract]
Work in process	$ 129,993	$ 108,099
Finished new railcars	11,317	2,538
Parts inventory	3,348	4,717
Total inventories, net	$ 144,658	$ 115,354

Leased Railcars (Narrative) (De

Leased Railcars (Narrative) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Railcars Available for Lease, net	$ 24,193	$ 24,729
Railcars Available for Lease, cost	27,954	27,954
Railcars Available for Lease, accumulated depreciation	$ 3,761	$ 3,225
Lease utilization rate	73.00%	73.00%
Maximum [Member]
Lease term	6 years

Leased Railcars (Future Minimum

Leased Railcars (Future Minimum Rental Revenues on Leases) (Details) $ in Thousands	Sep. 30, 2016USD ($)
Leased Railcars [Abstract]
Three months ending December 31, 2016	$ 427
Year ending December 31, 2017	1,706
Year ending December 31, 2018	1,118
Year ending December 31, 2019	1,001
Year ending December 31, 2020	1,001
Thereafter	276
Total Future Minimum Rental Revenues on Leases	$ 5,529

Goodwill (Narrative) (Details)

Goodwill (Narrative) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Cost of Capital	14.00%
Goodwill	$ 21,521	$ 21,521
Manufacturing [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 21,521

State and Local Incentives (Det

State and Local Incentives (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
State and Local Incentives [Abstract]
State incentives received during the year	$ 0	$ 10,826	$ 0	$ 15,733	$ 15,733

State and Local Incentives (Cha

State and Local Incentives (Changes in Deferred Income from State Incentives) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
State and Local Incentives [Abstract]
Balance at the beginning of the period	$ 13,254	$ 4,556	$ 14,318	$ 0	$ 0
State and local incentives received during the period	0	10,826	0	15,733	15,733
Recognition of state and local incentives as reduction of cost of sales	(532)	(532)	(1,596)	(883)
Balance at the end of the year, including current portion	$ 12,722	$ 14,850	$ 12,722	$ 14,850	$ 14,318

Revolving Credit Facility (Narr

Revolving Credit Facility (Narrative) (Details) - Bank of America, N.A. [Member] $ in Thousands	Jun. 13, 2016	Jul. 26, 2013USD ($)	Sep. 30, 2016USD ($)
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Expiration Date	Jul. 26, 2019
Minimum net liquidity		$ 35,000
Revolving Credit Facility [Member] | Senior Secured Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 50,000
Line of Credit Facility, Interest Rate Description			rate of LIBOR plus an applicable margin of between 1.25% and 1.75% depending on the Company's consolidated leverage ratio or at a base rate, as selected by the Company. Base rate loans will bear interest at the highest of (a) the federal funds rate plus 0.50%, (b) the prime rate or (c) LIBOR plus 1.00%.
Line of Credit Facility, Collateral			Borrowings under the Revolving Credit Facility are secured by a first priority perfected security interest in substantially all of the Borrowers' assets excluding railcars held by the Company's railcar leasing subsidiary, JAIX. The Borrowers also have pledged all of the equity interests in the Company's direct and indirect domestic subsidiaries as security for the Revolving Credit Facility.
Revolving Credit Facility [Member] | Base Rate Loans [Member] | Federal Funds Rate [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate			0.50%
Revolving Credit Facility [Member] | Base Rate Loans [Member] | London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1.00%
Letter of Credit [Member] | Letter of Credit Sub-Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 30,000
Maximum [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum net leverage ratio	2.50
Maximum [Member] | Revolving Credit Facility [Member] | Senior Secured Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage			0.25%
Maximum [Member] | Revolving Credit Facility [Member] | Revolving Loan Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1.75%
Minimum [Member] | Revolving Credit Facility [Member] | Senior Secured Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage			0.10%
Minimum [Member] | Revolving Credit Facility [Member] | Revolving Loan Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1.25%

Accumulated Other Comprehensi51

Accumulated Other Comprehensive Income (Loss) (Changes in Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Abstract]
Pension Liability Activity, Actuarial Loss, Before Tax	$ (1,200)		$ (1,200)
Pension Liability Activity, Actuarial Loss, Tax Effect	(422)		(422)
Pension Liability Activity, Actuarial Loss, Net of Tax	(778)		(778)
Pension liability activity, reclassfication adjustment for amortization of net loss, before tax	125	$ 110	375	$ 330
Pension liability activity, reclassification adjustment for amortization of net loss, tax effect	44	39	132	125
Pension liability activity, reclassification adjustment for amortization of net loss, net of tax	81	71	243	205
Postretirement liability activity, actuarial loss, before tax	(300)		(1,989)
Postretirement liability activity, actuarial loss, tax effect	(105)		(699)
Postretirement liability activity, actuarial loss, net of tax	(195)		(1,290)
Postretirement liability activity, settlement gain, before tax			37,190
Postretirement liability activity, settlement gain, tax effect			13,076
Postretirement liability activity, settlement gain, net of tax			24,114
Postretirement liability activity, reclassification adjustment for settlement income, before tax			(15,606)
Postretirement liability activity, reclassification adjustment for settlement income, tax effect			(5,487)
Postretirement liability activity, reclassification adjustment for settlement income, net of tax			(10,119)
Postretirement liability activity, reclassification adjustment for amortization of net loss, before tax		162	(28)	486
Postretirement liability activity, reclassification adjustment for amortization of net loss, tax effect		56	(10)	180
Postretirement liability activity, reclassification adjustment for amortization of net loss, net of tax		106	(18)	306
Postretirement liability activity, reclassification adjustment for amortization of net gain, before tax	(68)
Postretirement liability activity, reclassification adjustment for amortization of net gain, tax effect	(24)
Postretirement liability activity, reclassification adjustment for amortization of net gain, net of tax	(44)
Postretirement liability activity, reclassification adjustment for amortization of prior service cost, before tax	5	10	13	31
Postretirement liability activity, reclassfication adjustment for amortization of prior service cost, tax effect	2	4	5	11
Postretirement liability activity, reclassification adjustment for amortization of prior service cost, net of tax	3	6	8	20
Pre-tax	(1,438)	282	18,755	847
Tax	(505)	99	6,595	316
Other comprehensive income	$ (933)	$ 183	$ 12,160	$ 531

Accumulated Other Comprehensi52

Accumulated Other Comprehensive Income (Loss) (Components of AOCI) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Abstract]
Unrecognized pension cost, net of tax	$ (11,019)	$ (10,484)
Unrecognized postretirement income (cost), net of tax	2,101	(10,594)
Accumulated other comprehensive income (loss), net of tax, total	(8,918)	(21,078)
Unrecognized pension cost, tax amount	6,719	6,429
Unrecognized postretirement income (cost), tax amount	$ 423	$ 6,461

Accumulated Other Comprehensi53

Accumulated Other Comprehensive Income (Loss) (Reclassifications out of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 103,972	$ 212,064	$ 354,755	$ 514,146
Selling, general and administrative expenses, pre-tax	8,010	10,706	27,286	30,473
Accumulated Defined Benefit Plans Adjustment, Amortization of Unrecognized Net Loss [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	135	83	405	250
Selling, general and administrative expenses, pre-tax	(10)	27	(30)	80
Accumulated Postretirement Plans Adjustment, Amortization of Unrecognized Net Loss [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales		142	(24)	426
Selling, general and administrative expenses, pre-tax		20	(4)	60
Accumulated Postretirement Plans Adjustment Amortization of Unrecognized Net Gain [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	(59)
Selling, general and administrative expenses, pre-tax	(9)
Accumulated Postretirement Plans Adjustment, Amortization of Prior Service Cost [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	4	9	11	27
Selling, general and administrative expenses, pre-tax	$ 1	$ 1	$ 2	$ 4

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Stock-Based Compensation [Abstract]
Stock-based compensation	$ 142	$ 508	$ 815	$ 1,686
Unrecognized compensation expense	$ 1,379		$ 1,379
Remaining requisite service period			33 months

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Details) - USD ($) $ in Thousands	Mar. 25, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Cash payment for settlement of postretirement benefit plan obligation	$ 31,616			$ 31,616	$ 0
Postretirement benefit plan obligation settlement interest	166
Gain on settlement of postretirement benefit plan obligation, net of plaintiffs' attorneys' fees	14,306	$ 0	$ 0	14,306	0
Attorneys' fees	1,300
Reduction in postretirement benefit obligation	$ 68,806
Defined contribution plan expense recognized		571	836	1,616	2,199
Pension Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Employer contributions		0	0	0	0
Expected total contributions for current fiscal year				0
Postretirement Benefit Plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Employer contributions		$ 121	$ 99	349	$ 294
Expected total contributions for current fiscal year				$ 405

Employee Benefit Plans (Compone

Employee Benefit Plans (Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Settlement income			$ (15,606)	$ 0
Pension Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Interest cost	$ 582	$ 580	1,746	1,740
Expected return on plan assets	(686)	(761)	(2,058)	(2,283)
Amortization of unrecognized net (gain) loss	125	110	375	330
Net periodic (benefit) cost	21	(71)	63	(213)
Postretirement Benefit Plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	15	17	45	51
Interest cost	65	743	868	2,229
Settlement income	0	0	(15,606)	0
Amortization of prior service cost	4	10	12	31
Amortization of unrecognized net (gain) loss	(68)	162	(28)	486
Net periodic (benefit) cost	$ 16	$ 932	$ (14,709)	$ 2,797

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share [Abstract]
Anti-dilutive common shares excluded from computation of earnings per share amount	529,293	637,022	555,086	465,636

Earnings Per Share (Weighted Av

Earnings Per Share (Weighted Average Common Shares Outstanding) (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share [Abstract]
Weighted average common shares outstanding	12,267,468	12,241,211	12,260,329	12,153,313
Dilutive effect of employee stock options and nonvested share awards	0	215	0	54,119
Weighted average diluted common shares outstanding	12,267,468	12,241,426	12,260,329	12,207,432

Restructuring and Impairment (N

Restructuring and Impairment (Narrative) (Details) - USD ($) $ in Thousands	Aug. 01, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Restructuring Cost and Reserve [Line Items]
Percent of salaried workforce eliminated	15.00%
Cost estimate for implementing program	$ 3,000
Estimated annual cost savings	5,000
Restructuring and impairment charges		$ 1,531	$ 0	$ 1,531	$ 0
Asset Impairment Charges		1,255
Severance Costs		$ 276
Employee related costs [Member]
Restructuring Cost and Reserve [Line Items]
Cost estimate for implementing program	1,400
Asset impairment charges [Member]
Restructuring Cost and Reserve [Line Items]
Cost estimate for implementing program	$ 1,255