Mercer International (MERC) 10-K 12 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 11, 2016	Jun. 30, 2015
Document and Entity Information
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	merc
Entity Registrant Name	MERCER INTERNATIONAL INC.
Entity Central Index Key	1,333,274
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		64,656,138
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Public Float			$ 882,385,937
Entity Well-known Seasoned Issuer	No

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS € in Thousands, $ in Thousands	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Current assets
Cash and cash equivalents	$ 99,629	$ 53,172
Restricted cash (Note 14)	9,230	10,286
Accounts receivables (Note 2)	134,254	141,088
Inventories (Note 3)	141,001	146,576
Prepaid expenses and other	4,697	6,745
Total current assets	388,811	357,867
Property, plant and equipment, net (Note 4)	762,391	883,150
Intangible and other assets	8,461	8,925
Deferred income tax (Note 8)	23,154	56,287
Total assets	1,182,817	1,306,229
Current liabilities
Accounts payable and other (Note 5)	96,032	102,225
Dividends payable (Note 9)	7,418	0
Pension and other post-retirement benefit obligations (Note 7)	971	1,177
Debt (Note 6)	0	12,101
Total current liabilities	104,421	115,503
Debt (Note 6)	638,043	661,570
Interest rate derivative liability (Note 14)	6,533	17,962
Pension and other post-retirement benefit obligations (Note 7)	25,374	34,837
Capital leases and other (Note 16)	12,299	15,321
Deferred income tax (Note 8)	13,171	22,156
Total liabilities	799,841	867,349
Shareholders' equity
Common shares	64,424	64,156
Additional paid-in capital	329,246	326,951
Retained earnings	160,880	100,214
Accumulated other comprehensive loss (Note 11)	(171,574)	(52,441)
Total shareholders' equity	382,976	438,880
Total liabilities and shareholders' equity	$ 1,182,817	$ 1,306,229
Commitments and contingencies (Note 17)

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
CONSOLIDATED BALANCE SHEETS [Abstract]
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares, Issued	64,502,000	64,274,000
Common Stock, Shares, Outstanding	64,502,000	64,274,000
Common Stock, Par or Stated Value Per Share	$ 1	$ 1

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues
Pulp	$ 946,237	$ 1,073,632	$ 996,187
Energy and chemicals	86,967	101,480	92,198
Total revenues	1,033,204	1,175,112	1,088,385
Costs and expenses
Operating costs, excluding depreciation and amortization	753,523	887,712	920,832
Operating depreciation and amortization	67,761	77,675	78,309
Selling, general and administrative expenses	46,236	47,927	51,169
Restructuring expenses	0	0	6,415
Operating income	165,684	161,798	31,660
Other income (expense)
Interest expense	(53,891)	(67,516)	(69,156)
Gain on settlement of debt	0	3,357	0
Foreign exchange gain (loss) on intercompany debt	(5,306)	(4,777)	904
Gain (loss) on derivative instruments (Note 14)	(935)	11,501	19,709
Other income (expense)	(601)	(171)	311
Total other expense	(60,733)	(57,606)	(48,232)
Income (loss) before income taxes	104,951	104,192	(16,572)
Income tax benefit (provision) (Note 8)
Income tax benefit (provision) - current	(11,934)	(5,242)	2,286
Income tax benefit (provision) - deferred	(17,515)	22,016	(11,482)
Net income (loss)	75,502	120,966	(25,768)
Less: net income attributable to noncontrolling interest	0	(7,812)	(607)
Net income (loss) attributable to common shareholders	$ 75,502	$ 113,154	$ (26,375)
Net income (loss) per share attributable to common shareholders (Note 10)
Basic	$ 1.17	$ 1.82	$ (0.47)
Diluted	1.17	1.81	(0.47)
Cash dividends declared per common share (Note 9)	$ 0.230	$ 0	$ 0

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Consolidated Statements Of Comprehensive Income (Loss) [Abstract]
Net income (loss)	$ 75,502	$ 120,966	$ (25,768)
Other comprehensive income (loss), net of taxes
Foreign currency translation adjustment (net of tax effect of $nil in all periods)	(122,955)	(81,024)	(1,733)
Change in unrecognized losses and prior service costs related to defined benefit plans (net of tax effect of $nil in all periods)	3,949	(2,873)	4,636
Change in unrealized gains/losses on marketable securities (net of tax effect of $nil in all periods)	(127)	(14)	(10)
Other comprehensive income (loss), net of taxes	(119,133)	(83,911)	2,893
Total comprehensive income (loss)	(43,631)	37,055	(22,875)
Comprehensive income attributable to noncontrolling interest	0	(7,812)	(607)
Comprehensive income (loss) attributable to common shareholders	$ (43,631)	$ 29,243	$ (23,482)

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Consolidated Statements Of Comprehensive Income (Loss) [Abstract]
Foreign currency translation adjustment, tax effect	$ 0	$ 0	$ 0
Change in unrecognized losses and prior service costs related to defined benefit plans, tax effect	0	0	0
Change in unrealized gains/losses on marketable securities, tax effect	$ 0	$ 0	$ 0

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Parent [Member]	Common Shares [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Deficit) [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interest (Deficit) [Member]	Total
Balance at Dec. 31, 2012	$ 389,104	$ 55,619	$ 267,718	$ 37,190	$ 28,577	$ (21,342)	$ 367,762
Balance (in shares) at Dec. 31, 2012		55,816,000
Shares issued on grants of restricted shares	0	$ 77	(77)	0	0	0	0
Shares issued on grants of restricted shares (in shares)		38,000
Stock compensation expense	3,574	$ 0	3,574	0	0	0	3,574
Net income (loss)	(26,375)	0	0	(26,375)	0	607	(25,768)
Noncontrolling interest decrease from purchase of interest		0		0	0	9,974
Loss on acquisition of a portion of the noncontrolling interest in a subsidiary	(10,118)		(10,118)
Net Change In Equity Purchase of Noncontrolling Interest							(144)
Other comprehensive income (loss)	2,893	0	0	0	2,893	0	2,893
Balance at Dec. 31, 2013	359,078	$ 55,696	261,097	10,815	31,470	(10,761)	348,317
Balance (in shares) at Dec. 31, 2013		55,854,000
Shares issued through public share offering	53,859	$ 8,050	45,809	0	0	0	$ 53,859
Shares issued through public share offering (in shares)		8,050,000					8,050,000
Shares issued on grants of restricted shares	0	$ 78	(78)	0	0	0	$ 0
Shares issued on grants of restricted shares (in shares)		38,000
Shares issued on grants of performance shares	0	$ 332	(332)	0	0	0	0
Shares issued on grants of restricted shares (in shares)		332,000
Stock compensation expense	1,470	$ 0	1,470	0	0	0	1,470
Net income (loss)	113,154	0	0	113,154	0	7,812	120,966
Noncontrolling interest decrease from purchase of interest		0			0	(2,949)
Loss on acquisition of a portion of the noncontrolling interest in a subsidiary	(4,770)		18,985	(23,755)
Net Change In Equity Purchase of Noncontrolling Interest							(1,821)
Other comprehensive income (loss)	(83,911)	0	0	0	(83,911)	0	(83,911)
Balance at Dec. 31, 2014	438,880	$ 64,156	326,951	100,214	(52,441)	0	$ 438,880
Balance (in shares) at Dec. 31, 2014		64,274,000					64,274,000
Shares issued on grants of restricted shares	0	$ 78	(78)	0	0	0	$ 0
Shares issued on grants of restricted shares (in shares)		38,000
Shares issued on grants of performance shares	0	$ 160	(160)	0	0	0	0
Shares issued on grants of restricted shares (in shares)		160,000
Shares issued on exercise of stock options	0	$ 30	(30)	0	0	0	0
Shares issued on exercise of stock options (in shares)		30,000
Stock compensation expense	2,563	$ 0	2,563	0	0	0	2,563
Net income (loss)	75,502	0	0	75,502	0	0	75,502
Dividends declared	(14,836)	0	0	(14,836)	0	0	(14,836)
Other comprehensive income (loss)	(119,133)	0	0	0	(119,133)	0	(119,133)
Balance at Dec. 31, 2015	$ 382,976	$ 64,424	$ 329,246	$ 160,880	$ (171,574)	$ 0	$ 382,976
Balance (in shares) at Dec. 31, 2015		64,502,000					64,502,000

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical)	12 Months Ended
	Dec. 31, 2012
Consolidated Statements Of Cash Flows [Abstract]
Noncontrolling interest change in ownership parent	8.10%

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from (used in) operating activities
Net income (loss)	$ 75,502	$ 120,966	$ (25,768)
Adjustments to reconcile net income to cash flows from operating activities
Gain on settlement of debt	0	(3,357)	0
Unrealized (gain) loss on derivative instruments	573	(11,501)	(21,494)
Depreciation and amortization	68,333	78,012	78,645
Deferred income taxes	17,515	(22,016)	11,482
Foreign exchange (gain) loss on intercompany debt	5,306	4,777	(904)
Defined benefit pension plan and other post-retirement benefit plan expense	2,162	2,475	3,526
Stock compensation expense	2,409	1,586	3,574
Other	2,756	2,076	4,073
Defined benefit pension plan and other post-retirement benefit plan contributions	(2,349)	(2,951)	(2,878)
Changes in working capital
Accounts receivables	(11,256)	(25,113)	13,993
Inventories	(13,235)	6,445	(14,563)
Accounts payable and accrued expenses	9,665	(5,382)	(11,569)
Other	1,839	(1,429)	(1,792)
Net cash from (used in) operating activities	159,220	144,588	36,325
Cash flows from (used in) investing activities
Purchase of property, plant and equipment	(46,536)	(34,612)	(45,707)
Purchase of intangible assets	(3,809)	(4,776)	0
Restricted cash	0	(10,627)	0
Other	528	910	739
Net cash from (used in) investing activities	(49,817)	(49,105)	(44,968)
Cash flows from (used in) financing activities
Repayment of debt and repurchase of notes	(10,763)	(891,019)	(56,416)
Proceeds from issuance of notes and borrowings of debt	0	650,000	74,472
Proceeds from issuance of shares	0	53,859	0
Dividend payment	(7,418)	0	0
Proceeds from (repayment of) revolving credit facilities, net	(23,058)	26,254	(5,640)
Payment of interest rate derivative liability	(13,530)	0	0
Repayment of capital lease obligations	(2,412)	(2,465)	(2,593)
Proceeds from sale and lease-back transactions	466	1,533	0
Payment of note issuance costs	(326)	(20,169)	(3,855)
Proceeds from government grants	158	6,699	9,265
Other	219	(444)	0
Net cash from (used in) financing activities	(56,664)	(175,752)	15,233
Effect of exchange rate changes on cash and cash equivalents	(6,282)	(14,287)	3,699
Net increase (decrease) in cash and cash equivalents	46,457	(94,556)	10,289
Cash and cash equivalents, beginning of year	53,172	147,728	137,439
Cash and cash equivalents, end of year	99,629	53,172	147,728
Cash paid during the year for
Interest	51,975	65,013	65,747
Income taxes	8,784	3,718	7,307
Supplemental schedule of non-cash investing and financing activities
Payment-in-kind note issued to acquire noncontrolling interest	$ 0	$ 12,101	$ 0

The Company And Summary Of Sign

The Company And Summary Of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
The Company And Summary Of Significant Accounting Policies [Abstract]
The Company And Summary Of Significant Accounting Policies	Note 1. The Company and Summary of Significant Accounting Policies Background Mercer International Inc. (“Mercer Inc.”) i s a Washington corporation and its shares of common stock are quoted and listed for trading on the NASDAQ Global Market and the Toronto Stock Exchange. Mercer Inc. operates three pulp manufacturing facilities, one in Canada and two in Germany, and is one of the largest producers of market northern bleached softwood kraft (“NBSK”) pulp in the world. In these consolidated financial statements, unless otherwise indicated, all amounts are expressed in United States dollars (“U.S. dollars” or “$”). The symbol “€” refers to euros and the symbol “C$” refers to Canadian dollars. Basis of Presentation These consolidated financial statements contained herein include the accounts of Mercer Inc. and all of its subsidiaries (collectively, the “Company”). The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ( “ GAAP ” ). All significant inter company balances and transactions have been eliminated upon consolidation. Use of Estimates Preparation of financial statements and related disclosures in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Significant management judgment is required in determining the accounting for, among other things, pensions and other post-retirement benefit obligations, deferred income taxes (valuation allowance and permanent reinvestment), depreciation and amortization, future cash flows associated with impairment testing for long-lived assets, legal liabilities and contingencies. Actual results could differ materially from these estimates, and changes in these estimates are recorded when known. Significant Accounting Policies Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents include cash held in bank accounts and highly liquid investments with original maturities of three months or less. Restricted cash is comprised of cash deposits that cannot be withdrawn without prior notice or penalty. Accounts Receivable Accounts receivable are recorded at cost, net of an allowance for doubtful accounts. The Company reviews the collectability of receivables at each reporting date. The Company maintains an allowance for doubtful accounts at an amount estimated to cover the potential losses on certain uninsured receivables. Any amounts that are determined to be uncollectible and uninsured are offset against the allowance. The allowance is based on the Company’s evaluation of numerous factors, including the payment history and financial position of the debtors. For certain customers the Company receives a letter of credit prior to shipping its product. Inventories Inventories of raw materials, finished goods and work in progress are valued at the lower of cost, using the weighted-average cost method, or net realizable value. Other materials and spare parts are valued at the lower of cost and replacement cost. Cost includes labor, materials and production overhead and is determined by using the weighted average cost method. Raw materials inventories include both roundwood (logs) and wood chips. These inventories are located both at the pulp mills and at various offsite locations. In accordance with industry practice, physical inventory counts utilize standardized techniques to estimate quantities of roundwood and wood chip inventory volumes. These techniques historically have provided reasonable estimates of such inventories. Note 1. The Company and Summary of Significant Accounting Policies (continued) Property, Plant and Equipment Property, plant and equipment is stated at cost less accumulated depreciation. Depreciation of buildings and production equipment is based on the estimated useful lives of the assets and is computed using the straight-line method. Buildings are depreciated over 10 to 50 years and production equipment and other primarily over 25 years. The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value of such assets may not be recoverable. To determine recoverability, the Company compares the carrying value of the assets to the estimated future undiscounted cash flows. Measurement of an impairment loss for long-lived assets held for use is based on the fair value of the asset. The costs of major rebuilds, replacements and those expenditures that substantially increase the useful lives of existing property, plant, and equipment are capitalized, as well as interest costs associated with major capital projects until ready for their intended use. The cost of repairs and maintenance as well as planned shutdown maintenance performed on manufacturing facilities, composed of labor, materials and other incremental costs, is recognized as an expense in the Consolidated Statement of Operations as incurred. Leases which transfer to the Company substantially all the risks and benefits incidental to ownership of the leased item are capitalized at the present value of the minimum lease payments. Capital leases are depreciated over the lease term. Operating lease payments are recognized as an expense in the Consolidated Statement of Operations on a straight-line basis over the lease term. The Company provides for asset retirement obligations when there is a legislated or contractual basis for those obligations. An obligation is recorded as a liability at fair value in the period in which the Company incurs a legal obligation associated with the retirement of an asset. The associated costs are capitalized as part of the carrying value of the related asset and amortized over its remaining useful life. The liability is accreted using a risk-free interest rate. Government Grants The Company records investment grants from federal and state governments when the conditions of their receipt are complied with and there is reasonable assurance that the grants will be received . Grants related to assets are government grants whose primary condition is that the company qualifying for them should purchase, construct or otherwise acquire long-term assets. Secondary conditions may also be attached, including restricting the type or location of the assets and/or other conditions that must be met. Grants related to assets are deducted from the asset costs in the Consolidated Balance Sheet. Grants related to income are government grants which are either unconditional, related to reduced environmental emissions or related to the Company’s normal business operations, and are reported as a reduction of related expenses in the Consolidated Statement of Operations when the conditions of their receipt are complied with and there is reasonable assurance that the grants will be received . The Company is required to pay certain fees based on water consumption levels at its German mills. Accrued fees can be reduced upon the mills ’ demonstration of reduced wastewater emissions. The fees are expensed as incurred and the fee reduction is recognized once the Company has reasonable assurance that the German regulators will accept the reduced level of wastewater emissions. There may be a significant period of time between recognition of the wastewater expense and recognition of the wastewater fee reduction. Note 1. The Company and Summary of Significant Accounting Policies (continued) Pensions The Company maintains a defined benefit pension plan for its salaried employees at its Celgar mill which is funded and non-contributory. The cost of the benefits earned by the salaried employees is determined using the projected benefit method prorated on services. The pension expense reflects the current service cost, the interest on the unfunded liability and the amortization over the estimated average remaining service life of the employees of (i) prior service costs, and (ii) the net actuarial gain or loss that exceeds 10% of the greater of the accrued benefit obligation and the fair value of plan assets as of the beginning of the year. The Company recognizes the net funded status of the plan. In addition, hourly-paid employees at the Celgar mill are covered by a multiemployer pension plan for which contributions are charged against earnings in the Consolidated Statement of Operations. Foreign Operations and Currency Translation The Company determines its foreign subsidiaries’ functional currency by reviewing the currency of the primary economic environment in which the foreign subsidiaries operate, which is normally the currency of the environment in which the foreign subsidiaries generate and expend cash. T he Company translates assets and liabilities of its non-U.S. dollar functional currency subsidiaries into U.S. dollars using the rate in effect at the balance sheet date and revenues and expenses are translated at the average rate of exchange throughout the period. Foreign currency translation gains and losses are recognized within accumulated other comprehensive income (loss) in shareholders’ equity. Transactions in foreign currencies are translated to the respective functional currencies of each operation using exchange rates at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies at the reporting date are translated to the functional currency using the exchange rate at that date. Non-monetary assets and liabilities denominated in foreign currencies are translated to the functional currency using historical exchange rates. Gains and losses resulting from foreign currency transactions are included in costs and expenses in the Consolidated Statement of Operations. Where inter company loans are of a long-term investment nature, the after-tax effect of exchange rate changes are included as an unrealized foreign currency translation adjustment within accumulated other comprehensive income in shareholders’ equity. Revenue Recognition The Company recognizes revenue from pulp and chemical sales when persuasive evidence of an arrangement exists, the sales price is fixed or determinable, title of ownership and risk of loss have passed to the customer and collectability is reasonably assured. Sales are reported net of discounts and allowances. The Company reports revenue from sales of surplus electricity and the sale of chemicals as “energy and chemicals” revenue in the Consolidated Statement of Operations. Energy revenues are recognized as the electricity is consumed by customers and when collection is reasonably assured. These revenues include an estimate of the value of electricity transferred to customers in the period but billed subsequent to period-end. Customer bills are based on agreed upon rates and meter readings that indicate electricity consumption. Shipping and Handling Costs Amounts charged to customers for shipping and handling costs are recognized as revenue in the Consolidated Statement of Operations. Shipping and handling costs incurred by the Company are included in operating costs in the Consolidated Statement of Operations. Note 1. The Company and Summary of Significant Accounting Policies (continued) Stock-Based Compensation The Company recognizes stock-based compensation expense over an award ’ s requisite service period based on the award’s fair value in selling, general, and administrative expenses within the Consolidated Statement of Operations. The Company issues new shares upon the exercise of stock-based compensation awards. For performance share units (“PSUs”) which have the same grant and service inception date, the fair value is based upon the targeted number of shares to be awarded and the quoted market price of the Company’s shares at that date. For PSUs where the service inception date precedes the grant date, the fair value is based upon the targeted number of shares awarded and the quoted price of the Company’s shares at each reporting date up to the grant date. The target number of shares is determined using management ’ s best estimate. The final determination of the number of shares to be granted is made by the Company’s Board of Directors . The Company estimates forfeitures of PSUs based on management ’ s expectations and recognizes compensation cost only for those awards expected to vest. Estimated forfeitures are adjusted to actual experience at each balance sheet date. The fair value of restricted shares is determined based upon the number of shares granted and the quoted price of the Company’s shares on the date of grant. Income Taxes Deferred income taxes are recognized using the asset and liability method, whereby deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and operating loss and tax credit carryforwards. Valuation allowances are provided if, after considering both positive and negative available evidence, it is more likely than not that some or all of the net deferred tax assets will not be realized. Deferred income taxes are determined separately for each tax-paying component of the Company. For each tax-paying component, all deferred tax liabilities and assets are offset and presented as a single net amount. Derivative Financial Instruments The Company occasionally enters into derivative financial instruments, including interest rate swaps and pulp price swaps to limit exposures to changes in interest rates and pulp prices. These derivative instruments are not designated as hedging instruments and accordingly, are recorded at fair value on the Consolidated Balance Sheet with the changes in fair value recognized in gain (loss) on derivative instruments in the Consolidated Statement of Operations. Periodically, the Company enters into derivative contracts to supply materials for its own use and as such are exempt from mark-to-market accounting. Fair Value Measurements The fair value methodologies and, as a result, the fair value of the Company’s financial instruments are determined based on the fair value hierarchy provided in the Fair Value Measurements and Disclosures topic of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification, and are as follows: Level 1 – Valuations based on quoted prices in active markets for identical assets and liabilities. Level 2 – Valuations based on observable inputs in active markets for similar assets and liabilities, other than Level 1 prices, such as quoted commodity prices or interest or currency exchange rates. Level 3 – Valuations based on significant unobservable inputs that are supported by little or no market activity, such as discounted cash flow methodologies based on internal cash flow forecasts. The financial instrument’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Note 1. The Company and Summary of Significant Accounting Policies (continued) Net Income (Loss) Per Share Attributable to Common Shareholders Basic net income (loss) per share attributable to common shareholders (“EPS”) is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding in the period. Diluted income (loss) per share attributable to common shareholders is calculated to give effect to all potentially dilutive common shares outstanding by applying the “Treasury Stock” and “If-Converted” methods. Outstanding stock options, restricted shares, performance shares and PSUs represent the only potentially dilutive effects on the Company’s weighted average shares. New Accounting Pronouncements Accounting Pronouncements Implemented In April 2015, the Financial Accounting Standards Board issued Accounting Standards Update 2015-03, Simplifying the Presentation of Debt Issuance Costs ( “ ASU 2015-03 ” ) which requires debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying value of the associated debt, consistent with the presentation of a debt discount. Amortization of debt issuance costs shall continue to be reported as interest expense over the term of the related debt instrument. This standard is effective for financial statements issued for fiscal years beginning after December 15, 2015 and should be applied retrospectively to all periods presented . Early application is permitted for all entities at the beginning of an interim or annual reporting period. The Company has elected to early adopt ASU 2015-03 and as at December 31, 2015 $11,957 (2014 – $13,842 ) has been reclassified from intangible and other assets to long-term debt on the Consolidated Balance Sheets. The Company has not reclassified commitment fees related to revolving credit facilities due to their variable outstanding balances, and will continue to amortize these fees to interest expense over the term of the related revolving credit facility. In November 2015, the Financial Accounting Standards Board issued Accounting Standards Update 2015-17, Balance Sheet Classification of Deferred Taxes ( “ ASU 2015-17 ” ) which requires deferred tax liabilities and assets to be presented as long-term in the balance sheet. This standard is effective for financial statements issued for fiscal years beginning after December 15, 2016 and may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. Early application is permitted for all entities as of the beginning of an interim or annual reporting period. The Company has elected to early adopt ASU 2015-17 and as at December 31, 2015 $19,473 (2014 – $19,968 ) has been reclassified from current deferred income tax assets wit h $12,595 (2014 – $13,232 ) being reclassified to long-term deferred income tax assets and $6,878 (2 014 – $6,736 ) being reclassified to long-term deferred income tax liabilities on the Consolidated Balance Sheets. Accounting Pronouncements Not Yet Implemented In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update 2014-09 , Revenue Recognition – Revenue from Contracts with Customers ( “ ASU 2014-09 ” ) that requires companies to recognize revenue when a customer obtains control rather than when companies have transferred substantially all risks and rewards of a good or service. This update is effective for annual reporting periods beginning on or after December 15, 2017 and interim periods therein and requires expanded disclosures. The Company is currently assessing the impact, if any, the adoption of ASU 2014-09 will have on its consolidated financial statements. In July 2015, the Financial Accounting Standards Board issued Accounting Standards Update 2015-11, Simplifying the Measurement of Inventory ( “ ASU 2015-11 ” ) which requires that inventory within the scope of this update, including inventory stated at average cost, be measured at the lower of cost and net realizable value. This update is effective for financial statements issued for fiscal years beginning after December 15, 2016, with early adoption permitted as of the beginning of an interim or annual reporting period. The adoption of this accounting guidance will not materially impact the Company’s financial position.

Accounts Receivables

Accounts Receivables	12 Months Ended
	Dec. 31, 2015
Accounts Receivables [Abstract]
Accounts Receivables	Note 2 . Accounts Receivable December 31, 2015 2014 Sale of pulp, energy and chemicals, net of allowance of $15 (2014 – $29 ) $ 119,359 $ 133,586 Other non-trade receivables 14,895 7,502 $ 134,254 $ 141,088 Included within other non-trade receivables is approximately C$8.5 million ( $6,109 ) related to a settlement with a utility provider in connection to a fee structure dispute . The settlement was approved by a governing utilities regulatory agency in December 2015 and payment was received in January 2016.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2015
Inventories [Abstract]
Inventories	Note 3 . Inventories December 31, 2015 2014 Raw materials $ 57,592 $ 52,877 Finished goods 36,829 45,090 Spare parts and other 46,580 48,609 $ 141,001 $ 146,576

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Note 4. Property, Plant and Equipment December 31, 2015 2014 Land $ 27,625 $ 30,803 Buildings 154,047 172,626 Production and other equipment 1,299,076 1,422,828 1,480,748 1,626,257 Less: accumulated depreciation (718,357) (743,107) $ 762,391 $ 883,150 As at December 31, 2015 , property, plant and equipment was net of $253,178 of unam ortized government investment grants ( 2014 – $305,045 ). As at December 31, 2015 , included in production and other equipment is equipment under capital leases which had gross amounts of $16,233 ( 2014 – $20,325 ), and accumulated depreciation of $8,395 ( 2014 – $6,218 ). During the year, production and other equ ipment totalling $70 was acquired under capital lease obligations ( 2014 – $2,960 ; 2013 – $2,112 ). The Com pany maintains industrial landfills on its premises for the disposal of waste, primarily from the mills’ pulp processing activities. The mills have obligations under their landfill permits to decommission these disposal facilities pursuant to certain regulations. As at December 31, 2015 , the Company had recorde d $4,620 ( 20 14 – $4,798 ) of asset retirement obligations in capital leases and other in the Consolidated Balance Sheet.

Accounts Payable and Other

Accounts Payable and Other	12 Months Ended
	Dec. 31, 2015
Accounts Payable and Other [Abstract]
Accounts Payable and Other	Note 5 . Accounts Payable and Other December 31, 2015 2014 Trade payables $ 20,637 $ 22,729 Accrued expenses 55,648 52,968 Interest rate derivative liability, current portion (Note 14) 10,380 14,832 Other 9,367 11,696 $ 96,032 $ 102,225

Debt

Debt	12 Months Ended
	Dec. 31, 2015
Debt [Abstract]
Debt	Note 6 . Debt Debt consists of the following: December 31, 2015 2014 2019 Senior Notes, unsecured, $250,000 face value (a) $ 245,689 $ 244,711 2022 Senior Notes, unsecured, $400,000 face value (a) 392,354 391,447 Payment-in-kind note (b) - 12,101 Revolving credit facilities €75.0 million (c) - 25,412 C$40.0 million (d) - - €25.0 million (e) - - €5.0 million (f) - - 638,043 673,671 Less: current portion - (12,101) Debt, less current portion $ 638,043 $ 661,570 As at December 31 , 2015, the maturities of the principal portion of debt are as follows: Matures Amount 2016 $ - 2017 - 2018 - 2019 250,000 2020 - Thereafter 400,000 $ 650,000 Certain of the Company’s debt instruments were issued under agreements which, among other things, may limit its ability and the ability of its subsidiaries to make certain payments, including dividends. These limitations are subject to specific exceptions. As at December 31, 2015 , the Company is in compliance with the terms of its debt agreements. Note 6. Debt (continued) (a) On November 26, 2014 , the Company issued $650,000 of senior notes consisting of $250,000 in aggregate principal amount of 7.00% senior notes which mature on December 1, 2019 ( “ 2019 Senior Notes ” ) and $400,000 in aggregate principal amount of 7.75% senior notes which mature on December 1, 2022 ( “ 2022 Senior Notes ” and collectively with the 2019 Senior Notes, the “ Senior Notes ” ). The Senior Notes were issued at a price of 100% of their principal amount. Upon their issuance the Senior Notes were recorded at $635,949 which included debt issuance costs of $14,051 . These costs were proportionally allocated to the 2019 Senior Notes and the 2022 Senior Notes. The Senior Notes are general unsecured senior obligations of the Company. They rank equal in right of payment with all existing and future unsecured senior indebtedness of the Company and are senior in right of payment to any current or future subordinated indebtedness of the Company. The Senior Notes are effectively junior in right of payment to all existing and future secured indebtedness, to the extent of the assets securing such indebtedness, and all indebtedness and liabilities of the Company’s subsidiaries. The Company may redeem all or a part of the Senior Notes, upon not less than 30 days ’ or more than 60 days ’ notice, at the redemption prices (expressed as percentages of principal amount) discussed below, plus accrued and unpaid interest to (but not including) the applicable redemption date. The 2019 Senior Notes redemption prices are equal to 103.50% for the twelve month period beginning on December 1, 2016 , 101.75% for the twelve month period beginning on December 1, 2017 , and 100.00% beginning on December 1, 2018 and at any time thereafter. The 2022 Senior Notes redemption prices are equal to 105.813% for the twelve month period beginning on December 1, 2017 , 103.875% for the twelve month period beginning on December 1, 2018 , 101.938% for the twelve month period beginning on December 1, 2019 , and 100.00% beginning on December 1, 2020 and at any time thereafter. (b) A €10.0 million payment-in-kind note due to the former noncontrolling shareholder of the Stendal mill which the Company redeemed on April 20, 2015 for a cash payment of €10.0 million ( $10,763 ). (c) A €75.0 million revolving credit facility at the Stendal mill that matures in October 2019 . Borrowings under the facility are collateralized by the mill ’ s inventory and accounts receivable and bear interest at Euribor plus 3.50% . As at December 31, 2015, approximately €75.0 million ( $81,443 ) was available. (d) A C$40.0 million revolving credit facility at the Celgar mill that matures in May 2019 . Borrowings under the facility are collateralized by the mill ’ s inventory and accounts receivable and are restricted by a borrowing base calculated on the mill ’ s inventory and accounts receivable . Canadian dollar denominated amounts bear interest at bankers acceptance plus 1.50% or Canadian prime . U.S. dollar denominated amounts bear interest at LIBOR plus 1.50% or U.S. base . As at December 31, 2015, approximately C$1.7 million ( $1,228 ) was supporting letters of credit and approximately C$38.3 million ( $27,674 ) was avail able. (e) A €25.0 million revolving credit facility at the Rosenthal mill that matures in October 2016 . Borrowings under the facility are collateralized by the mill ’ s inventory and accounts receivable and bear interest at Euribor plus 3.50% . As at December 31, 2015 , approximatel y € 3.1 million ( $3,324 ) of this facility was supporting bank guarantees leaving approximately € 21. 9 million ( $23,823 ) available. In February 2016 , the Company amended the facility, including extending its maturity date to October 2019 and reducing the applicable margin on borrowings from 3.50% to 2.95% . (f) A €5.0 million revolving credit facility at the Rosenthal mill that matures in December 2018 . Borrowings under this facility bear interest at the rate of the three -month Euribor plus 2.50% and are secured by certain land at the Rosenthal mill. As at December 31, 2015 approximately € 1.3 million ( $1,358 ) of this facility was supporting bank guarantees leaving approximately € 3.7 million ( $4,071 ) avail able .

Pension and Other Post-Retireme

Pension and Other Post-Retirement Benefit Obligations	12 Months Ended
	Dec. 31, 2015
Pension And Other Post-Retirement Benefit Obligations [Abstract]
Pension and Other Post-Retirement Benefit Obligations	Note 7 . Pension and Other Post-Retirement Benefit Obligations Defined Benefit Plans Included in pension and other post-retirement benefit obligations are amounts related to the Company’s Celgar and Rosenthal mil ls. The largest component of the s e obligation s is with respect to the Celgar mill which maintains a defined benefit pension plan and other post-retirement benefit plans for certain employees (the “ Celgar Defined Benefit Plans” ). Pension benefits are based on employees ’ earnings and years of service. The Celgar Defined Benefit Plans are funded by contributions from the Company based on actuarial estimates and s tatutory requirements. Information about the Celgar Defined Benefit Plans , in aggregate for the year ended December 31, 2015 is as follows: 2015 Pension Other Post-Retirement Benefits Total Change in benefit obligation Benefit obligation, December 31, 2014 $ 43,073 $ 28,465 $ 71,538 Service cost 121 798 919 Interest cost 1,427 984 2,411 Benefit payments (2,345) (587) (2,932) Actuarial gains (1,021) (3,988) (5,009) Foreign currency exchange rate changes (6,829) (4,394) (11,223) Benefit obligation, December 31, 2015 34,426 21,278 55,704 Reconciliation of fair value of plan assets Fair value of plan assets, December 31, 2014 35,653 - 35,653 Actual returns 107 - 107 Contributions 1,762 587 2,349 Benefit payments (2,345) (587) (2,932) Foreign currency exchange rate changes (5,731) - (5,731) Fair value of plan assets, December 31, 2015 29,446 - 29,446 Funded status, December 31, 2015 (1) $ (4,980) $ (21,278) $ (26,258) Components of the net benefit cost recognized Service cost $ 121 $ 798 $ 919 Interest cost 1,427 984 2,411 Expected return on plan assets (2,054) - (2,054) Amortization of unrecognized items 878 8 886 Net benefit costs $ 372 $ 1,790 $ 2,162 (1) The total of $26,345 on the Consolidated Balance Sheet also includes the pension liabilities of $87 relating to employees at the Company’s Rosenthal mill. Note 7 . Pension and Other Post-Retirement Benefit Obligations (continued) Information about the Celgar Defined Benefit Plans , in aggregate for the year ended December 31, 2014 is as follows: 2014 Pension Other Post-Retirement Benefits Total Change in benefit obligation Benefit obligation, December 31, 2013 $ 43,566 $ 28,458 $ 72,024 Service cost 121 724 845 Interest cost 1,836 1,244 3,080 Benefit payments (2,571) (825) (3,396) Actuarial losses 3,901 1,350 5,251 Foreign currency exchange rate changes (3,780) (2,486) (6,266) Benefit obligation, December 31, 2014 43,073 28,465 71,538 Reconciliation of fair value of plan assets Fair value of plan assets, December 31, 2013 35,372 - 35,372 Actual returns 3,829 - 3,829 Contributions 2,126 825 2,951 Benefit payments (2,571) (825) (3,396) Foreign currency exchange rate changes (3,103) - (3,103) Fair value of plan assets, December 31, 2014 35,653 - 35,653 Funded status, December 31, 2014 (1) $ (7,420) $ (28,465) $ (35,885) Components of the net benefit cost recognized Service cost $ 121 $ 724 $ 845 Interest cost 1,836 1,244 3,080 Expected return on plan assets (2,225) - (2,225) Amortization of unrecognized items 787 (12) 775 Net benefit costs $ 519 $ 1,956 $ 2,475 (1) The total of $36,014 on the Consolidated Balance Sheet also includes the pension liabilities of $129 relating to employees at the Company’s Rosenthal mill. The amortization of unrecognized items primarily relates to net actuarial losses. The Company expects to recognize approximately $781 of net actuarial losses in 2016. The Celgar Defined Benefit Plans do not have any net transition asset or obligation recognized as a reclassification adjustment of other comprehensive income. There are no plan assets that are expected to be returned to the Company in 2016. The Company anticipates that it will make contributions to the Celgar Defined Benefit Plans of app roximately $667 in 2016. Estimated future benefit payments under the Celgar Defined Benefit Plans are as follows: Pension Other Post-Retirement Benefits 2016 $ 2,223 $ 707 2017 2,220 749 2018 2,224 795 2019 2,232 840 2020 2,228 884 2021 – 2025 10,957 5,106 Note 7 . Pension and Other Post-Retirement Benefit Obligations (continued) Weighted Average Assumptions The weighted-average assumptions used to determine the benefit obligations at the measurement dates and the net periodic benefit costs were as follows: December 31, 2015 2014 2013 Benefit obligations Discount rate 4.00% 3.75% 4.50% Rate of compensation increase 2.50% 2.50% 2.75% Net benefit cost for year ended Discount rate 3.75% 4.50% 4.00% Rate of compensation increase 2.50% 2.75% 2.75% Expected rate of return on plan assets 6.40% 6.60% 6.60% The discount rate assumption is adjusted annually to reflect the rates available on high-quality debt instruments, with a duration that is expected to match the timing of expected pension and other post-retirement benefit obligations. High-quality debt instruments are corporate bonds with a rating of “ AA ” or better. The expected rate of return on plan assets is a management estimate based on, among other factors, historical long-term returns, expected asset mix and active management premium. The expected rate of compensation increase is a management estimate based on, among other factors, historical compensation increases and promotions, while considering current industry conditions, the terms of collective bargaining agreements with employees and the outlook for the industry. The assumed health care cost trend rates used to determine the other post-retirement benefit obligations were as follows: December 31, 2015 2014 Health care cost trend rate assumed for next year 6.50% 7.00% Rate to which the cost trend is assumed to decline (ultimate trend rate) 4.50% 4.50% Year that the rate reaches the ultimate trend rate 2020 2020 The expected health care cost trend rates are based on historical trends for these costs, as well as recently enacted health care legislation. The Company also compares health care cost trend rates to those of the industry. A on e-percentage point change in assumed health care cost trend rate would h ave the following effect on other post-retirement benefit obligations: December 31, 2015 December 31, 2014 1% 1% 1% 1% Increase Decrease Increase Decrease Effect on total service and interest rate components $ 36 $ (39) $ 54 $ (56) Effect on other post-retirement benefit obligations $ 613 $ (598) $ 830 $ (806) Note 7. Pension and Other Post-Retirement Benefit Obligations (continued) Investment Objective and Asset Allocation The investment objective for the Celgar Defined Benefit Plans is to sufficiently diversify invested plan assets to maintain a reasonable level of risk without imprudently sacrificing the return on the invested funds, and ultimately to achieve a long-term total rate of return, net of fees and expenses, at least equal to the long-term interest rate assumptions used for funding actuarial valuations. To achieve this objective, the Company’s overall investment strategy is to maintain an investment allocation mix of long-term growth investments (equities) and fixed income investments (debt securities). Investment allocation targets have been established by asset class after considering the nature of the liabilities, long-term return expectations, the risks associated with key asset classes, inflation and interest rates and related management fees and expenses. In addition, the Celgar Defined Benefit Plans ’ investment strategy seeks to minimize risk beyond legislated requirements by constraining the investment managers ’ investment options. There are a number of specific constraints based on investment type, but they all have the general purpose of ensuring that the investments are fully diversified and that risk is appropriately managed. For example, no more than 10% of the book value of the assets can be invested in any one entity or group, investments in any one entity cannot exceed 30% of the voting shares and all equity holdings must be listed on a public exchange. Reviews of the investment objectives, key assumptions and the independent investment managers are performed periodically. The target asset allocation of the Celgar Defined Benefit Plans’ assets, based on the fair value of the assets held, is 60% equity securities and 40% debt securities. The following table presents the Celgar Defined Benefit Plans ’ assets fair value measurements at December 31, 2015: Asset Category Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Equity securities $ 17,772 $ - $ - $ 17,772 Debt securities 11,602 - - 11,602 Cash 72 - - 72 Total assets $ 29,446 $ - $ - $ 29,446 Concentrations of Risk in the Celgar Defined Benefit Plan s’ Assets The Company has reviewed the Celgar Defined Benefit Plans ’ investments and determined that they are allocated based on the specific investment manager ’ s stated investment strategy with only slight over- or under-weightings within any specific category, and that those investments are within the constraints that have been set by the Company. Those constraints include a limitation on the value that can be invested in any one entity or group and the investment category targets noted above. In addition, we have three independent investment managers. The Company has concluded that there are no significant concentrations of risk. Defined Contribution Plan Effective December 31, 2008, the Celgar Defined Benefit Plans were closed to new members. In addition, the defined benefit service accrual ceased on December 31, 2008, and members began to receive pension benefits, at a fixed contractual rate, under a new defined contribution plan effective January 1, 2009. During the year ended December 31, 2015 , the Company made co ntributions o f $ 646 ( 2014 – $759 ; 2 013 – $773 ), to this plan. Note 7. Pension and Other Post-Retirement Benefit Obligations (continued) Multiemployer Plan The Company participates in a multiemployer plan for the hourly-paid employees at the Celgar mill. The contributions to the plan are determined based on a percentage of pensionable earnings pursuant to a collective bargaining ag reement. The Company has no current or future contribution obligations in excess of the contractual contributions. Contributions during the year ended December 31, 2015 tota led $1,390 ( 2014 – $2,085 ; 2013 – $2,635 ). Plan details are included in the following table: Expiration Date of Are the Company's Provincially Collective Contributions Greater Than Registered Bargaining 5% of Total Contributions Legal name Plan Number Agreement 2015 2014 2013 April 30, The Pulp and Paper Industry Pension Plan P085324 2017 Yes Yes Yes

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Income Taxes	Note 8. Income Taxes Income (loss) before income taxes by taxing jurisdiction was as follows: Year Ended December 31, 2015 2014 2013 United States $ (27,788) $ (55,089) $ (31,032) Foreign 132,739 159,281 14,460 $ 104,951 $ 104,192 $ (16,572) The income tax benefit (provision) recognized in the Consolidated Statement of Operations for the years ended December 31, 2015, 2014 and 2013 is related to foreign tax jurisdictions. The Company’s effective income tax rate can be affected by many factors, including but not limited to, changes in the mix of earnings in tax jurisdictions with differing statutory rates, changes in corporate structure, changes in the valuation of deferred tax assets and liabilities, the result of audit examinations of previously filed tax returns and changes in tax laws. The asset and liability approach is used to recognize deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities. The Company and/or one or more of its subsidiaries file income tax returns in the United States (“U.S.”), Germany and Canada. Currently, the Company does not anticipate that the expiration of the statute of limitations or the completion of audits in the next fiscal year will result in liabilities for uncertain income tax positions that are materially different than the amounts accrued or disclosed as of December 31, 2015. However, this could change as tax years are examined by taxing authorities, the timing of those examinations, are uncertain at this time. The German tax authorities have completed examinations up to an d including the 2013 tax year for all but two German entities. For one of the German entities, 2008 to 2014 tax years are being examined and for the other entity, 2011 to 2014 tax years are being examined. The Company is generally not subject to U.S. or Canadian income tax examinations for tax years before 2012 and 2011, respectively. The Company believes that it has adequately provided for any reasonable foreseeable outcomes related to its tax audits and that any settlement will not have a material adverse effect on its consolidated results. The liability in the Consolidated Balance Sheet related to unrecognized tax benefits was $nil as at December 31, 2015 (2014 – $nil ). The Company recognizes interest and penalties related to unrecognized tax benefits in income tax benefit (provision) in the Consolidated Statement of Operations. During the year ended December 31, 2015, the Company recognized $nil in int erest and penalties (2014 – $nil ; 2013 – $nil ). Note 8. Income Taxes (continued) Differences between the U.S. Federal Statutory and the Company’s effective rates are as follows: Year Ended December 31, 2015 2014 2013 U.S. Federal statutory rate 35% 35% 35% U.S. Federal statutory rate on (income) loss before income taxes and noncontrolling interest $ (36,972) $ (36,467) $ 5,797 Tax differential on foreign income 9,330 11,295 736 Effect of foreign earnings (5,290) (9,998) (945) Valuation allowance (2,765) 52,906 (17,040) Tax benefit of partnership structure 5,217 5,987 5,942 Non-taxable foreign subsidies 2,281 1,263 1,696 True-up of prior year taxes 5,073 - (5,749) Foreign exchange on valuation allowance (5,005) (7,146) 254 Other (1,318) (1,066) 113 $ (29,449) $ 16,774 $ (9,196) Comprised of: Current $ (11,934) $ (5,242) $ 2,286 Deferred (17,515) 22,016 (11,482) $ (29,449) $ 16,774 $ (9,196) The amount included as true-up of prior year taxes primarily includes adjustments that have been offset with a change in valuation allowance. Deferred income tax assets and liabilities are composed of the following: December 31, 2015 2014 German tax loss carryforwards $ 75,668 $ 99,948 U.S. tax loss carryforwards and credits 65,957 54,892 Canadian tax loss carryforwards 217 1,661 Basis difference between income tax and financial reporting with respect to operating pulp mills (58,047) (61,205) Derivative financial instruments 1,862 5,043 Long-term debt (6,253) (3,889) Payable and accrued expenses 7,328 6,304 Deferred pension liability 6,911 9,413 Capital leases 1,146 2,450 Research and development expense pool 3,539 4,193 Other 2,282 3,183 100,610 121,993 Valuation allowance (90,627) (87,862) Net deferred tax asset $ 9,983 $ 34,131 Comprised of: Deferred income tax asset $ 23,154 $ 56,287 Deferred income tax liability (13,171) (22,156) Net deferred tax asset $ 9,983 $ 34,131 Note 8. Income Taxes (continued) The following table details the scheduled expiration dates of the Company’s net operating loss, interest and income tax credit carryforwards as at December 31, 2015: Amount Expiration Date Germany Operating loss $ 261,800 Indefinite Interest $ 127,300 Indefinite U.S. Operating loss $ 181,300 2018 – 2035 Tax credits $ 2,500 2020 – 2025 Canada Operating loss $ 800 2015 – 2035 Scientific research and experimental development tax credit $ 3,500 2030 – 2033 At each reporting period, the Company assesses whether it is more likely than not that the deferred tax assets will be realized, based on the review of all available positive and negative evidence, including future reversals of existing taxable temporary differences, estimates of future taxable income, past operating results and prudent and feasible tax planning strategies. The carrying value of our deferred tax assets reflects our expected ability to generate sufficient future taxable income in certain tax jurisdictions to utilize these deferred income tax benefits. Significant judgment is required when evaluating this positive and negative evidence. The following table summarizes the changes in valuation allowances related to net deferred tax assets: 2015 2014 Balance at January 1 $ 87,862 $ 140,768 Additions (reversals) U.S. 11,571 9,433 Canada (3,801) (3,660) Germany - (51,533) The impact of changes in foreign exchange rates (5,005) (7,146) Balance at December 31 $ 90,627 $ 87,862 As at December 31, 2015, the Company has recognized all deferred tax assets for its German entities and has not recognized deferred tax assets for its U.S. or Canadian entities. The Company has not provided U.S. income taxes and foreign withholding taxes on the undistributed earnings of foreign subsidiaries as at December 31, 2015 because it intends to permanently reinvest such earnings outside the U.S. If these foreign earnings were to be repatriated in the future, the related U.S. tax liability may be reduced by any foreign income taxes previously paid on these earnings. In addition, the Company has loss carryforwards which may be used to offset any current tax liability. As of December 31, 2015, the cumulative amount of earnings upon which U.S. income taxes have not been provided is approxim ately $299,100 . It is not practicable to estimate the income tax liability that might be incurred if such earnings were remitted to the U.S.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2015
Shareholders' Equity [Abstract]
Shareholders' Equity	Note 9 . Shareholders’ Equity Dividends During the year ended December 31, 2015, the Company’s Board of Directors declared the following quarterly dividends: Date Declared Dividend Per Common Share Amount July 30, 2015 $ 0.115 $ 7,418 October 29, 2015 0.115 7,418 $ 0.230 $ 14,836 Dividends are paid in the quarter subsequent to the quarter in which they were declared. In F ebruary 2016 , the Company’ s Board of Directors declared a quarterly dividend of $0.115 per common share. Payment of the dividend will be made on April 5, 2016 to all shareholders of record on March 28, 2016 . Future dividends are subject to approval by the Board of Directors and may be adjusted as business and industry conditions warrant. Share Capital Common shares On April 2, 2014 , the Company issued an aggregate of 8,050,000 common shares by way of public offering at a price of $7.15 per share for net proceeds of $53,859 after deducting the underwriters’ discounts and offering expenses. In September 2014 , the Company contributed $20,000 of the net proceeds to further capitalize the Stendal mill. The Company used the balance of the net proceeds for capital expenditures, including expansion of our wood procurement and logistics operations in Germany, and for general corporate purposes. Preferred shares The Company has authorized 50,000,000 preferred shares (2014 – 50,000,000 ) with $1 par value issuable in series, of which 2,000,000 shares have been designated as Series A. The preferred shares may be issued in one or more series and with such designations and preferences for each series as shall be stated in the resolutions providing for the designation and issue of each such series adopted by the Board of Directors of the Company. The Board of Directors is authorized by the Company’s articles of incorporation to determine the voting, dividend, redemption and liquidation preferences pertaining to each such series. As at December 31, 2015, no preferred shares had been issued by the Company. Stock Based Compensation In June 2010, the Company adopt ed a stock incentive plan (the “2010 Plan” ) which provides for options, restricted stock rights, restricted shares, performance shares, performance share units ( “ PSUs ” ) and stock appreciation rights to be awarded to employees, consultants and non-employee directors. During the year ended December 31, 2015 , there were no issued and outstanding restricted stock rights, performance shares or stock appreciation rights. As at December 31, 2015 , after factoring in all allo cated shares, there remain approximately 2 ,049,000 common sha res available for grant. PSUs PSUs comprise rights to receive common shares at a future date that are contingent on the Company and the grantee achieving certain performance objectives. The performance objective period is generally three years. For the year ended December 31, 2015, the Company recognized an expense of $1,819 rela ted to PSUs (2014 – $1,023 ; 2013 – $2,882 ) . Note 9 . Shareholders’ Equity (continued) The following table summarizes PSU activity during the year : Number of PSUs Weighted Average Grant Date Fair Value Per Unit Outstanding at January 1, 2015 969,544 $ 10.64 Granted 471,488 $ 12.95 Vested and issued (160,608) $ 12.96 Forfeited (24,505) $ 10.54 Outstanding at December 31, 2015 1,255,919 $ 11.21 The weighted-average grant date fair value per unit of all PSUs granted in 2014 and 2013 was $9.50 and $7.30 , respectively. The total fair value of PSUs vested and issued in 2015, 2014 and 2013 was $2,031 , $3,046 and $nil , respectively. Restricted Shares Restricted shares generally vest at the end of one year; however, 200,000 restricted shares granted during the year ended December 31, 2011 vest in equal amounts over a five -year period commencing in 2012. Expense recognized for the year ended December 31, 2015 was $59 0 (2014 – $563 ; 2013 – $692 ). As at December 31, 2015, the total remaining unrecognized compensation cost related to restricted shares amounted to approximately $244 w hich will be amortized over the remaining vesting periods . T he following table summarizes restricted share activity during the year : Number of Restricted Shares Weighted Average Grant Date Fair Value Per Share Outstanding at January 1, 2015 118,000 $ 11.58 Granted 38,000 $ 14.48 Vested and issued (78,000) $ 10.91 Outstanding at December 31, 2015 78,000 $ 13.65 The weighted-average grant date fair value per share of all restricted shares granted in 2014 and 2013 was $8.85 and $7.00 , respectively. The total fair value of restricted shares vested and issued in 2015, 2014 and 2013 was $1,096 , $670 and $532 , respectively. Stock Options During the year ended December 31, 2015 , no options were granted, no options expired , 30,000 stock options were exercised for proceeds of $219 and 25,000 stock options were cancelled in exchange for $1 54 . The Company has no stock options outstanding as at December 31, 2015 . Expense recognized for the year ended December 31, 2015 related to stock options was $nil (2014 – $nil ; 2013 – $nil ) .

Net Income (Loss) Per Share Att

Net Income (Loss) Per Share Attributable To Common Shareholders	12 Months Ended
	Dec. 31, 2015
Net Income (Loss) Per Share Attributable To Common Shareholders [Abstract]
Net Income (Loss) Per Share Attributable To Common Shareholders	Note 10 . Net Income (Loss) Per Share Attributable to Common Shareholders Year Ended December 31, 2015 2014 2013 Net income (loss) attributable to common shareholders Basic and diluted $ 75,502 $ 113,154 $ (26,375) Net income (loss) per share attributable to common shareholders Basic $ 1.17 $ 1.82 $ (0.47) Diluted $ 1.17 $ 1.81 $ (0.47) Weighted average number of common shares outstanding: Basic (1) 64,380,565 62,012,947 55,673,838 Effect of dilutive shares: PSUs 335,922 406,922 - Restricted shares 56,453 79,889 - Stock options 3,852 15,112 - Diluted 64,776,792 62,514,870 55,673,838 (1) For the year ended December 31, 2015, t he basic weighted average number of shares excludes 78,000 restricted shares which have been issued, but have not vested as at December 31, 2015 (2014 – 118,000 restricted shares; 2013 – 158,000 restricted shares). The calculation of diluted net income (loss) per share attributable to common shareholders does not assume the exercise of an y instruments that would have an anti-dilutive effect on net income per share. The following table summarizes the instruments excluded from the calculation of net income (loss) per share attributable to common shareholders because they were anti-dilutive: Year Ended December 31, 2015 2014 2013 PSUs - - 791,432 Restricted shares - - 158,000 Stock Options - - 75,000

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	12 Months Ended
	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated Other Comprehensive Income (Loss) [Text Block]	Note 1 1 . Accumulated Other Comprehensive Loss The components of accumulated other comprehensive loss are as follows: Year Ended December 31, 2015 2014 Foreign currency translation adjustments $ (156,223) $ (33,268) Unrecognized losses and prior service costs related to defined benefit plans (15,338) (19,287) Unrealized gains (losses) on marketable securities (13) 114 Accumulated other comprehensive loss $ (171,574) $ (52,441)

Noncontrolling Interest

Noncontrolling Interest	12 Months Ended
	Dec. 31, 2015
Noncontrolling Interest (Deficit) [Abstract]
Noncontrolling Interest (Deficit)	Note 1 2 . Noncontrolling Interest In September 2014 , concurrent with the settlement of all outstanding loans payable to the noncontrolling shareholder of the Stendal mill, the Company paid $444 ( €0.35 million) to acquire substantially all of the remaining shares of the noncontrolling interest and other rights in the Stendal mill. Accordingly, the Company included the noncontrolling interest in its consolidated results subsequent to this transaction. The increase in ownership was accounted for as an equity transaction and as a result, the noncontrolling interest was reduced by $2,949 and retained earnings, which includes legal fees of approximately $200 associated with the transaction, was reduced by $4,770 . In addition, the Company reclassified to retained earnings $18,985 of negative paid-in capital concurrent with the buyout of the noncontrolling interest in the Stendal mill.

Business Segment Information

Business Segment Information	12 Months Ended
	Dec. 31, 2015
Business Segment Information [Abstract]
Business Segment Information	Note 13 . Business Segment Information The Company has three operating segments, the individual pulp mills that are aggregated into one reportable business segment, market pulp, due to the similar economic characteristics of the mills. Accordingly, the results presented are those of the one reportable business segment. The following table presents net sales to external customers by product and by geographic area based on location of the customer: Year Ended December 31, 2015 2014 2013 Pulp revenues Germany $ 344,843 $ 346,879 $ 321,711 China 266,632 276,848 300,827 Other European Union countries (1) 210,218 250,952 224,988 Italy 53,919 80,730 65,654 Other Asia 43,981 69,711 49,855 U.S. 15,453 39,146 30,404 Other countries 11,191 9,366 2,748 946,237 1,073,632 996,187 Energy and chemical revenues Germany 75,776 91,375 79,948 Canada 11,191 10,105 12,250 $ 1,033,204 $ 1,175,112 $ 1,088,385 (1) Not including Germany or Italy; includes new entrant countries to the European Union from their time of admission. The following table presents total long-lived assets by geographic area based on location of the asset: December 31, 2015 2014 Germany $ 623,932 $ 711,368 Canada 138,459 171,782 $ 762,391 $ 883,150 In 2015 , one customer through several of its operations accounted for 1 6 % of the Company’s total pulp sales (2014 – one customer through several of its operations accounted for 13% ; 2013 – two customers through several of their operations accounted for 1 0 % and 11% , respectively).

Derivative Transactions

Derivative Transactions	12 Months Ended
	Dec. 31, 2015
Derivative Transactions [Abstract]
Derivative Transactions	Note 14 . Derivative Transactions The Company is exposed to certain market risks relating to its ongoing business. The Company seeks to manage these risks through internal risk management policies as well as, from time to time, the use of derivatives. The derivatives are measured at fair value with changes in fair value immediately recognized in gain (loss) on derivative instruments in the Consolidated Statement of Operations. The following table shows the derivative gains and losses by instrument type as they are recognized in gain (loss) on derivative instruments in the Consolidated Statement of Operations: Year Ended December 31, 2015 2014 2013 Interest rate derivative contract $ (935) $ 11,501 $ 22,476 Pulp price derivative contracts - - (2,767) $ (935) $ 11,501 $ 19,709 Interest Rate Derivative During 2002, the Company entered into certain variable-to-fixed interest rate swaps in connection with the Stendal mill with respect to an aggregate maximum amount of approximately € 612.6 million of the principal amount of the indebtedness under the Stendal mill ’ s senior project finance facility, which was settled in November 2014. Under the remaining interest rate swaps, the Company pays a fixed rate and receives a floating rate with the derivative payments being calculated on a notional amount. As at December 31, 2015, the contract has a fair value of €1 5.6 million ( $1 6 ,9 13 ; 2014 – $32,794 ) of which €9 . 6 million ( $1 0 , 380 ; 2014 – $14,832 ) is classified as current w ithin accounts payable and other and €6. 0 million ( $6, 533 ; 2014 – $17,962 ) i s classified as a long-term liability in the Consolidated Balance Sheet. The contract has an aggregate notional amoun t of € 192.4 million , a fixed interest rate of 5.28 % and matures in October 2017 . The Company has pledged as collateral cash in the amount of 67% of the fair value of the interest rate swap up to €8.5 million to the derivative counterparty. The calculation to determine the collateral is performed semi-annually, with the final calculation in October 2017. As at December 31, 2015 , the collateral was €8.5 million ( $9,230 ; 2014 – $10,286 ). This cash has been classified as restricted cash in the Consolidated Balance Sheet. The counterparty to the interest rate derivative is a bank that is a member of a banking syndicate that holds the Stend al €75.0 mi llion revolving credit facility and the Company does not anticipate non-performance by the bank. Credit Risk The Company’s credit risk is primarily attributable to cash held in bank accounts and accounts receivable. The Company maintains cash balances in foreign financial institutions in excess of insured limits. The Company limits its credit exposure on cash held in bank accounts by periodically investing cash in excess of short-term operating requirements and debt obligations in low risk government bonds, or similar debt instruments. The Company’s credit risk associated with the sale of pulp products is managed through setting credit limits, the purchase of credit insurance and for certain customers a letter of credit is received prior to shipping its product. Concentrations of credit risk on the sale of pulp products are with customers and agents based primarily in Germany, China and Italy. The carrying amount of cash and cash equivale nts of $99,629 , rest ricted cash of $9,230 and a ccounts receivable of $134,254 recorde d in the Consolidated Balance Sheet, net of any allowances for losses, represents the Company’s maximum exposure to credit risk.

Fair Value Measurement and Disc

Fair Value Measurement and Disclosure	12 Months Ended
	Dec. 31, 2015
Fair Value Measurement and Disclosure [Abstract]
Fair Value Measurement and Disclosure	Note 15 . Fair Value Measurement and Disclosure Due to their short-term maturity, the carrying amounts of cash and cash equivalents, restr icted cash, accounts receivable and accounts payable and other approximates their fair value. The fair value of the interest rate derivative liability classified as Level 2 is determined using a discounted cash flow model that use s as its basis readily observable market inputs, such as forward interest rates and yield curves observable at specified intervals. The observable inputs reflect market data obtained from independent sources , including the Euribor rate provided by the counterparty to the interest rate derivative . The fair value of debt classified as Level 2 is determined using quoted prices in a dealer market, or using recent market transactions. The fair value of debt classified as Level 3 was valued using a discounted cash flow model. The follo wing table presents a summary of the Company’s outstanding financial instruments and their estimated fair values under the fair value hierarchy: Fair value measurements at December 31, 2015 using: Description Level 1 Level 2 Level 3 Total Liabilities Interest rate derivative $ - $ 16,913 $ - $ 16,913 Debt Senior Notes - 654,625 - 654,625 $ - $ 671,538 $ - $ 671,538 Fair value measurements at December 31, 2014 using: Description Level 1 Level 2 Level 3 Total Liabilities Interest rate derivative $ - $ 32,794 $ - $ 32,794 Debt Senior Notes - 657,500 - 657,500 Revolving credit facilities - 25,412 - 25,412 Payment-in-kind note - - 12,101 12,101 $ - $ 715,706 $ 12,101 $ 727,807

Lease Commitments

Lease Commitments	12 Months Ended
	Dec. 31, 2015
Lease Commitments [Abstract]
Lease Commitments	Note 1 6 . Lease Commitments Minimum lease payments, primarily for various vehicles, and plant and equipment under capital and non-cancellable operating leases and the present value of net minimum payments at December 31, 2015 are as follows: Capital Operating Leases Leases 2016 $ 2,532 $ 1,380 2017 1,957 1,266 2018 1,327 1,261 2019 2,344 772 2020 240 - Thereafter 244 - Total 8,644 $ 4,679 Less: imputed interest 344 Total present value of minimum capitalized payments 8,300 Less: current portion of capital lease obligations 2,433 Long-term capital lease obligations $ 5,867 Note 1 6 . Lease Commitments (continued) In June 2015, the Company entered into certain non-cancellable capital leases for transportation vehicles that will be delivered in 2016, with total minimum lease payments of $12,656 over the 12 year term of the leases. The current portion of the capital lease obligations is included in accounts payable and other and the long-term portion is included in capital leases and other in the Consolidated Balance Sheet. Rent expense under operating leases was $2,271 for the year ended December 31, 2015 (2014 – $2,978 ; 2013 – $3,497 ).

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments And Contingencies [Abstract]
Commitments and Contingencies	Note 17 . Commitments and Contingencies (a) The Company is involved in legal actions and claims arising in the ordinary course of business. While the outcome of any legal actions and claims cannot be predicted with certainty, it is the opinion of management that the outcome of any such claim which is pending or threatened, either individually or on a combined basis, will not have a material adverse effect on the consolidated financial condition, results of operations or liquidity of the Company. (b) In 2012, as a result of a regular tax field audit for the Stendal mill, German public authorities commenced a preliminary investigation into past managers of the mill relating to whether certain settlement amounts received by the Stendal mill in 2007, 2010 and 2011 from the main contractor under the contract for the construction of the Stendal mill should have reduced the assessment base for the original investment subsidies granted to the mill by German authorities. The payments were made by the contractor to the Stendal mill to settle certain warranty, performance and remediation claims that the Stendal mill made against the contractor after completion of mill construction. The amounts under review aggregate approximately €8.3 million ( $9,013 ) . Investment subsidies received by the Stendal mill were generally based upon a percentage of the assessment base for subsidies of the mill. If the settlement payments received by the Stendal mill result in a reduction of the assessment base for subsidies under applicable German rules there could be a proportionate reduction in the investment subsidies and the difference could be repayable by the Stendal mill. The Stendal mill believes that it has properly recorded the settlement amounts received from the contractor and that the same do not reduce the assessment base for subsidies of the mill. While it is not reasonably possible to predict the outcome of the legal action and claim, it is the opinion of management that the outcome will not have a material adverse effect on the consolidated financial condition, results of operations or liquidity of the Company. (c) The Company is subject to regulations that require the handling and disposal of asbestos in a prescribed manner if a property undergoes a major renovation or demolition. Otherwise, the Company is not required to remove asbestos from its facilities. Generally asbestos is found on steam and condensate piping systems as well as certain cladding on buildings and in building insulation throughout older facilities. The Company’s obligation for the proper removal and disposal of asbestos products from the Company’s mills is a conditional asset retirement obligation. As a result of the longevity of the Company’s mills, due in part to the maintenance procedures and the fact that the Company does not have plans for major changes that require the removal of asbestos, the timing of the asbestos removal is indeterminate. As a result, the Company is currently unable to reasonably estimate the fair value of its asbestos removal and disposal obligation. The Company will recognize a liability in the period in which sufficient information is available to reasonably estimate its fair value.

The Company And Summary Of Si27

The Company And Summary Of Significant Accounting Policies (Policy)	12 Months Ended
	Dec. 31, 2015
The Company And Summary Of Significant Accounting Policies [Abstract]
Background	Background Mercer International Inc. (“Mercer Inc.”) i s a Washington corporation and its shares of common stock are quoted and listed for trading on the NASDAQ Global Market and the Toronto Stock Exchange. Mercer Inc. operates three pulp manufacturing facilities, one in Canada and two in Germany, and is one of the largest producers of market northern bleached softwood kraft (“NBSK”) pulp in the world. In these consolidated financial statements, unless otherwise indicated, all amounts are expressed in United States dollars (“U.S. dollars” or “$”). The symbol “€” refers to euros and the symbol “C$” refers to Canadian dollars.
Basis of Presentation	Basis of Presentation These consolidated financial statements contained herein include the accounts of Mercer Inc. and all of its subsidiaries (collectively, the “Company”). The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ( “ GAAP ” ). All significant inter company balances and transactions have been eliminated upon consolidation.
Use of Estimates	Use of Estimates Preparation of financial statements and related disclosures in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Significant management judgment is required in determining the accounting for, among other things, pensions and other post-retirement benefit obligations, deferred income taxes (valuation allowance and permanent reinvestment), depreciation and amortization, future cash flows associated with impairment testing for long-lived assets, legal liabilities and contingencies. Actual results could differ materially from these estimates, and changes in these estimates are recorded when known.
Cash and Cash Equivalents and Restricted Cash	Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents include cash held in bank accounts and highly liquid investments with original maturities of three months or less. Restricted cash is comprised of cash deposits that cannot be withdrawn without prior notice or penalty.
Accounts Receivable	Accounts Receivable Accounts receivable are recorded at cost, net of an allowance for doubtful accounts. The Company reviews the collectability of receivables at each reporting date. The Company maintains an allowance for doubtful accounts at an amount estimated to cover the potential losses on certain uninsured receivables. Any amounts that are determined to be uncollectible and uninsured are offset against the allowance. The allowance is based on the Company’s evaluation of numerous factors, including the payment history and financial position of the debtors. For certain customers the Company receives a letter of credit prior to shipping its product.
Inventories	Inventories Inventories of raw materials, finished goods and work in progress are valued at the lower of cost, using the weighted-average cost method, or net realizable value. Other materials and spare parts are valued at the lower of cost and replacement cost. Cost includes labor, materials and production overhead and is determined by using the weighted average cost method. Raw materials inventories include both roundwood (logs) and wood chips. These inventories are located both at the pulp mills and at various offsite locations. In accordance with industry practice, physical inventory counts utilize standardized techniques to estimate quantities of roundwood and wood chip inventory volumes. These techniques historically have provided reasonable estimates of such inventories.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment is stated at cost less accumulated depreciation. Depreciation of buildings and production equipment is based on the estimated useful lives of the assets and is computed using the straight-line method. Buildings are depreciated over 10 to 50 years and production equipment and other primarily over 25 years. The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value of such assets may not be recoverable. To determine recoverability, the Company compares the carrying value of the assets to the estimated future undiscounted cash flows. Measurement of an impairment loss for long-lived assets held for use is based on the fair value of the asset. The costs of major rebuilds, replacements and those expenditures that substantially increase the useful lives of existing property, plant, and equipment are capitalized, as well as interest costs associated with major capital projects until ready for their intended use. The cost of repairs and maintenance as well as planned shutdown maintenance performed on manufacturing facilities, composed of labor, materials and other incremental costs, is recognized as an expense in the Consolidated Statement of Operations as incurred. Leases which transfer to the Company substantially all the risks and benefits incidental to ownership of the leased item are capitalized at the present value of the minimum lease payments. Capital leases are depreciated over the lease term. Operating lease payments are recognized as an expense in the Consolidated Statement of Operations on a straight-line basis over the lease term. The Company provides for asset retirement obligations when there is a legislated or contractual basis for those obligations. An obligation is recorded as a liability at fair value in the period in which the Company incurs a legal obligation associated with the retirement of an asset. The associated costs are capitalized as part of the carrying value of the related asset and amortized over its remaining useful life. The liability is accreted using a risk-free interest rate.
Government Grants	Government Grants The Company records investment grants from federal and state governments when the conditions of their receipt are complied with and there is reasonable assurance that the grants will be received . Grants related to assets are government grants whose primary condition is that the company qualifying for them should purchase, construct or otherwise acquire long-term assets. Secondary conditions may also be attached, including restricting the type or location of the assets and/or other conditions that must be met. Grants related to assets are deducted from the asset costs in the Consolidated Balance Sheet. Grants related to income are government grants which are either unconditional, related to reduced environmental emissions or related to the Company’s normal business operations, and are reported as a reduction of related expenses in the Consolidated Statement of Operations when the conditions of their receipt are complied with and there is reasonable assurance that the grants will be received . The Company is required to pay certain fees based on water consumption levels at its German mills. Accrued fees can be reduced upon the mills ’ demonstration of reduced wastewater emissions. The fees are expensed as incurred and the fee reduction is recognized once the Company has reasonable assurance that the German regulators will accept the reduced level of wastewater emissions. There may be a significant period of time between recognition of the wastewater expense and recognition of the wastewater fee reduction.
Pensions	Pensions The Company maintains a defined benefit pension plan for its salaried employees at its Celgar mill which is funded and non-contributory. The cost of the benefits earned by the salaried employees is determined using the projected benefit method prorated on services. The pension expense reflects the current service cost, the interest on the unfunded liability and the amortization over the estimated average remaining service life of the employees of (i) prior service costs, and (ii) the net actuarial gain or loss that exceeds 10% of the greater of the accrued benefit obligation and the fair value of plan assets as of the beginning of the year. The Company recognizes the net funded status of the plan. In addition, hourly-paid employees at the Celgar mill are covered by a multiemployer pension plan for which contributions are charged against earnings in the Consolidated Statement of Operations.
Foreign Operations and Currency Translation	Foreign Operations and Currency Translation The Company determines its foreign subsidiaries’ functional currency by reviewing the currency of the primary economic environment in which the foreign subsidiaries operate, which is normally the currency of the environment in which the foreign subsidiaries generate and expend cash. T he Company translates assets and liabilities of its non-U.S. dollar functional currency subsidiaries into U.S. dollars using the rate in effect at the balance sheet date and revenues and expenses are translated at the average rate of exchange throughout the period. Foreign currency translation gains and losses are recognized within accumulated other comprehensive income (loss) in shareholders’ equity. Transactions in foreign currencies are translated to the respective functional currencies of each operation using exchange rates at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies at the reporting date are translated to the functional currency using the exchange rate at that date. Non-monetary assets and liabilities denominated in foreign currencies are translated to the functional currency using historical exchange rates. Gains and losses resulting from foreign currency transactions are included in costs and expenses in the Consolidated Statement of Operations. Where inter company loans are of a long-term investment nature, the after-tax effect of exchange rate changes are included as an unrealized foreign currency translation adjustment within accumulated other comprehensive income in shareholders’ equity.
Revenue Recognition	Revenue Recognition The Company recognizes revenue from pulp and chemical sales when persuasive evidence of an arrangement exists, the sales price is fixed or determinable, title of ownership and risk of loss have passed to the customer and collectability is reasonably assured. Sales are reported net of discounts and allowances. The Company reports revenue from sales of surplus electricity and the sale of chemicals as “energy and chemicals” revenue in the Consolidated Statement of Operations. Energy revenues are recognized as the electricity is consumed by customers and when collection is reasonably assured. These revenues include an estimate of the value of electricity transferred to customers in the period but billed subsequent to period-end. Customer bills are based on agreed upon rates and meter readings that indicate electricity consumption.
Shipping and Handling Costs	Shipping and Handling Costs Amounts charged to customers for shipping and handling costs are recognized as revenue in the Consolidated Statement of Operations. Shipping and handling costs incurred by the Company are included in operating costs in the Consolidated Statement of Operations.
Stock-Based Compensation	Stock-Based Compensation The Company recognizes stock-based compensation expense over an award ’ s requisite service period based on the award’s fair value in selling, general, and administrative expenses within the Consolidated Statement of Operations. The Company issues new shares upon the exercise of stock-based compensation awards. For performance share units (“PSUs”) which have the same grant and service inception date, the fair value is based upon the targeted number of shares to be awarded and the quoted market price of the Company’s shares at that date. For PSUs where the service inception date precedes the grant date, the fair value is based upon the targeted number of shares awarded and the quoted price of the Company’s shares at each reporting date up to the grant date. The target number of shares is determined using management ’ s best estimate. The final determination of the number of shares to be granted is made by the Company’s Board of Directors . The Company estimates forfeitures of PSUs based on management ’ s expectations and recognizes compensation cost only for those awards expected to vest. Estimated forfeitures are adjusted to actual experience at each balance sheet date. The fair value of restricted shares is determined based upon the number of shares granted and the quoted price of the Company’s shares on the date of grant.
Income Taxes	Income Taxes Deferred income taxes are recognized using the asset and liability method, whereby deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and operating loss and tax credit carryforwards. Valuation allowances are provided if, after considering both positive and negative available evidence, it is more likely than not that some or all of the net deferred tax assets will not be realized. Deferred income taxes are determined separately for each tax-paying component of the Company. For each tax-paying component, all deferred tax liabilities and assets are offset and presented as a single net amount.
Derivative Financial Instruments	Derivative Financial Instruments The Company occasionally enters into derivative financial instruments, including interest rate swaps and pulp price swaps to limit exposures to changes in interest rates and pulp prices. These derivative instruments are not designated as hedging instruments and accordingly, are recorded at fair value on the Consolidated Balance Sheet with the changes in fair value recognized in gain (loss) on derivative instruments in the Consolidated Statement of Operations. Periodically, the Company enters into derivative contracts to supply materials for its own use and as such are exempt from mark-to-market accounting.
Fair Value Measurements	Fair Value Measurements The fair value methodologies and, as a result, the fair value of the Company’s financial instruments are determined based on the fair value hierarchy provided in the Fair Value Measurements and Disclosures topic of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification, and are as follows: Level 1 – Valuations based on quoted prices in active markets for identical assets and liabilities. Level 2 – Valuations based on observable inputs in active markets for similar assets and liabilities, other than Level 1 prices, such as quoted commodity prices or interest or currency exchange rates. Level 3 – Valuations based on significant unobservable inputs that are supported by little or no market activity, such as discounted cash flow methodologies based on internal cash flow forecasts. The financial instrument’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.
Net Income (Loss) Per Share Attributable To Common Shareholders	Net Income (Loss) Per Share Attributable to Common Shareholders Basic net income (loss) per share attributable to common shareholders (“EPS”) is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding in the period. Diluted income (loss) per share attributable to common shareholders is calculated to give effect to all potentially dilutive common shares outstanding by applying the “Treasury Stock” and “If-Converted” methods. Outstanding stock options, restricted shares, performance shares and PSUs represent the only potentially dilutive effects on the Company’s weighted average shares.
New Accounting Pronouncements	New Accounting Pronouncements Accounting Pronouncements Implemented In April 2015, the Financial Accounting Standards Board issued Accounting Standards Update 2015-03, Simplifying the Presentation of Debt Issuance Costs ( “ ASU 2015-03 ” ) which requires debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying value of the associated debt, consistent with the presentation of a debt discount. Amortization of debt issuance costs shall continue to be reported as interest expense over the term of the related debt instrument. This standard is effective for financial statements issued for fiscal years beginning after December 15, 2015 and should be applied retrospectively to all periods presented . Early application is permitted for all entities at the beginning of an interim or annual reporting period. The Company has elected to early adopt ASU 2015-03 and as at December 31, 2015 $11,957 (2014 – $13,842 ) has been reclassified from intangible and other assets to long-term debt on the Consolidated Balance Sheets. The Company has not reclassified commitment fees related to revolving credit facilities due to their variable outstanding balances, and will continue to amortize these fees to interest expense over the term of the related revolving credit facility. In November 2015, the Financial Accounting Standards Board issued Accounting Standards Update 2015-17, Balance Sheet Classification of Deferred Taxes ( “ ASU 2015-17 ” ) which requires deferred tax liabilities and assets to be presented as long-term in the balance sheet. This standard is effective for financial statements issued for fiscal years beginning after December 15, 2016 and may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. Early application is permitted for all entities as of the beginning of an interim or annual reporting period. The Company has elected to early adopt ASU 2015-17 and as at December 31, 2015 $19,473 (2014 – $19,968 ) has been reclassified from current deferred income tax assets wit h $12,595 (2014 – $13,232 ) being reclassified to long-term deferred income tax assets and $6,878 (2 014 – $6,736 ) being reclassified to long-term deferred income tax liabilities on the Consolidated Balance Sheets. Accounting Pronouncements Not Yet Implemented In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update 2014-09 , Revenue Recognition – Revenue from Contracts with Customers ( “ ASU 2014-09 ” ) that requires companies to recognize revenue when a customer obtains control rather than when companies have transferred substantially all risks and rewards of a good or service. This update is effective for annual reporting periods beginning on or after December 15, 2017 and interim periods therein and requires expanded disclosures. The Company is currently assessing the impact, if any, the adoption of ASU 2014-09 will have on its consolidated financial statements. In July 2015, the Financial Accounting Standards Board issued Accounting Standards Update 2015-11, Simplifying the Measurement of Inventory ( “ ASU 2015-11 ” ) which requires that inventory within the scope of this update, including inventory stated at average cost, be measured at the lower of cost and net realizable value. This update is effective for financial statements issued for fiscal years beginning after December 15, 2016, with early adoption permitted as of the beginning of an interim or annual reporting period. The adoption of this accounting guidance will not materially impact the Company’s financial position.

Accounts Receivables (Tables)

Accounts Receivables (Tables)	12 Months Ended
	Dec. 31, 2015
Accounts Receivables [Abstract]
Schedule of Accounts Receivables	December 31, 2015 2014 Sale of pulp, energy and chemicals, net of allowance of $15 (2014 – $29 ) $ 119,359 $ 133,586 Other non-trade receivables 14,895 7,502 $ 134,254 $ 141,088

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2015
Inventories [Abstract]
Components of Inventory	December 31, 2015 2014 Raw materials $ 57,592 $ 52,877 Finished goods 36,829 45,090 Spare parts and other 46,580 48,609 $ 141,001 $ 146,576

Property, Plant And Equipment (

Property, Plant And Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	December 31, 2015 2014 Land $ 27,625 $ 30,803 Buildings 154,047 172,626 Production and other equipment 1,299,076 1,422,828 1,480,748 1,626,257 Less: accumulated depreciation (718,357) (743,107) $ 762,391 $ 883,150

Accounts Payable and Other (Tab

Accounts Payable and Other (Tables)	12 Months Ended
	Dec. 31, 2015
Accounts Payable and Other [Abstract]
Schedule of Accounts Payable and Other	December 31, 2015 2014 Trade payables $ 20,637 $ 22,729 Accrued expenses 55,648 52,968 Interest rate derivative liability, current portion (Note 14) 10,380 14,832 Other 9,367 11,696 $ 96,032 $ 102,225

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2015
Debt [Abstract]
Schedule Of Debt	December 31, 2015 2014 2019 Senior Notes, unsecured, $250,000 face value (a) $ 245,689 $ 244,711 2022 Senior Notes, unsecured, $400,000 face value (a) 392,354 391,447 Payment-in-kind note (b) - 12,101 Revolving credit facilities €75.0 million (c) - 25,412 C$40.0 million (d) - - €25.0 million (e) - - €5.0 million (f) - - 638,043 673,671 Less: current portion - (12,101) Debt, less current portion $ 638,043 $ 661,570 (a) On November 26, 2014 , the Company issued $650,000 of senior notes consisting of $250,000 in aggregate principal amount of 7.00% senior notes which mature on December 1, 2019 ( “ 2019 Senior Notes ” ) and $400,000 in aggregate principal amount of 7.75% senior notes which mature on December 1, 2022 ( “ 2022 Senior Notes ” and collectively with the 2019 Senior Notes, the “ Senior Notes ” ). The Senior Notes were issued at a price of 100% of their principal amount. Upon their issuance the Senior Notes were recorded at $635,949 which included debt issuance costs of $14,051 . These costs were proportionally allocated to the 2019 Senior Notes and the 2022 Senior Notes. The Senior Notes are general unsecured senior obligations of the Company. They rank equal in right of payment with all existing and future unsecured senior indebtedness of the Company and are senior in right of payment to any current or future subordinated indebtedness of the Company. The Senior Notes are effectively junior in right of payment to all existing and future secured indebtedness, to the extent of the assets securing such indebtedness, and all indebtedness and liabilities of the Company’s subsidiaries. The Company may redeem all or a part of the Senior Notes, upon not less than 30 days ’ or more than 60 days ’ notice, at the redemption prices (expressed as percentages of principal amount) discussed below, plus accrued and unpaid interest to (but not including) the applicable redemption date. The 2019 Senior Notes redemption prices are equal to 103.50% for the twelve month period beginning on December 1, 2016, 101.75% for the twelve month period beginning on December 1, 2017, and 100.00% beginning on December 1, 2018 and at any time thereafter. The 2022 Senior Notes redemption prices are equal to 105.813% for the twelve month period beginning on December 1, 2017, 103.875% for the twelve month period beginning on December 1, 2018, 101.938% for the twelve month period beginning on December 1, 2019, and 100.00% beginning on December 1, 2020 and at any time thereafter. (b) A €10.0 million payment-in-kind note due to the former noncontrolling shareholder of the Stendal mill which the Company redeemed on April 20, 2015 for a cash payment of €10.0 million ( $10,763 ). (c) A €75.0 million revolving credit facility at the Stendal mill that matures in October 2019 . Borrowings under the facility are collateralized by the mill ’ s inventory and accounts receivable and bear interest at Euribor plus 3.50% . As at December 31, 2015, approximately €75.0 million ( $81,443 ) was available. (d) A C$40.0 million revolving credit facility at the Celgar mill that matures in May 2019 . Borrowings under the facility are collateralized by the mill ’ s inventory and accounts receivable and are restricted by a borrowing base calculated on the mill ’ s inventory and accounts receivable . Canadian dollar denominated amounts bear interest at bankers acceptance plus 1.50% or Canadian prime . U.S. dollar denominated amounts bear interest at LIBOR plus 1.50% or U.S. base . As at December 31, 2015, approximately C$1.7 million ( $1,228 ) was supporting letters of credit and approximately C$38.3 million ( $27,674 ) was avail able. (e) A €25.0 million revolving credit facility at the Rosenthal mill that matures in October 2016 . Borrowings under the facility are collateralized by the mill ’ s inventory and accounts receivable and bear interest at Euribor plus 3.50% . As at December 31, 2015 , approximatel y € 3.1 million ( $3,324 ) of this facility was supporting bank guarantees leaving approximately € 21. 9 million ( $23,823 ) available. In February 2016, the Company amended the facility, including extending its maturity date to October 2019 and reducing the applicable margin on borrowings from 3.50% to 2.95%. A €5.0 million revolving credit facility at the Rosenthal mill that matures in December 2018. Borrowings under this facility bear interest at the rate of the three-month Euribor plus 2.50% and are secured by certain land at the Rosenthal mill. As at December 31, 2015 approximately € 1.3 million ($1,358) of this facility was supporting bank guarantees leaving approximately € 3.7 million ($4,071) available .
Principal Maturities Of Debt	Matures Amount 2016 $ - 2017 - 2018 - 2019 250,000 2020 - Thereafter 400,000 $ 650,000

Pension And Other Post-Retire33

Pension And Other Post-Retirement Benefit Obligations (Tables)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Pension And Other Post-Retirement Benefit Obligations [Abstract]
Schedule of Changes in Projected Benefit Obligations, Reconciliation of Fair Value of Plan Assets, and Components of Net Benefit Costs	2015 Pension Other Post-Retirement Benefits Total Change in benefit obligation Benefit obligation, December 31, 2014 $ 43,073 $ 28,465 $ 71,538 Service cost 121 798 919 Interest cost 1,427 984 2,411 Benefit payments (2,345) (587) (2,932) Actuarial gains (1,021) (3,988) (5,009) Foreign currency exchange rate changes (6,829) (4,394) (11,223) Benefit obligation, December 31, 2015 34,426 21,278 55,704 Reconciliation of fair value of plan assets Fair value of plan assets, December 31, 2014 35,653 - 35,653 Actual returns 107 - 107 Contributions 1,762 587 2,349 Benefit payments (2,345) (587) (2,932) Foreign currency exchange rate changes (5,731) - (5,731) Fair value of plan assets, December 31, 2015 29,446 - 29,446 Funded status, December 31, 2015 (1) $ (4,980) $ (21,278) $ (26,258) Components of the net benefit cost recognized Service cost $ 121 $ 798 $ 919 Interest cost 1,427 984 2,411 Expected return on plan assets (2,054) - (2,054) Amortization of unrecognized items 878 8 886 Net benefit costs $ 372 $ 1,790 $ 2,162 (1) The total of $26,345 on the Consolidated Balance Sheet also includes the pension liabilities of $87 relating to employees at the Company’s Rosenthal mill.	2014 Pension Other Post-Retirement Benefits Total Change in benefit obligation Benefit obligation, December 31, 2013 $ 43,566 $ 28,458 $ 72,024 Service cost 121 724 845 Interest cost 1,836 1,244 3,080 Benefit payments (2,571) (825) (3,396) Actuarial losses 3,901 1,350 5,251 Foreign currency exchange rate changes (3,780) (2,486) (6,266) Benefit obligation, December 31, 2014 43,073 28,465 71,538 Reconciliation of fair value of plan assets Fair value of plan assets, December 31, 2013 35,372 - 35,372 Actual returns 3,829 - 3,829 Contributions 2,126 825 2,951 Benefit payments (2,571) (825) (3,396) Foreign currency exchange rate changes (3,103) - (3,103) Fair value of plan assets, December 31, 2014 35,653 - 35,653 Funded status, December 31, 2014 (1) $ (7,420) $ (28,465) $ (35,885) Components of the net benefit cost recognized Service cost $ 121 $ 724 $ 845 Interest cost 1,836 1,244 3,080 Expected return on plan assets (2,225) - (2,225) Amortization of unrecognized items 787 (12) 775 Net benefit costs $ 519 $ 1,956 $ 2,475 (1) The total of $36,014 on the Consolidated Balance Sheet also includes the pension liabilities of $129 relating to employees at the Company’s Rosenthal mill.
Estimated future benefit payments	Pension Other Post-Retirement Benefits 2016 $ 2,223 $ 707 2017 2,220 749 2018 2,224 795 2019 2,232 840 2020 2,228 884 2021 – 2025 10,957 5,106
Summary of Key Assumptions	December 31, 2015 2014 2013 Benefit obligations Discount rate 4.00% 3.75% 4.50% Rate of compensation increase 2.50% 2.50% 2.75% Net benefit cost for year ended Discount rate 3.75% 4.50% 4.00% Rate of compensation increase 2.50% 2.75% 2.75% Expected rate of return on plan assets 6.40% 6.60% 6.60%
Assumed Health Care Cost Trend Rates	December 31, 2015 2014 Health care cost trend rate assumed for next year 6.50% 7.00% Rate to which the cost trend is assumed to decline (ultimate trend rate) 4.50% 4.50% Year that the rate reaches the ultimate trend rate 2020 2020
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates	December 31, 2015 December 31, 2014 1% 1% 1% 1% Increase Decrease Increase Decrease Effect on total service and interest rate components $ 36 $ (39) $ 54 $ (56) Effect on other post-retirement benefit obligations $ 613 $ (598) $ 830 $ (806)
Schedule of Allocation of Plan Assets	Asset Category Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Equity securities $ 17,772 $ - $ - $ 17,772 Debt securities 11,602 - - 11,602 Cash 72 - - 72 Total assets $ 29,446 $ - $ - $ 29,446
Schedule of Multiemployer Plan	Expiration Date of Are the Company's Provincially Collective Contributions Greater Than Registered Bargaining 5% of Total Contributions Legal name Plan Number Agreement 2015 2014 2013 April 30, The Pulp and Paper Industry Pension Plan P085324 2017 Yes Yes Yes

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	Year Ended December 31, 2015 2014 2013 United States $ (27,788) $ (55,089) $ (31,032) Foreign 132,739 159,281 14,460 $ 104,951 $ 104,192 $ (16,572)
Reconciliation Of Effective Tax Rate	Year Ended December 31, 2015 2014 2013 U.S. Federal statutory rate 35% 35% 35% U.S. Federal statutory rate on (income) loss before income taxes and noncontrolling interest $ (36,972) $ (36,467) $ 5,797 Tax differential on foreign income 9,330 11,295 736 Effect of foreign earnings (5,290) (9,998) (945) Valuation allowance (2,765) 52,906 (17,040) Tax benefit of partnership structure 5,217 5,987 5,942 Non-taxable foreign subsidies 2,281 1,263 1,696 True-up of prior year taxes 5,073 - (5,749) Foreign exchange on valuation allowance (5,005) (7,146) 254 Other (1,318) (1,066) 113 $ (29,449) $ 16,774 $ (9,196) Comprised of: Current $ (11,934) $ (5,242) $ 2,286 Deferred (17,515) 22,016 (11,482) $ (29,449) $ 16,774 $ (9,196)
Deferred Tax Assets And Liabilities	December 31, 2015 2014 German tax loss carryforwards $ 75,668 $ 99,948 U.S. tax loss carryforwards and credits 65,957 54,892 Canadian tax loss carryforwards 217 1,661 Basis difference between income tax and financial reporting with respect to operating pulp mills (58,047) (61,205) Derivative financial instruments 1,862 5,043 Long-term debt (6,253) (3,889) Payable and accrued expenses 7,328 6,304 Deferred pension liability 6,911 9,413 Capital leases 1,146 2,450 Research and development expense pool 3,539 4,193 Other 2,282 3,183 100,610 121,993 Valuation allowance (90,627) (87,862) Net deferred tax asset $ 9,983 $ 34,131 Comprised of: Deferred income tax asset $ 23,154 $ 56,287 Deferred income tax liability (13,171) (22,156) Net deferred tax asset $ 9,983 $ 34,131
Summary of valuation allowance	2015 2014 Balance at January 1 $ 87,862 $ 140,768 Additions (reversals) U.S. 11,571 9,433 Canada (3,801) (3,660) Germany - (51,533) The impact of changes in foreign exchange rates (5,005) (7,146) Balance at December 31 $ 90,627 $ 87,862
Summary Of Tax Carryforwards	Amount Expiration Date Germany Operating loss $ 261,800 Indefinite Interest $ 127,300 Indefinite U.S. Operating loss $ 181,300 2018 – 2035 Tax credits $ 2,500 2020 – 2025 Canada Operating loss $ 800 2015 – 2035 Scientific research and experimental development tax credit $ 3,500 2030 – 2033

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2015
Shareholders' Equity [Line Items]
Summary of Dividends Declared	Date Declared Dividend Per Common Share Amount July 30, 2015 $ 0.115 $ 7,418 October 29, 2015 0.115 7,418 $ 0.230 $ 14,836
Performance Share Units [Member]
Shareholders' Equity [Line Items]
Summary Of Share Based Compensation Arrangement Activity	Number of PSUs Weighted Average Grant Date Fair Value Per Unit Outstanding at January 1, 2015 969,544 $ 10.64 Granted 471,488 $ 12.95 Vested and issued (160,608) $ 12.96 Forfeited (24,505) $ 10.54 Outstanding at December 31, 2015 1,255,919 $ 11.21
Restricted Stock [Member]
Shareholders' Equity [Line Items]
Summary Of Share Based Compensation Arrangement Activity	Number of Restricted Shares Weighted Average Grant Date Fair Value Per Share Outstanding at January 1, 2015 118,000 $ 11.58 Granted 38,000 $ 14.48 Vested and issued (78,000) $ 10.91 Outstanding at December 31, 2015 78,000 $ 13.65

Net Income (Loss) Per Share A36

Net Income (Loss) Per Share Attributable To Common Shareholders (Tables)	12 Months Ended
	Dec. 31, 2015
Net Income (Loss) Per Share Attributable To Common Shareholders [Abstract]
Schedule Of Net Income (Loss) Per Share Attributable To Common Shareholders	Year Ended December 31, 2015 2014 2013 Net income (loss) attributable to common shareholders Basic and diluted $ 75,502 $ 113,154 $ (26,375) Net income (loss) per share attributable to common shareholders Basic $ 1.17 $ 1.82 $ (0.47) Diluted $ 1.17 $ 1.81 $ (0.47) Weighted average number of common shares outstanding: Basic (1) 64,380,565 62,012,947 55,673,838 Effect of dilutive shares: PSUs 335,922 406,922 - Restricted shares 56,453 79,889 - Stock options 3,852 15,112 - Diluted 64,776,792 62,514,870 55,673,838 (1) For the year ended December 31, 2015, t he basic weighted average number of shares excludes 78,000 restricted shares which have been issued, but have not vested as at December 31, 2015 (2014 – 118,000 restricted shares; 2013 – 158,000 restricted shares).
Schedule of Antidilutive Instruments Excluded from Computation of Net Income Per Share	Year Ended December 31, 2015 2014 2013 PSUs - - 791,432 Restricted shares - - 158,000 Stock Options - - 75,000

Accumulated Other Comprehensi37

Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	Year Ended December 31, 2015 2014 Foreign currency translation adjustments $ (156,223) $ (33,268) Unrecognized losses and prior service costs related to defined benefit plans (15,338) (19,287) Unrealized gains (losses) on marketable securities (13) 114 Accumulated other comprehensive loss $ (171,574) $ (52,441)

Business Segment Information (T

Business Segment Information (Tables)	12 Months Ended
	Dec. 31, 2015
Business Segment Information [Abstract]
Schedule Of Net Sales To External Customers By Geographic Area Based On Location Of The Customer	Year Ended December 31, 2015 2014 2013 Pulp revenues Germany $ 344,843 $ 346,879 $ 321,711 China 266,632 276,848 300,827 Other European Union countries (1) 210,218 250,952 224,988 Italy 53,919 80,730 65,654 Other Asia 43,981 69,711 49,855 U.S. 15,453 39,146 30,404 Other countries 11,191 9,366 2,748 946,237 1,073,632 996,187 Energy and chemical revenues Germany 75,776 91,375 79,948 Canada 11,191 10,105 12,250 $ 1,033,204 $ 1,175,112 $ 1,088,385 (1) Not including Germany or Italy; includes new entrant countries to the European Union from their time of admission.
Schedule Of Total Long-Lived Assets By Geographic Area Based On Location Of The Asset	December 31, 2015 2014 Germany $ 623,932 $ 711,368 Canada 138,459 171,782 $ 762,391 $ 883,150

Derivative Transactions (Tables

Derivative Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Derivative Transactions [Abstract]
Schedule of gains and losses by type of derivative recognized in gain (loss) on derivative instruments in the Consolidated Statement of Operations	Year Ended December 31, 2015 2014 2013 Interest rate derivative contract $ (935) $ 11,501 $ 22,476 Pulp price derivative contracts - - (2,767) $ (935) $ 11,501 $ 19,709

Fair Value Measurement and Di40

Fair Value Measurement and Disclosure (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Measurement and Disclosure [Abstract]
Outstanding Financial Instruments And Estimated Fair Values	Fair value measurements at December 31, 2015 using: Description Level 1 Level 2 Level 3 Total Liabilities Interest rate derivative $ - $ 16,913 $ - $ 16,913 Debt Senior Notes - 654,625 - 654,625 $ - $ 671,538 $ - $ 671,538 Fair value measurements at December 31, 2014 using: Description Level 1 Level 2 Level 3 Total Liabilities Interest rate derivative $ - $ 32,794 $ - $ 32,794 Debt Senior Notes - 657,500 - 657,500 Revolving credit facilities - 25,412 - 25,412 Payment-in-kind note - - 12,101 12,101 $ - $ 715,706 $ 12,101 $ 727,807

Lease Commitments (Tables)

Lease Commitments (Tables)	12 Months Ended
	Dec. 31, 2015
Lease Commitments [Abstract]
Schedule Of Minimum Future Payments Under Leases	Capital Operating Leases Leases 2016 $ 2,532 $ 1,380 2017 1,957 1,266 2018 1,327 1,261 2019 2,344 772 2020 240 - Thereafter 244 - Total 8,644 $ 4,679 Less: imputed interest 344 Total present value of minimum capitalized payments 8,300 Less: current portion of capital lease obligations 2,433 Long-term capital lease obligations $ 5,867

The Company And Summary Of Si42

The Company And Summary Of Significant Accounting Policies (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)
Summary of Significant Accounting Policies [Line Items]
Number of pulp mills | item	3
Cash And Cash Equivalents Maturity Period	3 months
Net actuarial gain (loss) percent that is exceeded for amortization	10.00%
Early adoption impact - deferred income tax assets, noncurrent	$ 23,154	$ 56,287
Early adoption impact - deferred income tax liabilities, noncurrent	13,171	22,156
Accounting Standards Update 2015-03 [Member]
Summary of Significant Accounting Policies [Line Items]
Early adoption impact - deferred note issuance costs	11,957	13,842
Accounting Standards Update 2015-17 [Member]
Summary of Significant Accounting Policies [Line Items]
Early adoption impact - deferred income tax assets, current	19,473	19,968
Early adoption impact - deferred income tax assets, noncurrent	12,595	13,232
Early adoption impact - deferred income tax liabilities, noncurrent	$ 6,878	$ 6,736
Production and other equipment [Member]
Summary of Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	25 years
Minimum [Member] | Land and Building [Member]
Summary of Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	10 years
Maximum [Member] | Land and Building [Member]
Summary of Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	50 years
Germany
Summary of Significant Accounting Policies [Line Items]
Number of pulp mills | item	2
Canada
Summary of Significant Accounting Policies [Line Items]
Number of pulp mills | item	1

Accounts Receivables (Details)

Accounts Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance	$ 15	$ 29
Accounts receivables	134,254	141,088
Sale of pulp, energy and chemicals [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivables	119,359	133,586
Other non-trade receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivables	$ 14,895	$ 7,502

Accounts Receivable (Narrative)

Accounts Receivable (Narrative) (Details) - 12 months ended Dec. 31, 2015 $ in Thousands, CAD in Millions	CAD	USD ($)
Subsequent Event [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gain related to utiltiies dispute settlement	CAD 8.5	$ 6,109

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Inventories [Abstract]
Raw materials	$ 57,592	$ 52,877
Finished goods	36,829	45,090
Spare parts and other	46,580	48,609
Inventories	$ 141,001	$ 146,576

Property, Plant And Equipment46

Property, Plant And Equipment (Schedule of Property, Plant and Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,480,748	$ 1,626,257
Less: Accumulated Depreciation	(718,357)	(743,107)
Property, plant and equipment, net	762,391	883,150
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	27,625	30,803
Buildings [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	154,047	172,626
Production and other equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,299,076	$ 1,422,828

Property, Plant And Equipment47

Property, Plant And Equipment (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Abstract]
Unamortized government investment grants	$ 253,178	$ 305,045
Capital leases, gross amounts	16,233	20,325
Capital leases, accumulated depreciation	8,395	6,218
Acquisition of production and other equipment under capital lease obligations	70	2,960	$ 2,112
Asset retirement obligation	$ 4,620	$ 4,798

Accounts Payable and Other (Det

Accounts Payable and Other (Details) $ in Thousands, € in Millions	Dec. 31, 2015EUR (€)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Accounts Payable and Other [Abstract]
Trade payables		$ 20,637	$ 22,729
Accrued expenses		55,648	52,968
Interest rate derivative liability, current portion (Note 14)	€ 9.6	10,380	14,832
Other		9,367	11,696
Accounts payable and other		$ 96,032	$ 102,225

Debt (Schedule Of Debt) (Detail

Debt (Schedule Of Debt) (Details) $ in Thousands, € in Millions, CAD in Millions		Dec. 31, 2015CAD	Dec. 31, 2015EUR (€)	Dec. 31, 2015USD ($)	Dec. 31, 2014CAD	Dec. 31, 2014EUR (€)	Dec. 31, 2014USD ($)	Nov. 26, 2014USD ($)
Debt Instrument [Line Items]
Total debt				$ 638,043			$ 673,671
Less: current portion				0			(12,101)
Debt, less current portion				638,043			661,570
Senior Notes [Member]
Debt Instrument [Line Items]
Total debt								$ 635,949
Debt, face amount				650,000
Payment-in-kind note [Member]
Debt Instrument [Line Items]
Total debt	[1]			0			12,101
Debt, face amount | €			€ 10
2019 Senior Notes [Member]
Debt Instrument [Line Items]
Total debt	[2]			245,689			244,711
Debt, face amount				250,000			250,000
2022 Senior Notes [Member]
Debt Instrument [Line Items]
Total debt	[2]			392,354			391,447
Debt, face amount				400,000			400,000
Stendal Credit Facility - EUR 75.0 Million [Member]
Debt Instrument [Line Items]
Total debt	[3]			0			25,412
Maximum borrowing capacity | €			75			€ 75
Celgar Credit Facility - C$40.0 Million [Member]
Debt Instrument [Line Items]
Total debt	[4]			0			0
Maximum borrowing capacity | CAD		CAD 40			CAD 40
Rosenthal Credit Facility - EUR 25.0 Million [Member]
Debt Instrument [Line Items]
Total debt	[5]			0			0
Maximum borrowing capacity | €			25			25
Rosenthal Credit Facility - EUR 5.0 Million [Member]
Debt Instrument [Line Items]
Total debt	[6]			$ 0			$ 0
Maximum borrowing capacity | €			€ 5			€ 5
[1]	A €10.0 million payment-in-kind note due to the former noncontrolling shareholder of the Stendal mill which the Company redeemed on April 20, 2015 for a cash payment of €10.0 million ($10,763).
[2]	On November 26, 2014, the Company issued $650,000 of senior notes consisting of $250,000 in aggregate principal amount of 7.00% senior notes which mature on December 1, 2019 ("2019 Senior Notes") and $400,000 in aggregate principal amount of 7.75% senior notes which mature on December 1, 2022 ("2022 Senior Notes" and collectively with the 2019 Senior Notes, the "Senior Notes"). The Senior Notes were issued at a price of 100% of their principal amount. Upon their issuance the Senior Notes were recorded at $635,949 which included debt issuance costs of $14,051. These costs were proportionally allocated to the 2019 Senior Notes and the 2022 Senior Notes. The Senior Notes are general unsecured senior obligations of the Company. They rank equal in right of payment with all existing and future unsecured senior indebtedness of the Company and are senior in right of payment to any current or future subordinated indebtedness of the Company. The Senior Notes are effectively junior in right of payment to all existing and future secured indebtedness, to the extent of the assets securing such indebtedness, and all indebtedness and liabilities of the Company's subsidiaries.The Company may redeem all or a part of the Senior Notes, upon not less than 30 days' or more than 60 days' notice, at the redemption prices (expressed as percentages of principal amount) discussed below, plus accrued and unpaid interest to (but not including) the applicable redemption date. The 2019 Senior Notes redemption prices are equal to 103.50% for the twelve month period beginning on December 1, 2016, 101.75% for the twelve month period beginning on December 1, 2017, and 100.00% beginning on December 1, 2018 and at any time thereafter. The 2022 Senior Notes redemption prices are equal to 105.813% for the twelve month period beginning on December 1, 2017, 103.875% for the twelve month period beginning on December 1, 2018, 101.938% for the twelve month period beginning on December 1, 2019, and 100.00% beginning on December 1, 2020 and at any time thereafter.
[3]	A €75.0 million revolving credit facility at the Stendal mill that matures in October 2019. Borrowings under the facility are collateralized by the mill's inventory and accounts receivable and bear interest at Euribor plus 3.50%. As at December 31, 2015, approximately €75.0 million ($81,443) was available.
[4]	A C$40.0 million revolving credit facility at the Celgar mill that matures in May 2019. Borrowings under the facility are collateralized by the mill's inventory and accounts receivable and are restricted by a borrowing base calculated on the mill's inventory and accounts receivable. Canadian dollar denominated amounts bear interest at bankers acceptance plus 1.50% or Canadian prime. U.S. dollar denominated amounts bear interest at LIBOR plus 1.50% or U.S. base. As at December 31, 2015, approximately C$1.7 million ($1,228) was supporting letters of credit and approximately C$38.3 million ($27,674) was available.
[5]	A €25.0 million revolving credit facility at the Rosenthal mill that matures in October 2016. Borrowings under the facility are collateralized by the mill's inventory and accounts receivable and bear interest at Euribor plus 3.50%. As at December 31, 2015, approximately €3.1 million ($3,324) of this facility was supporting bank guarantees leaving approximately €21.9 million ($23,823) available.
[6]	A €5.0 million revolving credit facility at the Rosenthal mill that matures in December 2018. Borrowings under this facility bear interest at the rate of the three-month Euribor plus 2.50% and are secured by certain land at the Rosenthal mill. As at December 31, 2015 approximately €1.3 million ($1,358) of this facility was supporting bank guarantees leaving approximately €3.7 million ($4,071) available.

Debt (Narrative) (Details)

Debt (Narrative) (Details) $ in Thousands, € in Millions, CAD in Millions		Feb. 01, 2016	Nov. 26, 2014USD ($)	Dec. 31, 2015CAD	Dec. 31, 2015EUR (€)	Dec. 31, 2015USD ($)	Dec. 31, 2014CAD	Dec. 31, 2014EUR (€)	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Debt						$ 638,043			$ 673,671
Senior Notes [Member]
Debt Instrument [Line Items]
Debt, offering date				Nov. 26, 2014
Debt, face amount						$ 650,000
Issued price percentage of principal amount				100.00%	100.00%	100.00%
Debt			$ 635,949
Debt Issuance Cost			$ 14,051
Senior Note Redemption Notice Minimum Days				30
Senior Note Redemption Notice Maximum Days				60
Payment-in-kind note [Member]
Debt Instrument [Line Items]
Debt, face amount | €					€ 10
Debt	[1]					$ 0			12,101
Debt Instrument Repurchase Date				Apr. 20, 2015
Debt Instrument, Repurchase Amount					€ 10	10,763
2019 Senior Notes [Member]
Debt Instrument [Line Items]
Debt, maturity date				Dec. 1, 2019
Debt, face amount						$ 250,000			250,000
Debt instrument interest rate				7.00%	7.00%	7.00%
Debt	[2]					$ 245,689			244,711
2022 Senior Notes [Member]
Debt Instrument [Line Items]
Debt, maturity date				Dec. 1, 2022
Debt, face amount						$ 400,000			400,000
Debt instrument interest rate				7.75%	7.75%	7.75%
Debt	[2]					$ 392,354			391,447
Celgar Credit Facility - C$40.0 Million [Member]
Debt Instrument [Line Items]
Debt, maturity date				May 1, 2019
Debt	[3]					0			0
Maximum borrowing capacity | CAD				CAD 40			CAD 40
Letters of Credit Outstanding, Amount				1.7		1,228
Remaining borrowing capacity				CAD 38.3		27,674
Stendal Credit Facility - EUR 75.0 Million [Member]
Debt Instrument [Line Items]
Debt, maturity date				Oct. 1, 2019
Debt	[4]					0			25,412
Description of variable basis spread				Euribor
Varying basis spread				3.50%
Maximum borrowing capacity | €					€ 75			€ 75
Remaining borrowing capacity					75	81,443
Rosenthal Credit Facility - EUR 25.0 Million [Member]
Debt Instrument [Line Items]
Debt, maturity date				Oct. 1, 2016
Debt	[5]					0			0
Description of variable basis spread				Euribor
Varying basis spread				3.50%
Debt Instrument, Amount Of Debt Supporting Bank Guarantees					3.1	3,324
Maximum borrowing capacity | €					25			25
Remaining borrowing capacity					21.9	23,823
Rosenthal Credit Facility - EUR 25.0 Million [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Debt, maturity date		Oct. 1, 2019
Varying basis spread		2.95%
Rosenthal Credit Facility - EUR 5.0 Million [Member]
Debt Instrument [Line Items]
Debt, maturity date				Dec. 1, 2018
Debt	[6]					0			$ 0
Description of variable basis spread				three-month Euribor
Varying basis spread				2.50%
Debt Instrument, Amount Of Debt Supporting Bank Guarantees					1.3	1,358
Maximum borrowing capacity | €					5			€ 5
Remaining borrowing capacity					€ 3.7	$ 4,071
Canadian Dollar Borrowings Rate Option 1 [Member] | Celgar Credit Facility - C$40.0 Million [Member]
Debt Instrument [Line Items]
Description of variable basis spread				bankers acceptance
Varying basis spread				1.50%
Canadian Dollar Borrowings Rate Option 2 [Member] | Celgar Credit Facility - C$40.0 Million [Member]
Debt Instrument [Line Items]
Description of variable basis spread				Canadian prime
US Dollar Borrowings Rate Option 1 [Member] | Celgar Credit Facility - C$40.0 Million [Member]
Debt Instrument [Line Items]
Description of variable basis spread				LIBOR
Varying basis spread				1.50%
US Dollar Borrowings Rate Option 2 [Member] | Celgar Credit Facility - C$40.0 Million [Member]
Debt Instrument [Line Items]
Description of variable basis spread				U.S. base
Twelve month period beginning Dec 1, 2016 [Member] | 2019 Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption Price Percentage				103.50%
Twelve month period beginning Dec 1, 2017 [Member] | 2019 Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption Price Percentage				101.75%
Twelve month period beginning Dec 1, 2017 [Member] | 2022 Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption Price Percentage				105.813%
Twelve month period beginning Dec 1, 2018 and thereafter [Member] | 2019 Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption Price Percentage				100.00%
Twelve month period beginning Dec 1, 2018 [Member] | 2022 Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption Price Percentage				103.875%
Twelve month period beginning Dec 1, 2019 [Member] | 2022 Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption Price Percentage				101.938%
Twelve month period beginning Dec 1, 2020 and thereafter [Member] | 2022 Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption Price Percentage				100.00%
[1]	A €10.0 million payment-in-kind note due to the former noncontrolling shareholder of the Stendal mill which the Company redeemed on April 20, 2015 for a cash payment of €10.0 million ($10,763).
[2]	On November 26, 2014, the Company issued $650,000 of senior notes consisting of $250,000 in aggregate principal amount of 7.00% senior notes which mature on December 1, 2019 ("2019 Senior Notes") and $400,000 in aggregate principal amount of 7.75% senior notes which mature on December 1, 2022 ("2022 Senior Notes" and collectively with the 2019 Senior Notes, the "Senior Notes"). The Senior Notes were issued at a price of 100% of their principal amount. Upon their issuance the Senior Notes were recorded at $635,949 which included debt issuance costs of $14,051. These costs were proportionally allocated to the 2019 Senior Notes and the 2022 Senior Notes. The Senior Notes are general unsecured senior obligations of the Company. They rank equal in right of payment with all existing and future unsecured senior indebtedness of the Company and are senior in right of payment to any current or future subordinated indebtedness of the Company. The Senior Notes are effectively junior in right of payment to all existing and future secured indebtedness, to the extent of the assets securing such indebtedness, and all indebtedness and liabilities of the Company's subsidiaries.The Company may redeem all or a part of the Senior Notes, upon not less than 30 days' or more than 60 days' notice, at the redemption prices (expressed as percentages of principal amount) discussed below, plus accrued and unpaid interest to (but not including) the applicable redemption date. The 2019 Senior Notes redemption prices are equal to 103.50% for the twelve month period beginning on December 1, 2016, 101.75% for the twelve month period beginning on December 1, 2017, and 100.00% beginning on December 1, 2018 and at any time thereafter. The 2022 Senior Notes redemption prices are equal to 105.813% for the twelve month period beginning on December 1, 2017, 103.875% for the twelve month period beginning on December 1, 2018, 101.938% for the twelve month period beginning on December 1, 2019, and 100.00% beginning on December 1, 2020 and at any time thereafter.
[3]	A C$40.0 million revolving credit facility at the Celgar mill that matures in May 2019. Borrowings under the facility are collateralized by the mill's inventory and accounts receivable and are restricted by a borrowing base calculated on the mill's inventory and accounts receivable. Canadian dollar denominated amounts bear interest at bankers acceptance plus 1.50% or Canadian prime. U.S. dollar denominated amounts bear interest at LIBOR plus 1.50% or U.S. base. As at December 31, 2015, approximately C$1.7 million ($1,228) was supporting letters of credit and approximately C$38.3 million ($27,674) was available.
[4]	A €75.0 million revolving credit facility at the Stendal mill that matures in October 2019. Borrowings under the facility are collateralized by the mill's inventory and accounts receivable and bear interest at Euribor plus 3.50%. As at December 31, 2015, approximately €75.0 million ($81,443) was available.
[5]	A €25.0 million revolving credit facility at the Rosenthal mill that matures in October 2016. Borrowings under the facility are collateralized by the mill's inventory and accounts receivable and bear interest at Euribor plus 3.50%. As at December 31, 2015, approximately €3.1 million ($3,324) of this facility was supporting bank guarantees leaving approximately €21.9 million ($23,823) available.
[6]	A €5.0 million revolving credit facility at the Rosenthal mill that matures in December 2018. Borrowings under this facility bear interest at the rate of the three-month Euribor plus 2.50% and are secured by certain land at the Rosenthal mill. As at December 31, 2015 approximately €1.3 million ($1,358) of this facility was supporting bank guarantees leaving approximately €3.7 million ($4,071) available.

Debt (Principal Maturities Of D

Debt (Principal Maturities Of Debt) (Details) $ in Thousands	Dec. 31, 2015USD ($)
Debt [Abstract]
2,016	$ 0
2,017	0
2,018	0
2,019	250,000
2,020	0
Thereafter	400,000
Total debt	$ 650,000

Pension And Other Post-Retire52

Pension And Other Post-Retirement Benefit Obligations (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Multiemployer Plans, Pension [Member]
Defined Benefit Plan Disclosure [Line Items]
Company contributions	$ 1,390	$ 2,085	$ 2,635
Celgar Defined Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Company contribution in the next fiscal year	667
Amount included in other comprehensive income which is expected to be recognized in the next fiscal year	$ 781
Plan assets that are expected to be returned to the Company in the next fiscal year	no
Maximum percentage of book value that can be invested in any one entity or group	10.00%
Maximum percentage of voting shares in any one entity	30.00%
Celgar Defined Benefit Plans [Member] | Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations	60.00%
Celgar Defined Benefit Plans [Member] | Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations	40.00%
Defined Contribution Plan Jan 1, 2009 [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension contributions	$ 646	$ 759	$ 773

Pension And Other Post-Retire53

Pension And Other Post-Retirement Benefit Obligations (Plan Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation, beginning balance	$ 71,538	$ 72,024
Service cost	919	845
Interest cost	2,411	3,080
Benefits payments	(2,932)	(3,396)
Actuarial (gains) losses	(5,009)	5,251
Foreign currency exchange rate changes	(11,223)	(6,266)
Benefit obligation, ending balance	55,704	71,538
Fair value of plan assets, beginning balance	35,653	35,372
Actual returns	107	3,829
Contributions	2,349	2,951
Foreign currency exchange rate changes	(5,731)	(3,103)
Fair value of plan assets, ending balance	29,446	35,653
Funded status	(26,258)	(35,885)
Expected return on plan assets	(2,054)	(2,225)
Amortization of unrecognized items	886	775
Net periodic benefit costs	2,162	2,475
Pension liabilities	26,345	36,014
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation, beginning balance	43,073	43,566
Service cost	121	121
Interest cost	1,427	1,836
Benefits payments	(2,345)	(2,571)
Actuarial (gains) losses	(1,021)	3,901
Foreign currency exchange rate changes	(6,829)	(3,780)
Benefit obligation, ending balance	34,426	43,073
Fair value of plan assets, beginning balance	35,653	35,372
Actual returns	107	3,829
Contributions	1,762	2,126
Foreign currency exchange rate changes	(5,731)	(3,103)
Fair value of plan assets, ending balance	29,446	35,653
Funded status	(4,980)	(7,420)
Expected return on plan assets	(2,054)	(2,225)
Amortization of unrecognized items	878	787
Net periodic benefit costs	372	519
Post-Retirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation, beginning balance	28,465	28,458
Service cost	798	724
Interest cost	984	1,244
Benefits payments	(587)	(825)
Actuarial (gains) losses	(3,988)	1,350
Foreign currency exchange rate changes	(4,394)	(2,486)
Benefit obligation, ending balance	21,278	28,465
Fair value of plan assets, beginning balance	0	0
Actual returns	0	0
Contributions	587	825
Foreign currency exchange rate changes	0	0
Fair value of plan assets, ending balance	0	0
Funded status	(21,278)	(28,465)
Expected return on plan assets	0	0
Amortization of unrecognized items	8	(12)
Net periodic benefit costs	1,790	1,956
Rosenthal [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension liabilities	$ 87	$ 129

Pension and Other Post-Retire54

Pension and Other Post-Retirement Benefit Obligations (Estimated Future Benefit Payments) (Details) $ in Thousands	Dec. 31, 2015USD ($)
Pension Benefits [Member]
Pension and Other Post-Retirement Benefit Obligations [Line Items]
2,016	$ 2,223
2,017	2,220
2,018	2,224
2,019	2,232
2,020	2,228
2021 - 2025	10,957
Post-Retirement Benefits [Member]
Pension and Other Post-Retirement Benefit Obligations [Line Items]
2,016	707
2,017	749
2,018	795
2,019	840
2,020	884
2021 - 2025	$ 5,106

Pension and Other Post-Retire55

Pension and Other Post-Retirement Benefit Obligations (Summary Of Key Assumptions) (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Pension And Other Post-Retirement Benefit Obligations [Abstract]
Benefit obligations, discount rate	4.00%	3.75%	4.50%
Benefit obligations, rate of compensation increase	2.50%	2.50%	2.75%
Net benefit cost, discount rate	3.75%	4.50%	4.00%
Net benefit cost, rate of compensation increase	2.50%	2.75%	2.75%
Net benefit cost, expected rate of return on plan assets	6.40%	6.60%	6.60%

Pension and Other Post-Retire56

Pension and Other Post-Retirement Benefit Obligations (Assumed Health Care Cost Trend Rates) (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Pension And Other Post-Retirement Benefit Obligations [Abstract]
Defined Benefit Plan, Health Care Cost Trend Rate Assumed for Next Fiscal Year	6.50%	7.00%
Defined Benefit Plan, Ultimate Health Care Cost Trend Rate	4.50%	4.50%
Defined Benefit Plan, Year that Rate Reaches Ultimate Trend Rate	2,020	2,020

Pension And Other Post-Retire57

Pension And Other Post-Retirement Benefit Obligations (A One Percentage Point Change in Assumed Health Cost Trend Effect) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Pension And Other Post-Retirement Benefit Obligations [Abstract]
Effect on total service and interest rate components, 1% increase	$ 36	$ 54
Effect on total service and interest rate components, 1% decrease	(39)	(56)
Effect on post-retirement benefit obligation, 1% increase	613	830
Effect on post-retirement benefit obligation, 1% decrease	$ (598)	$ (806)

Pension And Other Post-Retire58

Pension And Other Post-Retirement Benefit Obligations (Fair Value Measurements) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Fair value measurements	$ 29,446	$ 35,653	$ 35,372
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurements	17,772
Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurements	11,602
Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurements	72
Fair Value, Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurements	29,446
Fair Value, Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurements	17,772
Fair Value, Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurements	11,602
Fair Value, Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value measurements	$ 72

Pension and Other Post-Retire59

Pension and Other Post-Retirement Benefit Obligations (Multiemployer Plan Details) (Details) - The Pulp and Paper Industry Pension Plan [Member]	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Multiemployer Plans [Line Items]
Provincially registered plan number	P085324
Expiration date of collective bargaining agreement	Apr. 30, 2017
Are the Company's contributions greater than 5% of total contributions	true	true	true

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Taxes [Abstract]
Liability for Uncertain Tax Positions, Current	$ 0	$ 0
Recognized interest and penalties related to unrecognized tax benefit	0	$ 0	$ 0
Undistributed Earnings of Foreign Subsidiaries	$ 299,100

Income Taxes (Income Before Inc

Income Taxes (Income Before Income Taxes By Taxing Jurisdiction) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest [Abstract]
Income (Loss) from Continuing Operations before Income Taxes, U.S.	$ (27,788)	$ (55,089)	$ (31,032)
Income (Loss) from Continuing Operations before Income Taxes, Foreign	132,739	159,281	14,460
Income before income taxes	$ 104,951	$ 104,192	$ (16,572)

Income Taxes (Reconciliation Of

Income Taxes (Reconciliation Of Effective Tax Rate) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Taxes [Abstract]
U.S. Federal statutory rate	35.00%	35.00%	35.00%
U.S. Federal statutory rate on (income) loss before income taxes and noncontrolling interest	$ (36,972)	$ (36,467)	$ 5,797
Tax differential on foreign income	9,330	11,295	736
Effect of foreign earnings	(5,290)	(9,998)	(945)
Valuation Allowance	(2,765)	52,906	(17,040)
Tax benefit of partnership structure	5,217	5,987	5,942
Non-taxable foreign subsidies	2,281	1,263	1,696
True-up of prior year taxes	5,073	0	(5,749)
Foreign exchange on valuation allowance	(5,005)	(7,146)	254
Other	(1,318)	(1,066)	113
Total income tax benefit (provision)	(29,449)	16,774	(9,196)
Income tax benefit (provision) - current	(11,934)	(5,242)	2,286
Income tax benefit (provision) - deferred	$ (17,515)	$ 22,016	$ (11,482)

Income Taxes (Deferred Tax Asse

Income Taxes (Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Taxes [Abstract]
German tax loss carryforwards	$ 75,668	$ 99,948
U.S. tax loss carryforwards and credits	65,957	54,892
Canadian tax loss carryfowards	217	1,661
Basis difference between income tax and financial reporting with respect to operating pulp mills	(58,047)	(61,205)
Derivative financial instruments	1,862	5,043
Deferred tax liability, long term debt	(6,253)	(3,889)
Payable and accrued expenses	7,328	6,304
Deferred pension liability	6,911	9,413
Capital leases	1,146	2,450
Research and development expense pool	3,539	4,193
Other	2,282	3,183
Total gross deferred tax asset	100,610	121,993
Valuation allowance	(90,627)	(87,862)	$ (140,768)
Net deferred tax asset	9,983	34,131
Deferred income tax asset	23,154	56,287
Deferred income tax liability	$ (13,171)	$ (22,156)

Income Taxes (Tax Carryforwards

Income Taxes (Tax Carryforwards) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Germany
Income Taxes Disclosures [Line Items]
Operating loss carryforwards	$ 261,800
Interest carryforwards	$ 127,300
Tax Loss Carryforwards, Expiration Year	Indefinite
Other Tax Carryforward, Expiration Year	Indefinite
United States
Income Taxes Disclosures [Line Items]
Operating loss carryforwards	$ 181,300
Tax credits carryforwards	$ 2,500
Tax Loss Carryforwards, Expiration Year	2018 – 2035
Tax Credits Carryforward, Expiration Year	2020 – 2025
Canada
Income Taxes Disclosures [Line Items]
Operating loss carryforwards	$ 800
Scientific research and experimental development tax credits carryforwards	$ 3,500
Tax Loss Carryforwards, Expiration Year	2015 – 2035
Tax Credits Carryforward, Expiration Year	2030 – 2033

Income Taxes (Valuation Allowan

Income Taxes (Valuation Allowance) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Abstract]
Valuation allowance, beginning of period	$ 87,862	$ 140,768
Valuation Allowance - United States	11,571	9,433
Valuation Allowance - Canada	(3,801)	(3,660)
Valuation Allowance - Germany	0	(51,533)
Valuation Allowance - Change Due To Foreign Exchange	(5,005)	(7,146)
Valuation allowance, end of period	$ 90,627	$ 87,862

Shareholders' Equity (Narrative

Shareholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Public Offering Issuance Date		Apr. 2, 2014
Shares issued through public share offering (in shares)		8,050,000
Shares Issued Price Per Share		$ 7.15
Proceeds from issuance of shares	$ 0	$ 53,859	$ 0
Date Of Investment In Subsidiary		Sep. 1, 2014
Investment In Subsidiary		$ 20,000
Preferred shares, authorized	50,000,000	50,000,000
Preferred shares, par value	$ 1	$ 1
Preferred shares, issued	0
Common shares available for grant	2,049,000
Series A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred shares, authorized	2,000,000
Performance Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	471,488
Shares outstanding	1,255,919	969,544
Vesting period	3 years
Expense recognized	$ 1,819	$ 1,023	$ 2,882
Weighted-average grant date fair value of awards granted	$ 12.95	$ 9.50	$ 7.30
Fair value of vested and issued shares or units	$ 2,031	$ 3,046	$ 0
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	38,000			200,000
Shares outstanding	78,000	118,000
Vesting period	1 year
Expense recognized	$ 590	$ 563	$ 692
Weighted-average grant date fair value of awards granted	$ 14.48	$ 8.85	$ 7
Fair value of vested and issued shares or units	$ 1,096	$ 670	$ 532
Unrecognized compensation cost	244
Restricted Shares, 2011 Grant To Chief Executive Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				5 years
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense recognized	$ 0	$ 0	$ 0
Stock options exercised	30,000
Stock options expired	0
Stock options cancelled	25,000
Stock options outstanding	0
Proceeds from Stock Options Exercised	$ 219
Instrinsic Value of Option Paid In Cash During Period	$ 154
Restricted Stock Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	0
Shares outstanding	0
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	0
Shares outstanding	0
Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	0
Shares outstanding	0

Shareholders' Equity (Summary o

Shareholders' Equity (Summary of Dividends Declared) (Details) - USD ($) $ / shares in Units, $ in Thousands	Feb. 11, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Dividends Payable [Line Items]
Common Stock, Dividends, Per Share, Declared		$ 0.230	$ 0	$ 0
Dividends declared		$ 14,836
Dividends Payable, Current		$ 7,418	$ 0
Dividend Declared [Member]
Dividends Payable [Line Items]
Dividends Payable, Date Declared		Oct. 29, 2015
Common Stock, Dividends, Per Share, Declared		$ 0.115
Dividends Payable, Current		$ 7,418
Dividend Declared [Member] | Subsequent Event [Member]
Dividends Payable [Line Items]
Dividends Payable, Date Declared	Feb. 1, 2016
Common Stock, Dividends, Per Share, Declared	$ 0.115
Dividends Payable, Date of Record	Mar. 28, 2016
Dividends Payable, Date to be Paid	Apr. 5, 2016
Dividend Paid [Member]
Dividends Payable [Line Items]
Dividends Payable, Date Declared		Jul. 30, 2015
Common Stock, Dividends, Per Share, Declared		$ 0.115
Payments of Dividends		$ 7,418

Shareholders' Equity (Summary68

Shareholders' Equity (Summary Of Share Activity - PSU's) (Details) - Performance Share Units [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding - Beginning	969,544
Granted	471,488
Vested and issued	(160,608)
Forfeited	(24,505)
Outstanding - Ending	1,255,919	969,544
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Outstanding - Beginning	$ 10.64
Granted	12.95	$ 9.50	$ 7.30
Vested and issued	12.96
Forfeited	10.54
Outstanding - Ending	$ 11.21	$ 10.64

Shareholders' Equity (Summary69

Shareholders' Equity (Summary Of Share Activity - Restricted Shares) (Details) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding - Beginning	118,000
Granted	38,000			200,000
Vested	(78,000)
Outstanding - Ending	78,000	118,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Outstanding - Beginning	$ 11.58
Granted	14.48	$ 8.85	$ 7
Vested and issued	10.91
Outstanding - Ending	$ 13.65	$ 11.58

Net Income (Loss) Per Share A70

Net Income (Loss) Per Share Attributable to Common Shareholders (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net Income Per Share Attributable To Common Shareholders Basic And Diluted [Line Items]
Net income (loss) attributable to common shareholders - basic and diluted	$ 75,502	$ 113,154	$ (26,375)
Net income (loss) per share attributable to common shareholders, Basic	$ 1.17	$ 1.82	$ (0.47)
Net income (loss) per share attributable to common shareholders, Diluted	$ 1.17	$ 1.81	$ (0.47)
Weighted Average Number of Shares Outstanding, Basic	64,380,565	62,012,947	55,673,838
Weighted Average Number of Shares Outstanding, Diluted	64,776,792	62,514,870	55,673,838
Performance Share Units [Member]
Net Income Per Share Attributable To Common Shareholders Basic And Diluted [Line Items]
Effect of dilutive instruments	335,922	406,922	0
Restricted Stock [Member]
Net Income Per Share Attributable To Common Shareholders Basic And Diluted [Line Items]
Effect of dilutive instruments	56,453	79,889	0
Contingently issuable shares excluded from the basic weighted average shares outstanding	78,000	118,000	158,000
Stock Options [Member]
Net Income Per Share Attributable To Common Shareholders Basic And Diluted [Line Items]
Effect of dilutive instruments	3,852	15,112	0

Net Income (Loss) Per Share A71

Net Income (Loss) Per Share Attributable to Common Shareholders (Anti-dilutive Instruments) (Details) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Performance Share Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from EPS computation	0	0	791,432
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from EPS computation	0	0	158,000
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from EPS computation	0	0	75,000

Accumulated Other Comprehensi72

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Abstract]
Foreign currency translation adjustments	$ (156,223)	$ (33,268)
Unrecognized losses and prior service costs related to defined benefit plans	(15,338)	(19,287)
Unrealized gains (losses) on marketable securities	(13)	114
Accumulated other comprehensive loss	$ (171,574)	$ (52,441)

Noncontrolling Interest (Defici

Noncontrolling Interest (Deficit) (Details) € in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2014EUR (€)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Noncontrolling Interest [Line Items]
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value	€ 350	$ 444
Business Combination, Acquisition Related Costs		$ 200
Business Combination, Step Acquisition, Equity Interest in Acquiree, Date	Sep. 1, 2014	Sep. 1, 2014
Parent [Member]
Noncontrolling Interest [Line Items]
Loss on acquisition of a portion of the noncontrolling interest in a subsidiary		$ 4,770	$ 10,118
Additional Paid-in Capital [Member]
Noncontrolling Interest [Line Items]
Loss on acquisition of a portion of the noncontrolling interest in a subsidiary		(18,985)	10,118
Retained Earnings (Deficit) [Member]
Noncontrolling Interest [Line Items]
Loss on acquisition of a portion of the noncontrolling interest in a subsidiary		23,755
Noncontrolling interest decrease from purchase of interest			0
Accumulated Other Comprehensive Income (Loss) [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest decrease from purchase of interest		0	0
Noncontrolling Interest (Deficit) [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest decrease from purchase of interest		$ (2,949)	$ 9,974

Business Segment Information (N

Business Segment Information (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015segmentcustomer	Dec. 31, 2014customer	Dec. 31, 2013customer
Revenues from External Customers and Long-Lived Assets [Line Items]
Number of operating segments	3
Number of reportable segments	1
Sales Revenue, Net [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Number of customers accounting for 10% or more of pulp sales | customer	1	1	2
Customer 1 [Member] | Sales Revenue, Net [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue major customer percentage	16.00%	13.00%	10.00%
Customer 2 [Member] | Sales Revenue, Net [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue major customer percentage			11.00%

Business Segment Information (S

Business Segment Information (Schedule Of Net Sales To External Customers By Geographic Area) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 1,033,204	$ 1,175,112	$ 1,088,385
Pulp revenues	946,237	1,073,632	996,187
Energy and chemicals	86,967	101,480	92,198
China
Revenues from External Customers and Long-Lived Assets [Line Items]
Pulp revenues	266,632	276,848	300,827
Germany
Revenues from External Customers and Long-Lived Assets [Line Items]
Pulp revenues	344,843	346,879	321,711
Energy and chemicals	75,776	91,375	79,948
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Energy and chemicals	11,191	10,105	12,250
Other European Union Countries [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Pulp revenues	210,218	250,952	224,988
U.S. [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Pulp revenues	15,453	39,146	30,404
Italy
Revenues from External Customers and Long-Lived Assets [Line Items]
Pulp revenues	53,919	80,730	65,654
Other Asia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Pulp revenues	43,981	69,711	49,855
Other Countries [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Pulp revenues	$ 11,191	$ 9,366	$ 2,748

Business Segment Information 76

Business Segment Information (Schedule Of Long Lived Assets By Geographic Area) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 762,391	$ 883,150
Germany
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	623,932	711,368
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 138,459	$ 171,782

Derivative Transactions (Narrat

Derivative Transactions (Narrative) (Details) € in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015EUR (€)	Dec. 31, 2015USD ($)	Dec. 31, 2014EUR (€)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2012USD ($)
Derivative [Line Items]
Interest rate derivative liability, total	€ 15,600	$ 16,913		$ 32,794
Interest rate derivative liability, noncurrent	6,000	6,533		17,962
Interest rate derivative liability, current	9,600	10,380		14,832
Restricted cash, at carrying value	8,500	9,230		10,286
Cash and cash equivalents, at carrying value | $		99,629		53,172	$ 147,728	$ 137,439
Restricted cash, at carrying value	8,500	9,230		10,286
Accounts receivables, at carrying value | $		$ 134,254		$ 141,088
Interest Rate Swap [Member]
Derivative [Line Items]
Aggregate maximum principal amount of the Stendal loan facility covered by interest rate swaps	612,600
Aggregate notional amount of interest rate swap	€ 192,400
Derivative fixed interest rate	5.28%	5.28%
Derivative maturity date	Oct. 1, 2017
Percentage Of Fair Value Of Interest Rate Swap Collaterized	67.00%	67.00%
Maximum Amount Of Collateral For Interest Rate Swap	€ 8,500
Stendal Credit Facility - EUR 75.0 Million [Member]
Derivative [Line Items]
Maximum borrowing capacity	€ 75,000		€ 75,000

Derivative Transactions (Schedu

Derivative Transactions (Schedule of Derivatives) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Derivative Transactions [Abstract]
Gain (loss) on interest rate derivative contract	$ (935)	$ 11,501	$ 22,476
Gain (loss) on pulp price derivative contracts	0	0	(2,767)
Gain (loss) on derivative instruments total	$ (935)	$ 11,501	$ 19,709

Fair Value Measurement and Di79

Fair Value Measurement and Disclosure (Outstanding Financial Instruments and Estimated Fair Value) (Details) $ in Thousands, € in Millions	Dec. 31, 2015EUR (€)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate derivative, Fair Value	€ 15.6	$ 16,913	$ 32,794
Liabilities Fair Value Disclosure		671,538	727,807
Fair Value, Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate derivative, Fair Value		0	0
Liabilities Fair Value Disclosure		0	0
Fair Value, Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate derivative, Fair Value		16,913	32,794
Liabilities Fair Value Disclosure		671,538	715,706
Fair Value, Significant unobservable inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate derivative, Fair Value		0	0
Liabilities Fair Value Disclosure		0	12,101
Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value		654,625	657,500
Senior Notes [Member] | Fair Value, Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value		0	0
Senior Notes [Member] | Fair Value, Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value		654,625	657,500
Senior Notes [Member] | Fair Value, Significant unobservable inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value		$ 0	0
Revolving credit facilities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value			25,412
Revolving credit facilities [Member] | Fair Value, Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value			0
Revolving credit facilities [Member] | Fair Value, Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value			25,412
Revolving credit facilities [Member] | Fair Value, Significant unobservable inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value			0
Payment-in-kind note [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value			12,101
Payment-in-kind note [Member] | Fair Value, Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value			0
Payment-in-kind note [Member] | Fair Value, Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value			0
Payment-in-kind note [Member] | Fair Value, Significant unobservable inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Fair Value			$ 12,101

Lease Commitments (Details)

Lease Commitments (Details) $ in Thousands	Dec. 31, 2015USD ($)
Lease Commitments [Abstract]
Capital lease, 2016	$ 2,532
Capital lease, 2017	1,957
Capital lease, 2018	1,327
Capital lease, 2019	2,344
Capital lease, 2020	240
Capital lease, Thereafter	244
Capital Leases, Total	8,644
Less: imputed interest	344
Total present value of minimum capitalized payments	8,300
Less: current portion of capital lease obligations	2,433
Long-term capital lease obligations	5,867
Operating leases, 2016	1,380
Operating leases, 2017	1,266
Operating leases, 2018	1,261
Operating leases, 2019	772
Operating leases, 2020	0
Operating leases, Thereafter	0
Operating leases, Total	$ 4,679

Lease Commitments (Narrative) (

Lease Commitments (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Lease Commitments [Abstract]
Rent expense	$ 2,271	$ 2,978	$ 3,497
Rail cars minimum lease obligation	$ 12,656
Rail cars minimum lease term	12

Commitments And Contingencies (

Commitments And Contingencies (Details) - 12 months ended Dec. 31, 2015 $ in Thousands, € in Millions	EUR (€)	USD ($)
Commitments And Contingencies [Abstract]
German government grants under review	€ 8.3	$ 9,013