Ferro (FOE) 10-Q 26 Jul 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	6 Months Ended
	Jun. 30, 2017shares
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Entity Registrant Name	FERRO CORP
Entity Central Index Key	35,214
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	83,694,147

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Condensed Consolidated Statements Of Operations [Abstract]
Net sales	$ 348,632	$ 297,977	$ 669,187	$ 575,428
Cost of sales	240,290	199,604	462,051	392,826
Gross profit	108,342	98,373	207,136	182,602
Selling, general and administrative expenses	62,514	57,871	121,472	110,517
Restructuring and impairment charges	3,224	787	6,242	1,668
Other expense (income):
Interest expense	6,449	5,428	12,673	10,275
Interest earned	(175)	(115)	(355)	(200)
Foreign currency losses, net	4,868	389	4,554	2,000
Loss on extinguishment of debt			3,905
Miscellaneous expense (income), net	1,538	669	(538)	(2,784)
Income before income taxes	29,924	33,344	59,183	61,126
Income tax expense	8,695	8,484	15,833	16,502
Income from continuing operations	21,229	24,860	43,350	44,624
Loss from discontinued operations, net of income taxes		(5,748)		(35,242)
Net income	21,229	19,112	43,350	9,382
Less: Net income attributable to noncontrolling interests	204	143	427	379
Net income attributable to Ferro Corporation common shareholders	$ 21,025	$ 18,969	$ 42,923	$ 9,003
Basic earnings (loss):
Continuing operations	$ 0.25	$ 0.30	$ 0.51	$ 0.53
Discontinued operations		(0.07)		(0.42)
Total	0.25	0.23	0.51	0.11
Diluted earnings (loss):
Continuing operations	0.25	0.29	0.50	0.53
Discontinued operations		(0.07)		(0.42)
Total	$ 0.25	$ 0.22	$ 0.50	$ 0.11

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Condensed Consolidated Statements of Comprehensive Income (Loss) [Abstract]
Net income	$ 21,229	$ 19,112	$ 43,350	$ 9,382
Other comprehensive income (loss), net of income tax:
Foreign currency translation income (loss)	13,866	(3,269)	21,077	(4,947)
Postretirement benefit liabilities gain	16	27	12	295
Other comprehensive income (loss), net of income tax	13,882	(3,242)	21,089	(4,652)
Total comprehensive income	35,111	15,870	64,439	4,730
Less: Comprehensive income (loss) attributable to noncontrolling interests	280	(9)	543	259
Comprehensive income attributable to Ferro Corporation	$ 34,831	$ 15,879	$ 63,896	$ 4,471

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 78,866	$ 45,582
Accounts receivable, net	330,461	259,687
Inventories	272,180	229,847
Other receivables	40,893	37,814
Other current assets	13,808	9,087
Total current assets	736,208	582,017
Other assets
Property, plant and equipment, net	273,964	262,026
Goodwill	157,828	148,296
Intangible assets, net	142,524	137,850
Deferred income taxes	115,181	106,454
Other non-current assets	52,096	47,126
Total assets	1,477,801	1,283,769
Current liabilities
Loans payable and current portion of long-term debt	23,051	17,310
Accounts payable	158,659	127,655
Accrued payrolls	35,151	35,859
Accrued expenses and other current liabilities	70,571	65,203
Total current liabilities	287,432	246,027
Other liabilities
Long-term debt, less current portion	637,863	557,175
Postretirement and pension liabilities	168,231	162,941
Other non-current liabilities	61,383	62,594
Total liabilities	1,154,909	1,028,737
Equity
Common stock, par value $1 per share; 300.0 million shares authorized; 93.4 million shares issued; 83.7 million and 83.4 million shares outstanding at June 30, 2017, and December 31, 2016, respectively	93,436	93,436
Paid-in capital	303,805	306,566
Retained earnings	157,613	114,690
Accumulated other comprehensive loss	(85,670)	(106,643)
Common shares in treasury, at cost	(154,280)	(160,936)
Total Ferro Corporation shareholders' equity	314,904	247,113
Noncontrolling interests	7,988	7,919
Total equity	322,892	255,032
Total liabilities and equity	$ 1,477,801	$ 1,283,769

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2017	Dec. 31, 2016
Condensed Consolidated Balance Sheets [Abstract]
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	93,400,000	93,400,000
Common stock, shares outstanding	83,694,147	83,400,000

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Equity - USD ($) $ in Thousands	Common Shares in Treasury [Member]	Common Stock [Member]	Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive (Loss) [Member]	Non-controlling Interests [Member]	Total
Beginning Balances at Dec. 31, 2015	$ (166,020)	$ 93,436	$ 314,854	$ 135,507	$ (61,318)	$ 7,822	$ 324,281
Beginning Balances, shares at Dec. 31, 2015	9,431,000
Net income				9,003		379	9,382
Other comprehensive (loss) income					(4,532)	(120)	(4,652)
Purchase of treasury stock	$ (11,429)						$ (11,429)
Purchase of treasury stock, shares	1,175,000						1,175,437
Stock-based compensation transactions	$ 11,120		(7,795)				$ 3,325
Stock-based compensation transactions, shares	(399,000)
Ending Balances at Jun. 30, 2016	$ (166,329)	93,436	307,059	144,510	(65,850)	8,081	320,907
Ending Balances, shares at Jun. 30, 2016	10,207,000
Beginning Balances at Dec. 31, 2016	$ (160,936)	93,436	306,566	114,690	(106,643)	7,919	255,032
Beginning Balances, shares at Dec. 31, 2016	9,996,000
Net income				42,923		427	43,350
Other comprehensive (loss) income					20,973	116	21,089
Stock-based compensation transactions	$ 6,656		(2,761)				3,895
Stock-based compensation transactions, shares	(255,000)
Distributions to noncontrolling interests						(474)	(474)
Ending Balances at Jun. 30, 2017	$ (154,280)	$ 93,436	$ 303,805	$ 157,613	$ (85,670)	$ 7,988	$ 322,892
Ending Balances, shares at Jun. 30, 2017	9,741,000

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities
Net cash provided by (used in) operating activities	$ 14,705	$ (1,975)
Cash flows from investing activities
Capital expenditures for property, plant and equipment and other long lived assets	(16,894)	(14,044)
Proceeds from sale of assets	145	3,597
Business acquisitions, net of cash acquired	(14,752)	(6,639)
Net cash (used in) investing activities	(31,501)	(17,086)
Cash flows from financing activities
Net (repayments) borrowings under loans payable	(5,645)	3,031
Proceeds from revolving credit facility, maturing 2019	15,628	163,516
Principal payments on revolving credit facility, maturing 2019	(327,183)	(92,706)
Proceeds from term loan facility, maturing 2024	623,827
Principal payments on term loan facility, maturing 2024	(1,596)
Principal payments on term loan facility, maturing 2021	(243,250)	(51,500)
Payment of debt issuance costs	(12,927)	(301)
Purchase of treasury stock		(11,429)
Other financing activities	(930)	211
Net cash provided by financing activities	47,924	10,822
Effect of exchange rate changes on cash and cash equivalents	2,156	(725)
Increase (decrease) in cash and cash equivalents	33,284	(8,964)
Cash and cash equivalents at beginning of period	45,582	58,380
Cash and cash equivalents at end of period	78,866	49,416
Cash paid during the period for:
Interest	14,714	9,283
Income taxes	$ 9,513	$ 7,432

Basis Of Presentation

Basis Of Presentation	6 Months Ended
	Jun. 30, 2017
Basis Of Presentation [Abstract]
Basis Of Presentation	1. Basis of Presentation The accompanying unaudited condensed consolidated financial statements of Ferro Corporation (“Ferro,” “we,” “us” or “the Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, the instructions to Form 10-Q, and Article 10 of Regulation S-X. These statements reflect all normal and recurring adjustments which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows for the periods presented. The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the year ended December 31, 2016 .  As discussed in Note 3, in the third quarter of 2016, w e completed the disposition of the Europe-based Polymer Additives business and have classified the related operating results, net of income tax, as discontinued operations in the accompanying condensed consolidated statements of oper ations for the three and six months ended June 30, 2016 .  During the first quarter of 2017, the Company renamed the Pigments, Powders and Oxides segment “Color Solutions” to align with our go-to-market strategy.  Operating results for the three and six months ended June 30, 2017 , are not necessarily indicative of the results expected in subsequent quarters or for the full year ending December 31, 2017 . 

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2017
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	2. Recent Accounting Pronouncements Recently Adopted Accounting Standards In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-09, Compensation – Stock Compensation: (Topic 718): Improvements to Employee Share-Based Payment Accounting. ASU 2016-09 is intended to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This new guidance requires all income tax effects of awards to be recognized as income tax expense or benefit in the income statement when the awards vest or are settled. Cash flow related to excess tax benefits will no longer be classified as a financing activity on the statement of cash flows but will be presented with all other income tax cash flows as an operating activity. The new guidance also provides an accounting policy election to account for forfeitures as they occur. Finally, the updated standard also allows the Company to repurchase more of an employee’s shares for tax withholding purposes without triggering liability accounting and clarifies that all cash tax payments made on an employee’s behalf for withheld shares should be presented as financing activities on the statement of cash flows.  The Company adopted ASU 2016-09, in the first quarter of 2017. As a result of the adoption, tax benefits of $ 0.3 million were recorded in income tax expense. The Company has elected to account for forfeitures as they occur. In addition, the Company elected to apply the presentation requirements for cash flows related to excess tax benefits prospectively. The presentation requirements for cash flows related to employee taxes paid for withheld shares had no impact on the statements of cash flows since the Company has historically presented such payments as financing activities.  New Accounting Standards In May 2017, the FASB issued ASU 2017-09, Compensation – Stock Compensation: (Topic 718): Scope of Modification Accounting. ASU 2017-09 provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. This pronouncement is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The Company is in the process of assessing the impact that the adoption of this ASU will have on our consolidated financial statements. In March 2017, the FASB issued ASU 2017-07, Compensation – Retirement Benefits: (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Costs. ASU 2017-07 requires that an employer report the service cost component in the same line item as other compensation costs arising from services rendered during the period. The other components of net benefit costs are to be presented in the income statement separately from the service costs component and outside a subtotal of income from operations. Employers will have to disclose the line(s) used to present the other components of net periodic benefit cost, if the components are not presented separately in the income statement . This pronouncement is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The Company is in the process of assessing the impact that the adoption of this ASU will have on our consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other: (Topic 350): Simplifying the Test for Goodwill Impairment. ASU 2017-04 is intended to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. This pronouncement is effective for the annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. The Company is in the process of assessing the impact that the adoption of this ASU will have on our consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, Business Combinations: (Topic 805): Clarifying the Definition of a Business. ASU 2017-01 is intended to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or dispositions) of assets or businesses. This pronouncement is effective for the annual periods beginning after December 15, 2017, including interim periods within those fiscal years. The Company is in the process of assessing the impact that the adoption of this ASU will have on our consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, Income Taxes: (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. ASU 2016-16 is intended to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory and requires the recognition of the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. This pronouncement is effective for the annual periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. The Company is in the process of assessing the impact that the adoption of this ASU will have on our consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flow: (Topic 230): Classification of Certain Cash Receipts and Cash Payments. ASU 2016-15 is intended to address eight specific cash flow issues with the objective of reducing the existing diversity in practice. This pronouncement is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is in the process of assessing the impact the adoption of this ASU will have on our consolidated financial statements.  In February 2016, the FASB issued ASU 2016-02, Leases: (Topic 842). ASU 2016-02 requires companies to recognize a lease liability and asset on the balance sheet for operating leases with a term greater than one year. This pronouncement is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company is in the process of assessing the impact the adoption of this ASU will have on our consolidated financial statements.  In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers: (Topic 606) . This ASU replaces nearly all existing U.S. GAAP guidance on revenue recognition. The standard prescribes a five-step model for recognizing revenue, the application of which will require significant judgment. This standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. The Company continues to assess the impact of the standard. While we anticipate some changes to revenue recognition for certain customer contracts, we do not currently believe ASU 2014-09 will have a material effect on our consolidated financial statements.  No other new accounting pronouncements issued had or are expected to have a material impact of the Company’s consolidated financial statements. 

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2017
Discontinued Operations [Abstract]
Discontinued Operations	3. Discontinued Operations During 2014, we commenced a process to market for sale our Europe-based Polymer Additives business. We determined that the criteria to classify these assets as held-for-sal e under ASC Topic 360, Property, Plant and Equipment, were met. On August 22, 2016, we completed the disposition of the Europe-based Polymer Additives business to Plahoma Two AG, an affiliate of the LIVIA Group. We have classified the Europe-based Polymer Additives operating results, net of income tax, as discontinued operations in the accompanying condensed consolidated statements of operations for the three and six months ended June 30, 2016 . The table below summarizes results for the Europe-based Polymer Additives assets, for the three and six months ended June 30, 2016 , which are reflected in our condensed consolidated statements of operations as discontinued operations. Interest expense has been allocated to the discontinued operations based on the ratio of net assets of each business to consolidated net assets excluding debt.         Three Months Ended Six Months Ended  June 30, 2016 June 30, 2016  (Dollars in thousands)  Net sales $ 6,900 $ 14,650  Cost of sales 10,789 22,819  Gross loss (3,889) (8,169)  Selling, general and administrative expenses 1,502 2,505  Restructuring and impairment charges — 24,059  Interest expense 40 276  Miscellaneous expense (income) 30 (387)  Loss from discontinued operations before income taxes (5,461) (34,622)  Income tax expense 287 620  Loss from discontinued operations, net of income taxes $ (5,748) $ (35,242) 

Aquisitions

Aquisitions	6 Months Ended
	Jun. 30, 2017
Acquisitions [Abstract]
Acquisitions	4. Acquisitions Smalti per Ceramiche, s.r.l On April 24, 2017, the Company acquired 100% of the equity interests of S.P.C. Group s.r.l., a company duly organized under the laws of Italy, and 100% of the equity interests of Smalti per Ceramiche, s.r.l. (“SPC”), a company duly organized under the laws of Italy, for € 17. 8 million (approximately $19. 3 million), subject to customary working capital adjustments, including the assumption of debt of € 5. 8 million. SPC is a high-end tile coatings manufacturer based in Italy focused on fast-growing specialty products . SPC’s products, strong technology, design capabilities, and customer-centric business model are complementary to our Performance Coatings segment, and position us for continued growth in the high-end tile markets . The Company incurred acquisition costs for the three and six months ended June 30, 2017, of $ 0.8 million and $1.2 million , respectively , which is included in Selling, general and administrative expenses in our condensed consolidated statements of operations. The information included herein has been prepared based on the preliminary allocation of the purchase price using estimates of the fair value and useful lives of the assets acquired and liabilities assumed, which were determined with the assistance of third parties who performed independent valuations using discounted cash flow and comparative market approaches , and estimates made by management. As of June 30, 2017 , the purchase price allocation is subject to further adjustment until all information is fully evaluated by the C ompany. The Company preliminarily recorded $6.7 million of personal and real property, $5. 5 million of net working capital, $4. 5 million of goodwill, $4. 4 million of amortizable intangible assets and $1. 8 million of a deferred tax liability on the condensed consolidated balance sheet. Cappelle On December 9, 2016, the Company acquired 100% of the share capital of Belgium-based Cappelle Pigments NV (“Cappelle”), a leader in specialty, high-performance inorganic and organic pigments used in coatings, inks and plastics, for €49. 8 million (approximately $52. 7 million) , including the assumption of debt of € 9. 8 million. The acquired business contributed net sales of $19. 1 million and $ 38.1 million for the three and six months ended June 30, 2017, respectively, and net income attributable to Ferro Corporation of $0. 5 million and $ 1.1 million for the three and six months ended June 30, 2017 , respectively. The information included herein has been prepared based on the preliminary allocation of the purchase price using estimates of the fair value and useful lives of the assets acquired and liabilities assumed, which were determined with the assistance of third parties who performed independent valuations using discounted cash flow and comparative market approaches, and estimates made by management. As of June 30, 2017 , the purchase price allocation is subject to further adjustment until all information is fully evaluated by the Company. The Com pany preliminarily recorded $28.6 million of net working capital, $24.1 million of per sonal and real property, $3.5 million of goodwill and $3.5 million of a deferred tax liability on the condensed consolidated balance sheet. Electro-Science Laboratories, Inc . On October 31, 2016, the Company acquired 100% of the membership interest of Electro-Science Laboratories, Inc. (“ESL”), a leader in electronic packaging materials, for $78. 5 million. ESL is headquartered in King of Prussia, Pennsylvania. The acquisition of ESL enhances the Company’s position in the electronic packaging materials space with complementary products, and provides a platform for growth in our Performance Colors and Glass segment. ESL produces thick-film pastes and ceramics tape systems that enable important functionality in a wide variety of industrial and consumer applications. The acquired business con tributed net sales of $10. 6 million and $ 21.3 million for the three and six months ended June 30, 2017, respectively, and net income attributable to Ferro Corporation of $1. 8 million and $ 2.7 million for the three and six months ended June 30, 2017 , respectively. The Company incurred acquisition costs for the six months ended June 30, 2017 , of $ 0.3 million, respectively , which is included in Selling, general and administrative expenses in our condensed consolidated statements of operations.  The information included herein has been prepared based on the preliminary allocation of the purchase price using estimates of the fair value and useful lives of the assets acquired and liabilities assumed, which were determined with the assistance of third parties who performed independent valuations using discounted cash flow and comparative market approaches, and estimates made by management. As of June 30, 2017 , the purchase price allocation is subject to further adjustment until all information is fully evaluated by the Company. The Company preliminarily recorded $39. 7 million of intangible assets, $19. 0 million of goodwill, $18. 9 million of net working capital, $2.9 million of personal and real property and $2.0 million of a deferred tax liability on the condensed consolidated balance sheet.  Delta Performance Products  On August 1 , 2016, the Company acquired certain assets of Delta Performance Products, LLC, for a cash purchase price of $4.4 million. The information included herein has been prepared based on the preliminary allocation of the purchase price using estimates of the fair value and useful lives of the assets acquired and liabilities assumed, which were determined with the assistance of third parties who performed independent valuations using discounted cash flow and comparative market approaches, and estimates made by management. As of June 30, 2017 , the purchase price allocation is subject to further adjustment until all information is fully evaluated by the Company. The Company preliminarily recorded $3.2 million of amortizable intangible assets, $0.6 million of net working capital , $0. 4 million of goodwill and $0.2 mil lion of a deferred tax asset on the condensed consolidated balance sheet.  Pinturas On June 1, 2016, the Company acquired 100% of the equity of privately held Pinturas Benicarló, S.L. (“Pinturas”) for €16. 5 million in cash (approximately $18. 4 million). The information included herein has been p repared based on the allocation of the purchase price using the fair value and useful lives of the assets acquired and liabilities assumed, which were determined with the assistance of third parties who performed independent valuations using discounted cash flow and comparative market approaches , and estimates made by management. The Company recorded $8. 8 million of amortizable intangible assets, $7. 7 million of net working capital , $3. 9 million of goodwill, $2. 7 million of a deferred tax liability , and $0.7 million of personal and real property on the condensed consolidated balance sheet.  Ferer  On January 5, 2016, the Company completed the purchase of 100% of the equity of privately held Istanbul-based Ferer Dis Ticaret Ve Kimyasallar Anonim Sirketi A.S. (“Ferer”) for approximately $9. 4 million . The information included herein has been p repared based on the allocation of the p urchase price using the fair value and useful lives of the assets acquired and liabilities assumed, which were determined with the assistance of third parties who performed independent valuations using discounted cash flow and comparative market approaches , and estimates made by management. The Company recorded $4. 5 million of goodwill , $3. 3 million of amortizable intangible assets, $1. 7 million of net working capital, $0. 7 million of a deferred tax liability and $0. 6 million of personal and real property on the condensed consolidated balance sheet. 

Inventories

Inventories	6 Months Ended
	Jun. 30, 2017
Inventories [Abstract]
Inventories	5. Inventories      June 30, December 31,  2017 2016  (Dollars in thousands)  Raw materials $ 91,510 $ 72,943  Work in process 46,804 38,859  Finished goods 133,866 118,045  Total inventories $ 272,180 $ 229,847  In the production of some of our products, we use precious metals, which we obtain from financial institutions under consignment agreements with terms of one year or less. The financial institutions retain ownership of the precious metals and charge us fees based on the amou nts we consign. These fees were $0.3 million and $0.2 million for the three months ended June 30, 2017 and 2016 , respectively, and were $0.5 million and $0.4 million for the six months ended June 30, 2017 and 2016, respectively. We had on- hand precious metals owned by participants in our precious metals consignment program of $33.4 million at June 30, 2017 , and $28.7 m illion at December 31, 2016 , measured at fair value based on market prices for identical assets and net of credits.

Property, Plant And Equipment

Property, Plant And Equipment	6 Months Ended
	Jun. 30, 2017
Property, Plant And Equipment [Abstract]
Property, Plant And Equipment	6. Property, Plant and Equipment Property, plant and equipment is reported net of accumulated depreciation of $475.4 million at June 30, 2017 , and $439.4 million at December 31, 2016 . Unpaid capital expenditure liabilities, which are non-cash investing activities, were $3.8 million at June 30, 2017 , and $2.1 million at June 30, 2016 . We recorded a $3.9 million gain on sale of a closed site in Australia which was recorded in Miscellaneous expense (income), net in our condensed consolidated statements of operations for the six months ended June 30, 2016.  As discussed in Note 3, o ur Europe-based Polymer Additives assets had been classified as held-for-sale under ASC Topic 360, Property, Plant and Equipment from 2014 until the ultimate sale of the business in August 2016 . As such, at each historical reporting date, these assets were tested for impairment comparing the fair value of the assets, less costs to sell, to the carrying value. The fair value was determined using both the m arket approach and income approach, utilizing Level 3 measurements within the fair value hierarchy, which indicated the fair value , less costs to sell , was less than the carrying value during the first quarter of 2016, resulting in an impairment charge of $24.1 million, representing the remaining carrying value of long-lived assets at that reporting date . The impairment charge of $24.1 million is included in Loss from discontinued operations, net of income taxes in our condensed consolidated statem ents of operations for the six months ended June 30, 2016 . 

Goodwill And Other Intangible A

Goodwill And Other Intangible Assets	6 Months Ended
	Jun. 30, 2017
Goodwill And Other Intangible Assets [Abstract]
Goodwill And Other Intangible Assets	7. Goodwill and Other Intangible Assets Details and activity in the Company’s goodwill by segment follow:    Performance  Performance Color Colors and  Coatings Solutions Glass Total  (Dollars in thousands)  Goodwill, net at December 31, 2016 $ 28,090 $ 40,421 $ 79,785 $ 148,296  Acquisitions 4,494 2 — (854) 1 3,640  Foreign currency adjustments 2,561 1,143 2,188 5,892  Goodwill, net at June 30, 2017 $ 35,145 $ 41,564 $ 81,119 $ 157,828  (1) During the first quarter of 2017, the Company recorded a purchase price adjustment within the measurement period for goodwill related to the ESL acquisition. (2) During the second quarter of 2017, the Company recorded goodwill related to the SPC acquisition. Refer to Note 4 for additional details.     June 30, December 31,  2017 2016  (Dollars in thousands)  Goodwill, gross $ 216,295 $ 206,763  Accumulated impairment losses (58,467) (58,467)  Goodwill, net $ 157,828 $ 148,296  Goodwill is tested for impairment at the reporting unit level on an annual basis in the fourth quarter and between annual tests if an event occurs, or circumstances change, that would more likely than not reduce the fair value of a reporting unit below its carrying value. As of June 30, 2017, the Company is not aware of any events or circumstances that occurred which would require a goodwill impairment test. Amortizable intangible assets consisted of the following:    June 30, December 31,  2017 2016  (Dollars in thousands)  Gross amortizable intangible assets:  Patents $ 5,277 $ 5,147  Land rights 4,816 4,746  Technology/know-how and other 90,441 84,837  Customer relationships 84,914 80,153  Total gross amortizable intangible assets 185,448 174,883  Accumulated amortization:  Patents (5,155) (4,981)  Land rights (2,776) (2,698)  Technology/know-how and other (38,667) (34,775)  Customer relationships (7,857) (5,311)  Total accumulated amortization (54,455) (47,765)  Amortizable intangible assets, net $ 130,993 $ 127,118  Indefinite-lived intangible assets consisted of the following:    June 30, December 31,  2017 2016  (Dollars in thousands)  Indefinite-lived intangibles assets:  Trade names and trademarks $ 11,531 $ 10,732 

Debt

Debt	6 Months Ended
	Jun. 30, 2017
Debt [Abstract]
Debt	8. Debt Loans payable and current portion of long-term debt consisted of the following:     June 30, December 31,  2017 2016  (Dollars in thousands)  Loans payable $ 14,508 $ 11,452  Current portion of long-term debt 8,543 5,858  Loans payable and current portion of long-term debt $ 23,051 $ 17,310  Long-term debt consisted of the following:     June 30, December 31,  2017 2016  (Dollars in thousands)   Term loan facility, net of unamortized issuance costs, maturing 2021 (1) $ — $ 239,530  Term loan facility, net of unamortized issuance costs, maturing 2024 (2) 633,463 —  Revolving credit facility, maturing 2019 — 311,555  Capital lease obligations 5,216 3,720  Other notes 7,727 8,228  Total long-term debt 646,406 563,033  Current portion of long-term debt (8,543) (5,858)  Long-term debt, less current portion $ 637,863 $ 557,175  (1) The carrying value of the term loan facility, maturing 2021, was net of unamortized debt issuance costs of $3.7 million. (2) The carrying value of the term loan facility, maturing 2024, is net of unamortized debt issuance costs of $8.1 million.  2014 Credit Facility In 2014, the Company entered into a credit facility that was amended on January 25, 2016 , and August 29, 2016 , resulting in a $400 million secured revolving line of credit with a term of five years and a $300 million secured term loan facility with a term of seven years from the original issuance date (the “Previous Credit Facility”) with a group of lenders that was replaced on February 14, 2017 , by the Credit Facility (as defined below). For discussion of the Company’s Previous Credit Facility, refer to Note 8 in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 . In conjunction with the refinancing of the Previous Credit Facility, we recorded a charge of $3.9 million in connection with the write-off of unamortized issuance costs, which is recorded within Loss on extinguishment of debt in our condensed consolidated statement of operations for the six months ended June 30, 2017. 2017 Credit Facility On February 14, 2017, the Company entered into a new credit facility (the “Credit Facility”) with a group of lenders to refinance its then outstanding credit facility debt and to provide liquidity for ongoing working capital requirements and general corporate purposes. The Credit Facility consists of a $400 million secured revolving line of credit with a term of five years, a $357.5 million secured term loan facility with a term of seven years and a €250 million secured euro term loan facility with a term of seven years. The term loans are payable in equal quarterly installments in an amount equal to 0.25% of the original principal amount of the term loans, with the remaining balance due on the maturity date thereof. In addition, the Company is required, on an annual basis, to make a prepayment of term loans until they are fully paid and then to the revolving loans in an amount equal to a portion of the Company’s excess cash flow, as calculated pursuant to the Credit Facility. Subject to the satisfaction of certain conditions, the Company can request additional commitments under the revolving line of credit or term loans in the aggregate principal amount of up to $250 million to the extent that existing or new lenders agree to provide such additional commitments and/or term loans and, certain additional debt subject to satisfaction of certain covenant levels. Certain of the Company’s U.S. subsidiaries have guaranteed the Company’s obligations under the Credit Facility and such obligations are secured by (a) substantially all of the personal property of the Company and the U.S. subsidiary guarantors and (b) a pledge of 100% of the stock of certain of the Company’s U.S. subsidiaries and 65% of the stock of certain of the Company’s direct foreign subsidiaries. Interest Rate – Term Loans: The interest rates applicable to the U.S. term loans will be, at the Company’s option, equal to either a base rate or a LIBOR rate plus, in both cases, an applicable margin. The interest rates applicable to the Euro term loans will be a Euro Interbank Offered Rate (“EURIBOR”) rate plus an applicable margin. · The base rate for U.S. term loans will be the highest of (i) the federal funds rate plus 0.50% , (ii) syndication agent’s prime rate or (iii) the daily LIBOR rate plus 1.00% . The applicable margin for base rate loans is 1.50% . · The LIBOR rate for U.S. term loans shall not be less than 0.75% and the applicable margin for LIBOR rate U.S. term loans is 2.50% . · The EURIBOR rate for Euro term loans shall not be less than 0% and the applicable margin for EURIBOR rate loans is 2.75% . · For LIBOR rate term loans and EURIBOR rate term loans, the Company may choose to set the duration on individual borrowings for periods of one, two, three or six months, with the interest rate based on the applicable LIBOR rate or EURIBOR rate, as applicable, for the corresponding duration. At June 30, 2017, the Company had borrowed $356.6 million under the secured term loan facility at an interest rate of 3.73% and €249.4 million under the secured euro term loan facility at an interest rate of 2.75% . At June 30, 2017, there were no additional borrowings available under the term loan facilities. Interest Rate – Revolving Credit Line: The interest rates applicable to loans under the revolving credit line will be, at the Company’s option, equal to either a base rate or a LIBOR rate plus, in both cases, an applicable variable margin. The variable margin will be based on the ratio of (a) the Company’s total consolidated net debt outstanding at such time to (b) the Company’s consolidated EBITDA computed for the period of four consecutive fiscal quarters most recently ended. · The base rate for revolving loans will be the highest of (i) the federal funds rate plus 0.50% , (ii) syndication agent’s prime rate or (iii) the daily LIBOR rate plus 1.00% . The applicable margin for base rate loans will vary between 0.75% and 1.75% . · The LIBOR rate for revolving loans shall not be less than 0% and the applicable margin for LIBOR rate revolving loans will vary between 1.75% and 2.75% . · For LIBOR rate revolving loans, the Company may choose to set the duration on individual borrowings for periods of one, two, three or six months, with the interest rate based on the applicable LIBOR rate for the corresponding duration. At June 30, 201 7, there were no borrowings under the revolving credit line. After reductions for outstanding letters of credit secured by these facilities, we had $ 395.3 million of additional borrowings available under the revolving credit facilities at June 30, 201 7. The Credit Facility contains customary restrictive covenants including, but not limited to, limitations on use of loan proceeds, limitations on the Company’s ability to pay dividends and repurchase stock, limitations on acquisitions and dispositions, and limitations on certain types of investments. The Credit Facility also contains standard provisions relating to conditions of borrowing and customary events of default, including the non-payment of obligations by the Company and the bankruptcy of the Company. Specific to the revolving credit facility, the Company is subject to a financial covenant regarding the Company’s maximum leverage ratio. If an event of default occurs, all amounts outstanding under the Credit Facility may be accelerated and become immediately due and payable. At June 30, 2017, we were in compliance with the covenants of the Credit Facility.  Other Financing Arrangements We maintain other lines of credit to provide global flexibility for our short-term liquidity requirements. These facilities are uncommitted lines for our international operations and totaled $63.3 million and $7.3 million at June 30, 2017 , and December 31, 2016 , respectively. The unused portions of these lines provided additional liquidity of $40.4 million at June 30, 2017 , and $6.7 million at December 31, 2016 .

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2017
Financial Instruments [Abstract]
Financial Instruments	9. Financial Instruments The following financial instrument assets (liabilities) are presented at their respective carrying amount, fair value and classification within the fair value hierarchy:      June 30, 2017  Carrying Fair Value  Amount Total Level 1 Level 2 Level 3  (Dollars in thousands)  Cash and cash equivalents $ 78,866 $ 78,866 $ 78,866 $ — $ —  Loans payable (14,508) (14,508) — (14,508) —  Term loan facility, maturing 2024 (1) (633,463) (633,622) — (633,622) —  Other long-term notes payable (7,727) (6,870) — (6,870) —  Foreign currency forward contracts, net (1,188) (1,188) — (1,188) —      December 31, 2016  Carrying Fair Value  Amount Total Level 1 Level 2 Level 3  (Dollars in thousands)  Cash and cash equivalents $ 45,582 $ 45,582 $ 45,582 $ — $ —  Loans payable (11,452) (11,452) — (11,452) —  Term loan facility, maturing 2021 (1) (239,530) (252,052) — (252,052) —  Revolving credit facility, maturing 2019 (311,555) (318,389) — (318,389) —  Other long-term notes payable (8,228) (7,315) — (7,315) —  Foreign currency forward contracts, net 350 350 — 350 —  (1) The carrying value of the term loan facility is net of unamortized debt issuance costs of $8.1 million and $3.7 million for the period ended June 30, 2017, and December 31, 2016, respectively .  The fair values of cash and cash equivalents are based on the fair values of identical assets. The fair values of loans payable are based on the present value of expected future cash flows and approximate their carrying amounts due to t he short periods to maturity. At June 30, 2017, the fair value of the term loan fac ility is based on market price information and is measured using the last available bid price of the instrument on a secondary market and at December 31, 2016, is based on the present value of expected future cash flows and interest rates that would be currently available to the Company for issuance of similar types of debt instruments with similar terms and remaining maturities adjusted for the Company's performance risk . The revolving credit facility and other long-term notes payable are based on the present value of expected future cash flows and interest rates that would be currently available to the Company for issuance of similar types of debt instruments with similar terms and remaining maturities adjust ed for the Company's performance risk. Derivative Instruments  The Company may use derivative instruments to partially offset its business exposure to foreign currency and interest rate risk on expected future cash flows, on net investment in certain foreign subsidiaries and on certain existing assets and liabilities. However, the Company may choose not to hedge in countries where it is not economically feasible to enter into hedging arrangements and where hedging inefficiencies exist , such as timing of transactions . Derivatives Designated as Hedging Instruments Interest rate swaps. To reduce our exposure to interest rate changes on our variable-rate debt, we entered into interest rate swap agreements in the second quarter of 2017. These swaps converted $150 million and €90 million of our term loan facility from variable-rate term loan to a fixed interest rate, and are effective on June 30, 2017. These swaps were designated and qualify as cash flow hedges. The effective portions of cash flow hedges are recorded in accumulated other comprehensive income (“AOCI”) and are reclassified into earnings in the same period the underlying hedged items impact earnings. The ineffective portions of cash flow hedges is recognized immediately into earnings. As the effective date for the interest rate swaps is June 30, 2017, the fair value of the interest rate swaps is zero at inception and no gain or loss was recognized in AOCI or through earnings during the three and six months ended June 30, 2017. Net investment hedge. To help protect the value of the Company’s net investment in Europe operations against adverse changes in exchange rates, the Company uses non-derivative financial instruments, such as its foreign currency denominated debt, as economic hedges of its net investments in certain foreign subsidiaries. Net investment hedges that use foreign currency denominated debt to hedge net investments are not impacted by ASC Topic 820, Fair Value Measurements, as the debt used as a hedging instrument is marked to a value with respect to changes in spot foreign currency exchange rates and not with respect to other factors that may impact fair value. The effective portions of net investment hedges are recorded in AOCI as a part of the cumulative translation adjustment. The ineffective portions of net investment hedges are recognized immediately into earnings. Effective May 1, 2017, the Company designated a portion of its euro denominated debt as a net investment hedge for accounting purposes . The fair value of the net investment hedge is €130 million at June 30, 2017. The Company did no t have any ineffectiveness related to net investment hedges during the three and six months ended June 30, 2017. The amount of loss recognized in AOCI and the amount of loss reclassified into earnings for the three months ended June 30, 2017 and 2016, respectively, follow:     Amount of (Loss) Amount of Loss Reclassified  Recognized in AOCI from AOCI into Income  2017 2016 2017 2016  (Dollars in thousands)  Net investment hedge $ (6,828) $ — $ — $ —  The amount of loss recognized in AOCI and the amount of loss reclassified into earnings for the six months ended June 30, 2017 and 2016, respectively, follow:     Amount of (Loss) Amount of Loss Reclassified  Recognized in AOCI from AOCI into Income  2017 2016 2017 2016  (Dollars in thousands)  Net investment hedge $ (6,828) $ — $ — $ —  Derivatives Not Designated as Hedging Instruments Foreign currency forward contracts. We manage foreign currency risks principally by entering into forward contracts to mitigate the impact of currency fluctuations on transactions. These forward contracts are not formally designated as hedges. Gains and losses on these foreign currency forward contracts are netted with gains and losses from currency fluctuations on transactions arising from international trade and reported as Foreign currency losses, net in the condensed consolidated statements of operations. We recognized net losses of $3.0 million and $2.7 million in the three and six months ended June 30, 2017 , respectively, and net gains of $5.9 million and net losses of $4.7 million in the three and six months ended June 30, 2016 , respectively, arising from the change in fair value of our financial instruments, which offset the related net gains and losses on international trade transactions. The fair values of these contracts are based on market prices for comparable contracts. The notional amount of foreign currency forward contracts was $192.5 million at June 30, 2017 , and $338.2 million at December 31, 2016 . The following table presents the effect on our condensed consolidated statements of operations for the three and six months ended June 30, 2017 and 2016 , respectively, of our foreign currency forward contracts:     Amount of (Loss) Gain  Recognized in Earnings  Three Months Ended  June 30,  2017 2016 Location of (Loss) Gain in Earnings  (Dollars in thousands)  Foreign currency forward contracts $ (2,954) $ 5,884 Foreign currency losses, net          Amount of (Loss)  Recognized in Earnings   Six Months Ended  June 30,   2017 2016 Location of (Loss) in Earnings   (Dollars in thousands)  Foreign currency forward contracts $ (2,711) $ (4,684) Foreign currency losses, net   Location and Fair Value Amount of Derivative Instruments  The following table presents the fair values on our condensed consolidated balance sheets of fo reign currency forward contracts :      June 30, December 31,  2017 2016 Balance Sheet Location  (Dollars in thousands)  Asset derivatives:  Foreign currency forward contracts $ 365 $ 1,854 Other current assets  Liability derivatives:  Foreign currency forward contracts $ (1,553) $ (1,504) Accrued expenses and other current liabilities 

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2017
Income Taxes [Abstract]
Income Taxes	10. Income Taxes Income tax expense for the six months ended June 30 , 2017, was $15.8 million, or 26.8% of pre-tax income, compared with $16.5 million, or 27.0% of pre-tax income in the prior-year same period. The tax expense in the first half of 2017 and 2016, as a percentage of pre-tax income, is lower than the U.S. federal statutory income tax rate of 35% primarily as a result of foreign statutory rate differences. 

Contingent Liabilities

Contingent Liabilities	6 Months Ended
	Jun. 30, 2017
Contingent Liabilities [Abstract]
Contingent Liabilities	11. Contingent Liabilities We have recorded environmental liabilities of $6.8 m illion at June 30, 2017 , and $7.2 million at December 31, 2016 , for costs associated with the remediation of certain of our properties that hav e been contaminated. The liability at June 30, 2017 , and December 31, 2016 , was primarily related to a non-operating facility in Brazil, and for retained environmental obligations related to a site in the United States that was part of the sale of our North American and Asian metal powders product lines in 2013. The costs include legal and consulting fees, site studies, the design and implementation of remediation plans, post-remediation monitoring and related activities. The ultimate liability could be affected by numerous uncertainties, including the extent of contamination found, the required period of monitoring and the ultimate cost of required remediation. In 2013, the Supreme Court in Argentina ruled unfavorably related to certain export taxes associated with a divested operation. As a result of this ruling, in 2013, we recorded a liability and at December 31, 2016, the liability was $8.7 million. During the first quarter of 2017, the Company participated in a newly available tax regime, resulting in the reduction of interest on these outstanding tax liabilities. The remaining liability at the time of the reduction was $4.6 million , and will be paid down over a five -year term. The liability recorded at June 30, 2017, is $3.9 million. There are various lawsuits and claims pending against the Company and its consolidated subsidiaries. We do not currently expect the resolution of these lawsuits and claims to materially affect the consolidated financial position, results of operations, or cash flows of the Company. 

Retirement Benefits

Retirement Benefits	6 Months Ended
	Jun. 30, 2017
Retirement Benefits [Abstract]
Retirement Benefits	12. Retirement Benefits Net periodic benefit (credit) cost of our U.S. pension plans (including our unfunded nonqualified plans), non-U.S. pension plans, and postretirement health care and life insurance benefit plans for the three months ended June 30, 2017 and 2016 , respectively, follow:      U.S. Pension Plans Non-U.S. Pension Plans Other Benefit Plans  Three Months Ended June 30,  2017 2016 2017 2016 2017 2016  (Dollars in thousands)  Service cost $ 4 $ 4 $ 423 $ 371 $ — $ —  Interest cost 3,666 3,937 606 954 211 236  Expected return on plan assets (4,740) (4,935) (222) (525) — —  Amortization of prior service cost 2 3 11 11 — —  Net periodic benefit (credit) cost $ (1,068) $ (991) $ 818 $ 811 $ 211 $ 236   Net periodic benefit (credit) cost for the six months ended June 30, 2017 and 2016, respectively, follow:     U.S. Pension Plans Non-U.S. Pension Plans Other Benefit Plans   Six Months Ended June 30,   2017 2016 2017 2016 2017 2016   (Dollars in thousands)  Service cost $ 9 $ 9 $ 827 $ 734 $ — $ —  Interest cost 7,331 7,875 1,179 1,893 422 472  Expected return on plan assets (9,479) (9,870) (432) (1,045) — —  Amortization of prior service cost 3 6 21 22 — —  Net periodic benefit (credit) cost $ (2,136) $ (1,980) $ 1,595 $ 1,604 $ 422 $ 472 

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2017
Stock-Based Compensation [Abstract]
Stock-Based Compensation	13. Stock-Based Compensation On May 22, 2013, our shareholders approved the 2013 Omnibus Incentive Plan (the “Plan”), which was adopted by the Board of Directors on February 22, 2013, subject to shareholder approval. The Plan’s purpose is to promote the Company’s long-term financial interests and growth by attracting, retaining and motivating high quality key employees and directors, motivating such employees and directors to achieve the Company’s short- and long-range p erformance goals and objectives and thereby align t heir interests with those of the Company’s shareholders. The Plan reserves 4,400,000 shares of common stock to be issued for grants of several different types of long-term incentives including stock options, stock appreciation rights, restric ted shares, performance shares, other common stock- based awards, and dividend equivalent rights.  In the first half of 2017 , our Board of Directors granted 0.2 million stock options, 0.2 million performance share units and 0.2 million restricted stock units under the Plan. We estimate the fair value of each stock option on the date of grant using the Black-Scholes option pricing model. The following table details the weighted-average grant-date fair values and the assumptions used for estimating the fair values of stock option grants made during the six months ended June 30, 2017 :      Stock Options  Weighted-average grant-date fair value $ 7.26  Expected life, in years 6.0  Risk-free interest rate 2.3 %  Expected volatility 51.5 %  The weighted average grant date fair value of our performance share units granted in the six months ended June 30, 2017, was $14.89 . We measure the fair value of performance share units based on the closing market price of our common stock on the date of the grant. These shares are evaluated each reporting period for respective attainment rates against the performance criteria . We measure the fair value of restricted stock units based on the closing market price of our common stock on the date of the grant. The restricted stock units vest over three years. The weighted-average grant date fair value per unit for grants made during the six months ended June 30, 2017 , was $14.27 . We recognized stock-based compensation expense of $5.4 million for the six months ended June 30, 2017 , and $2.2 million for the six months ended June 30, 2016 . At June 30, 2017 , unearned compensation cost related to the unvested portion of all stock-based compensation awards was approximately $10.0 million and is expected to be recognized over the remaining vesting period of the respective grants , through the first quarter of 2020.

Restructuring And Cost Reductio

Restructuring And Cost Reduction Programs	6 Months Ended
	Jun. 30, 2017
Restructuring And Cost Reduction Programs [Abstract]
Restructuring And Cost Reduction Programs	14. Restructuring and Cost Reduction Programs Total restructuring and impairment charges were $ 3. 2 million and $6. 2 million for the three and six months ended June 30, 2017 , respectively, and $0.8 million and $1.7 million for the three and six months ended June 30, 2016, respectively. Included in the charges for the three and six months ended June 30, 2017, was an impairment charge of $1.5 million related to an equity method investment. The remainder of the charges relate to our restructuring and cost reduction programs, which are primarily related to costs associated with integration of our recent acquisitions, and are further summarized below.       Employee Other Asset  Severance Costs Impairment Total  (Dollars in thousands)  Balances at December 31, 2016 $ 239 $ 1,489 $ — $ 1,728  Restructuring charges 1,795 1,772 1,176 4,743  Cash payments (1,715) (652) — (2,367)  Non-cash items 51 (1,325) (1,176) (2,450)  Balances at June 30, 2017 $ 370 $ 1,284 $ — $ 1,654  We expect to make cash payments to settle the remaining li ability for employee severance benefits and other costs primarily over the next twelve months where applicable , except where legal or contractual obligations would require it to extend beyond that period .

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	15. Earnings Per Share Details of the calculation of basic and diluted earnings per share are shown below:      Three Months Ended Six Months Ended  June 30, June 30,  2017 2016 2017 2016  (Dollars in thousands, except per share amounts)  Basic earnings per share computation:  Net income attributable to Ferro Corporation common shareholders $ 21,025 $ 18,969 $ 42,923 $ 9,003  Adjustment for loss from discontinued operations — 5,748 — 35,242  Total $ 21,025 $ 24,717 $ 42,923 $ 44,245  Weighted-average common shares outstanding 83,673 83,209 83,602 83,260  Basic earnings per share from continuing operations attributable to Ferro Corporation common shareholders $ 0.25 $ 0.30 $ 0.51 $ 0.53  Diluted earnings per share computation:  Net income attributable to Ferro Corporation common shareholders $ 21,025 $ 18,969 $ 42,923 $ 9,003  Adjustment for loss from discontinued operations — 5,748 — 35,242  Total $ 21,025 $ 24,717 $ 42,923 $ 44,245  Weighted-average common shares outstanding 83,673 83,209 83,602 83,260  Assumed exercise of stock options 677 551 599 462  Assumed exercise of deferred stock unit conditions — 80 — —  Assumed satisfaction of restricted stock unit conditions 425 473 376 419  Assumed satisfaction of performance stock unit conditions 502 111 503 58  Weighted-average diluted shares outstanding 85,277 84,424 85,080 84,199  Diluted earnings per share from continuing operations attributable to Ferro Corporation common shareholders $ 0.25 $ 0.29 $ 0.50 $ 0.53  The number of anti-dilutive or unearned shares was 1.8 million and 1.9 million for the three and six months ended June 30, 2017 , respectively, and 2.5 million and 2.8 million for the three and six months ended June 30, 2016 , respectively. These shares were excluded from the calculation of diluted earnings per share due to their anti-dilutive impact.

Share Repurchase Program

Share Repurchase Program	6 Months Ended
	Jun. 30, 2017
Share Repurchase Program [Abstract]
Share Repurchase Program	16. Share Repurchase Program The Company’s Board of Directors approved share repurchase programs, under which the Company is authorized to repurchase up to $100 million of the Company’s outstanding shares of Common Stock on the open market, including through a Rule 10b5-1 plan, or in privately negotiated transactions.  The timing and amount of shares to be repurchased will be determined by the Company, based on evaluation of market and business conditions, share price, and other factors. The share repurchase programs do not obligate the Company to repurchase any dollar amount or number of common shares, and may be suspended or discontinued at any time.  For the six months ended June 30, 2016, the Company repurchased 1,175, 437 shares of common stock at an average price of $9. 72 per share for a total cost of $11.4 million. As of June 30, 2017, Company shares having an aggregate value of up to $50.0 million may still be purchased under the programs. 

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated Other Comprehensive Income (Loss)	17. Accumulated Other Comprehensive Income (Loss) Changes in accumulated other comprehensive income (loss) by component, net of tax, were as follows:      Three Months Ended June 30,  Postretirement  Benefit Liability Translation Other  Adjustments Adjustments Adjustments Total  (Dollars in thousands)  Balances at March 31, 2016 $ 1,079 $ (63,769) $ (70) $ (62,760)  Other comprehensive income (loss) before reclassifications — (3,117) — (3,117)  Reclassification to earnings:  Postretirement benefit liabilities income 27 — — 27  Net current period other comprehensive income (loss) 27 (3,117) — (3,090)  Balances at June 30, 2016 $ 1,106 $ (66,886) $ (70) $ (65,850)   Balances at March 31, 2017 $ 1,137 $ (100,543) $ (70) $ (99,476)  Other comprehensive income (loss) before reclassifications — 13,790 — 13,790  Reclassification to earnings:  Postretirement benefit liabilities income 16 — — 16  Net current period other comprehensive income (loss) 16 13,790 — 13,806  Balances at June 30, 2017 $ 1,153 $ (86,753) $ (70) $ (85,670)      Six Months Ended June 30,  Postretirement  Benefit Liability Translation Other  Adjustments Adjustments Adjustments Total   (Dollars in thousands)  Balances at December 31, 2015 $ 811 $ (62,059) $ (70) $ (61,318)  Other comprehensive income (loss) before reclassifications — (4,827) — (4,827)  Reclassification to earnings:  Postretirement benefit liabilities income 295 — — 295  Net current period other comprehensive income (loss) 295 (4,827) — (4,532)  Balances at June 30, 2016 $ 1,106 $ (66,886) $ (70) $ (65,850)   Balances at December 31, 2016 $ 1,141 $ (107,714) $ (70) $ (106,643)  Other comprehensive income (loss) before reclassifications — 20,961 — 20,961  Reclassification to earnings:  Postretirement benefit liabilities income 12 — — 12  Net current period other comprehensive income (loss) 12 20,961 — 20,973  Balances at June 30, 2017 $ 1,153 $ (86,753) $ (70) $ (85,670) 

Reporting For Segments

Reporting For Segments	6 Months Ended
	Jun. 30, 2017
Reporting For Segments [Abstract]
Reporting For Segments	18. Reporting for Segments In the first quarter of 2017, the Company’s Pigments, Powders and Oxides segment was renamed Color Solutions.  Net sales to external customers by segment are presented in the table below. Sales between segments were not material.      Three Months Ended Six Months Ended  June 30, June 30,  2017 2016 2017 2016  (Dollars in thousands)  Performance Coatings $ 151,746 $ 140,589 $ 278,311 $ 268,713  Performance Colors and Glass 106,637 95,933 210,155 184,103  Color Solutions 90,249 61,455 180,721 122,612  Total net sales $ 348,632 $ 297,977 $ 669,187 $ 575,428  Each segment’s gross profit and reconciliations to income before income taxes are presented in the table below:      Three Months Ended Six Months Ended  June 30, June 30,  2017 2016 2017 2016  (Dollars in thousands)  Performance Coatings $ 40,246 $ 39,234 $ 73,735 $ 71,349  Performance Colors and Glass 40,087 36,705 77,505 68,543  Color Solutions 28,416 22,404 56,598 42,690  Other cost of sales (407) 30 (702) 20  Total gross profit 108,342 98,373 207,136 182,602  Selling, general and administrative expenses 62,514 57,871 121,472 110,517  Restructuring and impairment charges 3,224 787 6,242 1,668  Other expense, net 12,680 6,371 20,239 9,291  Income before income taxes $ 29,924 $ 33,344 $ 59,183 $ 61,126 

Recent Accounting Pronounceme26

Recent Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 30, 2017
Recent Accounting Pronouncements [Abstract]
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-09, Compensation – Stock Compensation: (Topic 718): Improvements to Employee Share-Based Payment Accounting. ASU 2016-09 is intended to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This new guidance requires all income tax effects of awards to be recognized as income tax expense or benefit in the income statement when the awards vest or are settled. Cash flow related to excess tax benefits will no longer be classified as a financing activity on the statement of cash flows but will be presented with all other income tax cash flows as an operating activity. The new guidance also provides an accounting policy election to account for forfeitures as they occur. Finally, the updated standard also allows the Company to repurchase more of an employee’s shares for tax withholding purposes without triggering liability accounting and clarifies that all cash tax payments made on an employee’s behalf for withheld shares should be presented as financing activities on the statement of cash flows.  The Company adopted ASU 2016-09, in the first quarter of 2017. As a result of the adoption, tax benefits of $ 0.3 million were recorded in income tax expense. The Company has elected to account for forfeitures as they occur. In addition, the Company elected to apply the presentation requirements for cash flows related to excess tax benefits prospectively. The presentation requirements for cash flows related to employee taxes paid for withheld shares had no impact on the statements of cash flows since the Company has historically presented such payments as financing activities.
New Accounting Standards	New Accounting Standards In May 2017, the FASB issued ASU 2017-09, Compensation – Stock Compensation: (Topic 718): Scope of Modification Accounting. ASU 2017-09 provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. This pronouncement is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The Company is in the process of assessing the impact that the adoption of this ASU will have on our consolidated financial statements. In March 2017, the FASB issued ASU 2017-07, Compensation – Retirement Benefits: (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Costs. ASU 2017-07 requires that an employer report the service cost component in the same line item as other compensation costs arising from services rendered during the period. The other components of net benefit costs are to be presented in the income statement separately from the service costs component and outside a subtotal of income from operations. Employers will have to disclose the line(s) used to present the other components of net periodic benefit cost, if the components are not presented separately in the income statement . This pronouncement is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The Company is in the process of assessing the impact that the adoption of this ASU will have on our consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other: (Topic 350): Simplifying the Test for Goodwill Impairment. ASU 2017-04 is intended to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. This pronouncement is effective for the annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. The Company is in the process of assessing the impact that the adoption of this ASU will have on our consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, Business Combinations: (Topic 805): Clarifying the Definition of a Business. ASU 2017-01 is intended to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or dispositions) of assets or businesses. This pronouncement is effective for the annual periods beginning after December 15, 2017, including interim periods within those fiscal years. The Company is in the process of assessing the impact that the adoption of this ASU will have on our consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, Income Taxes: (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. ASU 2016-16 is intended to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory and requires the recognition of the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. This pronouncement is effective for the annual periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. The Company is in the process of assessing the impact that the adoption of this ASU will have on our consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flow: (Topic 230): Classification of Certain Cash Receipts and Cash Payments. ASU 2016-15 is intended to address eight specific cash flow issues with the objective of reducing the existing diversity in practice. This pronouncement is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is in the process of assessing the impact the adoption of this ASU will have on our consolidated financial statements.  In February 2016, the FASB issued ASU 2016-02, Leases: (Topic 842). ASU 2016-02 requires companies to recognize a lease liability and asset on the balance sheet for operating leases with a term greater than one year. This pronouncement is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company is in the process of assessing the impact the adoption of this ASU will have on our consolidated financial statements.  In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers: (Topic 606) . This ASU replaces nearly all existing U.S. GAAP guidance on revenue recognition. The standard prescribes a five-step model for recognizing revenue, the application of which will require significant judgment. This standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. The Company continues to assess the impact of the standard. While we anticipate some changes to revenue recognition for certain customer contracts, we do not currently believe ASU 2014-09 will have a material effect on our consolidated financial statements.  No other new accounting pronouncements issued had or are expected to have a material impact of the Company’s consolidated financial statements.

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2017
Discontinued Operations [Abstract]
Summary Of Discontinued Operations	   Three Months Ended Six Months Ended  June 30, 2016 June 30, 2016  (Dollars in thousands)  Net sales $ 6,900 $ 14,650  Cost of sales 10,789 22,819  Gross loss (3,889) (8,169)  Selling, general and administrative expenses 1,502 2,505  Restructuring and impairment charges — 24,059  Interest expense 40 276  Miscellaneous expense (income) 30 (387)  Loss from discontinued operations before income taxes (5,461) (34,622)  Income tax expense 287 620  Loss from discontinued operations, net of income taxes $ (5,748) $ (35,242) 

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2017
Inventories [Abstract]
Inventories	   June 30, December 31,  2017 2016  (Dollars in thousands)  Raw materials $ 91,510 $ 72,943  Work in process 46,804 38,859  Finished goods 133,866 118,045  Total inventories $ 272,180 $ 229,847 

Goodwill And Other Intangible29

Goodwill And Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Goodwill And Other Intangible Assets [Abstract]
Details and Activity of Goodwill by Segment	  Performance  Performance Color Colors and  Coatings Solutions Glass Total  (Dollars in thousands)  Goodwill, net at December 31, 2016 $ 28,090 $ 40,421 $ 79,785 $ 148,296  Acquisitions 4,494 2 — (854) 1 3,640  Foreign currency adjustments 2,561 1,143 2,188 5,892  Goodwill, net at June 30, 2017 $ 35,145 $ 41,564 $ 81,119 $ 157,828  (1) During the first quarter of 2017, the Company recorded a purchase price adjustment within the measurement period for goodwill related to the ESL acquisition. During the second quarter of 2017, the Company recorded goodwill related to the SPC acquisition. Refer to Note 4 for additional details.
Summary of Impairment of Goodwill	  June 30, December 31,  2017 2016  (Dollars in thousands)  Goodwill, gross $ 216,295 $ 206,763  Accumulated impairment losses (58,467) (58,467)  Goodwill, net $ 157,828 $ 148,296 
Details of Amortizable Intangible Assets	  June 30, December 31,  2017 2016  (Dollars in thousands)  Gross amortizable intangible assets:  Patents $ 5,277 $ 5,147  Land rights 4,816 4,746  Technology/know-how and other 90,441 84,837  Customer relationships 84,914 80,153  Total gross amortizable intangible assets 185,448 174,883  Accumulated amortization:  Patents (5,155) (4,981)  Land rights (2,776) (2,698)  Technology/know-how and other (38,667) (34,775)  Customer relationships (7,857) (5,311)  Total accumulated amortization (54,455) (47,765)  Amortizable intangible assets, net $ 130,993 $ 127,118 
Schedule of Indefinite-Lived Intangible Assets	  June 30, December 31,  2017 2016  (Dollars in thousands)  Indefinite-lived intangibles assets:  Trade names and trademarks $ 11,531 $ 10,732 

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2017
Debt [Abstract]
Loans Payable And Current Portion Of Long-Term Debt	   June 30, December 31,  2017 2016  (Dollars in thousands)  Loans payable $ 14,508 $ 11,452  Current portion of long-term debt 8,543 5,858  Loans payable and current portion of long-term debt $ 23,051 $ 17,310 
Summary Of Long-Term Debt	   June 30, December 31,  2017 2016  (Dollars in thousands)   Term loan facility, net of unamortized issuance costs, maturing 2021 (1) $ — $ 239,530  Term loan facility, net of unamortized issuance costs, maturing 2024 (2) 633,463 —  Revolving credit facility, maturing 2019 — 311,555  Capital lease obligations 5,216 3,720  Other notes 7,727 8,228  Total long-term debt 646,406 563,033  Current portion of long-term debt (8,543) (5,858)  Long-term debt, less current portion $ 637,863 $ 557,175  (1) The carrying value of the term loan facility, maturing 2021, was net of unamortized debt issuance costs of $3.7 million. (2) The carrying value of the term loan facility, maturing 2024, is net of unamortized debt issuance costs of $8.1 million.

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2017
Financial Instruments [Abstract]
Financial Instruments Assets (Liabilities) Measured At Fair Value	   June 30, 2017  Carrying Fair Value  Amount Total Level 1 Level 2 Level 3  (Dollars in thousands)  Cash and cash equivalents $ 78,866 $ 78,866 $ 78,866 $ — $ —  Loans payable (14,508) (14,508) — (14,508) —  Term loan facility, maturing 2024 (1) (633,463) (633,622) — (633,622) —  Other long-term notes payable (7,727) (6,870) — (6,870) —  Foreign currency forward contracts, net (1,188) (1,188) — (1,188) —      December 31, 2016  Carrying Fair Value  Amount Total Level 1 Level 2 Level 3  (Dollars in thousands)  Cash and cash equivalents $ 45,582 $ 45,582 $ 45,582 $ — $ —  Loans payable (11,452) (11,452) — (11,452) —  Term loan facility, maturing 2021 (1) (239,530) (252,052) — (252,052) —  Revolving credit facility, maturing 2019 (311,555) (318,389) — (318,389) —  Other long-term notes payable (8,228) (7,315) — (7,315) —  Foreign currency forward contracts, net 350 350 — 350 —  (1) The carrying value of the term loan facility is net of unamortized debt issuance costs of $8.1 million and $3.7 million for the period ended June 30, 2017, and December 31, 2016, respectively .
Schedule of Loss Recognized in AOCI and the Amount of Loss Reclassified into Income	 The amount of loss recognized in AOCI and the amount of loss reclassified into earnings for the three months ended June 30, 2017 and 2016, respectively, follow:     Amount of (Loss) Amount of Loss Reclassified  Recognized in AOCI from AOCI into Income  2017 2016 2017 2016  (Dollars in thousands)  Net investment hedge $ (6,828) $ — $ — $ —  The amount of loss recognized in AOCI and the amount of loss reclassified into earnings for the six months ended June 30, 2017 and 2016, respectively, follow:     Amount of (Loss) Amount of Loss Reclassified  Recognized in AOCI from AOCI into Income  2017 2016 2017 2016  (Dollars in thousands)  Net investment hedge $ (6,828) $ — $ — $ — 
Effect On Derivative Instruments On Consolidated Statements Of Operations	   Amount of (Loss) Gain  Recognized in Earnings  Three Months Ended  June 30,  2017 2016 Location of (Loss) Gain in Earnings  (Dollars in thousands)  Foreign currency forward contracts $ (2,954) $ 5,884 Foreign currency losses, net          Amount of (Loss)  Recognized in Earnings   Six Months Ended  June 30,   2017 2016 Location of (Loss) in Earnings   (Dollars in thousands)  Foreign currency forward contracts $ (2,711) $ (4,684) Foreign currency losses, net 
Fair Value Of Derivative Instruments On Consolidated Balance Sheets	   June 30, December 31,  2017 2016 Balance Sheet Location  (Dollars in thousands)  Asset derivatives:  Foreign currency forward contracts $ 365 $ 1,854 Other current assets  Liability derivatives:  Foreign currency forward contracts $ (1,553) $ (1,504) Accrued expenses and other current liabilities 

Retirement Benefits (Tables)

Retirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2017
Retirement Benefits [Abstract]
Net Periodic Benefit (Credit) Cost	    U.S. Pension Plans Non-U.S. Pension Plans Other Benefit Plans  Three Months Ended June 30,  2017 2016 2017 2016 2017 2016  (Dollars in thousands)  Service cost $ 4 $ 4 $ 423 $ 371 $ — $ —  Interest cost 3,666 3,937 606 954 211 236  Expected return on plan assets (4,740) (4,935) (222) (525) — —  Amortization of prior service cost 2 3 11 11 — —  Net periodic benefit (credit) cost $ (1,068) $ (991) $ 818 $ 811 $ 211 $ 236   Net periodic benefit (credit) cost for the six months ended June 30, 2017 and 2016, respectively, follow:     U.S. Pension Plans Non-U.S. Pension Plans Other Benefit Plans   Six Months Ended June 30,   2017 2016 2017 2016 2017 2016   (Dollars in thousands)  Service cost $ 9 $ 9 $ 827 $ 734 $ — $ —  Interest cost 7,331 7,875 1,179 1,893 422 472  Expected return on plan assets (9,479) (9,870) (432) (1,045) — —  Amortization of prior service cost 3 6 21 22 — —  Net periodic benefit (credit) cost $ (2,136) $ (1,980) $ 1,595 $ 1,604 $ 422 $ 472 

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2017
Stock-Based Compensation [Abstract]
Details Of Weighted-Average Grant-Date Fair Values And Assumptions Used For Estimating Fair Values	   Stock Options  Weighted-average grant-date fair value $ 7.26  Expected life, in years 6.0  Risk-free interest rate 2.3 %  Expected volatility 51.5 % 

Restructuring And Cost Reduct34

Restructuring And Cost Reduction Programs (Tables)	6 Months Ended
	Jun. 30, 2017
Restructuring And Cost Reduction Programs [Abstract]
Summary Of Accruals Related To Restructuring And Cost Reduction Programs	   Employee Other Asset  Severance Costs Impairment Total  (Dollars in thousands)  Balances at December 31, 2016 $ 239 $ 1,489 $ — $ 1,728  Restructuring charges 1,795 1,772 1,176 4,743  Cash payments (1,715) (652) — (2,367)  Non-cash items 51 (1,325) (1,176) (2,450)  Balances at June 30, 2017 $ 370 $ 1,284 $ — $ 1,654 

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Calculations Of Basic And Diluted Earnings Per Share	   Three Months Ended Six Months Ended  June 30, June 30,  2017 2016 2017 2016  (Dollars in thousands, except per share amounts)  Basic earnings per share computation:  Net income attributable to Ferro Corporation common shareholders $ 21,025 $ 18,969 $ 42,923 $ 9,003  Adjustment for loss from discontinued operations — 5,748 — 35,242  Total $ 21,025 $ 24,717 $ 42,923 $ 44,245  Weighted-average common shares outstanding 83,673 83,209 83,602 83,260  Basic earnings per share from continuing operations attributable to Ferro Corporation common shareholders $ 0.25 $ 0.30 $ 0.51 $ 0.53  Diluted earnings per share computation:  Net income attributable to Ferro Corporation common shareholders $ 21,025 $ 18,969 $ 42,923 $ 9,003  Adjustment for loss from discontinued operations — 5,748 — 35,242  Total $ 21,025 $ 24,717 $ 42,923 $ 44,245  Weighted-average common shares outstanding 83,673 83,209 83,602 83,260  Assumed exercise of stock options 677 551 599 462  Assumed exercise of deferred stock unit conditions — 80 — —  Assumed satisfaction of restricted stock unit conditions 425 473 376 419  Assumed satisfaction of performance stock unit conditions 502 111 503 58  Weighted-average diluted shares outstanding 85,277 84,424 85,080 84,199  Diluted earnings per share from continuing operations attributable to Ferro Corporation common shareholders $ 0.25 $ 0.29 $ 0.50 $ 0.53 

Accumulated Other Comprehensi36

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss) [Abstract]
Changes In Accumulated Other Comprehensive (Loss) Income By Component, Net Of Tax	   Three Months Ended June 30,  Postretirement  Benefit Liability Translation Other  Adjustments Adjustments Adjustments Total  (Dollars in thousands)  Balances at March 31, 2016 $ 1,079 $ (63,769) $ (70) $ (62,760)  Other comprehensive income (loss) before reclassifications — (3,117) — (3,117)  Reclassification to earnings:  Postretirement benefit liabilities income 27 — — 27  Net current period other comprehensive income (loss) 27 (3,117) — (3,090)  Balances at June 30, 2016 $ 1,106 $ (66,886) $ (70) $ (65,850)   Balances at March 31, 2017 $ 1,137 $ (100,543) $ (70) $ (99,476)  Other comprehensive income (loss) before reclassifications — 13,790 — 13,790  Reclassification to earnings:  Postretirement benefit liabilities income 16 — — 16  Net current period other comprehensive income (loss) 16 13,790 — 13,806  Balances at June 30, 2017 $ 1,153 $ (86,753) $ (70) $ (85,670)      Six Months Ended June 30,  Postretirement  Benefit Liability Translation Other  Adjustments Adjustments Adjustments Total   (Dollars in thousands)  Balances at December 31, 2015 $ 811 $ (62,059) $ (70) $ (61,318)  Other comprehensive income (loss) before reclassifications — (4,827) — (4,827)  Reclassification to earnings:  Postretirement benefit liabilities income 295 — — 295  Net current period other comprehensive income (loss) 295 (4,827) — (4,532)  Balances at June 30, 2016 $ 1,106 $ (66,886) $ (70) $ (65,850)   Balances at December 31, 2016 $ 1,141 $ (107,714) $ (70) $ (106,643)  Other comprehensive income (loss) before reclassifications — 20,961 — 20,961  Reclassification to earnings:  Postretirement benefit liabilities income 12 — — 12  Net current period other comprehensive income (loss) 12 20,961 — 20,973  Balances at June 30, 2017 $ 1,153 $ (86,753) $ (70) $ (85,670)                 

Reporting For Segments (Tables)

Reporting For Segments (Tables)	6 Months Ended
	Jun. 30, 2017
Reporting For Segments [Abstract]
Net Sales To External Customers By Segment	   Three Months Ended Six Months Ended  June 30, June 30,  2017 2016 2017 2016  (Dollars in thousands)  Performance Coatings $ 151,746 $ 140,589 $ 278,311 $ 268,713  Performance Colors and Glass 106,637 95,933 210,155 184,103  Color Solutions 90,249 61,455 180,721 122,612  Total net sales $ 348,632 $ 297,977 $ 669,187 $ 575,428 
Segment's Gross Profit And Reconciliations To Income Before Income Taxes	   Three Months Ended Six Months Ended  June 30, June 30,  2017 2016 2017 2016  (Dollars in thousands)  Performance Coatings $ 40,246 $ 39,234 $ 73,735 $ 71,349  Performance Colors and Glass 40,087 36,705 77,505 68,543  Color Solutions 28,416 22,404 56,598 42,690  Other cost of sales (407) 30 (702) 20  Total gross profit 108,342 98,373 207,136 182,602  Selling, general and administrative expenses 62,514 57,871 121,472 110,517  Restructuring and impairment charges 3,224 787 6,242 1,668  Other expense, net 12,680 6,371 20,239 9,291  Income before income taxes $ 29,924 $ 33,344 $ 59,183 $ 61,126 

Recent Accounting Pronounceme38

Recent Accounting Pronouncements (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income tax benefit	$ (8,695)	$ (8,484)	$ (15,833)	$ (16,502)
Accounting Standards Update 2016-09 [Member]
Income tax benefit			$ 300

Discontinued Operations (Summar

Discontinued Operations (Summary Of Discontinued Operations) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Loss from discontinued operations, net of income taxes	$ (5,748)	$ (35,242)
Polymer Additives And Specialty Plastics [Member]
Net sales	6,900	14,650
Cost of sales	10,789	22,819
Gross loss	(3,889)	(8,169)
Selling, general and administrative expenses	1,502	2,505
Restructuring and impairment charges		24,059
Interest expense	40	276
Miscellaneous expense (income)	30	(387)
Loss from discontinued operations before income taxes	(5,461)	(34,622)
Income tax expense	287	620
Loss from discontinued operations, net of income taxes	$ (5,748)	$ (35,242)

Aquisitions (Narrative) (Detail

Aquisitions (Narrative) (Details) $ in Thousands, € in Millions	Apr. 24, 2017EUR (€)	Apr. 24, 2017USD ($)	Dec. 09, 2016EUR (€)	Dec. 09, 2016USD ($)	Oct. 31, 2016USD ($)	Aug. 01, 2016USD ($)	Jun. 01, 2016EUR (€)	Jun. 01, 2016USD ($)	Jan. 05, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Apr. 24, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 09, 2016USD ($)
Business Acquisition [Line Items]
Goodwill										$ 157,828	$ 157,828			$ 148,296
Acquisition of commercial assets											14,752	$ 6,639
Performance Coatings [Member]
Business Acquisition [Line Items]
Goodwill										35,145	35,145			28,090
Performance Colors And Glass [Member]
Business Acquisition [Line Items]
Goodwill										81,119	81,119			$ 79,785
S.P.C. Group s.r.l. [Member]
Business Acquisition [Line Items]
Business acquisition, percentage of voting interests acquired	100.00%												100.00%
Smalti per Ceramiche, SRL [Member]
Business Acquisition [Line Items]
Business acquisition, percentage of voting interests acquired	100.00%												100.00%
Business acquisition	€ 17.8	$ 19,300
Acquisition related costs										800	1,200
Amortizable intangible assets													$ 4,400
Goodwill													4,500
Personal and real property													6,700
Deferred tax liabilities													1,800
Debt | €	€ 5.8
Net working capital													$ 5,500
Cappelle [Member]
Business Acquisition [Line Items]
Business acquisition, percentage of voting interests acquired			100.00%												100.00%
Business acquisition			€ 49.8	$ 52,700
Acquired business contributed revenues										19,100	38,100
Acquired business contributed earnings										500	1,100
Goodwill															$ 3,500
Personal and real property															24,100
Deferred tax liabilities															3,500
Debt | €			€ 9.8
Net working capital															$ 28,600
Electro Science Laboratories ("ESL") [Member]
Business Acquisition [Line Items]
Business acquisition, percentage of voting interests acquired					100.00%
Business acquisition					$ 78,500
Acquired business contributed revenues										10,600	21,300
Acquired business contributed earnings										$ 1,800	2,700
Acquisition related costs											$ 300
Amortizable intangible assets					39,700
Goodwill					19,000
Personal and real property					2,900
Deferred tax liabilities					2,000
Net working capital					$ 18,900
Delta Performance [Member]
Business Acquisition [Line Items]
Business acquisition						$ 4,400
Amortizable intangible assets						3,200
Goodwill						400
Deferred tax asset						200
Net working capital						$ 600
Pinturas [Member]
Business Acquisition [Line Items]
Business acquisition, percentage of voting interests acquired								100.00%
Business acquisition							€ 16.5	$ 18,400
Amortizable intangible assets								8,800
Goodwill								3,900
Personal and real property								700
Deferred tax liabilities								2,700
Net working capital								$ 7,700
Ferer [Member]
Business Acquisition [Line Items]
Business acquisition, percentage of voting interests acquired									100.00%
Cash payments to acquire businesses									$ 9,400
Amortizable intangible assets									3,300
Goodwill									4,500
Personal and real property									600
Deferred tax liabilities									700
Net working capital									$ 1,700

Inventories (Narrative) (Detail

Inventories (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Inventories [Abstract]
Terms of precious metals consignment agreements, maximum			1 year
Fees under precious metals consignment agreements	$ 0.3	$ 0.2	$ 0.5	$ 0.4
Fair value of precious metals on hand under consignment agreements	$ 33.4		$ 33.4		$ 28.7

Inventories (Inventories) (Deta

Inventories (Inventories) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Inventories [Abstract]
Raw materials	$ 91,510	$ 72,943
Work in process	46,804	38,859
Finished goods	133,866	118,045
Total inventories	$ 272,180	$ 229,847

Property, Plant And Equipment (

Property, Plant And Equipment (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Total accumulated depreciation	$ 475.4		$ 439.4
Unpaid capital expenditure liabilities	$ 3.8	$ 2.1
Assets held for sale, impairment charge		24.1
Australia [Member]
Gain (loss) on assets sold		$ 3.9

Goodwill And Other Intangible44

Goodwill And Other Intangible Assets (Details and Activity of Goodwill by Segment) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill, beginning balance	$ 148,296
Acquisitions	3,640
Foreign currency adjustment	5,892
Goodwill net, ending balance	157,828
Performance Coatings [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill, beginning balance	28,090
Acquisitions	4,494
Foreign currency adjustment	2,561
Goodwill net, ending balance	35,145
Color Solutions [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill, beginning balance	40,421
Foreign currency adjustment	1,143
Goodwill net, ending balance	41,564
Performance Colors And Glass [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill, beginning balance	79,785
Acquisitions	(854)
Foreign currency adjustment	2,188
Goodwill net, ending balance	$ 81,119

Goodwill And Other Intangible45

Goodwill And Other Intangible Assets (Summary of Impairment of Goodwill) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Goodwill And Other Intangible Assets [Abstract]
Goodwill, gross	$ 216,295	$ 206,763
Accumulated impairment losses	(58,467)	(58,467)
Goodwill, net	$ 157,828	$ 148,296

Goodwill And Other Intangible46

Goodwill And Other Intangible Assets (Details of Amortizable Intangible Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Amortization Of Intangible Assets [Line Items]
Total gross amortizable intangible assets	$ 185,448	$ 174,883
Total accumulated amortization	(54,455)	(47,765)
Amortizable intangible assets, net	130,993	127,118
Patents [Member]
Amortization Of Intangible Assets [Line Items]
Total gross amortizable intangible assets	5,277	5,147
Total accumulated amortization	(5,155)	(4,981)
Land Rights [Member]
Amortization Of Intangible Assets [Line Items]
Total gross amortizable intangible assets	4,816	4,746
Total accumulated amortization	(2,776)	(2,698)
Technology/Know-how And Other [Member]
Amortization Of Intangible Assets [Line Items]
Total gross amortizable intangible assets	90,441	84,837
Total accumulated amortization	(38,667)	(34,775)
Customer Relationships [Member]
Amortization Of Intangible Assets [Line Items]
Total gross amortizable intangible assets	84,914	80,153
Total accumulated amortization	$ (7,857)	$ (5,311)

Goodwill And Other Intangible47

Goodwill And Other Intangible Assets (Schedule of Indefinite-Lived Intangible Assets) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Trade Names and Trademarks [Member]
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	$ 11,531	$ 10,732

Debt (Narrative) (Details)

Debt (Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017EUR (€)	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Debt Instrument [Line Items]
Equal quarterly installments in an amount equal to percentage of the original principal amount of the term loans			0.25%
Additional commitments under the revolving line of credit or term loans			$ 250,000,000
Loss on extinguishment of debt			3,905,000
Long-term debt						$ 646,406,000	$ 563,033,000
Foreign currency (gains) losses, net	$ (4,868,000)	$ (389,000)	(4,554,000)	$ (2,000,000)
Other Financing Arrangements [Member]
Debt Instrument [Line Items]
Debt facility amount						63,300,000	7,300,000
Additional borrowings available						$ 40,400,000	6,700,000
Previous Credit Facility [Member]
Debt Instrument [Line Items]
Loss on extinguishment of debt			$ 3,900,000
Revolving Credit Facility, Maturing 2019 [Member]
Debt Instrument [Line Items]
Long-term debt							$ 311,555,000
Revolving Credit Facility, Maturing 2019 [Member] | Federal Funds Effective Swap Rate [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate			0.50%
Revolving Credit Facility, Maturing 2019 [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate			1.00%
Revolving Credit Facility, Maturing 2019 [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument [Line Items]
Applicable margin percentage					2.75%	2.75%
Revolving Credit Facility, Maturing 2019 [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate			0.00%
Applicable margin percentage					1.75%	1.75%
Revolving Credit Facility, Maturing 2019 [Member] | Base Rate [Member] | Maximum [Member]
Debt Instrument [Line Items]
Applicable margin percentage					1.75%	1.75%
Revolving Credit Facility, Maturing 2019 [Member] | Base Rate [Member] | Minimum [Member]
Debt Instrument [Line Items]
Applicable margin percentage					0.75%	0.75%
Secured Debt [Member] | Previous Credit Facility [Member]
Debt Instrument [Line Items]
Debt facility amount						$ 400,000,000
Term of debt instrument/credit facility			5 years
Secured Debt [Member] | Revolving Credit Facility, Maturing 2019 [Member]
Debt Instrument [Line Items]
Debt facility amount						400,000,000
Term of debt instrument/credit facility			5 years
Borrowings under revolving line of credit						0
Additional borrowings available						395,300,000
Previous Secured Term Loan [Member]
Debt Instrument [Line Items]
Term of debt instrument/credit facility			7 years
Debt amount issued						300,000,000
Secured Term Loan [Member]
Debt Instrument [Line Items]
Term of debt instrument/credit facility			7 years
Debt amount issued						357,500,000
Long-term debt						356,600,000
Additional borrowings available under the term loan facility						$ 0
Applicable margin percentage					3.73%	3.73%
Secured Term Loan [Member] | Federal Funds Effective Swap Rate [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate			0.50%
Secured Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate			1.00%
Applicable margin percentage					2.50%	2.50%
Secured Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate			0.75%
Secured Term Loan [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Applicable margin percentage					1.50%	1.50%
Secured Euro Term Loan [Member]
Debt Instrument [Line Items]
Term of debt instrument/credit facility			7 years
Debt amount issued | €					€ 250,000,000
Long-term debt						$ 249,400,000
Applicable margin percentage					2.75%	2.75%
Secured Euro Term Loan [Member] | EURIBOR [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate			0.00%
Applicable margin percentage					2.75%	2.75%
U.S. Subsidiaries [Member]
Debt Instrument [Line Items]
Stock pledged as collateral, percentage			100.00%
Foreign Subsidiaries [Member]
Debt Instrument [Line Items]
Stock pledged as collateral, percentage			65.00%

Debt (Loans Payable And Current

Debt (Loans Payable And Current Portion of Long-Term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Short-term Debt [Line Items]
Loans payable and current portion of long-term debt	$ 23,051	$ 17,310
Loans Payable [Member]
Short-term Debt [Line Items]
Loans payable and current portion of long-term debt	14,508	11,452
Current Portion Of Long-Term Debt [Member]
Short-term Debt [Line Items]
Loans payable and current portion of long-term debt	$ 8,543	$ 5,858

Debt (Summary Of Long Term Debt

Debt (Summary Of Long Term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Long-term debt	$ 646,406	$ 563,033
Current portion of long-term debt	(8,543)	(5,858)
Long-term debt, less current portion	637,863	557,175
Term Loan Facility, Net Of Unamortized Issuance Costs, Maturing 2021 [Member]
Debt Instrument [Line Items]
Long-term debt		239,530
Unamortized debt issuance costs		3,700
Term Loan Facility, Net Of Unamortized Issuance Costs, Maturing 2024 [Member]
Debt Instrument [Line Items]
Long-term debt	633,463
Unamortized debt issuance costs	8,100
Revolving Credit Facility, Maturing 2019 [Member]
Debt Instrument [Line Items]
Long-term debt		311,555
Capital Lease Obligations [Member]
Debt Instrument [Line Items]
Long-term debt	5,216	3,720
Other Notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 7,727	$ 8,228

Financial Instruments (Narrativ

Financial Instruments (Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017EUR (€)	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Gain (loss) from the change in fair value of financial instruments	$ (3,000,000)	$ 5,900,000	$ (2,700,000)	$ (4,700,000)
Notional amount						$ 192,500,000	$ 338,200,000
Net Investment Hedging [Member]
Notional amount | €					€ 130,000,000
Amount of Ineffectiveness on Net Investment Hedges	0		0
Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Cash Flow Hedges Derivative Instruments at Fair Value, Net						0
Gain (Loss) from Components Excluded from Assessment of Cash Flow Hedge Effectiveness, Net	$ 0		$ 0
Secured Term Loan [Member]
Debt amount issued						357,500,000
Secured Term Loan [Member] | Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Debt amount issued						$ 150,000,000
Secured Euro Term Loan [Member]
Debt amount issued | €					250,000,000
Secured Euro Term Loan [Member] | Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Debt amount issued | €					€ 90,000,000

Financial Instruments (Financia

Financial Instruments (Financial Instruments Assets (Liabilities) Measured At Fair Value) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Financial Instruments And Fair Value Measurements [Line Items]
Cash and cash equivalents, Carrying Amount	$ 78,866	$ 45,582	$ 49,416	$ 58,380
Loans payable, Carrying Amount	(14,508)	(11,452)
Long-term debt, Carrying Amount	(646,406)	(563,033)
Foreign currency forward contracts, net, Carrying Amount	(1,188)	350
Cash and cash equivalents, Fair Value	78,866	45,582
Loans payable, Fair Value	(14,508)	(11,452)
Foreign currency forward contracts, net, Fair Value	(1,188)	350
Revolving Credit Facility, Maturing 2019 [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Long-term debt, Carrying Amount		(311,555)
Long-term debt, Fair Value		(318,389)
Term Loan Facility, Net Of Unamortized Issuance Costs, Maturing 2021 [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Long-term debt, Carrying Amount		(239,530)
Long-term debt, Fair Value		(252,052)
Unamortized debt issuance costs	8,100	3,700
Term Loan Facility, Net Of Unamortized Issuance Costs, Maturing 2024 [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Long-term debt, Carrying Amount	(633,463)
Long-term debt, Fair Value	(633,622)
Other Long-Term Notes Payable [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Long-term debt, Carrying Amount	(7,727)	(8,228)
Long-term debt, Fair Value	(6,870)	(7,315)
Level 1 [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Cash and cash equivalents, Fair Value	78,866	45,582
Level 2 [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Loans payable, Fair Value	(14,508)	(11,452)
Foreign currency forward contracts, net, Fair Value	(1,188)	350
Level 2 [Member] | Revolving Credit Facility, Maturing 2019 [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Long-term debt, Fair Value		(318,389)
Level 2 [Member] | Term Loan Facility, Net Of Unamortized Issuance Costs, Maturing 2021 [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Long-term debt, Fair Value		(252,052)
Level 2 [Member] | Term Loan Facility, Net Of Unamortized Issuance Costs, Maturing 2024 [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Long-term debt, Fair Value	(633,622)
Level 2 [Member] | Other Long-Term Notes Payable [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Long-term debt, Fair Value	(6,870)	$ (7,315)
Level 3 [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Cash and cash equivalents, Fair Value
Loans payable, Fair Value
Foreign currency forward contracts, net, Fair Value
Level 3 [Member] | Term Loan Facility, Net Of Unamortized Issuance Costs, Maturing 2024 [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Long-term debt, Fair Value
Level 3 [Member] | Other Long-Term Notes Payable [Member]
Financial Instruments And Fair Value Measurements [Line Items]
Long-term debt, Fair Value

Financial Instruments (Schedule

Financial Instruments (Schedule of Loss Recognized in AOCI and the Amount of Loss Reclassified into Income) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
Net Investment Hedging [Member]
Amount of (Loss) Recognized in AOCI	$ (6,828)	$ (6,828)

Financial Instruments (Effect O

Financial Instruments (Effect On Derivative Instruments On Consolidated Statements Of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Foreign Currency Forward Contracts [Member] | Foreign Currency Losses, Net [Member] | Not Designated As Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Loss) Gain Recognized in Earnings	$ (2,954)	$ 5,884	$ (2,711)	$ (4,684)

Financial Instruments (Fair Val

Financial Instruments (Fair Value Of Derivative Instruments On Consolidated Balance Sheets) (Details) - Not Designated As Hedging Instrument [Member] - Foreign Currency Forward Contracts [Member] - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Asset derivatives	$ 365	$ 1,854
Accrued Expenses And Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability derivatives	$ (1,553)	$ (1,504)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Taxes [Abstract]
Income tax expense	$ 8,695	$ 8,484	$ 15,833	$ 16,502
Percentage of pre-tax income			26.80%	27.00%
U.S. federal statutory income tax rate			35.00%

Contingent Liabilities (Details

Contingent Liabilities (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016
Commitments And Contingent Liabilities [Line Items]
Undiscounted remediation liability associated with environmentally contaminated non-operating facility	$ 6.8		$ 7.2
Argentina [Member] | Argentina Supreme Court [Member]
Commitments And Contingent Liabilities [Line Items]
Contingent tax liability	$ 3.9	$ 4.6	$ 8.7
Loss contingency, term of repayment	5 years

Retirement Benefits (Net Period

Retirement Benefits (Net Periodic Benefit (Credit) Cost) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Interest cost			$ 422	$ 472
Net periodic benefit (credit) cost			422	472
U.S. Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 4	$ 4	9	9
Interest cost	3,666	3,937	7,331	7,875
Expected return on plan assets	(4,740)	(4,935)	(9,479)	(9,870)
Amortization of prior service cost	2	3	3	6
Net periodic benefit (credit) cost	(1,068)	(991)	(2,136)	(1,980)
Non-U.S. Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	423	371	827	734
Interest cost	606	954	1,179	1,893
Expected return on plan assets	(222)	(525)	(432)	(1,045)
Amortization of prior service cost	11	11	21	22
Net periodic benefit (credit) cost	818	811	$ 1,595	$ 1,604
Other Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest cost	211	236
Net periodic benefit (credit) cost	$ 211	$ 236

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock reserved under plan	4,400,000
Recognized stock-based compensation expense	$ 5.4	$ 2.2
Unearned compensation cost related to the unvested portion of all stock-based awards	$ 10
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share based compensation units granted	200,000
Weighted average grant date fair value	$ 7.26
Performance Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share based compensation units granted	200,000
Weighted average grant date fair value	$ 14.89
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share based compensation units granted	200,000
Restricted stock unit vesting period	3 years
Weighted-average grant date fair value	$ 14.27

Stock-Based Compensation (Detai

Stock-Based Compensation (Details Of Weighted-Average Grant-Date Fair Values And Assumptions Used For Estimating Fair Values) (Details) - Stock Options [Member]	6 Months Ended
	Jun. 30, 2017$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant-date fair value	$ 7.26
Expected life, in years	6 years
Risk-free interest rate	2.30%
Expected volatility	51.50%

Restructuring And Cost Reduct61

Restructuring And Cost Reduction Programs (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Restructuring And Cost Reduction Programs [Abstract]
Restructuring and impairment charges	$ 3,224	$ 787	$ 6,242	$ 1,668
Equity method impairment charge	$ 1,500		$ 1,500
Period expected for cash payments for employee benefits and other costs			over the next twelve months where applicable

Restructuring And Cost Reduct62

Restructuring And Cost Reduction Programs (Summary Of Accruals Related To Restructuring And Cost Reduction Programs) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)
Restructuring Cost and Reserve [Line Items]
Beginning balance	$ 1,728
Restructuring charges	4,743
Cash payments	(2,367)
Non-cash items	(2,450)
Ending balance	1,654
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance	239
Restructuring charges	1,795
Cash payments	(1,715)
Non-cash items	51
Ending balance	370
Other Costs [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance	1,489
Restructuring charges	1,772
Cash payments	(652)
Non-cash items	(1,325)
Ending balance	1,284
Asset Impairment [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges	1,176
Non-cash items	$ (1,176)

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Anti-dilutive securities excluded from computation of earnings per share	1.8	2.5	1.9	2.8

Earnings Per Share (Calculation

Earnings Per Share (Calculations Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Basic earnings per share computation:
Net income attributable to Ferro Corporation common shareholders	$ 21,025	$ 18,969	$ 42,923	$ 9,003
Adjustment for loss from discontinued operations		5,748		35,242
Total	$ 21,025	$ 24,717	$ 42,923	$ 44,245
Weighted-average common shares outstanding	83,673	83,209	83,602	83,260
Basic earnings per share from continuing operations attributable to Ferro Corporation common shareholders	$ 0.25	$ 0.30	$ 0.51	$ 0.53
Diluted earnings per share computation:
Net income attributable to Ferro Corporation common shareholders	$ 21,025	$ 18,969	$ 42,923	$ 9,003
Adjustment for loss from discontinued operations		5,748		35,242
Total	$ 21,025	$ 24,717	$ 42,923	$ 44,245
Weighted-average common shares outstanding	83,673	83,209	83,602	83,260
Assumed exercise of stock options	677	551	599	462
Assumed exercise of deferred stock unit conditions		80
Assumed satisfaction of restricted stock unit conditions	425	473	376	419
Assumed satisfaction of performance stock unit conditions	502	111	503	58
Weighted-average diluted shares outstanding	85,277	84,424	85,080	84,199
Diluted earnings per share from continuing operations attributable to Ferro Corporation common shareholders	$ 0.25	$ 0.29	$ 0.50	$ 0.53

Share Repurchase Program (Detai

Share Repurchase Program (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2017
Share Repurchase Program [Abstract]
Stock Repurchase Program, Authorized Amount		$ 100,000,000
Purchase of treasury stock, shares	1,175,437
Treasury Stock Acquired, Average Cost Per Share	$ 9.72
Purchase of treasury stock	$ 11,429,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount		$ 50,000,000

Accumulated Other Comprehensi66

Accumulated Other Comprehensive Income (Loss) (Changes In Accumulated Other Comprehensive Income (Loss) by Component, Net of Tax) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balances			$ 247,113
Ending Balances	$ 314,904		314,904
Accumulated Other Comprehensive (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balances	(99,476)	$ (62,760)	(106,643)	$ (61,318)
Other comprehensive income (loss) before reclassifications	13,790	(3,117)	20,961	(4,827)
Postretirement benefit liabilities income	16	27	12	295
Net current period other comprehensive income (loss)	13,806	(3,090)	20,973	(4,532)
Ending Balances	(85,670)	(65,850)	(85,670)	(65,850)
Postretirement Benefit Liability Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balances	1,137	1,079	1,141	811
Postretirement benefit liabilities income	16	27	12	295
Net current period other comprehensive income (loss)	16	27	12	295
Ending Balances	1,153	1,106	1,153	1,106
Translation Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balances	(100,543)	(63,769)	(107,714)	(62,059)
Other comprehensive income (loss) before reclassifications	13,790	(3,117)	20,961	(4,827)
Net current period other comprehensive income (loss)	13,790	(3,117)	20,961	(4,827)
Ending Balances	(86,753)	(66,886)	(86,753)	(66,886)
Other Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balances	(70)	(70)	(70)	(70)
Ending Balances	$ (70)	$ (70)	$ (70)	$ (70)

Reporting For Segments (Net Sal

Reporting For Segments (Net Sales To External Customers By Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net sales	$ 348,632	$ 297,977	$ 669,187	$ 575,428
Performance Coatings [Member]
Net sales	151,746	140,589	278,311	268,713
Performance Colors And Glass [Member]
Net sales	106,637	95,933	210,155	184,103
Color Solutions [Member]
Net sales	$ 90,249	$ 61,455	$ 180,721	$ 122,612

Reporting For Segments (Segment

Reporting For Segments (Segment's Gross Profit And Reconciliations To Income Before Income Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Other cost of sales		$ 30		$ 20
Other cost of sales	$ (407)		$ (702)
Total gross profit	108,342	98,373	207,136	182,602
Selling, general and administrative expenses	62,514	57,871	121,472	110,517
Restructuring and impairment charges	3,224	787	6,242	1,668
Other expense, net	12,680	6,371	20,239	9,291
Income before income taxes	29,924	33,344	59,183	61,126
Performance Coatings [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total gross profit	40,246	39,234	73,735	71,349
Performance Colors And Glass [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total gross profit	40,087	36,705	77,505	68,543
Color Solutions [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Total gross profit	$ 28,416	$ 22,404	$ 56,598	$ 42,690