Tredegar (TG) 10-Q 1 May 14 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 28, 2014
Document And Entity Information [Abstract]	'	'
Entity Registrant Name	'TREDEGAR CORP	'
Entity Central Index Key	'0000850429	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus (Q1,Q2,Q3,FY)	'Q1	'
Amendment Flag	'false	'
Entity Common Stock, Shares Outstanding	'	32,376,304

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$45,227	$52,617
Accounts and other receivables, net of allowance for doubtful accounts and sales returns of $2,679 in 2014 and $3,327 in 2013	118,584	99,246
Inventories	70,530	70,663
Deferred income taxes	5,642	5,628
Prepaid expenses and other	5,188	6,353
Total current assets	245,171	234,507
Property, plant and equipment, at cost	811,603	798,839
Less accumulated depreciation	524,182	516,279
Net property, plant and equipment	287,421	282,560
Goodwill and other intangibles, net	226,672	226,300
Other assets and deferred charges	49,266	49,641
Total assets	808,530	793,008
Current liabilities:	'	'
Accounts payable	91,461	82,795
Accrued expenses	37,552	42,158
Income taxes payable	3,609	114
Total current liabilities	132,622	125,067
Long-term debt	134,000	139,000
Deferred income taxes	70,581	70,795
Other noncurrent liabilities	55,157	55,482
Total liabilities	392,360	390,344
Commitments and contingencies (Notes 1, 3 and 14)	'	'
Shareholders’ equity:	'	'
Common stock, no par value (issued and outstanding - 32,377,204 at March 31, 2014 and 32,305,145 at December 31, 2013)	21,225	20,641
Common stock held in trust for savings restoration plan	-1,423	-1,418
Foreign currency translation adjustment	-14,110	-19,205
Gain (loss) on derivative financial instruments	957	765
Pension and other postretirement benefit adjustments	-70,108	-71,848
Retained earnings	479,629	473,729
Total shareholders’ equity	416,170	402,664
Total liabilities and shareholders’ equity	$808,530	$793,008

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Accounts and other receivables, allowance for doubtful accounts and sales returns	$2,679	$3,327
Common stock, no par value	'	'
Common stock, shares issued	32,377,204	32,305,145
Common stock, shares outstanding	32,377,204	32,305,145

Consolidated_Statements_Of_Inc

Consolidated Statements Of Income (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Revenues and other items:	'	'
Sales	$235,213	$241,526
Other income (expense), net	-94	824
Total revenues, net of other expenses	235,119	242,350
Costs and expenses:	'	'
Cost of goods sold	190,694	197,488
Freight	6,770	7,202
Selling, general and administrative	18,319	18,496
Research and development	2,979	3,164
Amortization of intangibles	1,395	1,775
Interest expense	630	690
Asset impairments and costs associated with exit and disposal activities	1,245	254
Total	222,032	229,069
Income from continuing operations before income taxes	13,087	13,281
Income taxes from continuing operations	4,608	3,764
Income from continuing operations	8,479	9,517
Loss from discontinued operations	0	-5,240
Net income	$8,479	$4,277
Basic	'	'
Continuing operations	$0.26	$0.30
Discontinued operations	$0	($0.16)
Net income	$0.26	$0.14
Diluted	'	'
Continuing operations	$0.26	$0.29
Discontinued operations	$0	($0.16)
Net income	$0.26	$0.13
Shares used to compute earnings per share:	'	'
Basic	32,242	32,076
Diluted	32,621	32,480
Dividends per share	$0.07	$0.07

Consolidated_Statements_Of_Com

Consolidated Statements Of Comprehensive Income (Loss) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Statement of Comprehensive Income [Abstract]	'	'
Net income	$8,479	$4,277
Other comprehensive income (loss):	'	'
Foreign currency translation adjustment (net of tax of $125 in 2014 and tax benefit of $634 in 2013)	5,095	865
Derivative financial instruments adjustment (net of tax of $117 in 2014 and tax benefit of $299 in 2013)	192	-518
Amortization of prior service costs and net gains or losses (net of tax of $997 in 2014 and $1,336 in 2013)	1,740	2,313
Other comprehensive income	7,027	2,660
Comprehensive income	$15,506	$6,937

Consolidated_Statements_Of_Com1

Consolidated Statements Of Comprehensive Income (Loss) (Parenthetical) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Statement of Comprehensive Income [Abstract]	'	'
Foreign currency translation adjustment, (benefit) tax	$125	($634)
Derivative financial instruments adjustment, tax (benefit)	117	-299
Amortization of prior service costs and net gains or losses, tax	$997	$1,336

Consolidated_Statements_Of_Cas

Consolidated Statements Of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:	'	'
Net income	$8,479	$4,277
Adjustments for noncash items:	'	'
Depreciation	8,751	9,478
Amortization of intangibles	1,395	1,775
Deferred income taxes	-2,157	-1,048
Accrued pension and postretirement benefits	2,252	3,403
Gain on investment accounted for under the fair value method	0	-1,100
Loss on asset impairments and divestitures	400	0
Changes in assets and liabilities, net of effects of acquisitions and divestitures:	'	'
Accounts and other receivables	-18,912	-16,679
Inventories	304	-4,486
Income taxes recoverable/payable	3,502	5,861
Prepaid expenses and other	1,360	1,173
Accounts payable and accrued expenses	4,223	6,140
Other, net	445	-39
Net cash provided by operating activities	10,042	8,755
Cash flows from investing activities:	'	'
Capital expenditures	-10,153	-10,344
Proceeds from the sale of business	0	306
Proceeds from the sale of assets and other	0	168
Net cash used in investing activities	-10,153	-9,870
Cash flows from financing activities:	'	'
Borrowings	8,000	6,250
Debt principal payments and financing costs	-13,000	-16,250
Dividends paid	-2,261	-2,263
Proceeds from exercise of stock options and other	-139	2,101
Net cash used in financing activities	-7,400	-10,162
Effect of exchange rate changes on cash	121	140
Increase (decrease) in cash and cash equivalents	-7,390	-11,137
Cash and cash equivalents at beginning of period	52,617	48,822
Cash and cash equivalents at end of period	$45,227	$37,685

Consolidated_Statements_Of_Sha

Consolidated Statements Of Shareholders' Equity (USD $)	Total	Common Stock	Retained Earnings	Trust for Savings Restoration Plan	Foreign Currency Translation	Gain (Loss) on Derivative Financial Instruments	Pension & Other Post-retirement Benefit Adjust.
In Thousands, unless otherwise specified
Balance December 31, 2013 at Dec. 31, 2013	$402,664	$20,641	$473,729	($1,418)	($19,205)	$765	($71,848)
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'
Net income	8,479	'	8,479	'	'	'	'
Foreign currency translation adjustment (net of tax of $125)	5,095	'	'	'	5,095	'	'
Derivative financial instruments adjustment (net of tax of $117)	192	'	'	'	'	192	'
Amortization of prior service costs and net gains or losses (net of tax of $997)	1,740	'	'	'	'	'	1,740
Cash dividends declared ($.07 per share)	-2,261	'	-2,261	'	'	'	'
Share Based Compensation Expense, Value	634	634	'	'	'	'	'
Shareholder Rights Agreement Redemption	-323	'	-323	'	'	'	'
Issued upon exercise of stock options & other	-50	-50	'	'	'	'	'
Tredegar common stock purchased by trust for savings restoration plan	'	'	5	-5	'	'	'
Balance March 31, 2014 at Mar. 31, 2014	$416,170	$21,225	$479,629	($1,423)	($14,110)	$957	($70,108)

Consolidated_Statements_Of_Sha1

Consolidated Statements Of Shareholders' Equity (Parenthetical) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014
Statement of Stockholders' Equity [Abstract]	'
Foreign currency translation adjustment, tax (benefit)	$125
Derivative financial instruments adjustment, tax (benefit)	117
Amortization of prior service costs and net gains or losses, tax	$997
Cash dividends declared, per share	$0.07

Basis_Of_Presentation

Basis Of Presentation	3 Months Ended
	Mar. 31, 2014
Basis Of Presentation [Abstract]	'
Basis Of Presentation	'
	In the opinion of management, the accompanying consolidated financial statements of Tredegar Corporation and its subsidiaries (“Tredegar,” “the Company,” “we,” “us” or “our”) contain all adjustments necessary to state fairly, in all material respects, Tredegar’s consolidated financial position as of March 31, 2014, the consolidated results of operations for the three months ended March 31, 2014 and 2013, the consolidated cash flows for the three months ended March 31, 2014 and 2013, and the consolidated changes in shareholders’ equity for the three months ended March 31, 2014. All such adjustments, unless otherwise detailed in the notes to the consolidated interim financial statements, are deemed to be of a normal, recurring nature. The financial position data as of December 31, 2013 that is included herein was derived from the audited consolidated financial statements provided in the Company's Annual Report on Form 10-K for the year ended December 31, 2013 (“2013 Form 10-K”) but does not include all disclosures required by United States generally accepted accounting principles (“U.S. GAAP”). These financial statements should be read in conjunction with the consolidated financial statements and related notes included in our 2013 Form 10-K. The results of operations for the three months ended March 31, 2014, are not necessarily indicative of the results to be expected for the full year.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2014
Business Combinations [Abstract]	'
Acquisitions	'
	On October 1, 2012, The William L. Bonnell Company, Inc. acquired 100% ownership of AACOA, Inc. (“AACOA”). AACOA operates production facilities in Elkhart, Indiana and Niles, Michigan. Its primary markets include consumer durables, machinery and equipment and transportation. The acquisition added fabrication capabilities to Aluminum Extrusions’ current array of products and services, and provided AACOA with large press capabilities and enhanced geographic sales coverage in a variety of end-use markets.
	In the second quarter of 2013, all post-closing adjustments to the purchase price were resolved. Adjustments to the purchase price were made retrospectively as if the accounting had been completed on the acquisition date. Upon completing these post-closing adjustments, which were primarily related to the resolution of contractual obligations related to income taxes, the total purchase price (net of cash acquired) was $54.1 million, which includes $0.6 million that was received from the seller during the third quarter of 2013. The purchase price was funded using financing secured from the Company's existing $350 million revolving credit facility. Based upon management’s valuation of the fair value of tangible and intangible assets (net of cash) acquired and liabilities assumed, the estimated purchase price allocation was as follows:
	(In Thousands)
	Accounts receivable		$	12,477
	Inventories		4,708
	Property, plant & equipment		15,116
	Identifiable intangible assets:
	Customer relationships		4,800
	Trade names		4,800
	Proprietary technology		3,400
	Noncompete agreements		1,600
	Other assets (current & noncurrent)		42
	Trade payables & accrued expenses		(6,574		)
	Total identifiable net assets		40,369
	Purchase price, net of cash received		54,065
	Goodwill		$	13,696
	The goodwill and other intangible asset balances associated with this acquisition are expected to be deductible for tax purposes. Intangible assets acquired in the purchase of AACOA are being amortized over the following periods:
	Identifiable Intangible Asset	Useful Life (Yrs)
	Customer relationships	10
	Proprietary technology	10-Jun
	Trade names	Indefinite
	Noncompete agreements	2

Discontinued_Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Discontinued Operations	'
	On February 12, 2008, Tredegar sold its aluminum extrusions business in Canada for approximately $25.0 million to an affiliate of H.I.G. Capital. All historical results for this business have been reflected as discontinued operations; however, cash flows for discontinued operations have not been separately disclosed in the consolidated statements of cash flows. An accrual of $5.2 million ($5.2 million after taxes) was made for indemnifications under the purchase agreement related to environmental matters in the first quarter of 2013 (none in the first quarter of 2014).

Plants_Shutdowns_Asset_Impairm

Plants Shutdowns, Asset Impairments, Restructurings And Other	3 Months Ended
	Mar. 31, 2014
Restructuring Charges [Abstract]	'
Plant Shutdowns, Asset Impairments, Restructurings And Other	'
	Plant shutdowns, asset impairments, restructurings and other charges are shown in the net sales and operating profit by segment table in Note 11, and unless otherwise noted below, are also included in “Asset impairments and costs associated with exit and disposal activities” in the consolidated statements of income.
	Plant shutdowns, asset impairments, restructurings and other charges in the first quarter of 2014 include:
	•	Pretax charges of $0.8 million associated with severance and other employee-related costs associated with restructurings in Film Products; and
	•	Pretax charges of $0.5 million associated with the shutdown of the film products manufacturing facility in Red Springs, North Carolina, which includes severance and other employee-related costs of $0.3 million and asset impairments of $0.2 million.
	Plant shutdowns, asset impairments, restructurings and other charges in the first quarter of 2013 include:
	•	Net pretax charges of $0.2 million associated with the shutdown of the aluminum extrusions manufacturing facility in Kentland, Indiana;
	•	Pretax charges of $0.1 million associated with severance and other employee-related costs associated with restructurings in Film Products; and
	•	Pretax charges of $0.1 million for integration-related expenses and other non-recurring transactions (included in “Selling, general and administrative expenses” in the consolidated statements of income) associated with the acquisition of AACOA by Aluminum Extrusions.
	Results in the first quarter of 2013 include an unrealized gain on the Company's investment in kaleo, Inc. (“kaléo”), which is accounted for under the fair value method (included in “Other income (expense), net” in the consolidated statements of income), of $1.1 million ($0.7 million after taxes) (no unrealized gain (loss) in the first quarter of 2014). An unrealized loss (included in “Other income (expense), net” in the consolidated statements of income and “Corporate expenses, net” in the statement of net sales and operating profit by segment) on the Company's investment in Harbinger Capital Partners Special Situations Fund, L.P. (“Harbinger Fund”) of $0.2 million ($0.1 million after taxes) was recorded in the first quarter of 2014 as a result of a reduction in the value of the investment that is not expected to be temporary. See Note 8 for additional information on investments.
	A reconciliation of the beginning and ending balances of accrued expenses associated with asset impairments and exit and disposal activities for the three months ended March 31, 2014 is as follows:
	(In Thousands)	Severance			Asset Impairments			Other (a)			Total
	Balance at December 31, 2013	$	331		$	—		$	356		$	687
	Changes in 2014:
	Charges	1,077			168			—			1,245
	Cash spent	(76		)	—			(155		)	(231		)
	Charges against assets	—			(168		)	—			(168		)
	Balance at March 31, 2014	$	1,332		$	—		$	201		$	1,533
	(a)	Other includes other shutdown-related costs associated with the shutdown of the Company's aluminum extrusions manufacturing facility in Kentland, Indiana.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2014
Inventory, Net [Abstract]	'
Inventories	'
	The components of inventories are as follows:
	(In Thousands)	31-Mar-14		31-Dec-13
	Finished goods	$	16,450	$	14,953
	Work-in-process	8,160		7,750
	Raw materials	21,459		24,477
	Stores, supplies and other	24,461		23,483
	Total	$	70,530	$	70,663

Earnings_Per_Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	Basic earnings per share is computed by dividing net income by the weighted average number of shares of common stock outstanding. Diluted earnings per share is computed by dividing net income by the weighted average common and potentially dilutive common equivalent shares outstanding, determined as follows:
		Three Months Ended
		March 31,
	(In Thousands)	2014	2013
	Weighted average shares outstanding used to compute basic earnings per share	32,242	32,076
	Incremental dilutive shares attributable to stock options and restricted stock	379	404
	Shares used to compute diluted earnings per share	32,621	32,480
	Incremental shares attributable to stock options and restricted stock are computed using the average market price during the related period. During the three months ended March 31, 2014 and 2013 average out-of-the-money options to purchase shares were excluded from the calculation of incremental shares attributable to stock options and restricted stock were 114,850 and 60,067, respectively.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2014
Other Comprehensive Income (Loss), Net of Tax [Abstract]	'
Accumulated Other Comprehensive Income (Loss)	'
	The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the three months ended March 31, 2014:
	(In Thousands)	Foreign			Gain (loss) on			Pension and			Total
		currency			derivative			other
		translation			financial			post-retirement
		adjustment			instruments			benefit
								adjustments
	Beginning balance, January 1, 2014	$	(19,205	)	$	765		$	(71,848	)	$	(90,288	)
	Other comprehensive income (loss) before reclassifications	5,095			169			—			5,264
	Amounts reclassified from accumulated other comprehensive income (loss)	—			23			1,740			1,763
	Net other comprehensive income (loss) - current period	5,095			192			1,740			7,027
	Ending balance, March 31, 2014	$	(14,110	)	$	957		$	(70,108	)	$	(83,261	)
	The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the three months ended March 31, 2013:
	(In Thousands)	Foreign			Gain (loss) on			Pension and			Total
		currency			derivative			other
		translation			financial			post-retirement
		adjustment			instruments			benefit
								adjustments
	Beginning balance, January 1, 2013	$	131		$	993		$	(103,471	)	$	(102,347	)
	Other comprehensive income (loss) before reclassifications	865			(492		)	—			373
	Amounts reclassified from accumulated other comprehensive income (loss)	—			(26		)	2,313			2,287
	Net other comprehensive income (loss) - current period	865			(518		)	2,313			2,660
	Ending balance, March 31, 2013	$	996		$	475		$	(101,158	)	$	(99,687	)
	Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the three months ended March 31, 2014 are summarized as follows:
	(In Thousands)	Amount			Location of gain
		reclassified from			(loss) reclassified
		other			from accumulated
		comprehensive			other
		income			comprehensive
					income to net
					income
	Gain (loss) on derivative financial instruments:
	Aluminum future contracts, before taxes	$	(37	)	Cost of sales
	Foreign currency forward contracts, before taxes	—
	Total, before taxes	(37		)
	Income tax expense (benefit)	(14		)	Income taxes
	Total, net of tax	$	(23	)
	Amortization of pension and other post-retirement benefits:
	Actuarial gain (loss) and prior service costs, before taxes	$	(2,737	)	(a)
	Income tax expense (benefit)	(997		)	Income taxes
	Total, net of tax	$	(1,740	)
	(a)	This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 10 for additional detail).
	Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the three months ended March 31, 2013 are summarized as follows:
	(In Thousands)	Amount			Location of gain
		reclassified from			(loss) reclassified
		other			from accumulated
		comprehensive			other
		income			comprehensive
					income to net
					income
	Gain (loss) on derivative financial instruments:
	Aluminum future contracts, before taxes	$	42		Cost of sales
	Foreign currency forward contracts, before taxes	—
	Total, before taxes	42
	Income tax expense (benefit)	16			Income taxes
	Total, net of tax	$	26
	Amortization of pension and other post-retirement benefits:
	Actuarial gain (loss) and prior service costs, before taxes	$	(3,649	)	(a)
	Income tax expense (benefit)	(1,336		)	Income taxes
	Total, net of tax	$	(2,313	)
	(a)	This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 10 for additional detail).

Investments

Investments	3 Months Ended
	Mar. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]	'
Investments	'
	In August 2007 and December 2008, the Company made an aggregate investment of $7.5 million in kaléo, a privately held specialty pharmaceutical company. The mission of kaléo is to set a new standard in life-saving personal medical products designed to enable superior treatment outcomes, improved cost effectiveness and intuitive patient administration. Tredegar's ownership interest on a fully diluted basis is approximately 20%, and the investment is accounted for under the fair value method. At the time of the initial investment, the Company elected the fair value option over the equity method of accounting since its investment objectives were similar to those of venture capitalists, which typically do not have controlling financial interests.
	At March 31, 2014 and December 31, 2013, the estimated fair value of the investment in kaléo (also the carrying value, which is included in “Other assets and deferred charges” in the consolidated balance sheet) was $37.1 million. The fair value estimates are based upon significant unobservable (Level 3) inputs since there is no secondary market for our ownership interest. Accordingly, until the next round of financing or other significant financial transaction, value estimates will primarily be based on assumptions relating to meeting product development and commercialization milestones, corresponding cash flow projections (projections of sales, costs, expenses, capital expenditures and working capital investment) and discounting of these factors for the high degree of risk. Adjustments to the estimated fair value of the Company's investment in kaléo will be made in the period during which changes can be quantified.
	The Company did not recognize an unrealized gain or loss on its investment in kaléo in the first quarter of 2014. In 2014, the weighted average cost of capital used to discount cash flow projections was decreased to reflect lower product risk after the U.S. Food and Drug Administration's approval of kaléo's naloxone auto-injector for emergency treatment of known or suspected opioid overdoses and reduced funding risk subsequent to kaléo securing new debt financing, both of which occurred in April 2014. The favorable impact of a lower weighted average cost of capital used to discount cash flow projections was offset by adjustments to the amount and timing of the projected receipt of royalty and milestone payments from commercial sales of kaléo's licensed epinephrine auto-injector for treatment of allergic reactions. The Company recognized an unrealized gain on its investment in kaléo (included in “Other income (expense), net” in the consolidated statements of income) of $1.1 million in the first quarter of 2013. The unrealized gain in the first quarter of 2013 was primarily related to adjustments in the fair value for the passage of time as anticipated cash flows associated with achieving product development and commercialization milestones were discounted at 55% for their high degree of risk.
	The fair market valuation of the Company's interest in kaléo is sensitive to changes in the weighted average cost of capital used to discount cash flow projections for the high degree of risk associated with meeting development and commercialization milestones as anticipated. The weighted average cost of capital used in the fair market valuation of Tredegar's interest in kaléo was 45% at March 31, 2014 and 55% at December 31, 2013. At March 31, 2014, the effect of a 500 basis point decrease in the weighted average cost of capital assumption would have further increased the fair value of the interest in kaléo by approximately $7 million, and a 500 basis point increase in the weighted average cost of capital assumption would have decreased the fair value of the interest by approximately $6 million.
	Had the Company not elected to account for its investment under the fair value method, it would have been required to use the equity method of accounting. The condensed balance sheets for kaléo at March 31, 2014 and December 31, 2013 and condensed statement of operations for the three months ended March 31, 2014 and 2013, as reported to the Company by kaléo, are provided below:
	(In Thousands)	31-Mar-14			31-Dec-13				31-Mar-14		31-Dec-13
	Assets:							Liabilities & Equity:
	Cash & cash equivalents	$	28,070		$	33,560		Long-term debt, net of discount, current portion	$	14,852	$	5,414
	Other current assets	7,570			5,682			Other current liabilities	5,856		4,845
	Property & equipment	11,110			10,559			Non-current liabilities	2,698		3,098
	Patents	2,487			2,433			Long term debt, net of discount	—		9,372
	Other long-term assets	777			445			Redeemable preferred stock	22,211		21,970
								Equity	4,397		7,980
	Total assets	$	50,014		$	52,679		Total liabilities & equity	$	50,014	$	52,679
		Three Months Ended March 31,
		2014			2013
	Revenues & Expenses:
	Royalty revenues	$	2,558		$	1,800
	Expenses and other, net	(8,316		)	(3,802		)
	Income tax benefit (expense)	2,239			1,087
	Net income (loss)	$	(3,519	)	$	(915	)
	The Company's investment in the Harbinger Fund had a carrying value (included in “Other assets and deferred charges”) of $2.6 million at March 31, 2014, compared with $2.8 million at December 31, 2013. The carrying value at March 31, 2014 reflected Tredegar’s cost basis in its investment in the Harbinger Fund, net of total withdrawal proceeds received and unrealized losses. The Company recorded an unrealized loss of $0.2 million in the first quarter of 2014 on its investment in the Harbinger Fund (included in “Other income (expense), net” in the consolidated statements of income) as a result of a reduction in the value of the investment that is not expected to be temporary. Withdrawal proceeds were $0.2 million in the first quarter of 2013 (none in the first quarter of 2014). The timing and amount of future installments of withdrawal proceeds, which commenced in August 2010, were not known as of March 31, 2014. Gains on the Company's investment in the Harbinger Fund will be recognized when the amounts expected to be collected from any withdrawal from the investment are known, which will likely be when cash in excess of the remaining carrying value is received. Losses will be recognized when management believes it is probable that future withdrawal proceeds will not exceed the remaining carrying value.
	Tredegar has investment property in Alleghany and Bath County, Virginia. The carrying value in this investment property (included in “Other assets and deferred charges” on the consolidated balance sheets) was $5.9 million at March 31, 2014 and December 31, 2013, respectively.

Derivative_Financial_Instrumen

Derivative Financial Instruments

3 Months Ended

Mar. 31, 2014

Summary of Derivative Instruments [Abstract]

'

Derivative Financial Instruments

'

The Company uses derivative financial instruments for the purpose of hedging margin exposure from fixed-price forward sales contracts in Aluminum Extrusions and currency exchange rate exposures that exist due to specified transactions. When possible, derivative financial instruments utilized by Tredegar are designated as and qualify as cash flow hedges and are recognized in the balance sheet at fair value. A change in the fair value of derivatives that are highly effective and that are designated and qualify as cash flow hedges is recorded in other comprehensive income (loss). Gains and losses reported in other comprehensive income (loss) are reclassified to earnings in the periods in which earnings are affected by the variability of cash flows of the hedged transaction. Such gains and losses are reported on the same line as the underlying hedged item. Any hedge ineffectiveness (which represents the amount by which the changes in the fair value of the derivative exceed the variability in the cash flows of the forecasted transaction) is recorded in current period earnings. The amount of gains and losses recognized for hedge ineffectiveness was not material to the first quarters of 2014 and 2013.

The fair value of derivative instruments recorded on the consolidated balance sheets are based upon Level 2 inputs within the corresponding commodity or foreign currency markets. If individual derivative instruments with the same counterparty can be settled on a net basis, the Company records the corresponding derivative fair values as a net asset or net liability.

In the normal course of business, the Company enters into fixed-price forward sales contracts with certain customers for the future sale of fixed quantities of aluminum extrusions at scheduled intervals. In order to hedge the margin exposure created from the fixing of future sales prices relative to volatile raw material (aluminum) costs, the Company enters into a combination of forward purchase commitments and futures contracts to acquire or hedge aluminum, based on the scheduled purchases for the firm sales commitments. The fixed-price firm sales commitments and related hedging instruments generally have durations of not more than 12 months, and the notional amount of aluminum futures contracts that hedged future purchases of aluminum to meet fixed-price forward sales contract obligations was $8.6 million (8.9 million pounds of aluminum) at March 31, 2014 and $8.0 million (8.4 million pounds of aluminum) at December 31, 2013.

The table below summarizes the location and gross amounts of aluminum futures contract fair values in the consolidated balance sheets as of March 31, 2014 and December 31, 2013:

31-Mar-14

31-Dec-13

(In Thousands)

Balance Sheet

Fair

Balance Sheet

Fair

Account

Value

Account

Value

Derivatives Designated as Hedging Instruments

Asset derivatives:

Prepaid expenses

$

208

Accrued expenses

$

31

Aluminum futures contracts

and other

Liability derivatives:

Prepaid expenses

$

(54

)

Accrued expenses

$

(178

)

Aluminum futures contracts

and other

Net asset (liability)

$

154

$

(147

)

In the event that the counterparty to an aluminum fixed-price forward sales contract chooses to not take delivery of its aluminum extrusions, the customer is contractually obligated to compensate us for any losses on the related aluminum futures and/or forward purchase contracts through the date of cancellation. The offsetting asset and liability positions for derivatives not designated as hedging instruments (none at March 31, 2014 and December 31, 2013) are associated with the unwinding of aluminum futures contracts that relate to such cancellations.

Film Products utilizes future fixed Euro-denominated contractual payments for equipment being purchased as part of our multi-year capacity expansion project at our film products manufacturing facility in Cabo de Santo Agostinho, Brazil. The Company is using fixed rate Euro forward contracts with various settlement dates through April 2014 to hedge exchange rate exposure on these obligations. The Company had fixed rate forward contracts with outstanding notional amounts of €2.0 million and €2.1 million as of March 31, 2014 and December 31, 2013, respectively.

The table below summarizes the location and gross amounts of foreign currency forward contract fair values in the consolidated balance sheets as of March 31, 2014 and December 31, 2013:

31-Mar-14

31-Dec-13

(In Thousands)

Balance Sheet

Fair

Balance Sheet

Fair

Account

Value

Account

Value

Derivatives Designated as Hedging Instruments

Asset derivatives:

Prepaid expenses

$

7

Prepaid expenses

$

47

Foreign currency forward contracts

and other

and other

Net asset (liability)

$

7

$

47

These derivative contracts involve elements of market risk that are not reflected on the consolidated balance sheet, including the risk of dealing with counterparties and their ability to meet the terms of the contracts. The counterparties to any forward purchase commitments are major aluminum brokers and suppliers, and the counterparties to any aluminum futures contracts are major financial institutions. Fixed-price forward sales contracts are only made available to the best and most credit-worthy customers. The counterparties to our foreign currency futures and zero-cost collar contracts are major financial institutions.

The effect on net income and other comprehensive income (loss) of derivative instruments classified as cash flow hedges and described in the previous paragraphs for the three month periods ended March 31, 2014 and 2013 is summarized in the table below:

(In Thousands)

Cash Flow Derivative Hedges

Aluminum Futures

Foreign Currency

Contracts

Forwards

Three Months Ended March 31,

2014

2013

2014

2013

Amount of pre-tax gain (loss) recognized in other comprehensive income

$

264

$

(387

)

$

8

$

(389

)

Location of gain (loss) reclassified from accumulated other comprehensive income into net income (effective portion)

Cost of

Cost of

sales

sales

Amount of pre-tax gain (loss) reclassified from accumulated other comprehensive income to net income (effective portion)

$

(37

)

$

42

$

—

$

—

As of March 31, 2014, the Company expects $0.1 million of unrealized after-tax gains on derivative instruments reported in accumulated other comprehensive income (loss) to be reclassified to earnings within the next twelve months. For the three month periods ended March 31, 2014 and 2013, net gains or losses realized on previously unrealized net gains or losses from hedges that had been discontinued were not significant.

Pension_And_Other_PostRetireme

Pension And Other Post-Retirement Benefits	3 Months Ended
	Mar. 31, 2014
Compensation and Retirement Disclosure [Abstract]	'
Pension And Other Post-Retirement Benefits	'
	The Company sponsors noncontributory defined benefit (pension) plans covering most employees. The plans for salaried and hourly employees currently in effect are based on a formula using the participant’s years of service and compensation or using the participant’s years of service and a dollar amount. The plan is closed to new participants, and based on plan changes announced in 2006, pay for active plan participants was frozen as of December 31, 2007. Beginning in the first quarter of 2014, with the exception of plan participants at two of Tredegar's U.S. manufacturing facilities, the plan will no longer accrue benefits associated with crediting employees for service, thereby freezing future benefits under the plan.
	The components of net periodic benefit cost for our pension and other post-retirement benefit programs reflected in consolidated results are shown below:
		Pension Benefits						Other Post-Retirement Benefits
		Three Months Ended March 31,						Three Months Ended March 31,
	(In Thousands)	2014			2013			2014			2013
	Service cost	$	544		$	870		$	13		$	18
	Interest cost	3,341			3,106			93			89
	Expected return on plan assets	(4,558		)	(4,329		)	—			—
	Amortization of prior service costs, gains or losses and net transition asset	2,814			3,690			(77		)	(41		)
	Curtailment charge	81			—			—			—
	Net periodic benefit cost	$	2,222		$	3,337		$	29		$	66
	Pension and other postretirement liabilities for continuing operations of $49.7 million and $50.3 million are included in “Other noncurrent liabilities” in the consolidated balance sheets at March 31, 2014 and December 31, 2013, respectively. The Company's required contributions are expected to be approximately $0.2 million in 2014. Tredegar funds its other post-retirement benefits (life insurance and health benefits) on a claims-made basis, which were $0.3 million for the year ended December 31, 2013.

Segment_Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Segment Reporting	'
	The Company's primary business segments are Film Products and Aluminum Extrusions. Information by business segment is reported below. There are no accounting transactions between segments and no allocations to segments. Net sales (sales less freight) and operating profit from ongoing operations are the measures of sales and operating profit used by the chief operating decision maker for purposes of assessing performance. The following table presents net sales and operating profit by segment for the three month periods ended March 31, 2014 and 2013:
		Three Months Ended March 31,
	(In Thousands)	2014			2013
	Net Sales
	Film Products	$	149,160		$	154,385
	Aluminum Extrusions	79,283			79,939
	Total net sales	228,443			234,324
	Add back freight	6,770			7,202
	Sales as shown in the Consolidated Statements of Income	235,213			241,526
	Operating Profit
	Film Products:
	Ongoing operations	16,722			17,007
	Plant shutdowns, asset impairments, restructurings and other	(1,245		)	(102		)
	Aluminum Extrusions:
	Ongoing operations	4,761			4,614
	Plant shutdowns, asset impairments, restructurings and other	—			(253		)
	Total	20,238			21,266
	Interest income	195			78
	Interest expense	630			690
	Gain on investment accounted for under fair value method	—			1,100
	Stock option-based compensation costs	241			316
	Corporate expenses, net	6,475			8,157
	Income from continuing operations before income taxes	13,087			13,281
	Income taxes from continuing operations	4,608			3,764
	Income from continuing operations	8,479			9,517
	Loss from discontinued operations	—			(5,240		)
	Net income	$	8,479		$	4,277
	The following table presents identifiable assets by segment at March 31, 2014 and December 31, 2013:
	(In Thousands)	31-Mar-14			31-Dec-13
	Film Products	$	573,335		$	556,873
	Aluminum Extrusions	142,155			134,928
	Subtotal	715,490			691,801
	General corporate	47,813			48,590
	Cash and cash equivalents	45,227			52,617
	Total	$	808,530		$	793,008

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	The effective tax rate for income from continuing operations in the first three months of 2014 was 35.2% compared to 28.3% in the first three months of 2013. The significant differences between the U.S. federal statutory rate and the effective income tax rate for continuing operations for the three months ended March 31, 2014 and 2013 are as follows:
		Percent of Income
		Before Income Taxes
	Three Months Ended March 31	2014		2013
	Income tax expense at federal statutory rate	35		35
	State taxes, net of federal income tax benefit	2.1		1.8
	Income tax contingency accruals and tax settlements	1.5		0.6
	Unremitted earnings from foreign operations	1.1		0.5
	Valuation allowance for capital loss carry-forwards	0.3		(0.3	)
	Non-deductible expenses	0.2		0.6
	Changes in estimates related to prior year tax provision	0.2		(0.2	)
	Research and development tax credit	—		(2.7	)
	Valuation allowance for foreign operating loss carry-forwards	(0.4	)	1.8
	Foreign rate differences	(1.1	)	(2.2	)
	Domestic production activities deduction	(1.6	)	(1.4	)
	Foreign tax incentives	(2.0	)	(5.0	)
	Other	(0.1	)	(0.2	)
	Effective income tax rate for income from continuing operations	35.2		28.3
	The Brazilian federal statutory income tax rate is a composite of 34.0% (25.0% of income tax and 9.0% of social contribution on income). Terphane Holdings, LLC’s (“Terphane”) manufacturing facility in Brazil is the beneficiary of certain income tax incentives that allow for a reduction in the statutory Brazilian federal income tax rate levied on the operating profit of its products. These incentives produce a current effective tax rate of 15.25% for Terphane Ltda. (6.25% of income tax and 9.0% social contribution on income). The current incentives will expire at the end of 2014, but the Company anticipates that it will qualify for additional incentives that will extend beyond 2014. The benefit from tax incentives was $0.3 million (1 cent per share) and $0.7 million (2 cents per share) in the first three months of 2014 and 2013, respectively.
	Tredegar and its subsidiaries file income tax returns in the U.S., various states and jurisdictions outside the U.S. With few exceptions, Tredegar and its subsidiaries are no longer subject to state or non-U.S. income tax examinations by tax authorities for years before 2010.

Shareholder_Rights_Agreement_S

Shareholder Rights Agreement Shareholder Rights Agreement	3 Months Ended
	Mar. 31, 2014
Warrants and Rights Note Disclosure [Abstract]	'
Shareholder Rights Agreement	'
	Pursuant to the Second Amended and Restated Rights Agreement (the “Rights Agreement”), dated as of November 18, 2013, with Computershare Trust Company, N.A., as Rights Agent, one purchase right (a “Right”) was attached to each outstanding share of the Company's Common Stock.  All Rights previously issued under the original Rights Agreement, dated as of June 30, 1999, and the Amended and Restated Rights Agreement, dated as of June 30, 2009, that were appurtenant to shares of Common Stock outstanding at the effective time of the Rights Agreement remained outstanding.
	Each Right entitled the registered holder to purchase from Tredegar one one-hundredth of a share of our Series A Participating Cumulative Preferred Stock (the “Preferred Stock”) at an exercise price of $150, subject to adjustment (the "Purchase Price"). The Rights will become exercisable, if not earlier redeemed, only if a person or group (i) acquires beneficial ownership of 20% or more of the outstanding shares of our Common Stock or (ii) commences, or publicly discloses an intention to commence, a tender offer or exchange offer that would result in beneficial ownership by a person or group of 20% or more of the outstanding shares of our Common Stock (in each case thereby becoming an “Acquiring Person”).  Any person or group that beneficially owned 20% or more of the outstanding shares of the Company's Common Stock as of the first date of public announcement of the adoption of the Rights Agreement will not become an Acquiring Person unless and until such person or group acquires beneficial ownership of additional shares of Common Stock (other than beneficial ownership of any Common Stock which is acquired, whether in the form of options, restricted stock or other equity-linked securities, as compensation for services as an officer or director of the Company) representing one percent (1%) or more of the Common Stock then outstanding.
	The Rights Agreement provided that if any person or group becomes an Acquiring Person, each holder of a Right (other than Rights held by an Acquiring Person) will become entitled to receive, upon exercise and payment of the Purchase Price, Preferred Stock or, at the option of Tredegar, Common Stock (or, in certain circumstances, cash, property or other securities of the Company) having a value equal to twice the amount of the Purchase Price.  In addition, in the event that, at any time following the date that a person or group acquires beneficial ownership of 20% or more of the outstanding shares of the Company's Common Stock,  (i) Tredegar is acquired in a merger, statutory share exchange, or other business combination in which Tredegar is not the surviving corporation, or (ii) fifty percent (50%) or more of our assets or earning power is sold or transferred, each holder of a Right (other than Rights held by an Acquiring Person) shall thereafter have the right to receive, upon exercise and payment of the Purchase Price, common stock of the acquiring company (or comparable equity securities of an acquiring entity that is not a corporation) having a value equal to twice the Purchase Price.
	The Rights were scheduled to expire on June 30, 2019.  On February 19, 2014, the Company's Board of Directors authorized the termination of the Rights Agreement and the redemption of all of the outstanding Rights, at a redemption price of $.01 per Right to be paid in cash to shareholders of record as of the close of business on March 3, 2014. The corresponding redemption payment of $0.3 million was made in the first quarter of 2014.

Contingencies

Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Contingencies	'
	In 2011, Tredegar was notified by U.S. Customs and Border Protection (“U.S. Customs”) that certain film products exported by Terphane to the U.S. since November 6, 2008 could be subject to duties associated with an antidumping duty order on imported PET films from Brazil.  The Company contested the applicability of these antidumping duties to the films exported by Terphane, and we filed a request with the U.S. Department of Commerce (“Commerce”) for clarification about whether the film products at issue are within the scope of the antidumping duty order.  On January 8, 2013, Commerce issued a scope ruling confirming that the films are not subject to the order, provided that Terphane can establish to the satisfaction of U.S. Customs that the performance enhancing layer on those films is greater than 0.00001 inches thick.  The films at issue are manufactured to specifications that exceed that threshold.  On February 6, 2013, certain U.S. producers of PET film filed a summons with the U.S. Court of International Trade to appeal the scope ruling from Commerce.  If U.S. Customs ultimately were to require the collection of antidumping duties because Commerce’s scope ruling was overturned on appeal, or otherwise, indemnifications for related liabilities are specifically provided for under the Terphane Purchase Agreement.
	In November 2009, the 3M Company (“3M”) filed a patent infringement complaint in the United States District Court for the District of Minnesota (“Minnesota District Court”) against the Company's film products business. The complaint alleges infringement upon elastic film technology patents held by 3M and seeks unspecified compensatory and enhanced damages associated with our sales of certain elastic film product lines, which include our FabriFlex™ and FlexFeel™ family of products.
	Following the issuance of a “Markman” Memorandum Opinion by the Minnesota District Court in November 2011, 3M filed a stipulation of non-infringement related to this matter in February 2012. 3M subsequently filed an appeal with the U.S. Federal Circuit Court of Appeals regarding the “Markman” Memorandum Opinion. In August 2013, the U.S. Federal Circuit Court of Appeals issued an opinion that remanded this patent infringement complaint back to the Minnesota District Court for further consideration. Despite this ruling, the Company believes that it has sufficient defenses to prevail and intends to defend its position vigorously. In the event that 3M does prevail in this matter, the Company's management does not anticipate that any damages awarded to 3M, which would be in the form of a lump sum payment, will be material to our consolidated financial position. The Company expects to incur legal expenses of approximately $3 million in the next 12 to 15 months to defend itself in this matter.

New_Accounting_Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
New Accounting Pronouncements	'
	In February 2013, the Financial Accounting Standards Board (“FASB”) issued updated guidance to address the recognition, measurement and disclosure of obligations resulting from joint and several liability arrangements for which the total amount under the arrangement is fixed at the reporting date. Under the new guidance, an entity would measure its obligation from a joint and several liability arrangement as the sum of the amount the entity agreed with its co-obligors that it will pay, and any additional amount the entity expects to pay on behalf of its co-obligors. The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2013. The adoption of this guidance has not had a material impact.
	In March 2013, the FASB issued updated guidance related to foreign currency matters. The updated guidance attempts to resolve the diversity in practice about the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity. In addition, the amended guidance attempts to resolve the diversity in practice for the treatment of business combinations achieved in stages involving a foreign entity. The guidance is effective for the first annual period beginning after December 15, 2013, and the adoption of this guidance has not had a material impact.
	In July 2013, the FASB issued new guidance regarding the presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The new guidance requires an unrecognized tax benefit be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, unless certain exceptions are met. The amendments are effective prospectively for fiscal and interim periods beginning after December 15, 2013. The Company has complied with the provisions of this new standard.

Acquisitions_Tables

Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2014
Business Combinations [Abstract]	'
Schedule Of Purchase Price Allocation	'
	Based upon management’s valuation of the fair value of tangible and intangible assets (net of cash) acquired and liabilities assumed, the estimated purchase price allocation was as follows:
	(In Thousands)
	Accounts receivable		$	12,477
	Inventories		4,708
	Property, plant & equipment		15,116
	Identifiable intangible assets:
	Customer relationships		4,800
	Trade names		4,800
	Proprietary technology		3,400
	Noncompete agreements		1,600
	Other assets (current & noncurrent)		42
	Trade payables & accrued expenses		(6,574		)
	Total identifiable net assets		40,369
	Purchase price, net of cash received		54,065
	Goodwill		$	13,696
Schedule Of Amortization Periods For Acquired Intangible Assets	'
	Intangible assets acquired in the purchase of AACOA are being amortized over the following periods:
	Identifiable Intangible Asset	Useful Life (Yrs)
	Customer relationships	10
	Proprietary technology	10-Jun
	Trade names	Indefinite
	Noncompete agreements	2

Plants_Shutdowns_Asset_Impairm1

Plants Shutdowns, Asset Impairments, Restructurings And Other (Tables)	3 Months Ended
	Mar. 31, 2014
Restructuring Charges [Abstract]	'
Schedule Of Accrued Expenses Associated With Asset Impairments And Exit And Disposal Activities	'
	A reconciliation of the beginning and ending balances of accrued expenses associated with asset impairments and exit and disposal activities for the three months ended March 31, 2014 is as follows:
	(In Thousands)	Severance			Asset Impairments			Other (a)			Total
	Balance at December 31, 2013	$	331		$	—		$	356		$	687
	Changes in 2014:
	Charges	1,077			168			—			1,245
	Cash spent	(76		)	—			(155		)	(231		)
	Charges against assets	—			(168		)	—			(168		)
	Balance at March 31, 2014	$	1,332		$	—		$	201		$	1,533
	(a)	Other includes other shutdown-related costs associated with the shutdown of the Company's aluminum extrusions manufacturing facility in Kentland, Indiana.

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Mar. 31, 2014
Inventory, Net [Abstract]	'
Schedule of Inventory, Current	'
	The components of inventories are as follows:
	(In Thousands)	31-Mar-14		31-Dec-13
	Finished goods	$	16,450	$	14,953
	Work-in-process	8,160		7,750
	Raw materials	21,459		24,477
	Stores, supplies and other	24,461		23,483
	Total	$	70,530	$	70,663

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted	'
	Diluted earnings per share is computed by dividing net income by the weighted average common and potentially dilutive common equivalent shares outstanding, determined as follows:
		Three Months Ended
		March 31,
	(In Thousands)	2014	2013
	Weighted average shares outstanding used to compute basic earnings per share	32,242	32,076
	Incremental dilutive shares attributable to stock options and restricted stock	379	404
	Shares used to compute diluted earnings per share	32,621	32,480

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2014
Other Comprehensive Income (Loss), Net of Tax [Abstract]	'
Schedule Of After-Tax Changes In Accumulated Other Comprehensive Income (Loss)	'
	The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the three months ended March 31, 2014:
	(In Thousands)	Foreign			Gain (loss) on			Pension and			Total
		currency			derivative			other
		translation			financial			post-retirement
		adjustment			instruments			benefit
								adjustments
	Beginning balance, January 1, 2014	$	(19,205	)	$	765		$	(71,848	)	$	(90,288	)
	Other comprehensive income (loss) before reclassifications	5,095			169			—			5,264
	Amounts reclassified from accumulated other comprehensive income (loss)	—			23			1,740			1,763
	Net other comprehensive income (loss) - current period	5,095			192			1,740			7,027
	Ending balance, March 31, 2014	$	(14,110	)	$	957		$	(70,108	)	$	(83,261	)
	The following table summarizes the after-tax changes in accumulated other comprehensive income (loss) for the three months ended March 31, 2013:
	(In Thousands)	Foreign			Gain (loss) on			Pension and			Total
		currency			derivative			other
		translation			financial			post-retirement
		adjustment			instruments			benefit
								adjustments
	Beginning balance, January 1, 2013	$	131		$	993		$	(103,471	)	$	(102,347	)
	Other comprehensive income (loss) before reclassifications	865			(492		)	—			373
	Amounts reclassified from accumulated other comprehensive income (loss)	—			(26		)	2,313			2,287
	Net other comprehensive income (loss) - current period	865			(518		)	2,313			2,660
	Ending balance, March 31, 2013	$	996		$	475		$	(101,158	)	$	(99,687	)
Schedule Of Reclassifications Of Balances Out Of Accumulated Other Comprehensive Income (Loss) Into Net Income	'
	Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the three months ended March 31, 2014 are summarized as follows:
	(In Thousands)	Amount			Location of gain
		reclassified from			(loss) reclassified
		other			from accumulated
		comprehensive			other
		income			comprehensive
					income to net
					income
	Gain (loss) on derivative financial instruments:
	Aluminum future contracts, before taxes	$	(37	)	Cost of sales
	Foreign currency forward contracts, before taxes	—
	Total, before taxes	(37		)
	Income tax expense (benefit)	(14		)	Income taxes
	Total, net of tax	$	(23	)
	Amortization of pension and other post-retirement benefits:
	Actuarial gain (loss) and prior service costs, before taxes	$	(2,737	)	(a)
	Income tax expense (benefit)	(997		)	Income taxes
	Total, net of tax	$	(1,740	)
	(a)	This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 10 for additional detail).
	Reclassifications of balances out of accumulated other comprehensive income (loss) into net income for the three months ended March 31, 2013 are summarized as follows:
	(In Thousands)	Amount			Location of gain
		reclassified from			(loss) reclassified
		other			from accumulated
		comprehensive			other
		income			comprehensive
					income to net
					income
	Gain (loss) on derivative financial instruments:
	Aluminum future contracts, before taxes	$	42		Cost of sales
	Foreign currency forward contracts, before taxes	—
	Total, before taxes	42
	Income tax expense (benefit)	16			Income taxes
	Total, net of tax	$	26
	Amortization of pension and other post-retirement benefits:
	Actuarial gain (loss) and prior service costs, before taxes	$	(3,649	)	(a)
	Income tax expense (benefit)	(1,336		)	Income taxes
	Total, net of tax	$	(2,313	)
	(a)	This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 10 for additional detail).

Investments_Tables

Investments (Tables)	3 Months Ended
	Mar. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]	'
Schedule Of Fair Value Method Investments, Balance Sheets And Income Statements	'
	The condensed balance sheets for kaléo at March 31, 2014 and December 31, 2013 and condensed statement of operations for the three months ended March 31, 2014 and 2013, as reported to the Company by kaléo, are provided below:
	(In Thousands)	31-Mar-14			31-Dec-13				31-Mar-14		31-Dec-13
	Assets:							Liabilities & Equity:
	Cash & cash equivalents	$	28,070		$	33,560		Long-term debt, net of discount, current portion	$	14,852	$	5,414
	Other current assets	7,570			5,682			Other current liabilities	5,856		4,845
	Property & equipment	11,110			10,559			Non-current liabilities	2,698		3,098
	Patents	2,487			2,433			Long term debt, net of discount	—		9,372
	Other long-term assets	777			445			Redeemable preferred stock	22,211		21,970
								Equity	4,397		7,980
	Total assets	$	50,014		$	52,679		Total liabilities & equity	$	50,014	$	52,679
		Three Months Ended March 31,
		2014			2013
	Revenues & Expenses:
	Royalty revenues	$	2,558		$	1,800
	Expenses and other, net	(8,316		)	(3,802		)
	Income tax benefit (expense)	2,239			1,087
	Net income (loss)	$	(3,519	)	$	(915	)

Derivative_Financial_Instrumen1

Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2014

Derivatives, Fair Value [Line Items]

'

Schedule Of Pretax Effect On Net Income (Loss) And Other Comprehensive Income (Loss) Of Derivative Instruments Classified As Cash Flow Hedges

'

The effect on net income and other comprehensive income (loss) of derivative instruments classified as cash flow hedges and described in the previous paragraphs for the three month periods ended March 31, 2014 and 2013 is summarized in the table below:

(In Thousands)

Cash Flow Derivative Hedges

Aluminum Futures

Foreign Currency

Contracts

Forwards

Three Months Ended March 31,

2014

2013

2014

2013

Amount of pre-tax gain (loss) recognized in other comprehensive income

$

264

$

(387

)

$

8

$

(389

)

Location of gain (loss) reclassified from accumulated other comprehensive income into net income (effective portion)

Cost of

Cost of

sales

sales

Amount of pre-tax gain (loss) reclassified from accumulated other comprehensive income to net income (effective portion)

$

(37

)

$

42

$

—

$

—

Aluminum Futures Contracts

'

Derivatives, Fair Value [Line Items]

'

Summary Of Location And Fair Value Of Derivative Financial Instruments

'

The table below summarizes the location and gross amounts of aluminum futures contract fair values in the consolidated balance sheets as of March 31, 2014 and December 31, 2013:

31-Mar-14

31-Dec-13

(In Thousands)

Balance Sheet

Fair

Balance Sheet

Fair

Account

Value

Account

Value

Derivatives Designated as Hedging Instruments

Asset derivatives:

Prepaid expenses

$

208

Accrued expenses

$

31

Aluminum futures contracts

and other

Liability derivatives:

Prepaid expenses

$

(54

)

Accrued expenses

$

(178

)

Aluminum futures contracts

and other

Net asset (liability)

$

154

$

(147

)

Foreign Currency Forward Contracts

'

Derivatives, Fair Value [Line Items]

'

Summary Of Location And Fair Value Of Derivative Financial Instruments

'

The table below summarizes the location and gross amounts of foreign currency forward contract fair values in the consolidated balance sheets as of March 31, 2014 and December 31, 2013:

31-Mar-14

31-Dec-13

(In Thousands)

Balance Sheet

Fair

Balance Sheet

Fair

Account

Value

Account

Value

Derivatives Designated as Hedging Instruments

Asset derivatives:

Prepaid expenses

$

7

Prepaid expenses

$

47

Foreign currency forward contracts

and other

and other

Net asset (liability)

$

7

$

47

Pension_And_Other_PostRetireme1

Pension And Other Post-Retirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2014
Compensation and Retirement Disclosure [Abstract]	'
Schedule Of Components Of Net Periodic Benefit Cost For Pension And Other Post-Retirement Benefit Programs	'
	The components of net periodic benefit cost for our pension and other post-retirement benefit programs reflected in consolidated results are shown below:
		Pension Benefits						Other Post-Retirement Benefits
		Three Months Ended March 31,						Three Months Ended March 31,
	(In Thousands)	2014			2013			2014			2013
	Service cost	$	544		$	870		$	13		$	18
	Interest cost	3,341			3,106			93			89
	Expected return on plan assets	(4,558		)	(4,329		)	—			—
	Amortization of prior service costs, gains or losses and net transition asset	2,814			3,690			(77		)	(41		)
	Curtailment charge	81			—			—			—
	Net periodic benefit cost	$	2,222		$	3,337		$	29		$	66

Segment_Reporting_Tables

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Schedule Of Segment Reporting Information By Segment	'
	The following table presents net sales and operating profit by segment for the three month periods ended March 31, 2014 and 2013:
		Three Months Ended March 31,
	(In Thousands)	2014			2013
	Net Sales
	Film Products	$	149,160		$	154,385
	Aluminum Extrusions	79,283			79,939
	Total net sales	228,443			234,324
	Add back freight	6,770			7,202
	Sales as shown in the Consolidated Statements of Income	235,213			241,526
	Operating Profit
	Film Products:
	Ongoing operations	16,722			17,007
	Plant shutdowns, asset impairments, restructurings and other	(1,245		)	(102		)
	Aluminum Extrusions:
	Ongoing operations	4,761			4,614
	Plant shutdowns, asset impairments, restructurings and other	—			(253		)
	Total	20,238			21,266
	Interest income	195			78
	Interest expense	630			690
	Gain on investment accounted for under fair value method	—			1,100
	Stock option-based compensation costs	241			316
	Corporate expenses, net	6,475			8,157
	Income from continuing operations before income taxes	13,087			13,281
	Income taxes from continuing operations	4,608			3,764
	Income from continuing operations	8,479			9,517
	Loss from discontinued operations	—			(5,240		)
	Net income	$	8,479		$	4,277
Schedule Of Identifiable Assets By Segment	'
	The following table presents identifiable assets by segment at March 31, 2014 and December 31, 2013:
	(In Thousands)	31-Mar-14			31-Dec-13
	Film Products	$	573,335		$	556,873
	Aluminum Extrusions	142,155			134,928
	Subtotal	715,490			691,801
	General corporate	47,813			48,590
	Cash and cash equivalents	45,227			52,617
	Total	$	808,530		$	793,008

Income_Taxes_Tables

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Schedule Of Effective Income Tax Rate For Continuing Operations	'
	The significant differences between the U.S. federal statutory rate and the effective income tax rate for continuing operations for the three months ended March 31, 2014 and 2013 are as follows:
		Percent of Income
		Before Income Taxes
	Three Months Ended March 31	2014		2013
	Income tax expense at federal statutory rate	35		35
	State taxes, net of federal income tax benefit	2.1		1.8
	Income tax contingency accruals and tax settlements	1.5		0.6
	Unremitted earnings from foreign operations	1.1		0.5
	Valuation allowance for capital loss carry-forwards	0.3		(0.3	)
	Non-deductible expenses	0.2		0.6
	Changes in estimates related to prior year tax provision	0.2		(0.2	)
	Research and development tax credit	—		(2.7	)
	Valuation allowance for foreign operating loss carry-forwards	(0.4	)	1.8
	Foreign rate differences	(1.1	)	(2.2	)
	Domestic production activities deduction	(1.6	)	(1.4	)
	Foreign tax incentives	(2.0	)	(5.0	)
	Other	(0.1	)	(0.2	)
	Effective income tax rate for income from continuing operations	35.2		28.3

Acquisitions_Narrative_Details

Acquisitions (Narrative) (Details) (USD $)	Sep. 30, 2013	Oct. 01, 2012	Oct. 02, 2012
	AACOA	AACOA	Aacoa Inc [Member]
Business Acquisition [Line Items]	'	'	'
Percentage of outstanding equity interests acquired	'	100.00%	'
Total purchase price	'	'	$54,100,000
Cash received from seller	600,000	'	'
Financing used to fund purchase price from existing credit facility	'	$350,000,000	'

Acquisitions_Schedule_Of_Purch

Acquisitions (Schedule Of Purchase Price Allocation) (Details) (AACOA, USD $)	Oct. 01, 2012
In Thousands, unless otherwise specified
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]	'
Accounts receivable	$12,477
Inventories	4,708
Property, plant & equipment	15,116
Other assets (current & noncurrent)	42
Trade payables & accrued expenses	-6,574
Total identifiable net assets	40,369
Purchase price, net of cash received	54,065
Goodwill	13,696
Customer relationships	'
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]	'
Identifiable finite-lived intangible assets	4,800
Proprietary technology	'
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]	'
Identifiable finite-lived intangible assets	3,400
Noncompete agreements	'
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]	'
Identifiable finite-lived intangible assets	1,600
Trade names	'
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]	'
Identifiable indefinite-lived intangible assets	$4,800

Acquisitions_Schedule_Of_Amort

Acquisitions (Schedule Of Amortization Periods For Acquired Intangible Assets) (Details)	3 Months Ended
	Mar. 31, 2014
Customer relationships	'
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]	'
Identifiable Intangible Asset, Useful Life (Yrs)	'10 years
Noncompete agreements	'
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]	'
Identifiable Intangible Asset, Useful Life (Yrs)	'2 years
Minimum | Proprietary technology	'
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]	'
Identifiable Intangible Asset, Useful Life (Yrs)	'6 years
Maximum | Proprietary technology	'
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]	'
Identifiable Intangible Asset, Useful Life (Yrs)	'10 years

Discontinued_Operations_Detail

Discontinued Operations (Details) (Aluminum Extrusions Canada Business, USD $)	0 Months Ended	3 Months Ended
In Millions, unless otherwise specified	Feb. 12, 2008	Mar. 31, 2013
Aluminum Extrusions Canada Business	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'
Proceeds from sale of business	$25	'
Charges for indemnifications under the purchase agreement related to environmental matters	'	5.2
Charges for indemnifications under the purchase agreement related to environmental matters, net of tax	'	$5.20

Plants_Shutdowns_Asset_Impairm2

Plants Shutdowns, Asset Impairments, Restructurings And Other (Narrative) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Restructuring Cost and Reserve [Line Items]	'	'
Pretax loss for asset impairments	$400,000	$0
Other Non-Operating and Non-Recurring Charges [Abstract]	'	'
Unrealized gain (loss) on investment under fair value method	0	1,100,000
kaleo	'	'
Other Non-Operating and Non-Recurring Charges [Abstract]	'	'
Unrealized gain (loss) on investment under fair value method	0	1,100,000
Unrealized gain (loss) on investment under fair value method, after taxes	'	700,000
AACOA	'	'
Other Non-Operating and Non-Recurring Charges [Abstract]	'	'
Integration-related expenses and other non-recurring transactions	'	100,000
Film Products	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Pretax charges for severance and other employee-related costs	800,000	100,000
Harbinger Fund	'	'
Other Non-Operating and Non-Recurring Charges [Abstract]	'	'
Cost-method investment, OTTI	200,000	'
Cost-method investment, OTTI net of tax	100,000	'
Film Products Manufacturing Facility In Red Springs North Carolina | Facility Closing	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Plant shutdown related expenditures	500,000	'
Pretax charges for severance and other employee-related costs	300,000	'
Pretax loss for asset impairments	200,000	'
Aluminum Extrusions Manufacturing Facility In Kentland Indiana [Member] | Facility Closing	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Plant shutdown related expenditures	'	$200,000

Plants_Shutdowns_Asset_Impairm3

Plants Shutdowns, Asset Impairments, Restructurings And Other (Schedule Of Accrued Expenses Associated With Asset Impairments And Exit And Disposal Activities) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Restructuring Reserve [Roll Forward]	'
Balance at December 31, 2013	$687
Charges	1,245
Cash spent	-231
Charges against assets	-168
Balance at March 31, 2014	1,533
Severance	'
Restructuring Reserve [Roll Forward]	'
Balance at December 31, 2013	331
Charges	1,077
Cash spent	-76
Balance at March 31, 2014	1,332
Long Lived Asset Impairment [Member]	'
Restructuring Reserve [Roll Forward]	'
Balance at December 31, 2013	0
Charges	168
Cash spent	0
Charges against assets	-168
Balance at March 31, 2014	0
Other	'
Restructuring Reserve [Roll Forward]	'
Balance at December 31, 2013	356	[1]
Charges	0	[1]
Cash spent	-155	[1]
Balance at March 31, 2014	$201	[1]
[1]	Other includes other shutdown-related costs associated with the shutdown of the Company's aluminum extrusions manufacturing facility in Kentland, Indiana.

Inventories_Schedule_Of_Compon

Inventories (Schedule Of Components Of Inventories) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Inventory, Net [Abstract]	'	'
Finished goods	$16,450	$14,953
Work-in-process	8,160	7,750
Raw materials	21,459	24,477
Stores, supplies and other	24,461	23,483
Total	$70,530	$70,663

Earnings_Per_Share_Narrative_D

Earnings Per Share (Narrative) (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	114,850	60,067

Earnings_Per_Share_Schedule_Of

Earnings Per Share (Schedule Of Calculation Of Numerator And Denominator In Earnings Per Share) (Details)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'
Weighted average shares outstanding used to compute basic earnings per share	32,242	32,076
Incremental dilutive shares attributable to stock options and restricted stock	379	404
Shares used to compute diluted earnings per share	32,621	32,480

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income (Loss) (Schedule Of After-Tax Changes In Accumulated Other Comprehensive Income (Loss)) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'
Beginning balance, January 1, 2014	($90,288)	($102,347)
Other comprehensive income (loss) before reclassifications	5,264	373
Amounts reclassified from accumulated other comprehensive income (loss)	1,763	2,287
Net other comprehensive income (loss) - current period	7,027	2,660
Ending balance, March 31, 2014	-83,261	-99,687
Foreign Currency Translation	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'
Beginning balance, January 1, 2014	-19,205	131
Other comprehensive income (loss) before reclassifications	5,095	865
Amounts reclassified from accumulated other comprehensive income (loss)	0	0
Net other comprehensive income (loss) - current period	5,095	865
Ending balance, March 31, 2014	-14,110	996
Gain (Loss) on Derivative Financial Instruments	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'
Beginning balance, January 1, 2014	765	993
Other comprehensive income (loss) before reclassifications	169	-492
Amounts reclassified from accumulated other comprehensive income (loss)	23	-26
Net other comprehensive income (loss) - current period	192	-518
Ending balance, March 31, 2014	957	475
Pension & Other Post-retirement Benefit Adjust.	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'
Beginning balance, January 1, 2014	-71,848	-103,471
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income (loss)	1,740	2,313
Net other comprehensive income (loss) - current period	1,740	2,313
Ending balance, March 31, 2014	($70,108)	($101,158)

Accumulated_Other_Comprehensiv3

Accumulated Other Comprehensive Income (Loss) (Schedule Of Reclassifications Of Balances Out Of Accumulated Other Comprehensive Income (Loss) Into Net Income) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Cost of sales	($190,694)		($197,488)
Total, before taxes	13,087		13,281
Income tax expense (benefit)	4,608		3,764
Total, net of tax	8,479		4,277
Reclassification Out Of Accumulated Other Comprehensive Income | Gain (Loss) on Derivative Financial Instruments	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Total, before taxes	-37		42
Income tax expense (benefit)	-14		16
Total, net of tax	-23		26
Reclassification Out Of Accumulated Other Comprehensive Income | Gain (Loss) on Derivative Financial Instruments | Aluminum Futures Contracts	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Cost of sales	-37		42
Reclassification Out Of Accumulated Other Comprehensive Income | Gain (Loss) on Derivative Financial Instruments | Foreign Currency Forward Contracts	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Cost of sales	0		0
Reclassification Out Of Accumulated Other Comprehensive Income | Pension & Other Post-retirement Benefit Adjust.	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Actuarial gain (loss) and prior service costs, before taxes	-2,737	[1]	-3,649	[1]
Income tax expense (benefit)	-997		-1,336
Total, net of tax	($1,740)		($2,313)
[1]	This component of accumulated other comprehensive income is included in the computation of net periodic pension cost (see Note 10 for additional detail).

Investments_Narrative_Details

Investments (Narrative) (Details) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2008	Aug. 31, 2007
Unrealized gain (loss) on investment under fair value method	$0	$1,100,000	'	'	'
kaleo	'	'	'	'	'
Total cash invested in private company	'	'	'	7,500,000	'
Ownership interest percentage	20.00%	'	'	'	'
Carrying value	37,100,000	'	37,100,000	'	'
Unrealized gain (loss) on investment under fair value method	0	1,100,000	'	'	'
Weighted average cost of capital	45.00%	55.00%	55.00%	'	'
Basis point decrease of weighted average cost of capital assumption	5.00%	'	'	'	'
Basis point increase of weighted average cost of capital assumption	5.00%	'	'	'	'
Increase in fair value from five hundred point decrease in weighted average cost of capital assumption	7,000,000	'	'	'	'
Decrease in fair value from five hundred point increase in weighted average cost of capital assumption	6,000,000	'	'	'	'
Harbinger Fund	'	'	'	'	'
Investment carrying value	2,600,000	'	2,800,000	'	'
Cost-method investment, OTTI	200,000	'	'	'	'
Total withdrawal proceeds received	'	200,000	'	'	'
Alleghany And Bath County, Virginia	'	'	'	'	'
Investment carrying value	$5,900,000	'	$5,900,000	'	'

Investments_Schedule_Of_Fair_V

Investments (Schedule Of Fair Value Method Investments, Balance Sheets And Income Statements) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012
Cash and cash equivalents	$45,227	$37,685	$52,617	$48,822
Property & equipment	287,421	'	282,560	'
Other long-term assets	49,266	'	49,641	'
Total assets	808,530	'	793,008	'
Long term debt, net of discount	134,000	'	139,000	'
Equity	416,170	'	402,664	'
Total liabilities and shareholders’ equity	808,530	'	793,008	'
Expenses and other, net	-222,032	-229,069	'	'
Income tax benefit (expense)	-4,608	-3,764	'	'
Net income	8,479	4,277	'	'
kaleo	'	'	'	'
Cash and cash equivalents	28,070	'	33,560	'
Other current assets	7,570	'	5,682	'
Property & equipment	11,110	'	10,559	'
Patents	2,487	'	2,433	'
Other long-term assets	777	'	445	'
Total assets	50,014	'	52,679	'
Long-term debt, net of discount, current portion	14,852	'	5,414	'
Other current liabilities	5,856	'	4,845	'
Non-current liabilities	2,698	'	3,098	'
Long term debt, net of discount	0	'	9,372	'
Redeemable preferred stock	22,211	'	21,970	'
Equity	4,397	'	7,980	'
Total liabilities and shareholders’ equity	50,014	'	52,679	'
Royalty revenues	2,558	1,800	'	'
Expenses and other, net	-8,316	-3,802	'	'
Income tax benefit (expense)	2,239	1,087	'	'
Net income	($3,519)	($915)	'	'

Derivative_Financial_Instrumen2

Derivative Financial Instruments (Narrative) (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2013	Mar. 31, 2014	Dec. 31, 2013
	USD ($)	Aluminum Futures Contracts	Aluminum Futures Contracts	Film Products Foreign Currency Contract Forward Contract	Film Products Foreign Currency Contract Forward Contract	Film Products Foreign Currency Contract Forward Contract	Film Products Foreign Currency Contract Forward Contract	Derivatives Not Designated As Hedging Instruments	Derivatives Not Designated As Hedging Instruments
		USD ($)	USD ($)	USD ($)	EUR (€)	USD ($)	EUR (€)	Aluminum Futures Contracts	Aluminum Futures Contracts
		lb	lb					USD ($)	USD ($)
Derivative [Line Items]	'	'	'	'	'	'	'	'	'
Notional Amount	'	$8,600,000	$8,000,000	'	€ 2,000,000	'	€ 2,100,000	'	'
Weight of aluminum that hedged future purchase of aluminum to meet fixed - price forward sales contract obligations, lbs	'	8,900,000	8,400,000	'	'	'	'	'	'
Net asset (liability), Fair Value	'	154,000	-147,000	7,000	'	47,000	'	0	0
Amounts of unrealized after-tax losses on derivative instruments	($100,000)	'	'	'	'	'	'	'	'

Derivative_Financial_Instrumen3

Derivative Financial Instruments (Summary Of Location And Fair Value Of Derivative Financial Instruments) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Aluminum Futures Contracts	'	'
Derivatives, Fair Value [Line Items]	'	'
Net asset (liability), Fair Value	$154,000	($147,000)
Film Products Foreign Currency Contract Forward Contract	'	'
Derivatives, Fair Value [Line Items]	'	'
Net asset (liability), Fair Value	7,000	47,000
Derivatives Designated As Hedging Instruments [Member] | Aluminum Futures Contracts | Prepaid Expenses And Other	'	'
Derivatives, Fair Value [Line Items]	'	'
Asset derivatives: Fair Value	208,000	31,000
Liability derivatives: Fair Value	-54,000	-178,000
Derivatives Designated As Hedging Instruments [Member] | Film Products Foreign Currency Contract Forward Contract | Prepaid Expenses And Other	'	'
Derivatives, Fair Value [Line Items]	'	'
Asset derivatives: Fair Value	7,000	47,000
Derivatives Not Designated As Hedging Instruments | Aluminum Futures Contracts	'	'
Derivatives, Fair Value [Line Items]	'	'
Net asset (liability), Fair Value	$0	$0

Derivative_Financial_Instrumen4

Derivative Financial Instruments (Schedule Of Pretax Effect On Net Income (Loss) And Other Comprehensive Income (Loss) Of Derivative Instruments Classified As Cash Flow Hedges) (Details) (Cash Flow Derivative Hedges, USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Aluminum Futures Contracts	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of pre-tax gain (loss) recognized in other comprehensive income	$264	($387)
Aluminum Futures Contracts | Cost Of Sales	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of pre-tax gain (loss) reclassified from accumulated other comprehensive income to net income (effective portion)	-37	42
Foreign Currency Forwards And Options	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Amount of pre-tax gain (loss) recognized in other comprehensive income	$8	($389)

Pension_And_Other_PostRetireme2

Pension And Other Post-Retirement Benefits (Narrative) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2013	Mar. 31, 2014
In Millions, unless otherwise specified			Other Post-Retirement Benefits	Pension Benefits
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'
Pension and other postretirement liabilities	$49.70	$50.30	'	'
Expected required contributions	'	'	'	0.2
Contribution to pension plans for continuing operations	'	'	$0.30	'

Pension_And_Other_PostRetireme3

Pension And Other Post-Retirement Benefits (Schedule Of Components Of Net Periodic Benefit Cost For Pension And Other Post-Retirement Benefit Programs) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Pension Benefits	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'
Service cost	$544	$870
Interest cost	3,341	3,106
Expected return on plan assets	-4,558	-4,329
Amortization of prior service costs, gains or losses and net transition asset	2,814	3,690
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements and Curtailments	81	0
Net periodic benefit cost	2,222	3,337
Other Post-Retirement Benefits	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'
Service cost	13	18
Interest cost	93	89
Expected return on plan assets	'	0
Amortization of prior service costs, gains or losses and net transition asset	-77	-41
Net periodic benefit cost	$29	$66

Segment_Reporting_Schedule_Of_

Segment Reporting (Schedule Of Segment Reporting Information By Segment) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Segment Reporting Information [Line Items]	'	'
Total net sales	$228,443	$234,324
Add back freight	6,770	7,202
Sales as shown in the Consolidated Statements of Income	235,213	241,526
Total	20,238	21,266
Interest income	195	78
Interest expense	630	690
Gain on investment accounted for under fair value method	0	1,100
Stock option-based compensation costs	241	316
Corporate expenses, net	6,475	8,157
Income from continuing operations before income taxes	13,087	13,281
Income taxes from continuing operations	4,608	3,764
Income from continuing operations	8,479	9,517
Loss from discontinued operations	0	-5,240
Net income	8,479	4,277
kaleo	'	'
Segment Reporting Information [Line Items]	'	'
Gain on investment accounted for under fair value method	0	1,100
Income taxes from continuing operations	-2,239	-1,087
Net income	-3,519	-915
Film Products	'	'
Segment Reporting Information [Line Items]	'	'
Total net sales	149,160	154,385
Ongoing operations	16,722	17,007
Plant shutdowns, asset impairments, restructurings and other	-1,245	-102
Aluminum Extrusions	'	'
Segment Reporting Information [Line Items]	'	'
Total net sales	79,283	79,939
Ongoing operations	4,761	4,614
Plant shutdowns, asset impairments, restructurings and other	$0	($253)

Segment_Reporting_Schedule_Of_1

Segment Reporting (Schedule Of Identifiable Assets By Segment) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Subtotal	$715,490	$691,801	'	'
General corporate	47,813	48,590	'	'
Cash and cash equivalents	45,227	52,617	37,685	48,822
Total assets	808,530	793,008	'	'
Film Products	'	'	'	'
Total assets	573,335	556,873	'	'
Aluminum Extrusions	'	'	'	'
Total assets	$142,155	$134,928	'	'

Income_Taxes_Narrative_Details

Income Taxes (Narrative) (Details) (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Income Taxes [Line Items]	'	'
Effective tax rate for continuing operations	35.20%	28.30%
Benefit from the tax incentives	$0.30	$0.70
Benefit from the tax incentives, per share	$0.01	$0.02
Terphane Ltda	'	'
Income Taxes [Line Items]	'	'
Current effective tax rate	15.25%	'
Income tax rate	6.25%	'
Percentage of social contribution on income included in current effective tax rate	9.00%	'
Brazil	'	'
Income Taxes [Line Items]	'	'
Federal statutory income tax rate	34.00%	'
Income tax rate	25.00%	'
Percentage of social contribution on income included in federal statutory income tax rate	9.00%	'

Income_Taxes_Schedule_Of_Effec

Income Taxes (Schedule Of Effective Income Tax Rate For Continuing Operations) (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Tax Disclosure [Abstract]	'	'
Income tax expense at federal statutory rate	35.00%	35.00%
State taxes, net of federal income tax benefit	2.10%	1.80%
Reversal of income tax contingency accruals and tax settlements	1.50%	0.60%
Unremitted earnings from foreign operations	1.10%	0.50%
Valuation allowance for capital loss carry-forwards	0.30%	-0.30%
Non-deductible expenses	0.20%	0.60%
Changes in estimates related to prior year tax provision	0.20%	-0.20%
Research and development tax credit	0.00%	-2.70%
Valuation allowance for foreign operating loss carry-forwards	-0.40%	1.80%
Foreign rate differences	-1.10%	-2.20%
Domestic production activities deduction	-1.60%	-1.40%
Foreign tax incentives	-2.00%	-5.00%
Other	-0.10%	-0.20%
Effective income tax rate for income from continuing operations	35.20%	28.30%

Shareholder_Rights_Agreement_D

Shareholder Rights Agreement (Details) (USD $)	0 Months Ended	3 Months Ended	12 Months Ended
	Feb. 19, 2014	Mar. 31, 2014	Dec. 31, 2013	Nov. 18, 2013
Warrants and Rights Note Disclosure [Abstract]	'	'	'	'
Number of rights attached to each outstanding share of common stock	'	'	'	1
Portion of shares each Right can buy	'	0.01	0.01	'
Exercise price of participating cumulative preferred stock, per share	'	$150	'	'
Percentage of outstanding common stock shares to be acquired for exercise of rights	'	20.00%	'	'
Percentage of common stock ownership required in a tender offer for exercise of rights	'	20.00%	'	'
Additional percentage of common stock outstanding required to become an acquired person	'	1.00%	'	'
Percentage of assets or earning power sold or transferred for exercise of rights	'	50.00%	'	'
Price per rIght redeemed by board of dIrectors in event agreement is not approved	$0.01	'	'	'
Shareholder Rights Redemption Payment	'	$300,000	'	'

Contingencies_Details

Contingencies (Details) (USD $)	Jan. 08, 2013	Dec. 31, 2013
In Millions, unless otherwise specified	in	Tredegar vs. 3M
Loss Contingencies [Line Items]	'	'
Minimum thickness of performance enhancing layer on films required to avoid antidumping duty order	0.00001	'
Estimated legal expenditures	'	$3