Libbey (LBY) 10-Q 3 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 29, 2016
Entity Information [Line Items]
Entity Registrant Name	LIBBEY INC
Entity Central Index Key	902,274
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		21,760,562

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net sales	$ 182,807	$ 187,365
Freight billed to customers	618	606
Total revenues	183,425	187,971
Cost of sales	143,451	145,476
Gross profit	39,974	42,495
Selling, general and administrative expenses	34,135	34,399
Income from operations	5,839	8,096
Other income (expense)	(15)	827
Earnings before interest and income taxes	5,824	8,923
Interest expense	5,244	4,523
Income before income taxes	580	4,400
Provision (benefit) for income taxes	(138)	1,288
Net income	$ 718	$ 3,112
Net income per share:
Basic	$ 0.03	$ 0.14
Diluted	0.03	0.14
Dividends declared per share	$ 0.115	$ 0.11

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net income	$ 718	$ 3,112
Other comprehensive income (loss):
Pension and other postretirement benefit adjustments, net of tax	989	4,712
Change in fair value of derivative instruments, net of tax	(1,858)	(242)
Foreign currency translation adjustments, net of tax	3,205	(10,490)
Other comprehensive income (loss), net of tax	2,336	(6,020)
Comprehensive income (loss)	$ 3,054	$ (2,908)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets:
Cash and cash equivalents	$ 25,570	$ 49,044
Accounts receivable - net	87,901	94,379
Inventories - net	191,950	178,027
Prepaid and other current assets	19,845	19,326
Total current assets	325,266	340,776
Pension asset	977	977
Purchased intangible assets - net	16,231	16,364
Goodwill	164,112	164,112
Deferred income taxes	49,736	48,662
Other assets	8,900	9,019
Total other assets	239,956	239,134
Property, plant and equipment - net	268,913	272,534
Total assets	834,135	852,444
Liabilities and Shareholders' Equity:
Accounts payable	63,185	71,560
Salaries and wages	25,971	27,266
Accrued liabilities	42,545	45,179
Accrued income taxes	2,295	4,009
Pension liability (current portion)	2,032	2,297
Non-pension postretirement benefits (current portion)	4,903	4,903
Derivative liability	4,346	4,265
Long-term debt due within one year	4,761	4,747
Total current liabilities	150,038	164,226
Long-term debt	420,469	426,272
Pension liability	42,792	44,274
Non-pension postretirement benefits	55,446	55,282
Deferred income taxes	3,235	2,822
Other long-term liabilities	13,736	11,186
Total liabilities	685,716	704,062
Shareholders' equity:
Common stock, par value $.01 per share, 50,000,000 shares authorized, 21,843,851 shares issued in 2016 (21,843,851 shares issued in 2015)	218	218
Capital in excess of par value	328,473	330,756
Treasury stock	(979)	(4,448)
Retained deficit	(61,397)	(57,912)
Accumulated other comprehensive loss	(117,896)	(120,232)
Total shareholders' equity	148,419	148,382
Total liabilities and shareholders' equity	$ 834,135	$ 852,444

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets Parenthetical - $ / shares	Mar. 31, 2016	Dec. 31, 2015
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	21,843,851	21,843,851

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Shareholders' Equity Statement - 3 months ended Mar. 31, 2016 - USD ($) $ in Thousands	Total	Common Stock	Treasury Stock	Capital in Excess of Par Value	Retained Deficit	Accumulated Other Comprehensive Loss (note 9)
Balance, value at Dec. 31, 2015	$ 148,382	$ 218	$ (4,448)	$ 330,756	$ (57,912)	$ (120,232)
Balance, shares at Dec. 31, 2015		21,843,851	110,717
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	718				718
Other comprehensive income	2,336					2,336
Stock compensation expense	281			281
Dividends	(2,515)				(2,515)
Stock withheld for employee taxes	(473)			(473)
Stock issued, value	887		$ 4,666	(2,091)
Stock issued, value lower than repurchase price					(1,688)
Stock issued, shares			(122,785)
Purchase of treasury shares, value	(1,197)		$ (1,197)
Purchase of treasury shares, shares			66,115
Balance, value at Mar. 31, 2016	$ 148,419	$ 218	$ (979)	$ 328,473	$ (61,397)	$ (117,896)
Balance, shares at Mar. 31, 2016		21,843,851	54,047

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating activities:
Net income	$ 718	$ 3,112
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	12,081	10,184
Loss on asset sales and disposals	61	211
Change in accounts receivable	7,217	(5,647)
Change in inventories	(12,467)	(16,720)
Change in accounts payable	(5,589)	(2,339)
Accrued interest and amortization of discounts and finance fees	(2,220)	212
Pension & non-pension postretirement benefits, net	(101)	1,003
Accrued liabilities & prepaid expenses	(1,616)	(2,876)
Income taxes	(2,965)	(1,360)
Share-based compensation expense	1,816	2,129
Other operating activities	(1,909)	(1,145)
Net cash used in operating activities	(4,974)	(13,236)
Investing activities:
Additions to property, plant and equipment	(9,855)	(16,659)
Net cash used in investing activities	(9,855)	(16,659)
Financing activities:
Borrowing on ABL credit facility	6,000	14,100
Repayments on ABL credit facility	(6,000)	(10,000)
Other repayments	(171)	(3,255)
Repayments on Term Loan B	(6,100)	(1,100)
Stock options exercised	1,029	1,848
Dividends	(2,515)	(2,402)
Treasury shares purchased	(1,197)	(9,144)
Net cash used in financing activities	(8,954)	(9,953)
Effect of exchange rate fluctuations on cash	309	(1,580)
Decrease in cash	(23,474)	(41,428)
Cash at beginning of period	49,044	60,044
Cash at end of period	25,570	18,616
Supplemental disclosure of cash flow information:
Cash paid during the period for interest, net of capitalized interest	7,318	3,929
Cash paid during the period for income taxes	$ 1,544	$ 1,181

Description of the Business

Description of the Business	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of the Business	Description of the Business Libbey is a leading global manufacturer and marketer of glass tableware products. We produce glass tableware in five countries and sell to customers in over 100 countries. We design and market, under our Libbey ® , Crisa ® , Royal Leerdam ® , World ® Tableware, Syracuse ® China and Crisal Glass ® brand names (among others), an extensive line of high-quality glass tableware, ceramic dinnerware, metal flatware, hollowware and serveware items for sale primarily in the foodservice, retail and business-to-business markets. Our sales force presents our products to the global marketplace in a coordinated fashion. We own and operate two glass tableware manufacturing plants in the United States as well as glass tableware manufacturing plants in the Netherlands (Libbey Holland), Portugal (Libbey Portugal), China (Libbey China) and Mexico (Libbey Mexico). In addition, we import products from overseas in order to complement our line of manufactured items. The combination of manufacturing and procurement allows us to compete in the global tableware market by offering an extensive product line at competitive prices. Our website can be found at www.libbey.com . We make available, free of charge, at this website all of our reports filed or furnished pursuant to Section 13(a) or 15(d) of Securities Exchange Act of 1934, including our annual report on Form 10-K, our quarterly reports on Form 10-Q, our current reports on Form 8-K, as well as amendments to those reports. These reports are made available on our website as soon as reasonably practicable after their filing with, or furnishing to, the Securities and Exchange Commission and can also be found at www.sec.gov . Our shares are traded on the NYSE MKT exchange under the ticker symbol LBY.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies See our Form 10-K for the year ended December 31, 2015 for a description of significant accounting policies not listed below. Basis of Presentation The Condensed Consolidated Financial Statements include Libbey Inc. and its majority-owned subsidiaries (collectively, Libbey or the Company). Our fiscal year end is December 31 st . All material intercompany accounts and transactions have been eliminated. The preparation of financial statements and related disclosures in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Actual results could differ materially from management’s estimates. Condensed Consolidated Statements of Operations Net sales in our Condensed Consolidated Statements of Operations include revenue earned when products are shipped and title and risk of loss have passed to the customer. Revenue is recorded net of returns, discounts and incentives offered to customers. Cost of sales includes cost to manufacture and/or purchase products, warehouse, shipping and delivery costs and other costs. Foreign Currency Translation Assets and liabilities of non-U.S. subsidiaries that operate in a local currency environment, where that local currency is the functional currency, are translated to U.S. dollars at exchange rates in effect at the balance sheet date, with the resulting translation adjustments directly recorded to a separate component of accumulated other comprehensive loss. Income and expense accounts are translated at average exchange rates during the year. The effect of exchange rate changes on transactions denominated in currencies other than the functional currency is recorded in other income (expense). Income Taxes Income taxes are accounted for under the asset and liability method. Deferred income tax assets and liabilities are recognized for estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax attribute carry-forwards. Deferred income tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. Financial Accounting Standards Board Accounting Standards Codification™ (FASB ASC) Topic 740, “Income Taxes,” requires that a valuation allowance be recorded when it is more likely than not that some portion or all of the deferred income tax assets will not be realized. Deferred income tax assets and liabilities are determined separately for each tax paying component in which we conduct our operations or otherwise incur taxable income or losses. See note 5 for further discussion. Stock-Based Compensation Expense We account for stock-based compensation expense in accordance with FASB ASC Topic 718, “Compensation — Stock Compensation,” and FASB ASC Topic 505-50, “Equity — Equity-Based Payments to Non-Employees”. Stock-based compensation cost is measured based on the fair value of the equity instruments issued. FASB ASC Topics 718 and 505-50 apply to all of our outstanding unvested stock-based payment awards. Stock-based compensation expense charged to the Condensed Consolidated Statements of Operations is as follows: Three months ended March 31, (dollars in thousands) 2016 2015 Stock-based compensation expense $ 1,816 $ 2,129 Reclassifications Certain amounts in prior years' financial statements have been reclassified to conform to the presentation used in the quarter ended March 31, 2016 , including the segment data in note 10. New Accounting Standards In May 2014, the FASB issued Accounting Standards Update No. 2014-09, "Revenue From Contracts With Customers" (ASU 2014-09), which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. ASU 2014-09 is based on the principle that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to fulfill a contract. Entities have the option of using either a full retrospective or a modified retrospective approach for the adoption of the new standard. This update is effective for interim and annual reporting periods beginning after December 15, 2016; early adoption is not permitted. In August 2015, the FASB issued ASU 2015-14 which defers the effective date one year from January 1, 2017 to January 1, 2018, but early adoption as of January 1, 2017 is permitted. In March of 2016 the FASB issued ASU 2016-08, "Revenue From Contracts With Customers: Principal vs. Agent Considerations" (ASU 2016-08). ASU 2016-08 provides more detailed guidance in determining principal or agent determination and when revenue should be recorded when a performance obligation is completed. We are currently assessing the impact that these standards will have on our Condensed Consolidated Financial Statements. In August 2014, the FASB issued Accounting Standards Update No. 2014-15, "Presentation of Financial Statements-Going Concern" (ASU 2014-15), which establishes management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern in connection with preparing financial statements for each annual and interim reporting period. ASU 2014-15 also provides guidance to determine whether to disclose information about relevant conditions and events when there is substantial doubt about an entity’s ability to continue as a going concern. This update is effective for the annual reporting period ending after December 15, 2016, and for interim and annual periods thereafter. Early application is permitted. We are currently evaluating the impact that this standard will have on our Condensed Consolidated Financial Statements. In May 2015, the FASB issued Accounting Standards Update 2015-07, "Disclosures for Investments in Certain Entities that Calculate Net Asset Value Per Share (or its Equivalent)" (ASU 2015-07), which removes the requirement to categorize within the fair value hierarchy investments for which fair values are estimated using the net asset value practical expedient provided by FASB ASC Topic 820, Fair Value Measurement. Disclosures about investments in certain entities that calculate net asset value per share are limited under ASU 2015-07 to those investments for which the entity has elected to estimate the fair value using the net asset value practical expedient. ASU 2015-07 is effective for entities for fiscal years beginning after December 15, 2015 and interim periods within, with retrospective application to all periods presented. Early application is permitted. Although there is no impact on our 2016 interim financial statements, we are currently assessing the impact that this standard will have on our Consolidated Financial Statements at December 31, 2016. In July 2015, the FASB issued Accounting Standards Update No. 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory" (ASU 2015-11), which requires that inventory be measured at the lower of its cost or the estimated sale price, minus the costs of completing the sale, which the FASB calls the net realizable value. This update is effective for interim and annual reporting periods beginning after December 15, 2016, with early adoption permitted. We are currently evaluating the impact that this standard will have on our Condensed Consolidated Financial Statements. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, "Leases (Topic 842)" (ASU 2016-02), which requires a lessee to recognize assets and liabilities for leases with lease terms of more than 12 months on the balance sheet. Leases will be classified as either finance or operating leases, with classification affecting the pattern of expense recognition in the income statement. The new guidance also clarifies the definition of a lease and disclosure requirements. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, with early application permitted. We are currently assessing the impact that this standard will have on our Condensed Consolidated Financial Statements. In March 2016, the FASB issued Accounting Standards Update No. 2016-09, "Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting" (ASU 2016-09). Areas for simplification in this update involve several aspects of 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. ASU 2016-09 is effective for interim and annual reporting periods beginning after December 15, 2016, with early application permitted. We are currently assessing the impact that this standard will have on our Condensed Consolidated Financial Statements.

Balance Sheet Details

Balance Sheet Details	3 Months Ended
	Mar. 31, 2016
Balance Sheet Details [Abstract]
Balance Sheet Details	Balance Sheet Details The following table provides detail of selected balance sheet items: (dollars in thousands) March 31, 2016 December 31, 2015 Accounts receivable: Trade receivables $ 84,203 $ 91,324 Other receivables 3,698 3,055 Total accounts receivable, less allowances of $6,063 and $7,066 $ 87,901 $ 94,379 Inventories: Finished goods $ 173,597 $ 159,998 Work in process 1,619 1,183 Raw materials 4,497 4,944 Repair parts 11,057 10,763 Operating supplies 1,180 1,139 Total inventories, less loss provisions of $5,533 and $5,313 $ 191,950 $ 178,027 Accrued liabilities: Accrued incentives $ 20,865 $ 21,450 Other accrued liabilities 21,680 23,729 Total accrued liabilities $ 42,545 $ 45,179

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Borrowings	Borrowings Borrowings consist of the following: (dollars in thousands) Interest Rate Maturity Date March 31, December 31, Borrowings under ABL Facility floating April 9, 2019 $ — $ — Term Loan B floating (1) April 9, 2021 427,300 433,400 AICEP Loan 0.00% July, 2016 to July 30, 2018 3,413 3,451 Total borrowings 430,713 436,851 Less — unamortized discount and finance fees 5,483 5,832 Total borrowings — net 425,230 431,019 Less — long term debt due within one year 4,761 4,747 Total long-term portion of borrowings — net $ 420,469 $ 426,272 ________________________ (1) - See interest rate swap in note 8. The interest rate was 3.75 percent at March 31, 2016. At March 31, 2016 , the available borrowing base under the ABL Facility is offset by a $0.4 million rent reserve and a $1.6 million mark-to-market reserve for natural gas contracts. The ABL Facility also provides for the issuance of up to $30.0 million of letters of credit, which when outstanding are applied against the $100.0 million limit; at March 31, 2016 , $6.6 million in letters of credit were outstanding. Remaining unused availability under the ABL Facility was $91.4 million at March 31, 2016 , compared to $91.0 million at December 31, 2015 .

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For interim tax reporting, we estimate our annual effective tax rate and apply it to our year-to-date ordinary income. Tax jurisdictions with a projected or year-to-date loss for which a tax benefit cannot be realized are excluded from the annualized effective tax rate. The tax effects of unusual or infrequently occurring items, including changes in judgment about valuation allowances and effects of changes in tax laws or rates, are reported in the interim period in which they occur. Our effective tax rate was (23.8) percent for the quarter ended March 31, 2016, compared to 29.3 percent for the quarter ended March 31, 2015. Our effective tax rate differs from the United States statutory tax rate primarily due to a valuation allowance on deferred tax assets in the Netherlands, earnings in countries with differing statutory tax rates, foreign withholding tax, and tax planning structures. At March 31, 2016, we continued to record a valuation allowance of approximately $11.9 million against our deferred tax assets in the Netherlands. We review the need for valuation allowances in all jurisdictions on a quarterly basis in order to assess the likelihood of the realization of our deferred tax assets. In assessing the need for recording or reversing a valuation allowance, we weigh all available positive and negative evidence. Examples of the evidence we consider are cumulative losses in recent years, losses expected in early future years, a history of potential tax benefits expiring unused, prudent and feasible tax planning strategies that could be implemented, and whether there were unusual, infrequent or extraordinary items to be considered. With respect to the valuation allowance recorded in the Netherlands, management continues to conclude that the negative evidence outweighs the positive and thus the valuation allowance was maintained.

Pension and Non-pension Postret

Pension and Non-pension Postretirement Benefits	3 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Pension and Non-pension Postretirement Benefits	ension and Non-pension Postretirement Benefits We have pension plans covering the majority of our employees. Benefits generally are based on compensation and service for salaried employees and job grade and length of service for hourly employees. In addition, we have an unfunded supplemental employee retirement plan (SERP) that covers certain salaried U.S.-based employees of Libbey hired before January 1, 2006. The U.S. pension plans cover the salaried U.S.-based employees of Libbey hired before January 1, 2006 and most hourly U.S.-based employees (excluding employees hired at Shreveport after 2008 and at Toledo after September 30, 2010). Effective January 1, 2013, we ceased annual company contribution credits to the cash balance accounts in our Libbey U.S. Salaried Pension Plan and SERP. The non-U.S. pension plans cover the employees of our wholly owned subsidiary in Mexico. The plan in Mexico is unfunded. In the fourth quarter of 2015, we executed an agreement with Pensioenfonds voor de Grafische Bedrijven (“PGB”), an industry wide pension fund, and unwound direct ownership of our defined benefit pension plan in the Netherlands. In accordance with this agreement, we transferred all assets of the plan to PGB, which now assumes the related liabilities and administrative responsibilities of the plan. In 2016, Libbey Holland continues to make cash contributions to PGB as participating employees earn pension benefits. These related costs are expensed as incurred and are excluded from 2016 pension expense below. The components of our net pension expense, including the SERP, are as follows: Three months ended March 31, U.S. Plans Non-U.S. Plans Total (dollars in thousands) 2016 2015 2016 2015 2016 2015 Service cost $ 996 $ 1,161 $ 317 $ 748 $ 1,313 $ 1,909 Interest cost 3,777 3,709 672 1,103 4,449 4,812 Expected return on plan assets (5,755 ) (5,662 ) — (598 ) (5,755 ) (6,260 ) Amortization of unrecognized: Prior service cost 66 104 (54 ) (64 ) 12 40 Actuarial loss 1,120 1,886 202 406 1,322 2,292 Pension expense $ 204 $ 1,198 $ 1,137 $ 1,595 $ 1,341 $ 2,793 We have contributed $1.5 million of cash into our pension plans for the three months ended March 31, 2016 . Pension contributions for the remainder of 2016 are estimated to be $1.0 million . We provide certain retiree health care and life insurance benefits covering our U.S. and Canadian salaried employees hired before January 1, 2004 and a majority of our union hourly employees (excluding employees hired at Shreveport after 2008 and at Toledo after September 30, 2010). Employees are generally eligible for benefits upon retirement and completion of a specified number of years of creditable service. Benefits for most hourly retirees are determined by collective bargaining. The U.S. non-pension postretirement plans cover the hourly and salaried U.S.-based employees of Libbey (excluding those mentioned above). The non-U.S. non-pension postretirement plans cover the retirees and active employees of Libbey who are located in Canada. The postretirement benefit plans are unfunded. The provision for our non-pension postretirement benefit expense consists of the following: Three months ended March 31, U.S. Plans Non-U.S. Plans Total (dollars in thousands) 2016 2015 2016 2015 2016 2015 Service cost $ 199 $ 282 $ — $ — $ 199 $ 282 Interest cost 652 660 12 19 664 679 Amortization of unrecognized: Prior service cost 35 35 — — 35 35 Actuarial loss / (gain) 20 196 (11 ) — 9 196 Non-pension postretirement benefit expense $ 906 $ 1,173 $ 1 $ 19 $ 907 $ 1,192 Our 2016 estimate of non-pension cash payments is $5.0 million , and we have paid $0.8 million for the three months ended March 31, 2016 .

Net Income (Loss) per Share of

Net Income (Loss) per Share of Common Stock	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Net Income per Share of Common Stock	Net Income per Share of Common Stock The following table sets forth the computation of basic and diluted earnings per share: Three months ended March 31, (dollars in thousands, except earnings per share) 2016 2015 Numerators for earnings per share: Net income that is available to common shareholders $ 718 $ 3,112 Denominator for basic earnings per share: Weighted average shares outstanding 21,850,171 21,853,455 Denominator for diluted earnings per share: Effect of stock options and restricted stock units 150,847 495,159 Adjusted weighted average shares and assumed conversions 22,001,018 22,348,614 Basic earnings per share $ 0.03 $ 0.14 Diluted earnings per share $ 0.03 $ 0.14 Shares excluded from diluted earnings per share due to: Inclusion would have been anti-dilutive (excluded from calculation) 616,642 89,006 When applicable, diluted shares outstanding includes the dilutive impact of restricted stock units. Diluted shares also include the impact of eligible employee stock options, which are calculated based on the average share price for each fiscal period using the treasury stock method. Under the treasury stock method, the tax-effected proceeds that hypothetically would be received from the exercise of all in-the-money options are assumed to be used to repurchase shares.

Derivatives

Derivatives	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives We utilize derivative financial instruments to hedge certain interest rate risks associated with our long-term debt, commodity price risks associated with forecasted future natural gas requirements and foreign exchange rate risks associated with transactions denominated in a currency other than the U.S. dollar. These derivatives, except for the foreign currency contracts and the natural gas contracts used in our Mexican manufacturing facilities, qualify for hedge accounting since the hedges are highly effective, and we have designated and documented contemporaneously the hedging relationships involving these derivative instruments. While we intend to continue to meet the conditions for hedge accounting, if hedges do not qualify as highly effective (as is the case for natural gas contracts used in our Mexico manufacturing facility) or if we do not believe that forecasted transactions would occur, the changes in the fair value of the derivatives used as hedges would be reflected in our earnings. All of these contracts are accounted for under FASB ASC 815 “Derivatives and Hedging.” Fair Values The following table provides the fair values of our derivative financial instruments for the periods presented: Asset Derivatives: (dollars in thousands) March 31, 2016 December 31, 2015 Derivatives not designated as hedging instruments under FASB ASC 815: Balance Sheet Location Fair Value Balance Sheet Location Fair Value Currency contracts Prepaid and other current assets $ — Prepaid and other current assets $ 245 Total undesignated — 245 Total $ — $ 245 Liability Derivatives: (dollars in thousands) March 31, 2016 December 31, 2015 Derivatives designated as hedging instruments under FASB ASC 815: Balance Sheet Location Fair Value Balance Sheet Location Fair Value Natural gas contracts Derivative liability - current $ 1,129 Derivative liability - current $ 1,069 Natural gas contracts Other long-term liabilities 50 Other long-term liabilities 34 Interest rate contract Derivative liability - current 2,322 Derivative liability - current 2,132 Interest rate contract Other long-term liabilities 2,884 Other long-term liabilities 246 Total designated 6,385 3,481 Derivatives not designated as hedging instruments under FASB ASC 815: Currency contracts Derivative liability - current 173 Derivative liability - current — Natural gas contracts Derivative liability - current 722 Derivative liability - current 1,064 Natural gas contracts Other long-term liabilities 7 Other long-term liabilities 35 Total undesignated 902 1,099 Total $ 7,287 $ 4,580 Natural Gas Contracts We use natural gas swap contracts related to forecasted future North American natural gas requirements. The objective of these commodity contracts is to limit the fluctuations in prices paid due to price movements in the underlying commodity. We consider our forecasted natural gas requirements in determining the quantity of natural gas to hedge. We combine the forecasts with historical observations to establish the percentage of forecast eligible to be hedged, typically ranging from 40 percent to 70 percent of our anticipated requirements, up to eighteen months in the future. The fair values of these instruments are determined from market quotes. As of March 31, 2016 , we had commodity contracts for 2,220,000 million British Thermal Units (BTUs) of natural gas. At December 31, 2015 , we had commodity contracts for 3,000,000 million BTUs of natural gas. All of our derivatives for natural gas in the U.S. qualify and are designated as cash flow hedges at March 31, 2016 . Hedge accounting is applied only when the derivative is deemed to be highly effective at offsetting changes in fair values or anticipated cash flows of the hedged item or transaction. For hedged forecasted transactions, hedge accounting is discontinued if the forecasted transaction is no longer probable to occur, and any previously deferred gains or losses would be recorded to earnings immediately. Changes in the effective portion of the fair value of these hedges are recorded in other comprehensive income (loss). The ineffective portion of the change in the fair value of a derivative designated as a cash flow hedge is recognized in other income (expense). As the natural gas contracts mature, the accumulated gains (losses) for the respective contracts are reclassified from accumulated other comprehensive loss to current expense in cost of sales in our Condensed Consolidated Statement of Operations. Since October 1, 2014, our derivatives for natural gas in Mexico have not been designated as cash flow hedges. All mark-to-market changes on these derivatives are being reflected in other income (expense). We recognized a gain (loss) of $0.4 million and $(0.3) million in other income (expense) in the three months ended March 31, 2016 and March 31, 2015 , respectively, related to the natural gas contracts where hedge accounting was not elected. Mexico natural gas contracts de-designated in the fourth quarter of 2014 were primarily all utilized by December 31, 2015. We paid additional cash of $1.2 million in each of the three month periods ended March 31, 2016 and March 31, 2015 , due to the difference between the fixed unit rate of our natural gas contracts and the variable unit rate of our natural gas cost from suppliers. Based on our current valuation, we estimate that accumulated losses currently carried in accumulated other comprehensive loss that will be reclassified into earnings over the next twelve months will result in $1.1 million of loss in our Condensed Consolidated Statements of Operations. The following table provides a summary of the effective portion of derivative gain (loss) recognized in other comprehensive income (loss) from our natural gas contracts: Three months ended March 31, (dollars in thousands) 2016 2015 Derivatives in Cash Flow Hedging relationships: Natural gas contracts $ (616 ) $ (829 ) Total $ (616 ) $ (829 ) The following table provides a summary of the effective portion of derivative gain (loss) reclassified from accumulated other comprehensive loss to the Condensed Consolidated Statements of Operations from our natural gas contracts: Three months ended March 31, (dollars in thousands) 2016 2015 Derivative: Location: Natural gas contracts Cost of sales $ (540 ) $ (536 ) Total impact on net income (loss) $ (540 ) $ (536 ) The ineffective portion of derivative gain (loss) related to the de-designated Mexico contracts reclassified from accumulated other comprehensive loss to cost of sales in the Condensed Consolidated Statements of Operations was immaterial for the three months ended March 31, 2015 . The following table provides a summary of the gain (loss) recognized in other income (expense) in the Condensed Consolidated Statements of Operations from our natural gas contracts: Three months ended March 31, (dollars in thousands) 2016 2015 De-designated contracts $ — $ (104 ) Contracts where hedge accounting was not elected 370 (295 ) Total $ 370 $ (399 ) Interest Rate Swap On April 1, 2015, we executed an interest rate swap on our Term Loan B as part of our risk management strategy to mitigate the risks involved with fluctuating interest rates. The interest rate swap effectively converts $220.0 million of our Term Loan B debt from a variable interest rate to a 4.85 percent fixed interest rate, thus reducing the impact of interest rate changes on future income. The fixed rate swap became effective in January 2016 and expires in January 2020. This interest rate swap is valued using the market standard methodology of netting the discounted expected future variable cash receipts and the discounted future fixed cash payments. The variable cash receipts are based on an expectation of future interest rates derived from observed market interest rate forward curves. Our interest rate swap qualifies and is designated as a cash flow hedge at March 31, 2016 and accounted for under FASB ASC 815 "Derivatives and Hedging". Hedge accounting is applied only when the derivative is deemed to be highly effective at offsetting changes in fair values or anticipated cash flows of the hedged item or transaction. For hedged forecasted transactions, hedge accounting would be discontinued if the forecasted transaction is no longer probable to occur, and any previously deferred gains or losses would be recorded to earnings immediately. Changes in the effective portion of the fair value of these hedges are recorded in other comprehensive income (loss). The ineffective portion, if any, of the change in the fair value of a derivative designated as a cash flow hedge is recognized in other income (expense). Based on our current valuation, we estimate that accumulated losses currently carried in accumulated other comprehensive loss that will be reclassified into earnings over the next twelve months will result in $2.3 million of additional interest expense in our Condensed Consolidated Statements of Operations. The following table provides a summary of the effective portion of derivative gain (loss) recognized in other comprehensive income (loss) from our interest rate swap: Three months ended March 31, (dollars in thousands) 2016 2015 Derivatives in Cash Flow Hedging relationships: Interest rate swap $ (3,219 ) $ — Total $ (3,219 ) $ — The following table provides a summary of the effective portion of derivative gain (loss) reclassified from accumulated other comprehensive income (loss) to the Condensed Consolidated Statements of Operations from our interest rate swap: Three months ended March 31, (dollars in thousands) 2016 2015 Derivative: Location: Interest rate swap Interest expense $ (391 ) $ — Total impact on net income (loss) $ (391 ) $ — Currency Contracts Our foreign currency exposure arises from transactions denominated in a currency other than the U.S. dollar primarily associated with our Canadian dollar denominated accounts receivable. From time to time, we enter into a series of foreign currency contracts to sell Canadian dollars. At March 31, 2016 and December 31, 2015 , we had C$7.0 million and C$6.2 million in foreign currency contracts, respectively. The fair values of these instruments are determined from market quotes. The values of these derivatives will change over time as cash receipts and payments are made and as market conditions change. Gains (losses) on currency derivatives that were not designated as hedging instruments are recorded in other income (expense) as follows: Three months ended March 31, (dollars in thousands) 2016 2015 Derivative: Location: Currency contracts Other income (expense) $ (418 ) $ 74 Total $ (418 ) $ 74 We do not believe we are exposed to more than a nominal amount of credit risk in our natural gas hedges, interest rate swap and currency contracts as the counterparties are established financial institutions. The counterparties for the derivative agreements are rated BBB+ or better as of March 31, 2016 , by Standard and Poor’s.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Accumulated other comprehensive loss, net of tax, is as follows: Three months ended March 31, 2016 (dollars in thousands) Foreign Currency Translation Derivative Instruments Pension and Other Postretirement Benefits Accumulated Other Balance on December 31, 2015 $ (22,913 ) $ (1,860 ) $ (95,459 ) $ (120,232 ) Other comprehensive income (loss) 3,350 (3,835 ) — (485 ) Currency impact — — 103 103 Amounts reclassified from accumulated other comprehensive income (loss): Amortization of actuarial loss (1) — — 1,331 1,331 Amortization of prior service cost (1) — — 47 47 Cost of sales — 540 — 540 Interest expense — 391 — 391 Current-period other comprehensive income (loss) 3,350 (2,904 ) 1,481 1,927 Tax effect (145 ) 1,046 (492 ) 409 Balance on March 31, 2016 $ (19,708 ) $ (3,718 ) $ (94,470 ) $ (117,896 ) Three months ended March 31, 2015 (dollars in thousands) Foreign Currency Translation Derivative Instruments Pension and Other Postretirement Benefits Accumulated Other Balance on December 31, 2014 $ (9,162 ) $ (625 ) $ (128,660 ) $ (138,447 ) Other comprehensive income (loss) (10,490 ) (829 ) — (11,319 ) Currency impact — — 2,291 2,291 Amounts reclassified from accumulated other comprehensive income (loss): Amortization of actuarial loss (1) — — 2,488 2,488 Amortization of prior service cost (1) — — 75 75 Cost of sales — 607 — 607 Current-period other comprehensive income (loss) (10,490 ) (222 ) 4,854 (5,858 ) Tax effect — (20 ) (142 ) (162 ) Balance on March 31, 2015 $ (19,652 ) $ (867 ) $ (123,948 ) $ (144,467 ) ___________________________ (1) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost within the cost of sales and selling, general and administrative expenses on the Condensed Consolidated Statements of Operations.

Segments

Segments	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segments	Segments In the fourth quarter of 2015, we revised our reporting segments. Under the new structure, our U.S. and Canada glass tableware business is combined with our U.S. and Canada sourcing business in order to be consistent with the way we manage and report our other segments. Our reporting segments continue to align with our regionally focused organizational structure, which we believe enables us to better serve customers across the globe. We now report financial results for U.S. and Canada; Latin America; Europe, the Middle East and Africa (EMEA); and Other. Sales and segment EBIT continue to reflect end market reporting pursuant to which sales and related costs are included in segment EBIT based on the geographical destination of the sale. The revised 2015 segment results do not affect any previously reported consolidated financial results. Our three reportable segments are defined below. Our operating segment that does not meet the criteria to be a reportable segment is disclosed as Other. U.S. & Canada—includes worldwide sales of manufactured and sourced glass tableware and sourced ceramic dinnerware, metal tableware, hollowware and serveware having an end market destination in the U.S and Canada excluding glass products for Original Equipment Manufacturers (OEM), which remain in the Latin America segment. Latin America—includes primarily worldwide sales of manufactured and sourced glass tableware having an end market destination in Latin America including glass products for OEMs that have an end market destination outside of Latin America. EMEA—includes primarily worldwide sales of manufactured and sourced glass tableware having an end market destination in Europe, the Middle East and Africa. Other—includes primarily worldwide sales of manufactured and sourced glass tableware having an end market destination in Asia Pacific. Our measure of profit for our reportable segments is Segment Earnings before Interest and Taxes (Segment EBIT) and excludes amounts related to certain items we consider not representative of ongoing operations as well as certain retained corporate costs and other allocations that are not considered by management when evaluating performance. We use Segment EBIT, along with net sales and selected cash flow information, to evaluate performance and to allocate resources. Segment EBIT for reportable segments includes an allocation of some corporate expenses based on the costs of services performed. Certain activities not related to any particular reportable segment are reported within retained corporate costs. These costs include certain headquarter, administrative and facility costs, and other costs that are global in nature and are not allocable to the reporting segments. The accounting policies of the reportable segments are the same as those described in note 2. We do not have any customers who represent 10 percent or more of total sales. Inter-segment sales are consummated at arm’s length and are reflected at end market reporting below. Three months ended March 31, (dollars in thousands) 2016 2015 Net Sales: U.S. & Canada $ 113,101 $ 109,919 Latin America 34,220 39,852 EMEA 26,628 28,509 Other 8,858 9,085 Consolidated $ 182,807 $ 187,365 Segment EBIT: U.S. & Canada $ 13,312 $ 10,860 Latin America 4,340 7,088 EMEA (945 ) (766 ) Other 418 1,870 Total Segment EBIT $ 17,125 $ 19,052 Reconciliation of Segment EBIT to Net Income: Segment EBIT $ 17,125 $ 19,052 Retained corporate costs (6,724 ) (9,495 ) Derivatives (1) 370 (399 ) Executive terminations (4,947 ) (235 ) Interest expense (5,244 ) (4,523 ) (Provision) benefit for income taxes 138 (1,288 ) Net income $ 718 $ 3,112 Depreciation & Amortization: U.S. & Canada $ 3,456 $ 2,792 Latin America 4,542 3,285 EMEA 2,158 2,177 Other 1,428 1,491 Corporate 497 439 Consolidated $ 12,081 $ 10,184 Capital Expenditures: U.S. & Canada $ 3,839 $ 10,837 Latin America 2,296 3,681 EMEA 2,218 1,437 Other 695 183 Corporate 807 521 Consolidated $ 9,855 $ 16,659 ________________________ (1) Derivatives relate to hedge ineffectiveness on our natural gas contracts, as well as, mark-to-market adjustments on our natural gas contracts that have been de-designated and those for which we did not elect hedge accounting.

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value	Fair Value FASB ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. FASB ASC 820 establishes a fair value hierarchy that prioritizes the inputs used in measuring fair value into three broad levels as follows: • Level 1 — Quoted prices in active markets for identical assets or liabilities. • Level 2 — Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly. • Level 3 — Unobservable inputs based on our own assumptions. Fair Value at Fair Value at Asset / (Liability) (dollars in thousands) March 31, 2016 December 31, 2015 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Commodity futures natural gas contracts $ — $ (1,908 ) $ — $ (1,908 ) $ — $ (2,202 ) $ — $ (2,202 ) Currency contracts — (173 ) — (173 ) — 245 — 245 Interest rate swap — (5,206 ) — (5,206 ) — (2,378 ) — (2,378 ) Net derivative asset (liability) $ — $ (7,287 ) $ — $ (7,287 ) $ — $ (4,335 ) $ — $ (4,335 ) The fair values of our commodity futures natural gas contracts and currency contracts are determined using observable market inputs. The fair value of our interest rate swap is based on the market standard methodology of netting the discounted expected future variable cash receipts and the discounted future fixed cash payments. The variable cash receipts are based on an expectation of future interest rates derived from observed market interest rate forward curves. Since these inputs are observable in active markets over the terms that the instruments are held, the derivatives are classified as Level 2 in the hierarchy. We also evaluate Company and counterparty risk in determining fair values. The commodity futures natural gas contracts, interest rate swap and currency contracts are hedges of either recorded assets or liabilities or anticipated transactions. Changes in values of the underlying hedged assets and liabilities or anticipated transactions are not reflected in the above table. The total derivative position is recorded on the Condensed Consolidated Balance Sheets as follows: Asset / (Liability) (dollars in thousands) March 31, 2016 December 31, 2015 Prepaid and other current assets $ — $ 245 Derivative liability (4,346 ) (4,265 ) Other long-term liabilities (2,941 ) (315 ) Net derivative asset (liability) $ (7,287 ) $ (4,335 ) Financial instruments carried at cost on the Condensed Consolidated Balance Sheets, as well as the related fair values, are as follows: March 31, 2016 December 31, 2015 (dollars in thousands) Fair Value Hierarchy Level Carrying Amount Fair Value Carrying Amount Fair Value Term Loan B Level 2 $ 427,300 $ 423,027 $ 433,400 $ 425,815 The fair value of our Term Loan B has been calculated based on quoted market prices for the same or similar issues. The fair value of our other immaterial debt approximates carrying value at March 31, 2016 and December 31, 2015. The fair value of our cash and cash equivalents, accounts receivable and accounts payable approximate their carrying value due to their short term nature.

Other Income (Expense)

Other Income (Expense)	3 Months Ended
	Mar. 31, 2016
Other Income and Expenses [Abstract]
Other Income (Expense)	Other Income (Expense) Items included in other income (expense) in the Condensed Consolidated Statements of Operations are as follows: Three months ended March 31, (dollars in thousands) 2016 2015 Gain (loss) on currency transactions $ (730 ) $ 1,115 Hedge ineffectiveness 370 (399 ) Other non-operating income (expense) 345 111 Other income (expense) $ (15 ) $ 827

Contingencies

Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies Legal Proceedings From time to time, we are identified as a "potentially responsible party" (PRP) under the Comprehensive Environmental Response, Compensation and Liability Act of 1980 (CERCLA) and/or similar state laws that impose liability without regard to fault for costs and damages relating to the investigation and clean-up of contamination resulting from releases or threatened releases of hazardous substances. We are also subject to similar laws in some of the countries where our facilities are located. Our environmental, health and safety department monitors compliance with applicable laws on a global basis. On October 30, 2009, the United States Environmental Protection Agency ("U.S. EPA") designated Syracuse China Company ("Syracuse China"), our wholly-owned subsidiary, as one of eight PRPs with respect to the Lower Ley Creek sub-site of the Onondaga Lake Superfund site located near the ceramic dinnerware manufacturing facility that Syracuse China operated from 1995 to 2009 in Syracuse, New York. As a PRP, we may be required to pay a share of the costs of investigation and remediation of the Lower Ley Creek sub-site. U.S. EPA has completed its Remedial Investigation (RI), Feasibility Study (FS), Risk Assessment (RA) and Proposed Remedial Action Plan (PRAP). U.S. EPA issued its Record of Decision (RoD) on September 30, 2014. The RoD indicates that U.S. EPA's estimate of the undiscounted cost of remediation ranges between approximately $17.0 million (assuming local disposal of contaminated sediments is feasible) and approximately $24.8 million (assuming local disposal is not feasible). However, the RoD acknowledges that the final cost of the cleanup will depend upon the actual volume of contaminated material, the degree to which it is contaminated, and where the excavated soil and sediment is properly disposed. In connection with the General Motors Corporation bankruptcy, U.S. EPA recovered $22.0 million from Motors Liquidation Company (MLC), the successor to General Motors Corporation. If the cleanup costs do not exceed the amount recovered by U.S. EPA from MLC, Syracuse China may suffer no loss. If, and to the extent the cleanup costs exceed the amount recovered by U.S. EPA from MLC, it is not yet known whether other PRPs will be added to the current group of PRPs or how any excess costs may be allocated among the PRPs. On March 3, 2015, the EPA issued to the PRPs notices and requests to negotiate performance of the remedial design (RD) work. The notices contemplate that any agreement to perform the RD work would be memorialized in an Administrative Order on Consent (AOC). The EPA and PRPs currently are discussing entering into an AOC pursuant to which some or all of the PRPs would agree to perform the RD work. The EPA and PRPs anticipate that the RD work will produce additional information from which the feasibility of a local disposal option and the cleanup costs can be better determined. The EPA has declined to advance the GM Settlement Funds for the RD work, instead conditioning use of those funds to reimburse for the RD work upon the successful completion of the RD work and the finalization of an AOC to perform the remedial action work. To the extent that Syracuse China has a liability with respect to the Lower Ley Creek sub-site, including without limitation costs to fund the RD work, and to the extent the liability arose prior to our 1995 acquisition of the Syracuse China assets, the liability would be subject to the indemnification provisions contained in the Asset Purchase Agreement between the Company and The Pfaltzgraff Co. (now known as TPC-York, Inc. ("TPC York")) and certain of its subsidiaries. Accordingly, Syracuse China has notified TPC York of its claim for indemnification under the Asset Purchase Agreement. In connection with the above proceedings, an estimated environmental liability of $1.1 million has been recorded in other long term liabilities and a recoverable amount of $0.6 million has been recorded in other long term assets in the Condensed Consolidated Balance Sheets at both March 31, 2016 and December 31, 2015. Although we cannot predict the ultimate outcome of this proceeding, we believe that it will not have a material adverse impact on our financial condition, results of operations or liquidity.

Significant Accounting Polici21

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation [Policy Text Block]	Basis of Presentation The Condensed Consolidated Financial Statements include Libbey Inc. and its majority-owned subsidiaries (collectively, Libbey or the Company). Our fiscal year end is December 31 st . All material intercompany accounts and transactions have been eliminated. The preparation of financial statements and related disclosures in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Actual results could differ materially from management’s estimates.
Revenue Recognition and Cost of Sales [Policy Text Block]	Condensed Consolidated Statements of Operations Net sales in our Condensed Consolidated Statements of Operations include revenue earned when products are shipped and title and risk of loss have passed to the customer. Revenue is recorded net of returns, discounts and incentives offered to customers. Cost of sales includes cost to manufacture and/or purchase products, warehouse, shipping and delivery costs and other costs.
Foreign Currency Translation [Policy Text Block]	Foreign Currency Translation Assets and liabilities of non-U.S. subsidiaries that operate in a local currency environment, where that local currency is the functional currency, are translated to U.S. dollars at exchange rates in effect at the balance sheet date, with the resulting translation adjustments directly recorded to a separate component of accumulated other comprehensive loss. Income and expense accounts are translated at average exchange rates during the year. The effect of exchange rate changes on transactions denominated in currencies other than the functional currency is recorded in other income (expense).
Income Taxes [Policy Text Block]	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred income tax assets and liabilities are recognized for estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax attribute carry-forwards. Deferred income tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. Financial Accounting Standards Board Accounting Standards Codification™ (FASB ASC) Topic 740, “Income Taxes,” requires that a valuation allowance be recorded when it is more likely than not that some portion or all of the deferred income tax assets will not be realized. Deferred income tax assets and liabilities are determined separately for each tax paying component in which we conduct our operations or otherwise incur taxable income or losses. See note 5 for further discussion. We review the need for valuation allowances in all jurisdictions on a quarterly basis in order to assess the likelihood of the realization of our deferred tax assets. In assessing the need for recording or reversing a valuation allowance, we weigh all available positive and negative evidence. Examples of the evidence we consider are cumulative losses in recent years, losses expected in early future years, a history of potential tax benefits expiring unused, prudent and feasible tax planning strategies that could be implemented, and whether there were unusual, infrequent or extraordinary items to be considered. For interim tax reporting, we estimate our annual effective tax rate and apply it to our year-to-date ordinary income. Tax jurisdictions with a projected or year-to-date loss for which a tax benefit cannot be realized are excluded from the annualized effective tax rate. The tax effects of unusual or infrequently occurring items, including changes in judgment about valuation allowances and effects of changes in tax laws or rates, are reported in the interim period in which they occur.
Stock-Based Compensation [Policy Text Block]	Stock-Based Compensation Expense We account for stock-based compensation expense in accordance with FASB ASC Topic 718, “Compensation — Stock Compensation,” and FASB ASC Topic 505-50, “Equity — Equity-Based Payments to Non-Employees”. Stock-based compensation cost is measured based on the fair value of the equity instruments issued. FASB ASC Topics 718 and 505-50 apply to all of our outstanding unvested stock-based payment awards.
New Accounting Standards [Policy Text Block]	New Accounting Standards In May 2014, the FASB issued Accounting Standards Update No. 2014-09, "Revenue From Contracts With Customers" (ASU 2014-09), which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. ASU 2014-09 is based on the principle that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to fulfill a contract. Entities have the option of using either a full retrospective or a modified retrospective approach for the adoption of the new standard. This update is effective for interim and annual reporting periods beginning after December 15, 2016; early adoption is not permitted. In August 2015, the FASB issued ASU 2015-14 which defers the effective date one year from January 1, 2017 to January 1, 2018, but early adoption as of January 1, 2017 is permitted. In March of 2016 the FASB issued ASU 2016-08, "Revenue From Contracts With Customers: Principal vs. Agent Considerations" (ASU 2016-08). ASU 2016-08 provides more detailed guidance in determining principal or agent determination and when revenue should be recorded when a performance obligation is completed. We are currently assessing the impact that these standards will have on our Condensed Consolidated Financial Statements. In August 2014, the FASB issued Accounting Standards Update No. 2014-15, "Presentation of Financial Statements-Going Concern" (ASU 2014-15), which establishes management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern in connection with preparing financial statements for each annual and interim reporting period. ASU 2014-15 also provides guidance to determine whether to disclose information about relevant conditions and events when there is substantial doubt about an entity’s ability to continue as a going concern. This update is effective for the annual reporting period ending after December 15, 2016, and for interim and annual periods thereafter. Early application is permitted. We are currently evaluating the impact that this standard will have on our Condensed Consolidated Financial Statements. In May 2015, the FASB issued Accounting Standards Update 2015-07, "Disclosures for Investments in Certain Entities that Calculate Net Asset Value Per Share (or its Equivalent)" (ASU 2015-07), which removes the requirement to categorize within the fair value hierarchy investments for which fair values are estimated using the net asset value practical expedient provided by FASB ASC Topic 820, Fair Value Measurement. Disclosures about investments in certain entities that calculate net asset value per share are limited under ASU 2015-07 to those investments for which the entity has elected to estimate the fair value using the net asset value practical expedient. ASU 2015-07 is effective for entities for fiscal years beginning after December 15, 2015 and interim periods within, with retrospective application to all periods presented. Early application is permitted. Although there is no impact on our 2016 interim financial statements, we are currently assessing the impact that this standard will have on our Consolidated Financial Statements at December 31, 2016. In July 2015, the FASB issued Accounting Standards Update No. 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory" (ASU 2015-11), which requires that inventory be measured at the lower of its cost or the estimated sale price, minus the costs of completing the sale, which the FASB calls the net realizable value. This update is effective for interim and annual reporting periods beginning after December 15, 2016, with early adoption permitted. We are currently evaluating the impact that this standard will have on our Condensed Consolidated Financial Statements. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, "Leases (Topic 842)" (ASU 2016-02), which requires a lessee to recognize assets and liabilities for leases with lease terms of more than 12 months on the balance sheet. Leases will be classified as either finance or operating leases, with classification affecting the pattern of expense recognition in the income statement. The new guidance also clarifies the definition of a lease and disclosure requirements. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, with early application permitted. We are currently assessing the impact that this standard will have on our Condensed Consolidated Financial Statements. In March 2016, the FASB issued Accounting Standards Update No. 2016-09, "Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting" (ASU 2016-09). Areas for simplification in this update involve several aspects of 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. ASU 2016-09 is effective for interim and annual reporting periods beginning after December 15, 2016, with early application permitted. We are currently assessing the impact that this standard will have on our Condensed Consolidated Financial Statements.
Pension and Other Postretirement Plans, Pensions, Policy [Policy Text Block]	We have pension plans covering the majority of our employees. Benefits generally are based on compensation and service for salaried employees and job grade and length of service for hourly employees. In addition, we have an unfunded supplemental employee retirement plan (SERP) that covers certain salaried U.S.-based employees of Libbey hired before January 1, 2006. The U.S. pension plans cover the salaried U.S.-based employees of Libbey hired before January 1, 2006 and most hourly U.S.-based employees (excluding employees hired at Shreveport after 2008 and at Toledo after September 30, 2010). Effective January 1, 2013, we ceased annual company contribution credits to the cash balance accounts in our Libbey U.S. Salaried Pension Plan and SERP. The non-U.S. pension plans cover the employees of our wholly owned subsidiary in Mexico. The plan in Mexico is unfunded.
Pension and Other Postretirement Plans, Nonpension Benefits, Policy [Policy Text Block]	We provide certain retiree health care and life insurance benefits covering our U.S. and Canadian salaried employees hired before January 1, 2004 and a majority of our union hourly employees (excluding employees hired at Shreveport after 2008 and at Toledo after September 30, 2010). Employees are generally eligible for benefits upon retirement and completion of a specified number of years of creditable service. Benefits for most hourly retirees are determined by collective bargaining. The U.S. non-pension postretirement plans cover the hourly and salaried U.S.-based employees of Libbey (excluding those mentioned above). The non-U.S. non-pension postretirement plans cover the retirees and active employees of Libbey who are located in Canada. The postretirement benefit plans are unfunded.
Earnings Per Share [Policy Text Block]	When applicable, diluted shares outstanding includes the dilutive impact of restricted stock units. Diluted shares also include the impact of eligible employee stock options, which are calculated based on the average share price for each fiscal period using the treasury stock method. Under the treasury stock method, the tax-effected proceeds that hypothetically would be received from the exercise of all in-the-money options are assumed to be used to repurchase shares.
Derivatives [Policy Text Block]	Derivatives We utilize derivative financial instruments to hedge certain interest rate risks associated with our long-term debt, commodity price risks associated with forecasted future natural gas requirements and foreign exchange rate risks associated with transactions denominated in a currency other than the U.S. dollar. These derivatives, except for the foreign currency contracts and the natural gas contracts used in our Mexican manufacturing facilities, qualify for hedge accounting since the hedges are highly effective, and we have designated and documented contemporaneously the hedging relationships involving these derivative instruments. While we intend to continue to meet the conditions for hedge accounting, if hedges do not qualify as highly effective (as is the case for natural gas contracts used in our Mexico manufacturing facility) or if we do not believe that forecasted transactions would occur, the changes in the fair value of the derivatives used as hedges would be reflected in our earnings. All of these contracts are accounted for under FASB ASC 815 “Derivatives and Hedging.”
Segment Reporting [Policy Text Block]	Segments In the fourth quarter of 2015, we revised our reporting segments. Under the new structure, our U.S. and Canada glass tableware business is combined with our U.S. and Canada sourcing business in order to be consistent with the way we manage and report our other segments. Our reporting segments continue to align with our regionally focused organizational structure, which we believe enables us to better serve customers across the globe. We now report financial results for U.S. and Canada; Latin America; Europe, the Middle East and Africa (EMEA); and Other. Sales and segment EBIT continue to reflect end market reporting pursuant to which sales and related costs are included in segment EBIT based on the geographical destination of the sale. The revised 2015 segment results do not affect any previously reported consolidated financial results. Our three reportable segments are defined below. Our operating segment that does not meet the criteria to be a reportable segment is disclosed as Other. U.S. & Canada—includes worldwide sales of manufactured and sourced glass tableware and sourced ceramic dinnerware, metal tableware, hollowware and serveware having an end market destination in the U.S and Canada excluding glass products for Original Equipment Manufacturers (OEM), which remain in the Latin America segment. Latin America—includes primarily worldwide sales of manufactured and sourced glass tableware having an end market destination in Latin America including glass products for OEMs that have an end market destination outside of Latin America. EMEA—includes primarily worldwide sales of manufactured and sourced glass tableware having an end market destination in Europe, the Middle East and Africa. Other—includes primarily worldwide sales of manufactured and sourced glass tableware having an end market destination in Asia Pacific. Our measure of profit for our reportable segments is Segment Earnings before Interest and Taxes (Segment EBIT) and excludes amounts related to certain items we consider not representative of ongoing operations as well as certain retained corporate costs and other allocations that are not considered by management when evaluating performance. We use Segment EBIT, along with net sales and selected cash flow information, to evaluate performance and to allocate resources. Segment EBIT for reportable segments includes an allocation of some corporate expenses based on the costs of services performed. Certain activities not related to any particular reportable segment are reported within retained corporate costs. These costs include certain headquarter, administrative and facility costs, and other costs that are global in nature and are not allocable to the reporting segments. The accounting policies of the reportable segments are the same as those described in note 2. We do not have any customers who represent 10 percent or more of total sales. Inter-segment sales are consummated at arm’s length and are reflected at end market reporting below.
Fair Value [Policy Text Block]	The fair values of our commodity futures natural gas contracts and currency contracts are determined using observable market inputs. The fair value of our interest rate swap is based on the market standard methodology of netting the discounted expected future variable cash receipts and the discounted future fixed cash payments. The variable cash receipts are based on an expectation of future interest rates derived from observed market interest rate forward curves. Since these inputs are observable in active markets over the terms that the instruments are held, the derivatives are classified as Level 2 in the hierarchy. We also evaluate Company and counterparty risk in determining fair values. The commodity futures natural gas contracts, interest rate swap and currency contracts are hedges of either recorded assets or liabilities or anticipated transactions.

Significant Accounting Polici22

Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	Stock-based compensation expense charged to the Condensed Consolidated Statements of Operations is as follows: Three months ended March 31, (dollars in thousands) 2016 2015 Stock-based compensation expense $ 1,816 $ 2,129

Balance Sheet Details (Tables)

Balance Sheet Details (Tables)	3 Months Ended
	Mar. 31, 2016
Balance Sheet Details [Abstract]
Schedule of Other Assets and Other Liabilities [Table Text Block]	The following table provides detail of selected balance sheet items: (dollars in thousands) March 31, 2016 December 31, 2015 Accounts receivable: Trade receivables $ 84,203 $ 91,324 Other receivables 3,698 3,055 Total accounts receivable, less allowances of $6,063 and $7,066 $ 87,901 $ 94,379 Inventories: Finished goods $ 173,597 $ 159,998 Work in process 1,619 1,183 Raw materials 4,497 4,944 Repair parts 11,057 10,763 Operating supplies 1,180 1,139 Total inventories, less loss provisions of $5,533 and $5,313 $ 191,950 $ 178,027 Accrued liabilities: Accrued incentives $ 20,865 $ 21,450 Other accrued liabilities 21,680 23,729 Total accrued liabilities $ 42,545 $ 45,179

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	Borrowings consist of the following: (dollars in thousands) Interest Rate Maturity Date March 31, December 31, Borrowings under ABL Facility floating April 9, 2019 $ — $ — Term Loan B floating (1) April 9, 2021 427,300 433,400 AICEP Loan 0.00% July, 2016 to July 30, 2018 3,413 3,451 Total borrowings 430,713 436,851 Less — unamortized discount and finance fees 5,483 5,832 Total borrowings — net 425,230 431,019 Less — long term debt due within one year 4,761 4,747 Total long-term portion of borrowings — net $ 420,469 $ 426,272 ________________________ (1) - See interest rate swap in note 8. The interest rate was 3.75 percent at March 31, 2016.

Pension and Non-pension Postr25

Pension and Non-pension Postretirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2016
Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of Net Benefit Costs [Table Text Block]	The components of our net pension expense, including the SERP, are as follows: Three months ended March 31, U.S. Plans Non-U.S. Plans Total (dollars in thousands) 2016 2015 2016 2015 2016 2015 Service cost $ 996 $ 1,161 $ 317 $ 748 $ 1,313 $ 1,909 Interest cost 3,777 3,709 672 1,103 4,449 4,812 Expected return on plan assets (5,755 ) (5,662 ) — (598 ) (5,755 ) (6,260 ) Amortization of unrecognized: Prior service cost 66 104 (54 ) (64 ) 12 40 Actuarial loss 1,120 1,886 202 406 1,322 2,292 Pension expense $ 204 $ 1,198 $ 1,137 $ 1,595 $ 1,341 $ 2,793
Non-Pension Postretirement Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of Net Benefit Costs [Table Text Block]	The provision for our non-pension postretirement benefit expense consists of the following: Three months ended March 31, U.S. Plans Non-U.S. Plans Total (dollars in thousands) 2016 2015 2016 2015 2016 2015 Service cost $ 199 $ 282 $ — $ — $ 199 $ 282 Interest cost 652 660 12 19 664 679 Amortization of unrecognized: Prior service cost 35 35 — — 35 35 Actuarial loss / (gain) 20 196 (11 ) — 9 196 Non-pension postretirement benefit expense $ 906 $ 1,173 $ 1 $ 19 $ 907 $ 1,192

Net Income (Loss) per Share o26

Net Income (Loss) per Share of Common Stock (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table sets forth the computation of basic and diluted earnings per share: Three months ended March 31, (dollars in thousands, except earnings per share) 2016 2015 Numerators for earnings per share: Net income that is available to common shareholders $ 718 $ 3,112 Denominator for basic earnings per share: Weighted average shares outstanding 21,850,171 21,853,455 Denominator for diluted earnings per share: Effect of stock options and restricted stock units 150,847 495,159 Adjusted weighted average shares and assumed conversions 22,001,018 22,348,614 Basic earnings per share $ 0.03 $ 0.14 Diluted earnings per share $ 0.03 $ 0.14 Shares excluded from diluted earnings per share due to: Inclusion would have been anti-dilutive (excluded from calculation) 616,642 89,006

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Schedule of Derivative Assets and Liabilities at Fair Value	The following table provides the fair values of our derivative financial instruments for the periods presented: Asset Derivatives: (dollars in thousands) March 31, 2016 December 31, 2015 Derivatives not designated as hedging instruments under FASB ASC 815: Balance Sheet Location Fair Value Balance Sheet Location Fair Value Currency contracts Prepaid and other current assets $ — Prepaid and other current assets $ 245 Total undesignated — 245 Total $ — $ 245 Liability Derivatives: (dollars in thousands) March 31, 2016 December 31, 2015 Derivatives designated as hedging instruments under FASB ASC 815: Balance Sheet Location Fair Value Balance Sheet Location Fair Value Natural gas contracts Derivative liability - current $ 1,129 Derivative liability - current $ 1,069 Natural gas contracts Other long-term liabilities 50 Other long-term liabilities 34 Interest rate contract Derivative liability - current 2,322 Derivative liability - current 2,132 Interest rate contract Other long-term liabilities 2,884 Other long-term liabilities 246 Total designated 6,385 3,481 Derivatives not designated as hedging instruments under FASB ASC 815: Currency contracts Derivative liability - current 173 Derivative liability - current — Natural gas contracts Derivative liability - current 722 Derivative liability - current 1,064 Natural gas contracts Other long-term liabilities 7 Other long-term liabilities 35 Total undesignated 902 1,099 Total $ 7,287 $ 4,580
Summary of the Effective Portion of Derivative Gain (Loss) Recognized in Other Comprehensive Income (Loss)	The following table provides a summary of the effective portion of derivative gain (loss) recognized in other comprehensive income (loss) from our interest rate swap: Three months ended March 31, (dollars in thousands) 2016 2015 Derivatives in Cash Flow Hedging relationships: Interest rate swap $ (3,219 ) $ — Total $ (3,219 ) $ — The following table provides a summary of the effective portion of derivative gain (loss) recognized in other comprehensive income (loss) from our natural gas contracts: Three months ended March 31, (dollars in thousands) 2016 2015 Derivatives in Cash Flow Hedging relationships: Natural gas contracts $ (616 ) $ (829 ) Total $ (616 ) $ (829 )
Reclassification out of Accumulated Other Comprehensive Income	The following table provides a summary of the effective portion of derivative gain (loss) reclassified from accumulated other comprehensive loss to the Condensed Consolidated Statements of Operations from our natural gas contracts: Three months ended March 31, (dollars in thousands) 2016 2015 Derivative: Location: Natural gas contracts Cost of sales $ (540 ) $ (536 ) Total impact on net income (loss) $ (540 ) $ (536 ) The following table provides a summary of the effective portion of derivative gain (loss) reclassified from accumulated other comprehensive income (loss) to the Condensed Consolidated Statements of Operations from our interest rate swap: Three months ended March 31, (dollars in thousands) 2016 2015 Derivative: Location: Interest rate swap Interest expense $ (391 ) $ — Total impact on net income (loss) $ (391 ) $ —
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location	Gains (losses) on currency derivatives that were not designated as hedging instruments are recorded in other income (expense) as follows: Three months ended March 31, (dollars in thousands) 2016 2015 Derivative: Location: Currency contracts Other income (expense) $ (418 ) $ 74 Total $ (418 ) $ 74
Natural Gas Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	The following table provides a summary of the gain (loss) recognized in other income (expense) in the Condensed Consolidated Statements of Operations from our natural gas contracts: Three months ended March 31, (dollars in thousands) 2016 2015 De-designated contracts $ — $ (104 ) Contracts where hedge accounting was not elected 370 (295 ) Total $ 370 $ (399 )

Accumulated Other Comprehensi28

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Accumulated other comprehensive loss, net of tax, is as follows: Three months ended March 31, 2016 (dollars in thousands) Foreign Currency Translation Derivative Instruments Pension and Other Postretirement Benefits Accumulated Other Balance on December 31, 2015 $ (22,913 ) $ (1,860 ) $ (95,459 ) $ (120,232 ) Other comprehensive income (loss) 3,350 (3,835 ) — (485 ) Currency impact — — 103 103 Amounts reclassified from accumulated other comprehensive income (loss): Amortization of actuarial loss (1) — — 1,331 1,331 Amortization of prior service cost (1) — — 47 47 Cost of sales — 540 — 540 Interest expense — 391 — 391 Current-period other comprehensive income (loss) 3,350 (2,904 ) 1,481 1,927 Tax effect (145 ) 1,046 (492 ) 409 Balance on March 31, 2016 $ (19,708 ) $ (3,718 ) $ (94,470 ) $ (117,896 ) Three months ended March 31, 2015 (dollars in thousands) Foreign Currency Translation Derivative Instruments Pension and Other Postretirement Benefits Accumulated Other Balance on December 31, 2014 $ (9,162 ) $ (625 ) $ (128,660 ) $ (138,447 ) Other comprehensive income (loss) (10,490 ) (829 ) — (11,319 ) Currency impact — — 2,291 2,291 Amounts reclassified from accumulated other comprehensive income (loss): Amortization of actuarial loss (1) — — 2,488 2,488 Amortization of prior service cost (1) — — 75 75 Cost of sales — 607 — 607 Current-period other comprehensive income (loss) (10,490 ) (222 ) 4,854 (5,858 ) Tax effect — (20 ) (142 ) (162 ) Balance on March 31, 2015 $ (19,652 ) $ (867 ) $ (123,948 ) $ (144,467 ) ___________________________ (1) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost within the cost of sales and selling, general and administrative expenses on the Condensed Consolidated Statements of Operations.

Segments (Tables)

Segments (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Reconciliation from Segment Totals to Consolidated [Table Text Block]	Three months ended March 31, (dollars in thousands) 2016 2015 Net Sales: U.S. & Canada $ 113,101 $ 109,919 Latin America 34,220 39,852 EMEA 26,628 28,509 Other 8,858 9,085 Consolidated $ 182,807 $ 187,365 Segment EBIT: U.S. & Canada $ 13,312 $ 10,860 Latin America 4,340 7,088 EMEA (945 ) (766 ) Other 418 1,870 Total Segment EBIT $ 17,125 $ 19,052 Reconciliation of Segment EBIT to Net Income: Segment EBIT $ 17,125 $ 19,052 Retained corporate costs (6,724 ) (9,495 ) Derivatives (1) 370 (399 ) Executive terminations (4,947 ) (235 ) Interest expense (5,244 ) (4,523 ) (Provision) benefit for income taxes 138 (1,288 ) Net income $ 718 $ 3,112 Depreciation & Amortization: U.S. & Canada $ 3,456 $ 2,792 Latin America 4,542 3,285 EMEA 2,158 2,177 Other 1,428 1,491 Corporate 497 439 Consolidated $ 12,081 $ 10,184 Capital Expenditures: U.S. & Canada $ 3,839 $ 10,837 Latin America 2,296 3,681 EMEA 2,218 1,437 Other 695 183 Corporate 807 521 Consolidated $ 9,855 $ 16,659 ________________________ (1) Derivatives relate to hedge ineffectiveness on our natural gas contracts, as well as, mark-to-market adjustments on our natural gas contracts that have been de-designated and those for which we did not elect hedge accounting.

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair Value at Fair Value at Asset / (Liability) (dollars in thousands) March 31, 2016 December 31, 2015 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Commodity futures natural gas contracts $ — $ (1,908 ) $ — $ (1,908 ) $ — $ (2,202 ) $ — $ (2,202 ) Currency contracts — (173 ) — (173 ) — 245 — 245 Interest rate swap — (5,206 ) — (5,206 ) — (2,378 ) — (2,378 ) Net derivative asset (liability) $ — $ (7,287 ) $ — $ (7,287 ) $ — $ (4,335 ) $ — $ (4,335 )
Fair Value, by Balance Sheet Grouping [Table Text Block]	The total derivative position is recorded on the Condensed Consolidated Balance Sheets as follows: Asset / (Liability) (dollars in thousands) March 31, 2016 December 31, 2015 Prepaid and other current assets $ — $ 245 Derivative liability (4,346 ) (4,265 ) Other long-term liabilities (2,941 ) (315 ) Net derivative asset (liability) $ (7,287 ) $ (4,335 )
Fair Value Disclosures, Carrying Value and Estimated Fair Value of Debt Instruments [Table Text Block]	Financial instruments carried at cost on the Condensed Consolidated Balance Sheets, as well as the related fair values, are as follows: March 31, 2016 December 31, 2015 (dollars in thousands) Fair Value Hierarchy Level Carrying Amount Fair Value Carrying Amount Fair Value Term Loan B Level 2 $ 427,300 $ 423,027 $ 433,400 $ 425,815

Other Income (Expense) (Tables)

Other Income (Expense) (Tables)	3 Months Ended
	Mar. 31, 2016
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense) [Table Text Block]	Items included in other income (expense) in the Condensed Consolidated Statements of Operations are as follows: Three months ended March 31, (dollars in thousands) 2016 2015 Gain (loss) on currency transactions $ (730 ) $ 1,115 Hedge ineffectiveness 370 (399 ) Other non-operating income (expense) 345 111 Other income (expense) $ (15 ) $ 827

Description of the Business (De

Description of the Business (Details)	Mar. 31, 2016plantcountry
Production Operations [Member]
Description of Business [Line Items]
Number of countries in which entity operates	5
Sales Operations [Member] | Minimum [Member]
Description of Business [Line Items]
Number of countries in which entity operates	100
United States
Description of Business [Line Items]
Number of glass tableware manufacturing plants | plant	2

Significant Accounting Polici33

Significant Accounting Policies (Stock-based Compensation) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Accounting Policies [Abstract]
Stock-based compensation expense	$ 1,816	$ 2,129

Balance Sheet Details (Details)

Balance Sheet Details (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accounts receivable:
Accounts receivable	$ 87,901	$ 94,379
Allowance for doubtful accounts	6,063	7,066
Inventories:
Finished goods	173,597	159,998
Work in process	1,619	1,183
Raw materials	4,497	4,944
Repair parts	11,057	10,763
Operating supplies	1,180	1,139
Total inventories, less loss provisions of $5,533 and $5,313	191,950	178,027
Inventory loss provisions	5,533	5,313
Accrued liabilities:
Accrued incentives	20,865	21,450
Other accrued liabilities	21,680	23,729
Total accrued liabilities	42,545	45,179
Trade receivables
Accounts receivable:
Accounts receivable	84,203	91,324
Other receivables
Accounts receivable:
Accounts receivable	$ 3,698	$ 3,055

Borrowings (Debt Schedule) (Det

Borrowings (Debt Schedule) (Details) - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total borrowings		$ 430,713	$ 436,851
Less - unamortized discount and finance fees		5,483	5,832
Total borrowings -- net		425,230	431,019
Less -- long term debt due within one year		4,761	4,747
Total long-term portion of borrowings -- net		420,469	426,272
Subsidiaries, Libbey Glass and Libbey Europe [Member] | ABL Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Total borrowings		0	0
Subsidiary, Libbey Glass [Member] | Senior Loans [Member]
Debt Instrument [Line Items]
Total borrowings	[1]	$ 427,300	433,400
Interest rate		3.75%
Subsidiary, Libbey Portugal [Member] | AICEP Loan [Member] | Loans Payable [Member]
Debt Instrument [Line Items]
Total borrowings		$ 3,413	$ 3,451
Interest rate		0.00%
[1]	See interest rate swap in note 8. The interest rate was 3.75 percent at March 31, 2016.

Borrowings (ABL Credit Agreemen

Borrowings (ABL Credit Agreement Narrative) (Details) - Subsidiaries, Libbey Glass and Libbey Europe [Member] - ABL Facility [Member] - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Line of Credit [Member]
Debt Instrument [Line Items]
Borrowing base, amount of rent reserves offset	$ 0.4
Borrowing base, amount of natural gas reserves offset	1.6
Line of credit facility, maximum borrowing capacity	100
Line of credit facility, remaining borrowing capacity	91.4	$ 91
Letter of Credit [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	30
Line of credit facility, amount outstanding	$ 6.6

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Effective income tax rate, continuing operations	(23.80%)	29.30%
Netherlands
Valuation Allowance [Line Items]
Deferred Tax Assets, Valuation Allowance	$ 11.9

Pension and Non-pension Postr38

Pension and Non-pension Postretirement Benefits (Net Benefit Costs) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 1,313	$ 1,909
Interest cost	4,449	4,812
Expected return on plan assets	(5,755)	(6,260)
Amortization of unrecognized:
Prior service cost	12	40
Actuarial loss / (gain)	1,322	2,292
Pension expense or non-pension postretirement benefit expense	1,341	2,793
Defined Benefit Plan, Contributions [Abstract]
Employer contributions made to defined benefit plans	1,500
Estimated employer contributions to defined benefit plans in remainder of 2016	1,000
U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	996	1,161
Interest cost	3,777	3,709
Expected return on plan assets	(5,755)	(5,662)
Amortization of unrecognized:
Prior service cost	66	104
Actuarial loss / (gain)	1,120	1,886
Pension expense or non-pension postretirement benefit expense	204	1,198
Non-U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	317	748
Interest cost	672	1,103
Expected return on plan assets	0	(598)
Amortization of unrecognized:
Prior service cost	(54)	(64)
Actuarial loss / (gain)	202	406
Pension expense or non-pension postretirement benefit expense	1,137	1,595
Non-Pension Postretirement Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	199	282
Interest cost	664	679
Amortization of unrecognized:
Prior service cost	35	35
Actuarial loss / (gain)	9	196
Pension expense or non-pension postretirement benefit expense	907	1,192
Defined Benefit Plan, Contributions [Abstract]
Employer contributions made to defined benefit plans	800
Estimated employer contributions to defined benefit plans in year 2016	5,000
U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	199	282
Interest cost	652	660
Amortization of unrecognized:
Prior service cost	35	35
Actuarial loss / (gain)	20	196
Pension expense or non-pension postretirement benefit expense	906	1,173
Non-U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0
Interest cost	12	19
Amortization of unrecognized:
Prior service cost	0	0
Actuarial loss / (gain)	(11)	0
Pension expense or non-pension postretirement benefit expense	$ 1	$ 19

Net Income (Loss) per Share o39

Net Income (Loss) per Share of Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Numerators for earnings per share:
Net income that is available to common shareholders	$ 718	$ 3,112
Denominator for basic earnings per share:
Weighted average shares outstanding	21,850,171	21,853,455
Denominator for diluted earnings per share:
Effect of stock options and restricted stock units	150,847	495,159
Adjusted weighted average shares and assumed conversions	22,001,018	22,348,614
Basic earnings per share	$ 0.03	$ 0.14
Diluted earnings per share	$ 0.03	$ 0.14
Inclusion would have been anti-dilutive (excluded from calculation)
Shares excluded from diluted earnings per share due to:
Antidilutive securities excluded from diluted earnings per share	616,642	89,006

Derivatives (Fair Value of Deri

Derivatives (Fair Value of Derivative Assets and Liabilities) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Fair value, derivative asset	$ 0	$ 245
Fair value, derivative liability	7,287	4,580
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Fair value, derivative liability	6,385	3,481
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Fair value, derivative asset	0	245
Fair value, derivative liability	902	1,099
Currency contracts [Member] | Not Designated as Hedging Instrument [Member] | Prepaid and other current assets [Member]
Derivatives, Fair Value [Line Items]
Fair value, derivative asset	0	245
Currency contracts [Member] | Not Designated as Hedging Instrument [Member] | Derivative Liability, Current [Member]
Derivatives, Fair Value [Line Items]
Fair value, derivative liability	173	0
Natural Gas Contracts | Designated as Hedging Instrument [Member] | Derivative Liability, Current [Member]
Derivatives, Fair Value [Line Items]
Fair value, derivative liability	1,129	1,069
Natural Gas Contracts | Designated as Hedging Instrument [Member] | Other Long-Term Liabilities [Member]
Derivatives, Fair Value [Line Items]
Fair value, derivative liability	50	34
Natural Gas Contracts | Not Designated as Hedging Instrument [Member] | Derivative Liability, Current [Member]
Derivatives, Fair Value [Line Items]
Fair value, derivative liability	722	1,064
Natural Gas Contracts | Not Designated as Hedging Instrument [Member] | Other Long-Term Liabilities [Member]
Derivatives, Fair Value [Line Items]
Fair value, derivative liability	7	35
Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Derivative Liability, Current [Member]
Derivatives, Fair Value [Line Items]
Fair value, derivative liability	2,322	2,132
Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Other Long-Term Liabilities [Member]
Derivatives, Fair Value [Line Items]
Fair value, derivative liability	$ 2,884	$ 246

Derivatives (Narrative - Commod

Derivatives (Narrative - Commodity Future Contracts) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)MMBTU	Mar. 31, 2015USD ($)	Dec. 31, 2015MMBTU
Derivative [Line Items]
Contracts where hedge accounting was not elected	$ (418)	$ 74
Cash Flow Hedging [Member] | Natural Gas Contracts
Derivative [Line Items]
Forecast of commodity requirements, maximum length of time used	18 months
Natural gas contracts, notional amounts (in millions of BTUs) | MMBTU	2,220,000		3,000,000
Derivative, Additional Cash Paid on Settlement of Hedge	$ 1,200	1,200
Cash flow hedge loss to be reclassified within 12 months	$ 1,100
Minimum [Member] | Cash Flow Hedging [Member] | Natural Gas Contracts
Derivative [Line Items]
Forecast of anticipated requirements, percentage of forecast eligible for hedging	40.00%
Maximum [Member] | Cash Flow Hedging [Member] | Natural Gas Contracts
Derivative [Line Items]
Forecast of anticipated requirements, percentage of forecast eligible for hedging	70.00%
Other Income (Expense) [Member] | Cash Flow Hedging [Member] | Natural Gas Contracts
Derivative [Line Items]
Contracts where hedge accounting was not elected	$ 370	$ (295)

Derivatives (Effective Portion

Derivatives (Effective Portion of Derivative Gain Loss) (Details) - Designated as Hedging Instrument [Member] - Cash Flow Hedging [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Effective portion of derivative gain (loss) recognized in other comprehensive income (loss)	$ (616)	$ (829)
Effective portion of derivative gain (loss) reclassified from accumulated other comprehensive loss into income	(540)	(536)
Natural Gas Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Effective portion of derivative gain (loss) recognized in other comprehensive income (loss)	(616)	(829)
Natural Gas Contracts | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Effective portion of derivative gain (loss) reclassified from accumulated other comprehensive loss into income	$ (540)	$ (536)

Derivatives (Natural Gas Gain L

Derivatives (Natural Gas Gain Loss Included in Other Income and Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Derivative [Line Items]
Contracts where hedge accounting was not elected	$ (418)	$ 74
Other Income (Expense) [Member]
Derivative [Line Items]
Gain (loss) on derivative, net	370	(399)
Natural Gas Contracts | Other Income (Expense) [Member] | Cash Flow Hedging [Member]
Derivative [Line Items]
Contracts where hedge accounting was not elected	370	(295)
Natural Gas Contracts | De-designated contracts [Member] | Other Income (Expense) [Member] | Cash Flow Hedging [Member]
Derivative [Line Items]
Gain (loss) on derivative, net	$ 0	$ (104)

Derivatives (Interest Rate Swap

Derivatives (Interest Rate Swap) (Details) - Interest Rate Swap - Fixed [Member] - Cash Flow Hedging [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Apr. 01, 2015
Derivative [Line Items]
Effective portion of derivative gain (loss) recognized in other comprehensive income (loss)	$ (3,219)	$ 0
Interest Expense [Member]
Derivative [Line Items]
Cash flow hedge loss to be reclassified within 12 months	(2,300)
Effective portion of derivative gain (loss) reclassified from accumulated other comprehensive loss into income	$ (391)	$ 0
Senior Loans [Member]
Derivative [Line Items]
Derivative, Notional Amount			$ 220,000
Derivative, Fixed Interest Rate			4.85%

Derivatives (Currency Contracts

Derivatives (Currency Contracts) (Details) $ in Thousands, CAD in Millions	3 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Mar. 31, 2016CAD	Dec. 31, 2015CAD
Derivative [Line Items]
Gain (loss) on derivatives not designated as hedging instruments	$ (418)	$ 74
Other Income (Expense) [Member] | Currency contracts [Member]
Derivative [Line Items]
Gain (loss) on derivatives not designated as hedging instruments	$ (418)	$ 74
Not Designated as Hedging Instrument [Member] | Currency contracts [Member]
Derivative [Line Items]
Derivative, Notional Amount | CAD			CAD 7	CAD 6.2

Accumulated Other Comprehensi46

Accumulated Other Comprehensive Income (Loss) (Schedule of AOCI) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Change in Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance		$ (120,232)	$ (138,447)
Other comprehensive income (loss)		(485)	(11,319)
Currency impact		103	2,291
Amounts reclassified from accumulated other comprehensive income (loss):
Amortization of actuarial loss (1)	[1]	1,331	2,488
Amortization of prior service cost (1)	[1]	47	75
Cost of sales		540	607
Interest expense		391
Current-period other comprehensive income (loss)		1,927	(5,858)
Tax effect		409	(162)
Ending balance		(117,896)	(144,467)
Foreign Currency Translation [Member]
Change in Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance		(22,913)	(9,162)
Other comprehensive income (loss)		3,350	(10,490)
Amounts reclassified from accumulated other comprehensive income (loss):
Current-period other comprehensive income (loss)		3,350	(10,490)
Tax effect		(145)	0
Ending balance		(19,708)	(19,652)
Derivative Instruments [Member]
Change in Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance		(1,860)	(625)
Other comprehensive income (loss)		(3,835)	(829)
Amounts reclassified from accumulated other comprehensive income (loss):
Cost of sales		540	607
Interest expense		391
Current-period other comprehensive income (loss)		(2,904)	(222)
Tax effect		1,046	(20)
Ending balance		(3,718)	(867)
Pension and Other Postretirement Benefits [Member]
Change in Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance		(95,459)	(128,660)
Other comprehensive income (loss)		0	0
Currency impact		103	2,291
Amounts reclassified from accumulated other comprehensive income (loss):
Amortization of actuarial loss (1)	[1]	1,331	2,488
Amortization of prior service cost (1)	[1]	47	75
Current-period other comprehensive income (loss)		1,481	4,854
Tax effect		(492)	(142)
Ending balance		$ (94,470)	$ (123,948)
[1]	These accumulated other comprehensive income components are included in the computation of net periodic benefit cost within the cost of sales and selling, general and administrative expenses on the Condensed Consolidated Statements of Operations.

Segments (Details)

Segments (Details) $ in Thousands		3 Months Ended
		Mar. 31, 2016USD ($)segment	Mar. 31, 2015USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment		3
Net Sales:
Net sales		$ 182,807	$ 187,365
Segment EBIT:
Segment EBIT		17,125	19,052
Reconciliation of Segment EBIT to Net Income:
Retained corporate costs		(6,724)	(9,495)
Derivatives (1)	[1]	370	(399)
Executive terminations		(4,947)	(235)
Interest expense		(5,244)	(4,523)
(Provision) benefit for income taxes		138	(1,288)
Net income		718	3,112
Depreciation & Amortization:
Depreciation and amortization		12,081	10,184
Capital Expenditures:
Capital Expenditures		9,855	16,659
United States & Canada
Net Sales:
Net sales		113,101	109,919
Segment EBIT:
Segment EBIT		13,312	10,860
Depreciation & Amortization:
Depreciation and amortization		3,456	2,792
Capital Expenditures:
Capital Expenditures		3,839	10,837
Latin America
Net Sales:
Net sales		34,220	39,852
Segment EBIT:
Segment EBIT		4,340	7,088
Depreciation & Amortization:
Depreciation and amortization		4,542	3,285
Capital Expenditures:
Capital Expenditures		2,296	3,681
EMEA
Net Sales:
Net sales		26,628	28,509
Segment EBIT:
Segment EBIT		(945)	(766)
Depreciation & Amortization:
Depreciation and amortization		2,158	2,177
Capital Expenditures:
Capital Expenditures		2,218	1,437
Other Segments
Net Sales:
Net sales		8,858	9,085
Segment EBIT:
Segment EBIT		418	1,870
Depreciation & Amortization:
Depreciation and amortization		1,428	1,491
Capital Expenditures:
Capital Expenditures		695	183
Corporate
Depreciation & Amortization:
Depreciation and amortization		497	439
Capital Expenditures:
Capital Expenditures		$ 807	$ 521
[1]	Derivatives relate to hedge ineffectiveness on our natural gas contracts, as well as, mark-to-market adjustments on our natural gas contracts that have been de-designated and those for which we did not elect hedge accounting.

Fair Value (Details)

Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value of Financial Instruments
Net derivative asset (liability)	$ (7,287)	$ (4,335)
Fair Value, Measurements, Recurring [Member] | Level 1
Fair Value of Financial Instruments
Net derivative asset (liability)	0	0
Fair Value, Measurements, Recurring [Member] | Level 2
Fair Value of Financial Instruments
Net derivative asset (liability)	(7,287)	(4,335)
Fair Value, Measurements, Recurring [Member] | Level 3
Fair Value of Financial Instruments
Net derivative asset (liability)	0	0
Commodity futures natural gas contracts | Fair Value, Measurements, Recurring [Member] | Level 1
Fair Value of Financial Instruments
Net derivative asset (liability)	0	0
Commodity futures natural gas contracts | Fair Value, Measurements, Recurring [Member] | Level 2
Fair Value of Financial Instruments
Net derivative asset (liability)	(1,908)	(2,202)
Commodity futures natural gas contracts | Fair Value, Measurements, Recurring [Member] | Level 3
Fair Value of Financial Instruments
Net derivative asset (liability)	0	0
Currency contracts | Fair Value, Measurements, Recurring [Member] | Level 1
Fair Value of Financial Instruments
Net derivative asset (liability)	0	0
Currency contracts | Fair Value, Measurements, Recurring [Member] | Level 2
Fair Value of Financial Instruments
Net derivative asset (liability)	(173)	245
Currency contracts | Fair Value, Measurements, Recurring [Member] | Level 3
Fair Value of Financial Instruments
Net derivative asset (liability)	0	0
Interest Rate Swap | Fair Value, Measurements, Recurring [Member] | Level 1
Fair Value of Financial Instruments
Net derivative asset (liability)	0	0
Interest Rate Swap | Fair Value, Measurements, Recurring [Member] | Level 2
Fair Value of Financial Instruments
Net derivative asset (liability)	(5,206)	(2,378)
Interest Rate Swap | Fair Value, Measurements, Recurring [Member] | Level 3
Fair Value of Financial Instruments
Net derivative asset (liability)	0	0
Total | Fair Value, Measurements, Recurring [Member]
Fair Value of Financial Instruments
Net derivative asset (liability)	(7,287)	(4,335)
Total | Commodity futures natural gas contracts | Fair Value, Measurements, Recurring [Member]
Fair Value of Financial Instruments
Net derivative asset (liability)	(1,908)	(2,202)
Total | Currency contracts | Fair Value, Measurements, Recurring [Member]
Fair Value of Financial Instruments
Net derivative asset (liability)	(173)	245
Total | Interest Rate Swap | Fair Value, Measurements, Recurring [Member]
Fair Value of Financial Instruments
Net derivative asset (liability)	$ (5,206)	$ (2,378)

Fair Value (Balance Sheet Locat

Fair Value (Balance Sheet Location) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Net derivative asset (liability)	$ (7,287)	$ (4,335)
Prepaid and other current assets [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value	0	245
Derivative Liability, Current [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities, fair value	(4,346)	(4,265)
Other Long-Term Liabilities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities, fair value	$ (2,941)	$ (315)

Fair Value (Debt Disclosure) (D

Fair Value (Debt Disclosure) (Details) - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Value of Financial Instruments
Term Loan B, Carrying Value		$ 430,713	$ 436,851
Senior Loans [Member] | Subsidiary, Libbey Glass [Member]
Value of Financial Instruments
Term Loan B, Carrying Value	[1]	427,300	433,400
Level 2 | Senior Loans [Member]
Value of Financial Instruments
Term Loan B, Fair Value		$ 423,027	$ 425,815
[1]	See interest rate swap in note 8. The interest rate was 3.75 percent at March 31, 2016.

Other Income (Expense) (Details

Other Income (Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Component of Other Income (Expense), Nonoperating [Line Items]
Other income (expense)	$ (15)	$ 827
Gain (loss) on currency transactions [Member]
Component of Other Income (Expense), Nonoperating [Line Items]
Other income (expense)	(730)	1,115
Hedge ineffectiveness
Component of Other Income (Expense), Nonoperating [Line Items]
Other income (expense)	370	(399)
Other non-operating income (expense) [Member]
Component of Other Income (Expense), Nonoperating [Line Items]
Other income (expense)	$ 345	$ 111

Environmental Liability (Detail

Environmental Liability (Details) $ in Thousands	Oct. 30, 2009	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Site Contingency [Line Items]
Site Contingency, Number of Potentially Responsible Parties	8
Syracuse China [Member]
Site Contingency [Line Items]
Site Contingency, Number of Potentially Responsible Related Parties	1
Unfavorable Regulatory Action [Member]
Site Contingency [Line Items]
Site Contingency, Loss Exposure Not Accrued, Low Estimate		$ 17,000
Site Contingency, Loss Exposure Not Accrued, High Estimate		24,800
Loss Contingency, Range of Possible Loss, Minimum		0
Unfavorable Regulatory Action [Member] | Motors Liquidation [Member]
Site Contingency [Line Items]
Loss Contingency, Damages Paid, Value		22,000
Other Long-Term Liabilities [Member] | Unfavorable Regulatory Action [Member]
Site Contingency [Line Items]
Accrued Environmental Loss Contingencies, Noncurrent		1,100	$ 1,100
Other Noncurrent Assets [Member] | Unfavorable Regulatory Action [Member]
Site Contingency [Line Items]
Recorded Third-Party Environmental Recoveries, Noncurrent		$ 600	$ 600