GrafTech International (EAF) 10-Q 29 Jul 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 17, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Entity Current Reporting Status	Yes
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Entity Registrant Name	GrafTech International LTD.
Entity Central Index Key	931,148
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		137,302,959

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 14,505	$ 17,550
Accounts and notes receivable, net of allowance for doubtful accounts of $7,471 as of December 31, 2014 and $6,582 as of March 31, 2015	121,686	162,919
Inventories	375,633	382,903
Prepaid expenses and other current assets	77,952	81,623
Total current assets	589,776	644,995
Property, plant and equipment	1,477,360	1,500,821
Less: accumulated depreciation	842,689	846,781
Net property, plant and equipment	634,671	654,040
Deferred income taxes	17,116	16,819
Goodwill	384,432	420,129
Other assets	86,979	97,822
Total assets	1,712,974	1,833,805
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	72,136	86,409
Short-term debt	199,215	188,104
Accrued income and other taxes	20,412	24,506
Rationalizations	7,399	9,563
Other accrued liabilities	31,252	43,319
Total current liabilities	330,414	351,901
Long-term debt	349,335	341,615
Other long-term obligations	99,512	107,566
Deferred income taxes	24,237	28,197
Stockholders' equity:
Preferred stock, par value $.01, 10,000,000 shares authorized, none issued	0	0
Common stock, par value $.01, 225,000,000 shares authorized, 152,821,011 shares issued as of December 31, 2014 and 153,050,285 shares issued as of March 31, 2015	1,532	1,528
Additional paid-in capital	1,829,391	1,825,880
Accumulated other comprehensive loss	(357,733)	(336,524)
Accumulated deficit	(324,176)	(245,751)
Less: cost of common stock held in treasury, 15,922,729 shares as of December 31, 2014 and 15,877,371 shares as of March 31, 2015	(238,881)	(239,811)
Less: common stock held in employee benefit and compensation trusts, 80,967 shares as of December 31, 2014 and 72,679 shares as of March 31, 2015	(657)	(796)
Total stockholders' equity	909,476	1,004,526
Total liabilities and stockholders' equity	$ 1,712,974	$ 1,833,805

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Accounts and notes receivable, net of allowance for doubtful accounts	$ 6,459	$ 7,471
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	225,000,000	225,000,000
Common stock, shares issued	153,050,285	152,821,011
Cost of common stock held in treasury, shares	15,877,371	15,922,729
Common stock held in employee benefit and compensation trusts, shares	72,679	80,967

Consolidated Statements Of Oper

Consolidated Statements Of Operations And Comprehensive Income - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net sales	$ 372,333	$ 564,975
Cost of sales	335,631	521,328
Gross profit	36,702	43,647
Research and development	4,345	5,673
Selling and administrative expenses	51,543	62,044
Rationalizations	4,263	917
Impairments	35,381	121,570
Operating loss	(58,830)	(146,557)
Other expense (income), net	1,092	753
Interest expense	18,116	18,154
Interest income	(346)	(113)
Loss before provision for income taxes	(77,692)	(165,351)
(Benefit) provision for income taxes	733	1,599
Net loss	$ (78,425)	$ (166,950)
Basic loss per common share:
Net loss per share	$ (0.57)	$ (1.23)
Weighted average common shares outstanding	137,112,630	135,713,004
Diluted loss income per common share:
Net loss per share	$ (0.57)	$ (1.23)
Weighted average common shares outstanding	137,112,630	135,713,004
Other comprehensive income:
Foreign currency translation adjustments	$ (22,096)	$ 2,147
Commodities and foreign currency derivatives and other, net of tax of $116 and ($154), respectively	887	164
Other comprehensive income (loss), net of tax:	(21,209)	2,311
Comprehensive loss	$ (99,634)	$ (164,639)

Statements Of Comprehensive Inc

Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Commodities and foreign currency derivatives, net of tax of	$ (154)	$ 116

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flow from operating activities:
Net loss	$ (78,425)	$ (166,950)
Adjustments to reconcile net income to cash provided by operations:
Depreciation and amortization	39,384	66,507
Impairments	35,381	121,570
Deferred income tax provision	(4,947)	(1,724)
Post-retirement and pension plan changes	2,252	3,093
Stock-based compensation	2,628	2,752
Interest expense	7,699	7,471
Other charges, net	(1,321)	2,783
(Increase) decrease in working capital	30,395	30,416
Increase in long-term assets and liabilities	(8,826)	(10,018)
Net cash used in operating activities	24,220	55,900
Cash flow from investing activities:
Capital expenditures	(25,620)	(46,464)
Proceeds from the sale of assets	638	2,523
Payments for derivative instruments	(7,804)	(194)
Insurance recoveries	0	2,834
Net cash used in investing activities	(32,786)	(41,301)
Cash flow from financing activities:
Short-term debt borrowings (reductions), net	4,506	(1,019)
Revolving Facility borrowings	74,000	209,000
Revolving Facility reductions	(66,000)	(205,000)
Principal payments on long-term debt	(67)	(126)
Supply chain financing	0	(9,455)
Proceeds from exercise of stock options	0	2,813
Purchase of treasury shares	(63)	(435)
Revolving Facility refinancing fees	(2,722)	(2,636)
Other	(2,850)	918
Net cash provided by financing activities	6,804	(5,940)
Net (decrease) increase in cash and cash equivalents	(1,762)	8,659
Effect of exchange rate changes on cash and cash equivalents	(1,283)	181
Cash and cash equivalents at beginning of period	17,550	11,888
Cash and cash equivalents at end of period	14,505	20,728
Change in current assets:
Accounts and notes receivable, net	34,858	22,158
Inventories	3,274	42,298
Prepaid expenses and other current assets	6,238	(18,660)
Increase (decrease) in accounts payable and accruals	(11,806)	(284)
Rationalizations	(2,183)	(15,076)
Increase in interest payable	14	(20)
(Increase) decrease in working capital	$ 30,395	$ 30,416

Organization And Summary Of Sig

Organization And Summary Of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Organization And Summary Of Significant Accounting Policies	Organization and Summary of Significant Accounting Policies A. Organization GrafTech International Ltd. (the "Company") is one of the world’s largest manufacturers and providers of high quality synthetic and natural graphite and carbon based products. References herein to “GTI,” “we,” “our,” or “us” refer collectively to GrafTech International Ltd. and its subsidiaries. We have seven major product categories: graphite electrodes, refractory products, needle coke products, advanced electronics technologies, advanced graphite materials, advanced composite materials and advanced materials, which are reported in the following segments: Industrial Materials includes graphite electrodes, refractory products, and needle coke products, and primarily serves the steel industry. Engineered Solutions includes advanced electronics technologies, advanced graphite materials, advanced composite materials and advanced materials, and provides primary and specialty products to the advanced electronics, industrial, energy, transportation and defense industries. B. Basis of Presentation The interim Consolidated Financial Statements are unaudited; however, in the opinion of management, they have been prepared in accordance with Rule 10-01 of Regulation S-X and in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The December 31, 2014 financial position data included herein was derived from the audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 (the “Annual Report”) but does not include all disclosures required by GAAP. These interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements, including the accompanying notes, contained in the Annual Report. The unaudited consolidated financial statements reflect all adjustments (all of which are of a normal, recurring nature) which management considers necessary for a fair statement of financial position, results of operations, comprehensive income and cash flows for the interim period presented. The results for the interim periods are not necessarily indicative of results which may be expected for any other interim period or for the full year. C. New Accounting Standards In May 2014, FASB issued ASU No. 2014-09, Revenue from Contracts with Customers . This ASU supersedes the revenue recognition requirements in Accounting Standards Codification 605—Revenue Recognition and most industry-specific guidance throughout the Codification. This ASU requires that an entity recognize revenue to depict the transfer of promised 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. This ASU is supposed to be effective for fiscal years beginning after December 15, 2016, and for interim periods within those fiscal years. On July 9, 2015, the FASB deferred the effective date to fiscal years beginning after December 15, 2017. We are in the process of assessing the impact of the adoption of ASU 2014-09 on the Company's financial position, results of operations and cash flows. On April 7, 2015, FASB issued ASU 2015-3, Simplifying the Presentation of Debt Issuance Costs, which requires debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying value of the associated debt liability. The standard is effective for financial statements issued for fiscal years beginning after December 15, 2015. The Company had $9.7 million and $11.3 million of capitalized bank fees included within "Other Assets" on our consolidated balance sheets as of December 31, 2014 and June 30, 2015, respectively.

Rationalizations and Impairment

Rationalizations and Impairments	6 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Rationalizations and Impairments	Rationalizations and Impairments Throughout 2013, 2014 and 2015 the Company undertook rationalization plans in order to streamline our organization and lower our production costs. The total rationalization and related charges incurred during the three and six months ended June 30, 2014 and 2015 are as follows: All Plans For the Three Months Ended June 30, 2014 For the Three Months Ended June 30, 2015 Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total (Dollars in thousands) Recorded in Cost of Sales Accelerated depreciation $ 3,832 $ 413 $ — $ 4,245 $ — $ — $ — $ — Inventory loss (148 ) 11,057 — 10,909 — 144 — 144 Fixed asset write-offs and other 4,403 131 — 4,534 413 1,072 — 1,485 Recorded in Research and Development Accelerated depreciation — — — — — — 319 319 Recorded in Selling and General Administrative Other 53 — — 53 400 292 (276 ) 416 Recorded in Rationalizations Severance and related costs 304 — — 304 104 1,641 (130 ) 1,615 Contract terminations 527 — — 527 — 154 — 154 Total $ 8,971 $ 11,601 $ — $ 20,572 $ 917 $ 3,303 $ (87 ) $ 4,133 In the three months ended June 30, 2015, in connection with our rationalization initiatives, two sites, located respectively in Salvador, Brazil and in Pennsylvania, United States, substantially completed their decommissioning efforts and met the criteria for assets held for sale. Because the carrying value of the sites did not exceed their estimated fair value, no additional impairment was recorded. As of June 30, 2015, the sites held for sale represent $1.7 million of assets reported under "Property, plant and equipment" and $0.5 million of liabilities, reported under "Other accrued liabilities". All Plans For the Six Months Ended June 30, 2014 For the Six Months Ended June 30, 2015 Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total (Dollars in thousands) Recorded in Cost of Sales Accelerated depreciation $ 20,852 $ 826 $ — $ 21,678 $ 432 $ — $ — $ 432 Inventory loss 667 11,048 — 11,715 (61 ) 947 — 886 Fixed asset write-offs and other 3,909 131 — 4,040 1,655 973 — 2,628 Recorded in Research and Development Accelerated depreciation — — — — — — 940 940 Recorded in Selling and General Administrative Other 78 — — 78 400 295 790 1,485 Recorded in Rationalizations Severance and related costs 418 (28 ) — 390 157 4,006 (130 ) 4,033 Contract terminations 528 — — 527 25 204 — 229 Total $ 26,452 $ 11,977 $ — $ 38,428 $ 2,608 $ 6,425 $ 1,600 $ 10,633 2013 Industrial Materials Rationalization On October 31, 2013, we announced a global initiative to reduce our Industrial Materials segment's cost base and improve our competitive position. As part of this initiative, we ceased production at our two highest cost graphite electrode plants, located in Brazil and South Africa, as well as a machine shop in Russia. Our graphite electrode capacity was reduced by approximately 60,000 metric tons as a result of these actions. In parallel, we adopted measures for reductions in overhead and related corporate operations. These actions and measures reduced global headcount by approximately 600 people, or approximately 20 percent of our global workforce. These actions were substantially completed during the first half of 2014. 2013 Engineered Solutions Rationalization In order to optimize our Engineered Solutions platform and improve our cost structure, we also initiated actions to centralize certain operations and reduce overhead in our Engineered Solutions segment. These actions reduced global headcount by approximately 40 people and were substantially completed during 2014. Total 2013 Rationalization Initiatives Impact to Financial Results Charges incurred related to the 2013 rationalization initiatives for the six months ended June 30, 2014 and June 30, 2015 are as follows: 2013 Plans For the Three Months Ended June 30, 2014 For the Three Months Ended June 30, 2015 Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total (Dollars in thousands) Recorded in Cost of Sales Accelerated depreciation $ 3,832 $ 413 $ — $ 4,245 $ — $ — $ — $ — Inventory loss (148 ) 496 — 348 — — — — Fixed asset write-offs and other 4,403 131 — 4,534 413 249 — 662 Recorded in Selling and General Administrative Other 52 — — 52 — — — — Recorded in Rationalizations Severance and related costs 304 — — 304 10 146 — 156 Contract terminations 528 — — 528 — — — — Total $ 8,971 $ 1,040 $ — $ 10,011 $ 423 $ 395 $ — $ 818 2013 Plans For the Six Months Ended June 30, 2014 For the Six Months Ended June 30, 2015 Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total (Dollars in thousands) Recorded in Cost of Sales Accelerated depreciation $ 20,852 $ 826 $ — $ 21,678 $ 432 $ — $ — $ 432 Inventory loss 667 486 — 1,153 (61 ) — — (61 ) Fixed asset write-offs and other 3,909 131 — 4,040 1,655 258 — 1,913 Recorded in Selling and General Administrative Other 78 — — 78 — — — — Recorded in Rationalizations Severance and related costs 418 (28 ) — 390 97 146 — 243 Contract terminations 528 — — 528 25 — — 25 Total $ 26,452 $ 1,415 $ — $ 27,867 $ 2,148 $ 404 $ — $ 2,552 The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the the rationalization initiatives described above. This liability is recorded as a current liability on the Consolidated Balance Sheets. 2013 Plans (Dollars in thousands) Balance as of December 31, 2013 $ 18,421 Charges incurred 613 Change in estimates 153 Payments and settlements (16,494 ) Effect of change in currency exchange rates (1,658 ) Balance as of December 31, 2014 1,035 Charges incurred 41 Change in estimates 229 Payments and settlements (1,132 ) Effect of change in currency exchange rates (91 ) Balance as of June 30, 2015 $ 82 2014 Engineered Solutions Rationalization On July 29, 2014, we announced additional rationalization initiatives to increase profitability, reduce cost and improve global competitiveness in our Engineered Solutions segment. During the second quarter of 2014, worldwide pricing of our isomolded graphite products ("isomolded") within our Advanced Graphite Material ("AGM") product group, as well as our expectation of future pricing, significantly eroded, driven by significant over-capacity and recent competitor responses. In addition, solar product demand continued to erode, with polysilicon, silicon and silicon wafer production migrating to China. New competitors servicing this industry commenced production in China at pricing levels making the market now unprofitable. As a result of these conditions, the Company decided to cease isomolded production and pursue alternative supply chain relationships in our isomolded product line. As a result of the above, we tested our long-lived assets used to produce advanced graphite materials for recovery, based on undiscounted cash flows from the use and eventual disposition of these assets. The carrying value of the assets exceeded these undiscounted cash flow and, accordingly, we estimated the fair-value of these long-lived assets based on a market participant view. This resulted in an impairment charge totaling 121.6 million during 2014, and included the impairment of certain acquired customer relationship and technology intangible assets. Charges incurred related to the 2014 Engineered Solutions rationalization initiatives in 2015 are as follows: 2014 Engineered Solutions Rationalization For the Three Months Ended June 30, 2014 For the Three Months Ended June 30, 2015 Engineered Solutions Segment (Dollars in thousands) Recorded in Cost of Sales Inventory loss 10,562 109 Fixed asset write-offs and other — 360 Recorded in Rationalizations Severance and related costs — (733 ) Total $ 10,562 $ (264 ) 2014 Engineered Solutions Rationalization For the Six Months Ended June 30, 2014 For the Six Months Ended June 30, 2015 Engineered Solutions Segment (Dollars in thousands) Recorded in Cost of Sales Inventory loss $ 10,562 $ 543 Fixed asset write-offs and other — 358 Recorded in Rationalizations Severance and related costs — (749 ) Contract terminations — 50 Total $ 10,562 $ 202 The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the 2014 Engineered Solutions rationalization initiatives described above. This liability is recorded as a current liability on the Consolidated Balance Sheets. 2014 Engineered Solutions Plan (Dollars in thousands) Balance as of December 31, 2013 $ — Charges incurred 2,611 Change in estimates (40 ) Payments and settlements (916 ) Balance as of December 31, 2014 1,655 Charges incurred 50 Change in estimates (749 ) Payments and settlements (780 ) Balance as of June 30, 2015 $ 176 2014 Corporate and Research & Development Rationalization During the third quarter of 2014, we announced the conclusion of another phase of our on-going company-wide cost savings assessment. This resulted in changes to the Company’s operating and management structure in order to streamline, simplify and decentralize the organization. These actions are designed to reduce costs by a combination of reduced contractor costs, attrition, early retirements and layoffs. Additionally, the Company downsized its corporate functions by approximately 25 percent , relocated to a smaller, more cost effective corporate headquarters and established a new Technology and Innovation Center. The 2014 Corporate and Research and Development rationalization plan will result in approximately $20 million of charges consisting of severance, accelerated depreciation and other related costs, of which approximately $14 million have been incurred through June 30, 2015. Approximately $12 million of these costs will be cash outlays, the majority of which are expected to be disbursed in 2015. Charges incurred related to the 2014 Corporate and Research & Development rationalization initiatives for 2015 are as follows: 2014 Corporate, Research and Development Rationalization For the Three Months Ended June 30, 2015 For the Six Months Ended June 30, 2015 Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total (Dollars in thousands) Recorded in Cost of Sales Fixed asset write-offs and other — 1 — $ 1 — 1 — 1 Recorded in Research and Development Accelerated depreciation — — 319 $ 319 — — 940 940 Recorded in Selling and General Administrative Other 400 — (276 ) $ 124 400 — 790 1,190 Recorded in Rationalizations Severance and related costs 94 8 (130 ) $ (28 ) 60 8 (130 ) (62 ) Total $ 494 $ 9 $ (87 ) $ 416 $ 460 $ 9 $ 1,600 $ 2,069 The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the 2014 Corporate and Research & Development rationalization initiatives described above. This liability is recorded as a current liability on the Consolidated Balance Sheets. 2014 Corporate and R&D Plan (Dollars in thousands) Balance as of December 31, 2013 $ — Charges incurred 8,159 Change in estimates 21 Payments and settlements (1,155 ) Effect of change in currency exchange rates (152 ) Balance as of December 31, 2014 6,873 Charges incurred (34 ) Change in estimates (28 ) Payments and settlements (4,199 ) Effect of change in currency exchange rates (5 ) Balance as of June 30, 2015 $ 2,607 2015 Advanced Graphite Materials Rationalization On March 2, 2015, GrafTech announced plans to further optimize the production platform for its advanced graphite materials business. These actions included the closure of our Notre Dame, France facility and further reductions in force in our Columbia, Tennessee facility and other locations totaling approximately 85 people. The 2015 Advanced Graphite Materials rationalization plan will result in approximately $10 million of charges consisting of severance, inventory losses and other related costs. Approximately $8 million of these costs will be cash outlays, the majority of which are expected to be disbursed in 2015. Charges incurred related to the 2015 Advanced Graphite Materials rationalization initiative for the three and six months ended June 30, 2015 are as follows: 2015 Advanced Graphite Materials Rationalization For the Three Months Ended June 30, 2015 For the Six Months Ended June 30, 2015 Engineered Solutions Segment Recorded in Cost of Sales Inventory loss 35 404 Fixed asset write-offs and other 461 356 Recorded in Selling and General Administrative Other 292 295 Recorded in Rationalizations Severance and related costs 2,220 4,601 Contract terminations 154 154 Total $ 3,162 $ 5,810 The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the 2015 Advanced Graphite Materials rationalization initiative described above. This liability is recorded as a current liability on the Consolidated Balance Sheets. 2015 Advanced Graphite Materials Rationalization (Dollars in thousands) Balance as of December 31, 2014 $ — Charges incurred 4,834 Payments and settlements (263 ) Effect of change in currency exchange rates (38 ) Balance as of June 30, 2015 $ 4,533

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation For the three months ended June 30, 2014 and 2015 , we recognized stock-based compensation expense of $2.2 million and $1.1 million , respectively. Substantially all of the expense, $1.6 million and $1.0 million , respectively, was recorded as selling and administrative expenses in the Consolidated Statements of Operations, with the remaining expenses recorded as cost of sales and research and development. For the six months ended June 30, 2014 and 2015 , we recognized stock-based compensation expense of $2.8 million and $2.7 million , respectively. Substantially all of the expense, $2.1 million and $2.5 million , respectively, was recorded as selling and administrative expenses in the Consolidated Statements of Operations, with the remaining expenses recorded as cost of sales and research and development. As of June 30, 2015 , the total compensation cost related to non-vested restricted stock, performance shares based on current forecasts, and stock options not yet recognized was $8.4 million , which will be recognized over the remaining weighted average life of 1.68 years. Restricted Stock and Performance Shares Restricted stock and performance share awards activity under the plans for the six months ended June 30, 2015 was: Number of Shares Weighted- Average Grant Date Fair Value Outstanding unvested as of January 1, 2015 1,814,130 $ 6.31 Granted 19,969 8.31 Vested (55,211 ) 10.23 Forfeited/canceled/expired (188,407 ) 6.42 Outstanding unvested as of June 30, 2015 1,590,481 6.18 Stock Options Stock option activity under the plans for the six months ended June 30, 2015 was: Number of Shares Weighted- Average Exercise Price Outstanding as of January 1, 2015 2,042,074 $ 10.93 Forfeited/canceled/expired (203,592 ) 10.77 Outstanding as of June 30, 2015 1,838,482 10.95

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings per Share The following table shows the information used in the calculation of our share counts for basic and diluted earnings per share: For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 Weighted average common shares outstanding for basic calculation 135,963,054 137,252,356 135,713,004 137,112,630 Add: Effect of stock options and restricted stock — — — — Weighted average common shares outstanding for diluted calculation 135,963,054 137,252,356 135,713,004 137,112,630 Basic earnings per common share are calculated by dividing net income (loss) by the weighted average number of common shares outstanding. Diluted earnings per share are calculated by dividing net income (loss) by the sum of the weighted average number of common shares outstanding plus the additional common shares that would have been outstanding if potentially dilutive securities had been issued. The weighted average common shares outstanding for the diluted calculation excludes consideration of stock options covering 1,079,251 shares in both the three and six months ended June 30, 2014, as these shares are anti-dilutive. The weighted average common shares outstanding for the diluted calculation excludes consideration of stock options covering 1,359,199 shares in both the three and six months ended June 30, 2015, as these shares are anti-dilutive.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2015
Segment Reporting Information, Revenue for Reportable Segment [Abstract]
Segment Reporting	Segment Reporting We operate in two reportable segments: Industrial Materials and Engineered Solutions. Industrial Materials. Our Industrial Materials segment manufactures and delivers high quality graphite electrodes, refractory products and needle coke products. Electrodes are key components of the conductive power systems used to produce steel and other non-ferrous metals. Refractory products are used in blast furnaces and submerged arc furnaces due to their high thermal conductivity and the ease with which they can be machined to large or complex shapes. Needle coke, a crystalline form of carbon derived from decant oil, is the key ingredient in, and is used primarily in, the production of graphite electrodes. Engineered Solutions. The Engineered Solutions segment includes advanced electronics technologies, advanced graphite materials, advanced composite materials and advanced materials. Advanced electronics technologies products consist of electronic thermal management solutions, fuel cell components and sealing materials. Advanced graphite materials are highly engineered synthetic graphite products used in many areas due to their unique properties and the ability to tailor them to specific solutions. These products are used in transportation, alternative energy, metallurgical, chemical, oil and gas exploration and various other industries. Advanced composite materials are highly engineered carbon products that are woven into various shapes primarily to support the aerospace and defense industries. Advanced materials use carbon and graphite powders as components or additives in a variety of industries, including metallurgical processing, battery and fuel cell components, and polymer additives. We continue to evaluate the performance of our segments based on segment operating income. Intersegment sales and transfers are not material and the accounting policies of the reportable segments are the same as those for our Consolidated Financial Statements as a whole. Prior to 2014, certain global expenses such as research and development, shared IT and accounting services as well as corporate headquarter’s finance, HR, legal and executive management were allocated to the segments mostly based on each segment’s contribution to consolidated sales. During 2014, as part of our initiative to decentralize the organization and reduce the costs of the global headquarter functions, the performance measure of our existing segments was changed to reflect our new management and operating structure. We currently exclude such expenses from the segment operating income measure and report them under “Corporate, R&D and Other Expenses” in order to reconcile to the consolidated operating income of the Company. The following tables summarize financial information concerning our reportable segments and all prior periods have been recast to reflect our new methodology: For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 (Dollars in thousands) (Dollars in thousands) Net sales to external customers: Industrial Materials $ 206,655 $ 125,012 $ 425,431 $ 290,049 Engineered Solutions 77,529 40,110 139,544 82,284 Total net sales $ 284,184 $ 165,122 $ 564,975 $ 372,333 Operating (loss) income: Industrial Materials $ 1,060 $ 3,094 $ 2,660 $ (22,804 ) Engineered Solutions (124,664 ) (3,455 ) (119,259 ) (7,848 ) Corporate, R&D and Other expenses (15,884 ) (12,636 ) (29,958 ) (28,178 ) Total operating loss $ (139,488 ) $ (12,997 ) $ (146,557 ) $ (58,830 ) Reconciliation of segment operating loss to loss before provision for income taxes Other expense (income), net $ (41 ) $ 699 $ 753 $ 1,092 Interest expense 9,155 9,195 18,154 18,116 Interest income (55 ) (273 ) (113 ) (346 ) Loss before provision for income taxes $ (148,547 ) $ (22,618 ) $ (165,351 ) $ (77,692 )

Benefit Plans

Benefit Plans	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Benefit Plans	Benefit Plans The components of our consolidated net pension costs are set forth in the following table: For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 (Dollars in thousands) (Dollars in thousands) Service cost $ 473 $ 506 $ 946 $ 1,333 Interest cost 2,169 1,526 4,338 3,052 Expected return on plan assets (1,938 ) (1,354 ) (3,876 ) (2,708 ) Amortization of prior service cost 1 1 2 2 Net cost $ 705 $ 679 $ 1,410 $ 1,679 The components of our consolidated net postretirement costs are set forth in the following table: For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 (Dollars in thousands) (Dollars in thousands) Service cost $ 19 $ 4 $ 38 $ 8 Interest cost 352 315 704 630 Curtailment loss 1,048 — 1,048 — Amortization of prior service benefit (47 ) (43 ) (94 ) (86 ) Net cost $ 1,372 $ 276 $ 1,696 $ 552 On March 27, 2015, we settled $59.0 million of projected benefit obligations in the United Kingdom through the purchase of a group annuity contract. The purchase was fully funded with pension assets. The obligation associated with this transaction will require no additional cash contributions by the company. The results of this settlement were not material to our operations.

Goodwill And Other Intangible A

Goodwill And Other Intangible Assets	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill And Other Intangible Assets	Goodwill and Other Intangible Assets We are required to review goodwill and indefinite-lived intangible assets annually for impairment. Goodwill impairment is tested at the reporting unit level (graphite electrodes, needle coke) on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. Our annual impairment test of goodwill was performed as of December 31, 2014 for all reporting units. The estimated fair values of our reporting units were based on discounted cash flow ("DCF") models derived from internal earnings forecasts and assumptions. The assumptions and estimates used in these valuations incorporated the then current and expected economic environment. Based on these valuations, the fair value for the needle coke reporting unit was below the carrying value resulting in a step two analysis and consequently a goodwill impairment charge of $75.7 million for the year ended December 31, 2014. We received notice in March, 2015, that the market prices for needle coke were decreasing by an additional 18% , effective for the second quarter of 2015. This decline is further compressing our margins for needle coke products versus our annual plan. We determined that this change, which is driven by over capacity in the market indicated that the needle coke industry is facing a deeper and longer trough than previously expected. As such we considered the additional price change as a triggering event and tested our needle coke goodwill for impairment as of March 31, 2015. In the first step of the analysis, we compared the estimated fair value of the reporting unit to its carrying value, including goodwill. The fair value of the reporting unit was determined based on an income approach, using DCF models from a market participant’s perspective. The DCF model included seventeen years of forecasted cash flows, plus an estimated terminal value. For the first several years in the models, the cash flows were based upon the current operating and capital plans as prepared by management and approved by executive management, adjusted to reflect the perspective of potential market participants. Beyond the first several years, the DCF model reflects known trends of cycles in the industry and incorporates them in the terminal value. Actual results may differ from those assumed in the Company’s forecast. A discount rate of 10.5% was applied to the forecasted cash-flows and is based on a weighted average cost of capital ("WACC"). Company specific beta and mix of debt to equity are inputs into the determination of the discount rate, which is then qualitatively assessed from the standpoint of potential market participants. As a result of the step one analysis described earlier, the fair value of the needle coke reporting unit was less than its carrying value. Consequently, we performed the second step of the impairment analysis in order to determine the implied fair value of the goodwill associated with the reporting unit. The implied fair value of goodwill represents the excess of the fair value of the reporting unit over the sum of the fair value amounts assigned to all of the assets and liabilities of the reporting unit as if it were to be acquired in a business combination and the current fair value of the reporting unit (as calculated in the first step) was the purchase consideration. The implied fair value of goodwill was then compared to the carrying value of the goodwill to determine the impairment charge. The needle coke goodwill was fully impaired, resulting in a charge of $35.4 million . The full impairment of the needle coke reporting unit‘s goodwill was a result of our reassessment of the estimated future cash-flows, triggered by the pricing decline in the needle coke market effective April 1, 2015. The changes in the carrying value of goodwill during the six months ended June 30, 2015 are as follows: Total (Dollars in Thousands) Balance as of December 31, 2014 $ 420,129 Impairment (35,381 ) Currency translation effect (316 ) Balance as of June 30, 2015 $ 384,432 The following table summarizes acquired intangible assets with determinable useful lives by major category as of December 31, 2014 and June 30, 2015 : As of December 31, 2014 As of June 30, 2015 Gross Carrying Amount Accumulated Net Carrying Amount Gross Carrying Amount Accumulated Amortization & Impairment Net Carrying Amount (Dollars in Thousands) Trade name $ 7,900 $ (4,817 ) $ 3,083 $ 7,900 $ (5,154 ) $ 2,746 Technological know-how 43,349 (24,940 ) 18,409 43,349 (27,926 ) 15,423 Customer –related intangible 110,798 (57,192 ) 53,606 110,798 (62,556 ) 48,242 Total finite-lived intangible assets $ 162,047 $ (86,949 ) $ 75,098 $ 162,047 $ (95,636 ) $ 66,411 Amortization expense of acquired intangible assets was $10.2 million and $8.7 million in the six months ended June 30, 2014 and 2015 , respectively. Estimated amortization expense will approximate $8.4 million in the remainder of 2015, $13.1 million in 2016, $11.8 million in 2017, $10.7 million in 2018 and $9.2 million in 2019.

Debt And Liquidity

Debt And Liquidity	6 Months Ended
	Jun. 30, 2015
Long-term Debt and Capital Lease Obligations [Abstract]
Debt And Liquidity	Debt and Liquidity The following table presents our long-term debt: As of December 31, 2014 As of June 30, 2015 (Dollars in thousands) Revolving Facility $ 40,000 $ 48,000 Senior Notes 300,000 300,000 Other Debt 1,615 1,335 Total $ 341,615 $ 349,335 The following table presents our short-term debt: As of As of (Dollars in thousands) Senior Subordinated Notes 187,973 194,440 Other debt 131 4,775 Total Short-Term Debt $ 188,104 $ 199,215 The fair value of debt, which was determined using Level 2 inputs, was $473.3 million , versus a book value of $529.7 million as of December 31, 2014 . As of June 30, 2015 , the fair value of our debt was $520.4 million versus a book value of 548.6 million . As of June 30, 2015 , we were in compliance with all of our debt covenants. Revolving Facility On April 23, 2014, the Company and certain of its subsidiaries entered into an Amended and Restated Credit Agreement (the "Revolving Facility"). On February 27, 2015, GrafTech and certain of its subsidiaries entered into an Amended and Restated Credit Agreement that provides for, among other things, greater financial flexibility and a new $40 million senior secured delayed draw term loan facility.The Revolving Facility has a borrowing capacity of $400 million and matures in April 2019. As of June 30, 2015, we had $258 million of unused borrowing capacity under the revolving credit facility (after considering financial covenants restrictions and the outstanding letters of credit of approximately $6.3 million ). The additional $40 million delayed draw term loan facility is to be used connection with the repayment of the Senior Subordinated Notes. The interest rate applicable to the Amended and Restated Credit Facility is LIBOR plus a margin ranging from 2.25% to 3.75% (depending on our total senior secured leverage ratio). The borrowers pay a per annum fee ranging from 0.35% to 0.50% (depending on our senior secured leverage ratio) on the undrawn portion of the commitments under the Revolving Facility. The new financial covenants require us to maintain a minimum cash interest coverage ratio of 2.50 to 1.00 and a maximum senior secured leverage ratio ranging from 3.75 to 1.00 to 3.00 to 1.00, subject to adjustment for certain events. Senior Notes On November 20, 2012, the Company issued $ 300 million principal amount of 6.375% Senior Notes due 2020 (the "Senior Notes"). The Senior Notes are the Company's senior unsecured obligations and rank pari passu with all of the Company's existing and future senior unsecured indebtedness. The Senior Notes are guaranteed on a senior unsecured basis by each of the Company's existing and future subsidiaries that guarantee certain other indebtedness of the Company or another guarantor. The Senior Notes bear interest at a rate of 6.375% per year, payable semi-annually in arrears on May 15 and November 15 of each year. The Senior Notes mature on November 15, 2020. The Company is entitled to redeem some or all of the Senior Notes at any time on or after November 15, 2016, at the redemption prices set forth in the indenture. In addition, prior to November 15, 2016, the Company may redeem some or all of the Senior Notes at a price equal to 100% of the principal amount thereof, plus accrued and unpaid interest, if any, plus a “make whole” premium determined as set forth in the indenture. The Company is also entitled to redeem up to 35% of the aggregate principal amount of the Senior Notes before November 15, 2015 with the net proceeds from certain equity offerings at a redemption price of 106.375% of the principal amount plus accrued and unpaid interest, if any. If, prior to maturity, a change in control (as defined in the indenture) of the Company occurs and thereafter certain downgrades of the ratings of the Senior Notes as specified in the indenture occur, the Company will be required to offer to repurchase any or all of the Senior Notes at a repurchase price equal to 101% of the aggregate principal amount of the Senior Notes, plus any accrued and unpaid interest. The acquisition of beneficial ownership by Brookfield of more than 35% of the Company's outstanding Shares or more than 35% of the total voting power of the voting stock of the Company (including the Preferred Stock) would constitute a change in control as defined in the Indenture. The indenture for the Senior Notes also contains covenants that, among other things, limit the ability of the Company and certain of its subsidiaries to: (i) create liens or use assets as security in other transactions; (ii) engage in certain sale/leaseback transactions; and (iii) merge, consolidate or sell, transfer, lease or dispose of substantially all of their assets. The indenture for the Senior Notes also contains customary events of default, including (i) failure to pay principal or interest on the Senior Notes when due and payable, (ii) failure to comply with covenants or agreements in the indenture or the Senior Notes which failures are not cured or waived as provided in the indenture, (iii) failure to pay indebtedness of the Company, any Subsidiary Guarantor or Significant Subsidiary (each, as defined in the indenture) within any applicable grace period after maturity or acceleration and the total amount of such indebtedness unpaid or accelerated exceeds $ 50.0 million , (iv) certain events of bankruptcy, insolvency, or reorganization, (v) failure to pay any judgment or decree for an amount in excess of $ 50.0 million against the Company, any Subsidiary Guarantor or any Significant Subsidiary that is not discharged, waived or stayed as provided in the indenture, (vi) cessation of any Subsidiary Guarantee (as defined in the indenture) to be in full force and effect or denial or disaffirmance by any subsidiary guarantor of its obligations under its subsidiary guarantee, and (vii) a default under the Company's Senior Subordinated Notes. In the case of an event of default, the principal amount of the Senior Notes plus accrued and unpaid interest may be accelerated. Senior Subordinated Notes On November 30, 2010, in connection with the acquisitions of Seadrift Coke LP and C/G Electrodes, LLC, we issued Senior Subordinated Notes for an aggregate total face amount of $200 million . These Senior Subordinated Notes are non-interest bearing and mature in 2015. Because the promissory notes are non-interest bearing, we were required to record them at their present value (determined using an interest rate of 7% ). The difference between the face amount of the promissory notes and their present value is recorded as debt discount. The debt discount will be amortized to income using the interest method, over the life of the promissory notes. The loan balance, net of unamortized discount, was $194.4 million as of June 30, 2015 . This balance was reclassified in November 2014 to short-term debt on our balance sheet as the maturity date is within one year.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories are comprised of the following: As of December 31, 2014 As of June 30, 2015 (Dollars in thousands) Inventories: Raw materials and supplies $ 122,218 $ 111,519 Work in process 176,141 168,396 Finished goods 84,544 95,718 Total $ 382,903 $ 375,633

Interest Expense

Interest Expense	6 Months Ended
	Jun. 30, 2015
Interest and Debt Expense [Abstract]
Interest Expense	Interest Expense The following table presents an analysis of interest expense: For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 (Dollars in thousands) (Dollars in thousands) Interest incurred on debt $ 5,345 $ 5,282 $ 10,714 $ 10,452 Amortization of discount on Senior Subordinated Notes 3,048 3,261 6,045 6,468 Amortization of debt issuance costs 762 652 1,395 1,196 Total interest expense $ 9,155 $ 9,195 $ 18,154 $ 18,116 Interest Rates The Revolving Facility had an effective interest rate of 2.17% and 2.37% as of December 31, 2014 and June 30, 2015 , respectively. The Senior Subordinated Notes have an implied interest rate of 7.00% . The Senior Notes have a fixed interest rate of 6.375% .

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2015
Loss Contingency [Abstract]
Contingencies	Contingencies Legal Proceedings We are involved in various investigations, lawsuits, claims, demands, environmental compliance programs and other legal proceedings arising out of or incidental to the conduct of our business. While it is not possible to determine the ultimate disposition of each of these matters, we do not believe that their ultimate disposition will have a material adverse effect on our financial position, results of operations or cash flows. The Merger Agreement with the affiliates Brookfield contains provisions for the payment of termination fees of up to $20 million in the event that the Merger Agreement is terminated under certain circumstances. Pursuant to the Investment Agreement, the Company is required to reimburse Brookfield for its reasonable, out-of- pocket fees and expenses (including the reasonable fees and expenses of legal counsel, accountants, investment bankers, brokers, or other representatives or consultants) up to $500,000 incurred in connection with the transactions thereunder. See Note 2 "Pending Preferred Share Issuance and Tender Offer" for additional information regarding the Merger Agreement and the Preferred Stock Issuance. Pending Litigation Against GrafTech and Brookfield A number of putative class action complaints have been filed relating to the merger. The lawsuits, which contain substantially similar allegations, include allegations that the transactions do not appropriately value the Company, were the result of an inadequate process, include preclusive deal protection devices, involved conflicts of interests and further allege that the public disclosures made by the Company in connection with such transactions were materially misleading. GrafTech, Brookfield and Brookfield's affiliates are alleged to have aided and abetted the alleged fiduciary breaches. The lawsuits seek a variety of equitable relief, including enjoining the GrafTech board of directors from proceeding with the proposed merger unless and until they have acted in accordance with their fiduciary duties to maximize shareholder value and rescission of the merger to the extent implemented, in addition to damages arising from the defendants’ alleged breaches and attorneys’ fees and costs. The defendants believe that the allegations are without merit and intend to vigorously defend the lawsuits. The lawsuits include: a lawsuit captioned Travis J. Kelleher, etc. v. GrafTech International Ltd., et. al. (Case No. CV-15-846032) filed on May 22, 2015, in the Court of Common Pleas in the State of Ohio; a lawsuit captioned David Widlewski v. Randy Carson, Thomas A. Danjczek, Karen Finerman, Joel L. Hawthorne, David R. Jardini, Nathan Milikowsky, M. Catherine Morris, BCP IV GrafTech Holdings LP, and Athena Acquisition Subsidiary Inc. (Civil Action No. 11086-VCL) filed on June 2, 2015, in the Court of Chancery of the State of Delaware; a lawsuit captioned Walter Watson. v. GrafTech International Ltd., Randy Carson, Thomas A. Danjczek, Karen Finerman, Joel L. Hawthorne, David R. Jardini, Nathan Milikowsky, M. Catherine Morris, Brookfield Asset Management, Inc., Brookfield Capital Partners Ltd., Brookfield Capital Partners IV L.P., BCP IV GrafTech Holdings LP, and Athena Acquisition Subsidiary Inc. (Civil Action No. 11096-VCL) filed on June 4, 2015, in the Court of Chancery of the State of Delaware; a lawsuit captioned CyHyoung Park v. GrafTech International Ltd., Randy Carson, Thomas A. Danjczek, Karen Finerman, Joel L. Hawthorne, David R. Jardini, Nathan Milikowsky, M. Catherine Morris, BCP IV GrafTech Holdings LP, and Athena Acquisition Subsidiary Inc. (Civil Action No. 11125-VCL) filed on June 9, 2015, in the Court of Chancery of the State of Delaware; a lawsuit captioned Charles Daeda v. GrafTech International Ltd., Randy Carson, Thomas A. Danjczek, Karen Finerman, Joel L. Hawthorne, David R. Jardini, Nathan Milikowsky, M. Catherine Morris, Brookfield Asset Management Inc., BCP IV GrafTech Holdings LP, and Athena Acquisition Subsidiary Inc. (Civil Action No. 11145-VCL) filed on June 15, 2015, in the Court of Chancery of the State of Delaware; a lawsuit captioned Abraham Grinberger, v. GrafTech International Ltd., Randy Carson, Thomas A. Danjczek, Karen L. Finerman, Joel L. Hawthorne, David R. Jardini, Nathan Milikowsky, M. Catherine Morris, Brookfield Asset Management Inc., Brookfield Capital Partners Ltd., BCP IV GrafTech Holdings LP, Athena Acquisition Subsidiary Inc. (Civil Action No. 11148-VCL) filed on June 15, 2015, in the Court of Chancery of the State of Delaware; a lawsuit captioned Bruce Wells v. GrafTech International Ltd., Randy Carson, Thomas A. Danjczek, Karen Finerman, Joel L. Hawthorne, David R. Jardini, Nathan Milikowsky, M. Catherine Morris, BCP IV GrafTech Holdings LP, Athena Acquisition Subsidiary Inc., and Brookfield Capital Partners Ltd. (Civil Action No. 11166-VCL) filed on June 17, 2015, in the Court of Chancery of the State of Delaware; and a lawsuit captioned Mark O’Neill and Adoracion Guerrero, et. al. v. Joel L. Hawthorne, et. al. (Case No. CV-15-847670) filed on June 29, 2015, in the Court of Common Pleas in the State of Ohio. Product Warranties We generally sell products with a limited warranty. We accrue for known warranty claims if a loss is probable and can be reasonably estimated. We also accrue for estimated warranty claims incurred based on a historical claims charge analysis. Claims accrued but not yet paid and the related activity within the accrual for the six months ended June 30, 2015 , are presented below: (Dollars in thousands) Balance as of December 31, 2014 $ 923 Product warranty adjustments 1,035 Payments and settlements (382 ) Balance as of June 30, 2015 $ 1,576

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We compute and apply to ordinary income an estimated annual effective tax rate on a quarterly basis based on current and forecasted business levels and activities, including the mix of domestic and foreign results and enacted tax laws. The estimated annual effective tax rate is updated quarterly based on actual results and updated operating forecasts. Ordinary income refers to income (loss) before income tax expense excluding significant, unusual, or infrequently occurring items. The tax effect of an unusual or infrequently occurring item is recorded in the interim period in which it occurs as a discrete item of tax. The following table summarizes the provision for income taxes for the six months ended June 30, 2014 and June 30, 2015 : For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 (Dollars in thousands) (Dollars in thousands) Tax (benefit) expense $ 6,886 $ 199 $ 1,599 $ 733 Pretax loss $ (148,547 ) $ (22,618 ) $ (165,351 ) $ (77,692 ) Effective tax rates (4.6 )% (0.9 )% (1.0 )% (0.9 )% For the three months ended June 30, 2015, the effective tax rate differs from the U.S. statutory rate of 35% primarily due to recent losses in the U.S. where we receive no tax benefit due to a full valuation allowance and worldwide earnings from various countries. The recognition of the valuation allowance does not result in or limit the Company's ability to utilize these tax assets in the future. For the three months ended June 30, 2014 the effective tax rate differs from the U.S. statutory rate of 35% primarily due to a valuation allowance setup against U.S. foreign tax credit deferred tax attributes, various state net operating loss deferred tax attributes, and the establishment of a valuation allowance against our net US deferred asset position. As of June 30, 2015, we had unrecognized tax benefits of $3.7 million , $2.7 million of which, if recognized, would have a favorable impact on our effective tax rate. We file income tax returns in the U.S. federal jurisdiction, and various state and foreign jurisdictions. All U.S. federal tax years prior to 2012 are generally closed by statute or have been audited and settled with the applicable domestic tax authorities. All other jurisdictions are still open to examination beginning after 2008. We continue to assess the need for valuation allowances against deferred tax assets based on determinations of whether it is more likely than not that deferred tax benefits will be realized through the generation of future taxable income. Appropriate consideration is given to all available evidence, both positive and negative, in assessing the need for a valuation allowance. Examples of positive evidence would include a strong earnings history, an event or events that would increase our taxable income through a continued reduction of expenses, and tax planning strategies that would indicate an ability to realize deferred tax assets. In circumstances where the significant positive evidence does not outweigh the negative evidence in regards to whether or not a valuation allowance is required, we have maintained valuation allowances on those net deferred tax assets.

Derivative Instruments

Derivative Instruments	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments We use derivative instruments as part of our overall foreign currency and commodity risk management strategies to manage the risk of exchange rate movements that would reduce the value of our foreign cash flows and to minimize commodity price volatility. Foreign currency exchange rate movements create a degree of risk by affecting the value of sales made and costs incurred in currencies other than the U.S. dollar. Certain of our derivative contracts contain provisions that require us to provide collateral. Since the counterparties to these financial instruments are large commercial banks and similar financial institutions, we do not believe that we are exposed to material counterparty credit risk. We do not anticipate nonperformance by any of the counter-parties to our instruments. Foreign currency derivatives We enter into foreign currency derivatives from time to time to attempt to manage exposure to changes in currency exchange rates. These foreign currency instruments, which include, but are not limited to, forward exchange contracts and purchased currency options, attempt to hedge global currency exposures such as foreign currency denominated debt, sales, receivables, payables, and purchases. Forward exchange contracts are agreements to exchange different currencies at a specified future date and at a specified rate. There was no ineffectiveness on these contracts designated as hedging instruments during the six months ended June 30, 2014 and 2015 , respectively. In 2014 and 2015 , we entered into foreign currency derivatives denominated in the Mexican peso, South African rand, Brazilian real, euro and Japanese yen. These derivatives were entered into to protect the risk that the eventual cash flows resulting from commercial and business transactions may be adversely affected by changes in exchange rates between the U.S. dollar and the Mexican peso, South African rand, Brazilian real, euro and Japanese yen. As of June 30, 2015 , we had outstanding Mexican peso, South Afican rand, euro, and Japanese yen currency contracts with an aggregate notional amount of $72.5 million . The foreign currency derivatives outstanding as of June 30, 2015 have several maturity dates ranging from July 2015 to December 2015 . Commodity derivative contracts We periodically enter into derivative contracts for certain refined oil products and natural gas. These contracts are entered into to protect against the risk that eventual cash flows related to these products may be adversely affected by future changes in prices. There was no ineffectiveness on these contracts during the six months ended June 30, 2015 . As of June 30, 2015 , we had no outstanding derivative swap contracts for refined oil products. Net Investment Hedges We use certain intercompany debt to hedge a portion of our net investment in our foreign operations against currency exposure (net investment hedge). Intercompany debt denominated in foreign currency and designated as a non-derivative net investment hedging instrument was $15.8 million and $15.1 million as of December 31, 2014 and June 30, 2015 , respectively. Within the currency translation adjustment portion of other comprehensive income, we recorded gains of $0.2 million and $0.1 million in three months ended June 30, 2014 and June 30, 2015 , respectively, resulting from these net investment hedges. The fair value of all derivatives is recorded as assets or liabilities on a gross basis in our Consolidated Balance Sheets. The following tables present the fair values of our derivatives and their respective balance sheet locations as of December 31, 2014 and June 30, 2015 : Asset Derivatives Liability Derivatives Location Fair Value Location Fair Value As of December 31, 2014 (Dollars in Thousands) Derivatives designated as cash flow hedges: Foreign currency derivatives Prepaid and other current assets $ 722 Other current liabilities $ 1,234 Commodity derivative contracts Prepaid and other current assets — Other current liabilities 7,067 Total fair value $ 722 $ 8,301 As of June 30, 2015 Derivatives designated as cash flow hedges: Foreign currency derivatives Prepaid and other current assets $ 924 Other current liabilities $ 613 Total fair value $ 924 $ 613 Asset Derivatives Liability Derivatives Location Fair Value Location Fair Value As of December 31, 2014 (Dollars in Thousands) Derivatives not designated as hedges: Foreign currency derivatives Prepaid and other current assets $ 80 Other current liabilities $ 428 Total fair value $ 80 $ 428 As of June 30, 2015 Derivatives not designated as hedges: Foreign currency derivatives Prepaid and other current assets $ 181 Other current liabilities $ 474 Total fair value $ 181 $ 474 The location and amount of realized (gains) losses on derivatives are recognized in the Statements of Operations when the hedged item impacts earnings and are as follows for the three and six months ended June 30, 2014 and 2015 : Amount of (Gain)/Loss Recognized (Effective Portion) For the Three months ended June 30, Location of (Gain)/Loss Reclassified from Other Comprehensive Income (Effective Portion) 2014 2015 (Dollars in Thousands) Derivatives designated as cash flow hedges: Foreign currency derivatives, excluding tax of ($3) and $56, respectively Revenue / Cost of goods sold/Other expense / (income) $ 27 $ (563 ) Commodity forward derivatives, excluding tax of $181 and ($193), respectively Revenue / Cost of goods sold $ (503 ) $ 528 Amount of (Gain)/Loss Recognized For the Three months ended June 30, Location of (Gain)/Loss Recognized in the Consolidated Statement of Operations 2014 2015 (Dollars in thousands) Derivatives not designated as hedges: Foreign currency derivatives Cost of goods sold/Other expense (income) $ 130 $ (214 ) Amount of (Gain)/Loss Recognized (Effective Portion) For the Six Months Ended June 30, Location of (Gain)/Loss Reclassified from Other Comprehensive Income (Effective Portion) 2014 2015 (Dollars in Thousands) Derivatives designated as cash flow hedges: Foreign currency derivatives, excluding tax of ($33) and $128, respectively Revenue / Cost of goods sold/ Other expense / (income) $ 328 $ (1,275 ) Commodity forward derivatives, excluding tax of ($9) and ($289), respectively Revenue / Cost of goods sold $ 26 $ 793 Amount of (Gain)/Loss Recognized For the Six Months Ended June 30, Location of (Gain)/Loss Recognized in the Consolidated Statement of Operations 2014 2015 (Dollars in thousands) Derivatives not designated as hedges: Foreign currency derivatives Cost of goods sold/Other expense (income) $ (61 ) $ 676 Our foreign currency and commodity derivatives are treated as hedges and are required to be measured at fair value on a recurring basis. With respect to the inputs used to determine the fair value, we use observable, quoted rates that are determined by active markets and, therefore, classify the contracts as “ Level 2 ”.

Guarantor Information

Guarantor Information	6 Months Ended
	Jun. 30, 2015
Consolidating Financials [Abstract]
Supplemental Guarantor Information	Guarantor Information On November 20, 2012, GrafTech International Ltd. (the “Parent”) issued $300 million aggregate principal amount of Senior Notes. The Senior Notes mature on November 15, 2020 and bear interest at a rate of 6.375% per year, payable semi-annually in arrears on May 15 and November 15 of each year. The Senior Notes have been guaranteed on a senior basis by the following wholly-owned direct and indirect subsidiaries of the Parent: GrafTech Finance Inc., GrafTech Holdings Inc., GrafTech USA LLC, Seadrift Coke LLP, Fiber Materials, Inc., Intermat, GrafTech Global Enterprises Inc., GrafTech International Holdings Inc., GrafTech DE LLC, GrafTech Seadrift Holding Corp, GrafTech International Trading Inc., GrafTech Technology LLC, GrafTech NY Inc., and Graphite Electrode Network LLC. The guarantors of the Senior Notes, solely in their respective capacities as such, are collectively called the “Guarantors.” Our other subsidiaries, which are not guarantors of the Senior Notes, are called the “Non-Guarantors.” All of the guarantees are unsecured. All of the guarantees are full, unconditional (subject to limited exceptions described below) and joint and several. Each of the Guarantors are 100% owned, directly or indirectly, by the Parent. All of the guarantees of the Senior Notes continue until the Senior Notes have been paid in full, and payment under such guarantees could be required immediately upon the occurrence of an event of default under the Senior Notes. If a Guarantor makes a payment under its guarantee of the Senior Notes, it would have the right under certain circumstances to seek contribution from the other Guarantors. The Guarantors will be released from the guarantees upon the occurrence of certain events, including the following: the unconditional release or discharge of any guarantee or indebtedness that resulted in the creation of the guarantee of the Senior Notes by such Guarantor; the sale or other disposition, including by way of merger or consolidation or the sale of its capital stock, following which such Guarantor is no longer a subsidiary of the Parent; or the Parent's exercise of its legal defeasance option or its covenant defeasance option as described in the indenture applicable to the Senior Notes. If any Guarantor is released, no holder of the Senior Notes will have a claim as a creditor against such Guarantor. The indebtedness and other liabilities, including trade payables and preferred stock, if any, of each Guarantor are effectively senior to the claim of any holders of the Senior Notes. Investments in subsidiaries are recorded on the equity basis. The following tables set forth condensed consolidating balance sheets as of December 31, 2014 and June 30, 2015 and condensed consolidating statements of operations and comprehensive income for the three and six months ended June 30, 2014 and 2015 and condensed consolidating statements of cash flows for the six months ended June 30, 2014 and 2015 of the Parent Guarantors and the Non-Guarantors. CONDENSED CONSOLIDATING BALANCE SHEETS As of December 31, 2014 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ — $ 5,503 $ 12,047 $ — $ 17,550 Accounts receivable - affiliates 40,474 35,618 40,185 (116,277 ) — Accounts receivable - trade — 45,861 117,058 — 162,919 Inventories — 148,080 234,823 — 382,903 Prepaid and other current assets — 17,336 64,287 — 81,623 Total current assets 40,474 252,398 468,400 (116,277 ) 644,995 Investment in affiliates 1,414,278 762,251 — (2,176,529 ) — Property, plant and equipment — 431,602 222,438 — 654,040 Deferred income taxes — — 16,819 — 16,819 Goodwill — 217,099 203,030 — 420,129 Notes receivable - affiliate 35,722 7,413 — (43,135 ) — Other assets 4,110 45,617 48,095 — 97,822 Total Assets $ 1,494,584 $ 1,716,380 $ 958,782 $ (2,335,941 ) $ 1,833,805 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable - affiliate $ — $ 80,659 $ 35,618 $ (116,277 ) $ — Accounts payable - trade 47 35,435 50,927 — 86,409 Short-term debt 187,973 131 — — 188,104 Accrued income and other taxes 344 3,380 20,782 — 24,506 Rationalizations — 7,538 2,025 — 9,563 Supply chain financing liability — — — — — Other accrued liabilities 2,444 15,252 25,623 — 43,319 Total current liabilities 190,808 142,395 134,975 (116,277 ) 351,901 Long-term debt - affiliate — 35,722 7,413 (43,135 ) — Long-term debt - third party 300,000 40,393 1,222 — 341,615 Other long-term obligations — 77,724 29,842 — 107,566 Deferred income taxes — 5,118 23,079 — 28,197 Stockholders' equity 1,003,776 1,415,028 762,251 (2,176,529 ) 1,004,526 Total Liabilities and Stockholders' Equity $ 1,494,584 $ 1,716,380 $ 958,782 $ (2,335,941 ) $ 1,833,805 CONDENSED CONSOLIDATING BALANCE SHEETS As of June 30, 2015 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ — $ 1,278 $ 13,227 $ — $ 14,505 Accounts receivable - affiliates 42,976 29,081 9,230 (81,287 ) — Accounts receivable - trade — 30,362 91,324 — 121,686 Inventories — 145,605 230,028 — 375,633 Prepaid and other current assets — 17,935 60,017 — 77,952 Total current assets 42,976 224,261 403,826 (81,287 ) 589,776 Investment in affiliates 1,331,268 702,677 — (2,033,945 ) — Property, plant and equipment — 424,235 210,436 — 634,671 Deferred income taxes — — 17,116 — 17,116 Goodwill — 181,717 202,715 — 384,432 Notes receivable - affiliate 28,304 7,413 — (35,717 ) — Other assets 3,813 40,972 42,194 — 86,979 Total Assets $ 1,406,361 $ 1,581,275 $ 876,287 $ (2,150,949 ) $ 1,712,974 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable - affiliate $ — $ 52,201 $ 29,086 $ (81,287 ) $ — Accounts payable - trade — 28,386 43,750 — 72,136 Short-term debt 194,441 2,132 2,642 — 199,215 Accrued income and other taxes — 4,318 16,094 — 20,412 Rationalizations — 2,942 4,457 — 7,399 Supply chain financing liability — — — — — Other accrued liabilities 2,444 9,287 19,521 — 31,252 Total current liabilities 196,885 99,266 115,550 (81,287 ) 330,414 Long-term debt - affiliate — 28,304 7,413 (35,717 ) — Long-term debt - third party 300,000 48,326 1,009 — 349,335 Other long-term obligations — 68,981 30,531 — 99,512 Deferred income taxes — 5,130 19,107 — 24,237 Stockholders' equity 909,476 1,331,268 702,677 (2,033,945 ) 909,476 Total Liabilities and Stockholders' Equity $ 1,406,361 $ 1,581,275 $ 876,287 $ (2,150,949 ) $ 1,712,974 CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the six months ended June 30, 2014 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Sales - affiliates $ — $ 124,316 $ 68,571 $ (192,887 ) $ — Sales - third party — 221,930 343,045 — 564,975 Net sales — 346,246 411,616 (192,887 ) 564,975 Cost of sales — 314,476 399,739 (192,887 ) 521,328 Gross profit — 31,770 11,877 — 43,647 Research and development — 5,673 — — 5,673 Selling and administrative expenses — 24,132 37,912 — 62,044 Impairments — 121,570 — — 121,570 Rationalizations — 52 865 — 917 Operating income (loss) — (119,657 ) (26,900 ) — (146,557 ) Other (income) expense, net — 820 (67 ) — 753 Interest expense - affiliate — 436 — (436 ) — Interest expense - third party 15,955 1,646 553 — 18,154 Interest income - affiliate (436 ) — — 436 — Interest income - third party — — (113 ) — (113 ) Income (loss) before income taxes (15,519 ) (122,559 ) (27,273 ) — ` (165,351 ) Provision for income taxes (5,587 ) 14,399 (7,213 ) — 1,599 Equity in earnings of subsidiary (157,018 ) (20,060 ) — 177,078 — Net (loss) income $ (166,950 ) $ (157,018 ) $ (20,060 ) $ 177,078 $ (166,950 ) Statements of Comprehensive Income Net (loss) income $ (166,950 ) $ (157,018 ) $ (20,060 ) $ 177,078 $ (166,950 ) Other comprehensive income (loss) 2,311 2,311 2,522 (4,833 ) 2,311 Comprehensive (loss) income $ (164,639 ) $ (154,707 ) $ (17,538 ) $ 172,245 $ (164,639 ) CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME For the six months ended June 30, 2015 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Sales - affiliates $ — $ 103,291 $ 42,346 $ (145,637 ) $ — Sales - third party — 134,418 237,915 — 372,333 Net sales — 237,709 280,261 (145,637 ) 372,333 Cost of sales — 219,037 262,231 (145,637 ) 335,631 Gross profit — 18,672 18,030 — 36,702 Research and development — 4,345 — — 4,345 Selling and administrative expenses — 26,836 24,707 — 51,543 Impairments — 35,381 — — 35,381 Rationalizations — (300 ) 4,563 — 4,263 Operating loss — (47,590 ) (11,240 ) — (58,830 ) Other expense (income), net — 732 360 — 1,092 Interest expense - affiliate — 305 — (305 ) — Interest expense - third party 16,382 1,523 211 — 18,116 Interest income - affiliate (305 ) — — 305 — Interest income - third party — (5 ) (341 ) — (346 ) Loss before income taxes (16,077 ) (50,145 ) (11,470 ) — ` (77,692 ) (Benefit from) provision for income taxes — (3,691 ) 4,424 — 733 Equity in losses of subsidiary (62,348 ) (15,894 ) — 78,242 — Net (loss) income $ (78,425 ) $ (62,348 ) $ (15,894 ) $ 78,242 $ (78,425 ) Statements of Comprehensive Income Net (loss) income $ (78,425 ) $ (62,348 ) $ (15,894 ) $ 78,242 $ (78,425 ) Other comprehensive income (loss) (21,209 ) (21,209 ) (22,207 ) 43,416 (21,209 ) Comprehensive (loss) income $ (99,634 ) $ (83,557 ) $ (38,101 ) $ 121,658 $ (99,634 ) CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the six months ended June 30, 2014 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Net cash provided by (used in) operating activities: $ (11,480 ) $ 33,155 $ 34,225 $ — $ 55,900 Cash flow from investing activities: (Loans to) repayments from affiliates 8,184 — — (8,184 ) — Capital expenditures — (31,882 ) (14,582 ) — (46,464 ) Proceeds from derivative instruments — 74 (268 ) — (194 ) Proceeds from sale of fixed assets — 2,523 2,523 Insurance recoveries — — 2,834 — 2,834 Net cash (used in) provided by investing activities 8,184 (31,808 ) (9,493 ) (8,184 ) (41,301 ) Cash flow from financing activities: Loans from (repayments to) affiliates — (8,184 ) — 8,184 — Short-term debt borrowings — (23 ) (996 ) — (1,019 ) Revolving Facility borrowings — 131,000 78,000 — 209,000 Revolving Facility reductions — (124,000 ) (81,000 ) — (205,000 ) Principal payments on long term debt — (66 ) (60 ) — (126 ) Supply chain financing — — (9,455 ) — (9,455 ) Proceeds from exercise of stock options 2,813 — — — 2,813 Purchase of treasury shares (435 ) — — — (435 ) Revolver facility refinancing — (2,320 ) (316 ) — (2,636 ) Other 918 — — — 918 Net cash provided by (used in) financing activities 3,296 (3,593 ) (13,827 ) 8,184 (5,940 ) Net increase in cash and cash equivalents — (2,246 ) 10,905 — 8,659 Effect of exchange rate changes on cash and cash equivalents — — 181 — 181 Cash and cash equivalents at beginning of period — 4,752 7,136 — 11,888 Cash and cash equivalents at end of period $ — $ 2,506 $ 18,222 $ — $ 20,728 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the six months ended June 30, 2015 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Net cash (used in) provided by operating activities: $ (7,355 ) $ 22,992 $ 36,293 $ (27,710 ) $ 24,220 Cash flow from investing activities: Repayments from affiliates 7,418 — — (7,418 ) — Capital expenditures — (16,994 ) (8,626 ) — (25,620 ) Payments for (proceeds from) derivatives — 397 241 — 638 Proceeds from sale of assets — (7,595 ) (209 ) — (7,804 ) Insurance recoveries — — — — — Net cash provided by (used in) investing activities 7,418 (24,192 ) (8,594 ) (7,418 ) (32,786 ) Cash flow from financing activities: Repayments to affiliates — (7,418 ) — 7,418 — Dividends to affiliates — — (27,710 ) 27,710 Short-term debt borrowings — 2,001 2,505 — 4,506 Revolving Facility borrowings — 62,000 12,000 — 74,000 Revolving Facility reductions — (54,000 ) (12,000 ) — (66,000 ) Principal payments on long term debt — (67 ) — — (67 ) Supply chain financing — — — — — Proceeds from exercise of stock options — — — — — Purchase of treasury shares (63 ) — — — (63 ) Revolver facility refinancing — (2,691 ) (31 ) — (2,722 ) Other — (2,850 ) — — (2,850 ) Net cash provided by (used in) financing activities (63 ) (3,025 ) (25,236 ) 35,128 6,804 Net increase in cash and cash equivalents — (4,225 ) 2,463 — (1,762 ) Effect of exchange rate changes on cash and cash equivalents — — (1,283 ) — (1,283 ) Cash and cash equivalents at beginning of period — 5,503 12,047 — 17,550 Cash and cash equivalents at end of period $ — $ 1,278 $ 13,227 $ — $ 14,505

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On July 28, 2015, GrafTech and certain of its subsidiaries entered into an amendment to the Amended and Restated Credit Agreement to change the terms regarding the occurrence of a default upon a change in control (which is defined thereunder to include the acquisition by any person of more than 25 percent of GrafTech’s outstanding shares) to exclude the acquisition of shares by Brookfield (see Note 2 to the Financial Statements). In addition, effective upon such acquisition, the financial covenants will be eased, resulting in increased availability under the Revolving Facility. The size of the Revolving Facility will also be reduced from $400 million to $375 million . The interest rate applicable to the Revolving Facility is LIBOR plus a margin ranging from 2.25% to 4.75% (depending on our total senior secured leverage ratio). The borrowers pay a per annum fee ranging from 0.35% to 0.70% (depending on our senior secured leverage ratio) on the undrawn portion of the commitments under the Revolving Facility. The new financial covenants, when they become effective, require us to maintain a minimum cash interest coverage ratio ranging from 1.50 to 2.50 and a maximum senior secured leverage ratio ranging from 5.75 to 3.00 , subject to adjustment over time.

Preferred Shares and Tender Off

Preferred Shares and Tender Offer (Notes)	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	(2) Pending Preferred Share Issuance and Tender Offer Preferred Stock On May 4, 2015, the Company entered into an Investment Agreement (the “Investment Agreement”) with BCP IV GrafTech Holdings LP, an affiliate of Brookfield Capital Partners Ltd. (“Brookfield”), pursuant to which the Company agreed to issue and sell and Brookfield agreed to purchase and pay for: (i) shares of a new Series A Convertible Preferred Stock, par value $0.01 per share (the “Series A Preferred Stock”) in an amount equal to 19.9% of the Company’s outstanding common stock (the “Series A Preferred Shares”) and (ii) shares of a new Series B Convertible Preferred Stock, par value $0.01 per share (the “Series B Preferred Stock,” and, together with the Series A Preferred Stock, the “Preferred Stock”), in an amount equal to 150,000 less the number of Series A Preferred Shares, for an aggregate purchase price of $150,000,000 in cash (the “Purchase Price”). The closing of the purchase and sale of the Preferred Stock (the “Closing”) is expected to occur upon the satisfaction of customary closing conditions set forth in the Investment Agreement and the satisfaction of any other applicable regulatory approval requirements. Pursuant to the Investment Agreement, the Company is required to reimburse Brookfield for its reasonable, out-of-pocket fees and expenses (including the reasonable fees and expenses of legal counsel, accountants, investment bankers, brokers, or other representatives or consultants) up to $500,000 incurred in connection with the transaction. The proceeds from the sale of the Preferred Stock will be used by the Company, along with its other cash and borrowing resources, to repay the Company’s senior subordinated notes due to mature in November 2015. Upon issuance, the Series A Preferred Stock will be immediately convertible, at Brookfield’s option, into shares of common stock of the Company, at a conversion price of $5.00 per common share, subject to customary anti-dilution adjustments. Each share of the Series B Preferred Stock will automatically convert into one share of Series A Preferred Stock upon approval by the Company’s stockholders of such conversion in accordance with New York Stock Exchange requirements (the “Stockholder Approval”). The Company has agreed to seek the Stockholder Approval at the Company’s 2015 annual stockholders meeting. The Preferred Stock will be entitled to an annual dividend at the rate of 7.0% prior to any dividend or distribution with respect to any of the Company’s capital stock junior to the Preferred Stock, which will be due and payable quarterly in arrears in cash. Dividends will be cumulative and will accrue until paid. If the Company fails to make timely dividend payments, the dividend rate would increase to 8% per annum until such time as all accrued but unpaid dividends have been paid in full. The Preferred Stock will have a liquidation preference equal to the greater of (x) $1,000 per share, plus all accrued and unpaid dividends thereon, whether or not declared and (y) the amount that the holders of the Preferred Stock would have received had they converted the Preferred Stock into shares of common stock (or Series A Preferred Stock in the case of Series B Preferred Stock) immediately prior to the time of liquidation. The Preferred Stock will rank junior to the Company’s existing and future indebtedness. The Series A Preferred Stock will have certain mandatory redemption rights at the holders’ option following the seventh anniversary of the issue date and certain redemption rights at the option of the Company following the fourth anniversary of the issue date if the daily volume weighted average price of the Company’s common stock equals or exceeds 175.0% of the conversion price for at least 40 trading days during a period of 60 consecutive trading days, in each instance at a redemption price per share equal to $1,000 per share plus all accrued and unpaid dividends thereon, whether or not declared. The Series B Preferred Stock has a mandatory redemption right at the holders’ option if the Stockholder Approval is not obtained by a specified date. The holders of the Preferred Stock also have the right, upon the occurrence of a change of control (other than one for which such holders have a repurchase right under the Investment Agreement), to require the Company to repurchase all or any portion of such holder’s shares of Preferred Stock, at a make-whole premium. The holders of the Preferred Stock will be entitled to vote as a class on matters adversely affecting the Preferred Stock and, subject to certain ownership thresholds, on the election of designated board nominees, and the holders of the Series A Preferred Stock will be entitled to vote together with the holders of common stock, as a single class, on an as converted basis, on other matters. So long as 25% of the originally issued shares of Series A Preferred Stock is outstanding, holders of a majority of the Preferred Stock are entitled to veto rights over issuances of senior or parity securities and changes to the certificate of incorporation of the Company that are adverse to the Preferred Stock. We recorded $2.9 million of issuance costs related to the Preferred Stock transaction as of June 30, 2015 in Prepaid and other current assets on the balance sheet, of which $2.7 million were paid in cash and included in the Cash Flow from Financing section of the Statement of Cash flows. If the convertible preferred stock is issued, it would trigger acceleration of vesting of certain equity awards, performance awards at 100%, accelerated payment of certain awards and deferred compensation. If at least the minimum number of shares is purchased in the tender offer, it would constitute a change in control (as defined in our Credit Agreement) of the Company. As a result, the administrative agent, or lenders having more than 50% of the term loans, revolving exposures and unused commitments under our Credit Agreement may terminate the commitments under the Credit Agreement and declare the loans thereunder then outstanding to be due and payable in whole (or in part). In addition, if more than 35% of the then outstanding shares are purchased in the tender offer, it would constitute a change in control (as defined in the indenture for the Senior Notes) of the Company. If certain downgrades of the ratings of the Senior Notes as specified in the indenture occur subsequent to the change in control, the Company will be required to offer to repurchase any or all of the Senior Notes at a repurchase price equal to 101% of the aggregate principal amount of the Senior Notes, plus any accrued and unpaid interest. Finally, if, prior to maturity or redemption, a change in control (as defined in the Senior Subordinated Notes) of the Company occurs, the holders of a majority of the Senior Subordinated Notes may, by written notice to the Company, declare the principal amount then outstanding under all (but not less than all) of the Senior Subordinated Notes to be immediately due and payable. If either the Credit Agreement or the Senior Subordinated Notes were accelerated, that may result in events of default in other agreements, including the indenture for the Senior Notes, which would permit the counterparties to such agreements to terminate those agreements and accelerate amounts that may be due thereunder. In addition, such transactions could impact the cash flows, ability to utilize net operating losses, earnings per share and other financial metrics and could result in litigation. We intend to obtain waivers relating to the change in control provisions in our Credit Agreement, however, there is no assurance we will be able to obtain such waivers. Merger Agreement On May 17, 2015, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with BCP IV GrafTech Holdings LP, a Delaware limited partnership (“Parent”), and Athena Acquisition Subsidiary Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Acquisition Sub”), pursuant to which, among other things, Parent has agreed to make a cash tender offer (the “Offer ”) to purchase any and all of the outstanding shares of the Company’s common stock, par value $0.01 per share (the “Shares”), at a purchase price of $5.05 per Share in cash (the “Offer Price”). Parent and Acquisition Sub are indirect wholly owned subsidiaries of Brookfield. The Offer commenced on May 26, 2015. The Offer's initial term was extended in accordance with the Merger Agreement and expired at midnight, New York Time, on July 28, 2015. The Offer was again extended in accordance with the Merger Agreement for an additional ten business days to allow for regulatory approvals. The Offer is to expire at midnight, New York Time, on August 13, 2015. The Offer is subject to the condition that prior to the expiration of the Offer, there have been validly tendered and not withdrawn, a number of Shares that, together with the Shares then owned by Brookfield and its controlled affiliates (including Shares issuable upon conversion of the Preferred Stock) represents at least 30% of the then outstanding Shares (the "Minimum Condition"). Pursuant to the Merger Agreement, if Shares validly tendered and not withdrawn in the Offer, together with the Shares then owned by Brookfield and its controlled affiliates (including Shares issuable upon conversion of the Preferred Stock, represent at least 80% of the then outstanding Shares plus the Shares issuable upon conversion of the Preferred Stock (the “Merger Condition”), Parent will transfer the Preferred Stock held by Parent to Acquisition Sub, Acquisition Sub (instead of Parent) will accept the Shares for purchase in the Offer and Acquisition Sub will merge with and into the Company, the separate corporate existence of Acquisition Sub will cease and the Company will continue as the surviving corporation and a wholly owned subsidiary of Parent (the “Merger”). If the Merger Condition is satisfied, each Share that is not tendered and accepted pursuant to the Offer (other than cancelled shares, dissenting shares and shares held by the Company’s subsidiaries or Parent’s subsidiaries (other than Acquisition Sub)) will thereupon be cancelled and converted into the right to receive cash consideration in an amount equal to the Offer Price. The Merger Agreement contemplates that the Merger would be effected pursuant to Section 251(h) of the General Corporation Law of the State of Delaware (the “DGCL”) pursuant to which no stockholder vote will be required to consummate the Merger. If the Company terminates the Merger Agreement to enter into an agreement for a superior proposal (as defined in the Merger Agreement), the Company would be required to pay a designee of the Parent a $20 million termination fee.

Organization And Summary Of S23

Organization And Summary Of Significant Accounting Policies (Policy)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis Of Presentation	Basis of Presentation The interim Consolidated Financial Statements are unaudited; however, in the opinion of management, they have been prepared in accordance with Rule 10-01 of Regulation S-X and in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The December 31, 2014 financial position data included herein was derived from the audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 (the “Annual Report”) but does not include all disclosures required by GAAP. These interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements, including the accompanying notes, contained in the Annual Report. The unaudited consolidated financial statements reflect all adjustments (all of which are of a normal, recurring nature) which management considers necessary for a fair statement of financial position, results of operations, comprehensive income and cash flows for the interim period presented. The results for the interim periods are not necessarily indicative of results which may be expected for any other interim period or for the full year.
New Accounting Standards	New Accounting Standards In May 2014, FASB issued ASU No. 2014-09, Revenue from Contracts with Customers . This ASU supersedes the revenue recognition requirements in Accounting Standards Codification 605—Revenue Recognition and most industry-specific guidance throughout the Codification. This ASU requires that an entity recognize revenue to depict the transfer of promised 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. This ASU is supposed to be effective for fiscal years beginning after December 15, 2016, and for interim periods within those fiscal years. On July 9, 2015, the FASB deferred the effective date to fiscal years beginning after December 15, 2017. We are in the process of assessing the impact of the adoption of ASU 2014-09 on the Company's financial position, results of operations and cash flows. On April 7, 2015, FASB issued ASU 2015-3, Simplifying the Presentation of Debt Issuance Costs, which requires debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying value of the associated debt liability. The standard is effective for financial statements issued for fiscal years beginning after December 15, 2015. The Company had $9.7 million and $11.3 million of capitalized bank fees included within "Other Assets" on our consolidated balance sheets as of December 31, 2014 and June 30, 2015, respectively.

Rationalizations and Impairme24

Rationalizations and Impairments (Tables)	6 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Rationalization Charges	Charges incurred related to the 2015 Advanced Graphite Materials rationalization initiative for the three and six months ended June 30, 2015 are as follows: 2015 Advanced Graphite Materials Rationalization For the Three Months Ended June 30, 2015 For the Six Months Ended June 30, 2015 Engineered Solutions Segment Recorded in Cost of Sales Inventory loss 35 404 Fixed asset write-offs and other 461 356 Recorded in Selling and General Administrative Other 292 295 Recorded in Rationalizations Severance and related costs 2,220 4,601 Contract terminations 154 154 Total $ 3,162 $ 5,810 The total rationalization and related charges incurred during the three and six months ended June 30, 2014 and 2015 are as follows: All Plans For the Three Months Ended June 30, 2014 For the Three Months Ended June 30, 2015 Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total (Dollars in thousands) Recorded in Cost of Sales Accelerated depreciation $ 3,832 $ 413 $ — $ 4,245 $ — $ — $ — $ — Inventory loss (148 ) 11,057 — 10,909 — 144 — 144 Fixed asset write-offs and other 4,403 131 — 4,534 413 1,072 — 1,485 Recorded in Research and Development Accelerated depreciation — — — — — — 319 319 Recorded in Selling and General Administrative Other 53 — — 53 400 292 (276 ) 416 Recorded in Rationalizations Severance and related costs 304 — — 304 104 1,641 (130 ) 1,615 Contract terminations 527 — — 527 — 154 — 154 Total $ 8,971 $ 11,601 $ — $ 20,572 $ 917 $ 3,303 $ (87 ) $ 4,133 In the three months ended June 30, 2015, in connection with our rationalization initiatives, two sites, located respectively in Salvador, Brazil and in Pennsylvania, United States, substantially completed their decommissioning efforts and met the criteria for assets held for sale. Because the carrying value of the sites did not exceed their estimated fair value, no additional impairment was recorded. As of June 30, 2015, the sites held for sale represent $1.7 million of assets reported under "Property, plant and equipment" and $0.5 million of liabilities, reported under "Other accrued liabilities". All Plans For the Six Months Ended June 30, 2014 For the Six Months Ended June 30, 2015 Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total (Dollars in thousands) Recorded in Cost of Sales Accelerated depreciation $ 20,852 $ 826 $ — $ 21,678 $ 432 $ — $ — $ 432 Inventory loss 667 11,048 — 11,715 (61 ) 947 — 886 Fixed asset write-offs and other 3,909 131 — 4,040 1,655 973 — 2,628 Recorded in Research and Development Accelerated depreciation — — — — — — 940 940 Recorded in Selling and General Administrative Other 78 — — 78 400 295 790 1,485 Recorded in Rationalizations Severance and related costs 418 (28 ) — 390 157 4,006 (130 ) 4,033 Contract terminations 528 — — 527 25 204 — 229 Total $ 26,452 $ 11,977 $ — $ 38,428 $ 2,608 $ 6,425 $ 1,600 $ 10,633 Charges incurred related to the 2013 rationalization initiatives for the six months ended June 30, 2014 and June 30, 2015 are as follows: 2013 Plans For the Three Months Ended June 30, 2014 For the Three Months Ended June 30, 2015 Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total (Dollars in thousands) Recorded in Cost of Sales Accelerated depreciation $ 3,832 $ 413 $ — $ 4,245 $ — $ — $ — $ — Inventory loss (148 ) 496 — 348 — — — — Fixed asset write-offs and other 4,403 131 — 4,534 413 249 — 662 Recorded in Selling and General Administrative Other 52 — — 52 — — — — Recorded in Rationalizations Severance and related costs 304 — — 304 10 146 — 156 Contract terminations 528 — — 528 — — — — Total $ 8,971 $ 1,040 $ — $ 10,011 $ 423 $ 395 $ — $ 818 2013 Plans For the Six Months Ended June 30, 2014 For the Six Months Ended June 30, 2015 Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total (Dollars in thousands) Recorded in Cost of Sales Accelerated depreciation $ 20,852 $ 826 $ — $ 21,678 $ 432 $ — $ — $ 432 Inventory loss 667 486 — 1,153 (61 ) — — (61 ) Fixed asset write-offs and other 3,909 131 — 4,040 1,655 258 — 1,913 Recorded in Selling and General Administrative Other 78 — — 78 — — — — Recorded in Rationalizations Severance and related costs 418 (28 ) — 390 97 146 — 243 Contract terminations 528 — — 528 25 — — 25 Total $ 26,452 $ 1,415 $ — $ 27,867 $ 2,148 $ 404 $ — $ 2,552 Charges incurred related to the 2014 Engineered Solutions rationalization initiatives in 2015 are as follows: 2014 Engineered Solutions Rationalization For the Three Months Ended June 30, 2014 For the Three Months Ended June 30, 2015 Engineered Solutions Segment (Dollars in thousands) Recorded in Cost of Sales Inventory loss 10,562 109 Fixed asset write-offs and other — 360 Recorded in Rationalizations Severance and related costs — (733 ) Total $ 10,562 $ (264 ) 2014 Engineered Solutions Rationalization For the Six Months Ended June 30, 2014 For the Six Months Ended June 30, 2015 Engineered Solutions Segment (Dollars in thousands) Recorded in Cost of Sales Inventory loss $ 10,562 $ 543 Fixed asset write-offs and other — 358 Recorded in Rationalizations Severance and related costs — (749 ) Contract terminations — 50 Total $ 10,562 $ 202 Charges incurred related to the 2014 Corporate and Research & Development rationalization initiatives for 2015 are as follows: 2014 Corporate, Research and Development Rationalization For the Three Months Ended June 30, 2015 For the Six Months Ended June 30, 2015 Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total Industrial Materials Segment Engineered Solutions Segment Corp, R&D and Other Total (Dollars in thousands) Recorded in Cost of Sales Fixed asset write-offs and other — 1 — $ 1 — 1 — 1 Recorded in Research and Development Accelerated depreciation — — 319 $ 319 — — 940 940 Recorded in Selling and General Administrative Other 400 — (276 ) $ 124 400 — 790 1,190 Recorded in Rationalizations Severance and related costs 94 8 (130 ) $ (28 ) 60 8 (130 ) (62 ) Total $ 494 $ 9 $ (87 ) $ 416 $ 460 $ 9 $ 1,600 $ 2,069
Schedule of Restructuring Reserve	he following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the 2015 Advanced Graphite Materials rationalization initiative described above. This liability is recorded as a current liability on the Consolidated Balance Sheets. 2015 Advanced Graphite Materials Rationalization (Dollars in thousands) Balance as of December 31, 2014 $ — Charges incurred 4,834 Payments and settlements (263 ) Effect of change in currency exchange rates (38 ) Balance as of June 30, 2015 $ 4,533 The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the 2014 Corporate and Research & Development rationalization initiatives described above. This liability is recorded as a current liability on the Consolidated Balance Sheets. 2014 Corporate and R&D Plan (Dollars in thousands) Balance as of December 31, 2013 $ — Charges incurred 8,159 Change in estimates 21 Payments and settlements (1,155 ) Effect of change in currency exchange rates (152 ) Balance as of December 31, 2014 6,873 Charges incurred (34 ) Change in estimates (28 ) Payments and settlements (4,199 ) Effect of change in currency exchange rates (5 ) Balance as of June 30, 2015 $ 2,607 The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the 2014 Engineered Solutions rationalization initiatives described above. This liability is recorded as a current liability on the Consolidated Balance Sheets. 2014 Engineered Solutions Plan (Dollars in thousands) Balance as of December 31, 2013 $ — Charges incurred 2,611 Change in estimates (40 ) Payments and settlements (916 ) Balance as of December 31, 2014 1,655 Charges incurred 50 Change in estimates (749 ) Payments and settlements (780 ) Balance as of June 30, 2015 $ 176 The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the the rationalization initiatives described above. This liability is recorded as a current liability on the Consolidated Balance Sheets. 2013 Plans (Dollars in thousands) Balance as of December 31, 2013 $ 18,421 Charges incurred 613 Change in estimates 153 Payments and settlements (16,494 ) Effect of change in currency exchange rates (1,658 ) Balance as of December 31, 2014 1,035 Charges incurred 41 Change in estimates 229 Payments and settlements (1,132 ) Effect of change in currency exchange rates (91 ) Balance as of June 30, 2015 $ 82

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule Of Restricted Stock And Performance Share Awards Activity	Restricted stock and performance share awards activity under the plans for the six months ended June 30, 2015 was: Number of Shares Weighted- Average Grant Date Fair Value Outstanding unvested as of January 1, 2015 1,814,130 $ 6.31 Granted 19,969 8.31 Vested (55,211 ) 10.23 Forfeited/canceled/expired (188,407 ) 6.42 Outstanding unvested as of June 30, 2015 1,590,481 6.18
Schedule Of Stock Option Activity Under The Plans	Stock option activity under the plans for the six months ended June 30, 2015 was: Number of Shares Weighted- Average Exercise Price Outstanding as of January 1, 2015 2,042,074 $ 10.93 Forfeited/canceled/expired (203,592 ) 10.77 Outstanding as of June 30, 2015 1,838,482 10.95

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule Of Calculation Of Basic And Diluted Earnings Per Share	For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 Weighted average common shares outstanding for basic calculation 135,963,054 137,252,356 135,713,004 137,112,630 Add: Effect of stock options and restricted stock — — — — Weighted average common shares outstanding for diluted calculation 135,963,054 137,252,356 135,713,004 137,112,630

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting Information, Revenue for Reportable Segment [Abstract]
Schedule Of Financial Information Concerning Reportable Segments	For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 (Dollars in thousands) (Dollars in thousands) Net sales to external customers: Industrial Materials $ 206,655 $ 125,012 $ 425,431 $ 290,049 Engineered Solutions 77,529 40,110 139,544 82,284 Total net sales $ 284,184 $ 165,122 $ 564,975 $ 372,333 Operating (loss) income: Industrial Materials $ 1,060 $ 3,094 $ 2,660 $ (22,804 ) Engineered Solutions (124,664 ) (3,455 ) (119,259 ) (7,848 ) Corporate, R&D and Other expenses (15,884 ) (12,636 ) (29,958 ) (28,178 ) Total operating loss $ (139,488 ) $ (12,997 ) $ (146,557 ) $ (58,830 ) Reconciliation of segment operating loss to loss before provision for income taxes Other expense (income), net $ (41 ) $ 699 $ 753 $ 1,092 Interest expense 9,155 9,195 18,154 18,116 Interest income (55 ) (273 ) (113 ) (346 ) Loss before provision for income taxes $ (148,547 ) $ (22,618 ) $ (165,351 ) $ (77,692 )

Benefit Plans (Tables)

Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2015
Pension Costs [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule Of Benefit Plans	For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 (Dollars in thousands) (Dollars in thousands) Service cost $ 473 $ 506 $ 946 $ 1,333 Interest cost 2,169 1,526 4,338 3,052 Expected return on plan assets (1,938 ) (1,354 ) (3,876 ) (2,708 ) Amortization of prior service cost 1 1 2 2 Net cost $ 705 $ 679 $ 1,410 $ 1,679
Postretirement Costs [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule Of Benefit Plans	For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 (Dollars in thousands) (Dollars in thousands) Service cost $ 19 $ 4 $ 38 $ 8 Interest cost 352 315 704 630 Curtailment loss 1,048 — 1,048 — Amortization of prior service benefit (47 ) (43 ) (94 ) (86 ) Net cost $ 1,372 $ 276 $ 1,696 $ 552

Goodwill And Other Intangible29

Goodwill And Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule Of Changes In The Carrying Value Of Goodwill	The changes in the carrying value of goodwill during the six months ended June 30, 2015 are as follows: Total (Dollars in Thousands) Balance as of December 31, 2014 $ 420,129 Impairment (35,381 ) Currency translation effect (316 ) Balance as of June 30, 2015 $ 384,432
Schedule Of Intangible Assets With Determinable Useful Lives By Major Category	The following table summarizes acquired intangible assets with determinable useful lives by major category as of December 31, 2014 and June 30, 2015 : As of December 31, 2014 As of June 30, 2015 Gross Carrying Amount Accumulated Net Carrying Amount Gross Carrying Amount Accumulated Amortization & Impairment Net Carrying Amount (Dollars in Thousands) Trade name $ 7,900 $ (4,817 ) $ 3,083 $ 7,900 $ (5,154 ) $ 2,746 Technological know-how 43,349 (24,940 ) 18,409 43,349 (27,926 ) 15,423 Customer –related intangible 110,798 (57,192 ) 53,606 110,798 (62,556 ) 48,242 Total finite-lived intangible assets $ 162,047 $ (86,949 ) $ 75,098 $ 162,047 $ (95,636 ) $ 66,411

Debt And Liquidity (Tables)

Debt And Liquidity (Tables)	6 Months Ended
	Jun. 30, 2015
Long-term Debt and Capital Lease Obligations [Abstract]
Schedule Of Long-Term Debt	As of December 31, 2014 As of June 30, 2015 (Dollars in thousands) Revolving Facility $ 40,000 $ 48,000 Senior Notes 300,000 300,000 Other Debt 1,615 1,335 Total $ 341,615 $ 349,335

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Schedule Of Inventories	nventories are comprised of the following: As of December 31, 2014 As of June 30, 2015 (Dollars in thousands) Inventories: Raw materials and supplies $ 122,218 $ 111,519 Work in process 176,141 168,396 Finished goods 84,544 95,718 Total $ 382,903 $ 375,633

Interest Expense (Tables)

Interest Expense (Tables)	6 Months Ended
	Jun. 30, 2015
Interest and Debt Expense [Abstract]
Schedule Of Interest Expense	The following table presents an analysis of interest expense: For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 (Dollars in thousands) (Dollars in thousands) Interest incurred on debt $ 5,345 $ 5,282 $ 10,714 $ 10,452 Amortization of discount on Senior Subordinated Notes 3,048 3,261 6,045 6,468 Amortization of debt issuance costs 762 652 1,395 1,196 Total interest expense $ 9,155 $ 9,195 $ 18,154 $ 18,116

Contingencies (Tables)

Contingencies (Tables)	6 Months Ended
	Jun. 30, 2015
Loss Contingency [Abstract]
Schedule Of Product Warranties Accrual	Claims accrued but not yet paid and the related activity within the accrual for the six months ended June 30, 2015 , are presented below: (Dollars in thousands) Balance as of December 31, 2014 $ 923 Product warranty adjustments 1,035 Payments and settlements (382 ) Balance as of June 30, 2015 $ 1,576

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Summary Of Provision For Income Taxes	(13) Income Taxes We compute and apply to ordinary income an estimated annual effective tax rate on a quarterly basis based on current and forecasted business levels and activities, including the mix of domestic and foreign results and enacted tax laws. The estimated annual effective tax rate is updated quarterly based on actual results and updated operating forecasts. Ordinary income refers to income (loss) before income tax expense excluding significant, unusual, or infrequently occurring items. The tax effect of an unusual or infrequently occurring item is recorded in the interim period in which it occurs as a discrete item of tax. The following table summarizes the provision for income taxes for the six months ended June 30, 2014 and June 30, 2015 : For the Three Months Ended For the Six Months Ended June 30, June 30, 2014 2015 2014 2015 (Dollars in thousands) (Dollars in thousands) Tax (benefit) expense $ 6,886 $ 199 $ 1,599 $ 733 Pretax loss $ (148,547 ) $ (22,618 ) $ (165,351 ) $ (77,692 ) Effective tax rates (4.6 )% (0.9 )% (1.0 )% (0.9 )% For the three months ended June 30, 2015, the effective tax rate differs from the U.S. statutory rate of 35% primarily due to recent losses in the U.S. where we receive no tax benefit due to a full valuation allowance and worldwide earnings from various countries. The recognition of the valuation allowance does not result in or limit the Company's ability to utilize these tax assets in the future. For the three months ended June 30, 2014 the effective tax rate differs from the U.S. statutory rate of 35% primarily due to a valuation allowance setup against U.S. foreign tax credit deferred tax attributes, various state net operating loss deferred tax attributes, and the establishment of a valuation allowance against our net US deferred asset position. As of June 30, 2015, we had unrecognized tax benefits of $3.7 million , $2.7 million of which, if recognized, would have a favorable impact on our effective tax rate. We file income tax returns in the U.S. federal jurisdiction, and various state and foreign jurisdictions. All U.S. federal tax years prior to 2012 are generally closed by statute or have been audited and settled with the applicable domestic tax authorities. All other jurisdictions are still open to examination beginning after 2008. We continue to assess the need for valuation allowances against deferred tax assets based on determinations of whether it is more likely than not that deferred tax benefits will be realized through the generation of future taxable income. Appropriate consideration is given to all available evidence, both positive and negative, in assessing the need for a valuation allowance. Examples of positive evidence would include a strong earnings history, an event or events that would increase our taxable income through a continued reduction of expenses, and tax planning strategies that would indicate an ability to realize deferred tax assets. In circumstances where the significant positive evidence does not outweigh the negative evidence in regards to whether or not a valuation allowance is required, we have maintained valuation allowances on those net deferred tax assets.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Cash Flow Hedging Instruments Fair Value and Balance Sheet Location	Asset Derivatives Liability Derivatives Location Fair Value Location Fair Value As of December 31, 2014 (Dollars in Thousands) Derivatives designated as cash flow hedges: Foreign currency derivatives Prepaid and other current assets $ 722 Other current liabilities $ 1,234 Commodity derivative contracts Prepaid and other current assets — Other current liabilities 7,067 Total fair value $ 722 $ 8,301 As of June 30, 2015 Derivatives designated as cash flow hedges: Foreign currency derivatives Prepaid and other current assets $ 924 Other current liabilities $ 613 Total fair value $ 924 $ 613
Schedule Of Fair Value Of Derivatives Designated As Fair Value Hedges	Asset Derivatives Liability Derivatives Location Fair Value Location Fair Value As of December 31, 2014 (Dollars in Thousands) Derivatives not designated as hedges: Foreign currency derivatives Prepaid and other current assets $ 80 Other current liabilities $ 428 Total fair value $ 80 $ 428 As of June 30, 2015 Derivatives not designated as hedges: Foreign currency derivatives Prepaid and other current assets $ 181 Other current liabilities $ 474 Total fair value $ 181 $ 474 The location and amount of realized (gains) losses on derivatives are recognized in the Statements of Operations when the hedged item impacts earnings and are as follows for the three and six months ended June 30, 2014 and 2015 : Amount of (Gain)/Loss Recognized (Effective Portion) For the Three months ended June 30, Location of (Gain)/Loss Reclassified from Other Comprehensive Income (Effective Portion) 2014 2015 (Dollars in Thousands) Derivatives designated as cash flow hedges: Foreign currency derivatives, excluding tax of ($3) and $56, respectively Revenue / Cost of goods sold/Other expense / (income) $ 27 $ (563 ) Commodity forward derivatives, excluding tax of $181 and ($193), respectively Revenue / Cost of goods sold $ (503 ) $ 528 Amount of (Gain)/Loss Recognized For the Three months ended June 30, Location of (Gain)/Loss Recognized in the Consolidated Statement of Operations 2014 2015 (Dollars in thousands) Derivatives not designated as hedges: Foreign currency derivatives Cost of goods sold/Other expense (income) $ 130 $ (214 ) Amount of (Gain)/Loss Recognized (Effective Portion) For the Six Months Ended June 30, Location of (Gain)/Loss Reclassified from Other Comprehensive Income (Effective Portion) 2014 2015 (Dollars in Thousands) Derivatives designated as cash flow hedges: Foreign currency derivatives, excluding tax of ($33) and $128, respectively Revenue / Cost of goods sold/ Other expense / (income) $ 328 $ (1,275 ) Commodity forward derivatives, excluding tax of ($9) and ($289), respectively Revenue / Cost of goods sold $ 26 $ 793 Amount of (Gain)/Loss Recognized For the Six Months Ended June 30, Location of (Gain)/Loss Recognized in the Consolidated Statement of Operations 2014 2015 (Dollars in thousands) Derivatives not designated as hedges: Foreign currency derivatives Cost of goods sold/Other expense (income) $ (61 ) $ 676 Our foreign currency and commodity derivatives are treated as hedges and are required to be measured at fair value on a recurring basis. With respect to the inputs used to determine the fair value, we use observable, quoted rates that are determined by active markets and, therefore, classify the contracts as “ Level 2 ”.
Schedule Of Realized (Gains) Losses On Derivatives Recognized In Statement Of Income	The location and amount of realized (gains) losses on derivatives are recognized in the Statements of Operations when the hedged item impacts earnings and are as follows for the three and six months ended June 30, 2014 and 2015 : Amount of (Gain)/Loss Recognized (Effective Portion) For the Three months ended June 30, Location of (Gain)/Loss Reclassified from Other Comprehensive Income (Effective Portion) 2014 2015 (Dollars in Thousands) Derivatives designated as cash flow hedges: Foreign currency derivatives, excluding tax of ($3) and $56, respectively Revenue / Cost of goods sold/Other expense / (income) $ 27 $ (563 ) Commodity forward derivatives, excluding tax of $181 and ($193), respectively Revenue / Cost of goods sold $ (503 ) $ 528 Amount of (Gain)/Loss Recognized For the Three months ended June 30, Location of (Gain)/Loss Recognized in the Consolidated Statement of Operations 2014 2015 (Dollars in thousands) Derivatives not designated as hedges: Foreign currency derivatives Cost of goods sold/Other expense (income) $ 130 $ (214 ) Amount of (Gain)/Loss Recognized (Effective Portion) For the Six Months Ended June 30, Location of (Gain)/Loss Reclassified from Other Comprehensive Income (Effective Portion) 2014 2015 (Dollars in Thousands) Derivatives designated as cash flow hedges: Foreign currency derivatives, excluding tax of ($33) and $128, respectively Revenue / Cost of goods sold/ Other expense / (income) $ 328 $ (1,275 ) Commodity forward derivatives, excluding tax of ($9) and ($289), respectively Revenue / Cost of goods sold $ 26 $ 793 Amount of (Gain)/Loss Recognized For the Six Months Ended June 30, Location of (Gain)/Loss Recognized in the Consolidated Statement of Operations 2014 2015 (Dollars in thousands) Derivatives not designated as hedges: Foreign currency derivatives Cost of goods sold/Other expense (income) $ (61 ) $ 676

Guarantor Information (Tables)

Guarantor Information (Tables)	6 Months Ended
	Jun. 30, 2015
Consolidating Financials [Abstract]
Condensed Consolidating Balance Sheets	CONDENSED CONSOLIDATING BALANCE SHEETS As of December 31, 2014 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ — $ 5,503 $ 12,047 $ — $ 17,550 Accounts receivable - affiliates 40,474 35,618 40,185 (116,277 ) — Accounts receivable - trade — 45,861 117,058 — 162,919 Inventories — 148,080 234,823 — 382,903 Prepaid and other current assets — 17,336 64,287 — 81,623 Total current assets 40,474 252,398 468,400 (116,277 ) 644,995 Investment in affiliates 1,414,278 762,251 — (2,176,529 ) — Property, plant and equipment — 431,602 222,438 — 654,040 Deferred income taxes — — 16,819 — 16,819 Goodwill — 217,099 203,030 — 420,129 Notes receivable - affiliate 35,722 7,413 — (43,135 ) — Other assets 4,110 45,617 48,095 — 97,822 Total Assets $ 1,494,584 $ 1,716,380 $ 958,782 $ (2,335,941 ) $ 1,833,805 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable - affiliate $ — $ 80,659 $ 35,618 $ (116,277 ) $ — Accounts payable - trade 47 35,435 50,927 — 86,409 Short-term debt 187,973 131 — — 188,104 Accrued income and other taxes 344 3,380 20,782 — 24,506 Rationalizations — 7,538 2,025 — 9,563 Supply chain financing liability — — — — — Other accrued liabilities 2,444 15,252 25,623 — 43,319 Total current liabilities 190,808 142,395 134,975 (116,277 ) 351,901 Long-term debt - affiliate — 35,722 7,413 (43,135 ) — Long-term debt - third party 300,000 40,393 1,222 — 341,615 Other long-term obligations — 77,724 29,842 — 107,566 Deferred income taxes — 5,118 23,079 — 28,197 Stockholders' equity 1,003,776 1,415,028 762,251 (2,176,529 ) 1,004,526 Total Liabilities and Stockholders' Equity $ 1,494,584 $ 1,716,380 $ 958,782 $ (2,335,941 ) $ 1,833,805 CONDENSED CONSOLIDATING BALANCE SHEETS As of June 30, 2015 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ — $ 1,278 $ 13,227 $ — $ 14,505 Accounts receivable - affiliates 42,976 29,081 9,230 (81,287 ) — Accounts receivable - trade — 30,362 91,324 — 121,686 Inventories — 145,605 230,028 — 375,633 Prepaid and other current assets — 17,935 60,017 — 77,952 Total current assets 42,976 224,261 403,826 (81,287 ) 589,776 Investment in affiliates 1,331,268 702,677 — (2,033,945 ) — Property, plant and equipment — 424,235 210,436 — 634,671 Deferred income taxes — — 17,116 — 17,116 Goodwill — 181,717 202,715 — 384,432 Notes receivable - affiliate 28,304 7,413 — (35,717 ) — Other assets 3,813 40,972 42,194 — 86,979 Total Assets $ 1,406,361 $ 1,581,275 $ 876,287 $ (2,150,949 ) $ 1,712,974 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable - affiliate $ — $ 52,201 $ 29,086 $ (81,287 ) $ — Accounts payable - trade — 28,386 43,750 — 72,136 Short-term debt 194,441 2,132 2,642 — 199,215 Accrued income and other taxes — 4,318 16,094 — 20,412 Rationalizations — 2,942 4,457 — 7,399 Supply chain financing liability — — — — — Other accrued liabilities 2,444 9,287 19,521 — 31,252 Total current liabilities 196,885 99,266 115,550 (81,287 ) 330,414 Long-term debt - affiliate — 28,304 7,413 (35,717 ) — Long-term debt - third party 300,000 48,326 1,009 — 349,335 Other long-term obligations — 68,981 30,531 — 99,512 Deferred income taxes — 5,130 19,107 — 24,237 Stockholders' equity 909,476 1,331,268 702,677 (2,033,945 ) 909,476 Total Liabilities and Stockholders' Equity $ 1,406,361 $ 1,581,275 $ 876,287 $ (2,150,949 ) $ 1,712,974
Condensed Consolidating Statements of Income and Comprehensive Income	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the six months ended June 30, 2014 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Sales - affiliates $ — $ 124,316 $ 68,571 $ (192,887 ) $ — Sales - third party — 221,930 343,045 — 564,975 Net sales — 346,246 411,616 (192,887 ) 564,975 Cost of sales — 314,476 399,739 (192,887 ) 521,328 Gross profit — 31,770 11,877 — 43,647 Research and development — 5,673 — — 5,673 Selling and administrative expenses — 24,132 37,912 — 62,044 Impairments — 121,570 — — 121,570 Rationalizations — 52 865 — 917 Operating income (loss) — (119,657 ) (26,900 ) — (146,557 ) Other (income) expense, net — 820 (67 ) — 753 Interest expense - affiliate — 436 — (436 ) — Interest expense - third party 15,955 1,646 553 — 18,154 Interest income - affiliate (436 ) — — 436 — Interest income - third party — — (113 ) — (113 ) Income (loss) before income taxes (15,519 ) (122,559 ) (27,273 ) — ` (165,351 ) Provision for income taxes (5,587 ) 14,399 (7,213 ) — 1,599 Equity in earnings of subsidiary (157,018 ) (20,060 ) — 177,078 — Net (loss) income $ (166,950 ) $ (157,018 ) $ (20,060 ) $ 177,078 $ (166,950 ) Statements of Comprehensive Income Net (loss) income $ (166,950 ) $ (157,018 ) $ (20,060 ) $ 177,078 $ (166,950 ) Other comprehensive income (loss) 2,311 2,311 2,522 (4,833 ) 2,311 Comprehensive (loss) income $ (164,639 ) $ (154,707 ) $ (17,538 ) $ 172,245 $ (164,639 ) CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME For the six months ended June 30, 2015 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Sales - affiliates $ — $ 103,291 $ 42,346 $ (145,637 ) $ — Sales - third party — 134,418 237,915 — 372,333 Net sales — 237,709 280,261 (145,637 ) 372,333 Cost of sales — 219,037 262,231 (145,637 ) 335,631 Gross profit — 18,672 18,030 — 36,702 Research and development — 4,345 — — 4,345 Selling and administrative expenses — 26,836 24,707 — 51,543 Impairments — 35,381 — — 35,381 Rationalizations — (300 ) 4,563 — 4,263 Operating loss — (47,590 ) (11,240 ) — (58,830 ) Other expense (income), net — 732 360 — 1,092 Interest expense - affiliate — 305 — (305 ) — Interest expense - third party 16,382 1,523 211 — 18,116 Interest income - affiliate (305 ) — — 305 — Interest income - third party — (5 ) (341 ) — (346 ) Loss before income taxes (16,077 ) (50,145 ) (11,470 ) — ` (77,692 ) (Benefit from) provision for income taxes — (3,691 ) 4,424 — 733 Equity in losses of subsidiary (62,348 ) (15,894 ) — 78,242 — Net (loss) income $ (78,425 ) $ (62,348 ) $ (15,894 ) $ 78,242 $ (78,425 ) Statements of Comprehensive Income Net (loss) income $ (78,425 ) $ (62,348 ) $ (15,894 ) $ 78,242 $ (78,425 ) Other comprehensive income (loss) (21,209 ) (21,209 ) (22,207 ) 43,416 (21,209 ) Comprehensive (loss) income $ (99,634 ) $ (83,557 ) $ (38,101 ) $ 121,658 $ (99,634 )
Condensed Consolidating Statements of Cash Flows	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the six months ended June 30, 2014 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Net cash provided by (used in) operating activities: $ (11,480 ) $ 33,155 $ 34,225 $ — $ 55,900 Cash flow from investing activities: (Loans to) repayments from affiliates 8,184 — — (8,184 ) — Capital expenditures — (31,882 ) (14,582 ) — (46,464 ) Proceeds from derivative instruments — 74 (268 ) — (194 ) Proceeds from sale of fixed assets — 2,523 2,523 Insurance recoveries — — 2,834 — 2,834 Net cash (used in) provided by investing activities 8,184 (31,808 ) (9,493 ) (8,184 ) (41,301 ) Cash flow from financing activities: Loans from (repayments to) affiliates — (8,184 ) — 8,184 — Short-term debt borrowings — (23 ) (996 ) — (1,019 ) Revolving Facility borrowings — 131,000 78,000 — 209,000 Revolving Facility reductions — (124,000 ) (81,000 ) — (205,000 ) Principal payments on long term debt — (66 ) (60 ) — (126 ) Supply chain financing — — (9,455 ) — (9,455 ) Proceeds from exercise of stock options 2,813 — — — 2,813 Purchase of treasury shares (435 ) — — — (435 ) Revolver facility refinancing — (2,320 ) (316 ) — (2,636 ) Other 918 — — — 918 Net cash provided by (used in) financing activities 3,296 (3,593 ) (13,827 ) 8,184 (5,940 ) Net increase in cash and cash equivalents — (2,246 ) 10,905 — 8,659 Effect of exchange rate changes on cash and cash equivalents — — 181 — 181 Cash and cash equivalents at beginning of period — 4,752 7,136 — 11,888 Cash and cash equivalents at end of period $ — $ 2,506 $ 18,222 $ — $ 20,728 CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the six months ended June 30, 2015 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Net cash (used in) provided by operating activities: $ (7,355 ) $ 22,992 $ 36,293 $ (27,710 ) $ 24,220 Cash flow from investing activities: Repayments from affiliates 7,418 — — (7,418 ) — Capital expenditures — (16,994 ) (8,626 ) — (25,620 ) Payments for (proceeds from) derivatives — 397 241 — 638 Proceeds from sale of assets — (7,595 ) (209 ) — (7,804 ) Insurance recoveries — — — — — Net cash provided by (used in) investing activities 7,418 (24,192 ) (8,594 ) (7,418 ) (32,786 ) Cash flow from financing activities: Repayments to affiliates — (7,418 ) — 7,418 — Dividends to affiliates — — (27,710 ) 27,710 Short-term debt borrowings — 2,001 2,505 — 4,506 Revolving Facility borrowings — 62,000 12,000 — 74,000 Revolving Facility reductions — (54,000 ) (12,000 ) — (66,000 ) Principal payments on long term debt — (67 ) — — (67 ) Supply chain financing — — — — — Proceeds from exercise of stock options — — — — — Purchase of treasury shares (63 ) — — — (63 ) Revolver facility refinancing — (2,691 ) (31 ) — (2,722 ) Other — (2,850 ) — — (2,850 ) Net cash provided by (used in) financing activities (63 ) (3,025 ) (25,236 ) 35,128 6,804 Net increase in cash and cash equivalents — (4,225 ) 2,463 — (1,762 ) Effect of exchange rate changes on cash and cash equivalents — — (1,283 ) — (1,283 ) Cash and cash equivalents at beginning of period — 5,503 12,047 — 17,550 Cash and cash equivalents at end of period $ — $ 1,278 $ 13,227 $ — $ 14,505

Organization And Summary Of S37

Organization And Summary Of Significant Accounting Policies (Details) $ in Millions	Jun. 30, 2015USD ($)major_product_categories	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Number of major product categories | major_product_categories	7
Other Assets [Member]
Debt Instrument [Line Items]
Capitalized bank fees	$ 11.3	$ 9.7

Rationalizations and Impairme38

Rationalizations and Impairments (Narrative) (Details) metric_tons in Thousands, $ in Thousands	Mar. 02, 2015USD ($)employee	Sep. 30, 2014USD ($)	Jun. 30, 2015USD ($)employeemetric_tons	Jun. 30, 2014	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
2013 Rationalization Initiatives
Restructuring Cost and Reserve [Line Items]
Expected cash outlay			$ 1,132			$ 16,494
Industrial Materials Segment
Restructuring Cost and Reserve [Line Items]
Estimated reduction in capacity (metric tons) | metric_tons			60
Expected number of positions eliminated (employees) | employee			600
Number of positions eliminated (percent)				20.00%
Engineered Solutions Segment
Restructuring Cost and Reserve [Line Items]
Expected number of positions eliminated (employees) | employee			40
2014 Engineered Solutions Rationalization
Restructuring Cost and Reserve [Line Items]
Expected cash outlay			$ 780			916
2014 Corporate and Research & Development Rationalization
Restructuring Cost and Reserve [Line Items]
Number of positions eliminated (percent)		25.00%
Expected cost		$ 20,000
Expected cash outlay			4,199			$ 1,155
2014 Corporate and Research & Development Rationalization | Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Expected cash outlay					$ 12,000
2015 Advanced Graphite Materials Rationalization
Restructuring Cost and Reserve [Line Items]
Expected number of positions eliminated (employees) | employee	85
Expected cost	$ 10,000
Expected cash outlay			$ 263
2015 Advanced Graphite Materials Rationalization | Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Expected cash outlay					$ 8,000

Rationalizations and Impairme39

Rationalizations and Impairments (Rationalization Costs Incurred) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
2014 Engineered Solutions Rationalization
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	$ (264)	$ 10,562	$ 202	$ 10,562
2014 Engineered Solutions Rationalization | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Inventory loss	109	10,562	543	10,562
Fixed asset write-offs and other	360	0	358	0
2014 Engineered Solutions Rationalization | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	(733)	0	(749)	0
Contract terminations			50	0
Rationalization Plan
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	4,133	20,572	10,633	38,428
Rationalization Plan | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0	4,245	432	21,678
Inventory loss	144	10,909	886	11,715
Fixed asset write-offs and other	1,485	4,534	2,628	4,040
Rationalization Plan | Research and Development
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	319	0	940	0
Rationalization Plan | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	416	53	1,485	78
Rationalization Plan | Rationalizations
Restructuring Cost and Reserve [Line Items]
Contract terminations	154	527	229	527
Rationalization Plan | Industrial Materials
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	917		2,608
Rationalization Plan | Industrial Materials | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0	3,832	432	20,852
Inventory loss	0	(148)	(61)	667
Fixed asset write-offs and other	413	4,403	1,655	3,909
Rationalization Plan | Industrial Materials | Research and Development
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0	0	0	0
Rationalization Plan | Industrial Materials | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	400	53	400	78
Rationalization Plan | Industrial Materials | Rationalizations
Restructuring Cost and Reserve [Line Items]
Contract terminations	0	527	25	528
Rationalization Plan | Engineered Solutions
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	3,303		6,425
Rationalization Plan | Engineered Solutions | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0	413	0	826
Inventory loss	144	11,057	947	11,048
Fixed asset write-offs and other	1,072	131	973	131
Rationalization Plan | Engineered Solutions | Research and Development
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0	0	0	0
Rationalization Plan | Engineered Solutions | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	292	0	295	0
Rationalization Plan | Engineered Solutions | Rationalizations
Restructuring Cost and Reserve [Line Items]
Contract terminations	154	0	204	0
Rationalization Plan | Corporate, R&D and Other
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	(87)		1,600
Rationalization Plan | Corporate, R&D and Other | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0	0	0	0
Inventory loss	0	0	0	0
Fixed asset write-offs and other	0	0	0	0
Rationalization Plan | Corporate, R&D and Other | Research and Development
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	319	0	940	0
Rationalization Plan | Corporate, R&D and Other | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	(276)	0	790	0
Rationalization Plan | Corporate, R&D and Other | Rationalizations
Restructuring Cost and Reserve [Line Items]
Contract terminations	0	0	0	0
Rationalization Plan | Employee Severance | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	1,615	304	4,033	390
Rationalization Plan | Employee Severance | Industrial Materials | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	104	304	157	418
Rationalization Plan | Employee Severance | Engineered Solutions | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	1,641	0	4,006	(28)
Rationalization Plan | Employee Severance | Corporate, R&D and Other | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	(130)	0	(130)	0
2013 Rationalization Initiatives
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	818	10,011	2,552	27,867
2013 Rationalization Initiatives | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0	4,245	432	21,678
Inventory loss	0	348	(61)	1,153
Fixed asset write-offs and other	662	4,534	1,913	4,040
2013 Rationalization Initiatives | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	0	52	0	78
2013 Rationalization Initiatives | Industrial Materials
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	423	8,971	2,148	26,452
2013 Rationalization Initiatives | Industrial Materials | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0	3,832	432	20,852
Inventory loss	0	(148)	(61)	667
Fixed asset write-offs and other	413	4,403	1,655	3,909
2013 Rationalization Initiatives | Industrial Materials | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	0	52	0	78
2013 Rationalization Initiatives | Engineered Solutions
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	395	1,040	404	1,415
2013 Rationalization Initiatives | Engineered Solutions | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0	413	0	826
Inventory loss	0	496	0	486
Fixed asset write-offs and other	249	131	258	131
2013 Rationalization Initiatives | Engineered Solutions | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	0	0	0	0
2013 Rationalization Initiatives | Corporate, R&D and Other
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	0	0	0	0
2013 Rationalization Initiatives | Corporate, R&D and Other | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0	0	0	0
Inventory loss	0	0	0	0
Fixed asset write-offs and other	0	0	0	0
2013 Rationalization Initiatives | Corporate, R&D and Other | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	0	0	0	0
2013 Rationalization Initiatives | Employee Severance | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	156	304	243	390
2013 Rationalization Initiatives | Employee Severance | Industrial Materials | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	10	304	97	418
2013 Rationalization Initiatives | Employee Severance | Engineered Solutions | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	146	0	146	(28)
2013 Rationalization Initiatives | Employee Severance | Corporate, R&D and Other | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	0	0	0	0
2013 Rationalization Initiatives | Contract Terminations | Rationalizations
Restructuring Cost and Reserve [Line Items]
Contract terminations	0	528	25	528
2013 Rationalization Initiatives | Contract Terminations | Industrial Materials | Rationalizations
Restructuring Cost and Reserve [Line Items]
Contract terminations	0	528	25	528
2013 Rationalization Initiatives | Contract Terminations | Engineered Solutions | Rationalizations
Restructuring Cost and Reserve [Line Items]
Contract terminations	0	0	0	0
2013 Rationalization Initiatives | Contract Terminations | Corporate, R&D and Other | Rationalizations
Restructuring Cost and Reserve [Line Items]
Contract terminations	0	$ 0	0	0
2014 Corporate and Research & Development Rationalization
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges			2,069	416
2014 Corporate and Research & Development Rationalization | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation			940	319
Fixed asset write-offs and other			1	1
2014 Corporate and Research & Development Rationalization | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other			1,190	124
2014 Corporate and Research & Development Rationalization | Industrial Materials
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	494		460
2014 Corporate and Research & Development Rationalization | Industrial Materials | Research and Development
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0		0
Fixed asset write-offs and other	0		0
2014 Corporate and Research & Development Rationalization | Industrial Materials | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	400		400
2014 Corporate and Research & Development Rationalization | Engineered Solutions
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	9		9
2014 Corporate and Research & Development Rationalization | Engineered Solutions | Research and Development
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	0		0
Fixed asset write-offs and other	1		1
2014 Corporate and Research & Development Rationalization | Engineered Solutions | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	0		0
2014 Corporate and Research & Development Rationalization | Corporate, R&D and Other
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	(87)		1,600
2014 Corporate and Research & Development Rationalization | Corporate, R&D and Other | Research and Development
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	319		940
Fixed asset write-offs and other	0		0
2014 Corporate and Research & Development Rationalization | Corporate, R&D and Other | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	(276)		790
2014 Corporate and Research & Development Rationalization | Employee Severance | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs			(62)	$ (28)
2014 Corporate and Research & Development Rationalization | Employee Severance | Industrial Materials | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	94		60
2014 Corporate and Research & Development Rationalization | Employee Severance | Engineered Solutions | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	8		8
2014 Corporate and Research & Development Rationalization | Employee Severance | Corporate, R&D and Other | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	(130)		(130)
2015 Advanced Graphite Materials Rationalization
Restructuring Cost and Reserve [Line Items]
Total rationalization plan and related charges	3,162		5,810
2015 Advanced Graphite Materials Rationalization | Cost of Sales
Restructuring Cost and Reserve [Line Items]
Inventory loss	35		404
Fixed asset write-offs and other	461		356
2015 Advanced Graphite Materials Rationalization | Selling and Administrative
Restructuring Cost and Reserve [Line Items]
Other	292		295
2015 Advanced Graphite Materials Rationalization | Employee Severance | Rationalizations
Restructuring Cost and Reserve [Line Items]
Severance and related costs	2,220		4,601
Contract terminations	$ 154		$ 154

Rationalizations and Impairme40

Rationalizations and Impairments (Rationalization-Roll-forward) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
2013 Rationalization Initiatives
Restructuring Reserve [Roll Forward]
Beginning balance	$ 1,035	$ 18,421
Charges incurred	(41)	(613)
Change in estimates	(229)	(153)
Payments and settlements	(1,132)	(16,494)
Effect of change in currency exchange rates	(91)	(1,658)
Ending balance	82	1,035
2014 Engineered Solutions Rationalization
Restructuring Reserve [Roll Forward]
Beginning balance	1,655	0
Charges incurred	(50)	(2,611)
Change in estimates	(749)	(40)
Payments and settlements	(780)	(916)
Ending balance	176	1,655
2014 Corporate and Research & Development Rationalization
Restructuring Reserve [Roll Forward]
Beginning balance	6,873	0
Charges incurred	(34)	8,159
Change in estimates	28	(21)
Payments and settlements	(4,199)	(1,155)
Effect of change in currency exchange rates	(5)	(152)
Ending balance	2,607	6,873
2015 Advanced Graphite Materials Rationalization
Restructuring Reserve [Roll Forward]
Beginning balance	0
Charges incurred	(4,834)
Payments and settlements	(263)
Effect of change in currency exchange rates	(38)
Ending balance	$ 4,533	$ 0

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 1.1	$ 2.2	$ 2.7	$ 2.8
Compensation cost related to non-vested restricted stock, performance shares and stock options not yet recognized					$ 8.4
Compensation cost related to non-vested restricted stock, performance shares and stock options not yet recognized, weighted average life, in years			1 year 8 months 5 days
Selling And Administrative Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 1	$ 1.6	$ 2.5	$ 2.1

Stock-Based Compensation (Sched

Stock-Based Compensation (Schedule Of Restricted Stock And Performance Share Awards Activity) (Details) - 6 months ended Jun. 30, 2015 - Restricted Stock And Performance Shares [Member] - $ / shares	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding unvested as of January 1, 2015	1,814,130
Number of Shares, Granted	19,969
Number of Shares, Vested	(55,211)
Number of Shares, Forfeited/canceled/expired	(188,407)
Outstanding unvested as of March 31, 2015	1,590,481
Outstanding unvested as of January 1, 2015	$ 6.31
Weighted-Average Grant Date Fair Value, Granted	8.31
Weighted-Average Grant Date Fair Value, Vested	10.23
Weighted-Average Grant Date Fair Value, Forfeited/canceled/expired	6.42
Outstanding unvested as of March 31, 2015	$ 6.18

Stock-Based Compensation (Sch43

Stock-Based Compensation (Schedule Of Stock Option Activity Under The Plans) (Details) - 6 months ended Jun. 30, 2015 - Stock Options [Member] - $ / shares	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding unvested as of January 1, 2015	2,042,074
Number of Shares, Forfeited/canceled/expired	(203,592)
Outstanding unvested as of March 31, 2015	1,838,482
Outstanding as of January 1, 2015	$ 10.93
Weighted-Average Exercise Price, Forfeited/canceled/expired	10.77
Outstanding as of March 31, 2015	$ 10.95

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Weighted average common shares outstanding for basic calculation	137,252,356	135,963,054	137,112,630	135,713,004
Add: Effect of stock options and restricted stock	0	0	0	0
Weighted average common shares outstanding for diluted calculation	137,252,356	135,963,054	137,112,630	135,713,004
Shares which exclude consideration of stock options in calculation of diluted shares outstanding			1,359,199	1,079,251

Segment Reporting (Schedule Of

Segment Reporting (Schedule Of Financial Information Concerning Reportable Segments) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)segment	Jun. 30, 2014USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment			2
Total net sales	$ 165,122	$ 284,184	$ 372,333	$ 564,975
Total operating loss	(12,997)	(139,488)	(58,830)	(146,557)
Other expense (income), net	699	(41)	1,092	753
Interest expense	9,195	9,155	18,116	18,154
Interest income	(273)	(55)	(346)	(113)
Loss before provision for income taxes	$ (22,618)	$ (148,547)	(77,692)	(165,351)
Industrial Materials
Segment Reporting Information [Line Items]
Total net sales			290,049	425,431
Total operating loss			(22,804)	2,660
Engineered Solutions
Segment Reporting Information [Line Items]
Total net sales			82,284	139,544
Total operating loss			$ (7,848)	$ (119,259)

Benefit Plans (Schedule Of Bene

Benefit Plans (Schedule Of Benefit Plans) (Details) - USD ($) $ in Thousands	Mar. 27, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Settlement of projected benefit obligations	$ 59,000
Pension Costs [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost		$ 506	$ 473	$ 1,333	$ 946
Interest cost		1,526	2,169	3,052	4,338
Expected return on plan assets		(1,354)	(1,938)	(2,708)	(3,876)
Amortization of prior service cost/benefit		1	1	2	2
Net cost		679	705	1,679	1,410
Postretirement Costs [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost		4	19	8	38
Interest cost		315	352	630	704
Amortization of prior service cost/benefit		(43)	(47)	(86)	(94)
Net cost		$ 276	$ 1,372	$ 552	$ 1,696

Goodwill And Other Intangible47

Goodwill And Other Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Goodwill [Line Items]
Goodwill, impairment loss		$ 35,381
Amortization expense of intangible assets		8,700	$ 10,200
Estimated amortization expense, remainder of 2015	$ 8,400	8,400
Estimated amortization expense, 2016	13,100	13,100
Estimated amortization expense, 2017	11,800	11,800
Estimated amortization expense, 2018	10,700	10,700
Estimated amortization expense, 2019	9,200	$ 9,200
Needle Coke
Goodwill [Line Items]
Goodwill, impairment loss	$ 35,400			$ 75,700
Decrease in market prices	18.00%
Discounted cash flow model, period of forecasted cash flows	17 years
Discounted cash flow model, discount rate	10.50%

Goodwill And Other Intangible48

Goodwill And Other Intangible Assets (Schedule Of Changes In The Carrying Value Of Goodwill) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Balance as of December 31, 2014	$ 420,129
Impairment	(35,381)
Currency translation effect	(316)
Balance as of March 31, 2015	$ 384,432

Goodwill And Other Intangible49

Goodwill And Other Intangible Assets (Schedule Of Intangible Assets With Determinable Useful Lives By Major Category) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Goodwill [Line Items]
Gross Carrying Amount	$ 162,047	$ 162,047
Accumulated Amortization & Impairment	(86,949)	(95,636)
Net Carrying Amount	75,098	66,411
Trade Name
Goodwill [Line Items]
Gross Carrying Amount	7,900	7,900
Accumulated Amortization & Impairment	(5,154)	(4,817)
Net Carrying Amount	2,746	3,083
Technological Know-How
Goodwill [Line Items]
Gross Carrying Amount	43,349	43,349
Accumulated Amortization & Impairment	(27,926)	(24,940)
Net Carrying Amount	15,423	18,409
Customer-Related Intangible
Goodwill [Line Items]
Gross Carrying Amount	110,798	110,798
Accumulated Amortization & Impairment	(62,556)	(57,192)
Net Carrying Amount	$ 48,242	$ 53,606

Debt And Liquidity (Narrative)

Debt And Liquidity (Narrative) (Details)	Feb. 27, 2015USD ($)	Nov. 30, 2010USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)	Nov. 20, 2012USD ($)
Debt Instrument [Line Items]
Fair value of debt			$ 520,400,000	$ 473,300,000
Book value of debt			$ 548,600,000	$ 529,700,000
Stated interest rate				6.375%
Interest rate used to record at present value			7.00%
Loan balance, net of unamortized discount			$ 199,215,000	$ 188,104,000
Senior Notes
Debt Instrument [Line Items]
Principal amount issued					$ 300,000,000
Stated interest rate					6.375%
Redemption price, percentage of principal, prior to November 15, 2016					100.00%
Redemption price, percentage of principal, prior to November 15, 2015					106.375%
Repurchase price, percentage of principal, due to change in control					101.00%
Senior Notes | Minimum
Debt Instrument [Line Items]
Unpaid indebtedness or accelerated proceeds exceeds			50,000,000
Unpaid judgment or decree in excess of			50,000,000
Senior Notes | Maximum
Debt Instrument [Line Items]
Percentage of principal allowed to redeem					35.00%
Senior Subordinated Notes
Debt Instrument [Line Items]
Face amount of debt issued in connection with acquisition		$ 200,000,000
Interest rate used to record at present value		7.00%
Amended and Restated Credit Agreement
Debt Instrument [Line Items]
Unused borrowing capacity			258,000,000
Outstanding letters of credit			$ 6,300,000
Minimum cash interest coverage ratio	2.50
Range of maximum senior secured leverage ratio, minimum	3.75
Range of maximum senior secured leverage ratio, maximum	3
Amended and Restated Credit Agreement | Minimum
Debt Instrument [Line Items]
Undrawn commitment fee	0.35%
Amended and Restated Credit Agreement | Maximum
Debt Instrument [Line Items]
Undrawn commitment fee	0.50%
Amended and Restated Credit Agreement | LIBOR | Minimum
Debt Instrument [Line Items]
Margin spread on variable interest rate	2.25%
Amended and Restated Credit Agreement | LIBOR | Maximum
Debt Instrument [Line Items]
Margin spread on variable interest rate	3.75%
Term Loan Facility | Amended and Restated Credit Agreement
Debt Instrument [Line Items]
Borrowing capacity	$ 40,000,000
Revolving Credit Facility | Amended and Restated Credit Agreement
Debt Instrument [Line Items]
Borrowing capacity	$ 400,000,000

Debt And Liquidity (Schedule Of

Debt And Liquidity (Schedule Of Long-Term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-term Debt	$ 349,335	$ 341,615
Senior Notes
Debt Instrument [Line Items]
Long-term Debt	300,000	300,000
Other Debt
Debt Instrument [Line Items]
Long-term Debt	1,335	1,615
Revolving Facility
Debt Instrument [Line Items]
Revolving Facility	$ 48,000	$ 40,000

Debt And Liquidity (Schedule 52

Debt And Liquidity (Schedule of Short-Term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Short-term Debt [Line Items]
Total Short-Term Debt	$ 199,215	$ 188,104
Senior Subordinated Notes
Short-term Debt [Line Items]
Total Short-Term Debt	194,440	187,973
Other debt
Short-term Debt [Line Items]
Total Short-Term Debt	$ 4,775	$ 131

Inventories (Schedule Of Invent

Inventories (Schedule Of Inventories) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Raw materials and supplies	$ 111,519	$ 122,218
Work in process	168,396	176,141
Finished goods	95,718	84,544
Inventories, net	$ 375,633	$ 382,903

Interest Expense (Details)

Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Interest and Debt Expense [Abstract]
Interest incurred on debt	$ 5,282	$ 5,345	$ 10,452	$ 10,714
Amortization of discount on Senior Subordinated Notes	3,261	3,048	6,468	6,045
Amortization of debt issuance costs	652	762	1,196	1,395
Total interest expense	$ 9,195	$ 9,155	$ 18,116	$ 18,154
Effective interest rate, revolving credit facility			2.37%	2.17%
Senior Subordinated Notes implied rate			7.00%
Stated interest rate					6.375%

Contingencies (Details)

Contingencies (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Loss Contingency [Abstract]
Balance as of December 31, 2014	$ 923
Product warranty adjustments	1,035
Payments and settlements	(382)
Balance as of March 31, 2015	$ 1,576

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
U.S. statutory rate			35.00%
Effective tax rate	(0.90%)	(4.60%)	(0.90%)	(1.00%)
Unrecognized tax benefits	$ 3.7		$ 3.7
Unrecognized tax benefits that would have a favorable impact on effective tax rate	$ 2.7		$ 2.7

Income Taxes (Summary Of Provis

Income Taxes (Summary Of Provision For Income Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Tax (benefit) expense	$ 199	$ 6,886	$ 733	$ 1,599
Pretax loss	$ (22,618)	$ (148,547)	$ (77,692)	$ (165,351)
Effective tax rates	(0.90%)	(4.60%)	(0.90%)	(1.00%)

Derivative Instruments (Narrati

Derivative Instruments (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Derivative [Line Items]
Intercompany debt designated as a non-derivative net investment hedging instrument	$ 15.1	$ 15.1		$ 15.8
Gain (loss) currency translation adjustment	$ 0.1		$ 0.2
Foreign Currency Derivatives
Derivative [Line Items]
Notional amounts of foreign currency derivatives				$ 72.5
Minimum | Foreign Currency Derivatives
Derivative [Line Items]
Derivative maturities
Maximum | Foreign Currency Derivatives
Derivative [Line Items]
Derivative maturities

Derivative Instruments (Schedul

Derivative Instruments (Schedule Of Fair Value Of Derivatives Designated As Cash Flow Hedges) (Details) - Designated as Hedging Instrument - Cash Flow Hedging - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Derivative [Line Items]
Asset Derivatives, Fair Value	$ 722	$ 924
Liability Derivatives, Fair Value	8,301	613
Foreign Currency Derivatives | Prepaid and other current assets
Derivative [Line Items]
Asset Derivatives, Fair Value	924	722
Foreign Currency Derivatives | Other current liabilities
Derivative [Line Items]
Liability Derivatives, Fair Value	$ 613	1,234
Commodity Derivative Contracts | Prepaid and other current assets
Derivative [Line Items]
Asset Derivatives, Fair Value		0
Commodity Derivative Contracts | Other current liabilities
Derivative [Line Items]
Liability Derivatives, Fair Value		$ 7,067

Derivative Instruments (Sched60

Derivative Instruments (Schedule Of Fair Value Of Derivatives Designated As Fair Value Hedges) (Details) - Not Designated As Hedging Instrument - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Derivative [Line Items]
Fair Value, Asset Derivatives	$ 80	$ 181
Fair Value, Liability Derivatives	428	474
Foreign Currency Derivatives | Prepaid and other current assets
Derivative [Line Items]
Fair Value, Asset Derivatives	181	80
Foreign Currency Derivatives | Other current liabilities
Derivative [Line Items]
Fair Value, Liability Derivatives	$ 474	$ 428

Derivative Instruments (Sched61

Derivative Instruments (Schedule Of Realized (Gains) Losses On Derivatives Recognized In Statement Of Income) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Designated as Hedging Instrument | Cash Flow Hedging | Foreign Currency Derivatives | Cost of goods sold/Other expense / (income) / Revenue
Derivative [Line Items]
Amount of (Gain)/Loss Recognized (Effective Portion)	$ (1,275)	$ 328
Amount of (Gain)/Loss Recognized - Tax	(223)	(3)
Designated as Hedging Instrument | Cash Flow Hedging | Commodity Forward Derivatives | Cost of goods sold / Revenue
Derivative [Line Items]
Amount of (Gain)/Loss Recognized (Effective Portion)	793	26
Amount of (Gain)/Loss Recognized - Tax	(16)	(193)
Not Designated As Hedging Instrument | Fair Value Hedging | Foreign Currency Derivatives | Cost of goods sold/Other expense (income)
Derivative [Line Items]
Amount of (Gain)/Loss Recognized (Effective Portion)	$ 676	$ (61)

Guarantor Information (Textual)

Guarantor Information (Textual) (Details) - USD ($)	Dec. 31, 2014	Nov. 20, 2012
Debt Instrument [Line Items]
Stated interest rate	6.375%
Senior Notes
Debt Instrument [Line Items]
Principal amount issued		$ 300,000,000
Stated interest rate		6.375%

Guarantor Infromation (Balance

Guarantor Infromation (Balance Sheet) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012
ASSETS
Cash and cash equivalents	$ 14,505	$ 17,550	$ 20,728	$ 11,888	$ 20,728	$ 11,888
Accounts receivable - affiliates	0	0
Accounts receivable - trade	121,686	162,919
Inventories	375,633	382,903
Prepaid expenses and other current assets	77,952	81,623
Total current assets	589,776	644,995
Investment in affiliates	0	0
Net property, plant and equipment	634,671	654,040
Deferred income taxes	17,116	16,819
Goodwill	384,432	420,129
Notes receivable - affiliate	0	0
Other assets	86,979	97,822
Total assets	1,712,974	1,833,805
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable - affiliate	0	0
Accounts payable - trade	72,136	86,409
Short-term debt	199,215	188,104
Accrued income and other taxes	20,412	24,506
Rationalizations	7,399	9,563
Supply chain financing liability	0	0
Other accrued liabilities	31,252	43,319
Total current liabilities	330,414	351,901
Long-term debt - affiliate	0	0
Long-term debt - third party	349,335	341,615
Other long-term obligations	99,512	107,566
Deferred income taxes	24,237	28,197
Total stockholders' equity	909,476	1,004,526
Total liabilities and stockholders' equity	1,712,974	1,833,805
Parent Company [Member]
ASSETS
Cash and cash equivalents	0	0	0	0
Accounts receivable - affiliates	42,976	40,474
Accounts receivable - trade	0	0
Inventories	0	0
Prepaid expenses and other current assets	0	0
Total current assets	42,976	40,474
Investment in affiliates	1,331,268	1,414,278
Net property, plant and equipment	0	0
Deferred income taxes	0	0
Goodwill	0	0
Notes receivable - affiliate	28,304	35,722
Other assets	3,813	4,110
Total assets	1,406,361	1,494,584
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable - affiliate	0	0
Accounts payable - trade	0	47
Short-term debt	194,441	187,973
Accrued income and other taxes	0	344
Rationalizations	0	0
Supply chain financing liability	0	0
Other accrued liabilities	2,444	2,444
Total current liabilities	196,885	190,808
Long-term debt - affiliate	0	0
Long-term debt - third party	300,000	300,000
Other long-term obligations	0	0
Deferred income taxes	0	0
Total stockholders' equity	909,476	1,003,776
Total liabilities and stockholders' equity	1,406,361	1,494,584
Guarantor Subsidiaries [Member]
ASSETS
Cash and cash equivalents	1,278	5,503	2,506	4,752
Accounts receivable - affiliates	29,081	35,618
Accounts receivable - trade	30,362	45,861
Inventories	145,605	148,080
Prepaid expenses and other current assets	17,935	17,336
Total current assets	224,261	252,398
Investment in affiliates	702,677	762,251
Net property, plant and equipment	424,235	431,602
Deferred income taxes	0	0
Goodwill	181,717	217,099
Notes receivable - affiliate	7,413	7,413
Other assets	40,972	45,617
Total assets	1,581,275	1,716,380
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable - affiliate	52,201	80,659
Accounts payable - trade	28,386	35,435
Short-term debt	2,132	131
Accrued income and other taxes	4,318	3,380
Rationalizations	2,942	7,538
Supply chain financing liability	0	0
Other accrued liabilities	9,287	15,252
Total current liabilities	99,266	142,395
Long-term debt - affiliate	28,304	35,722
Long-term debt - third party	48,326	40,393
Other long-term obligations	68,981	77,724
Deferred income taxes	5,130	5,118
Total stockholders' equity	1,331,268	1,415,028
Total liabilities and stockholders' equity	1,581,275	1,716,380
Non-Guarantor Subsidiaries [Member]
ASSETS
Cash and cash equivalents	13,227	12,047	18,222	7,136
Accounts receivable - affiliates	9,230	40,185
Accounts receivable - trade	91,324	117,058
Inventories	230,028	234,823
Prepaid expenses and other current assets	60,017	64,287
Total current assets	403,826	468,400
Investment in affiliates	0	0
Net property, plant and equipment	210,436	222,438
Deferred income taxes	17,116	16,819
Goodwill	202,715	203,030
Notes receivable - affiliate	0	0
Other assets	42,194	48,095
Total assets	876,287	958,782
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable - affiliate	29,086	35,618
Accounts payable - trade	43,750	50,927
Short-term debt	2,642	0
Accrued income and other taxes	16,094	20,782
Rationalizations	4,457	2,025
Supply chain financing liability	0	0
Other accrued liabilities	19,521	25,623
Total current liabilities	115,550	134,975
Long-term debt - affiliate	7,413	7,413
Long-term debt - third party	1,009	1,222
Other long-term obligations	30,531	29,842
Deferred income taxes	19,107	23,079
Total stockholders' equity	702,677	762,251
Total liabilities and stockholders' equity	876,287	958,782
Consolidating Entries and Eliminations [Member]
ASSETS
Cash and cash equivalents	0	0	$ 0	$ 0
Accounts receivable - affiliates	(81,287)	(116,277)
Accounts receivable - trade	0	0
Inventories	0	0
Prepaid expenses and other current assets	0	0
Total current assets	(81,287)	(116,277)
Investment in affiliates	(2,033,945)	(2,176,529)
Net property, plant and equipment	0	0
Deferred income taxes	0	0
Goodwill	0	0
Notes receivable - affiliate	(35,717)	(43,135)
Other assets	0	0
Total assets	(2,150,949)	(2,335,941)
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable - affiliate	(81,287)	(116,277)
Accounts payable - trade	0	0
Short-term debt	0	0
Accrued income and other taxes	0	0
Rationalizations	0	0
Supply chain financing liability	0	0
Other accrued liabilities	0	0
Total current liabilities	(81,287)	(116,277)
Long-term debt - affiliate	(35,717)	(43,135)
Long-term debt - third party	0	0
Other long-term obligations	0	0
Deferred income taxes	0	0
Total stockholders' equity	(2,033,945)	(2,176,529)
Total liabilities and stockholders' equity	$ (2,150,949)	$ (2,335,941)

Guarantor Information (Income a

Guarantor Information (Income and Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates	$ 0	$ 0	$ 0	$ 0
Sales - third party	165,122	284,184	372,333	564,975
Net sales	165,122	284,184	372,333	564,975
Cost of sales	149,183	266,231	335,631	521,328
Gross profit	15,939	17,953	36,702	43,647
Research and development	1,914	2,903	4,345	5,673
Selling and administrative expenses	25,253	32,137	51,543	62,044
Impairments		121,570	35,381	121,570
Rationalizations	1,769	831	4,263	917
Operating loss	(12,997)	(139,488)	(58,830)	(146,557)
Other (income) expense, net	699	(41)	1,092	753
Interest expense - affiliate	0	0	0	0
Interest expense - third party	9,195	9,155	18,116	18,154
Interest income - affiliate	0	0	0	0
Interest income	(273)	(55)	(346)	(113)
Loss before provision for income taxes	(22,618)	(148,547)	(77,692)	(165,351)
(Benefit) provision for income taxes	199	6,886	733	1,599
Equity in earnings of subsidiary	0	0	0	0
Net loss	(22,817)	(155,433)	(78,425)	(166,950)
Statements of Comprehensive Income
Net income	(22,817)	(155,433)	(78,425)	(166,950)
Other comprehensive income (loss), net of tax:	7,557	239	(21,209)	2,311
Comprehensive loss	(15,260)	(155,194)	(99,634)	(164,639)
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates	0	0	0	0
Sales - third party	0	0	0	0
Net sales	0	0	0	0
Cost of sales	0	0	0	0
Gross profit	0	0	0	0
Research and development	0	0	0	0
Selling and administrative expenses	0	0	0	0
Impairments		0	0	0
Rationalizations	0	0	0	0
Operating loss	0	0	0	0
Other (income) expense, net	0	0	0	0
Interest expense - affiliate	0	0	0	0
Interest expense - third party	8,220	8,003	16,382	15,955
Interest income - affiliate	(145)	(210)	(305)	(436)
Interest income	0	0	0	0
Loss before provision for income taxes	(8,075)	(7,793)	(16,077)	(15,519)
(Benefit) provision for income taxes	0	(2,806)	0	(5,587)
Equity in earnings of subsidiary	(14,742)	(150,446)	(62,348)	(157,018)
Net loss	(22,817)	(155,433)	(78,425)	(166,950)
Statements of Comprehensive Income
Net income	(22,817)	(155,433)	(78,425)	(166,950)
Other comprehensive income (loss), net of tax:	7,557	239	(21,209)	2,311
Comprehensive loss	(15,260)	(155,194)	(99,634)	(164,639)
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates	52,107	53,959	103,291	124,316
Sales - third party	62,397	110,806	134,418	221,930
Net sales	114,504	164,765	237,709	346,246
Cost of sales	102,449	157,447	219,037	314,476
Gross profit	12,055	7,318	18,672	31,770
Research and development	1,914	2,903	4,345	5,673
Selling and administrative expenses	12,394	14,265	26,836	24,132
Impairments		121,570	35,381	121,570
Rationalizations	(626)	16	(300)	52
Operating loss	(1,627)	(131,436)	(47,590)	(119,657)
Other (income) expense, net	423	(4)	732	820
Interest expense - affiliate	145	210	305	436
Interest expense - third party	858	906	1,523	1,646
Interest income - affiliate	0	0	0	0
Interest income	(5)	0	(5)	0
Loss before provision for income taxes	(3,048)	(132,548)	(50,145)	(122,559)
(Benefit) provision for income taxes	(4,042)	9,847	(3,691)	14,399
Equity in earnings of subsidiary	(15,736)	(8,051)	(15,894)	(20,060)
Net loss	(14,742)	(150,446)	(62,348)	(157,018)
Statements of Comprehensive Income
Net income	(14,742)	(150,446)	(62,348)	(157,018)
Other comprehensive income (loss), net of tax:	7,557	239	(21,209)	2,311
Comprehensive loss	(7,185)	(150,207)	(83,557)	(154,707)
Non-Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates	15,572	33,364	42,346	68,571
Sales - third party	102,725	173,378	237,915	343,045
Net sales	118,297	206,742	280,261	411,616
Cost of sales	114,413	196,107	262,231	399,739
Gross profit	3,884	10,635	18,030	11,877
Research and development	0	0	0	0
Selling and administrative expenses	12,859	17,872	24,707	37,912
Impairments		0	0	0
Rationalizations	2,395	815	4,563	865
Operating loss	(11,370)	(8,052)	(11,240)	(26,900)
Other (income) expense, net	276	(37)	360	(67)
Interest expense - affiliate	0	0	0	0
Interest expense - third party	117	246	211	553
Interest income - affiliate	0	0	0	0
Interest income	(268)	(55)	(341)	(113)
Loss before provision for income taxes	(11,495)	(8,206)	(11,470)	(27,273)
(Benefit) provision for income taxes	4,241	(155)	4,424	(7,213)
Equity in earnings of subsidiary	0	0	0	0
Net loss	(15,736)	(8,051)	(15,894)	(20,060)
Statements of Comprehensive Income
Net income	(15,736)	(8,051)	(15,894)	(20,060)
Other comprehensive income (loss), net of tax:	6,623	45	(22,207)	2,522
Comprehensive loss	(9,113)	(8,006)	(38,101)	(17,538)
Consolidating Entries and Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates	(67,679)	(87,323)	(145,637)	(192,887)
Sales - third party	0	0	0	0
Net sales	(67,679)	(87,323)	(145,637)	(192,887)
Cost of sales	(67,679)	(87,323)	(145,637)	(192,887)
Gross profit	0	0	0	0
Research and development	0	0	0	0
Selling and administrative expenses	0	0	0	0
Impairments		0	0	0
Rationalizations	0	0	0	0
Operating loss	0	0	0	0
Other (income) expense, net	0	0	0	0
Interest expense - affiliate	(145)	(210)	(305)	(436)
Interest expense - third party	0	0	0	0
Interest income - affiliate	145	210	305	436
Interest income	0	0	0	0
Loss before provision for income taxes	0	0	0	0
(Benefit) provision for income taxes	0	0	0	0
Equity in earnings of subsidiary	30,478	158,497	78,242	177,078
Net loss	30,478	158,497	78,242	177,078
Statements of Comprehensive Income
Net income	30,478	158,497	78,242	177,078
Other comprehensive income (loss), net of tax:	(14,180)	(284)	43,416	(4,833)
Comprehensive loss	$ 16,298	$ 158,213	$ 121,658	$ 172,245

Guarantor Infromation (Cash Flo

Guarantor Infromation (Cash Flows) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities	$ 24,220	$ 55,900
Cash flow from investing activities:
(Loans to) repayments from affiliates	0	0
Capital expenditures	(25,620)	(46,464)
Proceeds from Sale of Productive Assets	638	2,523
Proceeds from derivative instruments	(7,804)	(194)
Insurance recoveries	0	2,834
Net cash used in investing activities	(32,786)	(41,301)
Cash flow from financing activities:
Repayments to affiliates	0
Loans from (repayments to) affiliates		0
Short-term debt borrowings	4,506	(1,019)
Revolving Facility borrowings	74,000	209,000
Revolving Facility reductions	(66,000)	(205,000)
Principal payments on long term debt	(67)	(126)
Supply chain financing	0	(9,455)
Proceeds from exercise of stock options	0	2,813
Purchase of treasury shares	(63)	(435)
Revolving Facility refinancing	(2,722)	(2,636)
Other	(2,850)	918
Net cash provided by financing activities	6,804	(5,940)
Net (decrease) increase in cash and cash equivalents	(1,762)	8,659
Effect of exchange rate changes on cash and cash equivalents	(1,283)	181
Cash and cash equivalents at beginning of period	17,550	11,888
Cash and cash equivalents at end of period	14,505	20,728
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities	(7,355)	(11,480)
Cash flow from investing activities:
(Loans to) repayments from affiliates	7,418	8,184
Capital expenditures	0	0
Proceeds from Sale of Productive Assets	0
Proceeds from derivative instruments	0	0
Insurance recoveries	0	0
Net cash used in investing activities	7,418	8,184
Cash flow from financing activities:
Repayments to affiliates	0
Loans from (repayments to) affiliates	0	0
Short-term debt borrowings	0	0
Revolving Facility borrowings	0	0
Revolving Facility reductions	0	0
Principal payments on long term debt	0	0
Supply chain financing	0	0
Proceeds from exercise of stock options	0	2,813
Purchase of treasury shares	(63)	(435)
Revolving Facility refinancing	0	0
Other	0	918
Net cash provided by financing activities	(63)	3,296
Net (decrease) increase in cash and cash equivalents	0	0
Effect of exchange rate changes on cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	0	0
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities	22,992	33,155
Cash flow from investing activities:
(Loans to) repayments from affiliates	0	0
Capital expenditures	(16,994)	(31,882)
Proceeds from Sale of Productive Assets	397	0
Proceeds from derivative instruments	(7,595)	74
Insurance recoveries	0	0
Net cash used in investing activities	(24,192)	(31,808)
Cash flow from financing activities:
Repayments to affiliates	(7,418)
Loans from (repayments to) affiliates	0	(8,184)
Short-term debt borrowings	2,001	(23)
Revolving Facility borrowings	62,000	131,000
Revolving Facility reductions	(54,000)	(124,000)
Principal payments on long term debt	(67)	(66)
Supply chain financing	0	0
Proceeds from exercise of stock options	0	0
Purchase of treasury shares	0	0
Revolving Facility refinancing	(2,691)	(2,320)
Other	(2,850)	0
Net cash provided by financing activities	(3,025)	(3,593)
Net (decrease) increase in cash and cash equivalents	(4,225)	(2,246)
Effect of exchange rate changes on cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	5,503	4,752
Cash and cash equivalents at end of period	1,278	2,506
Non-Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities	36,293	34,225
Cash flow from investing activities:
(Loans to) repayments from affiliates	0	0
Capital expenditures	(8,626)	(14,582)
Proceeds from Sale of Productive Assets	241	2,523
Proceeds from derivative instruments	(209)	(268)
Insurance recoveries	0	2,834
Net cash used in investing activities	(8,594)	(9,493)
Cash flow from financing activities:
Repayments to affiliates	0
Loans from (repayments to) affiliates	(27,710)	0
Short-term debt borrowings	2,505	(996)
Revolving Facility borrowings	12,000	78,000
Revolving Facility reductions	(12,000)	(81,000)
Principal payments on long term debt	0	(60)
Supply chain financing	0	(9,455)
Proceeds from exercise of stock options	0	0
Purchase of treasury shares	0	0
Revolving Facility refinancing	(31)	(316)
Other	0	0
Net cash provided by financing activities	(25,236)	(13,827)
Net (decrease) increase in cash and cash equivalents	2,463	10,905
Effect of exchange rate changes on cash and cash equivalents	(1,283)	181
Cash and cash equivalents at beginning of period	12,047	7,136
Cash and cash equivalents at end of period	13,227	18,222
Consolidating Entries and Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities	(27,710)	0
Cash flow from investing activities:
(Loans to) repayments from affiliates	(7,418)	(8,184)
Capital expenditures	0	0
Proceeds from Sale of Productive Assets	0
Proceeds from derivative instruments	0	0
Insurance recoveries	0	0
Net cash used in investing activities	(7,418)	(8,184)
Cash flow from financing activities:
Repayments to affiliates	7,418
Loans from (repayments to) affiliates	27,710	8,184
Short-term debt borrowings	0	0
Revolving Facility borrowings	0	0
Revolving Facility reductions	0	0
Principal payments on long term debt	0	0
Supply chain financing	0	0
Proceeds from exercise of stock options	0	0
Purchase of treasury shares	0	0
Revolving Facility refinancing	0	0
Other	0	0
Net cash provided by financing activities	35,128	8,184
Net (decrease) increase in cash and cash equivalents	0	0
Effect of exchange rate changes on cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	$ 0	$ 0

Subsequent Events (Details)

Subsequent Events (Details)	Jul. 28, 2015USD ($)	Feb. 27, 2015USD ($)	Jun. 30, 2015USD ($)$ / shares	May. 17, 2015$ / shares
Preferred Stock
Subsequent Event [Line Items]
Value of shares authorized for transaction			$ 150,000,000
Conversion price (usd per share) | $ / shares			$ 5	$ 5.05
Amended and Restated Credit Agreement
Subsequent Event [Line Items]
Line of Credit Facility, Covenant Terms, Minimum Cash Interest Coverage Ratio		2.50
Line of Credit Facility, Covenant Terms, Range of Maximum Senior Secured Leverage Ratio, Minimum		3.75
Line of Credit Facility, Covenant Terms, Range of Maximum Senior Secured Leverage Ratio, Maximum		3
Amended and Restated Credit Agreement | Revolving Credit Facility
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 400,000,000
Amended and Restated Credit Agreement July 2015 [Member] | Subsequent Event
Subsequent Event [Line Items]
Line of Credit Facility, Covenant Terms, Range of Maximum Senior Secured Leverage Ratio, Minimum	5.75
Line of Credit Facility, Covenant Terms, Range of Maximum Senior Secured Leverage Ratio, Maximum	3
Amended and Restated Credit Agreement July 2015 [Member] | Revolving Credit Facility | Subsequent Event
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 375,000,000
Maximum | Amended and Restated Credit Agreement
Subsequent Event [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		0.50%
Maximum | Amended and Restated Credit Agreement July 2015 [Member] | Subsequent Event
Subsequent Event [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.70%
Line of Credit Facility, Covenant Terms, Minimum Cash Interest Coverage Ratio	2.50
Minimum | Amended and Restated Credit Agreement
Subsequent Event [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		0.35%
Minimum | Amended and Restated Credit Agreement July 2015 [Member] | Subsequent Event
Subsequent Event [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.35%
Line of Credit Facility, Covenant Terms, Minimum Cash Interest Coverage Ratio	1.50
LIBOR | Maximum | Amended and Restated Credit Agreement
Subsequent Event [Line Items]
Debt Instrument, Basis Spread on Variable Rate		3.75%
LIBOR | Maximum | Amended and Restated Credit Agreement July 2015 [Member] | Subsequent Event
Subsequent Event [Line Items]
Debt Instrument, Basis Spread on Variable Rate	4.75%
LIBOR | Minimum | Amended and Restated Credit Agreement
Subsequent Event [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.25%
LIBOR | Minimum | Amended and Restated Credit Agreement July 2015 [Member] | Subsequent Event
Subsequent Event [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.25%

Preferred Shares and Tender O67

Preferred Shares and Tender Offer (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	May. 17, 2015	Dec. 31, 2014
Max Reimbursement to Acquiror		$ 500,000
Preferred Stock, Liquidation Preference, Value	$ 1,000	1,000
Payments of Stock Issuance Costs		2,900,000
Payments of Stock Issuance Costs		$ 2,700,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01	$ 0.01	$ 0.01
merger termination fee	$ 20,000,000
Preferred Stock [Member]
Sale of Stock, Value of Shares Authorized for Transaction	$ 150,000,000	$ 150,000,000
Convertible Preferred Stock, Conversion Price	$ 5	$ 5	$ 5.05