GrafTech International (EAF) 10-Q 28 Jul 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 15, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Entity Current Reporting Status	Yes
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
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		100

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 13,409,000	$ 6,927,000
Inventories	187,240,000	218,130,000
Current assets of discontinued operations	92,873,000	98,281,000
Total current assets	397,615,000	426,885,000
Net property, plant and equipment	537,298,000	551,163,000
Deferred income taxes	18,476,000	15,326,000
Goodwill	171,117,000	172,059,000
Other assets	147,767,000	152,613,000
Long-term assets of discontinued operations		103,975,000
Total assets	1,272,273,000	1,422,021,000
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	45,233,000	40,147,000
Short-term debt	16,482,000	4,772,000
Accrued income and other taxes	5,562,000	5,933,000
Rationalizations	401,000	1,195,000
Other accrued liabilities	25,063,000	20,994,000
Short-term liabilities of discontinued operations	19,315,000	23,082,000
Total current liabilities	112,056,000	96,123,000
Long-term debt	363,975,000	362,455,000
Other long-term obligations	91,177,000	94,318,000
Deferred income taxes	47,609,000	57,430,000
Stockholders’ equity:
Total stockholders’ equity	657,456,000	810,528,000
Total liabilities and stockholders’ equity	1,272,273,000	1,422,021,000
Successor
ASSETS
Cash and cash equivalents	13,409,000	6,927,000
Accounts and notes receivable, net of allowance for doubtful accounts of $300 as of December 31, 2015 and $412 as of June 30, 2016	80,459,000	82,390,000
Inventories	187,240,000	218,130,000
Prepaid expenses and other current assets	23,634,000	21,157,000
Current assets of discontinued operations	92,873,000	98,281,000
Total current assets	397,615,000	426,885,000
Property, plant and equipment	585,504,000	571,329,000
Less: accumulated depreciation	48,206,000	20,166,000
Net property, plant and equipment	537,298,000	551,163,000
Deferred income taxes	18,476,000	15,326,000
Goodwill	171,117,000	172,059,000
Other assets	147,767,000	152,613,000
Long-term assets of discontinued operations	0	103,975,000
Total assets	1,272,273,000	1,422,021,000
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	45,233,000	40,147,000
Short-term debt	16,482,000	4,772,000
Accrued income and other taxes	5,562,000	5,933,000
Rationalizations	401,000	1,195,000
Other accrued liabilities	25,063,000	20,994,000
Short-term liabilities of discontinued operations	19,315,000	23,082,000
Total current liabilities	112,056,000	96,123,000
Long-term debt	363,975,000	362,455,000
Other long-term obligations	91,177,000	94,318,000
Deferred income taxes	47,609,000	57,430,000
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent	0	1,167,000
Contingencies – Note 10	0
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, 100 shares issued as of December 31, 2015 and June 30, 2016	0	0
Additional paid-in capital	854,337,000	854,337,000
Accumulated other comprehensive (loss) income	1,446,000	(10,255,000)
Accumulated deficit	(198,327,000)	(33,554,000)
Total stockholders’ equity	657,456,000	810,528,000
Total liabilities and stockholders’ equity	$ 1,272,273,000	$ 1,422,021,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Predecessor
Accounts and notes receivable, net of allowance for doubtful accounts		$ 300
Preferred stock, par value		$ 0.01
Preferred stock, shares authorized		100,000,000
Preferred stock, shares issued		0
Common stock, par value		$ 0.01
Common stock, shares authorized		225,000,000
Common stock, shares issued		100
Successor
Accounts and notes receivable, net of allowance for doubtful accounts	$ 412
Preferred stock, par value	$ 0.01
Preferred stock, shares authorized	100,000,000
Preferred stock, shares issued	0
Common stock, par value	$ 0.01
Common stock, shares authorized	225,000,000
Common stock, shares issued	100

Consolidated Statements Of Oper

Consolidated Statements Of Operations And Comprehensive Loss - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Loss from continuing operations before provision for income taxes					$ (65,420)
Predecessor
Net sales			$ 125,809		288,303
Cost of sales			111,591		257,593
Lower of cost or market inventory adjustment			0		0
Gross profit			14,218		30,710
Research and development			1,150		2,667
Selling and administrative expenses			19,709		39,798
Rationalizations			26		(53)
Impairments			0		35,381
Operating loss			(6,615)		(47,189)
Other expense (income), net			733		1,151
Interest expense			8,796		17,421
Interest income			(268)		(341)
Loss from continuing operations before provision for income taxes			(15,876)		(65,420)
Provision for income taxes			1,239		1,219
Net loss from continuing operations			(17,115)		(66,639)
Loss from discontinued operations, net of tax	[1]		(5,702)		(11,786)
Net loss			(22,817)		(78,425)
Other comprehensive income:
Net loss			(22,817)		(78,425)
Foreign currency translation adjustments			7,515		(22,096)
Commodities and foreign currency derivatives and other, net of tax of ($154) and $0, respectively			42		887
Other comprehensive (loss) income, net of tax			7,557		(21,209)
Comprehensive (loss) income			(15,260)		(99,634)
Successor
Net sales		$ 115,365		$ 210,941
Cost of sales		120,266		217,696
Lower of cost or market inventory adjustment		3,504		14,625
Gross profit		(8,405)		(21,380)
Research and development		786		1,438
Selling and administrative expenses		13,487		27,157
Rationalizations		64		(58)
Impairments		0		0
Operating loss		(22,614)		(50,033)
Other expense (income), net		(1,198)		(960)
Interest expense		6,436		12,896
Interest income		0		(12)
Loss from continuing operations before provision for income taxes		(27,852)		(61,957)
Provision for income taxes		(5,591)		(5,886)
Net loss from continuing operations		(22,261)		(56,071)
Loss from discontinued operations, net of tax	[1]	(106,138)		(108,702)
Net loss		(128,399)		(164,773)
Other comprehensive income:
Net loss		(128,399)		(164,773)
Foreign currency translation adjustments		(830)		11,674
Commodities and foreign currency derivatives and other, net of tax of ($154) and $0, respectively		(106)		27
Other comprehensive (loss) income, net of tax		(936)		11,701
Comprehensive (loss) income		(129,335)		(153,072)
Engineered Solutions [Member] | Discontinued Operations, Held-for-sale [Member]
Other comprehensive income:
Impairment		$ 105,600	$ 0	$ 105,600	$ 0
[1]	Loss on discontinued operations includes a pretax impairment charge of $105,600 in the three and six months ended June 30, 2016. See Note 3 "Discontinued Operations and Related Assets Held for Sale"

Consolidated Statements Of Ope5

Consolidated Statements Of Operations And Comprehensive Loss (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Predecessor
Commodities and foreign currency derivatives, net of tax of		$ (154)
Successor
Commodities and foreign currency derivatives, net of tax of	$ 0

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flow from financing activities:
Cash and cash equivalents at beginning of period	$ 6,927
Cash and cash equivalents at end of period	13,409
Predecessor
Cash flow from operating activities:
Net loss		$ (78,425)
Adjustments to reconcile net loss to cash provided by operations:
Depreciation and amortization		39,384
Impairments		35,381
Lower of cost or market inventory adjustment, net of depreciation		0
Deferred income tax provision		(4,947)
Post-retirement and pension plan changes		2,252
Stock-based compensation		2,628
Interest expense		7,699
Other charges, net		(1,321)
Net change in working capital		30,395
Increase in long-term assets and liabilities		(8,826)
Net cash provided by operating activities		24,220
Cash flow from investing activities:
Capital expenditures		(25,620)
Proceeds from the sale of assets		638
Derivative instrument settlements, net		(7,804)
Net cash used in investing activities		(32,786)
Cash flow from financing activities:
Short-term debt, net		4,506
Revolving Facility borrowings		74,000
Revolving Facility reductions		(66,000)
Principal payments on long-term debt		(67)
Revolving Facility refinancing fees		(2,722)
Other		(2,850)
Net cash provided by financing activities		6,804
Net change in cash and cash equivalents		(1,762)
Effect of exchange rate changes on cash and cash equivalents		(1,283)
Cash and cash equivalents at beginning of period		17,550
Cash and cash equivalents at end of period		14,505
Change in current assets:
Accounts and notes receivable, net		34,858
Inventories		3,274
Prepaid expenses and other current assets		6,238
Change in accounts payable and accruals		(11,806)
Rationalizations		(2,183)
Increase in interest payable		14
Net change in working capital		$ 30,395
Successor
Cash flow from operating activities:
Net loss	(164,773)
Adjustments to reconcile net loss to cash provided by operations:
Depreciation and amortization	43,228
Impairments	105,600
Lower of cost or market inventory adjustment, net of depreciation	12,758
Deferred income tax provision	(9,091)
Post-retirement and pension plan changes	2,102
Stock-based compensation	0
Interest expense	3,203
Other charges, net	(2,646)
Net change in working capital	24,506
Increase in long-term assets and liabilities	(3,702)
Net cash provided by operating activities	11,185
Cash flow from investing activities:
Capital expenditures	(15,140)
Proceeds from the sale of assets	557
Derivative instrument settlements, net	(721)
Net cash used in investing activities	(15,304)
Cash flow from financing activities:
Short-term debt, net	11,004
Revolving Facility borrowings	32,000
Revolving Facility reductions	(32,000)
Principal payments on long-term debt	(69)
Revolving Facility refinancing fees	(922)
Other	0
Net cash provided by financing activities	10,013
Net change in cash and cash equivalents	5,894
Effect of exchange rate changes on cash and cash equivalents	588
Cash and cash equivalents at beginning of period	6,927
Cash and cash equivalents at end of period	13,409
Change in current assets:
Accounts and notes receivable, net	5,211
Inventories	17,122
Prepaid expenses and other current assets	(2,580)
Change in accounts payable and accruals	6,840
Rationalizations	(2,137)
Increase in interest payable	50
Net change in working capital	$ 24,506

Organization And Summary Of Sig

Organization And Summary Of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
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. On February 26, 2016, the Company announced it plans to realign its two business segments. Industrial Materials will now be comprised of graphite electrodes and needle coke products. Engineered Solutions will now be comprised of advanced graphite materials, advanced composite materials, advanced electronic technologies, and refractory products. Refractory products was previously included in the Industrial Materials business segment. Advanced materials products will now be a part of the business segment where these products are produced. This realignment of the business segments will allow the Company to better direct its resources and simplify its operations. The Industrial Materials business segment will continue to focus on being the lowest cost producer providing the best quality of graphite electrodes in a very challenging market. The Engineered Solutions business segment will continue to leverage the intellectual property of carbon and graphite material science to innovate and commercialize advanced technologies and new products in high growth markets. The Company also announced that it plans to review strategic alternatives for its Engineered Solutions business segment. This process is currently under way. See Note 3 "Discontinued Operations and Assets Held for Sale" for further information. 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, 2015 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, 2015 (the “Annual Report”) but does not include all disclosures required by GAAP in audited financial statements. 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 periods 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. Predecessor and Successor Reporting On August 17, 2015, the Company was acquired by affiliates of Brookfield Asset Management Inc. (see Note 2 " Preferred Share Issuance and Merger "). We elected to account for the acquisition under the acquisition method of accounting. Under the acquisition method of accounting, the assets and liabilities of GTI were adjusted to their fair market value as of August 15, 2015, the day that Brookfield effectively took control of the Company. Our consolidated statements of operations subsequent to the acquisition include amortization expense relating to the fair value adjustments and depreciation expense based on the fair value of the Company's property, plant and equipment that had previously been carried at historical cost less accumulated depreciation. Therefore, the Company's financial information prior to the acquisition is not comparable to the financial information subsequent to the Merger. As a result, the financial statements and certain note presentations are separated into two distinct periods, the period before the consummation of the acquisition (labeled "Predecessor") and the period after the date of acquisition (labeled "Successor"), to indicate the application of the different basis of accounting between the periods presented. D. New Accounting Standards In May 2014, the 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 was expected 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. In April 2015, the 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 with early adoption permitted. We had no capitalized debt issuance costs as of December 31, 2015. We adopted this ASU as of January 1, 2016, and adoption resulted in no significant impact on the Company's financial position, results of operations or cash flows. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). Under this new guidance, a company will now recognize most leases on its balance sheet as lease liabilities with corresponding right-of-use assets. This ASU is effective for us beginning after January 1, 2019. The Company is currently evaluating the impact of the adoption of this standard on its financial position, results of operations or cash flows.

Preferred Share Issuance and Me

Preferred Share Issuance and Merger (Notes)	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	(2) Preferred Share Issuance and Merger Preferred Stock On August 11, 2015, the Company issued and sold to BCP IV GrafTech Holdings LP ("BCP"), an affiliate of Brookfield Asset Management Inc. (“Brookfield”) (i) 136,616 shares of a new Series A Convertible Preferred Stock, par value $0.01 per share (the “Series A Preferred Stock”), convertible into 19.9% of the shares of common stock of the Company outstanding immediately prior to such issuance and (ii) 13,384 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”), for an aggregate purchase price of $150,000,000 in cash (the “Purchase Price”), under the Investment Agreement dated May 4, 2015 (the “Investment Agreement”) between the Company and Brookfield. The closing of such issuance and sale occurred after the satisfaction of the closing conditions set forth in the Investment Agreement. Pursuant to the Investment Agreement, the Company reimbursed Brookfield for $500,000 of out-of-pocket fees and expenses (including fees and expenses of legal counsel) incurred by Brookfield in connection with the transaction. The proceeds from the issuance and sale were used by the Company, along with funds available under the Company’s $40 million delayed draw term loan facility, senior revolving credit facility and cash on hand, to prepay the Company’s $200 million Senior Subordinated Notes due November 30, 2015. Merger Agreement On May 18, 2015, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”), dated May 17, 2015, with BCP and Athena Acquisition Subsidiary Inc. a wholly owned subsidiary of BCP (“Acquisition Sub”). Pursuant to the Merger Agreement, on May 26, 2015, BCP commenced a cash tender offer to purchase any and all of the outstanding shares of common stock, par value $0.01 per share (the “Shares”), of the Company, at a purchase price of $5.05 per Share in cash (the “Offer Price”), on the terms and subject to the conditions set forth in the Offer to Purchase, dated May 26, 2015 (together with any amendments and supplements thereto, the “Offer to Purchase”) and in the related Letter of Transmittal (the “Letter of Transmittal” and, together with the Offer to Purchase, the “Offer”). On August 14, 2015, Acquisition Sub accepted for payment all Shares validly tendered in the Offer and not withdrawn prior to the expiration of the Offer, and payment of the Offer Price for such Shares was made promptly. On August 17, 2015, Acquisition Sub merged with and into the Company, with the Company surviving as a wholly-owned subsidiary of BCP (the "Merger"). Pursuant to the Merger Agreement, upon consummation of the Merger, each Share that was not tendered and accepted pursuant to the Offer (other than canceled shares, dissenting shares and shares held by the Company’s subsidiaries or BCP’s subsidiaries (other than Acquisition Sub)) was canceled and converted into cash consideration in an amount equal to the Offer Price. Business Combination The computation of the fair value of the total consideration at the date of acquisition follows: Purchase Consideration (In thousands except share price) # Shares Unit Price Amount Convertible Preferred Equity Series A and B 150 $ 1,000.00 $ 150,000 Common Equity Common Shares 139,397 $ 5.05 $ 703,955 Net value of options $ 382 Total $ 854,337 Recording of assets acquired and liabilities assumed: The acquisition was accounted for using the acquisition method of accounting. Under the acquisition method, the identifiable assets acquired and the liabilities assumed are assigned a new basis of accounting reflecting their estimated fair values. The information included herein has been prepared based on the allocation of purchase price using estimates of the fair values and useful lives of assets acquired and liabilities assumed based on the best available information determined with the assistance of independent valuations, quoted market prices and management estimates. The following table summarizes the fair values of the identifiable assets acquired and liabilities assumed at the acquisition date: Net identifiable assets acquired Cash $ 25,032 Accounts receivable 94,298 Inventories 344,765 Property, plant and equipment 650,405 Intangible assets 155,700 Deferred tax assets 41,606 Prepaid and other current assets 49,716 Other non-current assets 8,428 Accounts payable (68,005 ) Short-term debt (18,779 ) Other accrued liabilities (53,252 ) Long-term debt (367,811 ) Other long-term liabilities (101,648 ) Deferred tax liabilities (79,235 ) Net identifiable assets acquired $ 681,220 Goodwill $ 173,117 Net assets acquired $ 854,337 Goodwill: Goodwill of approximately $173.1 million was recognized for the acquisition and is calculated as the excess of the consideration transferred over the net assets acquired and represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. Goodwill was increased by $1.1 million in March 2016, as a result of a decreased inventory valuation of $2.0 million offset by an increase to deferred tax assets of $0.9 million.

Discontinued Operations and Rel

Discontinued Operations and Related Assets Held for Sale	6 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Discontinued Operations and Related Assets Held for Sale On February 26, 2016, the Company announced that it had initiated a strategic review of its Engineered Solutions business segment to better direct its resources and simplify its operations. Any potential sale of assets was prohibited by the Revolving Facility without approval of the requisite lenders thereunder. On April 27, 2016, GrafTech and certain of its subsidiaries entered into an amendment to the Revolving Facility (see Note 8 "Debt and Liquidity") which, among other things, permits the sale of assets with the restriction that the proceeds be utilized to pay down revolver borrowings. As of June 30, 2016, the Engineered Solutions segment qualified for reporting as discontinued operations. We anticipate this intiative to be completed within the next 12 months, and as such, the assets and liabilities have all been classified as current. We evaluated the fair value of the Engineered Solutions business segment utilizing the market approach (Level 3 measure). As a result, we incurred an impairment charge to our Engineered Solutions business segment of $105.6 million to align the carrying value with estimated fair value as of June 30, 2016. The impairment charge is based upon Management’s best estimate of fair value less cost of disposal for the ES business. The estimate reflects Management’s view of the manner in which the Engineered Solutions business will be divested, including assumptions as to if and how it will be split, given the lines of business and asset groups that constitute the Engineered Solutions segment. Amongst other things, the split into groups influences the computation of the impairment charge. The impairment charge and resulting loss in the three months ended June 30, 2016 is not offset by expected gains on certain group(s), and as a result may or may not later be partially offset through gains depending on the outcome of the divestiture. These assumptions and estimates are subject to change until divestiture is completed and may be adjusted in the quarter that the information becomes available. The following tables summarize the results of the Engineered Solutions business segment, reclassified as discontinued operations for the three and six months ended June 30, 2015 and 2016 . For the Three Months Ended June 30, 2015 For the Three Months Ended (dollars in thousands) Net sales $ 39,313 $ 29,930 Cost of sales 37,591 24,569 Gross profit 1,722 5,361 Research and development 764 813 Selling and administrative expenses 5,544 5,314 Rationalizations 1,794 (255 ) Impairment — 105,600 Operating loss (6,380 ) (106,111 ) Other expense (income) (37 ) (81 ) Interest expense 399 951 Loss from discontinued operations before income taxes (6,742 ) (106,981 ) Benefit from income taxes on discontinued operations 1,040 843 Loss from discontinued operations $ (5,702 ) $ (106,138 ) For the Six For the Six Months Ended (dollars in thousands) Net sales $ 84,030 $ 59,019 Cost of sales 78,037 50,554 Gross profit 5,993 8,465 Research and development 1,679 1,691 Selling and administrative expenses 11,745 9,760 Rationalizations 4,210 (246 ) Impairment — 105,600 Operating loss (11,641 ) (108,340 ) Other expense (income) (64 ) (72 ) Interest expense 695 1,670 Loss from discontinued operations before income taxes (12,272 ) (109,938 ) Benefit from income taxes on discontinued operations 486 1,236 Loss from discontinued operations $ (11,786 ) $ (108,702 ) The significant components of our Statements of Cash Flows for the Engineered Solutions business segment held for sale are as follows: For the Six For the Six Months Ended (dollars in thousands) Depreciation and amortization $ 7,330 $ 3,052 Impairment — 105,600 Deferred income taxes (486 ) (1,236 ) Capital expenditures 9,413 2,513 The following table summarizes the carrying value of the assets and liabilities of discontinued operations as of December 31, 2015 and June 30, 2016 . As of December 31, 2015 As of June 30, 2016 (dollars in thousands) Current assets of discontinued operations: Accounts receivable $ 20,425 $ 19,030 Inventories 77,332 77,656 Prepaid expenses and other current assets 524 924 Total current assets of discontinued operations 98,281 97,610 Net property plant and equipment 86,369 86,595 Other assets 17,606 14,268 Total long-term assets of discontinued operations 103,975 100,863 Impairment upon reclassification to held for sale — (105,600 ) Total assets of discontinued operations $ 202,256 $ 92,873 Liabilities of discontinued operations: Accounts payable $ 9,331 $ 6,499 Accrued income and other taxes 3,113 2,500 Other accrued liabilities 10,638 9,336 Total current liabilities of discontinued operations 23,082 18,335 Other long-term obligations 1,167 980 Total liabilities of discontinued operations $ 24,249 $ 19,315

Rationalizations

Rationalizations	6 Months Ended
	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Rationalizations	Rationalizations Throughout 2013, 2014 and 2015 the Company undertook rationalization plans in order to streamline its organization and lower its production costs. The majority of these initiatives were substantially complete as of June 30, 2016. The rationalization liability as of June 30, 2016 was $1.0 million consisting of the plan described below and severance payouts related to prior rationalization plans. In June of 2016, we further impaired assets related to our South African facility by $0.6 million to reflect a decline in market value. 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 were disbursed in 2015. We incurred charges of $3.2 million and $5.8 million in the three months and six months ended June 30, 2015 . We incurred insignificant charges for this plan during the three and six months ended June 30, 2016 . The remaining liability associated with this plan is $0.6 million as of June 30, 2016 .

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2016
Segment Reporting Information, Revenue for Reportable Segment [Abstract]
Segment Reporting	Segment Reporting We operate two reportable business segments: Industrial Materials and Engineered Solutions. On February 26, 2016, the Company announced plans to realign its business segments (see Note 1A "Organization and Summary of Significant Accounting Policies"). As a result of this realignment, our refractory product line was moved from the Industrial Materials business segment to the Engineered Solutions business segment. Additionally, advanced materials products will now be a part of the business segment where these products are produced. All prior period amounts have been recast to reflect this change. Our business segments now consist of the following: Industrial Materials. Our Industrial Materials segment manufactures and delivers high quality graphite electrodes and needle coke products. Electrodes are key components of the conductive power systems used to produce steel and other non-ferrous metals. 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 refractory products. 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. 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. During the second quarter of 2016, our Engineered Solutions segment qualified as held for sale status and as such our Engineered Solution's results have been excluded from continuing operations. See Note 3 "Discontinued Operations and Assets Held for Sale" for significant components of the results of our Engineered Solutions segment. The following tables summarize financial information concerning our reportable segments and all prior periods have been recast to reflect our new segmentation: Predecessor Successor Predecessor Successor For the Three Months Ended June 30, For the Six Months 2015 2016 2015 2016 (Dollars in thousands) (Dollars in thousands) Net sales to external customers: Industrial Materials $ 125,809 $ 115,365 $ 288,303 $ 210,941 Operating (loss) income: Industrial Materials $ 4,632 $ (16,291 ) $ (22,312 ) $ (36,538 ) Corporate, R&D and Other expenses (11,247 ) (6,323 ) (24,877 ) (13,495 ) Total operating loss $ (6,615 ) $ (22,614 ) $ (47,189 ) $ (50,033 ) Reconciliation of segment operating loss to loss before provision for income taxes Other expense (income), net $ 733 $ (1,198 ) $ 1,151 $ (960 ) Interest expense 8,796 6,436 17,421 12,896 Interest income (268 ) — (341 ) (12 ) Loss from continuing operations before provision for income taxes $ (15,876 ) $ (27,852 ) $ (65,420 ) $ (61,957 )

Benefit Plans

Benefit Plans	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Benefit Plans	Benefit Plans The components of our consolidated net pension costs are set forth in the following table: Predecessor Successor Predecessor Successor For the Three Months Ended June 30, For the Six 2015 2016 2015 2016 (Dollars in thousands) (Dollars in thousands) Service cost $ 506 $ 508 $ 1,333 $ 1,016 Interest cost 1,526 1,498 3,052 2,996 Expected return on plan assets (1,354 ) (1,310 ) (2,708 ) (2,620 ) Amortization of prior service cost 1 — 2 — Net cost $ 679 $ 696 $ 1,679 $ 1,392 The components of our consolidated net postretirement costs are set forth in the following table: Predecessor Successor Predecessor Successor For the Three Months Ended June 30, For the Six Months Ended June 30, 2015 2016 2015 2016 (Dollars in thousands) (Dollars in thousands) Service cost $ 4 $ 1 $ 8 $ 2 Interest cost 315 272 630 543 Amortization of prior service cost (43 ) — (86 ) — Net cost $ 276 $ 273 $ 552 $ 545

Goodwill And Other Intangible A

Goodwill And Other Intangible Assets	6 Months Ended
	Jun. 30, 2016
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 (for example, graphite electrodes, needle coke, etc.) 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. 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 further compressed our margins for needle coke products versus our annual plan. We determined that this change, which was driven by overcapacity in the market, indicated that the needle coke industry is facing a deeper and longer trough than previously expected. We considered the additional price change as a triggering event and tested our needle coke goodwill for impairment as of March 31, 2015. This test resulted in an impairment charge for the remaining needle coke goodwill of $35.4 million . As a result of our acquisition by Brookfield, our goodwill and intangibles were revalued as of August 15, 2015. See Note 2 "Preferred Share Issuance and Merger" for description of the Merger and the results of purchase price accounting. The following tables represents the changes in the carrying value of goodwill and intangibles during the predecessor entity period of January 1, 2015 through August 14, 2015 and the successor entity period of August 15, 2015 through June 30, 2016: Goodwill Predecessor (Dollars in Thousands) Balance as of December 31, 2014 $ 420,129 Impairment (35,381 ) Currency translation effect (616 ) Balance as of August 14, 2015 $ 384,132 Successor Balance as of August 15, 2015 $ 170,418 Adjustments 1,641 Balance as of December 31, 2015 $ 172,059 Adjustments (See Note 2) 1,058 Goodwill transferred to discontinued operations (2,000 ) Balance as of June 30, 2016 $ 171,117 Intangible Assets As of December 31, 2015 As of June 30, 2016 Gross Carrying Amount Accumulated Net Carrying Amount Gross Carrying Amount Accumulated Amortization & Impairment Net Carrying Amount (Dollars in Thousands) Trade name $ 22,000 $ (896 ) $ 21,104 $ 22,500 $ (2,075 ) $ 20,425 Technological know-how 54,100 (2,934 ) 51,166 55,300 (6,767 ) 48,533 Customer –related intangible 64,500 (1,602 ) 62,898 64,500 (3,937 ) 60,563 Total finite-lived intangible assets $ 140,600 $ (5,432 ) $ 135,168 $ 142,300 $ (12,779 ) $ 129,521 Amortization expense of acquired intangible assets was $4.4 million in the three months ended June 30, 2015 and $3.6 million in the three months ended June 30, 2016 and $8.7 million and $7.2 million in the six months ended June 30, 2015 and June 30, 2016 , respectively. Estimated amortization expense will approximate $13.6 million in the remainder of 2016, $12.9 million in 2017, $12.2 million in 2018, $11.4 million in 2019 and $10.7 million in 2020.

Debt And Liquidity

Debt And Liquidity	6 Months Ended
	Jun. 30, 2016
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, 2015 As of (Dollars in thousands) Credit Facility (Revolving Facility and Term Loan Facility) $ 98,000 $ 109,000 Senior Notes 267,827 270,961 Other Debt 1,400 496 Total Debt 367,227 380,457 Less: Short-term Debt (4,772 ) (16,482 ) Long-term Debt $ 362,455 $ 363,975 The fair value of debt, which was determined using Level 2 inputs, was $335.4 million versus a book value of $380.5 million as of June 30, 2016 . As a result of our acquisition by Brookfield and the resulting purchase price accounting adjustments (see Note 2 "Preferred Share Issuance and Merger"), our Senior Notes were adjusted to their fair market value as of August 15, 2015. The discount to fair value will be accreted over the remaining term of the Notes. Credit Facility On April 23, 2014, the Company and certain of its subsidiaries entered into an Amended and Restated Credit Agreement with a borrowing capacity of $400 million and a maturity date of April 2019 (the "Revolving Facility"). On February 27, 2015, GrafTech and certain of its subsidiaries entered into a further Amended and Restated Credit Agreement that provides for, among other things, greater financial flexibility and a $40 million senior secured delayed draw term loan facility (the "Term Loan Facility"). 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). In addition, effective upon such acquisition, the financial covenants were eased, resulting in increased availability under the Revolving Facility. The size of the Revolving Facility was also reduced from $400 million to $375 million . The size of the Term Loan Facility remained at $40 million . On April 27, 2016 , GrafTech and certain of its subsidiaries entered into an amendment to the Revolving Facility. The size of the Revolving Facility was permanently reduced from $375 million to $225 million . New covenants were also added to the Revolving Facility, including a requirement to make mandatory repayments of outstanding amounts under the Revolving Facility and the Term Loan Facility with the proceeds of any sale of all or any substantial part of the assets included in the Engineered Solutions segment and a requirement to maintain minimum liquidity (consisting of cash, cash equivalents and availability under the Revolving Facility) in excess of $25 million . The covenants were also modified to provide for: the elimination of certain exceptions to the Company’s negative covenants limiting the Company’s ability to make certain investments, sell assets, make restricted payments, incur liens and incur debt; a restriction on the amount of cash and cash equivalents permitted to be held on the balance sheet at any one time without paying down the Revolving Facility and the Term Loan Facility; and changes to the Company’s financial covenants so that until the earlier of March 31, 2019 or the Company has $75 million in trailing twelve month EBITDA (as defined in the Revolving Facility), the Company is required to maintain trailing twelve month EBITDA above certain minimums ranging from ( $40 million ) to $35 million after which the Company’s existing financial covenants under the Revolving Facility will apply. With this amendment, the Company has full access to the $225 million Revolving Facility. As of June 30, 2016 , the Company had $72.0 million of borrowings on the Revolving Facility and $13.5 million of letters of credit drawn against the Revolving Facility. The $40 million Term Loan Facility was fully drawn on August 11, 2015, in connection with the repayment of the Senior Subordinated Notes. The balance of the Term Loan Facility of $37.0 million as of June 30, 2016 . The interest rate applicable to the Revolving Facility and Term Loan 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. 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. The indenture for the Senior Notes states that 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. On August 17, 2015 a change in control occurred due to the Merger (see Note 2 to the Financial Statements). However, the downgrade of the ratings of the Senior Notes, as specified in the indenture, did not occur. Therefore, the Company was not and will not be required to offer to repurchase the Senior Notes as a result of the Merger. 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.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2016
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories are comprised of the following: As of December 31, 2015 As of June 30, 2016 (Dollars in thousands) Inventories: Raw materials and supplies $ 66,201 $ 60,080 Work in process 89,198 65,055 Finished goods 62,731 62,105 Total $ 218,130 $ 187,240 Due to decreased pricing in our graphite electrode product line, we recorded a lower of cost or market inventory adjustment of $3.5 million and $14.6 million in the three and six months ended June 30, 2016 , respectively.

Interest Expense

Interest Expense	6 Months Ended
	Jun. 30, 2016
Interest and Debt Expense [Abstract]
Interest Expense	Interest Expense The following tables present the components of interest expense: Predecessor Successor Predecessor Successor For the Three Months Ended June 30, 2015 For the Three Months Ended June 30, 2016 For the Six Months Ended June 30, 2015 For the Six Months Ended June 30, 2016 (Dollars in thousands) (Dollars in thousands) Interest incurred on debt $ 4,883 $ 4,819 $ 9,757 $ 9,716 Amortization of discount on Senior Subordinated Notes 3,261 — 6,468 — Accretion of fair value adjustment on Senior Notes — 1,571 — 3,134 Amortization of debt issuance costs 652 46 1,196 46 Total interest expense $ 8,796 $ 6,436 $ 17,421 $ 12,896 Interest Rates The Revolving Facility had an effective interest rate of 2.68% and 4.22% as of December 31, 2015 and June 30, 2016 , respectively. The Term Loan Facility had an interest rate of 2.49% as of December 31, 2015 and 4.22% as of June 30, 2016. The Senior Notes have a fixed interest rate of 6.375% .

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2016
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. 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, 2016 , are presented below: (Dollars in thousands) Balance as of December 31, 2015 $ 388 Product warranty adjustments 879 Payments and settlements (475 ) Balance as of June 30, 2016 $ 792

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2016
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 tables summarize the provision for income taxes for the three and six months ended June 30, 2015 and June 30, 2016 : Predecessor Successor Predecessor Successor For the Three Months Ended June 30, For the Six Months Ended June 30, 2015 2016 2015 2016 (Dollars in thousands) (Dollars in thousands) Tax (benefit) expense $ 1,239 $ (5,591 ) $ 1,219 $ (5,886 ) Pretax loss $ (15,876 ) $ (27,852 ) $ (65,420 ) $ (61,957 ) Effective tax rates (7.8 )% 20.1 % (1.9 )% 9.5 % For the three and six months ended June 30, 2016 , the effective tax rate differs from the U.S. statutory rate of 35% primarily due to recent losses in foreign jurisdictions where a tax benefit will be recognized, offset by recent losses in the U.S. and Switzerland where we receive no tax benefit due to a full valuation allowance and worldwide earnings from various countries taxed at different rates. The recognition of the valuation allowance does not result in or limit the Company's ability to utilize these tax assets in the future. The effective tax rate for the three and six months ended June 30, 2015 differs from the U.S. statutory rate of 35% primarily due to recent losses in the U.S. and Switzerland where we receive no tax benefit due to a full valuation allowance and worldwide earnings from various countries taxed at different rates. As of June 30, 2016 , we had unrecognized tax benefits of $3.9 million , $3.1 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 2009. We continue to assess the realization of our 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 established and maintained valuation allowances on those net deferred tax assets.

Derivative Instruments

Derivative Instruments	6 Months Ended
	Jun. 30, 2016
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. Our derivative risk management strategy has not resulted in a material impact to our financial results in 2015 or 2016. Our derivative assets and liabilities are included within "Prepaid expenses and other current assets" and "Other current liabilities" on the Condensed Consolidated Balance Sheets and effects of these derivatives are recorded in revenue, cost of goods sold and other expense (income) on the Condensed Consolidated Statements of Operations. 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, 2015 and 2016 , respectively. In 2015 and 2016 , 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, euro and Japanese yen. As of June 30, 2016 , we had outstanding Mexican peso, euro, and Japanese yen currency contracts with an aggregate notional amount of $33.2 million . The foreign currency derivatives outstanding as of June 30, 2016 have maturities that range from July, 2016 to September, 2016 . 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. As of June 30, 2016 , we had no outstanding derivative swap contracts for refined oil products or natural gas. 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 $11.8 million and $12.5 million as of December 31, 2015 and June 30, 2016 , respectively. Within the currency translation adjustment portion of other comprehensive income, we recorded a gain of $0.1 million for the three months ended June 30, 2015 , and we incurred no gain or loss in three months ended June 30, 2016 , resulting from these net investment hedges. We recorded a gain of $0.8 million in the six months ended June 30, 2015 and a loss of $0.6 million in the six months ended June 30, 2016 within other comprehensive income related to theses hedges.

Guarantor Information

Guarantor Information	6 Months Ended
	Jun. 30, 2016
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, 2015 and June 30, 2016 and condensed consolidating statements of operations and comprehensive income and statements of cash flows for the three months ended March 31, 2015 (Predecessor) and 2016 (Successor) of the Parent Guarantors and the Non-Guarantors. CONDENSED CONSOLIDATING BALANCE SHEETS As of December 31, 2015 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ — $ 646 $ 6,281 $ — $ 6,927 Accounts receivable - affiliates 51,592 9,803 19,505 (80,900 ) — Accounts receivable - trade — 7,599 74,791 — 82,390 Inventories — 54,613 163,517 — 218,130 Prepaid and other current assets — 7,913 13,244 — 21,157 Current assets of discontinued operations — 81,638 17,520 (877 ) 98,281 Total current assets 51,592 162,212 294,858 (81,777 ) 426,885 Investment in affiliates 1,068,027 668,113 — (1,736,140 ) — Property, plant and equipment — 209,633 341,530 — 551,163 Deferred income taxes — — 15,326 — 15,326 Goodwill — 72,399 99,660 — 172,059 Notes receivable - affiliate — 46,074 — (46,074 ) — Other assets — 79,367 73,246 — 152,613 Long-term assets of discontinued operations — 99,457 4,518 — 103,975 Total Assets $ 1,119,619 $ 1,337,255 $ 829,138 $ (1,863,991 ) $ 1,422,021 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable - affiliate $ 159 $ 71,099 $ 9,642 $ (80,900 ) $ — Accounts payable - trade — 11,191 28,956 — 40,147 Short-term debt — 4,636 136 — 4,772 Accrued income and other taxes — 2,824 3,109 — 5,933 Rationalizations — 995 200 — 1,195 Other accrued liabilities 2,444 4,847 13,703 — 20,994 Short-term liabilities of discontinued operations — 18,384 5,575 (877 ) 23,082 Total current liabilities 2,603 113,976 61,321 (81,777 ) 96,123 Long-term debt - affiliate 38,661 — 7,413 (46,074 ) — Long-term debt - third party 267,827 93,758 870 — 362,455 Other long-term obligations — 60,508 33,810 — 94,318 Deferred income taxes — 248 57,182 — 57,430 Long-term liabilities of discontinued operations — 738 429 — 1,167 Stockholders' equity 810,528 1,068,027 668,113 (1,736,140 ) 810,528 Total Liabilities and Stockholders' Equity $ 1,119,619 $ 1,337,255 $ 829,138 $ (1,863,991 ) $ 1,422,021 CONDENSED CONSOLIDATING BALANCE SHEETS As of June 30, 2016 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ — $ 737 $ 12,672 $ — $ 13,409 Accounts receivable - affiliates 51,592 3,657 12,696 (67,945 ) — Accounts receivable - trade — 8,642 71,817 — 80,459 Inventories — 44,003 143,237 — 187,240 Prepaid and other current assets — 8,146 15,488 — 23,634 Current assets of discontinued operations — 79,908 18,008 (5,043 ) 92,873 Total current assets 51,592 145,093 273,918 (72,988 ) 397,615 Investment in affiliates 928,091 632,784 — (1,560,875 ) — Property, plant and equipment — 201,677 335,621 — 537,298 Deferred income taxes — — 18,476 — 18,476 Goodwill — 70,399 100,718 — 171,117 Notes receivable - affiliate — 55,999 — (55,999 ) — Other assets — 75,300 72,467 — 147,767 Total Assets $ 979,683 $ 1,181,252 $ 801,200 $ (1,689,862 ) $ 1,272,273 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable - affiliate $ 236 $ 64,294 $ 3,415 $ (67,945 ) $ — Accounts payable - trade — 8,178 37,055 — 45,233 Short-term debt — 11,341 5,141 — 16,482 Accrued income and other taxes — 1,109 4,453 — 5,562 Rationalizations — 384 17 — 401 Other accrued liabilities 2,444 6,190 16,429 — 25,063 Liabilities of discontinued operations — 17,006 7,352 (5,043 ) 19,315 Total current liabilities 2,680 108,502 73,862 (72,988 ) 112,056 Long-term debt - affiliate 48,586 — 7,413 (55,999 ) — Long-term debt - third party 270,961 87,105 5,909 — 363,975 Other long-term obligations — 57,305 33,872 — 91,177 Deferred income taxes — 249 47,360 — 47,609 Stockholders' equity 657,456 928,091 632,784 (1,560,875 ) 657,456 Total Liabilities and Stockholders' Equity $ 979,683 $ 1,181,252 $ 801,200 $ (1,689,862 ) $ 1,272,273 CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Six Months ended June 30, 2015 (Predecessor) (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Sales - affiliates $ — $ 97,324 $ 42,278 $ (139,602 ) $ — Sales - third party — 64,538 223,765 — 288,303 Net sales — 161,862 266,043 (139,602 ) 288,303 Cost of sales — 148,325 248,870 (139,602 ) 257,593 Gross profit — 13,537 17,173 — 30,710 Research and development — 2,667 — — 2,667 Selling and administrative expenses — 18,094 21,704 — 39,798 Impairments — 35,381 — — 35,381 Rationalizations — (29 ) 82 — 53 Operating income (loss) — (42,576 ) (4,613 ) — (47,189 ) Other expense (income), net — 791 360 — 1,151 Interest expense - affiliate — 305 — (305 ) — Interest expense - third party 16,382 828 211 — 17,421 Interest income - affiliate (305 ) — — 305 — Interest income - third party — — (341 ) — (341 ) Loss from continuing operations (16,077 ) (44,500 ) (4,843 ) — ` (65,420 ) Provision for income taxes — (3,692 ) 4,911 — 1,219 Equity in loss from (50,562 ) (9,754 ) — 60,316 — Net (loss) income from (66,639 ) (50,562 ) (9,754 ) 60,316 (66,639 ) Loss from discontinued operations, net of tax — (5,644 ) (6,142 ) — (11,786 ) Equity in loss from discontinued operations of subsidiary (11,786 ) (6,142 ) 17,928 — Net (loss) income from (11,786 ) (11,786 ) (6,142 ) 17,928 (11,786 ) Net loss $ (78,425 ) $ (62,348 ) $ (15,896 ) $ 78,244 $ (78,425 ) Statements of Comprehensive Income Net (loss) income $ (78,425 ) $ (62,348 ) $ (15,896 ) $ 78,244 $ (78,425 ) Other comprehensive (loss) income (21,209 ) (21,209 ) (22,207 ) 43,416 (21,209 ) Comprehensive (loss) income $ (99,634 ) $ (83,557 ) $ (38,103 ) $ 121,660 $ (99,634 ) CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Six Months Ended June 30, 2015 (Predecessor) (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Net cash provided by (used in) operating activities: $ (7,355 ) $ 22,992 $ 36,293 $ (27,710 ) $ 24,220 Cash flow from investing activities: Repayments from (loans to) affiliates 7,418 — — (7,418 ) — Capital expenditures — (16,994 ) (8,626 ) — (25,620 ) Payments for derivative instruments — (7,595 ) (209 ) — (7,804 ) Proceeds from sale of fixed assets — 397 241 638 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) loans from 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 ) 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 change 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 S21

Organization And Summary Of Significant Accounting Policies (Policy)	6 Months Ended
	Jun. 30, 2016
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, 2015 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, 2015 (the “Annual Report”) but does not include all disclosures required by GAAP in audited financial statements. 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 periods 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.
Predecessor and Successor Reporting	Predecessor and Successor Reporting On August 17, 2015, the Company was acquired by affiliates of Brookfield Asset Management Inc. (see Note 2 " Preferred Share Issuance and Merger "). We elected to account for the acquisition under the acquisition method of accounting. Under the acquisition method of accounting, the assets and liabilities of GTI were adjusted to their fair market value as of August 15, 2015, the day that Brookfield effectively took control of the Company. Our consolidated statements of operations subsequent to the acquisition include amortization expense relating to the fair value adjustments and depreciation expense based on the fair value of the Company's property, plant and equipment that had previously been carried at historical cost less accumulated depreciation. Therefore, the Company's financial information prior to the acquisition is not comparable to the financial information subsequent to the Merger. As a result, the financial statements and certain note presentations are separated into two distinct periods, the period before the consummation of the acquisition (labeled "Predecessor") and the period after the date of acquisition (labeled "Successor"), to indicate the application of the different basis of accounting between the periods presented.
New Accounting Standards	New Accounting Standards In May 2014, the 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 was expected 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. In April 2015, the 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 with early adoption permitted. We had no capitalized debt issuance costs as of December 31, 2015. We adopted this ASU as of January 1, 2016, and adoption resulted in no significant impact on the Company's financial position, results of operations or cash flows. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). Under this new guidance, a company will now recognize most leases on its balance sheet as lease liabilities with corresponding right-of-use assets. This ASU is effective for us beginning after January 1, 2019. The Company is currently evaluating the impact of the adoption of this standard on its financial position, results of operations or cash flows.

Preferred Share Issuance and 22

Preferred Share Issuance and Merger Preferred Shares and Tender Offer (Tables)	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Computation of Fair Value of Total Consideration	The computation of the fair value of the total consideration at the date of acquisition follows: Purchase Consideration (In thousands except share price) # Shares Unit Price Amount Convertible Preferred Equity Series A and B 150 $ 1,000.00 $ 150,000 Common Equity Common Shares 139,397 $ 5.05 $ 703,955 Net value of options $ 382 Total $ 854,337
Schedule of Business Acquisitions, by Acquisition	The following table summarizes the fair values of the identifiable assets acquired and liabilities assumed at the acquisition date: Net identifiable assets acquired Cash $ 25,032 Accounts receivable 94,298 Inventories 344,765 Property, plant and equipment 650,405 Intangible assets 155,700 Deferred tax assets 41,606 Prepaid and other current assets 49,716 Other non-current assets 8,428 Accounts payable (68,005 ) Short-term debt (18,779 ) Other accrued liabilities (53,252 ) Long-term debt (367,811 ) Other long-term liabilities (101,648 ) Deferred tax liabilities (79,235 ) Net identifiable assets acquired $ 681,220 Goodwill $ 173,117 Net assets acquired $ 854,337

Discontinued Operations and R23

Discontinued Operations and Related Assets Held for Sale (Tables)	6 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations and Related Assets Held for Sale	The following tables summarize the results of the Engineered Solutions business segment, reclassified as discontinued operations for the three and six months ended June 30, 2015 and 2016 . For the Three Months Ended June 30, 2015 For the Three Months Ended (dollars in thousands) Net sales $ 39,313 $ 29,930 Cost of sales 37,591 24,569 Gross profit 1,722 5,361 Research and development 764 813 Selling and administrative expenses 5,544 5,314 Rationalizations 1,794 (255 ) Impairment — 105,600 Operating loss (6,380 ) (106,111 ) Other expense (income) (37 ) (81 ) Interest expense 399 951 Loss from discontinued operations before income taxes (6,742 ) (106,981 ) Benefit from income taxes on discontinued operations 1,040 843 Loss from discontinued operations $ (5,702 ) $ (106,138 ) For the Six For the Six Months Ended (dollars in thousands) Net sales $ 84,030 $ 59,019 Cost of sales 78,037 50,554 Gross profit 5,993 8,465 Research and development 1,679 1,691 Selling and administrative expenses 11,745 9,760 Rationalizations 4,210 (246 ) Impairment — 105,600 Operating loss (11,641 ) (108,340 ) Other expense (income) (64 ) (72 ) Interest expense 695 1,670 Loss from discontinued operations before income taxes (12,272 ) (109,938 ) Benefit from income taxes on discontinued operations 486 1,236 Loss from discontinued operations $ (11,786 ) $ (108,702 ) The significant components of our Statements of Cash Flows for the Engineered Solutions business segment held for sale are as follows: For the Six For the Six Months Ended (dollars in thousands) Depreciation and amortization $ 7,330 $ 3,052 Impairment — 105,600 Deferred income taxes (486 ) (1,236 ) Capital expenditures 9,413 2,513 The following table summarizes the carrying value of the assets and liabilities of discontinued operations as of December 31, 2015 and June 30, 2016 . As of December 31, 2015 As of June 30, 2016 (dollars in thousands) Current assets of discontinued operations: Accounts receivable $ 20,425 $ 19,030 Inventories 77,332 77,656 Prepaid expenses and other current assets 524 924 Total current assets of discontinued operations 98,281 97,610 Net property plant and equipment 86,369 86,595 Other assets 17,606 14,268 Total long-term assets of discontinued operations 103,975 100,863 Impairment upon reclassification to held for sale — (105,600 ) Total assets of discontinued operations $ 202,256 $ 92,873 Liabilities of discontinued operations: Accounts payable $ 9,331 $ 6,499 Accrued income and other taxes 3,113 2,500 Other accrued liabilities 10,638 9,336 Total current liabilities of discontinued operations 23,082 18,335 Other long-term obligations 1,167 980 Total liabilities of discontinued operations $ 24,249 $ 19,315

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting Information, Revenue for Reportable Segment [Abstract]
Schedule Of Financial Information Concerning Reportable Segments	Predecessor Successor Predecessor Successor For the Three Months Ended June 30, For the Six Months 2015 2016 2015 2016 (Dollars in thousands) (Dollars in thousands) Net sales to external customers: Industrial Materials $ 125,809 $ 115,365 $ 288,303 $ 210,941 Operating (loss) income: Industrial Materials $ 4,632 $ (16,291 ) $ (22,312 ) $ (36,538 ) Corporate, R&D and Other expenses (11,247 ) (6,323 ) (24,877 ) (13,495 ) Total operating loss $ (6,615 ) $ (22,614 ) $ (47,189 ) $ (50,033 ) Reconciliation of segment operating loss to loss before provision for income taxes Other expense (income), net $ 733 $ (1,198 ) $ 1,151 $ (960 ) Interest expense 8,796 6,436 17,421 12,896 Interest income (268 ) — (341 ) (12 ) Loss from continuing operations before provision for income taxes $ (15,876 ) $ (27,852 ) $ (65,420 ) $ (61,957 )

Benefit Plans (Tables)

Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2016
Pension Costs
Defined Benefit Plan Disclosure [Line Items]
Schedule Of Benefit Plans	Predecessor Successor Predecessor Successor For the Three Months Ended June 30, For the Six 2015 2016 2015 2016 (Dollars in thousands) (Dollars in thousands) Service cost $ 506 $ 508 $ 1,333 $ 1,016 Interest cost 1,526 1,498 3,052 2,996 Expected return on plan assets (1,354 ) (1,310 ) (2,708 ) (2,620 ) Amortization of prior service cost 1 — 2 — Net cost $ 679 $ 696 $ 1,679 $ 1,392
Postretirement Costs
Defined Benefit Plan Disclosure [Line Items]
Schedule Of Benefit Plans	Predecessor Successor Predecessor Successor For the Three Months Ended June 30, For the Six Months Ended June 30, 2015 2016 2015 2016 (Dollars in thousands) (Dollars in thousands) Service cost $ 4 $ 1 $ 8 $ 2 Interest cost 315 272 630 543 Amortization of prior service cost (43 ) — (86 ) — Net cost $ 276 $ 273 $ 552 $ 545

Goodwill And Other Intangible26

Goodwill And Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule Of Changes In The Carrying Value Of Goodwill	changes in the carrying value of goodwill and intangibles during the predecessor entity period of January 1, 2015 through August 14, 2015 and the successor entity period of August 15, 2015 through June 30, 2016: Goodwill Predecessor (Dollars in Thousands) Balance as of December 31, 2014 $ 420,129 Impairment (35,381 ) Currency translation effect (616 ) Balance as of August 14, 2015 $ 384,132 Successor Balance as of August 15, 2015 $ 170,418 Adjustments 1,641 Balance as of December 31, 2015 $ 172,059 Adjustments (See Note 2) 1,058 Goodwill transferred to discontinued operations (2,000 ) Balance as of June 30, 2016 $ 171,117
Schedule Of Intangible Assets With Determinable Useful Lives By Major Category	Intangible Assets As of December 31, 2015 As of June 30, 2016 Gross Carrying Amount Accumulated Net Carrying Amount Gross Carrying Amount Accumulated Amortization & Impairment Net Carrying Amount (Dollars in Thousands) Trade name $ 22,000 $ (896 ) $ 21,104 $ 22,500 $ (2,075 ) $ 20,425 Technological know-how 54,100 (2,934 ) 51,166 55,300 (6,767 ) 48,533 Customer –related intangible 64,500 (1,602 ) 62,898 64,500 (3,937 ) 60,563 Total finite-lived intangible assets $ 140,600 $ (5,432 ) $ 135,168 $ 142,300 $ (12,779 ) $ 129,521

Debt And Liquidity (Tables)

Debt And Liquidity (Tables)	6 Months Ended
	Jun. 30, 2016
Long-term Debt and Capital Lease Obligations [Abstract]
Schedule Of Long-Term Debt	As of December 31, 2015 As of (Dollars in thousands) Credit Facility (Revolving Facility and Term Loan Facility) $ 98,000 $ 109,000 Senior Notes 267,827 270,961 Other Debt 1,400 496 Total Debt 367,227 380,457 Less: Short-term Debt (4,772 ) (16,482 ) Long-term Debt $ 362,455 $ 363,975

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2016
Inventory Disclosure [Abstract]
Schedule Of Inventories	nventories are comprised of the following: As of December 31, 2015 As of June 30, 2016 (Dollars in thousands) Inventories: Raw materials and supplies $ 66,201 $ 60,080 Work in process 89,198 65,055 Finished goods 62,731 62,105 Total $ 218,130 $ 187,240

Interest Expense (Tables)

Interest Expense (Tables)	6 Months Ended
	Jun. 30, 2016
Interest and Debt Expense [Abstract]
Schedule Of Interest Expense	The following tables present the components of interest expense: Predecessor Successor Predecessor Successor For the Three Months Ended June 30, 2015 For the Three Months Ended June 30, 2016 For the Six Months Ended June 30, 2015 For the Six Months Ended June 30, 2016 (Dollars in thousands) (Dollars in thousands) Interest incurred on debt $ 4,883 $ 4,819 $ 9,757 $ 9,716 Amortization of discount on Senior Subordinated Notes 3,261 — 6,468 — Accretion of fair value adjustment on Senior Notes — 1,571 — 3,134 Amortization of debt issuance costs 652 46 1,196 46 Total interest expense $ 8,796 $ 6,436 $ 17,421 $ 12,896

Contingencies (Tables)

Contingencies (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2016 , are presented below: (Dollars in thousands) Balance as of December 31, 2015 $ 388 Product warranty adjustments 879 Payments and settlements (475 ) Balance as of June 30, 2016 $ 792

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Summary Of Provision For 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 tables summarize the provision for income taxes for the three and six months ended June 30, 2015 and June 30, 2016 : Predecessor Successor Predecessor Successor For the Three Months Ended June 30, For the Six Months Ended June 30, 2015 2016 2015 2016 (Dollars in thousands) (Dollars in thousands) Tax (benefit) expense $ 1,239 $ (5,591 ) $ 1,219 $ (5,886 ) Pretax loss $ (15,876 ) $ (27,852 ) $ (65,420 ) $ (61,957 ) Effective tax rates (7.8 )% 20.1 % (1.9 )% 9.5 % For the three and six months ended June 30, 2016 , the effective tax rate differs from the U.S. statutory rate of 35% primarily due to recent losses in foreign jurisdictions where a tax benefit will be recognized, offset by recent losses in the U.S. and Switzerland where we receive no tax benefit due to a full valuation allowance and worldwide earnings from various countries taxed at different rates. The recognition of the valuation allowance does not result in or limit the Company's ability to utilize these tax assets in the future. The effective tax rate for the three and six months ended June 30, 2015 differs from the U.S. statutory rate of 35% primarily due to recent losses in the U.S. and Switzerland where we receive no tax benefit due to a full valuation allowance and worldwide earnings from various countries taxed at different rates. As of June 30, 2016 , we had unrecognized tax benefits of $3.9 million , $3.1 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 2009. We continue to assess the realization of our 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 established and maintained valuation allowances on those net deferred tax assets.

Guarantor Information (Tables)

Guarantor Information (Tables)	6 Months Ended
	Jun. 30, 2016
Consolidating Financials [Abstract]
Condensed Consolidating Balance Sheets	CONDENSED CONSOLIDATING BALANCE SHEETS As of December 31, 2015 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ — $ 646 $ 6,281 $ — $ 6,927 Accounts receivable - affiliates 51,592 9,803 19,505 (80,900 ) — Accounts receivable - trade — 7,599 74,791 — 82,390 Inventories — 54,613 163,517 — 218,130 Prepaid and other current assets — 7,913 13,244 — 21,157 Current assets of discontinued operations — 81,638 17,520 (877 ) 98,281 Total current assets 51,592 162,212 294,858 (81,777 ) 426,885 Investment in affiliates 1,068,027 668,113 — (1,736,140 ) — Property, plant and equipment — 209,633 341,530 — 551,163 Deferred income taxes — — 15,326 — 15,326 Goodwill — 72,399 99,660 — 172,059 Notes receivable - affiliate — 46,074 — (46,074 ) — Other assets — 79,367 73,246 — 152,613 Long-term assets of discontinued operations — 99,457 4,518 — 103,975 Total Assets $ 1,119,619 $ 1,337,255 $ 829,138 $ (1,863,991 ) $ 1,422,021 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable - affiliate $ 159 $ 71,099 $ 9,642 $ (80,900 ) $ — Accounts payable - trade — 11,191 28,956 — 40,147 Short-term debt — 4,636 136 — 4,772 Accrued income and other taxes — 2,824 3,109 — 5,933 Rationalizations — 995 200 — 1,195 Other accrued liabilities 2,444 4,847 13,703 — 20,994 Short-term liabilities of discontinued operations — 18,384 5,575 (877 ) 23,082 Total current liabilities 2,603 113,976 61,321 (81,777 ) 96,123 Long-term debt - affiliate 38,661 — 7,413 (46,074 ) — Long-term debt - third party 267,827 93,758 870 — 362,455 Other long-term obligations — 60,508 33,810 — 94,318 Deferred income taxes — 248 57,182 — 57,430 Long-term liabilities of discontinued operations — 738 429 — 1,167 Stockholders' equity 810,528 1,068,027 668,113 (1,736,140 ) 810,528 Total Liabilities and Stockholders' Equity $ 1,119,619 $ 1,337,255 $ 829,138 $ (1,863,991 ) $ 1,422,021 CONDENSED CONSOLIDATING BALANCE SHEETS As of June 30, 2016 (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ — $ 737 $ 12,672 $ — $ 13,409 Accounts receivable - affiliates 51,592 3,657 12,696 (67,945 ) — Accounts receivable - trade — 8,642 71,817 — 80,459 Inventories — 44,003 143,237 — 187,240 Prepaid and other current assets — 8,146 15,488 — 23,634 Current assets of discontinued operations — 79,908 18,008 (5,043 ) 92,873 Total current assets 51,592 145,093 273,918 (72,988 ) 397,615 Investment in affiliates 928,091 632,784 — (1,560,875 ) — Property, plant and equipment — 201,677 335,621 — 537,298 Deferred income taxes — — 18,476 — 18,476 Goodwill — 70,399 100,718 — 171,117 Notes receivable - affiliate — 55,999 — (55,999 ) — Other assets — 75,300 72,467 — 147,767 Total Assets $ 979,683 $ 1,181,252 $ 801,200 $ (1,689,862 ) $ 1,272,273 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable - affiliate $ 236 $ 64,294 $ 3,415 $ (67,945 ) $ — Accounts payable - trade — 8,178 37,055 — 45,233 Short-term debt — 11,341 5,141 — 16,482 Accrued income and other taxes — 1,109 4,453 — 5,562 Rationalizations — 384 17 — 401 Other accrued liabilities 2,444 6,190 16,429 — 25,063 Liabilities of discontinued operations — 17,006 7,352 (5,043 ) 19,315 Total current liabilities 2,680 108,502 73,862 (72,988 ) 112,056 Long-term debt - affiliate 48,586 — 7,413 (55,999 ) — Long-term debt - third party 270,961 87,105 5,909 — 363,975 Other long-term obligations — 57,305 33,872 — 91,177 Deferred income taxes — 249 47,360 — 47,609 Stockholders' equity 657,456 928,091 632,784 (1,560,875 ) 657,456 Total Liabilities and Stockholders' Equity $ 979,683 $ 1,181,252 $ 801,200 $ (1,689,862 ) $ 1,272,273
Condensed Consolidating Statements of Income and Comprehensive Income	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME For the Six Months ended June 30, 2015 (Predecessor) (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Sales - affiliates $ — $ 97,324 $ 42,278 $ (139,602 ) $ — Sales - third party — 64,538 223,765 — 288,303 Net sales — 161,862 266,043 (139,602 ) 288,303 Cost of sales — 148,325 248,870 (139,602 ) 257,593 Gross profit — 13,537 17,173 — 30,710 Research and development — 2,667 — — 2,667 Selling and administrative expenses — 18,094 21,704 — 39,798 Impairments — 35,381 — — 35,381 Rationalizations — (29 ) 82 — 53 Operating income (loss) — (42,576 ) (4,613 ) — (47,189 ) Other expense (income), net — 791 360 — 1,151 Interest expense - affiliate — 305 — (305 ) — Interest expense - third party 16,382 828 211 — 17,421 Interest income - affiliate (305 ) — — 305 — Interest income - third party — — (341 ) — (341 ) Loss from continuing operations (16,077 ) (44,500 ) (4,843 ) — ` (65,420 ) Provision for income taxes — (3,692 ) 4,911 — 1,219 Equity in loss from (50,562 ) (9,754 ) — 60,316 — Net (loss) income from (66,639 ) (50,562 ) (9,754 ) 60,316 (66,639 ) Loss from discontinued operations, net of tax — (5,644 ) (6,142 ) — (11,786 ) Equity in loss from discontinued operations of subsidiary (11,786 ) (6,142 ) 17,928 — Net (loss) income from (11,786 ) (11,786 ) (6,142 ) 17,928 (11,786 ) Net loss $ (78,425 ) $ (62,348 ) $ (15,896 ) $ 78,244 $ (78,425 ) Statements of Comprehensive Income Net (loss) income $ (78,425 ) $ (62,348 ) $ (15,896 ) $ 78,244 $ (78,425 ) Other comprehensive (loss) income (21,209 ) (21,209 ) (22,207 ) 43,416 (21,209 ) Comprehensive (loss) income $ (99,634 ) $ (83,557 ) $ (38,103 ) $ 121,660 $ (99,634 )
Condensed Consolidating Statements of Cash Flows	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Six Months Ended June 30, 2015 (Predecessor) (in thousands) Consolidating Non- Entries and Parent Guarantors Guarantors Eliminations Consolidated Net cash provided by (used in) operating activities: $ (7,355 ) $ 22,992 $ 36,293 $ (27,710 ) $ 24,220 Cash flow from investing activities: Repayments from (loans to) affiliates 7,418 — — (7,418 ) — Capital expenditures — (16,994 ) (8,626 ) — (25,620 ) Payments for derivative instruments — (7,595 ) (209 ) — (7,804 ) Proceeds from sale of fixed assets — 397 241 638 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) loans from 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 ) 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 change 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 S33

Organization And Summary Of Significant Accounting Policies (Details)	Feb. 26, 2016segment	Jun. 30, 2016major_product_categories
Accounting Policies [Abstract]
Number of major product categories | major_product_categories		7
Number of Operating Segments | segment	2

Preferred Share Issuance and 34

Preferred Share Issuance and Merger (Details) - USD ($)	Aug. 11, 2015	May 18, 2015	Sep. 30, 2015	Jun. 30, 2016	Dec. 31, 2015	Aug. 15, 2015	May 17, 2015
Goodwill				$ 171,117,000	$ 172,059,000
Max Reimbursement to Acquiror			$ 500,000
Common Stock, Par or Stated Value Per Share							$ 0.01
Goodwill, Purchase Accounting Adjustments				1,100,000
purchase price adjustment, deferred taxes				$ 2,000,000
Preferred Stock [Member]
Convertible Preferred Stock, Conversion Price							$ 5.05
BCP IV GrafTech Holdings LP [Member]
Goodwill						$ 173,117,000
Amount		$ 854,337,000
Convertible Preferred Stock [Member] | BCP IV GrafTech Holdings LP [Member]
Shares		150,000
Amount	$ 150,000,000	$ 150,000,000
Series A Preferred Stock [Member] | Convertible Preferred Stock [Member] | BCP IV GrafTech Holdings LP [Member]
Shares		136,616
Preferred stock, par value	$ 0.01
Business Combination, Equity Interest Transferred, Percentage of Common Stock Outstanding Before Transaction	19.90%
Series B Preferred Stock [Member] | Convertible Preferred Stock [Member] | BCP IV GrafTech Holdings LP [Member]
Shares		13,384
Preferred stock, par value	$ 0.01
Delayed draw term loan facility | Term Loan Facility
Unused borrowing capacity	$ 40,000,000
Senior Notes | Senior Subordinated Notes Due Nov 2015 [Member]
Early Repayment of Subordinated Debt	$ 200,000,000

Preferred Share Issuance and 35

Preferred Share Issuance and Merger - Purchase Consideration (Details) - BCP IV GrafTech Holdings LP [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Aug. 11, 2015	May 18, 2015
Business Acquisition [Line Items]
Amount		$ 854,337
Convertible preferred equity - Series A and B
Business Acquisition [Line Items]
Shares		150
Unit Price		$ 1,000,000
Amount	$ 150,000	$ 150,000
Merger common equity - common shares
Business Acquisition [Line Items]
Shares		139,397
Unit Price		$ 5,050
Amount		$ 703,955
Net value of options
Business Acquisition [Line Items]
Amount		$ 382

Preferred Share Issuance and 36

Preferred Share Issuance and Merger - Net Identifiable Assets Acquired (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Aug. 15, 2015
Business Acquisition [Line Items]
Goodwill	$ 171,117	$ 172,059
BCP IV GrafTech Holdings LP [Member]
Business Acquisition [Line Items]
Cash			$ 25,032
Accounts receivable			94,298
Inventories			344,765
Property, plant and equipment			650,405
Intangible assets			155,700
Deferred tax assets			41,606
Prepaid and other current assets			49,716
Other non-current assets			8,428
Accounts payable			(68,005)
Short-term debt			(18,779)
Other accrued liabilities			(53,252)
Long-term debt			(367,811)
Other long-term liabilities			(101,648)
Deferred tax liabilities			(79,235)
Net identifiable assets acquired			681,220
Goodwill			173,117
Net assets acquired			$ 854,337

Rationalizations (Narrative) (D

Rationalizations (Narrative) (Details) $ in Millions	Mar. 02, 2015USD ($)employee	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve			$ 1
2015 Advanced Graphite Materials Rationalization
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve			0.6
Expected number of positions eliminated (employees) | employee	85
Expected cost	$ 10
2015 Advanced Graphite Materials Rationalization | Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Expected cash outlay			8
2015 Advanced Graphite Materials Rationalization | Successor
Restructuring Cost and Reserve [Line Items]
Restructuring Costs		$ 3.2	$ 5.8

Discontinued Operations and R38

Discontinued Operations and Related Assets Held for Sale (Details) - USD ($) $ in Thousands	3 Months Ended		4 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Current Assets:
Total current assets of discontinued operations	$ 92,873		$ 92,873	$ 92,873		$ 98,281
Long-term Assets:
Total long-term assets of discontinued operations						103,975
Current Liabilities:
Total current liabilities of discontinued operations	19,315		19,315	19,315		23,082
Long-term Liabilities:
Long-term liabilities of discontinued operations						1,167
Engineered Solutions [Member] | Discontinued Operations, Held-for-sale [Member]
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Net sales	29,930	$ 39,313		59,019	$ 84,030
Cost of sales	24,569	37,591		50,554	78,037
Gross profit	5,361	1,722		8,465	5,993
Research and development	813	764		1,691	1,679
Selling and administrative expenses	5,314	5,544		9,760	11,745
Rationalizations	(255)	1,794		(246)	4,210
Impairment	105,600	0	105,600	105,600	0
Operating loss	(106,111)	(6,380)		(108,340)	(11,641)
Other expense (income)	(81)	(37)		(72)	(64)
Interest expense	951	399		1,670	695
Loss from discontinued operations before income taxes	(106,981)	(6,742)		(109,938)	(12,272)
Benefit from income taxes on discontinued operations	843	1,040		1,236	486
Net (loss) income from discontinued operations	(106,138)	$ (5,702)		(108,702)	(11,786)
Discontinued Operation, Alternative Cash Flow Information [Abstract]
Depreciation and amortization				3,052	7,330
Deferred income taxes				(1,236)	(486)
Capital expenditures				2,513	$ 9,413
Current Assets:
Accounts receivable	19,030		19,030	19,030		20,425
Inventories	77,656		77,656	77,656		77,332
Prepaid expenses and other current assets	924		924	924		524
Total current assets of discontinued operations	97,610		97,610	97,610		98,281
Long-term Assets:
Net property plant and equipment	86,595		86,595	86,595		86,369
Other assets	14,268		14,268	14,268		17,606
Total long-term assets of discontinued operations	100,863		100,863	100,863		103,975
Impairment upon reclassification to discontinued operations	(105,600)		(105,600)	(105,600)		0
Total assets of discontinued operations	92,873		92,873	92,873		202,256
Current Liabilities:
Accounts payable	6,499		6,499	6,499		9,331
Accrued income and other taxes	2,500		2,500	2,500		3,113
Other accrued liabilities	9,336		9,336	9,336		10,638
Total current liabilities of discontinued operations	18,335		18,335	18,335		23,082
Long-term Liabilities:
Long-term liabilities of discontinued operations	980		980	980		1,167
Total liabilities of discontinued operations	$ 19,315		$ 19,315	$ 19,315		$ 24,249

Segment Reporting (Schedule Of

Segment Reporting (Schedule Of Financial Information Concerning Reportable Segments) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)segment	Jun. 30, 2015USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment			2
Loss from continuing operations before provision for income taxes				$ (65,420)
Predecessor
Segment Reporting Information [Line Items]
Total net sales		$ 125,809		288,303
Total operating loss		(6,615)		(47,189)
Other expense (income), net		733		1,151
Interest expense		8,796		17,421
Interest income		(268)		(341)
Loss from continuing operations before provision for income taxes		(15,876)		(65,420)
Predecessor | Industrial Materials
Segment Reporting Information [Line Items]
Total net sales		125,809		288,303
Total operating loss		4,632		(22,312)
Predecessor | Corporate, R&D and Other
Segment Reporting Information [Line Items]
Total operating loss		$ (11,247)		$ (24,877)
Successor
Segment Reporting Information [Line Items]
Total net sales	$ 115,365		$ 210,941
Total operating loss	(22,614)		(50,033)
Other expense (income), net	(1,198)		(960)
Interest expense	6,436		12,896
Interest income	0		(12)
Loss from continuing operations before provision for income taxes	(27,852)		(61,957)
Successor | Industrial Materials
Segment Reporting Information [Line Items]
Total net sales	115,365		210,941
Total operating loss	(16,291)		(36,538)
Successor | Corporate, R&D and Other
Segment Reporting Information [Line Items]
Total operating loss	$ (6,323)		$ (13,495)

Benefit Plans (Schedule Of Bene

Benefit Plans (Schedule Of Benefit Plans) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Pension Costs
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 508	$ 506	$ 1,016	$ 1,333
Interest cost	1,498	1,526	2,996	3,052
Expected return on plan assets	(1,310)	(1,354)	(2,620)	(2,708)
Amortization of prior service cost/benefit	0	1	0	2
Net cost	696	679	1,392	1,679
Postretirement Costs
Defined Benefit Plan Disclosure [Line Items]
Service cost	1	4	2	8
Interest cost	272	315	543	630
Amortization of prior service cost/benefit	0	(43)	0	(86)
Net cost	$ 273	$ 276	$ 545	$ 552

Goodwill And Other Intangible41

Goodwill And Other Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		7 Months Ended
	Jun. 30, 2016	Sep. 30, 2015	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Aug. 14, 2015
Goodwill [Line Items]
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	$ 13,600			$ 13,600
Finite-Lived Intangible Assets, Amortization Expense, Year Two	12,900			12,900
Finite-Lived Intangible Assets, Amortization Expense, Year Three	12,200			12,200
Finite-Lived Intangible Assets, Amortization Expense, Year Four	11,400			11,400
Amortization expense of intangible assets	3,600		$ 4,400	7,200	$ 8,700
Finite-Lived Intangible Assets, Amortization Expense, Year Five	$ 10,700			$ 10,700
Needle Coke
Goodwill [Line Items]
Decrease in market prices		18.00%
Goodwill, impairment loss					$ 35,400	$ 35,381

Goodwill And Other Intangible42

Goodwill And Other Intangible Assets (Schedule Of Changes In The Carrying Value Of Goodwill) (Details) - USD ($) $ in Thousands	5 Months Ended	6 Months Ended		7 Months Ended
	Dec. 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Aug. 14, 2015
Goodwill [Roll Forward]
Beginning Balance		$ 172,059
Ending Balance	$ 172,059	171,117
Predecessor
Goodwill [Roll Forward]
Beginning Balance	384,132		$ 420,129	$ 420,129
Adjustments				(616)
Ending Balance				384,132
Successor
Goodwill [Roll Forward]
Beginning Balance		172,059
Adjustments	1,641	1,058
Goodwill transferred to discontinued operations		(2,000)
Ending Balance	$ 172,059	$ 171,117
Needle Coke [Member]
Goodwill [Roll Forward]
Impairment			$ (35,400)	$ (35,381)

Goodwill And Other Intangible43

Goodwill And Other Intangible Assets (Schedule Of Intangible Assets With Determinable Useful Lives By Major Category) (Details) - Predecessor - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Goodwill [Line Items]
Gross Carrying Amount	$ 142,300	$ 140,600
Accumulated Amortization & Impairment	(12,779)	(5,432)
Net Carrying Amount	129,521	135,168
Trade Name
Goodwill [Line Items]
Gross Carrying Amount	22,500	22,000
Accumulated Amortization & Impairment	(2,075)	(896)
Net Carrying Amount	20,425	21,104
Technological Know-How
Goodwill [Line Items]
Gross Carrying Amount	55,300	54,100
Accumulated Amortization & Impairment	(6,767)	(2,934)
Net Carrying Amount	48,533	51,166
Customer-Related Intangible
Goodwill [Line Items]
Gross Carrying Amount	64,500	64,500
Accumulated Amortization & Impairment	(3,937)	(1,602)
Net Carrying Amount	$ 60,563	$ 62,898

Debt And Liquidity (Narrative)

Debt And Liquidity (Narrative) (Details) - USD ($)	Feb. 27, 2015	Jun. 30, 2016	Apr. 27, 2016	Dec. 31, 2015	Jul. 28, 2015	Apr. 23, 2014	Nov. 20, 2012
Debt Instrument [Line Items]
Fair value of debt		$ 335,400,000
Long-term Debt		380,457,000		$ 367,227,000
Minimum Liquidity			$ 25,000,000
Outstanding letters of credit		13,500,000
Term Loan Balance		37,000,000
Revolving Credit Facility Balance		72,000,000
Stated interest rate				6.375%
Loan balance, net of unamortized discount		16,482,000		$ 4,772,000
12 Month Trailing EBITDA		75,000,000
12 Month Trailing EBITDA Minimum (Low End)			40,000,000
12 Month Trailing EBITDA Minimum (High End)			35,000,000
Senior Notes
Debt Instrument [Line Items]
Long-term Debt		270,961,000		$ 267,827,000
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%
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	0.70%
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	4.75%
Term Loan Facility | Amended and Restated Credit Agreement
Debt Instrument [Line Items]
Borrowing capacity	$ 40,000,000
Term Loan Facility | Amended and Restated Credit Agreement July 2015 [Member]
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
Revolving Credit Facility | Amended and Restated Credit Agreement July 2015 [Member]
Debt Instrument [Line Items]
Borrowing capacity			$ 225,000,000		$ 375,000,000

Debt And Liquidity (Schedule Of

Debt And Liquidity (Schedule Of Long-Term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total Debt	$ 380,457	$ 367,227
Less: Short-term Debt	(16,482)	(4,772)
Long-term debt	363,975	362,455
Senior Notes
Debt Instrument [Line Items]
Total Debt	270,961	267,827
Other Debt
Debt Instrument [Line Items]
Total Debt	496	1,400
Credit Facility (Revolving Facility and Term Loan Facility)
Debt Instrument [Line Items]
Credit Facility (Revolving Facility and Term Loan Facility)	$ 109,000	$ 98,000

Debt And Liquidity (Schedule 46

Debt And Liquidity (Schedule of Short-Term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Total Short-Term Debt	$ 16,482	$ 4,772

Inventories (Schedule Of Invent

Inventories (Schedule Of Inventories) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Inventory [Line Items]
Raw materials and supplies	$ 60,080		$ 60,080		$ 66,201
Work in process	65,055		65,055		89,198
Finished goods	62,105		62,105		62,731
Inventories, net	187,240		187,240		218,130
Predecessor
Inventory [Line Items]
Inventory write-downs		$ 0		$ 0
Successor
Inventory [Line Items]
Inventories, net	187,240		187,240		$ 218,130
Inventory write-downs	$ 3,504		$ 14,625

Interest Expense (Details)

Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Debt Instrument [Line Items]
Effective interest rate, revolving credit facility			4.22%	2.68%
Debt effective interest rate	4.22%		4.22%		2.49%
Stated interest rate					6.375%
Predecessor
Debt Instrument [Line Items]
Interest incurred on debt		$ 4,883		$ 9,757
Amortization of discount on Senior Subordinated Notes		3,261		6,468
Accretion of fair value adjustment on Senior Notes		0		0
Amortization of debt issuance costs		652		1,196
Total interest expense		$ 8,796		$ 17,421
Successor
Debt Instrument [Line Items]
Interest incurred on debt	$ 4,819		$ 9,716
Amortization of discount on Senior Subordinated Notes	0		0
Accretion of fair value adjustment on Senior Notes	1,571		3,134
Amortization of debt issuance costs	46		46
Total interest expense	$ 6,436		$ 12,896

Contingencies (Details)

Contingencies (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)
Loss Contingency [Abstract]
Balance as of December 31, 2015	$ 388
Product warranty adjustments	879
Payments and settlements	(475)
Balance as of June 30, 2016	$ 792

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
U.S. statutory rate	35.00%
Effective tax rate	9.50%	(1.90%)
Unrecognized tax benefits	$ 3.9
Unrecognized tax benefits that would have a favorable impact on effective tax rate	$ 3.1

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, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Tax Contingency [Line Items]
Pretax loss				$ (65,420)
Effective tax rates			9.50%	(1.90%)
Predecessor
Income Tax Contingency [Line Items]
Tax (benefit) expense		$ 1,239		$ 1,219
Pretax loss		$ (15,876)		$ (65,420)
Effective tax rates		(7.80%)
Successor
Income Tax Contingency [Line Items]
Tax (benefit) expense	$ (5,591)		$ (5,886)
Pretax loss	$ (27,852)		$ (61,957)
Effective tax rates			20.10%

Derivative Instruments (Narrati

Derivative Instruments (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
Intercompany debt designated as a non-derivative net investment hedging instrument	$ 12,500,000		$ 12,500,000	$ 11,800,000
Gain (loss) currency translation adjustment	$ 0	$ 100,000
Foreign Currency Derivatives
Derivative [Line Items]
Notional amounts of foreign currency derivatives				$ 33,200,000
Maximum | Foreign Currency Derivatives
Derivative [Line Items]
Derivative maturities			September, 2016

Guarantor Information (Textual)

Guarantor Information (Textual) (Details) - USD ($)	Dec. 31, 2015	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, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 13,409	$ 6,927
Accounts receivable - affiliates	0	0
Accounts receivable - trade	80,459	82,390
Inventories	187,240	218,130
Prepaid expenses and other current assets	23,634	21,157
Current assets of discontinued operations	92,873	98,281
Total current assets	397,615	426,885
Investment in affiliates	0	0
Net property, plant and equipment	537,298	551,163
Deferred income taxes	18,476	15,326
Goodwill	171,117	172,059
Notes receivable - affiliate	0	0
Other assets	147,767	152,613
Long-term assets of discontinued operations		103,975
Total assets	1,272,273	1,422,021
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable - affiliate	0	0
Accounts payable - trade	45,233	40,147
Short-term debt	16,482	4,772
Accrued income and other taxes	5,562	5,933
Rationalizations	401	1,195
Other accrued liabilities	25,063	20,994
Short-term liabilities of discontinued operations	19,315	23,082
Total current liabilities	112,056	96,123
Long-term debt - affiliate	0	0
Long-term debt - third party	363,975	362,455
Other long-term obligations	91,177	94,318
Deferred income taxes	47,609	57,430
Long-term liabilities of discontinued operations		1,167
Total stockholders' equity	657,456	810,528
Total liabilities and stockholders’ equity	1,272,273	1,422,021
Parent
ASSETS
Cash and cash equivalents	0	0
Accounts receivable - affiliates	51,592	51,592
Accounts receivable - trade	0	0
Inventories	0	0
Prepaid expenses and other current assets	0	0
Current assets of discontinued operations	0	0
Total current assets	51,592	51,592
Investment in affiliates	928,091	1,068,027
Net property, plant and equipment	0	0
Deferred income taxes	0	0
Goodwill	0	0
Notes receivable - affiliate	0	0
Other assets	0	0
Long-term assets of discontinued operations		0
Total assets	979,683	1,119,619
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable - affiliate	236	159
Accounts payable - trade	0	0
Short-term debt	0	0
Accrued income and other taxes	0	0
Rationalizations	0	0
Other accrued liabilities	2,444	2,444
Short-term liabilities of discontinued operations	0	0
Total current liabilities	2,680	2,603
Long-term debt - affiliate	48,586	38,661
Long-term debt - third party	270,961	267,827
Other long-term obligations	0	0
Deferred income taxes	0	0
Long-term liabilities of discontinued operations		0
Total stockholders' equity	657,456	810,528
Total liabilities and stockholders’ equity	979,683	1,119,619
Guarantors
ASSETS
Cash and cash equivalents	737	646
Accounts receivable - affiliates	3,657	9,803
Accounts receivable - trade	8,642	7,599
Inventories	44,003	54,613
Prepaid expenses and other current assets	8,146	7,913
Current assets of discontinued operations	79,908	81,638
Total current assets	145,093	162,212
Investment in affiliates	632,784	668,113
Net property, plant and equipment	201,677	209,633
Deferred income taxes	0	0
Goodwill	70,399	72,399
Notes receivable - affiliate	55,999	46,074
Other assets	75,300	79,367
Long-term assets of discontinued operations		99,457
Total assets	1,181,252	1,337,255
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable - affiliate	64,294	71,099
Accounts payable - trade	8,178	11,191
Short-term debt	11,341	4,636
Accrued income and other taxes	1,109	2,824
Rationalizations	384	995
Other accrued liabilities	6,190	4,847
Short-term liabilities of discontinued operations	17,006	18,384
Total current liabilities	108,502	113,976
Long-term debt - affiliate	0	0
Long-term debt - third party	87,105	93,758
Other long-term obligations	57,305	60,508
Deferred income taxes	249	248
Long-term liabilities of discontinued operations		738
Total stockholders' equity	928,091	1,068,027
Total liabilities and stockholders’ equity	1,181,252	1,337,255
Non-Guarantors
ASSETS
Cash and cash equivalents	12,672	6,281
Accounts receivable - affiliates	12,696	19,505
Accounts receivable - trade	71,817	74,791
Inventories	143,237	163,517
Prepaid expenses and other current assets	15,488	13,244
Current assets of discontinued operations	18,008	17,520
Total current assets	273,918	294,858
Investment in affiliates	0	0
Net property, plant and equipment	335,621	341,530
Deferred income taxes	18,476	15,326
Goodwill	100,718	99,660
Notes receivable - affiliate	0	0
Other assets	72,467	73,246
Long-term assets of discontinued operations		4,518
Total assets	801,200	829,138
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable - affiliate	3,415	9,642
Accounts payable - trade	37,055	28,956
Short-term debt	5,141	136
Accrued income and other taxes	4,453	3,109
Rationalizations	17	200
Other accrued liabilities	16,429	13,703
Short-term liabilities of discontinued operations	7,352	5,575
Total current liabilities	73,862	61,321
Long-term debt - affiliate	7,413	7,413
Long-term debt - third party	5,909	870
Other long-term obligations	33,872	33,810
Deferred income taxes	47,360	57,182
Long-term liabilities of discontinued operations		429
Total stockholders' equity	632,784	668,113
Total liabilities and stockholders’ equity	801,200	829,138
Consolidating Entries and Eliminations
ASSETS
Cash and cash equivalents	0	0
Accounts receivable - affiliates	(67,945)	(80,900)
Accounts receivable - trade	0	0
Inventories	0	0
Prepaid expenses and other current assets	0	0
Current assets of discontinued operations	(5,043)	(877)
Total current assets	(72,988)	(81,777)
Investment in affiliates	(1,560,875)	(1,736,140)
Net property, plant and equipment	0	0
Deferred income taxes	0	0
Goodwill	0	0
Notes receivable - affiliate	(55,999)	(46,074)
Other assets	0	0
Long-term assets of discontinued operations		0
Total assets	(1,689,862)	(1,863,991)
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable - affiliate	(67,945)	(80,900)
Accounts payable - trade	0	0
Short-term debt	0	0
Accrued income and other taxes	0	0
Rationalizations	0	0
Other accrued liabilities	0	0
Short-term liabilities of discontinued operations	(5,043)	(877)
Total current liabilities	(72,988)	(81,777)
Long-term debt - affiliate	(55,999)	(46,074)
Long-term debt - third party	0	0
Other long-term obligations	0	0
Deferred income taxes	0	0
Long-term liabilities of discontinued operations		0
Total stockholders' equity	(1,560,875)	(1,736,140)
Total liabilities and stockholders’ equity	$ (1,689,862)	$ (1,863,991)

Guarantor Information (Income a

Guarantor Information (Income and Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Successor
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates	$ 0		$ 0
Sales - third party	115,365		210,941
Net sales	115,365		210,941
Cost of sales	120,266		217,696
Lower of cost or market inventory adjustment	3,504		14,625
Gross profit	(8,405)		(21,380)
Research and development	786		1,438
Selling and administrative expenses	13,487		27,157
Impairments	0		0
Rationalizations	(64)		58
Operating loss	(22,614)		(50,033)
Other (income) expense, net	(1,198)		(960)
Interest expense - affiliate	0		0
Interest expense - third party	6,436		12,896
Interest income - affiliate	0		0
Interest income	0		(12)
Income (Loss) from continuing operations before provision for income taxes	(27,852)		(61,957)
(Benefit) provision for income taxes	(5,591)		(5,886)
Equity in loss from continuing operations of subsidiary	0		0
Net (loss) income from continuing operations	(22,261)		(56,071)
Loss from discontinued operations, net of tax	(106,138)		(108,702)
Equity in loss from discontinued operations of subsidiary	0		0
Net (loss) income from discontinued operations	(106,138)		(108,702)
Net loss	(128,399)		(164,773)
Statements of Comprehensive Income
Net income	(128,399)		(164,773)
Other comprehensive income (loss), net of tax	(936)		11,701
Comprehensive (loss) income	(129,335)		(153,072)
Successor | Parent
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates	0		0
Sales - third party	0		0
Net sales	0		0
Cost of sales	0		0
Lower of cost or market inventory adjustment	0		0
Gross profit	0		0
Research and development	0		0
Selling and administrative expenses	0		0
Impairments	0
Rationalizations	0		0
Operating loss	0		0
Other (income) expense, net	0		6
Interest expense - affiliate	236		434
Interest expense - third party	6,353		12,697
Interest income - affiliate	0		0
Interest income	0		0
Income (Loss) from continuing operations before provision for income taxes	(6,589)		(13,137)
(Benefit) provision for income taxes	0		0
Equity in loss from continuing operations of subsidiary	(15,672)		(42,934)
Net (loss) income from continuing operations	(22,261)		(56,071)
Loss from discontinued operations, net of tax	0		0
Equity in loss from discontinued operations of subsidiary	(106,138)		(108,702)
Net (loss) income from discontinued operations	(106,138)		(108,702)
Net loss	(128,399)		(164,773)
Statements of Comprehensive Income
Net income	(128,399)		(164,773)
Other comprehensive income (loss), net of tax	(936)		11,701
Comprehensive (loss) income	(129,335)		(153,072)
Successor | Guarantors
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates	38,238		79,137
Sales - third party	21,824		42,644
Net sales	60,062		121,781
Cost of sales	43,760		105,414
Lower of cost or market inventory adjustment	1,761		3,782
Gross profit	14,541		12,585
Research and development	786		1,438
Selling and administrative expenses	3,688		9,674
Impairments	0
Rationalizations	28		115
Operating loss	10,039		1,358
Other (income) expense, net	472		742
Interest expense - affiliate	0		0
Interest expense - third party	13		54
Interest income - affiliate	(236)		(434)
Interest income	0		0
Income (Loss) from continuing operations before provision for income taxes	9,790		996
(Benefit) provision for income taxes	238		255
Equity in loss from continuing operations of subsidiary	(25,224)		(43,675)
Net (loss) income from continuing operations	(15,672)		(42,934)
Loss from discontinued operations, net of tax	(103,752)		(105,330)
Equity in loss from discontinued operations of subsidiary	(2,386)		(3,372)
Net (loss) income from discontinued operations	(106,138)		(108,702)
Net loss	(121,810)		(151,636)
Statements of Comprehensive Income
Net income	(121,810)		(151,636)
Other comprehensive income (loss), net of tax	(936)		11,701
Comprehensive (loss) income	(122,746)		(139,935)
Successor | Non-Guarantors
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates	16,081		35,724
Sales - third party	93,541		168,297
Net sales	109,622		204,021
Cost of sales	130,825		227,143
Lower of cost or market inventory adjustment	1,743		10,843
Gross profit	(22,946)		(33,965)
Research and development	0		0
Selling and administrative expenses	9,799		17,483
Impairments	0
Rationalizations	(92)		(57)
Operating loss	(32,653)		(51,391)
Other (income) expense, net	(1,670)		(1,708)
Interest expense - affiliate	0		0
Interest expense - third party	70		145
Interest income - affiliate	0		0
Interest income	0		(12)
Income (Loss) from continuing operations before provision for income taxes	(31,053)		(49,816)
(Benefit) provision for income taxes	(5,829)		(6,141)
Equity in loss from continuing operations of subsidiary	0		0
Net (loss) income from continuing operations	(25,224)		(43,675)
Loss from discontinued operations, net of tax	(2,386)		(3,372)
Net (loss) income from discontinued operations	(2,386)		(3,372)
Net loss	(27,610)		(47,047)
Statements of Comprehensive Income
Net income	(27,610)		(47,047)
Other comprehensive income (loss), net of tax	(936)		11,701
Comprehensive (loss) income	(28,546)		(35,346)
Predecessor
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates		$ 0		$ 0
Sales - third party		125,809		288,303
Net sales		125,809		288,303
Cost of sales		111,591		257,593
Lower of cost or market inventory adjustment		0		0
Gross profit		14,218		30,710
Research and development		1,150		2,667
Selling and administrative expenses		19,709		39,798
Impairments		0		35,381
Rationalizations		(26)		53
Operating loss		(6,615)		(47,189)
Other (income) expense, net		733		1,151
Interest expense - affiliate		0		0
Interest expense - third party		8,796		17,421
Interest income - affiliate		0		0
Interest income		(268)		(341)
Income (Loss) from continuing operations before provision for income taxes		(15,876)		(65,420)
(Benefit) provision for income taxes		1,239		1,219
Equity in loss from continuing operations of subsidiary		0		0
Net (loss) income from continuing operations		(17,115)		(66,639)
Loss from discontinued operations, net of tax		(5,702)		(11,786)
Equity in loss from discontinued operations of subsidiary		0		0
Net (loss) income from discontinued operations		(5,702)		(11,786)
Net loss		(22,817)		(78,425)
Statements of Comprehensive Income
Net income		(22,817)		(78,425)
Other comprehensive income (loss), net of tax		7,557		(21,209)
Comprehensive (loss) income		(15,260)		(99,634)
Predecessor | Parent
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates		0		0
Sales - third party		0		0
Net sales		0		0
Cost of sales		0		0
Gross profit		0		0
Research and development		0		0
Selling and administrative expenses		0		0
Impairments				0
Rationalizations		0		0
Operating loss		0		0
Other (income) expense, net		0		0
Interest expense - affiliate		0		0
Interest expense - third party		8,220		16,382
Interest income - affiliate		(145)		(305)
Interest income		0		0
Income (Loss) from continuing operations before provision for income taxes		(8,075)		(16,077)
(Benefit) provision for income taxes		0		0
Equity in loss from continuing operations of subsidiary		(9,040)		(50,562)
Net (loss) income from continuing operations		(17,115)		(66,639)
Loss from discontinued operations, net of tax		0		0
Equity in loss from discontinued operations of subsidiary		(5,702)		(11,786)
Net (loss) income from discontinued operations		(5,702)		(11,786)
Net loss		(22,817)		(78,425)
Statements of Comprehensive Income
Net income		(22,817)		(78,425)
Other comprehensive income (loss), net of tax		7,557		(21,209)
Comprehensive (loss) income		(15,260)		(99,634)
Predecessor | Guarantors
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates		51,654		97,324
Sales - third party		30,045		64,538
Net sales		81,699		161,862
Cost of sales		69,923		148,325
Gross profit		11,776		13,537
Research and development		1,150		2,667
Selling and administrative expenses		8,301		18,094
Impairments				35,381
Rationalizations		(29)		(29)
Operating loss		2,354		(42,576)
Other (income) expense, net		457		791
Interest expense - affiliate		145		305
Interest expense - third party		459		828
Interest income - affiliate		0		0
Interest income		0		0
Income (Loss) from continuing operations before provision for income taxes		1,293		(44,500)
(Benefit) provision for income taxes		(4,043)		(3,692)
Equity in loss from continuing operations of subsidiary		(14,376)		(9,754)
Net (loss) income from continuing operations		(9,040)		(50,562)
Loss from discontinued operations, net of tax		(4,340)		(5,644)
Equity in loss from discontinued operations of subsidiary		(1,362)		(6,142)
Net (loss) income from discontinued operations		(5,702)		(11,786)
Net loss		(14,742)		(62,348)
Statements of Comprehensive Income
Net income		(14,742)		(62,348)
Other comprehensive income (loss), net of tax		7,557		(21,209)
Comprehensive (loss) income		(7,185)		(83,557)
Predecessor | Non-Guarantors
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates		15,503		42,278
Sales - third party		95,764		223,765
Net sales		111,267		266,043
Cost of sales		108,825		248,870
Gross profit		2,442		17,173
Research and development		0		0
Selling and administrative expenses		11,408		21,704
Impairments				0
Rationalizations		3		82
Operating loss		(8,969)		(4,613)
Other (income) expense, net		276		360
Interest expense - affiliate		0		0
Interest expense - third party		117		211
Interest income - affiliate		0		0
Interest income		(268)		(341)
Income (Loss) from continuing operations before provision for income taxes		(9,094)		(4,843)
(Benefit) provision for income taxes		5,282		4,911
Equity in loss from continuing operations of subsidiary		0		0
Net (loss) income from continuing operations		(14,376)		(9,754)
Loss from discontinued operations, net of tax		(1,362)		(6,142)
Equity in loss from discontinued operations of subsidiary		0
Net (loss) income from discontinued operations		(1,362)		(6,142)
Net loss		(15,738)		(15,896)
Statements of Comprehensive Income
Net income		(15,738)		(15,896)
Other comprehensive income (loss), net of tax		6,623		(22,207)
Comprehensive (loss) income		(9,115)		(38,103)
Consolidating Entries and Eliminations | Successor
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates	(54,319)		(114,861)
Sales - third party	0		0
Net sales	(54,319)		(114,861)
Cost of sales	(54,319)		(114,861)
Lower of cost or market inventory adjustment	0		0
Gross profit	0		0
Research and development	0		0
Selling and administrative expenses	0		0
Impairments	0
Rationalizations	0		0
Operating loss	0		0
Other (income) expense, net	0		0
Interest expense - affiliate	(236)		(434)
Interest expense - third party	0		0
Interest income - affiliate	236		434
Interest income	0		0
Income (Loss) from continuing operations before provision for income taxes	0		0
(Benefit) provision for income taxes	0		0
Equity in loss from continuing operations of subsidiary	40,896		86,609
Net (loss) income from continuing operations	40,896		86,609
Loss from discontinued operations, net of tax	0		0
Equity in loss from discontinued operations of subsidiary	108,524		112,074
Net (loss) income from discontinued operations	108,524		112,074
Net loss	149,420		198,683
Statements of Comprehensive Income
Net income	149,420		198,683
Other comprehensive income (loss), net of tax	1,872		(23,402)
Comprehensive (loss) income	$ 151,292		$ 175,281
Consolidating Entries and Eliminations | Predecessor
Condensed Financial Statements, Captions [Line Items]
Sales - affiliates		(67,157)		(139,602)
Sales - third party		0		0
Net sales		(67,157)		(139,602)
Cost of sales		(67,157)		(139,602)
Gross profit		0		0
Research and development		0		0
Selling and administrative expenses		0		0
Impairments				0
Rationalizations		0		0
Operating loss		0		0
Other (income) expense, net		0		0
Interest expense - affiliate		(145)		(305)
Interest expense - third party		0		0
Interest income - affiliate		145		305
Interest income		0		0
Income (Loss) from continuing operations before provision for income taxes		0		0
(Benefit) provision for income taxes		0		0
Equity in loss from continuing operations of subsidiary		23,416		60,316
Net (loss) income from continuing operations		23,416		60,316
Loss from discontinued operations, net of tax		0		0
Equity in loss from discontinued operations of subsidiary		7,064		17,928
Net (loss) income from discontinued operations		7,064		17,928
Net loss		30,480		78,244
Statements of Comprehensive Income
Net income		30,480		78,244
Other comprehensive income (loss), net of tax		(14,180)		43,416
Comprehensive (loss) income		$ 16,300		$ 121,660

Guarantor Infromation (Cash Flo

Guarantor Infromation (Cash Flows) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flow from financing activities:
Cash and cash equivalents at beginning of period	$ 6,927
Cash and cash equivalents at end of period	13,409
Parent
Cash flow from financing activities:
Cash and cash equivalents at beginning of period	0
Cash and cash equivalents at end of period	0
Guarantors
Cash flow from financing activities:
Cash and cash equivalents at beginning of period	646
Cash and cash equivalents at end of period	737
Non-Guarantors
Cash flow from financing activities:
Cash and cash equivalents at beginning of period	6,281
Cash and cash equivalents at end of period	12,672
Successor
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities	11,185
Cash flow from investing activities:
(Loans to) repayments from affiliates	0
Capital expenditures	(15,140)
Proceeds from derivative instruments	(721)
Proceeds from the sale of assets	557
Net cash used in investing activities	(15,304)
Cash flow from financing activities:
Loans from (repayments to) affiliates	0
Short-term debt borrowings	11,004
Revolving Facility borrowings	32,000
Revolving Facility reductions	(32,000)
Principal payments on long term debt	(69)
Purchase of treasury shares	0
Revolving Facility refinancing	(922)
Other	0
Net cash provided by financing activities	10,013
Net change in cash and cash equivalents	5,894
Effect of exchange rate changes on cash and cash equivalents	588
Cash and cash equivalents at beginning of period	6,927
Cash and cash equivalents at end of period	13,409
Successor | Parent
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities	(9,568)
Cash flow from investing activities:
(Loans to) repayments from affiliates	0
Capital expenditures	0
Proceeds from derivative instruments	0
Proceeds from the sale of assets	0
Net cash used in investing activities	0
Cash flow from financing activities:
Loans from (repayments to) affiliates	9,568
Short-term debt borrowings	0
Revolving Facility borrowings	0
Revolving Facility reductions	0
Principal payments on long term debt	0
Revolving Facility refinancing	0
Net cash provided by financing activities	9,568
Net change in cash and cash equivalents	0
Effect of exchange rate changes on cash and cash equivalents	0
Cash and cash equivalents at beginning of period	0
Cash and cash equivalents at end of period	0
Successor | Guarantors
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities	14,014
Cash flow from investing activities:
(Loans to) repayments from affiliates	(9,568)
Capital expenditures	(4,825)
Proceeds from derivative instruments
Proceeds from the sale of assets	458
Net cash used in investing activities	(13,935)
Cash flow from financing activities:
Loans from (repayments to) affiliates	0
Short-term debt borrowings	6,002
Revolving Facility borrowings	27,000
Revolving Facility reductions	(32,000)
Principal payments on long term debt	(69)
Revolving Facility refinancing	(922)
Net cash provided by financing activities	11
Net change in cash and cash equivalents	90
Effect of exchange rate changes on cash and cash equivalents	0
Cash and cash equivalents at beginning of period	646
Cash and cash equivalents at end of period	736
Successor | Non-Guarantors
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities	6,739
Cash flow from investing activities:
(Loans to) repayments from affiliates	0
Capital expenditures	(10,315)
Proceeds from derivative instruments	(721)
Proceeds from the sale of assets	99
Net cash used in investing activities	(10,937)
Cash flow from financing activities:
Loans from (repayments to) affiliates	0
Short-term debt borrowings	5,002
Revolving Facility borrowings	5,000
Revolving Facility reductions	0
Principal payments on long term debt	0
Revolving Facility refinancing	0
Net cash provided by financing activities	10,002
Net change in cash and cash equivalents	5,804
Effect of exchange rate changes on cash and cash equivalents	588
Cash and cash equivalents at beginning of period	6,281
Cash and cash equivalents at end of period	12,673
Predecessor
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities		$ 24,220
Cash flow from investing activities:
(Loans to) repayments from affiliates		0
Capital expenditures		(25,620)
Proceeds from derivative instruments		(7,804)
Proceeds from the sale of assets		638
Net cash used in investing activities		(32,786)
Cash flow from financing activities:
Loans from (repayments to) affiliates		0
Dividends to affiliates		0
Short-term debt borrowings		4,506
Revolving Facility borrowings		74,000
Revolving Facility reductions		(66,000)
Principal payments on long term debt		(67)
Purchase of treasury shares		(63)
Revolving Facility refinancing		(2,722)
Other		(2,850)
Net cash provided by financing activities		6,804
Net change in cash and cash equivalents		(1,762)
Effect of exchange rate changes on cash and cash equivalents		(1,283)
Cash and cash equivalents at beginning of period		17,550
Cash and cash equivalents at end of period		14,505
Predecessor | Parent
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities		(7,355)
Cash flow from investing activities:
(Loans to) repayments from affiliates		7,418
Capital expenditures		0
Proceeds from derivative instruments		0
Proceeds from the sale of assets		0
Net cash used in investing activities		7,418
Cash flow from financing activities:
Loans from (repayments to) affiliates		0
Dividends to affiliates		0
Short-term debt borrowings		0
Revolving Facility borrowings		0
Revolving Facility reductions		0
Principal payments on long term debt		0
Purchase of treasury shares		(63)
Revolving Facility refinancing		0
Other		0
Net cash provided by financing activities		(63)
Net change in cash and cash equivalents		0
Effect of exchange rate changes on cash and cash equivalents		0
Cash and cash equivalents at beginning of period		0
Cash and cash equivalents at end of period		0
Predecessor | Guarantors
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities		22,992
Cash flow from investing activities:
(Loans to) repayments from affiliates		0
Capital expenditures		(16,994)
Proceeds from derivative instruments		(7,595)
Proceeds from the sale of assets		397
Net cash used in investing activities		(24,192)
Cash flow from financing activities:
Loans from (repayments to) affiliates		(7,418)
Dividends to affiliates		0
Short-term debt borrowings		2,001
Revolving Facility borrowings		62,000
Revolving Facility reductions		(54,000)
Principal payments on long term debt		(67)
Purchase of treasury shares		0
Revolving Facility refinancing		(2,691)
Other		(2,850)
Net cash provided by financing activities		(3,025)
Net change in cash and cash equivalents		(4,225)
Effect of exchange rate changes on cash and cash equivalents		0
Cash and cash equivalents at beginning of period		5,503
Cash and cash equivalents at end of period		1,278
Predecessor | Non-Guarantors
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities		36,293
Cash flow from investing activities:
(Loans to) repayments from affiliates		0
Capital expenditures		(8,626)
Proceeds from derivative instruments		(209)
Proceeds from the sale of assets		241
Net cash used in investing activities		(8,594)
Cash flow from financing activities:
Loans from (repayments to) affiliates		0
Dividends to affiliates		(27,710)
Short-term debt borrowings		2,505
Revolving Facility borrowings		12,000
Revolving Facility reductions		(12,000)
Principal payments on long term debt		0
Purchase of treasury shares		0
Revolving Facility refinancing		(31)
Other		0
Net cash provided by financing activities		(25,236)
Net change in cash and cash equivalents		2,463
Effect of exchange rate changes on cash and cash equivalents		(1,283)
Cash and cash equivalents at beginning of period		12,047
Cash and cash equivalents at end of period		13,227
Consolidating Entries and Eliminations
Cash flow from financing activities:
Cash and cash equivalents at beginning of period	0
Cash and cash equivalents at end of period	0
Consolidating Entries and Eliminations | Successor
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities	0
Cash flow from investing activities:
(Loans to) repayments from affiliates	9,568
Capital expenditures	0
Proceeds from derivative instruments	0
Proceeds from the sale of assets	0
Net cash used in investing activities	9,568
Cash flow from financing activities:
Loans from (repayments to) affiliates	(9,568)
Short-term debt borrowings	0
Revolving Facility borrowings	0
Revolving Facility reductions	0
Principal payments on long term debt	0
Revolving Facility refinancing	0
Net cash provided by financing activities	(9,568)
Net change in cash and cash equivalents	0
Effect of exchange rate changes on cash and cash equivalents	0
Cash and cash equivalents at beginning of period	0
Cash and cash equivalents at end of period	$ 0
Consolidating Entries and Eliminations | Predecessor
Condensed Financial Statements, Captions [Line Items]
Net cash (used in) provided by operating activities		(27,710)
Cash flow from investing activities:
(Loans to) repayments from affiliates		(7,418)
Capital expenditures		0
Proceeds from derivative instruments		0
Net cash used in investing activities		(7,418)
Cash flow from financing activities:
Loans from (repayments to) affiliates		7,418
Dividends to affiliates		27,710
Short-term debt borrowings		0
Revolving Facility borrowings		0
Revolving Facility reductions		0
Principal payments on long term debt		0
Purchase of treasury shares		0
Revolving Facility refinancing		0
Other		0
Net cash provided by financing activities		35,128
Net change in cash and cash equivalents		0
Effect of exchange rate changes on cash and cash equivalents		0
Cash and cash equivalents at beginning of period		0
Cash and cash equivalents at end of period		$ 0