Condensed consolidating financial information (Details) (USD $) | 3 Months Ended | 6 Months Ended | | | | |
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
Guarantor Obligations [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of subsidiary guarantor owned by company (in hundredths) | ' | ' | 100.00% | ' | ' | ' | ' | ' |
Assets: | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | $61,384 | $127,531 | $61,384 | $127,531 | ' | ' | ' | ' |
Restricted cash | 3,031 | ' | 3,031 | ' | ' | 1,697 | ' | ' |
Accounts receivable — net | 52,253 | ' | 52,253 | ' | ' | 56,184 | ' | ' |
Due from affiliates | 54,094 | ' | 54,094 | ' | ' | 43,587 | ' | ' |
Inventories | 243,648 | ' | 243,648 | ' | ' | 239,615 | ' | ' |
Prepaid and other current assets | 25,320 | ' | 25,320 | ' | ' | 32,276 | ' | ' |
Deferred taxes | 13,614 | ' | 13,614 | ' | ' | 13,614 | ' | ' |
Total current assets | 453,344 | ' | 453,344 | ' | ' | 471,061 | ' | ' |
Investment in subsidiaries | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Property, plant and equipment — net | 1,230,014 | ' | 1,230,014 | ' | ' | 1,247,661 | ' | ' |
Due from affiliates — less current portion | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Other assets | 93,122 | ' | 93,122 | ' | ' | 91,474 | ' | ' |
TOTAL | 1,776,480 | ' | 1,776,480 | ' | ' | 1,810,196 | ' | ' |
Liabilities and shareholders' equity: | ' | ' | ' | ' | ' | ' | ' | ' |
Accounts payable, trade | 95,897 | ' | 95,897 | ' | ' | 108,490 | ' | ' |
Due to affiliates | 52,356 | ' | 52,356 | ' | ' | 53,582 | ' | ' |
Accrued and other current liabilities | 45,182 | ' | 45,182 | ' | ' | 69,466 | ' | ' |
Accrued employee benefits costs | 8,533 | ' | 8,533 | ' | ' | 8,410 | ' | ' |
Industrial revenue bonds | 7,815 | ' | 7,815 | ' | ' | 7,815 | ' | ' |
Total current liabilities | 209,783 | ' | 209,783 | ' | ' | 247,763 | ' | ' |
Senior notes payable | 246,705 | ' | 246,705 | ' | ' | 246,528 | ' | ' |
Accrued pension benefit costs — less current portion | 41,724 | ' | 41,724 | ' | ' | 39,848 | ' | ' |
Accrued postretirement benefits costs — less current portion | 128,287 | ' | 128,287 | ' | ' | 129,284 | ' | ' |
Other liabilities/intercompany loan | 37,416 | ' | 37,416 | ' | ' | 37,743 | ' | ' |
Deferred taxes | 108,932 | ' | 108,932 | ' | ' | 106,218 | ' | ' |
Total noncurrent liabilities | 563,064 | ' | 563,064 | ' | ' | 559,621 | ' | ' |
Shareholders' equity: | ' | ' | ' | ' | ' | ' | ' | ' |
Series A Preferred stock | 1 | ' | 1 | ' | ' | 1 | ' | ' |
Common stock | 936 | ' | 936 | ' | ' | 935 | ' | ' |
Additional paid-in capital | 2,509,186 | ' | 2,509,186 | ' | ' | 2,508,574 | ' | ' |
Treasury stock, at cost | -49,924 | ' | -49,924 | ' | ' | -49,924 | ' | ' |
Accumulated other comprehensive loss | -91,864 | -139,163 | -91,864 | -139,163 | -91,733 | -91,832 | -150,297 | -151,192 |
Retained earnings (accumulated deficit) | -1,364,702 | ' | -1,364,702 | ' | ' | -1,364,942 | ' | ' |
Total shareholders’ equity | 1,003,633 | ' | 1,003,633 | ' | ' | 1,002,812 | ' | ' |
Total | 1,776,480 | ' | 1,776,480 | ' | ' | 1,810,196 | ' | ' |
Net sales: | ' | ' | ' | ' | ' | ' | ' | ' |
Third-party customers | 169,751 | 220,950 | 305,015 | 409,464 | ' | ' | ' | ' |
Related parties | 288,573 | 110,987 | 574,156 | 243,747 | ' | ' | ' | ' |
Sales Revenue – net | 458,324 | 331,937 | 879,171 | 653,211 | ' | ' | ' | ' |
Cost of goods sold | 419,820 | 337,635 | 842,425 | 641,327 | ' | ' | ' | ' |
Gross profit (loss) | 38,504 | -5,698 | 36,746 | 11,884 | ' | ' | ' | ' |
Other operating expense – net | 1,874 | 3,018 | 4,288 | 4,114 | ' | ' | ' | ' |
Selling, general and administrative expenses | 10,618 | 15,154 | 20,680 | 31,453 | ' | ' | ' | ' |
Operating income | 26,012 | -23,870 | 11,778 | -23,683 | ' | ' | ' | ' |
Interest expense – third party | -5,571 | -6,224 | -11,048 | -12,300 | ' | ' | ' | ' |
Interest expense – affiliates | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Interest income – third party | 34 | 186 | 174 | 317 | ' | ' | ' | ' |
Net gain (loss) on forward and derivative contracts | 352 | 204 | -527 | 15,711 | ' | ' | ' | ' |
Gain on bargain purchase | 0 | 5,253 | 0 | 5,253 | ' | ' | ' | ' |
Loss on early extinguishment of debt | 0 | -3,272 | 0 | -3,272 | ' | ' | ' | ' |
Other income (expense) – net | 300 | -1,284 | 47 | -1,214 | ' | ' | ' | ' |
Income (loss) before income taxes and equity in earnings (losses) of subsidiaries and joint ventures | 21,127 | -29,007 | 424 | -19,188 | ' | ' | ' | ' |
Income tax expense | -1,654 | -813 | -560 | -3,330 | ' | ' | ' | ' |
Income (loss) before equity in earnings (losses) of subsidiaries and joint ventures | 19,473 | -29,820 | -136 | -22,518 | ' | ' | ' | ' |
Equity in earnings (losses) of subsidiaries and joint ventures | 871 | 436 | 376 | 1,387 | ' | ' | ' | ' |
Net income (loss) | 20,344 | -29,384 | 240 | -21,131 | ' | ' | ' | ' |
Other comprehensive income before income tax effect | 436 | 11,517 | 1,248 | 12,794 | ' | ' | ' | ' |
Income tax effect | -567 | -383 | -1,280 | -765 | ' | ' | ' | ' |
Other comprehensive income (loss) | -131 | 11,134 | -32 | 12,029 | ' | ' | ' | ' |
Comprehensive income (loss) | 20,213 | -18,250 | 208 | -9,102 | ' | ' | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS | ' | ' | ' | ' | ' | ' | ' | ' |
Net cash provided by operating activities | ' | ' | 8,628 | 22,976 | ' | ' | ' | ' |
Purchase of property, plant and equipment | ' | ' | -16,758 | -16,565 | ' | ' | ' | ' |
Nordural expansion — Helguvik | ' | ' | -186 | -2,559 | ' | ' | ' | ' |
Purchase of carbon anode assets and improvements | ' | ' | -7,226 | -3,670 | ' | ' | ' | ' |
Purchase of Sebree smelter | ' | ' | 0 | -48,058 | ' | ' | ' | ' |
Proceeds from sale of property, plant and equipment | ' | ' | 46 | 515 | ' | ' | ' | ' |
Restricted and other cash deposits | ' | ' | -1,334 | -720 | ' | ' | ' | ' |
Net cash used in investing activities | ' | ' | -25,458 | -71,057 | ' | ' | ' | ' |
Financing activities: | ' | ' | ' | ' | ' | ' | ' | ' |
Repayment of debt | ' | ' | 0 | -249,604 | ' | ' | ' | ' |
Proceeds from issuance of debt | ' | ' | 0 | 246,330 | ' | ' | ' | ' |
Borrowings under revolving credit facilities | ' | ' | 86,646 | 0 | ' | ' | ' | ' |
Repayments under revolving credit facilities | ' | ' | -92,646 | 0 | ' | ' | ' | ' |
Debt issuance costs | ' | ' | 0 | -3,926 | ' | ' | ' | ' |
Debt retirement costs | ' | ' | 0 | -1,208 | ' | ' | ' | ' |
Intercompany transactions | ' | ' | 0 | 0 | ' | ' | ' | ' |
Issuance of common stock | ' | ' | 126 | 44 | ' | ' | ' | ' |
Net cash provided by (used in) financing activities | ' | ' | -5,874 | -8,364 | ' | ' | ' | ' |
Change in cash and cash equivalents | ' | ' | -22,704 | -56,445 | ' | ' | ' | ' |
Cash and cash equivalents, beginning of period | ' | ' | 84,088 | 183,976 | ' | ' | ' | ' |
Cash and cash equivalents, end of period | 61,384 | 127,531 | 61,384 | 127,531 | ' | ' | ' | ' |
Senior unsecured notes due August 15, 2014 [Member] | ' | ' | ' | ' | ' | ' | ' | ' |
Guarantor Obligations [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate (in hundredths) | 7.50% | ' | 7.50% | ' | ' | ' | ' | ' |
Combined Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' | ' | ' | ' |
Assets: | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Restricted cash | 2,789 | ' | 2,789 | ' | ' | 787 | ' | ' |
Accounts receivable — net | 51,687 | ' | 51,687 | ' | ' | 45,205 | ' | ' |
Due from affiliates | 313,628 | ' | 313,628 | ' | ' | 303,031 | ' | ' |
Inventories | 158,398 | ' | 158,398 | ' | ' | 166,137 | ' | ' |
Prepaid and other current assets | 2,200 | ' | 2,200 | ' | ' | 6,350 | ' | ' |
Deferred taxes | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Total current assets | 528,702 | ' | 528,702 | ' | ' | 521,510 | ' | ' |
Investment in subsidiaries | 64,904 | ' | 64,904 | ' | ' | 55,929 | ' | ' |
Property, plant and equipment — net | 339,951 | ' | 339,951 | ' | ' | 351,096 | ' | ' |
Due from affiliates — less current portion | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Other assets | 20,034 | ' | 20,034 | ' | ' | 21,163 | ' | ' |
TOTAL | 953,591 | ' | 953,591 | ' | ' | 949,698 | ' | ' |
Liabilities and shareholders' equity: | ' | ' | ' | ' | ' | ' | ' | ' |
Accounts payable, trade | 52,546 | ' | 52,546 | ' | ' | 65,384 | ' | ' |
Due to affiliates | 2,036,103 | ' | 2,036,103 | ' | ' | 2,015,550 | ' | ' |
Accrued and other current liabilities | 18,936 | ' | 18,936 | ' | ' | 25,419 | ' | ' |
Accrued employee benefits costs | 6,692 | ' | 6,692 | ' | ' | 12,880 | ' | ' |
Industrial revenue bonds | 7,815 | ' | 7,815 | ' | ' | 7,815 | ' | ' |
Total current liabilities | 2,122,092 | ' | 2,122,092 | ' | ' | 2,127,048 | ' | ' |
Senior notes payable | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Accrued pension benefit costs — less current portion | 13,177 | ' | 13,177 | ' | ' | 6,183 | ' | ' |
Accrued postretirement benefits costs — less current portion | 123,771 | ' | 123,771 | ' | ' | 124,466 | ' | ' |
Other liabilities/intercompany loan | 57,359 | ' | 57,359 | ' | ' | 58,367 | ' | ' |
Deferred taxes | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Total noncurrent liabilities | 194,307 | ' | 194,307 | ' | ' | 189,016 | ' | ' |
Shareholders' equity: | ' | ' | ' | ' | ' | ' | ' | ' |
Series A Preferred stock | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Common stock | 60 | ' | 60 | ' | ' | 60 | ' | ' |
Additional paid-in capital | 275,467 | ' | 275,467 | ' | ' | 268,467 | ' | ' |
Treasury stock, at cost | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Accumulated other comprehensive loss | -90,978 | ' | -90,978 | ' | ' | -92,803 | ' | ' |
Retained earnings (accumulated deficit) | -1,547,357 | ' | -1,547,357 | ' | ' | -1,542,090 | ' | ' |
Total shareholders’ equity | -1,362,808 | ' | -1,362,808 | ' | ' | -1,366,366 | ' | ' |
Total | 953,591 | ' | 953,591 | ' | ' | 949,698 | ' | ' |
Net sales: | ' | ' | ' | ' | ' | ' | ' | ' |
Third-party customers | 169,747 | 173,986 | 304,999 | 311,084 | ' | ' | ' | ' |
Related parties | 157,807 | 51,651 | 321,847 | 118,280 | ' | ' | ' | ' |
Sales Revenue – net | 327,554 | 225,637 | 626,846 | 429,364 | ' | ' | ' | ' |
Cost of goods sold | 307,005 | 250,395 | 619,629 | 461,580 | ' | ' | ' | ' |
Gross profit (loss) | 20,549 | -24,758 | 7,217 | -32,216 | ' | ' | ' | ' |
Other operating expense – net | 1,874 | 3,018 | 4,288 | 4,114 | ' | ' | ' | ' |
Selling, general and administrative expenses | 10,180 | 11,755 | 19,551 | 24,644 | ' | ' | ' | ' |
Operating income | 8,495 | -39,531 | -16,622 | -60,974 | ' | ' | ' | ' |
Interest expense – third party | -5,500 | -6,224 | -10,919 | -12,300 | ' | ' | ' | ' |
Interest expense – affiliates | 12,430 | 14,521 | 24,891 | 29,017 | ' | ' | ' | ' |
Interest income – third party | 2 | 17 | 5 | 31 | ' | ' | ' | ' |
Net gain (loss) on forward and derivative contracts | 352 | 204 | -527 | 15,711 | ' | ' | ' | ' |
Gain on bargain purchase | ' | 5,253 | ' | 5,253 | ' | ' | ' | ' |
Loss on early extinguishment of debt | ' | -3,272 | ' | -3,272 | ' | ' | ' | ' |
Other income (expense) – net | 436 | -128 | 216 | -9 | ' | ' | ' | ' |
Income (loss) before income taxes and equity in earnings (losses) of subsidiaries and joint ventures | 16,215 | -29,160 | -2,956 | -26,543 | ' | ' | ' | ' |
Income tax expense | -5,743 | 1,318 | -4,296 | -5,784 | ' | ' | ' | ' |
Income (loss) before equity in earnings (losses) of subsidiaries and joint ventures | 10,472 | -27,842 | -7,252 | -32,327 | ' | ' | ' | ' |
Equity in earnings (losses) of subsidiaries and joint ventures | 2,353 | -3,044 | 1,987 | -5,266 | ' | ' | ' | ' |
Net income (loss) | 12,825 | -30,886 | -5,265 | -37,593 | ' | ' | ' | ' |
Other comprehensive income before income tax effect | 466 | 10,006 | 1,056 | 11,090 | ' | ' | ' | ' |
Income tax effect | -558 | -357 | -1,263 | -748 | ' | ' | ' | ' |
Other comprehensive income (loss) | -92 | 9,649 | -207 | 10,342 | ' | ' | ' | ' |
Comprehensive income (loss) | 12,733 | -21,237 | -5,472 | -27,251 | ' | ' | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS | ' | ' | ' | ' | ' | ' | ' | ' |
Net cash provided by operating activities | ' | ' | 4,808 | 34,027 | ' | ' | ' | ' |
Purchase of property, plant and equipment | ' | ' | -7,210 | -5,240 | ' | ' | ' | ' |
Nordural expansion — Helguvik | ' | ' | 0 | 0 | ' | ' | ' | ' |
Purchase of carbon anode assets and improvements | ' | ' | 0 | 0 | ' | ' | ' | ' |
Purchase of Sebree smelter | ' | ' | ' | -48,058 | ' | ' | ' | ' |
Proceeds from sale of property, plant and equipment | ' | ' | 0 | 0 | ' | ' | ' | ' |
Restricted and other cash deposits | ' | ' | -2,002 | 258 | ' | ' | ' | ' |
Net cash used in investing activities | ' | ' | -9,212 | -53,040 | ' | ' | ' | ' |
Financing activities: | ' | ' | ' | ' | ' | ' | ' | ' |
Repayment of debt | ' | ' | ' | 0 | ' | ' | ' | ' |
Proceeds from issuance of debt | ' | ' | ' | 0 | ' | ' | ' | ' |
Borrowings under revolving credit facilities | ' | ' | 0 | ' | ' | ' | ' | ' |
Repayments under revolving credit facilities | ' | ' | 0 | ' | ' | ' | ' | ' |
Debt issuance costs | ' | ' | ' | 0 | ' | ' | ' | ' |
Debt retirement costs | ' | ' | ' | 0 | ' | ' | ' | ' |
Intercompany transactions | ' | ' | 4,404 | 19,013 | ' | ' | ' | ' |
Issuance of common stock | ' | ' | 0 | 0 | ' | ' | ' | ' |
Net cash provided by (used in) financing activities | ' | ' | 4,404 | 19,013 | ' | ' | ' | ' |
Change in cash and cash equivalents | ' | ' | 0 | 0 | ' | ' | ' | ' |
Cash and cash equivalents, beginning of period | ' | ' | 0 | 0 | ' | ' | ' | ' |
Cash and cash equivalents, end of period | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Combined Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' | ' | ' | ' |
Assets: | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 44,984 | 82,104 | 44,984 | 82,104 | ' | ' | ' | ' |
Restricted cash | 242 | ' | 242 | ' | ' | 910 | ' | ' |
Accounts receivable — net | 566 | ' | 566 | ' | ' | 10,979 | ' | ' |
Due from affiliates | 46,875 | ' | 46,875 | ' | ' | 36,995 | ' | ' |
Inventories | 87,129 | ' | 87,129 | ' | ' | 73,478 | ' | ' |
Prepaid and other current assets | 17,588 | ' | 17,588 | ' | ' | 20,531 | ' | ' |
Deferred taxes | 13,614 | ' | 13,614 | ' | ' | 14,540 | ' | ' |
Total current assets | 210,998 | ' | 210,998 | ' | ' | 195,410 | ' | ' |
Investment in subsidiaries | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Property, plant and equipment — net | 889,052 | ' | 889,052 | ' | ' | 895,381 | ' | ' |
Due from affiliates — less current portion | 41,928 | ' | 41,928 | ' | ' | 32,066 | ' | ' |
Other assets | 38,088 | ' | 38,088 | ' | ' | 33,132 | ' | ' |
TOTAL | 1,180,066 | ' | 1,180,066 | ' | ' | 1,155,989 | ' | ' |
Liabilities and shareholders' equity: | ' | ' | ' | ' | ' | ' | ' | ' |
Accounts payable, trade | 42,627 | ' | 42,627 | ' | ' | 42,351 | ' | ' |
Due to affiliates | 101,807 | ' | 101,807 | ' | ' | 97,351 | ' | ' |
Accrued and other current liabilities | 16,984 | ' | 16,984 | ' | ' | 26,005 | ' | ' |
Accrued employee benefits costs | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Industrial revenue bonds | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Total current liabilities | 161,418 | ' | 161,418 | ' | ' | 165,707 | ' | ' |
Senior notes payable | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Accrued pension benefit costs — less current portion | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Accrued postretirement benefits costs — less current portion | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Other liabilities/intercompany loan | 564,004 | ' | 564,004 | ' | ' | 548,985 | ' | ' |
Deferred taxes | 108,932 | ' | 108,932 | ' | ' | 106,218 | ' | ' |
Total noncurrent liabilities | 672,936 | ' | 672,936 | ' | ' | 655,203 | ' | ' |
Shareholders' equity: | ' | ' | ' | ' | ' | ' | ' | ' |
Series A Preferred stock | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Common stock | 12 | ' | 12 | ' | ' | 12 | ' | ' |
Additional paid-in capital | 182,943 | ' | 182,943 | ' | ' | 179,493 | ' | ' |
Treasury stock, at cost | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Accumulated other comprehensive loss | -1,754 | ' | -1,754 | ' | ' | -1,678 | ' | ' |
Retained earnings (accumulated deficit) | 164,511 | ' | 164,511 | ' | ' | 157,252 | ' | ' |
Total shareholders’ equity | 345,712 | ' | 345,712 | ' | ' | 335,079 | ' | ' |
Total | 1,180,066 | ' | 1,180,066 | ' | ' | 1,155,989 | ' | ' |
Net sales: | ' | ' | ' | ' | ' | ' | ' | ' |
Third-party customers | 4 | 46,964 | 16 | 98,380 | ' | ' | ' | ' |
Related parties | 130,766 | 59,336 | 252,309 | 125,467 | ' | ' | ' | ' |
Sales Revenue – net | 130,770 | 106,300 | 252,325 | 223,847 | ' | ' | ' | ' |
Cost of goods sold | 112,815 | 87,240 | 222,796 | 179,747 | ' | ' | ' | ' |
Gross profit (loss) | 17,955 | 19,060 | 29,529 | 44,100 | ' | ' | ' | ' |
Other operating expense – net | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Selling, general and administrative expenses | 438 | 3,399 | 1,129 | 6,809 | ' | ' | ' | ' |
Operating income | 17,517 | 15,661 | 28,400 | 37,291 | ' | ' | ' | ' |
Interest expense – third party | -71 | 0 | -129 | 0 | ' | ' | ' | ' |
Interest expense – affiliates | -12,430 | -14,521 | -24,891 | -29,017 | ' | ' | ' | ' |
Interest income – third party | 32 | 169 | 169 | 286 | ' | ' | ' | ' |
Net gain (loss) on forward and derivative contracts | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Gain on bargain purchase | ' | 0 | ' | 0 | ' | ' | ' | ' |
Loss on early extinguishment of debt | ' | 0 | ' | 0 | ' | ' | ' | ' |
Other income (expense) – net | -54 | -1,156 | -87 | -1,205 | ' | ' | ' | ' |
Income (loss) before income taxes and equity in earnings (losses) of subsidiaries and joint ventures | 4,994 | 153 | 3,462 | 7,355 | ' | ' | ' | ' |
Income tax expense | 3,972 | -2,131 | 3,428 | 2,454 | ' | ' | ' | ' |
Income (loss) before equity in earnings (losses) of subsidiaries and joint ventures | 8,966 | -1,978 | 6,890 | 9,809 | ' | ' | ' | ' |
Equity in earnings (losses) of subsidiaries and joint ventures | 871 | 436 | 376 | 1,387 | ' | ' | ' | ' |
Net income (loss) | 9,837 | -1,542 | 7,266 | 11,196 | ' | ' | ' | ' |
Other comprehensive income before income tax effect | -46 | -46 | -93 | -93 | ' | ' | ' | ' |
Income tax effect | 9 | 8 | 17 | 17 | ' | ' | ' | ' |
Other comprehensive income (loss) | -37 | -38 | -76 | -76 | ' | ' | ' | ' |
Comprehensive income (loss) | 9,800 | -1,580 | 7,190 | 11,120 | ' | ' | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS | ' | ' | ' | ' | ' | ' | ' | ' |
Net cash provided by operating activities | ' | ' | 3,820 | -11,051 | ' | ' | ' | ' |
Purchase of property, plant and equipment | ' | ' | -9,502 | -10,751 | ' | ' | ' | ' |
Nordural expansion — Helguvik | ' | ' | -186 | -2,559 | ' | ' | ' | ' |
Purchase of carbon anode assets and improvements | ' | ' | -7,226 | -3,670 | ' | ' | ' | ' |
Purchase of Sebree smelter | ' | ' | ' | 0 | ' | ' | ' | ' |
Proceeds from sale of property, plant and equipment | ' | ' | 46 | 515 | ' | ' | ' | ' |
Restricted and other cash deposits | ' | ' | 668 | -978 | ' | ' | ' | ' |
Net cash used in investing activities | ' | ' | -16,200 | -17,443 | ' | ' | ' | ' |
Financing activities: | ' | ' | ' | ' | ' | ' | ' | ' |
Repayment of debt | ' | ' | ' | 0 | ' | ' | ' | ' |
Proceeds from issuance of debt | ' | ' | ' | 0 | ' | ' | ' | ' |
Borrowings under revolving credit facilities | ' | ' | 0 | ' | ' | ' | ' | ' |
Repayments under revolving credit facilities | ' | ' | -6,000 | ' | ' | ' | ' | ' |
Debt issuance costs | ' | ' | ' | 0 | ' | ' | ' | ' |
Debt retirement costs | ' | ' | ' | 0 | ' | ' | ' | ' |
Intercompany transactions | ' | ' | 25,387 | 582 | ' | ' | ' | ' |
Issuance of common stock | ' | ' | 0 | 0 | ' | ' | ' | ' |
Net cash provided by (used in) financing activities | ' | ' | 19,387 | 582 | ' | ' | ' | ' |
Change in cash and cash equivalents | ' | ' | 7,007 | -27,912 | ' | ' | ' | ' |
Cash and cash equivalents, beginning of period | ' | ' | 37,977 | 110,016 | ' | ' | ' | ' |
Cash and cash equivalents, end of period | 44,984 | 82,104 | 44,984 | 82,104 | ' | ' | ' | ' |
The Company [Member] | ' | ' | ' | ' | ' | ' | ' | ' |
Assets: | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 16,400 | 45,427 | 16,400 | 45,427 | ' | ' | ' | ' |
Restricted cash | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Accounts receivable — net | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Due from affiliates | 2,321,841 | ' | 2,321,841 | ' | ' | 2,304,874 | ' | ' |
Inventories | 180 | ' | 180 | ' | ' | 0 | ' | ' |
Prepaid and other current assets | 5,224 | ' | 5,224 | ' | ' | 5,395 | ' | ' |
Deferred taxes | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Total current assets | 2,343,645 | ' | 2,343,645 | ' | ' | 2,356,380 | ' | ' |
Investment in subsidiaries | -1,078,450 | ' | -1,078,450 | ' | ' | -1,087,216 | ' | ' |
Property, plant and equipment — net | 1,451 | ' | 1,451 | ' | ' | 1,621 | ' | ' |
Due from affiliates — less current portion | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Other assets | 32,214 | ' | 32,214 | ' | ' | 32,431 | ' | ' |
TOTAL | 1,298,860 | ' | 1,298,860 | ' | ' | 1,303,216 | ' | ' |
Liabilities and shareholders' equity: | ' | ' | ' | ' | ' | ' | ' | ' |
Accounts payable, trade | 724 | ' | 724 | ' | ' | 755 | ' | ' |
Due to affiliates | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Accrued and other current liabilities | 10,485 | ' | 10,485 | ' | ' | 16,486 | ' | ' |
Accrued employee benefits costs | 1,841 | ' | 1,841 | ' | ' | 2,737 | ' | ' |
Industrial revenue bonds | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Total current liabilities | 13,050 | ' | 13,050 | ' | ' | 19,978 | ' | ' |
Senior notes payable | 246,705 | ' | 246,705 | ' | ' | 246,528 | ' | ' |
Accrued pension benefit costs — less current portion | 28,547 | ' | 28,547 | ' | ' | 26,458 | ' | ' |
Accrued postretirement benefits costs — less current portion | 4,516 | ' | 4,516 | ' | ' | 4,818 | ' | ' |
Other liabilities/intercompany loan | 2,409 | ' | 2,409 | ' | ' | 2,622 | ' | ' |
Deferred taxes | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Total noncurrent liabilities | 282,177 | ' | 282,177 | ' | ' | 280,426 | ' | ' |
Shareholders' equity: | ' | ' | ' | ' | ' | ' | ' | ' |
Series A Preferred stock | 1 | ' | 1 | ' | ' | 1 | ' | ' |
Common stock | 936 | ' | 936 | ' | ' | 935 | ' | ' |
Additional paid-in capital | 2,509,186 | ' | 2,509,186 | ' | ' | 2,508,574 | ' | ' |
Treasury stock, at cost | -49,924 | ' | -49,924 | ' | ' | -49,924 | ' | ' |
Accumulated other comprehensive loss | -91,864 | ' | -91,864 | ' | ' | -91,832 | ' | ' |
Retained earnings (accumulated deficit) | -1,364,702 | ' | -1,364,702 | ' | ' | -1,364,942 | ' | ' |
Total shareholders’ equity | 1,003,633 | ' | 1,003,633 | ' | ' | 1,002,812 | ' | ' |
Total | 1,298,860 | ' | 1,298,860 | ' | ' | 1,303,216 | ' | ' |
Net sales: | ' | ' | ' | ' | ' | ' | ' | ' |
Third-party customers | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Related parties | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Sales Revenue – net | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Cost of goods sold | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Gross profit (loss) | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Other operating expense – net | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Selling, general and administrative expenses | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Operating income | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Interest expense – third party | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Interest expense – affiliates | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Interest income – third party | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Net gain (loss) on forward and derivative contracts | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Gain on bargain purchase | ' | 0 | ' | 0 | ' | ' | ' | ' |
Loss on early extinguishment of debt | ' | 0 | ' | 0 | ' | ' | ' | ' |
Other income (expense) – net | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Income (loss) before income taxes and equity in earnings (losses) of subsidiaries and joint ventures | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Income tax expense | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Income (loss) before equity in earnings (losses) of subsidiaries and joint ventures | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Equity in earnings (losses) of subsidiaries and joint ventures | 20,344 | -29,384 | 240 | -21,131 | ' | ' | ' | ' |
Net income (loss) | 20,344 | -29,384 | 240 | -21,131 | ' | ' | ' | ' |
Other comprehensive income before income tax effect | 436 | 11,517 | 1,248 | 12,794 | ' | ' | ' | ' |
Income tax effect | -567 | -383 | -1,280 | -765 | ' | ' | ' | ' |
Other comprehensive income (loss) | -131 | 11,134 | -32 | 12,029 | ' | ' | ' | ' |
Comprehensive income (loss) | 20,213 | -18,250 | 208 | -9,102 | ' | ' | ' | ' |
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS | ' | ' | ' | ' | ' | ' | ' | ' |
Net cash provided by operating activities | ' | ' | 0 | 0 | ' | ' | ' | ' |
Purchase of property, plant and equipment | ' | ' | -46 | -574 | ' | ' | ' | ' |
Nordural expansion — Helguvik | ' | ' | 0 | 0 | ' | ' | ' | ' |
Purchase of carbon anode assets and improvements | ' | ' | 0 | 0 | ' | ' | ' | ' |
Purchase of Sebree smelter | ' | ' | ' | 0 | ' | ' | ' | ' |
Proceeds from sale of property, plant and equipment | ' | ' | 0 | 0 | ' | ' | ' | ' |
Restricted and other cash deposits | ' | ' | 0 | 0 | ' | ' | ' | ' |
Net cash used in investing activities | ' | ' | -46 | -574 | ' | ' | ' | ' |
Financing activities: | ' | ' | ' | ' | ' | ' | ' | ' |
Repayment of debt | ' | ' | ' | -249,604 | ' | ' | ' | ' |
Proceeds from issuance of debt | ' | ' | ' | 246,330 | ' | ' | ' | ' |
Borrowings under revolving credit facilities | ' | ' | 86,646 | ' | ' | ' | ' | ' |
Repayments under revolving credit facilities | ' | ' | -86,646 | ' | ' | ' | ' | ' |
Debt issuance costs | ' | ' | ' | -3,926 | ' | ' | ' | ' |
Debt retirement costs | ' | ' | ' | -1,208 | ' | ' | ' | ' |
Intercompany transactions | ' | ' | -29,791 | -19,595 | ' | ' | ' | ' |
Issuance of common stock | ' | ' | 126 | 44 | ' | ' | ' | ' |
Net cash provided by (used in) financing activities | ' | ' | -29,665 | -27,959 | ' | ' | ' | ' |
Change in cash and cash equivalents | ' | ' | -29,711 | -28,533 | ' | ' | ' | ' |
Cash and cash equivalents, beginning of period | ' | ' | 46,111 | 73,960 | ' | ' | ' | ' |
Cash and cash equivalents, end of period | 16,400 | 45,427 | 16,400 | 45,427 | ' | ' | ' | ' |
Reclassifications and Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' | ' |
Assets: | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 0 | ' | 0 | ' | ' | ' | ' | ' |
Restricted cash | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Accounts receivable — net | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Due from affiliates | -2,628,250 | ' | -2,628,250 | ' | ' | -2,601,313 | ' | ' |
Inventories | -2,059 | ' | -2,059 | ' | ' | 0 | ' | ' |
Prepaid and other current assets | 308 | ' | 308 | ' | ' | 0 | ' | ' |
Deferred taxes | 0 | ' | 0 | ' | ' | -926 | ' | ' |
Total current assets | -2,630,001 | ' | -2,630,001 | ' | ' | -2,602,239 | ' | ' |
Investment in subsidiaries | 1,013,546 | ' | 1,013,546 | ' | ' | 1,031,287 | ' | ' |
Property, plant and equipment — net | -440 | ' | -440 | ' | ' | -437 | ' | ' |
Due from affiliates — less current portion | -41,928 | ' | -41,928 | ' | ' | -32,066 | ' | ' |
Other assets | 2,786 | ' | 2,786 | ' | ' | 4,748 | ' | ' |
TOTAL | -1,656,037 | ' | -1,656,037 | ' | ' | -1,598,707 | ' | ' |
Liabilities and shareholders' equity: | ' | ' | ' | ' | ' | ' | ' | ' |
Accounts payable, trade | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Due to affiliates | -2,085,554 | ' | -2,085,554 | ' | ' | -2,059,319 | ' | ' |
Accrued and other current liabilities | -1,223 | ' | -1,223 | ' | ' | 1,556 | ' | ' |
Accrued employee benefits costs | 0 | ' | 0 | ' | ' | -7,207 | ' | ' |
Industrial revenue bonds | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Total current liabilities | -2,086,777 | ' | -2,086,777 | ' | ' | -2,064,970 | ' | ' |
Senior notes payable | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Accrued pension benefit costs — less current portion | 0 | ' | 0 | ' | ' | 7,207 | ' | ' |
Accrued postretirement benefits costs — less current portion | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Other liabilities/intercompany loan | -586,356 | ' | -586,356 | ' | ' | -572,231 | ' | ' |
Deferred taxes | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Total noncurrent liabilities | -586,356 | ' | -586,356 | ' | ' | -565,024 | ' | ' |
Shareholders' equity: | ' | ' | ' | ' | ' | ' | ' | ' |
Series A Preferred stock | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Common stock | -72 | ' | -72 | ' | ' | -72 | ' | ' |
Additional paid-in capital | -458,410 | ' | -458,410 | ' | ' | -447,960 | ' | ' |
Treasury stock, at cost | 0 | ' | 0 | ' | ' | 0 | ' | ' |
Accumulated other comprehensive loss | 92,732 | ' | 92,732 | ' | ' | 94,481 | ' | ' |
Retained earnings (accumulated deficit) | 1,382,846 | ' | 1,382,846 | ' | ' | 1,384,838 | ' | ' |
Total shareholders’ equity | 1,017,096 | ' | 1,017,096 | ' | ' | 1,031,287 | ' | ' |
Total | -1,656,037 | ' | -1,656,037 | ' | ' | -1,598,707 | ' | ' |
Net sales: | ' | ' | ' | ' | ' | ' | ' | ' |
Third-party customers | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Related parties | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Sales Revenue – net | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Cost of goods sold | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Gross profit (loss) | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Other operating expense – net | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Selling, general and administrative expenses | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Operating income | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Interest expense – third party | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Interest expense – affiliates | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Interest income – third party | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Net gain (loss) on forward and derivative contracts | 0 | 0 | 0 | 0 | ' | ' | ' | ' |
Gain on bargain purchase | ' | 0 | ' | 0 | ' | ' | ' | ' |
Loss on early extinguishment of debt | ' | 0 | ' | 0 | ' | ' | ' | ' |
Other income (expense) – net | -82 | 0 | -82 | 0 | ' | ' | ' | ' |
Income (loss) before income taxes and equity in earnings (losses) of subsidiaries and joint ventures | -82 | 0 | -82 | 0 | ' | ' | ' | ' |
Income tax expense | 117 | 0 | 308 | 0 | ' | ' | ' | ' |
Income (loss) before equity in earnings (losses) of subsidiaries and joint ventures | 35 | 0 | 226 | 0 | ' | ' | ' | ' |
Equity in earnings (losses) of subsidiaries and joint ventures | -22,697 | 32,428 | -2,227 | 26,397 | ' | ' | ' | ' |
Net income (loss) | -22,662 | 32,428 | -2,001 | 26,397 | ' | ' | ' | ' |
Other comprehensive income before income tax effect | -420 | -9,960 | -963 | -10,997 | ' | ' | ' | ' |
Income tax effect | 549 | 349 | 1,246 | 731 | ' | ' | ' | ' |
Other comprehensive income (loss) | 129 | -9,611 | 283 | -10,266 | ' | ' | ' | ' |
Comprehensive income (loss) | -22,533 | 22,817 | -1,718 | 16,131 | ' | ' | ' | ' |
Financing activities: | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents, beginning of period | ' | ' | 0 | ' | ' | ' | ' | ' |
Cash and cash equivalents, end of period | $0 | ' | $0 | ' | ' | ' | ' | ' |