Note 18 - Restructuring Activities

6 Months Ended

12 Months Ended

Jun. 30, 2014

Dec. 31, 2013

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

 16.  RESTRUCTURING ACTIVITIES

      During both the three and six months ended June 30, 2014, the Company recorded $404 of restructuring expense relating to the elimination of certain positions in both the Graphic Solutions and the Performance Materials segments. During the three and six months ended June 30, 2013, the Company recorded $46 and $1,652, respectively, of restructuring expense primarily relating to the elimination of certain positions in both the Graphic Solutions and the Performance Materials segments.  As of June 30, 2014, the Company has accrued restructuring costs of $1,325 that are anticipated to be paid out in the next twelve months.

      Restructuring expense was as follows for the three and six month periods ended June 30, 2014 and 2013:

	For the three months ended June 30,				For the six months ended June 30,
	2014		2013		2014		2013
	(Successor)		(Predecessor)		(Successor)		(Predecessor)
Severance and other benefits	$	404	$	46	$	404	$	1,652
Total restructuring expense	$	404	$	46	$	404	$	1,652

   The activity in the restructuring liabilities for the Successor and Predecessor Six Month Periods was as follows:

			For the Successor Period
Successor	Balance, December 31, 2013		Charges to Expense		Cash Payments			Non-cash Adjustments			Balance, June 30, 2014
Graphic Solutions:
Severance and other benefits	$	699	$	179	$	(291	)	$	-		$	587
Total Graphics Solutions		699		179		(291	)		-			587
Performance Materials:
Severance and other benefits		1,330		225		(741	)		(76	)		738
Total Performance Materials		1,330		225		(741	)		(76	)		738
Total restructuring liability	$	2,029	$	404	$	(1,032	)	$	(76	)	$	1,325

			For the Predecessor Period
Predecessor	Balance, December 31, 2012		Charges to Expense		Cash Payments			Non-cash Adjustments			Balance, June 30, 2013
Graphic Solutions:
Severance and other benefits	$	-	$	1,508	$	(643	)	$	-		$	865
Total Graphics Solutions		-		1,508		(643	)		-			865
Performance Materials:
Severance and other benefits		632		144		(112	)		(9	)		655
Total Performance Materials		632		144		(112	)		(9	)		655
Total restructuring liability	$	632	$	1,652	$	(755	)	$	(9	)	$	1,520

18. RESTRUCTURING ACTIVITIES

The Company continuously evaluates all operations to identify opportunities to improve profitability by leveraging existing infrastructure to reduce operating costs and respond to overall economic conditions. The Predecessor implemented certain restructuring actions which were intended to better align the Company’s manufacturing capacity, eliminate excess capacity by lowering operating costs, and streamline the organizational structure for improved long-term profitability. The restructuring actions consist of facility consolidations and closures and employee terminations. The Company expects to incur incremental manufacturing costs at the operating locations impacted by the restructuring actions during the related restructuring implementation period. The restructuring plans initiated in 2013 primarily related to the consolidation of manufacturing processes which affected a manufacturing facility in the Graphic Solutions segment.

During the Successor 2013 Period and the Predecessor 2013 Period, the Company recorded $762 and $3,636, respectively, of restructuring expense primarily relating to the elimination of certain positions in both the Graphic Solutions the Performance Materials segments. As of December 31, 2013, the Company has accrued restructuring costs of $2,029 that are anticipated to be paid out in the next twelve months.

During the year ended December 31, 2012, the Company recorded $292 of restructuring expense primarily relating to the elimination of certain positions in the Performance Materials Europe reporting unit.

The activity in the restructuring liabilities was as follows:

			For the Successor 2013 Period
Successor	Balance, November 1, 2013		Charges to Expense		Cash Payments			Non-cash Adjustments		Total Costs and Adjustments			Balance, December 31, 2013
Graphic Solutions:
Severance and other benefits	$	666	$	-	$	-		$	33	$	33		$	699
Total Graphics Solutions		666		-		-			33		33			699
Performance Materials:
Severance and other benefits		1,671		762		(1,117	)		14		(341	)		1,330
Total Performance Materials		1,671		762		(1,117	)		14		(341	)		1,330
Total restructuring liability	$	2,337	$	762	$	(1,117	)	$	47	$	(308	)	$	2,029

			For the Predecessor 2013 Period
Predecessor	Balance, December 31, 2012		Charges to Expense		Cash Payments			Non-cash Adjustments		Total Costs and Adjustments		Balance, October 31, 2013
Graphic Solutions:
Severance and other benefits	$	-	$	2,159	$	(1,493	)	$	-	$	666	$	666
Total Graphics Solutions		-		2,159		(1,493	)		-		666		666
Performance Materials:
Severance and other benefits		632		1,477		(458	)		20		1,039		1,671
Total Performance Materials		632		1,477		(458	)		20		1,039		1,671
Total restructuring liability	$	632	$	3,636	$	(1,951	)	$	20	$	1,705	$	2,337

			For the year ended December 31, 2012
Predecessor	Balance, December 31, 2011		Charges to Expense			Cash Payments			Non-cash Adjustments		Total Costs and Adjustments			Balance, December 31, 2012
Graphic Solutions:
Severance and other benefits	$	20	$	67		$	(87	)	$	-	$	(20	)	$	-
Total Graphics Solutions		20		67			(87	)		-		(20	)		-
Performance Materials:
Severance and other benefits		1,012		396			(814	)		22		(396	)		616
Other		215		(171	)		(28	)		-		(199	)		16
Total Performance Materials		1,227		225			(842	)		22		(595	)		632
Total restructuring liability	$	1,247	$	292		$	(929	)	$	22	$	(615	)	$	632