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Reporting for Segments (Tables)
9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Net Sales to External Customers by Segment

Net sales to external customers by segment are presented in the table below. Sales between segments were not material.

 

     Three months ended
September 30,
     Nine months ended
September 30,
 
     2013      As adjusted
2012
     2013      As adjusted
2012
 
     (Dollars in thousands)      (Dollars in thousands)  

Pigments, Powders and Oxides

   $ 47,647       $ 64,053       $ 155,948       $ 219,398   

Performance Colors and Glass

     94,059         86,398         298,633         294,806   

Performance Coatings

     151,873         137,228         445,969         447,065   

Polymer Additives

     71,599         79,881         229,266         251,055   

Specialty Plastics

     42,926         41,305         131,267         132,512   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total net sales

   $ 408,104       $ 408,865       $ 1,261,083       $ 1,344,836   
  

 

 

    

 

 

    

 

 

    

 

 

 
Each Segment's Gross Profit and Reconciliation to Income (Loss) Before Income Taxes from Continuing Operations

Each segment’s gross profit and a reconciliation to income (loss) before income taxes from continuing operations follows:

 

     Three months ended
September 30,
    Nine months ended
September 30,
 
     2013     As adjusted
2012
    2013     As adjusted
2012
 
     (Dollars in thousands)     (Dollars in thousands)  

Pigments, Powders and Oxides

   $ 8,390      $ 7,231      $ 25,882      $ 28,363   

Performance Colors and Glass

     28,713        21,086        87,203        77,220   

Performance Coatings

     36,410        23,858        100,237        85,328   

Polymer Additives

     6,251        8,907        20,616        26,871   

Specialty Plastics

     6,881        6,984        22,116        23,207   

Other cost of sales

     (2,398     (7,356     (4,916     (8,740
  

 

 

   

 

 

   

 

 

   

 

 

 

Total gross profit

     84,247        60,710        251,138        232,249   

Selling, general and administrative expenses

     59,078        63,863        184,986        202,675   

Restructuring and impairment charges

     3,834        198,695        26,738        203,734   

Other expense, net

     7,817        8,325        15,386        23,204   
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) before income taxes

   $ 13,518      $ (210,173   $ 24,028      $ (197,364