XML 41 R81.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes (Reconciliation of Statutory to Effective Income Tax Rate) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Tax Disclosure [Abstract]      
Statutory U.S. federal income tax rate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
Increase (decrease) in rate due to:      
Non-U.S. income tax differential (10.50%)us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential (7.90%)us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential (43.50%)us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
U.S. state and local income taxes, net of related U.S. federal income taxes 0.80%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes 1.00%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes (0.40%)us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
U.S. federal credits 0.00%lby_EffectiveIncomeTaxRateReconciliationTaxCreditsAndNetOperatingLossCarryforwards 0.00%lby_EffectiveIncomeTaxRateReconciliationTaxCreditsAndNetOperatingLossCarryforwards (0.90%)lby_EffectiveIncomeTaxRateReconciliationTaxCreditsAndNetOperatingLossCarryforwards
Permanent adjustments (9.20%)lby_EffectiveIncomeTaxRateReconciliationPermanentDifferences 4.20%lby_EffectiveIncomeTaxRateReconciliationPermanentDifferences 60.60%lby_EffectiveIncomeTaxRateReconciliationPermanentDifferences
Foreign withholding taxes 14.80%lby_EffectiveIncomeTaxRateReconciliationForeignWithholdingTaxes 4.80%lby_EffectiveIncomeTaxRateReconciliationForeignWithholdingTaxes 12.00%lby_EffectiveIncomeTaxRateReconciliationForeignWithholdingTaxes
Valuation allowance 42.90%us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance (16.80%)us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance (10.60%)us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
Unrecognized tax benefits (9.30%)lby_EffectiveIncomeTaxRateReconciliationUnrecognizedTaxBenefits (0.70%)lby_EffectiveIncomeTaxRateReconciliationUnrecognizedTaxBenefits (3.10%)lby_EffectiveIncomeTaxRateReconciliationUnrecognizedTaxBenefits
Deferred tax impact from 2014 Mexican tax reform 0.00%lby_EffectiveincometaxreconciliationImpactof2014Mexicantaxreform 10.20%lby_EffectiveincometaxreconciliationImpactof2014Mexicantaxreform 0.00%lby_EffectiveincometaxreconciliationImpactof2014Mexicantaxreform
Other (1.20%)us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments 2.00%us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments (4.10%)us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments
Consolidated effective income tax rate 63.30%us-gaap_EffectiveIncomeTaxRateContinuingOperations 31.80%us-gaap_EffectiveIncomeTaxRateContinuingOperations 45.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations
Undistributed Earnings of Foreign Subsidiaries $ 3.3us-gaap_UndistributedEarningsOfForeignSubsidiaries $ 6.9us-gaap_UndistributedEarningsOfForeignSubsidiaries