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Segments (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Reconciliation from Segment Totals to Consolidated [Table Text Block]
 
Three months ended March 31,
(dollars in thousands)
2015
 
2014
Net Sales:
 
 
 
Americas
$
128,372

 
$
121,925

EMEA
28,509

 
34,398

U.S. Sourcing
21,399

 
17,734

Other
9,085

 
7,524

Consolidated
$
187,365

 
$
181,581

 
 
 
 
Segment EBIT:
 
 
 
Americas
$
16,323

 
$
14,989

EMEA
(766
)
 
253

U.S. Sourcing
1,625

 
868

Other
1,870

 
445

Total Segment EBIT
$
19,052

 
$
16,555

 
 
 
 
Reconciliation of Segment EBIT to Net Income (Loss):
 
 
 
Segment EBIT
$
19,052

 
$
16,555

Retained corporate costs
(9,495
)
 
(7,195
)
Furnace malfunction (note 14)

 
(5,306
)
Restructuring charges (note 5)

 
(985
)
Derivatives (1)
(399
)
 
70

Executive retirement
(235
)
 

Interest expense
(4,523
)
 
(7,701
)
Income taxes
(1,288
)
 
1,178

Net income (loss)
$
3,112

 
$
(3,384
)
 
 
 
 
Depreciation & Amortization:
 
 
 
Americas
$
6,071

 
$
5,959

EMEA
2,177

 
2,626

U.S. Sourcing
6

 
7

Other
1,491

 
1,644

Corporate
439

 
440

Consolidated
$
10,184

 
$
10,676

 
 
 
 
Capital Expenditures:
 
 
 
Americas
$
14,518

 
$
7,132

EMEA
1,437

 
1,561

U.S. Sourcing

 

Other
183

 
572

Corporate
521

 
636

Consolidated
$
16,659

 
$
9,901



(1) Derivatives relate to hedge ineffectiveness on our natural gas contracts and interest rate swap, as well as, mark-to-market adjustments on our natural gas contracts that have been de-designated and those for which we did not elect hedge accounting.