Supplemental Guarantor Information (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Condensed Cash Flow Statement [Table Text Block]



CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the year ended December 31, 2014
(in thousands)
										Consolidating
							Non-			Entries and
	Parent			Guarantors			Guarantors			Eliminations			Consolidated
Net cash (used in) provided by operating activities:	$	(9,474	)	$	79,864		$	50,513		$	—		$	120,903

Cash flow from investing activities:
Loan repayments from affiliates	6,604			—			—			(6,604		)	—
Capital expenditures	—			(58,926		)	(26,055		)	—			(84,981		)
Insurance recoveries	—			—			2,834			—			2,834
Proceeds (payments) for derivatives	—			(2,195		)	170			—			(2,025		)
Proceeds from fixed asset sales	—			1,700			3,342						5,042
Other	—			—			178			—			178
Net cash provided by (used in) investing activities	6,604			(59,421		)	(19,531		)	(6,604		)	(78,952		)

Cash flow from financing activities:
Loans repayments to affiliates	—			(6,604		)	—			6,604			—
Short-term debt borrowings	—			(34		)	(987		)	—			(1,021		)
Revolving Facility borrowings	—			183,000			86,000			—			269,000
Revolving Facility reductions	—			(193,000		)	(100,000		)	—			(293,000		)
Principal payments on long term debt	—			(132		)	(60		)	—			(192		)
Supply chain financing	—			—			(9,455		)	—			(9,455		)
Proceeds from exercise of stock options	2,813			—			—			—			2,813
Purchase of treasury shares	(894		)	—			—			—			(894		)
Refinancing fees and debt issuance costs	—			(2,922		)	(357		)	—			(3,279		)
Other	951			—			—			—			951
Net cash (used in) provided by financing activities	2,870			(19,692		)	(24,859		)	6,604			(35,077		)

Net increase (decrease) in cash and cash equivalents	—			751			6,123			—			6,874
Effect of exchange rate changes on cash and cash equivalents	—			—			(1,212		)	—			(1,212		)
Cash and cash equivalents at beginning of period	—			4,752			7,136			—			11,888
Cash and cash equivalents at end of period	$	—		$	5,503		$	12,047		$	—		$	17,550

Schedule of Condensed Income Statement [Table Text Block]



CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
For the year ended December 31, 2012
(in thousands)

										Consolidating
							Non-			Entries and
	Parent			Guarantors			Guarantors			Eliminations				Consolidated

Sales - affiliates	$	—		$	194,345		$	216,859		$	(411,204	)		$	—
Sales - third party	—			566,024			682,240			—				1,248,264
Net sales	—			760,369			899,099			(411,204		)		1,248,264
Cost of sales	—			638,419			705,245			(411,204		)		932,460
Gross profit	—			121,950			193,854			—				315,804
Research and development	—			13,796			—			—				13,796
Selling and administrative expenses	—			61,442			84,098			—				145,540
Operating income	—			46,712			109,756			—				156,468

Other expense (income), net	—			(2,133		)	1,128			—				(1,005		)
Interest expense - affiliate	3,766			59			586			(4,411		)		—
Interest expense - third party	12,992			7,977			2,278			—				23,247
Interest income - affiliate	(59		)	(4,352		)	—			4,411				—
Interest income - third party	—			—			(261		)	—				(261		)
(Loss) income before income taxes	(16,699		)	45,161			106,025			—			`	134,487

(Benefit) provision for income taxes	(5,972		)	3,981			18,837			—				16,846
Equity in earnings of subsidiary	128,368			87,188			—			(215,556		)		—
Net income	$	117,641		$	128,368		$	87,188		$	(215,556	)		$	117,641

Statements of Comprehensive Income

Net income (loss)	$	117,641		$	128,368		$	87,188		$	(215,556	)		$	117,641
Other comprehensive (loss) income	(18,741		)	(18,741		)	(9,929		)	28,670				(18,741		)
Comprehensive income (loss)	$	98,900		$	109,627		$	77,259		$	(186,886	)		$	98,900



CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
For the year ended December 31, 2013
(in thousands)

										Consolidating
							Non-			Entries and
	Parent			Guarantors			Guarantors			Eliminations				Consolidated

Sales - affiliates	$	—		$	220,354		$	149,251		$	(369,605	)		$	—
Sales - third party	—			469,033			697,641			—				1,166,674
Net sales	—			689,387			846,892			(369,605		)		1,166,674
Cost of sales	—			584,819			812,394			(369,605		)		1,027,608
Gross profit	—			104,568			34,498			—				139,066
Research and development	—			10,437			—			—				10,437
Selling and administrative expenses	—			40,548			70,495			—				111,043
Rationalizations	—			2,732			17,424			—				20,156
Operating income	—			50,851			(53,421		)	—				(2,570		)

Other expense (income), net	—			(176		)	1,874			—				1,698
Interest expense - affiliate	—			1,364			670			(2,034		)		—
Interest expense - third party	31,294			3,029			1,714			—				36,037
Interest income - affiliate	(1,233		)	(670		)	(131		)	2,034				—
Interest income - third party	—			—			(203		)	—				(203		)
(Loss) income before income taxes	(30,061		)	47,304			(57,345		)	—			`	(40,102		)

(Benefit) provision for income taxes	(10,659		)	9,111			(11,295		)	—				(12,843		)
Equity in earnings of subsidiary	(7,857		)	(46,050		)	—			53,907				—
Net income	$	(27,259	)	$	(7,857	)	$	(46,050	)	$	53,907			$	(27,259	)

Statements of Comprehensive Income

Net (loss) income	$	(27,259	)	$	(7,857	)	$	(46,050	)	$	53,907			$	(27,259	)
Other comprehensive (loss) income	(11,946		)	(11,946		)	(13,601		)	25,547				(11,946		)
Comprehensive income (loss)	$	(39,205	)	$	(19,803	)	$	(59,651	)	$	79,454			$	(39,205	)



CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
For the year ended December 31, 2014
(in thousands)

										Consolidating
							Non-			Entries and
	Parent			Guarantors			Guarantors			Eliminations				Consolidated

Sales - affiliates	$	—		$	263,742		$	150,346		$	(414,088	)		$	—
Sales - third party	—			422,991			662,313			—				1,085,304
Net sales	—			686,733			812,659			(414,088		)		1,085,304
Cost of sales	—			630,031			777,114			(414,088		)		993,057
Gross profit	—			56,702			35,545			—				92,247
Research and development	—			14,844			—			—				14,844
Selling and administrative expenses	—			55,454			68,724			—				124,178
Impairments	—			186,552			10,668							197,220
Rationalizations	—			9,109			2,516			—				11,625
Operating income	—			(209,257		)	(46,363		)	—				(255,620		)

Other expense (income), net	—			1,575			870			—				2,445
Interest expense - affiliate	—			806			—			(806		)		—
Interest expense - third party	32,118			4,037			902			—				37,057
Interest income - affiliate	(806		)	—			—			806				—
Interest income - third party	—			(11		)	(319		)	—				(330		)
(Loss) income before income taxes	(31,312		)	(215,664		)	(47,816		)	—			`	(294,792		)

(Benefit) provision for income taxes	3,319			(5,618		)	(7,117		)	—				(9,416		)
Equity in earnings of subsidiary	(251,495		)	(40,699		)	—			292,194				—
Net income	$	(286,126	)	$	(250,745	)	$	(40,699	)	$	292,194			$	(285,376	)

Statements of Comprehensive Income

Net income	$	(286,126	)	$	(250,745	)	$	(40,699	)	$	292,194			$	(285,376	)
Other comprehensive income:	(43,900		)	(43,900		)	(28,650		)	72,550				(43,900		)
Comprehensive (loss) income	$	(330,026	)	$	(294,645	)	$	(69,349	)	$	364,744			$	(329,276	)

Schedule of Condensed Balance Sheet [Table Text Block]



CONDENSED CONSOLIDATING BALANCE SHEETS
As of December 31, 2013
(in thousands)

							Consolidating
					Non-		Entries and
	Parent		Guarantors		Guarantors		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	4,752	$	7,136	$	—		$	11,888
Accounts receivable - affiliates	42,410		28,551		15,824		(86,785		)	—
Accounts receivable - trade	—		48,998		150,568		—			199,566
Inventories	—		174,935		315,479		—			490,414
Prepaid and other current assets	—		22,555		51,235		—			73,790
Total current assets	42,410		279,791		540,242		(86,785		)	775,658

Investment in affiliates	1,709,914		828,012		—		(2,537,926		)	—
Property, plant and equipment	—		540,273		280,712		—			820,985
Deferred income taxes	—		—		10,334		—			10,334
Goodwill	—		293,162		203,648		—			496,810
Notes receivable - affiliate	51,090		7,413		—		(58,503		)	—
Other assets	4,752		53,447		55,862		—			114,061
Total Assets	$	1,808,166	$	2,002,098	$	1,090,798	$	(2,683,214	)	$	2,217,848

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable - affiliate	$	—	$	58,206	$	28,579	$	(86,785	)	$	—
Accounts payable - trade	—		41,971		73,241		—			115,212
Short-term debt	—		165		996		—			1,161
Accrued income and other taxes	2,678		4,736		23,273		—			30,687
Rationalizations	—		1,890		16,531		—			18,421
Supply chain financing liability	—		—		9,455		—			9,455
Other accrued liabilities	2,444		12,404		26,091		—			40,939
Total current liabilities	5,122		119,372		178,166		(86,785		)	215,875

Long-term debt - affiliate	—		51,090		7,413		(58,503		)	—
Long-term debt - third party	475,675		50,525		15,393		—			541,593
Other long-term obligations	—		66,590		31,357		—			97,947
Deferred income taxes	6,620		4,607		30,457		—			41,684
Stockholders' equity	1,320,749		1,709,914		828,012		(2,537,926		)	1,320,749
Total Liabilities and Stockholders' Equity	$	1,808,166	$	2,002,098	$	1,090,798	$	(2,683,214	)	$	2,217,848



CONDENSED CONSOLIDATING BALANCE SHEETS
As of December 31, 2014
(in thousands)

							Consolidating
					Non-		Entries and
	Parent		Guarantors		Guarantors		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	5,503	$	12,047	$	—		$	17,550
Accounts receivable - affiliates	40,474		35,618		40,185		(116,277		)	—
Accounts receivable - trade	—		45,861		117,058		—			162,919
Inventories	—		148,080		234,823		—			382,903
Prepaid and other current assets	—		17,336		64,287		—			81,623
Total current assets	40,474		252,398		468,400		(116,277		)	644,995

Investment in affiliates	1,414,278		762,251		—		(2,176,529		)	—
Property, plant and equipment	—		431,602		222,438		—			654,040
Deferred income taxes	—		—		16,819		—			16,819
Goodwill	—		217,099		203,030		—			420,129
Notes receivable - affiliate	35,722		7,413		—		(43,135		)	—
Other assets	4,110		45,617		48,095		—			97,822
Total Assets	$	1,494,584	$	1,716,380	$	958,782	$	(2,335,941	)	$	1,833,805

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable - affiliate	$	—	$	80,659	$	35,618	$	(116,277	)	$	—
Accounts payable - trade	47		35,435		50,927		—			86,409
Short-term debt	187,973		131		—		—			188,104
Accrued income and other taxes	344		3,380		20,782		—			24,506
Rationalizations	—		7,538		2,025		—			9,563
Supply chain financing liability	—		—		—		—			—
Other accrued liabilities	2,444		15,252		25,623		—			43,319
Total current liabilities	190,808		142,395		134,975		(116,277		)	351,901

Long-term debt - affiliate	—		35,722		7,413		(43,135		)	—
Long-term debt - third party	300,000		40,393		1,222		—			341,615
Other long-term obligations	—		77,724		29,842		—			107,566
Deferred income taxes	—		5,118		23,079		—			28,197
Stockholders' equity	1,003,776		1,415,028		762,251		(2,176,529		)	1,004,526
Total Liabilities and Stockholders' Equity	$	1,494,584	$	1,716,380	$	958,782	$	(2,335,941	)	$	1,833,805