Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The Company's income (loss) before income taxes and income tax expense (benefit) from continuing operations, each by tax jurisdiction, consisted of the following (dollars in thousands):

	Year ended December 31,
	2016			2015			2014
Income (loss) before income taxes:
Domestic	$	(69,850	)	$	(3,150	)	$	67,300
Foreign	11,620			(18,970		)	2,300
Total income (loss) before income taxes	$	(58,230	)	$	(22,120	)	$	69,600
Current income tax expense:
Federal	$	7,560		$	12,150		$	24,630
State and local	1,920			1,080			3,440
Foreign	4,250			2,060			1,170
Total current income tax expense	13,730			15,290			29,240
Deferred income tax expense (benefit):
Federal	(28,180		)	(1,980		)	(9,370		)
State and local	(2,550		)	(1,530		)	(40		)
Foreign	(1,430		)	(5,240		)	2,880
Total deferred income tax expense	(32,160		)	(8,750		)	(6,530		)
Income tax expense (benefit)	$	(18,430	)	$	6,540		$	22,710

Schedule of Deferred Tax Assets and Liabilities

The components of deferred taxes are as follows (dollars in thousands):

	December 31, 2016			December 31, 2015
Deferred tax assets:
Accounts receivable	$	780		$	550
Inventories	6,410			5,680
Goodwill and other intangible assets	3,120			—
Accrued liabilities and other long-term liabilities	26,110			27,550
Tax loss and credit carryforwards	6,680			4,660
Gross deferred tax asset	43,100			38,440
Valuation allowances	(5,670		)	(3,060		)
Net deferred tax asset	37,430			35,380
Deferred tax liabilities:
Property and equipment	(14,580		)	(16,340		)
Goodwill and other intangible assets	—			(26,600		)
Investment in foreign affiliates, including withholding tax	(1,140		)	(870		)
Other, principally deferred income	(1,330		)	(2,580		)
Gross deferred tax liability	(17,050		)	(46,390		)
Net deferred tax asset (liability)	$	20,380		$	(11,010	)

Schedule of Effective Income Tax Rate Reconciliation

The following is a reconciliation of income tax expense (benefit) computed at the U.S. federal statutory rate to income tax expense (benefit) allocated to income (loss) from continuing operations before income taxes (dollars in thousands):

	Year ended December 31,
	2016			2015			2014
U.S. federal statutory rate	35		%	35		%	35		%
Tax at U.S. federal statutory rate	$	(20,380	)	$	(7,740	)	$	24,360
State and local taxes, net of federal tax benefit	(550		)	(520		)	2,520
Differences in statutory foreign tax rates	(1,930		)	110			(200		)
Change in recognized tax benefits	(1,410		)	(460		)	(2,490		)
Goodwill and other intangible assets impairment	5,050			11,430			—
Nontaxable gains	(310		)	(980		)	—
Research and manufacturing incentives	(830		)	(1,680		)	(1,920		)
Tax on undistributed foreign earnings	340			610			50
Net change in valuation allowance	2,140			3,770			3,270
Other, net	(550		)	2,000			(2,880		)
Income tax expense (benefit)	$	(18,430	)	$	6,540		$	22,710

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the change in the UTBs and related accrued interest and penalties for the years ended December 31, 2016 and 2015 is as follows (dollars in thousands):

	Unrecognized Tax Benefits
Balance at December 31, 2014	$	5,270
Tax positions related to current year:
Additions	240
Tax positions related to prior years:
Additions	1,570
Reductions	(360		)
Settlements	(390		)
Lapses in the statutes of limitations	(1,720		)
Balance at December 31, 2015	$	4,610
Tax positions related to current year:
Additions	120
Tax positions related to prior years:
Additions	80
Reductions	(10		)
Settlements	—
Lapses in the statutes of limitations	(1,230		)
Balance at December 31, 2016	$	3,570