Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Components of Income Tax Expense

	Years Ended December 31,
	2012			2011			2010
	(In thousands)
Income (loss) from continuing operations before taxes:
United States operations	$	(22,533	)	$	27,324		$	11,871
Foreign operations		27,575			90,775			57,595
	$	5,042		$	118,099		$	69,466
Income tax expense (benefit):
Currently payable:
United States federal	$	(6,944	)	$	(4,741	)	$	(6,138	)
United States state and local		(2,519	)		1,303			178
Foreign		14,020			18,572			16,883
		4,557			15,134			10,923
Deferred:
United States federal		(22,661	)		(1,276	)		(4,116	)
United States state and local		(424	)		(799	)		(322	)
Foreign		(19,666	)		3,732			1,705
		(42,751	)		1,657			(2,733	)
Total income tax expense (benefit)	$	(38,194	)	$	16,791		$	8,190

Effective Income Tax Rate Reconciliation From Continuing Operations

	Years Ended December 31,
	2012			2011			2010
Effective income tax rate reconciliation from continuing operations:
United States federal statutory rate		35.0	%		35.0	%		35.0	%
State and local income taxes		(32.5	)%		0.8	%		0.2	%
Impact of change in deferred tax asset valuation allowance		(187.8	)%		(6.8	)%		(1.3	)%
Impact of change in tax contingencies		3.3	%		(1.1	)%		0.8	%
Foreign income tax rate differences		(278.1	)%		(6.8	)%		(18.2	)%
Cooper liability settlement		(394.7	)%		0.0	%		0.0	%
Domestic permanent differences & tax credits		97.3	%		(6.9	)%		(4.7	)%
		(757.5	)%		14.2	%		11.8	%

Components of Deferred Income Tax Balances

	December 31,
	2012			2011
	(In thousands)
Components of deferred income tax balances:
Deferred income tax liabilities:
Plant, equipment and intangibles	$	(89,433	)	$	(62,987	)
Deferred income tax assets:
Postretirement, pensions, and stock compensation		44,814			38,711
Reserves and accruals		22,042			17,878
Net operating loss and tax credit carryforwards		84,716			60,758
Valuation allowances		(7,498	)		(23,663	)
		144,074			93,684
Net deferred income tax asset	$	54,641		$	30,697

Reconciliation of Beginning and Ending Gross Amount of Unrecognized Tax Benefits

positions. A reconciliation of the beginning and ending gross amount of unrecognized tax benefits is as follows:

	2012			2011
Balance at beginning of year	$	23,199		$	24,122
Additions based on tax positions related to the current year		1,001			240
Additions for tax positions of prior years		8,928			2,186
Reductions for tax positions of prior years—Settlement		(640	)		(2,547	)
Reductions for tax positions of prior years—Statute of limitations		(15,111	)		(802	)
Balance at end of year	$	17,377		$	23,199