Preferred Share Issuance and Merger Preferred Shares and Tender Offer (Tables)

9 Months Ended

Sep. 30, 2015

Business Combinations [Abstract]

Computation of Fair Value of Total Consideration

The computation of the fair value of the total consideration at the date of acquisition follows:

Purchase Consideration
(In thousands except share price)
	# Shares	Unit Price		Amount
Convertible Preferred Equity
Series A and B	150	$	1,000.00	$	150,000
Common Equity
Common Shares	139,397	$	5.05	$	703,955
Net value of options				$	382
Total				$	854,337

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the fair values of the identifiable assets acquired and liabilities assumed at the acquisition date:

Net identifiable assets acquired
	Cash	$	25,032
	Accounts receivable	94,298
	Inventories	346,590
	Property, plant and equipment	652,371
	Intangible assets	158,500
	Deferred tax assets	35,638
	Prepaid and other current assets	49,716
	Other non-current assets	8,428
	Accounts payable	(68,005		)
	Short-term debt	(18,779		)
	Other accrued liabilities	(52,421		)
	Long-term debt	(367,811		)
	Other long-term liabilities	(93,837		)
	Deferred tax liabilities	(85,801		)
Net identifiable assets acquired		$	683,919
Goodwill		$	170,418
Net assets acquired		$	854,337