Rationalizations (Tables)

12 Months Ended

Dec. 31, 2015

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

Charges incurred related to the 2014 Engineered Solutions rationalization initiatives in 2014 and 2015 are as follows:



	Predecessor					Successor
2014 Engineered Solutions Rationalization	For the Year Ended December 31, 2014		For the Period January 1, 2015 Through August 14, 2015			For the Period August 15, 2015 Through December 31, 2015
	Engineered Solutions Segment
	(Dollars in thousands)
Recorded in Cost of Sales
Accelerated depreciation	$	2,802	$	—		$	—
Inventory loss	13,225		571			(80		)
Fixed asset write-offs and other	1,046		372			(229		)
Recorded in Rationalizations
Severance and related costs	2,498		(713		)	—
Contract terminations	195		50			—
Total	$	19,766	$	280		$	(309	)

Charges incurred related to the 2015 Advanced Graphite Materials rationalization initiative are as follows:



	Predecessor			Successor
2015 Advanced Graphite Materials Rationalization		For the Period January 1 Through August 14, 2015		For the Period August 15 Through December 31, 2015
	Engineered Solutions Segment
	(Dollars in thousands)
Recorded in Cost of Sales
Inventory loss		$	404	$	(47	)
Fixed asset write-offs and other		434		855
Recorded in Selling and General Administrative
Other		755		1,213
Recorded in Rationalizations
Severance and related costs		4,838		769
Contract terminations		154		22
Total		$	6,585	$	2,812

Charges incurred related to the 2014 Corporate and Research & Development rationalization initiatives for 2014 and 2015 are as follows:



2014 Corporate, Research and Development Plan	For the Year Ended December 31, 2014 (Predecessor)
2014 Corporate, Research and Development Plan	Industrial Materials Segment		Engineered Solutions Segment		Corp, R&D and Other		Total
	(Dollars in thousands)
Recorded in Cost of Sales
Accelerated depreciation	$	—	$	20	$	—	$	20
Fixed asset write-offs and other	178		—		—		178
Recorded in Research and Development
Accelerated depreciation	—		—		2,312		2,312
Recorded in Selling and General Administrative
Accelerated depreciation	—		—		608		608
Other	—		—		515		515
Recorded in Rationalizations
Severance and related costs	4,608		644		2,844		8,096
Contract terminations	—		73		11		84
Total	$	4,786	$	737	$	6,290	$	11,813



2014 Corporate, Research and Development Plan	For the Period January 1 Through August 14, 2015 (Predecessor)
2014 Corporate, Research and Development Plan	Industrial Materials Segment		Engineered Solutions Segment		Corp, R&D and Other			Total
	(Dollars in thousands)
Recorded in Cost of Sales
Fixed asset write-offs and other	$	—	$	1	$	—		$	1
Recorded in Research and Development
Accelerated depreciation	—		—		940			940
Recorded in Selling and General Administrative
Other	400		—		954			1,354
Recorded in Rationalizations
Severance and related costs	60		8		(168		)	(100		)
Total	$	460	$	9	$	1,726		$	2,195



2014 Corporate, Research and Development Plan	For the Period August 15 Through December 31, 2015 (Successor)
2014 Corporate, Research and Development Plan	Industrial Materials Segment			Engineered Solutions Segment		Corp, R&D and Other		Total
	(Dollars in thousands)
Recorded in Selling and General Administrative
Other	$	—		$	—	$	290	$	290
Recorded in Rationalizations
Severance and related costs	(23		)	—		71		48
Total	$	(23	)	$	—	$	361	$	338

Charges incurred related to the 2013 rationalization initiatives for the year ended December 31, 2014 and 2015 are as follows:



	For the Year Ended December 31, 2013
2013 Plans	Industrial Materials Segment		Engineered Solutions Segment		Corporate, R&D and Other		Total
	(Dollars in thousands)
Recorded in Cost of Sales
Accelerated depreciation	$	28,326	$	—	$	—	$	28,326
Inventory loss	7,886		896		—		8,782
Fixed asset write-offs and other	6,104		2,274		—		8,378
Recorded in Selling and General Administrative
Other	59		—		—		59
Recorded in Rationalizations
Severance and related costs	17,072		458		1,816		19,346
Contract terminations	810		—		—		810
Total 2013 rationalization plan and related charges	$	60,257	$	3,628	$	1,816	$	65,701



	For the Year Ended December 31, 2014
2013 Plans	Industrial Materials Segment		Engineered Solutions Segment			Corporate, R&D and Other		Total
	(Dollars in thousands)
Recorded in Cost of Sales
Accelerated depreciation	$	22,388	827			—		23,215
Inventory loss	961		485			—		1,446
Fixed asset write-offs and other	5,374		233					5,607
Recorded in Selling and General Administrative
Other	89		—					89
Recorded in Rationalizations
Severance and related costs	433		(28		)	—		405
Contract terminations	469		—			—		469
Total 2013 rationalization plan and related charges	$	29,714	$	1,517		$	—	$	31,231



	For the Period January 1 Through August 14, 2015 (Predecessor)
2013 Plans	Industrial Materials Segment			Engineered Solutions Segment		Corporate, R&D and Other		Total
	(Dollars in thousands)
Recorded in Cost of Sales
Accelerated depreciation	$	432		—		—		432
Inventory loss	(33		)	—		—		(33		)
Fixed asset write-offs and other	1,715			270				1,985
Recorded in Rationalizations
Severance and related costs	97			156		—		253
Contract terminations	25			—		—		25
Total 2013 rationalization plan and related charges	$	2,236		$	426	$	—	$	2,662



	For the Period August 15 Through December 31, 2015 (Successor)
2013 Plans	Industrial Materials Segment			Engineered Solutions Segment			Corporate, R&D and Other		Total
	(Dollars in thousands)
Recorded in Cost of Sales
Inventory loss	$	(278	)	$	(29	)			$	(307	)
Fixed asset write-offs and other	329			71					400
Recorded in Selling and General Administrative
Other	245			—			—		245
Recorded in Rationalizations
Severance and related costs	177			—			—		177
Contract terminations	59			—			—		59
Total 2013 rationalization plan and related charges	$	532		$	42		$	—	$	574

Throughout 2014 and 2015 the Company undertook rationalization plans in order to streamline our organization and lower our production costs. The following tables summarize the total rationalization and related charges incurred during 2014 and 2015 followed by the details of each plan.



	For the Year Ended December 31, 2013 (Predecessor)
All Plans	Industrial Materials Segment		Engineered Solutions Segment		Corporate, R&D and Other		Total
	(Dollars in thousands)
Recorded in Cost of Sales
Accelerated depreciation	$	28,326	$	—	$	—	$	28,326
Inventory loss	7,886		896		—		8,782
Fixed asset write-offs and other	6,104		2,274		—		8,378
Recorded in Selling and General Administrative
Other	59		—		—		59
Recorded in Rationalizations
Severance and related costs	17,072		458		1,816		19,346
Contract terminations	810		—		—		810
Total 2013 rationalization and related charges	$	60,257	$	3,628	$	1,816	$	65,701



	For the Year Ended December 31, 2014 (Predecessor)
All Plans	Industrial Materials Segment		Engineered Solutions Segment		Corporate, R&D and Other		Total
	(Dollars in thousands)
Recorded in Cost of Sales
Accelerated depreciation	$	22,388	$	3,649	$	—	$	26,037
Inventory loss	961		13,711		—		14,672
Fixed asset write-offs and other	5,552		1,278		—		6,830
Recorded in Research and Development
Accelerated depreciation	—		—		2,312		2,312
Recorded in Selling and General Administrative
Accelerated depreciation	—		—		608		608
Other	89		121		515		725
Recorded in Rationalizations
Severance and related costs	5,040		3,113		2,845		10,998
Contract terminations	469		146		11		626
Impairment of long-lived assets	—		121,570		—		121,570
Total 2014 rationalization and related charges	$	34,499	$	143,588	$	6,291	$	184,378



	For the Period January 1 Through August 14, 2015 (Predecessor)
All Plans	Industrial Materials Segment			Engineered Solutions Segment		Corporate, R&D and Other			Total
	(Dollars in thousands)
Recorded in Cost of Sales
Accelerated depreciation	$	432		$	—	$	940		1,372
Inventory loss	(33		)	975		—			942
Fixed asset write-offs and other	1,715			1,078		—			2,793
Recorded in Selling and General Administrative
Other	400			755		954			2,109
Recorded in Rationalizations
Severance and related costs	157			4,288		(168		)	4,277
Contract terminations	25			204		—			229
Total	$	2,696		$	7,300	$	1,726		$	11,722



	For the Period August 15 Through December 31, 2015 (Successor)
All Plans	Industrial Materials Segment			Engineered Solutions Segment		Corporate, R&D and Other		Total
	(Dollars in thousands)
Recorded in Cost of Sales
Inventory loss	$	(639	)	$	206	$	—	$	(433	)
Fixed asset write-offs and other	329			697		—		1,026
Recorded in Selling and General Administrative
Other	135			1,323		290		1,748
Recorded in Rationalizations
Severance and related costs	154			769		71		994
Contract terminations	59			22		—		81
Total	$	38		$	3,017	$	361	$	3,416

Schedule of Restructuring Reserve by Type of Cost

The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the rationalization initiatives described above. This liability is recorded as a current liability on the Consolidated Balance Sheet.



	(Dollars in thousands)
Balance as of December 31, 2013	$	18,421
Charges incurred	613
Change in estimates	153
Payments and settlements	(16,494		)
Effect of change in currency exchange rates	(1,658		)
Balance as of December 31, 2014	1,035
Charges incurred	40
Change in estimates	227
Payments and settlements	(1,102		)
Effect of change in currency exchange rates	(155		)
Balance as of August 14, 2015	$	45
Charges incurred	154
Change in estimates	67
Payments and settlements	(17		)
Effect of change in currency exchange rates	(59		)
Balance as of December 31, 2015	$	190

The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the 2014 Engineered Solutions rationalization initiatives described above. This liability is recorded as a current liability on the Consolidated Balance Sheet.



	(Dollars in thousands)
Balance as of December 31, 2013	$	—
Charges incurred	2,611
Change in estimates	(40		)
Payments and settlements	(916		)
Effect of change in currency exchange rates	—
Balance as of December 31, 2014	$	1,655
Charges incurred	50
Change in estimates	(713		)
Payments and settlements	(916		)
Effect of change in currency exchange rates	1
Balance as of August 14, 2015	$	77
Change in estimates	(5		)
Payments and settlements	(72		)
Balance as of December 31, 2015	$	—

The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the 2014 Corporate and Research & Development rationalization initiatives described above. This liability is recorded as a current liability on the Consolidated Balance Sheet.



	(Dollars in thousands)
Balance as of December 31, 2013	$	—
Charges incurred	8,159
Change in estimates	21
Payments and settlements	(1,155		)
Effect of change in currency exchange rates	(152		)
Balance as of December 31, 2014	$	6,873
Charges incurred	(33		)
Change in estimates	(67		)
Payments and settlements	(4,611		)
Effect of change in currency exchange rates	(81		)
Balance as of August 14, 2015	$	2,081
Change in estimates	47
Payments and settlements	(1,127		)
Effect of change in currency exchange rates	(57		)
Balance as of December 31, 2015	$	944

The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the 2015 Advanced Graphite Materials rationalization initiative described above. This liability is included in "Rationalizations" on the Consolidated Balance Sheets.



2015 Advanced Graphite Materials Rationalization
	(Dollars in thousands)
Balance as of December 31, 2014	$	—
Charges incurred	5,053
Change in estimates	(38		)
Payments and settlements	(329		)
Effect of change in currency exchange rates	—
Balance as of August 14, 2015	$	4,686
Charges incurred	647
Payments and settlements	(3,418		)
Balance as of December 31, 2015	$	1,915