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Segment Reporting
 6 Months Ended
Jun. 30, 2017
Segment Reporting Information, Revenue for Reportable Segment [Abstract]  
Segment Reporting
Segment Reporting

We previously operated two reportable business segments, Industrial Materials and Engineered Solutions. During 2016 the Company decided to sell the businesses that comprised our Engineered Solutions segment to focus our Industrial Materials segment. During the second quarter of 2016 the Engineered Solutions segment qualified as held for sale status and as such the related results have been excluded from continuing operations. See Note 2 "Discontinued Operations and Assets Held for Sale" for significant components of the results of our Engineered Solutions segment.
Our Industrial Materials segment manufactures and delivers high quality graphite electrodes and needle coke products. Electrodes are key components of the conductive power systems used to produce steel and other non-ferrous metals. Needle coke, a crystalline form of carbon derived from decant oil, is the key ingredient in, and is used primarily in, the production of graphite electrodes.
Information concerning our reportable segment is as follows:
 
For the Three Months Ended June 30,
 
For the Six Months
Ended June 30,
 
2016
 
2017
 
2016
 
2017
 
(Dollars in thousands)
Net sales to external customers:
 
 
 
 
 
 
 
Industrial Materials
$
115,365

 
$
116,314

 
$
210,941

 
$
221,053

 
 
 
 
 
 
 
 
Operating (loss) income:
 
 
 
 
 
 
 
Industrial Materials
(16,291
)
 
2,308

 
(36,538
)
 
(4,090
)
Corporate, R&D and Other expenses
(6,323
)
 
(5,767
)
 
(13,495
)
 
(10,796
)
Total operating loss
$
(22,614
)
 
$
(3,459
)
 
$
(50,033
)
 
$
(14,886
)
 
 
 
 
 
 
 
 
Reconciliation of segment operating loss to
    loss before provision for income taxes
 
 
 
 
 
 
 
Other expense (income), net
$
(1,198
)
 
$
1,186

 
$
(960
)
 
$
4,253

Interest expense
6,436

 
7,902

 
12,896

 
15,448

Interest income
—

 
(139
)
 
(12
)
 
(262
)
Loss from continuing operations before
   provision for income taxes
$
(27,852
)
 
$
(12,408
)
 
$
(61,957
)
 
$
(34,325
)