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Shareholders' equity (Tables)
 12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Schedule of Weighted Average Number of Shares
The following table provides a reconciliation of basic to diluted weighted average shares outstanding:
 
 
2014
 
2013
 
2012
 
(Shares in thousands)
Basic
41,366

 
41,105

 
40,859

Dilutive effect of share based awards
450

 
410

 
—

Dilutive effect of 3.875% Convertible Notes and warrants
4,654

 
2,178

 
—

Diluted
46,470

 
43,693

 
40,859
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables provide information relating to the changes in accumulated other comprehensive income (loss), net of tax, for the twelve months ended December 31, 2014 and 2013:
 
 
Cash Flow
Hedges
 
Pension and
Other
Postretirement
Benefit Plans
 
Foreign
Currency
Translation
Adjustment
 
Accumulated
Other
Comprehensive
Income (Loss)
 
(Dollars in thousands)
Balance at December 31, 2012
$
(381
)
 
$
(127,257
)
 
$
(4,410
)
 
$
(132,048
)
Other comprehensive income (loss) before reclassifications
(549
)
 
25,464

 
(9,408
)
 
15,507

Amounts reclassified from accumulated other comprehensive income (loss)
930

 
4,756

 
—

 
5,686

Net current-period other comprehensive income (loss)
381

 
30,220

 
(9,408
)
 
21,193

Balance at December 31, 2013
—

 
(97,037
)
 
(13,818
)
 
(110,855
)
Other comprehensive income (loss) before reclassifications
594

 
(47,536
)
 
(105,333
)
 
(152,275
)
Amounts reclassified from accumulated other comprehensive income (loss)
(594
)
 
2,829

 
—

 
2,235

Net current-period other comprehensive loss
—

 
(44,707
)
 
(105,333
)
 
(150,040
)
Balance at December 31, 2014
$
—

 
$
(141,744
)
 
$
(119,151
)
 
$
(260,895
)
Reclassification out of Accumulated Other Comprehensive Income
The following table provides information relating to the reclassifications of losses/(gain) in accumulated other comprehensive income into expense/(income), net of tax, for the twelve months ended December 31, 2014 and 2013:
 
December 31, 2014
 
December 31, 2013
 
(Dollars in thousands)
Gains and losses on foreign exchange contracts:
 
 
 
Cost of goods sold
(705
)
 
884

Total before tax
(705
)
 
884

Taxes
111

 
46

Net of tax
$
(594
)
 
$
930

 
Amortization of pension and other postretirement benefits items (1):
 
 
 
Actuarial losses
$
4,385

 
$
7,211

Prior-service costs
(21
)
 
(21
)
Transition obligation
—

 
5

Total before tax
4,364

 
7,195

Tax benefit
(1,535
)
 
(2,439
)
Net of tax
$
2,829

 
$
4,756

Total reclassifications, net of tax
$
2,235

 
$
5,686


(1)
These accumulated other comprehensive income components are included in the computation of net benefit cost of pension and other postretirement benefit plans (see Note 14 to the consolidated financial statements  for additional information).