XML 53 R39.htm IDEA: XBRL DOCUMENT v3.6.0.2

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Income Before Income Taxes

Income before income taxes was taxed in the following jurisdictions in each of the years ended December 31:

	2016				2015				2014
	(Dollars in thousands)
Domestic	$	212,987			$	222,188			$	273,487
Foreign	18,930				30,698				11,065
Total	$	231,917			$	252,886			$	284,552

Components of Provision for Income Taxes

The components of the provision for income taxes were as follows:

	2016				2015				2014
	(Dollars in thousands)
Current:
Federal	$	27,805			$	77,777			$	51,399
State	(577		)		7,972				4,487
Foreign	6,327				8,002				7,519
Current income tax provision	33,555				93,751				63,405
Deferred:
Federal	42,964				(10,065		)		38,879
State	3,445				(1,932		)		2,958
Foreign	(1,398		)		(1,281		)		(3,081		)
Deferred income tax provision (benefit)	45,011				(13,278		)		38,756
	$	78,566			$	80,473			$	102,161

Variation of Provision for Income Taxes from Statutory U.S. Federal Income Tax Rate

The provision for income taxes varied from income taxes computed at the statutory U.S. federal income tax rate as a result of the following:

	2016				2015				2014
	(Dollars in thousands)
Income taxes computed at the statutory     U.S. federal income tax rate	$	81,171			$	88,512			$	99,597
State income taxes, net of federal tax benefit	4,264				4,903				8,165
Tax liabilities (no longer required) required	(408		)		2,342				815
Valuation allowance	474				1,441				(3,747		)
Manufacturing exemption	(3,613		)		(7,849		)		(5,798		)
Tax credit refunds, net	(2,676		)		(2,325		)		(2,163		)
Foreign earnings taxed at other than 35%	(2,334		)		(6,383		)		5,957
Deferred tax rate changes	(371		)		163				(1,327		)
Other	2,059				(331		)		662
	$	78,566			$	80,473			$	102,161
Effective tax rate	33.9		%		31.8		%		35.9		%

Significant Components of Deferred Tax Assets and Liabilities

Significant components of our deferred tax assets and liabilities at December 31 were as follows:

	2016				2015
	(Dollars in thousands)
Deferred tax assets:
Pension and other postretirement liabilities	$	14,678			$	11,000
Rationalization and other accrued liabilities	22,933				25,306
Property, plant and equipment	331				1,053
AMT and other credit carryforwards	1,449				1,733
Net operating loss carryforwards	21,605				26,357
Other intangible assets	821				1,025
Foreign currency translation	426				236
Inventory and related reserves	16,824				27,176
Other	3,482				5,337
Total deferred tax assets	82,549				99,223
Deferred tax liabilities:
Property, plant and equipment	(208,409		)		(192,372		)
Pension and other postretirement liabilities	(30,414		)		(18,268		)
Other intangible assets	(81,209		)		(81,650		)
Foreign currency translation	(22,156		)		(21,697		)
Other	(9,292		)		(4,200		)
Total deferred tax liabilities	(351,480		)		(318,187		)
Valuation allowance	(8,147		)		(8,648		)
	$	(277,078	)		$	(227,612	)

Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits included as other liabilities in our Consolidated Balance Sheets was as follows:

	2016				2015
	(Dollars in thousands)
Balance at January 1,	$	50,337			$	48,143
Increase based upon tax positions of current year	5,955				3,853
Increase based upon tax positions of a prior year	217				988
Increase (decrease) due to acquisitions	1,810				(1,327		)
Decrease based upon settlements with taxing authorities	(1,159		)		—
Decrease based upon a lapse in the statute of limitations	(439		)		(1,320		)
Balance at December 31,	$	56,721			$	50,337

X

- Definition

Schedule Of Reconciliation Of Beginning And Ending Unrecognized Tax Benefits Table

+ References

No definition available.

+ Details

Name:	slgn_ScheduleOfReconciliationOfBeginningAndEndingUnrecognizedTaxBenefitsTableTextBlock
Namespace Prefix:	slgn_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration