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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Tax Examination [Line Items]

Schedule of provision/(benefit) for income taxes from operations

		Year Ended December 31
In thousands		2012				2011				2010
Current taxes
Federal		$	8,869			$	6,943			$	(8,238	)
State			3,386				(1,762	)			(392	)
Foreign			9,516				2,637				4,540
			21,771				7,818				(4,090	)
Deferred taxes and other
Federal			(5,456	)			(3,908	)			(17,530	)
State			(920	)			(286	)			(131	)
Foreign			4,167				4,527				846
			(2,209	)			333				(16,815	)
Income tax provision/(benefit)		$	19,562			$	8,151			$	(20,905	)

Schedule of domestic and foreign components of pretax income from operations

		Year Ended December 31
In thousands		2012				2011				2010
United States		$	24,525			$	(991	)		$	2,384
Foreign			54,416				51,836				31,145
Total pretax income		$	78,941			$	50,845			$	33,529

Schedule of reconciliation of the federal statutory rate to the Company's effective tax rate

		Year Ended December 31
		2012				2011				2010
Federal income tax provision at statutory rate			35.0	%			35.0	%			35.0	%
State income taxes, net of federal income tax benefit			1.3				0.7				1.4
Foreign income tax rate differential			(3.9	)			(6.8	)			(4.9	)
Change in statutory tax rates			(0.8	)			0.9				1.5
Tax credits			(0.5	)			(2.0	)			(7.8	)
Change in unrecognized tax benefits, net			0.4				(11.6	)			(12.4	)
Cellulosic biofuel credit, net of incremental state tax and manufacturing deduction benefit			(6.1	)			–				(69.3	)
Adjustment for prior year estimates			–				–				(6.8	)
Valuation allowance			–				3.2				–
Other			(0.6	)			(3.4	)			1.0
Provision/(benefit) for income taxes			24.8	%			16.0	%			(62.3	)%

Schedule of current and non-current deferred tax assets and liabilities

		December 31
In thousands			2012				2011
Prepaid expenses and other current assets		$	16,319			$	12,662
Other long term assets			8,110				12,262
Other current liabilities			687				–
Deferred income taxes			62,046				69,791

Schedule of Unrecognized tax benefit

In millions			2012				2011				2010
Balance at January 1		$	29.7			$	38.7			$	40.1
Increases in tax positions for prior years			1.4				0. 8				1.6
Decreases in tax positions for prior years			(1.0	)			(7.5	)			(1.8	)
Acquisition related:
Purchase Accounting			–				–				3.2
Decrease for prior years(1)			–				–				(2.2	)
Increases in tax positions for current year			1.9				1.1				1.9
Settlements			(0.4	)			(0.1	)			–
Lapse in statutes of limitation			(1.2	)			(3.3	)			(4.1	)
Balance at December 31		$	30.4			$	29.7			$	38.7

(1) in connection with acquisition accounting for the Concert transaction, we recorded a $2.2 million reserve for an uncertain tax position and at the same time recorded a receivable from the seller due to an indemnification agreement. Prior to the end of 2010, a tax ruling was issued that eliminated this tax risk resulting in the elimination of both items.

Summary of tax years that remain subject to examination by major jurisdiction

		Open Tax Years
Jurisdiction		Examinations not yet initiated		Examination in progress
United States
Federal		2009 – 2012			N/A
State		2008 – 2012			2004, 2006, 2008, 2009
Canada (1)		2010 – 2012			2007 – 2011
Germany (1)		2007, 2010 – 2012			2008 – 2010
France		2010 – 2012			N/A
United Kingdom		2009 – 2012			N/A
Philippines		2011 – 2012			2010

(1) includes provincial or similar local jurisdictions, as applicable.

Deferred Income Tax [Member]

Income Tax Examination [Line Items]

Schedule of current and non-current deferred tax assets and liabilities

		2012								2011
In thousands			Current Asset (Liability)				Non current Asset (Liability)				Current Asset (Liability)				Non current Asset (Liability)
Reserves		$	6,871			$	8,095			$	5,908			$	10,595
Compensation			3,332				5,034				3,481				5,064
Post-retirement benefits			1,285				22,642				1,325				18,467
Property			–				(92,144	)			–				(96,798	)
Pension			508				(14,681	)			342				(18,190	)
Inventories			1,447				–				125				–
Other			204				975				(246	)			1,985
Tax carryforwards			5,218				43,409				3,313				47,294
Subtotal			18,865				(26,670	)			14,248				(31,583	)
Valuation allowance			(3,233	)			(27,266	)			(1,586	)			(25,946	)
Total		$	15,632			$	(53,936	)		$	12,662			$	(57,529	)

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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.

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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.

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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.

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

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Tabular disclosure of the change in unrecognized tax benefits.

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Tabular disclosure of income tax examinations that an enterprise is currently subject to or that have been completed in the current period typically including a description of the examination, the jurisdiction conducting the examination, the tax year(s) under examination, the likelihood of an unfavorable settlement, the range of possible losses, the liability recorded, the increase or decrease in the liability from the prior period, and any penalties and interest that have been recorded.

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