XML 61 R23.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Rationalizations and Impairments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2015
Restructuring and Related Activities [Abstract] |
Rationalization Charges | Charges incurred related to the 2014 Engineered Solutions rationalization initiatives are as follows:
|  | Predecessor |  | Successor |
2014 Engineered Solutions Rationalization |  | For the Three Months Ended September 30, 2014 |  | For the Period July 1, 2015 Through August 14, 2015 |  | For the Period August 15, 2015 Through September 30, 2015 |
|  | Engineered Solutions Segment
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |  |
Accelerated depreciation |  | $ | 2,802 |  |  | $ | — |  |  | $ | — |  |
Inventory loss |  | 2,606 |  |  | 28 |  |  | 132 |  |
Fixed asset write-offs and other |  | 174 |  |  | 15 |  |  | (267 | ) |
Recorded in Rationalizations |  | — |  |
Severance and related costs |  | 2,537 |  |  | 36 |  |  | — |  |
Contract terminations |  | 74 |  |  | — |  |  | — |  |
Total |  | $ | 8,193 |  |  | $ | 79 |  |  | $ | (135 | ) |
|  | Predecessor |  | Successor
2014 Engineered Solutions Rationalization |  | For the Nine Months Ended September 30, 2014 |  | For the Period January 1, 2015 Through August 14, 2015 |  | For the Period August 15, 2015 Through September 30, 2015
|  | Engineered Solutions Segment
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | 2,802 |  |  | $ | — |  |  | $ | — |
Inventory loss |  | 13,168 |  |  | 571 |  |  | 132 |
Fixed asset write-offs and other |  | 174 |  |  | 372 |  |  | (267 | )
Recorded in Rationalizations |  |
Severance and related costs |  | 2,537 |  |  | (713 | ) |  | — |
Contract terminations |  | 74 |  |  | 50 |  |  | — |
Total |  | $ | 18,755 |  |  | $ | 280 |  |  | $ | (135 | )
The total rationalization and related charges incurred are as follows:
All Plans |  | For the Three Months Ended September 30, 2014 (Predecessor) |
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total |
|  | (Dollars in thousands) |
Recorded in Cost of Sales |  |  |
Accelerated depreciation |  | $ | 838 |  |  | $ | 2,807 |  |  | $ | — |  |  | $ | 3,645 |  |
Inventory loss |  | 324 |  |  | 2,606 |  |  | — |  |  | 2,930 |  |
Fixed asset write-offs and other |  | 1,294 |  |  | 180 |  |  | — |  |  | 1,474 |  |
Recorded in Research and Development |  |  |
Accelerated Depreciation |  | — |  |  | — |  |  | 89 |  |  | 89 |  |
Recorded in Selling and General Administrative |  |  |
Other |  | 20 |  |  | — |  |  | — |  |  | 20 |  |
Recorded in Rationalizations |  |  |
Severance and related costs |  | 4,643 |  |  | 3,102 |  |  | 2,870 |  |  | 10,615 |  |
Contract terminations |  | 82 |  |  | 146 |  |  | — |  |  | 228 |  |
Total |  | $ | 7,201 |  |  | $ | 8,841 |  |  | $ | 2,959 |  |  | $ | 19,001 |  |
All Plans |  | For the Period July 1, 2015 Through August 14, 2015 (Predecessor)
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |  |  |  |  |  |
Accelerated depreciation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Inventory loss |  | 27 |  |  | 28 |  |  | — |  |  | 55 |
Fixed asset write-offs and other |  | 59 |  |  | 105 |  |  | — |  |  | 164 |
Recorded in Research and Development |  |  |  |  |
Accelerated Depreciation |  | — |  |  | 461 |  |  | 164 |  |  | 625 |
Recorded in Selling and General Administrative |  |  |  |  |  |
Other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Rationalizations |  |  |  |  |  |  |
Severance and related costs |  | — |  |  | 282 |  |  | (39 | ) |  | 243 |
Contract terminations |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 86 |  |  | $ | 876 |  |  | $ | 125 |  |  | $ | 1,087 |
All Plans |  | For the Period August 15, 2015 Through September 30, 2015 (Successor)
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |  |  |  |  |  |
Accelerated depreciation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Inventory loss |  | 15 |  |  | 132 |  |  | — |  |  | 147 |
Fixed asset write-offs and other |  | 15 |  |  | 351 |  |  | — |  |  | 366 |
Recorded in Research and Development |  |  |  |  |  |
Accelerated Depreciation |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Selling and General Administrative |  |  |  |  |  |
Other |  | — |  |  | 201 |  |  | 10 |  |  | 211 |
Recorded in Rationalizations |  |  |  |  |  |  |
Severance and related costs |  | 156 |  |  | 480 |  |  | — |  |  | 636 |
Contract terminations |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 186 |  |  | $ | 1,164 |  |  | $ | 10 |  |  | $ | 1,360 |
Charges incurred related to the 2014 Corporate and Research & Development rationalization initiatives are as follows:
2014 Corporate, Research and Development Plan |  | For the Three Months Ended September 30, 2014 (Predecessor)
| Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | — |  |  | $ | 5 |  |  | $ | — |  |  | $ | 5 |
Fixed asset write-offs and other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Research and Development |  |
Accelerated depreciation |  | — |  |  | — |  |  | 89 |  |  | 89 |
Recorded in Selling and General Administrative |  |
Other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Rationalizations |  |
Severance and related costs |  | 4,695 |  |  | 565 |  |  | 2,870 |  |  | 8,130 |
Contract terminations |  | — |  |  | 74 |  |  | — |  |  | 74 |
Total |  | $ | 4,695 |  |  | $ | 644 |  |  | $ | 2,959 |  |  | $ | 8,298 |
2014 Corporate, Research and Development Plan |  | For the Period July 1, 2015 Through August 14, 2015 (Predecessor)
| Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Fixed asset write-offs and other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Research and Development |  |
Accelerated depreciation |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Selling and General Administrative |  |
Other |  | — |  |  | — |  |  | 164 |  |  | 164 |
Recorded in Rationalizations |  |
Severance and related costs |  | — |  |  | — |  |  | (39 | ) |  | (39 | )
Contract terminations |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  | $ | 125 |  |  | $ | 125 |
2014 Corporate, Research and Development Plan |  | For the Period August 15, 2015 Through September 30, 2015 (Successor)
| Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Fixed asset write-offs and other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Research and Development |  |
Accelerated depreciation |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Selling and General Administrative |  |
Other |  | — |  |  | — |  |  | 10 |  |  | 10 |
Recorded in Rationalizations |  |
Severance and related costs |  | — |  |  | — |  |  | — |  |  | — |
Contract terminations |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  | $ | 10 |  |  | $ | 10 |
2014 Corporate, Research and Development Plan |  | For the Nine Months Ended September 30, 2014 (Predecessor)
| Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | — |  |  | $ | 5 |  |  | $ | — |  |  | $ | 5 |
Fixed asset write-offs and other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Research and Development |  |
Accelerated depreciation |  | — |  |  | — |  |  | 89 |  |  | 89 |
Recorded in Selling and General Administrative |  |
Other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Rationalizations |  |
Severance and related costs |  | 4,695 |  |  | 565 |  |  | 2,870 |  |  | 8,130 |
Contract terminations |  | — |  |  | 74 |  |  | — |  |  | 74 |
Total |  | $ | 4,695 |  |  | $ | 644 |  |  | $ | 2,959 |  |  | $ | 8,298 |
2014 Corporate, Research and Development Plan |  | For the Period January 1 Through August 14, 2015 (Predecessor)
| Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
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 | )
Contract terminations |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 460 |  |  | $ | 9 |  |  | $ | 1,726 |  |  | $ | 2,195 |
2014 Corporate, Research and Development Plan |  | For the Period August 15 Through September 30, 2015 (Successor)
| Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Fixed asset write-offs and other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Research and Development |  |
Accelerated depreciation |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Selling and General Administrative |  |
Other |  | — |  |  | — |  |  | 10 |  |  | 10 |
Recorded in Rationalizations |  |
Severance and related costs |  | — |  |  | — |  |  | — |  |  | — |
Contract terminations |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  | $ | 10 |  |  | $ | 10 |
All Plans |  | For the Nine Months Ended September 30, 2014 (Predecessor) |
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total |
|  | (Dollars in thousands) |
Recorded in Cost of Sales |  |  |
Accelerated depreciation |  | $ | 21,690 |  |  | $ | 3,633 |  |  | $ | — |  |  | $ | 25,323 |  |
Inventory loss |  | 991 |  |  | 13,654 |  |  | — |  |  | 14,645 |  |
Fixed asset write-offs and other |  | 5,203 |  |  | 310 |  |  | — |  |  | 5,513 |  |
Recorded in Research and Development |  |  |
Accelerated Depreciation |  | — |  |  | — |  |  | 89 |  |  | 89 |  |
Recorded in Selling and General Administrative |  |  |
Other |  | 98 |  |  | — |  |  | — |  |  | 98 |  |
Recorded in Rationalizations |  |  |
Severance and related costs |  | 5,061 |  |  | 3,074 |  |  | 2,870 |  |  | 11,005 |  |
Contract terminations |  | 610 |  |  | 146 |  |  | — |  |  | 756 |  |
Total |  | $ | 33,653 |  |  | $ | 20,817 |  |  | $ | 2,959 |  |  | $ | 57,429 |  |
All Plans |  | For the Period January 1 Through August 14, 2015 (Predecessor)
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | 432 |  |  | $ | — |  |  | $ | — |  |  | $ | 432 |
Inventory loss |  | (33 | ) |  | 975 |  |  | — |  |  | 942 |
Fixed asset write-offs and other |  | 1,715 |  |  | 1,078 |  |  | — |  |  | 2,793 |
Recorded in Research and Development |  |
Accelerated Depreciation |  | — |  |  | — |  |  | 940 |  |  | 940 |
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 |
All Plans |  | For the Period August 15 Through September 30, 2015 (Successor)
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Inventory loss |  | 15 |  |  | 132 |  |  | — |  |  | 147 |
Fixed asset write-offs and other |  | 15 |  |  | 351 |  |  | — |  |  | 366 |
Recorded in Research and Development |  |
Accelerated depreciation |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Selling and General Administrative |  |
Other |  | — |  |  | 201 |  |  | 10 |  |  | 211 |
Recorded in Rationalizations |  |
Severance and related costs |  | 156 |  |  | 480 |  |  | — |  |  | 636 |
Contract terminations |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 186 |  |  | $ | 1,164 |  |  | $ | 10 |  |  | $ | 1,360 |
Charges incurred related to the 2013 rationalization initiatives are as follows:
2013 Plans |  | For the Three Months Ended September 30, 2014 (Predecessor)
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | 838 |  |  | $ | — |  |  | $ | — |  |  | $ | 838 |
Inventory loss |  | 324 |  |  | — |  |  | — |  |  | 324 |
Fixed asset write-offs and other |  | 1,294 |  |  | 6 |  |  | — |  |  | 1,300 |
Recorded in Selling and General Administrative |  |
Other |  | 20 |  |  | — |  |  | — |  |  | 20 |
Recorded in Rationalizations |  |
Severance and related costs |  | (52 | ) |  | — |  |  | — |  |  | (52 | )
Contract terminations |  | 82 |  |  | — |  |  | — |  |  | 82 |
Total |  | $ | 2,506 |  |  | $ | 6 |  |  | $ | — |  |  | $ | 2,512 |
2013 Plans |  | For the Period July 1, 2015 Through August 14, 2015 (Predecessor)
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Inventory loss |  | 27 |  |  | — |  |  | — |  |  | 27 |
Fixed asset write-offs and other |  | 59 |  |  | 12 |  |  | — |  |  | 71 |
Recorded in Selling and General Administrative |  |
Other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Rationalizations |  |
Severance and related costs |  | — |  |  | 10 |  |  | — |  |  | 10 |
Contract terminations |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 86 |  |  | $ | 22 |  |  | $ | — |  |  | $ | 108 |
2013 Plans |  | For the Period August 15 Through September 30, 2015 (Successor)
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Inventory loss |  | 15 |  |  | — |  |  | — |  |  | 15 |
Fixed asset write-offs and other |  | 15 |  |  | — |  |  | — |  |  | 15 |
Recorded in Selling and General Administrative |  |
Other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Rationalizations |  |
Severance and related costs |  | 156 |  |  | — |  |  | — |  |  | 156 |
Contract terminations |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 186 |  |  | $ | — |  |  | $ | — |  |  | $ | 186 |
2013 Plans |  | For the Nine Months Ended September 30, 2014 (Predecessor)
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | 21,690 |  |  | $ | 826 |  |  | $ | — |  |  | $ | 22,516 |
Inventory loss |  | 991 |  |  | 491 |  |  | — |  |  | 1,482 |
Fixed asset write-offs and other |  | 5,203 |  |  | 131 |  |  | — |  |  | 5,334 |
Recorded in Selling and General Administrative |  |
Other |  | 99 |  |  | — |  |  | — |  |  | 99 |
Recorded in Rationalizations |  |
Severance and related costs |  | 366 |  |  | (28 | ) |  | — |  |  | 338 |
Contract terminations |  | 609 |  |  | — |  |  | — |  |  | 609 |
Total |  | $ | 28,958 |  |  | $ | 1,420 |  |  | $ | — |  |  | $ | 30,378 |
2013 Plans |  | For the Period January 1, 2015 Through August 14, 2015 (Predecessor)
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, 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 Selling and General Administrative |  |
Other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Rationalizations |  |
Severance and related costs |  | 97 |  |  | 156 |  |  | — |  |  | 253 |
Contract terminations |  | 25 |  |  | — |  |  | — |  |  | 25 |
Total |  | $ | 2,236 |  |  | $ | 426 |  |  | $ | — |  |  | $ | 2,662 |
2013 Plans |  | For the Period August 15, 2015 Through September 30, 2015 (Successor)
|  | Industrial Materials Segment |  | Engineered Solutions Segment |  | Corp, R&D and Other |  | Total
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |
Accelerated depreciation |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Inventory loss |  | 15 |  |  | — |  |  | — |  |  | 15 |
Fixed asset write-offs and other |  | 15 |  |  | — |  |  | — |  |  | 15 |
Recorded in Selling and General Administrative |  |
Other |  | — |  |  | — |  |  | — |  |  | — |
Recorded in Rationalizations |  |
Severance and related costs |  | 156 |  |  | — |  |  | — |  |  | 156 |
Contract terminations |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 186 |  |  | $ | — |  |  | $ | — |  |  | $ | 186 |
Charges incurred related to the 2015 Advanced Graphite Materials rationalization initiative are as follows:
|  | Predecessor |  | Successor
2015 Advanced Graphite Materials Rationalization |  | For the Period July 1 Through August 14, 2015 |  | For the Period January 1 Through August 14, 2015 |  | For the Period August 15 Through September 30, 2015
|  | Engineered Solutions Segment
|  | (Dollars in thousands)
Recorded in Cost of Sales |  |  |
Inventory loss |  | — |  |  | 404 |  |  | — |
Fixed asset write-offs and other |  | 78 |  |  | 434 |  |  | 618 |
Recorded in Selling and General Administrative |  |  |
Other |  | 461 |  |  | 755 |  |  | 201 |
Recorded in Rationalizations |  |  |
Severance and related costs |  | 236 |  |  | 4,838 |  |  | 480 |
Contract terminations |  | — |  |  | 154 |  |  | — |
Total |  | $ | 775 |  |  | $ | 6,585 |  |  | $ | 1,299 |
Schedule of Restructuring Reserve | he 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 | 5,543 |
Payments and settlements | (2,032 | )
Effect of change in currency exchange rates | (38 | )
Balance as of September 30, 2015 | $ | 3,473 |
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 included in "Rationalizations" on the Consolidated Balance Sheets.
2014 Corporate and R&D Plan
| (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 | (5,046 | )
Effect of change in currency exchange rates | (121 | )
Balance as of September 30, 2015 | $ | 1,606 |
The following table represents the roll-forward of the liability incurred for employee termination benefits and contract termination costs incurred in connection with the the rationalization initiatives described above. This liability is included in "Rationalizations" on the Consolidated Balance Sheets.
2013 Plans
| (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 | 193 |
Change in estimates | 214 |
Payments and settlements | (1,057 | )
Effect of change in currency exchange rates | (212 | )
Balance as of September 30, 2015 | $ | 173 |
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 included in "Rationalizations" on the Consolidated Balance Sheets.
2014 Engineered Solutions Plan
| (Dollars in thousands)
Balance as of December 31, 2013 | $ | — |
Charges incurred | 2,611 |
Change in estimates | (40 | )
Payments and settlements | (916 | )
Balance as of December 31, 2014 | 1,655 |
Charges incurred | 50 |
Change in estimates | (716 | )
Payments and settlements | (979 | )
Balance as of September 30, 2015 | $ | 10 |

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration