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Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table provides information about disaggregated revenue by type of product and contract:

			For the Three Months Ended June 30,												For the Six Months Ended June 30,
			2022						2021						2022						2021
			(Dollars in thousands)
Graphite Electrodes - LTAs			$	229,290					$	253,589					$	471,771					$	499,154
Graphite Electrodes - Non-LTAs			109,194						65,204						217,244						112,459
By-products and other			25,162						11,957						40,876						23,534
Total Revenues			$	363,646					$	330,750					$	729,891					$	635,147

Contract with Customer, Contract Liability

The following table provides information about deferred revenue from contracts with customers. Current deferred revenue is included in "Other accrued liabilities" and long-term deferred revenue is included in "Other long-term obligations" on the Condensed Consolidated Balance Sheets:

			Current Deferred Revenue						Long-Term Deferred Revenue
			(Dollars in thousands)
Balance as of December 31, 2021			$	9,840					$	4,303
Revenue recognized (included in 12.31.2021 balance)			(2,221)						—
Increases due to net cash received, not yet recognized			14,913						7,177
Reclassifications between long-term and current			143						(143)
Foreign currency impact			24						—
Balance as of June 30, 2022			$	22,699					$	11,337

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction

The revenue associated with our LTAs is expected to be approximately as follows:

			2022						2023						2024
			(Dollars in millions)
Estimated LTA revenue			$860-$960						$200- $255						$130-$165(1)

(1) Includes expected termination fees from a few customers that have failed to meet certain obligations under their LTAs.

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045

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