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Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 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:
Three Months Ended September 30,Nine Months
Ended September 30,
2022202120222021
(Dollars in thousands)
Graphite Electrodes - LTAs$212,087 $267,349 $683,858 $766,503 
Graphite Electrodes - Non-LTAs79,710 69,295 296,954 181,754 
By-products and other12,043 10,704 52,919 34,238 
Total Revenues$303,840 $347,348 $1,033,731 $982,495 
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 RevenueLong-Term Deferred Revenue
(Dollars in thousands)
Balance as of December 31, 2021
$9,840 $4,303 
Revenue recognized (included in the December 31, 2021 balance)(2,452)(114)
Increases due to net cash received, not yet recognized22,230 7,177 
Reclassifications between long-term and current143 (143)
Foreign currency impact23 — 
Balance as of September 30, 2022
$29,784 $11,223 
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction The revenue associated with our LTAs is expected to be approximately as follows:
202220232024
(Dollars in millions)
Estimated LTA revenue
$830-$870(1)
$225- $285(1)
$130-$165(2)
(1) The estimates set forth in this table reflect our current expectations regarding the shift of LTA revenue out of 2022 into 2023, primarily due to the suspension of our operations in Monterrey, Mexico.
(2) Includes expected termination fees from a few customers that have failed to meet certain obligations under their LTAs.