Supplementary Balance Sheet Detail

12 Months Ended

Dec. 31, 2024

Balance Sheet Related Disclosures [Abstract]

The following tables present supplementary balance sheet details:


	December 31, 2024		December 31, 2023
	(Dollars in thousands)
Inventories:
Raw materials and supplies	$	78,386	$	109,084
Work in process	122,590		186,473
Finished goods	30,265		34,589
	$	231,241	$	330,146
Prepaid expenses and other current assets:
Prepaid expenses	$	11,258	$	11,176
Value-added tax and other indirect taxes receivable	21,922		28,629
Spare parts inventory	14,189		15,242
Other current assets	8,363		11,335
	$	55,732	$	66,382
Property, plant and equipment:
Land and improvements	$	49,212	$	49,962
Buildings	85,871		87,820
Machinery and equipment and other	731,783		717,002
Construction in progress	43,381		65,660
	$	910,247	$	920,444
Other accrued liabilities:
Payrolls (including incentive programs)	$	9,979	$	22,369
Employee benefits	6,074		7,018
Deferred revenue	11,223		31,583
Other	28,156		30,732
	$	55,432	$	91,702
Other long-term obligations:
Post-employment benefits	$	10,969	$	12,613
Pension and related benefits	21,919		26,068
Other	15,671		16,964
	$	48,559	$	55,645

The following table presents an analysis of the allowance for doubtful accounts for the years ended December 31:


	2024		2023		2022
	(Dollars in thousands)
Balance at beginning of year	$	7,708	$	8,019	$	6,835
(Credit) charge to income	(660)		(439)		1,585
Deductions	66		128		(401)
Balance at end of year	$	7,114	$	7,708	$	8,019

Supplier Finance Program (“SFP”) Obligations

GrafTech Mexico S.A. De C.V. (“GrafTech Mexico”) participates in an electronic vendor voucher payment program supported by the Mexican Government through one of its national banks, whereby suppliers can factor their invoices through a financial intermediary. This program gives GrafTech Mexico’s suppliers the option to settle trade receivables by obtaining payment for a discounted amount from the financial intermediary prior to the invoice due date for a discounted amount. GrafTech Mexico’s responsibility is limited to making payment on the terms originally negotiated with its supplier, regardless of whether the supplier elects to receive early payment. The range of payment terms GrafTech Mexico negotiates with its suppliers is consistent, irrespective of whether a supplier participates in the program.

SFP obligations are included in accounts payable on the Consolidated Balance Sheets and upon settlement, are reflected as cash flow from operating activities in the Consolidated Statements of Cash Flows. See below for a rollforward of our SFP obligations.


	(Dollars in thousands)
Confirmed obligations outstanding as of December 31, 2022	$	—
Invoices confirmed during the year	24,368
Confirmed invoices paid during the year	(19,732)
Confirmed obligations outstanding as of December 31, 2023	$	4,636
Invoices confirmed during the year	17,821
Confirmed invoices paid during the year	(16,871)
Confirmed obligations outstanding as of December 31, 2024	$	5,586