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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule Of U.S. And Non-U.S. Components Of Income (Loss) Before Provision (Benefit) For Income Taxes

(Loss) income before income taxes was derived from the following sources:

			Year Ended December 31,
			2024						2023						2022
			(Dollars in thousands)
U.S.			$	(79,339)					$	(111,821)					$	55,107
Foreign			(73,929)						(161,943)						397,211
(Loss) income before income taxes			$	(153,268)					$	(273,764)					$	452,318

Schedule Of Income Tax Expense (Benefit)

Income tax (benefit) expense consisted of the following:

			Year Ended December 31,
			2024						2023						2022
			(Dollars in thousands)
U.S. income taxes:
Current			$	153					$	(129)					$	3,590
Deferred			(17,930)						(12,643)						13,302
			(17,777)						(12,772)						16,892
Foreign income taxes:
Current			5,378						9,738						48,744
Deferred			(9,704)						(15,480)						3,720
			(4,326)						(5,742)						52,464
Income tax (benefit) expense			$	(22,103)					$	(18,514)					$	69,356

Schedule Of Income Tax Expense (Benefit) Computed By Applying The U.S. Federal Income Tax Rate

			Year Ended December 31,
			2024						2023						2022
			(Dollars in thousands)
Tax at statutory U.S. federal rate			$	(32,190)					$	(57,490)					$	94,987
Impact of U.S. Tax Cuts and Jobs Act of 2017 - GILTI			195						1,041						38,153
Impact of Tax Receivable Agreement			(26)						91						(39)
Valuation allowance			10,396						(282)						(1,259)
State taxes, net of federal tax benefit			(10,054)						818						2,182
U.S. tax impact of foreign earnings (net of foreign tax credits)			587						311						348
Establishment/resolution of uncertain tax positions			—						(36)						(40)
Adjustment for foreign income taxed at different rates			11,476						16,666						(25,656)
Foreign tax credits			—						(2,534)						(34,264)
Change-in-Control-related compensation			—						—						(1,432)
Impact of non-deductible goodwill impairment			—						24,570						—
Other			(2,487)						(1,669)						(3,624)
Income tax (benefit) expense			$	(22,103)					$	(18,514)					$	69,356

Schedule Of Deferred Tax Assets And Deferred Tax Liabilities

			December 31,
			2024						2023
			(Dollars in thousands)
Deferred tax assets:
Post-employment and other employee benefits			$	15,240					$	18,088
Foreign tax credit and other carryforwards			81,682						40,172
Capitalized research and experimental costs			212						212
Environmental reserves			—						1,058
Inventory adjustments			4,936						7,710
Long-term contract option amortization			845						881
Other			4,406						1,198
Total gross deferred tax assets			107,321						69,319
Less: valuation allowance			(19,308)						(8,956)
Total deferred tax assets			88,013						60,363
Deferred tax liabilities:
Fixed assets			$	50,247					$	51,474
Goodwill and acquired intangibles			6,676						6,418
Mark-to-market hedges			—						1,403
Other			1,922						2,732
Total deferred tax liabilities			58,845						62,027
Net deferred tax asset (liability)			$	29,168					$	(1,664)

Schedule Of Valuation Allowance Activity

Valuation allowance activity for the years ended December 31, 2024, 2023 and 2022 is as follows:

			(Dollars in thousands)
Balance as of December 31, 2021			$	10,550
Credited to income			(1,259)
Translation adjustment			(22)
Balance as of December 31, 2022			$	9,269
Credited to income			(268)
Translation adjustment			(45)
Balance as of December 31, 2023			$	8,956
Charged to income			10,396
Translation adjustment			(44)
Balance as of December 31, 2024			$	19,308

Schedule of Unrecognized Tax Benefits Roll Forward

			(Dollars in thousands)
Balance as of December 31, 2022			$	36
Lapse of statute of limitations			(36)
Foreign currency impact			—
Balance as of December 31, 2023			$	—
Lapse of statute of limitations			—
Foreign currency impact			—
Balance as of December 31, 2024			$	—

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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 valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance.

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