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Acquisitions Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2018
Acquisitions [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
Based upon management’s valuation of the fair value of tangible and identifiable intangible assets acquired (net of cash acquired) and liabilities assumed, the allocation of the Adjusted Net Purchase Price is as follows:
(In thousands)
 
Accounts receivable
$
6,680

Inventories
10,342

Prepaid expenses and other current assets
240

Property, plant & equipment
32,662

Identifiable intangible assets:
 
      Customer relationships
24,000

      Trade names
6,700

Trade payables & accrued expenses
(8,135
)
      Total identifiable net assets
72,489

      Adjusted Net Purchase Price
82,860

Goodwill
$
10,371
Business Acquisition, Pro Forma Information [Table Text Block]
The supplemental unaudited pro forma measures for the year ended December 31, 2017 is presented below:

Tredegar Pro Forma Results with Futura Acquisition
 
(In thousands, except per-share data)
2017
Sales
$
968,340

Net income
$
37,974

Earnings per share:
 
    Basic
$
1.15

    Diluted
$
1.15