XML 60 R41.htm IDEA: XBRL DOCUMENT v3.22.4

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule Of Income From Continuing Operations Before Income Taxes

Income (loss) from continuing operations before income taxes and income tax expense (benefit) for continuing operations are as follows:

(In thousands)			2022						2021						2020
Income (loss) from continuing operations before income taxes:
Domestic			$	3,185					$	22,885					$	(58,033)
Foreign			29,585						44,336						32,987
Total			$	32,770					$	67,221					$	(25,046)
Current income tax expense (benefit):
Federal			$	2					$	1,232					$	4,777
State			772						764						136
Foreign			3,071						13,521						2,374
Total			3,845						15,517						7,287
Deferred income tax expense (benefit):
Federal			24						(7,862)						(18,191)
State			(537)						125						(640)
Foreign			1,057						1,504						3,331
Total			544						(6,233)						(15,500)
Total income tax expense (benefit)			$	4,389					$	9,284					$	(8,213)

Summary Of Effective Income Tax Rate For Continuing Operations

			2022									2021									2020
(In thousands, except percentages)			Amount			%						Amount			%						Amount			%
Income tax expense (benefit) at federal statutory rate			$	6,882		21.0						$	14,116		21.0						$	(5,260)		21.0
Foreign rate differences			2,924			8.9						8,269			12.3						4,554			(18.2)
U.S. tax on foreign branch income			1,390			4.1						(5,667)			(8.4)						1,409			(5.6)
Non-deductible other			381			1.2						1,053			1.6						208			(0.8)
Tax contingency accruals and tax settlements			88			0.3						202			0.3						(58)			0.2
State taxes, net of federal income tax benefit			48			0.1						933			1.4						(373)			1.5
Valuation allowance for capital loss carryforwards			—			—						(5,415)			(8.1)						52			(0.2)
Foreign currency translation variation on intercompany loans			—			—						1,374			2.0						—			—
Dividend received deduction net of foreign withholding tax			—			—						(109)			(0.2)						(52)			0.2
Changes in estimates related to prior year tax provision			(175)			(0.5)						(383)			(0.6)						(2,472)			9.9
Foreign derived intangible income deduction			(763)			(2.3)						—			—						—			—
Tax on Prodepe tax incentive			(1,024)			(3.1)						2,858			4.3						(801)			3.2
Research and development tax credit			(1,489)			(4.5)						(928)			(1.4)						(633)			2.5
Brazilian tax incentive			(3,873)			(11.8)						(7,019)			(10.4)						(4,787)			19.1
Income tax expense (benefit) at effective income tax rate			$	4,389		13.4						$	9,284		13.8						$	(8,213)		32.8

Schedule Of Deferred Tax Liabilities And Assets

Deferred income tax liabilities and deferred income tax assets at December 31, 2022 and 2021, are as follows:

(In thousands)			2022						2021
Deferred income tax liabilities:
Amortization of goodwill and identifiable intangibles			$	10,533					$	10,215
Depreciation			14,950						12,902
Foregone tax credits on foreign branch income			719						4,796
Right-of-use leased assets			3,147						2,767
Other			722						520
Total deferred income tax liabilities			30,071						31,200
Deferred income tax assets:
Pensions			7,535						5,632
Employee benefits			7,558						7,791
Excess capital losses			1,099						1,097
Inventory			3,952						3,775
Asset write-offs, divestitures and environmental accruals			1,075						1,173
Tax benefit on U.S. federal, state and foreign NOL and credit carryforwards			24,914						33,922
Section 174 Capitalized R&D expenditures			4,874						—
Other			1,220						146
Lease liabilities			3,328						2,977
Tax basis remaining for installment sale - kaléo			999						1,092
Foreign currency translation gain adjustment			1,224						1,970
Deferred income tax assets before valuation allowance			57,778						59,575
Less: Valuation allowance			13,807						12,652
Total deferred income tax assets			43,971						46,923
Net deferred income tax (assets) liabilities			$	(13,900)					$	(15,723)
Amounts recognized in the consolidated balance sheets:
Deferred income tax assets (noncurrent)			$	13,900					$	15,723
Deferred income tax liabilities (noncurrent)			—						—
Net deferred income tax assets (liabilities)			$	13,900					$	15,723

Schedule Of Unrecognized Uncertain Tax Positions

A reconciliation of the Company’s unrecognized uncertain tax positions since January 1, 2020, is shown below:

			Years Ended December 31,
(In thousands)			2022						2021						2020
Balance at beginning of period			$	648					$	628					$	881
Increase (decrease) due to tax positions taken in:
Current period			2						—						12
Prior period			44						40						—
Reductions due to lapse of statute of limitations			(66)						(20)						(265)
Balance at end of period			$	628					$	648					$	628

Schedule Of Additional Information Related To Unrecognized Uncertain Tax Positions

Additional information related to unrecognized uncertain tax positions since January 1, 2020 is summarized below:

			Years Ended December 31,
(In thousands)			2022						2021						2020
Gross unrecognized tax benefits on uncertain tax positions (reflected in current income tax, other noncurrent liability accounts, or deferred tax assets in the balance sheet)			$	628					$	648					$	628
Deferred income tax assets related to unrecognized tax benefits on uncertain tax positions (reflected in deferred income tax accounts in the balance sheet)			143						48						(110)
Net unrecognized tax benefits on uncertain tax positions, which would impact the effective tax rate if recognized			771						696						518
Interest and penalties accrued on deductions taken relating to uncertain tax positions (approximately $16, $26 and $2 reflected in income tax expense in the income statement in 2022, 2021 and 2020, respectively, with the balance shown in current income tax and other noncurrent liability accounts in the balance sheet)			149						133						102
Related deferred income tax assets recognized on interest and penalties			(34)						(31)						(24)
Interest and penalties accrued on uncertain tax positions net of related deferred income tax benefits, which would impact the effective tax rate if recognized			115						102						78
Total net unrecognized tax benefits on uncertain tax positions reflected in the balance sheet, which would impact the effective tax rate if recognized			$	886					$	798					$	596

X

- Definition

Schedule Of Additional Information Related To Our Unrecognized Uncertain Tax Positions [Table Text Block]

+ References

No definition available.

+ Details

Name:	tg_ScheduleOfAdditionalInformationRelatedToOurUnrecognizedUncertainTaxPositionsTableTextBlock
Namespace Prefix:	tg_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule Of Unrecognized Uncertain Tax Positions [Table Text Block]

+ References

No definition available.

+ Details

Name:	tg_ScheduleOfUnrecognizedUncertainTaxPositionsTableTextBlock
Namespace Prefix:	tg_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(1)(Note 1))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration