Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2025

Schedule Of Financial Information Concerning Reportable Segments

The following table presents selected financial information with respect to the Company’s single operating segment for the three and six months ended June 30, 2025 and 2024, respectively:


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
	(Dollars in thousands)
Net sales	$	131,840	$	137,327	$	243,679	$	273,911
Cash cost of goods sold(1)	107,354		110,021		197,560		220,763
Other segment expenses	22,531		21,949		43,090		46,411
Lower of cost or market inventory valuation adjustment	1,893		1,381		4,676		4,073
Research and development	1,348		1,447		3,227		3,074
Selling and administrative expenses	13,267		5,098		27,889		20,375
Rationalization expenses	—		110		—		3,255
Other income, net	(2,426)		(1,091)		(1,979)		(1,484)
Interest expense	25,418		15,609		55,259		31,235
Interest income	(1,866)		(1,853)		(3,801)		(3,377)
Income tax expense (benefit)	51,207		(592)		43,995		(4,793)
Net loss	$	(86,886)	$	(14,752)	$	(126,237)	$	(45,621)

(1) Cash cost of goods sold is defined as cost of goods sold less depreciation and amortization and less cost of goods sold associated with the portion of our sales that consist of deliveries of by-products of the manufacturing processes, and is the significant expense the chief operating decision maker uses to evaluate segment expenses

GRAFTECH INTERNATIONAL LTD 10-Q