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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2016	Oct. 28, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q3
Trading Symbol	LXU
Entity Registrant Name	LSB INDUSTRIES INC
Entity Central Index Key	0000060714
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		27,911,540

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 76,010	$ 127,195
Restricted cash	106,940
Accounts receivable, net	39,781	49,601
Inventories:
Finished goods	11,695	19,029
Raw materials	1,554	5,428
Total inventories, net	13,249	24,457
Supplies, prepaid items and other:
Prepaid insurance	1,680	10,563
Precious metals	9,375	12,918
Supplies	22,568	18,681
Prepaid and refundable income taxes	6,514	6,811
Other	2,323	4,701
Total supplies, prepaid items and other	42,460	53,674
Deferred income taxes	4,369	4,774
Current assets held for sale		72,996
Total current assets	282,809	332,697
Property, plant and equipment, net	1,089,845	978,709
Intangible and other, net	12,942	16,640
Noncurrent assets held for sale		33,781
Total assets	1,385,596	1,361,827
Current liabilities:
Accounts payable	54,946	87,999
Short-term financing	919	9,119
Accrued and other liabilities	30,250	39,808
Current portion of long-term debt, net	110,495	22,468
Current liabilities held for sale		32,526
Total current liabilities	196,610	191,920
Long-term debt, net	409,090	497,954
Noncurrent accrued and other liabilities	9,356	8,786
Noncurrent liabilities held for sale		12,136
Deferred income taxes	112,556	52,179
Commitments and contingencies (Note 8)
Stockholders' equity:
Common stock, $.10 par value; 75,000,000 shares authorized, 31,280,685 shares issued (27,131,724 shares at December 31, 2015)	3,128	2,713
Capital in excess of par value	193,516	192,249
Retained earnings	342,880	248,150
Stockholders equity including treasury stock	542,524	446,112
Less treasury stock, at cost:
Common stock, 3,369,145 shares (3,735,503 shares at December 31, 2015)	22,523	24,532
Total stockholders' equity	520,001	421,580
Total Liabilities and Stockholders' equity	1,385,596	1,361,827
Series E Preferred Stock [Member]
Redeemable preferred stocks:
Redeemable preferred stock, value	137,983	177,272
Series B Preferred Stock [Member]
Stockholders' equity:
Preferred stock, value	2,000	2,000
Series D Preferred Stock [Member]
Stockholders' equity:
Preferred stock, value	$ 1,000	$ 1,000

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (Unaudited) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Common stock, par value	$ 0.10	$ 0.10
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	31,280,685	27,131,724
Treasury stock, common shares	3,369,145	3,735,503
Series E Preferred Stock [Member]
Cumulative redeemable preferred stock, dividend rate	14.00%	14.00%
Redeemable preferred stock, par value	$ 0	$ 0
Redeemable preferred stock, shares issued	210,000
Redeemable preferred stock, shares outstanding	139,768	210,000
Redeemable preferred stock, liquidation preference	$ 156,377,000	$ 212,287,000
Series F Preferred Stock [Member]
Redeemable preferred stock, par value	$ 0	$ 0
Redeemable preferred stock, shares issued	1
Redeemable preferred stock, shares outstanding	1
Redeemable preferred stock, liquidation preference	$ 100
Series B Preferred Stock [Member]
Convertible preferred stock dividend rate	12.00%	12.00%
Preferred stock, shares issued	20,000	20,000
Preferred stock, shares outstanding	20,000	20,000
Series B cumulative, convertible preferred stock, par value	$ 100	$ 100
Series D Preferred Stock [Member]
Convertible preferred stock dividend rate	6.00%	6.00%
Preferred stock, shares issued	1,000,000	1,000,000
Preferred stock, shares outstanding	1,000,000	1,000,000
Series D cumulative, convertible Class C preferred stock, par value

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Net sales	$ 80,262	$ 88,567	$ 289,216	$ 347,670
Cost of sales	116,641	100,365	329,630	326,053
Gross profit (loss)	(36,379)	(11,798)	(40,414)	21,617
Selling, general and administrative expense	9,962	11,602	31,730	37,348
Impairment of natural gas properties		39,670		39,670
Other income, net	(409)	(866)	(20)	(1,357)
Operating loss	(45,932)	(62,204)	(72,124)	(54,044)
Interest expense, net	13,333	872	21,129	6,498
Non-operating other expense (income), net	2,451	(23)	437	(103)
Loss from continuing operations before benefit for income taxes	(61,716)	(63,053)	(93,690)	(60,439)
Benefit for income taxes	(22,226)	(26,632)	(30,747)	(25,381)
Loss from continuing operations	(39,490)	(36,421)	(62,943)	(35,058)
Income from discontinued operations, net of taxes	173,041	2,658	196,644	8,361
Net income (loss)	133,551	(33,763)	133,701	(26,697)
Dividends on convertible preferred stocks	75		225	300
Dividend on Series E redeemable preferred stock			22,351
Accretion of Series E redeemable preferred stock			16,620
Net income attributable to participating securities	1,920		1,718
Net income (loss) attributable to common stockholders	$ 112,047	$ (33,763)	$ 92,787	$ (26,997)
Basic:
Loss from continuing operations	$ (2.25)	$ (1.60)	$ (4.17)	$ (1.56)
Income from discontinued operations, net of taxes	6.39	0.12	7.89	0.37
Net income (loss)	4.14	(1.48)	3.72	(1.19)
Diluted:
Loss from continuing operations	(2.25)	(1.60)	(4.17)	(1.56)
Income from discontinued operations, net of taxes	6.39	0.12	7.89	0.37
Net income (loss)	$ 4.14	$ (1.48)	$ 3.72	$ (1.19)
Series E Preferred Stock [Member]
Dividend on Series E redeemable preferred stock	$ 7,372		$ 22,351
Accretion of Series E redeemable preferred stock	$ 12,137		$ 16,620

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS EQUITY (Unaudited) - 9 months ended Sep. 30, 2016 - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock Shares [Member]	Non-Redeemable Preferred Stock [Member]	Capital in Excess of Par Value [Member]	Retained Earnings [Member]	Treasury Stock-Common [Member]
Balance at Dec. 31, 2015	$ 421,580	$ 2,713	$ 3,000	$ 192,249	$ 248,150	$ (24,532)
Balance shares at Dec. 31, 2015		27,132
Net income	133,701				133,701
Dividend accrued on redeemable preferred stock	(22,351)				(22,351)
Accretion of redeemable preferred stock	(16,620)				(16,620)
Stock-based compensation	4,201			4,201
Exercise of stock options	371	$ 4		367
Exercise of stock options, shares		45
Exercise of warrants, net		$ 411				(411)
Exercise of warrants, shares		4,104
Issuance of restricted stock, net	(467)			(2,887)		2,420
Excess income tax detriment associated with stock-based compensation	(414)			(414)
Balance at Sep. 30, 2016	$ 520,001	$ 3,128	$ 3,000	$ 193,516	$ 342,880	$ (22,523)
Balance shares at Sep. 30, 2016		31,281

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from continuing operating activities
Net income (loss)	$ 133,701	$ (26,697)
Adjustments to reconcile net income (loss) to net cash provided (used) by continuing operating activities:
Income from discontinued operations, net of taxes	(196,644)	(8,361)
Deferred income taxes	(31,128)	(20,554)
Impairment of natural gas properties		39,670
Depreciation, depletion and amortization of property, plant and equipment	41,480	26,483
Other	7,605	2,588
Cash provided (used) by changes in assets and liabilities (net of effects of discontinued operations):
Accounts receivable	9,428	10,673
Inventories	12,499	(1,584)
Prepaid insurance	7,241	9,956
Prepaid and accrued income taxes	298	(1,322)
Other supplies, prepaid items and other	624	(3,943)
Accounts payable	16,005	2,328
Accrued interest	(7,679)	(8,202)
Other current and noncurrent liabilities	5,746	(1,816)
Net cash provided (used) by continuing operating activities	(824)	19,219
Cash flows from continuing investing activities
Expenditures for property, plant and equipment	(202,187)	(300,035)
Net proceeds from sale of discontinued operations	349,373
Deposits of restricted cash	(186,935)
Proceeds from current and noncurrent restricted cash and cash equivalents	79,995	45,969
Proceeds from short-term investments		24,500
Purchases of short-term investments		(25,000)
Proceeds from noncurrent restricted investments		25,000
Other investing activities	3,488	156
Net cash provided (used) by continuing investing activities	43,734	(229,410)
Cash flows from continuing financing activities
Proceeds from revolving debt facility	76,516	15,101
Payments on revolving debt facility	(76,516)	(1,800)
Proceeds from other long-term debt, net of fees	14,751	31,047
Payments on other long-term debt	(11,653)	(8,615)
Payments of debt modification and issuance costs	(5,949)	(121)
Payments of issuance costs relating to preferred stocks and warrants	(785)
Payments on short-term financing	(7,530)	(9,509)
Proceeds from exercises of stock options	371	1,785
Excess income tax benefit associated with stock-based compensation		330
Redemption of preferred stock	(71,966)
Dividends paid on preferred stocks	(8,028)	(300)
Net cash provided (used) by continuing financing activities	(90,789)	27,918
Cash flows of discontinued operations:
Net cash provided (used) by operating activities	(439)	24,992
Net cash used by investing activities	(1,025)	(2,406)
Net cash used by financing activities	(1,842)	(1,425)
Net cash provided (used) by discontinued operations	(3,306)	21,161
Net decrease in cash and cash equivalents	(51,185)	(161,112)
Cash and cash equivalents at beginning of period	127,195	184,996
Cash and cash equivalents at end of period	$ 76,010	$ 23,884

Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2016

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Note 1: Summary of Significant Accounting Policies

For a complete discussion of our significant accounting policies, refer to the notes to our audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2015 (the “2015 Form 10-K”) filed with the Securities and Exchange Commission (“SEC”) on February 29, 2016, except for Note 2 pertaining to discontinued operations, included in our Current Report on Form 8-K in Exhibit 99.3 filed with the SEC on August 26, 2016 (the “August Form 8-K”).

Basis of Consolidation - LSB Industries, Inc. (“LSB”) and its subsidiaries (the “Company”, “We”, “Us”, or “Our”) are consolidated in the accompanying condensed consolidated financial statements. We are engaged in the manufacture and sale of chemical products. LSB is a holding company with no significant operations or assets other than cash, cash equivalents, and investments in its subsidiaries. Our ownership of working interests in natural gas properties is accounted for as an undivided interest, whereby we reflect our proportionate share of the underlying assets, liabilities, revenues and expenses. Our working interest represents our share of the costs and expenses incurred primarily to develop the underlying leaseholds and to produce natural gas while our net revenue interest represents our share of the revenues from the sale of natural gas. The net revenue interest is less than our working interest as the result of royalty interest due to others. We are not the operator of these natural gas properties. All material intercompany accounts and transactions have been eliminated.

On May 11, 2016, LSB, Consolidated Industries L.L.C., a direct, wholly owned subsidiary of LSB (“Consolidated”), and Climate Control Group, Inc., a direct, wholly owned subsidiary of Consolidated and an indirect subsidiary of LSB (the “Climate Control Group”), entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with NIBE Industrier AB (publ), and NIBE Energy Systems Inc., an indirect wholly owned subsidiary of NIBE Industrier AB (collectively “NIBE”) pursuant to which LSB, through Consolidated, agreed to sell to NIBE all of the outstanding shares of stock of the Climate Control Group for a total of approximately $364 million, subject to post-closing adjustments, which sale was completed on July 1, 2016. The Climate Control Group conducted LSB’s Climate Control Business (the “Climate Control Business”). The assets and liabilities of Climate Control Business have been reclassified and reported as held for sale as of December 31, 2015. Furthermore, the operating activities of Climate Control Business have been reclassified and reported as discontinued operations for all periods presented. Our financial statements and footnotes reflect our results from continuing operations unless otherwise noted. See Note 2 – Discontinued Operations.

In our opinion, the unaudited condensed consolidated financial statements of the Company as of September 30, 2016 and for the three and nine-month periods ended September 30, 2016 and 2015 include all adjustments and accruals, consisting of normal, recurring accrual adjustments (except otherwise disclosed), which are necessary for a fair presentation of the results for the interim periods. These interim results are not necessarily indicative of results for a full year due, in part, to the seasonality of our sales of agricultural products and the timing of performing our major plant maintenance activities. Our selling seasons for agricultural products are primarily during the spring and fall planting seasons, which typically extend from March through June and from September through November.

Certain information and footnote disclosures normally included in financial statements prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) have been condensed or omitted in this Form 10-Q pursuant to the rules and regulations of the SEC. These condensed consolidated financial statements should be read in connection with our audited consolidated financial statements and notes thereto included in our 2015 Form 10-K and the August Form 8-K.

Use of Estimates - The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Restricted Cash—Restricted cash consists of cash balances that are legally restricted or designated by us for specific purposes.

Concentration of Credit Risks for Cash and Cash Equivalents – Financial instruments relating to cash and cash equivalents potentially subject us to concentrations of credit risk. All of these financial instruments were held by financial institutions within the U.S. and none of these financial instruments were in excess of the federally insured limits.

Note 1: Summary of Significant Accounting Policies (continued)

Income Taxes – For transactions structured as a sale of assets, the deferred taxes associated with those individual assets and liabilities, as well as any deferred taxes associated with the outside basis difference, would continue to be classified with our other deferred tax assets and liabilities rather than in the assets and liabilities held for sale balance sheet line items as such deferred taxes are not transferred with the sale. For transactions structured as a sale of stock, the deferred taxes associated with outside basis differences are classified with our other deferred tax assets and liabilities as such deferred taxes are not transferred with the sale.

Redeemable Preferred Stocks - Our redeemable preferred stocks contain contingent redemption features that are outside of our control and are classified as temporary/mezzanine equity. The redeemable preferred stocks were recorded at fair value upon issuance, net of issuance costs or discounts. In addition, certain embedded features included in the Series E cumulative, redeemable Class C preferred stock (the “Series E Redeemable Preferred”) required bifurcation and are classified as derivative liabilities. The carrying values of the redeemable preferred stocks are being increased by periodic accretions (including the amount for dividends earned but not yet declared or paid) using the interest method so that the carrying amount will equal the redemption value as of August 2, 2019, the earliest possible redemption date by the holder. The amount of accretion was recorded to retained earnings. See discussion concerning the redemption of a portion of the Series E Redeemable Preferred in Note 11 – Securities Financing Including Redeemable Preferred Stocks.

Income (Loss) per Common Share - Net income (loss) attributable to common stockholders is computed by adjusting net income (loss) by the amount of dividends and dividend requirements on preferred stocks and the accretion of redeemable preferred stocks, if applicable. Basic loss per common share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding, excluding contingently returnable common shares (unvested restricted stock), if applicable. For periods we earn net income, a proportional share of net income is allocated to participating securities, if applicable, determined by dividing total weighted average participating securities by the sum of the total weighted average common shares and participating securities (the “two-class method”). Certain securities (Series E Redeemable Preferred and restricted stock units) participate in dividends declared on our common stock and are therefore considered to be participating securities. Participating securities have the effect of diluting both basic and diluted income per common share during periods of net income. For periods we incur a net loss, no loss is allocated to participating securities because they have no contractual obligation to share in our losses. Diluted loss per common share is computed after giving consideration to the dilutive effect of our potential common stock instruments that are outstanding during the period, except where such non-participating securities would be anti-dilutive.

Recently Issued Accounting Pronouncements - In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606), which will supersede nearly all existing revenue recognition guidance under GAAP. This ASU’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. We are evaluating our existing revenue recognition policies to determine whether any contracts in the scope of the guidance will be affected by the new requirements. The effects may include identifying performance obligations in existing arrangements, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In July 2015, the FASB approved a one-year deferral of the effective date of this ASU with the option to early adopt but not before the original effective date. In addition, the FASB has issued various ASUs further amending revenue recognition guidance, which includes ASU 2016-08, 2016-10, 2016-11 and 2016-12. We plan to adopt this ASU on the effective date of January 1, 2018. This ASU allows for either “full retrospective” adoption, meaning the standard is applied to all of the periods presented, or “modified retrospective” adoption, meaning the standard is applied only to the most current period presented in the financial statements. We are currently evaluating the transition method that will be elected.

In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory. The guidance requires an entity to measure inventory at the lower of cost or net realizable value, which is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation, rather than the lower of cost or market in the previous guidance. This amendment applies to inventory that is measured using first-in, first-out (“FIFO”). This ASU is effective for us on January 1, 2017. A reporting entity should apply the amendments in this ASU prospectively with earlier application permitted as of the beginning of an interim or annual reporting period. We currently do not expect a significant impact from adopting this ASU.

Note 1: Summary of Significant Accounting Policies (continued)

In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes (Topic 740), which simplifies the presentation of deferred income taxes by eliminating the need for entities to separate deferred income tax liabilities and assets into current and noncurrent amounts in a classified statement of financial position. We plan to early adopt this ASU on December 31, 2016 and apply the guidance prospectively. We currently do not expect a significant impact from adopting this ASU.

In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), creates Topic 842, Leases, and supersedes the lease requirements in Topic 840, Leases. Topic 842 specifies the accounting for leases. The objective of Topic 842 is to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount, timing, and uncertainty of cash flows arising from a lease. Extensive quantitative and qualitative disclosures, including significant judgments made by management, will be required to provide greater insight into the extent of revenue and expense recognized and expected to be recognized from existing contracts. This ASU is effective for us on January 1, 2019 but early adoption is permitted. This ASU must be adopted using a modified retrospective transition, and provides for certain practical expedients. Transition will require application of the new guidance at the beginning of the earliest comparative period presented. We are currently evaluating the impact of this guidance on our consolidated financial statements and related disclosures.

The FASB issued ASU No. 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share Based Payment Accounting. This ASU includes multiple provisions intended to simplify various aspects of the accounting for share based payments. This ASU is effective for us on January 1, 2017 and adoption will be applied prospectively with any adjustments reflected as of the beginning of the fiscal year. We currently do not expect a significant impact from adopting this ASU.

In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. This ASU makes eight targeted changes to how cash receipts and cash payments are presented and classified in the statement of cash flows. This ASU is effective for us on January 1, 2018 and adoption will be applied on retrospective basis unless it is impracticable to apply, in which case we would be required to apply the ASU prospectively as of the earliest date practicable. We are currently evaluating the impact of our pending adoption of this ASU on our consolidated financial statements and related disclosures.

Note 1: Summary of Significant Accounting Policies (continued)

Correction and Reclassifications

A previously reported correction and certain reclassifications made to our condensed consolidated statement of operations for the three and nine months ended September 30, 2015 are as follows:

	Condensed Consolidated Statement of Operations Three Months Ended September 30, 2015
	As Previously Reported			Adjustments / Reclassifications (1)			Adjustments / Reclassifications (2)			As Adjusted
	(In Thousands)
Net sales	$	157,685		$	5,932		$	(75,050	)	$	88,567
Cost of sales	$	144,406		$	8,031		$	(52,072	)	$	100,365
Gross profit	$	13,279		$	(2,099	)	$	(22,978	)	$	(11,798	)
Selling, general and administrative expense	$	29,382		$	(2,345	)	$	(15,435	)	$	11,602
Provision for losses on accounts receivable	$	(161	)	$	246		$	(85	)	$	—

	Condensed Consolidated Statement of Operations Nine Months Ended September 30, 2015
	As Previously Reported			Adjustments / Reclassifications (1)			Adjustments / Reclassifications (2)			As Adjusted
	(In Thousands)
Net sales	$	534,202		$	20,558		$	(207,090	)	$	347,670
Cost of sales	$	443,682		$	26,440		$	(144,069	)	$	326,053
Gross profit	$	90,520		$	(5,882	)	$	(63,021	)	$	21,617
Selling, general and administrative expense	$	89,598		$	(5,612	)	$	(46,638	)	$	37,348
Provision for losses on accounts receivable	$	352		$	(270	)	$	(82	)	$	—

(1)

Previously Reported Correction and Reclassifications – As discussed in our significant accounting policies note to our audited consolidated financial statements included in our August Form 8-K, in the fourth quarter of 2015, we corrected and reclassified certain shipping and handling costs associated with our Chemical Business. In addition, we reclassified the provision for losses on accounts receivable to selling, general and administrative expenses (“SG&A”). We revised our condensed consolidated statement of operations for the three and nine months ended September 30, 2015 to conform to the current presentation as summarized in the table above.

(2)

Discontinued Operation Reclassifications – As discussed in Note 2 – Discontinued Operations, the Climate Control Business met the criteria to be reported as held for sale during the second quarter of 2016 and we subsequently consummated such sale during the third quarter of 2016. As a result, the activities of the Climate Control Business have been segregated from continuing operations and reported as discontinued operations for all periods presented. In the table above, we included the reclassifications associated with discontinued operations for the line items impacted by item (1) above.

Discontinued Operations

9 Months Ended

Sep. 30, 2016

Discontinued Operations And Disposal Groups [Abstract]

Discontinued Operations

Note 2: Discontinued Operations

As discussed in Note 1, during the second quarter of 2016, we determined that our previously reported Climate Control Business met the criteria to be classified as a discontinued operation as a result of entering into a definitive agreement for the sale of substantially all of the common stock of the Climate Control Group.

On July 1, 2016, LSB completed the sale of the Climate Control Group to NIBE pursuant to the terms of the Stock Purchase Agreement which, among other things, Consolidated sold all of the stock of the Climate Control Group for an aggregate purchase price of approximately $364 million, before the adjustments as set forth in the Stock Purchase Agreement. As a result, we recognized a pre-tax gain on the sale of $281.6 million. Additionally, pursuant to the Stock Purchase Agreement, we paid approximately $2.6 million of the cost of a representation and warranty insurance policy and excess directors’ and officers’ insurance policy and agreed to have a certain portion of the purchase price proceeds deposited in both an indemnity escrow and a working capital adjustment escrow account (collectively, the “Escrow Accounts”). In conjunction with the Climate Control Business sale, we entered into a transition services agreement (“TSA”), pursuant to which, among other things, we agreed to provide certain information technology, payroll, legal, tax and other general services for up to 18 months at an approximate total cost of $2.3 million. At September 30, 2016, our accounts receivable includes approximately $10.1 million relating to the purchase price, of which a total of $4.7 million is being held in the escrow accounts. Additionally, our current and noncurrent accrued and other liabilities include approximately $7.2 million relating primarily to estimated contingent liabilities, costs associated with the TSA and severance agreements associated with the sale of the Climate Control Business.

At December 31, 2015, the carrying amounts of the assets and liabilities of the Climate Control Group are as follows:

	December 31,
	2015
	(In Thousands)
Cash and cash equivalents	$	119
Accounts receivable, net		43,001
Inventories, net		28,780
Other current assets		1,096
Property, plant and equipment, net		26,779
Intangible and other, net		7,002
Total assets classified as held for sale		106,777
Less noncurrent assets classified as held for sale		33,781
Current assets classified as held for sale	$	72,996

Accounts payable		20,003
Current and noncurrent accrued and other liabilities		24,659
Total liabilities classified as held for sale		44,662
Less noncurrent liabilities classified as held for sale		12,136
Current liabilities classified as held for sale	$	32,526

Note 2: Discontinued Operations (continued)

Summarized results of discontinued operations are as follows for:

	September 30,
	Three Months Ended				Nine Months Ended
	2016		2015		2016		2015
	(In Thousands)
Net sales	$	—	$	75,050	$	138,609	$	207,090
Cost of sales		—		52,072		93,178		144,069
Selling, general and administrative expense		—		15,520		32,719		46,720
Transaction costs		—		—		2,535		—
Interest expense		—		5		—		7
Other expense (income), net		—		168		117		417
Income from operations of discontinued operations		—		7,285		10,060		15,877
Gain on sale of discontinued operation		281,590		—		281,590		—
Provision for income taxes		108,549		4,627		95,006		7,516
Income from discontinued operations, including taxes	$	173,041	$	2,658	$	196,644	$	8,361

Summarized condensed cash flow information of discontinued operations is as follows:

	Nine Months Ended
	September 30,
	2016		2015
	(In Thousands)
Deferred income taxes	$	91,497	$	7,427
Depreciation and amortization of property, plant and equipment	$	1,607	$	3,468
Stock-based compensation	$	955	$	443
Expenditures for property, plant and equipment	$	273	$	728
Software and software development costs	$	675	$	1,603

- Definition

The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=64862545&loc=SL51724579-110230

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64862545&loc=d3e2941-110230

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5D
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
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-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

+ Details

Income (Loss) Per Common Share

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Income (Loss) Per Common Share

Note 3: Income (Loss) Per Common Share

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
	(Dollars In Thousands, Except Per Share Amounts)
Numerator:
Net income (loss)	$	133,551		$	(33,763	)	$	133,701		$	(26,697	)
Adjustments for basic net income (loss) per common share:
Dividend requirements on Series E Redeemable Preferred		(7,372	)		—			(22,351	)		—
Dividend and dividend requirements on Series B Preferred		(60	)		—			(180	)		(240	)
Dividend and dividend requirements on Series D Preferred		(15	)		—			(45	)		(60	)
Accretion of Series E Redeemable Preferred		(12,137	)		—			(16,620	)		—
Net income attributable to participating securities		(1,920	)		—			(1,718	)		—
Numerator for basic net income (loss) per common share - net income (loss) attributable to common stockholders		112,047			(33,763	)		92,787			(26,997	)
Dividends on convertible preferred stocks assumed to be converted, if dilutive		—			—			—			—
Numerator for diluted net income (loss) per common share	$	112,047		$	(33,763	)	$	92,787		$	(26,997	)

Denominator:
Denominator for basic net income (loss) per common share - weighted- average shares (1)		27,075,629			22,799,007			24,926,471			22,741,012
Effect of dilutive securities:
Stock options		—			—			—			—
Dilutive potential common shares		—			—			—			—

Denominator for dilutive net income (loss) per common share - adjusted weighted-average shares and assumed conversions		27,075,629			22,799,007			24,926,471			22,741,012

Basic net income (loss) per common share:
Loss from continuing operations	$	(2.25	)	$	(1.60	)	$	(4.17	)	$	(1.56	)
Income from discontinued operations, net of taxes		6.39			0.12			7.89			0.37
Net income (loss)	$	4.14		$	(1.48	)	$	3.72		$	(1.19	)

Diluted net income (loss) per common share:
Loss from continuing operations	$	(2.25	)	$	(1.60	)	$	(4.17	)	$	(1.56	)
Income from discontinued operations, net of taxes		6.39			0.12			7.89			0.37
Net income (loss)	$	4.14		$	(1.48	)	$	3.72		$	(1.19	)

(1)	Excludes the weighted-average shares of unvested restricted stock that are contingently returnable during the three and nine months ended September 30, 2016.

Note 3: Income (Loss) Per Common Share (continued)

The following weighted-average shares of securities were not included in the computation of diluted net income (loss) per common share as their effect would have been antidilutive:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Convertible preferred stocks		916,666		916,666		916,666		916,666
Stock options		313,853		905,257		456,618		897,690
Restricted stock and stock units		921,669		—		914,956		—
Series E Redeemable Preferred - embedded derivative		436,323		—		449,543		—
		2,588,511		1,821,923		2,737,783		1,814,356

Inventories	9 Months Ended
Inventories	Sep. 30, 2016
Inventory Disclosure [Abstract]
Inventories	Note 4: Inventories At September 30, 2016 and December 31, 2015, because costs exceeded the net realizable value, inventory adjustments were $1,541,000 and $2,832,000, respectively.

Current and Noncurrent Accrued and Other Liabilities

9 Months Ended

Sep. 30, 2016

Other Liabilities Disclosure [Abstract]

Current and Noncurrent Accrued and Other Liabilities

Note 5: Current and Noncurrent Accrued and Other Liabilities

	September 30,		December 31,
	2016		2015
	(In Thousands)
Accrued liabilities associated with discontinued operations	$	7,157	$	1,878
Accrued interest		7,105		14,784
Accrued payroll and benefits		5,550		4,521
Accrued death and other executive benefits		4,294		4,604
Series E Redeemable Preferred - embedded derivative		2,605		3,308
Accrued health insurance and worker compensation claims		1,622		1,362
Customer deposits		1,405		2,130
Other		9,868		16,007
		39,606		48,594
Less noncurrent portion		9,356		8,786
Current portion of accrued and other liabilities	$	30,250	$	39,808

Asset Retirement Obligations	9 Months Ended
Asset Retirement Obligations	Sep. 30, 2016
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligations	Note 6: Asset Retirement Obligations Currently, we have various legal requirements related to operations of our facilities, including the disposal of waste water generated at certain of these facilities. Additionally, we have certain facilities that contain asbestos insulation around certain piping and heated surfaces, which we plan to maintain or replace, as needed, with non-asbestos insulation through our standard repair and maintenance activities to prevent deterioration. Currently, there is insufficient information to estimate the fair value for most of our asset retirement obligations (“ARO”). In addition, we currently have no plans to discontinue the use of these facilities, and the remaining life of the facilities is indeterminable. As a result, a liability for only a minimal amount relating to AROs associated with these facilities has been established. However, we will continue to review these obligations and record a liability when a reasonable estimate of the fair value can be made. In addition, we own working interests in certain natural gas properties. We recognized AROs associated with the obligation to plug and abandon wells when the obligation is incurred which is typically when the well is completed. At September 30, 2016 and December 31, 2015, our accrued liability for AROs was $290,000 and $281,000, respectively.

Long-Term Debt

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Long-Term Debt

Note 7: Long-Term Debt

Our revolving credit facility and long-term debt consists of the following:

	September 30,			December 31,
	2016			2015
	(In Thousands)
Working Capital Revolver Loan, with a current interest rate of 4% (A)	$	—		$	—
Senior Secured Notes due 2019 (B)		425,000			425,000
12% Senior Secured Notes due 2019 (B)		50,000			50,000
Secured Promissory Note due 2017, with a current interest rate of 3.84% (C)		8,392			15,856
Secured Promissory Note due 2019, with a current interest rate of 5.73% (D)		9,417			—
Secured Promissory Note due 2021, with a current interest rate of 5.25% (E)		15,000			16,189
Secured Promissory Note due 2023, with a current interest rate of 4.77% (F)		19,140			15,000
Other, with a current weighted-average interest rate of 4.6%, most of which is secured primarily by machinery and equipment		4,799			7,103
Unamortized discount and debt issuance costs		(12,163	)		(8,726	)
		519,585			520,422
Less current portion of long-term debt, net		110,495			22,468
Long-term debt due after one year, net	$	409,090		$	497,954

(A) Our revolving credit facility (the “Working Capital Revolver Loan”), which matures on April 13, 2018, provides advances up to $100 million, based on specific percentages of eligible accounts receivable and inventories and up to $15 million of letters of credit, the outstanding amount of which reduces the available for borrowing under the Working Capital Revolver Loan. At September 30, 2016, our available borrowings under our Working Capital Revolver Loan were approximately $22.6 million, based on our eligible collateral, less outstanding letters of credit.

(B) In September 2016, we completed the consent solicitation initiated in August 2016 (the “Consent Solicitation”) to effect certain amendments (the “Amendments”) to the Indenture, dated as of August 7, 2013 (the “Original 7.75% Indenture”), pursuant to which we issued the $425 million 7.75% Senior Secured Notes due 2019 (the “Senior Secured Notes”). In connection with the Consent Solicitation, we entered into the First Supplemental Indenture, dated as of September 7, 2016 (the “Supplemental Indenture”) to the Original 7.75% Indenture. Among other things, the Amendments contained in the Supplemental Indenture allowed us to redeem a portion of the Series E Redeemable Preferred as discussed in Note 11 and allows us to:

•

redeem all outstanding $50 million in aggregate principal amount of our 12% Senior Secured Notes due 2019 (the “12% Senior Secured Notes”), at a redemption price of 106% (original redemption price) of the principal amount thereof plus accrued and unpaid interest to the redemption date (the “12% Notes Redemption”), with the net proceeds of the sale of the Climate Control Business and

•

redeem $50 million in aggregate principal amount of the Senior Secured Notes, at a redemption price of 103.875% (original redemption price) of the principal amount thereof plus accrued and unpaid interest to the redemption date, with the net proceeds of the sale of the Climate Control Business (the “7.75% Notes Redemption”).

Note 7: Long-Term Debt (continued)

In addition, we agreed to prohibitions on our ability to incur future pari passu indebtedness in excess of $25 million (decreased from $50 million) in aggregate principal amount at any time outstanding using the “general debt” basket and the “general liens” basket under the Supplemental Indenture. Pursuant to the Supplemental Indenture, the interest rate applicable to all Senior Secured Notes outstanding ($375 million) after the consummation of the 7.75% Notes Redemption, with retroactive effect to August 1, 2016, will automatically be increased to 8.5% per annum. As a result of the interest rate increase, we recognized an additional $0.5 million of interest expense in the third quarter of 2016. At September 30, 2016, our current portion of long-term debt includes approximately $96.2 million (net of unamortized discount and debt issuance costs) related to 7.75% and 12% Notes Redemptions discussed in Note 14 – Subsequent Event, since we anticipated repaying a portion of our long-term debt within the next 12 months.

For financial reporting purposes, the above transaction is a non-substantial debt modification. As a result, the consent fee of approximately $5.4 million (equal to $13.25 per $1,000 principal amount of Senior Secured Notes for which a consent had been validly delivered) paid to the holders of the Senior Secured Notes was deferred and included in debt issuance costs and is being amortized over the remaining term of the Senior Secured Notes. In addition, we incurred other fees of approximately $1.4 million for services performed by third parties, which fees were expensed and included in interest expense in the third quarter of 2016.

(C) On April 1, 2016, Zena Energy L.L.C., one of our subsidiaries, entered into the second amended and restated note (the “Amended Note”) with its original lender. Principal and interest are payable in 20 monthly installments with the first installment made on May 1^st. Interest is based on the LIBOR rate plus 300 basis points and the terms of which were not changed by this amendment. The Amended Note matures on December 1, 2017. The Amended Note continues to be secured by certain working interests and related properties and proceeds.

(D) On February 5, 2016, El Dorado Chemical Company (“EDC”), one of our subsidiaries, entered into a secured promissory note (the “Secured Promissory Note due 2019”) for an original principal amount of $10 million that matures on June 29, 2019. Principal and interest are payable in 40 equal monthly installments with a final balloon payment of approximately $6.7 million. The Secured Promissory Note due 2019 is secured by the cogeneration facility equipment and is guaranteed by LSB.

(E) EDC’s Secured Promissory Note due 2021 matures on March 26, 2021. This note required interest only monthly payments for the first 12 months of the term (through April 2016) and then principal and interest monthly payments through the remaining term. This note is secured by a natural gas pipeline constructed at the El Dorado Facility and is guaranteed by LSB.

(F) On September 16, 2015, El Dorado Ammonia L.L.C. (“EDA”), one of our subsidiaries, entered into a secured promissory note (the “Secured Promissory Note due 2023”) for the construction financing of an ammonia storage tank and related systems with an initial funding received of $15 million and a maximum principal note amount of $19.8 million. On May 13, 2016 (the “Loan Conversion Date”), the remainder of the funding of $4.8 million was drawn and the outstanding principal balance of $19.8 million was converted to a seven year secured term loan requiring 83 equal monthly principal and interest payments with a final balloon payment of approximately $6.1 million. This Note bears interest at a rate that is based on the monthly LIBOR rate plus 4.25% and matures in May 2023. The Secured Promissory Note is secured by the ammonia storage tank and related systems and is guaranteed by LSB.

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2016
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 8: Commitments and Contingencies UAN supply agreement – On March 3, 2016, our subsidiary, Pryor Chemical Company (“PCC”) entered into a UAN Purchase and Sale Agreement with Coffeyville Resources Nitrogen Fertilizers, LLC (“CVR”), which became effective June 1, 2016 (the “CVR Purchase Agreement”). Under the CVR Purchase Agreement, CVR has the exclusive right (but not the obligation) to purchase all the tons of UAN that are produced by PCC in excess of the needs of PCC or its affiliates, which shall be no more than 30,000 tons per year and no more than 10,000 tons in any calendar quarter. If CVR fails to take delivery of certain tons of UAN produced at the PCC and such failure causes PCC’s storage capacity to be more than 75% utilized or the production unit at the PCC to be slowed down, shut-down or idled, PCC may immediately sell such unpurchased product to a third-party without restriction. The initial term of the CVR Purchase Agreement is for three years and automatically continues for one or more additional one-year terms unless terminated by either party by delivering a notice of termination at least twelve months prior to the end of term in effect. However, CVR may unilaterally terminate the CVR Purchase Agreement upon 180 days’ advance written notice of termination to PCC; provided, however, that each party’s rights and obligations pertaining to UAN that CVR committed to purchase before such advance notice will survive termination. Additionally, PCC can terminate the CVR Purchase Agreement upon 90 days’ advance written notice of termination to CVR; provided, however, that each party’s rights and obligations pertaining to UAN that PCC committed to sell prior to such advance notice will survive termination. Natural Gas Purchase Commitments – See Note 9 – Derivatives, Hedges, Financial Instruments and Carbon Credits for discussion of our commitments relating to derivative contracts and carbon credits (accounted for on a mark-to-market basis). At September 30, 2016, our natural gas contracts, which are exempt from mark-to-market accounting, included the firm purchase commitments of approximately 11.2 million MMBtu of natural gas. These contracts extend through June 2018 at a weighted-average cost of $3.22 per MMBtu ($36.2 million) and a weighted-average market value of $2.92 per MMBtu ($32.8 million). Legal Matters - Following is a summary of certain legal matters involving the Company: A. Environmental Matters Our facilities and operations are subject to numerous federal, state and local environmental laws and to other laws regarding health and safety matters (collectively, the “Environmental and Health Laws”). In particular, the manufacture, production and distribution of products activities that entail environmental and public health risks and impose obligations under the Environmental and Health Laws, many of which provide for certain performance obligations, substantial fines and criminal sanctions for violations. There can be no assurance that we will not incur material costs or liabilities in complying with such laws or in paying fines or penalties for violation of such laws. The Environmental and Health Laws and related enforcement policies have in the past resulted, and could in the future result, in significant compliance expenses, cleanup costs (for our sites or third-party sites where our wastes were disposed of), penalties or other liabilities relating to the handling, manufacture, use, emission, discharge or disposal of hazardous or toxic materials at or from our facilities or the use or disposal of certain of its chemical products. Further, a number of our facilities are dependent on environmental permits to operate, the loss or modification of which could have a material adverse effect on their operations and our financial condition. Historically, significant capital expenditures have been incurred by our subsidiaries in order to comply with the Environmental and Health Laws, and significant capital expenditures are expected to be incurred in the future. We will also be obligated to manage certain discharge water outlets and monitor groundwater contaminants at our facilities should we discontinue the operations of a facility. We do not operate the natural gas wells where we own a working interest and compliance with Environmental and Health Laws is controlled by others. We are responsible for our working interest proportionate share of the costs involved. As of September 30, 2016, our accrued liabilities for environmental matters totaled $231,000 relating primarily to the matters discussed below. It is reasonably possible that a change in the estimate of our liability could occur in the near term. Please see the discussion in Note 6 – Asset Retirement Obligations. Note 8: Commitments and Contingencies (continued) 1. Discharge Water Matters Each of our manufacturing facilities generates process wastewater, which may include cooling tower and boiler water quality control streams, contact storm water and miscellaneous spills and leaks from process equipment. The process water discharge, storm-water runoff and miscellaneous spills and leaks are governed by various permits generally issued by the respective state environmental agencies as authorized and overseen by the U.S. Environmental Protection Agency (the “EPA”). These permits limit the type and amount of effluents that can be discharged and control the method of such discharge. Our facility located in Pryor, Oklahoma (the “Pryor Facility”) is authorized by permit to inject wastewater into an on-site underground injection well through 2018. The Oklahoma Department of Environmental Quality (“ODEQ”) has indicated that the permit may not be renewed following its expiration, and PCC may have to find an alternative means of waste water disposal after the permit expires. PCC has engaged in ongoing discussions both internally and with the ODEQ regarding future disposal of this wastewater stream. Our El Dorado Facility is subject to a National Pollutant Discharge Elimination System (“NPDES”) permit issued by the Arkansas Department of Environmental Quality (“ADEQ”) in 2004. In 2010, the ADEQ issued a draft NPDES permit renewal for the El Dorado Facility, which contains more restrictive discharge limits than the previous 2004 permit. These more restrictive limits could impose additional costs on the El Dorado Facility, and may require the facility to make operational changes in order to meet these more restrictive limits. From time to time, the El Dorado Facility has had difficulty meeting the more restrictive dissolved minerals NPDES permit levels, primarily related to storm-water runoff and EDC is currently working with ADEQ to resolve this issue through a new permit, which is currently in progress. EDC believes that the El Dorado Facility has generally demonstrated its ability to comply with applicable ammonia and nitrate permit levels, but has, from time to time, had difficulty meeting the more restrictive dissolved minerals permit levels, primarily related to storm-water runoff. We do not believe this matter regarding meeting the permit requirements as to the dissolved minerals is a continuing issue for the process wastewater as the result of the El Dorado Facility disposing its wastewater (beginning in September 2013) via a pipeline constructed by the City of El Dorado, Arkansas. We believe that the issue with the storm-water runoff should be resolved if and when the ADEQ issues a new NPDES discharge water permit, which we have been advised that the ADEQ is currently processing. During 2012, EDC paid a penalty of $100,000 to settle an administrative complaint issued by the EPA, and thereafter handled by the U.S. Department of Justice (“DOJ”), relating to certain alleged violations of EDC’s 2004 NPDES permit from 2004 through 2010. At the time of settlement, the DOJ advised that an additional action may be brought for alleged permit violations occurring after 2010. As of the date of this report, no action has been filed by the DOJ against EDC. As a result, the cost (or range of costs) cannot currently be reasonably estimated regarding this matter. Therefore, no liability has been established for potential future penalties as of September 30, 2016. 2. Air Matters PCC has been advised by the ODEQ that the agency is conducting an investigation into whether the Pryor Facility is in compliance with certain ODEQ air quality rules and regulations and whether PCC’s reports of certain air emissions, primarily in 2011, were intentionally misreported to the ODEQ. PCC is cooperating with the ODEQ in connection with this ongoing investigation. As of September 30, 2016, we are not aware of any recommendations made or to be made by the ODEQ with respect to legal action to be taken or recommended as a result of this ongoing investigation. 3. Other Environmental Matters In November 2006, EDC entered into a Consent Administrative Order (“CAO”) with the ADEQ to address nitrates in shallow groundwater. The CAO requires EDC to perform semi-annual groundwater monitoring, continue operation of a groundwater recovery system, submit a human health and ecological risk assessment, and submit a remedial action plan. EDC’s risk assessment and the remedial action plan, initially submitted to the ADEQ in 2007, recommended monitored natural attenuation. The ADEQ’s review of the EDC proposed remedy is ongoing. Under the CAO, the ADEQ may require additional wells be added to the program or may allow EDC to remove wells from the program. At this time, the duration and cost (or range of costs) of the ground water monitoring program or the necessity for any additional remediation cannot be reasonably estimated. Note 8: Commitments and Contingencies (continued) During 2014, the Cherokee Facility received Notice of Violation (“NOV”) from the EPA as a result of a 2013 risk management inspection at the facility. The NOV listed eleven alleged violations. We reached a settlement of the NOV in March 2016 whereby we agreed to pay a penalty in the form of providing approximately $100,000 to purchase emergency response equipment for local first responders plus a civil penalty to the EPA of approximately $26,000, which both penalties have been paid. In 2002, two of our subsidiaries sold substantially all of their operating assets relating to a Kansas chemical facility (the “Hallowell Facility”) but retained ownership of the real property where the facility is located. Even though we continued to own the real property, we did not assess our continuing involvement with our former Hallowell Facility to be significant and therefore accounted for the sale as discontinued operations. Our subsidiary retained the obligation to be responsible for, and perform the activities under, a previously executed consent order to investigate the surface and subsurface contamination at the real property and develop a corrective action strategy based on the investigation. In addition, certain of our subsidiaries agreed to indemnify the buyer of such assets for these environmental matters. Based on the assessment discussed above, we account for transactions associated with the Hallowell Facility as discontinued operations. As the successor to a prior owner of the Hallowell Facility, Chevron Environmental Management Company (“Chevron”) has agreed in writing, within certain limitations, to pay and has been paying one-half of the costs of the investigation and interim measures relating to this matter as approved by the Kansas Department of Health and Environment (the “KDHE”), subject to reallocation. Our subsidiary and Chevron have retained an environmental consultant to prepare and perform a corrective action study work plan as to the appropriate method to remediate the Hallowell Facility. The proposed strategy includes long-term surface and groundwater monitoring to track the natural decline in contamination. The KDHE is currently evaluating the corrective action strategy, and, thus, it is unknown what additional work the KDHE may require, if any, at this time. We are advised by our consultant that until the study is completed there is not sufficient information to develop a meaningful and reliable estimate (or range of estimate) as to the cost of the remediation. We accrued our allocable portion of costs primarily for the additional testing, monitoring and risk assessments that could be reasonably estimated, which is included in our accrued liabilities for environmental matters discussed above. The estimated amount is not discounted to its present value. As more information becomes available, our estimated accrual will be refined. B. Other Pending, Threatened or Settled Litigation In April 2013, an explosion and fire occurred at the West Fertilizer Co. (“West Fertilizer”) located in West, Texas, causing death, bodily injury and substantial property damage. West Fertilizer is not owned or controlled by us, but West Fertilizer was a customer of EDC, and purchased AN from EDC from time to time. LSB and EDC received letters from counsel purporting to represent subrogated insurance carriers, personal injury claimants and persons who suffered property damages informing LSB and EDC that their clients are conducting investigations into the cause of the explosion and fire to determine, among other things, whether AN manufactured by EDC and supplied to West Fertilizer was stored at West Fertilizer at the time of the explosion and, if so, whether such AN may have been one of the contributing factors of the explosion. Initial lawsuits filed named West Fertilizer and another supplier of AN as defendants. In 2014, EDC and LSB were named as defendants, together with other AN manufacturers and brokers that arranged the transport and delivery of AN to West Fertilizer, in the case styled City of West, Texas vs. CF Industries, Inc., et al., in the District Court of McLennan County, Texas. The plaintiffs allege, among other things, that LSB and EDC were negligent in the production and marketing of fertilizer products sold to West Fertilizer, resulting in death, personal injury and property damage. EDC retained a firm specializing in cause and origin investigations with particular experience with fertilizer facilities, to assist EDC in its own investigation. LSB and EDC placed its liability insurance carrier on notice, and the carrier is handling the defense for LSB and EDC concerning this matter. Our product liability insurance policies have aggregate limits of general liability totaling $100 million, with a self-insured retention of $250,000. In August 2015, the trial court dismissed plaintiff’s negligence claims against us and EDC based on a duty to inspect, but allowed the plaintiffs to proceed on claims for design defect and failure to warn. Subsequently, we and EDC have entered into a confidential settlement agreement with several plaintiffs that had claimed wrongful death and bodily injury. A portion of these settlements were paid by the insurer during 2015 and in the first half of 2016. While these settlements resolve the claims of what we believe were the highest risk cases in this matter for us, we continue to be party to litigation related to this explosion by other plaintiffs, in addition to indemnification or defense obligations we may have to other defendants. We intend to continue to defend these lawsuits vigorously and we are unable to estimate a possible range of loss at this time if there is an adverse outcome in this matter as to EDC. As of September 30, 2016, no liability reserve has been established in connection with this matter but we have incurred professional fees up to our self-insured retention amount. Note 8: Commitments and Contingencies (continued) In May 2015, our subsidiary, EDC, was sued in the matter styled BAE Systems Ordinance Systems, Inc. (“BAE”), et al. vs. El Dorado Chemical Company, in the United States District Court, Western District of Arkansas, for an alleged breach of a supply agreement to provide BAE certain products. It is EDC’s position, among other things, that its inability to deliver to BAE was due to a force majeure event caused by a fire and explosion at EDC’s nitric acid plant, and that a force majeure clause in the supply agreement therefore excuses EDC’s performance under the supply agreement. BAE’s pre-litigation demand indicated a claim of approximately $18 million. EDC intends to vigorously defend this matter. The cost (or range of costs), if any, EDC would incur relating to this matter cannot currently be reasonably estimated. Therefore, no liability has been established at September 30, 2016. In September 2015, a case styled Dennis Wilson vs. LSB Industries, Inc., et al., was filed in the United States District Court for the Southern District of New York. The plaintiff purports to represent a class of our shareholders and asserts that we violated federal securities laws by allegedly making material misstatements and omissions about delays and cost overruns at our El Dorado Chemical Company manufacturing facility and about our financial well-being and prospects. The lawsuit, which also names certain current and former officers, seeks an unspecified amount of damages. Given the uncertainty of litigation, the preliminary stage of the case, and the legal standards that must be met for, among other things, class certification and success on the merits, we cannot estimate the reasonably possible loss or range of loss that may result from this action. In September 2015, we and El Dorado Ammonia L.L.C. (“EDA”) received formal written notice from Global Industrial, Inc. (“Global”) of Global’s intention to assert mechanic liens for labor, service, or materials furnished under certain subcontract agreements for the improvement of the new ammonia plant at our El Dorado Facility. Global is a subcontractor of Leidos Constructors, LLC (“Leidos”), the general contractor for EDA for the construction for the ammonia plant. Leidos terminated the services of Global with respect to their work performed at our El Dorado Facility in July 2015 and Global claims it is entitled to payment for certain work prior to its termination in the sum of approximately $18 million. Leidos reports that it made an estimated $6 million payment to Global on or about September 11, 2015, and EDA paid Leidos approximately $3.5 million relating to work performed by subcontractors of Global. Leidos has not approved certain payments to Global pending the result of on-going audits and investigation undertaken to quantify the financial impact of Global’s work. EDA intends to monitor the Leidos audit, and conduct its own investigation, in an effort to determine whether any additional payment should be released to Global for any work not in dispute. LSB and EDA intend to pursue recovery of any damage or loss caused by Global’s work performed at our El Dorado Facility. In January 2016, El Dorado, Leidos and Global reached an agreement whereby the approximately $3.6 million claims of Leidos’ remaining unpaid subcontracts, vendors and suppliers will be paid (and these suppliers and subcontractors will in turn issue releases of their respective claims and liens). In addition, Global will reduce the value of its claim as against Leidos, and its lien amount as against the project by a like amount. After all such lower tier supplier and subcontractors are satisfied, the Global claim and lien amount will be reduced to approximately $5 million. In March 2016, EDC and we were served a summons in a case styled Global Industrial, Inc. d/b/a Global Turnaround vs. Leidos Constructors, LLC et al., where in Global seeks damages under breach of contract and other claims. We have requested indemnifications from Leidos under the terms of our contracts and we intend to vigorously defend against the allegation made by Global. No liability has been established in connection with the remaining $5 million claim. In addition, LSB and EDA intend to pursue recovery of any damage or loss caused by Global’s work performed at our El Dorado Facility. We are also involved in various other claims and legal actions. It is possible that the actual future development of claims could be different from our estimates but, after consultation with legal counsel, we believe that changes in our estimates will not have a material effect on our business, financial condition, results of operations or cash flows.

Derivatives, Hedges, Financial Instruments and Carbon Credits

9 Months Ended

Sep. 30, 2016

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivatives, Hedges, Financial Instruments and Carbon Credits

Note 9: Derivatives, Hedges, Financial Instruments and Carbon Credits

Periodically, we have three classes of contracts that are accounted for on a fair value basis, which are commodities futures/forward contracts (“commodities contracts”) foreign exchange contracts and interest rate contracts as discussed below. All of these contracts are used as economic hedges for risk management purposes but are not designated as hedging instruments. In addition, as discussed below, we are issued climate reserve tonnes (“carbon credits”), of which a certain portion of the carbon credits are to be sold and the proceeds given to Covestro. The assets for carbon credits are accounted for on a fair value basis as discussed below. Also, the contractual obligations to give the related proceeds to Covestro are accounted for on a fair value basis (as discussed below) unless we enter into a firm sales commitment to sell the carbon credits. In addition, certain embedded features (“embedded derivative”) relating to the redemption of the Series E Redeemable Preferred required bifurcation and are being accounted for as derivative instruments and recorded as a liability. The valuations of these assets and liabilities were determined based on quoted market prices or, in instances where market quotes are not available, other valuation techniques or models are used to estimate fair values.

The valuations of contracts classified as Level 1 are based on quoted prices in active markets for identical contracts. The valuations of contracts classified as Level 2 are based on quoted prices for similar contracts and valuation inputs other than quoted prices that are observable for these contracts. At September 30, 2016, the valuations of contracts classified as Level 2 related to certain futures/forward natural gas contracts and a foreign exchange contract. For the natural gas contracts, these contracts are valued using the prices pursuant to the terms of the contracts and using market information for futures/forward natural gas prices. At September 30, 2016, the valuation inputs included the contractual weighted-average cost of $3.01 per MMBtu and the estimated weighted-average market value of $3.02 per MMBtu.

For foreign exchange contracts, these contracts are valued using the foreign currency exchange rates pursuant to the terms of the contract and using market information for foreign currency exchange rates. At September 30, 2016, the valuation inputs included the total contractual exchange rate of 1.12 and the total estimated market exchange rate of 1.13 (U.S. Dollar/Euro). No valuation input adjustments were considered necessary relating to nonperformance risk for the contracts as discussed above.

The valuations of assets and liabilities classified as Level 3 are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. At September 30, 2016, we did not have any carbon credits or related contractual obligations associated with carbon credits. At December 31, 2015, the valuation ($2.35 per carbon credit) of the carbon credits and the contractual obligations associated with these carbon credits are classified as Level 3. The valuations are using undiscounted cash flows based on management’s assumption that the carbon credits would be sold and the associated contractual obligations would be extinguished in the near term. At September 30, 2016, the valuation of the embedded derivative is classified as Level 3. This derivative is valued using market information, management’s redemption assumptions, the underlying number of shares as defined in the terms of the Series E Redeemable Preferred, and the market price of our common stock. In addition, no valuation input adjustments were considered necessary relating to nonperformance risk for the instruments discussed above.

Commodities Contracts

Raw materials for use in our manufacturing processes include natural gas. As part of our raw material price risk management, we periodically enter into futures/forward contracts for these materials, which contracts may be required to be accounted for on a mark-to-market basis. At September 30, 2016, our futures/forward natural gas contracts subject to mark-to-market accounting were minimal. At December 31, 2015, our futures/forward natural gas contracts included 1,820,000 MMBtu of natural gas, extend through December 2016 (includes contractual costs indexed to future NYMEX prices) at a weighted-average cost of $2.35 per MMBtu. The cash flows relating to these contracts are included in cash flows from continuing operating activities.

Foreign Exchange Contracts

One of our subsidiaries purchases industrial machinery and related components from vendors outside of the United States. As part of our foreign currency risk management, we periodically enter into foreign exchange contracts, which set the U.S. Dollar/Euro exchange rates. At September 30, 2016 and December 31, 2015, our foreign exchange contract was for the receipt of approximately 66,000 Euros and 280,000 Euros, respectively, through February 2017 at the contractual exchange rate of 1.12 (U.S. Dollar/Euro). These contracts are free-standing derivatives and are accounted for on a mark-to-market basis. The cash flows relating to these contracts are included in cash flows from continuing operating activities.

Note 9: Derivatives, Hedges, Financial Instruments and Carbon Credits (continued)

Interest Rate Contracts

In February 2011, we entered into an interest rate swap at no cost, which set a fixed three-month LIBOR rate of 3.23% on a declining balance (from $23.8 million to $18.8 million) for the period beginning in April 2012 and ended on March 31, 2016. This contract was a free-standing derivative and was accounted for on a mark-to-market basis. During the nine months ended September 30, 2016 and 2015, no cash flows occurred relating to the purchase or sale of interest rate contracts. The cash flows associated with the interest rate swap payments are included in cash flows from continuing operating activities.

Carbon Credits and Associated Contractual Obligation

Periodically, we are issued carbon credits by the Climate Action Reserve in relation to a greenhouse gas reduction project (“Project”) performed at the Baytown Facility. Pursuant to the terms of our agreement with Covestro, a certain portion of the carbon credits are to be used to recover the costs of the Project, and any balance thereafter to be allocated between Covestro and EDN. We have no obligation to reimburse Covestro for their costs associated with the Project, except through the transfer or sale of the carbon credits when such credits are issued to us. The assets for carbon credits are accounted for on a fair value basis and the contractual obligations associated with these carbon credits are also accounted for on a fair value basis (unless we enter into a sales commitment to sell the carbon credits). At December 31, 2015, we had approximately 495,000 carbon credits (none at September 30, 2016), all of which were subject to contractual obligations. The cash flows associated with the carbon credits and the associated contractual obligations are included in cash flows from continuing investing activities.

Embedded Derivative

The embedded derivatives relating to the redemption of the Series E Redeemable Preferred, which includes certain contingent redemption features and the participation rights value as discussed in Note 11, has been bifurcated from the Series E Redeemable Preferred and recorded as a liability. As the result of the Amendments in connection with the Consent Solicitation relating to the Senior Secured Notes as discussed in Note 7, including the redemption of the portion of Series E Redeemable Preferred discussed in Notes 7 and 11, we estimate that the contingent redemption feature has no fair value at September 30, 2016 based on low probability that the remaining shares of Series E Redeemable Preferred would be redeemed prior to August 2, 2019. At September 30, 2016 and December 31, 2015, the fair value of the participation rights was based on the equivalent of 303,646 and 456,225 shares, respectively of our common stock at $8.58 and $7.25 per share, respectively.

Note 9: Derivatives, Hedges, Financial Instruments and Carbon Credits (continued)

The following details our assets and liabilities that are measured at fair value on a recurring basis at September 30, 2016 and December 31, 2015:

				Fair Value Measurements at September 30, 2016 Using
Description	Total Fair Value at September 30, 2016			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)			Total Fair Value at December 31, 2015
	(In Thousands)
Assets - Supplies, prepaid items and other:
Commodities contracts (1)	$	2		$	—	$	2		$	—		$	195
Carbon credits		—			—		—			—			1,154
Foreign exchange contracts		1			—		1			—			—
Total	$	3		$	—	$	3		$	—		$	1,349
Liabilities - Current and noncurrent accrued and other liabilities:
Commodities contracts (1)	$	(2	)	$	—	$	(2	)	$	—		$	(202	)
Contractual obligations - carbon credits		—			—		—			—			(1,154	)
Embedded derivative		(2,605	)		—		—			(2,605	)		(3,308	)
Interest rate contracts		—			—		—			—			(126	)
Foreign exchange contracts		—			—		—			—			(6	)
Total	$	(2,607	)	$	—	$	(2	)	$	(2,605	)	$	(4,796	)

(1)

At September 30, 2016 and December 31, 2015, $2,000 and $195,000, respectively, are subject to an agreement that allows net settlement of contracts related to natural gas commitments; however, we have chosen to present the fair values of our commodities contracts under master netting agreements using a gross fair value presentation.

Note 9: Derivatives, Hedges, Financial Instruments and Carbon Credits (continued)

None of our assets or liabilities measured at fair value on a recurring basis transferred between Level 1 and Level 2 classifications for the periods presented below. As discussed above under “Embedded Derivative”, as the result of entering into the Stock Purchase Agreement relating to the subsequent sale of the Climate Control Business, the valuation of the embedded derivative transferred from Level 2 to Level 3 as the result of the changes in probability relating to contingent redemption features requiring the use of significant unobservable inputs. The classification transfer of this derivative was deemed to occur at the beginning of the second quarter of 2016. In addition, the following is a reconciliation of the beginning and ending balances for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

	Assets						Liabilities						Assets						Liabilities
	Three Months Ended						Three Months Ended						Nine Months Ended						Nine Months Ended
	September 30,						September 30,						September 30,						September 30,
	2016			2015			2016			2015			2016			2015			2016			2015
	(In Thousands)
Beginning balance	$	6		$	4,049		$	(1,871	)	$	(4,049	)	$	1,154		$	2,779		$	(1,154	)	$	(2,779	)
Transfers into Level 3		—			—			—			—			—			—			(5,817	)		—
Transfers out of Level 3		—			—			—			—			—			—			—			—

Total realized and unrealized gains (losses) included in operating results		1,196			—			(3,395	)		904			1,256			1,334			754			(430	)
Purchases		—			—			—			—			—			—			—			—
Issuances		—			—			—			—			—			—			—			—
Sales		(1,202	)		(3,862	)		—			—			(2,410	)		(3,926	)		—			—
Settlements		—			—			2,661			2,958			—			—			3,612			3,022
Ending balance	$	—		$	187		$	(2,605	)	$	(187	)	$	—		$	187		$	(2,605	)	$	(187	)

Total gains (losses) for the period included in operating results attributed to the change in unrealized gains or losses on assets and liabilities still held at the reporting date	$	—		$	—		$	(2,199	)	$	—		$	—		$	177			(816	)	$	(177	)

Net gains (losses) included in continuing operating results and the statement of operations classifications are as follows:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
	(In Thousands)
Total net gains (losses) included in operating results:
Cost of sales - Undesignated commodities contracts (1)	$	18		$	(1,014	)	$	81		$	(2,657	)
Cost of sales - Undesignated foreign exchange contracts		1			2			7			(62	)
Other income - Carbon credits		1,196			904			1,513			2,645
Other expense - Contractual obligations relating to carbon credits		(922	)		—			(982	)		(1,741	)
Non-operating other expense - embedded derivative		(2,474	)		—			(1,031	)		—
Interest expense - Undesignated interest rate contracts		—			(10	)		—			(55	)
Total net losses included in operating results	$	(2,181	)	$	(118	)	$	(412	)	$	(1,870	)

(1)	Net losses of $512,000 and $917,000 have been reclassified to discontinued operations for the three and nine months ended September 30, 2015. See Note 2-Discontinued Operations.

Note 9: Derivatives, Hedges, Financial Instruments and Carbon Credits (continued)

We did not have any financial instruments with fair values significantly different from their carrying amounts, except for the Senior Secured Notes at December 31, 2015, as shown below.

	September 30, 2016				December 31, 2015
	Carrying		Estimated		Carrying		Estimated
	Amount		Fair Value		Amount		Fair Value
	(In Millions)
Senior Secured Notes (1)	$	425	$	430	$	425	$	355

(1)	Based on a quoted price of 101.13 at September 30, 2016 and 83.65 at December 31, 2015.

The Senior Secured Notes valuation is classified as Level 2. In addition, the valuation of the 12% Senior Secured Notes is also classified as Level 2. The valuations of our other long-term debt agreements are classified as Level 3 and are based on valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. The fair value measurements of our other long-term debt agreements are valued using a discounted cash flow model that calculates the present value of future cash flows pursuant to the terms of the debt agreements and applies estimated current market interest rates. The estimated current market interest rates are based primarily on interest rates currently being offered on borrowings of similar amounts and terms. In addition, no valuation input adjustments were considered necessary relating to nonperformance risk for our debt agreements. The fair value of financial instruments is not indicative of the overall fair value of our assets and liabilities since financial instruments do not include all assets, including intangibles, and all liabilities.

Also see discussions concerning certain assets and liabilities initially accounted for on a fair value basis under Note 6 - Asset Retirement Obligations.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

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+ Details

Income Taxes

9 Months Ended

Sep. 30, 2016

Income Tax Disclosure [Abstract]

Income Taxes

Note 10: Income Taxes

Benefit for income taxes from continuing operations are as follows:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
	(In Thousands)
Current:
Federal	$	(1	)	$	(5,059	)	$	(1	)	$	(5,040	)
State		270			1,484			382			213
Total Current	$	269		$	(3,575	)	$	381		$	(4,827	)

Deferred:
Federal	$	(19,849	)	$	(20,592	)	$	(28,680	)	$	(18,346	)
State		(2,646	)		(2,465	)		(2,448	)		(2,208	)
Total Deferred	$	(22,495	)	$	(23,057	)	$	(31,128	)	$	(20,554	)
Benefit for income taxes	$	(22,226	)	$	(26,632	)	$	(30,747	)	$	(25,381	)

For the three and nine months ended September 30, 2016 and 2015, the current benefit for federal income taxes from continuing operations shown above includes regular federal income tax provision after the consideration of permanent and temporary differences between income for GAAP and tax purposes. For the three and nine months ended September 30, 2016 and 2015, the current provision for state income taxes from continuing operations shown above includes regular state income tax and provisions for uncertain state income tax positions.

Note 10: Income Taxes (continued)

We reduce our deferred tax assets by a valuation allowance if, based upon the weight of available evidence, it is more-likely-than-not that we will not realize some portion or all of the deferred tax assets. We consider relevant evidence, both positive and negative, to determine the need for a valuation allowance. Information evaluated includes our financial position and results of operations for the current and preceding years, the availability of deferred tax liabilities and tax carrybacks, as well as an evaluation of currently available information about future years. We determined it was more-likely-than-not that a portion of the state NOL carryforwards would not be able to be utilized before expiration, and a valuation allowance of approximately $9 million was established for the deferred tax assets associated with these state NOL carryforwards.

We will continue to evaluate both the positive and negative evidence on a quarterly basis in determining the need for a valuation allowance with respect to our deferred tax assets. Changes in positive and negative evidence, including differences between estimated and actual results, could result in changes in the valuation of our deferred tax assets that could have a material impact on our consolidated financial statements. Changes in existing tax laws could also affect actual tax results and the realization of deferred tax assets over time.

The tax benefit for the nine months ended September 30, 2016 from continuing operations was $30.7 million (33% of pre-tax loss) and the tax benefit for the nine months ended September 30, 2015 from continuing operations was $25.4 million (42% of pre-tax loss). Our annual estimated effective rate for 2016 includes the impact of permanent tax differences, such as a loss on embedded derivatives, valuation allowances, and other permanent items. Our estimated effective tax rate from continuing operations for 2015 was impacted by relatively minor changes in ordinary income that had a significant effect on the rate.

LSB and certain of its subsidiaries file income tax returns in the U.S. federal jurisdiction and various state jurisdictions. With few exceptions, the 2013-2015 years remain open for all purposes of examination by the U.S. Internal Revenue Service and other major tax jurisdictions.

Securities Financing Including Redeemable Preferred Stocks

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Securities Financing Including Redeemable Preferred Stocks

Note 11. Securities Financing Including Redeemable Preferred Stocks

Series E Redeemable Preferred

On September 19, 2016, we redeemed 70,232 shares of the Series E Redeemable Preferred (the “Series E Redemption”) for approximately $80 million, which includes $78.3 million for the liquidation preference of $1,000 per share, plus accumulated dividends (the “Liquidation Preference”) as shown in the table below and $1.7 million for the participation rights value associated with the Series E Redemption. The Series E Redemption was funded from a portion of the proceeds from the sale of our Climate Control Business. After the redemption, 139,768 shares of the Series E Redeemable Preferred remain outstanding.

The Series E Redeemable Preferred has a 14% annual dividend rate and a participating right in dividends and liquidating distributions equal to 303,646 shares of common stock as of September 30, 2016. Dividends accrue semi-annually in arrears and are compounded.

As discussed in Note 9, the embedded derivative, which includes certain contingent redemption features and the participation rights value, relating to the redemption of the Series E Redeemable Preferred has been bifurcated from the Series E Redeemable Preferred and recorded as a liability.

Series F Redeemable Preferred

As of September 30 2016, the Series F Redeemable Preferred has voting rights (the “Series F Voting Rights”) to vote as a single class on all matters which the common stock have the right to vote and is entitled to a number of votes equal to 456,225 shares of our common stock.

Note 11. Securities Financing Including Redeemable Preferred Stocks (continued)

Changes in our Series E and Series F Redeemable Preferred are as follows:

	Series E Redeemable Preferred						Series F Redeemable Preferred
	Shares			Amount			Shares		Amount
	(Dollars In Thousands)
Balance at December 31, 2015		210,000		$	177,272			1	$	—
Accretion relating to liquidation preference on preferred stock		—			11,475			—		—
Accretion for discount and issuance costs on preferred stock		—			5,145			—		—
Accumulated dividend		—			22,351			—		—
Redemption of preferred stock		(70,232	)		(70,232	)		—		—
Dividends paid		—			(8,028	)		—		—
Balance at September 30, 2016		139,768		$	137,983			1	$	—

Currently, the carrying value of the Series E Redeemable Preferred is being increased by periodic accretions using the interest method so that the carrying amount will equal the redemption value as of August 2, 2019, the earliest possible redemption date by the holder. However, this accretion could accelerate if the expected redemption date is earlier than August 2, 2019. Due to the redemption of the shares of Series E Redeemable Preferred discussed above, approximately $9.3 million of accelerated accretion (recorded to retained earnings) was recognized during the third quarter of 2016. For the three and nine months ended September 30, 2016, the accelerated accretion reduced basic and diluted earnings per share by $0.34 and $0.37, respectively.

Warrants

In conjunction with the issuance of the Series E and Series F Redeemable Preferred in December 2015 to LSB Funding LLC (the “Purchaser”), we issued warrants to the Purchaser to purchase 4,103,746 shares of common stock (the “Warrants”). Each warrant afforded the holder the opportunity to purchase one share of common stock at a warrant exercise price of $0.10. In May 2016, all of the Warrants were exercised by the holder in a cashless exercise resulting in the issuance of 4,103,746 shares of our common stock, of which 34,422 shares of common stock were surrendered (and we are holding such shares as treasury stock) by the holder in payment of the exercise price.

Registration Rights Agreement- Warrants

Pursuant to a registration rights agreement (the “Registration Rights Agreement-Warrants”) relating to the registered resale of the common stock issuable upon exercise of the Warrants and certain other common stock, we filed a registration statement, including amendments, to permit the public resale of registrable securities then outstanding. We are required to use commercially reasonable efforts to cause the registration statement to become effective as soon as practicable thereafter.

Furthermore, the registration statement must be declared effective by December 3, 2016. If the registration statement is not declared effective on or prior to December 3, 2016, the Purchaser is entitled to liquidated damages of 0.25% of the liquidated damages multiplier (the closing price of our common stock as of the date of the calculation multiplied by the number of our common stock issued or issuable upon the exercise of the Warrants and other issuance events, if applicable, and held by the Purchaser and as described in the agreement) for the first 30 day period immediately following such default and an additional 0.25% with respect to each subsequent 30 day period, up to a maximum increase of 1.00%. In no event will the aggregate of all liquidated damages exceed 3.0% of the aggregate purchase price (the closing price of our common stock as of the date of the calculation multiplied by the number of our common stock issued or issuable upon the exercise of the Warrants and other issuance events, if applicable).

If such liquidated damages cannot be paid in cash, because such action would constitute a default under a credit facility or other debt instrument, then payment consisting of as much cash as possible in compliance with the aforementioned conditions would be required. The balance of any compensatory liquidated damages would be paid in full in the form of the issuance of additional common stock.

Related Party Transactions	9 Months Ended
Related Party Transactions	Sep. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 12: Related Party Transactions Golsen Group During the first quarter of 2015, we paid dividends totaling $300,000 on our Series B Preferred and our Series D Preferred. No dividends were declared during the first nine months of 2016. The Series B Preferred and Series D Preferred are non-redeemable preferred stocks issued in 1986 and 2001, respectively, of which all outstanding shares are owned by the Golsen Group. During the second quarter of 2016, we entered into a consulting agreement with Steven J. Golsen (“S. Golsen”), son of Jack E. Golsen and former employee and President and Chief Operating Officer of the Climate Control Business. Pursuant to the terms of the agreement, S. Golsen is to provide services relating to the sale of the Climate Control Business and subsequent services to improve the transition process from LSB to NIBE. The total consulting fee is $425,000 and the term of the agreement is for 2 years, but could be terminated earlier under certain circumstances. During the third quarter of 2016, we executed agreements, sold and assigned our rights in certain life insurance policies owned by us as beneficiary. The purchase price of these policies was the cash surrender value at the time of purchase. These policies insured our two Board members, Jack E. Golsen and Barry H. Golsen and a former employee S. Golsen. We received approximately $1.7 million from the sale of these life insurance policies. During the first nine months of 2016, we incurred consulting fees of approximately $135,000 from one of our Board members, Mr. Richard Sanders. These fees relate to services performed by Mr. Sanders as an Interim Executive Vice President, Chemical Manufacturing, which involved the oversight of our chemical plant operations during this time period. On August 1, 2016, these consulting services ceased when we appointed Mr. John Diesch in this executive position.

Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2016

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

Note 13: Supplemental Cash Flow Information

The following provides additional information relating to cash flow activities:

	Nine Months Ended
	September 30,
	2016		2015
	(In Thousands)
Cash payments (refunds) for:
Income taxes, net	$	3,588	$	(3,648	)
Noncash continuing investing and financing activities:
Accounts payable and accrued liabilities associated with additions of property, plant and equipment	$	15,685	$	59,566
Long-term debt associated with additions of capitalized internal-use software and software development	$	759	$	2,233
Dividend accrued on Series E Redeemable Preferred	$	14,323	$	—
Accretion of Series E Redeemable Preferred	$	4,911	$	—

Subsequent Events

9 Months Ended

Sep. 30, 2016

Subsequent Events [Abstract]

Subsequent Events

Note 14: Subsequent Event

In October 2016, we made payments totaling $106.9 million to redeem:

•

all of the outstanding $50 million of the 12% Senior Secured Notes due 2019 at the original redemption price of 106% plus accrued interest and

•

$50 million of the 7.75% Senior Secured Notes due 2019 at the original redemption price of 103.875% plus accrued interest

As a result of this transaction, we will recognize a loss on extinguishment of debt of approximately $8.7 million in the fourth quarter of 2016. These redemptions were funded from a portion of the proceeds from the sale of our Climate Control Business.

Summary of Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2016

Accounting Policies [Abstract]

Basis of Consolidation

Use of Estimates

Restricted Cash

Restricted Cash—Restricted cash consists of cash balances that are legally restricted or designated by us for specific purposes.

Concentration of Credit Risks for Cash and Cash Equivalents

Income Taxes

Redeemable Preferred Stocks

Income (Loss) per Common Share

Recently Issued Accounting Pronouncements

Note 1: Summary of Significant Accounting Policies (continued)

Correction and Reclassifications

A previously reported correction and certain reclassifications made to our condensed consolidated statement of operations for the three and nine months ended September 30, 2015 are as follows:

	Condensed Consolidated Statement of Operations Three Months Ended September 30, 2015
	As Previously Reported			Adjustments / Reclassifications (1)			Adjustments / Reclassifications (2)			As Adjusted
	(In Thousands)
Net sales	$	157,685		$	5,932		$	(75,050	)	$	88,567
Cost of sales	$	144,406		$	8,031		$	(52,072	)	$	100,365
Gross profit	$	13,279		$	(2,099	)	$	(22,978	)	$	(11,798	)
Selling, general and administrative expense	$	29,382		$	(2,345	)	$	(15,435	)	$	11,602
Provision for losses on accounts receivable	$	(161	)	$	246		$	(85	)	$	—

	Condensed Consolidated Statement of Operations Nine Months Ended September 30, 2015
	As Previously Reported			Adjustments / Reclassifications (1)			Adjustments / Reclassifications (2)			As Adjusted
	(In Thousands)
Net sales	$	534,202		$	20,558		$	(207,090	)	$	347,670
Cost of sales	$	443,682		$	26,440		$	(144,069	)	$	326,053
Gross profit	$	90,520		$	(5,882	)	$	(63,021	)	$	21,617
Selling, general and administrative expense	$	89,598		$	(5,612	)	$	(46,638	)	$	37,348
Provision for losses on accounts receivable	$	352		$	(270	)	$	(82	)	$	—

(1)

(2)

Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2016

Accounting Policies [Abstract]

Schedule of Correction and Reclassifications

A previously reported correction and certain reclassifications made to our condensed consolidated statement of operations for the three and nine months ended September 30, 2015 are as follows:

	Condensed Consolidated Statement of Operations Three Months Ended September 30, 2015
	As Previously Reported			Adjustments / Reclassifications (1)			Adjustments / Reclassifications (2)			As Adjusted
	(In Thousands)
Net sales	$	157,685		$	5,932		$	(75,050	)	$	88,567
Cost of sales	$	144,406		$	8,031		$	(52,072	)	$	100,365
Gross profit	$	13,279		$	(2,099	)	$	(22,978	)	$	(11,798	)
Selling, general and administrative expense	$	29,382		$	(2,345	)	$	(15,435	)	$	11,602
Provision for losses on accounts receivable	$	(161	)	$	246		$	(85	)	$	—

	Condensed Consolidated Statement of Operations Nine Months Ended September 30, 2015
	As Previously Reported			Adjustments / Reclassifications (1)			Adjustments / Reclassifications (2)			As Adjusted
	(In Thousands)
Net sales	$	534,202		$	20,558		$	(207,090	)	$	347,670
Cost of sales	$	443,682		$	26,440		$	(144,069	)	$	326,053
Gross profit	$	90,520		$	(5,882	)	$	(63,021	)	$	21,617
Selling, general and administrative expense	$	89,598		$	(5,612	)	$	(46,638	)	$	37,348
Provision for losses on accounts receivable	$	352		$	(270	)	$	(82	)	$	—

Discontinued Operations (Tables) - Climate Control Group [Member] - Discontinued Operations [Member]

9 Months Ended

Sep. 30, 2016

Schedule of Carrying Amounts of Assets and Liabilities

At December 31, 2015, the carrying amounts of the assets and liabilities of the Climate Control Group are as follows:

	December 31,
	2015
	(In Thousands)
Cash and cash equivalents	$	119
Accounts receivable, net		43,001
Inventories, net		28,780
Other current assets		1,096
Property, plant and equipment, net		26,779
Intangible and other, net		7,002
Total assets classified as held for sale		106,777
Less noncurrent assets classified as held for sale		33,781
Current assets classified as held for sale	$	72,996

Accounts payable		20,003
Current and noncurrent accrued and other liabilities		24,659
Total liabilities classified as held for sale		44,662
Less noncurrent liabilities classified as held for sale		12,136
Current liabilities classified as held for sale	$	32,526

Schedule of Results of Operating Information

Summarized results of discontinued operations are as follows for:

	September 30,
	Three Months Ended				Nine Months Ended
	2016		2015		2016		2015
	(In Thousands)
Net sales	$	—	$	75,050	$	138,609	$	207,090
Cost of sales		—		52,072		93,178		144,069
Selling, general and administrative expense		—		15,520		32,719		46,720
Transaction costs		—		—		2,535		—
Interest expense		—		5		—		7
Other expense (income), net		—		168		117		417
Income from operations of discontinued operations		—		7,285		10,060		15,877
Gain on sale of discontinued operation		281,590		—		281,590		—
Provision for income taxes		108,549		4,627		95,006		7,516
Income from discontinued operations, including taxes	$	173,041	$	2,658	$	196,644	$	8,361

Schedule of Condensed Cash Flow Information

Summarized condensed cash flow information of discontinued operations is as follows:

	Nine Months Ended
	September 30,
	2016		2015
	(In Thousands)
Deferred income taxes	$	91,497	$	7,427
Depreciation and amortization of property, plant and equipment	$	1,607	$	3,468
Stock-based compensation	$	955	$	443
Expenditures for property, plant and equipment	$	273	$	728
Software and software development costs	$	675	$	1,603

Income (Loss) Per Common Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income (Loss) Per Common Share

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
	(Dollars In Thousands, Except Per Share Amounts)
Numerator:
Net income (loss)	$	133,551		$	(33,763	)	$	133,701		$	(26,697	)
Adjustments for basic net income (loss) per common share:
Dividend requirements on Series E Redeemable Preferred		(7,372	)		—			(22,351	)		—
Dividend and dividend requirements on Series B Preferred		(60	)		—			(180	)		(240	)
Dividend and dividend requirements on Series D Preferred		(15	)		—			(45	)		(60	)
Accretion of Series E Redeemable Preferred		(12,137	)		—			(16,620	)		—
Net income attributable to participating securities		(1,920	)		—			(1,718	)		—
Numerator for basic net income (loss) per common share - net income (loss) attributable to common stockholders		112,047			(33,763	)		92,787			(26,997	)
Dividends on convertible preferred stocks assumed to be converted, if dilutive		—			—			—			—
Numerator for diluted net income (loss) per common share	$	112,047		$	(33,763	)	$	92,787		$	(26,997	)

Denominator:
Denominator for basic net income (loss) per common share - weighted- average shares (1)		27,075,629			22,799,007			24,926,471			22,741,012
Effect of dilutive securities:
Stock options		—			—			—			—
Dilutive potential common shares		—			—			—			—

Denominator for dilutive net income (loss) per common share - adjusted weighted-average shares and assumed conversions		27,075,629			22,799,007			24,926,471			22,741,012

Basic net income (loss) per common share:
Loss from continuing operations	$	(2.25	)	$	(1.60	)	$	(4.17	)	$	(1.56	)
Income from discontinued operations, net of taxes		6.39			0.12			7.89			0.37
Net income (loss)	$	4.14		$	(1.48	)	$	3.72		$	(1.19	)

Diluted net income (loss) per common share:
Loss from continuing operations	$	(2.25	)	$	(1.60	)	$	(4.17	)	$	(1.56	)
Income from discontinued operations, net of taxes		6.39			0.12			7.89			0.37
Net income (loss)	$	4.14		$	(1.48	)	$	3.72		$	(1.19	)

(1)	Excludes the weighted-average shares of unvested restricted stock that are contingently returnable during the three and nine months ended September 30, 2016.

Antidilutive Securities Excluded from Computation of Earnings Per Share

The following weighted-average shares of securities were not included in the computation of diluted net income (loss) per common share as their effect would have been antidilutive:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Convertible preferred stocks		916,666		916,666		916,666		916,666
Stock options		313,853		905,257		456,618		897,690
Restricted stock and stock units		921,669		—		914,956		—
Series E Redeemable Preferred - embedded derivative		436,323		—		449,543		—
		2,588,511		1,821,923		2,737,783		1,814,356

Current and Noncurrent Accrued and Other Liabilities (Tables)

9 Months Ended

Sep. 30, 2016

Other Liabilities Disclosure [Abstract]

Summary of Current and Noncurrent Accrued and Other Liabilities

	September 30,		December 31,
	2016		2015
	(In Thousands)
Accrued liabilities associated with discontinued operations	$	7,157	$	1,878
Accrued interest		7,105		14,784
Accrued payroll and benefits		5,550		4,521
Accrued death and other executive benefits		4,294		4,604
Series E Redeemable Preferred - embedded derivative		2,605		3,308
Accrued health insurance and worker compensation claims		1,622		1,362
Customer deposits		1,405		2,130
Other		9,868		16,007
		39,606		48,594
Less noncurrent portion		9,356		8,786
Current portion of accrued and other liabilities	$	30,250	$	39,808

Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Schedule of Revolving Credit Facility and Long-Term Debt

Our revolving credit facility and long-term debt consists of the following:

	September 30,			December 31,
	2016			2015
	(In Thousands)
Working Capital Revolver Loan, with a current interest rate of 4% (A)	$	—		$	—
Senior Secured Notes due 2019 (B)		425,000			425,000
12% Senior Secured Notes due 2019 (B)		50,000			50,000
Secured Promissory Note due 2017, with a current interest rate of 3.84% (C)		8,392			15,856
Secured Promissory Note due 2019, with a current interest rate of 5.73% (D)		9,417			—
Secured Promissory Note due 2021, with a current interest rate of 5.25% (E)		15,000			16,189
Secured Promissory Note due 2023, with a current interest rate of 4.77% (F)		19,140			15,000
Other, with a current weighted-average interest rate of 4.6%, most of which is secured primarily by machinery and equipment		4,799			7,103
Unamortized discount and debt issuance costs		(12,163	)		(8,726	)
		519,585			520,422
Less current portion of long-term debt, net		110,495			22,468
Long-term debt due after one year, net	$	409,090		$	497,954

•

Note 7: Long-Term Debt (continued)

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
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-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

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-Name Accounting Standards Codification
-Topic 835
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-Section 55
-Paragraph 8
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-Name Accounting Standards Codification
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
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-Paragraph 1A
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
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-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

+ Details

Derivatives, Hedges, Financial Instruments and Carbon Credits (Tables)

9 Months Ended

Sep. 30, 2016

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

Note 9: Derivatives, Hedges, Financial Instruments and Carbon Credits (continued)

The following details our assets and liabilities that are measured at fair value on a recurring basis at September 30, 2016 and December 31, 2015:

				Fair Value Measurements at September 30, 2016 Using
Description	Total Fair Value at September 30, 2016			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)			Total Fair Value at December 31, 2015
	(In Thousands)
Assets - Supplies, prepaid items and other:
Commodities contracts (1)	$	2		$	—	$	2		$	—		$	195
Carbon credits		—			—		—			—			1,154
Foreign exchange contracts		1			—		1			—			—
Total	$	3		$	—	$	3		$	—		$	1,349
Liabilities - Current and noncurrent accrued and other liabilities:
Commodities contracts (1)	$	(2	)	$	—	$	(2	)	$	—		$	(202	)
Contractual obligations - carbon credits		—			—		—			—			(1,154	)
Embedded derivative		(2,605	)		—		—			(2,605	)		(3,308	)
Interest rate contracts		—			—		—			—			(126	)
Foreign exchange contracts		—			—		—			—			(6	)
Total	$	(2,607	)	$	—	$	(2	)	$	(2,605	)	$	(4,796	)

(1)

Note 9: Derivatives, Hedges, Financial Instruments and Carbon Credits (continued)

Reconciliation of Beginning and Ending Balances for Assets and Liabilities Measured at Fair Value on Recurring Basis

the following is a reconciliation of the beginning and ending balances for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

	Assets						Liabilities						Assets						Liabilities
	Three Months Ended						Three Months Ended						Nine Months Ended						Nine Months Ended
	September 30,						September 30,						September 30,						September 30,
	2016			2015			2016			2015			2016			2015			2016			2015
	(In Thousands)
Beginning balance	$	6		$	4,049		$	(1,871	)	$	(4,049	)	$	1,154		$	2,779		$	(1,154	)	$	(2,779	)
Transfers into Level 3		—			—			—			—			—			—			(5,817	)		—
Transfers out of Level 3		—			—			—			—			—			—			—			—

Total realized and unrealized gains (losses) included in operating results		1,196			—			(3,395	)		904			1,256			1,334			754			(430	)
Purchases		—			—			—			—			—			—			—			—
Issuances		—			—			—			—			—			—			—			—
Sales		(1,202	)		(3,862	)		—			—			(2,410	)		(3,926	)		—			—
Settlements		—			—			2,661			2,958			—			—			3,612			3,022
Ending balance	$	—		$	187		$	(2,605	)	$	(187	)	$	—		$	187		$	(2,605	)	$	(187	)

Total gains (losses) for the period included in operating results attributed to the change in unrealized gains or losses on assets and liabilities still held at the reporting date	$	—		$	—		$	(2,199	)	$	—		$	—		$	177			(816	)	$	(177	)

Net Gains (Losses) Included in Continuing Operating Results and The Statement of Operations Classifications

Net gains (losses) included in continuing operating results and the statement of operations classifications are as follows:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
	(In Thousands)
Total net gains (losses) included in operating results:
Cost of sales - Undesignated commodities contracts (1)	$	18		$	(1,014	)	$	81		$	(2,657	)
Cost of sales - Undesignated foreign exchange contracts		1			2			7			(62	)
Other income - Carbon credits		1,196			904			1,513			2,645
Other expense - Contractual obligations relating to carbon credits		(922	)		—			(982	)		(1,741	)
Non-operating other expense - embedded derivative		(2,474	)		—			(1,031	)		—
Interest expense - Undesignated interest rate contracts		—			(10	)		—			(55	)
Total net losses included in operating results	$	(2,181	)	$	(118	)	$	(412	)	$	(1,870	)

(1)	Net losses of $512,000 and $917,000 have been reclassified to discontinued operations for the three and nine months ended September 30, 2015. See Note 2-Discontinued Operations.

Schedule of Carrying Values and Estimated Fair Values of Financial Instruments

Note 9: Derivatives, Hedges, Financial Instruments and Carbon Credits (continued)

We did not have any financial instruments with fair values significantly different from their carrying amounts, except for the Senior Secured Notes at December 31, 2015, as shown below.

	September 30, 2016				December 31, 2015
	Carrying		Estimated		Carrying		Estimated
	Amount		Fair Value		Amount		Fair Value
	(In Millions)
Senior Secured Notes (1)	$	425	$	430	$	425	$	355

(1)	Based on a quoted price of 101.13 at September 30, 2016 and 83.65 at December 31, 2015.

Income Taxes (Tables)

9 Months Ended

Sep. 30, 2016

Income Tax Disclosure [Abstract]

Benefit for Income Taxes from Continuing Operations

Benefit for income taxes from continuing operations are as follows:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
	(In Thousands)
Current:
Federal	$	(1	)	$	(5,059	)	$	(1	)	$	(5,040	)
State		270			1,484			382			213
Total Current	$	269		$	(3,575	)	$	381		$	(4,827	)

Deferred:
Federal	$	(19,849	)	$	(20,592	)	$	(28,680	)	$	(18,346	)
State		(2,646	)		(2,465	)		(2,448	)		(2,208	)
Total Deferred	$	(22,495	)	$	(23,057	)	$	(31,128	)	$	(20,554	)
Benefit for income taxes	$	(22,226	)	$	(26,632	)	$	(30,747	)	$	(25,381	)

Securities Financing Including Redeemable Preferred Stocks (Table)

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Summary of Redeemable Preferred Stock

	Series E Redeemable Preferred						Series F Redeemable Preferred
	Shares			Amount			Shares		Amount
	(Dollars In Thousands)
Balance at December 31, 2015		210,000		$	177,272			1	$	—
Accretion relating to liquidation preference on preferred stock		—			11,475			—		—
Accretion for discount and issuance costs on preferred stock		—			5,145			—		—
Accumulated dividend		—			22,351			—		—
Redemption of preferred stock		(70,232	)		(70,232	)		—		—
Dividends paid		—			(8,028	)		—		—
Balance at September 30, 2016		139,768		$	137,983			1	$	—

Supplemental Cash Flow Information (Tables)

9 Months Ended

Sep. 30, 2016

Supplemental Cash Flow Elements [Abstract]

Additional Information Relating to Cash Flow Activities

The following provides additional information relating to cash flow activities:

	Nine Months Ended
	September 30,
	2016		2015
	(In Thousands)
Cash payments (refunds) for:
Income taxes, net	$	3,588	$	(3,648	)
Noncash continuing investing and financing activities:
Accounts payable and accrued liabilities associated with additions of property, plant and equipment	$	15,685	$	59,566
Long-term debt associated with additions of capitalized internal-use software and software development	$	759	$	2,233
Dividend accrued on Series E Redeemable Preferred	$	14,323	$	—
Accretion of Series E Redeemable Preferred	$	4,911	$	—

Summary of Significant Accounting Policies - Additional Information (Detail) $ in Millions	Jul. 02, 2016 USD ($)
Climate Control Group [Member]
Summary Of Significant Accounting Policies [Line Items]
Purchase price of outstanding shares of stock to be sold under Stock Purchase Agreement	$ 364

Summary of Significant Accounting Policies - Schedule of Correction and Reclassifications (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net sales	$ 80,262	$ 88,567	$ 289,216	$ 347,670
Cost of sales	116,641	100,365	329,630	326,053
Gross profit	(36,379)	(11,798)	(40,414)	21,617
Selling, general and administrative expense	$ 9,962	11,602	$ 31,730	37,348
As Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net sales		157,685		534,202
Cost of sales		144,406		443,682
Gross profit		13,279		90,520
Selling, general and administrative expense		29,382		89,598
Provision for losses on accounts receivable		(161)		352
Adjustments / Reclassifications [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net sales		5,932		20,558
Cost of sales		8,031		26,440
Gross profit		(2,099)		(5,882)
Selling, general and administrative expense		(2,345)		(5,612)
Provision for losses on accounts receivable		246		(270)
Adjustments / Reclassifications 2 [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net sales		(75,050)		(207,090)
Cost of sales		(52,072)		(144,069)
Gross profit		(22,978)		(63,021)
Selling, general and administrative expense		(15,435)		(46,638)
Provision for losses on accounts receivable		$ (85)		$ (82)

Discontinued Operations - Additional Information (Detail) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended
	Jul. 02, 2016	Sep. 30, 2016	Sep. 30, 2016	Dec. 31, 2015
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain on sale of discontinued operation		$ 281,590	$ 281,590
Climate Control Group [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Aggregate purchase price of stock	$ 364,000
Amount agreed to be placed in escrow for insurance	2,600
Cost of transition services	$ 2,300
Climate Control Group [Member] \| Maximum [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Transition services period	18 months
Climate Control Group [Member] \| Stock Purchase Agreement [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain on sale of discontinued operation	$ 281,590
Climate Control Group [Member] \| Discontinued Operations [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Accounts receivable, net		10,100	10,100	$ 43,001
Amount held in escrow deposit		4,700	4,700
Current and noncurrent accrued and other liabilities		$ 7,200	$ 7,200	$ 24,659

Discontinued Operations - Schedule of Carrying Amounts of Assets and Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Noncurrent assets held for sale		$ 33,781
Current assets held for sale		72,996
Noncurrent liabilities held for sale		12,136
Current liabilities held for sale		32,526
Climate Control Group [Member] \| Discontinued Operations [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Cash and cash equivalents		119
Accounts receivable, net	$ 10,100	43,001
Inventories, net		28,780
Other current assets		1,096
Property, plant and equipment, net		26,779
Intangible and other, net		7,002
Total assets classified as held for sale		106,777
Noncurrent assets held for sale		33,781
Current assets held for sale		72,996
Accounts payable		20,003
Current and noncurrent accrued and other liabilities	$ 7,200	24,659
Total liabilities classified as held for sale		44,662
Noncurrent liabilities held for sale		12,136
Current liabilities held for sale		$ 32,526

Discontinued Operations - Summarized Results of Discontinued Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Discontinued Operations And Disposal Groups [Abstract]
Net sales		$ 75,050	$ 138,609	$ 207,090
Cost of sales		52,072	93,178	144,069
Selling, general and administrative expense		15,520	32,719	46,720
Transaction costs			2,535
Interest expense		5		7
Other expense (income), net		168	117	417
Income from operations of discontinued operations		7,285	10,060	15,877
Gain on sale of discontinued operation	$ 281,590		281,590
Provision for income taxes	108,549	4,627	95,006	7,516
Income from discontinued operations, including taxes	$ 173,041	$ 2,658	$ 196,644	$ 8,361

Discontinued Operations - Schedule of Condensed Cash Flow Information (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Discontinued Operations And Disposal Groups [Abstract]
Deferred income taxes	$ 91,497	$ 7,427
Depreciation and amortization of property, plant and equipment	1,607	3,468
Stock-based compensation	955	443
Expenditures for property, plant and equipment	273	728
Software and software development costs	$ 675	$ 1,603

Income (Loss) Per Common Share - Computation of Basic and Diluted Net Income (Loss) Per Common Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Numerator:
Net income (loss)	$ 133,551	$ (33,763)	$ 133,701	$ (26,697)
Adjustments for basic net income (loss) per common share:
Dividend and dividend requirements			(22,351)
Accretion of redeemable preferred stocks			(16,620)
Net income attributable to participating securities	(1,920)		(1,718)
Net income (loss) attributable to common stockholders	112,047	(33,763)	92,787	(26,997)
Numerator for diluted net income (loss) per common share	$ 112,047	$ (33,763)	$ 92,787	$ (26,997)
Denominator:
Denominator for basic net income (loss) per common share - weighted-average shares	27,075,629	22,799,007	24,926,471	22,741,012
Effect of dilutive securities:
Denominator for dilutive net income (loss) per common share - adjusted weighted-average shares and assumed conversions	27,075,629	22,799,007	24,926,471	22,741,012
Basic net income (loss) per common share:
Loss from continuing operations	$ (2.25)	$ (1.60)	$ (4.17)	$ (1.56)
Income from discontinued operations, net of taxes	6.39	0.12	7.89	0.37
Net income (loss)	4.14	(1.48)	3.72	(1.19)
Diluted net income (loss) per common share:
Loss from continuing operations	(2.25)	(1.60)	(4.17)	(1.56)
Income from discontinued operations, net of taxes	6.39	0.12	7.89	0.37
Net income (loss)	$ 4.14	$ (1.48)	$ 3.72	$ (1.19)
Series E Redeemable Preferred Stock [Member]
Adjustments for basic net income (loss) per common share:
Dividend and dividend requirements	$ (7,372)		$ (22,351)
Accretion of redeemable preferred stocks	(12,137)		(16,620)
Series B Preferred Stock [Member]
Adjustments for basic net income (loss) per common share:
Dividend and dividend requirements	(60)		(180)	$ (240)
Series D Preferred Stock [Member]
Adjustments for basic net income (loss) per common share:
Dividend and dividend requirements	$ (15)		$ (45)	$ (60)

Income (Loss) Per Common Share - Antidilutive Securities Excluded from Computation of Earnings Per Share (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,588,511	1,821,923	2,737,783	1,814,356
Series E Redeemable Preferred Stock [Member] \| Embedded Derivative [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	436,323		449,543
Convertible Preferred Stocks [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	916,666	916,666	916,666	916,666
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	313,853	905,257	456,618	897,690
Restricted stock and stock units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	921,669		914,956

Inventories - Additional Information (Detail) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Inventory reserves	$ 1,541,000	$ 2,832,000

Current and Noncurrent Accrued and Other Liabilities - Summary of Current and Noncurrent Accrued and Other Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Payables And Accruals [Abstract]
Accrued liabilities associated with discontinued operations	$ 7,157	$ 1,878
Accrued interest	7,105	14,784
Accrued payroll and benefits	5,550	4,521
Accrued death and other executive benefits	4,294	4,604
Series E Redeemable Preferred - embedded derivative	2,605	3,308
Accrued health insurance and worker compensation claims	1,622	1,362
Customer deposits	1,405	2,130
Other	9,868	16,007
Total current and noncurrent accrued liabilities	39,606	48,594
Less noncurrent portion	9,356	8,786
Current portion of accrued and other liabilities	$ 30,250	$ 39,808

Asset Retirement Obligations - Additional Information (Detail) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Asset Retirement Obligation Disclosure [Abstract]
Accrued liability for AROs	$ 290,000	$ 281,000

Long-Term Debt - Schedule of Revolving Credit Facility and Long-Term Debt (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Long-term debt	$ 519,585	$ 520,422
Unamortized discount and debt issuance costs	(12,163)	(8,726)
Less current portion of long-term debt, net	110,495	22,468
Long-term debt, net	409,090	497,954
4% Working Capital Revolver Loan [Member]
Debt Instrument [Line Items]
Long-term debt		0
Senior Secured Notes Due 2019 [Member]
Debt Instrument [Line Items]
Long-term debt	425,000	425,000
12% Senior Secured Notes Due 2019 [Member]
Debt Instrument [Line Items]
Long-term debt	50,000	50,000
3.84% Secured Promissory Note Due 2017 [Member]
Debt Instrument [Line Items]
Long-term debt	8,392	15,856
5.73% Secured Promissory Note Due 2019 [Member]
Debt Instrument [Line Items]
Long-term debt	9,417
5.25% Secured Promissory Note Due 2021 [Member]
Debt Instrument [Line Items]
Long-term debt	15,000	16,189
4.77% Secured Promissory Note Due 2023 [Member]
Debt Instrument [Line Items]
Long-term debt	19,140	15,000
Other [Member]
Debt Instrument [Line Items]
Long-term debt	$ 4,799	$ 7,103

Long-Term Debt - Schedule of Revolving Credit Facility and Long-Term Debt (Parenthetical) (Detail)						3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 07, 2016 USD ($)	May 13, 2016 USD ($) Installment	Apr. 02, 2016 Installment	Feb. 05, 2016 USD ($) Installment	Sep. 16, 2015 USD ($)	Sep. 30, 2016 USD ($) $ / Unit	Sep. 30, 2016 USD ($) $ / Unit	Dec. 31, 2015 USD ($)	Aug. 01, 2016	Aug. 07, 2013 USD ($)
Debt Instrument [Line Items]
Long-term debt						$ 519,585,000	$ 519,585,000	$ 520,422,000
Less current portion of long-term debt, net						$ 110,495,000	$ 110,495,000	$ 22,468,000
Proceeds of the secured promissory note		$ 4,800,000			$ 15,000,000
12% Senior Secured Notes Due 2019 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate						12.00%	12.00%	12.00%
Senior Secured Notes Due 2019 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate										7.75%
Debt instrument, principal amount										$ 425,000,000
Redeemable principal amount	$ 50,000,000
Redemption price	103.875%
Amended Note [Member] \| Zena Energy L.L.C [Member]
Debt Instrument [Line Items]
Maturity date			Dec. 01, 2017
Debt instrument, number of periodic payment \| Installment			20
Debt instrument basis spread on variable rate			3.00%
Secured Promissory Note Due [Member] \| Zena Energy L.L.C [Member]
Debt Instrument [Line Items]
Debt instrument, frequency of payment							Monthly
4% Working Capital Revolver Loan [Member]
Debt Instrument [Line Items]
Line of credit facility, interest rate						4.00%	4.00%	4.00%
Maturity date							Apr. 13, 2018
Maximum amount of revolving credit facility						$ 100,000,000	$ 100,000,000
Letters of credit maximum capacity						15,000,000	15,000,000
Amount available for borrowing						$ 22,600,000	$ 22,600,000
Long-term debt								$ 0
3.84% Secured Promissory Note Due 2017 [Member]
Debt Instrument [Line Items]
Maturity year							2017	2017
Long-term debt, effective Interest Rate						3.84%	3.84%	3.84%
Long-term debt						$ 8,392,000	$ 8,392,000	$ 15,856,000
5.73% Secured Promissory Note Due 2019 [Member]
Debt Instrument [Line Items]
Maturity year							2019	2019
Long-term debt, effective Interest Rate						5.73%	5.73%	5.73%
Long-term debt						$ 9,417,000	$ 9,417,000
5.25% Secured Promissory Note due 2021 [Member]
Debt Instrument [Line Items]
Long-term debt, effective Interest Rate						5.25%	5.25%	5.25%
Maturity date							Mar. 26, 2021
Long-term debt						$ 15,000,000	$ 15,000,000	$ 16,189,000
Secured promissory note, payment term							This note required interest only monthly payments for the first 12 months of the term (through April 2016) and then principal and interest monthly payments through the remaining term
4.77% Secured Promissory Note Due 2023 [Member]
Debt Instrument [Line Items]
Long-term debt, effective Interest Rate						4.77%	4.77%	4.77%
Long-term debt						$ 19,140,000	$ 19,140,000	$ 15,000,000
Other [Member]
Debt Instrument [Line Items]
Weighted-average interest rate of other debt						4.60%	4.60%	4.60%
Long-term debt						$ 4,799,000	$ 4,799,000	$ 7,103,000
12% Senior Secured Notes Due 2019 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	12.00%					12.00%	12.00%
Redeemable principal amount	$ 50,000,000
Redemption price	106.00%
12% Senior Secured Notes Due 2019 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate									8.50%
The maximum amount of future pari passu indebtedness						$ 25,000,000	$ 25,000,000
Long-term debt						50,000,000	50,000,000
Senior secured notes outstanding value						375,000,000	375,000,000
Interest expense recognized						500,000
Less current portion of long-term debt, net						96,200,000	96,200,000
Senior Secured Notes Due 2019 [Member]
Debt Instrument [Line Items]
Long-term debt						$ 425,000,000	425,000,000	$ 425,000,000
Cash payment for debt holder consent							$ 5,400,000
Cash price per $1,000 principal amount of notes for consent \| $ / Unit						13.25	13.25
Other fees incurred						$ 1,400,000	$ 1,400,000
Secured Promissory Note due 2019 [Member] \| EL Dorado Chemical Company [Member]
Debt Instrument [Line Items]
Maturity date				Jun. 29, 2019
Debt instrument, number of periodic payment \| Installment				40
Proceeds of the secured promissory note				$ 10,000,000
Final balloon payment				$ 6,700,000
Secured Promissory Note Due 2023 [Member]
Debt Instrument [Line Items]
Debt instrument, number of periodic payment \| Installment		83
Final balloon payment		$ 6,100,000
Loan term after conversion		7 years
Secured Promissory Note Due 2023 [Member] \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, interest rate		4.25%
Maturity date							May 31, 2023
Debt instrument term							interest at a rate that is based on the monthly LIBOR rate plus 4.25% and matures in May 2023
Secured Promissory Note Due 2023 [Member] \| EL Dorado Ammonia L.L.C [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, principal amount					$ 19,800,000

Commitments and Contingencies - Additional Information (Detail) MMBTU in Millions			1 Months Ended				9 Months Ended	12 Months Ended
	Mar. 03, 2016 T	May 01, 2015 USD ($)	Mar. 31, 2016 USD ($)	Jan. 31, 2016 USD ($)	Sep. 30, 2015 USD ($)	Dec. 31, 2014 Violation	Sep. 30, 2016 USD ($) MMBTU Settlement $ / MMBTU	Dec. 31, 2002 Subsidiary	Dec. 31, 2012 USD ($)
Commitments And Contingencies [Line Items]
Natural gas purchase commitments \| MMBTU							11.2
Month purchase commitment period ends natural gas							2018-06
Natural gas purchase commitments weighted average cost, per unit \| $ / MMBTU							3.22
Natural gas purchase commitments weighted average cost, amount							$ 36,200,000
Natural gas purchase commitments weighted average market value per unit \| $ / MMBTU							2.92
Natural gas purchase commitments weighted average market value, amount							$ 32,800,000
Accrued liabilities for environmental matters							231,000
Penalty related to discharge water permit									$ 100,000
Estimated litigation liability							$ 0
Percentage of payment of investigation costs agreed by Hallowell Facility							50.00%
Insurance coverage of general liability and auto liability risks							$ 100,000,000
Product liability deductible per claim							$ 250,000
Confidential settlement agreement with family groups \| Settlement							3
Liability reserve							$ 0
Pre-litigation demand amount		$ 18,000,000
Cherokee Facility [Member]
Commitments And Contingencies [Line Items]
Payment of liabilities for environmental matters			$ 100,000
Number of alleged violations \| Violation						11
Environmental loss contingencies civil penalty paid			$ 26,000
Hallowell Facility [Member]
Commitments And Contingencies [Line Items]
Number of subsidiaries that sold their operating assets \| Subsidiary								2
Coffeyville Resources Nitrogen Fertilizers L.L.C. [Member]
Commitments And Contingencies [Line Items]
Initial terms of agreement	3 years
Purchase agreement advance written notice termination period	180 days
Global Industrial Inc [Member]
Commitments And Contingencies [Line Items]
Claimed amount payable by Global for certain work				$ 3,600,000	$ 18,000,000
Estimated amount paid to Global of disputed amount					6,000,000
Adjusted Estimated Claim Amount				5,000,000
Liability amount				$ 0
Global Industrial Inc [Member] \| EL Dorado Ammonia L.L.C [Member]
Commitments And Contingencies [Line Items]
Estimated amount paid to Global of disputed amount					$ 3,500,000
Pryor Chemical Company [Member]
Commitments And Contingencies [Line Items]
Agreement termination notice date							Mar. 01, 2016
Agreement Termination effective date							May 31, 2016
Maximum purchase commitment of urea ammonium nitrate tons per year \| T	30,000
Maximum purchase commitment of urea ammonium nitrate tons per quarter \| T	10,000
Purchase agreement advance written notice termination period	90 days
Pryor Chemical Company [Member] \| Minimum [Member]
Commitments And Contingencies [Line Items]
Percentage of storage capacity utilized							75.00%

Derivatives, Hedges, Financial Instruments and Carbon Credits - Additional Information (Detail)	9 Months Ended	12 Months Ended
	Sep. 30, 2016 USD ($) Unit $ / shares $ / MMBTU $ / Transaction $ / € shares	Dec. 31, 2015 $ / shares $ / MMBTU shares	Sep. 30, 2016 EUR (€) Unit $ / Transaction $ / €	Sep. 07, 2016	Dec. 31, 2015 EUR (€) MMBTU Unit $ / Transaction $ / €	Feb. 28, 2011 USD ($)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Contractual weighted-average cost \| $ / MMBTU	3.01	2.35
Estimated weighted-average market value \| $ / MMBTU	3.02
Contractual weighted-average exchange rate \| $ / €	1.12		1.12		1.12
Carbon credit fair value per unit \| $ / Transaction	0		0		2.35
Derivative future or forward contracts in volume \| MMBTU					1,820,000
The month future or forward natural gas contract period ends		2016-12
Amount of foreign currency contract \| €			€ 66,000		€ 280,000
Future or forward foreign exchange contracts settlement period	2017-02	2017-02
LIBOR rate						3.23%
Interest rate contracts fixed rate description	fixed three-month LIBOR rate of 3.23% on a declining balance
Interest rate swap declining balance beginning balance						$ 23,800,000
Interest rate swap declining balance ending balance						$ 18,800,000
Maturity period interest rate contracts held	Mar. 31, 2016
Number of carbon credits \| Unit	0		0		495,000
Assets measured at fair value on a recurring basis transferred between Level 1 and Level 2 classifications	$ 0
Assets measured at fair value on a recurring basis transferred between Level 2 and Level 1 classifications	0
Liabilities measured at fair value on a recurring basis transferred between Level 1 and Level 2 classifications	0
Liabilities measured at fair value on a recurring basis transferred between Level 2 and Level 1 classifications	$ 0
12% Senior Secured Notes [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Debt instrument, interest rate	12.00%		12.00%	12.00%
Foreign Exchange Contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Contractual weighted-average exchange rate \| $ / €	1.12		1.12
Total estimated market weighted-average exchange rate \| $ / €	1.13
Embedded Derivative [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Participating right in dividends and liquidating distributions expressed in number of common shares \| shares	303,646	456,225
Embedded Derivative [Member] \| Common Stock Shares [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Market price of common stock per share \| $ / shares	$ 8.58	$ 7.25

Derivatives, Hedges, Financial Instruments and Carbon Credits - Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Liabilities - Current and noncurrent accrued and other liabilities:
Embedded derivative	$ (2,605)	$ (3,308)
Foreign Exchange Contracts [Member]
Assets - Supplies, prepaid items and other:
Foreign exchange contracts	1
Foreign Exchange Contracts [Member] \| Significant Other Observable Inputs (Level 2) [Member]
Assets - Supplies, prepaid items and other:
Foreign exchange contracts	1
Recurring [Member]
Assets - Supplies, prepaid items and other:
Total	3	1,349
Liabilities - Current and noncurrent accrued and other liabilities:
Embedded derivative	(2,605)	(3,308)
Total	(2,607)	(4,796)
Recurring [Member] \| Significant Other Observable Inputs (Level 2) [Member]
Assets - Supplies, prepaid items and other:
Total	3
Liabilities - Current and noncurrent accrued and other liabilities:
Total	(2)
Recurring [Member] \| Significant Unobservable Inputs (Level 3) [Member]
Liabilities - Current and noncurrent accrued and other liabilities:
Embedded derivative	(2,605)
Total	(2,605)
Recurring [Member] \| Commodities Contracts [Member]
Assets - Supplies, prepaid items and other:
Commodities contracts	2	195
Liabilities - Current and noncurrent accrued and other liabilities:
Derivative Financial Instruments, Liabilities	(2)	(202)
Recurring [Member] \| Commodities Contracts [Member] \| Significant Other Observable Inputs (Level 2) [Member]
Assets - Supplies, prepaid items and other:
Commodities contracts	2
Liabilities - Current and noncurrent accrued and other liabilities:
Derivative Financial Instruments, Liabilities	$ (2)
Recurring [Member] \| Carbon Credits [Member]
Assets - Supplies, prepaid items and other:
Carbon credits		1,154
Liabilities - Current and noncurrent accrued and other liabilities:
Contractual obligations - carbon credits		(1,154)
Recurring [Member] \| Foreign Exchange Contracts [Member]
Liabilities - Current and noncurrent accrued and other liabilities:
Derivative Financial Instruments, Liabilities		(6)
Recurring [Member] \| Interest Rate Contracts [Member]
Liabilities - Current and noncurrent accrued and other liabilities:
Derivative Financial Instruments, Liabilities		$ (126)

Derivatives, Hedges, Financial Instruments and Carbon Credits - Assets and Liabilities Measured at Fair Value on Recurring Basis (Parenthetical) (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Recurring [Member] \| Commodities Contracts [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Commodities contracts	$ 2	$ 195

Derivatives, Hedges, Financial Instruments and Carbon Credits - Reconciliation of Beginning and Ending Balances for Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets [Abstract]
Assets, Beginning balance	$ 6	$ 4,049	$ 1,154	$ 2,779
Assets, Total net realized and unrealized gains (losses) included in operating results	1,196		1,256	1,334
Assets, Sales	(1,202)	(3,862)	(2,410)	(3,926)
Assets, Ending balance		187		187
Total net gains (losses) for the period included in operating results attributed to the change in unrealized gains or losses on assets and liabilities still held at the reporting date				177
Liabilities, Beginning balance	(1,871)	(4,049)	(1,154)	(2,779)
Liabilities, Transfers into Level 3			(5,817)
Liabilities, Total net realized and unrealized gains (losses) included in operating results	(3,395)	904	754	(430)
Liabilities, Settlements	2,661	2,958	3,612	3,022
Liabilities, Ending balance	(2,605)	$ (187)	(2,605)	(187)
Total net gains (losses) for the period included in operating results attributed to the change in unrealized gains or losses on assets and liabilities still held at the reporting date	$ (2,199)		$ (816)	$ (177)

Derivatives, Hedges, Financial Instruments and Carbon Credits - Net Gains (Losses) Included in Continuing Operating Results and Statement of Operations Classifications (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Total net gain (losses) included in operating results	$ (2,181)	$ (118)	$ (412)	$ (1,870)
Cost of Sales [Member] \| Commodities Contracts [Member] \| Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total net gain (losses) included in operating results	18	(1,014)	81	(2,657)
Cost of Sales [Member] \| Foreign Exchange Contracts [Member] \| Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total net gain (losses) included in operating results	1	2	7	(62)
Other Income [Member] \| Carbon Credits [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total net gain (losses) included in operating results	1,196	904	1,513	2,645
Other Expense [Member] \| Contractual Obligations Relating to Carbon Credits [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total net gain (losses) included in operating results	(922)		(982)	(1,741)
Non-operating Other Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Non-operating other expense - embedded derivative	$ (2,474)		$ (1,031)
Interest Expense [Member] \| Interest Rate Contracts [Member] \| Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total net gain (losses) included in operating results		$ (10)		$ (55)

Derivatives, Hedges, Financial Instruments and Carbon Credits - Net Gains (Losses) Included in Continuing Operating Results and Statement of Operations Classifications (Parenthetical) (Detail) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015
Climate Control [Member] \| Commodities Contracts [Member] \| Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Net losses reclassified to discontinued operations	$ 512,000	$ 917,000

Derivatives, Hedges, Financial Instruments and Carbon Credits - Schedule of Carrying Values and Estimated Fair Values of Financial Instruments (Detail) - Senior Secured Notes Due 2019 [Member] - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Schedule Of Carrying Values And Estimated Fair Values [Line Items]
Carrying Amount	$ 425	$ 425
Estimated Fair Value	$ 430	$ 355

Derivatives, Hedges, Financial Instruments and Carbon Credits - Schedule of Carrying Values and Estimated Fair Values of Financial Instruments (Parenthetical) (Detail) - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Notes based on quoted price	$ 101.13	$ 83.65

Income Taxes - Benefit for Income Taxes from Continuing Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Current:
Federal	$ (1)	$ (5,059)	$ (1)	$ (5,040)
State	270	1,484	382	213
Total Current	269	(3,575)	381	(4,827)
Deferred:
Federal	(19,849)	(20,592)	(28,680)	(18,346)
State	(2,646)	(2,465)	(2,448)	(2,208)
Total Deferred	(22,495)	(23,057)	(31,128)	(20,554)
Benefit for income taxes	$ (22,226)	$ (26,632)	$ (30,747)	$ (25,381)

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Operating Loss Carryforwards [Line Items]
Benefit for income taxes	$ (22,226)	$ (26,632)	$ (30,747)	$ (25,381)
Percentage of pre-tax loss			33.00%	42.00%
State and Local Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Valuation allowance for deferred assets associated with state NOL carryforwards	$ 9,000		$ 9,000

Securities Financing Including Redeemable Preferred Stocks - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended	9 Months Ended
	Sep. 19, 2016	Sep. 30, 2016	Sep. 30, 2016
Class Of Stock [Line Items]
Liquidated damages percentage			0.25%
Additional liquidated damages percentage			0.25%
Maximum increase of liquidated damages			1.00%
Aggregate liquidated damages percentage			3.00%
Series E Redeemable Preferred Stock [Member]
Class Of Stock [Line Items]
Redemption of preferred stock, shares			(70,232)
Redemption of preferred stock			$ (70,232)
Preferred stock cumulative dividend rate			14.00%
Participating right in dividends and liquidating distributions expressed in number of common shares			303,646
Temporary equity, accretion to redemption value, adjustment		$ 9,300
Series E Redeemable Preferred Stock [Member] \| Basic [Member]
Class Of Stock [Line Items]
Temporary equity, accretion to redemption earning per share, reduction		$ 0.34	$ 0.34
Series E Redeemable Preferred Stock [Member] \| Diluted [Member]
Class Of Stock [Line Items]
Temporary equity, accretion to redemption earning per share, reduction		$ 0.37	$ 0.37
Series E Redeemable Preferred Stock [Member] \| Climate Control Group [Member]
Class Of Stock [Line Items]
Redemption of preferred stock, shares	70,232
Redemption of preferred stock	$ 80,000
Redeemable preferred stock, liquidation preference	$ 1,700
Liquidation preference per share	$ 1,000
Preferred Stock, Liquidation Preference, Value	$ 78,300
Preferred stock, shares outstanding	139,768
Series F Redeemable Preferred Stock [Member]
Class Of Stock [Line Items]
Common stock voting rights shares		456,225	456,225
Voting rights description			As of September 30 2016, the Series F Redeemable Preferred has voting rights (the “Series F Voting Rights”) to vote as a single class on all matters which the common stock have the right to vote and is entitled to a number of votes equal to 456,225 shares of our common stock.
Series E and Series F Redeemable Preferred Stock [Member]
Class Of Stock [Line Items]
Number of common shares into which warrants may be converted		4,103,746	4,103,746
Common stock, par value		$ 0.10	$ 0.10
Warrants exercised period			2016-05
Common stock issued, cashless exercise of warrants			4,103,746
Shares surrendered by holder in payment of exercise price			34,422

Securities Financing Including Redeemable Preferred Stocks - Summary of Redeemable Preferred Stock (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016
Stockholders Equity [Line Items]
Accumulated dividend		$ 22,351
Series E Redeemable Preferred Stock [Member]
Stockholders Equity [Line Items]
Beginning balance		$ 177,272
Beginning balance, shares		210,000
Accretion relating to liquidation preference on preferred stock		$ 11,475
Accretion for discount and issuance costs on preferred stock		5,145
Accumulated dividend	$ 7,372	22,351
Redemption of preferred stock		$ (70,232)
Redemption of preferred stock, shares		(70,232)
Dividends paid		$ (8,028)
Ending balance	$ 137,983	$ 137,983
Ending balance, shares	139,768	139,768
Series F Redeemable Preferred Stock [Member]
Stockholders Equity [Line Items]
Beginning balance, shares		1
Ending balance, shares	1	1

Related Party Transactions - Additional Information (Detail) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2015	Sep. 30, 2016	Sep. 30, 2015
Related Party Transaction [Line Items]
Dividends on preferred stocks	$ 75,000			$ 225,000	$ 300,000
Consulting fee		$ 425,000		135,000
Term of agreement		2 years
Sale of Life Insurance Policies	1,700,000
Golsen Group [Member]
Related Party Transaction [Line Items]
Dividends on preferred stocks			$ 300,000
Dividends declared	$ 0			$ 0

Supplemental Cash Flow Information - Additional Information Relating to Cash Flow Activities (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash payments (refunds) for:
Income taxes, net	$ 3,588	$ (3,648)
Noncash continuing investing and financing activities:
Accounts payable and accrued liabilities associated with additions of property, plant and equipment	15,685	59,566
Long-term debt associated with additions of capitalized internal-use software and software development	759	$ 2,233
Series E Redeemable Preferred Stock [Member]
Noncash continuing investing and financing activities:
Dividend accrued on redeemable preferred	14,323
Accretion of redeemable preferred	$ 4,911

Subsequent Events - Additional Information (Detail) - Subsequent Event [Member] - Climate Control Group [Member] - USD ($) $ in Millions	1 Months Ended	3 Months Ended
	Oct. 31, 2016	Dec. 31, 2016
Subsequent Event [Line Items]
Senior secured notes redeemed	$ 106.9
Scenario, Forecast [Member]
Subsequent Event [Line Items]
Loss on extinguishment of debt		$ 8.7
12% Senior Secured Notes Due 2019 [Member]
Subsequent Event [Line Items]
Senior secured notes redeemed	$ 50.0
Debt instrument, interest rate	12.00%
Redemption price	106.00%
7.75% Senior Secured Notes Due 2019 [Member]
Subsequent Event [Line Items]
Senior secured notes redeemed	$ 50.0
Debt instrument, interest rate	7.75%
Redemption price	103.875%