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Significant Accounting Policies (Policies)
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Basis of Accounting, Policy [Policy Text Block]
Basis of Presentation
These condensed Consolidated Financial Statements contain unaudited information as of
March
 
31,
2017
and for the
three
months ended
March
 
31,
2017
and
2016.
The unaudited interim financial statements have been prepared pursuant to the rules and regulations for reporting on Form
10
-Q. Accordingly, certain disclosures required by accounting principles generally accepted in the United States of America for annual financial statements are not included herein. In management’s opinion, these unaudited financial statements reflect all adjustments (which include only normal recurring adjustments) necessary for a fair presentation of the information when read in conjunction with our
2016
audited Consolidated Financial Statements and the related notes thereto. The financial information as of
December
 
31,
2016
is derived from our Annual Report on Form
10
-K filed with the Securities and Exchange Commission on
February
 
28,
2017.
The interim condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and the notes thereto included in our
2016
Annual Report on Form
10
-K. The results of operations for the interim periods presented are not necessarily indicative of the results to be expected for the full year.
Reclassification, Policy [Policy Text Block]
Reclassifications
Certain reclassifications of amounts previously reported have been made to the accompanying condensed Consolidated Financial Statements to maintain consistency and comparability between periods presented. This reclassification was related to our adoption of ASU
2016
-
09,
"Compensation - Stock Compensation - Improvements to Employee Share-Based Payment Accounting." Specifically, we reclassified the presentation of excess tax benefits on our Consolidated Statements of Cash Flows and recorded reclassifications between additional paid-in capital and retained earnings. See also Note
11.
New Accounting Pronouncements, Policy [Policy Text Block]
In
May
2014,
the Financial Accounting Standards Board ("FASB") issued accounting standards update ("ASU")
2014
-
09,
"Revenue from Contracts with Customers," which amends the accounting guidance related to revenues. This amendment will replace most of the existing revenue recognition guidance when it becomes effective. The new standard, as amended in
July
2015,
is effective for fiscal years beginning after
December
15,
2017
and entities are allowed to adopt the standard as early as annual periods beginning after
December
15,
2016,
and interim periods therein. The standard permits the use of either the retrospective or cumulative effect transition method. We have evaluated the effect this amendment has on our most significant types of transactions and expect the timing of our revenue recognition to generally remain the same. We plan to apply a cumulative effect transition method at adoption.
 
In
February
2016,
the FASB issued ASU
2016
-
02,
"Leases." ASU
2016
-
02
increases transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and requires disclosing key information about leasing arrangements. ASU
2016
-
02
is effective for annual periods beginning after
December
15,
2018,
and interim periods within those annual periods. We are evaluating the effect this pronouncement will have on our consolidated financial statements and related disclosures.
 
In
March
2016,
the FASB issued ASU
2016
-
09,
"Compensation - Stock Compensation - Improvements to Employee Share-Based Payment Accounting." ASU
2016
-
09
simplifies the accounting for several aspects of share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. In
January
2017,
we adopted this new guidance. As a result of this adoption, we recorded the following cumulative effects:
 
Reclassified
$168,192
as a decrease to additional paid-in capital and an increase to retained earnings related to our policy election to record forfeitures as they occur.
 
All prior periods presented in our Consolidated Statements of Cash Flow have been adjusted for the presentation of excess tax benefits on the cash flow statement.
 
In
August
2016,
the FASB issued ASU
2016
-
15,
"Classification of Certain Cash Receipts and Cash Payments." ASU
2016
-
15
provides guidance for
eight
cash flow classification issues to reduce diversity in practice. The clarification includes guidance on items such as debt prepayment or debt extinguishment cost, contingent consideration payment made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of corporate-owned life insurance policies and distributions received from equity method investees. ASU
2016
-
15
is effective for annual periods beginning after
December
15,
2017,
and interim periods within those annual periods. Early adoption is permitted. We are evaluating the effect this pronouncement will have on our consolidated financial statements and related disclosures.
 
In
January
2017,
the FASB issued ASU
2017
-
04,
"Intangibles - Goodwill and Other (Topic
350)
- Simplifying the Test for Goodwill Impairment." ASU
2017
-
04
simplifies the subsequent measurement of goodwill by eliminating Step
2
from the goodwill impairment test. An entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount, and recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value, if applicable. The loss recognized should not exceed the total amount of goodwill allocated to the reporting unit. The same impairment test also applies to any reporting unit with a
zero
or negative carrying amount. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. ASU
2017
-
04
is effective for fiscal years, including interim periods within those fiscal years, beginning after
December
15,
2019,
on a prospective basis. Early adoption is permitted for interim or annual goodwill impairment tests performed after
January
1,
2017.
We do not expect the adoption of ASU
2017
-
04
to have a material effect on our financial position, results of operations or cash flows.