v2.4.1.9
Summary of significant accounting policies (Tables)
 3 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Schedule Of Property, Plant And Equipment Estimated Useful Lives [Table Text Block]
Depreciation is computed on a straight-line basis, based on the following estimated useful lives:
 
Buildings
 
20 years
Machinery and equipment
 
10 years
Furniture and fixtures
 
10 years
Office equipment and software
 
5 years
Vehicles
 
5 years
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of the basic and diluted earnings per share for the three-month periods ended March 31, 2015 and 2014:
 
Numerator for basic and diluted earnings per shares
 
 
 
 
 
 
 
Net Income
 
$
9,881
 
$
(4,681)
 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
Denominator for basic earnings per ordinary share - weighted average shares outstanding
 
 
24,801,132
 
 
24,242,315
 
Effect of dilutive warrants and earnout shares
 
 
3,313,119
 
 
-
 
Denominator for diluted earnings per ordinary share - weighted average shares outstanding
 
 
28,114,251
 
 
24,242,315
 
 
 
 
 
 
 
 
 
Basic earnings per ordinary share
 
$
0.40
 
$
(0.20)
 
Diluted earnings per ordinary share
 
$
0.35
 
$
(0.20)