Recently Issued Accounting Pronouncements	3 Months Ended
Mar. 31, 2017
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	*NOTE 15 – RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS* Effective January 2017, we prospectively adopted Accounting Standards Update (ASU) 2016-09, Improvements to Employee Share-based Payment Accounting which amends ASC Topic 718, Compensation Stock Compensation. The Standard requires recognition of the excess tax benefits or deficiencies of share-based compensation awards to employees through net income rather than additional paid in capital. The calculation of excess tax benefits or deficiencies is based on the difference between market value of an award at the vesting or at the time of exercise compared to the grant date fair value recognized as compensation expense in the consolidated statements of income. The Company expects the effective tax rate including stock compensation to vary quarter to quarter depending on the amount of pre-tax net income and on the timing of the stock option exercises. The Company has elected to restate prior period comparatives for cash flow purposes. Additionally, the guidance allows for an election to account for forfeitures related to share based payments either as they occur or an estimation method. We elected to calculate share-based compensation using actual forfeitures. This has not had a significant impact on our financial reporting. In February 2016, the FASB issued Accounting Standards Update (ASU) 2016-02, Revision to Lease Accounting, which amends ASC Topic 842, Leases. The ASU requires lessees to recognize a right-of-use asset and a lease liability for virtually all of their leases (other than leases that meet the definition of a short-term lease). The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The new standard 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. The Company has not yet determined the effect of the standard on its ongoing financial reporting. In May 2014, the FASB issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers ASC Topic 606, which amends the existing accounting standards for revenue recognition. ASU 2014-09 is based on principles that govern the recognition of revenue at an amount an entity expects to be entitled when products are transferred to customers. The original effective date for ASU 2014-09 was for annual and interim periods within those years beginning after December 15, 2016. In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers – Deferral of the Effective Date, which defers the effective date of ASU 2014-09 for one year and permits early adoption as early as the original effective date of ASU 2014-09. The new revenue standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. The Company has been evaluating the potential timing and impact of adopting the new revenue standard on its consolidated financial statements and has not yet determined the effect of the standard on its ongoing financial reporting.

NOTE 15 – RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

Effective January 2017, we prospectively adopted Accounting Standards Update (ASU) 2016-09, Improvements to Employee Share-based Payment Accounting which amends ASC Topic 718, Compensation Stock Compensation. The Standard requires recognition of the excess tax benefits or deficiencies of share-based compensation awards to employees through net income rather than additional paid in capital. The calculation of excess tax benefits or deficiencies is based on the difference between market value of an award at the vesting or at the time of exercise compared to the grant date fair value recognized as compensation expense in the consolidated statements of income. The Company expects the effective tax rate including stock compensation to vary quarter to quarter depending on the amount of pre-tax net income and on the timing of the stock option exercises. The Company has elected to restate prior period comparatives for cash flow purposes. Additionally, the guidance allows for an election to account for forfeitures related to share based payments either as they occur or an estimation method. We elected to calculate share-based compensation using actual forfeitures. This has not had a significant impact on our financial reporting.

In February 2016, the FASB issued Accounting Standards Update (ASU) 2016-02, Revision to Lease Accounting, which amends ASC Topic 842, Leases. The ASU requires lessees to recognize a right-of-use asset and a lease liability for virtually all of their leases (other than leases that meet the definition of a short-term lease). The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The new standard 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. The Company has not yet determined the effect of the standard on its ongoing financial reporting.

In May 2014, the FASB issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers ASC Topic 606, which amends the existing accounting standards for revenue recognition. ASU 2014-09 is based on principles that govern the recognition of revenue at an amount an entity expects to be entitled when products are transferred to customers. The original effective date for ASU 2014-09 was for annual and interim periods within those years beginning after December 15, 2016. In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers – Deferral of the Effective Date, which defers the effective date of ASU 2014-09 for one year and permits early adoption as early as the original effective date of ASU 2014-09. The new revenue standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. The Company has been evaluating the potential timing and impact of adopting the new revenue standard on its consolidated financial statements and has not yet determined the effect of the standard on its ongoing financial reporting.