XML 46 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2013
Summary of Significant Accounting Policies  
Schedule of estimated useful lives of property, plant, and equipment

 

Leasehold improvements

 

Shorter of estimated useful life or remaining lease term

Buildings and improvements

 

31.5 years

Machinery & Equipment

 

7 -10 years

Furniture, fixtures, computers & software

 

3 - 7 years
Schedule of changes in the carrying amounts of goodwill (by segment)

Changes in the carrying amounts of goodwill (by segment) are as follows (in thousands):

 

 

 

Goodwill

 

 

 

Component
Products
Segment

 

Packaging
Segment

 

Total

 

Balance - January 1, 2013

 

$

5,021

 

$

2,018

 

$

7,039

 

PAC Acquisition - refinement of estimates in the initial purchase price allocation (see Note 18)

 

283

 

—

 

283

 

Balance - December 31, 2013

 

$

5,304

 

$

2,018

 

$

7,322

 

 
Schedule of share-based compensation cost charged against income for stock compensation plans

Share-based compensation cost that has been charged against income for stock compensation plans is as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

Selling, general, and administrative expenses

 

$

924

 

$

860

 

$

1,089

 
Schedule of assumptions used to determine the intrinsic fair market value of the options, using the Black Scholes valuation model

 

 

 

 

Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

Expected volatility

 

34.0% - 50.0%

 

56.90%

 

54.8% to 73.3%

 

Expected dividends

 

None

 

None

 

None

 

Risk-free interest rate

 

0.4% - 0.7%

 

0.39%

 

0.9% to 2.9%

 

Exercise price

 

Closing price on date of grant

 

Closing price on date of grant

 

Closing price on date of grant

 

Expected term

 

3.3 to 5.0 years

 

5 years

 

4.6 to 7.7 years

 

Weighted-average grant-date fair value

 

$5.84

 

$7.72

 

$5.75