Note 14 - Restructuring

6 Months Ended

Jun. 30, 2018

Restructuring and Related Activities Disclosure [Text Block]

14 .	Restructuring

March 2018,

the Company announced its plans to close its leased Permalok® manufacturing facility in Salt Lake City, Utah and move the production to the Permalok® production facility in St. Louis, Missouri, which was completed during the

second

quarter of

2018.

Also in

March 2018,

the Company announced its plans to close its manufacturing facility in Monterrey, Mexico, and ceased production early in the

second

quarter of

2018.

The Company incurred restructuring expense of

$0.8

million and

$1.1

million during the

three

and

six

months ended

June

30,

2018,

which includes employee severance and termination related restructuring expense of

$0.4

million and

$0.6

million, respectively, and expense related to demobilization activities of

$0.4

million and

$0.5

million, respectively. The Company expects to incur additional restructuring expense of

$0.1

million related to employee severance and termination which will result in future cash outlays.

October 2016,

the Company sold the Denver, Colorado facility and leased the property back from the buyer through

March

2017

in order to conclude production at the facility, complete final shipments and transfer certain equipment assets to other Company facilities. The Company incurred restructuring expense of

$0.9

million during the

six

months ended

June

30,

2017

related to demobilization activities. The Company completed the demobilization project and vacated the facility in the

first

quarter of

2017

and there were

restructuring expenses in the

three

months ended

June

30,

2017.