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Note 9 - Accumulated Other Comprehensive Loss
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Other Comprehensive Income, Noncontrolling Interest [Text Block]
9.
Accumulated Other Comprehensive Loss:
 
In
June
2012,
the Company entered into a forward starting fixed rate interest rate hedge commencing
July
2013
in order to eliminate the variability of cash interest payments on
$53.2
million of the outstanding LIBOR-based borrowings under the ABL Credit Facility. The hedge matured on
June
1,
2016
and the notional amount was reduced monthly by
$0.7
million. The balance as of
December
31,
2015
was
$31.4
million. The fixed rate interest rate hedge was accounted for as a cash flow hedging instrument for accounting purposes. The fair value of the interest rate hedge was included in “Accumulated other comprehensive loss” on the Consolidated Balance Sheets at
December
31,
2015.