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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

Income tax expense consisted of the following:

		December 31,
		2016				2015				2014
		(in thousands)
Federal Income Tax:
Current		$	5,788			$	6,155			$	5,674
Deferred			(311	)			31				(9	)
State Income Tax:
Current			652				601				550
Deferred			(23	)			2				4
Foreign Income Tax:
Current			791				797				625
Deferred			78				17				150
Income Tax Expense		$	6,975			$	7,603			$	6,994

Schedule of Effective Income Tax Rate Reconciliation

		December 31,
		2016				2015				2014
		(in thousands)
Computed Statutory Income Tax Expense		$	7,475			$	8,193			$	7,159
State Income Tax, Net of Federal Tax Benefit			386				360				318
Foreign Tax Rate Differential			(592	)			(607	)			(469	)
Manufacturing Deduction			(385	)			(423	)			(381	)
Impact of Foreign Dividend			—				—				296
Increase/(Reduction) in Tax Uncertainties			(70	)			3				3
Valuation Allowance for Foreign Loss Carryover			70				—				—
Other - Net			91				77				68
Income Tax Expense		$	6,975			$	7,603			$	6,994

Schedule of Deferred Tax Assets and Liabilities

		December 31,
		2016				2015
		(in thousands)
Deferred Tax Assets:
Compensation Assets		$	151			$	133
Inventory Valuation			482				490
Accounts Receivable Valuation			344				325
Deferred Litigation Costs			37				44
Foreign Net Operating Losses			70				87
Valuation Allowance for Loss Carryover			(70	)			—
Other			265				207
Compensation Liabilities			796				522
Total Deferred Assets		$	2,075			$	1,808
Deferred Tax Liabilities:
Prepaid Expenses			(655	)			(527	)
Depreciation and Amortization			(1,546	)			(1,535	)
Total Deferred Liabilities		$	(2,201	)		$	(2,062	)
Total Deferred Tax Liability		$	(126	)		($	254	)

Schedule of Reconciliation of Unrecognized Tax Benefits

The following is a tabular reconciliation of the total amounts of unrecognized tax benefits for the year:

		December 31,
		2016				2015
Beginning Unrecognized Tax Benefits –		$	110			$	105
Current Year – Increases			—				—
Current Year – Decreases			—				—
Current Year – Interest/Penalties			4				5
Expired Statutes			(114	)			—
Ending Unrecognized Tax Benefits –		$	—			$	110

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32687-109319

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