Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2015

Stockholders' Equity Note [Abstract]

Comprehensive Income (Loss) [Table Text Block]

Comprehensive income for the three months ended March 31, 2015 and 2014, was as follows:

	Three Months Ended March 31,
	2015		2014
	(Dollars in thousands)

Net earnings	$	3,592	$	3,250
Foreign currency translation adjustments		(1,597)		84
Pension liability, net of tax of $174 and $77, respectively		271		120
Total comprehensive income	$	2,266	$	3,454

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The components of accumulated other comprehensive loss as recorded on the Consolidated Condensed Balance Sheets (Unaudited) were as follows:

	March 31,		December 31,
	2015		2014
	(Dollars in thousands)
Foreign currency translation adjustments	$	(4,231)	$	(2,894)
Pension liability, net of tax		(14,865)		(15,136)
Total accumulated other comprehensive loss	$	(19,096)	$	(18,030)

Changes In Accumulated Other Comprehensive Loss [Table Text Block]

The following presents a tabular disclosure about changes in accumulated other comprehensive loss during the three months ended March 31, 2015:

	Foreign Currency Translation Adjustments		Defined Benefit Pension Items		Total
Beginning balance, December 31, 2014	$	(2,894)	$	(15,136)	$	(18,030)
Other comprehensive loss before reclassifications		(1,337)		-		(1,337)
Amounts reclassified from accumulated other comprehensive loss		-		271		271
Net current period other comprehensive (loss) income		(1,337)		271		(1,066)
Ending balance, March 31, 2015	$	(4,231)	$	(14,865)	$	(19,096)

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The following presents a tabular disclosure about reclassification adjustments out of accumulated other comprehensive loss during the three months ended March 31, 2015:

	Amounts reclassified from accumulated other comprehensive loss for the three months ended March 31, 2015		Affected line item in the statement where net income is presented
Amortization of defined benefit pension items
Prior service cost	$	(28)	⁽¹⁾
Actuarial losses		473	⁽¹⁾
Total before tax		445
Tax benefit		(174)
Net of tax	$	271

⁽¹⁾

These amounts were included in the computation of net periodic pension cost. See Note 6 for additional details.