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Comprehensive Income
 6 Months Ended
Jun. 30, 2016
Stockholders' Equity Note [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
11.
Comprehensive Income
 
Comprehensive income for the three and six months ended June 30, 2016 and 2015, was as follows:
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
 
Net earnings
 
$
1,078
 
$
2,085
 
$
3,710
 
$
5,677
 
Foreign currency translation adjustments
 
 
(312)
 
 
97
 
 
961
 
 
(1,500)
 
Pension liability, net of tax of $186, $173, $327, and $347, respectively
 
 
290
 
 
272
 
 
511
 
 
543
 
Total comprehensive income
 
$
1,056
 
$
2,454
 
$
5,182
 
$
4,720
 
 
The components of accumulated other comprehensive loss as recorded on the Consolidated Condensed Balance Sheets (Unaudited) were as follows:
 
 
 
June 30,
 
December 31,
 
 
 
2016
 
2015
 
 
 
(Dollars in thousands)
 
Foreign currency translation adjustments
 
$
(4,848)
 
$
(5,691)
 
Pension liability, net of tax
 
 
(12,265)
 
 
(12,776)
 
Total accumulated other comprehensive loss
 
$
(17,113)
 
$
(18,467)
 
 
The following presents a tabular disclosure about changes in accumulated other comprehensive loss during the six months ended June 30, 2016:
 
 
 
Foreign
Currency
Translation
Adjustments
 
Defined
Benefit
Pension
Items
 
Total
 
Beginning balance, December 31, 2015
 
$
(5,691)
 
$
(12,776)
 
$
(18,467)
 
Other comprehensive loss before reclassifications
 
 
843
 
 
-
 
 
843
 
Amounts reclassified from accumulated other comprehensive loss
 
 
-
 
 
511
 
 
511
 
Net current period other comprehensive income
 
 
843
 
 
511
 
 
1,354
 
Ending balance, June 30, 2016
 
$
(4,848)
 
$
(12,265)
 
$
(17,113)
 
 
 
The following presents a tabular disclosure about reclassification adjustments out of accumulated other comprehensive loss during the six months ended June 30, 2016:
 
 
 
Amounts reclassified
from accumulated other
comprehensive loss for
the six months ended
June 30, 2016
 
Affected line item in the
statement where net
income is presented
 
Amortization of defined benefit pension items
 
 
 
 
 
 
 
Prior service cost
 
$
(57)
 
 
(1)
 
Actuarial losses
 
 
895
 
 
(1)
 
Total before tax
 
 
838
 
 
 
 
Tax benefit
 
 
(327)
 
 
 
 
Net of tax
 
$
511
 
 
 
 
 
(1)
These amounts were included in the computation of net periodic pension cost. See Note 6 for additional details.