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Comprehensive Income
 9 Months Ended
Sep. 30, 2016
Stockholders' Equity Note [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
11.
Comprehensive Income
 
Comprehensive income for the three and nine months ended September 30, 2016 and 2015, was as follows:
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
 
Net earnings
 
$
4,701
 
$
5,377
 
$
8,411
 
$
11,054
 
Foreign currency translation adjustments
 
 
261
 
 
(1,609)
 
 
1,222
 
 
(3,109)
 
Pension liability, net of tax of $163, $174, $490 and $520, respectively
 
 
256
 
 
272
 
 
767
 
 
815
 
Total comprehensive income
 
$
5,218
 
$
4,040
 
$
10,400
 
$
8,760
 

The components of accumulated other comprehensive loss as recorded in the Consolidated Condensed Balance Sheets (Unaudited) were as follows:
 
 
 
September 30,
 
December 31,
 
 
 
2016
 
2015
 
 
 
(Dollars in thousands)
 
Foreign currency translation adjustments
 
$
(4,721)
 
$
(5,691)
 
Pension liability, net of tax
 
 
(12,009)
 
 
(12,776)
 
Total accumulated other comprehensive loss
 
$
(16,730)
 
$
(18,467)
 
 
The following presents a tabular disclosure about changes in accumulated other comprehensive loss during the nine months ended September 30, 2016:
 
 
 
Foreign
Currency
Translation
Adjustments
 
Defined
Benefit
Pension
Items
 
Total
 
Beginning balance, December 31, 2015
 
$
(5,691)
 
$
(12,776)
 
$
(18,467)
 
Other comprehensive income before reclassifications
 
 
970
 
 
-
 
 
970
 
Amounts reclassified from accumulated other comprehensive loss
 
 
-
 
 
767
 
 
767
 
Net current period other comprehensive income
 
 
970
 
 
767
 
 
1,737
 
Ending balance, September 30, 2016
 
$
(4,721)
 
$
(12,009)
 
$
(16,730)
 
 
The following presents a tabular disclosure about reclassification adjustments out of accumulated other comprehensive loss during the nine months ended September 30, 2016:
 
 
 
Amounts reclassified
from accumulated other
comprehensive loss for
the nine months ended
September 30, 2016
 
Affected line item in the
statement where net
income is presented
 
Amortization of defined benefit pension items
 
 
 
 
 
 
 
Prior service cost
 
$
(84)
 
 
(1)
 
Actuarial losses
 
 
1,341
 
 
(1)
 
Total before tax
 
 
1,257
 
 
 
 
Tax benefit
 
 
(490)
 
 
 
 
Net of tax
 
$
767
 
 
 
 
 
(1)
These amounts were included in the computation of net periodic pension cost. See Note 6 for additional details.