XML 35 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2017
Stockholders' Equity Note [Abstract]  
Comprehensive Income (Loss) [Table Text Block]
Comprehensive income for the three and six months ended June 30, 2017 and 2016, was as follows:
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
 
 
 
 
 
 
 
Net earnings
 
$
1,303
 
$
1,078
 
$
3,418
 
$
3,710
 
Foreign currency translation adjustments
 
 
533
 
 
(312)
 
 
1,220
 
 
961
 
Pension liability, net of tax of $56, $186, $102, and $327, respectively
 
 
88
 
 
290
 
 
161
 
 
511
 
Total comprehensive income
 
$
1,924
 
$
1,056
 
$
4,799
 
$
5,182
 
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:
 
 
 
June 30,
 
December 31,
 
 
 
2017
 
2016
 
 
 
(Dollars in thousands)
 
Foreign currency translation adjustments
 
$
(4,571)
 
$
(5,489)
 
Pension liability, net of tax
 
 
(10,919)
 
 
(11,080)
 
Total accumulated other comprehensive loss
 
$
(15,490)
 
$
(16,569)
 
Changes In Accumulated Other Comprehensive Loss [Table Text Block]
The following presents a tabular disclosure about changes in accumulated other comprehensive loss during the six months ended June 30, 2017:
 
 
 
Foreign Currency Translation
 
 
 
 
 
 
 
Adjustments
 
Defined Benefit Pension   Items
 
Total
 
Beginning balance, December 31, 2016
 
$
(5,489)
 
$
(11,080)
 
$
(16,569)
 
Other comprehensive income before reclassifications
 
 
918
 
 
-
 
 
918
 
Amounts reclassified from accumulated other comprehensive loss
 
 
-
 
 
161
 
 
161
 
Net current period other comprehensive income
 
 
918
 
 
161
 
 
1,079
 
Ending balance, June 30, 2017
 
$
(4,571)
 
$
(10,919)
 
$
(15,490)
 
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 six months ended June 30, 2017:
 
 
 
Amounts reclassified from accumulated other
 
 
 
 
 
comprehensive loss for the six months ended June
 
 
Affected line item in the statement where net income is
 
 
30, 2017
 
 
presented
Amortization of defined benefit pension items
 
 
 
 
 
 
Prior service cost
 
$
(31)
(1)
 
Other expense, net
Actuarial losses
 
 
294
(1)
 
Other expense, net
Total before tax
 
 
263
 
 
 
Tax benefit
 
 
(102)
 
 
 
Net of tax
 
$
161
 
 
 
 
(1)
These amounts were included in net periodic benefit cost. See Note 8 for additional details.