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Investments
12 Months Ended
Dec. 31, 2016
Investments [Abstract]  
Investments

3. Investments



Minda Stoneridge Instruments Ltd.



The Company has a 49% interest in Minda, a company based in India that manufactures electronics, instrumentation equipment and sensors for the motorcycle and commercial vehicle markets.  The investment is accounted for under the equity method of accounting. The Company’s investment in Minda, recorded as a component of investments and other long-term assets, net on the consolidated balance sheets, was $7,952 and $6,929 as of December 31, 2016 and 2015, respectively. Equity in earnings of Minda included in the consolidated statements of operations were $1,233,  $608 and $815 for the years ended December 31, 2016, 2015 and 2014, respectively. 



PST Eletrônica Ltda.



The Company has a 74% controlling interest in PST for the years ended December 31, 2016, 2015 and 2014. Noncontrolling interest in PST increased by $452 to $13,762 at December 31, 2016 due to a proportionate share of its net loss of $1,887 for the year ended December 31, 2016 and a favorable change in foreign currency translation of $2,339. Noncontrolling interest in PST decreased by $9,240 to $13,310 at December 31, 2015 due to a proportionate share of its net loss of $2,207 for the year ended December 31, 2015 and an unfavorable change in foreign currency translation of $7,033.  Noncontrolling interest in PST decreased by $16,990 to $22,540 at December 31, 2014 due to a proportionate share of its net loss of $13,483 including goodwill impairment for the year ended December 31, 2014 and an unfavorable change in foreign currency translation of $3,507. 



Comprehensive gain (loss) related to PST noncontrolling interest was $452, $(9,240) and $(16,990) for the years ended December 31, 2016, 2015 and 2014, respectively



PST has dividends payable declared in previous years to noncontrolling interest of $10,842 Brazilian real ($3,327) and $10,842 Brazilian real ($2,777) at December 31, 2016 and 2015, respectively.