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Note 8 - Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

Derivatives

Balance Sheet

Location

 

December 31,
2015
Liabilities at Fair Value

   

December 31,
2014
Liabilities at Fair Value

 
                   

Foreign currency forward contracts designated as cash flow hedges

Derivative instruments

  $ (1,721,683

)

  $ (946,676

)

                   

Foreign currency forward contracts not designated as cash flow hedges

Derivative instruments

  $ (305,403

)

  $ (169,129

)

                   

Total foreign currency forward contracts

Derivative instruments

  $ (2,027,086

)

  $ (1,115,805

)

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

Gains and losses on cash flow hedges

   

Tax impact

   

Total AOCI

 
                         

Opening AOCI balance – December 31, 2014

  $ (946,676 )   $ 324,235     $ (622,441 )
                         

Other comprehensive income (loss) before reclassifications

    (3,171,740 )     1,140,275       (2,031,465 )

Amount reclassified from accumulated other comprehensive income

    2,396,733       (852,279 )     1,544,454  

Other comprehensive income (loss) for the year ended December 31, 2015

    (775,007 )     287,996       (487,011 )
                         

Ending AOCI balance – December 31, 2015

  $ (1,721,683 )   $ 612,231     $ (1,109,452 )
   

Gains and losses on cash flow hedges

   

Tax impact

   

Total AOCI

 
                         

Opening AOCI balance – December 31, 2013

  $ (372,593 )   $ 127,612     $ (244,981 )
                         

Other comprehensive income (loss) before reclassifications

    (1,527,171 )     523,056       (1,004,115 )

Amount reclassified from accumulated other comprehensive income

    953,088       (326,433 )     626,655  

Other comprehensive income (loss) for the year ended December 31, 2014

    (574,083 )     196,623       (377,460 )
                         

Ending AOCI balance – December 31, 2014

  $ (946,676 )   $ 324,235     $ (622,441 )
Derivative Instruments, Gain (Loss) [Table Text Block]

Derivatives in Cash Flow 

Hedging Relationship

 

Amount of Gain or (Loss) Recognized in OCI, net of tax, on Derivative (Effective Portion)

 

Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)

 

Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income, net of tax, (Effective Portion)

 

Location of Gain or (Loss) Recognized in Income on Derivative (ineffective Portion and Amount Excluded from Effectiveness Testing)

 

Amount of Gain or (Loss) Recognized in Income on Derivative (ineffective Portion and Amount Excluded from Effectiveness), net of tax

 
                             
         

Operating expenses

  $ (1,205,554 )          

Foreign currency forward contracts – year ended December 31, 2015

  $ (487,011 )

Cost of revenues

    (338,900 )

Operating expenses

  $ (189,526 )
                             
         

Operating expenses

    (463,160 )          

Foreign currency forward contracts – year ended December 31, 2014

    (377,460 )

Cost of revenues

    (163,495 )

Operating expenses

    (13,535 )