Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value, by Balance Sheet Grouping [Table Text Block]

The following tables detail amounts related to our derivatives designated as hedging instruments as of December 31, 2016:



	Fair Values of Derivatives Instruments
	Asset Derivatives		Liability Derivatives
	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value
Foreign exchange contracts	Prepaid expense other current assets	—	Accrued liabilities other	$	303,000
Notional contract values		—		$	6,502,000

The Company had no derivatives designated as hedging instruments as of December 31, 2015.

Effect of derivative instruments on income

The following tables summarize the amount of unrealized / realized gain and loss recognized in Accumulated Comprehensive Income (AOCI) for the years ended December 31, 2016, 2015 and 2014:



Derivatives in subtopic 815-20 Cash Flow Hedging Relationship	Amount of Unrealized Gain or (Loss) Recognized in Accumulated other Comprehensive Income on Derivative			Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income^(A)	Amount of Realized Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income
	2016	2015	2014		2016	2015	2014
Foreign exchange contracts	$(289,000)	—	—	Cost of goods sold	$12,000	—	—
Foreign exchange contracts	$(289,000)	—	—	Sales, general and administrative expense	$2,000	—	—