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INVESTMENTS (Tables) | 9 Months Ended
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Sep. 30, 2016
Grupo Vasconia S.A.B. |
Summarized Statement of Income Information for Vasconia in USD and MXN | A summarized statement of income information for Vasconia in USD and MXN is as follows:
|  | Three Months Ended |
|  | September 30, |
|  | 2016 |  |  | 2015 |
|  | (in thousands) |
|  | USD |  |  | MXN |  |  | USD |  |  | MXN |
Net sales |  | $ | 34,416 |  |  | $ | 644,788 |  |  | $ | 42,759 |  |  | $ | 701,631 |
Gross profit |  |  | 5,736 |  |  |  | 107,474 |  |  |  | 7,755 |  |  |  | 127,258 |
Income from operations |  |  | 630 |  |  |  | 11,798 |  |  |  | 2,134 |  |  |  | 35,012 |
Net income (loss) |  |  | (215 | ) |  |  | (4,020 | ) |  |  | 1,210 |  |  |  | 19,859 |
|  | Nine Months Ended |
|  | September 30, |
|  | 2016 |  |  | 2015 |
|  | (in thousands) |
|  | USD |  |  | MXN |  |  | USD |  |  | MXN |
Net Sales |  | $ | 109,594 |  |  | $ | 2,002,137 |  |  | $ | 139,748 |  |  | $ | 2,169,538 |
Gross Profit |  |  | 18,601 |  |  |  | 339,808 |  |  |  | 27,838 |  |  |  | 431,333 |
Income from operations |  |  | 3,626 |  |  |  | 65,933 |  |  |  | 8,742 |  |  |  | 135,210 |
Net Income |  |  | 521 |  |  |  | 9,274 |  |  |  | 4,774 |  |  |  | 73,981 |

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 + Details
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- Details
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