XML 10 R6.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common stock
Paid-in capital
Retained earnings
Accumulated other comprehensive loss
Beginning Balance (in shares) at Dec. 31, 2017   14,903,000      
Balance at beginning of year at Dec. 31, 2017 $ 210,279 $ 149 $ 178,909 $ 60,546 $ (29,325)
Comprehensive loss:          
Net (loss) income (11,598)     (11,598)  
Translation adjustment 3,380       3,380
Derivative fair value adjustment (14)       (14)
Effect of retirement benefit obligations 18       18
Comprehensive (loss) income $ (8,214)        
Issuance of 5,593,116 shares of common stock for acquisition of Filament, net of equity issuance costs (in shares) 5,593,116 5,593,000      
Issuance of 5,593,116 shares of common stock for acquisition of Filament, net of equity issuance costs $ 75,976 $ 56 75,920    
Restricted shares issued to directors (in shares)   3,000      
Net issuance of restricted shares to employees (in shares)   126,000      
Net issuance of restricted shares to employees   $ 1 (1)    
Stock compensation expense 838   838    
Shares effectively repurchased for required employee withholding taxes (in shares)   (19,000)      
Shares effectively repurchased for required employee withholding taxes (258)   (258)    
Dividends [1] (880)     (880)  
Ending Balance (in shares) at Mar. 31, 2018   20,606,000      
Balance at end of year at Mar. 31, 2018 277,741 $ 206 255,408 48,068 (25,941)
Beginning Balance (in shares) at Dec. 31, 2017   14,903,000      
Balance at beginning of year at Dec. 31, 2017 210,279 $ 149 178,909 60,546 (29,325)
Comprehensive loss:          
Net (loss) income (11,707)        
Translation adjustment (1,985)        
Derivative fair value adjustment (658)        
Effect of retirement benefit obligations 54        
Comprehensive (loss) income (14,296)        
Ending Balance (in shares) at Sep. 30, 2018   20,762,000      
Balance at end of year at Sep. 30, 2018 272,010 $ 208 257,547 46,169 (31,914)
Beginning Balance (in shares) at Mar. 31, 2018   20,606,000      
Balance at beginning of year at Mar. 31, 2018 277,741 $ 206 255,408 48,068 (25,941)
Comprehensive loss:          
Net (loss) income (6,057)     (6,057)  
Translation adjustment (5,489)       (5,489)
Derivative fair value adjustment (263)       (263)
Effect of retirement benefit obligations 17       17
Comprehensive (loss) income (11,792)        
Filament net equity issuance costs adjustment (6)   (6)    
Restricted shares issued to directors (in shares)   54,000      
Net issuance of restricted shares to employees (in shares)   93,000      
Net issuance of restricted shares to employees   $ 1 (1)    
Stock compensation expense 921   921    
Shares effectively repurchased for required employee withholding taxes (in shares)   (12,000)      
Shares effectively repurchased for required employee withholding taxes (140)   (140)    
Dividends [1] (885)     (885)  
Ending Balance (in shares) at Jun. 30, 2018   20,741,000      
Balance at end of year at Jun. 30, 2018 265,839 $ 207 256,182 41,126 (31,676)
Comprehensive loss:          
Net (loss) income 5,948     5,948  
Translation adjustment 124       124
Derivative fair value adjustment (381)       (381)
Effect of retirement benefit obligations 19       19
Comprehensive (loss) income 5,710        
Net issuance of restricted shares to employees (in shares)   25,000      
Net issuance of restricted shares to employees 1 $ 1      
Stock compensation expense 1,268   1,268    
Net exercise of stock options 142   142    
Shares effectively repurchased for required employee withholding taxes (in shares)   (4,000)      
Shares effectively repurchased for required employee withholding taxes (45)   (45)    
Dividends [1] (905)     (905)  
Ending Balance (in shares) at Sep. 30, 2018   20,762,000      
Balance at end of year at Sep. 30, 2018 272,010 $ 208 257,547 46,169 (31,914)
Beginning Balance (in shares) at Dec. 31, 2018   20,764,000      
Balance at beginning of year at Dec. 31, 2018 279,493 $ 208 258,637 55,264 (34,616)
Comprehensive loss:          
Net (loss) income (4,867)     (4,867)  
Translation adjustment 1,306       1,306
Derivative fair value adjustment 596       596
Effect of retirement benefit obligations 13       13
Comprehensive (loss) income (2,952)        
Net issuance of restricted shares to employees (in shares)   169,000      
Net issuance of restricted shares to employees   $ 1 (1)    
Stock compensation expense 900   900    
Net exercise of stock options (in shares)   19,000      
Shares effectively repurchased for required employee withholding taxes (in shares)   (25,000)      
Shares effectively repurchased for required employee withholding taxes (232)   (232)    
Dividends [2] (898)     (898)  
Ending Balance (in shares) at Mar. 31, 2019   20,927,000      
Balance at end of year at Mar. 31, 2019 276,311 $ 209 259,304 49,499 (32,701)
Beginning Balance (in shares) at Dec. 31, 2018   20,764,000      
Balance at beginning of year at Dec. 31, 2018 279,493 $ 208 258,637 55,264 (34,616)
Comprehensive loss:          
Net (loss) income (29,899)        
Translation adjustment (4,032)        
Derivative fair value adjustment 1,729        
Effect of retirement benefit obligations 38        
Comprehensive (loss) income $ (32,164)        
Net exercise of stock options (in shares) 75,000        
Ending Balance (in shares) at Sep. 30, 2019   21,256,000      
Balance at end of year at Sep. 30, 2019 $ 247,925 $ 213 261,959 22,634 (36,881)
Beginning Balance (in shares) at Mar. 31, 2019   20,927,000      
Balance at beginning of year at Mar. 31, 2019 276,311 $ 209 259,304 49,499 (32,701)
Comprehensive loss:          
Net (loss) income (11,513)     (11,513)  
Translation adjustment (2,953)       (2,953)
Derivative fair value adjustment 982       982
Effect of retirement benefit obligations 12       12
Comprehensive (loss) income (13,472)        
Restricted shares issued to directors (in shares)   61,000      
Restricted shares issued to directors   $ 1 (1)    
Net issuance of restricted shares to employees (in shares)   250,000      
Net issuance of restricted shares to employees   $ 3 (3)    
Stock compensation expense 1,186   1,186    
Net exercise of stock options (in shares)   34,000      
Net exercise of stock options 133   133    
Shares effectively repurchased for required employee withholding taxes (in shares)   (17,000)      
Shares effectively repurchased for required employee withholding taxes (158)   (158)    
Dividends [2] (896)     (896)  
Ending Balance (in shares) at Jun. 30, 2019   21,255,000      
Balance at end of year at Jun. 30, 2019 263,104 $ 213 260,461 37,090 (34,660)
Comprehensive loss:          
Net (loss) income (13,519)     (13,519)  
Translation adjustment (2,385)       (2,385)
Derivative fair value adjustment 151       151
Effect of retirement benefit obligations 13       13
Comprehensive (loss) income (15,740)        
Restricted shares issued to directors (in shares)   1,000      
Restricted shares issued to directors 0        
Net issuance of restricted shares to employees 1,498   1,498    
Dividends [2] (937)     (937)  
Ending Balance (in shares) at Sep. 30, 2019   21,256,000      
Balance at end of year at Sep. 30, 2019 $ 247,925 $ 213 $ 261,959 $ 22,634 $ (36,881)
[1] Cash dividends declared per share of common stock were $0.1275 and $0.1275 in the nine months ended September 30, 2018 and 2019, respectively.
[2] Cash dividends declared per share of common stock were $0.1275 and $0.1275 in the nine months ended September 30, 2018 and 2019, respectively.