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Note 19 - Stockholders' Equity
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
(
19
)
Stockholders’ Equity
 
As of
December
 
31,
 
2016
and
2015,
24,850
shares of the Company’s preferred stock were designated as Series A Preferred Stock in accordance with the terms of our stockholder rights plan, which expired in
October
2011.
There are no shares of Series A Preferred Stock currently outstanding, and there are no current plans to issue any such shares. Any future holders of Series A Preferred Stock, as currently designated, would have voting rights, be entitled to receive dividends based on a defined formula and have certain rights in the event of the Company’s dissolution. Any such shares of Series A Preferred Stock would not be redeemable. However, the Company would be entitled to purchase shares of Series A Preferred Stock in the open market or pursuant to an offer to a holder or holders.
 
The holders of our common stock were not entitled to any payment as a result of the expiration of the rights plan and the rights issued thereunder.
 
The Company’s accumulated other comprehensive loss consists of employee benefit related adjustments and foreign currency translation adjustments.
 
Accumulated other comprehensive loss consisted of the following (in thousands):
 
 
 
December 31,
 
 
 
2016
 
 
2015
 
Foreign currency translation adjustments
   $
(11,334
 )   $
(9,554
 )
Employee benefit related adjustments – U.S, net of tax.
    
(15,445
 )    
(16,177
 )
Employee benefit related adjustments – Mexico, net of tax
    
181
      
(29
 )
Accumulated other comprehensive loss
   $
(26,598
 )   $
(25,760
 )
 
Changes in each component of accumulated other comprehensive loss consisted of the following:
 
 
 
 
 
 
 
 
 
 
 
Accumulated
 
 
 
Foreign
 
 
Defined
 
 
Other
 
 
 
Currency
 
 
Benefit
 
 
Comprehensive
 
 
 
Translation
 
 
Plans
 
 
Loss
 
Balance at January 1, 2015
   $
(7,265
 )   $
(17,770
 )   $
(25,035
 )
Currency translation adjustments
    
(2,289
 )    
0
      
(2,289
 )
Net actuarial gain for the year
    
0
      
667
      
667
  
Amortization for the year
    
0
      
897
      
897
  
Balance at December 31, 2015
    
(9,554
 )    
(16,206
 )    
(25,760
 )
Currency translation adjustments
    
(1,780
 )    
0
      
(1,780
 )
Net actuarial gain for the year
    
0
      
164
      
164
  
Amortization for the year
    
0
      
778
      
778
  
Balance at December 31, 2016
   $
(11,334
 )   $
(15,264
 )   $
(26,598
 )