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Note 6 - Other Income, Net
 12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Other Income and Other Expense Disclosure [Text Block]
(
6
)         
Other Income, Net
 
During the year ended
December
 
31,
 
2017,
the Company recognized other income of
$1,913,000,
which consisted primarily of a gain of
$2,668,000
related to the gain recorded on the sale of assets within Sypris Technologies. The gain was partially offset by foreign currency related translation losses of
$773,000
related to the net U.S. dollar denominated monetary asset position of our Mexican subsidiaries for which the Mexican peso is the functional currency.
 
Other income for
the year ended
December 
31,
 
2016
includes a gain of
$31,240,000
from the CSS Sale (see Note
4
). Additionally, other income for
2016
includes
$2,370,000
related to the gain recognized on the Toluca Sale-Leaseback completed during the
first
quarter of
2016
(See Note
5
). During the year ended
December 
31,
 
2016,
the Company recognized net foreign currency gains of
$951,000.