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Note 2 - Basis of Presentation
9 Months Ended
Sep. 30, 2018
Notes to Financial Statements  
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]
(
2
)
Basis of Presentation
 
The accompanying unaudited consolidated financial statements include the accounts of Sypris Solutions, Inc. and its wholly-owned subsidiaries and have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and with the instructions to Form
10
-Q and Article
10
of Regulation S-
X
of the SEC. Accordingly, pursuant to such rules and regulations, certain notes and other financial information included in audited financial statements have been condensed or omitted. The
December 31, 2017
consolidated balance sheet data was derived from audited statements, but does
not
include all disclosures required by U.S. GAAP. The Company’s operations are domiciled in the United States (U.S.) and Mexico, and we serve a wide variety of domestic and international customers. All intercompany transactions and accounts have been eliminated.
 
These unaudited consolidated financial statements reflect, in the opinion of management, all material adjustments (which include only normal recurring adjustments) necessary to fairly state the results of operations, financial position and cash flows for the periods presented, and the disclosures herein are adequate to make the information presented
not
misleading. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses. Actual results for the
three
and
nine
months ended
September 
30,
 
2018
are
not
necessarily indicative of the results that
may
be expected for the year ending
December 
31,
 
2018.
These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements, and notes thereto, for the year ended
December 31, 2017
as presented in the Company’s Annual Report on Form
10
-K.
 
Certain prior period amounts within the footnotes have been reclassified to conform to current period presentation.