0001437749-17-007835.txt : 20170503 0001437749-17-007835.hdr.sgml : 20170503 20170503150451 ACCESSION NUMBER: 0001437749-17-007835 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 56 CONFORMED PERIOD OF REPORT: 20170331 FILED AS OF DATE: 20170503 DATE AS OF CHANGE: 20170503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHWEST PIPE CO CENTRAL INDEX KEY: 0001001385 STANDARD INDUSTRIAL CLASSIFICATION: STEEL PIPE & TUBES [3317] IRS NUMBER: 930557988 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-27140 FILM NUMBER: 17808801 BUSINESS ADDRESS: STREET 1: 5721 SE COLUMBIA WAY STREET 2: SUITE 200 CITY: VANCOUVER STATE: WA ZIP: 98661 BUSINESS PHONE: 3603976250 MAIL ADDRESS: STREET 1: 5721 SE COLUMBIA WAY STREET 2: SUITE 200 CITY: VANCOUVER STATE: WA ZIP: 98661 10-Q 1 nwpx20170331_10q.htm FORM 10-Q nwpx20170331_10q.htm Table of Contents

UNITED STATES     

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549

 


FORM 10-Q


QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended: March 31, 2017

 

OR 

 

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from              to             

 

Commission File Number: 0-27140


NORTHWEST PIPE COMPANY

(Exact name of registrant as specified in its charter)


   

OREGON

93-0557988

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

 

5721 SE Columbia Way

Suite 200

Vancouver, Washington 98661

(Address of principal executive offices and zip code)

 

360-397-6250

(Registrant’s telephone number including area code)

 


Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days:    Yes  ☒    No  ☐

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  ☒    No  ☐

 

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filer

Accelerated filer

       

Non-accelerated filer

Smaller reporting company

       
Emerging growth company    

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ☐    No  ☒

 

Common Stock, par value $.01 per share

9,604,811

(Class)

(Shares outstanding as of April 28, 2017)

 



  

NORTHWEST PIPE COMPANY

FORM 10-Q

INDEX

 

 

Page 

PART I - FINANCIAL INFORMATION

 

   

Item 1. Financial Statements (Unaudited):

 

   

Condensed Consolidated Statements of Operations for the three months ended March 31, 2017 and 2016

2

   

Condensed Consolidated Statements of Comprehensive Loss for the three months ended March 31, 2017 and 2016

3

   

Condensed Consolidated Balance Sheets as of March 31, 2017 and December 31, 2016

4

   

Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2017 and 2016

5

   

Notes to Condensed Consolidated Financial Statements

6

   

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

15

   

Item 3. Quantitative and Qualitative Disclosures About Market Risk

18

   

Item 4. Controls and Procedures

18

   

PART II - OTHER INFORMATION

 

   

Item 1. Legal Proceedings

19

   

Item 1A. Risk Factors

19

   

Item 6. Exhibits

19

   

Signatures

20

  

  

Part I – FINANCIAL INFORMATION

 

Item 1. Financial Statements

 

 

NORTHWEST PIPE COMPANY AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

(In thousands, except per share amounts)

 

 

 

   

Three Months Ended March 31,

 
   

2017

   

2016

 
                 

Net sales

  $ 29,666     $ 33,928  

Cost of sales

    28,886       39,365  

Gross profit (loss)

    780       (5,437 )

Selling, general and administrative expense

    3,840       4,599  

Restructuring expense

    881       -  

Operating loss

    (3,941 )     (10,036 )

Other income (expense)

    (11 )     40  

Interest expense

    (137 )     (119 )

Loss before income taxes

    (4,089 )     (10,115 )

Income tax benefit

    (221 )     (532 )

Net loss

  $ (3,868 )   $ (9,583 )
                 
                 

Basic and diluted loss per share

  $ (0.40 )   $ (1.00 )

Shares used in per share calculations:

               

Basic and diluted

    9,604       9,572  

 

 

The accompanying notes are an integral part of these condensed consolidated financial statements.

 

  

 NORTHWEST PIPE COMPANY AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(Unaudited)

(In thousands)

 

 

   

Three Months Ended March 31,

 
   

2017

   

2016

 
                 

Net loss

  $ (3,868 )   $ (9,583 )
                 

Other comprehensive income (loss), net of tax:

               

Pension liability adjustment

    102       100  

Unrealized loss on cash flow hedges

    (7 )     (132 )

Other comprehensive income (loss), net of tax

    95       (32 )

Comprehensive loss

  $ (3,773 )   $ (9,615 )

 

 

The accompanying notes are an integral part of these condensed consolidated financial statements.

 

  

NORTHWEST PIPE COMPANY AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(Dollar amounts in thousands, except per share amounts)

 

 

   

March 31, 2017

   

December 31, 2016

 

Assets

               

Current assets:

               

Cash and cash equivalents

  $ 20,807     $ 21,829  

Trade and other receivables, less allowance for doubtful accounts of $496 and $515

    18,616       25,555  

Costs and estimated earnings in excess of billings on uncompleted contracts

    45,063       43,663  

Inventories

    16,954       19,037  

Prepaid expenses and other

    1,772       2,096  

Total current assets

    103,212       112,180  

Property and equipment, less accumulated depreciation and amortization of $87,024 and $85,604

    116,848       118,101  

Other assets

    11,054       11,274  

Total assets

  $ 231,114     $ 241,555  
                 

Liabilities and Stockholders’ Equity

               

Current liabilities:

               

Accounts payable

  $ 3,627     $ 5,267  

Accrued liabilities

    7,140       10,925  

Billings in excess of costs and estimated earnings on uncompleted contracts

    940       2,038  

Current portion of capital lease obligations

    288       325  

Total current liabilities

    11,995       18,555  

Capital lease obligations, less current portion

    539       602  

Deferred income taxes

    1,044       1,282  

Other long-term liabilities

    11,849       11,903  

Total liabilities

    25,427       32,342  
                 

Commitments and contingencies (Note 6)

               
                 

Stockholders’ equity:

               

Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued or outstanding

    -       -  

Common stock, $.01 par value, 15,000,000 shares authorized, 9,604,811 and 9,601,011 shares issued and outstanding

    96       96  

Additional paid-in-capital

    118,927       118,680  

Retained earnings

    88,052       91,920  

Accumulated other comprehensive loss

    (1,388 )     (1,483 )

Total stockholders’ equity

    205,687       209,213  

Total liabilities and stockholders’ equity

  $ 231,114     $ 241,555  

 

 

The accompanying notes are an integral part of these condensed consolidated financial statements.

 

 

NORTHWEST PIPE COMPANY AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

(In thousands)

 

 

   

Three Months Ended March 31,

 
   

2017

   

2016

 

Cash flows from operating activities:

               

Net loss

  $ (3,868 )   $ (9,583 )

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:

               

Depreciation and capital lease amortization

    1,850       2,181  

Amortization of intangible assets

    128       131  

Amortization of debt issuance costs

    42       41  

Provision for doubtful accounts

    261       (8 )

Deferred income taxes

    (238 )     (602 )

(Gain) loss on disposal of property and equipment

    (19 )     10  

Share-based compensation expense

    271       178  

Adjustments to contingent consideration

    27       (20 )

Unrealized loss on foreign currency forward contracts

    30       415  

Changes in operating assets and liabilities:

               

Trade and other receivables

    6,678       5,606  

Costs and estimated earnings in excess of billings on uncompleted contracts, net

    (2,498 )     4,434  

Inventories

    2,038       119  

Prepaid expenses and other assets

    387       285  

Accounts payable

    (1,714 )     (735 )

Accrued and other liabilities

    (3,657 )     (1,263 )

Net cash provided by (used in) operating activities

    (282 )     1,189  

Cash flows from investing activities:

               

Additions to property and equipment

    (529 )     (736 )

Proceeds from sale of property and equipment

    25       -  

Net cash used in investing activities

    (504 )     (736 )

Cash flows from financing activities:

               

Tax withholdings related to net share settlements of restricted stock and performance share awards

    (24 )     (31 )

Payments on capital lease obligations

    (100 )     (96 )

Payments of contingent consideration

    (112 )     (1,233 )

Net cash used in financing activities

    (236 )     (1,360 )

Change in cash and cash equivalents

    (1,022 )     (907 )

Cash and cash equivalents, beginning of period

    21,829       10,309  

Cash and cash equivalents, end of period

  $ 20,807     $ 9,402  
                 

Noncash investing and financing activities:

               

Accrued property and equipment purchases

  $ 133     $ 131  

Capital lease additions

  $ -     $ 71  

 

 

The accompanying notes are an integral part of these condensed consolidated financial statements.

 

 

NORTHWEST PIPE COMPANY AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

1.

Basis of Presentation

 

The Condensed Consolidated Financial Statements include the accounts of Northwest Pipe Company (the “Company”) and its subsidiaries in which the Company exercises control as of the financial statement date. Intercompany accounts and transactions have been eliminated.

 

The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in conformity with accounting principles generally accepted in the United States of America. The financial information as of December 31, 2016 is derived from the audited Consolidated Financial Statements presented in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 (the “2016 Form 10-K”). Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of management, the accompanying Condensed Consolidated Financial Statements include all adjustments necessary (which are of a normal and recurring nature) for the fair statement of the results of the interim periods presented. The Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto together with management’s discussion and analysis of financial condition and results of operations contained in the Company’s 2016 Form 10-K.

 

Certain amounts from the prior year financial statements have been reclassified in order to conform to the current year presentation.

 

Operating results for the three months ended March 31, 2017 are not necessarily indicative of the results that may be expected for the entire fiscal year ending December 31, 2017.

 

2.

Inventories

 

Inventories consist of the following (in thousands):

 

   

March 31, 2017

   

December 31, 2016

 

Short-term inventories:

               

Raw materials

  $ 13,117     $ 15,411  

Work-in-process

    1,209       1,235  

Finished goods

    323       40  

Supplies

    2,305       2,351  

Total short-term inventories

    16,954       19,037  
                 

Long-term inventories:

               

Finished goods

    729       773  

Total inventories

  $ 17,683     $ 19,810  

 

Long-term inventories are recorded in Other assets. As of December 31, 2016, inventories were stated at the lower of cost or market. Upon adoption of Accounting Standards Update (“ASU”) No. 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory” on January 1, 2017, which did not result in a change in the Company’s inventory values, inventories are stated at the lower of cost and net realizable value. See further discussion of this ASU in Note 11, “Recent Accounting and Reporting Developments.”

 

3.

Fair Value Measurements

 

The Company records its financial assets and liabilities at fair value, which is defined as the price that would be received to sell an asset or paid to transfer a liability, in the principal or most advantageous market for the asset or liability, in an orderly transaction between market participants at the measurement date.

  

The authoritative guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. These levels are: Level 1 (inputs are quoted prices in active markets for identical assets or liabilities); Level 2 (inputs are other than quoted prices that are observable, either directly or indirectly through corroboration with observable market data); and Level 3 (inputs are unobservable, with little or no market data that exists, such as internal financial forecasts). The Company is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.

  

 

The following table summarizes information regarding the Company’s financial assets and liabilities that are measured at fair value (in thousands):

 

   

Total

   

Level 1

   

Level 2

   

Level 3

 

As of March 31, 2017

                               

Financial assets:

                               

Deferred compensation plan

  $ 6,202     $ 5,317     $ 885     $ -  

Derivatives

    26       -       26       -  

Total assets

  $ 6,228     $ 5,317     $ 911     $ -  

Financial liabilities:

                               

Derivatives

  $ (14 )   $ -     $ (14 )   $ -  
                                 

As of December 31, 2016

                               

Financial assets:

                               

Deferred compensation plan

  $ 6,209     $ 5,215     $ 994     $ -  

Derivatives

    58       -       58       -  

Total assets

  $ 6,267     $ 5,215     $ 1,052     $ -  

Financial liabilities:

                               

Derivatives

  $ (8 )   $ -     $ (8 )   $ -  

 

The deferred compensation plan assets consist of cash and several publicly traded stock and bond mutual funds, valued using quoted market prices in active markets, classified as Level 1 within the fair value hierarchy, as well as guaranteed investment contracts, valued at principal plus interest credited at contract rates, classified as Level 2 within the fair value hierarchy.

 

The Company’s derivatives consist of foreign currency forward contracts, which are accounted for as cash flow hedges, and are valued using various pricing models or discounted cash flow analyses that incorporate observable market parameters, such as interest rate yield curves and currency rates, classified as Level 2 within the fair value hierarchy. Derivative valuations incorporate credit risk adjustments that are necessary to reflect the probability of default by the counterparty or the Company.

 

The net carrying amounts of cash and cash equivalents, trade and other receivables, accounts payable, accrued liabilities and borrowings on the line of credit approximate fair value due to the short-term nature of these instruments.

 

4.

Derivative Instruments and Hedging Activities

 

The Company conducts business in various foreign countries and, from time to time, settles transactions in foreign currencies. The Company has established a program that utilizes foreign currency forward contracts to offset the risk associated with the effects of certain foreign currency exposures, typically arising from sales contracts denominated in Canadian currency. Instruments that do not qualify for cash flow hedge accounting treatment are remeasured at fair value on each balance sheet date and resulting gains and losses are recognized in earnings. As of March 31, 2017 and December 31, 2016, the total notional amount of the derivative contracts not designated as cash flow hedges was $0.9 million (CAD$1.3 million). As of March 31, 2017 and December 31, 2016, the total notional amount of the derivative contracts designated as cash flow hedges was $1.7 million (CAD$2.2 million) and $3.4 million (CAD$4.5 million), respectively. Derivative assets are included within Prepaid expenses and other and derivative liabilities are included within Accrued liabilities in the Condensed Consolidated Balance Sheets. All of the Company’s foreign currency forward contracts are subject to an enforceable master netting arrangement. The Company presents the assets and liabilities associated with its foreign currency forward contracts at their gross fair values in the Condensed Consolidated Balance Sheets.

 

For each derivative contract entered into in which the Company seeks to obtain cash flow hedge accounting treatment, the Company formally documents all relationships between hedging instruments and hedged items, as well as its risk management objective and strategy for undertaking the hedge transaction, the nature of the risk being hedged, how the hedging instrument’s effectiveness in offsetting the hedged risk will be assessed prospectively and retrospectively and a description of the method of measuring ineffectiveness. This process includes linking all derivatives to specific firm commitments or forecasted transactions and designating the derivatives as cash flow hedges. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivative contracts that are used in hedging transactions are highly effective in offsetting changes in cash flows of hedged items. The effective portion of these hedged items is reflected in Unrealized loss on cash flow hedges on the Condensed Consolidated Statements of Comprehensive Loss. If it is determined that a derivative contract is not highly effective, or that it has ceased to be a highly effective hedge, the Company will be required to discontinue hedge accounting with respect to that derivative contract prospectively.

  

 

All of the Company’s Canadian forward contracts have maturities less than twelve months as of March 31, 2017.

 

For the three months ended March 31, 2017 and 2016, gains (losses) recognized in Net sales from derivative contracts not designated as hedging instruments were approximately $0 and $(0.2) million, respectively. As of March 31, 2017, unrealized pretax gains on outstanding derivatives in Accumulated other comprehensive loss was approximately $0. Typically, outstanding derivatives balances in Accumulated other comprehensive loss are expected to be reclassified to Net sales within the next twelve months as a result of underlying hedged transactions also being recorded in Net sales. See Note 8, “Accumulated Other Comprehensive Loss” for additional quantitative information regarding derivative gains and losses.

 

5.

Share-based Compensation

 

The Company has one active stock incentive plan for employees and directors, the 2007 Stock Incentive Plan, which provides for awards of stock options to purchase shares of common stock, stock appreciation rights, restricted and unrestricted shares of common stock, restricted stock units (“RSUs”) and performance share awards (“PSAs”). In addition, the Company has one inactive stock option plan, the 1995 Stock Option Plan for Nonemployee Directors, under which previously granted options remain outstanding.

 

The Company recognizes share-based compensation cost, based on grant date estimated fair value of the awards, over the period during which the employee or director is required to provide service in exchange for the award, and as forfeitures occur, the associated compensation cost recognized to date is reversed. The following table summarizes share-based compensation expense recorded (in thousands):

 

   

Three Months Ended March 31,

 
   

2017

   

2016

 
                 

Cost of sales

  $ 81     $ (28 )

Selling, general and administrative expense

    190       206  

Total

  $ 271     $ 178  

 

As of March 31, 2017, unrecognized compensation expense related to the unvested portion of the Company’s RSUs and PSAs was $0.7 million, which is expected to be recognized over a weighted average period of 0.8 years.

 

Stock Option Awards

 

A summary of option activity under the Company’s stock option plans as of March 31, 2017 and changes during the three months then ended is presented below:

 

   

Options

Outstanding

   

Weighted

Average

Exercise Price

   

Weighted

Average

Remaining

Contractual

Life

   

Aggregate

Intrinsic Value

 
                   

(in years)

   

(In thousands)

 

Balance, December 31, 2016

    26,000     $ 24.97                  

Options granted

    -       -                  

Options exercised

    -       -                  

Options canceled

    -       -                  

Balance, March 31, 2017

    26,000       24.97                  

Exercisable, March 31, 2017

    26,000       24.97       2.78     $ -  

  

 

Restricted Stock Units and Performance Share Awards

 

A summary of activity under the Company’s RSUs and PSAs as of March 31, 2017 and changes during the three months then ended is presented below:

 

   

Number of

RSUs and

PSAs

   

Weighted

Average Grant

Date Fair Value

 

Unvested RSUs and PSAs as of December 31, 2016

    221,791     $ 17.36  

RSUs and PSAs granted

    -       -  

Unvested RSUs and PSAs canceled

    (46,988 )     43.68  

RSUs vested

    (5,220 )     36.00  

Unvested RSUs as of March 31, 2017

    169,583       9.50  

 

RSUs and PSAs are measured at the estimated fair value on the date of grant. RSUs are service-based awards and vest according to vesting schedules, which range from immediate to ratably over a three-year period. PSAs are service-based awards that vest over a three-year period and have a market-based payout condition. Vesting of the market-based PSAs is dependent upon the performance of the market price of the Company’s stock relative to a peer group of companies. In the three months ended March 31, 2017, the remaining PSAs were canceled because the market-based conditions were not achieved, and the actual number of common shares that were issued was determined by multiplying the PSAs by a payout percentage of 0%.

 

6.

Commitments and Contingencies

 

Portland Harbor Superfund

 

On December 1, 2000, a section of the lower Willamette River known as the Portland Harbor Site was included on the National Priorities List at the request of the United States Environmental Protection Agency (the “EPA”). While the Company’s Portland, Oregon manufacturing facility does not border the Willamette River, an outfall from the facility’s stormwater system drains into a neighboring property’s privately owned stormwater system and slip. Since the listing of the site, the Company was notified by the EPA and the Oregon Department of Environmental Quality (“ODEQ”) of potential liability under the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”). In 2008, the Company was asked to file information disclosure reports with the EPA (CERCLA 104 (e) information request). A remedial investigation and feasibility study of the Portland Harbor Site has been directed by a group of 14 potentially responsible parties known as the Lower Willamette Group under agreement with the EPA. The remedial investigation report was finalized in February 2016. The feasibility study was finalized in June 2016 by the EPA, and identified multiple remedial alternatives. The EPA issued the Record of Decision in January 2017 selecting the remedy for cleanup at the Portland Harbor Site, which it believes will cost approximately $1.05 billion and 13 years to complete. The Record of Decision did not determine who is responsible for the costs of cleanup or how the cleanup costs will be allocated among the potentially responsible parties.

 

In 2001, groundwater containing elevated volatile organic compounds was identified in one localized area of leased property adjacent to the Portland facility furthest from the river. Assessment work was conducted in 2002 and 2003 to further characterize the groundwater. In February 2005, the Company entered into a Voluntary Agreement for Remedial Investigation and Source Control Measures (the “Voluntary Agreement”) with ODEQ. The Company performed remedial investigation work required under the Voluntary Agreement and in 2016 the EPA and ODEQ requested additional sampling to be conducted. The Company provided a Final Supplemental Groundwater Sampling Work Plan in the third quarter of 2016, and in September 2016 the ODEQ approved work to proceed. The Company initiated groundwater sampling in the fall of 2016, which will continue through the third quarter of 2017, and results thus far have been generally consistent with previous sampling and modeling work.

 

Concurrent with the activities of the EPA and ODEQ, the Portland Harbor Natural Resources Trustee Council (“Trustees”) sent some or all of the same parties, including the Company, a notice of intent to perform a Natural Resource Damage Assessment (“NRDA”) for the Portland Harbor Site to determine the nature and extent of natural resource damages under CERCLA Section 107. The Trustees for the Portland Harbor Site consist of representatives from several Northwest Indian Tribes, three federal agencies and one state agency. The Trustees act independently of the EPA and ODEQ. The Trustees have encouraged potentially responsible parties to voluntarily participate in the funding of their injury assessments and several of those parties have agreed to do so. In June 2014, the Company agreed to participate in the injury assessment process, which included funding $0.4 million of the assessment; of this amount, $0.2 million was paid in July 2014 and the remainder was paid in January 2015. The Company has not assumed any additional payment obligations or liabilities with the participation with the NRDA. In January 2017, the Confederated Tribes and Bands of the Yakama Nation, a Trustee until they withdrew from the council in 2009, filed a complaint against the potentially responsible parties including the Company to recover costs related to their own injury assessment and compensation for natural resources damages.

  

 

The Company’s potential liability is a portion of the costs of the remedy for the entire Portland Harbor Superfund Site. The cost of that remedy is expected to be allocated among more than 100 potentially responsible parties. Because of the large number of responsible parties and the variability in the range of remediation alternatives, the Company is unable to estimate an amount or an amount within a range of costs for its obligation with respect to the Portland Harbor Site matters, and no further adjustment to the Consolidated Financial Statements has been recorded as of the date of this filing. The Company has insurance policies for defense costs, as well as indemnification policies it believes will provide reimbursement for any share of the remediation assessed. However, the Company can provide no assurance that those policies will cover all of the costs which the Company may incur.

 

In December 2014, a federal district court approved settlements between the Company and two of its insurance carriers. The Company released its interests in the related insurance policies, and received $2.6 million in January 2015 for reimbursement of past indemnification and defense costs incurred by the Company associated with the Portland Harbor Site, substantially all of which reduced Cost of sales in 2014. Notwithstanding these settlements, the Company continues to have insurance coverage for indemnification and defense costs related to the Portland Harbor Site as described above.

 

Houston Environmental Issue

 

In connection with the Company’s sale of its oil country tubular goods (“OCTG”) business, a Limited Phase II Environmental Site Assessment was conducted at the Houston, Texas plant and completed in March 2014, which revealed the presence of volatile organic compounds in the groundwater and certain metals in the soil. In June 2014, the Company was accepted into the Texas Commission on Environmental Quality (“TCEQ”) Voluntary Cleanup Program (“VCP”) to address these issues and obtain a certificate of completion from TCEQ. The cost of any potential assessment and cleanup will not be covered by insurance. The Company believes these costs are likely to be recovered from the purchaser of the OCTG business upon future sale of the Houston property.

 

The Company has completed a groundwater assessment and continues to monitor groundwater. The proposed remediation approach includes a municipal setting designation ordinance, approved by the City of Houston City Council in January 2017, to prevent consumption of shallow groundwater from beneath the property, thereby eliminating the need for more costly remediation measures.

 

In late October 2016, the TCEQ notified the Company that a neighboring facility has asbestos contamination in its soil. In a December 2016 meeting with TCEQ, the Company was notified that it will need to assess asbestos contamination before the TCEQ will proceed with a certificate of completion. The Company developed an asbestos sampling plan with the TCEQ and the EPA staff that will begin in the second quarter of 2017. The Company currently estimates that the future costs associated with the VCP will be between $0.1 million and $1.6 million. As of March 31, 2017, the Company has a $0.2 million accrual for remediation costs based on the low-end estimate of future costs using a probability-weighted analysis of remediation approaches, and estimates that completion of the VCP process will occur between the third quarter of 2017 and the third quarter of 2019.

 

All Sites

 

The Company operates its facilities under numerous governmental permits and licenses relating to air emissions, stormwater runoff and other environmental matters. The Company’s operations are also governed by many other laws and regulations, including those relating to workplace safety and worker health, principally the Occupational Safety and Health Act and regulations there under which, among other requirements, establish noise and dust standards. The Company believes it is in material compliance with its permits and licenses and these laws and regulations, and the Company does not believe that future compliance with such laws and regulations will have a material adverse effect on its financial position, results of operations or cash flows.

 

Other Contingencies and Legal Proceedings

 

From time to time, the Company is involved in litigation relating to claims arising out of its operations in the normal course of its business. The Company maintains insurance coverage against potential claims in amounts that are believed to be adequate. To the extent that insurance does not cover legal, defense and indemnification costs associated with a loss contingency, the Company records accruals when such losses are considered probable and reasonably estimable. The Company believes that it is not presently a party to litigation, the outcome of which would have a material adverse effect on its business, financial condition, results of operations or cash flows.

 

Guarantees

 

The Company has entered into certain letters of credit that total $2.0 million as of March 31, 2017. The letters of credit relate to workers’ compensation insurance.

 

7.

Income Taxes

 

The Company files income tax returns in the United States Federal jurisdiction, in a limited number of foreign jurisdictions and in many state jurisdictions. Internal Revenue Service examinations have been completed for years prior to 2011. With few exceptions, the Company is no longer subject to United States Federal, state or foreign income tax examinations for years before 2012.

  

 

The Company recorded an income tax benefit at an estimated effective income tax rate of 5.4% and 5.3% for the three months ended March 31, 2017 and 2016, respectively. The Company’s estimated effective income tax rate for the three months ended March 31, 2017 is lower than statutory rates primarily because of the accounting change discussed in Note 11, “Recent Accounting and Reporting Developments” under which the Company recognized $0.8 million of excess tax deficiencies from share-based compensation as an income tax expense for the three months ended March 31, 2017.

 

The Company had $4.9 million of unrecognized income tax benefits as of March 31, 2017 and December 31, 2016. It is reasonably possible that the total amounts of unrecognized income tax benefits will change in the following twelve months as a result of the lapse of tax statutes of limitation; however, actual results could differ from those currently expected. Effectively all of the unrecognized income tax benefits would affect the Company’s effective income tax rate if recognized at some point in the future. The Company recognizes interest and penalties related to uncertain income tax positions in Income tax expense.

 

8.

Accumulated Other Comprehensive Loss

 

The following tables summarize changes in the components of Accumulated other comprehensive loss during the three months ended March 31, 2017 and 2016 (in thousands). All amounts are net of income tax:

 

   

Pension

Liability

Adjustment

   

Unrealized

Gains (Losses)

on Cash Flow

Hedges

   

Total

 

Balance, December 31, 2016

  $ (1,493 )   $ 10     $ (1,483 )
                         

Other comprehensive income (loss) before reclassifications

    25       (12 )     13  

Amounts reclassified from Accumulated other comprehensive loss

    77       5       82  

Net current period adjustments to Other comprehensive income (loss)

    102       (7 )     95  
                         

Balance, March 31, 2017

  $ (1,391 )   $ 3     $ (1,388 )

 

   

Pension

Liability

Adjustment

   

Unrealized

Gains (Losses)

on Cash Flow

Hedges

   

Total

 

Balance, December 31, 2015

  $ (1,624 )   $ 86     $ (1,538 )
                         

Other comprehensive income (loss) before reclassifications

    33       (86 )     (53 )

Amounts reclassified from Accumulated other comprehensive loss

    67       (46 )     21  

Net current period adjustments to Other comprehensive income (loss)

    100       (132 )     (32 )
                         

Balance, March 31, 2016

  $ (1,524 )   $ (46 )   $ (1,570 )

  

 

The following table provides additional detail about Accumulated other comprehensive loss components that were reclassified to the Condensed Consolidated Statements of Operations during the three months ended March 31, 2017 and 2016 (in thousands):

 

   

Three Months Ended March 31,

       
   

2017

   

2016

       

Details about Accumulated Other

Comprehensive Loss Components

 

Amount reclassified from Accumulated

Other Comprehensive Loss

   

Affected line item in the

Condensed Consolidated

Statements of Operations

 
                       

Pension liability adjustment:

                     

Net periodic pension cost

  $ (81 )   $ (71 )  

Cost of sales

 

Associated income tax benefit

    4       4    

Income tax benefit

 
      (77 )     (67 )  

Net of tax

 
                       

Unrealized gain (loss) on cash flow hedges:

                     

Gain (loss) on cash flow hedges

    (8 )     74    

Net sales

 

Associated income tax (expense) benefit

    3       (28 )  

Income tax benefit

 
      (5 )     46    

Net of tax

 
                       

Total reclassifications for the period

  $ (82 )   $ (21 )      

  

9.

Loss per Share

 

Loss per basic and diluted weighted average common share outstanding was calculated as follows for the three months ended March 31, 2017 and 2016 (in thousands, except per share data):

 

   

Three Months Ended March 31,

 
   

2017

   

2016

 
                 

Net loss

  $ (3,868 )   $ (9,583 )
                 

Basic weighted-average common shares outstanding

    9,604       9,572  

Effect of potentially dilutive common shares(1)

    -       -  

Diluted weighted-average common shares outstanding

    9,604       9,572  
                 

Loss per basic and diluted common share

  $ (0.40 )   $ (1.00 )

 

 

(1)

Due to the Company’s net loss in the three months ended March 31, 2017 and 2016, the assumed exercise of stock options and the vesting of restricted stock units and performance share awards using the treasury stock method would have had an antidilutive effect and were therefore excluded from the computation of diluted loss per share. The weighted average number of such antidilutive shares not included in the computation of diluted loss per share was approximately 196,000 and 94,000 for the three months ended March 31, 2017 and 2016, respectively.

 

10.

Segment Information

 

The operating segments reported below are based on the nature of the products sold and the manufacturing process used by the Company and are the segments of the Company for which separate financial information is available and for which operating results are regularly evaluated by the Company’s chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance. Management evaluates segment performance based on operating income.

  

The Company’s Water Transmission segment manufactures large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems. These products are also used for hydroelectric power systems, wastewater systems and other applications. In addition, the Water Transmission segment makes products for industrial plant piping systems and certain structural applications.

  

 

The Company’s Tubular Products segment manufactures and markets smaller diameter, electric resistance welded steel pipe used in a wide range of applications, including energy, construction, agricultural and industrial systems. The Company’s Tubular Products segment has a manufacturing facility located in Atchison, Kansas and real property located in Houston, Texas. The Atchison facility operated at reduced levels from April 2015 to January 2016, when the Company idled the facility to reduce operating expenses until market conditions improve or a sale is completed.

 

   

Three Months Ended March 31,

 
   

2017

   

2016

 
   

(in thousands)

 

Net sales:

               

Water Transmission

  $ 29,657     $ 29,358  

Tubular Products

    9       4,570  

Total

  $ 29,666     $ 33,928  
                 

Gross profit (loss):

               

Water Transmission

  $ 1,165     $ (5,750 )

Tubular Products

    (385 )     313  

Total

  $ 780     $ (5,437 )
                 
                 

Operating income (loss):

               

Water Transmission

  $ (914 )   $ (7,256 )

Tubular Products

    (430 )     104  

Corporate

    (2,597 )     (2,884 )

Total

  $ (3,941 )   $ (10,036 )

 

11.

Recent Accounting and Reporting Developments

 

There have been no developments to recently issued accounting standards, including the expected dates of adoption and estimated effects on the Company’s Condensed Consolidated Financial Statements and disclosures in Notes to Condensed Consolidated Financial Statements, from those disclosed in the Company’s 2016 Form 10-K, except for the following:

 

Accounting Changes

 

In July 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory” (“ASU 2015-11”). As a result of ASU 2015-11, companies are required to measure inventory at the lower of cost and net realizable value. This is a change from the prior requirement to value inventory at the lower of cost or market. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. Inventory valued using the last-in, first-out or retail inventory method is exempt from ASU 2015-11. The Company adopted this guidance prospectively on January 1, 2017 and the impact was not material to the Company’s financial position, results of operations or cash flows.

 

In March 2016, the FASB issued Accounting Standards Update No. 2016-09, “Compensation–Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”). ASU 2016-09 identifies areas for simplification involving several aspects of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, as well as certain classifications on the statement of cash flows. As a result of the adoption of this guidance on January 1, 2017, on a prospective basis, the Company recognized $0.8 million of excess tax deficiencies from share-based compensation in Income tax benefit for the three months ended March 31, 2017. Historically, these amounts were recorded as Additional paid-in capital.

  

 

Recent Accounting Standards

 

In May 2014, the FASB issued Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”) which will replace most existing revenue recognition guidance in accordance with United States generally accepted accounting principles (“U.S. GAAP”). The core principle of ASU 2014-09 is that an entity should recognize revenue for the transfer of goods or services equal to the amount that it expects to be entitled to receive for those goods or services. ASU 2014-09 requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments. ASU 2014-09 will be effective for the Company beginning January 1, 2018, including interim periods in 2018, and allows for both retrospective and prospective methods of adoption. During 2016 and 2017, the FASB issued several ASUs that clarify the implementation guidance for ASU 2014-09 but do not change the core principle of the guidance.

 

The Company is currently evaluating the impact of this revenue recognition guidance on its consolidated financial statements, including which of the alternative application approaches available under the standard will be utilized for its adoption. To date, the Company has examined its revenue streams, and does not believe that the adoption of ASU 2014-09 will have a material impact on its revenue recognition patterns as compared to revenue recognition under the existing revenue guidance, as the Company expects that revenues generated will continue to be recognized over time utilizing the percent-complete measure of progress consistent with current practice. The Company will continue to evaluate the impacts of ASU 2014-09 through the date of adoption to ensure that its preliminary conclusions continue to remain accurate. Additionally, the Company is continuing its assessment of ASU 2014-09’s impact on its financial statement disclosures.

 

In February 2016, the FASB issued Accounting Standards Update No. 2016-02, “Leases (Topic 842)” (“ASU 2016-02”). ASU 2016-02 makes changes to U.S. GAAP, requiring the recognition of lease assets and lease liabilities by lessees for those leases previously classified as operating leases. For operating leases, the lease asset and lease liability will be initially measured at the present value of the lease payments in the balance sheet. The cost of the lease is then allocated over the lease term on a generally straight-line basis. All cash payments will be classified within operating activities in the statement of cash flows. For financing leases, the lease asset and lease liability will be initially measured at the present value of the lease payments in the balance sheet. Interest on the lease liability will be recognized separately from amortization of the lease asset in the statement of comprehensive income. In the statement of cash flows, repayments of the principal portion of the lease liability will be classified within financing activities, and payments of interest on the lease liability and variable payments will be classified within operating activities. For leases with terms of twelve months or less, a lessee is permitted to make an accounting policy election by asset class not to recognize lease assets and lease liabilities. Lease expense for such leases will be generally recognized straight-line basis over the lease term. The accounting applied by a lessor is largely unchanged from previous U.S. GAAP. ASU 2016-02 requires qualitative disclosures along with specific quantitative disclosures and will be effective for the Company beginning January 1, 2019, including interim periods in 2019. ASU 2016-02 provides for a transitional adoption, with lessees and lessors required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. Early adoption is permitted. The Company does not expect a material impact to the Company’s financial position, results of operations or cash flows from adoption of this guidance.

 

In March 2017, the FASB issued Accounting Standards Update No. 2017-07, “Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” (“ASU 2017-07”), which requires that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. ASU 2017-07 requires other components of net benefit cost to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are used to present the other components of net benefit cost, that line item or items must be appropriately described. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. ASU 2017-07 allows only the service cost component to be eligible for capitalization, when applicable. ASU 2017-07 will be effective for the Company beginning January 1, 2018, including interim periods in 2018. The Company is currently assessing the impact of ASU 2017-07 on its Consolidated Financial Statements.

 

12.

Restructuring

 

In October 2016, the Company sold the Denver, Colorado facility (part of the Water Transmission segment) and leased the property back from the buyer through March 1, 2017 in order to conclude production at the facility, complete final shipments and transfer certain equipment assets to other Company facilities. The Company incurred restructuring expense of $0.9 million during the three months ended March 31, 2017 related to demobilization activities. The Company completed the demobilization project and vacated the facility in the first quarter of 2017.

 

  

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

Forward-Looking Statements

 

This Management’s Discussion and Analysis of Financial Condition and Results of Operations and other sections of this Quarterly Report on Form 10-Q for the quarter ended March 31, 2017 (“2017 Q1 Form 10-Q”) contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Exchange Act of 1934, as amended, that are based on current expectations, estimates and projections about our business, management’s beliefs and assumptions made by management. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “forecasts,” “should,” “could” and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements as a result of a variety of important factors. While it is impossible to identify all such factors, those that could cause actual results to differ materially from those estimated by us include changes in demand and market prices for our products, product mix, bidding activity, the timing of customer orders and deliveries, production schedules, the price and availability of raw materials, price and volume of imported product, excess or shortage of production capacity, international trade policy and regulations and other risks discussed in our Annual Report on Form 10-K for the year ended December 31, 2016 (“2016 Form 10-K”) and from time to time in our other Securities and Exchange Commission filings and reports. Such forward-looking statements speak only as of the date on which they are made, and we do not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this 2017 Q1 Form 10-Q. If we do update or correct one or more forward-looking statements, investors and others should not conclude that we will make additional updates or corrections with respect thereto or with respect to other forward-looking statements.

 

Overview

 

Water Transmission Group. We are the largest manufacturer of engineered steel pipe water systems in North America. With our strategically located Water Transmission manufacturing facilities, we are well-positioned to meet North America’s growing needs for water and wastewater infrastructure. We serve a wide range of markets and our solutions-based products are a good fit for applications including water transmission, plant piping, tunnels and river crossings. We have established a prominent position based on a strong and widely-recognized reputation for quality, service and an extensive range of products engineered and manufactured to meet expectations in all categories of performance including highly corrosive environments. These pipeline systems are produced by our Water Transmission Group from several manufacturing facilities, which are located in Portland, Oregon; Adelanto, California; Parkersburg, West Virginia; Saginaw, Texas; Salt Lake City, Utah; St. Louis, Missouri; and Monterrey, Mexico. Our Water Transmission Group accounted for approximately 100% of our Net sales in the first three months of 2017.

 

Our water infrastructure products are sold generally to installation contractors, who include our products in their bids to municipal agencies or privately-owned water companies for specific projects. We believe our sales are substantially driven by spending on new water infrastructure with a recent trend towards spending on water infrastructure replacement, repair and upgrade. Within the total range of pipe products, our products tend to fit the larger diameter, higher-pressure applications.

 

Tubular Products Group. We are in the process of exploring the sale of our remaining Tubular Products business, which includes line, structural and standard pipe, and is located in Atchison, Kansas. This reflects our long-term objective to focus on our core Water Transmission business through organic growth initiatives as well as through merger and acquisition activity. The Atchison facility operated at reduced levels from April 2015 to January 2016, when we idled the facility to reduce operating expenses until market conditions improve or a sale is completed. All of the remaining previously manufactured tubular products inventory was sold by the second quarter of 2016. Our Tubular Products Group accounted for a nominal amount of our Net sales in the first three months of 2017.

 

Our Current Economic Environment

 

We operate our Water Transmission Group with a long-term time horizon. Projects are often planned for many years in advance, and are sometimes part of 50-year build out plans. Long-term demand for water infrastructure projects in the United States appears strong. However, in the near term, we expect that strained governmental and water agency budgets and increased capacity from competition could impact the Water Transmission Group. Fluctuating steel costs will also be a factor, as the ability to adjust our selling prices as steel costs fluctuate will depend on market conditions. Purchased steel represents a substantial portion of our cost of sales, and changes in our selling prices often correlate directly to changes in steel costs.

 

Demand for line pipe, the primary product of our Tubular Products Group, is correlated to oil and gas exploration activity in the United States, which is itself correlated to global oil prices. In addition to these macroeconomic factors, we continue to face pressures from significant volumes of foreign imports of tubular products, as well as increased pressures due to recent domestic capacity expansions by our competitors.

  

 

Critical Accounting Policies and Estimates

 

The discussion and analysis of our financial condition and results of operations are based upon our Condensed Consolidated Financial Statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. On an ongoing basis, we evaluate all of our estimates. Actual results may differ from these estimates under different assumptions or conditions.

 

Other than the inventories policy discussed below, there have been no significant changes in our critical accounting policies and estimates during the three months ended March 31, 2017 as compared to the critical accounting policies and estimates disclosed in our 2016 Form 10-K. See Note 11 of the Notes to Condensed Consolidated Financial Statements in Part I – Item I. “Financial Statements” of this 2017 Q1 Form 10-Q for a description of accounting pronouncements adopted during the period.

 

Inventories:

 

Inventories are stated at the lower of cost and net realizable value. Determining net realizable value of inventories involves judgments and assumptions, including projecting selling prices and cost of sales. To estimate net realizable value, we review recent sales and gross profit history, existing customer orders, current contract prices, industry supply and demand, forecasted steel prices, replacement costs, seasonal factors, general economic trends and other information, as applicable. If future market conditions are less favorable than those projected by us, inventory write-downs may be required. Raw material inventories of steel, stated at cost, are either on a specific identification basis or on an average cost basis. All other raw material inventories, as well as work-in-process and supplies, stated at cost, are on an average cost basis. Finished goods, stated at cost, use the first-in, first-out method of accounting.

 

 Recent Accounting Pronouncements

 

See Note 11 of the Notes to Condensed Consolidated Financial Statements in Part I – Item I. “Financial Statements” of this 2017 Q1 Form 10-Q for a description of recent accounting pronouncements, including the dates of adoption and estimated effects on financial position, results of operations and cash flows.

 

Results of Operations

 

The following tables set forth, for the periods indicated, certain financial information regarding costs and expenses expressed in dollars (in thousands) and as a percentage of total Net sales and Net sales of our business segments.

 

   

Three months ended March 31, 2017

   

Three months ended March 31, 2016

 
   

$

   

% of Net Sales

   

$

   

% of Net Sales

 

Net sales

                               

Water Transmission

  $ 29,657       100.0

%

  $ 29,358       86.5

%

Tubular Products

    9       -       4,570       13.5  

Total net sales

    29,666       100.0       33,928       100.0  

Cost of sales

    28,886       97.4       39,365       116.0  

Gross profit (loss)

    780       2.6       (5,437 )     (16.0 )

Selling, general and administrative expense

    3,840       12.9       4,599       13.6  

Restructuring expense

    881       3.0       -       -  

Operating loss

    (3,941 )     (13.3 )     (10,036 )     (29.6 )

Other income (expense)

    (11 )     -       40       0.1  

Interest expense

    (137 )     (0.5 )     (119 )     (0.3 )

Loss before income taxes

    (4,089 )     (13.8 )     (10,115 )     (29.8 )

Income tax benefit

    (221 )     (0.7 )     (532 )     (1.6 )

Net loss

  $ (3,868 )     (13.1

)%

  $ (9,583 )     (28.2

)%

                                 
Water Transmission segment gross profit (loss) as a percentage of segment net sales             3.9 %             (19.6 )%

 

Three Months Ended March 31, 2017 Compared to Three Months Ended March 31, 2016

 

As discussed above, we are in the process of exploring the sale of our remaining Tubular Products business, and we operated the Atchison, Kansas facility at reduced levels from April 2015 to January 2016, at which time we idled the facility to reduce operating expenses until market conditions improve or a sale is completed. All of the remaining previously manufactured tubular products inventory was sold by the second quarter of 2016. In recognition of this strategic decision, the discussion below is focused on the Water Transmission segment.

  

 

Net sales. Net sales decreased 12.6% to $29.7 million for the first quarter of 2017 compared to $33.9 million for the first quarter of 2016. One customer in the Water Transmission segment accounted for 32.2% of total Net sales in the first quarter of 2017. Two customers in the Water Transmission segment accounted for 32.1% and 14.0%, respectively, of total Net sales in the first quarter of 2016.

 

Water Transmission sales increased 1.0% to $29.7 million for the first quarter of 2017 compared to $29.4 million for the first quarter of 2016. The increase in sales in the first quarter of 2017 compared to the first quarter of 2016 was due to a 130% increase in selling price per ton, offset by a 56% decrease in tons produced. The increase in selling prices per ton in the first quarter of 2017 was due to improved market conditions and a change in product mix. The decrease in tons produced was due to project timing. Bidding activity, backlog and production levels may vary significantly from period to period affecting sales volumes.

 

Gross profit (loss). Gross profit increased from a $5.4 million gross loss (negative 16.0% of total Net sales) in the first quarter of 2016 to a $0.8 million gross profit (2.6% of total Net sales) in the first quarter of 2017.

 

Water Transmission gross profit increased $6.9 million, or 120.3%, to a $1.2 million gross profit (3.9% of segment Net sales) for the first quarter of 2017 compared to $5.8 million gross loss (negative 19.6% of segment Net sales) for the first quarter of 2016. The increase in Water Transmission gross profit was due to improved pricing as well as our focus on margin over volume.

 

Selling, general and administrative expense. Selling, general and administrative expense decreased 16.5% to $3.8 million (12.9% of total Net sales) for the first quarter of 2017 compared to $4.6 million (13.6% of total Net sales) for the first quarter of 2016. The decrease was due primarily to $0.5 million in lower wages and benefits due to lower headcount and a $0.2 million decrease in professional fees.

 

Restructuring expense. In response to adverse market conditions, we sold our Denver, Colorado facility (part of our Water Transmission segment) in October 2016. We incurred restructuring expense of $0.9 million in the first quarter of 2017 related to demobilization activities. We completed the demobilization project and vacated the Denver facility in the first quarter of 2017.

 

Income taxes. The Income tax benefit was $0.2 million in the first quarter of 2017 (an effective income tax benefit rate of 5.4%) compared to an Income tax benefit of $0.5 million in the first quarter of 2016 (an effective income tax benefit rate of 5.3%). The effective income tax benefit rate for the three months ended March 31, 2017 was significantly lower than statutory rates primarily because of the accounting change discussed in Note 11 of the Notes to Condensed Consolidated Financial Statements in Part I – Item 1. “Financial Statements” of this 2017 Q1 Form 10-Q, under which the Company recognized $0.8 million of excess tax deficiencies from share-based compensation as an income tax expense for the three months ended March 31, 2017. The effective income tax rate can change significantly depending on the relationship of permanent income tax deductions and tax credits to estimated pre-tax income or loss and the changes in valuation allowances. Accordingly, the comparison of effective income tax rates between periods is not meaningful in all situations.

 

Liquidity and Capital Resources

 

Sources and Uses of Cash

 

Our principal sources of liquidity generally include operating cash flows and our Loan and Security Agreement (the “Agreement”) with Bank of American, N.A. From time to time our long-term capital needs may be met through the issuance of long-term debt or additional equity. Our principal uses of liquidity generally include capital expenditures, working capital and debt service.

 

As of March 31, 2017, our working capital (current assets minus current liabilities) was $91.2 million compared to $93.6 million as of December 31, 2016. Cash and cash equivalents totaled $20.8 million and $21.8 million as of March 31, 2017 and December 31, 2016, respectively. There were no borrowings under the Agreement as of March 31, 2017 and December 31, 2016.

 

Fluctuations in our working capital accounts result from timing differences between production, shipment, invoicing and collection, as well as changes in levels of production and costs of materials. We typically have a relatively large investment in working capital, as we generally pay for materials, labor and other production costs in the initial stages of a project, while payments from our customers are generally received after finished product is delivered. Our revenues in the Water Transmission segment are recognized on a percentage-of-completion method; therefore, cash receipts typically occur subsequent to when revenue is recognized and the elapsed time between when revenue is recorded and when cash is received can be significant. As such, our payment cycle is a significantly shorter interval than our collection cycle, although the effect of this difference in the cycles may vary by project, and from period to period.

 

Net cash used in operating activities in the first three months of 2017 was $0.3 million. Cash used in operating activities was primarily the result of fluctuations in working capital accounts that included decreases in trade receivables and inventories, offset by decreases in accounts payable and accrued and other liabilities.

 

Net cash used in investing activities in the first three months of 2017 was $0.5 million. This was due to $0.5 million of capital expenditures, which was primarily standard capital replacement. Total capital expenditures are expected to be approximately $6.0 million for 2017.

  

 

Net cash used in financing activities in the first three months of 2017 was $0.2 million, primarily due to the $0.1 million payment of contingent consideration in February 2017 for amounts earned on 2016 revenues of Permalok Corporation and capital lease payments totaling $0.1 million.

 

We anticipate that our existing cash and cash equivalents, cash flows expected to be generated by operations and amounts available under the Agreement will be adequate to fund our working capital and capital expenditure requirements for at least the next twelve months. To the extent necessary, we may also satisfy capital requirements through additional bank borrowings, senior notes, term notes, subordinated debt and capital and operating leases, if such resources are available on satisfactory terms. We have from time to time evaluated and continue to evaluate opportunities for acquisitions and expansion. Any such transactions, if consummated, may use a portion of our working capital or necessitate additional bank borrowings or other sources of funding.

 

On March 17, 2017, we filed a registration statement on Form S-3 (Registration No. 333-216802) with the Securities and Exchange Commission (the “SEC”), which has not yet been declared effective by the SEC, covering the potential future sale of up to $120 million of our equity and/or debt securities or combinations thereof. This registration statement, once effective, provides another potential source of liquidity to raise capital if we need it, in addition to other alternatives already in place. We cannot be certain that funding will be available on favorable terms or available at all. To the extent that we raise additional funds by issuing equity securities, our stockholders may experience significant dilution. Please refer to the factors discussed in Part I – Item 1A. “Risk Factors” in our 2016 Form 10-K.

 

Borrowings on Line of Credit

 

As of March 31, 2017, we had no outstanding borrowings and $2.0 million of outstanding letters of credit under the Agreement dated October 26, 2015, as amended on October 19, 2016. The Agreement expires on October 25, 2018 and provides for revolving loans and letters of credit up to the maximum principal amount (the “Revolver Commitment”) of $60 million, subject to a borrowing base. We have the ability to increase the Revolver Commitment to $100 million, subject to the provisions of the Agreement.

 

The borrowing base is calculated by applying various advance rates to eligible accounts receivable, costs and expected earnings in excess of billings, inventories and fixed assets, subject to various exclusions, adjustments and sublimits by asset class. Additionally, the Agreement effectively limits availability under the borrowing base during times when our Fixed Charge Coverage Ratio, as defined in the Agreement, is not met for the previous twelve-month period. As of March 31, 2017, the Fixed Charge Coverage Ratio was not met, and therefore the availability limit applied. Including the effect of this limit, we had additional borrowing capacity of $12.5 million, net of outstanding letters of credit, under the Agreement as of March 31, 2017. Based on our business plan and forecasts of operations, we expect to have sufficient credit availability to support our operations in 2017.

 

Borrowings under the Agreement bear interest at rates related to London Interbank Offered Rate plus 1.75% to 2.25%, or at Bank of America’s prime rate plus 0.75% to 1.25%. Borrowings under the Agreement are secured by substantially all of our assets.

 

Capital Leases

 

We lease certain equipment used in the manufacturing process. We had a total of $0.8 million in capital lease obligations outstanding as of March 31, 2017. The weighted average interest rate on all of our capital leases was 4.45%.

 

Off Balance Sheet Arrangements

 

We do not have any off balance sheet arrangements that are reasonably likely to have a current or future material effect on our financial position, results of operations or cash flows.

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk

 

For a discussion of our market risk associated with foreign currencies and interest rates, see Part II – Item 7A. “Quantitative and Qualitative Disclosures About Market Risk” of our 2016 Form 10-K.

 

Item 4. Controls and Procedures

 

Evaluation of Disclosure Controls and Procedures

 

Disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (“Exchange Act”)) are designed to provide reasonable assurance that information required to be disclosed in reports we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the SEC and that such information is accumulated and communicated to our management, including the Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”), as appropriate, to allow timely decisions regarding required disclosures.

 

In connection with the preparation of this Quarterly Report on Form 10-Q for the quarter ended March 31, 2017, our management, under the supervision and with the participation of our CEO and CFO, evaluated the effectiveness of the design and operation of our disclosure controls and procedures as of March 31, 2017. As a result of the assessment, our CEO and CFO have concluded that, as of March 31, 2017, our disclosure controls and procedures were effective.

  

 

Changes in Internal Control over Financial Reporting

 

There were no significant changes in our internal control over financial reporting during the quarter ended March 31, 2017, that have materially affected or are reasonably likely to materially affect our internal controls over financial reporting.

 

Part II – OTHER INFORMATION

 

Item 1. Legal Proceedings

 

We are party to a variety of legal actions arising out of the normal course of business. Plaintiffs occasionally seek punitive or exemplary damages. We do not believe that such normal and routine litigation will have a material impact on our consolidated financial results. We are also involved in other kinds of legal actions, some of which assert or may assert claims or seek to impose fines, penalties and other costs in substantial amounts. See Note 6 of the Notes to Condensed Consolidated Financial Statements in Part I – Item 1. “Financial Statements” of this 2017 Q1 Form 10-Q.

 

Item 1A. Risk Factors

 

In addition to the other information set forth in this 2017 Q1 Form 10-Q, the factors discussed in Part I – Item 1A. “Risk Factors” in our 2016 Form 10-K could materially affect our business, financial condition or operating results. The risks described in our 2016 Form 10-K are not the only risks facing us. There are additional risks and uncertainties not currently known to us or that we currently deem to be immaterial, that may also materially adversely affect our business, financial condition or operating results.

 

Item 6. Exhibits

 

(a) The exhibits filed as part of this 2017 Q1 Form 10-Q are listed below:

 

Exhibit

Number

 

Description 

     
31.1   Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
     
31.2   Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
     

32.1

 

Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

     

32.2

 

Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

     

101.INS

 

XBRL Instance Document

     

101.SCH

 

XBRL Taxonomy Extension Schema Document

     

101.CAL

 

XBRL Taxonomy Extension Calculation Document

     

101.DEF

 

XBRL Taxonomy Definition Linkbase Document

     
101.LAB   XBRL Taxonomy Extension Label Linkbase Document
     
101.PRE   XBRL Taxonomy Extension Presentation Linkbase Document

_____________________________ 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Dated: May 3, 2017

 

   

NORTHWEST PIPE COMPANY

By:

/s/ Scott Montross                                         

 

Scott Montross

 

Director, President and Chief Executive Officer

   

By:

/s/ Robin Gantt                                                

 

Robin Gantt

 

Senior Vice President, Chief Financial Officer

  and Corporate Secretary

 

(Principal Financial Officer)

 

 

20

EX-31.1 2 ex31-1.htm EXHIBIT 31.1 nwpx20170331_10q.htm

Exhibit 31.1

 

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

I, Scott Montross, certify that:

 

 

1.

I have reviewed this Quarterly Report on Form 10-Q of Northwest Pipe Company;

 

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

 

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

 

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

 

a.

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

 

b.

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

 

c.

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

 

d.

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

 

5.

The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

 

a.

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

 

b.

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

Date: May 3, 2017 

By:

/s/ Scott Montross  

 

 

Scott Montross  

 

 

Director, President and Chief Executive Officer  

 

 

 

EX-31.2 3 ex31-2.htm EXHIBIT 31.2 ex31-2.htm

Exhibit 31.2

 

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

I, Robin Gantt, certify that:

 

 

1.

I have reviewed this Quarterly Report on Form 10-Q of Northwest Pipe Company;

 

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

 

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

 

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

 

a.

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

 

b.

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

 

c.

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

 

d.

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

 

5.

The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

 

a.

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

 

b.

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: May 3, 2017 

By:

/s/ Robin Gantt  

 

 

Robin Gantt

 

 

Senior Vice President, Chief Financial Officer 
    and Corporate Secretary
    (Principal Financial Officer)

 

EX-32.1 4 ex32-1.htm EXHIBIT 32.1 ex32-1.htm

Exhibit 32.1

 

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with the Quarterly Report of Northwest Pipe Company (the “Company”) on Form 10-Q for the period ended March 31, 2017 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Scott Montross, Director, President and Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1)

The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

/s/ Scott Montross 

Scott Montross

Director, President and Chief Executive Officer

May 3, 2017

 

 

EX-32.2 5 ex32-2.htm EXHIBIT 32.2 ex32-2.htm

Exhibit 32.2

 

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with the Quarterly Report of Northwest Pipe Company (the “Company”) on Form 10-Q for the period ended March 31, 2017 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Robin Gantt, Senior Vice President, Chief Financial Officer and Corporate Secretary of the Company, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1)

The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

/s/ Robin Gantt 

Robin Gantt

Senior Vice President, Chief Financial Officer

and Corporate Secretary

May 3, 2017

 

 

EX-101.INS 6 nwpx-20170331.xml EXHIBIT 101.INS false --12-31 Q1 2017 2017-03-31 10-Q 0001001385 9604811 Yes Accelerated Filer Northwest Pipe Co. No No nwpx 900000 1300000 1700000 2200000 3400000 4500000 900000 1300000 1050000000 P13Y 17683000 19810000 P1Y 0 1 1 14 100 112000 1233000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Pension </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Liability</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Adjustment</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Unrealized </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Gains (Losses)</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">on Cash Flow </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Hedges</div></div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Total</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 55%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, December 31, 2016</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,493</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,483</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Other comprehensive income (loss) before reclassifications</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">25 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(12</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Amounts reclassified from Accumulated other comprehensive loss</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">77 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">82 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net current period adjustments to Other comprehensive income (loss)</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">102 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(7</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">95 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, March 31, 2017</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,391</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,388</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> </table></div><div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Pension </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Liability</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Adjustment</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Unrealized </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Gains (Losses)</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">on Cash Flow </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Hedges</div></div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div></div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div></div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Total</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 55%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, December 31, 2015</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,624</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">86 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,538</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Other comprehensive income (loss) before reclassifications</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">33 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(86</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(53</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Amounts reclassified from Accumulated other comprehensive loss</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">67 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(46</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">21 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net current period adjustments to Other comprehensive income (loss)</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">100 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(132</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(32</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, March 31, 2016</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,524</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(46</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,570</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 80%; MARGIN-LEFT: 27pt; MARGIN-RIGHT: 20%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">March 31, 2017</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">December 31, 2016</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Short-term inventories:</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Raw materials</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13,117 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,411 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Work-in-process</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,209 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,235 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Finished goods</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">323 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">40 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Supplies</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,305 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,351 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total short-term inventories</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16,954 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">19,037 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Long-term inventories:</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Finished goods</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">729 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">773 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total inventories</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">17,683 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">19,810 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 80%; MARGIN-RIGHT: 20%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Three Months Ended March 31,</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2017</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2016</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; TEXT-ALIGN: center" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">(in thousands)</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net sales:</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Water Transmission</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">29,657 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">29,358 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Tubular Products</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,570 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">29,666 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">33,928 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Gross profit (loss):</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Water Transmission</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,165 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(5,750</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Tubular Products</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(385</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">313 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">780 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(5,437</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Operating income (loss):</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Water Transmission</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(914</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(7,256</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Tubular Products</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(430</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">104 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Corporate</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(2,597</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(2,884</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(3,941</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(10,036</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> </tr> </table></div> 3627000 5267000 200000 7140000 10925000 87024000 85604000 -1388000 -1483000 118927000 118680000 81000 -28000 190000 206000 271000 178000 496000 515000 261000 -8000 42000 41000 128000 131000 196000 94000 231114000 241555000 103212000 112180000 6228000 5317000 911000 6267000 5215000 1052000 940000 2038000 27000 -20000 133000 131000 288000 325000 71000 539000 602000 20807000 21829000 10309000 9402000 -1022000 -907000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6.</div></div><div style="display: inline; font-weight: bold;"></div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;">Commitments and Contingencies</div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 0pt 0pt 27.35pt; LINE-HEIGHT: 1.25; TEXT-INDENT: -27.35pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Portland Harbor Superfund</div></div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">On <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2000,</div> a section of the lower Willamette River known as the Portland Harbor Site was included on the National Priorities List at the request of the United States Environmental Protection Agency (the &#x201c;EPA&#x201d;). While the Company&#x2019;s Portland, Oregon manufacturing facility does not border the Willamette River, an outfall from the facility&#x2019;s stormwater system drains into a neighboring property&#x2019;s privately owned stormwater system and slip. Since the listing of the site, the Company was notified by the EPA and the Oregon Department of Environmental Quality (&#x201c;ODEQ&#x201d;) of potential liability under the Comprehensive Environmental Response, Compensation and Liability Act (&#x201c;CERCLA&#x201d;). In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2008,</div> the Company was asked to file information disclosure reports with the EPA (CERCLA <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">104</div> (e) information request). A remedial investigation and feasibility study of the Portland Harbor Site has been directed by a group of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">14</div> potentially responsible parties known as the Lower Willamette Group under agreement with the EPA. The remedial investigation report was finalized in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016.</div> The feasibility study was finalized in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> by the EPA, and identified multiple remedial alternatives. The EPA issued the Record of Decision in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> selecting the remedy for cleanup at the Portland Harbor Site, which it believes will cost approximately <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$1.05</div> billion and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13</div> years to complete. The Record of Decision did not determine who is responsible for the costs of cleanup or how the cleanup costs will be allocated among the potentially responsible parties.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2001,</div> groundwater containing elevated volatile organic compounds was identified in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> localized area of leased property adjacent to the Portland facility furthest from the river. Assessment work was conducted in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2002</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2003</div> to further characterize the groundwater. In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2005,</div> the Company entered into a Voluntary Agreement for Remedial Investigation and Source Control Measures (the &#x201c;Voluntary Agreement&#x201d;) with ODEQ. The Company performed remedial investigation work required under the Voluntary Agreement and in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> the EPA and ODEQ requested additional sampling to be conducted. The Company provided a Final Supplemental Groundwater Sampling Work Plan in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> and in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> the ODEQ approved work to proceed. The Company initiated groundwater sampling in the fall of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> which will continue through the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> and results thus far have been generally consistent with previous sampling and modeling work.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Concurrent with the activities of the EPA and ODEQ, the Portland Harbor Natural Resources Trustee Council (&#x201c;Trustees&#x201d;) sent some or all of the same parties, including the Company, a notice of intent to perform a Natural Resource Damage Assessment (&#x201c;NRDA&#x201d;) for the Portland Harbor Site to determine the nature and extent of natural resource damages under CERCLA Section <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">107.</div> The Trustees for the Portland Harbor Site consist of representatives from several Northwest Indian Tribes, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> federal agencies and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> state agency. The Trustees act independently of the EPA and ODEQ. The Trustees have encouraged potentially responsible parties to voluntarily participate in the funding of their injury assessments and several of those parties have agreed to do so. In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014,</div> the Company agreed to participate in the injury assessment process, which included funding <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.4</div> million of the assessment; of this amount, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.2</div> million was paid in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div> and the remainder was paid in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015.</div> The Company has not assumed any additional payment obligations or liabilities with the participation with the NRDA. In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the Confederated Tribes and Bands of the Yakama Nation, a Trustee until they withdrew from the council in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2009,</div> filed a complaint against the potentially responsible parties including the Company to recover costs related to their own injury assessment and compensation for natural resources damages.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&nbsp;</div></div><div style=" MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company&#x2019;s potential liability is a portion of the costs of the remedy for the entire Portland Harbor Superfund Site. The cost of that remedy is expected to be allocated among more than <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">100</div> potentially responsible parties. Because of the large number of responsible parties and the variability in the range of remediation alternatives, the Company is unable to estimate an amount or an amount within a range of costs for its obligation with respect to the Portland Harbor Site matters, and no further adjustment to the Consolidated Financial Statements has been recorded as of the date of this filing. The Company has insurance policies for defense costs, as well as indemnification policies it believes will provide reimbursement for any share of the remediation assessed. However, the Company can provide no assurance that those policies will cover all of the costs which the Company <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may</div> incur.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014,</div> a federal district court approved settlements between the Company and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">two</div> of its insurance carriers. The Company released its interests in the related insurance policies, and received <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$2.6</div> million in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015</div> for reimbursement of past indemnification and defense costs incurred by the Company associated with the Portland Harbor Site, substantially all of which reduced Cost of sales in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014.</div> Notwithstanding these settlements, the Company continues to have insurance coverage for indemnification and defense costs related to the Portland Harbor Site as described above.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Houston Environmental Issue</div></div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In connection with the Company&#x2019;s sale of its oil country tubular goods (&#x201c;OCTG&#x201d;) business, a Limited Phase II Environmental Site Assessment was conducted at the Houston, Texas plant and completed in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014,</div> which revealed the presence of volatile organic compounds in the groundwater and certain metals in the soil. In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014,</div> the Company was accepted into the Texas Commission on Environmental Quality (&#x201c;TCEQ&#x201d;) Voluntary Cleanup Program (&#x201c;VCP&#x201d;) to address these issues and obtain a certificate of completion from TCEQ. The cost of any potential assessment and cleanup will not be covered by insurance. The Company believes these costs are likely to be recovered from the purchaser of the OCTG business upon future sale of the Houston property.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company has completed a groundwater assessment and continues to monitor groundwater. The proposed remediation approach includes a municipal setting designation ordinance, approved by the City of Houston City Council in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> to prevent consumption of shallow groundwater from beneath the property, thereby eliminating the need for more costly remediation measures.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In late <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> October</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the TCEQ notified the Company that a neighboring facility has asbestos contamination in its soil. In a <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> meeting with TCEQ, the Company was notified that it will need to assess asbestos contamination before the TCEQ will proceed with a certificate of completion. The Company developed an asbestos sampling plan with the TCEQ and the EPA staff that will begin in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">second</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div> The Company currently estimates that the future costs associated with the VCP will be between <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.1</div>&nbsp;million and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$1.6</div> million. As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the Company has a <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.2</div>&nbsp;million accrual for remediation costs based on the low-end estimate of future costs using a probability-weighted analysis of remediation approaches, and estimates that completion of the VCP process will occur between the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019.</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">All Sites</div></div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company operates its facilities under numerous governmental permits and licenses relating to air emissions, stormwater runoff and other environmental matters. The Company&#x2019;s operations are also governed by many other laws and regulations, including those relating to workplace safety and worker health, principally the Occupational Safety and Health Act and regulations there under which, among other requirements, establish noise and dust standards. The Company believes it is in material compliance with its permits and licenses and these laws and regulations, and the Company does not believe that future compliance with such laws and regulations will have a material adverse effect on its financial position, results of operations or cash flows.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Other Contingencies and Legal Proceedings</div></div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">From time to time, the Company is involved in litigation relating to claims arising out of its operations in the normal course of its business. The Company maintains insurance coverage against potential claims in amounts that are believed to be adequate. To the extent that insurance does not cover legal, defense and indemnification costs associated with a loss contingency, the Company records accruals when such losses are considered probable and reasonably estimable. The Company believes that it is not presently a party to litigation, the outcome of which would have a material adverse effect on its business, financial condition, results of operations or cash flows.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Guarantees</div></div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company has entered into certain letters of credit that total <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$2.0</div>&nbsp;million as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div> The letters of credit relate to workers&#x2019; compensation insurance.</div></div></div> 0.01 0.01 15000000 15000000 9604811 9601011 9604811 9601011 96000 96000 -3773000 -9615000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">8</div></div><div style="display: inline; font-weight: bold;">.</div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;">Accumulated Other Comprehensive Loss</div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The following tables summarize changes in the components of Accumulated other comprehensive loss during the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> (in thousands). All amounts are net of income tax:</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Pension </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Liability</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Adjustment</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Unrealized </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Gains (Losses)</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">on Cash Flow </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Hedges</div></div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Total</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 55%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, December 31, 2016</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,493</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,483</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Other comprehensive income (loss) before reclassifications</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">25 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(12</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Amounts reclassified from Accumulated other comprehensive loss</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">77 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">82 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net current period adjustments to Other comprehensive income (loss)</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">102 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(7</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">95 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, March 31, 2017</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,391</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,388</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> </table> </div> <div style=" MARGIN: 0pt; LINE-HEIGHT: 1.25">&nbsp;</div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Pension </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Liability</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Adjustment</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Unrealized </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Gains (Losses)</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">on Cash Flow </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Hedges</div></div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div></div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div></div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Total</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 55%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, December 31, 2015</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,624</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">86 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,538</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Other comprehensive income (loss) before reclassifications</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">33 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(86</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(53</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Amounts reclassified from Accumulated other comprehensive loss</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">67 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(46</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">21 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net current period adjustments to Other comprehensive income (loss)</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">100 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(132</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(32</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, March 31, 2016</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,524</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(46</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1,570</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> </table> </div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&nbsp;</div></div> <div style=" MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The following table provides additional detail about Accumulated other comprehensive loss components that were reclassified to the Condensed Consolidated Statements of Operations during the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> (in thousands):</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 95%; MARGIN-RIGHT: 5%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%" width="433"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="322" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Three Months Ended March 31,</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; PADDING-BOTTOM: 1px" width="20"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%" width="299"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9">&nbsp;</td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%" width="433"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="152" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2017</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; PADDING-BOTTOM: 1px" width="9"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="152" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2016</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; PADDING-BOTTOM: 1px" width="20"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%" width="299"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9">&nbsp;</td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid" width="433"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Details about Accumulated Other </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Comprehensive Loss Components</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="322" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Amount reclassified from Accumulated </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Other Comprehensive Loss</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; PADDING-BOTTOM: 1px" width="20"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="299"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Affected line item in the </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Condensed Consolidated</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Statements of Operations</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: center" width="9">&nbsp;</td> </tr> <tr> <td style="WIDTH: 42%" width="433">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> <td style="WIDTH: 12%" width="143">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> <td style="WIDTH: 12%" width="143">&nbsp;</td> <td style="WIDTH: 1%" width="20">&nbsp;</td> <td style="WIDTH: 1%" width="299">&nbsp;</td> <td style="WIDTH: 26%" width="299">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Pension liability adjustment:</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="143">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="143">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="20">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net periodic pension cost</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(81</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="9" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(71</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="20" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Cost of sales </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Associated income tax benefit </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="9" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="20" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Income tax benefit </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; BACKGROUND-COLOR: #ffffff" width="433">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(77</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="9" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(67</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="20" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net of tax </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="WIDTH: 42%; BACKGROUND-COLOR: #cceeff" width="433">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="WIDTH: 12%; BACKGROUND-COLOR: #cceeff" width="143">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="WIDTH: 12%; BACKGROUND-COLOR: #cceeff" width="143">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="20">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="WIDTH: 26%; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Unrealized gain (loss) on cash flow hedges:</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="143">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="143">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="20">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Gain (loss) on cash flow hedges</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(8</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="9" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">74 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="20" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net sales </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Associated income tax (expense) benefit </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="9" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(28</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="20" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Income tax benefit </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; BACKGROUND-COLOR: #cceeff" width="433">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(5</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="9" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">46 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="20" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net of tax </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="WIDTH: 42%; BACKGROUND-COLOR: #ffffff" width="433">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="WIDTH: 12%; BACKGROUND-COLOR: #ffffff" width="143">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="WIDTH: 12%; BACKGROUND-COLOR: #ffffff" width="143">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="20">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="WIDTH: 26%; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total reclassifications for the period </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff" width="9">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(82</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="9" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff" width="9">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(21</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="20" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; BACKGROUND-COLOR: #cceeff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> </table> </div></div> 28886000 39365000 81000 71000 45063000 43663000 6202000 5317000 885000 6209000 5215000 994000 -238000 -602000 1044000 1282000 1850000 2181000 26000 26000 58000 58000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4</div></div><div style="display: inline; font-weight: bold;">.</div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;">Derivative Instruments and Hedging Activities</div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company conducts business in various foreign countries and, from time to time, settles transactions in foreign currencies. The Company has established a program that utilizes foreign currency forward contracts to offset the risk associated with the effects of certain foreign currency exposures, typically arising from sales contracts denominated in Canadian currency. Instruments that do not qualify for cash flow hedge accounting treatment are remeasured at fair value on each balance sheet date and resulting gains and losses are recognized in earnings. As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the total notional amount of the derivative contracts not designated as cash flow hedges was <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.9</div></div>&nbsp;million <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(CAD<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$1.3</div></div>&nbsp;million). As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the total notional amount of the derivative contracts designated as cash flow hedges was <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$1.7</div>&nbsp;million <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(CAD$2.2</div>&nbsp;million) and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$3.4</div>&nbsp;million <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(CAD$4.5</div>&nbsp;million), respectively. Derivative assets are included within Prepaid expenses and other and derivative liabilities are included within Accrued liabilities in the Condensed Consolidated Balance Sheets. All of the Company&#x2019;s foreign currency forward contracts are subject to an enforceable master netting arrangement. The Company presents the assets and liabilities associated with its foreign currency forward contracts at their gross fair values in the Condensed Consolidated Balance Sheets.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">For each derivative contract entered into in which the Company seeks to obtain cash flow hedge accounting treatment, the Company formally documents all relationships between hedging instruments and hedged items, as well as its risk management objective and strategy for undertaking the hedge transaction, the nature of the risk being hedged, how the hedging instrument&#x2019;s effectiveness in offsetting the hedged risk will be assessed prospectively and retrospectively and a description of the method of measuring ineffectiveness. This process includes linking all derivatives to specific firm commitments or forecasted transactions and designating the derivatives as cash flow hedges. The Company also formally assesses, both at the hedge&#x2019;s inception and on an ongoing basis, whether the derivative contracts that are used in hedging transactions are highly effective in offsetting changes in cash flows of hedged items. The effective portion of these hedged items is reflected in Unrealized loss on cash flow hedges on the Condensed Consolidated Statements of Comprehensive Loss. If it is determined that a derivative contract is not highly effective, or that it has ceased to be a highly effective hedge, the Company will be required to discontinue hedge accounting with respect to that derivative contract prospectively.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&nbsp;</div></div> <div style=" MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">All of the Company&#x2019;s Canadian forward contracts have maturities less than <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">twelve</div> months as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">For the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> gains (losses) recognized in Net sales from derivative contracts not designated as hedging instruments were approximately <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$(0.2)</div>&nbsp;million, respectively. As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> unrealized pretax gains on outstanding derivatives in Accumulated other comprehensive loss was approximately <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.</div> Typically, outstanding derivatives balances in Accumulated other comprehensive loss are expected to be reclassified to Net sales within the next <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">twelve</div> months as a result of underlying hedged transactions also being recorded in Net sales. See Note&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">8,</div> &#x201c;Accumulated Other Comprehensive Loss&#x201d; for additional quantitative information regarding derivative gains and losses.</div></div></div> 0 -200000 14000 14000 8000 8000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5</div></div><div style="display: inline; font-weight: bold;">.</div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;">Share-based Compensation</div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> active stock incentive plan for employees and directors, the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2007</div> Stock Incentive Plan, which provides for awards of stock options to purchase shares of common stock, stock appreciation rights, restricted and unrestricted shares of common stock, restricted stock units (&#x201c;RSUs&#x201d;) and performance share awards (&#x201c;PSAs&#x201d;). In addition, the Company has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> inactive stock option plan, the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1995</div> Stock Option Plan for Nonemployee Directors, under which previously granted options remain outstanding.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company recognizes share-based compensation cost, based on grant date estimated fair value of the awards, over the period during which the employee or director is required to provide service in exchange for the award, and as forfeitures occur, the associated compensation cost recognized to date is reversed. The following table summarizes share-based compensation expense recorded (in thousands):</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 80%; MARGIN-RIGHT: 20%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Three Months Ended March 31,</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2017</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2016</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Cost of sales</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">81 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(28</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Selling, general and administrative expense</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">190 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">206 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">271 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">178 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> </table> </div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> unrecognized compensation expense related to the unvested portion of the Company&#x2019;s RSUs and PSAs was <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.7</div>&nbsp;million, which is expected to be recognized over a weighted average period of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0.8</div> years.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Stock Option Awards</div></div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">A summary of option activity under the Company&#x2019;s stock option plans as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and changes during the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months then ended is presented below:</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 85%; MARGIN-RIGHT: 15%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Options </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Outstanding </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Weighted </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Average</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Exercise Price </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Weighted</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Average</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Remaining </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Contractual</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Life </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Aggregate </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Intrinsic Value </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: center"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: center"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">(in years) </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">(In thousands) </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 40%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, December 31, 2016 </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26,000 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">24.97 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Options granted </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Options exercised </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Options canceled </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, March 31, 2017 </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26,000 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">24.97 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Exercisable, March 31, 2017 </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26,000 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">24.97 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.78 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> </table> </div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&nbsp;</div></div> <div style=" MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"></div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Restricted Stock Units and Performance </div></div><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Share </div></div><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Awards</div></div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">A summary of activity under the Company&#x2019;s RSUs and PSAs as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and changes during the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months then ended is presented below:</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 80%; MARGIN-RIGHT: 20%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Number of</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">RSUs and </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">PSAs</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Weighted </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Average Grant</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Date Fair Value</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Unvested RSUs and PSAs as of December 31, 2016</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">221,791 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">17.36 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">RSUs and PSAs granted</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Unvested RSUs and PSAs canceled</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(46,988</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">43.68 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">RSUs vested</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(5,220</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">36.00 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Unvested RSUs as of March 31, 2017</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">169,583 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9.50 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> </table> </div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">RSUs and PSAs are measured at the estimated fair value on the date of grant. RSUs are service-based awards and vest according to vesting schedules, which range from immediate to ratably over a <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div>-year period. PSAs are service-based awards that vest over a <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div>-year period and have a market-based payout condition. Vesting of the market-based PSAs is dependent upon the performance of the market price of the Company&#x2019;s stock relative to a peer group of companies. In the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the remaining PSAs were canceled because the market-based conditions were not achieved, and the actual number of common shares that were issued was determined by multiplying the PSAs by a payout percentage of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0%.</div></div></div></div> -0.40 -1 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9</div></div><div style="display: inline; font-weight: bold;">.</div><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;"></div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;">Loss</div><div style="display: inline; font-weight: bold;"> per Share</div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Loss per basic and diluted weighted average common share outstanding was calculated as follows for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> (in thousands, except per share data):</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 95%; MARGIN-RIGHT: 5%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Three Months Ended March 31,</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2017</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2016</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 68%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net loss</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(3,868</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(9,583</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Basic weighted-average common shares outstanding</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9,604 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9,572 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Effect of potentially dilutive common shares<div style="display: inline; bottom:.33em; font-size: 82%; position: relative; vertical-align: baseline; vertical-align: baseline; position: relative; bottom:.33em;">(1)</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Diluted weighted-average common shares outstanding</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9,604 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9,572 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Loss per basic and diluted common share</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(0.40</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1.00</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> </table> </div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 9pt"> <div style=" MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div></td> <td style="WIDTH: 18pt; VERTICAL-ALIGN: top"> <div style=""><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1)</div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=""><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Due to the Company&#x2019;s net loss in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the assumed exercise of stock options and the vesting of restricted stock units and performance share awards using the treasury stock method would have had an antidilutive effect and were therefore excluded from the computation of diluted loss per share. The weighted average number of such antidilutive shares not included in the computation of diluted loss per share was approximately <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">196,000</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">94,000</div> for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> respectively.</div></div></div></td> </tr> </table></div> 0.054 0.053 P292D 700000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3</div></div><div style="display: inline; font-weight: bold;">.</div><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;"></div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;">Fair Value Measurements</div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company records its financial assets and liabilities at fair value, which is defined as the price that would be received to sell an asset or paid to transfer a liability, in the principal or most advantageous market for the asset or liability, in an orderly transaction between market participants at the measurement date.</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The authoritative guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> broad levels. These levels are: Level&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div> (inputs are quoted prices in active markets for identical assets or liabilities); Level&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div> (inputs are other than quoted prices that are observable, either directly or indirectly through corroboration with observable market data); and Level&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3</div> (inputs are unobservable, with little or no market data that exists, such as internal financial forecasts). The Company is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&nbsp;</div></div> <div style=" MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The following table summarizes information regarding the Company&#x2019;s financial assets and liabilities that are measured at fair value (in thousands):</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Total </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Level 1 </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Level 2 </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Level 3 </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 52%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">As of March 31, 2017 </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Financial assets: </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Deferred compensation plan </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,202 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,317 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">885 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Derivatives </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total assets </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,228 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,317 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">911 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Financial liabilities: </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Derivatives </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(14</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(14</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">As of December 31, 2016 </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Financial assets: </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Deferred compensation plan </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,209 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,215 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">994 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Derivatives </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">58 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">58 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total assets </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,267 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,215 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,052 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Financial liabilities: </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Derivatives </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(8</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(8</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> </table> </div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The deferred compensation plan assets consist of cash and several publicly traded stock and bond mutual funds, valued using quoted market prices in active markets, classified as Level&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div> within the fair value hierarchy, as well as guaranteed investment contracts, valued at principal plus interest credited at contract rates, classified as Level&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div> within the fair value hierarchy.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company&#x2019;s derivatives consist of foreign currency forward contracts, which are accounted for as cash flow hedges, and are valued using various pricing models or discounted cash flow analyses that incorporate observable market parameters, such as interest rate yield curves and currency rates, classified as Level&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div> within the fair value hierarchy. Derivative valuations incorporate credit risk adjustments that are necessary to reflect the probability of default by the counterparty or the Company.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The net carrying amounts of cash and cash equivalents, trade and other receivables, accounts payable, accrued liabilities and borrowings on the line of credit approximate fair value due to the short-term nature of these instruments.</div></div></div> 0 -30000 -415000 19000 -10000 780000 -5437000 1165000 -5750000 -385000 313000 -4089000 -10115000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">7</div></div><div style="display: inline; font-weight: bold;">.</div><div style="display: inline; font-weight: bold;"></div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;">Income Taxes</div><div style="display: inline; font-weight: bold;"> </div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company files income tax returns in the United States Federal jurisdiction, in a limited number of foreign jurisdictions and in many state jurisdictions. Internal Revenue Service examinations have been completed for years prior to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2011.</div> With few exceptions, the Company is no longer subject to United States Federal, state or foreign income tax examinations for years before <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2012.</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&nbsp;</div></div> <div style=" MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company recorded an income tax benefit at an estimated effective income tax rate of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5.4%</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5.3%</div> for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> respectively. The Company&#x2019;s estimated effective income tax rate for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> is lower than statutory rates primarily because of the accounting change discussed in Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,</div> &#x201c;Recent Accounting and Reporting Developments&#x201d; under which the Company recognized <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.8</div>&nbsp;million of excess tax deficiencies from share-based compensation as an income tax expense for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$4.9</div>&nbsp;million of unrecognized income tax benefits as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016.</div> It is reasonably possible that the total amounts of unrecognized income tax benefits will change in the following <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">twelve</div> months as a result of the lapse of tax statutes of limitation; however, actual results could differ from those currently expected. Effectively all of the unrecognized income tax benefits would affect the Company&#x2019;s effective income tax rate if recognized at some point in the future. The Company recognizes interest and penalties related to uncertain income tax positions in Income tax expense.</div></div></div> 800000 -221000 -532000 -4000 -4000 -3000 28000 -6678000 -5606000 -1714000 -735000 -3657000 -1263000 2498000 -4434000 -2038000 -119000 -387000 -285000 2600000 137000 119000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.</div></div><div style="display: inline; font-weight: bold;"></div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;">Inventories</div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Inventories consist of the following (in thousands):</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 80%; MARGIN-LEFT: 27pt; MARGIN-RIGHT: 20%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">March 31, 2017</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">December 31, 2016</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Short-term inventories:</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Raw materials</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13,117 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,411 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Work-in-process</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,209 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,235 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Finished goods</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">323 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">40 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Supplies</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,305 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,351 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total short-term inventories</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16,954 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">19,037 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Long-term inventories:</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Finished goods</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">729 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">773 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total inventories</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">17,683 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">19,810 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> </table> </div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Long-term inventories are recorded in Other assets. As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> inventories were stated at the lower of cost or market. Upon adoption of Accounting Standards Update (&#x201c;ASU&#x201d;) No.&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,</div> &#x201c;Inventory (Topic&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">330):</div> Simplifying the Measurement of Inventory&#x201d; on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> which did not result in a change in the Company&#x2019;s inventory values, inventories are stated at the lower of cost and net realizable value. See further discussion of this ASU in Note&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,</div> &#x201c;Recent Accounting and Reporting Developments.&#x201d;</div></div></div> 323000 40000 16954000 19037000 729000 773000 13117000 15411000 2305000 2351000 1209000 1235000 2000000 25427000 32342000 231114000 241555000 11995000 18555000 400000 200000 100000 1600000 -236000 -1360000 -504000 -736000 -282000 1189000 -3868000 -9583000 -77000 -67000 -5000 46000 -82000 -21000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div></div><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div></div><div style="display: inline; font-weight: bold;">.</div><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;"></div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;">Recent Accounting and Reporting Developments</div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">There have been no developments to recently issued accounting standards, including the expected dates of adoption and estimated effects on the Company&#x2019;s Condensed Consolidated Financial Statements and disclosures in Notes to Condensed Consolidated Financial Statements, from those disclosed in the Company&#x2019;s <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> Form&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K, except for the following:</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Accounting Changes</div></div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015,</div> the Financial Accounting Standards Board (&#x201c;FASB&#x201d;) issued Accounting Standards Update No.&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,</div> &#x201c;Inventory (Topic&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">330):</div> Simplifying the Measurement of Inventory&#x201d; (&#x201c;ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11&#x201d;).</div> As a result of ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,</div> companies are required to measure inventory at the lower of cost and net realizable value. This is a change from the prior requirement to value inventory at the lower of cost or market. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. Inventory valued using the last-in, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div>-out or retail inventory method is exempt from ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11.</div> The Company adopted this guidance prospectively on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and the impact was not material to the Company&#x2019;s financial position, results of operations or cash flows.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the FASB issued Accounting Standards Update No.&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09,</div> &#x201c;Compensation&#x2013;Stock Compensation (Topic&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">718):</div> Improvements to Employee Share-Based Payment Accounting&#x201d; (&#x201c;ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09&#x201d;).</div> ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div> identifies areas for simplification involving several aspects of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, as well as certain classifications on the statement of cash flows. As a result of the adoption of this guidance on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> on a prospective basis, the Company recognized <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.8</div> million of excess tax deficiencies from share-based compensation in Income tax benefit for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div> Historically, these amounts were recorded as Additional paid-in capital.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&nbsp;</div></div> <div style=" MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Recent Accounting Standards</div></div></div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> May</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014,</div> the FASB issued Accounting Standards Update No.&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09,</div> &#x201c;Revenue from Contracts with Customers (Topic&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">606)&#x201d;</div> (&#x201c;ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09&#x201d;)</div> which will replace most existing revenue recognition guidance in accordance with United States generally accepted accounting principles (&#x201c;U.S. GAAP&#x201d;). The core principle of ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div> is that an entity should recognize revenue for the transfer of goods or services equal to the amount that it expects to be entitled to receive for those goods or services. ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div> requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments. ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div> will be effective for the Company beginning <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018,</div> including interim periods in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018,</div> and allows for both retrospective and prospective methods of adoption. During <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the FASB issued several ASUs that clarify the implementation guidance for ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div> but do not change the core principle of the guidance.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company is currently evaluating the impact of this revenue recognition guidance on its consolidated financial statements, including which of the alternative application approaches available under the standard will be utilized for its adoption. To date, the Company has examined its revenue streams, and does not believe that the adoption of ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div> will have a material impact on its revenue recognition patterns as compared to revenue recognition under the existing revenue guidance, as the Company expects that revenues generated will continue to be recognized over time utilizing the percent-complete measure of progress consistent with current practice. The Company will continue to evaluate the impacts of ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div> through the date of adoption to ensure that its preliminary conclusions continue to remain accurate. Additionally, the Company is continuing its assessment of ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09&#x2019;s</div> impact on its financial statement disclosures.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the FASB issued Accounting Standards Update No.&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02,</div> &#x201c;Leases (Topic&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">842)&#x201d;</div> (&#x201c;ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02&#x201d;).</div> ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02</div> makes changes to U.S. GAAP, requiring the recognition of lease assets and lease liabilities by lessees for those leases previously classified as operating leases. For operating leases, the lease asset and lease liability will be initially measured at the present value of the lease payments in the balance sheet. The cost of the lease is then allocated over the lease term on a generally straight-line basis. All cash payments will be classified within operating activities in the statement of cash flows. For financing leases, the lease asset and lease liability will be initially measured at the present value of the lease payments in the balance sheet. Interest on the lease liability will be recognized separately from amortization of the lease asset in the statement of comprehensive income. In the statement of cash flows, repayments of the principal portion of the lease liability will be classified within financing activities, and payments of interest on the lease liability and variable payments will be classified within operating activities. For leases with terms of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">twelve</div> months or less, a lessee is permitted to make an accounting policy election by asset class not to recognize lease assets and lease liabilities. Lease expense for such leases will be generally recognized straight-line basis over the lease term. The accounting applied by a lessor is largely unchanged from previous U.S. GAAP. ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02</div> requires qualitative disclosures along with specific quantitative disclosures and will be effective for the Company beginning <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019,</div> including interim periods in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019.</div> ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02</div> provides for a transitional adoption, with lessees and lessors required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. Early adoption is permitted. The Company does not expect a material impact to the Company&#x2019;s financial position, results of operations or cash flows from adoption of this guidance.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the FASB issued Accounting Standards Update No.&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">07,</div> &#x201c;Compensation&#x2014;Retirement Benefits (Topic&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">715):</div> Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost&#x201d; (&#x201c;ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">07&#x201d;),</div> which requires that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">07</div> requires other components of net benefit cost to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> is presented. If a separate line item or items are used to present the other components of net benefit cost, that line item or items must be appropriately described. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">07</div> allows only the service cost component to be eligible for capitalization, when applicable. ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">07</div> will be effective for the Company beginning <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018,</div> including interim periods in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018.</div> The Company is currently assessing the impact of ASU&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">07</div> on its Consolidated Financial Statements.</div></div></div> 25000 -12000 13000 33000 -86000 -53000 -3941000 -10036000 -914000 -7256000 -430000 104000 -2597000 -2884000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.</div></div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Basis of Presentation</div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Condensed Consolidated Financial Statements include the accounts of Northwest Pipe Company (the &#x201c;Company&#x201d;) and its subsidiaries in which the Company exercises control as of the financial statement date. Intercompany accounts and transactions have been eliminated.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in conformity with accounting principles generally accepted in the United States of America. The financial information as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> is derived from the audited Consolidated Financial Statements presented in the Company&#x2019;s Annual Report on Form&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K for the year ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> (the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&#x201c;2016</div> Form&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K&#x201d;). Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted, pursuant to the rules and regulations of the Securities and Exchange Commission (the &#x201c;SEC&#x201d;). In the opinion of management, the accompanying Condensed Consolidated Financial Statements include all adjustments necessary (which are of a normal and recurring nature) for the fair statement of the results of the interim periods presented. The Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto together with management&#x2019;s discussion and analysis of financial condition and results of operations contained in the Company&#x2019;s <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> Form&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Certain amounts from the prior year financial statements have been reclassified in order to conform to the current year presentation.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Operating results for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> are not necessarily indicative of the results that <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may</div> be expected for the entire fiscal year ending <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div></div></div></div> 11054000 11274000 -7000 -132000 95000 -32000 102000 -7000 95000 100000 -132000 -32000 -102000 -100000 11849000 11903000 -11000 40000 24000 31000 529000 736000 0.01 0.01 10000000 10000000 0 0 0 0 1772000 2096000 25000 116848000 118101000 18616000 25555000 -77000 -5000 -82000 -67000 46000 -21000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 95%; MARGIN-RIGHT: 5%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%" width="433"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="322" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Three Months Ended March 31,</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; PADDING-BOTTOM: 1px" width="20"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%" width="299"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9">&nbsp;</td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%" width="433"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="152" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2017</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; PADDING-BOTTOM: 1px" width="9"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="152" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2016</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; PADDING-BOTTOM: 1px" width="20"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%" width="299"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9">&nbsp;</td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid" width="433"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Details about Accumulated Other </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Comprehensive Loss Components</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%" width="9"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="322" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Amount reclassified from Accumulated </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Other Comprehensive Loss</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; PADDING-BOTTOM: 1px" width="20"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" width="299"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Affected line item in the </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Condensed Consolidated</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Statements of Operations</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: center" width="9">&nbsp;</td> </tr> <tr> <td style="WIDTH: 42%" width="433">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> <td style="WIDTH: 12%" width="143">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> <td style="WIDTH: 12%" width="143">&nbsp;</td> <td style="WIDTH: 1%" width="20">&nbsp;</td> <td style="WIDTH: 1%" width="299">&nbsp;</td> <td style="WIDTH: 26%" width="299">&nbsp;</td> <td style="WIDTH: 1%" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Pension liability adjustment:</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="143">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="143">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="20">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net periodic pension cost</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(81</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="9" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(71</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="20" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Cost of sales </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Associated income tax benefit </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="9" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="20" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Income tax benefit </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; BACKGROUND-COLOR: #ffffff" width="433">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(77</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="9" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(67</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="20" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net of tax </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="WIDTH: 42%; BACKGROUND-COLOR: #cceeff" width="433">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="WIDTH: 12%; BACKGROUND-COLOR: #cceeff" width="143">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="WIDTH: 12%; BACKGROUND-COLOR: #cceeff" width="143">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="20">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="WIDTH: 26%; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Unrealized gain (loss) on cash flow hedges:</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="143">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="143">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="20">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Gain (loss) on cash flow hedges</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(8</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="9" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">74 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="20" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net sales </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Associated income tax (expense) benefit </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="9" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(28</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" width="20" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Income tax benefit </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; BACKGROUND-COLOR: #cceeff" width="433">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(5</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="9" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">46 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="20" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> </div><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net of tax </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="WIDTH: 42%; BACKGROUND-COLOR: #ffffff" width="433">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="WIDTH: 12%; BACKGROUND-COLOR: #ffffff" width="143">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> <td style="WIDTH: 12%; BACKGROUND-COLOR: #ffffff" width="143">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="20">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="WIDTH: 26%; BACKGROUND-COLOR: #ffffff" width="299">&nbsp;</td> <td style="WIDTH: 1%; BACKGROUND-COLOR: #ffffff" width="9">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 42%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="433"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total reclassifications for the period </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff" width="9">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(82</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="9" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff" width="9">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" width="143"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(21</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" width="20" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="299">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 26%; BACKGROUND-COLOR: #cceeff" width="299"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; BACKGROUND-COLOR: #cceeff" width="9">&nbsp;</td> </tr> </table></div> 100000 96000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div></div><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div></div><div style="display: inline; font-weight: bold;">.</div><div style="display: inline; font-weight: bold;"></div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;">Restructuring</div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> October</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the Company sold the Denver, Colorado facility (part of the Water Transmission segment) and leased the property back from the buyer through <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> in order to conclude production at the facility, complete final shipments and transfer certain equipment assets to other Company facilities. The Company incurred restructuring expense of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.9</div>&nbsp;million during the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div>&nbsp;<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">31,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> related to demobilization activities. The Company completed the demobilization project and vacated the facility in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div></div></div></div> 900000 881000 88052000 91920000 29666000 33928000 29657000 29358000 9000 4570000 -8000 74000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 95%; MARGIN-RIGHT: 5%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Three Months Ended March 31,</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2017</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2016</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 68%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net loss</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(3,868</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(9,583</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Basic weighted-average common shares outstanding</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9,604 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9,572 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Effect of potentially dilutive common shares<div style="display: inline; bottom:.33em; font-size: 82%; position: relative; vertical-align: baseline; vertical-align: baseline; position: relative; bottom:.33em;">(1)</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Diluted weighted-average common shares outstanding</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9,604 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9,572 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Loss per basic and diluted common share</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(0.40</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 13%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(1.00</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 80%; MARGIN-RIGHT: 20%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Three Months Ended March 31,</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2017</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2016</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Cost of sales</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">81 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(28</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Selling, general and administrative expense</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">190 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">206 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">271 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">178 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Total </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Level 1 </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Level 2 </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Level 3 </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 52%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">As of March 31, 2017 </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Financial assets: </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Deferred compensation plan </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,202 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,317 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">885 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Derivatives </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total assets </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,228 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,317 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">911 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Financial liabilities: </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Derivatives </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(14</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(14</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">As of December 31, 2016 </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Financial assets: </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Deferred compensation plan </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,209 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,215 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">994 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Derivatives </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">58 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">58 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total assets </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,267 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,215 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,052 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Financial liabilities: </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Derivatives </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(8</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(8</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 85%; MARGIN-RIGHT: 15%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Options </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Outstanding </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Weighted </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Average</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Exercise Price </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Weighted</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Average</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Remaining </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Contractual</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Life </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Aggregate </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Intrinsic Value </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: center"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: center"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">(in years) </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">(In thousands) </div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 40%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, December 31, 2016 </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26,000 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">24.97 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Options granted </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Options exercised </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Options canceled </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Balance, March 31, 2017 </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26,000 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">24.97 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Exercisable, March 31, 2017 </div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26,000 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">24.97 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.78 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 12%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 80%; MARGIN-RIGHT: 20%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Number of</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">RSUs and </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">PSAs</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Weighted </div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Average Grant</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Date Fair Value</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Unvested RSUs and PSAs as of December 31, 2016</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">221,791 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">17.36 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">RSUs and PSAs granted</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">- </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Unvested RSUs and PSAs canceled</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(46,988</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">43.68 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">RSUs vested</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(5,220</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">36.00 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Unvested RSUs as of March 31, 2017</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">169,583 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9.50 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 27pt; VERTICAL-ALIGN: top"><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div></div><div style="display: inline; font-weight: bold;">.</div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div><div style="display: inline; font-weight: bold;">Segment Information</div></div></div></td> </tr> </table> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The operating segments reported below are based on the nature of the products sold and the manufacturing process used by the Company and are the segments of the Company for which separate financial information is available and for which operating results are regularly evaluated by the Company&#x2019;s chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance. Management evaluates segment performance based on operating income.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company&#x2019;s Water Transmission segment manufactures large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems. These products are also used for hydroelectric power systems, wastewater systems and other applications. In addition, the Water Transmission segment makes products for industrial plant piping systems and certain structural applications.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&nbsp;</div></div> <div style=" MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company&#x2019;s Tubular Products segment manufactures and markets smaller diameter, electric resistance welded steel pipe used in a wide range of applications, including energy, construction, agricultural and industrial systems. The Company&#x2019;s Tubular Products segment has a manufacturing facility located in Atchison, Kansas and real property located in Houston, Texas. The Atchison facility operated at reduced levels from <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> April</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015</div> to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> when the Company idled the facility to reduce operating expenses until market conditions improve or a sale is completed.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 80%; MARGIN-RIGHT: 20%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Three Months Ended March 31,</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2017</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2016</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; TEXT-ALIGN: center" colspan="6"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">(in thousands)</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Net sales:</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Water Transmission</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">29,657 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">29,358 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Tubular Products</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,570 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">29,666 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">33,928 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Gross profit (loss):</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Water Transmission</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,165 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(5,750</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Tubular Products</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(385</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">313 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">780 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(5,437</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="BACKGROUND-COLOR: #cceeff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Operating income (loss):</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Water Transmission</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(914</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(7,256</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Tubular Products</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(430</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">104 </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">&nbsp;</td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 9pt; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Corporate</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(2,597</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(2,884</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">)</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; PADDING-LEFT: 18pt; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Total</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(3,941</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff">&nbsp;</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #ffffff">$</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(10,036</div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">)</td> </tr> </table> </div></div> 3840000 4599000 271000 178000 P3Y P3Y 46988 43.68 221791 169583 17.36 9.50 5220 36 26000 24.97 26000 26000 24.97 24.97 P2Y284D -1493000 10000 -1483000 -1391000 3000 -1388000 -1624000 86000 -1538000 -1524000 -46000 -1570000 205687000 209213000 4900000 4900000 9604000 9572000 9604000 9572000 9604000 9572000 Due to the Company's net loss in the three months ended March 31, 2017 and 2016, the assumed exercise of stock options and the vesting of restricted stock units and performance share awards using the treasury stock method would have had an antidilutive effect and were therefore excluded from the computation of diluted loss per share. The weighted average number of such antidilutive shares not included in the computation of diluted loss per share was approximately 196,000 and 94,000 for the three months ended March 31, 2017 and 2016, respectively. xbrli:shares xbrli:pure iso4217:USD iso4217:CAD iso4217:USD xbrli:shares 0001001385 nwpx:PortlandHarborNaturalreSourcesTrusteeCouncilMember 2014-07-01 2014-07-31 0001001385 2015-01-01 2015-01-31 0001001385 2016-01-01 2016-03-31 0001001385 us-gaap:OperatingSegmentsMember nwpx:TubularProductsMember 2016-01-01 2016-03-31 0001001385 us-gaap:OperatingSegmentsMember nwpx:WaterTransmissionGroupMember 2016-01-01 2016-03-31 0001001385 us-gaap:CostOfSalesMember 2016-01-01 2016-03-31 0001001385 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2016-01-01 2016-03-31 0001001385 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2016-01-01 2016-03-31 0001001385 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2016-01-01 2016-03-31 0001001385 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2016-01-01 2016-03-31 0001001385 us-gaap:CorporateMember 2016-01-01 2016-03-31 0001001385 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2016-01-01 2016-03-31 0001001385 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2016-01-01 2016-03-31 0001001385 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-01-01 2016-03-31 0001001385 2017-01-01 2017-01-31 0001001385 2017-01-01 2017-03-31 0001001385 us-gaap:AccountingStandardsUpdate201609Member 2017-01-01 2017-03-31 0001001385 us-gaap:PerformanceSharesMember 2017-01-01 2017-03-31 0001001385 nwpx:RestrictedStockUnitsAndPerformanceStockAwardsMember 2017-01-01 2017-03-31 0001001385 us-gaap:RestrictedStockUnitsRSUMember 2017-01-01 2017-03-31 0001001385 us-gaap:OperatingSegmentsMember nwpx:TubularProductsMember 2017-01-01 2017-03-31 0001001385 us-gaap:OperatingSegmentsMember nwpx:WaterTransmissionGroupMember 2017-01-01 2017-03-31 0001001385 us-gaap:CostOfSalesMember 2017-01-01 2017-03-31 0001001385 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2017-01-01 2017-03-31 0001001385 us-gaap:MaximumMember 2017-01-01 2017-03-31 0001001385 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2017-01-01 2017-03-31 0001001385 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2017-01-01 2017-03-31 0001001385 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2017-01-01 2017-03-31 0001001385 nwpx:DemobilizationActivitiesMember 2017-01-01 2017-03-31 0001001385 us-gaap:CorporateMember 2017-01-01 2017-03-31 0001001385 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2017-01-01 2017-03-31 0001001385 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2017-01-01 2017-03-31 0001001385 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-01-01 2017-03-31 0001001385 nwpx:PortlandHarborNaturalreSourcesTrusteeCouncilMember 2014-06-30 0001001385 2015-12-31 0001001385 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2015-12-31 0001001385 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2015-12-31 0001001385 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2015-12-31 0001001385 2016-03-31 0001001385 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2016-03-31 0001001385 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2016-03-31 0001001385 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-03-31 0001001385 2016-12-31 0001001385 nwpx:RestrictedStockUnitsAndPerformanceStockAwardsMember 2016-12-31 0001001385 us-gaap:FairValueInputsLevel1Member 2016-12-31 0001001385 us-gaap:FairValueInputsLevel2Member 2016-12-31 0001001385 us-gaap:FairValueInputsLevel3Member 2016-12-31 0001001385 us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001001385 us-gaap:NondesignatedMember 2016-12-31 0001001385 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2016-12-31 0001001385 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2016-12-31 0001001385 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-12-31 0001001385 nwpx:LowerWillametteGroupMember 2017-01-31 0001001385 2017-03-31 0001001385 nwpx:RestrictedStockUnitsAndPerformanceStockAwardsMember 2017-03-31 0001001385 us-gaap:FairValueInputsLevel1Member 2017-03-31 0001001385 us-gaap:FairValueInputsLevel2Member 2017-03-31 0001001385 us-gaap:FairValueInputsLevel3Member 2017-03-31 0001001385 us-gaap:DesignatedAsHedgingInstrumentMember 2017-03-31 0001001385 us-gaap:NondesignatedMember 2017-03-31 0001001385 nwpx:VoluntaryCleanupProgramMember us-gaap:MaximumMember 2017-03-31 0001001385 nwpx:VoluntaryCleanupProgramMember us-gaap:MinimumMember 2017-03-31 0001001385 nwpx:VoluntaryCleanupProgramMember nwpx:EstimatedMember 2017-03-31 0001001385 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2017-03-31 0001001385 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2017-03-31 0001001385 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-03-31 0001001385 2017-04-28 EX-101.SCH 7 nwpx-20170331.xsd EXHIBIT 101.SCH 000 - Document - Document And Entity Information link:calculationLink link:definitionLink link:presentationLink 001 - Statement - Condensed Consolidated Statements of Operations (Unaudited) link:calculationLink link:definitionLink link:presentationLink 002 - Statement - Condensed Consolidated Statements of Comprehensive Loss (Unaudited) link:calculationLink link:definitionLink link:presentationLink 003 - Statement - Condensed Consolidated Balance Sheets (Current Period Unaudited) link:calculationLink link:definitionLink link:presentationLink 004 - Statement - Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) link:calculationLink link:definitionLink link:presentationLink 005 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited) link:calculationLink link:definitionLink link:presentationLink 006 - Disclosure - Note 1 - Basis of Presentation link:calculationLink link:definitionLink link:presentationLink 007 - Disclosure - Note 2 - Inventories link:calculationLink link:definitionLink link:presentationLink 008 - Disclosure - Note 3 - Fair Value Measurements link:calculationLink link:definitionLink link:presentationLink 009 - Disclosure - Note 4 - Derivative Instruments and Hedging Activities link:calculationLink link:definitionLink link:presentationLink 010 - Disclosure - Note 5 - Share-based Compensation link:calculationLink link:definitionLink link:presentationLink 011 - Disclosure - Note 6 - Commitments and Contingencies link:calculationLink link:definitionLink link:presentationLink 012 - Disclosure - Note 7 - Income Taxes link:calculationLink link:definitionLink link:presentationLink 013 - Disclosure - Note 8 - Accumulated Other Comprehensive Loss link:calculationLink link:definitionLink link:presentationLink 014 - Disclosure - Note 9 - Loss Per Share link:calculationLink link:definitionLink link:presentationLink 015 - Document - Note 10 - Segment Information link:calculationLink link:definitionLink link:presentationLink 016 - Disclosure - Note 11 - Recent Accounting and Reporting Developments link:calculationLink link:definitionLink link:presentationLink 017 - Disclosure - Note 12 - Restructuring link:calculationLink link:definitionLink link:presentationLink 018 - Disclosure - Note 2 - Inventories (Tables) link:calculationLink link:definitionLink link:presentationLink 019 - Disclosure - Note 3 - Fair Value Measurements (Tables) link:calculationLink link:definitionLink link:presentationLink 020 - Disclosure - Note 5 - Share-based Compensation (Tables) link:calculationLink link:definitionLink link:presentationLink 021 - Disclosure - Note 8 - Accumulated Other Comprehensive Loss (Tables) link:calculationLink link:definitionLink link:presentationLink 022 - Disclosure - Note 9 - Loss Per Share (Tables) link:calculationLink link:definitionLink link:presentationLink 023 - Disclosure - Note 10 - Segment Information (Tables) link:calculationLink link:definitionLink link:presentationLink 024 - Disclosure - Note 2 - Inventories - Components of Inventories (Details) link:calculationLink link:definitionLink link:presentationLink 025 - Disclosure - Note 3 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) link:calculationLink link:definitionLink link:presentationLink 026 - Disclosure - Note 4 - Derivative Instruments and Hedging Activities (Details Textual) link:calculationLink link:definitionLink link:presentationLink 027 - Disclosure - Note 5 - Share-based Compensation (Details Textual) link:calculationLink link:definitionLink link:presentationLink 028 - Disclosure - Note 5 - Share-based Compensation - Summary of Share-based Compensation Expense (Details) link:calculationLink link:definitionLink link:presentationLink 029 - Disclosure - Note 5 - Share-based Compensation - Summary of Status of Company's Stock Options (Details) link:calculationLink link:definitionLink link:presentationLink 030 - Disclosure - Note 5 - Share-based Compensation - Summary of Status of Company's RSUs and PSAs (Details) link:calculationLink link:definitionLink link:presentationLink 031 - Disclosure - Note 6 - Commitments and Contingencies (Details Textual) link:calculationLink link:definitionLink link:presentationLink 032 - Disclosure - Note 7 - Income Taxes (Details Textual) link:calculationLink link:definitionLink link:presentationLink 033 - Disclosure - Note 8 - Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Loss (Details) link:calculationLink link:definitionLink link:presentationLink 034 - Disclosure - Note 8 - Accumulated Other Comprehensive Loss - Schedule of Reclassifications of Accumulated Other Comprehensive Income (Loss) (Details) link:calculationLink link:definitionLink link:presentationLink 035 - Disclosure - Note 9 - Loss Per Share (Details Textual) link:calculationLink link:definitionLink link:presentationLink 036 - Disclosure - Note 9 - Loss Per Share - Loss Per Basic and Diluted Weighted Average Common Shares Outstanding (Details) link:calculationLink link:definitionLink link:presentationLink 037 - Disclosure - Note 10 - Segment Information - Segment Information Report of Statements of Operations (Details) link:calculationLink link:definitionLink link:presentationLink 038 - Disclosure - Note 11 - Recent Accounting and Reporting Developments (Details Textual) link:calculationLink link:definitionLink link:presentationLink 039 - Disclosure - Note 12 - Restructuring (Details Textual) link:calculationLink link:definitionLink link:presentationLink EX-101.CAL 8 nwpx-20170331_cal.xml EXHIBIT 101.CAL EX-101.DEF 9 nwpx-20170331_def.xml EXHIBIT 101.DEF EX-101.LAB 10 nwpx-20170331_lab.xml EXHIBIT 101.LAB Document And Entity Information Note To Financial Statement Details Textual statementnote2inventoriestables statementnote3fairvaluemeasurementstables statementnote5sharebasedcompensationtables statementnote8accumulatedothercomprehensivelosstables Type of Adoption [Domain] statementnote9losspersharetables Adjustments for New Accounting Pronouncements [Axis] statementnote10segmentinformationtables us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation Tax withholdings related to net share settlements of restricted stock and performance share awards statementnote2inventoriescomponentsofinventoriesdetails statementnote3fairvaluemeasurementsassetsandliabilitiesmeasuredatfairvalueonrecurringbasisdetails statementnote5sharebasedcompensationsummaryofsharebasedcompensationexpensedetails statementnote5sharebasedcompensationsummaryofstatusofcompanysstockoptionsdetails statementnote5sharebasedcompensationsummaryofstatusofcompanysrsusandpsasdetails statementnote8accumulatedothercomprehensivelosscomponentsofaccumulatedothercomprehensivelossdetails statementnote8accumulatedothercomprehensivelossscheduleofreclassificationsofaccumulatedothercomprehensiveincomelossdetails statementnote9losspersharelossperbasicanddilutedweightedaveragecommonsharesoutstandingdetails statementnote10segmentinformationsegmentinformationreportofstatementsofoperationsdetails Notes To Financial Statements Notes To Financial Statements [Abstract] Schedule of Changes in Accumulated Other Comprehensive Income Loss [Table Text Block] Represents schedule of changes in accumulated other comprehensive income loss. Fair Value, Inputs, Level 2 [Member] Fair Value, Inputs, Level 1 [Member] Fair Value, Inputs, Level 3 [Member] Fair Value Hierarchy [Domain] Cash flows from investing activities: Fair Value, Hierarchy [Axis] Equity Component [Domain] Equity Components [Axis] us-gaap_ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months Foreign Currency Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months us-gaap_ComprehensiveIncomeNetOfTax Comprehensive loss Demobilization Activities [Member] Demobilization activities associated with exit from or disposal of business activities or restructurings pursuant to a plan. Preferred stock, shares outstanding (in shares) Common stock, shares outstanding (in shares) us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding Diluted weighted-average common shares outstanding (in shares) us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount us-gaap_IncreaseDecreaseInAccountsPayable Accounts payable Basic and diluted (in shares) Effect of potentially dilutive common shares (in shares) Basic and diluted loss per share (in dollars per share) Net sales Gain (loss) on cash flow hedges Cash and cash equivalents Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period us-gaap_RepaymentsOfLongTermCapitalLeaseObligations Payments on capital lease obligations Basic weighted-average common shares outstanding (in shares) Scenario, Unspecified [Domain] Selling, General and Administrative Expenses [Member] Scenario [Axis] Cost of Sales [Member] Restructuring Type [Axis] Income Statement Location [Domain] Consolidation Items [Domain] Income Statement Location [Axis] Consolidation Items [Axis] Type of Restructuring [Domain] Operating Segments [Member] Maximum [Member] Range [Domain] us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities Accrued and other liabilities Minimum [Member] Restructuring and Related Activities Disclosure [Text Block] Range [Axis] us-gaap_UnrecognizedTaxBenefits Unrecognized Tax Benefits Accounting Policies [Abstract] Statement of Financial Position [Abstract] us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets Prepaid expenses and other assets us-gaap_AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease Provision for doubtful accounts Statement of Cash Flows [Abstract] Allocated share-based compensation expense Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] us-gaap_IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract Costs and estimated earnings in excess of billings on uncompleted contracts, net us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised Options exercised (in shares) Noncash investing and financing activities: invest_DerivativeNotionalAmount Derivative, Notional Amount us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables Trade and other receivables Options granted (in shares) Allowance for doubtful accounts Other long-term liabilities Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments Loss before income taxes Deferred income taxes us-gaap_LiabilitiesAndStockholdersEquity Total liabilities and stockholders’ equity us-gaap_EffectiveIncomeTaxRateContinuingOperations Effective Income Tax Rate Reconciliation, Percent Income tax benefit Income Tax Expense (Benefit) Associated income tax (expense) benefit Retained earnings Corporate Segment [Member] Accumulated other comprehensive loss Segments [Axis] Segments [Domain] us-gaap_PolicyTextBlockAbstract Accounting Policies us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net us-gaap_IncreaseDecreaseInInventories Inventories Statement [Table] Deferred compensation plan Cash flows from financing activities: Income Statement [Abstract] Capital lease obligations, less current portion us-gaap_LossContingencyAccrualCarryingValueCurrent Loss Contingency, Accrual, Current Class of Stock [Axis] Award Type [Axis] Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] us-gaap_LossContingencyAccrualPayments Loss Contingency Accrual, Payments Equity Award [Domain] Segment Reporting Disclosure [Text Block] Derivative Instruments and Hedging Activities Disclosure [Text Block] Not Designated as Hedging Instrument [Member] Prepaid expenses and other Designated as Hedging Instrument [Member] us-gaap_DisclosureTextBlockAbstract Notes to Financial Statements us-gaap_LiabilitiesCurrent Total current liabilities Hedging Designation [Domain] Hedging Designation [Axis] New Accounting Pronouncements and Changes in Accounting Principles [Text Block] Raw materials us-gaap_LossContingencyEstimateOfPossibleLoss Loss Contingency, Estimate of Possible Loss Supplies Schedule of Unvested Restricted Stock Units Roll Forward [Table Text Block] Finished goods Other income (expense) Work-in-process Changes in operating assets and liabilities: Share-based Compensation, Stock Options, Activity [Table Text Block] Billings in excess of costs and estimated earnings on uncompleted contracts us-gaap_ForeignCurrencyTransactionGainLossUnrealized Unrealized loss on foreign currency forward contracts Loss Contingency, Nature [Domain] Operating loss us-gaap_AccrualForEnvironmentalLossContingencies Accrual for Environmental Loss Contingencies Cost of sales Net periodic pension cost Inventory Disclosure [Text Block] Loss Contingency Nature [Axis] us-gaap_DeferredIncomeTaxExpenseBenefit Deferred income taxes Schedule Of Inventory Current And Non Current [Table Text Block] Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. Includes current and non-current inventory balances. Gross profit (loss) Gross profit (loss) Current portion of capital lease obligations nwpx_InventoryCurrentAndNonCurrentNet Total inventories The net amount of current and non current inventory. nwpx_MaturityPeriodForForwardContracts Maturity Period For Forward Contracts The period of maturity for forward contracts. Amendment Flag nwpx_EstimatedCostOfEPASelectedRemedy Estimated Cost of EPA Selected Remedy The estimated cost of the remedy selected by EPA. Common stock, $.01 par value, 15,000,000 shares authorized, 9,604,811 and 9,601,011 shares issued and outstanding nwpx_EstimatedTimeToCompleteSelectedEPARemedy Estimated Time to Complete Selected EPA Remedy The estimated amount of time to complete the selected EPA remedy. Commitments and Contingencies Disclosure [Text Block] nwpx_NumberOfPotentiallyResponsibleParties Number Of Potentially Responsible Parties Number of potentially responsible parties for Portland Harbor Superfund site. Portland Harbor Natural Resources Trustee Council [Member] The name or description of the loss contingency by its nature. Unvested RSUs and PSAs canceled (in dollars per share) Common stock, shares authorized (in shares) Voluntary Cleanup Program [Member] The type or description of the loss contingency. RSUs vested (in dollars per share) Estimated [Member] The type or description of the particular scenario that is applicable to this situation. Common stock, shares issued (in shares) nwpx_NumberOfActiveStockIncentivePlans Number Of Active Stock Incentive Plans The number of active stock incentive plans. us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue Unvested RSUs and PSAs (in dollars per share) Unvested RSUs and PSAs (in dollars per share) Other assets nwpx_NumberOfInactiveStockOptionPlans Number Of Inactive Stock Option Plans The number of inactive stock options plans. us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber Unvested RSUs and PSAs (in shares) Unvested RSUs as of March 31, 2017 (in shares) Common stock, par value (in dollars per share) Income Tax Disclosure [Text Block] nwpx_MinimumPerformanceAwardsIssuedMultiplier Minimum Performance Awards Issued Multiplier The number of minimum performance awards issued multiplier. RSUs and PSAs granted (in dollars per share) us-gaap_GainLossOnSaleOfPropertyPlantEquipment (Gain) Loss on disposal of property and equpiment us-gaap_ShareBasedCompensation Share-based compensation expense RSUs and PSAs granted (in shares) Restricted Stock Units and Performance Stock Awards [Member] The type or description of the award. nwpx_PaymentsOfContingentConsideration Payments of contingent consideration The amount of contingent consideration paid during the period. Schedule Of Segment Reporting Information By Segment Statement Of Operations [Table Text Block] Tabular disclosure of the profit or loss for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod Unvested RSUs and PSAs canceled (in shares) Current Fiscal Year End Date us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod RSUs vested (in shares) Tubular Products [Member] Pipe and tube products used in the exploration and development of energy resources. Examples include, but are not limited to, drill pipe, pipe casings and oil pipes. Water Transmission Group [Member] System used for the primary purpose of transmitting water to the consumer. Document Fiscal Period Focus Document Fiscal Year Focus us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1 Exercisable, March 31, 2017 us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 Exercisable, March 31, 2017 (Year) Document Period End Date Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued or outstanding Preferred stock, shares issued (in shares) Restructuring expense Restructuring Charges us-gaap_InventoryNoncurrent Finished goods us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice Exercisable, March 31, 2017 (in dollars per share) Document Type Exercisable, March 31, 2017 (in shares) us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent Net current period adjustments to Other comprehensive income (loss) us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue Balance us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 Balance (Year) Preferred stock, shares authorized (in shares) Accounts payable Document Information [Line Items] Document Information [Table] Preferred stock, par value (in dollars per share) us-gaap_AssetsCurrent Total current assets Accrued liabilities Depreciation and capital lease amortization Entity Filer Category Entity Current Reporting Status Counterparty Name [Domain] Entity Voluntary Filers Counterparty Name [Axis] Costs and estimated earnings in excess of billings on uncompleted contracts Entity Well-known Seasoned Issuer us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice Balance (in dollars per share) Balance (in dollars per share) us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 Adjustments to contingent consideration Options canceled (in dollars per share) us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice Options granted (in dollars per share) us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice Options exercised (in dollars per share) us-gaap_AmortizationOfIntangibleAssets Amortization of intangible assets Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Entity Central Index Key Entity Registrant Name us-gaap_AssetsFairValueDisclosure Total assets Entity [Domain] Shares used in per share calculations: Legal Entity [Axis] us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber Balance (in shares) Balance (in shares) us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod Options canceled (in shares) Current liabilities: Entity Common Stock, Shares Outstanding (in shares) Proceeds from sale of property and equipment us-gaap_Assets Total assets Additional paid-in-capital Inventories Total short-term inventories Reclassification out of Accumulated Other Comprehensive Income [Axis] Stockholders’ equity: Reclassification out of Accumulated Other Comprehensive Income [Member] Reclassification out of Accumulated Other Comprehensive Income [Domain] Trading Symbol us-gaap_LettersOfCreditOutstandingAmount Letters of Credit Outstanding, Amount Reclassification out of Accumulated Other Comprehensive Income [Table Text Block] Comprehensive Income (Loss) Note [Text Block] us-gaap_PaymentsToAcquirePropertyPlantAndEquipment Additions to property and equipment us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1 Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period Net loss Net loss Reclassifications for the period us-gaap_StockholdersEquity Total stockholders’ equity Beginning balance Ending balance Selling, general and administrative expense Commitments and contingencies (Note 6) us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options us-gaap_Liabilities Total liabilities Unrealized loss on cash flow hedges Accrued property and equipment purchases us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1 Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition Performance Shares [Member] Trade and other receivables, less allowance for doubtful accounts of $496 and $515 Restricted Stock Units (RSUs) [Member] us-gaap_InsuranceRecoveries Insurance Recoveries Cash flows from operating activities: Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block] Statement [Line Items] Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] us-gaap_DerivativeLiabilities Derivatives, liabilities Disclosure of Compensation Related Costs, Share-based Payments [Text Block] Capital lease additions Statement of Comprehensive Income [Abstract] Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member] us-gaap_InterestExpense Interest expense AOCI Attributable to Parent [Member] us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax Pension liability adjustment Fair Value Disclosures [Text Block] us-gaap_AmortizationOfFinancingCosts Amortization of debt issuance costs Current assets: Property and equipment, less accumulated depreciation and amortization of $87,024 and $85,604 Accumulated depreciation and amortization Accounting Standards Update 2016-09 [Member] Lower Willamette Group [Member] Refers to information regarding the Lower Willamette Group. us-gaap_ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent Amounts reclassified from Accumulated other comprehensive loss Other comprehensive income (loss) before reclassifications us-gaap_TableTextBlock Notes Tables Other comprehensive income (loss), net of tax: us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect Change in cash and cash equivalents us-gaap_OtherComprehensiveIncomeLossNetOfTax Other comprehensive income (loss), net of tax us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations Net cash used in financing activities us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations Net cash used in investing activities Derivatives, assets Earnings Per Share [Text Block] us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations Net cash provided by (used in) operating activities EX-101.PRE 11 nwpx-20170331_pre.xml EXHIBIT 101.PRE XML 12 R1.htm IDEA: XBRL DOCUMENT v3.7.0.1
Document And Entity Information - shares
3 Months Ended
Mar. 31, 2017
Apr. 28, 2017
Document Information [Line Items]    
Entity Registrant Name Northwest Pipe Co.  
Entity Central Index Key 0001001385  
Trading Symbol nwpx  
Current Fiscal Year End Date --12-31  
Entity Filer Category Accelerated Filer  
Entity Current Reporting Status Yes  
Entity Voluntary Filers No  
Entity Well-known Seasoned Issuer No  
Entity Common Stock, Shares Outstanding (in shares)   9,604,811
Document Type 10-Q  
Document Period End Date Mar. 31, 2017  
Document Fiscal Year Focus 2017  
Document Fiscal Period Focus Q1  
Amendment Flag false  
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales $ 29,666 $ 33,928
Cost of sales 28,886 39,365
Gross profit (loss) 780 (5,437)
Selling, general and administrative expense 3,840 4,599
Restructuring expense 881
Operating loss (3,941) (10,036)
Other income (expense) (11) 40
Interest expense (137) (119)
Loss before income taxes (4,089) (10,115)
Income tax benefit (221) (532)
Net loss $ (3,868) $ (9,583)
Basic and diluted loss per share (in dollars per share) $ (0.40) $ (1)
Shares used in per share calculations:    
Basic and diluted (in shares) 9,604 9,572
XML 14 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net loss $ (3,868) $ (9,583)
Other comprehensive income (loss), net of tax:    
Pension liability adjustment 102 100
Unrealized loss on cash flow hedges (7) (132)
Other comprehensive income (loss), net of tax 95 (32)
Comprehensive loss $ (3,773) $ (9,615)
XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 20,807 $ 21,829
Trade and other receivables, less allowance for doubtful accounts of $496 and $515 18,616 25,555
Costs and estimated earnings in excess of billings on uncompleted contracts 45,063 43,663
Inventories 16,954 19,037
Prepaid expenses and other 1,772 2,096
Total current assets 103,212 112,180
Property and equipment, less accumulated depreciation and amortization of $87,024 and $85,604 116,848 118,101
Other assets 11,054 11,274
Total assets 231,114 241,555
Current liabilities:    
Accounts payable 3,627 5,267
Accrued liabilities 7,140 10,925
Billings in excess of costs and estimated earnings on uncompleted contracts 940 2,038
Current portion of capital lease obligations 288 325
Total current liabilities 11,995 18,555
Capital lease obligations, less current portion 539 602
Deferred income taxes 1,044 1,282
Other long-term liabilities 11,849 11,903
Total liabilities 25,427 32,342
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued or outstanding
Common stock, $.01 par value, 15,000,000 shares authorized, 9,604,811 and 9,601,011 shares issued and outstanding 96 96
Additional paid-in-capital 118,927 118,680
Retained earnings 88,052 91,920
Accumulated other comprehensive loss (1,388) (1,483)
Total stockholders’ equity 205,687 209,213
Total liabilities and stockholders’ equity $ 231,114 $ 241,555
XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Allowance for doubtful accounts $ 496 $ 515
Accumulated depreciation and amortization $ 87,024 $ 85,604
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 10,000,000 10,000,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 15,000,000 15,000,000
Common stock, shares issued (in shares) 9,604,811 9,601,011
Common stock, shares outstanding (in shares) 9,604,811 9,601,011
XML 17 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net loss $ (3,868) $ (9,583)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and capital lease amortization 1,850 2,181
Amortization of intangible assets 128 131
Amortization of debt issuance costs 42 41
Provision for doubtful accounts 261 (8)
Deferred income taxes (238) (602)
(Gain) Loss on disposal of property and equpiment (19) 10
Share-based compensation expense 271 178
Adjustments to contingent consideration 27 (20)
Unrealized loss on foreign currency forward contracts 30 415
Changes in operating assets and liabilities:    
Trade and other receivables 6,678 5,606
Costs and estimated earnings in excess of billings on uncompleted contracts, net (2,498) 4,434
Inventories 2,038 119
Prepaid expenses and other assets 387 285
Accounts payable (1,714) (735)
Accrued and other liabilities (3,657) (1,263)
Net cash provided by (used in) operating activities (282) 1,189
Cash flows from investing activities:    
Additions to property and equipment (529) (736)
Proceeds from sale of property and equipment 25
Net cash used in investing activities (504) (736)
Cash flows from financing activities:    
Tax withholdings related to net share settlements of restricted stock and performance share awards (24) (31)
Payments on capital lease obligations (100) (96)
Payments of contingent consideration (112) (1,233)
Net cash used in financing activities (236) (1,360)
Change in cash and cash equivalents (1,022) (907)
Cash and cash equivalents, beginning of period 21,829 10,309
Cash and cash equivalents, end of period 20,807 9,402
Noncash investing and financing activities:    
Accrued property and equipment purchases 133 131
Capital lease additions $ 71
XML 18 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 1 - Basis of Presentation
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
1.
Basis of Presentation
 
The Condensed Consolidated Financial Statements include the accounts of Northwest Pipe Company (the “Company”) and its subsidiaries in which the Company exercises control as of the financial statement date. Intercompany accounts and transactions have been eliminated.
 
The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in conformity with accounting principles generally accepted in the United States of America. The financial information as of
December
 
31,
2016
is derived from the audited Consolidated Financial Statements presented in the Company’s Annual Report on Form 
10
-K for the year ended
December
 
31,
2016
(the
“2016
Form 
10
-K”). Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of management, the accompanying Condensed Consolidated Financial Statements include all adjustments necessary (which are of a normal and recurring nature) for the fair statement of the results of the interim periods presented. The Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto together with management’s discussion and analysis of financial condition and results of operations contained in the Company’s
2016
Form 
10
-K.
 
Certain amounts from the prior year financial statements have been reclassified in order to conform to the current year presentation.
 
Operating results for the
three
months ended
March
 
31,
2017
are not necessarily indicative of the results that
may
be expected for the entire fiscal year ending
December
 
31,
2017.
XML 19 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 2 - Inventories
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Inventory Disclosure [Text Block]
2.
Inventories
 
Inventories consist of the following (in thousands):
 
 
 
March 31, 2017
 
 
December 31, 2016
 
Short-term inventories:
               
Raw materials
  $
13,117
    $
15,411
 
Work-in-process
   
1,209
     
1,235
 
Finished goods
   
323
     
40
 
Supplies
   
2,305
     
2,351
 
Total short-term inventories
   
16,954
     
19,037
 
                 
Long-term inventories:
               
Finished goods
   
729
     
773
 
Total inventories
  $
17,683
    $
19,810
 
 
Long-term inventories are recorded in Other assets. As of
December
31,
2016,
inventories were stated at the lower of cost or market. Upon adoption of Accounting Standards Update (“ASU”) No. 
2015
-
11,
“Inventory (Topic 
330):
Simplifying the Measurement of Inventory” on
January
 
1,
2017,
which did not result in a change in the Company’s inventory values, inventories are stated at the lower of cost and net realizable value. See further discussion of this ASU in Note 
11,
“Recent Accounting and Reporting Developments.”
XML 20 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 3 - Fair Value Measurements
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Fair Value Disclosures [Text Block]
3
.
Fair Value Measurements
 
The Company records its financial assets and liabilities at fair value, which is defined as the price that would be received to sell an asset or paid to transfer a liability, in the principal or most advantageous market for the asset or liability, in an orderly transaction between market participants at the measurement date.
 
 
The authoritative guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into
three
broad levels. These levels are: Level 
1
(inputs are quoted prices in active markets for identical assets or liabilities); Level 
2
(inputs are other than quoted prices that are observable, either directly or indirectly through corroboration with observable market data); and Level 
3
(inputs are unobservable, with little or no market data that exists, such as internal financial forecasts). The Company is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
 
 
The following table summarizes information regarding the Company’s financial assets and liabilities that are measured at fair value (in thousands):
 
 
 
Total
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
As of March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial assets:
                               
Deferred compensation plan
  $
6,202
    $
5,317
    $
885
    $
-
 
Derivatives
   
26
     
-
     
26
     
-
 
Total assets
  $
6,228
    $
5,317
    $
911
    $
-
 
Financial liabilities:
                               
Derivatives
  $
(14
)   $
-
    $
(14
)   $
-
 
                                 
As of December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial assets:
                               
Deferred compensation plan
  $
6,209
    $
5,215
    $
994
    $
-
 
Derivatives
   
58
     
-
     
58
     
-
 
Total assets
  $
6,267
    $
5,215
    $
1,052
    $
-
 
Financial liabilities:
                               
Derivatives
  $
(8
)   $
-
    $
(8
)   $
-
 
 
The deferred compensation plan assets consist of cash and several publicly traded stock and bond mutual funds, valued using quoted market prices in active markets, classified as Level 
1
within the fair value hierarchy, as well as guaranteed investment contracts, valued at principal plus interest credited at contract rates, classified as Level 
2
within the fair value hierarchy.
 
The Company’s derivatives consist of foreign currency forward contracts, which are accounted for as cash flow hedges, and are valued using various pricing models or discounted cash flow analyses that incorporate observable market parameters, such as interest rate yield curves and currency rates, classified as Level 
2
within the fair value hierarchy. Derivative valuations incorporate credit risk adjustments that are necessary to reflect the probability of default by the counterparty or the Company.
 
The net carrying amounts of cash and cash equivalents, trade and other receivables, accounts payable, accrued liabilities and borrowings on the line of credit approximate fair value due to the short-term nature of these instruments.
XML 21 R10.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 4 - Derivative Instruments and Hedging Activities
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Derivative Instruments and Hedging Activities Disclosure [Text Block]
4
.
Derivative Instruments and Hedging Activities
 
The Company conducts business in various foreign countries and, from time to time, settles transactions in foreign currencies. The Company has established a program that utilizes foreign currency forward contracts to offset the risk associated with the effects of certain foreign currency exposures, typically arising from sales contracts denominated in Canadian currency. Instruments that do not qualify for cash flow hedge accounting treatment are remeasured at fair value on each balance sheet date and resulting gains and losses are recognized in earnings. As of
March
 
31,
2017
and
December
 
31,
2016,
the total notional amount of the derivative contracts not designated as cash flow hedges was
$0.9
 million
(CAD
$1.3
 million). As of
March
 
31,
2017
and
December
 
31,
2016,
the total notional amount of the derivative contracts designated as cash flow hedges was
$1.7
 million
(CAD$2.2
 million) and
$3.4
 million
(CAD$4.5
 million), respectively. Derivative assets are included within Prepaid expenses and other and derivative liabilities are included within Accrued liabilities in the Condensed Consolidated Balance Sheets. All of the Company’s foreign currency forward contracts are subject to an enforceable master netting arrangement. The Company presents the assets and liabilities associated with its foreign currency forward contracts at their gross fair values in the Condensed Consolidated Balance Sheets.
 
For each derivative contract entered into in which the Company seeks to obtain cash flow hedge accounting treatment, the Company formally documents all relationships between hedging instruments and hedged items, as well as its risk management objective and strategy for undertaking the hedge transaction, the nature of the risk being hedged, how the hedging instrument’s effectiveness in offsetting the hedged risk will be assessed prospectively and retrospectively and a description of the method of measuring ineffectiveness. This process includes linking all derivatives to specific firm commitments or forecasted transactions and designating the derivatives as cash flow hedges. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivative contracts that are used in hedging transactions are highly effective in offsetting changes in cash flows of hedged items. The effective portion of these hedged items is reflected in Unrealized loss on cash flow hedges on the Condensed Consolidated Statements of Comprehensive Loss. If it is determined that a derivative contract is not highly effective, or that it has ceased to be a highly effective hedge, the Company will be required to discontinue hedge accounting with respect to that derivative contract prospectively.
 
 
All of the Company’s Canadian forward contracts have maturities less than
twelve
months as of
March
 
31,
2017.
 
For the
three
months ended
March
 
31,
2017
and
2016,
gains (losses) recognized in Net sales from derivative contracts not designated as hedging instruments were approximately
$0
and
$(0.2)
 million, respectively. As of
March
 
31,
2017,
unrealized pretax gains on outstanding derivatives in Accumulated other comprehensive loss was approximately
$0.
Typically, outstanding derivatives balances in Accumulated other comprehensive loss are expected to be reclassified to Net sales within the next
twelve
months as a result of underlying hedged transactions also being recorded in Net sales. See Note 
8,
“Accumulated Other Comprehensive Loss” for additional quantitative information regarding derivative gains and losses.
XML 22 R11.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 5 - Share-based Compensation
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
5
.
Share-based Compensation
 
The Company has
one
active stock incentive plan for employees and directors, the
2007
Stock Incentive Plan, which provides for awards of stock options to purchase shares of common stock, stock appreciation rights, restricted and unrestricted shares of common stock, restricted stock units (“RSUs”) and performance share awards (“PSAs”). In addition, the Company has
one
inactive stock option plan, the
1995
Stock Option Plan for Nonemployee Directors, under which previously granted options remain outstanding.
 
The Company recognizes share-based compensation cost, based on grant date estimated fair value of the awards, over the period during which the employee or director is required to provide service in exchange for the award, and as forfeitures occur, the associated compensation cost recognized to date is reversed. The following table summarizes share-based compensation expense recorded (in thousands):
 
 
 
Three Months Ended March 31,
 
 
 
2017
 
 
2016
 
                 
Cost of sales
  $
81
    $
(28
)
Selling, general and administrative expense
   
190
     
206
 
Total
  $
271
    $
178
 
 
As of
March
 
31,
2017,
unrecognized compensation expense related to the unvested portion of the Company’s RSUs and PSAs was
$0.7
 million, which is expected to be recognized over a weighted average period of
0.8
years.
 
Stock Option Awards
 
A summary of option activity under the Company’s stock option plans as of
March
 
31,
2017
and changes during the
three
months then ended is presented below:
 
 
 
Options
Outstanding
 
 
Weighted
Average
Exercise Price
 
 
Weighted
Average
Remaining
Contractual
Life
 
 
Aggregate
Intrinsic Value
 
 
 
 
 
 
 
 
 
 
 
(in years)
 
 
(In thousands)
 
Balance, December 31, 2016
   
26,000
    $
24.97
     
 
     
 
 
Options granted
   
-
     
-
     
 
     
 
 
Options exercised
   
-
     
-
     
 
     
 
 
Options canceled
   
-
     
-
     
 
     
 
 
Balance, March 31, 2017
   
26,000
     
24.97
     
 
     
 
 
Exercisable, March 31, 2017
   
26,000
     
24.97
     
2.78
    $
-
 
 
 
Restricted Stock Units and Performance
Share
Awards
 
A summary of activity under the Company’s RSUs and PSAs as of
March
 
31,
2017
and changes during the
three
months then ended is presented below:
 
 
 
Number of
RSUs and
PSAs
 
 
Weighted
Average Grant
Date Fair Value
 
Unvested RSUs and PSAs as of December 31, 2016
   
221,791
    $
17.36
 
RSUs and PSAs granted
   
-
     
-
 
Unvested RSUs and PSAs canceled
   
(46,988
)    
43.68
 
RSUs vested
   
(5,220
)    
36.00
 
Unvested RSUs as of March 31, 2017
   
169,583
     
9.50
 
 
RSUs and PSAs are measured at the estimated fair value on the date of grant. RSUs are service-based awards and vest according to vesting schedules, which range from immediate to ratably over a
three
-year period. PSAs are service-based awards that vest over a
three
-year period and have a market-based payout condition. Vesting of the market-based PSAs is dependent upon the performance of the market price of the Company’s stock relative to a peer group of companies. In the
three
months ended
March
31,
2017,
the remaining PSAs were canceled because the market-based conditions were not achieved, and the actual number of common shares that were issued was determined by multiplying the PSAs by a payout percentage of
0%.
XML 23 R12.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 6 - Commitments and Contingencies
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]
6.
Commitments and Contingencies
 
Portland Harbor Superfund
 
On
December
1,
2000,
a section of the lower Willamette River known as the Portland Harbor Site was included on the National Priorities List at the request of the United States Environmental Protection Agency (the “EPA”). While the Company’s Portland, Oregon manufacturing facility does not border the Willamette River, an outfall from the facility’s stormwater system drains into a neighboring property’s privately owned stormwater system and slip. Since the listing of the site, the Company was notified by the EPA and the Oregon Department of Environmental Quality (“ODEQ”) of potential liability under the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”). In
2008,
the Company was asked to file information disclosure reports with the EPA (CERCLA
104
(e) information request). A remedial investigation and feasibility study of the Portland Harbor Site has been directed by a group of
14
potentially responsible parties known as the Lower Willamette Group under agreement with the EPA. The remedial investigation report was finalized in
February
2016.
The feasibility study was finalized in
June
2016
by the EPA, and identified multiple remedial alternatives. The EPA issued the Record of Decision in
January
2017
selecting the remedy for cleanup at the Portland Harbor Site, which it believes will cost approximately
$1.05
billion and
13
years to complete. The Record of Decision did not determine who is responsible for the costs of cleanup or how the cleanup costs will be allocated among the potentially responsible parties.
 
In
2001,
groundwater containing elevated volatile organic compounds was identified in
one
localized area of leased property adjacent to the Portland facility furthest from the river. Assessment work was conducted in
2002
and
2003
to further characterize the groundwater. In
February
2005,
the Company entered into a Voluntary Agreement for Remedial Investigation and Source Control Measures (the “Voluntary Agreement”) with ODEQ. The Company performed remedial investigation work required under the Voluntary Agreement and in
2016
the EPA and ODEQ requested additional sampling to be conducted. The Company provided a Final Supplemental Groundwater Sampling Work Plan in the
third
quarter of
2016,
and in
September
2016
the ODEQ approved work to proceed. The Company initiated groundwater sampling in the fall of
2016,
which will continue through the
third
quarter of
2017,
and results thus far have been generally consistent with previous sampling and modeling work.
 
Concurrent with the activities of the EPA and ODEQ, the Portland Harbor Natural Resources Trustee Council (“Trustees”) sent some or all of the same parties, including the Company, a notice of intent to perform a Natural Resource Damage Assessment (“NRDA”) for the Portland Harbor Site to determine the nature and extent of natural resource damages under CERCLA Section
107.
The Trustees for the Portland Harbor Site consist of representatives from several Northwest Indian Tribes,
three
federal agencies and
one
state agency. The Trustees act independently of the EPA and ODEQ. The Trustees have encouraged potentially responsible parties to voluntarily participate in the funding of their injury assessments and several of those parties have agreed to do so. In
June
2014,
the Company agreed to participate in the injury assessment process, which included funding
$0.4
million of the assessment; of this amount,
$0.2
million was paid in
July
2014
and the remainder was paid in
January
2015.
The Company has not assumed any additional payment obligations or liabilities with the participation with the NRDA. In
January
2017,
the Confederated Tribes and Bands of the Yakama Nation, a Trustee until they withdrew from the council in
2009,
filed a complaint against the potentially responsible parties including the Company to recover costs related to their own injury assessment and compensation for natural resources damages.
 
 
The Company’s potential liability is a portion of the costs of the remedy for the entire Portland Harbor Superfund Site. The cost of that remedy is expected to be allocated among more than
100
potentially responsible parties. Because of the large number of responsible parties and the variability in the range of remediation alternatives, the Company is unable to estimate an amount or an amount within a range of costs for its obligation with respect to the Portland Harbor Site matters, and no further adjustment to the Consolidated Financial Statements has been recorded as of the date of this filing. The Company has insurance policies for defense costs, as well as indemnification policies it believes will provide reimbursement for any share of the remediation assessed. However, the Company can provide no assurance that those policies will cover all of the costs which the Company
may
incur.
 
In
December
2014,
a federal district court approved settlements between the Company and
two
of its insurance carriers. The Company released its interests in the related insurance policies, and received
$2.6
million in
January
2015
for reimbursement of past indemnification and defense costs incurred by the Company associated with the Portland Harbor Site, substantially all of which reduced Cost of sales in
2014.
Notwithstanding these settlements, the Company continues to have insurance coverage for indemnification and defense costs related to the Portland Harbor Site as described above.
 
Houston Environmental Issue
 
In connection with the Company’s sale of its oil country tubular goods (“OCTG”) business, a Limited Phase II Environmental Site Assessment was conducted at the Houston, Texas plant and completed in
March
2014,
which revealed the presence of volatile organic compounds in the groundwater and certain metals in the soil. In
June
2014,
the Company was accepted into the Texas Commission on Environmental Quality (“TCEQ”) Voluntary Cleanup Program (“VCP”) to address these issues and obtain a certificate of completion from TCEQ. The cost of any potential assessment and cleanup will not be covered by insurance. The Company believes these costs are likely to be recovered from the purchaser of the OCTG business upon future sale of the Houston property.
 
The Company has completed a groundwater assessment and continues to monitor groundwater. The proposed remediation approach includes a municipal setting designation ordinance, approved by the City of Houston City Council in
January
2017,
to prevent consumption of shallow groundwater from beneath the property, thereby eliminating the need for more costly remediation measures.
 
In late
October
2016,
the TCEQ notified the Company that a neighboring facility has asbestos contamination in its soil. In a
December
2016
meeting with TCEQ, the Company was notified that it will need to assess asbestos contamination before the TCEQ will proceed with a certificate of completion. The Company developed an asbestos sampling plan with the TCEQ and the EPA staff that will begin in the
second
quarter of
2017.
The Company currently estimates that the future costs associated with the VCP will be between
$0.1
 million and
$1.6
million. As of
March
 
31,
2017,
the Company has a
$0.2
 million accrual for remediation costs based on the low-end estimate of future costs using a probability-weighted analysis of remediation approaches, and estimates that completion of the VCP process will occur between the
third
quarter of
2017
and the
third
quarter of
2019.
 
All Sites
 
The Company operates its facilities under numerous governmental permits and licenses relating to air emissions, stormwater runoff and other environmental matters. The Company’s operations are also governed by many other laws and regulations, including those relating to workplace safety and worker health, principally the Occupational Safety and Health Act and regulations there under which, among other requirements, establish noise and dust standards. The Company believes it is in material compliance with its permits and licenses and these laws and regulations, and the Company does not believe that future compliance with such laws and regulations will have a material adverse effect on its financial position, results of operations or cash flows.
 
Other Contingencies and Legal Proceedings
 
From time to time, the Company is involved in litigation relating to claims arising out of its operations in the normal course of its business. The Company maintains insurance coverage against potential claims in amounts that are believed to be adequate. To the extent that insurance does not cover legal, defense and indemnification costs associated with a loss contingency, the Company records accruals when such losses are considered probable and reasonably estimable. The Company believes that it is not presently a party to litigation, the outcome of which would have a material adverse effect on its business, financial condition, results of operations or cash flows.
 
Guarantees
 
The Company has entered into certain letters of credit that total
$2.0
 million as of
March
 
31,
2017.
The letters of credit relate to workers’ compensation insurance.
XML 24 R13.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 7 - Income Taxes
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Income Tax Disclosure [Text Block]
7
.
Income Taxes
 
The Company files income tax returns in the United States Federal jurisdiction, in a limited number of foreign jurisdictions and in many state jurisdictions. Internal Revenue Service examinations have been completed for years prior to
2011.
With few exceptions, the Company is no longer subject to United States Federal, state or foreign income tax examinations for years before
2012.
 
 
The Company recorded an income tax benefit at an estimated effective income tax rate of
5.4%
and
5.3%
for the
three
months ended
March
 
31,
2017
and
2016,
respectively. The Company’s estimated effective income tax rate for the
three
months ended
March
 
31,
2017
is lower than statutory rates primarily because of the accounting change discussed in Note
11,
“Recent Accounting and Reporting Developments” under which the Company recognized
$0.8
 million of excess tax deficiencies from share-based compensation as an income tax expense for the
three
months ended
March
31,
2017.
 
The Company had
$4.9
 million of unrecognized income tax benefits as of
March
 
31,
2017
and
December
 
31,
2016.
It is reasonably possible that the total amounts of unrecognized income tax benefits will change in the following
twelve
months as a result of the lapse of tax statutes of limitation; however, actual results could differ from those currently expected. Effectively all of the unrecognized income tax benefits would affect the Company’s effective income tax rate if recognized at some point in the future. The Company recognizes interest and penalties related to uncertain income tax positions in Income tax expense.
XML 25 R14.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 8 - Accumulated Other Comprehensive Loss
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]
8
.
Accumulated Other Comprehensive Loss
 
The following tables summarize changes in the components of Accumulated other comprehensive loss during the
three
months ended
March
 
31,
2017
and
2016
(in thousands). All amounts are net of income tax:
 
 
 
Pension
Liability
Adjustment
 
 
Unrealized
Gains (Losses)
on Cash Flow
Hedges
 
 
Total
 
Balance, December 31, 2016
  $
(1,493
)   $
10
    $
(1,483
)
                         
Other comprehensive income (loss) before reclassifications
   
25
     
(12
)    
13
 
Amounts reclassified from Accumulated other comprehensive loss
   
77
     
5
     
82
 
Net current period adjustments to Other comprehensive income (loss)
   
102
     
(7
)    
95
 
                         
Balance, March 31, 2017
  $
(1,391
)   $
3
    $
(1,388
)
 
 
 
Pension
Liability
Adjustment
 
 
Unrealized
Gains (Losses)
on Cash Flow
Hedges
 
 
Total
 
Balance, December 31, 2015
  $
(1,624
)   $
86
    $
(1,538
)
                         
Other comprehensive income (loss) before reclassifications
   
33
     
(86
)    
(53
)
Amounts reclassified from Accumulated other comprehensive loss
   
67
     
(46
)    
21
 
Net current period adjustments to Other comprehensive income (loss)
   
100
     
(132
)    
(32
)
                         
Balance, March 31, 2016
  $
(1,524
)   $
(46
)   $
(1,570
)
 
 
The following table provides additional detail about Accumulated other comprehensive loss components that were reclassified to the Condensed Consolidated Statements of Operations during the
three
months ended
March
 
31,
2017
and
2016
(in thousands):
 
 
 
Three Months Ended March 31,
 
 
 
 
 
 
2017
 
 
2016
 
 
 
 
Details about Accumulated Other
Comprehensive Loss Components
 
Amount reclassified from Accumulated
Other Comprehensive Loss
 
 
Affected line item in the
Condensed Consolidated
Statements of Operations
 
                       
Pension liability adjustment:
                     
Net periodic pension cost
  $
(81
)   $
(71
)  
Cost of sales
 
Associated income tax benefit
   
4
     
4
   
Income tax benefit
 
     
(77
)    
(67
)  
Net of tax
 
                       
Unrealized gain (loss) on cash flow hedges:
                     
Gain (loss) on cash flow hedges
   
(8
)    
74
   
Net sales
 
Associated income tax (expense) benefit
   
3
     
(28
)  
Income tax benefit
 
     
(5
)    
46
   
Net of tax
 
                       
Total reclassifications for the period
  $
(82
)   $
(21
)  
 
 
XML 26 R15.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 9 - Loss Per Share
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
9
.
Loss
per Share
 
Loss per basic and diluted weighted average common share outstanding was calculated as follows for the
three
months ended
March
 
31,
2017
and
2016
(in thousands, except per share data):
 
 
 
Three Months Ended March 31,
 
 
 
2017
 
 
2016
 
                 
Net loss
  $
(3,868
)   $
(9,583
)
                 
Basic weighted-average common shares outstanding
   
9,604
     
9,572
 
Effect of potentially dilutive common shares
(1)
   
-
     
-
 
Diluted weighted-average common shares outstanding
   
9,604
     
9,572
 
                 
Loss per basic and diluted common share
  $
(0.40
)   $
(1.00
)
 
 
(1)
Due to the Company’s net loss in the
three
months ended
March
 
31,
2017
and
2016,
the assumed exercise of stock options and the vesting of restricted stock units and performance share awards using the treasury stock method would have had an antidilutive effect and were therefore excluded from the computation of diluted loss per share. The weighted average number of such antidilutive shares not included in the computation of diluted loss per share was approximately
196,000
and
94,000
for the
three
months ended
March
 
31,
2017
and
2016,
respectively.
XML 27 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 10 - Segment Information
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
10
.
Segment Information
 
The operating segments reported below are based on the nature of the products sold and the manufacturing process used by the Company and are the segments of the Company for which separate financial information is available and for which operating results are regularly evaluated by the Company’s chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance. Management evaluates segment performance based on operating income.
 
 
The Company’s Water Transmission segment manufactures large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems. These products are also used for hydroelectric power systems, wastewater systems and other applications. In addition, the Water Transmission segment makes products for industrial plant piping systems and certain structural applications.
 
 
The Company’s Tubular Products segment manufactures and markets smaller diameter, electric resistance welded steel pipe used in a wide range of applications, including energy, construction, agricultural and industrial systems. The Company’s Tubular Products segment has a manufacturing facility located in Atchison, Kansas and real property located in Houston, Texas. The Atchison facility operated at reduced levels from
April
2015
to
January
2016,
when the Company idled the facility to reduce operating expenses until market conditions improve or a sale is completed.
 
 
 
Three Months Ended March 31,
 
 
 
2017
 
 
2016
 
 
 
(in thousands)
 
Net sales:
               
Water Transmission
  $
29,657
    $
29,358
 
Tubular Products
   
9
     
4,570
 
Total
  $
29,666
    $
33,928
 
                 
Gross profit (loss):
               
Water Transmission
  $
1,165
    $
(5,750
)
Tubular Products
   
(385
)    
313
 
Total
  $
780
    $
(5,437
)
                 
                 
Operating income (loss):
               
Water Transmission
  $
(914
)   $
(7,256
)
Tubular Products
   
(430
)    
104
 
Corporate
   
(2,597
)    
(2,884
)
Total
  $
(3,941
)   $
(10,036
)
XML 28 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 11 - Recent Accounting and Reporting Developments
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]
1
1
.
Recent Accounting and Reporting Developments
 
There have been no developments to recently issued accounting standards, including the expected dates of adoption and estimated effects on the Company’s Condensed Consolidated Financial Statements and disclosures in Notes to Condensed Consolidated Financial Statements, from those disclosed in the Company’s
2016
Form 
10
-K, except for the following:
 
Accounting Changes
 
In
July
2015,
the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 
2015
-
11,
“Inventory (Topic 
330):
Simplifying the Measurement of Inventory” (“ASU 
2015
-
11”).
As a result of ASU 
2015
-
11,
companies are required to measure inventory at the lower of cost and net realizable value. This is a change from the prior requirement to value inventory at the lower of cost or market. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. Inventory valued using the last-in,
first
-out or retail inventory method is exempt from ASU
2015
-
11.
The Company adopted this guidance prospectively on
January
 
1,
2017
and the impact was not material to the Company’s financial position, results of operations or cash flows.
 
In
March
2016,
the FASB issued Accounting Standards Update No. 
2016
-
09,
“Compensation–Stock Compensation (Topic 
718):
Improvements to Employee Share-Based Payment Accounting” (“ASU 
2016
-
09”).
ASU 
2016
-
09
identifies areas for simplification involving several aspects of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, as well as certain classifications on the statement of cash flows. As a result of the adoption of this guidance on
January
 
1,
2017,
on a prospective basis, the Company recognized
$0.8
million of excess tax deficiencies from share-based compensation in Income tax benefit for the
three
months ended
March
 
31,
2017.
Historically, these amounts were recorded as Additional paid-in capital.
 
 
Recent Accounting Standards
 
In
May
2014,
the FASB issued Accounting Standards Update No. 
2014
-
09,
“Revenue from Contracts with Customers (Topic 
606)”
(“ASU 
2014
-
09”)
which will replace most existing revenue recognition guidance in accordance with United States generally accepted accounting principles (“U.S. GAAP”). The core principle of ASU
2014
-
09
is that an entity should recognize revenue for the transfer of goods or services equal to the amount that it expects to be entitled to receive for those goods or services. ASU 
2014
-
09
requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments. ASU 
2014
-
09
will be effective for the Company beginning
January
 
1,
2018,
including interim periods in
2018,
and allows for both retrospective and prospective methods of adoption. During
2016
and
2017,
the FASB issued several ASUs that clarify the implementation guidance for ASU 
2014
-
09
but do not change the core principle of the guidance.
 
The Company is currently evaluating the impact of this revenue recognition guidance on its consolidated financial statements, including which of the alternative application approaches available under the standard will be utilized for its adoption. To date, the Company has examined its revenue streams, and does not believe that the adoption of ASU
2014
-
09
will have a material impact on its revenue recognition patterns as compared to revenue recognition under the existing revenue guidance, as the Company expects that revenues generated will continue to be recognized over time utilizing the percent-complete measure of progress consistent with current practice. The Company will continue to evaluate the impacts of ASU
2014
-
09
through the date of adoption to ensure that its preliminary conclusions continue to remain accurate. Additionally, the Company is continuing its assessment of ASU
2014
-
09’s
impact on its financial statement disclosures.
 
In
February
2016,
the FASB issued Accounting Standards Update No. 
2016
-
02,
“Leases (Topic 
842)”
(“ASU 
2016
-
02”).
ASU 
2016
-
02
makes changes to U.S. GAAP, requiring the recognition of lease assets and lease liabilities by lessees for those leases previously classified as operating leases. For operating leases, the lease asset and lease liability will be initially measured at the present value of the lease payments in the balance sheet. The cost of the lease is then allocated over the lease term on a generally straight-line basis. All cash payments will be classified within operating activities in the statement of cash flows. For financing leases, the lease asset and lease liability will be initially measured at the present value of the lease payments in the balance sheet. Interest on the lease liability will be recognized separately from amortization of the lease asset in the statement of comprehensive income. In the statement of cash flows, repayments of the principal portion of the lease liability will be classified within financing activities, and payments of interest on the lease liability and variable payments will be classified within operating activities. For leases with terms of
twelve
months or less, a lessee is permitted to make an accounting policy election by asset class not to recognize lease assets and lease liabilities. Lease expense for such leases will be generally recognized straight-line basis over the lease term. The accounting applied by a lessor is largely unchanged from previous U.S. GAAP. ASU
2016
-
02
requires qualitative disclosures along with specific quantitative disclosures and will be effective for the Company beginning
January
 
1,
2019,
including interim periods in
2019.
ASU 
2016
-
02
provides for a transitional adoption, with lessees and lessors required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. Early adoption is permitted. The Company does not expect a material impact to the Company’s financial position, results of operations or cash flows from adoption of this guidance.
 
In
March
2017,
the FASB issued Accounting Standards Update No. 
2017
-
07,
“Compensation—Retirement Benefits (Topic 
715):
Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” (“ASU 
2017
-
07”),
which requires that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. ASU 
2017
-
07
requires other components of net benefit cost to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if
one
is presented. If a separate line item or items are used to present the other components of net benefit cost, that line item or items must be appropriately described. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. ASU 
2017
-
07
allows only the service cost component to be eligible for capitalization, when applicable. ASU 
2017
-
07
will be effective for the Company beginning
January
 
1,
2018,
including interim periods in
2018.
The Company is currently assessing the impact of ASU 
2017
-
07
on its Consolidated Financial Statements.
XML 29 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 12 - Restructuring
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Restructuring and Related Activities Disclosure [Text Block]
1
2
.
Restructuring
 
In
October
2016,
the Company sold the Denver, Colorado facility (part of the Water Transmission segment) and leased the property back from the buyer through
March
1,
2017
in order to conclude production at the facility, complete final shipments and transfer certain equipment assets to other Company facilities. The Company incurred restructuring expense of
$0.9
 million during the
three
months ended
March
 
31,
2017
related to demobilization activities. The Company completed the demobilization project and vacated the facility in the
first
quarter of
2017.
XML 30 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 2 - Inventories (Tables)
3 Months Ended
Mar. 31, 2017
Notes Tables  
Schedule Of Inventory Current And Non Current [Table Text Block]
 
 
March 31, 2017
 
 
December 31, 2016
 
Short-term inventories:
               
Raw materials
  $
13,117
    $
15,411
 
Work-in-process
   
1,209
     
1,235
 
Finished goods
   
323
     
40
 
Supplies
   
2,305
     
2,351
 
Total short-term inventories
   
16,954
     
19,037
 
                 
Long-term inventories:
               
Finished goods
   
729
     
773
 
Total inventories
  $
17,683
    $
19,810
 
XML 31 R20.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 3 - Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2017
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
 
 
Total
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
As of March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial assets:
                               
Deferred compensation plan
  $
6,202
    $
5,317
    $
885
    $
-
 
Derivatives
   
26
     
-
     
26
     
-
 
Total assets
  $
6,228
    $
5,317
    $
911
    $
-
 
Financial liabilities:
                               
Derivatives
  $
(14
)   $
-
    $
(14
)   $
-
 
                                 
As of December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial assets:
                               
Deferred compensation plan
  $
6,209
    $
5,215
    $
994
    $
-
 
Derivatives
   
58
     
-
     
58
     
-
 
Total assets
  $
6,267
    $
5,215
    $
1,052
    $
-
 
Financial liabilities:
                               
Derivatives
  $
(8
)   $
-
    $
(8
)   $
-
 
XML 32 R21.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 5 - Share-based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Notes Tables  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
 
 
Three Months Ended March 31,
 
 
 
2017
 
 
2016
 
                 
Cost of sales
  $
81
    $
(28
)
Selling, general and administrative expense
   
190
     
206
 
Total
  $
271
    $
178
 
Share-based Compensation, Stock Options, Activity [Table Text Block]
 
 
Options
Outstanding
 
 
Weighted
Average
Exercise Price
 
 
Weighted
Average
Remaining
Contractual
Life
 
 
Aggregate
Intrinsic Value
 
 
 
 
 
 
 
 
 
 
 
(in years)
 
 
(In thousands)
 
Balance, December 31, 2016
   
26,000
    $
24.97
     
 
     
 
 
Options granted
   
-
     
-
     
 
     
 
 
Options exercised
   
-
     
-
     
 
     
 
 
Options canceled
   
-
     
-
     
 
     
 
 
Balance, March 31, 2017
   
26,000
     
24.97
     
 
     
 
 
Exercisable, March 31, 2017
   
26,000
     
24.97
     
2.78
    $
-
 
Schedule of Unvested Restricted Stock Units Roll Forward [Table Text Block]
 
 
Number of
RSUs and
PSAs
 
 
Weighted
Average Grant
Date Fair Value
 
Unvested RSUs and PSAs as of December 31, 2016
   
221,791
    $
17.36
 
RSUs and PSAs granted
   
-
     
-
 
Unvested RSUs and PSAs canceled
   
(46,988
)    
43.68
 
RSUs vested
   
(5,220
)    
36.00
 
Unvested RSUs as of March 31, 2017
   
169,583
     
9.50
 
XML 33 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 8 - Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Mar. 31, 2017
Notes Tables  
Schedule of Changes in Accumulated Other Comprehensive Income Loss [Table Text Block]
 
 
Pension
Liability
Adjustment
 
 
Unrealized
Gains (Losses)
on Cash Flow
Hedges
 
 
Total
 
Balance, December 31, 2016
  $
(1,493
)   $
10
    $
(1,483
)
                         
Other comprehensive income (loss) before reclassifications
   
25
     
(12
)    
13
 
Amounts reclassified from Accumulated other comprehensive loss
   
77
     
5
     
82
 
Net current period adjustments to Other comprehensive income (loss)
   
102
     
(7
)    
95
 
                         
Balance, March 31, 2017
  $
(1,391
)   $
3
    $
(1,388
)
 
 
Pension
Liability
Adjustment
 
 
Unrealized
Gains (Losses)
on Cash Flow
Hedges
 
 
Total
 
Balance, December 31, 2015
  $
(1,624
)   $
86
    $
(1,538
)
                         
Other comprehensive income (loss) before reclassifications
   
33
     
(86
)    
(53
)
Amounts reclassified from Accumulated other comprehensive loss
   
67
     
(46
)    
21
 
Net current period adjustments to Other comprehensive income (loss)
   
100
     
(132
)    
(32
)
                         
Balance, March 31, 2016
  $
(1,524
)   $
(46
)   $
(1,570
)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
 
 
Three Months Ended March 31,
 
 
 
 
 
 
2017
 
 
2016
 
 
 
 
Details about Accumulated Other
Comprehensive Loss Components
 
Amount reclassified from Accumulated
Other Comprehensive Loss
 
 
Affected line item in the
Condensed Consolidated
Statements of Operations
 
                       
Pension liability adjustment:
                     
Net periodic pension cost
  $
(81
)   $
(71
)  
Cost of sales
 
Associated income tax benefit
   
4
     
4
   
Income tax benefit
 
     
(77
)    
(67
)  
Net of tax
 
                       
Unrealized gain (loss) on cash flow hedges:
                     
Gain (loss) on cash flow hedges
   
(8
)    
74
   
Net sales
 
Associated income tax (expense) benefit
   
3
     
(28
)  
Income tax benefit
 
     
(5
)    
46
   
Net of tax
 
                       
Total reclassifications for the period
  $
(82
)   $
(21
)  
 
 
XML 34 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 9 - Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
 
 
Three Months Ended March 31,
 
 
 
2017
 
 
2016
 
                 
Net loss
  $
(3,868
)   $
(9,583
)
                 
Basic weighted-average common shares outstanding
   
9,604
     
9,572
 
Effect of potentially dilutive common shares
(1)
   
-
     
-
 
Diluted weighted-average common shares outstanding
   
9,604
     
9,572
 
                 
Loss per basic and diluted common share
  $
(0.40
)   $
(1.00
)
XML 35 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 10 - Segment Information (Tables)
3 Months Ended
Mar. 31, 2017
Notes Tables  
Schedule Of Segment Reporting Information By Segment Statement Of Operations [Table Text Block]
 
 
Three Months Ended March 31,
 
 
 
2017
 
 
2016
 
 
 
(in thousands)
 
Net sales:
               
Water Transmission
  $
29,657
    $
29,358
 
Tubular Products
   
9
     
4,570
 
Total
  $
29,666
    $
33,928
 
                 
Gross profit (loss):
               
Water Transmission
  $
1,165
    $
(5,750
)
Tubular Products
   
(385
)    
313
 
Total
  $
780
    $
(5,437
)
                 
                 
Operating income (loss):
               
Water Transmission
  $
(914
)   $
(7,256
)
Tubular Products
   
(430
)    
104
 
Corporate
   
(2,597
)    
(2,884
)
Total
  $
(3,941
)   $
(10,036
)
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 2 - Inventories - Components of Inventories (Details) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Raw materials $ 13,117 $ 15,411
Work-in-process 1,209 1,235
Finished goods 323 40
Supplies 2,305 2,351
Total short-term inventories 16,954 19,037
Finished goods 729 773
Total inventories $ 17,683 $ 19,810
XML 37 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 3 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Deferred compensation plan $ 6,202 $ 6,209
Derivatives, assets 26 58
Total assets 6,228 6,267
Derivatives, liabilities (14) (8)
Fair Value, Inputs, Level 1 [Member]    
Deferred compensation plan 5,317 5,215
Derivatives, assets
Total assets 5,317 5,215
Derivatives, liabilities
Fair Value, Inputs, Level 2 [Member]    
Deferred compensation plan 885 994
Derivatives, assets 26 58
Total assets 911 1,052
Derivatives, liabilities (14) (8)
Fair Value, Inputs, Level 3 [Member]    
Deferred compensation plan
Derivatives, assets
Total assets
Derivatives, liabilities
XML 38 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 4 - Derivative Instruments and Hedging Activities (Details Textual)
CAD in Millions
3 Months Ended
Mar. 31, 2017
USD ($)
Mar. 31, 2016
USD ($)
Mar. 31, 2017
CAD
Dec. 31, 2016
USD ($)
Dec. 31, 2016
CAD
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net $ 0 $ (200,000)      
Foreign Currency Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months $ 0        
Maximum [Member]          
Maturity Period For Forward Contracts 1 year        
Not Designated as Hedging Instrument [Member]          
Derivative, Notional Amount $ 900,000   CAD 1.3 $ 900,000 CAD 1.3
Designated as Hedging Instrument [Member]          
Derivative, Notional Amount $ 1,700,000   CAD 2.2 $ 3,400,000 CAD 4.5
XML 39 R28.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 5 - Share-based Compensation (Details Textual)
$ in Millions
3 Months Ended
Mar. 31, 2017
USD ($)
Number Of Active Stock Incentive Plans 1
Number Of Inactive Stock Option Plans 1
Minimum Performance Awards Issued Multiplier 0.00%
Restricted Stock Units and Performance Stock Awards [Member]  
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options $ 0.7
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition 292 days
Restricted Stock Units (RSUs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period 3 years
Performance Shares [Member]  
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period 3 years
XML 40 R29.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 5 - Share-based Compensation - Summary of Share-based Compensation Expense (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Allocated share-based compensation expense $ 271 $ 178
Cost of Sales [Member]    
Allocated share-based compensation expense 81 (28)
Selling, General and Administrative Expenses [Member]    
Allocated share-based compensation expense $ 190 $ 206
XML 41 R30.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 5 - Share-based Compensation - Summary of Status of Company's Stock Options (Details)
3 Months Ended
Mar. 31, 2017
USD ($)
$ / shares
shares
Balance (in shares) | shares 26,000
Balance (in dollars per share) | $ / shares $ 24.97
Options granted (in shares) | shares
Options granted (in dollars per share) | $ / shares
Options exercised (in shares) | shares
Options exercised (in dollars per share) | $ / shares
Options canceled (in shares) | shares
Options canceled (in dollars per share) | $ / shares
Balance (in shares) | shares 26,000
Balance (in dollars per share) | $ / shares $ 24.97
Balance (Year)
Balance | $
Exercisable, March 31, 2017 (in shares) | shares 26,000
Exercisable, March 31, 2017 (in dollars per share) | $ / shares $ 24.97
Exercisable, March 31, 2017 (Year) 2 years 284 days
Exercisable, March 31, 2017 | $
XML 42 R31.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 5 - Share-based Compensation - Summary of Status of Company's RSUs and PSAs (Details) - Restricted Stock Units and Performance Stock Awards [Member]
3 Months Ended
Mar. 31, 2017
$ / shares
shares
Unvested RSUs and PSAs (in shares) | shares 221,791
Unvested RSUs and PSAs (in dollars per share) | $ / shares $ 17.36
RSUs and PSAs granted (in shares) | shares
RSUs and PSAs granted (in dollars per share) | $ / shares
Unvested RSUs and PSAs canceled (in shares) | shares (46,988)
Unvested RSUs and PSAs canceled (in dollars per share) | $ / shares $ 43.68
RSUs vested (in shares) | shares (5,220)
RSUs vested (in dollars per share) | $ / shares $ 36
Unvested RSUs as of March 31, 2017 (in shares) | shares 169,583
Unvested RSUs and PSAs (in dollars per share) | $ / shares $ 9.50
XML 43 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 6 - Commitments and Contingencies (Details Textual)
$ in Millions
1 Months Ended
Jan. 31, 2017
USD ($)
Jan. 31, 2015
USD ($)
Jul. 31, 2014
USD ($)
Mar. 31, 2017
USD ($)
Jun. 30, 2014
USD ($)
Number Of Potentially Responsible Parties       100  
Estimated Cost of EPA Selected Remedy $ 1,050.0        
Estimated Time to Complete Selected EPA Remedy 13 years        
Insurance Recoveries   $ 2.6      
Letters of Credit Outstanding, Amount       $ 2.0  
Portland Harbor Natural Resources Trustee Council [Member]          
Loss Contingency, Accrual, Current         $ 0.4
Loss Contingency Accrual, Payments     $ 0.2    
Voluntary Cleanup Program [Member] | Estimated [Member]          
Accrual for Environmental Loss Contingencies       0.2  
Voluntary Cleanup Program [Member] | Minimum [Member]          
Loss Contingency, Estimate of Possible Loss       0.1  
Voluntary Cleanup Program [Member] | Maximum [Member]          
Loss Contingency, Estimate of Possible Loss       $ 1.6  
Lower Willamette Group [Member]          
Number Of Potentially Responsible Parties 14        
XML 44 R33.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 7 - Income Taxes (Details Textual) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Effective Income Tax Rate Reconciliation, Percent 5.40% 5.30%  
Income Tax Expense (Benefit) $ (221) $ (532)  
Unrecognized Tax Benefits 4,900   $ 4,900
Accounting Standards Update 2016-09 [Member]      
Income Tax Expense (Benefit) $ 800    
XML 45 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 8 - Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Beginning balance $ 209,213  
Ending balance 205,687  
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]    
Beginning balance (1,493) $ (1,624)
Other comprehensive income (loss) before reclassifications 25 33
Amounts reclassified from Accumulated other comprehensive loss 77 67
Net current period adjustments to Other comprehensive income (loss) 102 100
Ending balance (1,391) (1,524)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]    
Beginning balance 10 86
Other comprehensive income (loss) before reclassifications (12) (86)
Amounts reclassified from Accumulated other comprehensive loss 5 (46)
Net current period adjustments to Other comprehensive income (loss) (7) (132)
Ending balance 3 (46)
AOCI Attributable to Parent [Member]    
Beginning balance (1,483) (1,538)
Other comprehensive income (loss) before reclassifications 13 (53)
Amounts reclassified from Accumulated other comprehensive loss 82 21
Net current period adjustments to Other comprehensive income (loss) 95 (32)
Ending balance $ (1,388) $ (1,570)
XML 46 R35.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 8 - Accumulated Other Comprehensive Loss - Schedule of Reclassifications of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net periodic pension cost $ (28,886) $ (39,365)
Associated income tax (expense) benefit 221 532
Reclassifications for the period (3,868) (9,583)
Gain (loss) on cash flow hedges 29,666 33,928
Reclassification out of Accumulated Other Comprehensive Income [Member]    
Reclassifications for the period (82) (21)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]    
Net periodic pension cost (81) (71)
Associated income tax (expense) benefit 4 4
Reclassifications for the period (77) (67)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]    
Associated income tax (expense) benefit 3 (28)
Reclassifications for the period (5) 46
Gain (loss) on cash flow hedges $ (8) $ 74
XML 47 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 9 - Loss Per Share (Details Textual) - shares
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 196,000 94,000
XML 48 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 9 - Loss Per Share - Loss Per Basic and Diluted Weighted Average Common Shares Outstanding (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net loss $ (3,868) $ (9,583)
Basic weighted-average common shares outstanding (in shares) 9,604 9,572
Effect of potentially dilutive common shares (in shares) [1]
Diluted weighted-average common shares outstanding (in shares) 9,604 9,572
Basic and diluted loss per share (in dollars per share) $ (0.40) $ (1)
[1] Due to the Company's net loss in the three months ended March 31, 2017 and 2016, the assumed exercise of stock options and the vesting of restricted stock units and performance share awards using the treasury stock method would have had an antidilutive effect and were therefore excluded from the computation of diluted loss per share. The weighted average number of such antidilutive shares not included in the computation of diluted loss per share was approximately 196,000 and 94,000 for the three months ended March 31, 2017 and 2016, respectively.
XML 49 R38.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 10 - Segment Information - Segment Information Report of Statements of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales $ 29,666 $ 33,928
Gross profit (loss) 780 (5,437)
Operating loss (3,941) (10,036)
Water Transmission Group [Member] | Operating Segments [Member]    
Net sales 29,657 29,358
Gross profit (loss) 1,165 (5,750)
Operating loss (914) (7,256)
Tubular Products [Member] | Operating Segments [Member]    
Net sales 9 4,570
Gross profit (loss) (385) 313
Operating loss (430) 104
Corporate Segment [Member]    
Operating loss $ (2,597) $ (2,884)
XML 50 R39.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 11 - Recent Accounting and Reporting Developments (Details Textual) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Tax Expense (Benefit) $ (221) $ (532)
Accounting Standards Update 2016-09 [Member]    
Income Tax Expense (Benefit) $ 800  
XML 51 R40.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 12 - Restructuring (Details Textual) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Restructuring Charges $ 881
Demobilization Activities [Member]    
Restructuring Charges $ 900  
EXCEL 52 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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ŁYR&0+[/#9J;2FGJWRE(E4U\ZI8&-ET< MNB[UG0Z'AGI'6,Y\'$!69HS,\,#&BT/GI;[;#1HV+83NJ8]#0YR9+QZ&C1?W MEDFF+'0F VR8.'1,ZOL4#MVPS%'0#:#*"O]>)Y-YH1'JX$:K+MK*%.5?]+-8OM#P-*-*HB"H:#<" "& M!@ & 'AL+W=O_G_F&P>&O*?LC=< MPGDGN.4[MQ:BVWH>KVH@B#_0#EIYYTP904)NV<7C'0-TTB:"O=#W$X^@IG6+ M7,<.K,CI5>"FA0-S^)40Q/Z4@&F_

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end XML 53 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 54 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 56 FilingSummary.xml IDEA: XBRL DOCUMENT 3.7.0.1 html 67 175 1 true 26 0 false 5 false false R1.htm 000 - Document - Document And Entity Information Sheet http://www.nwpipe.com/20170331/role/statement-document-and-entity-information Document And Entity Information Cover 1 false false R2.htm 001 - Statement - Condensed Consolidated Statements of Operations (Unaudited) Sheet http://www.nwpipe.com/20170331/role/statement-condensed-consolidated-statements-of-operations-unaudited Condensed Consolidated Statements of Operations (Unaudited) Statements 2 false false R3.htm 002 - Statement - Condensed Consolidated Statements of Comprehensive Loss (Unaudited) Sheet http://www.nwpipe.com/20170331/role/statement-condensed-consolidated-statements-of-comprehensive-loss-unaudited Condensed Consolidated Statements of Comprehensive Loss (Unaudited) Statements 3 false false R4.htm 003 - Statement - Condensed Consolidated Balance Sheets (Current Period Unaudited) Sheet http://www.nwpipe.com/20170331/role/statement-condensed-consolidated-balance-sheets-current-period-unaudited Condensed Consolidated Balance Sheets (Current Period Unaudited) Statements 4 false false R5.htm 004 - Statement - Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) Sheet http://www.nwpipe.com/20170331/role/statement-condensed-consolidated-balance-sheets-current-period-unaudited-parentheticals Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) Statements 5 false false R6.htm 005 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited) Sheet http://www.nwpipe.com/20170331/role/statement-condensed-consolidated-statements-of-cash-flows-unaudited Condensed Consolidated Statements of Cash Flows (Unaudited) Statements 6 false false R7.htm 006 - Disclosure - Note 1 - Basis of Presentation Sheet http://www.nwpipe.com/20170331/role/statement-note-1-basis-of-presentation Note 1 - Basis of Presentation Notes 7 false false R8.htm 007 - Disclosure - Note 2 - Inventories Sheet http://www.nwpipe.com/20170331/role/statement-note-2-inventories Note 2 - Inventories Notes 8 false false R9.htm 008 - Disclosure - Note 3 - Fair Value Measurements Sheet http://www.nwpipe.com/20170331/role/statement-note-3-fair-value-measurements Note 3 - Fair Value Measurements Notes 9 false false R10.htm 009 - Disclosure - Note 4 - Derivative Instruments and Hedging Activities Sheet http://www.nwpipe.com/20170331/role/statement-note-4-derivative-instruments-and-hedging-activities Note 4 - Derivative Instruments and Hedging Activities Notes 10 false false R11.htm 010 - Disclosure - Note 5 - Share-based Compensation Sheet http://www.nwpipe.com/20170331/role/statement-note-5-sharebased-compensation Note 5 - Share-based Compensation Notes 11 false false R12.htm 011 - Disclosure - Note 6 - Commitments and Contingencies Sheet http://www.nwpipe.com/20170331/role/statement-note-6-commitments-and-contingencies Note 6 - Commitments and Contingencies Notes 12 false false R13.htm 012 - Disclosure - Note 7 - Income Taxes Sheet http://www.nwpipe.com/20170331/role/statement-note-7-income-taxes Note 7 - Income Taxes Notes 13 false false R14.htm 013 - Disclosure - Note 8 - Accumulated Other Comprehensive Loss Sheet http://www.nwpipe.com/20170331/role/statement-note-8-accumulated-other-comprehensive-loss Note 8 - Accumulated Other Comprehensive Loss Notes 14 false false R15.htm 014 - Disclosure - Note 9 - Loss Per Share Sheet http://www.nwpipe.com/20170331/role/statement-note-9-loss-per-share Note 9 - Loss Per Share Notes 15 false false R16.htm 015 - Document - Note 10 - Segment Information Sheet http://www.nwpipe.com/20170331/role/statement-note-10-segment-information Note 10 - Segment Information Uncategorized 16 false false R17.htm 016 - Disclosure - Note 11 - Recent Accounting and Reporting Developments Sheet http://www.nwpipe.com/20170331/role/statement-note-11-recent-accounting-and-reporting-developments Note 11 - Recent Accounting and Reporting Developments Uncategorized 17 false false R18.htm 017 - Disclosure - Note 12 - Restructuring Sheet http://www.nwpipe.com/20170331/role/statement-note-12-restructuring- Note 12 - Restructuring Uncategorized 18 false false R19.htm 018 - Disclosure - Note 2 - Inventories (Tables) Sheet http://www.nwpipe.com/20170331/role/statement-note-2-inventories-tables Note 2 - Inventories (Tables) Uncategorized 19 false false R20.htm 019 - Disclosure - Note 3 - Fair Value Measurements (Tables) Sheet http://www.nwpipe.com/20170331/role/statement-note-3-fair-value-measurements-tables Note 3 - Fair Value Measurements (Tables) Uncategorized 20 false false R21.htm 020 - Disclosure - Note 5 - Share-based Compensation (Tables) Sheet http://www.nwpipe.com/20170331/role/statement-note-5-sharebased-compensation-tables Note 5 - Share-based Compensation (Tables) Uncategorized 21 false false R22.htm 021 - Disclosure - Note 8 - Accumulated Other Comprehensive Loss (Tables) Sheet http://www.nwpipe.com/20170331/role/statement-note-8-accumulated-other-comprehensive-loss-tables Note 8 - Accumulated Other Comprehensive Loss (Tables) Uncategorized 22 false false R23.htm 022 - Disclosure - Note 9 - Loss Per Share (Tables) Sheet http://www.nwpipe.com/20170331/role/statement-note-9-loss-per-share-tables Note 9 - Loss Per Share (Tables) Uncategorized 23 false false R24.htm 023 - Disclosure - Note 10 - Segment Information (Tables) Sheet http://www.nwpipe.com/20170331/role/statement-note-10-segment-information-tables Note 10 - Segment Information (Tables) Uncategorized 24 false false R25.htm 024 - Disclosure - Note 2 - Inventories - Components of Inventories (Details) Sheet http://www.nwpipe.com/20170331/role/statement-note-2-inventories-components-of-inventories-details Note 2 - Inventories - Components of Inventories (Details) Uncategorized 25 false false R26.htm 025 - Disclosure - Note 3 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) Sheet http://www.nwpipe.com/20170331/role/statement-note-3-fair-value-measurements-assets-and-liabilities-measured-at-fair-value-on-recurring-basis-details Note 3 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) Uncategorized 26 false false R27.htm 026 - Disclosure - Note 4 - Derivative Instruments and Hedging Activities (Details Textual) Sheet http://www.nwpipe.com/20170331/role/statement-note-4-derivative-instruments-and-hedging-activities-details-textual Note 4 - Derivative Instruments and Hedging Activities (Details Textual) Uncategorized 27 false false R28.htm 027 - Disclosure - Note 5 - Share-based Compensation (Details Textual) Sheet http://www.nwpipe.com/20170331/role/statement-note-5-sharebased-compensation-details-textual Note 5 - Share-based Compensation (Details Textual) Uncategorized 28 false false R29.htm 028 - Disclosure - Note 5 - Share-based Compensation - Summary of Share-based Compensation Expense (Details) Sheet http://www.nwpipe.com/20170331/role/statement-note-5-sharebased-compensation-summary-of-sharebased-compensation-expense-details Note 5 - Share-based Compensation - Summary of Share-based Compensation Expense (Details) Uncategorized 29 false false R30.htm 029 - Disclosure - Note 5 - Share-based Compensation - Summary of Status of Company's Stock Options (Details) Sheet http://www.nwpipe.com/20170331/role/statement-note-5-sharebased-compensation-summary-of-status-of-companys-stock-options-details Note 5 - Share-based Compensation - Summary of Status of Company's Stock Options (Details) Uncategorized 30 false false R31.htm 030 - Disclosure - Note 5 - Share-based Compensation - Summary of Status of Company's RSUs and PSAs (Details) Sheet http://www.nwpipe.com/20170331/role/statement-note-5-sharebased-compensation-summary-of-status-of-companys-rsus-and-psas-details Note 5 - Share-based Compensation - Summary of Status of Company's RSUs and PSAs (Details) Uncategorized 31 false false R32.htm 031 - Disclosure - Note 6 - Commitments and Contingencies (Details Textual) Sheet http://www.nwpipe.com/20170331/role/statement-note-6-commitments-and-contingencies-details-textual Note 6 - Commitments and Contingencies (Details Textual) Uncategorized 32 false false R33.htm 032 - Disclosure - Note 7 - Income Taxes (Details Textual) Sheet http://www.nwpipe.com/20170331/role/statement-note-7-income-taxes-details-textual Note 7 - Income Taxes (Details Textual) Uncategorized 33 false false R34.htm 033 - Disclosure - Note 8 - Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Loss (Details) Sheet http://www.nwpipe.com/20170331/role/statement-note-8-accumulated-other-comprehensive-loss-components-of-accumulated-other-comprehensive-loss-details Note 8 - Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Loss (Details) Uncategorized 34 false false R35.htm 034 - Disclosure - Note 8 - Accumulated Other Comprehensive Loss - Schedule of Reclassifications of Accumulated Other Comprehensive Income (Loss) (Details) Sheet http://www.nwpipe.com/20170331/role/statement-note-8-accumulated-other-comprehensive-loss-schedule-of-reclassifications-of-accumulated-other-comprehensive-income-loss-details Note 8 - Accumulated Other Comprehensive Loss - Schedule of Reclassifications of Accumulated Other Comprehensive Income (Loss) (Details) Uncategorized 35 false false R36.htm 035 - Disclosure - Note 9 - Loss Per Share (Details Textual) Sheet http://www.nwpipe.com/20170331/role/statement-note-9-loss-per-share-details-textual Note 9 - Loss Per Share (Details Textual) Uncategorized 36 false false R37.htm 036 - Disclosure - Note 9 - Loss Per Share - Loss Per Basic and Diluted Weighted Average Common Shares Outstanding (Details) Sheet http://www.nwpipe.com/20170331/role/statement-note-9-loss-per-share-loss-per-basic-and-diluted-weighted-average-common-shares-outstanding-details Note 9 - Loss Per Share - Loss Per Basic and Diluted Weighted Average Common Shares Outstanding (Details) Uncategorized 37 false false R38.htm 037 - Disclosure - Note 10 - Segment Information - Segment Information Report of Statements of Operations (Details) Sheet http://www.nwpipe.com/20170331/role/statement-note-10-segment-information-segment-information-report-of-statements-of-operations-details Note 10 - Segment Information - Segment Information Report of Statements of Operations (Details) Uncategorized 38 false false R39.htm 038 - Disclosure - Note 11 - Recent Accounting and Reporting Developments (Details Textual) Sheet http://www.nwpipe.com/20170331/role/statement-note-11-recent-accounting-and-reporting-developments-details-textual Note 11 - Recent Accounting and Reporting Developments (Details Textual) Uncategorized 39 false false R40.htm 039 - Disclosure - Note 12 - Restructuring (Details Textual) Sheet http://www.nwpipe.com/20170331/role/statement-note-12-restructuring-details-textual Note 12 - Restructuring (Details Textual) Uncategorized 40 false false All Reports Book All Reports nwpx-20170331.xml nwpx-20170331.xsd nwpx-20170331_cal.xml nwpx-20170331_def.xml nwpx-20170331_lab.xml nwpx-20170331_pre.xml true true ZIP 58 0001437749-17-007835-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001437749-17-007835-xbrl.zip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�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end