Note 14 - Commitments and Contingencies

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

1 4. COMMITMENTS AND CONTINGENCIES :

From time to time, the Company is involved in litigation arising out of its operations in the ordinary course of business. The Company maintains liability insurance, including product liability coverage, in amounts deemed adequate by management. To date, aggregate costs to

the Company for claims, including product liability actions, have

not

been material. However, an uninsured or partially insured claim, or claim for which indemnification is

not

available, could have a material adverse effect on the Company’s financial condition or results of operations. The Company believes that there are

no

claims or litigation pending, the outcome of which could have a material adverse effect on its financial position or results of operations. However, due to the inherent uncertainty of litigation, there can be

no

assurance that the resolution of any particular claim or proceeding would

not

have a material adverse effect on the Company’s financial condition or results of operations for the fiscal period in which such resolution occurred.

The Company has

a purchase obligation of approximately

$8.6

million at

December 

31,

2017

related to the Company’s construction contract for a facility in Denton, Texas. The Company also has a contractual obligation of approximately

$3.8

million with SAP America, Inc. with respect to the Software License Agreement for the ERP Platform.