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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2017
Summary of Significant Accounting Policies  
Revised Consolidated Statements

 

 

 

 

 

 

 

 

 

 

Consolidated Balance Sheet

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2016

 

 

As previously

 

 

 

 

 

 

 

    

Reported

    

Adjustment

    

Corrected

 

 

 

  

 

 

  

 

 

  

Other long-term liabilities

 

$

1,878

 

$

3,831

 

$

5,709

Deferred income taxes

 

 

853

 

 

(414)

 

 

439

Total liabilities

 

 

70,691

 

$

3,417

 

 

74,108

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive Income (loss)

 

 

(9,493)

 

$

(3,417)

 

 

(12,910)

Total stockholders' equity

 

 

256,579

 

 

(3,417)

 

 

253,162

Total liabilities and stockholders' equity

 

$

327,270

 

$

 —

 

$

327,270

 

 

 

 

 

 

 

 

 

 

 

Consolidated Statements of Comprehensive Income (Loss)

 

For the year ended December 31, 2016

 

 

As previously

 

 

 

 

 

 

 

    

Reported

    

Adjustment

    

Corrected

Net income (loss)

 

$

10,514

 

$

 —

 

$

10,514

Other comprehensive income (loss):

 

 

 

 

 

 

 

 

 

Cumulative translation adjustment, net

 

 

(2,488)

 

 

 —

 

 

(2,488)

Pension adjustment, net

 

 

(1,211)

 

 

(525)

 

 

(1,736)

Comprehensive income (loss)

 

$

6,815

 

$

(525)

 

$

6,290

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2015

 

 

As previously

 

 

 

 

 

 

 

    

Reported

    

Adjustment

    

Corrected

Net income (loss)

 

$

42,151

 

$

 —

 

$

42,151

Other comprehensive income (loss):

 

 

 

 

 

 

 

 

 

Cumulative translation adjustment, net

 

 

(3,292)

 

 

 —

 

 

(3,292)

Pension adjustment, net

 

 

 —

 

 

(552)

 

 

(552)

Comprehensive income (loss)

 

$

38,859

 

$

(552)

 

$

38,307

 

Consolidated Statements of Stockholders’ Equity

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated Other Comprehensive Income

 

 

As previously

 

 

 

 

 

 

 

    

Reported

    

Adjustment

    

Corrected

Balance at January 1, 2015

 

$

(2,502)

 

$

(2,340)

 

$

(4,842)

Foreign currency translation adjustment, net

 

 

(3,292)

 

 

 —

 

 

(3,292)

Pension adjustment, net of tax of $70

 

 

 —

 

 

(552)

 

 

(552)

Balance at December 31, 2015

 

 

(5,794)

 

 

(2,892)

 

 

(8,686)

Foreign currency translation adjustment, net

 

 

(2,488)

 

 

 —

 

 

(2,488)

Pension adjustment, net of tax of $509

 

 

(1,211)

 

 

(525)

 

 

(1,736)

Balance at December 31, 2016

 

$

(9,493)

 

$

(3,417)

 

$

(12,910)

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Stockholders' Equity

 

 

As previously

 

 

 

 

 

 

 

    

Reported

    

Adjustment

    

Corrected

Balance at January 1, 2015

 

$

205,873

 

$

(2,340)

 

$

203,533

Net income

 

 

42,151

 

 

 

 

 

42,151

Foreign currency translation adjustment, net

 

 

(3,292)

 

 

 

 

 

(3,292)

Restricted stock

 

 

3,835

 

 

 

 

 

3,835

Tax payments for stock issuances

 

 

(837)

 

 

 

 

 

(837)

Tax benefits of stock based compensation

 

 

318

 

 

 

 

 

318

Pension adjustment, net of tax of $70

 

 

 —

 

 

(552)

 

 

(552)

Balance at December 31, 2015

 

 

248,048

 

 

(2,892)

 

 

245,156

Net income

 

 

10,514

 

 

 

 

 

10,514

Foreign currency translation adjustment, net

 

 

(2,488)

 

 

 

 

 

(2,488)

Restricted stock

 

 

2,766

 

 

 

 

 

2,766

Tax payments for stock issuances

 

 

(1,051)

 

 

 

 

 

(1,051)

Pension adjustment, net of tax of $509

 

 

(1,211)

 

 

(525)

 

 

(1,736)

Balance at December 31, 2016

 

$

256,578

 

$

(3,417)

 

$

253,161