Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2015

Stockholders' Equity Note [Abstract]

Comprehensive Income (Loss) [Table Text Block]

Comprehensive income for the three and nine months ended September 30, 2015 and 2014, was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
	(Dollars in thousands)
Net earnings	$	5,377	$	5,545	$	11,054	$	11,296
Foreign currency translation adjustments		(1,609)		(1,426)		(3,109)		(796)
Pension liability, net of tax of $174, $69, $520, and $207, respectively		272		107		815		323
Total comprehensive income	$	4,040	$	4,226	$	8,760	$	10,823

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The components of accumulated other comprehensive loss as recorded in the Consolidated Condensed Balance Sheets (Unaudited) were as follows:

	September 30,		December 31,
	2015		2014
	(Dollars in thousands)
Foreign currency translation adjustments	$	(5,302)	$	(2,894)
Pension liability, net of tax		(14,321)		(15,136)
Total accumulated other comprehensive loss	$	(19,623)	$	(18,030)

Changes In Accumulated Other Comprehensive Loss [Table Text Block]

The following presents a tabular disclosure about changes in accumulated other comprehensive loss during the nine months ended September 30, 2015:

	Foreign		Defined
	Currency		Benefit
	Translation		Pension
	Adjustments		Items		Total
Beginning balance, December 31, 2014	$	(2,894)	$	(15,136)	$	(18,030)
Other comprehensive income before reclassifications		(2,408)		-		(2,408)
Amounts reclassified from accumulated other comprehensive loss		-		815		815
Net current period other comprehensive income		(2,408)		815		(1,593)
Ending balance, September 30, 2015	$	(5,302)	$	(14,321)	$	(19,623)

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The following presents a tabular disclosure about reclassification adjustments out of accumulated other comprehensive loss during the nine months ended September 30, 2015:

	Amounts reclassified
	from accumulated other
	comprehensive loss for		Affected line item in the
	the nine months ended		statement where net
	September 30, 2015		income is presented

Amortization of defined benefit pension items
Prior service cost	$	(84)	⁽¹⁾
Actuarial losses		1,419	⁽¹⁾
Total before tax		1,335
Tax benefit		(520)
Net of tax	$	815

⁽¹⁾	These amounts were included in the computation of net periodic pension cost. See Note 6 for additional details.