Note 10 - Commitments and Contingencies

3 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

Note

10

. Commitments and Contingencies

The Company is named from time to time as a party to product liability

, contractual lawsuits and other general corporate matters in the normal course of business.

The Company routinely assesses the likelihood of any adverse judgments or outcomes related to legal matters and claims, as well as ranges of probable losses. A determination of the amount of the reserves required, if any, for these contingencies is made after analysis of each known issue, historical experience

, whether it is more likely than not that the Company shall incur a loss, and whether the loss is estimable

.

The Company is

not currently a party to any material legal proceedings.