Note 13 - Commitments

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

Note 1

3

– Commitments

The Company leases property from third parties. The Company leases a portion of its U.S. facilities, and the lease terms expire between July 2017 and May 2018. The Company also leases office space in France, Germany and Italy with terms expiring at various times from 2015 to 2023. The Company leases an office and manufacturing space in Japan, and the initial term expires in November 2021. The Company has the ability to terminate this lease, with no penalty, upon six months’ notice. The Company also leases office and manufacturing space for Alphaform in Germany and Finland with terms expiring at various times from 2016 to 2018.

Future minimum commitments under non-cancelable leases at December 31, 2015, are as follows:

	Operating Leases
(in thousands)
Years Ending December 31,
2016	$	2,041
2017		1,196
2018		825
2019		490
2020		462
After 2020		703
Total future minimum lease payments	$	5,717

Rental expense was approximately $1.4 million, $1.0 million and $1.2 million for the years ended December 31, 2015, 2014 and 2013, respectively.