XML 41 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 10 - Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2014
Note 10 - Stockholders' Equity (Tables) [Line Items]  
Schedule of Income Tax Provision (Benefit) Allocated to Other Comprehensive Income [Table Text Block]
   
For the three months
ended September 30,
   
For the nine months
ended September 30,
 
   
2014
     
2013
   
2014
     
2013
 
   
(Successor)
     
(Predecessor)
   
(Successor)
     
(Predecessor)
 
                             
                             
Foreign currency translation adjustment
  $ -       $ -     $ -       $ -  
Unrealized (loss) gain on available for sale securities
    35         (39 )     33         (56 )
Pension and postretirement plans
    -         -       11         -  
Derivative valuation
    -         (136 )     63         91  
Income tax benefit (provision) related to other comprehensive (loss) income
  $ 35       $ (175 )   $ 107       $ 35  
Successor [Member]
 
Note 10 - Stockholders' Equity (Tables) [Line Items]  
Schedule of Stockholders Equity [Table Text Block]
Successor
 
                                                             
   
Preferred Stock
   
Common Stock
                                     
   
Shares
   
Amount
   
Shares
   
Amount
   
Additional
Paid-in
Capital
   
Accumulated
Deficit
   
Accumulated
other
comprehensive
income (loss)
   
Total
Stockholders'
Equity
   
Non-
controlling
interest
   
Total equity
 
                                                             
Balance at December 31, 2013
    2,000,000     $ -       103,571,941     $ -     $ 1,212,038     $ (194,222 )   $ 1,265     $ 1,019,081     $ 96,021     $ 1,115,102  
Impact of Domestication
    -       20       -       1,016       (1,036 )     -       -       -       -       -  
Issuance of common shares at $11.00 per share on January 5, 2014
    -       -       3,959       -       44       -       -       44       -       44  
Issuance of common shares to Directors on July 31, 2014
                    9,242       -       -       -               -       -       -  
Issuance of common shares from Employee Stock Purchase Plan
    -       -       4,108       -       95       -               95       -       95  
Exercise of warrants for common shares at $11.50 per share
    -       -       16,244,694       163       186,652       -       -       186,815       -       186,815  
Issuance of common shares at $19.00 per share in connection with Private Placement Offering
                    15,800,000       158       300,042       -       -       300,200       -       300,200  
Issuance costs in connection with Private Placement Offering
    -       -       -       -       (13,770 )     -       -       (13,770 )     -       (13,770 )
Issuance of common shares at $11.00 per share in connection with 401(k) Exchange Agreement
    -       -       1,670,386       16       18,358       -       -       18,374       -       18,374  
Recovery of short swing profits, net
    -       -       -       -       533       -       -       533       -       533  
Equity compensation expense
    -       -       -       -       451       -       -       451       -       451  
Net income
    -       -       -       -       -       4,077       -       4,077       5,380       9,457  
Foreign currency translation adjustments
    -       -       -       -       -       -       (37,302 )     (37,302 )     (5 )     (37,307 )
Pension and postretirement plans, net of tax benefit of $11
    -       -       -       -       -       -       228       228       -       228  
Derivatives valuation, net of tax benefit of $63
    -       -       -       -       -       -       (100 )     (100 )     -       (100 )
Unrealized loss on available for sale equity securities, net of tax benefit of $33
    -       -       -       -       -       -       (53 )     (53 )     -       (53 )
Allocation of comprehensive loss to non-controlling interest
    -       -       -       -       -       -       2,522       2,522       (2,522 )     -  
Distribution to non-controlling interest
    -       -       -       -       -       -       -       -       (487 )     (487 )
Balance at September 30, 2014
    2,000,000     $ 20       137,304,330     $ 1,353     $ 1,703,407     $ (190,145 )   $ (33,440 )   $ 1,481,195     $ 98,387     $ 1,579,582  
Successor From Inception [Member]
 
Note 10 - Stockholders' Equity (Tables) [Line Items]  
Schedule of Stockholders Equity [Table Text Block]
Successor
 
                                           
   
Preferred Stock
   
Common Stock
                   
   
Shares
   
Amount
   
Shares
   
Amount
   
Additional
Paid-in
Capital
   
Accumulated
Deficit
   
Total
Stockholders'
Equity
 
                                           
Balance at April 23, 2013 (Inception)
    -     $ -       -     $ -     $ -     $ -     $ -  
Issuance of preferred shares @ $10.00 per share on April 25, 2013
    2       -       -       -       -       -       -  
Issuance of preferred shares @ $10.00 per share with matching warrants on May 22, 2013 along with 2 matching warrants matching with previously issued preferred shares
    1,999,998       -       -       -       20,000       -       20,000  
Issuance of common shares @ $10.00 per share with matching warrants on May 22, 2013
    -       -       88,529,500       -       885,296       -       885,296  
Equity offering cost
    -       -       -       -       (24,078 )     -       (24,078 )
Equity compensation expense
    -       -       -       -       147       -       147  
Net loss
    -       -       -       -       -       (4,790 )     (4,790 )
Balance at September 30, 2013
    2,000,000     $ -       88,529,500     $ -     $ 881,365     $ (4,790 )   $ 876,575  
Predecessor [Member]
 
Note 10 - Stockholders' Equity (Tables) [Line Items]  
Schedule of Stockholders Equity [Table Text Block]
Predecessor
 
   
Series A
Preferred
Shares
   
Series B
Preferred
Shares
   
Common
Shares
   
Additional
Paid-In
Capital
   
Accumulated
deficit
   
Accumulated
other
comprehensive
income (loss)
   
Treasury
Stock
   
Total
Stockholders'
Equity
   
Non-
controlling
interest
   
Total equity
(deficit)
 
Balance at December 31, 2012
  $ 525,027     $ -     $ 50,000     $ 2,318     $ (273,086 )   $ (30,270 )   $ (1,264 )   $ 272,725     $ (288 )   $ 272,437  
Net income
    -       -       -       -       23,890       -       -       23,890       319       24,209  
Equity compensation
    -       -       -       109       -       -       -       109       -       109  
Accrual of paid in kind dividend on cumulative preferred shares
    20,805       1,295       -       -       (22,100 )     -       -       -       -       -  
Foreign currency translation adjustments
    -       -       -       -       -       (6,164 )     -       (6,164 )     1       (6,163 )
Derivatives valuation, net of tax  benefit of $227
    -       -       -       -       -       (169 )     -       (169 )     -       (169 )
Unrealized loss on available for sale equity securities, net of tax expense of $17
    -       -       -       -       -       103       -       103       -       103  
Shares repurchased
    (500,000 )     -       -                               (8 )     (500,008 )     -       (500,008 )
Shares exchanged
    (44,977 )     44,977       -                                       -       -       -  
Shares canceled
    (855 )     -       (417 )                             1,272       -       -       -  
Dividend paid to non-controlling interest
    -       -       -       -       -       -       -       -       (505 )     (505 )
Contribution from non-controlling interest
    -       -       -       -       -       -       -       -       17       17  
Balance at September 30, 2013
  $ -     $ 46,272     $ 49,583     $ 2,427     $ (271,296 )   $ (36,500 )   $ -     $ (209,514 )   $ (456 )   $ (209,970 )