Our investments have been accounted for under the equity method because we exert significant influence over these affiliates, but we do not control them. Investment income from these equity method investments, which is reported in Miscellaneous expense (income), net was approximately zero in 2019, income of $0.1 million in 2018, and loss of $0.3 million in 2017. The balance of our equity method investments, which is reported in Other non-current assets, was $8.0 million at December 31, 2019, and $8.2 million at December 31, 2018.

The income (loss) that we record for these investments is equal to our proportionate share of the affiliates’ income or loss and our investments are equal to our proportionate share of the affiliates’ shareholders’ equity based on our ownership percentage. We have summarized below condensed income statement and balance sheet information for the combined equity method investees:



	2019		2018		2017
	(Dollars in thousands)
Net sales	$	16,563	$	18,950	$	33,851
Gross profit		2,507		3,343		5,655
Income (loss) from continuing operations		(861)		746		(224)
Net income (loss)		(689)		596		(220)



	2019		2018
	(Dollars in thousands)
Current assets	$	13,623	$	17,305
Non-current assets		4,214		3,356
Current liabilities		(2,994)		(3,832)
Non-current liabilities		(161)		(339)



	2019		2018		2017
	(Dollars in thousands)
Sales	$	7,308	$	4,898	$	5,378
Purchases		316		15		2,006
Dividends and interest received		154		415		920
Commission and royalties received		363		305		130
Commissions and royalties paid		11		—		57