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Related Parties
12 Months Ended
Dec. 31, 2017
Related Party Transactions [Abstract]  
Related Parties

NOTE 18 – RELATED PARTIES:

ATR has a $5,325 (RMB 34,655) loan outstanding with its minority shareholder. The loan originally matured in 2008 but has been renewed continually for one year periods. Interest does not compound and has accrued on the outstanding balance, since inception, at the three-to-five-year loan interest rate set by the People’s Bank of China in effect at the time of renewal. The interest rate for 2017 approximated 5%. Accrued interest approximated $2,682 (RMB 17,457) and $2,265 (RMB 15,730) as of December 31, 2017, and 2016, respectively, which is recorded in other current liabilities on the consolidated balance sheet. Purchases from ATR’s minority shareholder and its affiliates, which were in the ordinary course of business, approximated $7,752 (RMB 52,418) and $6,362 (RMB 42,403) in 2017 and 2016, respectively. Excluding the loan and interest outstanding, the amount payable to ATR’s minority shareholder and its affiliates approximated $296 (RMB 1,929) and $899 (RMB 6,237) at December 31, 2017, and 2016, respectively. Sales to ATR’s minority shareholder and its affiliates, which were in the ordinary course of business, approximated $8,564 (RMB 57,909) and $5,922 (RMB 39,468) for 2017 and 2016, respectively. No amounts were due from ATR’s minority shareholder or its affiliates as of December 31, 2017, or 2016.