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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Total
Common Stock, $1 par value
Capital in Excess of Par Value
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of year at Dec. 31, 2014 $ 61,855,000 $ 8,720,000 $ 8,701,000 $ 43,275,000 $ (267,000) $ 1,426,000
Net income (loss) 297,000     297,000    
Adjustment for foreign currency translation (1,892,000)         (1,892,000)
Stock based compensation 1,252,000 0 1,252,000      
Shares issued   76,000 (76,000)      
Share repurchase (248,000)       (248,000)  
Balance at end of year at Dec. 31, 2015 61,264,000 8,796,000 9,877,000 43,572,000 (515,000) (466,000)
Net income (loss) (1,629,000)     (1,629,000)    
Adjustment for foreign currency translation 427,000         427,000
Stock based compensation 1,247,000 0 1,247,000      
Shares issued   69,000 (69,000)      
Share repurchase (176,000)       (176,000)  
Balance at end of year at Dec. 31, 2016 61,133,000 8,865,000 11,055,000 41,943,000 (691,000) (39,000)
Deferred Tax Expense from Stock Options Exercised 200,000          
Net income (loss) 29,688,000          
Adjustment for foreign currency translation 861,000          
Stock based compensation 2,006,000 0 2,006,000      
Shares issued   56,000 (56,000)      
Share repurchase (20,000)       (20,000)  
Balance at end of year at Dec. 31, 2017 93,490,000 $ 8,921,000 $ 13,005,000 $ 71,453,000 $ (711,000) $ 822,000
Cumulative Effect of New Accounting Principle in Period of Adoption $ (178,000)