Other Income and Expenses

6 Months Ended

Jun. 30, 2011

Other Income and Expenses [Abstract]

Other Income and Other Expense Disclosure [Text Block]

Note 4-- Other Income (Expense)

During the first quarter of 2011, the Company reported that a local nominee director and former employee of the Company's Indonesian subsidiary misappropriated approximately $97,000 from the subsidiary's bank account.  At March 31, 2011, it was management's best estimate that recovery of the misappropriated funds from the individual or reimbursement under the Company's crime insurance policy was uncertain.  Therefore, the Company recognized a loss of $97,000, which was recorded within the Other Income (Expense) line in the Consolidated Statements of Income for the three month period ending March 31, 2011.

During the second quarter of 2011, the Company successfully removed the former employee as a local nominee director of the Indonesia subsidiary.  In addition, the Company negotiated a settlement with the former employee which resulted in the former employee returning to the Company approximately $60,000 of the original $97,000 misappropriation.  As a result, the Company recognized a recovery of approximately $60,000, which has been recorded as an increase to income within the Other Income (Expense) line in the Consolidated Statements of Income for the three month period ending June 30, 2011.  For the six month period ending June 30, 2011, the Company has recognized a net expense of $37,000 within the Other Income (Expense) line in the Consolidated Statements of Income.