XML 39 R26.htm IDEA: XBRL DOCUMENT v3.6.0.2
Operations and Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of property plant and equipment useful life
Property, plant and equipment are stated at cost and depreciated using the straight-line method over the following estimated useful lives:
 
 
Building and improvements
12 to 40 years
 
Leasehold improvements
Shorter of life of asset or life of lease
 
Machinery and equipment
2 to 15 years
Schedule of calculation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share at December 31, 2016, 2015 and 2014, respectively: 
 
2016
 
2015
 
2014
 
 
 
 
 
 
Net income
$
14,664

 
$
30,498

 
$
32,192

 
 
 
 
 
 
Basic-weighted average shares outstanding
27,804

 
27,653

 
27,401

 
 
 
 
 
 
Effect of dilutive potential securities
160

 
205

 
368

 
 
 
 
 
 
Diluted-weighted average shares outstanding
27,964

 
27,858

 
27,769

 
 
 
 
 
 
Net income (per share)
 
 
 
 
 
Basic
$
0.53

 
$
1.10

 
$
1.17

Diluted
0.52

 
1.09

 
1.16
Schedule of accumulated other comprehensive loss
Accumulated other comprehensive loss consists of the following:
 
Cash Flow
Hedging
Gain (Loss)
 
Pension
Liability
 
Cumulative
Translation
Adjustments
 
Accumulated
Other
Comprehensive
Loss
 
 
 
 
 
 
 
 
Balance, December 31, 2013
$
(1,385
)
 
$
(18,918
)
 
$
2,731

 
$
(17,572
)
 
 
 
 
 
 
 
 
Other comprehensive income (loss)
before reclassifications, net of tax
5,061

 
(10,551
)
 
(15,069
)
 
(20,559
)
Amounts reclassified from accumulated other comprehensive income (loss) before taxa
(635
)
 
(2,048
)
 
—

 
(2,683
)
Income tax provision (benefit)
235

 
757

 
—

 
992

 
 
 
 
 
 
 
 
Net current-period other comprehensive income (loss)
4,661

 
(11,842
)
 
(15,069
)
 
(22,250
)
 
 
 
 
 
 
 
 
Balance, December 31, 2014
$
3,276

 
$
(30,760
)
 
$
(12,338
)
 
$
(39,822
)
 
 
 
 
 
 
 
 
Other comprehensive income (loss)
before reclassifications, net of tax
4,482

 
2,739

 
(16,775
)
 
(9,554
)
Amounts reclassified from accumulated other comprehensive income (loss) before taxa
(10,399
)
 
3,233

 
—

 
(7,166
)
Income tax provision (benefit)
3,842

 
(1,194
)
 
—

 
2,648

 
 
 
 
 
 
 
 
Net current-period other comprehensive income (loss)
(2,075
)
 
4,778

 
(16,775
)
 
(14,072
)
 
 
 
 
 
 
 
 
Balance, December 31, 2015
$
1,201

 
$
(25,982
)
 
$
(29,113
)
 
$
(53,894
)
 
 
 
 
 
 
 
 
Other comprehensive income (loss)
before reclassifications, net of tax
1,088

 
(2,229
)
 
(4,501
)
 
(5,642
)
Amounts reclassified from accumulated other comprehensive income (loss) before taxa
(1,179
)
 
2,780

 
—

 
1,601

Income tax provision (benefit)
436

 
(1,027
)
 
—

 
(591
)
 
 
 
 
 
 
 
 
Net current-period other comprehensive income (loss)
345

 
(476
)
 
(4,501
)
 
(4,632
)
 
 
 
 
 
 
 
 
Balance, December 31, 2016
$
1,546

 
$
(26,458
)
 
$
(33,614
)
 
$
(58,526
)

 
(a) The cash flow hedging gain (loss) and pension liability accumulated other comprehensive income components are included in sales or cost of sales and as a component of net periodic pension cost, respectively. Refer to Note 14 and Note 10, respectively, for further details.