Other (Income)/Expense, net

3 Months Ended

Mar. 31, 2014

Other (Income)/Expense, net [Abstract]

Other (Income)/Expense, net

6. Other (Income)/Expense, net

The components of other (income)/expense, net, are:

	Three months ended March 31,
(in thousands)	2014		2013
Currency transactions	($505	)	$9
Bank fees and amortization of debt issuance costs	312		621
Other	(274	)	104
Total	($467	)	$734

In July 2013, the Company's manufacturing facility in Germany was damaged by severe weather. The Company expensed the remaining book value of the damaged property, but that value was minimal. We have filed an insurance claim, but the final amount that the Company will recover has not been determined.   We expect to record a gain for this involuntary conversion when the insurance claim is settled, but the amount of the gain cannot presently be determined.