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Other (Income)/Expenses, net
 12 Months Ended
Dec. 31, 2014
Other (Income)/Expenses, net [Abstract]  
Other (Income)/Expenses, net

7.  Other (Income)/Expenses, net

The components of Other (Income)/expenses, net, are:

(in thousands)     2014   2013   2012
Currency transactions  
  $(6,379 )  
  $5,227    
  $5,708 
Bank fees and amortization of debt issuance costs       1,174         1,542         2,385 
Gain on insurance recovery   (1,126 )   -   -
Letter of credit fees       -         -         963 
Other         (522 )       487         (1,427)
 Total    
  $(6,853 )  
  $7,256    

$ 7,629 

In July 2013, the Company's manufacturing facility in Germany was damaged by severe weather.  At that time, the Company expensed the remaining book value of the damaged property, but the value was minimal. The gain recorded in 2014 represents the finalization of the insurance claim.