Other (Income)/Expense, net

3 Months Ended

Mar. 31, 2015

Other (Income)/Expense, net [Abstract]

Other (Income)/Expense, net

6. Other (Income)/Expenses, net

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

	Three months ended March 31,
(in thousands)	2015			2014
Currency transactions	$	(2,427	)	$	(505	)
Bank fees and amortization of debt issuance costs		311			312
Gain on sale of investment		(872	)		-
Other		(297	)		(274	)
Total	$	(3,285	)	$	(467	)

In March 2015, the Company sold its total equity investment in an unaffiliated company. The value of the investment was written off in 2004, resulting in a gain of $0.9 million in the first quarter of 2015.