Other Income, net

6 Months Ended

Jun. 30, 2016

Other Income and Expenses [Abstract]

Other Income, net

6. Other Income, net

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

	Three months ended  June 30,			Six months ended  June 30,
(in thousands)	2016		2015	2016		2015
Currency transaction (gains)/losses	($1,571	)	$1,878	($2,049	)	($549	)
Bank fees and amortization of debt issuance costs	394		234	546		545
Gain on sale of investment	-		-	-		(872	)
Other	(840	)	708	(842	)	411
Total	($2,017	)	$2,820	($2,345	)	($465	)

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