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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2016
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of changes in accumulated other comprehensive income (loss), by component

Changes in accumulated other comprehensive income (loss), by component, were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

    

Projected

    

 

 

    

 

 

    

 

 

 

 

 

 

Pension

 

 

 

 

 

 

 

 

 

 

 

 

 

Benefit

 

Translation

 

Short Term

 

 

 

 

 

 

 

Obligation

 

Adjustment

 

Investment

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2013

 

 

$

(1,949)

 

 

(253)

 

 

 —

 

 

(2,202)

 

Adjust funded status of pension plan, net of tax of $0.6 million

 

 

 

(723)

 

 

 —

 

 

 —

 

 

(723)

 

Foreign currency translation adjustment

 

 

 

 —

 

 

4

 

 

 —

 

 

4

 

Balance at December 31, 2014

 

 

 

(2,672)

 

 

(249)

 

 

 —

 

 

(2,921)

 

Adjust funded status of pension plan, net of tax of $0.7 million

 

 

 

(809)

 

 

 —

 

 

 —

 

 

(809)

 

Foreign currency translation adjustment

 

 

 

 —

 

 

26

 

 

 —

 

 

26

 

Balance at December 31, 2015

 

 

 

(3,481)

 

 

(223)

 

 

 —

 

 

(3,704)

 

Adjust funded status of pension plan, net of tax of $0.7 million

 

 

 

5,251

 

 

 —

 

 

 —

 

 

5,251

 

Foreign currency translation adjustment

 

 

 

 —

 

 

(687)

 

 

 —

 

 

(687)

 

Unrealized gain on marketable securities

 

 

 

 —

 

 

 —

 

 

868

 

 

868

 

Balance at December 31, 2016

 

 

$

1,770

 

$

(910)

 

$

868

 

$

1,728

 

 

 

Amounts totaling $1.3 million, $0.2 million, and $0.2 million were reclassified from other comprehensive income to general and administrative operating expense related to the Company’s defined pension plans for the years ending December 31, 2016, 2015, and 2014, respectively.

 

Schedule of percentage of revenues generated from a single customer that exceeds 10% of the Company's consolidated revenue

 

 

 

 

 

 

 

 

Customer

    

2016

    

2015

    

2014

 

Verizon

 

12

%  

19

%  

16

%  

AT&T

 

14

%  

17

%  

26

%  

 

Schedule of percentage of accounts receivable, from customers that exceed 10% of the Company's consolidated accounts receivable, net of allowances

 

 

 

 

 

 

Customer

    

2016

    

2015

 

AT&T

 

17

%  

17

%  

Verizon

 

12

%  

13

%  

 

Schedule of assets and liabilities of the Company measured at fair value on a recurring basis

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

 

    

 

 

    

Significant Other

    

 

 

 

 

 

Quoted Prices in

 

Observable

 

 

 

 

 

 

Active Markets

 

Inputs

 

 

 

 

Description

 

(Level 1)

 

(Level 2)

 

Total

 

Certificates of deposit

 

$

 —

 

$

391

 

$

391

 

Money market funds

 

$

29,027

 

$

 —

 

$

29,027

 

Short term investments

 

$

1,751

 

$

7,486

 

$

9,237

 

Commercial Paper

 

$

 —

 

$

29,981

 

$

29,981

 

Total assets measured at fair value

 

$

30,778

 

$

37,858

 

$

68,636

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

 

    

 

 

    

Significant Other

    

 

 

 

 

 

Quoted Prices in

 

Observable

 

 

 

 

 

 

Active Markets

 

Inputs

 

 

 

 

Description

 

(Level 1)

 

(Level 2)

 

Total

 

Certificates of deposit

 

$

 —

 

$

377

 

$

377

 

Money market funds

 

$

76,263

 

$

 —

 

$

76,263

 

Total assets measured at fair value

 

$

76,263

 

$

377

 

$

76,640

 

 

Schedule of reconciliation from basic to diluted weighted average common shares outstanding

The reconciliation from basic to diluted weighted average shares of Common Stock outstanding is as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 

 

 

 

2016

    

2015

    

2014

 

Basic weighted-average shares of common stock outstanding

 

16,131

 

16,022

 

15,898

 

Stock options

 

96

 

120

 

115

 

Diluted weighted-average shares of common stock outstanding

 

16,227

 

16,142

 

16,013

 

 

Schedule of anti-dilutive potential shares that were excluded from the computation of diluted weighted average shares outstanding

The following notes the number of potential share Common Stock not included in the above calculation because the effects of such were anti‑dilutive (in thousands of shares):

 

 

 

 

 

 

 

 

 

 

For the Year Ended

 

 

 

December 31,

 

 

    

2016

    

2015

    

2014

 

Stock options

 

5

 

2

 

 —

 

Total

 

5

 

2

 

 —