Available For Sale Investments

12 Months Ended

Dec. 31, 2014

Available For Sale Investments [Abstract]

Available For Sale Investments

Note 2 — Available-for-Sale Investments

The Company realized $0.1 million in losses related to the maturity of its Italian state bonds for the year ended December 31, 2013 which were reclassified out of accumulated other comprehensive income and included in non-operating expenses.

The Company’s certificate of deposit for $0.1million included in short-term investments as of December 31, 2014 and 2013, secures the Company’s letter of credit required under its European value-added tax filing arrangements.