0001437749-18-009168.txt : 20180509 0001437749-18-009168.hdr.sgml : 20180509 20180509130507 ACCESSION NUMBER: 0001437749-18-009168 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 60 CONFORMED PERIOD OF REPORT: 20180331 FILED AS OF DATE: 20180509 DATE AS OF CHANGE: 20180509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALPHA PRO TECH LTD CENTRAL INDEX KEY: 0000884269 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 631030494 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-15725 FILM NUMBER: 18817575 BUSINESS ADDRESS: STREET 1: 60 CENTURIAN DR STREET 2: SUITE 112 CITY: MARKHAM ONTARIO CANA STATE: A6 ZIP: L3R9R2 BUSINESS PHONE: 9054790654 MAIL ADDRESS: STREET 1: 60 CENTURION DR STREET 2: STE 112 CITY: MARKHAM ON STATE: A6 ZIP: L3R9R2 FORMER COMPANY: FORMER CONFORMED NAME: BFD INDUSTRIES INC DATE OF NAME CHANGE: 19930328 10-Q 1 apt20180331_10q.htm FORM 10-Q apt20180331_10q.htm
 

UNITED STATES 

 

SECURITIES AND EXCHANGE COMMISSION

 

WASHINGTON, D.C. 20549

 

 

FORM 10-Q

 

 

Quarterly Report pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

For the Quarterly Period Ended March 31, 2018

 

Commission File No. 01-15725

 

Alpha Pro Tech, Ltd.

(exact name of registrant as specified in its charter)

 

Delaware, U.S.A.

63-1009183

(State or other jurisdiction of incorporation)

(I.R.S. Employer Identification No.)

 

60 Centurian Drive, Suite 112  
Markham, Ontario, Canada L3R 9R2
(Address of principal executive offices) (Zip Code)

     

Registrant’s telephone number, including area code: (905) 479-0654

 

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes   X   No ___

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes   X   No ___

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer___ Accelerated filer ___ Non-accelerated filer       Smaller reporting company  X  

 

Emerging growth company     

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. __

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ___ No _X_

 

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

 

  Class   Outstanding May 3, 2018  
  Common Stock, $0.01 par value   14,187,747 shares  

               

 

 

 

 

Alpha Pro Tech, Ltd.

 

Index

 

PART I.  

FINANCIAL INFORMATION

 

     

ITEM 1.  

Financial Statements

page

     

 

Condensed Consolidated Balance Sheets (Unaudited)

1

     

 

Condensed Consolidated Statements of Income (Unaudited)

2

     

 

Condensed Consolidated Statements of Comprehensive Income (Unaudited)

3

     

 

Condensed Consolidated Statement of Shareholders’ Equity (Unaudited)

4

     

 

Condensed Consolidated Statements of Cash Flows (Unaudited)

5

     

 

Notes to Condensed Consolidated Financial Statements (Unaudited)

6

     

ITEM 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

14

     

ITEM 3.

Quantitative and Qualitative Disclosures about Market Risk

20

     

ITEM 4.

Controls and Procedures

20

     

PART II.

OTHER INFORMATION

 

     
ITEM 1. Legal Proceedings 21
     

ITEM 2.

Unregistered Sales of Equity Securities and Use of Proceeds

22

     

ITEM 6.

Exhibits

23

     

SIGNATURES

24

     

EXHIBITS

 

 

 

 

 

Alpha Pro Tech, Ltd.

 

 

PART I. FINANCIAL INFORMATION

 

ITEM 1. FINANCIAL STATEMENTS

 

 

Condensed Consolidated Balance Sheets (Unaudited)


 

   

March 31,

   

December 31,

 
   

2018

     2017 (1)  

Assets

               

Current assets:

               

Cash

  $ 5,666,000     $ 8,763,000  

Investments

    375,000       343,000  

Accounts receivable, net of allowance for doubtful accounts of $83,000 as of March 31, 2018 and December 31, 2017

    6,463,000       4,597,000  

Accounts receivable, related party

    381,000       361,000  

Inventories

    10,635,000       10,249,000  

Prepaid expenses

    3,455,000       2,665,000  

Total current assets

    26,975,000       26,978,000  
                 

Property and equipment, net

    3,115,000       3,158,000  

Goodwill

    55,000       55,000  

Definite-lived intangible assets, net

    20,000       21,000  

Deferred income tax assets

    19,000       19,000  

Equity investments in unconsolidated affiliate

    4,032,000       3,893,000  

Total assets

  $ 34,216,000     $ 34,124,000  
                 

Liabilities and Shareholders' Equity

               

Current liabilities:

               

Accounts payable

  $ 1,042,000     $ 1,236,000  

Accrued liabilities

    1,764,000       1,565,000  

Total current liabilities

    2,806,000       2,801,000  
                 

Commitments

               

Shareholders' equity:

               

Common stock, $.01 par value: 50,000,000 shares authorized; 14,187,749 and 14,290,749 shares outstanding as of March 31, 2018 and December 31, 2017, respectively

    142,000       143,000  

Additional paid-in capital

    4,995,000       5,415,000  

Accumulated other comprehensive loss

    -       (458,000 )

Retained earnings

    26,273,000       26,223,000  

Total shareholders' equity

    31,410,000       31,323,000  

Total liabilities and shareholders' equity

  $ 34,216,000     $ 34,124,000  

 

(1) The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date.

 

See accompanying Notes to Condensed Consolidated Financial Statements (Unaudited).

 

1

 

 

Alpha Pro Tech, Ltd.

 

 

 

Condensed Consolidated Statements of Income (Unaudited)


 

   

For the Three Months Ended

 
   

March 31,

 
   

2018

   

2017

 
                 

Net sales

  $ 11,442,000     $ 10,751,000  
                 

Cost of goods sold, excluding depreciation and amortization

    6,987,000       6,457,000  
                 

Gross profit

    4,455,000       4,294,000  
                 

Operating expenses:

               

Selling, general and administrative

    3,881,000       3,474,000  

Depreciation and amortization

    146,000       154,000  
                 

Total operating expenses

    4,027,000       3,628,000  
                 

Income from operations

    428,000       666,000  
                 

Other income:

               

Equity in income of unconsolidated affiliate

    139,000       105,000  

Unrealized gain on marketable securities

    32,000       -  

Interest income, net

    1,000       1,000  
                 

Total other income

    172,000       106,000  
                 

Income before provision for income taxes

    600,000       772,000  

Provision for income taxes

    92,000       222,000  
                 

Net income

  $ 508,000     $ 550,000  
                 
                 

Basic earnings per common share

  $ 0.04     $ 0.04  
                 

Diluted earnings per common share

  $ 0.04     $ 0.04  
                 

Basic weighted average common shares outstanding

    14,217,919       15,207,659  
                 

Diluted weighted average common shares outstanding

    14,383,005       15,301,801  

 

See accompanying Notes to Condensed Consolidated Financial Statements (Unaudited).

 

2

 

 

Alpha Pro Tech, Ltd.

 

 

 

Condensed Consolidated Statements of Comprehensive Income (Unaudited)


 

   

For the Three Months Ended

 
   

March 31,

 
   

2018

   

2017

 
                 

Net income

  $ 508,000     $ 550,000  

Other comprehensive income (loss):

               

Change in unrealized gain (loss) on marketable securities, net of tax

    -       (77,000 )

Comprehensive income

  $ 508,000     $ 473,000  

 

See accompanying Notes to Condensed Consolidated Financial Statements (Unaudited).

 

3

 

 

Alpha Pro Tech, Ltd.

 

 

 

Condensed Consolidated Statement of Shareholders’ Equity (Unaudited)


 

For the Three Months Ended March 31, 2018

 

   

Common Stock

   

Additional

Paid-in

   

Accumulated

Other

Comprehensive

   

Retained

   

 

 
   

Shares

   

Amount

    Capital     Loss     Earnings     Total  

Balance as of December 31, 2017

    14,290,749     $ 143,000     $ 5,415,000     $ (458,000 )   $ 26,223,000     $ 31,323,000  

Common stock repurchased and retired

    (153,000 )     (1,000 )     (575,000 )     -       -       (576,000 )

Stock-based compensation expense

            -       78,000       -       -       78,000  

Options exercised

    50,000       -       77,000       -       -       77,000  

Net income

                            -       508,000       508,000  

Cumulative-effect adjustment of change in accounting for unrealized loss on marketable securities

    -       -       -       458,000       (458,000 )     -  

Balance as of March 31, 2018

    14,187,749     $ 142,000     $ 4,995,000     $ -     $ 26,273,000     $ 31,410,000  

 

See accompanying Notes to Condensed Consolidated Financial Statements (Unaudited).

 

4

 

 

Alpha Pro Tech, Ltd.

 

 

 

Condensed Consolidated Statements of Cash Flows (Unaudited)


 

   

For the Three Months Ended

March 31,

 
   

2018

   

2017

 

Cash Flows From Operating Activities:

               

Net income

  $ 508,000     $ 550,000  

Adjustments to reconcile net income to net cash provided by (used in) operating activities:

               

Share-based compensation

    78,000       81,000  

Depreciation and amortization

    146,000       154,000  

Unrealized gain on marketable securities

    (32,000 )     -  

Equity in income of unconsolidated affiliate

    (139,000 )     (105,000 )

Changes in assets and liabilities:

               

Accounts receivable, net

    (1,866,000 )     (866,000 )

Accounts receivable, related party

    (20,000 )     65,000  

Inventories

    (386,000 )     315,000  

Prepaid expenses

    (790,000 )     391,000  

Accounts payable and accrued liabilities

    5,000       (423,000 )
                 

Net cash provided by (used in) operating activities

    (2,496,000 )     162,000  
                 

Cash Flows From Investing Activities:

               

Purchase of property and equipment

    (102,000 )     (584,000 )
                 

Net cash used in investing activities

    (102,000 )     (584,000 )
                 

Cash Flows From Financing Activities:

               

Proceeds from exercise of stock options

    77,000       -  

Repurchase of common stock

    (576,000 )     (1,150,000 )
                 

Net cash used in financing activities

    (499,000 )     (1,150,000 )
                 

Decrease in cash

    (3,097,000 )     (1,572,000 )
                 

Cash, beginning of the period

    8,763,000       9,456,000  
                 

Cash, end of the period

  $ 5,666,000     $ 7,884,000  

 

See accompanying Notes to Condensed Consolidated Financial Statements (Unaudited).

 

5

 

 

Alpha Pro Tech, Ltd.

 

Notes to Condensed Consolidated Financial Statements (Unaudited)

 

 


 

 

1.

The Company

 

Alpha Pro Tech, Ltd. (“Alpha Pro Tech” or the “Company”) is in the business of protecting people, products and environments. The Company accomplishes this by developing, manufacturing and marketing a line of building supply products for the new home and re-roofing markets; a line of disposable protective apparel for the cleanroom, industrial and pharmaceutical markets; and a line of infection control products for the medical and dental markets.

 

The Building Supply segment consists of construction weatherization products, such as housewrap and synthetic roof underlayment, as well as other woven material.

 

The Disposable Protective Apparel segment consists of a complete line of shoecovers, bouffant caps, coveralls, gowns, frocks and lab coats.

 

The Infection Control segment consists of a line of face masks and eye shields.

 

The Company’s products are sold under the "Alpha Pro Tech" brand name and under private label, and are predominantly sold in the United States of America (“US”).

 

 

 

2.

Basis of Presentation and Revenue Recognition Policy

 

The interim financial information included herein is unaudited; however, the information reflects all adjustments (consisting of normal recurring adjustments) that are, in the opinion of management, necessary for the fair presentation of the consolidated financial position, results of operations and cash flows for the interim periods. These interim condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) and, therefore, omit certain information and note disclosures necessary to present the statements in accordance with US generally accepted accounting principles (“US GAAP”). The interim condensed consolidated financial statements should be read in conjunction with the Company’s current year SEC filings on Form 8-K, as well as the consolidated financial statements for the year ended December 31, 2017, which are included in the Company’s Annual Report on Form 10-K (the “2017 Form 10-K”), which was filed on March 12, 2018. The results of operations for the three months ended March 31, 2018 reported in this Form 10-Q are not necessarily indicative of the results to be expected for the full year. The condensed consolidated balance sheet as of December 31, 2017 was prepared using information from the audited consolidated balance sheet contained in the 2017 Form 10-K and does not include all disclosures required by US GAAP for annual consolidated financial statements.

 

The Company adopted Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606) effective January 1, 2018 on a full retrospective basis. Adoption of this standard did not result in significant changes to our accounting policies, business processes, systems or controls, or have a material impact on our financial position, results of operations and cash flows or related disclosures. As such, prior period financial statements were not recast. The Company recognizes revenue for the transfer of promised goods to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods. The Company typically satisfies its performance obligations in contracts with customers upon shipment of the goods. Generally, payment is due from customers within a fixed number of days of the invoice date and the contracts do not have significant financing components.

 

The Company has determined that control does not pass at the time of manufacture for private label goods, based on the nature of the private labeling.

 

See Notes 10 and 11 for revenue disaggregated by type and by geographic region.

 

 

 

3.

Stock-Based Compensation

 

The Company maintains a stock option plan under which the Company may grant incentive stock options and non-qualified stock options to employees and non-employee directors. Stock options have been granted with exercise prices at or above the fair market value of the underlying shares of common stock on the date of grant. Options vest and expire according to terms established at the grant date.

 

The Company records compensation expense for the fair value of stock-based awards determined as of the grant date, including employee stock options, over the determined requisite service period, which is generally ratably over the vesting term.

 

For the three months ended March 31, 2018 and 2017, 289,750, and 0, respectively, of stock options were granted under the Company’s option plan. The Company recognized $78,000 and $81,000 in stock-based compensation expense for the three months ended March 31, 2018 and 2017, respectively.

 

The Company uses the Black-Scholes option-pricing model to value the options. The Company uses historical data to estimate the life of the options. The risk-free interest rate for periods within the contractual life of the award is based on the US Treasury yield curve in effect at the time of grant. The estimated volatility is based on historical volatility and management’s expectations of future volatility. The Company uses an estimated dividend payout of zero, as the Company has not paid dividends in the past and, at this time, does not expect to do so in the future.

 

6

 

 

Alpha Pro Tech, Ltd.

 

Notes to Condensed Consolidated Financial Statements (Unaudited)

 

 


 

The following table summarizes stock option activity for the three months ended March 31, 2018:

 

           

Weighted

 
           

Average

 
           

Exercise Price

 
   

Options

   

Per Option

 
                 

Options outstanding, December 31, 2017

    884,998     $ 2.26  

Granted to employees and non-employee directors

    289,750       3.20  

Exercised

    (50,000 )     1.53  

Canceled/expired/forfeited

    -       0.00  

Options outstanding, March 31, 2018

    1,124,748       2.53  

Options exercisable, March 31, 2018

    313,334       2.02  

 

As of March 31, 2018, $560,000 of total unrecognized compensation cost related to stock options was expected to be recognized over a weighted average period of 2.55 years.

 

 

 

4.

Investments

 

As of March 31, 2018 and December 31, 2017, investments totaled $375,000 and $343,000 respectively, which consisted of equity securities.

 

The following provides information regarding the Company’s marketable securities as of March 31, 2018 and December 31, 2017:

 

   

March 31,

   

December 31,

 
   

2018

   

2017

 

Cost basis

  $ 543,000     $ 543,000  

Gains previously recognized on warrants

    380,000       380,000  

Loss included in accumulated other comprehensive loss or reclassifed to retained earnings on Jaunuary 1, 2018

    (580,000 )     (580,000 )

Unrealized gain recognized in earings since January 1, 2018

    32,000       -  

Fair value

  $ 375,000     $ 343,000  

 

 

No marketable securities were sold during the three months ended March 31, 2018 and the year ended December 31, 2017. The unrealized gain of $32,000 since January 1, 2018 is recognized in the statement of income for the three months ended March 31, 2018. The unrealized loss of $77,000 in the statement of comprehensive income is presented net of tax for the three months ended March 31, 2018. The tax benefit on the unrealized loss was $30,000 for the three months ended March 31, 2017.

 

7

 

 

Alpha Pro Tech, Ltd.

 

Notes to Condensed Consolidated Financial Statements (Unaudited)

 

 


 

 

5.

Recent Accounting Pronouncements

 

Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”) is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration that it expects to receive in exchange for those goods or services. In adopting ASU 2014-09, companies may use either a full retrospective or a modified retrospective approach. ASU 2014-09 is effective for the first interim period within an annual reporting period beginning after December 15, 2017, and early adoption is not permitted. The Company adopted ASU 2014-09 during the first quarter of 2018. Management evaluated the provisions of this update and has determined that its adoption did not have a significant impact on the Company’s financial position or results of operations.

 

In January 2016, the FASB issued ASU 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities, which provides guidance for the recognition, measurement, presentation and disclosure of financial instruments. The new guidance revises the accounting requirements related to the classification and measurement of investments in equity securities and the presentation of certain fair value changes for financial liabilities measured at fair value.  The guidance also changes certain disclosure requirements associated with the fair value of financial instruments. These changes will require an entity to measure, at fair value, investments in equity securities and other ownership interests in an entity and recognize the changes in fair value within net income. The guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2017. As a result of adopting this guidance effective January 1, 2018, the Company recorded a cumulative-effect adjustment to reclassify the $458,000 accumulated other comprehensive loss balance to retained earnings, which balance was the result of unrealized losses on marketable securities. Effective, January 1, 2018 unrealized gains and losses on marketable securities are recorded on the statement of income.

 

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), which requires lessees to recognize most leases on the balance sheet. The provisions of this guidance are effective for annual periods beginning after December 15, 2018 and interim periods within those years, with early adoption permitted. Management is evaluating the requirements of this guidance and has not yet determined the impact of the adoption on the Company’s financial position or results of operations.

 

In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, which simplifies several aspects of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, as well as certain classifications on the statement of cash flows. The provisions of this guidance were effective for annual reporting periods beginning after December 15, 2016 and interim periods within those annual periods, with early adoption permitted. The Company adopted this guidance during the quarter ended March 31, 2017, and the Company recorded a one-time $866,000 cumulative-effect adjustment to reduce additional paid-in capital and increase retained earnings for excess tax benefits from stock option exercises that had previously been recorded to additional paid-in capital. The adoption of this guidance also increased the number of dilutive shares because excess tax benefits are no longer included in the assumed proceeds when calculating the number of dilutive shares. In addition, the effective tax rate will be reduced in future periods when there are excess tax benefits from stock options exercised.

 

Management periodically reviews new accounting standards that are issued. Management has not identified any other new standards that it believes merit further discussion at this time.

 

8

 

 

Alpha Pro Tech, Ltd.

 

Notes to Condensed Consolidated Financial Statements (Unaudited)

 

 


 

 

6.

Inventories

 

As of March 31, 2018 and December 31, 2017, inventories consisted of the following:

 

   

March 31,

   

December 31,

 
   

2018

   

2017

 
                 

Raw materials

  $ 4,620,000     $ 4,567,000  

Work in process

    1,239,000       1,058,000  

Finished goods

    4,776,000       4,624,000  
    $ 10,635,000     $ 10,249,000  

 

 

 

7. Equity Investment in Unconsolidated Affiliate

 

In 2005, Alpha ProTech Engineered Products, Inc. (a subsidiary of Alpha Pro Tech, Ltd.) entered into a joint venture with a manufacturer in India for the production of building products. Under the terms of the joint venture agreement, a private company, Harmony Plastics Private Limited (“Harmony”), was created with ownership interests of 41.66% by Alpha ProTech Engineered Products, Inc. and 58.34% by Maple Industries and Associates.

 

This joint venture positions Alpha ProTech Engineered Products, Inc. to respond to current and expected increased product demand for housewrap and synthetic roof underlayment and provides future capacity for sales of specialty roofing component products and custom products for industrial applications requiring high quality extrusion coated fabrics. In addition, the joint venture now supplies products for the Disposable Protective Apparel segment.

 

The capital from the initial funding and a bank loan, which loan is guaranteed exclusively by the individual shareholders of Maple Industries and associates and collateralized by the assets of Harmony, were utilized to purchase the original manufacturing facility in India. Harmony currently has four facilities in India (three owned and one rented), consisting of: (1) a 113,000 square foot building for manufacturing building products; (2) a 73,000 square foot building for manufacturing coated material and sewing proprietary disposable protective apparel; (3) a 16,000 square foot facility for sewing proprietary disposable protective apparel; (4) a 93,000 square foot rental for manufacturing of Building Supply segment products. All additions have been financed by Harmony with no guarantees from the Company.

 

In accordance with Accounting Standards Codification (“ASC”) 810, Consolidation, the Company assesses whether or not related entities are variable interest entities (“VIEs”). For those related entities that qualify as VIEs, ASC 810 requires the Company to determine whether or not the Company is the primary beneficiary of the VIE, and, if so, to consolidate the VIE. The Company has determined that Harmony is not a VIE and is, therefore, considered to be an unconsolidated affiliate.

 

The Company records its investment in Harmony as “equity investment in unconsolidated affiliate” in the accompanying condensed consolidated balance sheets. The Company records its equity interest in Harmony’s results of operations as “equity in income of unconsolidated affiliate” in the accompanying condensed consolidated statements of income. The Company periodically reviews its investment in Harmony for impairment. Management has determined that no impairment was required as of March 31, 2018 and December 31, 2017.

 

For the three months ended March 31, 2018 and 2017, Alpha Pro Tech purchased $3,974,000 and $3,627,000 of inventories, respectively, from Harmony.

 

9

 

 

Alpha Pro Tech, Ltd.

 

Notes to Condensed Consolidated Financial Statements (Unaudited)

 

 


 

For the three months ended March 31, 2018 and 2017, the Company recorded equity in income of unconsolidated affiliate of $139,000 and $105,000, respectively, related to Harmony.

 

As of March 31, 2018, the Company’s investment in Harmony was $4,032,000, which consisted of its original $1,450,000 investment and cumulative equity in income of unconsolidated affiliate of $3,601,000, less $942,000 in repayments of the advance and $77,000 in dividends.

 

 

 

8. Accrued Liabilities

 

As of March 31, 2018 and December 31, 2017, accrued liabilities consisted of the following:

 

   

March 31,

   

December 31,

 
   

2018

   

2017

 
                 

Payroll expenses and tax payable

  $ 120,000     $ 232,000  

Commission and bonuses payable and general accrued liabilities

    1,644,000       1,333,000  
    $ 1,764,000     $ 1,565,000  

 

 

 

9. Basic and Diluted Earnings Per Common Share

 

The following table provides a reconciliation of both net income and the number of shares used in the computation of “basic” earnings per common share (“EPS”), which utilizes the weighted average number of common shares outstanding without regard to dilutive shares, and “diluted” EPS, which includes all such dilutive shares, for the three months ended March 31, 2018 and 2017.

 

   

For the Three Months Ended

 
   

March 31,

 
   

2018

   

2017

 

Net income (numerator)

  $ 508,000     $ 550,000  
                 

Shares (denominator):

               

Basic weighted average common shares outstanding

    14,217,919       15,207,659  

Add: dilutive effect of common stock options

    165,086       94,142  
                 

Diluted weighted average common shares outstanding

    14,383,005       15,301,801  
                 

Earnings per common share:

               

Basic

  $ 0.04     $ 0.04  

Diluted

  $ 0.04     $ 0.04  

 

 

10. Activity of Business Segments

 

 

The Company operates through three business segments:

 

Building Supply: consisting of a line of construction supply weatherization products. The construction supply weatherization products consist of housewrap and synthetic roof underlayment, as well as other woven material. The majority of the Company’s equity in income of unconsolidated affiliate (Harmony) is included in the total segment income for the Building Supply segment.

 

10

 

 

Alpha Pro Tech, Ltd.

 

Notes to Condensed Consolidated Financial Statements (Unaudited)

 

 


 

Disposable Protective Apparel: consisting of a complete line of disposable protective clothing, such as shoecovers (including the Aqua Trak® and spunbond shoecovers), bouffant caps, coveralls, frocks, lab coats, gowns and hoods for the pharmaceutical, cleanroom, industrial and medical markets. A portion of the Company’s equity in income of unconsolidated affiliate (Harmony) is included in the total segment income for the Disposable Protective Apparel segment.

 

Infection Control: consisting of a line of face masks and eye shields.

 

Segment data excludes charges allocated to the principal executive office and other unallocated expenses and income tax. The Company evaluates the performance of its segments and allocates resources to them based primarily on net sales.

 

The following table presents consolidated net sales for each segment for the three months ended March 31, 2018 and 2017:

 

   

For the Three Months Ended

 
   

March 31,

 
   

2018

   

2017

 

Building Supply

  $ 6,669,000     $ 5,939,000  

Disposable Protective Apparel

    3,232,000       3,295,000  

Infection Control

    1,541,000       1,517,000  

Consolidated net sales

  $ 11,442,000     $ 10,751,000  

 

 

The following table presents the reconciliation of consolidated segment income to consolidated net income for the three months ended March 31, 2018 and 2017:

 

   

For the Three Months Ended

 
   

March 31,

 
   

2018

   

2017

 

Building Supply

  $ 994,000     $ 962,000  

Disposable Protective Apparel

    290,000       458,000  

Infection Control

    733,000       596,000  

Total segment income

    2,017,000       2,016,000  
                 

Unallocated corporate overhead expenses

    1,417,000       1,244,000  

Provision for income taxes

    92,000       222,000  

Consolidated net income

  $ 508,000     $ 550,000  

 

11

 

 

Alpha Pro Tech, Ltd.

 

Notes to Condensed Consolidated Financial Statements (Unaudited)

 

 


 

The following table presents the consolidated net property and equipment, goodwill and definite-lived intangible assets (“consolidated assets”) by segment as of March 31, 2018 and December 31, 2017:

 

   

March 31,

   

December 31,

 
   

2018

   

2017

 
                 

Building Supply

  $ 2,050,000     $ 2,098,000  

Disposable Protective Apparel

    325,000       336,000  

Infection Control

    12,000       13,000  

Total segment assets

    2,387,000       2,447,000  
                 

Unallocated corporate assets

    803,000       787,000  

Total consolidated assets

  $ 3,190,000     $ 3,234,000  

 

 

 

11. Financial Information about Geographic Areas

 

 

The following table summarizes the Company’s net sales by geographic region for the Company’s the three months ended March 31, 2018 and 2017. All amounts have been rounded to the nearest thousand.

 

   

For the Three Months Ended

 
   

March 31,

 
   

2018

   

2017

 

Net sales by geographic region

               

United States

  $ 11,198,000     $ 10,599,000  

International

    244,000       152,000  
                 

Consolidated net sales

  $ 11,442,000     $ 10,751,000  

 

Net sales by geographic region are based on the countries in which our customers are located. For the three months ended March 31, 2018 and the year ended December 31, 2017, the Company did not generate sales from any single country, other than the United States, that were significant to the Company’s consolidated net sales.

 

 

The following table summarizes the locations of the Company’s long-lived assets by geographic region as of March 31, 2018 and December 31, 2017.

 

   

March 31,

   

December 31,

 
   

2018

   

2017

 

Long-lived assets by geographic region

               

United States

  $ 2,644,000     $ 2,593,000  

International

    471,000       565,000  
                 

Consolidated total long-lived assets

  $ 3,115,000     $ 3,158,000  

 

12

 

 

Alpha Pro Tech, Ltd.

 

Notes to Condensed Consolidated Financial Statements (Unaudited)

 

 


 

 

12. Related Party Transactions

 

The Company previously used a law firm for certain legal matters whose majority member was a member of the Company’s Board of Directors until his resignation on March 31, 2017. For the three months ended March 31, 2018 and 2017, the Company expensed $0 and $40,000, respectively, for legal services from this related party. As of March 31, 2018 and 2017, the Company’s outstanding balance to this related party was $0 and $203,000, respectively.

 

 

 

13. Commitments and Contingencies

 

The Company has been involved in protracted litigation against a competitor in an action styled Alpha Pro Tech, Inc. v. VWR International, LLC, pending in the U.S. District Court for the Eastern District of Pennsylvania, CV 12-1615, wherein the Company originally sought damages for unfair trade practices and false advertising against the competitor, and the competitor counterclaimed asserting similar claims against the Company.  In August of 2017, the court ruled against the Company on its claims against the competitor. The competitor, as the prevailing party with respect to those claims, subsequently filed a motion seeking to recover from the Company an amount in excess of $2 million in attorneys’ fees and costs, which motion was granted by the court. In November of 2017, the Company, in consultation with new litigation counsel, filed a motion to reconsider the attorneys’ fee award. The court heard arguments on the motion to reconsider at a hearing in February of 2018. At the hearing, the court encouraged the parties to attempt to settle the matter in advance of a ruling on the motion to reconsider (which motion was ultimately denied), and the parties subsequently mediated the matter in April of 2018. As a result of the mediation and the parties’ further discussions, the parties have reached an agreement in principle for the terms of a settlement of the attorneys’ fee claim and are currently working together to document the settlement terms. The Company has accrued in its financial statements the amount agreed upon for the settlement. The Company is in the process of evaluating avenues for recovery of the settlement amount from former litigation counsel; however, there can be no assurance as to the ultimate amount of any such recovery.

 

 

 

14. Subsequent Events

 

The Company has reviewed and evaluated whether subsequent events have occurred from the condensed consolidated balance sheet date of March 31, 2018 through the filing date of this Quarterly Report on Form 10-Q that would require accounting or disclosure and has concluded that there was a subsequent event.

 

Effective April 22, 2018, the Generalized System of Preferences (GSP) has renewed duty free treatment to goods of beneficiary countries, and is retroactive to January 1, 2018, which means to us that certain goods that were duty free in 2017 are now duty free in 2018 through December 31, 2020. 

 

13

 

 

Alpha Pro Tech, Ltd.

 

 


 

 

ITEM 2.      MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 

You should read the following discussion and analysis together with our unaudited condensed consolidated financial statements and the notes to our unaudited condensed consolidated financial statements, which appear elsewhere in this report.

 

Special Note Regarding Forward-Looking Statements

 

Certain information set forth in this Quarterly Report on Form 10-Q contains “forward-looking statements” within the meaning of federal securities laws. Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to potential acquisitions and other information that is not historical information. When used in this report, the words “estimates,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes” and variations of such words or similar expressions are intended to identify forward-looking statements. We may make additional forward-looking statements from time to time. All forward-looking statements, whether written or oral and whether made by us or on our behalf, are expressly qualified by this special note.

 

Any expectations based on these forward-looking statements are subject to risks and uncertainties. These and many other factors could affect the Company’s future operating results and financial condition and could cause actual results to differ materially from expectations based on forward-looking statements made in this document or elsewhere by the Company or on its behalf.

 

Special Note Regarding Smaller Reporting Company Status

 

We are filing this report as a “smaller reporting company” (as defined in Rule 12b-2 of the Securities Exchange Act of 1934, as amended). As a result of being a smaller reporting company, we are allowed and have elected to omit certain information from this Management’s Discussion and Analysis of Financial Condition and Results of Operations; however, we have provided all information for the periods presented that we believe to be appropriate.

 

Where to find more information about us. We make available, free of charge, on our website (http://www.alphaprotech.com) our most recent Annual Report on Form 10-K, our most recent Quarterly Report on Form 10-Q, any current reports on Form 8-K furnished or filed since our most recent Annual Report on Form 10-K, and any amendments to such reports, as soon as reasonably practicable following the electronic filing of such reports with the Securities and Exchange Commission (“SEC”). In addition, in accordance with SEC rules, we provide electronic or paper copies of our filings free of charge upon request.

 

Critical Accounting Policies

 

The preparation of our financial statements in conformity with US generally accepted accounting principles (“US GAAP”) requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of net sales and expenses during the reported periods. We base estimates on past experience and on various other assumptions that are believed to be reasonable under the circumstances. The application of these accounting policies on a consistent basis enables us to provide timely and reliable financial information. Our critical accounting policies include the following:

 

Marketable Securities: The Company periodically invests a portion of its cash in excess of short-term operating needs in marketable equity securities. These investments are classified as available-for-sale in accordance with US GAAP. The Company does not have any investments classified as held-to-maturity or trading securities. Available-for-sale investments are carried at their fair value using quoted prices in active markets for identical securities, and effective January 1, 2018 unrealized gains and losses are reported as a component of net income in the statements of income. Prior to January 1, 2018, unrealized gains and losses were reported as other comprehensive income as a component of equity. The cost of securities sold is based on the specific identification method. Investments that the Company intends to hold for more than one year are classified as long-term investments in the accompanying condensed consolidated balance sheets.

 

14

 

 

Alpha Pro Tech, Ltd.

 

 


 

Inventories: Inventories include freight-in, materials, labor and overhead costs and are stated at the lower of cost or net realizable value. Allowances are recorded for slow-moving, obsolete or unusable inventory. We assess our inventory for estimated obsolescence or unmarketable inventory and write down the difference between the cost of inventory and the estimated net realizable value based upon assumptions about future sales and quantities on hand, if necessary. If actual market conditions are less favorable than those projected by management, additional inventory write-downs may be required.

 

Accounts Receivable: Accounts receivable are recorded at the invoice amount and do not bear interest. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in the Company’s existing accounts receivable; however, changes in circumstances relating to accounts receivable may result in a requirement for additional allowances in the future. The Company determines the allowance based upon historical write-off experience and known conditions about customers’ current ability to pay. Account balances are charged against the allowance when management determines that the potential for recovery is remote.

 

Revenue Recognition:  The Company recognizes revenue for the transfer of promised goods to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods. The Company typically satisfies its performance obligations in contracts with customers upon shipment of the goods. Generally, payment is due from customers within a fixed number of days of the invoice date and the contracts do not have significant financing components.

 

The Company has determined that control does not pass at the time of manufacture for private label goods, based on the nature of the private labeling.

 

See Notes 10 and 11 for revenue disaggregated by type and by geographic region.

 

Sales Returns, Rebates and Allowances: Sales are reduced for any anticipated sales returns, rebates and allowances based on historical experience. Since our return policy is only 90 days and our products are not generally susceptible to external factors such as technological obsolescence or significant changes in demand, we are able to make a reasonable estimate for returns. We offer end-user, product-specific and sales volume rebates to select distributors. Our rebates are based on actual sales and are accrued monthly.

 

Stock-Based Compensation: We record compensation expense for the fair value of stock-based awards determined on the date of grant, including employee stock options, over the determined requisite service period, which is generally ratably over the vesting term.

 

The fair values of stock option grants are determined using the Black-Scholes option-pricing model and are based on the following assumptions: expected stock price volatility based on historical data and management’s expectations of future volatility, risk-free interest rates from published sources, expected life based on historical data and no dividend yield, as the Board of Directors has no current plans to pay dividends in the near future. The Black-Scholes option-pricing model was developed for use in estimating the fair value of traded options that have no vesting restrictions and that are fully transferable. The option-pricing model requires the input of highly subjective assumptions, including expected stock price volatility. Our stock options have characteristics significantly different from those of traded options, and changes in the subjective input assumptions can materially affect the fair value of such options.

 

OVERVIEW

 

Alpha Pro Tech is in the business of protecting people, products and environments. We accomplish this by developing, manufacturing and marketing a line of high-value, disposable protective apparel and infection control products for the cleanroom, industrial, pharmaceutical, medical and dental markets. We also manufacture a line of building supply construction weatherization products. Our products are sold under the "Alpha Pro Tech" brand name, as well as under private label.

 

Our products are grouped into three business segments: the Building Supply segment, consisting of construction weatherization products such as housewrap and synthetic roof underlayment as well as other woven material; the Disposable Protective Apparel segment, consisting of disposable protective apparel such as shoecovers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products; and the Infection Control segment, consisting of face masks and eye shields. All financial information presented herein reflects the current segmentation.

 

15

 

 

Alpha Pro Tech, Ltd.

 

 


 

Our target markets include pharmaceutical manufacturing, bio-pharmaceutical manufacturing, medical device manufacturing, lab animal research, high technology electronics manufacturing (which includes the semi-conductor market), medical and dental distributors, and construction, building supply and roofing distributors.

 

Our products are used primarily in cleanrooms, industrial safety manufacturing environments, health care facilities, such as hospitals, laboratories and dental offices, and building and re-roofing sites. Our products are distributed principally in the United States through a network consisting of purchasing groups, national distributors, local distributors, independent sales representatives and our own sales and marketing force.

 

RESULTS OF OPERATIONS

 

The following table sets forth certain operational data as a percentage of net sales for the periods indicated:

 

   

For the Three Months

Ended March 31,

 
   

2018

   

2017

 

Net sales

    100.0 %     100.0 %

Gross profit

    38.9 %     39.9 %

Selling, general and administrative expenses

    33.9 %     32.3 %

Income from operations

    3.7 %     6.2 %

Income before provision for income taxes

    5.2 %     7.2 %

Net income

    4.4 %     5.1 %

 

 

Three months ended March 31, 2018 compared to three months ended March 31, 2017

 

Sales. Consolidated sales for the three months ended March 31, 2018 increased to $11,442,000, from $10,751,000 for the three months ended March 31, 2017, representing an increase of $691,000, or 6.4%. This increase consisted of increased sales in the Building Supply segment of $730,000 and increased sales in the Infection Control segment of $24,000, partially offset by decreased sales in the Disposable Protective Apparel segment of $63,000.

 

Building Supply segment sales for the three months ended March 31, 2018 increased by $730,000, or 12.3%, to $6,669,000, compared to $5,939,000 for the same period of 2017. This segment increase was primarily due to a   19.0% increase in sales of housewrap and a 114% increase in sales of other woven material, partially offset by a 1.4% decrease in sales of synthetic roof underlayment (including REX™, TECHNOply™ and our new TECHNO SB®). The sales mix of the Building Supply segment for the three months ended March 31, 2018 was 47% for synthetic roof underlayment, 44% for housewrap and 9% for other woven material. This compared to 54% for synthetic roof underlayment, 41% for housewrap and 5% for other woven material for the three months ended March 31, 2017.

 

Our housewrap sales continue to show growth, with increased revenue in the first quarter of 2018 compared to the same period of 2017. Sales of the REX™ family of housewrap grew by 19% as compared to the first quarter of 2017. Management is encouraged by housewrap sales, as we have achieved sales growth in each of the last nine quarters on a comparative basis. Although our synthetic roof underlayment sales decreased for the quarter, the number of rolls sold increased, as sales were affected by a change in the product mix from the premium REX™ synthetic underlayment to the lower priced TECHNO family (TECHNOply™ and TECHNO SB) of products. The number of TECHNO family rolls sold was up for the quarter, while sales of the premium REX™ family rolls were basically flat. In light of challenging weather conditions during the first quarter of 2018, we are encouraged that the number of rolls shipped of the underlayment family of products increased compared to the same quarter last year.

 

16

 

 

Alpha Pro Tech, Ltd.

 

 


 

Sales for the Disposable Protective Apparel segment for the three months ended March 31, 2018 decreased by $63,000, or 1.9%, to $3,232,000, compared to $3,295,000 for the same period of 2017. The decrease was primarily due to decreased sales to our major international supply chain partner and national distributors, partially offset by an increase in sales to our regional distributors. Sales were also impacted by a change in the mix of products sold.

 

Infection Control segment sales for the three months ended March 31, 2018 increased by $24,000, or 1.6%, to $1,541,000, compared to $1,517,000 for the same period of 2017. Mask sales were up by 1.4%, or $16,000, to $1,095,000, and shield sales were up by 1.8%, or $8,000, to $446,000.

 

Gross Profit. Gross profit increased by $161,000, or 3.7%, to $4,455,000 for the three months ended March 31, 2018, from $4,294,000 for the same period of 2017. The gross profit margin was 38.9% for the three months ended March 31, 2018, compared to 39.9% for the same period of 2017. Gross margin in the Building Supply segment was affected by a change in the product mix from the premium REX™ synthetic underlayment to the lower priced TECHNO family of products and gross margin in the Disposable Protective Apparel segment was affected by increased rebates. Management expects gross profit margin to be reduced in 2018 but still to be in the high thirty percent range.

 

Selling, General and Administrative Expenses. Selling, general and administrative expenses increased by $407,000, or 11.7%, to $3,881,000 for the three months ended March 31, 2018 from $3,474,000 for the three months ended March 31, 2017. As a percentage of net sales, selling, general and administrative expenses increased to 33.9% for the three months ended March 31, 2018, from 32.3% for the same period of 2017. The increase in selling, general and administrative expenses was primarily the result of the accrual of expenses associated with the mediated settlement of the litigation matter described in Note 13 of the notes to our unaudited condensed consolidated financial statements, which appear elsewhere in this report, and in Part II, Item 1 – Legal Proceedings.

 

The Company has accrued the full amount of the mediated settlement. The Company is in the process of evaluating, with new litigation counsel, avenues for recovery of the mediated settlement and recover of attorneys’ fees and cost from former litigation counsel. Any amount that might be recovered in connection with any such claims cannot be reasonably estimated at this time.

 

Excluding the accrual for the litigation settlement expense discussed above, selling, general and administrative expenses would have been relatively flat as compared to the same period last year.

 

The change in expenses by segment was as follows: Building Supply was up $117,000, or 9.8%; Disposable Protective Apparel was up $97,000, or 10.9%; Infection Control was down $1,000, or 0.5%; and corporate unallocated expenses were up $194,000, or 15.6%. The increases in the Building Supply and Disposable Protective Apparel segments were primarily as a result of our expanded sales team and enhancement of our marketing programs to support future growth.

 

In accordance with the terms of his employment agreement the Company’s President and Chief Executive Officer is entitled to a bonus equal to 5% of the pre-tax profits of the Company, excluding bonus expense. A bonus of $32,000 was accrued for the three months ended March 31, 2018, as compared to $41,000 for the same period of 2017.

 

Depreciation and Amortization. Depreciation and amortization expense decreased by $8,000, or 5.2%, to $146,000 for the three months ended March 31, 2018, from $154,000 for the three months ended March 31, 2017.

 

Income from Operations. Income from operations decreased by $238,000, or 35.7%, to $428,000 for the three months ended March 31, 2018, compared to $666,000 for the three months ended March 31, 2017. The decreased income from operations was primarily due to an increase in selling, general and administrative expenses of $407,000, partially offset by an increase in gross profit of $161,000 and a decrease in depreciation and amortization expense of $8,000. Due to the litigation settlement discussed previously, legal expense was significantly higher during the three months ended March 31, 2018 and excluding the legal expense, income from operations would have increased significantly for the three months ended March 31, 2018 compared to the same period of 2017.

 

17

 

 

Alpha Pro Tech, Ltd.

 

 


 

Other Income. Other income increased by $66,000, or 62.3%, to $172,000 for the three months ended March 31, 2018, from $106,000 for the same period of 2017. Other income consisted primarily of equity in income of unconsolidated affiliate of $139,000, unrealized gain on marketable securities of $32,000 and interest income of $1,000 for the three months ended March 31, 2018. Other income consisted primarily of equity in income of unconsolidated affiliate of $105,000 and interest income of $1,000 for the three months ended March 31, 2017.

 

Income before Provision for Income Taxes. Income before provision for income taxes for the three months ended March 31, 2018 was $600,000, compared to income before provision for income taxes of $772,000 for the three months ended March 31, 2017, representing a decrease of $172,000, or 22.3%. This decrease in income before provision for income taxes was primarily due to a decrease in income from operations of $238,000, partially offset by an increase in other income of $66,000. Due to the litigation settlement discussed above, legal expense was significantly higher during the three months ended March 31, 2018, and excluding the legal expense, income before provision for income tax would have increased significantly for the three months ended March 31, 2018 compared to the same period of 2017.

 

Provision for Income Taxes. The provision for income taxes for the three months ended March 31, 2018 was $92,000, compared to $222,000 for the same period of 2017. The effective tax rate was 15.3% for the three months ended March 31, 2018, compared to 28.8% for the same period of 2017. The lower effective rate for the three months ended March 31, 2018 compared to the same period of 2017 is due to U.S. tax reform (U.S. Tax Cuts and Jobs Act) that was enacted in December 2017.

 

The Company does not record a tax provision on equity in income of unconsolidated affiliate. For the three months ended March 31, 2018, the effective tax rate would have been 20.0% if the equity in income of unconsolidated affiliate were taxable. For the three months ended March 31, 2017, the estimated effective tax rate would have been 33.3% if the equity in income of unconsolidated affiliate were taxable.

 

Net Income. Net income for the three months ended March 31, 2018 was $508,000, compared to net income of $550,000 for the same period of 2017, representing a decrease of $42,000, or 7.6%. The net income decrease was due to a decrease in income before provision for income taxes of $172,000, partially offset by a decrease in provision for income taxes of $130,000. Net income as a percentage of net sales for the three months ended March 31, 2018 was 4.4%, and net income as a percentage of net sales for the same period of 2017 was 5.1%. Basic and diluted earnings per common share for the three months ended March 31, 2018 and 2017 were $0.04. Net income for the three months ended March 31, 2018, excluding the litigation settlement expense would have been significantly higher than the three months ended March 31, 2017.

 

 

LIQUIDITY AND CAPITAL RESOURCES

 

As of March 31, 2018, we had cash of $5,666,000 and working capital of $24,169,000, representing a decrease in working capital of $8,000, from December 31, 2017. As of March 31, 2018, our current ratio (current assets/current liabilities) was 10:1, compared to the same 10:1 current ratio as of December 31, 2017. Cash decreased by 35.3%, or $3,097,000, to $5,666,000 as of March 31, 2018, compared to $8,763,000 as of December 31, 2017. The decrease in cash was due to cash used in operating activities of $2,496,000, cash used in financing activities of $499,000 and cash used in investing activities of $102,000.

 

We have a $3,500,000 credit facility with Wells Fargo Bank, consisting of a line of credit with interest at prime plus 0.5%. As of March 31, 2018, the prime interest rate was 4.75%. This credit line will expire in March 2019. The available line of credit is based on a formula of eligible accounts receivable and inventories. Our borrowing capacity on the line of credit was $3,500,000 as of March 31, 2018. As of March 31, 2018, we did not have any borrowings under this credit facility and do not anticipate using it in the near future.

 

Net cash used in operating activities of $2,496,000 for the three months ended March 31, 2018 was due to net income of $508,000, impacted primarily by the following: stock-based compensation expense of $78,000, depreciation and amortization expense of $146,000, unrealized gain on marketable securities of $32,000 equity in income of unconsolidated affiliate of $139,000, an increase in accounts receivable of $1,886,000, an increase in prepaid expenses of $790,000, an increase in inventory of $386,000, and an increase in accounts payable and accrued liabilities of $5,000.

 

18

 

 

Alpha Pro Tech, Ltd.

 

 


 

Net cash provided by operating activities of $162,000 for the three months ended March 31, 2017 was due to net income of $550,000, adjusted primarily by the following: stock-based compensation expense of $81,000, depreciation and amortization of $154,000, equity in income of unconsolidated affiliate of $105,000, an increase in accounts receivable of $801,000, a decrease in inventory of $315,000, a decrease in prepaid expenses of $390,000 and a decrease in accounts payable and accrued liabilities of $423,000.

 

Accounts receivable increased by $1,886,000, or 38.0%, to $6,844,000 as of March 31, 2018, from $4,958,000 as of December 31, 2017. The increase in accounts receivable was primarily related to extended payment terms that we provided on most Building Supply segment sales through the end of the first quarter of 2018 to remain competitive, as our competition also offers these extended payment terms. We started this program in late December 2017, and the majority of these receivables are due to be collected in the second quarter of this year. The number of days that sales remained outstanding as of March 31, 2018, calculated by using an average of accounts receivable outstanding and annual revenue, was 46 days, compared to 41 days as of December 31, 2017.

 

Inventory increased by $386,000, or 3.8%, to $10,635,000 as of March 31, 2018, from $10,249,000 as of December 31, 2017. The increase was primarily due to an increase in inventory for the Disposable Protective Apparel segment of $73,000, or 2.1%, to $3,537,000, an increase in inventory for the Building Supply segment of $225,000, or 4.9%, to $4,794,000, and an increase in inventory for the Infection Control segment of $88,000, or 4.0%, to $2,304,000.

 

Prepaid expenses and other current assets increased by $790,000, or 29.6%, to $3,455,000 as of March 31, 2018, from $2,655,000 as of December 31, 2017. The increase was primarily due to an increase in deposits for the purchase of inventory and prepaid insurance.

 

Accounts payable and accrued liabilities as of March 31, 2018 increased by $5,000, or 0.2%, to $2,806,000, from $2,801,000 as of December 31, 2017. The change was primarily due to an increase in accrued liabilities, partially offset by a decrease in trade payables.

 

Net cash used in investing activities was $102,000 for the three months ended March 31, 2018, compared to net cash used in investing activities of $584,000 for the same period of 2017. Investing activities for the three months ended March 31, 2018 consisted of the purchase of property and equipment of $102,000. Investing activities for the three months ended March 31, 2017 consisted of the purchase of property and equipment of $584,000.

 

Net cash used in financing activities was $499,000 for the three months ended March 31, 2018, compared to net cash used in financing activities of $1,150,000 for the same period of 2017. Net cash used in financing activities for the three months ended March 31, 2018 resulted from the payment of $576,000 for the repurchase of common stock, partially offset by proceeds of $77,000 from the exercise of stock options. Net cash used in financing activities for the three months ended March 31, 2017 resulted from the payment of $1,150,000 for the repurchase of common stock.

 

As of March 31, 2018, we had $1,703,000 available for additional stock purchases under our stock repurchase program. For the three months ended March 31, 2018, we repurchased 153,000 shares of common stock at a cost of $576,000. As of March 31, 2018, we had repurchased a total of 16,357,007 shares of common stock at a cost of $29,517,000 through our repurchase program. We retire all stock upon repurchase. Future repurchases are expected to be funded from cash on hand and cash flows from operating activities.

 

We believe that our current cash balance and the funds available under our credit facility will be sufficient to satisfy our projected working capital and planned capital expenditures for the foreseeable future.

 

19

 

 

Alpha Pro Tech, Ltd.

 

 


 

Recent Accounting Pronouncements

 

Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”) is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration that it expects to receive in exchange for those goods or services. In adopting ASU 2014-09, companies may use either a full retrospective or a modified retrospective approach. ASU 2014-09 is effective for the first interim period within an annual reporting period beginning after December 15, 2017, and early adoption is not permitted. The Company adopted ASU 2014-09 during the first quarter of 2018. Management evaluated the provisions of this update and has determined that its adoption did not have a significant impact on the Company’s financial position or results of operations.

 

In January 2016, the FASB issued ASU 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities, which provides guidance for the recognition, measurement, presentation and disclosure of financial instruments. The new guidance revises the accounting requirements related to the classification and measurement of investments in equity securities and the presentation of certain fair value changes for financial liabilities measured at fair value.  The guidance also changes certain disclosure requirements associated with the fair value of financial instruments. These changes will require an entity to measure, at fair value, investments in equity securities and other ownership interests in an entity and recognize the changes in fair value within net income. The guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2017. As a result of adopting this guidance effective January 1, 2018, the Company recorded a cumulative-effect adjustment to reclassify the $458,000 accumulated other comprehensive loss balance to retained earnings, which balance was the result of unrealized losses on marketable securities. Effective, January 1, 2018 unrealized gains and losses on marketable securities are recorded on the statement of income.

 

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), which requires lessees to recognize most leases on the balance sheet. The provisions of this guidance are effective for annual periods beginning after December 15, 2018 and interim periods within those years, with early adoption permitted. Management is evaluating the requirements of this guidance and has not yet determined the impact of the adoption on the Company’s financial position or results of operations.

 

In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, which simplifies several aspects of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, as well as certain classifications on the statement of cash flows. The provisions of this guidance were effective for annual reporting periods beginning after December 15, 2016 and interim periods within those annual periods, with early adoption permitted. The Company adopted this guidance during the quarter ended March 31, 2017, and the Company recorded a one-time $866,000 cumulative-effect adjustment to reduce additional paid-in capital and increase retained earnings for excess tax benefits from stock option exercises that had previously been recorded to additional paid-in capital. The adoption of this guidance also increased the number of dilutive shares because excess tax benefits are no longer included in the assumed proceeds when calculating the number of dilutive shares. In addition, the effective tax rate will be reduced in future periods when there are excess tax benefits from stock options exercised.

 

Management periodically reviews new accounting standards that are issued. Management has not identified any other new standards that it believes merit further discussion at this time.

 

 

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

 

As a smaller reporting company, we are not required to provide the information otherwise required by this Item.

 

ITEM 4. CONTROLS AND PROCEDURES

 

Evaluation of Disclosure Controls and Procedures.

 

Under the supervision and with the participation of our management, including our President and Chief Executive Officer (principal executive officer) and our Chief Financial Officer (principal financial officer), we evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as such term is defined in Rule 13a-15(e) and Rule 15d-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”)), as of March 31, 2018, pursuant to the evaluation of these controls and procedures required by Rule 13a-15 of the Exchange Act. Disclosure controls and procedures are the controls and other procedures that we have designed to ensure that we record, process, summarize and report in a timely manner the information that we must disclose in reports that we file with or submit to the SEC under the Exchange Act.     

 

20

 

 

Alpha Pro Tech, Ltd.

 

 


 

In designing and evaluating our disclosure controls and procedures, we recognize that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives and that we are required to apply our judgment in evaluating the cost-benefit relationship of possible controls and procedures.

 

Based on the evaluation, our principal executive officer and principal financial officer concluded that our disclosure controls and procedures were effective as of the end of the period covered by this report.

 

Changes in Internal Control Over Financial Reporting

 

During the quarter to which this report relates, there was no change in our internal control over financial reporting (as such term is defined in Rule 13a-15(f) and Rule 15d-15(f) under the Exchange Act) that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

 

 

PART II. OTHER INFORMATION

 

ITEM 1. LEGAL PROCEEDINGS

 

The Company has been involved in protracted litigation against a competitor in an action styled Alpha Pro Tech, Inc. v. VWR International, LLC, pending in the U.S. District Court for the Eastern District of Pennsylvania, CV 12-1615, wherein the Company originally sought damages for unfair trade practices and false advertising against the competitor, and the competitor counterclaimed asserting similar claims against the Company.  In August of 2017, the court ruled against the Company on its claims against the competitor. The competitor, as the prevailing party with respect to those claims, subsequently filed a motion seeking to recover from the Company an amount in excess of $2 million in attorneys’ fees and costs, which motion was granted by the court. In November of 2017, the Company, in consultation with new litigation counsel, filed a motion to reconsider the attorneys’ fee award. The court heard arguments on the motion to reconsider at a hearing in February of 2018. At the hearing, the court encouraged the parties to attempt to settle the matter in advance of a ruling on the motion to reconsider (which motion was ultimately denied), and the parties subsequently mediated the matter in April of 2018. As a result of the mediation and the parties’ further discussions, the parties have reached an agreement in principle for the terms of a settlement of the attorneys’ fee claim and are currently working together to document the settlement terms. The Company has accrued in its financial statements the amount agreed upon for the settlement. The Company is in the process of evaluating avenues for recovery of the settlement amount from former litigation counsel; however, there can be no assurance as to the ultimate amount of any such recovery.

 

21

 

 

Alpha Pro Tech, Ltd.

 

 


 

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

 

ISSUER PURCHASES OF EQUITY SECURITIES

 

The following table sets forth purchases made by or on behalf of the Company or any “affiliated purchaser,” as defined in Rule 10b-18(a)(3) of the Exchange Act:

 

   

Issuer Purchases of Equity Securities

 

Period

 

Total Number of

Shares Purchased

   

Weighted Average

Price Paid per Share

   

Total Number of

Shares Purchased

as Part of Publicly

Announced

Program (1)

   

Approximate Dollar Value

of Shares that May Yet Be

Purchased Under the

Program (1)

 

January 1 - 31, 2018

    52,800     $ 3.90       52,800     $ 2,071,000  

February 1 - 28, 2018

    56,600       3.74       56,600       1,857,000  

March 1 - 31, 2018

    43,600       3.48       43,600       1,703,000  
      153,000       3.72       153,000          

 

(1) On December 22, 2017, the Company announced that the Board of Directors had authorized a $2,000,000 expansion of the Company’s existing share repurchase program.

 

SECURITIES SOLD

 

We did not sell unregistered equity securities during the period covered by this report.

 

22

 

 

Alpha Pro Tech, Ltd.

 

 


 

ITEM 6. EXHIBITS

 

 

 

3.1.1

Certificate of Incorporation of Alpha Pro Tech, Ltd., incorporated by reference to Exhibit 3(f) to Form 10-K for the year ended December 31, 1994, filed on March 31, 1995 (File No. 000-19893).

3.1.2

Certificate of Amendment of Certificate of Incorporation of Alpha Pro Tech, Ltd., incorporated by reference to Exhibit 3(j) to Form 10-K for the year ended December 31, 1994, filed on March 31, 1995 (File No. 000-19893).

3.1.3

Certificate of Ownership and Merger (BFD Industries, Inc. into Alpha Pro Tech, Ltd.), incorporated by reference to Exhibit 3(l) to Form 10-K for the year ended December 31, 1994, filed on March 31, 1995 (File No. 000-19893).

3.2

Bylaws of Alpha Pro Tech, Ltd., incorporated by reference to Exhibit 3(g) to Form 10-K for the year ended December 31, 1994, filed on March 31, 1995 (File No. 000-19893).

31.1

Certification of President and Chief Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, as amended.

31.2

Certification of Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, as amended.

32.1

Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 – President and Chief Executive Officer.

32.2

Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 – Chief Financial Officer.

101

Interactive Data Files for Alpha Pro Tech, Ltd’s Form 10-Q for the period ended March 31, 2018.

 

23

 

 

Alpha Pro Tech, Ltd.

 

 


 

 

SIGNATURES

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

 

 

 

ALPHA PRO TECH, LTD. 

 

 

 

 

 

 

 

DATE:     

May 9, 2018

 

BY:

/s/ Lloyd Hoffman

 

 

 

 

 

 

 

 

 

 

 

Lloyd Hoffman 

 

 

 

 

 

President and Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

DATE: 

May 9, 2018

 

BY:

/s/Colleen McDonald

 

 

 

 

 

 

 

 

 

 

 

Colleen McDonald 

 

 

 

 

 

Chief Financial Officer

 

 

24

EX-31.1 2 ex_112927.htm EXHIBIT 31.1 ex_112927.htm

Alpha Pro Tech, Ltd.

 

 

Certification Under Exchange Act Rules 13a – 14(a) and 15d – 14(a) EXHIBIT 31.1

 

I, Lloyd Hoffman, certify that:

 

1.

I have reviewed this quarterly report on Form 10-Q of Alpha Pro Tech, Ltd.;

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4.

The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

 

a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

 

b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

 

c)

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

 

d)

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.

The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

 

a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

 

b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

 

DATE:     

May 9, 2018

 

BY:

/s/ Lloyd Hoffman

 
           
       

Lloyd Hoffman 

 
       

President and Chief Executive Officer

 
        (Principal Executive Officer)  

 

EX-31.2 3 ex_112928.htm EXHIBIT 31.2 ex_112928.htm

Alpha Pro Tech, Ltd.

 

 

Certification Under Exchange Act Rules 13a – 14(a) and 15d – 14(a) EXHIBIT 31.2

 

I, Colleen McDonald, certify that:

 

1.

I have reviewed this quarterly report on Form 10-Q of Alpha Pro Tech, Ltd.;

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4.

The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

 

a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

 

b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

 

c)

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

 

d)

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.

The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

 

a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

 

b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

 

DATE: 

May 9, 2018

 

BY:

/s/Colleen McDonald

 
           
       

Colleen McDonald 

 
       

Chief Financial Officer

 
        (Principal Financial and Accounting Officer)  

 

EX-32.1 4 ex_112929.htm EXHIBIT 32.1 ex_112929.htm

Alpha Pro Tech, Ltd.

 

 

 

 

 

EXHIBIT 32.1

 

 

 

 

 

Alpha Pro Tech, Ltd.

 

CERTIFICATION PURSUANT TO

 

18 U.S.C. SECTION 1350,

 

AS ADOPTED PURSUANT TO

 

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

 

 

In connection with the quarterly report of Alpha Pro Tech, Ltd. (the “Company”) on Form 10-Q for the quarter ended March 31, 2018, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Lloyd Hoffman, President and Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

 

 

 

 

 

DATE:     

May 9, 2018

 

BY:

/s/ Lloyd Hoffman

 
           
       

Lloyd Hoffman 

 
       

President and Chief Executive Officer

 

 

 

EX-32.2 5 ex_112930.htm EXHIBIT 32.2 ex_112930.htm

Alpha Pro Tech, Ltd.

 

 

 

 

 

EXHIBIT 32.2

 

 

 

 

 

Alpha Pro Tech, Ltd.

 

CERTIFICATION PURSUANT TO

 

18 U.S.C. SECTION 1350,

 

AS ADOPTED PURSUANT TO

 

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

 

 

In connection with the quarterly report of Alpha Pro Tech, Ltd. (the “Company”) on Form 10-Q for the quarter ended March 31, 2018, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Colleen McDonald, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

 

 

 

 

 

 

DATE: 

May 9, 2018

 

BY:

/s/Colleen McDonald

 
           
       

Colleen McDonald 

 
       

Chief Financial Officer

 

 

EX-101.INS 6 apt-20180331.xml XBRL INSTANCE DOCUMENT 3601000 -866000 3974000 3627000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:4.3pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11.</div> </div><div style="display: inline; font-weight: bold;">Financial</div><div style="display: inline; font-weight: bold;"> Information about Geographic Areas</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:22.5pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The following table summarizes the Company&#x2019;s net sales by geographic region for the Company&#x2019;s the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div> All amounts have been rounded to the nearest thousand.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:22.5pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">For the Three Months Ended</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Net sales by geographic region</div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 45.1%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">United States</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,198,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,599,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">International</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">244,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">152,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Consolidated net sales</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,442,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,751,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:22.5pt;margin-right:0pt;margin-top:0pt;text-align:justify;">Net sales by geographic region are based on the countries in which our customers are located. For the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and the year ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017, </div>the Company did <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> generate sales from any single country, other than the United States, that were significant to the Company&#x2019;s consolidated net sales.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:22.5pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:22.5pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:22.5pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The following table summarizes the locations of the Company&#x2019;s long-lived assets by geographic region as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017.</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:22.5pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Long-lived assets by geographic region</div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 58.4%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">United States</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,644,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,593,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">International</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">471,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">565,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Consolidated total long-lived assets</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,115,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,158,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;"></div></div> 3 1 458000 -458000 458000 -458000 2050000 2098000 325000 336000 12000 13000 2387000 2447000 803000 787000 3190000 3234000 false --12-31 Q1 2018 2018-03-31 10-Q 0000884269 14187747 Yes Smaller Reporting Company ALPHA PRO TECH LTD No No apt <div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:4.3pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">8</div></div><div style="display: inline; font-weight: bold;">. Accrued Liabilities</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017, </div>accrued liabilities consisted of the following:</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 10%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 66%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Payroll expenses and tax payable</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">120,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">232,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Commission and bonuses payable and general accrued liabilities</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,644,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,333,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,764,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,565,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table> </div></div> 1042000 1236000 6463000 4597000 381000 361000 1644000 1333000 1764000 1565000 120000 232000 -458000 4995000 5415000 78000 78000 78000 81000 83000 83000 113000 73000 16000 93000 34216000 34124000 26975000 26978000 543000 543000 375000 343000 375000 343000 32000 32000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:36pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.</div></div></div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;">Basis of Presentation and Revenue Recognition Policy</div></div> </td> </tr> </table> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 20pt; text-align: justify; text-indent: 0pt; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0);">The interim financial information included herein is unaudited; however, the information reflects all adjustments (consisting of normal recurring adjustments) that are, in the opinion of management, necessary for the fair presentation of the consolidated financial position, results of operations and cash flows for the interim periods. These interim condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (&#x201c;SEC&#x201d;) and, therefore, omit certain information and note disclosures necessary to present the statements in accordance with US generally accepted accounting principles (&#x201c;US GAAP&#x201d;). The interim condensed consolidated financial statements should be read in conjunction with the Company&#x2019;s current year SEC filings on Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">8</div>-K, as well as the consolidated financial statements for the year ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017, </div>which are included in the Company&#x2019;s Annual Report on Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K (the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&#x201c;2017</div> Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K&#x201d;), which was filed on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 12, 2018. </div>The results of operations for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>reported in this Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-Q are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> necessarily indicative of the results to be expected for the full year. The condensed consolidated balance sheet as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017 </div>was prepared using information from the audited consolidated balance sheet contained in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K and does <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> include all disclosures required by US GAAP for annual consolidated financial statements.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 20pt; text-align: justify; text-indent: 0pt; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0);">The Company adopted Accounting Standards Update <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09,</div> <div style="display: inline; font-style: italic;">Revenue from Contracts with Customers</div> (Topic <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">606</div>) effective <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January 1, 2018 </div>on a full retrospective basis. Adoption of this standard did <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> result in significant changes to our accounting policies, business processes, systems or controls, or have a material impact on our financial position, results of operations and cash flows or related disclosures. As such, prior period financial statements were <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> recast. The Company recognizes revenue for the transfer of promised goods to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods. The Company typically satisfies its performance obligations in contracts with customers upon shipment of the goods. Generally, payment is due from customers within a fixed number of days of the invoice date and the contracts do <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> have significant financing components.</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 18pt; text-align: justify;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 20pt; text-align: justify; text-indent: 0pt; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0);">The Company has determined that control does <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> pass at the time of manufacture for private label goods, based on the nature of the private labeling.</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 18pt; text-align: justify;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 20pt; text-align: justify; text-indent: 0pt; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0);">See Notes <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11</div> for revenue disaggregated by type and by geographic region.</div></div> 8763000 9456000 5666000 7884000 -3097000 -1572000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:4.3pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div></div><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3</div></div><div style="display: inline; font-weight: bold;">. Commitments</div><div style="display: inline; font-weight: bold;"> and Contingencies</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The Company has been involved in protracted litigation against a competitor in an action styled Alpha Pro Tech, Inc. v. VWR International, LLC, pending in the U.S. District Court for the Eastern District of Pennsylvania, CV <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1615,</div> wherein the Company originally sought damages for unfair trade practices and false advertising against the competitor, and the competitor counterclaimed asserting similar claims against the Company.&nbsp;&nbsp;In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> August </div>of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the court ruled against the Company on its claims against the competitor. The competitor, as the prevailing party with respect to those claims, subsequently filed a motion seeking to recover from the Company an amount in excess of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$2</div> million in attorneys&#x2019; fees and costs, which motion was granted by the court. In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> November </div>of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the Company, in consultation with new litigation counsel, filed a motion to reconsider the attorneys&#x2019; fee award. The court heard arguments on the motion to reconsider at a hearing in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February </div>of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018.</div> At the hearing, the court encouraged the parties to attempt to settle the matter in advance of a ruling on the motion to reconsider (which motion was ultimately denied), and the parties subsequently mediated the matter in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> April </div>of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018.</div> As a result of the mediation and the parties&#x2019; further discussions, the parties have reached an agreement in principle for the terms of a settlement of the attorneys&#x2019; fee claim and are currently working together to document the settlement terms. The Company has accrued in its financial statements the amount agreed upon for the settlement. The Company is in the process of evaluating avenues for recovery of the settlement amount from former litigation counsel; however, there can be <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> assurance as to the ultimate amount of any such recovery.</div></div> 0.01 0.01 50000000 50000000 14187749 14290749 14290749 14187749 142000 143000 508000 473000 6987000 6457000 19000 19000 146000 154000 380000 380000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:36pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3.</div></div></div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;">S</div><div style="display: inline; font-weight: bold;">tock</div><div style="display: inline; font-weight: bold;">-</div><div style="display: inline; font-weight: bold;">Based Compensation</div></div> </td> </tr> </table> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The Company maintains a stock option plan under which the Company <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>grant incentive stock options and non-qualified stock options to employees and non-employee directors. Stock options have been granted with exercise prices at or above the fair market value of the underlying shares of common stock on the date of grant. Options vest and expire according to terms established at the grant date.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The Company records compensation expense for the fair value of stock-based awards determined as of the grant date, including employee stock options, over the determined requisite service period, which is generally ratably over the vesting term.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">For the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">289,750,</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0,</div> respectively, of stock options were granted under the Company&#x2019;s option plan. The Company recognized <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$78,000</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$81,000</div> in stock-based compensation expense for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> respectively.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The Company uses the Black-Scholes option-pricing model to value the options. The Company uses historical data to estimate the life of the options. The risk-free interest rate for periods within the contractual life of the award is based on the US Treasury yield curve in effect at the time of grant. The estimated volatility is based on historical volatility and management&#x2019;s expectations of future volatility. The Company uses an estimated dividend payout of zero, as the Company has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> paid dividends in the past and, at this time, does <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> expect to do so in the future.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div><div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The following table summarizes stock option activity for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018:</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 10%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Weighted</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Average</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Exercise Price</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Options</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Per Option</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Options outstanding, December 31, 2017</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">884,998</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.26</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 63.4%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Granted to employees and non-employee directors</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">289,750</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3.20</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Exercised</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(50,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.53</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Canceled/expired/forfeited</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0.00</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Options outstanding, March 31, 2018</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,124,748</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.53</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Options exercisable, March 31, 2018</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">313,334</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.02</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018, </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$560,000</div> of total unrecognized compensation cost related to stock options was expected to be recognized over a weighted average period of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.55</div> years.</div></div> 0 203000 0.04 0.04 0.04 0.04 <div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:4.3pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9</div></div><div style="display: inline; font-weight: bold;">. </div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">Basic and Diluted </div><div style="display: inline; font-weight: bold;">Earnings</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">Per</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">Common </div><div style="display: inline; font-weight: bold;">Share</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The following table provides a reconciliation of both net income and the number of shares used in the computation of &#x201c;basic&#x201d; earnings per common share (&#x201c;EPS&#x201d;), which utilizes the weighted average number of common shares outstanding without regard to dilutive shares, and &#x201c;diluted&#x201d; EPS, which includes all such dilutive shares, for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 10%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">For the Three Months Ended</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Net income (numerator)</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">508,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">550,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Shares (denominator):</div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 63.3%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Basic weighted average common shares outstanding</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">14,217,919</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,207,659</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Add: dilutive effect of common stock options</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">165,086</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">94,142</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Diluted weighted average common shares outstanding</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">14,383,005</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,301,801</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Earnings per common share:</div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Basic</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0.04</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0.04</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Diluted</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0.04</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0.04</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table> </div></div> 560000 P2Y200D 1450000 77000 0 0 0.4166 0.5834 4032000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:4.3pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">7</div></div><div style="display: inline; font-weight: bold;">. </div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">Equity </div><div style="display: inline; font-weight: bold;">I</div><div style="display: inline; font-weight: bold;">nvestment in Unconsolidated Affiliate</div></div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 27pt; text-align: justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:22.5pt;margin-right:0pt;margin-top:0pt;text-align:justify;">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2005,</div> Alpha ProTech Engineered Products, Inc. (a subsidiary of Alpha Pro Tech, Ltd.) entered into a joint venture with a manufacturer in India for the production of building products. Under the terms of the joint venture agreement, a private company, Harmony Plastics Private Limited (&#x201c;Harmony&#x201d;), was created with ownership interests of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">41.66%</div> by Alpha ProTech Engineered Products, Inc. and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">58.34%</div> by Maple Industries and Associates.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:22.5pt;margin-right:0pt;margin-top:0pt;text-align:justify;">This joint venture positions Alpha ProTech Engineered Products, Inc. to respond to current and expected increased product demand for housewrap and synthetic roof underlayment and provides future capacity for sales of specialty roofing component products and custom products for industrial applications requiring high quality extrusion coated fabrics. In addition, the joint venture now supplies products for the Disposable Protective Apparel segment.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:22.5pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The capital from the initial funding and a bank loan, which loan is guaranteed exclusively by the individual shareholders of Maple Industries and associates and collateralized by the assets of Harmony, were utilized to purchase the original manufacturing facility in India. Harmony currently has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">four</div> facilities in India (<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> owned and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> rented), consisting of: (<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div>) a <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">113,000</div> square foot building for manufacturing building products; (<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div>) a <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">73,000</div> square foot building for manufacturing coated material and sewing proprietary disposable protective apparel; (<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3</div>) a <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16,000</div> square foot facility for sewing proprietary disposable protective apparel; (<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4</div>) a <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">93,000</div> square foot rental for manufacturing of Building Supply segment products. All additions have been financed by Harmony with <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> guarantees from the Company.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">In accordance with Accounting Standards Codification (&#x201c;ASC&#x201d;) <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">810,</div> <div style="display: inline; font-style: italic;">Consolidation</div>, the Company assesses whether or <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> related entities are variable interest entities (&#x201c;VIEs&#x201d;). For those related entities that qualify as VIEs, ASC <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">810</div> requires the Company to determine whether or <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> the Company is the primary beneficiary of the VIE, and, if so, to consolidate the VIE. The Company has determined that Harmony is <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> a VIE and is, therefore, considered to be an unconsolidated affiliate.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The Company records its investment in Harmony as &#x201c;equity investment in unconsolidated affiliate&#x201d; in the accompanying condensed consolidated balance sheets. The Company records its equity interest in Harmony&#x2019;s results of operations as &#x201c;equity in income of unconsolidated affiliate&#x201d; in the accompanying condensed consolidated statements of income. The Company periodically reviews its investment in Harmony for impairment. Management has determined that <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> impairment was required as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017.</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">For the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> Alpha Pro Tech purchased <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$3,974,000</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$3,627,000</div> of inventories, respectively, from Harmony.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div><div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">For the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the Company recorded equity in income of unconsolidated affiliate of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$139,000</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$105,000,</div> respectively, related to Harmony.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018, </div>the Company&#x2019;s investment in Harmony was <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$4,032,000,</div> which consisted of its original <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$1,450,000</div> investment and cumulative equity in income of unconsolidated affiliate of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$3,601,000,</div> less <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$942,000</div> in repayments of the advance and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$77,000</div> in dividends.</div></div> 20000 21000 55000 55000 4455000 4294000 600000 772000 139000 105000 92000 222000 5000 -423000 1866000 866000 20000 -65000 386000 -315000 790000 -391000 165086 94142 1000 1000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:36pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6.</div></div></div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;">Inventories</div></div> </td> </tr> </table> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:22.5pt;margin-right:0pt;margin-top:0pt;text-align:justify;">As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017, </div>inventories consisted of the following:</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 15%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 64%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Raw materials</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,620,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,567,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Work in process</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,239,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,058,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Finished goods</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,776,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,624,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,635,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,249,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table> </div></div> 4776000 4624000 10635000 10249000 4620000 4567000 1239000 1058000 4032000 3893000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:36pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4.</div></div></div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;">Investments</div></div> </td> </tr> </table> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017, </div>investments totaled <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$375,000</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$343,000</div> respectively, which consisted of equity securities.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The following provides information regarding the Company&#x2019;s marketable securities as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017:</div><div style="display: inline; font-weight: bold;"> </div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 10%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 66%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Cost basis</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">543,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">543,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Gains previously recognized on warrants</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">380,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">380,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt; text-indent: -9pt;">Loss included in accumulated other comprehensive loss or reclassifed to retained earnings on Jaunuary 1, 2018</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(580,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(580,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Unrealized gain recognized in earings since January 1, 2018</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">32,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Fair value</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">375,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">343,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">No</div> marketable securities were sold during the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and the year ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017. </div>The unrealized gain of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$32,000</div> since <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January 1, 2018 </div>is recognized in the statement of income for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018. </div>The unrealized loss of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$77,000</div> in the statement of comprehensive income is presented net of tax for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018. </div>The tax benefit on the unrealized loss was <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$30,000</div> for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2017.</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"></div></div> 34216000 34124000 2806000 2801000 2000000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:36pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.</div></div></div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;">The Company</div></div> </td> </tr> </table> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">Alpha Pro Tech, Ltd. (&#x201c;Alpha Pro Tech&#x201d; or the &#x201c;Company&#x201d;) is in the business of protecting people, products and environments. The Company accomplishes this by developing, manufacturing and marketing a line of building supply products for the new home and re-roofing markets; a line of disposable protective apparel for the cleanroom, industrial and pharmaceutical markets; and a line of infection control products for the medical and dental markets.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The Building Supply segment consists of construction weatherization products, such as housewrap and synthetic roof underlayment, as well as other woven material.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The Disposable Protective Apparel segment consists of a complete line of shoecovers, bouffant caps, coveralls, gowns, frocks and lab coats.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The Infection Control segment consists of a line of face masks and eye shields.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:20.15pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The Company&#x2019;s products are sold under the "Alpha Pro Tech" brand name and under private label, and are predominantly sold in the United States of America (&#x201c;US&#x201d;).</div></div> -499000 -1150000 -102000 -584000 -2496000 162000 508000 550000 508000 994000 962000 290000 458000 733000 596000 2017000 2016000 1417000 1244000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style=";font-family:'Times New Roman', Times, serif;font-size:10pt; min-width: 700px;"> <tr> <td style="width:36pt;vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5.</div></div></div> </td> <td style="vertical-align:top;"> <div style=" font-family:'Times New Roman', Times, serif;margin-right:0pt;margin-top:0pt;text-align:justify;margin-bottom:0pt;font-size:10pt;"><div style="display: inline; font-weight: bold;">Recent Accounting Pronouncements</div></div> </td> </tr> </table> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">Accounting Standards Update (&#x201c;ASU&#x201d;) <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09,</div> <div style="display: inline; font-style: italic;">Revenue from Contracts with Customers</div> (Topic <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">606</div>) (&#x201c;ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09&#x201d;</div>) is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration that it expects to receive in exchange for those goods or services. In adopting ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09,</div> companies <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>use either a full retrospective or a modified retrospective approach. ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div> is effective for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> interim period within an annual reporting period beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2017, </div>and early adoption is <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> permitted. The Company adopted ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div> during the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018.</div> Management evaluated the provisions of this update and has determined that its adoption did <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> have a significant impact on the Company&#x2019;s financial position or results of operations.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January 2016, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">01,</div> <div style="display: inline; font-style: italic;">Financial Instruments</div> - <div style="display: inline; font-style: italic;">Overall</div> (Subtopic <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">825</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>): <div style="display: inline; font-style: italic;">Recognition and Measurement of Financial Assets and Financial Liabilities</div>, which provides guidance for the recognition, measurement, presentation and disclosure of financial instruments. The new guidance revises the accounting requirements related to the classification and measurement of investments in equity securities and the presentation of certain fair value changes for financial liabilities measured at fair value.&nbsp; The guidance also changes certain disclosure requirements associated with the fair value of financial instruments. These changes will require an entity to measure, at fair value, investments in equity securities and other ownership interests in an entity and recognize the changes in fair value within net income. The guidance is effective for fiscal years and interim periods within those years beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2017. </div>As a result of adopting this guidance effective <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January 1, 2018, </div>the Company recorded a cumulative-effect adjustment to reclassify the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$458,000</div> accumulated other comprehensive loss balance to retained earnings, which balance was the result of unrealized losses on marketable securities. Effective, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January 1, 2018 </div>unrealized gains and losses on marketable securities are recorded on the statement of income.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February 2016, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02,</div><div style="display: inline; font-style: italic;"> Leases </div>(Topic <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">842</div>), which requires lessees to recognize most leases on the balance sheet. The provisions of this guidance are effective for annual periods beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2018 </div>and interim periods within those years, with early adoption permitted. Management is evaluating the requirements of this guidance and has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> yet determined the impact of the adoption on the Company&#x2019;s financial position or results of operations.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 2016, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09,</div> <div style="display: inline; font-style: italic;">Compensation </div><div style="display: inline; font-style: italic;">-</div><div style="display: inline; font-style: italic;"> Stock Compensation </div>(Topic <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">718</div>):<div style="display: inline; font-style: italic;"> Improvements to Employee Share-Based Payment Accounting</div>, which simplifies several aspects of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, as well as certain classifications on the statement of cash flows. The provisions of this guidance were effective for annual reporting periods beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2016 </div>and interim periods within those annual periods, with early adoption permitted. The Company adopted this guidance during the quarter ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2017, </div>and the Company recorded a <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div>-time <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$866,000</div> cumulative-effect adjustment to reduce additional paid-in capital and increase retained earnings for excess tax benefits from stock option exercises that had previously been recorded to additional paid-in capital. The adoption of this guidance also increased the number of dilutive shares because excess tax benefits are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> longer included in the assumed proceeds when calculating the number of dilutive shares. In addition, the effective tax rate will be reduced in future periods when there are excess tax benefits from stock options exercised.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">Management periodically reviews new accounting standards that are issued. Management has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> identified any other new standards that it believes merit further discussion at this time.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"></div></div> 2644000 2593000 471000 565000 3115000 3158000 172000 106000 3 4 4027000 3628000 428000 666000 -580000 -580000 -77000 30000 576000 1150000 0 102000 584000 3455000 2665000 942000 0 0 77000 3115000 3158000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31,</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 62%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Building Supply</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,050,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,098,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Disposable Protective Apparel</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">325,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">336,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Infection Control</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Total segment assets</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,387,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,447,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Unallocated corporate assets</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">803,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">787,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Total consolidated assets</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,190,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,234,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">For the Three Months Ended</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 62%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Building Supply</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">994,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">962,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Disposable Protective Apparel</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">290,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">458,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Infection Control</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">733,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">596,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Total segment income</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,017,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,016,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Unallocated corporate overhead expenses</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,417,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,244,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Provision for income taxes</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">92,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">222,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Consolidated net income</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">508,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">550,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table></div> 0 40000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:4.3pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div></div><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div></div><div style="display: inline; font-weight: bold;">. </div><div style="display: inline; font-weight: bold;">Related Party Transactions</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:19.8pt;margin-right:7.7pt;margin-top:0pt;text-align:justify;">The Company previously used a law firm for certain legal matters whose majority member was a member of the Company&#x2019;s Board of Directors until his resignation on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2017. </div>For the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the Company expensed <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$40,000,</div> respectively, for legal services from this related party. As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the Company&#x2019;s outstanding balance to this related party was <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$203,000,</div> respectively.</div></div> 26273000 26223000 6669000 5939000 3232000 3295000 1541000 1517000 11442000 10751000 11198000 10599000 244000 152000 11442000 10751000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 10%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 66%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Payroll expenses and tax payable</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">120,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">232,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Commission and bonuses payable and general accrued liabilities</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,644,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,333,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,764,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,565,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 10%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 66%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Cost basis</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">543,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">543,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Gains previously recognized on warrants</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">380,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">380,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt; text-indent: -9pt;">Loss included in accumulated other comprehensive loss or reclassifed to retained earnings on Jaunuary 1, 2018</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(580,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(580,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Unrealized gain recognized in earings since January 1, 2018</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">32,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Fair value</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">375,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">343,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 10%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">For the Three Months Ended</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Net income (numerator)</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">508,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">550,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Shares (denominator):</div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 63.3%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Basic weighted average common shares outstanding</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">14,217,919</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,207,659</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Add: dilutive effect of common stock options</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">165,086</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">94,142</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Diluted weighted average common shares outstanding</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">14,383,005</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,301,801</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Earnings per common share:</div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Basic</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0.04</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0.04</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Diluted</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0.04</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0.04</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 15%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 64%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Raw materials</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,620,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,567,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Work in process</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,239,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,058,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Finished goods</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,776,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4,624,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,635,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,249,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">For the Three Months Ended</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Net sales by geographic region</div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 45.1%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">United States</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,198,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,599,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">International</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">244,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">152,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Consolidated net sales</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,442,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,751,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table></div><div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Long-lived assets by geographic region</div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 58.4%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">United States</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,644,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,593,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">International</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">471,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">565,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Consolidated total long-lived assets</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,115,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,158,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 15%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">For the Three Months Ended</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 64%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Building Supply</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,669,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,939,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Disposable Protective Apparel</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,232,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,295,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Infection Control</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,541,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,517,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Consolidated net sales</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,442,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,751,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="margin-right: 10%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Weighted</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Average</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">&nbsp;</div></td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Exercise Price</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Options</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Per Option</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Options outstanding, December 31, 2017</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">884,998</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.26</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 63.4%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Granted to employees and non-employee directors</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">289,750</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3.20</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Exercised</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(50,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">)</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.53</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Canceled/expired/forfeited</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">0.00</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Options outstanding, March 31, 2018</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,124,748</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.53</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td colspan="1" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Options exercisable, March 31, 2018</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">313,334</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.02</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table></div> <div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div></div><div style="display: inline; font-weight: bold;">. </div><div style="display: inline; font-weight: bold;">Activity of Business Segments</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The Company operates through <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> business segments:</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">Building Supply</div>: consisting of a line of construction supply weatherization products. The construction supply weatherization products consist of housewrap and synthetic roof underlayment, as well as other woven material. The majority of the Company&#x2019;s equity in income of unconsolidated affiliate (Harmony) is included in the total segment income for the Building Supply segment.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">&nbsp;</div></div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;"></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">Disposable Protective Apparel</div>: consisting of a complete line of disposable protective clothing, such as shoecovers (including the Aqua Trak&reg; and spunbond shoecovers), bouffant caps, coveralls, frocks, lab coats, gowns and hoods for the pharmaceutical, cleanroom, industrial and medical markets. A portion of the Company&#x2019;s equity in income of unconsolidated affiliate (Harmony) is included in the total segment income for the Disposable Protective Apparel segment.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">Infection Control</div>: consisting of a line of face masks and eye shields.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">Segment data excludes charges allocated to the principal executive office and other unallocated expenses and income tax. The Company evaluates the performance of its segments and allocates resources to them based primarily on net sales.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The following table presents consolidated net sales for each segment for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017:</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 15%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">For the Three Months Ended</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 64%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Building Supply</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,669,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,939,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Disposable Protective Apparel</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,232,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,295,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Infection Control</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,541,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,517,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Consolidated net sales</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,442,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10,751,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The following table presents the reconciliation of consolidated segment income to consolidated net income for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017:</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">For the Three Months Ended</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 62%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Building Supply</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">994,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">962,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Disposable Protective Apparel</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">290,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">458,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Infection Control</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">733,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">596,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Total segment income</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,017,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,016,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Unallocated corporate overhead expenses</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,417,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,244,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Provision for income taxes</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">92,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">222,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Consolidated net income</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">508,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">550,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">&nbsp;</div><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;"></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The following table presents the consolidated net property and equipment, goodwill and definite-lived intangible assets (&#x201c;consolidated assets&#x201d;) by segment as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017:</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 20%; margin-left: 18pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">March 31,</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31,</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 62%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Building Supply</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,050,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,098,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Disposable Protective Apparel</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">325,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">336,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Infection Control</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Total segment assets</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,387,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,447,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Unallocated corporate assets</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">803,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">787,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Total consolidated assets</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,190,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,234,000</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;</td> </tr> </table> </div></div> 3881000 3474000 78000 81000 0 313334 2.02 0 289750 0 884998 1124748 2.26 2.53 1.53 3.20 50000 50000 77000 77000 153000 1000 575000 576000 143000 5415000 -458000 26223000 31323000 142000 4995000 26273000 31410000 <div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:4.3pt;margin-right:0pt;margin-top:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div></div><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4</div></div><div style="display: inline; font-weight: bold;">. Subsequent Events</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">The Company has reviewed and evaluated whether subsequent events have occurred from the condensed consolidated balance sheet date of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>through the filing date of this Quarterly Report on Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-Q that would require accounting or disclosure and has concluded that there was a subsequent event.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:18pt;margin-right:0pt;margin-top:0pt;text-align:justify;">Effective <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> April 22, 2018, </div>the Generalized System of Preferences (GSP) has renewed duty free treatment to goods of beneficiary countries, and is retroactive to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January 1, 2018, w</div>hich means to us that certain goods that were duty free in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> are now duty free in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div> through <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2020.&nbsp;</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"></div></div> 14383005 15301801 14217919 15207659 The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date. The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date. xbrli:shares xbrli:pure utr:sqft iso4217:USD iso4217:USD xbrli:shares 0000884269 apt:HarmonyMember 2006-01-01 2018-03-31 0000884269 2017-01-01 2017-03-31 0000884269 us-gaap:AccountingStandardsUpdate201609Member us-gaap:AdditionalPaidInCapitalMember 2017-01-01 2017-03-31 0000884269 us-gaap:CorporateNonSegmentMember 2017-01-01 2017-03-31 0000884269 us-gaap:OperatingSegmentsMember 2017-01-01 2017-03-31 0000884269 us-gaap:OperatingSegmentsMember apt:BuildingSupplyMember 2017-01-01 2017-03-31 0000884269 us-gaap:OperatingSegmentsMember apt:DisposableProtectiveApparelMember 2017-01-01 2017-03-31 0000884269 us-gaap:OperatingSegmentsMember apt:InfectionControlMember 2017-01-01 2017-03-31 0000884269 srt:ReportableGeographicalComponentsMember 2017-01-01 2017-03-31 0000884269 srt:ReportableGeographicalComponentsMember apt:InternationalMember 2017-01-01 2017-03-31 0000884269 srt:ReportableGeographicalComponentsMember country:US 2017-01-01 2017-03-31 0000884269 apt:MarketableSecuritiesMember 2017-01-01 2017-03-31 0000884269 apt:LegalServicesRelatedPartyMember us-gaap:DirectorMember 2017-01-01 2017-03-31 0000884269 2017-01-01 2017-12-31 0000884269 apt:HarmonyMember 2017-01-01 2017-12-31 0000884269 apt:AlphaProTechIncVVWRInternationalLLCMember us-gaap:PendingLitigationMember 2017-08-01 2017-08-31 0000884269 2018-01-01 2018-03-31 0000884269 us-gaap:AccountingStandardsUpdate201601Member us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-03-31 0000884269 us-gaap:AccountingStandardsUpdate201601Member us-gaap:RetainedEarningsMember 2018-01-01 2018-03-31 0000884269 us-gaap:EmployeeStockOptionMember 2018-01-01 2018-03-31 0000884269 us-gaap:CorporateNonSegmentMember 2018-01-01 2018-03-31 0000884269 us-gaap:OperatingSegmentsMember 2018-01-01 2018-03-31 0000884269 us-gaap:OperatingSegmentsMember apt:BuildingSupplyMember 2018-01-01 2018-03-31 0000884269 us-gaap:OperatingSegmentsMember apt:DisposableProtectiveApparelMember 2018-01-01 2018-03-31 0000884269 us-gaap:OperatingSegmentsMember apt:InfectionControlMember 2018-01-01 2018-03-31 0000884269 srt:ReportableGeographicalComponentsMember 2018-01-01 2018-03-31 0000884269 srt:ReportableGeographicalComponentsMember apt:InternationalMember 2018-01-01 2018-03-31 0000884269 srt:ReportableGeographicalComponentsMember country:US 2018-01-01 2018-03-31 0000884269 apt:MarketableSecuritiesMember 2018-01-01 2018-03-31 0000884269 apt:LegalServicesRelatedPartyMember us-gaap:DirectorMember 2018-01-01 2018-03-31 0000884269 apt:HarmonyMember 2018-01-01 2018-03-31 0000884269 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-03-31 0000884269 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-03-31 0000884269 us-gaap:CommonStockMember 2018-01-01 2018-03-31 0000884269 us-gaap:RetainedEarningsMember 2018-01-01 2018-03-31 0000884269 apt:AlphaProTechEngineeredProductsMember apt:HarmonyMember 2005-12-31 0000884269 apt:MapleIndustriesAndAssociatesMember apt:HarmonyMember 2005-12-31 0000884269 2016-12-31 0000884269 2017-03-31 0000884269 apt:MarketableSecuritiesMember 2017-03-31 0000884269 2017-12-31 0000884269 us-gaap:CorporateNonSegmentMember 2017-12-31 0000884269 us-gaap:OperatingSegmentsMember 2017-12-31 0000884269 us-gaap:OperatingSegmentsMember apt:BuildingSupplyMember 2017-12-31 0000884269 us-gaap:OperatingSegmentsMember apt:DisposableProtectiveApparelMember 2017-12-31 0000884269 us-gaap:OperatingSegmentsMember apt:InfectionControlMember 2017-12-31 0000884269 srt:ReportableGeographicalComponentsMember 2017-12-31 0000884269 srt:ReportableGeographicalComponentsMember apt:InternationalMember 2017-12-31 0000884269 srt:ReportableGeographicalComponentsMember country:US 2017-12-31 0000884269 apt:RelatedLawFirmMember us-gaap:DirectorMember 2017-12-31 0000884269 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000884269 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0000884269 us-gaap:CommonStockMember 2017-12-31 0000884269 us-gaap:RetainedEarningsMember 2017-12-31 0000884269 2018-03-31 0000884269 us-gaap:EmployeeStockOptionMember 2018-03-31 0000884269 us-gaap:CorporateNonSegmentMember 2018-03-31 0000884269 us-gaap:OperatingSegmentsMember 2018-03-31 0000884269 us-gaap:OperatingSegmentsMember apt:BuildingSupplyMember 2018-03-31 0000884269 us-gaap:OperatingSegmentsMember apt:DisposableProtectiveApparelMember 2018-03-31 0000884269 us-gaap:OperatingSegmentsMember apt:InfectionControlMember 2018-03-31 0000884269 srt:ReportableGeographicalComponentsMember 2018-03-31 0000884269 srt:ReportableGeographicalComponentsMember apt:InternationalMember 2018-03-31 0000884269 srt:ReportableGeographicalComponentsMember country:US 2018-03-31 0000884269 apt:MarketableSecuritiesMember 2018-03-31 0000884269 apt:HarmonyMember apt:ManufacturingBuildingProductsMember country:IN 2018-03-31 0000884269 apt:HarmonyMember apt:ManufacturingCoatedMaterialAndSewingProprietaryDisposableProtectiveApparelMember country:IN 2018-03-31 0000884269 apt:HarmonyMember apt:ManufacturingOfBuildingProductsMember country:IN 2018-03-31 0000884269 apt:HarmonyMember apt:SewingProprietaryDisposableProtectiveApparelMember country:IN 2018-03-31 0000884269 apt:HarmonyMember country:IN 2018-03-31 0000884269 apt:RelatedLawFirmMember us-gaap:DirectorMember 2018-03-31 0000884269 apt:HarmonyMember 2018-03-31 0000884269 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-03-31 0000884269 us-gaap:AdditionalPaidInCapitalMember 2018-03-31 0000884269 us-gaap:CommonStockMember 2018-03-31 0000884269 us-gaap:RetainedEarningsMember 2018-03-31 0000884269 2018-05-03 EX-101.SCH 7 apt-20180331.xsd XBRL TAXONOMY EXTENSION SCHEMA 000 - Document - Document And Entity Information link:calculationLink link:definitionLink link:presentationLink 001 - Statement - Condensed Consolidated Balance Sheets (Current Period Unaudited) link:calculationLink link:definitionLink link:presentationLink 002 - Statement - Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) link:calculationLink link:definitionLink link:presentationLink 003 - Statement - Condensed Consolidated Statements of Income (Unaudited) link:calculationLink link:definitionLink link:presentationLink 004 - Statement - Condensed Consolidated Statements of Comprehensive Income (Unaudited) link:calculationLink link:definitionLink link:presentationLink 005 - Statement - Condensed Consolidated Statement of Shareholders' Equity (Unaudited) link:calculationLink link:definitionLink link:presentationLink 006 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited) link:calculationLink link:definitionLink link:presentationLink 007 - Disclosure - Note 1 - The Company link:calculationLink link:definitionLink link:presentationLink 008 - Disclosure - Note 2 - Basis of Presentation and Revenue Recognition Policy link:calculationLink link:definitionLink link:presentationLink 009 - Disclosure - Note 3 - Stock-Based Compensation link:calculationLink link:definitionLink link:presentationLink 010 - Disclosure - Note 4 - Investments link:calculationLink link:definitionLink link:presentationLink 011 - Disclosure - Note 5 - Recent Accounting Pronouncements link:calculationLink link:definitionLink link:presentationLink 012 - Disclosure - Note 6 - Inventories link:calculationLink link:definitionLink link:presentationLink 013 - Disclosure - Note 7 - Equity Investment in Unconsolidated Affiliate link:calculationLink link:definitionLink link:presentationLink 014 - Disclosure - Note 8 - Accrued Liabilities link:calculationLink link:definitionLink link:presentationLink 015 - Disclosure - Note 9 - Basic and Diluted Earnings Per Common Share link:calculationLink link:definitionLink link:presentationLink 016 - Disclosure - Note 10 - Activity of Business Segments link:calculationLink link:definitionLink link:presentationLink 017 - Disclosure - Note 11 - Financial Information about Geographic Areas link:calculationLink link:definitionLink link:presentationLink 018 - Disclosure - Note 12 - Related Party Transactions link:calculationLink link:definitionLink link:presentationLink 019 - Disclosure - Note 13 - Commitments and Contingencies link:calculationLink link:definitionLink link:presentationLink 020 - Document - Note 14 - Subsequent Events link:calculationLink link:definitionLink link:presentationLink 021 - Disclosure - Note 3 - Stock-Based Compensation (Tables) link:calculationLink link:definitionLink link:presentationLink 022 - Disclosure - Note 4 - Investments (Tables) link:calculationLink link:definitionLink link:presentationLink 023 - Disclosure - Note 6 - Inventories (Tables) link:calculationLink link:definitionLink link:presentationLink 024 - Disclosure - Note 8 - Accrued Liabilities (Tables) link:calculationLink link:definitionLink link:presentationLink 025 - Disclosure - Note 9 - Basic and Diluted Earnings Per Common Share (Tables) link:calculationLink link:definitionLink link:presentationLink 026 - Disclosure - Note 10 - Activity of Business Segments (Tables) link:calculationLink link:definitionLink link:presentationLink 027 - Disclosure - Note 11 - Financial Information about Geographic Areas (Tables) link:calculationLink link:definitionLink link:presentationLink 028 - Disclosure - Note 3 - Stock-Based Compensation (Details Textual) link:calculationLink link:definitionLink link:presentationLink 029 - Disclosure - Note 3 - Stock-Based Compensation - Stock Option Activity (Details) link:calculationLink link:definitionLink link:presentationLink 030 - Disclosure - Note 4 - Investments (Details Textual) link:calculationLink link:definitionLink link:presentationLink 031 - Disclosure - Note 4 - Investments - Available-for-sale Marketable Securities (Details) link:calculationLink link:definitionLink link:presentationLink 032 - Disclosure - Note 5 - Recent Accounting Pronouncements (Details Textual) link:calculationLink link:definitionLink link:presentationLink 033 - Disclosure - Note 6 - Inventories - Inventories (Details) link:calculationLink link:definitionLink link:presentationLink 034 - Disclosure - Note 7 - Equity Investment in Unconsolidated Affiliate (Details Textual) link:calculationLink link:definitionLink link:presentationLink 035 - Disclosure - Note 8 - Accrued Liabilities - Accrued Liabilities (Details) link:calculationLink link:definitionLink link:presentationLink 036 - Disclosure - Note 9 - Basic and Diluted Earnings Per Common Share - Reconciliation of Net Income and Number of Shares Used in Computations of Basic and Diluted EPS (Details) link:calculationLink link:definitionLink link:presentationLink 037 - Disclosure - Note 10 - Activity of Business Segments (Details Textual) link:calculationLink link:definitionLink link:presentationLink 038 - Disclosure - Note 10 - Activity of Business Segments - Consolidated Net Sales (Details) link:calculationLink link:definitionLink link:presentationLink 039 - Disclosure - Note 10 - Activity of Business Segments - Reconciliation of Total Segment Income to Total Consolidated Net Income (Details) link:calculationLink link:definitionLink link:presentationLink 040 - Disclosure - Note 10 - Activity of Business Segments - Consolidated Net Property and Equipment, Goodwill and Intangible Assets (Details) link:calculationLink link:definitionLink link:presentationLink 041 - Disclosure - Note 11 - Financial Information about Geographic Areas - Consolidated Net Sales and Long-lived Asset Information by Geographic Area (Details) link:calculationLink link:definitionLink link:presentationLink 042 - Disclosure - Note 12 - Related Party Transactions (Details Textual) link:calculationLink link:definitionLink link:presentationLink 043 - Disclosure - Note 13 - Commitments and Contingencies (Details Textual) link:calculationLink link:definitionLink link:presentationLink EX-101.CAL 8 apt-20180331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 9 apt-20180331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 10 apt-20180331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Document And Entity Information us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate Note To Financial Statement Details Textual Gains previously recognized on warrants Note 3 - Stock-Based Compensation Note 4 - Investments Note 6 - Inventories Note 8 - Accrued Liabilities Note 9 - Basic and Diluted Earnings Per Common Share Note 10 - Activity of Business Segments Note 11 - Financial Information about Geographic Areas Note 3 - Stock-Based Compensation - Stock Option Activity (Details) Note 4 - Investments - Available-for-sale Marketable Securities (Details) Loss included in accumulated other comprehensive loss or reclassifed to retained earnings on Jaunuary 1, 2018 Note 6 - Inventories - Inventories (Details) Change in unrealized gain (loss) on marketable securities, net of tax Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax Note 8 - Accrued Liabilities - Accrued Liabilities (Details) Note 9 - Basic and Diluted Earnings Per Common Share - Reconciliation of Net Income and Number of Shares Used in Computations of Basic and Diluted EPS (Details) Share-based compensation Note 10 - Activity of Business Segments - Consolidated Net Sales (Details) us-gaap_LiabilitiesCurrent Total current liabilities Note 10 - Activity of Business Segments - Reconciliation of Total Segment Income to Total Consolidated Net Income (Details) Note 10 - Activity of Business Segments - Consolidated Net Property and Equipment, Goodwill and Intangible Assets (Details) Note 11 - Financial Information about Geographic Areas - Consolidated Net Sales and Long-lived Asset Information by Geographic Area (Details) Notes To Financial Statements Notes To Financial Statements [Abstract] Consolidated sales us-gaap_Revenues Operating expenses: Share-based Compensation, Stock Options, Activity [Table Text Block] us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities Proceeds from Sale and Maturity of Marketable Securities, Total Alpha Pro Tech Engineered Products [Member] Alpha ProTech Engineered Products [Member] apt_ExpenseToAcquireInventory Expense To Acquire Inventory Purchases from our Joint venture. apt_CumulativeEquityInIncomeOfUnconsolidatedAffiliate Cumulative Equity In Income Of Unconsolidated Affiliate CumulativeEquityInIncomeOfUnconsolidatedAffiliate Building Supply [Member] Building Supply [Member] Disposable Protective Apparel [Member] Disposable Protective Apparel [Member] Infection Control [Member] Infection Control [Member] Depreciation and amortization Depreciation and amortization Consolidated assets Total consolidated assets us-gaap_AssetsCurrent Total current assets Options exercisable (in dollars per share) Options exercisable (in shares) Interest income, net Common stock, $.01 par value: 50,000,000 shares authorized; 14,187,749 and 14,290,749 shares outstanding as of March 31, 2018 and December 31, 2017, respectively Adjustments to reconcile net income to net cash provided by (used in) operating activities: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice Options outstanding (in dollars per share) Options outstanding (in dollars per share) Common stock, shares authorized (in shares) Canceled/expired/forfeited (in dollars per share) Common stock, par value (in dollars per share) Granted to employees and non-employee directors (in dollars per share) Exercised (in dollars per share) Accrued liabilities Accounts payable Product and Service [Axis] Deferred income tax assets us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber Options outstanding (in shares) Options outstanding (in shares) Product and Service [Domain] Marketable Securities [Member] Marketable securities [member Investment, Name [Domain] Commission and bonuses payable and general accrued liabilities Litigation Case [Axis] us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod Canceled/expired/forfeited (in shares) Litigation Case [Domain] Payroll expenses and tax payable us-gaap_PolicyTextBlockAbstract Accounting Policies Investment, Name [Axis] Prepaid expenses Consolidated long-lived assets us-gaap_NoncurrentAssets Geographical [Axis] Geographical [Domain] Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block] Inventories Manufacturing Coated Material and Sewing Proprietary Disposable Protective Apparel [Member] Indicates a facility used for manufacturing coated material and sewing proprietary disposable protective apparel. Sewing Proprietary Disposable Protective Apparel [Member] Indicates a facility used for sewing proprietary disposable protective apparel. Net sales by geographic region Related Law Firm [Member] Represents a related law firm whose majority member is a member of the reporting entity's Board of Directors. Net sales Manufacturing Building Products [Member] Indicates a facility used for manufacturing building products. Long-lived assets by geographic region us-gaap_PaymentsToAcquirePropertyPlantAndEquipment Purchase of property and equipment Add: dilutive effect of common stock options (in shares) Manufacturing Of Building Products [Member] Indicates a facility used for manufacturing of building products. Reconciliation of Assets from Segment to Consolidated [Table Text Block] Reconciliation of Revenue from Segments to Consolidated [Table Text Block] Current liabilities: Shares (denominator): us-gaap_Assets Total assets us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total Cash Flows From Operating Activities: us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1 Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition Schedule of Segment Reporting Information, by Segment [Table Text Block] Statement [Line Items] Allowance for doubtful accounts us-gaap_NumberOfOperatingSegments Number of Operating Segments Accounts receivable, net of allowance for doubtful accounts of $83,000 as of March 31, 2018 and December 31, 2017 us-gaap_LossContingencyDamagesSoughtValue Loss Contingency, Damages Sought, Value Disclosure of Compensation Related Costs, Share-based Payments [Text Block] AOCI Attributable to Parent [Member] Additional paid-in capital Shareholders' equity: us-gaap_NonoperatingIncomeExpense Total other income Segment Reporting Disclosure [Text Block] Equity Award [Domain] Current assets: Basis of Presentation and Significant Accounting Policies [Text Block] Award Type [Axis] Net income Consolidated net income Net income Definite-lived intangible assets, net Accounting Standards Update 2016-09 [Member] us-gaap_NetCashProvidedByUsedInFinancingActivities Net cash used in financing activities Commitments Accounting Standards Update 2016-01 [Member] us-gaap_OperatingIncomeLoss Income from operations Employee Stock Option [Member] us-gaap_NetCashProvidedByUsedInOperatingActivities Net cash provided by (used in) operating activities Other income: us-gaap_NetCashProvidedByUsedInInvestingActivities Net cash used in investing activities International Member International [Member] apt_CurrentPeriodReclassificationAdjustment Current Period Reclassification Adjustment The amount of a reclassification adjustment made to current period financial statement amounts. us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease Decrease in cash us-gaap_GrossProfit Gross profit Cost of goods sold, excluding depreciation and amortization Consolidation Items [Domain] Litigation Status [Axis] Reportable Geographical Components [Member] Litigation Status [Domain] us-gaap_DueToRelatedPartiesCurrentAndNoncurrent Due to Related Parties, Total Pending Litigation [Member] us-gaap_EquityMethodInvestmentAggregateCost Equity Method Investment, Aggregate Cost Commitments and Contingencies Disclosure [Text Block] Property and equipment, net Goodwill Consolidation Items [Axis] us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment Equity Method Investment, Other than Temporary Impairment Type of Adoption [Domain] Harmony [Member] Information by name of investment. Adjustments for New Accounting Pronouncements [Axis] us-gaap_PaymentsOfDividends Payments of Dividends, Total Financial Information about Geographic Areas [Text Block] Entire disclosure for financial information about geographic areas. Cumulative-effect adjustment of change in accounting for unrealized loss on marketable securities Recognition and Measurement of Financial Instruments, Reclassification from AOCI to Retained Earnings, Tax Effect Amount of increase (decrease) in accumulated other comprehensive income (AOCI) for reclassification to retained earnings of tax effect from measurement and recognition of financial instruments that are marked to fair value and reported as available-for-sale. Equity Method Investments and Joint Ventures Disclosure [Text Block] us-gaap_EquityMethodInvestmentOwnershipPercentage Equity Method Investment, Ownership Percentage Cash Flows From Investing Activities: us-gaap_PaymentsForRepurchaseOfCommonStock Repurchase of common stock Retained Earnings [Member] Earnings per common share: Earnings Per Share [Text Block] us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty Related Party Transaction, Expenses from Transactions with Related Party Proceeds from exercise of stock options Equity investments in unconsolidated affiliate Equity in income of unconsolidated affiliate Income (Loss) from Equity Method Investments, Total Equity in income of unconsolidated affiliate us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities Accounts payable and accrued liabilities Additional Paid-in Capital [Member] us-gaap_EquityMethodInvestments Equity Method Investments Common Stock [Member] Related Party Transactions Disclosure [Text Block] Provision for income taxes Provision for income taxes Equity Components [Axis] Equity Component [Domain] us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, Tax us-gaap_OperatingExpenses Total operating expenses Alpha Pro Tech, Inc. v. VWR International, LLC [Member] Related to the litigation case Alpha Pro Tech, Inc. v. VWR International, LLC. Cash Cash, beginning of the period Cash, end of the period us-gaap_AllocatedShareBasedCompensationExpense Allocated Share-based Compensation Expense, Total apt_NumberOfStoresOwned Number Of Stores Owned Represents the number of stores owned. apt_NumberOfStoresRented Number Of Stores Rented Represents the number of stores rented. Amendment Flag Other comprehensive income (loss): Accounting Policies [Abstract] us-gaap_ComprehensiveIncomeNetOfTax Comprehensive income INDIA Common stock, shares outstanding (in shares) Balance (in shares) Balance (in shares) Current Fiscal Year End Date Maple Industries and Associates [Member] Maple industries and associates [member Document Fiscal Period Focus Document Fiscal Year Focus Document Period End Date us-gaap_IncreaseDecreaseInPrepaidExpense Prepaid expenses Legal Entity of Counterparty, Type [Axis] Legal Entity Type of Counterparty [Domain] Document Type Document Information [Line Items] Document Information [Table] us-gaap_NumberOfStores Number of Stores us-gaap_AreaOfRealEstateProperty Area of Real Estate Property Entity Filer Category Entity Current Reporting Status Entity Voluntary Filers Entity Well-known Seasoned Issuer Segments [Axis] Segments [Domain] us-gaap_IncomeLossAttributableToParent Income before provision for income taxes Diluted weighted average common shares outstanding (in shares) Diluted weighted average common shares outstanding (in shares) us-gaap_IncreaseDecreaseInAccountsReceivable Accounts receivable, net Stock-based compensation expense Statement of Comprehensive Income [Abstract] Entity Central Index Key Entity Registrant Name Entity [Domain] Legal Entity [Axis] Statement [Table] Scenario [Axis] Statement of Financial Position [Abstract] Diluted earnings per common share (in dollars per share) Diluted (in dollars per share) Scenario, Unspecified [Domain] Basic weighted average common shares outstanding (in shares) Accounts Payable and Accrued Liabilities Disclosure [Text Block] us-gaap_IncreaseDecreaseInDueFromRelatedParties Accounts receivable, related party Basic earnings per common share (in dollars per share) Basic (in dollars per share) Statement of Cash Flows [Abstract] Entity Common Stock, Shares Outstanding (in shares) Investments Available-for-sale Securities, Current, Total Statement of Stockholders' Equity [Abstract] us-gaap_StockRepurchasedAndRetiredDuringPeriodValue Common stock repurchased and retired Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] us-gaap_StockRepurchasedAndRetiredDuringPeriodShares Common stock repurchased and retired (in shares) Income Statement [Abstract] Unrealized gain recognized in earings since January 1, 2018 Available-for-sale Securities, Gross Unrealized Gain, Total Unrealized gain on marketable securities us-gaap_AvailableForSaleSecuritiesAmortizedCost Cost basis Schedule of Accrued Liabilities [Table Text Block] Investments [Domain] us-gaap_IncreaseDecreaseInInventories Inventories Trading Symbol Investment Type [Axis] Nature of Operations [Text Block] Options exercised (in shares) Exercised (in shares) us-gaap_TableTextBlock Notes Tables Legal Services, Related Party [Member] Legal services rendered by related parties. Schedule of Available-for-sale Securities Reconciliation [Table Text Block] Options exercised Director [Member] New Accounting Pronouncements and Changes in Accounting Principles [Text Block] Related Party [Axis] Related Party [Domain] Selling, general and administrative Granted to employees and non-employee directors (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross Cash Flows From Financing Activities: Raw materials us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital Proceeds from Equity Method Investment, Distribution, Return of Capital us-gaap_LiabilitiesAndStockholdersEquity Total liabilities and shareholders' equity Finished goods Work in process UNITED STATES Corporate, Non-Segment [Member] Related Party Transaction [Axis] Related Party Transaction [Domain] Accounts receivable, related party Retained earnings Accumulated other comprehensive loss Changes in assets and liabilities: us-gaap_StockholdersEquity Total shareholders' equity Balance Balance us-gaap_DisclosureTextBlockAbstract Notes to Financial Statements Inventory Disclosure [Text Block] Schedule of Inventory, Current [Table Text Block] Class of Stock [Axis] Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Subsequent Events [Text Block] Operating Segments [Member] us-gaap_EquityMethodInvestmentDividendsOrDistributions Proceeds from Equity Method Investment, Distribution EX-101.PRE 11 apt-20180331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 12 R1.htm IDEA: XBRL DOCUMENT v3.8.0.1
Document And Entity Information - shares
3 Months Ended
Mar. 31, 2018
May 03, 2018
Document Information [Line Items]    
Entity Registrant Name ALPHA PRO TECH LTD  
Entity Central Index Key 0000884269  
Trading Symbol apt  
Current Fiscal Year End Date --12-31  
Entity Filer Category Smaller Reporting Company  
Entity Current Reporting Status Yes  
Entity Voluntary Filers No  
Entity Well-known Seasoned Issuer No  
Entity Common Stock, Shares Outstanding (in shares)   14,187,747
Document Type 10-Q  
Document Period End Date Mar. 31, 2018  
Document Fiscal Year Focus 2018  
Document Fiscal Period Focus Q1  
Amendment Flag false  
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash $ 5,666,000 $ 8,763,000 [1]
Investments 375,000 343,000 [1]
Accounts receivable, net of allowance for doubtful accounts of $83,000 as of March 31, 2018 and December 31, 2017 6,463,000 4,597,000 [1]
Accounts receivable, related party 381,000 361,000 [1]
Inventories 10,635,000 10,249,000 [1]
Prepaid expenses 3,455,000 2,665,000 [1]
Total current assets 26,975,000 26,978,000 [1]
Property and equipment, net 3,115,000 3,158,000 [1]
Goodwill 55,000 55,000 [1]
Definite-lived intangible assets, net 20,000 21,000 [1]
Deferred income tax assets 19,000 19,000 [1]
Equity investments in unconsolidated affiliate 4,032,000 3,893,000 [1]
Total assets 34,216,000 34,124,000 [1]
Current liabilities:    
Accounts payable 1,042,000 1,236,000 [1]
Accrued liabilities 1,764,000 1,565,000 [1]
Total current liabilities 2,806,000 2,801,000 [1]
Commitments
Shareholders' equity:    
Common stock, $.01 par value: 50,000,000 shares authorized; 14,187,749 and 14,290,749 shares outstanding as of March 31, 2018 and December 31, 2017, respectively 142,000 143,000 [1]
Additional paid-in capital 4,995,000 5,415,000 [1]
Accumulated other comprehensive loss (458,000) [1]
Retained earnings 26,273,000 26,223,000 [1]
Total shareholders' equity 31,410,000 31,323,000 [1]
Total liabilities and shareholders' equity $ 34,216,000 $ 34,124,000 [1]
[1] The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date.
XML 14 R3.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
[1]
Allowance for doubtful accounts $ 83,000 $ 83,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 50,000,000 50,000,000
Common stock, shares outstanding (in shares) 14,187,749 14,290,749
[1] The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date.
XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net sales $ 11,442,000 $ 10,751,000
Cost of goods sold, excluding depreciation and amortization 6,987,000 6,457,000
Gross profit 4,455,000 4,294,000
Operating expenses:    
Selling, general and administrative 3,881,000 3,474,000
Depreciation and amortization 146,000 154,000
Total operating expenses 4,027,000 3,628,000
Income from operations 428,000 666,000
Other income:    
Equity in income of unconsolidated affiliate 139,000 105,000
Unrealized gain recognized in earings since January 1, 2018 32,000
Interest income, net 1,000 1,000
Total other income 172,000 106,000
Income before provision for income taxes 600,000 772,000
Provision for income taxes 92,000 222,000
Net income $ 508,000 $ 550,000
Basic earnings per common share (in dollars per share) $ 0.04 $ 0.04
Diluted earnings per common share (in dollars per share) $ 0.04 $ 0.04
Basic weighted average common shares outstanding (in shares) 14,217,919 15,207,659
Diluted weighted average common shares outstanding (in shares) 14,383,005 15,301,801
XML 16 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net income $ 508,000 $ 550,000
Other comprehensive income (loss):    
Change in unrealized gain (loss) on marketable securities, net of tax (77,000)
Comprehensive income $ 508,000 $ 473,000
XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - 3 months ended Mar. 31, 2018 - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Dec. 31, 2017 14,290,749       14,290,749 [1]
Balance at Dec. 31, 2017 $ 143,000 $ 5,415,000 $ (458,000) $ 26,223,000 $ 31,323,000 [2]
Common stock repurchased and retired (in shares) (153,000)        
Common stock repurchased and retired $ (1,000) (575,000) (576,000)
Stock-based compensation expense 78,000 $ 78,000
Options exercised (in shares) 50,000       50,000
Options exercised 77,000 $ 77,000
Net income 508,000 $ 508,000
Cumulative-effect adjustment of change in accounting for unrealized loss on marketable securities     458,000 (458,000)  
Balance (in shares) at Mar. 31, 2018 14,187,749       14,187,749
Balance at Mar. 31, 2018 $ 142,000 $ 4,995,000 $ 26,273,000 $ 31,410,000
[1] The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date.
[2] The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date.
XML 18 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows From Operating Activities:    
Net income $ 508,000 $ 550,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Share-based compensation 78,000 81,000
Depreciation and amortization 146,000 154,000
Unrealized gain on marketable securities (32,000)
Equity in income of unconsolidated affiliate (139,000) (105,000)
Changes in assets and liabilities:    
Accounts receivable, net (1,866,000) (866,000)
Accounts receivable, related party (20,000) 65,000
Inventories (386,000) 315,000
Prepaid expenses (790,000) 391,000
Accounts payable and accrued liabilities 5,000 (423,000)
Net cash provided by (used in) operating activities (2,496,000) 162,000
Cash Flows From Investing Activities:    
Purchase of property and equipment (102,000) (584,000)
Net cash used in investing activities (102,000) (584,000)
Cash Flows From Financing Activities:    
Proceeds from exercise of stock options 77,000
Repurchase of common stock (576,000) (1,150,000)
Net cash used in financing activities (499,000) (1,150,000)
Decrease in cash (3,097,000) (1,572,000)
Cash, beginning of the period 8,763,000 [1] 9,456,000
Cash, end of the period $ 5,666,000 $ 7,884,000
[1] The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date.
XML 19 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 1 - The Company
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Nature of Operations [Text Block]
1.
The Company
 
Alpha Pro Tech, Ltd. (“Alpha Pro Tech” or the “Company”) is in the business of protecting people, products and environments. The Company accomplishes this by developing, manufacturing and marketing a line of building supply products for the new home and re-roofing markets; a line of disposable protective apparel for the cleanroom, industrial and pharmaceutical markets; and a line of infection control products for the medical and dental markets.
 
The Building Supply segment consists of construction weatherization products, such as housewrap and synthetic roof underlayment, as well as other woven material.
 
The Disposable Protective Apparel segment consists of a complete line of shoecovers, bouffant caps, coveralls, gowns, frocks and lab coats.
 
The Infection Control segment consists of a line of face masks and eye shields.
 
The Company’s products are sold under the "Alpha Pro Tech" brand name and under private label, and are predominantly sold in the United States of America (“US”).
XML 20 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 2 - Basis of Presentation and Revenue Recognition Policy
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Basis of Presentation and Significant Accounting Policies [Text Block]
2.
Basis of Presentation and Revenue Recognition Policy
 
The interim financial information included herein is unaudited; however, the information reflects all adjustments (consisting of normal recurring adjustments) that are, in the opinion of management, necessary for the fair presentation of the consolidated financial position, results of operations and cash flows for the interim periods. These interim condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) and, therefore, omit certain information and note disclosures necessary to present the statements in accordance with US generally accepted accounting principles (“US GAAP”). The interim condensed consolidated financial statements should be read in conjunction with the Company’s current year SEC filings on Form
8
-K, as well as the consolidated financial statements for the year ended
December 31, 2017,
which are included in the Company’s Annual Report on Form
10
-K (the
“2017
Form
10
-K”), which was filed on
March 12, 2018.
The results of operations for the
three
months ended
March 31, 2018
reported in this Form
10
-Q are
not
necessarily indicative of the results to be expected for the full year. The condensed consolidated balance sheet as of
December 31, 2017
was prepared using information from the audited consolidated balance sheet contained in the
2017
Form
10
-K and does
not
include all disclosures required by US GAAP for annual consolidated financial statements.
 
The Company adopted Accounting Standards Update
2014
-
09,
Revenue from Contracts with Customers
(Topic
606
) effective
January 1, 2018
on a full retrospective basis. Adoption of this standard did
not
result in significant changes to our accounting policies, business processes, systems or controls, or have a material impact on our financial position, results of operations and cash flows or related disclosures. As such, prior period financial statements were
not
recast. The Company recognizes revenue for the transfer of promised goods to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods. The Company typically satisfies its performance obligations in contracts with customers upon shipment of the goods. Generally, payment is due from customers within a fixed number of days of the invoice date and the contracts do
not
have significant financing components.
 
The Company has determined that control does
not
pass at the time of manufacture for private label goods, based on the nature of the private labeling.
 
See Notes
10
and
11
for revenue disaggregated by type and by geographic region.
XML 21 R10.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 3 - Stock-Based Compensation
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
3.
S
tock
-
Based Compensation
 
The Company maintains a stock option plan under which the Company
may
grant incentive stock options and non-qualified stock options to employees and non-employee directors. Stock options have been granted with exercise prices at or above the fair market value of the underlying shares of common stock on the date of grant. Options vest and expire according to terms established at the grant date.
 
The Company records compensation expense for the fair value of stock-based awards determined as of the grant date, including employee stock options, over the determined requisite service period, which is generally ratably over the vesting term.
 
For the
three
months ended
March 31, 2018
and
2017,
289,750,
and
0,
respectively, of stock options were granted under the Company’s option plan. The Company recognized
$78,000
and
$81,000
in stock-based compensation expense for the
three
months ended
March 31, 2018
and
2017,
respectively.
 
The Company uses the Black-Scholes option-pricing model to value the options. The Company uses historical data to estimate the life of the options. The risk-free interest rate for periods within the contractual life of the award is based on the US Treasury yield curve in effect at the time of grant. The estimated volatility is based on historical volatility and management’s expectations of future volatility. The Company uses an estimated dividend payout of zero, as the Company has
not
paid dividends in the past and, at this time, does
not
expect to do so in the future.
 
The following table summarizes stock option activity for the
three
months ended
March 31, 2018:
 
   
 
 
 
 
Weighted
 
   
 
 
 
 
Average
 
   
 
 
 
 
Exercise Price
 
   
Options
   
Per Option
 
                 
Options outstanding, December 31, 2017
   
884,998
    $
2.26
 
Granted to employees and non-employee directors
   
289,750
     
3.20
 
Exercised
   
(50,000
)    
1.53
 
Canceled/expired/forfeited
   
-
     
0.00
 
Options outstanding, March 31, 2018
   
1,124,748
     
2.53
 
Options exercisable, March 31, 2018
   
313,334
     
2.02
 
 
As of
March 31, 2018,
$560,000
of total unrecognized compensation cost related to stock options was expected to be recognized over a weighted average period of
2.55
years.
XML 22 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 4 - Investments
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]
4.
Investments
 
As of
March 31, 2018
and
December 31, 2017,
investments totaled
$375,000
and
$343,000
respectively, which consisted of equity securities.
 
The following provides information regarding the Company’s marketable securities as of
March 31, 2018
and
December 31, 2017:
 
   
March 31,
   
December 31,
 
   
2018
   
2017
 
Cost basis
  $
543,000
    $
543,000
 
Gains previously recognized on warrants
   
380,000
     
380,000
 
Loss included in accumulated other comprehensive loss or reclassifed to retained earnings on Jaunuary 1, 2018
   
(580,000
)    
(580,000
)
Unrealized gain recognized in earings since January 1, 2018
   
32,000
     
-
 
Fair value
  $
375,000
    $
343,000
 
 
 
No
marketable securities were sold during the
three
months ended
March 31, 2018
and the year ended
December 31, 2017.
The unrealized gain of
$32,000
since
January 1, 2018
is recognized in the statement of income for the
three
months ended
March 31, 2018.
The unrealized loss of
$77,000
in the statement of comprehensive income is presented net of tax for the
three
months ended
March 31, 2018.
The tax benefit on the unrealized loss was
$30,000
for the
three
months ended
March 31, 2017.
XML 23 R12.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 5 - Recent Accounting Pronouncements
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]
5.
Recent Accounting Pronouncements
 
Accounting Standards Update (“ASU”)
2014
-
09,
Revenue from Contracts with Customers
(Topic
606
) (“ASU
2014
-
09”
) is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration that it expects to receive in exchange for those goods or services. In adopting ASU
2014
-
09,
companies
may
use either a full retrospective or a modified retrospective approach. ASU
2014
-
09
is effective for the
first
interim period within an annual reporting period beginning after
December 15, 2017,
and early adoption is
not
permitted. The Company adopted ASU
2014
-
09
during the
first
quarter of
2018.
Management evaluated the provisions of this update and has determined that its adoption did
not
have a significant impact on the Company’s financial position or results of operations.
 
In
January 2016,
the FASB issued ASU
2016
-
01,
Financial Instruments
-
Overall
(Subtopic
825
-
10
):
Recognition and Measurement of Financial Assets and Financial Liabilities
, which provides guidance for the recognition, measurement, presentation and disclosure of financial instruments. The new guidance revises the accounting requirements related to the classification and measurement of investments in equity securities and the presentation of certain fair value changes for financial liabilities measured at fair value.  The guidance also changes certain disclosure requirements associated with the fair value of financial instruments. These changes will require an entity to measure, at fair value, investments in equity securities and other ownership interests in an entity and recognize the changes in fair value within net income. The guidance is effective for fiscal years and interim periods within those years beginning after
December 15, 2017.
As a result of adopting this guidance effective
January 1, 2018,
the Company recorded a cumulative-effect adjustment to reclassify the
$458,000
accumulated other comprehensive loss balance to retained earnings, which balance was the result of unrealized losses on marketable securities. Effective,
January 1, 2018
unrealized gains and losses on marketable securities are recorded on the statement of income.
 
In
February 2016,
the FASB issued ASU
2016
-
02,
Leases
(Topic
842
), which requires lessees to recognize most leases on the balance sheet. The provisions of this guidance are effective for annual periods beginning after
December 15, 2018
and interim periods within those years, with early adoption permitted. Management is evaluating the requirements of this guidance and has
not
yet determined the impact of the adoption on the Company’s financial position or results of operations.
 
In
March 2016,
the FASB issued ASU
2016
-
09,
Compensation
-
Stock Compensation
(Topic
718
):
Improvements to Employee Share-Based Payment Accounting
, which simplifies several aspects of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, an option to recognize gross stock compensation expense with actual forfeitures recognized as they occur, as well as certain classifications on the statement of cash flows. The provisions of this guidance were effective for annual reporting periods beginning after
December 15, 2016
and interim periods within those annual periods, with early adoption permitted. The Company adopted this guidance during the quarter ended
March 31, 2017,
and the Company recorded a
one
-time
$866,000
cumulative-effect adjustment to reduce additional paid-in capital and increase retained earnings for excess tax benefits from stock option exercises that had previously been recorded to additional paid-in capital. The adoption of this guidance also increased the number of dilutive shares because excess tax benefits are
no
longer included in the assumed proceeds when calculating the number of dilutive shares. In addition, the effective tax rate will be reduced in future periods when there are excess tax benefits from stock options exercised.
 
Management periodically reviews new accounting standards that are issued. Management has
not
identified any other new standards that it believes merit further discussion at this time.
XML 24 R13.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 6 - Inventories
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Inventory Disclosure [Text Block]
6.
Inventories
 
As of
March 31, 2018
and
December 31, 2017,
inventories consisted of the following:
 
   
March 31,
   
December 31,
 
   
2018
   
2017
 
                 
Raw materials
  $
4,620,000
    $
4,567,000
 
Work in process
   
1,239,000
     
1,058,000
 
Finished goods
   
4,776,000
     
4,624,000
 
    $
10,635,000
    $
10,249,000
 
XML 25 R14.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 7 - Equity Investment in Unconsolidated Affiliate
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Equity Method Investments and Joint Ventures Disclosure [Text Block]
7
.
Equity
I
nvestment in Unconsolidated Affiliate
 
In
2005,
Alpha ProTech Engineered Products, Inc. (a subsidiary of Alpha Pro Tech, Ltd.) entered into a joint venture with a manufacturer in India for the production of building products. Under the terms of the joint venture agreement, a private company, Harmony Plastics Private Limited (“Harmony”), was created with ownership interests of
41.66%
by Alpha ProTech Engineered Products, Inc. and
58.34%
by Maple Industries and Associates.
 
This joint venture positions Alpha ProTech Engineered Products, Inc. to respond to current and expected increased product demand for housewrap and synthetic roof underlayment and provides future capacity for sales of specialty roofing component products and custom products for industrial applications requiring high quality extrusion coated fabrics. In addition, the joint venture now supplies products for the Disposable Protective Apparel segment.
 
The capital from the initial funding and a bank loan, which loan is guaranteed exclusively by the individual shareholders of Maple Industries and associates and collateralized by the assets of Harmony, were utilized to purchase the original manufacturing facility in India. Harmony currently has
four
facilities in India (
three
owned and
one
rented), consisting of: (
1
) a
113,000
square foot building for manufacturing building products; (
2
) a
73,000
square foot building for manufacturing coated material and sewing proprietary disposable protective apparel; (
3
) a
16,000
square foot facility for sewing proprietary disposable protective apparel; (
4
) a
93,000
square foot rental for manufacturing of Building Supply segment products. All additions have been financed by Harmony with
no
guarantees from the Company.
 
In accordance with Accounting Standards Codification (“ASC”)
810,
Consolidation
, the Company assesses whether or
not
related entities are variable interest entities (“VIEs”). For those related entities that qualify as VIEs, ASC
810
requires the Company to determine whether or
not
the Company is the primary beneficiary of the VIE, and, if so, to consolidate the VIE. The Company has determined that Harmony is
not
a VIE and is, therefore, considered to be an unconsolidated affiliate.
 
The Company records its investment in Harmony as “equity investment in unconsolidated affiliate” in the accompanying condensed consolidated balance sheets. The Company records its equity interest in Harmony’s results of operations as “equity in income of unconsolidated affiliate” in the accompanying condensed consolidated statements of income. The Company periodically reviews its investment in Harmony for impairment. Management has determined that
no
impairment was required as of
March 31, 2018
and
December 31, 2017.
 
For the
three
months ended
March 31, 2018
and
2017,
Alpha Pro Tech purchased
$3,974,000
and
$3,627,000
of inventories, respectively, from Harmony.
 
For the
three
months ended
March 31, 2018
and
2017,
the Company recorded equity in income of unconsolidated affiliate of
$139,000
and
$105,000,
respectively, related to Harmony.
 
As of
March 31, 2018,
the Company’s investment in Harmony was
$4,032,000,
which consisted of its original
$1,450,000
investment and cumulative equity in income of unconsolidated affiliate of
$3,601,000,
less
$942,000
in repayments of the advance and
$77,000
in dividends.
XML 26 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 8 - Accrued Liabilities
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Accounts Payable and Accrued Liabilities Disclosure [Text Block]
8
. Accrued Liabilities
 
As of
March 31, 2018
and
December 31, 2017,
accrued liabilities consisted of the following:
 
   
March 31,
   
December 31,
 
   
2018
   
2017
 
                 
Payroll expenses and tax payable
  $
120,000
    $
232,000
 
Commission and bonuses payable and general accrued liabilities
   
1,644,000
     
1,333,000
 
    $
1,764,000
    $
1,565,000
 
XML 27 R16.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 9 - Basic and Diluted Earnings Per Common Share
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
9
.
Basic and Diluted
Earnings
Per
Common
Share
 
The following table provides a reconciliation of both net income and the number of shares used in the computation of “basic” earnings per common share (“EPS”), which utilizes the weighted average number of common shares outstanding without regard to dilutive shares, and “diluted” EPS, which includes all such dilutive shares, for the
three
months ended
March 31, 2018
and
2017.
 
   
For the Three Months Ended
 
   
March 31,
 
   
2018
   
2017
 
Net income (numerator)
  $
508,000
    $
550,000
 
                 
Shares (denominator):
               
Basic weighted average common shares outstanding
   
14,217,919
     
15,207,659
 
Add: dilutive effect of common stock options
   
165,086
     
94,142
 
                 
Diluted weighted average common shares outstanding
   
14,383,005
     
15,301,801
 
                 
Earnings per common share:
               
Basic
  $
0.04
    $
0.04
 
Diluted
  $
0.04
    $
0.04
 
XML 28 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 10 - Activity of Business Segments
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
10
.
Activity of Business Segments
 
 
The Company operates through
three
business segments:
 
Building Supply
: consisting of a line of construction supply weatherization products. The construction supply weatherization products consist of housewrap and synthetic roof underlayment, as well as other woven material. The majority of the Company’s equity in income of unconsolidated affiliate (Harmony) is included in the total segment income for the Building Supply segment.
 
Disposable Protective Apparel
: consisting of a complete line of disposable protective clothing, such as shoecovers (including the Aqua Trak® and spunbond shoecovers), bouffant caps, coveralls, frocks, lab coats, gowns and hoods for the pharmaceutical, cleanroom, industrial and medical markets. A portion of the Company’s equity in income of unconsolidated affiliate (Harmony) is included in the total segment income for the Disposable Protective Apparel segment.
 
Infection Control
: consisting of a line of face masks and eye shields.
 
Segment data excludes charges allocated to the principal executive office and other unallocated expenses and income tax. The Company evaluates the performance of its segments and allocates resources to them based primarily on net sales.
 
The following table presents consolidated net sales for each segment for the
three
months ended
March 31, 2018
and
2017:
 
   
For the Three Months Ended
 
   
March 31,
 
   
2018
   
2017
 
Building Supply
  $
6,669,000
    $
5,939,000
 
Disposable Protective Apparel
   
3,232,000
     
3,295,000
 
Infection Control
   
1,541,000
     
1,517,000
 
Consolidated net sales
  $
11,442,000
    $
10,751,000
 
 
 
The following table presents the reconciliation of consolidated segment income to consolidated net income for the
three
months ended
March 31, 2018
and
2017:
 
   
For the Three Months Ended
 
   
March 31,
 
   
2018
   
2017
 
Building Supply
  $
994,000
    $
962,000
 
Disposable Protective Apparel
   
290,000
     
458,000
 
Infection Control
   
733,000
     
596,000
 
Total segment income
   
2,017,000
     
2,016,000
 
                 
Unallocated corporate overhead expenses
   
1,417,000
     
1,244,000
 
Provision for income taxes
   
92,000
     
222,000
 
Consolidated net income
  $
508,000
    $
550,000
 
 
The following table presents the consolidated net property and equipment, goodwill and definite-lived intangible assets (“consolidated assets”) by segment as of
March 31, 2018
and
December 31, 2017:
 
   
March 31,
   
December 31,
 
   
2018
   
2017
 
                 
Building Supply
  $
2,050,000
    $
2,098,000
 
Disposable Protective Apparel
   
325,000
     
336,000
 
Infection Control
   
12,000
     
13,000
 
Total segment assets
   
2,387,000
     
2,447,000
 
                 
Unallocated corporate assets
   
803,000
     
787,000
 
Total consolidated assets
  $
3,190,000
    $
3,234,000
 
XML 29 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 11 - Financial Information about Geographic Areas
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Financial Information about Geographic Areas [Text Block]
11.
Financial
Information about Geographic Areas
 
 
The following table summarizes the Company’s net sales by geographic region for the Company’s the
three
months ended
March 31, 2018
and
2017.
All amounts have been rounded to the nearest thousand.
 
   
For the Three Months Ended
 
   
March 31,
 
   
2018
   
2017
 
Net sales by geographic region
               
United States
  $
11,198,000
    $
10,599,000
 
International
   
244,000
     
152,000
 
                 
Consolidated net sales
  $
11,442,000
    $
10,751,000
 
 
Net sales by geographic region are based on the countries in which our customers are located. For the
three
months ended
March 31, 2018
and the year ended
December 31, 2017,
the Company did
not
generate sales from any single country, other than the United States, that were significant to the Company’s consolidated net sales.
 
 
The following table summarizes the locations of the Company’s long-lived assets by geographic region as of
March 31, 2018
and
December 31, 2017.
 
   
March 31,
   
December 31,
 
   
2018
   
2017
 
Long-lived assets by geographic region
               
United States
  $
2,644,000
    $
2,593,000
 
International
   
471,000
     
565,000
 
                 
Consolidated total long-lived assets
  $
3,115,000
    $
3,158,000
 
XML 30 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 12 - Related Party Transactions
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
1
2
.
Related Party Transactions
 
The Company previously used a law firm for certain legal matters whose majority member was a member of the Company’s Board of Directors until his resignation on
March 31, 2017.
For the
three
months ended
March 31, 2018
and
2017,
the Company expensed
$0
and
$40,000,
respectively, for legal services from this related party. As of
March 31, 2018
and
2017,
the Company’s outstanding balance to this related party was
$0
and
$203,000,
respectively.
XML 31 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 13 - Commitments and Contingencies
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]
1
3
. Commitments
and Contingencies
 
The Company has been involved in protracted litigation against a competitor in an action styled Alpha Pro Tech, Inc. v. VWR International, LLC, pending in the U.S. District Court for the Eastern District of Pennsylvania, CV
12
-
1615,
wherein the Company originally sought damages for unfair trade practices and false advertising against the competitor, and the competitor counterclaimed asserting similar claims against the Company.  In
August
of
2017,
the court ruled against the Company on its claims against the competitor. The competitor, as the prevailing party with respect to those claims, subsequently filed a motion seeking to recover from the Company an amount in excess of
$2
million in attorneys’ fees and costs, which motion was granted by the court. In
November
of
2017,
the Company, in consultation with new litigation counsel, filed a motion to reconsider the attorneys’ fee award. The court heard arguments on the motion to reconsider at a hearing in
February
of
2018.
At the hearing, the court encouraged the parties to attempt to settle the matter in advance of a ruling on the motion to reconsider (which motion was ultimately denied), and the parties subsequently mediated the matter in
April
of
2018.
As a result of the mediation and the parties’ further discussions, the parties have reached an agreement in principle for the terms of a settlement of the attorneys’ fee claim and are currently working together to document the settlement terms. The Company has accrued in its financial statements the amount agreed upon for the settlement. The Company is in the process of evaluating avenues for recovery of the settlement amount from former litigation counsel; however, there can be
no
assurance as to the ultimate amount of any such recovery.
XML 32 R21.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 14 - Subsequent Events
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Subsequent Events [Text Block]
1
4
. Subsequent Events
 
The Company has reviewed and evaluated whether subsequent events have occurred from the condensed consolidated balance sheet date of
March 31, 2018
through the filing date of this Quarterly Report on Form
10
-Q that would require accounting or disclosure and has concluded that there was a subsequent event.
 
Effective
April 22, 2018,
the Generalized System of Preferences (GSP) has renewed duty free treatment to goods of beneficiary countries, and is retroactive to
January 1, 2018, w
hich means to us that certain goods that were duty free in
2017
are now duty free in
2018
through
December 31, 2020. 
XML 33 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 3 - Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2018
Notes Tables  
Share-based Compensation, Stock Options, Activity [Table Text Block]
   
 
 
 
 
Weighted
 
   
 
 
 
 
Average
 
   
 
 
 
 
Exercise Price
 
   
Options
   
Per Option
 
                 
Options outstanding, December 31, 2017
   
884,998
    $
2.26
 
Granted to employees and non-employee directors
   
289,750
     
3.20
 
Exercised
   
(50,000
)    
1.53
 
Canceled/expired/forfeited
   
-
     
0.00
 
Options outstanding, March 31, 2018
   
1,124,748
     
2.53
 
Options exercisable, March 31, 2018
   
313,334
     
2.02
 
XML 34 R23.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 4 - Investments (Tables)
3 Months Ended
Mar. 31, 2018
Notes Tables  
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]
   
March 31,
   
December 31,
 
   
2018
   
2017
 
Cost basis
  $
543,000
    $
543,000
 
Gains previously recognized on warrants
   
380,000
     
380,000
 
Loss included in accumulated other comprehensive loss or reclassifed to retained earnings on Jaunuary 1, 2018
   
(580,000
)    
(580,000
)
Unrealized gain recognized in earings since January 1, 2018
   
32,000
     
-
 
Fair value
  $
375,000
    $
343,000
 
XML 35 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 6 - Inventories (Tables)
3 Months Ended
Mar. 31, 2018
Notes Tables  
Schedule of Inventory, Current [Table Text Block]
   
March 31,
   
December 31,
 
   
2018
   
2017
 
                 
Raw materials
  $
4,620,000
    $
4,567,000
 
Work in process
   
1,239,000
     
1,058,000
 
Finished goods
   
4,776,000
     
4,624,000
 
    $
10,635,000
    $
10,249,000
 
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 8 - Accrued Liabilities (Tables)
3 Months Ended
Mar. 31, 2018
Notes Tables  
Schedule of Accrued Liabilities [Table Text Block]
   
March 31,
   
December 31,
 
   
2018
   
2017
 
                 
Payroll expenses and tax payable
  $
120,000
    $
232,000
 
Commission and bonuses payable and general accrued liabilities
   
1,644,000
     
1,333,000
 
    $
1,764,000
    $
1,565,000
 
XML 37 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 9 - Basic and Diluted Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2018
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   
For the Three Months Ended
 
   
March 31,
 
   
2018
   
2017
 
Net income (numerator)
  $
508,000
    $
550,000
 
                 
Shares (denominator):
               
Basic weighted average common shares outstanding
   
14,217,919
     
15,207,659
 
Add: dilutive effect of common stock options
   
165,086
     
94,142
 
                 
Diluted weighted average common shares outstanding
   
14,383,005
     
15,301,801
 
                 
Earnings per common share:
               
Basic
  $
0.04
    $
0.04
 
Diluted
  $
0.04
    $
0.04
 
XML 38 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 10 - Activity of Business Segments (Tables)
3 Months Ended
Mar. 31, 2018
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
   
For the Three Months Ended
 
   
March 31,
 
   
2018
   
2017
 
Building Supply
  $
6,669,000
    $
5,939,000
 
Disposable Protective Apparel
   
3,232,000
     
3,295,000
 
Infection Control
   
1,541,000
     
1,517,000
 
Consolidated net sales
  $
11,442,000
    $
10,751,000
 
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]
   
For the Three Months Ended
 
   
March 31,
 
   
2018
   
2017
 
Building Supply
  $
994,000
    $
962,000
 
Disposable Protective Apparel
   
290,000
     
458,000
 
Infection Control
   
733,000
     
596,000
 
Total segment income
   
2,017,000
     
2,016,000
 
                 
Unallocated corporate overhead expenses
   
1,417,000
     
1,244,000
 
Provision for income taxes
   
92,000
     
222,000
 
Consolidated net income
  $
508,000
    $
550,000
 
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
   
March 31,
   
December 31,
 
   
2018
   
2017
 
                 
Building Supply
  $
2,050,000
    $
2,098,000
 
Disposable Protective Apparel
   
325,000
     
336,000
 
Infection Control
   
12,000
     
13,000
 
Total segment assets
   
2,387,000
     
2,447,000
 
                 
Unallocated corporate assets
   
803,000
     
787,000
 
Total consolidated assets
  $
3,190,000
    $
3,234,000
 
XML 39 R28.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 11 - Financial Information about Geographic Areas (Tables)
3 Months Ended
Mar. 31, 2018
Notes Tables  
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
   
For the Three Months Ended
 
   
March 31,
 
   
2018
   
2017
 
Net sales by geographic region
               
United States
  $
11,198,000
    $
10,599,000
 
International
   
244,000
     
152,000
 
                 
Consolidated net sales
  $
11,442,000
    $
10,751,000
 
   
March 31,
   
December 31,
 
   
2018
   
2017
 
Long-lived assets by geographic region
               
United States
  $
2,644,000
    $
2,593,000
 
International
   
471,000
     
565,000
 
                 
Consolidated total long-lived assets
  $
3,115,000
    $
3,158,000
 
XML 40 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 3 - Stock-Based Compensation (Details Textual) - USD ($)
xbrli-pure in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross 289,750 0
Allocated Share-based Compensation Expense, Total $ 78,000 $ 81,000
Payments of Dividends, Total $ 0  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate 0.00%  
Employee Stock Option [Member]    
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total $ 560,000  
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition 2 years 200 days  
XML 41 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 3 - Stock-Based Compensation - Stock Option Activity (Details) - $ / shares
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Options outstanding (in shares) 884,998  
Options outstanding (in dollars per share) $ 2.26  
Granted to employees and non-employee directors (in shares) 289,750 0
Granted to employees and non-employee directors (in dollars per share) $ 3.20  
Exercised (in shares) (50,000)  
Exercised (in dollars per share) $ 1.53  
Canceled/expired/forfeited (in shares)  
Canceled/expired/forfeited (in dollars per share) $ 0  
Options outstanding (in shares) 1,124,748  
Options outstanding (in dollars per share) $ 2.53  
Options exercisable (in shares) 313,334  
Options exercisable (in dollars per share) $ 2.02  
XML 42 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 4 - Investments (Details Textual) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Available-for-sale Securities, Current, Total $ 375,000   $ 343,000 [1]
Proceeds from Sale and Maturity of Marketable Securities, Total 0   $ 0
Available-for-sale Securities, Gross Unrealized Gain, Total 32,000  
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax (77,000)  
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, Tax   $ 30,000  
[1] The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date.
XML 43 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 4 - Investments - Available-for-sale Marketable Securities (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
[1]
Unrealized gain recognized in earings since January 1, 2018 $ 32,000  
Available-for-sale Securities, Current, Total 375,000   $ 343,000
Marketable Securities [Member]      
Cost basis 543,000 543,000  
Gains previously recognized on warrants 380,000 380,000  
Loss included in accumulated other comprehensive loss or reclassifed to retained earnings on Jaunuary 1, 2018 (580,000) (580,000)  
Unrealized gain recognized in earings since January 1, 2018 32,000  
Available-for-sale Securities, Current, Total $ 375,000 $ 343,000  
[1] The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date.
XML 44 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 5 - Recent Accounting Pronouncements (Details Textual) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
AOCI Attributable to Parent [Member]    
Recognition and Measurement of Financial Instruments, Reclassification from AOCI to Retained Earnings, Tax Effect $ 458,000  
Retained Earnings [Member]    
Recognition and Measurement of Financial Instruments, Reclassification from AOCI to Retained Earnings, Tax Effect (458,000)  
Accounting Standards Update 2016-01 [Member] | AOCI Attributable to Parent [Member]    
Recognition and Measurement of Financial Instruments, Reclassification from AOCI to Retained Earnings, Tax Effect 458,000  
Accounting Standards Update 2016-01 [Member] | Retained Earnings [Member]    
Recognition and Measurement of Financial Instruments, Reclassification from AOCI to Retained Earnings, Tax Effect $ (458,000)  
Accounting Standards Update 2016-09 [Member] | Additional Paid-in Capital [Member]    
Current Period Reclassification Adjustment   $ (866,000)
XML 45 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 6 - Inventories - Inventories (Details) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Raw materials $ 4,620,000 $ 4,567,000
Work in process 1,239,000 1,058,000
Finished goods 4,776,000 4,624,000
$ 10,635,000 $ 10,249,000 [1]
[1] The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date.
XML 46 R35.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 7 - Equity Investment in Unconsolidated Affiliate (Details Textual)
3 Months Ended 12 Months Ended 147 Months Ended
Mar. 31, 2018
USD ($)
ft²
Mar. 31, 2017
USD ($)
Dec. 31, 2017
USD ($)
Mar. 31, 2018
USD ($)
ft²
Dec. 31, 2005
Expense To Acquire Inventory $ 3,974,000 $ 3,627,000      
Income (Loss) from Equity Method Investments, Total $ 139,000 $ 105,000      
INDIA | Harmony [Member]          
Number of Stores 4     4  
Number Of Stores Owned 3     3  
Number Of Stores Rented 1     1  
INDIA | Harmony [Member] | Manufacturing Building Products [Member]          
Area of Real Estate Property | ft² 113,000     113,000  
INDIA | Harmony [Member] | Manufacturing Coated Material and Sewing Proprietary Disposable Protective Apparel [Member]          
Area of Real Estate Property | ft² 73,000     73,000  
INDIA | Harmony [Member] | Sewing Proprietary Disposable Protective Apparel [Member]          
Area of Real Estate Property | ft² 16,000     16,000  
INDIA | Harmony [Member] | Manufacturing Of Building Products [Member]          
Area of Real Estate Property | ft² 93,000     93,000  
Harmony [Member]          
Equity Method Investment, Other than Temporary Impairment $ 0   $ 0    
Equity Method Investments 4,032,000     $ 4,032,000  
Equity Method Investment, Aggregate Cost 1,450,000     1,450,000  
Cumulative Equity In Income Of Unconsolidated Affiliate $ 3,601,000     3,601,000  
Proceeds from Equity Method Investment, Distribution, Return of Capital       942,000  
Proceeds from Equity Method Investment, Distribution       $ 77,000  
Harmony [Member] | Alpha Pro Tech Engineered Products [Member]          
Equity Method Investment, Ownership Percentage         41.66%
Harmony [Member] | Maple Industries and Associates [Member]          
Equity Method Investment, Ownership Percentage         58.34%
XML 47 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 8 - Accrued Liabilities - Accrued Liabilities (Details) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Payroll expenses and tax payable $ 120,000 $ 232,000
Commission and bonuses payable and general accrued liabilities 1,644,000 1,333,000
$ 1,764,000 $ 1,565,000 [1]
[1] The condensed consolidated balance sheet as of December 31, 2017 has been prepared using information from the audited consolidated balance sheet as of that date.
XML 48 R37.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 9 - Basic and Diluted Earnings Per Common Share - Reconciliation of Net Income and Number of Shares Used in Computations of Basic and Diluted EPS (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net income $ 508,000 $ 550,000
Shares (denominator):    
Basic weighted average common shares outstanding (in shares) 14,217,919 15,207,659
Add: dilutive effect of common stock options (in shares) 165,086 94,142
Diluted weighted average common shares outstanding (in shares) 14,383,005 15,301,801
Earnings per common share:    
Basic (in dollars per share) $ 0.04 $ 0.04
Diluted (in dollars per share) $ 0.04 $ 0.04
XML 49 R38.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 10 - Activity of Business Segments (Details Textual)
3 Months Ended
Mar. 31, 2018
Number of Operating Segments 3
XML 50 R39.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 10 - Activity of Business Segments - Consolidated Net Sales (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net sales $ 11,442,000 $ 10,751,000
Building Supply [Member] | Operating Segments [Member]    
Net sales 6,669,000 5,939,000
Disposable Protective Apparel [Member] | Operating Segments [Member]    
Net sales 3,232,000 3,295,000
Infection Control [Member] | Operating Segments [Member]    
Net sales $ 1,541,000 $ 1,517,000
XML 51 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 10 - Activity of Business Segments - Reconciliation of Total Segment Income to Total Consolidated Net Income (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Consolidated net income $ 508,000 $ 550,000
Provision for income taxes 92,000 222,000
Operating Segments [Member]    
Consolidated net income 2,017,000 2,016,000
Operating Segments [Member] | Building Supply [Member]    
Consolidated net income 994,000 962,000
Operating Segments [Member] | Disposable Protective Apparel [Member]    
Consolidated net income 290,000 458,000
Operating Segments [Member] | Infection Control [Member]    
Consolidated net income 733,000 596,000
Corporate, Non-Segment [Member]    
Consolidated net income $ 1,417,000 $ 1,244,000
XML 52 R41.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 10 - Activity of Business Segments - Consolidated Net Property and Equipment, Goodwill and Intangible Assets (Details) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Consolidated assets $ 3,190,000 $ 3,234,000
Operating Segments [Member]    
Consolidated assets 2,387,000 2,447,000
Operating Segments [Member] | Building Supply [Member]    
Consolidated assets 2,050,000 2,098,000
Operating Segments [Member] | Disposable Protective Apparel [Member]    
Consolidated assets 325,000 336,000
Operating Segments [Member] | Infection Control [Member]    
Consolidated assets 12,000 13,000
Corporate, Non-Segment [Member]    
Consolidated assets $ 803,000 $ 787,000
XML 53 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 11 - Financial Information about Geographic Areas - Consolidated Net Sales and Long-lived Asset Information by Geographic Area (Details) - Reportable Geographical Components [Member] - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Net sales by geographic region      
Consolidated sales $ 11,442,000 $ 10,751,000  
Long-lived assets by geographic region      
Consolidated long-lived assets 3,115,000   $ 3,158,000
UNITED STATES      
Net sales by geographic region      
Consolidated sales 11,198,000 10,599,000  
Long-lived assets by geographic region      
Consolidated long-lived assets 2,644,000   2,593,000
International Member      
Net sales by geographic region      
Consolidated sales 244,000 $ 152,000  
Long-lived assets by geographic region      
Consolidated long-lived assets $ 471,000   $ 565,000
XML 54 R43.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 12 - Related Party Transactions (Details Textual) - Director [Member] - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Legal Services, Related Party [Member]      
Related Party Transaction, Expenses from Transactions with Related Party $ 0 $ 40,000  
Related Law Firm [Member]      
Due to Related Parties, Total $ 0   $ 203,000
XML 55 R44.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 13 - Commitments and Contingencies (Details Textual)
$ in Millions
1 Months Ended
Aug. 31, 2017
USD ($)
Pending Litigation [Member] | Alpha Pro Tech, Inc. v. VWR International, LLC [Member]  
Loss Contingency, Damages Sought, Value $ 2
EXCEL 56 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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�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end XML 57 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 58 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 60 FilingSummary.xml IDEA: XBRL DOCUMENT 3.8.0.1 html 77 148 1 true 30 0 false 5 false false R1.htm 000 - Document - Document And Entity Information Sheet http://www.alphaprotech.com/20180331/role/statement-document-and-entity-information Document And Entity Information Cover 1 false false R2.htm 001 - Statement - Condensed Consolidated Balance Sheets (Current Period Unaudited) Sheet http://www.alphaprotech.com/20180331/role/statement-condensed-consolidated-balance-sheets-current-period-unaudited Condensed Consolidated Balance Sheets (Current Period Unaudited) Statements 2 false false R3.htm 002 - Statement - Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) Sheet http://www.alphaprotech.com/20180331/role/statement-condensed-consolidated-balance-sheets-current-period-unaudited-parentheticals Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) Statements 3 false false R4.htm 003 - Statement - Condensed Consolidated Statements of Income (Unaudited) Sheet http://www.alphaprotech.com/20180331/role/statement-condensed-consolidated-statements-of-income-unaudited Condensed Consolidated Statements of Income (Unaudited) Statements 4 false false R5.htm 004 - Statement - Condensed Consolidated Statements of Comprehensive Income (Unaudited) Sheet http://www.alphaprotech.com/20180331/role/statement-condensed-consolidated-statements-of-comprehensive-income-unaudited Condensed Consolidated Statements of Comprehensive Income (Unaudited) Statements 5 false false R6.htm 005 - Statement - Condensed Consolidated Statement of Shareholders' Equity (Unaudited) Sheet http://www.alphaprotech.com/20180331/role/statement-condensed-consolidated-statement-of-shareholders-equity-unaudited Condensed Consolidated Statement of Shareholders' Equity (Unaudited) Statements 6 false false R7.htm 006 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited) Sheet http://www.alphaprotech.com/20180331/role/statement-condensed-consolidated-statements-of-cash-flows-unaudited Condensed Consolidated Statements of Cash Flows (Unaudited) Statements 7 false false R8.htm 007 - Disclosure - Note 1 - The Company Sheet http://www.alphaprotech.com/20180331/role/statement-note-1-the-company Note 1 - The Company Notes 8 false false R9.htm 008 - Disclosure - Note 2 - Basis of Presentation and Revenue Recognition Policy Sheet http://www.alphaprotech.com/20180331/role/statement-note-2-basis-of-presentation-and-revenue-recognition-policy Note 2 - Basis of Presentation and Revenue Recognition Policy Notes 9 false false R10.htm 009 - Disclosure - Note 3 - Stock-Based Compensation Sheet http://www.alphaprotech.com/20180331/role/statement-note-3-stockbased-compensation Note 3 - Stock-Based Compensation Notes 10 false false R11.htm 010 - Disclosure - Note 4 - Investments Sheet http://www.alphaprotech.com/20180331/role/statement-note-4-investments Note 4 - Investments Notes 11 false false R12.htm 011 - Disclosure - Note 5 - Recent Accounting Pronouncements Sheet http://www.alphaprotech.com/20180331/role/statement-note-5-recent-accounting-pronouncements Note 5 - Recent Accounting Pronouncements Notes 12 false false R13.htm 012 - Disclosure - Note 6 - Inventories Sheet http://www.alphaprotech.com/20180331/role/statement-note-6-inventories Note 6 - Inventories Notes 13 false false R14.htm 013 - Disclosure - Note 7 - Equity Investment in Unconsolidated Affiliate Sheet http://www.alphaprotech.com/20180331/role/statement-note-7-equity-investment-in-unconsolidated-affiliate Note 7 - Equity Investment in Unconsolidated Affiliate Notes 14 false false R15.htm 014 - Disclosure - Note 8 - Accrued Liabilities Sheet http://www.alphaprotech.com/20180331/role/statement-note-8-accrued-liabilities Note 8 - Accrued Liabilities Notes 15 false false R16.htm 015 - Disclosure - Note 9 - Basic and Diluted Earnings Per Common Share Sheet http://www.alphaprotech.com/20180331/role/statement-note-9-basic-and-diluted-earnings-per-common-share Note 9 - Basic and Diluted Earnings Per Common Share Notes 16 false false R17.htm 016 - Disclosure - Note 10 - Activity of Business Segments Sheet http://www.alphaprotech.com/20180331/role/statement-note-10-activity-of-business-segments Note 10 - Activity of Business Segments Notes 17 false false R18.htm 017 - Disclosure - Note 11 - Financial Information about Geographic Areas Sheet http://www.alphaprotech.com/20180331/role/statement-note-11-financial-information-about-geographic-areas Note 11 - Financial Information about Geographic Areas Notes 18 false false R19.htm 018 - Disclosure - Note 12 - Related Party Transactions Sheet http://www.alphaprotech.com/20180331/role/statement-note-12-related-party-transactions Note 12 - Related Party Transactions Notes 19 false false R20.htm 019 - Disclosure - Note 13 - Commitments and Contingencies Sheet http://www.alphaprotech.com/20180331/role/statement-note-13-commitments-and-contingencies Note 13 - Commitments and Contingencies Notes 20 false false R21.htm 020 - Document - Note 14 - Subsequent Events Sheet http://www.alphaprotech.com/20180331/role/statement-note-14-subsequent-events Note 14 - Subsequent Events Uncategorized 21 false false R22.htm 021 - Disclosure - Note 3 - Stock-Based Compensation (Tables) Sheet http://www.alphaprotech.com/20180331/role/statement-note-3-stockbased-compensation-tables Note 3 - Stock-Based Compensation (Tables) Uncategorized 22 false false R23.htm 022 - Disclosure - Note 4 - Investments (Tables) Sheet http://www.alphaprotech.com/20180331/role/statement-note-4-investments-tables Note 4 - Investments (Tables) Uncategorized 23 false false R24.htm 023 - Disclosure - Note 6 - Inventories (Tables) Sheet http://www.alphaprotech.com/20180331/role/statement-note-6-inventories-tables Note 6 - Inventories (Tables) Uncategorized 24 false false R25.htm 024 - Disclosure - Note 8 - Accrued Liabilities (Tables) Sheet http://www.alphaprotech.com/20180331/role/statement-note-8-accrued-liabilities-tables Note 8 - Accrued Liabilities (Tables) Uncategorized 25 false false R26.htm 025 - Disclosure - Note 9 - Basic and Diluted Earnings Per Common Share (Tables) Sheet http://www.alphaprotech.com/20180331/role/statement-note-9-basic-and-diluted-earnings-per-common-share-tables Note 9 - Basic and Diluted Earnings Per Common Share (Tables) Uncategorized 26 false false R27.htm 026 - Disclosure - Note 10 - Activity of Business Segments (Tables) Sheet http://www.alphaprotech.com/20180331/role/statement-note-10-activity-of-business-segments-tables Note 10 - Activity of Business Segments (Tables) Uncategorized 27 false false R28.htm 027 - Disclosure - Note 11 - Financial Information about Geographic Areas (Tables) Sheet http://www.alphaprotech.com/20180331/role/statement-note-11-financial-information-about-geographic-areas-tables Note 11 - Financial Information about Geographic Areas (Tables) Uncategorized 28 false false R29.htm 028 - Disclosure - Note 3 - Stock-Based Compensation (Details Textual) Sheet http://www.alphaprotech.com/20180331/role/statement-note-3-stockbased-compensation-details-textual Note 3 - Stock-Based Compensation (Details Textual) Uncategorized 29 false false R30.htm 029 - Disclosure - Note 3 - Stock-Based Compensation - Stock Option Activity (Details) Sheet http://www.alphaprotech.com/20180331/role/statement-note-3-stockbased-compensation-stock-option-activity-details Note 3 - Stock-Based Compensation - Stock Option Activity (Details) Uncategorized 30 false false R31.htm 030 - Disclosure - Note 4 - Investments (Details Textual) Sheet http://www.alphaprotech.com/20180331/role/statement-note-4-investments-details-textual Note 4 - Investments (Details Textual) Uncategorized 31 false false R32.htm 031 - Disclosure - Note 4 - Investments - Available-for-sale Marketable Securities (Details) Sheet http://www.alphaprotech.com/20180331/role/statement-note-4-investments-availableforsale-marketable-securities-details Note 4 - Investments - Available-for-sale Marketable Securities (Details) Uncategorized 32 false false R33.htm 032 - Disclosure - Note 5 - Recent Accounting Pronouncements (Details Textual) Sheet http://www.alphaprotech.com/20180331/role/statement-note-5-recent-accounting-pronouncements-details-textual Note 5 - Recent Accounting Pronouncements (Details Textual) Uncategorized 33 false false R34.htm 033 - Disclosure - Note 6 - Inventories - Inventories (Details) Sheet http://www.alphaprotech.com/20180331/role/statement-note-6-inventories-inventories-details Note 6 - Inventories - Inventories (Details) Uncategorized 34 false false R35.htm 034 - Disclosure - Note 7 - Equity Investment in Unconsolidated Affiliate (Details Textual) Sheet http://www.alphaprotech.com/20180331/role/statement-note-7-equity-investment-in-unconsolidated-affiliate-details-textual Note 7 - Equity Investment in Unconsolidated Affiliate (Details Textual) Uncategorized 35 false false R36.htm 035 - Disclosure - Note 8 - Accrued Liabilities - Accrued Liabilities (Details) Sheet http://www.alphaprotech.com/20180331/role/statement-note-8-accrued-liabilities-accrued-liabilities-details Note 8 - Accrued Liabilities - Accrued Liabilities (Details) Uncategorized 36 false false R37.htm 036 - Disclosure - Note 9 - Basic and Diluted Earnings Per Common Share - Reconciliation of Net Income and Number of Shares Used in Computations of Basic and Diluted EPS (Details) Sheet http://www.alphaprotech.com/20180331/role/statement-note-9-basic-and-diluted-earnings-per-common-share-reconciliation-of-net-income-and-number-of-shares-used-in-computations-of-basic-and-diluted-eps-details Note 9 - Basic and Diluted Earnings Per Common Share - Reconciliation of Net Income and Number of Shares Used in Computations of Basic and Diluted EPS (Details) Uncategorized 37 false false R38.htm 037 - Disclosure - Note 10 - Activity of Business Segments (Details Textual) Sheet http://www.alphaprotech.com/20180331/role/statement-note-10-activity-of-business-segments-details-textual Note 10 - Activity of Business Segments (Details Textual) Uncategorized 38 false false R39.htm 038 - Disclosure - Note 10 - Activity of Business Segments - Consolidated Net Sales (Details) Sheet http://www.alphaprotech.com/20180331/role/statement-note-10-activity-of-business-segments-consolidated-net-sales-details Note 10 - Activity of Business Segments - Consolidated Net Sales (Details) Uncategorized 39 false false R40.htm 039 - Disclosure - Note 10 - Activity of Business Segments - Reconciliation of Total Segment Income to Total Consolidated Net Income (Details) Sheet http://www.alphaprotech.com/20180331/role/statement-note-10-activity-of-business-segments-reconciliation-of-total-segment-income-to-total-consolidated-net-income-details Note 10 - Activity of Business Segments - Reconciliation of Total Segment Income to Total Consolidated Net Income (Details) Uncategorized 40 false false R41.htm 040 - Disclosure - Note 10 - Activity of Business Segments - Consolidated Net Property and Equipment, Goodwill and Intangible Assets (Details) Sheet http://www.alphaprotech.com/20180331/role/statement-note-10-activity-of-business-segments-consolidated-net-property-and-equipment-goodwill-and-intangible-assets-details Note 10 - Activity of Business Segments - Consolidated Net Property and Equipment, Goodwill and Intangible Assets (Details) Uncategorized 41 false false R42.htm 041 - Disclosure - Note 11 - Financial Information about Geographic Areas - Consolidated Net Sales and Long-lived Asset Information by Geographic Area (Details) Sheet http://www.alphaprotech.com/20180331/role/statement-note-11-financial-information-about-geographic-areas-consolidated-net-sales-and-longlived-asset-information-by-geographic-area-details Note 11 - Financial Information about Geographic Areas - Consolidated Net Sales and Long-lived Asset Information by Geographic Area (Details) Uncategorized 42 false false R43.htm 042 - Disclosure - Note 12 - Related Party Transactions (Details Textual) Sheet http://www.alphaprotech.com/20180331/role/statement-note-12-related-party-transactions-details-textual Note 12 - Related Party Transactions (Details Textual) Uncategorized 43 false false R44.htm 043 - Disclosure - Note 13 - Commitments and Contingencies (Details Textual) Sheet http://www.alphaprotech.com/20180331/role/statement-note-13-commitments-and-contingencies-details-textual Note 13 - Commitments and Contingencies (Details Textual) Uncategorized 44 false false All Reports Book All Reports apt-20180331.xml apt-20180331.xsd apt-20180331_cal.xml apt-20180331_def.xml apt-20180331_lab.xml apt-20180331_pre.xml http://fasb.org/us-gaap/2018-01-31 http://fasb.org/srt/2018-01-31 http://xbrl.sec.gov/country/2017-01-31 http://xbrl.sec.gov/dei/2014-01-31 true true ZIP 62 0001437749-18-009168-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001437749-18-009168-xbrl.zip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end