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Summary of significant accounting policies (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Schedule of Useful Lives

The useful lives are as follows:

 

 

 

Years

Buildings

 

25 to 33

Plant equipment and instrumentation

 

2 to 10

Furniture and fixtures

 

4 to 8

 

Components of Changes in Accumulated Other Comprehensive Income (Loss)

The components of and changes in accumulated other comprehensive income (loss) are as follows:

 

(U.S. Dollars in thousands)

 

Foreign Currency

Translation

Adjustments

 

 

Change in

Fair Value

 

 

Accumulated Other

Comprehensive (Loss) Income

 

Balance at December 31, 2012 (Restated)

 

 

5,359

 

 

 

131

 

 

 

5,490

 

Unrealized loss on derivative instruments, net of tax

   benefit of $164

 

 

 

 

 

(279

)

 

 

(279

)

Foreign currency translation adjustment (1)

 

 

(1,708

)

 

 

 

 

 

(1,708

)

Balance at December 31, 2013 (Restated)

 

$

3,651

 

 

$

(148

)

 

$

3,503

 

Unrealized gain on cross-currency swaps, net of tax

   expense of $59

 

 

 

 

 

248

 

 

 

248

 

Foreign currency translation adjustment (1)

 

 

(4,133

)

 

 

 

 

 

(4,133

)

Balance at December 31, 2014

 

$

(482

)

 

$

100

 

 

$

(382

)

 

 

(1)

As the cash generally remains indefinitely reinvested in the non U.S. dollar denominated foreign subsidiaries, no deferred taxes are recognized on the related foreign currency translation adjustment.