0000009092-17-000002.txt : 20170228 0000009092-17-000002.hdr.sgml : 20170228 20170228172734 ACCESSION NUMBER: 0000009092-17-000002 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 95 CONFORMED PERIOD OF REPORT: 20161231 FILED AS OF DATE: 20170228 DATE AS OF CHANGE: 20170228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BADGER METER INC CENTRAL INDEX KEY: 0000009092 STANDARD INDUSTRIAL CLASSIFICATION: TOTALIZING FLUID METERS & COUNTING DEVICES [3824] IRS NUMBER: 390143280 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06706 FILM NUMBER: 17649503 BUSINESS ADDRESS: STREET 1: 4545 WEST BROWN DEER ROAD CITY: MILWAUKEE STATE: WI ZIP: 53223 BUSINESS PHONE: 4143715702 MAIL ADDRESS: STREET 1: 4545 W BROWN DEER RD CITY: MILWAUKEE STATE: WI ZIP: 53223 FORMER COMPANY: FORMER CONFORMED NAME: BADGER METER MANUFACTURING CO DATE OF NAME CHANGE: 19710729 10-K 1 bmi-20161231x10k.htm 10-K Document


 
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
for the fiscal year ended December 31, 2016
BADGER METER, INC.
4545 W. Brown Deer Road
Milwaukee, Wisconsin 53223
(414) 355-0400
A Wisconsin Corporation
IRS Employer Identification No. 39-0143280
Commission File No. 001-06706

The Company has the following classes of securities registered pursuant to Section 12(b) of the Act:
Title of class:
 
Name of each exchange
on which registered:
Common Stock
 
New York Stock Exchange
Common Share Purchase Rights
 
New York Stock Exchange

The Company does not have any securities registered pursuant to Section 12(g) of the Act.

Indicate by check mark if the Company is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    Yes  ý        No  ¨

Indicate by check mark if the Company is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act.    Yes  ¨        No  ý

Indicate by check mark whether the Company (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 Company was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  ý        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 during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).     Yes  ý        No  ¨

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.    ý

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act: (Check one).
Large accelerated filer
ý
    
Accelerated filer
¨
Non-accelerated filer
¨
 
Smaller reporting company
¨

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

The aggregate market value of the Common Stock held by non-affiliates of the Company as of June 30, 2016 was $971,283,504. For purposes of this calculation only, (i) shares of Common Stock are deemed to have a market value of $36.52 per share, the closing price of the Common Stock as reported on the New York Stock Exchange on June 30, 2016, and (ii) each of the Company's executive officers and directors is deemed to be an affiliate of the Company.

As of February 9, 2017, there were 29,112,113 shares of Common Stock outstanding with a par value of $1 per share.

Portions of the Company's Proxy Statement for the 2017 Annual Meeting of Shareholders, which will be filed with the Securities and Exchange Commission under Regulation 14A within 120 days after the end of the registrant's fiscal year, are incorporated by reference from the definitive Proxy Statement into Part III of this Annual Report on Form 10-K.

Special Note Regarding Forward Looking Statements

Certain statements contained in this Annual Report on Form 10-K, as well as other information provided from time to time by Badger Meter, Inc. (the “Company”) or its employees, may contain forward looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “think,” “should,” “could” and “objective” or similar expressions are intended to identify forward looking statements. All such forward looking statements are based on the Company’s then current views and assumptions and involve risks and uncertainties. Some risks and uncertainties that could cause actual results to differ materially from those expressed or implied in forward looking statements include those described in Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 that include, among other things:

the continued shift in the Company’s business from lower cost, manually read meters toward more expensive, value-added automatic meter reading (AMR) systems, advanced metering infrastructure (AMI) systems and advanced metering analytics (AMA) systems that offer more comprehensive solutions to customers’ metering needs;
the success or failure of newer Company products;
changes in competitive pricing and bids in both the domestic and foreign marketplaces, and particularly in continued intense price competition on government bid contracts for lower cost, manually read meters;
the actions (or lack thereof) of the Company’s competitors;
changes in the Company’s relationships with its alliance partners, primarily its alliance partners that provide radio solutions, and particularly those that sell products that do or may compete with the Company’s products;
changes in the general health of the United States and foreign economies, including to some extent such things as the length and severity of global economic downturns, international or civil conflicts that affect international trade, the ability of municipal water utility customers to authorize and finance purchases of the Company’s products, the Company’s ability to obtain financing, housing starts in the United States, and overall industrial activity;
unusual weather, weather patterns or other natural phenomena, including related economic and other ancillary effects of any such events;
economic policy changes, including but not limited to, trade policy and corporate taxation;
the timing and impact of government funding programs that stimulate national and global economies, as well as the impact of government budget cuts or partial shutdowns of governmental operations;
changes in the cost and/or availability of needed raw materials and parts, such as volatility in the cost of brass castings as a result of fluctuations in commodity prices, particularly for copper and scrap metal at the supplier level, foreign-sourced electronic components as a result of currency exchange fluctuations and/or lead times, and plastic resin as a result of changes in petroleum and natural gas prices;
the Company’s expanded role as a prime contractor for providing complete technology systems to governmental entities, which brings with it added risks, including but not limited to, the Company’s responsibility for subcontractor performance, additional costs and expenses if the Company and its subcontractors fail to meet the timetable agreed to with the governmental entity, and the Company’s expanded warranty and performance obligations;
the Company’s ability to successfully integrate acquired businesses or products;
changes in foreign economic conditions, particularly currency fluctuations in the United States dollar, the Euro and the Mexican peso;
the inability to develop technologically advanced products;
the failure of the Company’s products to operate as intended;
the inability to protect the Company’s proprietary rights to its products;
disruptions and other damages to information technology and other networks and operations due to breaches in data security or any other cybersecurity attack;




transportation delays or interruptions;
violations or alleged violations of the U.S. Foreign Corrupt Practices Act (FCPA) or other anti-corruption laws and the Foreign Account Tax Compliance provisions of the Hiring Incentives to Restore Employment Act (referred to as FATCA);
the loss of certain single-source suppliers; and
changes in laws and regulations, particularly laws dealing with the content or handling of materials used in the Company's products.

All of these factors are beyond the Company's control to varying degrees. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward looking statements contained in this Annual Report on Form 10-K and are cautioned not to place undue reliance on such forward looking statements. The forward looking statements made in this document are made only as of the date of this document and the Company assumes no obligation, and disclaims any obligation, to update any such forward looking statements to reflect subsequent events or circumstances.



PART I


ITEM 1. BUSINESS

Badger Meter, Inc. (the “Company”) is a leading innovator, manufacturer and marketer of products incorporating flow measurement, control and communication solutions serving markets worldwide. The Company was incorporated in 1905.

Throughout this 2016 Annual Report on Form 10-K, the words “we,” “us” and “our” refer to the Company.

Available Information

The Company's Internet address is http://www.badgermeter.com. The Company makes available free of charge (other than an investor's own Internet access charges) through its Internet website its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and amendments to those reports, on the same day they are electronically filed with, or furnished to, the Securities and Exchange Commission. The Company is not including the information contained on or available through its website as a part of, or incorporating such information by reference into, this Annual Report on Form 10-K.

Market Overview, Products, Systems and Solutions

Badger Meter is an innovator in flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial customers worldwide. The Company’s products measure water, oil, chemicals and other fluids, and are known for accuracy, long-lasting durability and for providing and communicating valuable and timely measurement data. The Company’s product lines fall into two categories: sales of water meters and related technologies to municipal water utilities (municipal water) and sales of meters to various industries for water and other fluids (flow instrumentation). The Company estimates that over 85% of its products are used in water applications when both categories are grouped together.

Municipal water, the largest category by sales volume, includes mechanical and ultrasonic (electronic) water meters and related technologies and services used by municipal water utilities as the basis for generating water and wastewater revenues. The key market for the Company’s municipal water meter products is North America, primarily the United States, because most of the Company's meters are designed and manufactured to conform to standards promulgated by the American Water Works Association. The majority of water meters sold by the Company continue to be mechanical in nature. In recent years, the Company has made inroads in selling ultrasonic water meters. The development of smaller diameter ultrasonic water meters combined with advanced radio technology now provides the Company with the opportunity to sell into other geographical markets, for example Europe, the Middle East and South America. In the municipal water category, sales of water meters and related technologies and services are also commonly referred to as residential or commercial water meter sales, the latter referring to larger sizes of water meters.

Flow instrumentation includes meters and valves sold worldwide to measure and control materials flowing through a pipe or pipeline including water, air, steam, oil, and other liquids and gases. These products are used in a variety of applications, primarily into the following industries: water/wastewater; heating, ventilating and air conditioning (HVAC); oil and gas; chemical

2



and petrochemical; test and measurement; automotive aftermarket; and the concrete construction process. Furthermore, the Company’s flow instrumentation technologies are sold to original equipment manufacturers as the primary flow measurement device within a product or system.

Residential and commercial water meters are generally classified as either manually read meters or remotely read meters via radio technology. A manually read meter consists of a water meter and a register that provides a visual totalized meter reading. Meters equipped with radio technology (endpoints) receive flow measurement data from encoder registers attached to the water meter, which is encrypted and transmitted via radio frequency to a receiver that collects and formats the data appropriately for water utility billing systems. These remotely read, or mobile, systems are either automatic meter reading (AMR) systems, where a vehicle equipped for meter reading purposes, including a radio receiver, computer and reading software, collects the data from utilities’ meters; or fixed network advanced metering infrastructure (AMI) systems, where data is gathered utilizing a network of permanent data collectors or gateway receivers that are always active or listening for the radio transmission from the utilities’ meters. AMI systems eliminate the need for utility personnel to drive through service territories to collect data from the meters. These systems provide the utilities with more frequent and diverse data from their meters at specified intervals.

The ORION® family of radio endpoints provides water utilities with a range of industry-leading options for meter reading. These include ORION Migratable (ME) (for mobile meter reading), ORION Fixed Network (SE) (for traditional fixed network applications), and ORION Cellular (for infrastructure-free meter reading). ORION Migratable makes the migration to fixed network easier for utilities that prefer to start with mobile reading and later adopt fixed network communications, allowing utilities to choose a solution for their current needs and be positioned for their future operational changes. ORION Cellular eliminates the need for utility-owned fixed network infrastructure, allows for rapid deployment and decreases ongoing maintenance.

Critical to the water metering ecosystem is information and analytics. The Company’s BEACON® AMA Managed Solution is the latest in metering technology. BEACON AMA combines the BEACON analytical software suite with proven ORION technologies using two-way fixed and cellular networks in a managed solution, improving utilities’ visibility of their water consumption and eliminating the need for costly utility-managed infrastructure.

The BEACON AMA secure, cloud-hosted software suite includes a customizable dashboard, the ability to establish alerts for specific conditions, and consumer engagement tools that allow end water customers to view and manage their water usage activity. Benefits to the utility include improved customer service, increased visibility through faster leak detection, the ability to promote and quantify the effects of its water conservation efforts, and easier compliance reporting.

The Company’s net sales and corresponding net earnings depend on unit volume and product mix, with the Company generally earning higher margins on meters equipped with radio technology. The Company’s proprietary radio products generally result in higher margins than the remarketed, non-proprietary technology products. The Company also sells registers and endpoints separately to customers who wish to upgrade their existing meters in the field.

Water meter replacement and the adoption and deployment of new technology comprise the majority of water meter product sales, including radio products. To a much lesser extent, housing starts also contribute to the new product sales base. Over the last decade, there has been a growing trend in the conversion from manually read water meters to radio technology. This conversion rate is accelerating and contributes to an increased water meter and radio solutions base of the business. The Company estimates that approximately 55% of water meters installed in the United States have been converted to a radio solutions technology. The Company’s strategy is to fulfill customers’ metering expectations and requirements with its proprietary meter reading systems or other systems available through its alliance partners in the marketplace.

Flow instrumentation products serve flow measurement and control applications across a broad industrial spectrum, occasionally leveraging the same technologies used in the municipal water category. Specialized communication protocols that control the entire flow measurement process and mandatory certifications drive these markets. The Company’s specific flow measurement and control applications and technologies serve the flow measurement market through both customized and standard flow instrumentation solutions.

Industries today face accelerating demands to contain costs, reduce product variability, and meet ever-changing safety, regulatory and sustainability requirements. To address these challenges, customers must reap more value from every component in their systems. This system-wide scrutiny has heightened the focus on flow instrumentation in industrial process, manufacturing, commercial fluid, building automation, and precision engineering applications where flow measurement and control are critical.


3



An industry leader in both mechanical and ultrasonic (electronic) flow metering technologies, the Company offers one of the broadest flow measurement, control and communication portfolios in the market. This portfolio carries respected brand names including Recordall®, E-Series®, ORION, Hedland®, Dynasonics®, Blancett®, and Research Control®, and includes eight of the ten major flow meter technologies. Customers rely on the Company for application-specific solutions that deliver accurate, timely and dependable flow data and control essential for product quality, cost control, safer operations, regulatory compliance, and more sustainable operations.
    
The Company's products are sold throughout the world through employees, resellers and representatives. Depending on the customer mix, there can be a moderate seasonal impact on sales, primarily relating to higher sales of certain municipal water products during the spring and summer months. No single customer accounts for more than 10% of the Company's sales.

Competition
    
There are competitors in each category in which the Company sells its products, and the competition varies from moderate to intense. Major competitors for utility water meters include Sensus, Neptune Technology Group Inc., Master Meter, Inc. and Mueller Water Products, Inc. Together with Badger Meter, it is estimated that these companies sell in excess of 90% of the water meters in the North American market, which has been somewhat insulated from other competitors due to the nature of the mechanical technology used and the standards promulgated by the American Water Works Association. In recent years, the Company, as well as some of its competitors, have introduced various forms of electronic meters, which have no moving parts, and have seen sales of those products begin to grow. As the global water metering market, including the North American market, begins to adopt these technologies, Kamstrup A/S, Diehl Metering GmbH and Itron, Inc. are also potential competitors.

The Company's primary competitors for water utility radio products in North America are Itron, Inc., Neptune Technology Group Inc. and Sensus. Outside of North America, the primary competitors include Itron, Inc., Sensus, Diehl Metering GmbH and Elster Group GmbH. While the Company sells its own proprietary radio systems (ORION and GALAXY®), it is also a reseller of the Itron® products. A number of the Company's competitors in certain markets have greater financial resources than the Company. The Company, however, believes it currently provides the leading technologies in water meters and radio water systems. As a result of significant research and development activities, the Company enjoys favorable patent positions and trade secret protections for several of its technologies, products and processes.
    
There are many competitors in the flow instrumentation markets due to the various markets and applications being served. For example, major competitors in the flow instrumentation markets include Emerson Electric Company, Krohne Messtechnik GmbH, Endress+Hauser AG and Yokogawa Electric Corporation. In the HVAC market, the key competitor is Onicon Incorporated. In upstream oil and gas, Cameron International Corporation is the primary competitor. The Company competes with AW-Lake Company in the measurement of on-machine hydraulic fluids. With a portfolio consisting of products utilizing eight of the ten major flow meter technologies, the Company is well positioned to compete in these markets.

Backlog
    
The Company's total backlog of unshipped orders at December 31, 2016 and 2015 was $40.5 million and $35.7 million, respectively. The backlog is comprised of firm orders and signed contractual commitments, or portions of such commitments that call for shipment within 12 months. Backlog can be significantly affected by the timing of orders for large projects and the amounts can vary due to the timing of work performed.

Raw Materials and Components
    
Raw materials used in the manufacture of the Company's products include purchased castings made of metal or alloys (such as brass, which uses copper as its main component, aluminum, stainless steel and cast iron), plastic resins, glass, microprocessors and other electronic subassemblies, and components. There are multiple sources for these raw materials and components, but the Company relies on single suppliers for certain brass castings, certain resins and certain electronic subassemblies. The Company believes these items would be available from other sources, but that the loss of certain suppliers would result in a higher cost of materials, delivery delays, short-term increases in inventory and higher quality control costs in the short term. The Company carries business interruption insurance on key suppliers. The Company's purchases of raw materials are based on production schedules, and as a result, inventory on hand is generally not exposed to price fluctuations. World commodity markets and currency exchange rates may also affect the prices of material purchased in the future. The Company does not hold significant amounts of precious metals.


4



Research and Development
    
Expenditures for research and development activities relating to the development of new products, the improvement of existing products and manufacturing process improvements were $10.6 million in both 2016 and 2015 compared to $9.5 million in 2014. Research and development activities are primarily sponsored by the Company. The Company also engages in some joint research and development with other companies.

Intangible Assets
    
The Company owns or controls several trade secrets and many patents, trademarks and trade names in the United States and other countries that relate to its products and technologies. No single patent, trademark, trade name or trade secret is material to the Company's business as a whole.

Environmental Protection
    
The Company is subject to contingencies related to environmental laws and regulations. The Company is named as one of many potentially responsible parties in two landfill lawsuits. The landfill sites are impacted by the Federal Comprehensive Environmental Response, Compensation and Liability Act and other environmental laws and regulations. At this time, the Company does not believe the ultimate resolution of these matters will have a material adverse effect on the Company’s financial position or results of operations, either from a cash flow perspective or on the financial statements as a whole. This belief is based on the Company’s assessment of its limited past involvement with these landfill sites as well as the substantial involvement of and government focus on other named third parties with these landfill sites. However, due to the inherent uncertainties of such proceedings, the Company cannot predict the ultimate outcome of any of these matters. A future change in circumstances with respect to these specific matters or with respect to sites formerly or currently owned or operated by the Company, off-site disposal locations used by the Company, and property owned by third parties that is near such sites, could result in future costs to the Company and such amounts could be material. Expenditures for compliance control provisions and regulations during 2016, 2015 and 2014 were not material.

Employees
    
The Company and its subsidiaries employed 1,562 persons at December 31, 2016, 114 of whom are covered by a collective bargaining agreement with District 10 of the International Association of Machinists. The Company is currently operating under a three-year contract with the union, which expires on October 31, 2019. The Company believes it has good relations with the union and all of its employees.
    
The following table sets forth certain information regarding the Executive Officers of the Registrant.

Name
Position
Age at
2/28/2017
Richard A. Meeusen
Chairman, President and Chief Executive Officer
62
Richard E. Johnson
Senior Vice President — Finance, Chief Financial Officer and Treasurer
62
Fred J. Begale
Vice President — Engineering
52
William R. A. Bergum
Vice President — General Counsel and Secretary
52
Gregory M. Gomez
Vice President — Flow Instrumentation
52
Horst E. Gras
Vice President — International Operations
61
Trina L. Jashinsky
Vice President — Human Resources
54
Raymond G. Serdynski
Vice President — Manufacturing
60
Beverly L. P. Smiley
Vice President — Controller
67
Kimberly K. Stoll
Vice President — Sales and Marketing
50

There are no family relationships between any of the executive officers. Officers are elected annually at the first meeting of the Board of Directors held after each annual meeting of the shareholders. Each officer holds office until his or her successor has been elected or until his or her death, resignation or removal. There is no arrangement or understanding between any executive officer and any other person pursuant to which he or she was elected as an officer.
    
Mr. Meeusen has served as Chairman, President and Chief Executive Officer for more than five years.

5



    
Mr. Johnson has served as Senior Vice President - Finance, Chief Financial Officer and Treasurer for more than five years.     
    
Mr. Begale has served as Vice President - Engineering for more than five years.
    
Mr. Bergum has served as Vice President - General Counsel and Secretary for more than five years.
    
Ms. Jashinsky was elected Vice President - Human Resources in October 2016. Prior to joining the Company, Ms. Jashinsky was Vice President of Human Resources at Gannett Company, Inc. from February 2015 to July 2016, Senior Vice President Human Resources at Fiserv, Inc. from March 2014 to February 2015, and Vice President Global Corporate Human Resources at Johnson Controls, Inc. from May 2010 to February 2014.

Mr. Gomez was elected Vice President - Flow Instrumentation in September 2014. Mr. Gomez served as Vice President - Business Development from December 2010 to September 2014.

Mr. Gras has served as Vice President - International Operations for more than five years.

Mr. Serdynski has served as Vice President - Manufacturing for more than five years.

Ms. Smiley has served as Vice President - Controller for more than five years.
    
Ms. Stoll was elected Vice President - Sales and Marketing in February 2012. Ms. Stoll served as Vice President - Marketing from April 2009 to February 2012.     

Foreign Operations and Export Sales
    
The Company distributes its products through employees, resellers and representatives throughout the world. Additionally, the Company has a sales, distribution and manufacturing facility in Neuffen, Germany; sales and customer service offices in Mexico, Singapore, China, United Arab Emirates and Slovakia; manufacturing facilities in Nogales, Mexico; and manufacturing and sales facilities in Brno, Czech Republic and Bern, Switzerland. The Company exports products from the United States that are manufactured in Milwaukee, Wisconsin; Racine, Wisconsin; Tulsa, Oklahoma; and Scottsdale, Arizona.
    
Information about the Company's foreign operations and export sales is included in Note 10 “Industry Segment and Geographic Areas” in the Notes to Consolidated Financial Statements in Part II, Item 8 of this 2016 Annual Report on Form 10-K.

Financial Information about Industry Segments

The Company operates in one industry segment as an innovator, manufacturer and marketer of products incorporating flow measurement, control and communication solutions as described in Note 10 “Industry Segment and Geographic Areas” in the Notes to Consolidated Financial Statements in Part II, Item 8 of this 2016 Annual Report on Form 10-K.

ITEM 1A. RISK FACTORS

Shareholders, potential investors and other readers are urged to consider the significant business risks described below in addition to the other information set forth or incorporated by reference in this 2016 Annual Report on Form 10-K, including the “Special Note Regarding Forward Looking Statements” at the front of this 2016 Annual Report on Form 10-K. If any of the events contemplated by the following risks actually occur, our financial condition or results of operations could be materially adversely affected. The following list of risk factors may not be exhaustive. We operate in a continually changing business, economic and geopolitical environment, and new risk factors may emerge from time to time. We can neither predict these new risk factors with certainty nor assess the precise impact, if any, on our business, or the extent to which any factor, or combination of factors, may adversely impact our results of operations. While there is much uncertainty, we do analyze the risks we face, perform a probability assessment of their impacts and attempt to soften their potential impact when and if possible.


6



Competitive pressures in the marketplace could decrease our revenues and profits.

Competitive pressures in the marketplace for our products could adversely affect our competitive position, leading to a possible loss of market share or a decrease in prices, either of which could result in decreased revenues and profits. We operate in an environment where competition varies from moderate to intense and a number of our competitors have greater financial resources. Our competitors also include alliance partners that sell products that do or may compete with our products, particularly those that provide radio solutions. The principal elements of competition for our most significant product applications, residential and commercial water meters for the municipal water utility market (with various radio technology systems), are price, product technology, quality and service. The competitive environment is also affected by the movement toward radio technologies and away from manually read meters, the demand for replacement units and, to some extent, such things as global economic conditions, the timing and size of governmental programs such as stimulus fund programs, the ability of municipal water utility customers to authorize and finance purchases of our products, our ability to obtain financing, housing starts in the United States, and overall economic activity. For our flow instrumentation products, the competitive environment is affected by the general economic health of various industrial sectors particularly in the United States and Europe.
 
The inability to develop technologically advanced products could harm our future success.

We believe that our future success depends, in part, on our ability to develop technologically advanced products that meet or exceed appropriate industry standards. Although we believe that we currently have a competitive advantage in this area, maintaining such advantage will require continued investment in research and development, sales, marketing and manufacturing capabilities. There can be no assurance that we will have sufficient resources to make such investments or that we will be able to make the technological advances necessary to maintain such competitive advantage. If we are unable to maintain our competitive advantage, our future financial performance may be adversely affected. We are not currently aware of any emerging standards or new products that could render our existing products obsolete in the near term. The water utility industry is beginning to see the adoption of ultrasonic (electronic) water meters. Electronic water metering has lower barriers to entry that could affect the competitive landscape in North America. We believe we have a competitive product if the adoption rate for electronic meters were to accelerate.

The inability to obtain adequate supplies of raw materials and component parts at favorable prices could decrease our profit margins and negatively impact timely delivery to customers.
    
We are affected by the availability and prices for raw materials and component parts, including purchased castings made of metal or alloys (such as brass, which uses copper as its main component, aluminum, stainless steel and cast iron), plastic resins, glass, microprocessors and other electronic subassemblies, and components that are used in the manufacturing process. The inability to obtain adequate supplies of raw materials and component parts for our products at favorable prices could have a material adverse affect on our business, financial condition or results of operations by decreasing profit margins and by negatively impacting timely deliveries to customers. In the past, we have been able to offset increases in raw materials and component parts by increased sales prices, active materials management, product engineering programs and the diversity of materials used in the production processes. However, we cannot be certain that we will be able to accomplish this in the future. Since we do not control the actual production of these raw materials and component parts, there may be delays caused by an interruption in the production or transportation of these materials for reasons that are beyond our control. World commodity markets and inflation may also affect raw material and component part prices.

Regulations related to conflict minerals may force us to incur additional expenses.

The Securities and Exchange Commission has adopted disclosure requirements related to certain minerals sourced from the Democratic Republic of Congo and surrounding countries, or “conflict minerals,” that are necessary to the functionality of a product manufactured, or contracted to be manufactured, by a Securities and Exchange Commission reporting company. The minerals that the rules cover are commonly referred to as “3TG” and include tin, tantalum, tungsten and gold. Implementation of the disclosure requirements could affect the sourcing and availability of some of the materials that we use in the manufacture of our products. There is also uncertainty relating to the requirements of the regulations as a result of ongoing litigation challenging the constitutionality of portions of the regulations. Our supply chain is complex, and if we are not able to determine the origins for all conflict minerals used in our products or that our products are “conflict free,” then we may face reputational challenges with customers or investors. We could also incur significant costs related to the compliance process, including potential difficulty or added costs in satisfying disclosure and audit requirements.


7



Economic conditions could cause a material adverse impact on our sales and operating results.

As a supplier of products, the majority of which are to water utilities, we may be adversely affected by global economic conditions, delays in governmental programs created to stimulate the economy, and the impact of government budget cuts or partial shutdowns of governmental operations that affect our customers, including independent distributors, large city utilities, private water companies and numerous smaller municipal water utilities. These customers may delay capital projects, including non-critical maintenance and upgrades, or may not have the ability to authorize and finance purchases during economic downturns or instability in world markets. We also sell products for other applications to reduce our dependency on the municipal water market. A significant downturn in this market could cause a material adverse impact on sales and operating results. Therefore, a downturn in general economic conditions, as well as in the municipal water market, and delays in the timing or amounts of possible economic stimulus fund programs, government budget cuts or partial shutdowns of governmental operations, or the availability of funds to municipalities could result in a reduction in demand for our products and services and could harm the business.

Economic impacts due to leadership or policy changes in the countries where we do business could negatively affect our profitability.

We may be affected by adjustments to economic and trade polices, such as taxation and the like, when countries where we produce or sell our products change leadership or economic policies. These types of changes, as well as any related regulatory changes, could significantly increase our costs and adversely affect our profitability and financial condition.

Unusual weather and other natural phenomena could adversely affect our business.

Our sales may be adversely affected by unusual weather, weather patterns, or other natural phenomena that could have an impact on the timing of orders in given periods, depending on the particular mix of customers being served by us at the time.

Failure to manufacture quality products could have a material adverse affect on our business.

If we fail to maintain and enforce quality control and testing procedures, our products will not meet required performance standards. Product quality and performance are a priority for us since our products are used in various applications where precise control of fluids is essential. Although we believe we have a very good reputation for product quality, any future production and/or sale of substandard products would seriously harm our reputation, resulting in both a loss of current customers to competitors and damage to our ability to attract new customers. In addition, if any of our products prove to be defective, we may be required to participate in a recall involving such products. A successful claim brought against us with respect to a defective product in excess of available insurance coverage, if any, or a requirement to participate in a major product recall, could have a material adverse affect on our business, results of operations or financial condition.

Litigation against us could be costly, time consuming to defend and could adversely affect our profitability.

 
From time to time, we are subject to legal proceedings and claims that arise in the ordinary course of business. For example, we may be subject to workers' compensation claims, employment/labor disputes, customer and supplier disputes, product liability claims, intellectual property disputes and contractual disputes related to warranties arising out of the conduct of our business. Litigation may result in substantial costs and may divert management's attention and resources, which could adversely affect our profitability or financial condition.

If our technology products do not operate as intended, our business could be materially and adversely affected.
 
We sell and install software products, including some that are provided in "the cloud," that may contain unexpected design defects or may encounter unexpected complications during installation or when used with other technologies utilized by the customer. A failure of our technology products to operate as intended and in a seamless fashion with other products or a failure of a cloud network could materially and adversely affect our results of operations, financial position and cash flows.


8



Our expanded role as a prime contractor brings certain risks that could have a material adverse affect to our business.
    
The Company periodically assumes the role as a prime contractor for providing complete technology systems to governmental entities, which brings with it added risks, including but not limited to, our responsibility for managing subcontractor performance and the potential for expanded warranty and performance obligations. While we have managed a limited number of these types of arrangements, it is possible to encounter a situation where we may not be able to perform up to the expectations of the governmental entity, and thus incur additional costs that could affect our profitability or harm our reputation.

Disruptions and other damages to our information technology and other networks and operations, and breaches in data security or cybersecurity attacks could have a negative financial impact and damage our reputation.

Our ability to serve customers, as well as increase revenues and control costs, depends in part on the reliability of our sophisticated technologies, system networks and cloud-based software. We use information technology and other systems to manage our business in order to maximize our revenue, effectiveness and efficiency. Unauthorized parties gaining access to digital systems and networks for purposes of misappropriating assets or sensitive financial, personal or business information, corrupting data, causing operational disruptions and other cyber-related risks could adversely impact our customer relationships, business plans and our reputation. In some cases, we are dependent on third-party technologies and service providers for which there is no certainty of uninterrupted availability or through which hackers could gain access to sensitive and/or personal information. These potential disruptions and cyber-attacks could negatively affect revenues, costs, customer demand, system availability and our reputation.

If we are not able to protect our proprietary rights to our software and related products, our ability to market our software products could be hindered and our results of operations, financial position and cash flows could be materially and adversely affected.
 
We rely on our agreements with customers, confidentiality agreements with employees, and our trademarks, trade secrets, copyrights and patents to protect our proprietary rights. These legal protections and precautions may not prevent misappropriation of our proprietary information. In addition, substantial litigation regarding intellectual property rights exists in the software industry, and software products may increasingly be subject to third-party infringement claims. Such litigation and misappropriation of our proprietary information could hinder our ability to market and sell products and services and our results of operations, financial position and cash flows could be materially and adversely affected.

Changes in environmental or regulatory requirements could entail additional expenses that could decrease our profitability.

We cannot predict the nature, scope or affect of future environmental or regulatory requirements to which our operations might be subject or the manner in which existing or future laws will be administered or interpreted. Compliance with such laws or regulations may entail additional expenses that could decrease profitability. We are subject to a variety of environmental laws, such as lead content in certain meters incorporating brass housings or the handling of certain electronic materials, and regulatory laws affecting the use and/or licensing of radio frequencies necessary for radio products, as well as regulations related to customs and trade practices. Currently, the cost of complying with existing laws is included as part of our on-going expenses and does not have a material affect on our business or financial position, but a change in the future could adversely affect our profitability.

Risks related to foreign markets could decrease our profitability.

Since we sell products worldwide as well as manufacture products in several countries, we are subject to risks associated with doing business internationally. These risks include such things as changes in foreign currency exchange rates, changes in political or economic conditions of specific countries or regions, potentially negative consequences from changes in tax laws or regulatory requirements, differing labor regulations, and the difficulty of managing widespread operations.

An inability to attract and retain skilled employees could negatively impact our growth and decrease our profitability.

Our success depends on our continued ability to identify, attract, develop and retain skilled personnel throughout our organization. Current and future compensation arrangements, including benefits, may not be sufficient to attract new employees or retain existing employees, which may hinder our growth.


9



Rising healthcare and retirement benefit costs could increase cost pressures and decrease our profitability.

We estimate liabilities and expenses for retirement plans and other postretirement benefits that require the use of assumptions relating to the rates used to discount the future estimated liability, rate of return on any assets and various assumptions related to the age and cost of the workforce. Actual results may differ from the estimates and have a material adverse affect on future results of operations or on the financial statements as a whole. Rising healthcare and retirement benefit costs in the United States may also add to cost pressures and decrease our profitability.

A failure to maintain good corporate governance practices could damage our reputation and adversely affect our future success.

We have a history of good corporate governance, including procedures and processes that are required by the Sarbanes-Oxley Act of 2002, the Dodd-Frank Act of 2010, and related rules and regulations, such as board committee charters, principles of corporate governance and a code of business conduct that defines how employees interact with our various stakeholders and addresses issues such as confidentiality, conflict of interest and fair dealing, and applicable exchange listing standards. Failure to maintain these corporate governance practices could harm our reputation and have a material adverse affect on our business and results of operations.

Violations or alleged violations of laws that impose requirements for the conduct of our overseas operations, including the FCPA or other anti-corruption laws, sanctioned parties restrictions, and FATCA could adversely affect our business. 

In foreign countries where we operate, a risk exists that our employees, third party partners or agents could engage in business practices prohibited by applicable laws and regulations, such as the FCPA. Such anti-corruption laws generally prohibit companies from making improper payments to foreign officials and require companies to keep accurate books and records and maintain appropriate internal controls. Our policies mandate strict compliance with such laws and we devote resources to ensure compliance. However, we operate in some parts of the world that have experienced governmental corruption, and, in certain circumstances, local customs and practice might not be consistent with the requirements of anti-corruption laws. We remain subject to the risk that our employees, third party partners or agents will engage in business practices that are prohibited by our policies and violate such laws and regulations. Violations by us or a third party acting on our behalf could result in significant internal investigation costs and legal fees, civil and criminal penalties, including prohibitions on the conduct of our business, and reputational harm.

We may also be subject to legal liability and reputational damage if we violate U.S. trade sanctions administered by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), the European Union and the United Nations, and trade sanction laws such as the Iran Threat Reduction and Syria Human Rights Act of 2012.

In addition, FATCA requires certain of our subsidiaries, affiliates and other entities to obtain valid FATCA documentation from payees prior to remitting certain payments to such payees. In the event we do not obtain valid FATCA documents, we may be obliged to withhold a portion of such payments. This obligation is shared with our customers and clients who may fail to comply, in whole or in part. In such circumstances, we may incur FATCA compliance costs including withholding taxes, interest and penalties. Regulatory initiatives and changes in the regulations and guidance promulgated under FATCA may increase our costs of operations, and could adversely affect the market for our services as intermediaries, which could negatively affect our results of operations and financial condition.

Failure to successfully identify, complete and integrate acquired businesses or products could adversely affect our operations.

As part of our business strategy, we continue to evaluate and may pursue selected business or product acquisition opportunities that we believe may provide us with certain operating and financial benefits. There can be no assurance that we will identify or complete transactions with suitable acquisition candidates in the future. If we complete any such acquisitions, they may require integration into our existing business with respect to administrative, financial, sales, marketing, manufacturing and other functions to realize these anticipated benefits. If we are unable to successfully integrate a business or product acquisition, we may not realize the benefits identified in our due diligence process, and our financial results may be negatively impacted. Additionally, significant unexpected liabilities may arise during or after completion of an acquisition.

ITEM 1B. UNRESOLVED STAFF COMMENTS

None.


10



ITEM 2. PROPERTIES

The principal facilities utilized by the Company at December 31, 2016 are listed below. The Company owns all such facilities in fee simple except as noted. The Company believes that its facilities are generally well maintained and have sufficient capacity for its current needs.
 
 
 
 
Approximate area
 
Location
 
Principal use
 
(square feet)
 
Scottsdale, Arizona, USA
 
Manufacturing and offices
 
32,000

(1
)
Los Gatos, California, USA
 
Software development and offices
 
3,600

(2
)
Centennial, Colorado, USA
 
Distribution and offices
 
12,000

 
Tulsa, Oklahoma, USA
 
Manufacturing and offices
 
59,500

  
Milwaukee, Wisconsin, USA
 
Manufacturing and offices
 
324,200

  
Racine, Wisconsin, USA
 
Manufacturing and offices
 
134,300

(3
)
Brno, Czech Republic
 
Manufacturing and offices
 
27,800

  
Neuffen, Germany
 
Manufacturing and offices
 
24,700

  
Nogales, Mexico
 
Manufacturing and offices
 
181,300

  
Bern, Switzerland
 
Manufacturing and offices
 
1,100

(4
)
 
(1)    Leased facility. Lease term expires September 1, 2019.
(2)    Leased facility. Lease term expires November 31, 2021.
(3)    Leased facility. Lease term expires December 31, 2025.
(4)    Building is owned, but land is leased from the government, as required. Lease term expires October 18, 2021.

ITEM 3. LEGAL PROCEEDINGS

In the normal course of business, the Company is named in legal proceedings from time to time. There are currently no material legal proceedings pending with respect to the Company. The more significant legal proceedings are discussed below.

Like other companies in recent years, the Company is named as a defendant in numerous pending multi-claimant/multi-defendant lawsuits alleging personal injury as a result of exposure to asbestos, manufactured by third parties, and in the past may have been integrated into or sold with a very limited number of the Company’s products. The Company is vigorously defending itself against these claims. Although it is not possible to predict the ultimate outcome of these matters, the Company does not believe the ultimate resolution of these issues will have a material adverse affect on the Company’s financial position or results of operations, either from a cash flow perspective or on the financial statements as a whole. This belief is based in part on the fact that no claimant has proven or substantially demonstrated asbestos exposure caused by products manufactured or sold by the Company and that most of the cases have been voluntarily dismissed.

The Company is subject to contingencies related to environmental laws and regulations. Information about the Company's compliance with environmental regulations is included in Part I, Item 1 of this 2016 Annual Report on Form 10-K under the heading “Environmental Protection.”

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable.

11



PART II


ITEM 5. MARKET FOR THE REGISTRANT'S COMMON STOCK, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Information required by this Item is set forth in Note 11 “Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends” in the Notes to Consolidated Financial Statements in Part II, Item 8 of this 2016 Annual Report on Form 10-K.

The following information in Item 5 of this Annual Report on Form 10-K is not deemed to be “soliciting material” or to be “filed” with the Securities and Exchange Commission or subject to Regulation 14A or 14C under the Securities Exchange Act of 1934, as amended, or to the liabilities of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except to the extent the Company specifically incorporates it by reference into such a filing.

The following graph compares on a cumulative basis the yearly percentage change since January 1, 2012 in (a) the total shareholder return on the Common Stock with (b) the total return on the Russell 2000 Index, and (c) the total return of the peer group made up of 15 companies, including the Company, in similar industries and with similar market capitalization.

The graph assumes $100 invested on December 31, 2011. It further assumes the reinvestment of dividends. The returns of each component company in the peer groups have been weighted based on such company's relative market capitalization.
bmi2016.jpg
December 31
 
2011
2012
2013
2014
2015
2016
Badger Meter, Inc.
Return %
 
64.04%
16.66%
10.49%
—%
27.71%
 
Cumulative $
$100.00
$164.04
$191.38
$211.46
$211.53
$270.15
Russell 2000 Index
Return %
 
16.35%
38.82%
4.89%
(4.41)%
21.31%
 
Cumulative $
$100.00
$116.35
$161.52
$169.42
$161.95
$196.45
Peer Group
Return %
 
29.11%
40.14%
0.51%
(9.99)%
37.54%
 
Cumulative $
$100.00
$129.11
$180.94
$181.88
$163.71
$225.16

The Peer Group consists of A.O. Smith Corp. (AOS), Badger Meter, Inc. (BMI), CIRCOR International, Inc. (CIR), CLARCOR Inc. (CLC), ESCO Technologies Inc. (ESE), Franklin Electric Co, Inc. (FELE), Gorman-Rupp Company (GRC), Itron, Inc. (ITRI), Lindsay Corporation (LNN), MFRI, Inc. (MFRI), Mueller Water Products (MWA), Northwest Pipe Company (NWPX) , Rexnord Corporation (RXN), Sun Hydraulics Corporation (SNHY), and Watts Water Technologies, Inc. (WTS).

12



ITEM 6. SELECTED FINANCIAL DATA

BADGER METER, INC.
Ten Year Summary of Selected Consolidated Financial Data
 
Years ended December 31,
 
(In thousands except per share data)
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
Operating results
 
 
 
 
 
 
 
 
 
 
Net sales
$393,761
377,698
364,768
334,122
319,660
262,915
276,634
250,337
279,552
234,816
Research and development
$10,597
10,645
9,496
10,504
9,567
8,086
7,164
6,910
7,136
5,714
Earnings from continuing operations before income taxes
$49,844
41,152
44,912
38,009
43,471
27,349
44,438
42,333
39,555
29,325
Earnings from continuing operations
$32,295
25,938
29,678
24,617
28,032
19,161
28,662
26,780
25,084
18,386
Earnings (loss) from discontinued
  operations (1)
$ n/a
n/a
 n/a
n/a
n/a
n/a
n/a
7,390
n/a
(1,929)
Net earnings
$32,295
25,938
29,678
24,617
28,032
19,161
28,662
34,170
25,084
16,457
Earnings from continuing operations to sales
8.2%
6.9%
8.1%
7.4%
8.8%
7.3%
10.4%
10.7%
9.0%
7.8%
Per Common share (2)
 
 
 
 
 
 
 
 
 
 
Basic earnings from continuing operations
$1.12
0.90
1.04
0.86
0.98
0.64
0.96
0.91
0.86
0.65
Basic earnings (loss) from discontinued operations
$ n/a
n/a
n/a
n/a
n/a
n/a
n/a
0.25
n/a
(0.07)
Total basic earnings
$1.12
0.90
1.04
0.86
0.98
0.64
0.96
1.16
0.86
0.58
Diluted earnings from continuing operations
$1.11
0.90
1.03
0.85
0.98
0.64
0.96
0.90
0.85
0.63
Diluted earnings (loss) from discontinued operations
$ n/a
n/a
n/a
n/a
n/a
n/a
n/a
0.25
n/a
(0.07)
Total diluted earnings
$1.11
0.90
1.03
0.85
0.98
0.64
0.96
1.14
0.85
0.57
Cash dividends declared: Common Stock
$0.43
0.39
0.37
0.35
0.33
0.30
0.26
0.23
0.20
0.17
Price range - high
$39.36
32.94
30.46
28.18
24.30
22.74
22.75
22.45
31.37
23.22
Price range - low
$26.40
25.82
23.24
20.94
14.65
13.43
16.29
11.25
8.79
11.50
Closing price
$36.95
29.30
29.68
27.25
23.71
14.72
22.11
19.91
14.51
22.48
Book value *
$8.80
8.00
7.41
6.82
5.98
5.93
5.60
4.82
3.75
3.17
Shares outstanding at year-end (2)
 
 
 
 
 
 
 
 
 
 
Common Stock
29,119
29,050
28,922
28,824
28,628
30,246
30,096
29,946
29,616
29,038
Financial position
 
 
 
 
 
 
 
 
 
 
Working capital *
$75,174
44,784
34,030
29,122
27,294
78,782
64,658
60,419
35,740
38,725
Current ratio *
2.0 to 1
1.4 to 1
1.3 to 1
1.3 to 1
1.3 to 1
4.5 to 1
3.0 to 1
3.3 to 1
1.7 to 1
1.9 to 1
Net cash provided by operations
$56,185
35,831
35,735
34,818
34,802
31,317
18,396
36,588
26,143
27,934
Capital expenditures
$10,596
19,766
12,332
14,311
8,202
5,336
9,238
7,750
13,237
15,971
Total assets
$349,699
355,480
341,158
316,058
290,453
218,910
215,864
191,016
195,358
150,301
Short-term and current portion of long-term debt
$37,950
71,360
75,927
70,045
66,730
1,790
12,878
8,003
19,670
13,582
Long-term debt
$ n/a
 n/a
 n/a
n/a
n/a
n/a
n/a
n/a
5,504
3,129
Shareholders' equity (3)
$256,209
232,275
214,331
196,563
171,247
179,281
168,383
144,461
111,023
91,969
Debt as a percent of total debt and equity *
12.9%
23.5%
26.2%
26.3%
28.0%
1.0%
7.1%
5.2%
18.5%
15.4%
Return on shareholders' equity *
12.6%
11.2%
13.8%
12.5%
16.4%
10.7%
17.0%
18.5%
22.6%
20.0%
Price/earnings ratio *
33.3
32.6
28.8
32.1
24.3
23.2
23.2
22.2
17.2
35.7

(1) The Company's French operations have been presented as discontinued operations through 2007, the years of ownership. In 2009, discontinued operations represented the recognition of previously unrecognized tax benefits for certain deductions that were taken on prior tax returns related to the shutdown of the Company's French operations.

(2) All per share amounts and number of shares outstanding have been restated to reflect the 2016 2-for-1 stock split for the periods presented.

13




(3) The Company adopted the provisions of the Financial Accounting Standards Board Accounting Standards Codification 715, “Compensation - Retirement Benefits” on December 31, 2006, with respect to recognizing the funded status of pension and postretirement benefit plans, and at December 31, 2008, with respect to changing the measurement date.

*Description of calculations as of the applicable year end:
Book value per share equals total shareholders' equity at year-end divided by the number of common shares outstanding.
Working capital equals total current assets less total current liabilities.
Current ratio equals total current assets divided by total current liabilities.
Debt as a percent of total debt and equity equals total debt (the sum of short-term debt, current portion of long-term debt and long-term debt) divided by the sum of total debt and total shareholders' equity at year-end. The debt of the discontinued French operations is included in this calculation through 2007, the years of ownership, although there was no debt at the end of 2007 related to the French operations.
Return on shareholders' equity equals earnings from continuing operations divided by total shareholders' equity at year-end.
Price/earnings ratio equals the year-end closing stock price for common stock divided by diluted earnings per share from continuing operations.

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

BUSINESS DESCRIPTION AND OVERVIEW

Badger Meter is an innovator in flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial customers worldwide. The Company’s products measure water, oil, chemicals and other fluids, and are known for accuracy, long-lasting durability and for providing and communicating valuable and timely measurement data. The Company’s product lines fall into two categories: sales of water meters and related technologies to municipal water utilities (municipal water) and sales of meters to various industries for water and other fluids (flow instrumentation). The Company estimates that over 85% of its products are used in water applications when both categories are grouped together.

Municipal water, the largest category by sales volume, includes mechanical and ultrasonic (electronic) water meters and related technologies and services used by municipal water utilities as the basis for generating water and wastewater revenues. The key market for the Company’s municipal water meter products is North America, primarily the United States, because most of the Company's meters are designed and manufactured to conform to standards promulgated by the American Water Works Association. The majority of water meters sold by the Company continue to be mechanical in nature. In recent years, the Company has made inroads in selling ultrasonic water meters. The development of smaller diameter ultrasonic water meters combined with advanced radio technology now provides the Company with the opportunity to sell into other geographical markets, for example Europe, the Middle East and South America. In the municipal water category, sales of water meters and related technologies and services are also commonly referred to as residential or commercial water meter sales, the latter referring to larger sizes of water meters.

Flow instrumentation includes meters and valves sold worldwide to measure and control materials flowing through a pipe or pipeline including water, air, steam, oil, and other liquids and gases. These products are used in a variety of applications, primarily into the following industries: water/wastewater; heating, ventilating and air conditioning (HVAC); oil and gas; chemical and petrochemical; test and measurement; automotive aftermarket; and the concrete construction process. Furthermore, the Company’s flow instrumentation technologies are sold to original equipment manufacturers as the primary flow measurement device within a product or system.

Residential and commercial water meters are generally classified as either manually read meters or remotely read meters via radio technology. A manually read meter consists of a water meter and a register that provides a visual totalized meter reading. Meters equipped with radio technology (endpoints) receive flow measurement data from encoder registers attached to the water meter, which is encrypted and transmitted via radio frequency to a receiver that collects and formats the data appropriately for water utility billing systems. These remotely read, or mobile, systems are either automatic meter reading (AMR) systems, where a vehicle equipped for meter reading purposes, including a radio receiver, computer and reading software, collects the data from utilities’ meters; or fixed network advanced metering infrastructure (AMI) systems, where data is gathered utilizing a network of permanent data collectors or gateway receivers that are always active or listening for the radio transmission from the utilities’ meters. AMI systems eliminate the need for utility personnel to drive through service territories to collect data from the meters. These systems provide the utilities with more frequent and diverse data from their meters at specified intervals.

The ORION family of radio endpoints provides water utilities with a range of industry-leading options for meter reading. These include ORION Migratable (ME) (for mobile meter reading), ORION Fixed Network (SE) (for traditional fixed

14



network applications), and ORION Cellular (for infrastructure-free meter reading). ORION Migratable makes the migration to fixed network easier for utilities that prefer to start with mobile reading and later adopt fixed network communications, allowing utilities to choose a solution for their current needs and be positioned for their future operational changes. ORION Cellular eliminates the need for utility-owned fixed network infrastructure, allows for rapid deployment and decreases ongoing maintenance.

Critical to the water metering ecosystem is information and analytics. The Company’s BEACON AMA Managed Solution is the latest in metering technology. BEACON AMA combines the BEACON analytical software suite with proven ORION technologies using two-way fixed and cellular networks in a managed solution, improving utilities’ visibility of their water consumption and eliminating the need for costly utility-managed infrastructure.

The BEACON AMA secure, cloud-hosted software suite includes a customizable dashboard, the ability to establish alerts for specific conditions, and consumer engagement tools that allow end water customers to view and manage their water usage activity. Benefits to the utility include improved customer service, increased visibility through faster leak detection, the ability to promote and quantify the effects of its water conservation efforts, and easier compliance reporting.

The Company’s net sales and corresponding net earnings depend on unit volume and product mix, with the Company generally earning higher margins on meters equipped with radio technology. The Company’s proprietary radio products generally result in higher margins than the remarketed, non-proprietary technology products. The Company also sells registers and endpoints separately to customers who wish to upgrade their existing meters in the field.

Water meter replacement and the adoption and deployment of new technology comprise the majority of water meter product sales, including radio products. To a much lesser extent, housing starts also contribute to the new product sales base. Over the last decade, there has been a growing trend in the conversion from manually read water meters to radio technology. This conversion rate is accelerating and contributes to an increased water meter and radio solutions base of business. The Company estimates that approximately 55% of water meters installed in the United States have been converted to a radio solutions technology. The Company’s strategy is to fulfill customers’ metering expectations and requirements with its proprietary meter reading systems or other systems available through its alliance partners in the marketplace.

Flow instrumentation products serve flow measurement and control applications across a broad industrial spectrum, occasionally leveraging the same technologies used in the municipal water category. Specialized communication protocols that control the entire flow measurement process and mandatory certifications drive these markets. The Company’s specific flow measurement and control applications and technologies serve the flow measurement market through both customized and standard flow instrumentation solutions.

Industries today face accelerating demands to contain costs, reduce product variability, and meet ever-changing safety, regulatory and sustainability requirements. To address these challenges, customers must reap more value from every component in their systems. This system-wide scrutiny has heightened the focus on flow instrumentation in industrial process, manufacturing, commercial fluid, building automation, and precision engineering applications where flow measurement and control are critical.

An industry leader in both mechanical and electrical flow metering technologies, the Company offers one of the broadest flow measurement, control and communication portfolios in the market. The portfolio carries respected brand names including Recordall, E-Series, ORION, Hedland, Dynasonics, Blancett, and Research Control, and includes eight of the ten major flow meter technologies. Customers rely on the Company for application-specific solutions that deliver accurate, timely and dependable flow data and control essential for product quality, cost control, safer operations, regulatory compliance, and more sustainable operations.
    
Business Trends

Increasingly, the electric utility industry relies on AMI technology for two-way communication to monitor and control electrical devices at the customer's site. Although the Company does not sell products for electric market applications, the trend toward AMI affects the markets in which the Company does participate, particularly for those customers in the water utility market that are interested in more frequent and diverse data collection. Specifically, AMI and AMA technologies enable water utilities to capture readings from each meter at more frequent and variable intervals. Similar to the electric utility industry’s conversion to solid-state meters in recent years, the water utility industry is beginning the conversion from mechanical to ultrasonic meters. Ultrasonic water metering has lower barriers to entry, which could affect the competitive landscape for the water meter market in North America.


15



The Company sells its technology solutions to meet customer requirements. Since the technology products have comparable margins, any change in the mix between AMR, AMI or AMA is not expected to have a significant impact on the Company's net sales related to meter reading technology.
    
There are approximately 52,000 water utilities in the United States and the Company estimates that approximately 55% of them have converted to a radio solutions technology. With the BEACON AMA managed solution and its wide breadth of water meters, the Company believes it is well positioned to meet customers' future needs.

In the global market, companies need to comply with increasing regulations requiring companies to better manage critical resources, monitor their use of hazardous materials, and reduce exhaust gases. Some customers measure fluids to identify leaks and/or misappropriation for cost control or add measurement points to help automate manufacturing. Other customers employ measurement to comply with government mandates and laws. The Company provides technology to measure water, hydrocarbon-based fluids, chemicals, gases and steams.

Flow measurements are critical to provide a baseline and quantify reductions as customers attempt to reduce consumption. Once water usage is better understood, a strategy for water-use reduction can be developed with specific water-reduction initiatives targeted to those areas where water reduction is most viable. With the Company’s technology, customers have found costly leaks, pinpointed equipment in need of repair, and identified areas for process improvements.

Acquisitions

On October 20, 2016, the Company acquired certain assets of Precision Flow Measurement, Inc., doing business as Nice Instruments, of Manalapan Township, New Jersey. The acquisition adds a new technology for the measurement of steam to the Company's HVAC line of products.

The total purchase consideration for the Nice Instruments assets was $2.0 million, which included a $0.2 million payment after the first production run that occurred in January 2017. The Company's preliminary allocation of the purchase price at December 31, 2016 included approximately $15,000 of inventory and equipment, $0.7 million of intangibles and $1.3 million of goodwill. As of December 31, 2016, the Company had not completed its analysis for estimating the fair value of the assets acquired. This acquisition is further described in Note 3 “Acquisitions” in the Notes to Consolidated Financial Statements.

On August 17, 2015, the Company's wholly-owned subsidiary, National Meter and Automation, Inc. (“National Meter”), acquired certain assets of United Utilities, Inc. of Smyrna, Tennessee, which was one of the Company's distributors serving Tennessee and Georgia.
    
The total purchase consideration for the United Utilities assets was $3.3 million, which included $0.4 million in cash and settlement of $2.9 million of pre-existing Company receivables. The Company's preliminary allocation of the purchase price at December 31, 2015 included $0.8 million of receivables, $0.4 million of inventory, $0.1 million of property, plant and equipment, $1.7 million of intangibles and $0.3 million of goodwill. The preliminary allocation of the purchase price to the assets acquired was based upon the estimated fair value at the date of acquisition. In 2016, the Company completed its analysis for estimating the fair value of the assets acquired with no additional adjustments. This acquisition is further described in Note 3 “Acquisitions” in the Notes to Consolidated Financial Statements.
 
On October 1, 2014, the Company acquired 100% of the outstanding common stock of National Meter and Automation, Inc. of Centennial, Colorado. The purchase was estimated to add approximately $15 million of incremental annual revenues to Badger Meter, after eliminating what would be intercompany sales. National Meter was a major distributor of Badger Meter products for the municipal water utility market, serving customers in Arizona, California, Colorado, Nevada and southern Wyoming. National Meter has become a regional distribution center for Badger Meter. In addition to its primary product line of water meters and meter reading systems, National Meter provides services including meter testing, leak detection, water audits, and meter and meter reading system installation.

The total purchase consideration for National Meter was $22.9 million, which included $20.3 million in cash, a working capital adjustment and settlement of pre-existing Company receivables. The Consolidated Balance Sheets at December 31, 2014 included $2.5 million of deferred payments, of which $2.0 million was paid in late 2015 and early 2016, and $0.5 million is payable in early 2017 and is recorded in Payables at December 31, 2016. The Company finalized the valuation for estimating the fair value of the assets acquired and liabilities assumed at September 30, 2015 with a small change from the preliminary December 31, 2014 estimate. This acquisition is further described in Note 3 “Acquisitions” in the Notes to Consolidated Financial Statements.

16



    
Revenue and Product Mix

As the industry continues to evolve, the Company has been vigilant in anticipating and exceeding customer expectations. In 2011, the Company introduced AMA as a hardware and software solution for water and gas utilities, and then in early 2014 launched its new BEACON AMA system, as a managed solution, which it believes will help maintain the Company's position as a market leader. Since its inception, sales of BEACON AMA have continued to grow with large cities and private water utilities selecting BEACON AMA and the Company’s industry-leading water meters.

The Company continues to seek opportunities for additional revenue enhancement. For instance, the Company is periodically asked to oversee and perform field installation of its products for certain customers. The Company assumes the role of general contractor, hiring installation subcontractors and supervising their work. The Company also supports its product and technology sales with the sale of extended service programs that provide additional services beyond the standard warranty. In recent years, the Company has sold ORION radio technology to natural gas utilities for installation on their gas meters. And most recently, the introduction of the BEACON AMA system opens the door to “software as a service” revenues. With the exception of a large sale of gas radios to one particular customer several years ago, revenues from such products and services are not yet significant and the Company is uncertain of the potential growth achievable for such products and services in future periods.

RESULTS OF OPERATIONS

Net Sales

Net sales in 2016 increased $16.1 million, or 4.3%, to $393.8 million from $377.7 million in 2015. The overall increase was the result of higher sales of municipal water meters and related products, offset somewhat by lower sales of flow instrumentation products.

Municipal water sales represented 77.3% of total sales in 2016. These sales increased $21.4 million, or 7.6%, to $304.5 million in 2016 compared to $283.1 million in 2015. The increase was the result of higher sales of both residential and commercial water meters and related technologies. Overall, residential sales increased 5.1% while commercial sales increased 21.0%, both due to higher volumes of product sold.

Flow instrumentation sales represented 22.7% of sales in 2016. These sales declined $5.3 million, or 5.6%, to $89.3 million from $94.6 million in 2015. The decrease in sales was primarily due to lower sales of meters to oil and gas customers, the loss of two significant customers and general softness in markets served.

Net sales in 2015 increased $12.9 million, or 3.9%, to $377.7 million from $364.8 million in 2014. The overall increase was the result of higher sales of municipal water meter and related products, offset somewhat by lower sales of flow instrumentation products.

Municipal water sales represented 75.0% of total sales in 2015. These sales increased $23.0 million, or 8.8%, to $283.1 million from $260.1 million in 2014. Included in this increase was $12.8 million of incremental sales associated with the acquisition of National Meter on October 1, 2014 and the assets of United Utilities on August 17, 2015. Overall, residential sales increased, offset by lower commercial sales. Sales of residential meters and technology increased 12.5% driven by higher sales volumes of the Company's ORION products for both mechanical meters as well as the recently introduced E-Series ultrasonic meters. These were offset somewhat by lower volumes of Itron-related products. Commercial meter sales declined 6.7% for the year due to lower volumes of products sold.

Flow instrumentation sales represented 25.0% of total net sales in 2015 compared to 28.7% in 2014. These sales declined $10.1 million, or 9.6%, to $94.6 million from $104.7 million in 2014. The decline was due to the strengthening U.S dollar's effect on sales of products sold in Euros, lower volumes of products sold to oil and natural gas customers related to weak conditions in these markets, weather conditions for a portion of the year and general softness in the overall economy.

International sales for municipal water meters and related technologies are generally made to customers in Canada and Mexico, which use similar mechanical technology and standards as customers in the U.S. The recent introduction of ultrasonic meters allows the Company greater opportunities in other parts of the world, particularly in the Middle East. International sales for flow instrumentation and specialty products are generally made throughout the world. In Europe, sales are made primarily in Euros. Other international sales are made in U.S. dollars or local currencies.
    

17



International sales decreased 16.8% to $45.9 million in 2016 from $55.2 million in 2015 due primarily to lower sales in Mexico and the Middle East, the latter of which tends to be sporadic.

International sales increased 0.2% to $55.2 million in 2015 from $55.1 million in 2014. This was the net effect of increased sales of ultrasonic meters into the Middle East, offset by the strengthening U.S. dollar’s effect on sales made in foreign currencies, particularly the Euro.

Gross Margins

Gross margins as a percentage of sales were 38.2%, 35.9% and 36.0% for 2016, 2015 and 2014, respectively. The increase in 2016 from the 2015 rate was due to better product mix, higher volumes and the resulting impact on capacity utilization, and lower brass costs.

The slight decrease in 2015 from the 2014 rate was the net impact of product mix due to lower sales of flow instrumentation products, which generally carry higher margins, lower material costs primarily related to brass castings, and higher warranty, obsolete inventory and health care expenses.

Operating Expenses

Selling, engineering and administration expenses in 2016 were $99.8 million, or 6.9% higher than these expenses in 2015. The increase was due primarily to higher employee incentive costs due to better financial results, higher software amortization charges and higher professional expenses. Included in 2016 expenses were a pretax $1.5 million of non-cash pension settlements, compared to $0.8 million in 2015.

Selling, engineering and administration expenses in 2015 were $93.4 million, or 9.8% higher than these expenses in 2014. Included in this increase was $8.5 million of expenses associated with National Meter over the amount included in 2014, which only included expenses for the last three months of that year, and $0.3 million associated with United Utilities, from which assets were acquired in August 2015. Included in the 2014 expense were charges totaling $1.7 million (approximately $0.07 per diluted share) for due diligence and other transaction costs related to a potential acquisition that ultimately was not pursued. The remainder of the increase was due to higher software amortization expenses and higher health care costs, offset somewhat by lower employee incentive compensation.

Operating Earnings

Operating earnings in 2016 increased $8.4 million, or 19.8%, to $50.8 million from $42.4 million in 2015. The increase was the result of higher sales and gross margin, offset somewhat by higher selling, engineering and administration expenses.

Operating earnings in 2015 declined $3.6 million or 7.8% to $46.0 million in 2014. The decline was the result of higher operating costs that were partially offset by a modest increase in sales.

Interest Expense, Net
    
Interest expense, net was $0.9 million in 2016 compared to $1.2 million in 2015 and $1.1 million in 2014. The decline in 2016 over 2015 was due to lower average debt balances. For 2015 compared to 2014, relatively stable interest rates and similar average borrowing levels resulted in no significant variations in expenses.

Income Taxes

Income taxes as a percentage of earnings before income taxes were 35.2%, 37.0%, and 33.9% for 2016, 2015 and 2014, respectively. The variances in all three years presented were due primarily to the changes in both state taxes, which depend on each year’s sales mix, as well as the relationship between foreign and domestic incomes which are taxed at different rates. Particularly in 2015, the relationship between foreign and domestic incomes resulted in more domestic income taxed at higher rates, while 2016 and 2014 had higher foreign income which was taxed at lower rates.


18



Earnings and Diluted Earnings per Share
    
Because of the increased operating earnings and the lower effective tax rate, net earnings were $32.3 million in 2016 compared to $25.9 million in 2015. On a diluted basis, earnings per share were $1.11 in 2016 compared to $0.90 in 2015.

Because of the decreased operating earnings and the higher effective tax rate, net earnings were $25.9 million in 2015 compared to $29.7 million in 2014. On a diluted basis, earnings per share were $0.90 in 2015 compared to $1.03 in 2014.    

LIQUIDITY AND CAPITAL RESOURCES
    
The main sources of liquidity for the Company are cash from operations and borrowing capacity. In addition, depending on market conditions, the Company may access the capital markets to strengthen its capital position and to provide additional liquidity for general corporate purposes. Cash provided by operations in 2016 was $56.2 million compared to $35.8 million in 2015. Higher net income and improved working capital were the primary drivers of the higher cash generation.

Receivables at December 31, 2016 were $59.8 million compared to $56.6 million at the end of 2015. The increase between years was due to the inclusion of an income tax receivable in the December 31, 2016 balance that did not exist in the prior year. The Company believes its net receivables balance is fully collectible.

Inventories at December 31, 2016 were $77.7 million compared to $78.6 million at December 31, 2015. The decrease was a function of the timing of purchases and sales.

Property, plant and equipment increased primarily as a net result of capital expenditures, offset by depreciation expense. Capital expenditures totaled $10.6 million in 2016 compared to $19.8 million in 2015 as expenditures returned to more normal levels.

Intangible assets of $51.9 million at December 31, 2016 reflected a decrease from $57.3 million at December 31, 2015. This was the net impact of normal amortization expense, offset by the addition of $0.7 million associated with the purchase of Nice Instrumentation's assets.

Short-term debt decreased from $71.4 million at December 31, 2015 to $38.0 million at December 31, 2016 as the funds generated from operations were sufficient to cover investing and financing activities and allow the borrowings to be reduced. At the end of 2016, debt represented 12.9% of the Company’s total capitalization. None of the debt is secured by the Company’s assets.

Payables decreased at December 31, 2016 to $18.4 million compared to $19.2 million at December 31, 2015. The decrease was due to the timing of purchases and payments.

Accrued compensation and employee benefits increased to $13.9 million at December 31, 2016 from $9.7 million at December 31, 2015. The increase was due to higher employee incentives earned as a result of improved financial results.

The overall increase in total shareholders’ equity from $232.3 million at December 31, 2015 to $256.2 million at December 31, 2016 was principally the result of net earnings and stock options exercised, offset by dividends paid.

The Company’s financial condition remains strong. In September 2016, the Company amended its May 2012 credit agreement with its primary lender to a three-year $120.0 million line of credit that supports commercial paper (up to $70.0 million) and includes $5.0 million of a Euro line of credit. While the facility is unsecured, there are a number of financial covenants with which the Company must comply, and the Company was in compliance as of December 31, 2016. The Company believes that its operating cash flows, available borrowing capacity, and its ability to raise capital provide adequate resources to fund ongoing operating requirements, future capital expenditures and the development of new products. The Company continues to take advantage of its local commercial paper market and carefully monitors the current borrowing market. The Company had $94.3 million of unused credit lines available at December 31, 2016.

OFF-BALANCE SHEET ARRANGEMENTS

The Company had no off-balance sheet arrangements at December 31, 2016.


19



CONTRACTUAL OBLIGATIONS

In 2010, the Company restructured the outstanding debt of its Employee Savings and Stock Option Plan (the “ESSOP”) by loaning the ESSOP $0.5 million to repay a loan to a third party and loaning the ESSOP an additional $1.0 million to purchase additional shares of the Company's Common Stock for future 401(k) savings plan matches under a program that will expire on December 31, 2020. Under this program, the Company agreed to pay the principal and interest on the new loan amount of $1.5 million. The receivable from the ESSOP and the related obligation were therefore netted to zero on the Company's Consolidated Balance Sheets at December 31, 2016 and 2015. The terms of the loan call for equal payments of principal with the final payment due on December 31, 2020. At December 31, 2016, $0.6 million of the loan balance remains.
        
The following table includes the Company's significant contractual obligations as of December 31, 2016. There are no material undisclosed guarantees. 
 
Payments due by period
 
Total
 
Less than
1 year
 
1-3 years
 
3-5 years
 
Beyond
 
(In thousands)
Short-term debt
$
37,950

 
$
37,950

 
$

 
$

 
$

Operating leases
13,049

 
2,437

 
3,953

 
2,793

 
3,866

Total contractual obligations
$
50,999

 
$
40,387

 
$
3,953

 
$
2,793

 
$
3,866

    
Other than items included in the preceding table, as of December 31, 2016 the Company had no additional material purchase obligations other than those created in the ordinary course of business related to inventory and property, plant and equipment, which generally have terms of less than 90 days. The Company also has long-term obligations related to its pension and postretirement plans which are discussed in detail in Note 7 “Employee Benefit Plans” in the Notes to Consolidated Financial Statements in Part II, Item 8 of this 2016 Annual Report on Form 10-K.  As of the most recent actuarial measurement date, the Company is not required to make a minimum contribution for its pension plan for the 2017 calendar year. Postretirement medical claims are paid by the Company as they are submitted, and they are anticipated to be $0.4 million in 2017 based on actuarial estimates; however, these amounts can vary significantly from year to year because the Company is self-insured.

CRITICAL ACCOUNTING POLICIES AND USE OF ESTIMATES

The Company's accounting policies are more fully described in Note 1 “Summary of Significant Accounting Policies” in the Notes to Consolidated Financial Statements in Part II, Item 8 of this 2016 Annual Report on Form 10-K. As discussed in Note 1, the preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The Company's more significant estimates relate primarily to the following judgmental reserves: allowance for doubtful accounts, reserve for obsolete inventories, and warranty and after-sale costs reserve. Each of these reserves is evaluated quarterly and is reviewed with the Company's internal Disclosure Committee and the Audit and Compliance Committee of the Board of Directors. The basis for the reserve amounts is determined by analyzing the anticipated exposure for each account, and then selecting the most likely amount based upon historical experience and various other considerations that are believed to be reasonable under the circumstances. These methods have been used for all years in the presented financials and have been used consistently throughout each year. Actual results may differ from these estimates if actual experiences vary from the Company's assumptions.

The criteria used for calculating each of the reserve amounts vary by type of reserve. For the allowance for doubtful accounts reserve, significant past due balances are individually reviewed for collectability, while the balance of accounts are reviewed in conjunction with applying historical write-off ratios. The calculation for the obsolete inventories reserve is determined by analyzing the relationship between the age and quantity of items on hand versus estimated usage to determine if excess quantities exist. The calculation for warranty and after-sale costs reserve uses criteria that include known potential problems on past sales as well as historical claim experience and current warranty trends. The changes in the balances of these reserves at December 31, 2016 compared to the prior year were due to normal business conditions and are not deemed to be significant. While the Company continually tries to improve its estimates, no significant changes in the underlying processes are expected for 2017.


20



The Company also uses estimates in four other significant areas: (i) pension and other postretirement obligations and costs, (ii) stock-based compensation, (iii) income taxes, and (iv) evaluating goodwill at least annually for impairment. The actuarial valuations of benefit obligations and net periodic benefit costs rely on key assumptions including discount rates and long-term expected returns on plan assets. The Company's discount rate assumptions for its pension and postretirement plans are based on the average yield of a hypothetical high quality bond portfolio with maturities that approximately match the estimated cash flow needs of the plans. The assumptions for expected long-term rates of return on assets for its pension plan are based on historical experience and estimated future investment returns, taking into consideration anticipated asset allocations, investment strategies and the views of various investment professionals. The total cost of the Company's stock-based awards is equal to the grant date fair value per award multiplied by the number of awards granted, adjusted for forfeitures. Forfeitures are initially estimated based on historical Company information and subsequently updated over the life of the awards to ultimately reflect actual forfeitures, which could have an impact on the amount of stock compensation cost recognized from period to period. The grant date fair value of stock options relies on assumptions including the risk-free interest rate, dividend yield, market volatility and expected option life. In calculating the provision for income taxes on an interim basis, the Company uses an estimate of the annual effective tax rate based upon the facts and circumstances known at each interim period. On a quarterly basis, the actual effective tax rate is adjusted as appropriate based upon the actual results compared to those forecasted at the beginning of the fiscal year. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The reserve for uncertainty in income taxes is a matter of judgment based on an evaluation of the individual facts and circumstances of each tax position in light of all available evidence, including historic data and current trends. A tax benefit is recognized when it is “more likely than not” to be sustained based solely on the technical merits of each tax position. The Company evaluates and updates all of these assumptions quarterly. Goodwill impairment, if any, is determined by comparing the fair value of the reporting unit with its carrying value and is reviewed at least annually. Actual results may differ from these estimates.

OTHER MATTERS
    
The Company is subject to contingencies related to environmental laws and regulations. The Company is named as one of many potentially responsible parties in two landfill lawsuits. The landfill sites are impacted by the Federal Comprehensive Environmental Response, Compensation and Liability Act and other environmental laws and regulations. At this time, the Company does not believe the ultimate resolution of these matters will have a material adverse effect on the Company’s financial position or results of operations, either from a cash flow perspective or on the financial statements as a whole. This belief is based on the Company’s assessment of its limited past involvement with these landfill sites as well as the substantial involvement of and government focus on other named third parties with these landfill sites. However, due to the inherent uncertainties of such proceedings, the Company cannot predict the ultimate outcome of any of these matters. A future change in circumstances with respect to these specific matters or with respect to sites formerly or currently owned or operated by the Company, off-site disposal locations used by the Company, and property owned by third parties that is near such sites, could result in future costs to the Company and such amounts could be material. Expenditures for compliance with environmental control provisions and regulations during 2016, 2015 and 2014 were not material.

Like other companies in recent years, the Company is named as a defendant in numerous pending multi-claimant/multi-defendant lawsuits alleging personal injury as a result of exposure to asbestos, manufactured by third parties, and in the past may have been integrated into or sold with a very limited number of the Company’s products. The Company is vigorously defending itself against these claims. Although it is not possible to predict the ultimate outcome of these matters, the Company does not believe the ultimate resolution of these issues will have a material adverse effect on the Company’s financial position or results of operations, either from a cash flow perspective or on the financial statements as a whole. This belief is based in part on the fact that no claimant has proven or substantially demonstrated asbestos exposure caused by products manufactured or sold by the Company and that most of the cases have been voluntarily dismissed.

See the “Special Note Regarding Forward Looking Statements” at the front of this Annual Report on Form 10-K and Part I, Item 1A “Risk Factors” in this Annual Report on Form 10-K for the year ended December 31, 2016 for a discussion of risks and uncertainties that could impact the Company's financial performance and results of operations.


21



MARKET RISKS

In the ordinary course of business, the Company is exposed to various market risks. The Company operates in an environment where competition varies from moderate to intense. The Company believes it currently provides the leading technology in water meters and radio systems for water utilities. A number of the Company's competitors in certain markets have greater financial resources. Competitors also include alliance partners that sell products that do or may compete with our products, particularly those that provide radio solutions. As the global water metering market begins to shift to adopt ultrasonic (electronic) technology, the number of competitors may increase. In addition, the market's level of acceptance of the Company's newer product offerings, including the BEACON AMA system, may have a significant effect on the Company's results of operations. As a result of significant research and development activities, the Company enjoys favorable patent positions for several of its products.

The Company's ability to generate operating income and to increase profitability depends somewhat on the general health of the United States and foreign economies, including to some extent such things as the length and severity of global economic downturns; the timing and size of governmental programs such as stimulus fund programs, as well as the impact of government budget cuts or partial shutdowns of governmental operations; international or civil conflicts that affect international trade; the ability of municipal water utility customers to authorize and finance purchases of the Company's products; the Company's ability to obtain financing; housing starts in the United States; and overall industrial activity. In addition, changes in governmental laws and regulations, particularly laws dealing with the content or handling of materials, customs or trade practice, may impact the results of operations. These factors are largely beyond the Company's control and depend on the economic condition and regulatory environment of the geographic region of the Company's operations.

The Company relies on single suppliers for certain castings and components in several of its product lines. Although alternate sources of supply exist for these items, the loss of certain suppliers could temporarily disrupt operations in the short term. The Company attempts to mitigate these risks by working closely with key suppliers, purchasing minimal amounts from alternative suppliers and by purchasing business interruption insurance where appropriate.

Raw materials used in the manufacture of the Company's products include purchased castings made of metal or alloys (such as brass, which uses copper as its main component, aluminum, stainless steel and cast iron), plastic resins, glass, microprocessors and other electronic subassemblies, and components. The Company does not hold significant amounts of precious metals. The price and availability of raw materials is influenced by economic and industry conditions, including supply and demand factors that are difficult to anticipate and cannot be controlled by the Company. Commodity risk is managed by keeping abreast of economic conditions and locking in purchase prices for quantities that correspond to the Company's forecasted usage.

The Company's foreign currency risk relates to the sales of products to foreign customers and purchases of material from foreign vendors. The Company uses lines of credit with U.S. and European banks to offset currency exposure related to European receivables and other monetary assets. As of December 31, 2016 and 2015, the Company's foreign currency net monetary assets were partially offset by comparable debt resulting in no material exposure to the results of operations. The Company believes the effect of a change in foreign currency rates will not have a material adverse effect on the Company's financial position or results of operations, either from a cash flow perspective or on the financial statements as a whole.

The Company typically does not hold or issue derivative instruments and has a policy specifically prohibiting the use of such instruments for trading purposes.

The Company's short-term debt on December 31, 2016 was floating rate debt with market values approximating carrying value. Future annual interest costs for short-term debt will fluctuate based upon short-term interest rates. For the short-term debt on hand on December 31, 2016, the effect of a 1% change in interest rates is approximately $0.4 million.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
    
Information required by this Item is set forth in Part II, Item 7 “Management's Discussion and Analysis of Financial Condition and Results of Operations” under the heading “Market Risks” in this 2016 Annual Report on Form 10-K.


22



ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTAL DATA

BADGER METER, INC.

Management's Annual Report on Internal Control over Financial Reporting
    

The Company's management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Rule 13a-15(f) under the Securities Exchange Act of 1934. The Company's internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. generally accepted accounting principles.

Due to its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

The Company's management assessed the effectiveness of the Company's internal control over financial reporting as of December 31, 2016 using the criteria set forth in Internal Control - Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 Framework). Based on this assessment, the Company's management believes that, as of December 31, 2016, the Company's internal control over financial reporting was effective based on those criteria.
    
Ernst & Young LLP, an independent registered public accounting firm, has audited the Consolidated Financial Statements included in this Annual Report on Form 10-K and, as part of its audit, has issued an attestation report, included herein, on the effectiveness of the Company's internal control over financial reporting.


23



BADGER METER, INC.

Report of Independent Registered Public Accounting Firm


The Board of Directors and Shareholders of Badger Meter, Inc.

We have audited Badger Meter, Inc.’s (the “Company”) internal control over financial reporting as of December 31, 2016, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) (the COSO criteria). Badger Meter, Inc.’s management is responsible for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness of internal control over financial reporting included in the accompanying Management’s Annual Report on Internal Control over Financial Reporting. Our responsibility is to express an opinion on the Company’s internal control over financial reporting based on our audit.

We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.

A company’s internal control over financial reporting is a process designed 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. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

In our opinion, Badger Meter, Inc. maintained, in all material respects, effective internal control over financial reporting as of December 31, 2016, based on the COSO criteria.
    
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated balance sheets of Badger Meter, Inc. as of December 31, 2016 and 2015, and the related consolidated statements of operations, comprehensive income, shareholders’ equity and cash flows for each of the three years in the period ended December 31, 2016 and our report dated February 28, 2017, expressed an unqualified opinion thereon.

/s/ Ernst & Young LLP


Milwaukee, Wisconsin
February 28, 2017


24



BADGER METER, INC.

Report of Independent Registered Public Accounting Firm


The Board of Directors and Shareholders of Badger Meter, Inc.

We have audited the accompanying consolidated balance sheets of Badger Meter, Inc. (the “Company”) as of December 31, 2016 and 2015, and the related consolidated statements of operations, comprehensive income, shareholders' equity and cash flows for each of the three years in the period ended December 31, 2016. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of Badger Meter, Inc. at December 31, 2016 and 2015, and the consolidated results of its operations and its cash flows for each of the three years in the period ended December 31, 2016, in conformity with U.S. generally accepted accounting principles.

We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), Badger Meter, Inc.’s internal control over financial reporting as of December 31, 2016, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) and our report dated February 28, 2017 expressed an unqualified opinion thereon.
        
/s/ Ernst & Young LLP


Milwaukee, Wisconsin
February 28, 2017


25



BADGER METER, INC.
Consolidated Balance Sheets  
 
December 31,
 
2016
 
2015
  Assets
(Dollars in thousands)
Current assets:
 
 
 
Cash
$
7,338

 
$
8,163

Receivables
59,818

 
56,643

Inventories:
 
 
 
Finished goods
18,087

 
28,548

Work in process
17,157

 
13,184

Raw materials
42,457

 
36,864

Total inventories
77,701

 
78,596

Prepaid expenses and other current assets
6,155

 
5,926

Total current assets
151,012

 
149,328

Property, plant and equipment, at cost:
 
 
 
Land and improvements
9,068

 
9,033

Buildings and improvements
65,230

 
59,839

Machinery and equipment
126,680

 
125,197

 
200,978

 
194,069

Less accumulated depreciation
(110,784
)
 
(103,149
)
Net property, plant and equipment
90,194

 
90,920

Intangible assets, at cost less accumulated amortization
51,872

 
57,348

Other assets
6,607

 
8,485

Deferred income taxes
700

 
1,421

Goodwill
49,314

 
47,978

Total assets
$
349,699

 
$
355,480

Liabilities and Shareholders’ Equity
Current liabilities:
 
 
 
Short-term debt
$
37,950

 
$
71,360

Payables
18,350

 
19,155

Accrued compensation and employee benefits
13,861

 
9,663

Warranty and after-sale costs
2,779

 
3,133

Income and other taxes
2,898

 
1,233

Total current liabilities
75,838

 
104,544

Other long-term liabilities
4,019

 
4,809

Deferred income taxes
1,901

 
774

Accrued non-pension postretirement benefits
5,753

 
5,709

Other accrued employee benefits
5,979

 
7,369

Commitments and contingencies (Note 6)

 

Shareholders’ equity:
 
 
 
Common Stock, $1 par; authorized 40,000,000 shares; issued 37,121,618 shares in 2016 and 41,102,538 shares in 2015
37,122

 
41,103

Capital in excess of par value
28,022

 
31,626

Reinvested earnings
223,876

 
204,044

Accumulated other comprehensive loss
(11,635
)
 
(12,780
)
Less: Employee benefit stock
(614
)
 
(768
)
Treasury stock, at cost; 8,003,086 shares in 2016 and 12,052,894 shares in 2015
(20,562
)
 
(30,950
)
Total shareholders’ equity
256,209

 
232,275

Total liabilities and shareholders’ equity
$
349,699

 
$
355,480

See accompanying notes.

26



BADGER METER, INC.
Consolidated Statements of Operations
 
  
Years ended December 31,
 
2016
 
2015
 
2014
 
(In thousands except per share amounts)
Net sales
$
393,761

 
$
377,698

 
$
364,768

Cost of sales
243,185

 
241,922

 
233,626

Gross margin
150,576

 
135,776

 
131,142

Selling, engineering and administration
99,811

 
93,407

 
85,095

Operating earnings
50,765

 
42,369

 
46,047

Interest expense, net
921

 
1,217

 
1,135

Earnings before income taxes
49,844

 
41,152

 
44,912

Provision for income taxes
17,549

 
15,214

 
15,234

Net earnings
$
32,295

 
$
25,938

 
$
29,678

 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
Basic
$
1.12

 
$
0.90

 
$
1.04

 
 
 
 
 
 
Diluted
$
1.11

 
$
0.90

 
$
1.03

 
 
 
 
 
 
Shares used in computation of earnings per share:
 
 
 
 
 
Basic
28,887

 
28,759

 
28,613

Impact of dilutive securities
163

 
135

 
144

Diluted
29,050

 
28,894

 
28,757

See accompanying notes.

27



BADGER METER, INC.
Consolidated Statements of Comprehensive Income

 
Years ended December 31,
 
2016
 
2015
 
2014
 
(Dollars in thousands)
Net earnings
$
32,295

 
$
25,938

 
$
29,678

Other comprehensive income :
 
 
 
 
 
Foreign currency translation adjustment
(328
)
 
(847
)
 
(1,721
)
Pension and postretirement benefits, net of tax
1,473

 
(77
)
 
(2,611
)
Comprehensive income
$
33,440

 
$
25,014

 
$
25,346

See accompanying notes.


28



BADGER METER, INC.
Consolidated Statements of Cash Flows
 
Years ended December 31,
 
2016
 
2015
 
2014
 
(Dollars in thousands)
Operating activities:
 
 
 
 
 
Net earnings
$
32,295

 
$
25,938

 
$
29,678

Adjustments to reconcile net earnings to net cash provided by operations:
 
 
 
 
 
Depreciation
10,715

 
9,993

 
8,891

Amortization
11,727

 
10,606

 
6,773

Deferred income taxes
710

 
(3,023
)
 
(1,334
)
Contributions to pension plan
(1,000
)
 

 

Noncurrent employee benefits
660

 
1,261

 
4,417

Stock-based compensation expense
1,537

 
1,541

 
1,449

Changes in:
 
 
 
 
 
Receivables
(3,561
)
 
(5,511
)
 
(997
)
Inventories
955

 
(7,116
)
 
(6,943
)
Prepaid expenses and other current assets
(961
)
 
(1,632
)
 
(2,060
)
Liabilities other than debt
3,108

 
3,774

 
(4,139
)
Total adjustments
23,890

 
9,893

 
6,057

Net cash provided by operations
56,185

 
35,831

 
35,735

Investing activities:
 
 
 
 
 
Property, plant and equipment additions
(10,596
)
 
(19,766
)
 
(12,332
)
Acquisitions, net of cash acquired
(1,800
)
 
(1,907
)
 
(20,829
)
Net cash used for investing activities
(12,396
)
 
(21,673
)
 
(33,161
)
Financing activities:
 
 
 
 
 
Net (decrease) increase in short-term debt
(33,096
)
 
(3,960
)
 
6,653

Dividends paid
(12,461
)
 
(11,261
)
 
(10,633
)
Proceeds from exercise of stock options
568

 
1,641

 
730

Tax benefit on stock options

 
141

 
38

Issuance of treasury stock
518

 
470

 
469

Net cash used for financing activities
(44,471
)
 
(12,969
)
 
(2,743
)
Effect of foreign exchange rates on cash
(143
)
 
318

 
(438
)
(Decrease) Increase in cash
(825
)
 
1,507

 
(607
)
Cash — beginning of year
8,163

 
6,656

 
7,263

Cash — end of year
$
7,338

 
$
8,163

 
$
6,656

Supplemental disclosures of cash flow information:
 
 
 
 
 
Cash paid during the year for:
 
 
 
 
 
Income taxes
$
19,723

 
$
18,167

 
$
17,218

Interest
$
952

 
$
1,246

 
$
1,144

Non cash transaction:
 
 
 
 
 
Settlement of National Meter and Automation, Inc. payables prior to the acquisition
$

 
$

 
$
2,623

Settlement of United Utilities, Inc. payables prior to the acquisition
$

 
$
2,866

 
$

See accompanying notes.

29



BADGER METER, INC.
Consolidated Statements of Shareholders’ Equity

 
Years ended December 31,
 
Common
Stock at $1
par value*
 
Capital in
excess of
par value
 
Reinvested
earnings
 
Accumulated
other
comprehensive
income
(loss)
 
Employee
benefit
stock
 
Treasury
stock
 
Total
 
(In thousands except per share amounts)
Balance, December 31, 2013
$
41,008

 
$
25,123

 
$
170,318

 
$
(7,524
)
 
$
(1,075
)
 
$
(31,287
)
 
$
196,563

Net earnings

 

 
29,678

 

 

 

 
29,678

Pension and postretirement benefits (net of $(1,381) tax effect)

 

 

 
(2,611
)
 

 

 
(2,611
)
Foreign currency translation

 

 

 
(1,721
)
 

 

 
(1,721
)
Cash dividends of $0.37 per share

 

 
(10,631
)
 

 

 

 
(10,631
)
Stock options exercised
38

 
692

 

 

 

 

 
730

Tax benefit on stock options and dividends

 
38

 

 

 

 

 
38

ESSOP transactions

 
214

 

 

 
153

 

 
367

Stock-based compensation

 
1,449

 

 

 

 

 
1,449

Issuance of treasury stock (60 shares)

 
314

 

 

 

 
155

 
469

Balance, December 31, 2014
41,046

 
27,830

 
189,365

 
(11,856
)
 
(922
)
 
(31,132
)
 
214,331

Net earnings

 

 
25,938

 

 

 

 
25,938

Pension and postretirement benefits (net of $(122) tax effect)

 

 

 
(77
)
 

 

 
(77
)
Foreign currency translation

 

 

 
(847
)
 

 

 
(847
)
Cash dividends of $0.39 per share

 

 
(11,259
)
 

 

 

 
(11,259
)
Stock options exercised
57

 
1,517

 

 

 

 
67

 
1,641

Tax benefit on stock options and dividends

 
141

 

 

 

 

 
141

ESSOP transactions

 
242

 

 

 
154

 

 
396

Stock-based compensation

 
1,541

 

 

 

 

 
1,541

Issuance of treasury stock (70 shares)

 
355

 

 

 

 
115

 
470

Balance, December 31, 2015
41,103

 
31,626

 
204,044

 
(12,780
)
 
(768
)
 
(30,950
)
 
232,275

Net earnings

 

 
32,295

 

 

 

 
32,295

Pension and postretirement benefits (net of $1,019 tax effect)

 

 

 
1,473

 

 

 
1,473

Foreign currency translation

 

 

 
(328
)
 

 

 
(328
)
Cash dividends of $0.43 per share

 

 
(12,463
)
 

 

 

 
(12,463
)
Stock options exercised
19

 
528

 

 

 

 
22

 
569

Tax deficiency on stock options and dividends

 
(110
)
 

 

 

 

 
(110
)
ESSOP transactions

 
289

 

 

 
154

 

 
443

Stock-based compensation

 
1,537

 

 

 

 

 
1,537

Retirement of treasury stock
(4,000
)
 
(6,260
)
 

 

 

 
10,260

 

Issuance of treasury stock (41 shares)

 
412

 

 

 

 
106

 
518

Balance, December 31, 2016
$
37,122

 
$
28,022

 
$
223,876

 
$
(11,635
)
 
$
(614
)
 
$
(20,562
)
 
$
256,209

 

*
Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.

See accompanying notes.

30


BADGER METER, INC.
Notes to Consolidated Financial Statements
December 31, 2016, 2015 and 2014



Note 1 Summary of Significant Accounting Policies

Profile

Badger Meter is an innovator in flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial customers worldwide. The Company’s products measure water, oil, chemicals and other fluids, and are known for accuracy, long-lasting durability and for providing and communicating valuable and timely measurement data. The Company’s product lines fall into two categories: sales of water meters and related technologies to municipal water utilities (municipal water) and sales of meters to various industries for water and other fluids (flow instrumentation). The Company estimates that over 85% of its products are used in water applications when both categories are grouped together.

Municipal water, the largest category by sales volume, includes mechanical and ultrasonic (electronic) water meters and related technologies and services used by municipal water utilities as the basis for generating water and wastewater revenues. The key market for the Company’s municipal water meter products is North America, primarily the United States, because most of the Company's meters are designed and manufactured to conform to standards promulgated by the American Water Works Association. The majority of water meters sold by the Company continue to be mechanical in nature. In recent years, the Company has made inroads in selling ultrasonic water meters. The development of smaller diameter ultrasonic water meters combined with advanced radio technology now provides the Company with the opportunity to sell into other geographical markets, for example Europe, the Middle East and South America. In the municipal water category, sales of water meters and related technologies and services are also commonly referred to as residential or commercial water meter sales, the latter referring to larger sizes of water meters.

Flow instrumentation includes meters and valves sold worldwide to measure and control materials flowing through a pipe or pipeline including water, air, steam, oil, and other liquids and gases. These products are used in a variety of applications, primarily into the following industries: water/wastewater; heating, ventilating and air conditioning (HVAC); oil and gas; chemical and petrochemical; test and measurement; automotive aftermarket; and the concrete construction process. Furthermore, the Company’s flow instrumentation technologies are sold to original equipment manufacturers as the primary flow measurement device within a product or system.

Consolidation
    
The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany transactions have been eliminated in consolidation.

Receivables

Receivables consist primarily of trade receivables. The Company does not require collateral or other security and evaluates the collectability of its receivables based on a number of factors. An allowance for doubtful accounts is recorded for significant past due receivable balances based on a review of the past due items and the customer's ability and likelihood to pay, as well as applying a historical write-off ratio to the remaining balances. Changes in the Company's allowance for doubtful accounts are as follows:
 
Balance at
beginning
of year
 
Provision
and reserve
adjustments
 
Write-offs
less
recoveries
 
Balance
at end
of year
 
(In thousands)
2016
$
477

 
$
2

 
$
(54
)
 
$
425

2015
$
811

 
$
(152
)
 
$
(182
)
 
$
477

2014
$
531

 
$
305

 
$
(25
)
 
$
811



31


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


Inventories
    
Inventories are valued at the lower of cost or market. Cost is determined using the first-in, first-out method. The Company estimates and records provisions for obsolete inventories. Changes to the Company's obsolete inventories reserve are as follows:
 
Balance at
beginning
of year
 
Net additions
charged to
earnings
 
Disposals
 
Balance
at end
of year
 
(In thousands)
2016
$
3,836

 
$
1,017

 
$
(1,214
)
 
$
3,639

2015
$
3,314

 
$
2,530

 
$
(2,008
)
 
$
3,836

2014
$
4,236

 
$
974

 
$
(1,896
)
 
$
3,314


Property, Plant and Equipment

Property, plant and equipment are stated at cost. Depreciation is provided over the estimated useful lives of the respective assets by the straight-line method. The estimated useful lives of assets are: for land improvements, 15 years; for buildings and improvements, 10 to 39 years; and for machinery and equipment, 3 to 20 years.

Capitalized Software and Hardware

Capitalized internal use software and hardware included in prepaid expenses and other current assets in the Consolidated Balance Sheets were $2.3 million and $2.0 million at December 31, 2016 and 2015, respectively. In addition, there was $3.3 million and $5.0 million at December 31, 2016 and 2015, respectively, included in other assets in the Consolidated Balance Sheets. These amounts are amortized on a straight-line basis over the estimated useful lives of the software and/or hardware, ranging from 1 to 5 years. Amortization expense recognized for the years ending December 31, 2016, 2015 and 2014 was $3.1 million, $2.4 million and $1.4 million, respectively.

Long-Lived Assets

Property, plant and equipment and identifiable intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If the sum of the expected undiscounted cash flows is less than the carrying value of the related asset or group of assets, a loss is recognized for the difference between the fair value and carrying value of the asset or group of assets. No adjustments were recorded as a result of these reviews during 2016, 2015 and 2014.


32


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


Intangible Assets
    
Intangible assets are amortized on a straight-line basis over their estimated useful lives, ranging from 5 to 20 years. The Company does not have any intangible assets deemed to have indefinite lives. Amortization expense recognized for 2016 and 2015 was $6.1 million and $5.5 million in 2014. Amortization expense expected to be recognized is $6.1 million in 2017, $5.9 million in each year of 2018 through 2020, $5.8 million in 2021, and $22.2 million thereafter. The carrying value and accumulated amortization by major class of intangible assets are as follows:
 
December 31, 2016
 
December 31, 2015
 
Gross carrying
amount
 
Accumulated
amortization
 
Gross carrying
amount
 
Accumulated
amortization
 
(In thousands)
Technologies
$
47,657

 
$
18,970

 
$
47,157

 
$
16,104

Non-compete agreements
2,112

 
1,670

 
2,062

 
1,455

Licenses
650

 
458

 
650

 
441

Customer lists
4,923

 
1,698

 
4,923

 
1,327

Customer relationships
20,790

 
7,416

 
20,690

 
5,494

Trade names
9,475

 
3,523

 
9,475

 
2,788

Total intangibles
$
85,607

 
$
33,735

 
$
84,957

 
$
27,609


Goodwill
    
Goodwill is tested for impairment annually during the fourth fiscal quarter or more frequently if an event indicates that the goodwill might be impaired. Potential impairment is identified by comparing the fair value of a reporting unit with its carrying value. No adjustments were recorded to goodwill as a result of these reviews during 2016, 2015 and 2014.

Goodwill was $49.3 million, $48.0 million and $47.7 million at December 31, 2016, 2015 and 2014, respectively. The increases resulted from the asset purchase of Nice Instrumentation of Manalapan Township, New Jersey in 2016 and the asset purchase of United Utilities Inc. of Smyrna, Tennessee in 2015. These acquisitions are further described in Note 3 “Acquisitions.”

Revenue Recognition
    
Revenues are generally recognized upon shipment of product, which corresponds with the transfer of title. The costs of shipping are generally billed to the customer upon shipment and are included in cost of sales. A small portion of the Company's sales includes shipments of products combined with services, such as meters sold with installation. The product and installation components of these multiple deliverable arrangements are considered separate units of accounting. The value of these separate units of accounting is determined based on their relative fair values determined on a stand-alone basis. Revenue is generally recognized when the last element of the multiple deliverable is delivered, which corresponds with installation and acceptance by the customer. The Company also sells a small number of extended support service agreements on certain products for the period subsequent to the normal support service provided with the original product sale. Revenue is recognized over the service agreement period, which is generally one year. In 2014, the company began offering software as a service with its BEACON AMA product and revenue for this service is recognized on a monthly basis as the service is performed.
  

33


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


Warranty and After-Sale Costs
        
The Company estimates and records provisions for warranties and other after-sale costs in the period in which the sale is recorded, based on a lag factor and historical warranty claim experience. After-sale costs represent a variety of activities outside of the written warranty policy, such as investigation of unanticipated problems after the customer has installed the product, or analysis of water quality issues. Changes in the Company's warranty and after-sale costs reserve are as follows:
 
Balance at
beginning
of year
 
Net additions
charged to
earnings
 
Adjustments to pre-existing warranties
 
Costs
incurred 
 
Balance
at end
of year
 
(In thousands)
2016
$
3,133

 
$
3,559

 
$
(554
)
 
$
(3,359
)
 
$
2,779

2015
$
1,739

 
$
1,559

 
$
1,278

 
$
(1,443
)
 
$
3,133

2014
$
882

 
$
2,255

 
$
257

 
$
(1,655
)
 
$
1,739

 
Research and Development
    
Research and development costs are charged to expense as incurred and amounted to $10.6 million in both 2016 and 2015 and $9.5 million in 2014.

 Stock-Based Compensation Plans
    
As of December 31, 2016, the Company has an Omnibus Incentive Plan under which 1,400,000 shares are reserved for restricted stock and stock option grants for employees as well as stock grants for directors as described in Note 5 “Stock Compensation.” The plan was originally approved in 2011 and replaced all prior stock-based plans except for shares and options previously issued under those plans.

The Company recognizes the cost of stock-based awards in net earnings for all of its stock-based compensation plans on a straight-line basis over the service period of the awards. The Company estimates the fair value of its option awards using the Black-Scholes option-pricing formula, and records compensation expense for stock options ratably over the stock option grant's vesting period. The Company values restricted stock and stock grants for directors on the closing price of the Company's stock on the day the grant was awarded. Total stock compensation expense recognized by the Company was $1.6 million for 2016, $1.5 million for 2015 and $1.4 million for 2014.

Healthcare
    
The Company estimates and records provisions for healthcare claims incurred but not reported, based on medical cost trend analysis, reviews of subsequent payments made and estimates of unbilled amounts.

Accumulated Other Comprehensive Loss

Components of accumulated other comprehensive loss at December 31, 2016 are as follows:
 
Pension and postretirement benefits
 
Foreign currency
 
Total
 
 
 
(In thousands)
 
 
Balance at beginning of period
$
(11,968
)
 
$
(812
)
 
$
(12,780
)
Other comprehensive income before reclassifications

 
(328
)
 
(328
)
Amounts reclassified from accumulated other comprehensive loss, net of tax of $(1.0) million
1,473

 

 
1,473

Net current period other comprehensive loss (income), net
1,473

 
(328
)
 
1,145

Accumulated other comprehensive loss
$
(10,495
)
 
$
(1,140
)
 
$
(11,635
)


34


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


Details of reclassifications out of accumulated other comprehensive loss during 2016 are as follows:
 
Amount reclassified from accumulated other comprehensive loss
 
(In thousands)
Amortization of employee benefit plan items:
 
Prior service cost (1)
$
(25
)
Settlement expense (1)
1,510

Actuarial loss (1)
1,007

Total before tax
2,492

Income tax benefit
(1,019
)
Amount reclassified out of accumulated other comprehensive loss
$
1,473


(1)
These accumulated other comprehensive loss components are included in the computation of benefit plan costs in Note 7 “Employee Benefit Plans.”
    
Components of accumulated other comprehensive loss at December 31, 2015 are as follows:
 
Pension and postretirement benefits
 
Foreign currency
 
Total
 
(In thousands)
Balance at beginning of period
$
(11,891
)
 
$
35

 
$
(11,856
)
Other comprehensive income before reclassifications
(1,317
)
 
(847
)
 
(2,164
)
Amounts reclassified from accumulated other comprehensive loss, net of tax of $(0.7) million
1,240

 

 
1,240

Net current period other comprehensive income, net
(77
)
 
(847
)
 
(924
)
Accumulated other comprehensive loss
$
(11,968
)
 
$
(812
)
 
$
(12,780
)

Details of reclassifications out of accumulated other comprehensive loss during 2015 are as follows:
 
Amount reclassified from accumulated other comprehensive loss
 
(In thousands)
Amortization of employee benefit plan items:
 
Prior service cost (1)
$
53

Settlement expense (1)
762

Actuarial loss (1)
1,153

Total before tax
1,968

Income tax benefit
(728
)
Amount reclassified out of accumulated other comprehensive loss
$
1,240


(1)
These accumulated other comprehensive loss components are included in the computation of benefit plan costs in Note 7 “Employee Benefit Plans.”


35


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


Use of Estimates
    
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.

Fair Value Measurements of Financial Instruments

The carrying amounts of cash, receivables and payables in the financial statements approximate their fair values due to the short-term nature of these financial instruments. Short-term debt is comprised of notes payable drawn against the Company's lines of credit and commercial paper. Because of its short-term nature, the carrying amount of the short-term debt also approximates fair value. Included in other assets are insurance policies on various individuals who were associated with the Company. The carrying amounts of these insurance policies approximate their fair value.

Subsequent Events

The Company evaluates subsequent events at the date of the balance sheet as well as conditions that arise after the balance sheet date but before the financial statements are issued. The effects of conditions that existed at the balance sheet date are recognized in the financial statements. Events and conditions arising after the balance sheet date but before the financial statements are issued are evaluated to determine if disclosure is required to keep the financial statements from being misleading. To the extent such events and conditions exist, if any, disclosures are made regarding the nature of events and the estimated financial effects for those events and conditions. For purposes of preparing the accompanying consolidated financial statements and the notes to these financial statements, the Company evaluated subsequent events through the date the accompanying financial statements were issued.

New Pronouncements

In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02 "Leases (Topic 842)," which requires lessees to record most leases on their balance sheets. Lessees initially recognize a lease liability (measured at the present value of the lease payments over the lease term) and a right-of-use ("ROU") asset (measured at the lease liability amount, adjusted for lease prepayments, lease incentives received and the lessee's initial direct costs). Lessees can make an accounting policy election not to recognize ROU assets and lease liabilities for leases with a lease term of 12 months or less as long as the leases do not include options to purchase the underlying assets that the lessee is reasonably certain to exercise. For lessors, the guidance modifies the classification criteria and the accounting for sales-type and direct financing leases. The ASU is effective for fiscal years beginning after December 15, 2018. Early adoption is permitted for all entities. The ASU is effective for the Company beginning on January 1, 2019 and the standard requires the use of a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. Full retrospective application is prohibited. The Company is continuing to evaluate the impact that the adoption of this guidance will have on its financial condition, results of operations and the presentation of its financial statements.

In July 2015, the FASB issued ASU 2015-11 "Simplifying the Measurement of Inventory (Topic 330)," which requires entities to measure inventories at the lower of cost or net realizable value ("NRV"). This simplifies the evaluation from the current method of lower of cost or market, where market is based on one of three measures (i.e. replacement cost, net realizable value, or net realizable value less a normal profit margin). The ASU does not apply to inventories measured under the last-in, first-out method or the retail inventory method, and defines NRV as the "estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation." The ASU is effective on a prospective basis for the Company beginning on January 1, 2017, with early adoption permitted. The adoption of ASU 2015-11 will not have a material impact on the Company's financial condition or results of operations.

In May 2014, the FASB issued accounting standards update number 2014-09 “Revenue from Contracts with Customers.” ASU 2014-09 provides a single principles-based, five-step model to be applied to all contracts with customers. The five steps are to identify the contract(s) with the customer, to identify the performance obligations in the contract, to determine the transaction price, to allocate the transaction price to the performance obligations in the contract and to recognize revenue when each performance obligation is satisfied. Revenue will be recognized when promised goods or services are transferred to the customer in an amount that reflects the consideration expected in exchange for those goods or services. In

36


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. During 2016, the FASB issued additional ASU’s which enhanced the originally issued guidance. These ASU’s encompassed narrow scope improvements and practical expedients along with providing further clarification on the accounting for intellectual property licenses, principal versus agent considerations and identifying performance obligations.

The Company has substantially completed the assessment phase for ASU 2014-09 and is currently documenting formal policies in anticipation of adopting the standard on January 1, 2018. The Company has identified a subset of contracts with customers where services are provided that are both uniquely beneficial and separately identifiable from product sales and thus are considered separate performance obligations under the new guidance. Each of these individual service activities is being documented in scenario development and processes are being established to recognize revenue for each unique performance obligation in accordance with the guidance, when effective. The Company continues to proactively address all potential areas of impact related to ASU 2014-09. To date, the Company has not identified any specific aspect of the new standard that it believes would significantly change the Company’s financial statements.

The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (modified retrospective method). The Company currently anticipates adopting the standard using the modified retrospective method.

Note 2    Common Stock

Common Stock and Rights Agreement

The Company has Common Stock and also Common Share Purchase Rights that trade with the Common Stock. The Common Share Purchase Rights were issued pursuant to the shareholder rights plan discussed below.
    
On February 15, 2008, the Board of Directors of the Company adopted a shareholder rights plan and declared a dividend of one Common Share Purchase Right for each outstanding share of Common Stock of the Company payable to the shareholders of record on May 26, 2008. The plan was effective as of May 27, 2008. Each right entitles the registered holder to purchase from the Company one share of Common Stock at a price of $100.00 per share, subject to adjustment. Subject to certain conditions, the rights are redeemable by the Company and are exchangeable for shares of Common Stock at a favorable price. The rights have no voting power and unless the rights are redeemed, exchanged or terminated earlier, they will expire on May 26, 2018. The rights are an embedded feature of the Company’s Common Stock and not a free-standing instrument, and therefore, do not require separate accounting treatment.

On August 12, 2016, the Company announced a 2-for-1 stock split in the form of a 100% stock dividend payable on September 15, 2016 to shareholders of record at the close of business on August 31, 2016. In this report, all per share amounts and number of shares have been restated to reflect the stock split for all periods presented except for the total authorized shares which was 40 million both before and after the stock split.

Stock Options
    
Stock options to purchase 91,330 shares of the Company's Stock in 2016, 95,144 shares in 2015 and 94,134 shares in 2014 were not included in the computation of dilutive securities because their inclusion would have been anti-dilutive.

Note 3    Acquisitions

On October 20, 2016, the Company acquired certain assets of Precision Flow Measurement, Inc., doing business as Nice Instruments, of Manalapan Township, New Jersey. The acquisition adds a new technology for the measurement of steam to the Company's HVAC line of products.

The total purchase consideration for the Nice Instruments assets was $2.0 million, which included a $0.2 million payment after the first production run that occurred in January 2017. The Company's preliminary allocation of the purchase price at December 31, 2016 included approximately $15,000 of inventory and equipment, $0.7 million of intangibles and $1.3 million of goodwill. The intangible assets acquired are primarily customer technology with an estimated average useful life of 15 years. The preliminary allocation of the purchase price to the assets acquired was based upon the estimated fair values at the

37


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


date of acquisition. As of December 31, 2016, the Company had not completed its analysis for estimating the fair value of the assets acquired.

The Nice Instrumentation acquisition was accounted for under the purchase method, and accordingly, the results of operations were included in the Company's financial statements from the date of acquisition. The acquisition did not have a material impact on the Company's consolidated financial statements or the notes thereto.
  
On August 17, 2015, the Company's wholly-owned subsidiary, National Meter and Automation, Inc. (“National Meter”), acquired certain assets of United Utilities, Inc. of Smyrna, Tennessee, which was one of the Company's distributors serving Tennessee and Georgia.

The total purchase consideration for the United Utilities assets was $3.3 million, which included $0.4 million in cash and settlement of $2.9 million of pre-existing Company receivables. The Company's preliminary allocation of the purchase price at December 31, 2015 included $0.8 million of receivables, $0.4 million of inventory, $0.1 million of property, plant and equipment, $1.7 million of intangibles and $0.3 million of goodwill. The intangible assets acquired are primarily customer relationships with an estimated average useful life of 12 years. The preliminary allocation of the purchase price to the assets acquired was based upon the estimated fair values at the date of acquisition. In 2016, the Company completed its analysis for estimating the fair value of the assets acquired with no additional adjustments.

The United Utilities acquisition was accounted for under the purchase method, and accordingly, the results of operations were included in the Company's financial statements from the date of acquisition. The acquisition did not have a material impact on the Company's consolidated financial statements or the notes thereto.

On October 1, 2014, the Company acquired 100% of the outstanding common stock of National Meter and Automation, Inc. of Centennial, Colorado. The purchase was estimated to add approximately $15 million of incremental annual revenues to Badger Meter, after eliminating what would be intercompany sales. National Meter was a major distributor of Badger Meter products for the municipal water utility market, serving customers in Arizona, California, Colorado, Nevada and southern Wyoming. National Meter has become a regional distribution center for Badger Meter. In addition to its primary product line of water meters and meter reading systems, National Meter provides services including meter testing, leak detection, water audits, and meter and meter reading system installation.

The total purchase consideration for National Meter was $22.9 million, which included $20.3 million in cash, a small working capital adjustment and settlement of pre-existing Company receivables. The Consolidated Balance Sheets at December 31, 2014 included $2.5 million of deferred payments, of which $2.0 million was paid in late 2015 and early 2016 and $0.5 million is payable in early 2017 and is recorded in payables at December 31, 2016. The Company’s allocation of the purchase price as of December 31, 2014 included $3.9 million of receivables, $4.5 million of inventory, $2.8 million of property, plant and equipment, $9.8 million of intangibles, $3.0 million of goodwill, and $0.1 million of current liabilities. The intangible assets acquired are primarily customer relationships with an estimated average useful life of 12 years. The Company finalized the valuation for estimating the fair value of the assets acquired and liabilities assumed at September 30, 2015 with a small change from the preliminary December 31, 2014 estimate. There were approximately $0.4 million of transaction costs related to the acquisition that were included in selling, engineering and administration for 2014 in the Company’s Consolidated Statements of Operations.

The National Meter acquisition was accounted for under the purchase method, and accordingly, the results of operations were included in the Company’s financial statements from the date of acquisition. The acquisition did not have a material impact on the Company’s consolidated financial statements or the notes thereto.
    

38


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


Note 4    Short-term Debt and Credit Lines

Short-term debt at December 31, 2016 and 2015 consisted of:
 
2016
 
2015
 
(In thousands)
Notes payable to banks
$
8,200

 
$
5,860

Commercial paper
29,750

 
65,500

Total short-term debt
$
37,950

 
$
71,360

    
Included in notes payable to banks at December 31, 2016 was $4.2 million outstanding under a 4.0 million Euro-based revolving loan facility that does not expire, and which bore interest at 1.13%. Included in notes payable to banks at December 31, 2015 was $4.4 million outstanding under a 4.0 million Euro-based revolving loan facility that does not expire, and which bore interest at 1.30%.
    
In September 2016, the Company amended its May 2012 credit agreement with its primary lender to a three-year $120.0 million line of credit that supports commercial paper (up to $70.0 million) and includes $5.0 million of a Euro line of credit. Borrowings of commercial paper bore interest at 1.49% in 2016 and 1.25% in 2015. Under the principal line of credit, the Company had $91.3 million of unused credit lines available out of the total of $94.3 million available short-term credit lines at December 31, 2016. While the facility is unsecured, there are a number of financial covenants with which the Company must comply, and the Company was in compliance as of December 31, 2016.

Note 5    Stock Compensation
    
As of December 31, 2016, the Company has an Omnibus Incentive Plan under which 1,400,000 shares are reserved for restricted stock and stock options grants for employees, as well as stock grants for directors. The plan was originally approved in 2011 and replaced all prior stock-based plans except for shares and options previously issued under those plans. As of December 31, 2016 and 2015, there were 741,396 shares and 818,000 shares of the Company’s Common Stock available for grant under the 2011 Omnibus Incentive Plan. The Company recognizes the cost of stock-based awards in net earnings for all of its stock-based compensation plans on a straight-line basis over the service period of the awards. The following sections describe the three types of grants in more detail.

Stock Options

The Company estimates the fair value of its option awards using the Black-Scholes option-pricing formula, and records compensation expense for stock options ratably over the stock option grant’s vesting period. Stock option compensation expense recognized by the Company for the year ended December 31, 2016 related to stock options was $0.5 million in both 2016 and 2015 compared to $0.4 million in 2014.

39


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


     
The following table summarizes the transactions of the Company’s stock option plans for the three-year period ended December 31, 2016: 
 
Number of shares
 
Weighted-average
exercise price
Options outstanding - December 31, 2013
404,756

 
$
19.64

Options granted
47,916

 
$
27.18

Options exercised
(46,032
)
 
$
16.29

Options forfeited

 
n/a

Options outstanding - December 31, 2014
406,640

 
$
20.90

Options granted
49,510

 
$
28.33

Options exercised
(86,538
)
 
$
18.98

Options forfeited

 
n/a

Options outstanding - December 31, 2015
369,612

 
$
22.35

Options granted
42,302

 
$
33.98

Options exercised
(27,656
)
 
$
20.59

Options forfeited

 
n/a

Options outstanding - December 31, 2016
384,258

 
$
23.75

Price range $18.08 — $18.30
 
 
 
(weighted-average contractual life of 5.0 years)
106,660

 
$
18.15

Price range $18.30 — $19.35
 
 
 
(weighted-average contractual life of 4.1 years)
119,516

 
$
21.48

Price range $19.35 — $33.75
 
 
 
(weighted-average contractual life of 7.2 years)
158,082

 
$
29.25

Options outstanding - December 31, 2016
384,258

 
 
Exercisable options —
 
 
 
December 31, 2014
222,032

 
$
19.84

December 31, 2015
210,940

 
$
20.48

December 31, 2016
242,522

 
$
21.01

    
The following assumptions were used for valuing options granted in the years ended December 31:
 
2016
 
2015
Per share fair value of options granted during the period
$13.58
 
$11.54
Risk-free interest rate
1.42
%
 
1.74
%
Dividend yield
1.16
%
 
1.32
%
Volatility factor
48.3
%
 
49.5
%
Weighted-average expected life in years
5.3

 
5.3


The expected life is based on historical exercise behavior and the projected exercise of unexercised stock options. The risk-free interest rate is based on the U.S. Treasury yield curve in effect on the date of grant for the respective expected life of the option. The expected dividend yield is based on the expected annual dividends divided by the grant date market value of the Company’s Common Stock. The expected volatility is based on the historical volatility of the Company’s Common Stock.


40


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


The following table summarizes the aggregate intrinsic value related to options exercised, outstanding and exercisable as of and for the years ended December 31:
 
2016
 
2015
 
(In thousands)
Exercised
$
379

 
$
1,058

Outstanding
$
4,288

 
$
2,569

Exercisable
$
3,370

 
$
1,859

    
As of December 31, 2016, the unrecognized compensation cost related to stock options was approximately $1.2 million, which will be recognized over a weighted average period of 2.3 years.

Director Stock Grant

 Non-employee directors receive an annual award of $54,000 worth of shares of the Company’s Common Stock under the shareholder-approved 2011 Omnibus Incentive Plan. The Company values stock grants for directors on the closing price of the Company’s stock on the day the grant was awarded. The Company records compensation expense for this plan ratably over the annual service period beginning May 1. Director stock compensation expense recognized by the Company for the year ended December 31, 2016, 2015 and 2014 was $0.4 million in each year. As of December 31, 2016, the unrecognized compensation cost related to the director stock award that is expected to be recognized over the remaining four months is estimated to be approximately $0.1 million.

Restricted Stock

The Company periodically issues nonvested shares of the Company's Common Stock to certain eligible employees, generally with a three-year cliff vesting period contingent on employment. The Company values restricted stock on the closing price of the Company's stock on the day the grant was awarded. The Company records compensation expense for these plans ratably over the vesting periods. Nonvested stock compensation expense recognized by the Company for the year ended December 31, 2016 was $1.0 million compared to $1.1 million in 2015 and $1.0 million in 2014.

The fair value of nonvested shares is determined based on the market price of the shares on the grant date.
 
Shares
 
Fair value
per share
Nonvested at December 31, 2013
148,950

 
$
20.27

Granted
43,912

 
$
27.18

Vested
(48,700
)
 
$
18.30

Forfeited
(7,250
)
 
$
20.81

Nonvested at December 31, 2014
136,912

 
$
23.16

Granted
38,386

 
$
28.33

Vested
(52,150
)
 
$
18.08

Forfeited
(2,900
)
 
$
24.44

Nonvested at December 31, 2015
120,248

 
$
26.99

Granted
29,268

 
$
33.98

Vested
(40,700
)
 
$
25.56

Forfeited
(3,500
)
 
$
29.18

Nonvested at December 31, 2016
105,316

 
$
29.41


As of December 31, 2016, there was $1.1 million of unrecognized compensation cost related to nonvested restricted stock that is expected to be recognized over a weighted average period of 1.1 years.


41


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


Note 6    Commitments and Contingencies

Commitments

The Company makes commitments in the normal course of business. The Company leases equipment and facilities under non-cancelable operating leases, some of which contain renewal options. Total future minimum lease payments consisted of the following at December 31, 2016:
 
Total leases
 
(In thousands)
2017
$
2,437

2018
2,245

2019
1,708

2020
1,434

2021
1,359

Thereafter
3,866

Total lease obligations
$
13,049


Total rental expense charged to operations under all operating leases was $3.3 million, $3.2 million and $3.1 million in 2016, 2015 and 2014, respectively.

Contingencies
    
In the normal course of business, the Company is named in legal proceedings. There are currently no material legal proceedings pending with respect to the Company. The more significant legal proceedings are discussed below.

The Company is subject to contingencies related to environmental laws and regulations. The Company is named as one of many potentially responsible parties in two landfill lawsuits. The landfill sites are impacted by the Federal Comprehensive Environmental Response, Compensation and Liability Act and other environmental laws and regulations. At this time, the Company does not believe the ultimate resolution of these matters will have a material adverse effect on the Company’s financial position or results of operations, either from a cash flow perspective or on the financial statements as a whole. This belief is based on the Company’s assessment of its limited past involvement with these landfill sites as well as the substantial involvement of and government focus on other named third parties with these landfill sites. However, due to the inherent uncertainties of such proceedings, the Company cannot predict the ultimate outcome of any of these matters. A future change in circumstances with respect to these specific matters or with respect to sites formerly or currently owned or operated by the Company, off-site disposal locations used by the Company, and property owned by third parties that is near such sites, could result in future costs to the Company and such amounts could be material. Expenditures for compliance with environmental control provisions and regulations during 2016, 2015 and 2014 were not material.
    
Like other companies in recent years, the Company is named as a defendant in numerous pending multi-claimant/multi-defendant lawsuits alleging personal injury as a result of exposure to asbestos, manufactured by third parties, and in the past was integrated into or sold with a very limited number of the Company’s products. The Company is vigorously defending itself against these claims. Although it is not possible to predict the ultimate outcome of these matters, the Company does not believe the ultimate resolution of these issues will have a material adverse effect on the Company’s financial position or results of operations, either from a cash flow perspective or on the financial statements as a whole. This belief is based in part on the fact that no claimant has proven or substantially demonstrated asbestos exposure caused by products manufactured or sold by the Company and that a number of cases have been voluntarily dismissed.

The Company relies on single suppliers for most brass castings and certain resin and electronic subassemblies in several of its product lines. The Company believes these items would be available from other sources, but that the loss of certain suppliers would result in a higher cost of materials, delivery delays, short-term increases in inventory and higher quality control costs in the short term. The Company attempts to mitigate these risks by working closely with key suppliers, purchasing minimal amounts from alternative suppliers and by purchasing business interruption insurance where appropriate.

The Company reevaluates its exposures on a periodic basis and makes adjustments to reserves as appropriate.

42


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014



Note 7    Employee Benefit Plans
    
The Company maintains a non-contributory defined benefit pension plan that covers substantially all U.S. employees who were employed at December 31, 2011. After that date, no further benefits are being accrued in this plan. For the frozen pension plan, benefits are based primarily on years of service and, for certain employees, levels of compensation.

The Company also maintains supplemental non-qualified plans for certain officers and other key employees, and an Employee Savings and Stock Option Plan (“ESSOP”) for the majority of the U.S. employees.

The Company also has a postretirement healthcare benefit plan that provides medical benefits for certain U.S. retirees and eligible dependents hired prior to November 1, 2004. Employees are eligible to receive postretirement healthcare benefits upon meeting certain age and service requirements. No employees hired after October 31, 2004 are eligible to receive these benefits. This plan requires employee contributions to offset benefit costs.

Amounts included in accumulated other comprehensive loss, net of tax, at December 31, 2016 that have not yet been recognized in net periodic benefit cost are as follows:
 
Pension
plans
 
Other
postretirement
benefits
 
(In thousands)
Prior service cost
$

 
$
(23
)
Net actuarial loss
$
10,398

 
$
(339
)
     
Amounts included in accumulated other comprehensive loss, net of tax, at December 31, 2016 expected to be recognized in net periodic benefit cost during the fiscal year ending December 31, 2017 are as follows:
 
Pension
plans
 
Other
postretirement
benefits
 
(In thousands)
Prior service credit
$

 
$
(16
)
Net actuarial loss
$
350

 
$


Qualified Pension Plan
    
The Company maintains a non-contributory defined benefit pension plan (sometimes referred to as the “qualified pension plan”) for certain employees. On December 31, 2010, the Company froze the qualified pension plan for its non-union participants and formed a new defined contribution feature within the ESSOP plan in which each employee received a similar benefit. On December 31, 2011, the Company froze the qualified pension plan for its union participants and included them in the same defined contribution feature within the ESSOP. After December 31, 2011, employees receive no future benefits under the qualified pension benefit plan as benefits were frozen and the employees now receive a defined contribution in its place. Employees will continue to earn returns on their frozen balances.

43


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014



The following table sets forth the components of net periodic pension cost for the years ended December 31, 2016, 2015 and 2014 based on a December 31 measurement date:
 
2016
 
2015
 
2014
 
(In thousands)
Service cost — benefits earned during the year
$
3

 
$
4

 
$
4

Interest cost on projected benefit obligations
1,711

 
1,769

 
1,888

Expected return on plan assets
(2,199
)
 
(2,151
)
 
(2,806
)
Amortization of net loss
575

 
656

 
606

Settlement expense
1,510

 
762

 
858

Net periodic pension cost
$
1,600

 
$
1,040

 
$
550

Actuarial assumptions used in the determination of the net periodic pension cost are:    
 
2016
 
2015
 
2014
Discount rate
4.14
%
 
3.81
%
 
4.47
%
Expected long-term return on plan assets
5.25
%
 
5.00
%
 
6.50
%
Rate of compensation increase
n/a

 
n/a

 
n/a


The Company's discount rate assumptions for the qualified pension plan are based on the average yield of a hypothetical high quality bond portfolio with maturities that approximately match the estimated cash flow needs of the plan. The assumptions for expected long-term rates of return on assets are based on historical experience and estimated future investment returns, taking into consideration anticipated asset allocations, investment strategies and the views of various investment professionals. The use of these assumptions can cause volatility if actual results differ from expected results.

The following table provides a reconciliation of benefit obligations, plan assets and funded status based on a December 31 measurement date:
 
2016
 
2015
 
(In thousands)
Change in benefit obligation:
 
 
 
Benefit obligation at beginning of plan year
$
45,471

 
$
48,200

Service cost
3

 
4

Interest cost
1,711

 
1,769

Actuarial loss/(gain)
537

 
(906
)
Benefits paid
(5,692
)
 
(3,596
)
Projected benefit obligation at measurement date
$
42,030

 
$
45,471

 
 
 
 
Change in plan assets:
 
 
 
Fair value of plan assets at beginning of plan year
$
43,603

 
$
48,656

Actual return on plan assets
3,150

 
(1,457
)
Company contribution
1,000

 

Benefits paid
(5,692
)
 
(3,596
)
Fair value of plan assets at measurement date
$
42,061

 
$
43,603

 
 
 
 
Funded status of the plan:
 
 
 
Benefit plan assets in excess of benefit obligation
31

 

Benefit obligation in excess of plan assets

 
(1,868
)
Prepaid pension asset (accrued pension liability)
$
31

 
$
(1,868
)
    

44


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


The actuarial assumption used in the determination of the benefit obligation of the above data is:
 
2016
 
2015
Discount rate
3.94
%
 
4.14
%
    
The fair value of the qualified pension plan assets was $42.1 million at December 31, 2016 and $43.6 million at December 31, 2015. The variation in the fair value of the assets between years was due to the change in the market value of the underlying investments and benefits paid. Estimated future benefit payments expected to be paid in each of the next five years beginning with 2017 are $4.7 million, $4.2 million, $3.7 million, $4.0 million and $3.1 million, with an aggregate of $13.7 million for the five years thereafter. A voluntary contribution of $1.0 million was made in September 2016 related to the 2015 plan year. As of the most recent actuarial measurement date, the Company is not required to make a minimum contribution for the 2017 calendar year.
    
Historically, the Company employed a total return on investment approach whereby a mix of equities and fixed income investments were used to maximize the long-term return of plan assets for a prudent level of risk. Because of volatility in market returns and the plan’s current funding status, the decision was made in 2014 to move towards a liability driven investing strategy whereby the assets are primarily fixed income investments. The fixed income investments that were chosen under this strategy, while not precisely the same, are meant to parallel the investments selected in determining the discount rate used to calculate the Company’s pension liability. In November 2016, the Company further modified the investment policy to attain a portfolio that consists of intermediate and short-duration investment grade bonds along with a mid-duration long credit fund. At year end, the Company was in the process of implementing this investment policy to meet its target portfolio. The objective of this strategy is to maintain the funding status of the plan by eliminating equity exposure and minimizing interest rate risk. The remaining equity securities at year-end were diversified across various investment categories. Investment risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews, annual liability measurements and periodic asset/liability studies.
    
Accounting Standards Codification 820, “Fair Value Measurements and Disclosures,” establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. This hierarchy consists of three broad levels: Level 1 inputs consist of unadjusted quoted prices in active markets for identical assets and have the highest priority. Level 2 inputs consist of inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for determining the fair value of assets or liabilities that reflect assumptions that market participants would use in pricing assets or liabilities. The plan uses appropriate valuation techniques based on the available inputs to measure the fair value of its investments.
    
The fair value of the Company's qualified pension plan assets by category as of and for the years ended December 31:
                            
 
2016
 
Market
value
 
Quoted
prices in active
markets for
identical assets
(Level 1)
 
Significant
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
(In thousands)
Equity securities (a)
$
4,045

 
$

 
$
4,045

 
$

Fixed income funds (b)
37,527

 

 
37,527

 

Cash/cash equivalents (c)
489

 
489

 

 

Total
$
42,061

 
$
489

 
$
41,572

 
$



45


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


 
2015
 
Market
value
 
Quoted
prices in active
markets for
identical assets
(Level  1)
 
Significant
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
(In thousands)
Equity securities (a)
$
5,614

 
$

 
$
5,614

 
$

Fixed income funds (b)
36,954

 

 
36,954

 

Cash/cash equivalents (c)
1,035

 
1,035

 

 

Total
$
43,603

 
$
1,035

 
$
42,568

 
$


(a)
The Equity funds in aggregate are well diversified by market capitalization, investment style and geography. The funds seek to provide investment results approximating the aggregate price and dividend performance of securities included in the S&P 500 Index, Russell 2000 Index and MSCI All Country World ex-US Index.

(b)
The Fixed Income funds consist of bonds.  In aggregate, the funds seek to provide investment results approximating the return of the Plan’s obligations.  The funds consist of long credit bonds, intermediate credit bonds, short duration government credit bonds and bank loans.

(c)
This category comprises the cash held to pay beneficiaries. The fair value of cash equals its book value.
    
The pension plan has a separately determined accumulated benefit obligation that is the actuarial present value of benefits based upon service rendered and current and past compensation levels. Prior to December 31, 2012, this differed from the projected benefit obligation in that it included no assumption about future compensation levels. The accumulated benefit obligation was $42.0 million at December 31, 2016 and $45.5 million at December 31, 2015.

Supplemental Non-qualified Unfunded Plans

The Company also maintains supplemental non-qualified unfunded plans for certain officers and other key employees. Expense for these plans was $0.3 million for the year ended 2016, $0.2 million for the year ended 2015, and $0.3 million for the year ended 2014. The amount accrued was $1.9 million and $1.6 million as of December 31, 2016 and 2015, respectively. Amounts were determined based on similar assumptions as the qualified pension plan as of the December 31 measurement date for 2016 and 2015.

Other Postretirement Benefits
    
The Company has a postretirement plan that provides medical benefits for certain U.S. retirees and eligible dependents hired prior to November 1, 2004. The following table sets forth the components of net periodic postretirement benefit cost for the years ended December 31, 2016, 2015 and 2014:
 
2016
 
2015
 
2014
 
(In thousands)
Service cost, benefits attributed for service of active employees for the period
$
137

 
$
147

 
$
130

Interest cost on the accumulated postretirement benefit obligation
257

 
251

 
269

Amortization of prior service (credit) cost
(25
)
 
53

 
161

Net periodic postretirement benefit cost
$
369

 
$
451

 
$
560

    

46


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


The discount rate used to measure the net periodic postretirement benefit cost was 4.39% for 2016, 4.01% for 2015 and 4.73% for 2014. It is the Company's policy to fund healthcare benefits on a cash basis. Because the plan is unfunded, there are no plan assets. The following table provides a reconciliation of the projected benefit obligation at the Company's December 31 measurement date:
 
2016
 
2015
 
(In thousands)
Benefit obligation at beginning of year
$
6,100

 
$
6,767

Service cost
137

 
147

Interest cost
257

 
251

Actuarial gain
(249
)
 
(812
)
Plan participants' contributions
604

 
628

Benefits paid
(718
)
 
(881
)
Benefit obligation and funded status at end of year
$
6,131

 
$
6,100

    
The amounts recognized in the Consolidated Balance Sheets at December 31 are:
 
2016
 
2015
 
(In thousands)
Accrued compensation and employee benefits
$
378

 
$
391

Accrued non-pension postretirement benefits
5,753

 
5,709

Amounts recognized at December 31
$
6,131

 
$
6,100


The discount rate used to measure the accumulated postretirement benefit obligation was 4.15% for 2016 and 4.39% for 2015. The Company's discount rate assumptions for its postretirement benefit plan are based on the average yield of a hypothetical high quality bond portfolio with maturities that approximately match the estimated cash flow needs of the plan. Because the plan requires the Company to establish fixed Company contribution amounts for retiree healthcare benefits, future healthcare cost trends do not generally impact the Company's accruals or provisions.
    
Estimated future benefit payments of postretirement benefits, assuming increased cost sharing, expected to be paid in each of the next five years beginning with 2017 are $0.4 million through 2021, with an aggregate of $2.2 million for the five years thereafter. These amounts can vary significantly from year to year because the cost sharing estimates can vary from actual expenses as the Company is self-insured.

Badger Meter Employee Savings and Stock Ownership Plan
    
In 2010, the Company restructured the outstanding debt of its ESSOP by loaning the ESSOP $0.5 million to repay a loan to a third party and loaning the ESSOP an additional $1.0 million to purchase additional shares of the Company’s Common Stock for future 401(k) savings plan matches under a program that will expire on December 31, 2020. Under this program, the Company agreed to pay the principal and interest on the new loan amount of $1.5 million. The receivable from the ESSOP and the related obligation were therefore netted to zero on the Company’s Consolidated Balance Sheets at December 31, 2016 and 2015. The terms of the loan call for equal payments of principal with the final payment due on December 31, 2020, and prepayments are allowed under the plan terms. At December 31, 2016, $0.6 million of the loan balance remained.
    
The Company made principal payments of $154,000 in each of 2016, 2015 and 2014. The associated commitments released shares of Common Stock (11,583 shares in 2016 for the 2015 obligation, 10,157 shares in 2015 for the 2014 obligation, and 11,077 shares in 2014 for the 2013 obligation) for allocation to participants in the ESSOP. The ESSOP held unreleased shares of 101,244, 124,410 and 144,724 as of December 31, 2016, 2015 and 2014, respectively, with a fair value of $3.7 million, $3.6 million and $4.3 million as of December 31, 2016, 2015 and 2014, respectively. Unreleased shares are not considered outstanding for purposes of computing earnings per share.
    
The ESSOP includes a voluntary 401(k) savings plan that allows certain employees to defer up to 20% of their income on a pretax basis subject to limits on maximum amounts. The Company matches 25% of each employee’s contribution, with the match percentage applying to a maximum of 7% of each employee's salary. The match is paid using the Company's

47


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


Common Stock released through the ESSOP loan payments. For ESSOP shares purchased prior to 1993, compensation expense is recognized based on the original purchase price of the shares released and dividends on unreleased shares are charged to compensation expense. For shares purchased in or after 1993, expense is based on the market value of the shares on the date released and dividends on unreleased shares are charged to compensation expense. Compensation expense of $0.4 million was recognized for the match for 2016 and 2015 compared to $0.3 million in 2014.
    
On December 31, 2010, the Company froze the qualified pension plan for its non-union participants and formed a new defined contribution feature within the ESSOP plan in which each employee received a similar benefit. On December 31, 2011, the Company froze the qualified pension plan for its union participants and included them in the same defined contribution feature within the ESSOP. For 2016, compensation expense under the defined contribution feature totaled $2.8 million compared to $2.3 million in 2015.

Note 8    Income Taxes    
    
The Company is subject to income taxes in the United States and numerous foreign jurisdictions. Significant judgment is required in determining the worldwide provision for income taxes and recording the related deferred tax assets and liabilities.
    
Details of earnings before income taxes are as follows:
 
2016
 
2015
 
2014
 
(In thousands)
Domestic
$
47,407

 
$
39,447

 
$
41,022

Foreign
2,437

 
1,705

 
3,890

Total
$
49,844

 
$
41,152

 
$
44,912


The provision (benefit) for income taxes is as follows:
 
2016
 
2015
 
2014
 
(In thousands)
Current:
 
Federal
$
14,435

 
$
15,324

 
$
14,362

State
1,275

 
2,227

 
1,086

Foreign
1,129

 
686

 
1,120

Deferred:
 
 
 
 
 
Federal
922

 
(2,568
)
 
(1,323
)
State
151

 
(353
)
 
208

Foreign
(363
)
 
(102
)
 
(219
)
Total
$
17,549

 
$
15,214

 
$
15,234

    

48


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


The provision for income tax from operations differs from the amount that would be provided by applying the statutory U.S. corporate income tax rate in each year due to the following items:

 
2016
 
2015
 
2014
 
(In thousands)
Provision at statutory rate
$
17,445

 
$
14,403

 
$
15,720

State income taxes, net of federal tax benefit
923

 
1,242

 
841

Foreign - tax rate differential and other
(87
)
 
(13
)
 
(454
)
Domestic production activities deduction
(560
)
 
(521
)
 
(675
)
Other
(172
)
 
103

 
(198
)
Actual provision
$
17,549

 
$
15,214

 
$
15,234

    
The components of deferred income taxes as of December 31 are as follows:
 
2016
 
2015
 
(In thousands)
Deferred tax assets:
 
 
 
Reserve for receivables and inventories
$
2,931

 
$
2,979

Accrued compensation
1,131

 
1,180

Payables
1,107

 
1,237

Non-pension postretirement benefits
2,344

 
2,337

Net operating loss and credit carryforwards
968

 
1,193

Accrued pension benefits
413

 
1,398

Accrued employee benefits
4,103

 
3,969

Other
487

 
856

Total deferred tax assets
13,484

 
15,149

 
 
 
 
Deferred tax liabilities:
 
 
 
Depreciation
5,126

 
4,652

Amortization
8,992

 
9,850

Prepaids
567

 

Total deferred tax liabilities
14,685

 
14,502

Net deferred tax (liabilities) assets
$
(1,201
)
 
$
647


Under Accounting Standards Update ("ASU") 2015-17, all deferred tax assets and liabilities are to be classified in the balance sheet as noncurrent. ASU 2015-07 is generally effective for public entities for annual periods beginning after December 15, 2016. The Company, however, elected early adoption of the principles of ASU 2015-17 with its 2015 financial statements, and in accordance with the transition rules, the Company elected to apply ASU 2015-17 prospectively.

At December 31, 2016 and 2015, the Company had federal and state net operating loss carryforwards of $1.6 million and $2.8 million, respectively. The Company's U.S. federal and state net operating loss carryforwards expire between 2029 and 2033. The Company also has an immaterial amount of net operating losses in certain jurisdictions at December 31, 2016.
    
At December 31, 2016 and 2015, the Company had federal general business credit carryforwards of $0.2 million. The Company’s U.S. federal tax credit carryforwards expire in 2033.

The Company’s federal and state net operating loss and federal and state credit carryforwards are limited on an annual basis to $1.2 million under Internal Revenue Code Section 382 and Section 383. The federal net operating loss carryforwards must be fully utilized prior to the utilization of the federal credit carryforwards.

49


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


    
No provision for federal income taxes was made on the earnings of foreign subsidiaries that are considered indefinitely invested or that would be offset by foreign tax credits upon distribution. Such undistributed earnings at December 31, 2016 were $21.9 million.
    
Changes in the Company's gross liability for unrecognized tax benefits, excluding interest and penalties, were as follows:
 
2016
 
2015
 
(In thousands)
Balance at beginning of year
$
533

 
$
846

Increases in unrecognized tax benefits as a result of positions taken during the prior period
88

 
22

Increases in unrecognized tax benefits as a result of positions taken during the current period
247

 
166

Decreases in unrecognized tax benefits relating to settlements with taxing authorities

 
(347
)
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations
(54
)
 
(154
)
Balance at end of year
$
814

 
$
533

    
The Company does not expect a significant increase or decrease to the total amount of unrecognized tax benefits during the fiscal year ending December 31, 2017. To the extent these unrecognized tax benefits are ultimately recognized, they will impact the effective tax rate.
    
The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction, and various states and foreign jurisdictions. The Company is no longer subject to U.S. federal income tax examinations by tax authorities for years prior to 2013, and, with few exceptions, state and local income tax examinations by tax authorities for years prior to 2012. The Company's policy is to recognize interest related to unrecognized tax benefits as interest expense and penalties as operating expenses. Accrued interest was less than $0.1 million and $0.1 million at December 31, 2016 and 2015, respectively, and there were no penalties accrued in either year.
    
The Company believes that it has appropriate support for the income tax positions taken and to be taken on its tax returns and that its accruals for tax liabilities are adequate for all open years based on an assessment of many factors including past experience and interpretations of tax law applied to the facts of each matter.

Note 9    Long-Term Debt

In 2010, the Company restructured the outstanding debt of its ESSOP by loaning the ESSOP $0.5 million to repay a loan to a third party and loaning the ESSOP an additional $1.0 million to purchase additional shares of the Company’s Common Stock for future 401(k) savings plan matches under a program that will expire on December 31, 2020. Under this program, the Company agreed to pay the principal and interest on the new loan amount of $1.5 million. The receivable from the ESSOP and the related obligation were therefore netted to zero on the Company’s Consolidated Balance Sheets at December 31, 2016 and 2015. The terms of the loan call for equal payments of principal with the final payment due on December 31, 2020, and prepayments are allowed under the plan terms. At December 31, 2016, $0.6 million of the loan balance remained.


50


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


Note 10    Industry Segment and Geographic Areas

The Company is an innovator, manufacturer and a marketer of products incorporating flow measurement, control and communication solutions, which comprise one reportable segment. The Company manages and evaluates its operations as one segment primarily due to similarities in the nature of the products, production processes, customers and methods of distribution.

Information regarding revenues by geographic area is as follows:
 
2016
 
2015
 
2014
 
(In thousands)
Revenues:
 
 
 
 
 
United States
$
347,853

 
$
322,535

 
$
309,651

Foreign:
 
 
 
 
 
Asia
6,539

 
8,299

 
10,647

Canada
12,587

 
9,095

 
12,092

Europe
15,299

 
17,036

 
19,448

Mexico
3,460

 
8,889

 
3,941

Middle East
5,520

 
9,672

 
6,221

Other
2,503

 
2,172

 
2,768

Total
$
393,761

 
$
377,698

 
$
364,768


Information regarding assets by geographic area is as follows:
 
2016
 
2015
 
(In thousands)
Long-lived assets:
 
 
 
United States
$
53,454

 
$
53,615

Foreign:
 
 
 
Europe
15,694

 
15,676

Mexico
21,046

 
21,629

Total
$
90,194

 
$
90,920

 
 
 
 
 
2016
 
2015
 
(In thousands)
Total assets:
 
 
 
United States
$
287,081

 
$
289,447

Foreign:
 
 
 
Europe
38,579

 
40,813

Mexico
24,039

 
25,220

Total
$
349,699

 
$
355,480



51


BADGER METER, INC.
Notes to Consolidated Financial Statements (continued)
December 31, 2016, 2015 and 2014


Note 11    Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends
 
Quarter ended
 
March 31
 
June 30
 
September 30
 
December 31
 
(In thousands except per share data)
2016
 
 
 
 
 
 
 
Net sales
$
100,570

 
$
103,820

 
$
96,273

 
$
93,098

Gross margin
$
39,011

 
$
39,396

 
$
38,647

 
$
33,522

Net earnings
$
7,990

 
$
9,400

 
$
8,792

 
$
6,113

Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.28

 
$
0.33

 
$
0.30

 
$
0.21

Diluted
$
0.28

 
$
0.32

 
$
0.30

 
$
0.21

Dividends declared
$
0.10

 
$
0.10

 
$
0.115

 
$
0.115

Stock price:
 
 
 
 
 
 
 
High
$
34.74

 
$
39.36

 
$
37.80

 
$
39.15

Low
$
26.40

 
$
31.72

 
$
31.90

 
$
29.30

Quarter-end close
$
33.26

 
$
36.52

 
$
33.51

 
$
36.95

 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
Net sales
$
83,644

 
$
98,896

 
$
99,388

 
$
95,770

Gross margin
$
30,075

 
$
35,143

 
$
36,101

 
$
34,457

Net earnings
$
4,227

 
$
7,901

 
$
8,327

 
$
5,483

Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.15

 
$
0.27

 
$
0.29

 
$
0.19

Diluted
$
0.15

 
$
0.27

 
$
0.29

 
$
0.19

Dividends declared
$
0.095

 
$
0.095

 
$
0.10

 
$
0.10

Stock price:
 
 
 
 
 
 
 
High
$
30.68

 
$
32.94

 
$
32.21

 
$
31.00

Low
$
27.36

 
$
29.33

 
$
25.82

 
$
27.64

Quarter-end close
$
29.97

 
$
31.75

 
$
29.03

 
$
29.30

    
The Company's Common Stock is listed on the New York Stock Exchange under the symbol BMI. Earnings per share are computed independently for each quarter. As such, the annual per share amount may not equal the sum of the quarterly amounts due to rounding. The Company currently anticipates continuing to pay cash dividends. Shareholders of record as of December 31, 2016 and 2015 totaled 922 and 948, respectively. Voting trusts and street name shareholders are counted as single shareholders for this purpose.


52


ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

None.

ITEM 9A. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

In accordance with Rule 13a-15(b) of the Securities Exchange Act of 1934 (the “Exchange Act”), as amended, the Company's management evaluated, with the participation of the Company's Chairman, President and Chief Executive Officer and the Company's Senior Vice President - Finance, Chief Financial Officer and Treasurer, the effectiveness of the design and operation of the Company's disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange Act) as of the end of the year ended December 31, 2016. Based upon their evaluation of these disclosure controls and procedures, the Company's Chairman, President and Chief Executive Officer and the Company's Senior Vice President - Finance, Chief Financial Officer and Treasurer concluded that, as of the date of such evaluation, the Company's disclosure controls and procedures were effective.

Changes in Internal Controls over Financial Reporting

There was no change in the Company's internal control over financial reporting that occurred during the quarter ended December 31, 2016 that has materially affected, or is reasonably likely to materially affect, the Company's internal control over financial reporting.

Management's Annual Report on Internal Control over Financial Reporting
    
The report of management required under this Item 9A is contained in Item 8 of this 2016 Annual Report on Form 10-K under the heading “Management's Annual Report on Internal Control over Financial Reporting.”

Report of Independent Registered Public Accounting Firm on Internal Control over Financial Reporting

The attestation report required under this Item 9A is contained in Item 8 of this 2016 Annual Report on Form 10-K under the heading “Report of Independent Registered Public Accounting Firm.”

ITEM 9B. OTHER INFORMATION

None.


53


PART III


ITEM 10.    DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

Information required by this Item with respect to directors is included under the headings “Nomination and Election of Directors” and “Section 16(a) Beneficial Ownership Reporting Compliance” in the Company's definitive Proxy Statement relating to the Annual Meeting of Shareholders to be held on April 28, 2017 and is incorporated herein by reference.

Information concerning the executive officers of the Company is included in Part I, Item 1 of this 2016 Annual Report on Form 10-K under the heading “Business - Employees.”

The Company has adopted the Badger Meter, Inc. Code of Conduct for Financial Executives that applies to the Company's Chairman, President and Chief Executive Officer, the Company's Senior Vice President - Finance, Chief Financial Officer and Treasurer and other persons performing similar functions. A copy of the Badger Meter, Inc. Code of Conduct for Financial Executives is posted on the Company's website at www.badgermeter.com. The Badger Meter, Inc. Code of Conduct for Financial Executives is also available in print to any shareholder who requests it in writing from the Secretary of the Company. The Company satisfies the disclosure requirements under Item 5.05 of Form 8-K regarding amendments to, or waivers from, the Badger Meter, Inc. Code of Conduct for Financial Executives by posting such information on the Company's website at www.badgermeter.com.

The Company is not including the information contained on its website as part of, or incorporating it by reference into, this 2016 Annual Report on Form 10-K.

ITEM 11. EXECUTIVE COMPENSATION

Information required by this Item is included under the headings “Executive Compensation” and “Compensation Committee Interlocks and Insider Participation” in the Company's definitive Proxy Statement relating to the Annual Meeting of Shareholders to be held on April 28, 2017, and is incorporated herein by reference; provided, however, that the information under the subsection “Executive Compensation - Compensation Committee Report” is not deemed to be “soliciting material” or to be “filed” with the Securities and Exchange Commission or subject to Regulation 14A or 14C under the Exchange Act or to be the liabilities of Section 18 of the Exchange Act, and will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent it is specifically incorporated by reference into such a filing.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

Information required by this Item is included under the headings “Stock Ownership of Beneficial Owners Holding More than Five Percent,” “Stock Ownership of Management” and “Equity Compensation Plan Information” in the Company's definitive Proxy Statement relating to the Annual Meeting of Shareholders to be held on April 28, 2017 and is incorporated herein by reference.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

Information required by this Item is included under the headings “Related Person Transactions” and “Nomination and Election of Directors - Independence, Committees, Meetings and Attendance” in the Company's definitive Proxy Statement relating to the Annual Meeting of Shareholders to be held on April 28, 2017, and is incorporated herein by reference.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

Information required by this Item is included under the heading “Principal Accounting Firm Fees” in the Company's definitive Proxy Statement relating to the Annual Meeting of Shareholders to be held on April 28, 2017, and is incorporated herein by reference.


54


PART IV


ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

Documents filed as part of this Annual Report on Form 10-K:

1.
Financial Statements. See the financial statements included in Part II, Item 8 “Financial Statements and Supplementary Data” in this 2016 Annual Report on Form 10-K, under the headings “Consolidated Balance Sheets,” “Consolidated Statements of Operations,” “Consolidated Statements of Comprehensive Income,” “Consolidated Statements of Cash Flows” and “Consolidated Statements of Shareholders' Equity.”

2.
Financial Statement Schedules. Financial statement schedules are omitted because the information required in these schedules is included in the Notes to Consolidated Financial Statements.

3.
Exhibits. See the Exhibit Index included in this 2016 Annual Report on Form 10-K that is incorporated herein by reference.

ITEM 16. FORM 10-K SUMMARY

None.



55


SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) 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, on February 28, 2017.
BADGER METER, INC.
 
 
By:
 
/s/    Richard A. Meeusen
 
 
Richard A. Meeusen
 
 
Chairman, President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated on February 28, 2017.
Name
  
Title
 
 
/s/    Richard A. Meeusen        
  
Chairman, President and
Chief Executive Officer and
Director (Principal executive officer)
Richard A. Meeusen
 
 
 
/s/    Richard E. Johnson        
  
Senior Vice President — Finance,
Chief Financial Officer and Treasurer
(Principal financial officer)
Richard E. Johnson
 
 
 
/s/    Beverly L. P. Smiley        
  
Vice President — Controller
(Principal accounting officer)
Beverly L. P. Smiley
 
 
 
/s/    Todd A. Adams     
  
Director
Todd A. Adams
 
 
 
 
/s/    Ronald H. Dix        
  
Director
Ronald H. Dix
 
 
 
/s/    Thomas J. Fischer        
  
Director
Thomas J. Fischer
 
 
 
/s/    Gale E. Klappa       
  
Director
Gale E. Klappa
 
 
 
/s/    Gail A. Lione       
  
Director
Gail A. Lione
 
 
 
/s/    Andrew J. Policano        
  
Director
Andrew J. Policano
 
 
 
/s/    Steven J. Smith        
  
Director
Steven J. Smith
 
 
 
/s/    James F. Stern        
  
Director
James F. Stern
 
 
 
 
/s/    Glen E. Tellock        
  
Director
Glen E. Tellock
 
 
 
 
/s/    Todd J. Teske        
  
Director
Todd J. Teske
 

56


EXHIBIT INDEX


EXHIBIT NO.
 
EXHIBIT DESCRIPTION
 
 
(3)
 
Restated Articles of Incorporation (as in effect as of August 8, 2008).
 
 
 
 
[Incorporated by reference to Exhibit (3.2) to Badger Meter, Inc.’s Quarterly Report on Form 10-Q for the period ended September 30, 2008 (Commission File No. 001-06706)].
 
 
(3.1)
 
Restated By-Laws (as amended and restated as of February 10, 2017).
 
 
(4)
 
Rights Agreement, dated February 15, 2008, between Badger Meter, Inc. and American Stock Transfer & Trust Company.
 
 
 
 
[Incorporated by reference to Exhibit (4.1) to Badger Meter, Inc.’s Current Report on Form 8-K, dated February 22, 2008 (Commission File No. 001-06706)].
 
 
(4.1)
 
Loan Agreement dated May 23, 2012 between Badger Meter, Inc. and BMO Harris Bank relating to Badger Meter, Inc.'s revolving credit agreement.
 
 
 
 
[Incorporated by reference from Exhibit (4.1) to Badger Meter, Inc.'s Quarterly Report on Form 10-Q for the period ended June 30, 2012 (Commission File No. 001-06706)].
 
 
 
(4.2)
 
First Amendment to Credit Agreement dated May 21, 2013, related to the Loan Agreement dated May 23, 2012 between Badger Meter, Inc. and BMO Harris Bank NA for Badger Meter, Inc.'s credit agreement.
 
 
 
 
 
[Incorporated by reference from Exhibit (4.1) to Badger Meter, Inc.'s Quarterly Report on Form 10-Q for the period ended June 30, 2013 (Commission File No. 001-06706)].
 
 
(4.3)
 
Second Amendment to Credit Agreement dated May 21, 2014, related to the Loan Agreement dated May 23, 2012 between Badger Meter, Inc. and BMO Harris Bank NA for Badger Meter, Inc.'s credit agreement.
 
 
 
 
 
[Incorporated by reference from Exhibit (4.1) to Badger Meter, Inc.'s Quarterly Report on Form 10-Q for the period ended June 30, 2014 (Commission File No. 001-06706)].
 
 
 
(4.4)
 
Third Amendment to Credit Agreement dated September 30, 2016, related to the Loan Agreement dated May 23, 2012 between Badger Meter, Inc. and BMO Harris Bank NA for Badger Meter, Inc.'s credit agreement.
 
 
 
 
 
[Incorporated by reference from Exhibit (4.1) to Badger Meter, Inc.'s Quarterly Report on Form 10-Q for the period ended September 30, 2016 (Commission File No. 001-06706)].
 
 
 
(4.5)
 
Certificate of Adjustment
 
 
 
 
 
[Incorporated by reference from Exhibit (4.1) to Badger Meter, Inc.’s Current Report on Form 8-K filed on September 21, 2016 (Commission File No. 001-06706).]Registration No. 33-62241)].
 
 
 
(10.0)*
 
Badger Meter, Inc. Employee Savings and Stock Ownership Plan.
 
 
 
 
[Incorporated by reference from Exhibit (4.1) to Badger Meter, Inc.’s Form S-8 Registration Statement (Registration No. 33-62241)].
 
 
(10.3)*
 
Badger Meter, Inc. 2003 Stock Option Plan.
 
 
 
 
[Incorporated by reference from Exhibit (4.1) to Badger Meter, Inc.’s Form S-8 Registration Statement (Registration No. 333-107850)].
 
 
(10.4)*
 
Form of the Key Executive Employment and Severance Agreements between Badger Meter, Inc. and the applicable executive officers.
 
 
 
 
 
[Incorporated by reference from Exhibit (10.12) to Badger Meter, Inc.’s Annual Report on Form 10-K for the period ended December 31, 2008 (Commission File No. 001-06706)].
 
 
 
(10.5)*
 
Amended and Restated Badger Meter, Inc. Executive Supplemental Plan.
 
 
 
 
 
[Incorporated by reference from Exhibit (10.13) to Badger Meter, Inc.’s Annual Report on Form 10-K for the period ended December 31, 2008 (Commission File No. 001-06706)].

57


EXHIBIT INDEX (CONTINUED)


EXHIBIT NO.
 
EXHIBIT DESCRIPTION
 
 
(10.6)*
 
Amended and Restated Badger Meter, Inc. Deferred Compensation Plan.
 
 
 
 
[Incorporated by reference from Exhibit (10.14) to Badger Meter, Inc.’s Annual Report on Form 10-K for the period ended December 31, 2008 (Commission File No. 001-06706)].
 
 
(10.7)*
 
Amended and Restated Deferred Compensation Plan for Certain Directors.
 
 
 
 
[Incorporated by reference from Exhibit (10.15) to Badger Meter, Inc.’s Annual Report on Form 10-K for the period ended December 31, 2008 (Commission File No. 001-06706)].
 
 
(10.8)*
 
Amended and Restated Executive Supplemental Plan II.
 
 
 
 
[Incorporated by reference from Exhibit (10.16) to Badger Meter, Inc.’s Annual Report on Form 10-K for the period ended December 31, 2008 (Commission File No. 001-06706)].
 
 
(10.9)*
 
Badger Meter, Inc. 2011 Omnibus Incentive Plan.
 
 
 
 
[Incorporated by reference from Exhibit (4.1) to Badger Meter, Inc.’s Form S-8 Registration Statement (Registration No. 333-173966)].
 
 
(10.10)*
 
Form of Nonqualified Stock Option Agreement under Badger Meter, Inc. 2011 Omnibus Incentive Plan.
 
 
 
 
[Incorporated by reference from Badger Meter, Inc.’s Form 8-K dated April 29, 2011 (Commission No. 001-06760)].
 
 
(10.11)*
 
Form of Restricted Stock Award Agreement under Badger Meter, Inc. 2011 Omnibus Incentive Plan.
 
 
 
 
[Incorporated by reference from Badger Meter, Inc.’s Form 8-K dated April 29, 2011 (Commission No. 001-06760)].
 
 
(21)
 
Subsidiaries of the Registrant.
 
 
 
(23)
 
Consent of Ernst & Young LLP.
 
 
 
(31.1)
 
Certification by the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
 
 
 
(31.2)
 
Certification by the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
 
 
 
(32)
 
Certification of Periodic Financial Report by the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
 
 
 
(99)
 
Definitive Proxy Statement for the Annual Meeting of Shareholders to be held April 28, 2017. To be filed with the Securities and Exchange Commission under Regulation 14A within 120 days after the end of the Registrant’s fiscal year. With the exception of the information incorporated by reference into Items 10, 11, 12, 13 and 14 of this Annual Report on Form 10-K, the definitive Proxy Statement is not deemed filed as part of this report.
 
 
 
(101)
 
The following materials from the Company's Annual Report on Form 10-K for the year ended December 31, 2016 formatted in Extensible Business Reporting Language (XBRL): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Comprehensive Income, (iv) the Consolidated Statements of Cash Flows, (v) the Consolidated Statements of Shareholders' Equity, (vi) Notes to Consolidated Financial Statements, tagged as blocks of text and (vii) document and entity information.

*
A management contract or compensatory plan or arrangement.

58
EX-3.1 2 bmi-ex31_20161231x10k.htm EXHIBIT 3.1 Exhibit


Exhibit (3.1)


RESTATED BY-LAWS

OF

BADGER METER, INC.

(As Amended and Restated as of February 10, 2017)


ARTICLE I

SHAREHOLDERS


Section 1. Annual Meeting. The annual meeting of the shareholders (the "Annual Meeting") shall be held on the second Saturday in April of each year, or at such other time and date as may be fixed by resolution of the Board of Directors. In fixing a meeting date for any Annual Meeting, the Board of Directors may consider such factors as it deems relevant within the good faith exercise of its business judgment. At each Annual Meeting, the shareholders shall elect that number of directors equal to the number of directors in the class whose term expires at the time of such meeting. At any such Annual Meeting, only other business properly brought before the meeting in accordance with Section 12 of Article I of these By-laws may be transacted. If the election of directors shall not be held on the date designated herein, or fixed as herein provided, for any Annual Meeting, or any adjournment thereof, the Board of Directors shall cause the election to be held at a special meeting of shareholders (a "Special Meeting") as soon thereafter as is practicable.

Section 2. Special Meetings.

(a)    A Special Meeting may be called only by (i) the Chairman, (ii) the Chief Executive Officer or (iii) the Board of Directors and shall be called by the Chief Executive Officer upon the demand, in accordance with this Section 2, of the holders of record of shares representing at least 10% of all the votes entitled to be cast on any issue proposed to be considered at the Special Meeting.

(b)    In order that the Corporation may determine the shareholders entitled to demand a Special Meeting, the Board of Directors may fix a record date to determine the shareholders entitled to make such a demand (the "Demand Record Date"). The Demand Record Date shall not precede the date upon which the resolution fixing the Demand Record Date is adopted by the Board of Directors and shall not be more than ten days after the date upon which the resolution fixing the Demand Record Date is adopted by the Board of Directors. Any shareholder of record seeking to have shareholders demand a Special Meeting shall, by sending written notice to the Secretary of the Corporation by hand or by certified or registered mail, return receipt requested, request the Board of Directors to fix a Demand Record Date. The Board of Directors shall promptly, but in all events within ten days after the date on which a valid request to fix a Demand Record Date is received, adopt a resolution fixing the Demand Record Date and shall make a public announcement of such Demand Record Date. If no Demand Record Date has been fixed by the Board of Directors within ten days after the date on which such request is received by the Secretary, the Demand Record Date shall be the 10th day after the first date on which a valid written request to set a Demand Record Date is received by the Secretary. To be valid, such written request shall set forth the purpose or purposes for which the Special Meeting is to be held, shall be signed by one or more shareholders of record (or their duly authorized proxies or other representatives), shall bear the date of signature of each such shareholder (or proxy or other representative) and shall set forth all information about each such shareholder and about the beneficial owner or owners, if any, on whose behalf the request is made that would be required to be set forth in a shareholder's notice described in paragraph (a) (ii) of Section 12 of Article I of these By-laws.

(c)    In order for a shareholder or shareholders to demand a Special Meeting, a written demand or demands for a Special Meeting by the holders of record as of the Demand Record Date of shares representing at least 10% of all the votes entitled to be cast on any issue proposed to be considered at the Special Meeting must be delivered to the Corporation. To be valid, each written demand by a shareholder for a Special Meeting shall set forth the specific purpose or purposes for which the Special Meeting is to be held (which purpose or purposes shall be limited to the purpose or purposes set forth in the written request to set a Demand Record Date received by the Corporation pursuant to paragraph (b) of this Section 2), shall be signed by one or more persons who as of the Demand Record Date are shareholders of record (or their duly authorized proxies or other representatives), shall bear the date of signature of each such shareholder (or proxy or other representative), and shall set forth the





name and address, as they appear in the Corporation's books, of each shareholder signing such demand and the class and number of shares of the Corporation which are owned of record and beneficially by each such shareholder, shall be sent to the Secretary by hand or by certified or registered mail, return receipt requested, and shall be received by the Secretary within seventy days after the Demand Record Date.

(d)    The Corporation shall not be required to call a Special Meeting upon shareholder demand unless, in addition to the documents required by paragraph (c) of this Section 2, the Secretary receives a written agreement signed by each Soliciting Shareholder (as defined below), pursuant to which each Soliciting Shareholder, jointly and severally, agrees to pay the Corporation's costs of holding the Special Meeting, including the costs of preparing and mailing proxy materials for the Corporation's own solicitation, provided that if each of the resolutions introduced by any Soliciting Shareholder at such meeting is adopted, and each of the individuals nominated by or on behalf of any Soliciting Shareholder for election as a director at such meeting is elected, then the Soliciting Shareholders shall not be required to pay such costs. For purposes of this paragraph (d), the following terms shall have the meanings set forth below:

(i)    "Affiliate" of any Person (as defined herein) shall mean any Person controlling, controlled by or under common control with such first Person.

(ii)    "Participant" shall have the meaning assigned to such term in Rule 14a-11 promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act").

(iii)    "Person" shall mean any individual, firm, corporation, partnership, joint venture, association, trust, unincorporated organization or other entity.

(iv)    "Proxy" shall have the meaning assigned to such term in Rule 14a‑1 promulgated under the Exchange Act.

(v)    "Solicitation" shall have the meaning assigned to such term in Rule 14a‑11 promulgated under the Exchange Act.

(vi)    "Soliciting Shareholder" shall mean, with respect to any Special Meeting demanded by a shareholder or shareholders, any of the following Persons:

(A)    if the number of shareholders signing the demand or demands of meeting delivered to the Corporation pursuant to paragraph (c) of this Section 2 is ten or fewer, each shareholder signing any such demand;

(B)    if the number of shareholders signing the demand or demands of meeting delivered to the Corporation pursuant to paragraph (c) of this Section 2 is more than ten, each Person who either (I) was a Participant in any Solicitation of such demand or demands or (II) at the time of the delivery to the Corporation of the documents described in paragraph (c) of this Section 2 had engaged or intended to engage in any Solicitation of Proxies for use at such Special Meeting (other than a Solicitation of Proxies on behalf of the Corporation); or

(C)    any Affiliate of a Soliciting Shareholder, if a majority of the directors then in office determine, reasonably and in good faith, that such Affiliate should be required to sign the written notice described in paragraph (c) of this Section 2 and/or the written agreement described in this paragraph (d) in order to prevent the purposes of this Section 2 from being evaded.

(e)    Except as provided in the following sentence, any Special Meeting shall be held at such hour and day as may be designated by whichever of the Chief Executive Officer, the Secretary or the Board of Directors shall have called such meeting. In the case of any Special Meeting called by the Chief Executive Officer upon the demand of shareholders (a "Demand Special Meeting"), such meeting shall be held at such hour and day as may be designated by the Board of Directors; provided, however, that the date of any Demand Special Meeting shall be not more than seventy days after the Meeting Record Date (as defined in Section 5 of Article I of these By-laws); and provided further that in the event that the directors then in office fail to designate an hour and date for a Demand Special Meeting within ten days after the date that valid written demands for such meeting by the holders of record as of the Demand Record Date of shares representing at least 10% of all the votes entitled to be cast on each issue proposed to be considered at the Special Meeting are delivered to the Corporation (the "Delivery Date"), then such meeting shall be held at 2:00 P.M. local time on the 100th day after the Delivery Date or, if such 100th day is not a Business Day (as defined below), on the first preceding Business Day. In fixing a meeting date for any Special Meeting, the Chief Executive





Officer, the Secretary or the Board of Directors may consider such factors as he or it deems relevant within the good faith exercise of his or its business judgment, including, without limitation, the nature of the action proposed to be taken, the facts and circumstances surrounding any demand for such meeting, and any plan of the Board of Directors to call an Annual Meeting or a Special Meeting for the conduct of related business.

(f)    The Corporation may engage regionally or nationally recognized independent inspectors of elections to act as an agent of the Corporation for the purpose of promptly performing a ministerial review of the validity of any purported written demand or demands for a Special Meeting received by the Secretary. For the purpose of permitting the inspectors to perform such review, no purported demand shall be deemed to have been delivered to the Corporation until the earlier of (i) five Business Days following receipt by the Secretary of such purported demand and (ii) such date as the independent inspectors certify to the Corporation that the valid demands received by the Secretary represent at least 10% of all the votes entitled to be cast on each issue proposed to be considered at the Special Meeting. Nothing contained in this paragraph (f) shall in any way be construed to suggest or imply that the Board of Directors or any shareholder shall not be entitled to contest the validity of any demand, whether during or after such five Business Day period, or to take any other action (including, without limitation, the commencement, prosecution or defense of any litigation with respect thereto).

(g)    For purposes of these By-laws, "Business Day" shall mean any day other than a Saturday, a Sunday or a day on which banking institutions in the State of Wisconsin are authorized or obligated by law or executive order to close.

Section 3. Place of Meeting. The Chairman, the Chief Executive Officer, the Board of Directors or the Secretary may designate any place, either within or without the State of Wisconsin, as the place of meeting for an Annual Meeting or Special Meeting. If no designation is made, the place of meeting shall be the principal office of the Corporation. Any meeting may be adjourned to reconvene at any place designated by vote of the Board of Directors or by the Chief Executive Officer or the Secretary.

Section 4. Notice of Meeting. Written notice stating the date, time and place of any meeting of shareholders shall be delivered not less than ten days nor more than sixty days before the date of the meeting (unless a different time period is provided by the Wisconsin Business Corporation Law (the "WBCL") or the Articles of Incorporation), either personally or by mail, by or at the direction of the Chairman, the President or the Secretary, to each shareholder of record entitled to vote at such meeting and to such other persons as required by the WBCL. In the event of any Demand Special Meeting, such notice of meeting shall be sent not more than thirty days after the Delivery Date. If mailed, notice pursuant to this Section 4 shall be deemed to be effective when deposited in the United States mail, addressed to the shareholder at his or her address as it appears on the stock record books of the Corporation, with postage thereon prepaid. Unless otherwise required by the WBCL or the Articles of Incorporation, a notice of an Annual Meeting need not include a description of the purpose for which the meeting is called. In the case of any Special Meeting, (a) the notice of meeting shall describe any business that the Board of Directors shall have theretofore determined to bring before the meeting and (b) in the case of a Demand Special Meeting, the notice of meeting (i) shall describe any business set forth in the statement of purpose of the demands received by the Corporation in accordance with Section 2 of Article I of these By-laws and (ii) shall contain all of the information required in the notice received by the Corporation in accordance with Section 12(b) of Article I of these By-laws. If an Annual Meeting or Special Meeting is adjourned to a different date, time or place, the Corporation shall not be required to give notice of the new date, time or place if the new date, time or place is announced at the meeting before adjournment; provided, however, that if a new Meeting Record Date for an adjourned meeting is or must be fixed, the Corporation shall give notice of the adjourned meeting to persons who are shareholders as of the new Meeting Record Date.

Section 5. Fixing of Record Date. The Board of Directors may fix in advance a date not less than ten days and not more than seventy days prior to the date of an Annual Meeting or Special Meeting as the record date for the determination of shareholders entitled to notice of, or to vote at, such meeting (the "Meeting Record Date"). In the case of any Demand Special Meeting, (i) the Meeting Record Date shall be not later than the 30th day after the Delivery Date and (ii) if the Board of Directors fails to fix the Meeting Record Date within thirty days after the Delivery Date, then the close of business on such 30th day shall be the Meeting Record Date. The shareholders of record on the Meeting Record Date shall be the shareholders entitled to notice of and to vote at the meeting. Except as provided by the WBCL for a court-ordered adjournment, a determination of shareholders entitled to notice of and to vote at an Annual Meeting or Special Meeting is effective for any adjournment of such meeting unless the Board of Directors fixes a new Meeting Record Date, which it shall do if the meeting is adjourned to a date more than 120 days after the date fixed for the original meeting. The Board of Directors may also fix in advance a date as the record date for the purpose of determining shareholders entitled to take any other action or determining shareholders for any other purpose. Such record date shall be not more than seventy days prior to the date on which the particular action, requiring such determination of shareholders, is to be taken. The record date for determining shareholders entitled to a distribution (other than a distribution involving a purchase, redemption or other acquisition of the Corporation's shares) or a share dividend is the date on which the Board of Directors authorizes the distribution or share dividend, as the case may be, unless the Board of Directors fixes a different record date.






Section 6. Shareholders' List for Meetings. After a Meeting Record Date has been fixed, the Corporation shall prepare a list of the names of all of the shareholders entitled to notice of the meeting. The list shall be arranged by class or series of shares, if any, and show the address of and number of shares held by each shareholder. Such list shall be available for inspection by any shareholder, beginning two business days after notice of the meeting is given for which the list was prepared and continuing to the date of the meeting, at the Corporation's principal office or at a place identified in the meeting notice in the city where the meeting will be held. A shareholder or his or her agent may, on written demand, inspect and, subject to the limitations imposed by the WBCL, copy the list, during regular business hours and at his or her expense, during the period that it is available for inspection pursuant to this Section 6. The Corporation shall make the shareholders' list available at the meeting and any shareholder or his or her agent or attorney may inspect the list at any time during the meeting or any adjournment thereof. Refusal or failure to prepare or make available the shareholders' list shall not affect the validity of any action taken at a meeting of shareholders.

Section 7. Quorum and Voting Requirements; Postponements; Adjournments.

(a)    Shares entitled to vote as a separate voting group may take action on a matter at any Annual Meeting or Special Meeting only if a quorum of those shares exists with respect to that matter. If the Corporation has only one class of stock outstanding, such class shall constitute a separate voting group for purposes of this Section 7. Except as otherwise provided in the Articles of Incorporation or the WBCL, a majority of the votes entitled to be cast on the matter shall constitute a quorum of the voting group for action on that matter. Once a share is represented for any purpose at any Annual Meeting or Special Meeting, other than for the purpose of objecting to holding the meeting or transacting business at the meeting, it is considered present for purposes of determining whether a quorum exists for the remainder of the meeting and for any adjournment of that meeting unless a new Meeting Record Date is or must be set for the adjourned meeting. If a quorum exists, except in the case of the election of directors, action on a matter shall be approved if the votes cast within the voting group favoring the action exceed the votes cast opposing the action, unless the Articles of Incorporation or the WBCL requires a greater number of affirmative votes. Unless otherwise provided in the Articles of Incorporation, each director to be elected shall be elected by a plurality of the votes cast by the shares entitled to vote in the election of directors at an Annual Meeting or Special Meeting at which a quorum is present.

(b)    The Board of Directors acting by resolution may postpone and reschedule any previously scheduled Annual Meeting or Special Meeting; provided, however, that a Demand Special Meeting shall not be postponed beyond the 100th day following the Delivery Date. Any Annual Meeting or Special Meeting may be adjourned from time to time, whether or not there is a quorum, (i) at any time, upon a resolution by shareholders if the votes cast in favor of such resolution by the holders of shares of each voting group entitled to vote on any matter theretofore properly brought before the meeting exceed the number of votes cast against such resolution by the holders of shares of each such voting group or (ii) at any time prior to the transaction of any business at such meeting, by the President or pursuant to a resolution of the Board of Directors. No notice of the time and place of adjourned meetings need be given except as required by the WBCL. At any adjourned meeting at which a quorum shall be present or represented, any business may be transacted which might have been transacted at the meeting as originally notified.

Section 8. Voting of Shares. Each outstanding share shall be entitled to one vote upon each matter submitted to a vote at an Annual Meeting or Special Meeting, except to the extent that the voting rights of the shares of any class or classes are enlarged, limited or denied by the WBCL or the Articles of Incorporation.

Section 9. Proxies. At any Annual Meeting or Special Meeting, a shareholder may vote his or her shares in person or by proxy. A shareholder may appoint a proxy to vote or otherwise act for the shareholder by signing an appointment form, either personally or by his or her attorney‑in‑fact. An appointment of a proxy is effective when received by the Secretary or other officer or agent of the Corporation authorized to tabulate votes. An appointment is valid for eleven months from the date of its signing unless a different period is expressly provided in the appointment form. Unless otherwise provided, a proxy may be revoked at any time before it is voted, either by written notice filed with the Secretary or the acting secretary of the meeting or by oral notice given by the shareholder to the presiding officer during the meeting. The presence of a shareholder who has filed his or her appointment of proxy shall not itself constitute a revocation. The Board of Directors shall have the power and authority to make rules establishing presumptions as to the validity and sufficiently of proxies.

Section 10. Acceptance of Instruments Showing Shareholder Action. If the name signed on a vote, consent, waiver or proxy appointment corresponds to the name of a shareholder, the Corporation, if acting in good faith, may accept the vote, consent, waiver or proxy appointment and give it effect as the act of a shareholder. If the name signed on a vote, consent, waiver or proxy appointment does not correspond to the name of a shareholder, the Corporation, if acting in good faith, may accept the vote, consent, waiver or proxy appointment and give it effect as the act of the shareholder if any of the following apply:

(a) The shareholder is an entity and the name signed purports to be that of an officer or agent of the entity.






(b) The name purports to be that of a personal representative, administrator, executor, guardian or conservator representing the shareholder and, if the Corporation requests, evidence of fiduciary status acceptable to the Corporation is presented with respect to the vote, consent, waiver or proxy appointment.

(c) The name signed purports to be that of a receiver or trustee in bankruptcy of the shareholder and, if the Corporation requests, evidence of this status acceptable to the Corporation is presented with respect to the vote, consent, waiver or proxy appointment.

(d) The name signed purports to be that of a pledgee, beneficial owner, or attorney‑in‑fact of the shareholder and, if the Corporation requests, evidence acceptable to the Corporation of the signatory's authority to sign for the shareholder is presented with respect to the vote, consent, waiver or proxy appointment.

(e) Two or more persons are the shareholders as co‑tenants or fiduciaries and the name signed purports to be the name of at least one of the co‑owners and the person signing appears to be acting on behalf of all co‑owners.

The Corporation may reject a vote, consent, waiver or proxy appointment if the Secretary or other officer or agent of the Corporation who is authorized to tabulate votes, acting in good faith, has reasonable basis for doubt about the validity of the signature on it or about the signatory's authority to sign for the shareholder.

Section 11. Waiver of Notice. A shareholder may waive any notice required by the WBCL, the Articles of Incorporation or these By-laws before or after the date and time stated in the notice. The waiver shall be in writing and signed by the shareholder entitled to the notice, contain the same information that would have been required in the notice under applicable provisions of the WBCL (except that the time and place of meeting need not be stated) and be delivered to the Corporation for inclusion in the corporate records. A shareholder's attendance at any Annual Meeting or Special Meeting, in person or by proxy, waives objection to all of the following: (a) lack of notice or defective notice of the meeting, unless the shareholder at the beginning of the meeting or promptly upon arrival objects to holding the meeting or transacting business at the meeting; and (b) consideration of a particular matter at the meeting that is not within the purpose described in the meeting notice, unless the shareholder objects to considering the matter when it is presented.        

Section 12. Notice of Shareholder Business and Nomination of Directors.

(a)    Annual Meetings.

(i)    Nominations of persons for election to the Board of Directors of the Corporation and the proposal of business to be considered by the shareholders may be made at an Annual Meeting (A) pursuant to the Corporation's notice of meeting, (B) by or at the direction of the Board of Directors or (C) by any shareholder of the Corporation who is a shareholder of record at the time of giving of notice provided for in this By-law and who is entitled to vote at the meeting and complies with the notice procedures set forth in this Section 12.

(ii)    For nominations or other business to be properly brought before an Annual Meeting by a shareholder pursuant to clause (C) of paragraph (a)(i) of this Section 12, the shareholder must have given timely notice thereof in writing to the Secretary of the Corporation. To be timely, a shareholder's notice shall be received by the Secretary of the Corporation at the principal offices of the Corporation not less than sixty days nor more than ninety days prior to the second Saturday in the month of April; provided, however, that in the event that the date of the Annual Meeting is advanced by more than thirty days or delayed by more than sixty days from the second Saturday in the month of April, notice by the shareholder to be timely must be so received not earlier than the 90th day prior to the date of such Annual Meeting and not later than the close of business on the later of (x) the 60th day prior to such Annual Meeting and (y) the 10th day following the day on which public announcement of the date of such meeting is first made. Such shareholder's notice shall be signed by the shareholder of record who intends to make the nomination or introduce the other business (or his duly authorized proxy or other representative), shall bear the date of signature of such shareholder (or proxy or other representative) and shall set forth: (A) the name and address, as they appear on this corporation's books, of such shareholder and the beneficial owner or owners, if any, on whose behalf the nomination or proposal is made; (B) the class and number of shares of the Corporation which are beneficially owned by such shareholder or beneficial owner or owners; (C) a representation that such shareholder is a holder of record of shares of the Corporation entitled to vote at such meeting and intends to appear in person or by proxy at the meeting to make the nomination or introduce the other business specified in the notice; (D) in the case of any proposed nomination for election or re-election as a director, (I) the name and residence address of the person or persons to be nominated, (II) a description of all arrangements or understandings between such shareholder or beneficial owner or owners and each nominee and any other person or persons (naming such person or





persons) pursuant to which the nomination is to be made by such shareholder, (III) such other information regarding each nominee proposed by such shareholder as would be required to be disclosed in solicitations of proxies for elections of directors, or would be otherwise required to be disclosed, in each case pursuant to Regulation 14A under the Exchange Act, including any information that would be required to be included in a proxy statement filed pursuant to Regulation 14A had the nominee been nominated by the Board of Directors and (IV) the written consent of each nominee to be named in a proxy statement and to serve as a director of the Corporation if so elected; and (E) in the case of any other business that such shareholder proposes to bring before the meeting, (I) a brief description of the business desired to be brought before the meeting and, if such business includes a proposal to amend these By-laws, the language of the proposed amendment, (II) such shareholder's and beneficial owner's or owners' reasons for conducting such business at the meeting and (III) any material interest in such business of such shareholder and beneficial owner or owners.

(iii)    Notwithstanding anything in the second sentence of paragraph (a)(ii) of this Section 12 to the contrary, in the event that the number of directors to be elected to the Board of Directors of the Corporation is increased and there is no public announcement naming all of the nominees for director or specifying the size of the increased Board of Directors made by the Corporation at least seventy days prior to the second Saturday in the month of April, a shareholder's notice required by this Section 12 shall also be considered timely, but only with respect to nominees for any new positions created by such increase, if it shall be received by the Secretary at the principal offices of the Corporation not later than the close of business on the 10th day following the day on which such public announcement is first made by the Corporation.

(b)    Special Meetings. Only such business shall be conducted at a Special Meeting as shall have been described in the notice of meeting sent to shareholders pursuant to Section 4 of Article I of these By-laws. Nominations of persons for election to the Board of Directors may be made at a Special Meeting at which directors are to be elected pursuant to such notice of meeting (i) by or at the direction of the Board of Directors or (ii) by any shareholder of the Corporation who (A) is a shareholder of record at the time of giving of such notice of meeting, (B) is entitled to vote at the meeting and (C) complies with the notice procedures set forth in this Section 12. Any shareholder desiring to nominate persons for election to the Board of Directors at such a Special Meeting shall cause a written notice to be received by the Secretary of the Corporation at the principal offices of the Corporation not earlier than ninety days prior to such Special Meeting and not later than the close of business on the later of (x) the 60th day prior to such Special Meeting and (y) the 10th day following the day on which public announcement is first made of the date of such Special Meeting and of the nominees proposed by the Board of Directors to be elected at such meeting. Such written notice shall be signed by the shareholder of record who intends to make the nomination (or his duly authorized proxy or other representative), shall bear the date of signature of such shareholder (or proxy or other representative) and shall set forth: (A) the name and address, as they appear on the Corporation's books, of such shareholder and the beneficial owner or owners, if any, on whose behalf the nomination is made; (B) the class and number of shares of the Corporation which are beneficially owned by such shareholder or beneficial owner or owners; (C) a representation that such shareholder is a holder of record of shares of the Corporation entitled to vote at such meeting and intends to appear in person or by proxy at the meeting to make the nomination specified in the notice; (D) the name and residence address of the person or persons to be nominated; (E) a description of all arrangements or understandings between such shareholder or beneficial owner or owners and each nominee and any other person or persons (naming such person or persons) pursuant to which the nomination is to be made by such shareholder; (F) such other information regarding each nominee proposed by such shareholder as would be required to be disclosed in solicitations of proxies for elections of directors, or would be otherwise required to be disclosed, in each case pursuant to Regulation 14A under the Exchange Act, including any information that would be required to be included in a proxy statement filed pursuant to Regulation 14A had the nominee been nominated by the Board of Directors; and (G) the written consent of each nominee to be named in a proxy statement and to serve as a director of the Corporation if so elected.

(c)    General.

(i)    Only persons who are nominated in accordance with the procedures set forth in this Section 12 shall be eligible to serve as directors. Only such business shall be conducted at an Annual Meeting or Special Meeting as shall have been brought before such meeting in accordance with the procedures set forth in this Section 12. The chairman of the meeting shall have the power and duty to determine whether a nomination or any business proposed to be brought before the meeting was made in accordance with the procedures set forth in this Section 12 and, if any proposed nomination or business is not in compliance with this Section 12, to declare that such defective proposal shall be disregarded.

(ii)    For purposes of this Section 12, "public announcement" shall mean disclosure in a press release reported by the Dow Jones News Service, Associated Press or comparable national news service or in a document publicly filed by the Corporation with the Securities and Exchange Commission pursuant to Section 13, 14 or 15(d) of the Exchange Act.






(iii)    Notwithstanding the foregoing provisions of this Section 12, a shareholder shall also comply with all applicable requirements of the Exchange Act and the rules and regulations thereunder with respect to the matters set forth in this Section 12. Nothing in this Section 12 shall be deemed to limit the Corporation's obligation to include shareholder proposals in its proxy statement if such inclusion is required by Rule 14a-8 under the Exchange Act.


ARTICLE II
BOARD OF DIRECTORS


Section 1. General Powers and Number. All corporate powers of the Corporation shall be exercised by or under the authority of, and the business and affairs of the Corporation managed under, the direction of its Board of Directors, which shall consist of not less than six (6) nor more than eleven (11) directors, the exact number of which shall be fixed from time to time by resolution of the Board of Directors. The Board of Directors shall elect one of its members as Chairman, who, when present, shall preside at all meetings of the shareholders and Board of Directors.

Section 2. Tenure and Qualifications. Each director shall hold office until the annual meeting of shareholders at which his term expires and until his successor shall have been elected, or until his prior death, resignation or removal. A director shall not be eligible to stand for re-election at any annual meeting of shareholders following his 72nd birthday. A director may resign at any time by delivering written notice which complies with the Wisconsin Business Corporation Law to the Board of Directors, to the Chairman of the Board, if any, or to the Corporation. A director's resignation is effective when such notice is delivered unless the notice specifies a later date. Directors need not be residents of the State of Wisconsin or shareholders of the Corporation.

Section 3. Certain Director Resignations.

(a)In an uncontested election of directors, any nominee for director who receives a greater number of votes “withheld” from his or her election than votes “for” his or her election (a “Majority Withheld Vote”) will promptly tender his or her resignation to the Chairman of the Board following certification of the shareholder vote. For purposes of these By-laws, a contested election is one in which the Chairman of the Board determines that, as of the Determination Date, the number of persons properly nominated to serve as directors of the corporation exceeds the number of directors to be elected. The “Determination Date” is (i) the day after the meeting of the Board of Directors at which the nominees for director of the Board of Directors for such election are approved, when such meeting occurs after the last day on which a shareholder may propose the nomination of a director for election in such election pursuant to the articles of incorporation or these By-laws, or (ii) the day after the last day on which a shareholder may propose the nomination of a director for election in such election pursuant to the articles of incorporation or these By-laws, when the last day for such a proposal occurs after the meeting of the Board of Directors at which the nominees for director of the Board of Directors for such election are approved, whichever of clause (i) or (ii) is applicable.

(b)The Resignation Committee (as defined in Section 3(e)) will promptly consider the resignation submitted by a director receiving a Majority Withheld Vote, and the Resignation Committee will recommend to the Board of Directors whether to accept the tendered resignation or reject it. In considering whether to recommend that the Board of Directors accept or reject the tendered resignation, the Resignation Committee will consider all factors deemed relevant by the members of such committee, including, without limitation, any stated reasons why shareholders “withheld” votes for election from such director and the qualifications of the director whose resignation has been tendered.

(c)The Board of Directors will act on the Resignation Committee’s recommendation no later than 90 days following the date of the shareholders’ meeting at which the election occurred. In considering such committee’s recommendation, the Board of Directors will consider the factors considered by such committee and such additional information and factors the Board of Directors believes to be relevant. Following the Board of Directors’ decision, the corporation will promptly publicly disclose in a Current Report on Form 8-K filed with or furnished to, as applicable, the Securities and Exchange Commission the Board of Directors’ decision whether to accept the resignation as tendered, including an explanation of the process by which the decision was reached and, if applicable, the reasons for rejecting the tendered resignation.

(d)Any director who tenders a resignation pursuant to this Section 3 will not participate in the recommendation of the Resignation Committee regarding whether or not to accept that director’s tendered resignation. Any director who tenders a resignation pursuant to this Section 3 will not participate in the Board of Directors’ deliberation or vote regarding whether or not to accept that director’s tendered resignation. If directors constituting a quorum of the Board of Directors did not receive a Majority Withheld Vote in the election that prompted one or more directors to tender the resignations upon which the Resignation Committee and the Board of Directors must then act, but not all of the directors received Majority Withheld Votes,





then no director who tendered a resignation pursuant to this Section 3 in connection with such election will participate in the Board of Directors’ deliberation or vote (i) regarding whether or not to accept any tendered resignations related to such election or (ii) regarding matters relating to the Resignation Committee as it relates to such resignation.

(e)The “Resignation Committee” shall be (i) the Corporate Governance Committee of the Board of Directors, or such other committee of the Board of Directors then in effect performing a similar function, if (A) less than a majority of the members of such committee received Majority Withheld Votes in the election that prompted one or more directors to tender the resignations upon which the Resignation Committee must then act or (B) all of the directors received Majority Withheld Votes in such election or (ii) a committee of the Board of Directors appointed by the Board of Directors and consisting only of directors who did not receive Majority Withheld Votes, if a majority of the members of the Corporate Governance Committee of the Board of Directors, or such other committee of the Board of Directors then in effect performing a similar function, but not all of the directors, received Majority Withheld Votes at such election.

(f)These By-laws will be summarized or included in each proxy statement relating to an election of directors of the corporation.

Section 4. Regular Meetings. A regular meeting of the Board of Directors shall be held without other notice than this By-law immediately after, and at the same place as, the annual meeting of shareholders, and each adjourned session thereof. The Board of Directors may provide, by resolution, the time and place, either within or without the State of Wisconsin, for the holding of additional regular meetings without other notice than such resolution.

Section 5. Special Meetings. Special meetings of the Board of Directors may be called by or at the request of the Chairman, the Chief Executive Officer, Secretary or any two directors. The person or persons calling any special meeting of the Board of Directors may fix any place, either within or without the State of Wisconsin, as the place for holding any special meeting of the Board of Directors called by them, and if no other place is fixed, the place of meeting shall be the principal business office of the Corporation in the State of Wisconsin.

Section 6. Notice; waiver. Notice of each meeting of the Board of Directors (unless otherwise provided in or pursuant to Section 5, Article II) shall be given by written notice delivered personally or given by telegram, teletype, facsimile or other form of wire or wireless communication not less than twenty-four (24) hours prior to the meeting or mailed or delivered by private carrier not less than forty-eight (48) hours prior to the meeting to each director at his business address or at such other address as such director shall have designated in writing filed with the Secretary. If mailed or delivered by a private carrier, such notice shall be deemed to be delivered when deposited in the United States mail or delivered to the private carrier so addressed, with postage or delivery cost thereon prepaid. If notice be given by telegram, such notice shall be deemed to be delivered when the telegram is delivered to the telegraph company. If notice be given by teletype, facsimile or other form of wire or wireless communication, such notice shall be deemed to be delivered when evidence of its transmittal is received. Whenever any notice whatever is required to be given to any director of the Corporation under the Articles of Incorporation or By-laws or any provision of law, a waiver thereof in writing, signed at any time, whether before or after the time of meeting, by the director entitled to such notice, shall be deemed equivalent to the giving of such notice. The attendance of a director at a meeting shall constitute a waiver of notice of such meeting, except where a director attends a meeting and objects thereat to the transaction of any business because the meeting is not lawfully called or convened. Neither the business to be transacted at, nor the purpose of, any regular or special meeting of the Board of Directors need be specified in the notice or waiver of notice of such meeting.

Section 7. Quorum. A majority of the directors shall constitute a quorum for the transaction of business; and, except as otherwise provided by law or by the Articles of Incorporation or these By-laws, a majority of the votes cast at any meeting of the Board of Directors at which a quorum is present shall be decisive of any action. A majority of the directors present at a meeting, though less than quorum, may adjourn the meeting from time to time without further notice.

Section 8. Vacancies. Any vacancy occurring in the Board of Directors, including a vacancy created by an increase in the number of directors, may be filled until the next succeeding annual election by the affirmative vote of a majority of the directors then in office, though less than a quorum of the Board of Directors; provided, that in case of a vacancy created by the removal of a director by vote of the shareholders, the shareholders shall have the right to fill such vacancy at the same meeting or any adjournment thereof.

Section 9. Compensation. The Board of Directors, by affirmative vote of a majority of the directors then in office, and irrespective of any personal interest of any of its members, may establish reasonable compensation of all directors for services to the Corporation as directors, officers or otherwise, or may delegate such authority to an appropriate committee. The Board of Directors also shall have authority to provide for or to delegate authority to an appropriate committee to provide for reasonable pensions, disability or death benefits, and other benefits or payments, to directors, officers and employees and to their estates,





families, dependents or beneficiaries on account of prior services rendered by such directors, officers and employees to the Corporation.

Section 10. Presumption of Assent. A director of the Corporation who is present at a meeting of the Board of Directors or a committee thereof of which he is a member at which action on any corporate matter is taken shall be presumed to have assented to the action taken unless his dissent shall be entered in the minutes of the meeting or unless he shall file his written dissent to such action with the person acting as the secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to the Secretary of the Corporation immediately after the adjournment of the meeting. Such right to dissent shall not apply to a director who voted in favor of such action.

Section 11. Committees. The Board of Directors by resolution adopted by the affirmative vote of a majority of the number of directors set forth in Section 1 of this Article II may designate one or more committees, each committee to consist of three or more directors elected by the Board of Directors, which shall have and may exercise, when the Board of Directors is not in session, the powers of the Board of Directors in the management of the business and affairs of the Corporation, in the committee's designated area of responsibility, except action in respect to dividends to shareholders, election of the principal officers or the filling of vacancies on the Board of Directors or committees created pursuant to this section, with respect to the approval or proposal of actions that the law requires to be approved by the shareholders, amendment of the Articles of Incorporation, the adoption, amendment or repeal of the by-laws, the approval of a plan of merger not requiring shareholder approval, the authorization or approval of the re-acquisition of shares other than according to a method prescribed by the Board of Directors, and the authorization for approval of the issuance or sale or contract for sale of shares, or the determination of the designation and relative rights, preferences and limitations of a class or series of shares, unless authorized to do so by the Board of Directors within prescribed limits. The Board of Directors may elect one or more of its members as alternate members of any such committee who may take the place of any absent member or members at any meeting of such committee, upon request by the Chairman or upon request by the chairman of such meeting. Each such committee shall fix its own rules governing the conduct of its activities and shall make such reports to the Board of Directors of its activities as the Board of Directors may request.

Section 12. Unanimous Consent Without Meeting. Any action required or permitted by the Articles of Incorporation or By-laws or any provision of law to be taken by the Board of Directors at a meeting or by resolution may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the directors then in office.

Section 13. Telephonic Meetings. Notwithstanding any place set forth in the notice of the meeting or these By-laws, members of the Board of Directors may participate in regular or special meetings of the Board of Directors and all Committees of the Board of Directors by or through the use of any means of communication by which all directors participating may simultaneously hear each other, such as by conference telephone; provided, however, that the Chairman of the Board or the chairman of the respective Committee and the Board or other person or persons calling a meeting may determine that the directors cannot participate by such means, in which case the notice of the meeting, or other notice to directors given prior to the meeting, shall state that each director's physical presence shall be required. If a meeting is conducted through the use of such means of communication, then at the commencement of such meeting all participating directors shall be informed that a meeting is taking place at which official business may be transacted. A director participating in a meeting by such means shall be deemed present in person at such meeting.


ARTICLE III
OFFICERS


Section 1. General Officers. The general officers of the Corporation shall be the Chief Executive Officer, the President, one or more Vice Presidents, a Secretary, a Treasurer, a Controller, and one or more Assistant Secretaries and one or more Assistant Treasurers, each of whom shall be elected annually by the Board of Directors and shall hold office until his or her successor shall have been duly elected and qualified. The Chief Executive Officer of the Corporation shall exercise general supervision of the business and affairs of the Corporation subject to the directives of the Board of Directors. Further, each general officer shall have such powers and duties as generally pertain to his or her respective office; provided, that such powers and duties may from time to time be modified, enlarged, restricted or augmented by the Board of Directors.

Section 2. Additional Officers. The Board of Directors may appoint such additional corporate officers as it may deem necessary, each of whom shall have such powers and duties as from time to time may be conferred by the Board of Directors, and shall serve for such terms as the Board may fix.






Section 3. Removal of Officers. Any officer or agent elected or appointed by the Board of Directors may be removed by the Board of Directors whenever in its judgment, the best interests of the Corporation will be served thereby, but such removal shall be without prejudice to the contract rights, if any, of the person so removed.

Section 4. Vacancies. A vacancy in any principal office because of death, resignation, removal, disqualification or otherwise, shall be filled by the Board of Directors for the unexpired portion of the term. The resignation of an officer by the delivery of written notice to the Chief Executive Officer or Secretary of the Corporation is effective upon delivery of the notice, unless the notice specifies a later date and the Corporation accepts the later date.


ARTICLE IV
SPECIAL CORPORATE ACTS


Section 1. Voting of Securities Owned by This Corporation. Subject always to the specific directions of the Board of Directors, (a) any shares or other securities issued by any other corporation and owned or controlled by this Corporation may be voted at any meeting of security holders of such other corporation by the Chairman of this Corporation if he be present, or in his absence by the President or any Vice President of this Corporation who may be present, and (b) whenever, in the judgment of the Chairman, or in his absence, of the President or any Vice President, it is desirable for this Corporation to execute a proxy or give a shareholder's consent in respect to any shares or other securities issued by any other corporation and owned by this Corporation, such proxy or consent shall be executed in the name of this Corporation by the Chairman, or the President or one of the Vice Presidents of this Corporation without necessity of any authorization by the Board of Directors, affixation of corporate seal or countersignature or attestation by another officer. Any person or persons designated in the manner above stated as the proxy or proxies of this Corporation shall have full right, power and authority to vote the share or shares of stock issued by such other corporation and owned by this Corporation the same as such share or shares might be voted by this Corporation.

Section 2. Contracts. The Board of Directors may authorize any officer or officers, agent or agents, to enter into any contract or execute or deliver any instrument in the name of and on behalf of the Corporation, and such authorization may be general or confined to specific instances. In the absence of other designation, all deeds, mortgages, and instruments of assignment or pledge made by the Corporation shall be executed in the name of the Corporation by the Chairman or the President or one of the Vice Presidents and by the Secretary, an Assistant Secretary, the Treasurer or an Assistant Treasurer; the Secretary or an Assistant Secretary, when necessary or required, shall affix the corporate seal thereto; and when so executed no other party to such instrument or any third party shall be required to make any inquiry into the authority of the signing officer or officers.


ARTICLE V
CERTIFICATES FOR SHARES AND THEIR TRANSFER


Section 1. Certificates for Shares; Shares Without Certificates. Certificates representing shares of the Corporation shall be in such form as shall be determined by the Board of Directors. Such certificates shall be signed by the Chairman or the President or a Vice President and by the Secretary or an Assistant Secretary. All certificates for shares shall be consecutively numbered or otherwise identified. The name and address of the person to whom the shares represented thereby are issued, with the number of shares and date of issue, shall be entered on the stock transfer books of the Corporation. All certificates surrendered to the Corporation for transfer shall be canceled and no new certificate shall be issued until the former certificate for a like number of shares shall have been surrendered and canceled, except as provided in Section 6 of this Article V. Shares of the Corporation may also be issued, without certificates to the full extent such issuance is allowed by the Wisconsin Business Corporation Law and the listing standards of the New York Stock Exchange (or any applicable stock exchange on which the shares are listed). To the extent required by the Wisconsin Business Corporation Law, within a reasonable time after the issuance or transfer of shares without a certificate, the Corporation shall send to the registered owner thereof a written notice that shall set forth (a) the name of the Corporation; (b) that the Corporation is organized under the laws of the State of Wisconsin; (c) the name of the shareholder; (d) the number and class (and the designation of the series, if any) of the shares represented; (e) if applicable, a summary of the designations, relative rights, preferences and limitations applicable to each class, and, if applicable, the variations in rights, preferences and limitations determined for each series and the authority of the Board of Directors to determine variations for future series (or a conspicuous statement that upon written request the Corporation will furnish the shareholder with this information without charge); and (f) if applicable, any restrictions on the transfer or registration of such shares of stock imposed by the Articles of Incorporation of the Corporation, as amended from time to time, these By-laws, any agreement among shareholders or any agreement between shareholders and the Corporation.






Section 2. Facsimile Signatures and Seal. The seal of the corporation on any certificates for shares may be a facsimile. The signatures of the Chairman or President or Vice President and the Secretary or Assistant Secretary upon a certificate may be facsimiles if the certificate is countersigned by a transfer agent, or registered by a registrar, other than the Corporation itself or an employee of the Corporation.

Section 3. Signature by Former Officers. In case any officer, who has signed or whose facsimile signature has been placed upon any certificate for shares, shall have ceased to be such officer before such certificate is issued, it may be issued by the Corporation with the same effect as if he were such officer at the date of its issue.

Section 4. Transfer of Shares. Prior to due presentment of shares for registration of transfer the Corporation may treat the registered owner of such shares as the person exclusively entitled to vote, to receive notifications and otherwise to exercise all the rights and powers of an owner. Where shares are presented to the Corporation with a request to register for transfer, the Corporation shall not be liable to the owner or any other person suffering loss as a result of such registration of transfer if (a) there were on or with the certificate the necessary endorsements, or with respect to uncertificated shares, proper transfer instructions are received, and (b) the Corporation had no duty to inquire into adverse claims or has discharged any such duty. The Corporation may require reasonable assurance that said endorsements or transfer instructions are genuine and effective and in compliance with such other regulations as may be prescribed under the authority of the Board of Directors.

Section 5. Restrictions on Transfer. The face or reverse side of each certificate representing shares shall bear a conspicuous notation of any restriction imposed by the Corporation upon the transfer of such shares.

Section 6. Lost, Destroyed or Stolen Certificates. Where the owner claims that his certificate for shares has been lost, destroyed or wrongfully taken, then the Corporation may issue, in its discretion, a new certificate or certificates of stock or uncertificated shares in place thereof, if the owner (a) so requests before the Corporation has notice that such shares have been acquired by a bona fide purchaser, and (b) files with the Corporation a sufficient indemnity bond, and (c) satisfied such other reasonable requirements as the Board of Directors may prescribe.

Section 7. Consideration for Shares. The shares of the Corporation may be issued for such consideration as shall be fixed from time to time by the Board of Directors, provided that any shares having a par value shall not be issued for a consideration less than the par value thereof. The consideration to be paid for shares may be paid in whole or in part, in money, in other property, tangible or intangible, or in labor or services actually performed for the Corporation. When payment of the consideration for which shares are to be issued shall have been received by the Corporation, such shares shall be deemed to be fully paid and nonassessable by the Corporation. No share shall be issued until such share is fully paid.

Section 8. Stock Regulations. The Board of Directors shall have the power and authority to make all such further rules and regulations not inconsistent with the statutes of the State of Wisconsin as it may deem expedient concerning the issue, transfer and registration of certificates representing shares of the Corporation.


ARTICLE VI
CORPORATE SEAL


The Board of Directors shall provide a corporate seal which shall be circular in form and shall have inscribed thereon the name of the Corporation and the state of incorporation and the words, "Corporate Seal".


ARTICLE VII
AMENDMENTS


Section 1. By Shareholders. These By-laws may be altered, amended, repealed, augmented and new By-laws may be adopted by the shareholders by affirmative vote of not less than a majority of the votes represented by the shares present or represented at any annual or special meeting of the shareholders at which a quorum is in attendance.

Section 2. By Directors. These By-laws may also be altered, amended, repealed, augmented and new By-laws may be adopted by the Board of Directors by affirmative vote of a majority of the number of directors present at any meeting at which a quorum is in attendance; but no By-law adopted by the shareholders shall be amended or repealed by the Board of Directors if the By-law so adopted so provides.






Section 3. Implied Amendments. Any action taken or authorized by the shareholders or by the Board of Directors, which would be inconsistent with the By-laws then in effect but is taken or authorized by affirmative vote of not less than the number of shares or the number of directors required to amend the By-laws so that the By-laws would be consistent with such action, shall be given the same effect as though the By-laws had been temporarily amended or suspended so far, but only so far, as is necessary to permit the specific action so taken or authorized.


ARTICLE VIII
INDEMNIFICATION


Section 1.01. Certain Definitions. All capitalized terms used in this Article VIII and not otherwise hereinafter defined in this Section 1.01 shall have the meaning set forth in Section 180.0850 of the Statute (as hereinafter defined). The following capitalized terms (including any plural forms thereof) used in this Article VIII shall be defined as follows:

(a)    "Affiliate" shall include, without limitation, any corporation, partnership, joint venture, employee benefit plan, trust or other enterprise that directly or indirectly through one or more intermediaries, controls or is controlled by, or is under common control with, the Corporation.

(b)    "Authority" shall mean the entity selected by the Director or Officer to determine his or her right to indemnification pursuant to Section 1.04 of this Article.

(c)    "Board" shall mean the entire then elected and serving board of directors of the Corporation, including all members thereof who are Parties to the subject Proceeding or any related Proceeding.

(d)    "Breach of Duty" shall mean the Director or Officer breached or failed to perform his or her duties to the Corporation and his or her breach of or failure to perform those duties is determined, in accordance with Section 1.04 of this Article, to constitute misconduct under Section 180.0851 (2) (a) 1, 2, 3 or 4 of the Statute.

(e)    "Corporation, " as used herein and as defined in the Statute and incorporated by reference into the definitions of certain capitalized terms used herein, shall mean this Corporation, including, without limitation, any successor corporation or entity to the Corporation by way of merger, consolidation or acquisition of all or substantially all of the capital stock or assets of this Corporation.

(f)    "Director or Officer" shall have the meaning set forth in the Statute; provided, that, for purposes of this Article, it shall be conclusively presumed that any Director or Officer serving as a director, officer, partner, trustee, member of any governing or decision-making committee, employee or agent of an Affiliate shall be so serving at the request of the Corporation.

(g)    "Disinterested Quorum" shall mean a quorum of the Board who are not Parties to the subject Proceeding or any related Proceeding.

(h)    "Party" shall have the meaning set forth in the Statute; provided, that, for purposes of this Article, the term "Party" shall also include any Director, Officer or employee who is or was a witness in a Proceeding at a time when he or she has not otherwise been formally named a Party thereto.

(i)    "Proceeding" shall have the meaning set forth in the Statute; provided, that, for purposes of this Article, "Proceeding" shall include all Proceedings (i) brought under (in whole or in part) the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, their respective state counterparts, and/or any rule or regulation promulgated under any of the foregoing; (ii) brought before an Authority or otherwise to enforce rights hereunder; (iii) any appeal from a Proceeding; and (iv) any Proceeding in which the Director or Officer is a plaintiff or petitioner because he or she is a Director or Officer, provided, however, that such Proceeding is authorized by a majority vote of a Disinterested Quorum.

(j)    "Statute" shall mean Sections 180.0850 through 180.0859, inclusive, of the Wisconsin Business Corporation Law, Chapter 180 of the Wisconsin Statutes, including any amendments thereto, but, in the case of any such amendment, only to the extent such amendment permits or requires the Corporation to provide broader indemnification rights than the Statute permitted or required the Corporation to provide prior to such amendment.






Section 1.02. Mandatory Indemnification. To the fullest extent permitted or required by the Statute, the Corporation shall indemnify a Director or Officer against all Liabilities incurred by or on behalf of such Director or Officer in connection with a Proceeding in which the Director or Officer is a Party because he or she is a Director or Officer.


Section 1.03. Procedural Requirements.

(a)    A Director or Officer who seeks indemnification under Section 1.02 of this Article shall make a written request therefor to the Corporation. Subject to Section 1.03 (b) of this Article, within sixty days of the Corporation's receipt of such request, the Corporation shall pay or reimburse the Director or Officer for the entire amount of Liabilities incurred by the Director or Officer in connection with the subject Proceeding (net of any Expenses previously advanced pursuant to Section 1.05 of this Article).

(b)    No indemnification shall be required to be paid by the Corporation pursuant to Section 1.03 (a) of this Article if, within such sixty-day period: (i) a Disinterested Quorum, by a majority vote thereof, determines that the Director or Officer requesting indemnification engaged in misconduct constituting a Breach of Duty; or (ii) a Disinterested Quorum cannot be obtained.

(c)    In either case of nonpayment pursuant to Section 1.03 (b) of this Article, the Board shall immediately authorize by resolution that an Authority, as provided in Section 1.04 of this Article, determine whether the Director's or Officer's conduct constituted a Breach of Duty and, therefore, whether indemnification should be denied hereunder.

(d)    (i) If the Board does not authorize an Authority to determine the Director's or Officer's right to indemnification hereunder within such sixty-day period and/or (ii) if indemnification of the requested amount of Liabilities is paid by the Corporation, then it shall be conclusively presumed for all purposes that a Disinterested Quorum has determined that the Director or Officer did not engage in misconduct constituting a Breach of Duty and, in the case of subsection (i) above (but not subsection (ii)), indemnification by the Corporation of the requested amount of Liabilities shall be paid to the Officer or Director immediately.

Section 1.04. Determination of Indemnification.

(a)    When the Board authorized an Authority to determine a Director's or Officer's right to indemnification pursuant to Section 1.03 of this Article, then the Director or Officer requesting indemnification shall have the absolute discretionary authority to select one of the following as such Authority:
(i)    An independent legal counsel; provided, that such counsel shall be mutually selected by such Director or Officer and by a majority vote of a Disinterested Quorum or, if a Disinterested Quorum cannot be obtained, then by a majority vote of the Board;

(ii)    A panel of three arbitrators selected from the panels of arbitrators of the American Arbitration Association in Milwaukee, Wisconsin; provided, that (A) one arbitrator shall be selected by such Director or Officer, the second arbitrator shall be selected by a majority vote of a Disinterested Quorum or, if a Disinterested Quorum cannot be obtained, then by a majority vote of the Board, and the third arbitrator shall be selected by the two previously selected arbitrators; and (B) in all other respects, such panel shall be governed by the American Arbitration Association's then existing Commercial Arbitration Rules; or

(iii)    A court pursuant to and in accordance with Section 180.0854 of the Statute.

(b)    In any such determination by the selected Authority there shall exist a rebuttable presumption that the Director's or Officer's conduct did not constitute a Breach of Duty and that indemnification against the requested amount of Liabilities is required. The burden of rebutting such a presumption by clear and convincing evidence shall be on the Corporation or such other party asserting that such indemnification should not be allowed.

(c)    The Authority shall make its determination within sixty days of being selected and shall submit a written opinion of its conclusion simultaneously to both the Corporation and the Director or Officer.

(d)    If the Authority determines that indemnification is required hereunder, the Corporation shall pay the entire requested amount of Liabilities (net of any Expenses previously advanced pursuant to Section 1.05 of this Article), including interest thereon at a reasonable rate, as determined by the Authority, within ten days of receipt of the Authority's opinion; provided, that, if it is determined by the Authority that a Director or Officer is entitled to indemnification as to some claims, issues or matters, but not as to other claims, issues or matters, involved in the subject Proceeding, the Corporation shall be required to pay (as set





forth above) only the amount of such requested Liabilities as the Authority shall deem appropriate in light of all of the circumstances of such Proceeding.

(e)    The determination by the Authority that indemnification is required hereunder shall be binding upon the Corporation regardless of any prior determination that the Director or Officer engaged in a Breach of Duty.

(f)    All Expenses incurred in the determination process under this Section 1.04 by either the Corporation or the Director or Officer, including, without limitation, all Expenses of the selected Authority, shall be paid by the Corporation.

Section 1.05. Mandatory Allowance of Expenses.

(a)    The Corporation shall pay or reimburse, within ten days after the receipt of the Director's or Officer's written request therefor, the reasonable Expenses of the Director or Officer as such Expenses are incurred, provided the following conditions are satisfied:

(i)    The Director or Officer furnishes to the Corporation an executed written certificate affirming his or her good faith belief that he or she has not engaged in misconduct which constitutes a Breach of Duty; and

(ii)    The Director or Officer furnishes to the Corporation an unsecured executed written agreement to repay any advances made under this Section 1.05 if it is ultimately determined by an Authority that he or she is not entitled to be indemnified by the Corporation for such Expenses pursuant to Section 1.04 of this Article.

(b)    If the Director or Officer must repay any previously advanced Expenses pursuant to this Section 1.05, such Director or Officer shall not be required to pay interest on such amounts.

Section 1.06. Indemnification and Allowance of Expenses of Certain Others.

(a)    The Corporation shall indemnify a director or officer of an Affiliate (who is not otherwise serving as a Director or Officer) against all Liabilities, and shall advance the reasonable Expenses, incurred by such director or officer in a Proceeding to the same extent hereunder as if such director or officer incurred such Liabilities because he or she was a Director or Officer, if such director or officer is a Party thereto because he or she is or was a director or officer of the Affiliate.

(b)    Except as hereinafter provided, the Corporation shall indemnify each employee of the Corporation or an Affiliate of the Corporation acting within the scope of his or her duties as such, against all Liabilities, and shall advance Reasonable Expenses, incurred by or on behalf of such employee in connection with a Proceeding in which he or she is a Party by virtue of being an employee of the Corporation or an Affiliate of the Corporation, to the same extent and in the same manner as a Director or Officer hereunder. The foregoing provision shall not apply, and the Corporation shall not indemnify any employee, with respect to any Liability to the extent covered by insurance maintained by or on behalf of such employee (other than insurance maintained by the Corporation or an Affiliate of the Corporation).

(c)    The Board may, in its sole and absolute discretion as it deems appropriate, pursuant to a majority vote thereof, indemnify against Liabilities incurred by, and/or provide for the allowance of reasonable Expenses of, an authorized agent of the Corporation acting within the scope of his or her duties as such and who is not otherwise a Director or Officer.

Section 1.07. Insurance. The Corporation may purchase and maintain insurance on behalf of a Director, Officer and/or any individual who is or was an authorized employee or agent of the Corporation against any Liability asserted against or incurred by such individual in his or her capacity as such or arising from his or her status as such, regardless of whether the Corporation is required or permitted to indemnify against any such Liability under this Article.

Section 1.08. Notice to the Corporation. A Director, Officer or employee shall promptly notify the Corporation in writing when he or she has actual knowledge of a Proceeding which may result in a claim or indemnification against Liabilities or allowance of Expenses hereunder, but the failure to do so shall not relieve the Corporation of any liability to the Director, Officer or employee hereunder unless the Corporation shall have been irreparably prejudiced by such failure (as determined by an Authority).

Section 1.09. Report to Shareholders. In the event that the Corporation indemnifies or advances expenses to a Director or Officer in connection with a proceeding brought in the right of the Corporation, the Corporation shall report the indemnification or advance in writing to shareholders with or before the notice of the next meeting of shareholders. The report shall be delivered to shareholders who are entitled to receive notice of the next meeting of shareholders.






Section 1.10. Severability. If any provision of this Article shall be deemed invalid or inoperative, or if a court of competent jurisdiction determines that any of the provisions of this Article contravene public policy, this Article shall be construed so that the remaining provisions shall not be affected, but shall remain in full force and effect, and any such provisions which are invalid or inoperative or which contravene public policy shall be deemed, without further action or deed by or on behalf of the Corporation, to be modified, amended and/or limited, but only to the extent necessary to render the same valid and enforceable.

Section 1.11. Nonexclusivity of this Article. The rights of a Director, Officer or employee (or any other person) granted under this Article shall not be deemed exclusive of any other rights to indemnification against Liabilities or advancement of Expenses which the Director, Officer or employee (or such other person) may be entitled to under any written agreement, Board resolution, vote of shareholders of the Corporation or otherwise, including without limitation under the Statute. Nothing contained in this Article shall be deemed to limit the Corporation's obligations to indemnify a Director, Officer or employee under the Statute.

Section 1.12. Contractual Nature of this Article; Repeal or Limitation of Rights. This Article shall be deemed to be a contract between the Corporation and each Director, Officer and employee and any repeal or other limitation of this Article or any repeal or limitation of the Statute or any other applicable law shall not limit any rights of indemnification against Liabilities or allowance of Expenses then existing or arising out of events, acts or omissions occurring prior to such repeal or limitation, including, without limitation, the right of indemnification against Liabilities or allowance of Expenses for Proceedings commenced after such repeal or limitation to enforce this Article with regard to acts, omissions or events arising prior to such repeal or limitation.

Section 1.13. Subrogation Rights. Notwithstanding any provision to the contrary set forth herein, the Corporation's obligations hereunder are not intended to constitute, and shall not constitute, a waiver of any right to subrogation which the Corporation may have against any person or entity.



EX-21 3 bmi-ex21_20161231x10k.htm EXHIBIT 21 Exhibit


Exhibit (21.0)
BADGER METER, INC.

SUBSIDIARIES OF THE REGISTRANT

The Company's subsidiaries are listed below. All of the subsidiaries of the Company listed below are included in the Company's consolidated financial statements.
 
Name
Percentage of Ownership
 
State or country in which originated
 
 
 
 
Badger Meter de las Americas, SA de CV
100%
 
Mexico
 
 
 
 
Badger Meter Canada, Inc.
100%
 
Canada
 
 
 
 
Badger Meter Czech Republic, s.r.o.
100%
 
Czech Republic
(a subsidiary of Badger Meter International, Inc.)
 
 
 
 
 
 
 
Badger Meter Europe, GmbH
100%
 
Federal Republic of Germany
 
 
 
 
Badger Meter International, Inc.
100%
 
United States of America (Wisconsin)
(an international holding company of Badger Meter, Inc.)
 
 
 
 
 
 
 
Badger Meter de Mexico, SA de CV
100%
 
Mexico
 
 
 
 
Badger Meter Slovakia, s.r.o.
100%
 
Slovakia
(a subsidiary of Badger Meter Europe, GmbH)
 
 
 
 
 
 
 
Badger Meter Swiss, AG
100%
 
Switzerland
(formerly Remag AG) (a subsidiary of Badger Meter International, Inc.)
 
 
 
 
 
 
 
National Meter and Automation, Inc. *
100%
 
United States of America (Colorado)

* As of December 31, 2016, National Meter and Automation, Inc. was merged into Badger Meter, Inc. The company will operate a portion of its municipal water sales operations under a DBA, National Meter and Automation.


EX-23 4 bmi-ex23_20161231x10k.htm EXHIBIT 23 Exhibit


Exhibit (23.0)

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in the following Registration Statements:

(1)
Registration Statement (Form S-8 No. 33-62241) pertaining to the Badger Meter, Inc. Employee Savings and Stock Plan;
  
(2)
Registration Statement (Form S-8 No. 333-107850) pertaining to the Badger Meter, Inc 2003 Stock Option Plan;
 
(3)
Registration Statement (Form S-8 No. 333-173966) pertaining to the Badger Meter, Inc. 2011 Omnibus Incentive Plan; and
 
(4)
Registration Statement (Form S-3 No. 333-202493) pertaining to the Badger Meter, Inc. Dividend Reinvestment and Stock Purchase Plan.

of our reports dated February 28, 2017, with respect to the consolidated financial statements of Badger Meter, Inc. and the effectiveness of internal control over financial reporting of Badger Meter, Inc., included in this Annual Report (Form 10-K) of Badger Meter, Inc. for the year ended December 31, 2016.

 
 
 
/s/ Ernst & Young LLP
 
Milwaukee, Wisconsin
 
 
 
 
February 28, 2017
 
 
 
 




EX-31.1 5 bmi-ex311_20161231x10k.htm EXHIBIT 31.1 Exhibit
Exhibit (31.1)
Certification of Chairman, President and Chief Executive Officer
Pursuant to Section 302 of the Sarbanes-Oxley Act and Rule 13a-14(a)
or 15d-14(a) under the Securities Exchange Act of 1934
I, Richard A. Meeusen, certify that:
1.
I have reviewed this Annual Report on Form 10-K of Badger Meter, Inc.;
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(s) 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(s) 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: February 28, 2017
By
 
/s/ Richard A. Meeusen
 
 
 
Richard A. Meeusen
 
 
 
Chairman, President and Chief Executive Officer


EX-31.2 6 bmi-ex312_20161231x10k.htm EXHIBIT 31.2 Exhibit
Exhibit (31.2)
Certification of Senior Vice President - Finance, Chief Financial Officer and Treasurer
Pursuant to Section 302 of the Sarbanes-Oxley Act and Rule 13a-14(a)
or 15d-14(a) under the Securities Exchange Act of 1934
I, Richard E. Johnson, certify that:
1.
I have reviewed this Annual Report on Form 10-K of Badger Meter, Inc.;
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(s) 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(s) 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: February 28, 2017
By
 
/s/ Richard E. Johnson
 
 
 
Richard E. Johnson
 
 
 
Senior Vice President - Finance,
Chief Financial Officer and Treasurer


EX-32 7 bmi-ex32_20161231x10k.htm EXHIBIT 32 Exhibit
Exhibit (32.0)
Written Statement of the Chief Executive Officer and Chief Financial Officer
Pursuant to 18 U.S.C. §1350

Solely for the purpose of complying with 18 U.S.C. §1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, we, the undersigned Chief Executive Officer and Chief Financial Officer of Badger Meter, Inc., a Wisconsin corporation (the “Company”), hereby certify, based on our knowledge, that the Annual Report on Form 10-K of the Company for the fiscal year ended December 31, 2016 (the “Report”) fully complies with the requirements of Section 13 (a) of the Securities Exchange Act of 1934 and that information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
 
Dated: February 28, 2017
By
 
/s/ Richard A. Meeusen
 
 
 
Richard A. Meeusen
 
 
 
Chairman, President and Chief Executive Officer
 
 
 
 
By
 
/s/ Richard E. Johnson
 
 
 
Richard E. Johnson
 
 
 
Senior Vice President - Finance,
Chief Financial Officer and Treasurer


EX-101.INS 8 bmi-20161231.xml XBRL INSTANCE DOCUMENT 0000009092 2016-01-01 2016-12-31 0000009092 2017-02-09 0000009092 2016-06-30 0000009092 2015-12-31 0000009092 2016-12-31 0000009092 2015-01-01 2015-12-31 0000009092 2014-01-01 2014-12-31 0000009092 2014-12-31 0000009092 2013-12-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 2016-01-01 2016-12-31 0000009092 us-gaap:RetainedEarningsMember 2015-12-31 0000009092 us-gaap:RetainedEarningsMember 2014-01-01 2014-12-31 0000009092 us-gaap:TreasuryStockMember 2014-01-01 2014-12-31 0000009092 us-gaap:TreasuryStockMember 2015-01-01 2015-12-31 0000009092 us-gaap:TreasuryStockMember 2016-01-01 2016-12-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 2015-01-01 2015-12-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 2014-01-01 2014-12-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 2014-12-31 0000009092 us-gaap:CommonStockMember 2015-01-01 2015-12-31 0000009092 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2014-01-01 2014-12-31 0000009092 us-gaap:RetainedEarningsMember 2015-01-01 2015-12-31 0000009092 us-gaap:DeferredCompensationShareBasedPaymentsMember 2014-12-31 0000009092 us-gaap:CommonStockMember 2014-01-01 2014-12-31 0000009092 us-gaap:CommonStockMember 2016-12-31 0000009092 us-gaap:TreasuryStockMember 2015-12-31 0000009092 us-gaap:RetainedEarningsMember 2014-12-31 0000009092 us-gaap:DeferredCompensationShareBasedPaymentsMember 2016-01-01 2016-12-31 0000009092 us-gaap:CommonStockMember 2016-01-01 2016-12-31 0000009092 us-gaap:DeferredCompensationShareBasedPaymentsMember 2016-12-31 0000009092 us-gaap:CommonStockMember 2013-12-31 0000009092 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-01-01 2016-12-31 0000009092 us-gaap:CommonStockMember 2015-12-31 0000009092 us-gaap:TreasuryStockMember 2016-12-31 0000009092 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2015-01-01 2015-12-31 0000009092 us-gaap:DeferredCompensationShareBasedPaymentsMember 2013-12-31 0000009092 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2015-12-31 0000009092 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2013-12-31 0000009092 us-gaap:TreasuryStockMember 2014-12-31 0000009092 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-12-31 0000009092 us-gaap:RetainedEarningsMember 2016-01-01 2016-12-31 0000009092 us-gaap:TreasuryStockMember 2013-12-31 0000009092 us-gaap:DeferredCompensationShareBasedPaymentsMember 2014-01-01 2014-12-31 0000009092 us-gaap:RetainedEarningsMember 2016-12-31 0000009092 us-gaap:RetainedEarningsMember 2013-12-31 0000009092 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2014-12-31 0000009092 us-gaap:DeferredCompensationShareBasedPaymentsMember 2015-12-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 2013-12-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 2016-12-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 2015-12-31 0000009092 us-gaap:CommonStockMember 2014-12-31 0000009092 us-gaap:DeferredCompensationShareBasedPaymentsMember 2015-01-01 2015-12-31 0000009092 us-gaap:NoncompeteAgreementsMember 2015-12-31 0000009092 us-gaap:TradeNamesMember 2016-12-31 0000009092 us-gaap:CustomerListsMember 2016-12-31 0000009092 us-gaap:CustomerListsMember 2015-12-31 0000009092 us-gaap:LicensingAgreementsMember 2016-12-31 0000009092 us-gaap:NoncompeteAgreementsMember 2016-12-31 0000009092 us-gaap:CustomerRelationshipsMember 2016-12-31 0000009092 us-gaap:TradeNamesMember 2015-12-31 0000009092 us-gaap:DevelopedTechnologyRightsMember 2016-12-31 0000009092 us-gaap:DevelopedTechnologyRightsMember 2015-12-31 0000009092 us-gaap:CustomerRelationshipsMember 2015-12-31 0000009092 us-gaap:LicensingAgreementsMember 2015-12-31 0000009092 us-gaap:BuildingAndBuildingImprovementsMember us-gaap:MinimumMember 2016-01-01 2016-12-31 0000009092 us-gaap:MinimumMember 2016-01-01 2016-12-31 0000009092 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2016-12-31 0000009092 us-gaap:OtherMachineryAndEquipmentMember us-gaap:MaximumMember 2016-01-01 2016-12-31 0000009092 us-gaap:OtherAssetsMember 2016-12-31 0000009092 us-gaap:MaximumMember 2016-01-01 2016-12-31 0000009092 us-gaap:OtherMachineryAndEquipmentMember us-gaap:MinimumMember 2016-01-01 2016-12-31 0000009092 us-gaap:LandImprovementsMember 2016-01-01 2016-12-31 0000009092 us-gaap:OtherAssetsMember 2015-12-31 0000009092 us-gaap:BuildingAndBuildingImprovementsMember us-gaap:MaximumMember 2016-01-01 2016-12-31 0000009092 bmi:OmnibusIncentivePlanMember 2016-12-31 0000009092 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2015-12-31 0000009092 us-gaap:AccumulatedTranslationAdjustmentMember 2016-12-31 0000009092 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2016-01-01 2016-12-31 0000009092 us-gaap:AccumulatedTranslationAdjustmentMember 2016-01-01 2016-12-31 0000009092 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2015-12-31 0000009092 us-gaap:AccumulatedTranslationAdjustmentMember 2015-12-31 0000009092 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2016-12-31 0000009092 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2015-01-01 2015-12-31 0000009092 us-gaap:AccumulatedTranslationAdjustmentMember 2014-12-31 0000009092 us-gaap:AccumulatedTranslationAdjustmentMember 2015-01-01 2015-12-31 0000009092 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2014-12-31 0000009092 us-gaap:EmployeeStockOptionMember 2014-01-01 2014-12-31 0000009092 us-gaap:StockCompensationPlanMember 2008-02-15 2008-02-15 0000009092 2016-09-15 2016-09-15 0000009092 us-gaap:EmployeeStockOptionMember 2016-01-01 2016-12-31 0000009092 us-gaap:StockCompensationPlanMember 2008-02-15 0000009092 us-gaap:EmployeeStockOptionMember 2015-01-01 2015-12-31 0000009092 2016-08-12 2016-08-12 0000009092 2016-08-12 0000009092 bmi:NiceInstrumentsMember us-gaap:TechnologyBasedIntangibleAssetsMember 2016-01-01 2016-12-31 0000009092 bmi:NationalMeterandAutomationInc.Member 2014-10-01 2014-10-01 0000009092 bmi:NationalMeterandAutomationInc.Member bmi:UnitedUtilitiesInc.Member 2015-08-17 0000009092 bmi:NationalMeterandAutomationInc.Member bmi:UnitedUtilitiesInc.Member 2015-12-31 0000009092 bmi:NationalMeterandAutomationInc.Member 2014-12-31 0000009092 bmi:NiceInstrumentsMember us-gaap:SubsequentEventMember 2017-01-01 2017-01-31 0000009092 bmi:NationalMeterandAutomationInc.Member bmi:UnitedUtilitiesInc.Member 2015-08-17 2015-08-17 0000009092 bmi:NiceInstrumentsMember 2016-12-31 0000009092 bmi:NationalMeterandAutomationInc.Member us-gaap:CustomerRelationshipsMember 2016-01-01 2016-12-31 0000009092 bmi:NationalMeterandAutomationInc.Member 2014-10-01 0000009092 us-gaap:AccountsPayableMember bmi:NationalMeterandAutomationInc.Member 2014-12-31 0000009092 bmi:NationalMeterandAutomationInc.Member bmi:UnitedUtilitiesInc.Member us-gaap:CustomerRelationshipsMember 2016-01-01 2016-12-31 0000009092 us-gaap:LongTermDebtMember bmi:NationalMeterandAutomationInc.Member 2014-12-31 0000009092 bmi:NationalMeterandAutomationInc.Member 2014-01-01 2014-12-31 0000009092 bmi:NiceInstrumentsMember 2016-10-20 2016-10-20 0000009092 us-gaap:CommercialPaperMember 2016-12-31 0000009092 us-gaap:NotesPayableToBanksMember 2015-12-31 0000009092 us-gaap:CommercialPaperMember 2015-12-31 0000009092 us-gaap:NotesPayableToBanksMember 2016-12-31 0000009092 us-gaap:RevolvingCreditFacilityMember bmi:EuroBasedRevolvingLoanFacilityMember 2016-12-31 0000009092 us-gaap:LineOfCreditMember 2016-12-31 0000009092 us-gaap:LineOfCreditMember 2015-12-31 0000009092 us-gaap:RevolvingCreditFacilityMember bmi:EuroBasedRevolvingLoanFacilityMember 2015-12-31 0000009092 2016-09-30 0000009092 us-gaap:LineOfCreditMember 2016-09-30 0000009092 us-gaap:LineOfCreditMember 2016-01-01 2016-12-31 0000009092 us-gaap:ForeignLineOfCreditMember 2016-09-30 0000009092 us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2016-12-31 0000009092 us-gaap:CommonStockMember bmi:OmnibusIncentivePlanMember 2016-01-01 2016-12-31 0000009092 us-gaap:EmployeeStockOptionMember 2014-01-01 2014-12-31 0000009092 us-gaap:CommonStockMember bmi:OmnibusIncentivePlanMember 2016-12-31 0000009092 us-gaap:EmployeeStockOptionMember 2016-01-01 2016-12-31 0000009092 us-gaap:RestrictedStockMember 2016-12-31 0000009092 us-gaap:RestrictedStockMember 2014-01-01 2014-12-31 0000009092 us-gaap:RestrictedStockMember 2015-01-01 2015-12-31 0000009092 us-gaap:RestrictedStockMember 2016-01-01 2016-12-31 0000009092 us-gaap:EmployeeStockOptionMember 2016-12-31 0000009092 us-gaap:EmployeeStockOptionMember 2015-01-01 2015-12-31 0000009092 us-gaap:RestrictedStockMember 2014-12-31 0000009092 us-gaap:RestrictedStockMember 2015-12-31 0000009092 us-gaap:RestrictedStockMember 2013-12-31 0000009092 bmi:OmnibusIncentivePlanMember 2016-01-01 2016-12-31 0000009092 bmi:OmnibusIncentivePlanMember 2015-12-31 0000009092 bmi:OmnibusIncentivePlanMember 2015-01-01 2015-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember 2014-01-01 2014-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember 2016-01-01 2016-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember 2014-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember 2015-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember 2015-01-01 2015-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember bmi:PriceRange2Member 2016-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember 2016-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember 2013-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember bmi:PriceRange1Member 2016-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember bmi:PriceRange3Member 2016-12-31 0000009092 us-gaap:CommonStockMember bmi:OmnibusIncentivePlanMember 2015-01-01 2015-12-31 0000009092 us-gaap:CommonStockMember bmi:OmnibusIncentivePlanMember 2014-01-01 2014-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember bmi:PriceRange2Member 2016-01-01 2016-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember bmi:PriceRange3Member 2016-01-01 2016-12-31 0000009092 us-gaap:EmployeeStockOptionMember bmi:OmnibusIncentivePlanMember bmi:PriceRange1Member 2016-01-01 2016-12-31 0000009092 us-gaap:LandfillMember 2016-01-01 2016-12-31 0000009092 us-gaap:LandfillMember 2016-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember 2015-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember 2016-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember 2015-01-01 2015-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember 2014-01-01 2014-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember 2016-01-01 2016-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember bmi:OfficersAndKeyEmployeesMember 2014-01-01 2014-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember bmi:OfficersAndKeyEmployeesMember 2016-01-01 2016-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2016-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember 2016-09-01 2016-09-30 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2015-01-01 2015-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2015-12-31 0000009092 us-gaap:LoansReceivableMember bmi:EmployeeStockOwnershipPlanEsopPlanMember 2016-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember bmi:OfficersAndKeyEmployeesMember 2015-12-31 0000009092 bmi:DefinedContributionFeatureMember 2016-01-01 2016-12-31 0000009092 bmi:DefinedContributionFeatureMember 2015-01-01 2015-12-31 0000009092 us-gaap:LoansReceivableMember bmi:EmployeeStockOwnershipPlanEsopPlanMember 2010-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember bmi:OfficersAndKeyEmployeesMember 2016-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2014-01-01 2014-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember bmi:OfficersAndKeyEmployeesMember 2015-01-01 2015-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2016-01-01 2016-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2014-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember bmi:AccruedNonPensionPostretirementBenefitsMember 2016-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember bmi:AccruedCompensationAndEmployeeBenefitsMember 2016-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember bmi:AccruedNonPensionPostretirementBenefitsMember 2015-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember bmi:AccruedCompensationAndEmployeeBenefitsMember 2015-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember 2014-12-31 0000009092 us-gaap:FixedIncomeFundsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel2Member 2015-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel3Member 2015-12-31 0000009092 us-gaap:CashAndCashEquivalentsMember us-gaap:PensionPlansDefinedBenefitMember 2015-12-31 0000009092 us-gaap:EquitySecuritiesMember us-gaap:PensionPlansDefinedBenefitMember 2015-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel2Member 2015-12-31 0000009092 us-gaap:EquitySecuritiesMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel1Member 2015-12-31 0000009092 us-gaap:FixedIncomeFundsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel1Member 2015-12-31 0000009092 us-gaap:CashAndCashEquivalentsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel1Member 2015-12-31 0000009092 us-gaap:CashAndCashEquivalentsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel2Member 2015-12-31 0000009092 us-gaap:EquitySecuritiesMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel3Member 2015-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel1Member 2015-12-31 0000009092 us-gaap:EquitySecuritiesMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel2Member 2015-12-31 0000009092 us-gaap:FixedIncomeFundsMember us-gaap:PensionPlansDefinedBenefitMember 2015-12-31 0000009092 us-gaap:FixedIncomeFundsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel3Member 2015-12-31 0000009092 us-gaap:CashAndCashEquivalentsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel3Member 2015-12-31 0000009092 us-gaap:FixedIncomeFundsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel3Member 2016-12-31 0000009092 us-gaap:FixedIncomeFundsMember us-gaap:PensionPlansDefinedBenefitMember 2016-12-31 0000009092 us-gaap:CashAndCashEquivalentsMember us-gaap:PensionPlansDefinedBenefitMember 2016-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel3Member 2016-12-31 0000009092 us-gaap:EquitySecuritiesMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel3Member 2016-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel2Member 2016-12-31 0000009092 us-gaap:EquitySecuritiesMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel1Member 2016-12-31 0000009092 us-gaap:CashAndCashEquivalentsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel3Member 2016-12-31 0000009092 us-gaap:FixedIncomeFundsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel1Member 2016-12-31 0000009092 us-gaap:EquitySecuritiesMember us-gaap:PensionPlansDefinedBenefitMember 2016-12-31 0000009092 us-gaap:CashAndCashEquivalentsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel1Member 2016-12-31 0000009092 us-gaap:FixedIncomeFundsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel2Member 2016-12-31 0000009092 us-gaap:CashAndCashEquivalentsMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel2Member 2016-12-31 0000009092 us-gaap:EquitySecuritiesMember us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel2Member 2016-12-31 0000009092 us-gaap:PensionPlansDefinedBenefitMember us-gaap:FairValueInputsLevel1Member 2016-12-31 0000009092 us-gaap:GeneralBusinessMember 2016-12-31 0000009092 us-gaap:GeneralBusinessMember 2015-12-31 0000009092 2010-12-31 0000009092 country:MX 2014-01-01 2014-12-31 0000009092 bmi:OtherGeographicalAreasMember 2016-01-01 2016-12-31 0000009092 us-gaap:MiddleEastMember 2015-01-01 2015-12-31 0000009092 country:US 2014-01-01 2014-12-31 0000009092 us-gaap:EuropeMember 2015-01-01 2015-12-31 0000009092 us-gaap:MiddleEastMember 2014-01-01 2014-12-31 0000009092 us-gaap:AsiaMember 2016-01-01 2016-12-31 0000009092 country:US 2016-01-01 2016-12-31 0000009092 us-gaap:EuropeMember 2014-01-01 2014-12-31 0000009092 country:MX 2016-01-01 2016-12-31 0000009092 country:CA 2014-01-01 2014-12-31 0000009092 country:US 2015-01-01 2015-12-31 0000009092 country:CA 2016-01-01 2016-12-31 0000009092 us-gaap:EuropeMember 2016-01-01 2016-12-31 0000009092 country:MX 2015-01-01 2015-12-31 0000009092 country:CA 2015-01-01 2015-12-31 0000009092 us-gaap:AsiaMember 2015-01-01 2015-12-31 0000009092 bmi:OtherGeographicalAreasMember 2014-01-01 2014-12-31 0000009092 bmi:OtherGeographicalAreasMember 2015-01-01 2015-12-31 0000009092 us-gaap:AsiaMember 2014-01-01 2014-12-31 0000009092 us-gaap:MiddleEastMember 2016-01-01 2016-12-31 0000009092 country:US 2016-12-31 0000009092 country:MX 2016-12-31 0000009092 us-gaap:EuropeMember 2016-12-31 0000009092 country:US 2015-12-31 0000009092 us-gaap:EuropeMember 2015-12-31 0000009092 country:MX 2015-12-31 0000009092 us-gaap:MinimumMember 2016-03-31 0000009092 2015-04-01 2015-06-30 0000009092 2016-04-01 2016-06-30 0000009092 2016-01-01 2016-03-31 0000009092 2015-10-01 2015-12-31 0000009092 2015-07-01 2015-09-30 0000009092 us-gaap:MaximumMember 2015-06-30 0000009092 2015-06-30 0000009092 2016-03-31 0000009092 us-gaap:MaximumMember 2016-12-31 0000009092 2016-07-01 2016-09-30 0000009092 us-gaap:MaximumMember 2016-09-30 0000009092 2015-01-01 2015-03-31 0000009092 us-gaap:MinimumMember 2016-06-30 0000009092 us-gaap:MinimumMember 2015-03-31 0000009092 2016-10-01 2016-12-31 0000009092 2015-09-30 0000009092 us-gaap:MaximumMember 2015-12-31 0000009092 2015-03-31 0000009092 us-gaap:MinimumMember 2016-09-30 0000009092 us-gaap:MinimumMember 2015-12-31 0000009092 us-gaap:MaximumMember 2015-09-30 0000009092 us-gaap:MaximumMember 2016-03-31 0000009092 us-gaap:MinimumMember 2016-12-31 0000009092 us-gaap:MaximumMember 2016-06-30 0000009092 us-gaap:MinimumMember 2015-06-30 0000009092 us-gaap:MaximumMember 2015-03-31 0000009092 us-gaap:MinimumMember 2015-09-30 iso4217:USD xbrli:shares bmi:product_line bmi:potentially_responsible_party xbrli:shares xbrli:pure iso4217:USD iso4217:EUR bmi:lawsuit bmi:shareholder bmi:segment -339000 10398000 -23000 0 2000000 500000 2500000 15000 2900000 15000000 1400000 2400000 3100000 P5Y P1Y 5000000 2000000 3300000 2300000 70000000.0 5000000.0 1193000 968000 1237000 1107000 9850000 8992000 0 567000 4652000 5126000 1 1200000 9033000 9068000 P3Y 29.97 30.68 27.36 31.75 32.94 29.33 29.03 32.21 25.82 29.30 31.00 27.64 33.26 34.74 26.40 36.52 39.36 31.72 33.51 37.80 31.90 36.95 39.15 29.30 0.07 500000 1000000 1000000 500000 2 948 922 0.85 974000 2530000 1017000 1896000 2008000 1214000 -700000 -728000 -1000000 -1019000 P1Y 1 200000 200000 false --12-31 FY 2016 2016-12-31 10-K 0000009092 29112113 Yes Large Accelerated Filer 971283504 BADGER METER INC No Yes 19155000 18350000 56643000 59818000 103149000 110784000 -11856000 -11891000 35000 -12780000 -11968000 -812000 -11635000 -10495000 -1140000 P12Y P12Y P15Y 31626000 28022000 6773000 10606000 11727000 110000 110000 367000 214000 153000 396000 242000 154000 443000 289000 154000 1449000 1449000 1541000 1541000 1537000 1537000 38000 38000 141000 141000 6057000 9893000 23890000 1400000 400000 400000 1500000 400000 500000 1600000 400000 500000 811000 477000 425000 531000 811000 477000 25000 182000 54000 5500000 6100000 94134 95144 91330 355480000 25220000 289447000 40813000 349699000 24039000 287081000 38579000 149328000 151012000 59839000 65230000 1.00 22900000 3300000 2000000 3900000 800000 100000 700000 9800000 1700000 4500000 400000 2800000 100000 400000 7263000 6656000 8163000 7338000 -607000 1507000 -825000 100.00 1 1400000 0.37 0.095 0.095 0.1 0.1 0.39 0.1 0.1 0.115 0.115 0.43 1 1 40000000 40000000 40000000 41102538 37121618 41103000 37122000 25346000 25014000 33440000 233626000 241922000 243185000 14362000 15324000 14435000 1120000 686000 1129000 1086000 2227000 1275000 300000 200000 300000 1600000 1900000 -1323000 -2568000 922000 -219000 -102000 -363000 -1334000 -3023000 710000 14502000 14685000 208000 -353000 151000 647000 15149000 13484000 1421000 700000 856000 487000 3969000 4103000 1180000 1131000 1398000 413000 2337000 2344000 2979000 2931000 1201000 774000 1901000 7369000 5979000 45500000 42000000 -1457000 3150000 812000 906000 249000 -537000 -606000 -656000 -575000 161000 53000 -25000 31000 0.0439 0.0414 0.0415 0.0394 0.0473 0.0447 0.0401 0.0381 0.0439 0.0414 0.0650 0.0500 0.0525 6767000 48200000 6100000 45471000 6131000 42030000 881000 3596000 718000 5692000 0 1000000 628000 604000 2200000 13700000 400000 4700000 400000 3100000 400000 4000000 400000 3700000 400000 4200000 2806000 2151000 2199000 48656000 1035000 1035000 0 0 5614000 0 5614000 0 36954000 0 36954000 0 43603000 43600000 1035000 42568000 0 489000 489000 0 0 4045000 0 4045000 0 37527000 0 37527000 0 42100000 42061000 489000 41572000 0 -1868000 31000 0 350000 -16000 0 269000 1888000 251000 1769000 257000 1711000 560000 550000 451000 1040000 369000 1600000 -858000 -762000 -1510000 130000 4000 147000 4000 137000 3000 762000 1510000 1000000 0.25 0.2 8891000 9993000 10715000 10631000 10631000 11259000 11259000 12463000 12463000 0.15 0.27 0.29 0.19 0.28 0.33 0.30 0.21 0.15 0.27 0.29 0.19 0.28 0.32 0.30 0.21 -438000 318000 -143000 9663000 13861000 100000 1100000 P4M P2Y3M18D P1Y1M6D 1200000 300000 400000 2300000 400000 2800000 4300000 3600000 3700000 11077.000 10157 11583 144724 124410 101244 38000 141000 0 P20Y P5Y 27609000 1327000 5494000 16104000 441000 1455000 2788000 33735000 1698000 7416000 18970000 458000 1670000 3523000 22200000 6100000 5800000 5900000 5900000 5900000 84957000 4923000 20690000 47157000 650000 2062000 9475000 85607000 4923000 20790000 47657000 650000 2112000 9475000 57348000 51872000 47700000 3000000 48000000 47978000 300000 49300000 49314000 1300000 131142000 30075000 35143000 36101000 34457000 135776000 39011000 39396000 38647000 33522000 150576000 41022000 39447000 47407000 3890000 1705000 2437000 44912000 41152000 49844000 1.04 0.90 1.12 1.03 0.90 1.11 15234000 15214000 17549000 675000 521000 560000 -454000 -13000 -87000 15720000 14403000 17445000 -198000 103000 -172000 841000 1242000 923000 17218000 18167000 19723000 997000 5511000 3561000 6943000 7116000 -955000 -4139000 3774000 3108000 2060000 1632000 961000 -1135000 -1217000 -921000 1144000 1246000 952000 28548000 18087000 78596000 77701000 36864000 42457000 4236000 3314000 3836000 3639000 13184000 17157000 355480000 349699000 104544000 75838000 4400000 4200000 91300000 0.013 0.0125 0.0113 0.0149 4000000 120000000.0 4000000 94300000.0 1500000 1500000 600000 600000 1 2 125197000 126680000 -2743000 -12969000 -44471000 -33161000 -21673000 -12396000 35735000 35831000 56185000 29678000 29678000 4227000 7901000 8327000 5483000 25938000 25938000 7990000 9400000 8792000 6113000 32295000 32295000 2623000 0 0 0 2866000 0 1 46047000 42369000 50765000 13049000 2437000 1359000 1434000 1708000 2245000 3866000 3100000 3200000 3300000 8485000 6607000 -53000 25000 2611000 2611000 77000 77000 -1473000 -1473000 -1381000 -122000 1019000 -1721000 -1721000 -847000 -847000 -328000 -328000 -2164000 -1317000 -847000 -328000 0 -328000 -924000 -77000 -847000 1145000 1473000 -328000 -1968000 -2492000 1153000 1007000 4809000 4019000 5709000 5753000 10633000 11261000 12461000 20300000 400000 200000 20829000 1907000 1800000 12332000 19766000 10596000 4417000 1261000 660000 6100000 391000 5709000 1868000 6131000 378000 5753000 0 0 1000000 5926000 6155000 6653000 -3960000 -33096000 469000 470000 518000 730000 1641000 568000 3133000 2779000 194069000 200978000 90920000 21629000 53615000 15676000 90194000 21046000 53454000 15694000 P39Y P10Y P15Y P20Y P3Y 305000 -152000 2000 -1240000 -1240000 0 -1473000 -1473000 0 154000 154000 154000 9500000 10600000 1000000 1100000 1000000 204044000 223876000 364768000 2768000 12092000 3941000 309651000 10647000 19448000 6221000 83644000 98896000 99388000 95770000 377698000 2172000 9095000 8889000 322535000 8299000 17036000 9672000 100570000 103820000 96273000 93098000 393761000 2503000 12587000 3460000 347853000 6539000 15299000 5520000 85095000 93407000 99811000 1449000 1541000 1537000 P3Y 7250 2900 3500 20.81 24.44 29.18 43912 38386 29268 27.18 28.33 33.98 148950 136912 120248 105316 20.27 23.16 26.99 29.41 48700 52150 40700 18.30 18.08 25.56 0.0132 0.0116 0.495 0.483 0.0174 0.0142 818000 741396 222032 210940 242522 1058000 379000 0 0 0 47916 49510 42302 27.18 11.54 28.33 13.58 33.98 2569000 4288000 404756 406640 369612 384258 106660 119516 158082 19.64 20.90 22.35 23.75 18.15 21.48 29.25 16.29 18.98 20.59 18.08 18.30 19.35 18.30 19.35 33.75 P5Y3M18D P5Y3M18D 1859000 3370000 P5Y P4Y1M6D P7Y2M12D 19.84 20.48 21.01 71360000 65500000 5860000 37950000 29750000 8200000 882000 1739000 3133000 2779000 1655000 1443000 3359000 2255000 1559000 3559000 257000 1278000 -554000 46032 86538 27656 60000 70000 41000 54000 730000 692000 38000 1641000 1517000 57000 67000 569000 528000 19000 22000 469000 314000 155000 470000 355000 115000 518000 412000 106000 196563000 -7524000 25123000 41008000 -1075000 170318000 -31287000 214331000 -11856000 27830000 41046000 -922000 189365000 -31132000 232275000 -12780000 31626000 41103000 -768000 204044000 -30950000 256209000 -11635000 28022000 37122000 -614000 223876000 -20562000 2 2800000 1600000 1233000 2898000 0 6260000 4000000 -10260000 12052894 8003086 30950000 20562000 21900000 768000 614000 846000 533000 814000 347000 0 166000 247000 22000 88000 100000 100000 154000 54000 144000 135000 163000 28757000 28894000 29050000 28613000 28759000 28887000 <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes to the Company's obsolete inventories reserve are as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance&#160;at</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">beginning</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Net&#160;additions</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">charged to</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">earnings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Disposals</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">at end</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of year</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,836</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,214</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,639</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,314</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,530</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,008</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,836</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,236</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">974</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,896</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,314</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table provides a reconciliation of benefit obligations, plan assets and funded status based on a December&#160;31 measurement date:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in benefit obligation:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefit obligation at beginning of plan year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,471</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">48,200</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Service cost</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest cost</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,711</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,769</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actuarial loss/(gain)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">537</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(906</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefits paid</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,692</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,596</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Projected benefit obligation at measurement date</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,030</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,471</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in plan assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair value of plan assets at beginning of plan year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,603</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">48,656</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actual return on plan assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,150</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,457</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Company contribution</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefits paid</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,692</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,596</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair value of plan assets at measurement date</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,061</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,603</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Funded status of the plan:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefit plan assets in excess of benefit obligation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefit obligation in excess of plan assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,868</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prepaid pension asset (accrued pension liability)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,868</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the aggregate intrinsic value related to options exercised, outstanding and exercisable as of and for the years ended December&#160;31:</font></div><div style="line-height:120%;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercised</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">379</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,058</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,288</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,569</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercisable</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,370</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,859</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> Changes in the Company's allowance for doubtful accounts are as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance&#160;at</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">beginning</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Provision</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">and reserve</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">adjustments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Write-offs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">less</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">recoveries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">at end</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of year</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">477</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(54</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">425</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">811</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(152</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(182</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">477</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">531</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">305</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(25</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">811</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Acquisitions</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On October 20, 2016, the Company acquired certain assets of Precision Flow Measurement, Inc., doing business as Nice Instruments, of Manalapan Township, New Jersey. The acquisition adds a new technology for the measurement of steam to the Company's HVAC line of products. </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> The total purchase consideration for the Nice Instruments assets was </font><font style="font-family:inherit;font-size:10pt;">$2.0 million</font><font style="font-family:inherit;font-size:10pt;">, which included a </font><font style="font-family:inherit;font-size:10pt;">$0.2</font><font style="font-family:inherit;font-size:10pt;"> million payment after the first production run that occurred in January 2017. The Company's preliminary allocation of the purchase price at December 31, 2016 included approximately </font><font style="font-family:inherit;font-size:10pt;">$15,000</font><font style="font-family:inherit;font-size:10pt;"> of inventory and equipment, </font><font style="font-family:inherit;font-size:10pt;">$0.7 million</font><font style="font-family:inherit;font-size:10pt;"> of intangibles and </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> of goodwill. The intangible assets acquired are primarily customer technology with an estimated average useful life of </font><font style="font-family:inherit;font-size:10pt;">15 years</font><font style="font-family:inherit;font-size:10pt;">. The preliminary allocation of the purchase price to the assets acquired was based upon the estimated fair values at the date of acquisition. As of December&#160;31, 2016, the Company had not completed its analysis for estimating the fair value of the assets acquired. </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Nice Instrumentation acquisition was accounted for under the purchase method, and accordingly, the results of operations were included in the Company's financial statements from the date of acquisition. The acquisition did not have a material impact on the Company's consolidated financial statements or the notes thereto.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On August&#160;17, 2015, the Company's wholly-owned subsidiary, National Meter and Automation, Inc. (&#8220;National Meter&#8221;), acquired certain assets of United Utilities, Inc. of Smyrna, Tennessee, which was one of the Company's distributors serving Tennessee and Georgia.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> The total purchase consideration for the United Utilities assets was </font><font style="font-family:inherit;font-size:10pt;">$3.3 million</font><font style="font-family:inherit;font-size:10pt;">, which included </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> in cash and settlement of </font><font style="font-family:inherit;font-size:10pt;">$2.9 million</font><font style="font-family:inherit;font-size:10pt;"> of pre-existing Company receivables. The Company's preliminary allocation of the purchase price at December 31, 2015 included </font><font style="font-family:inherit;font-size:10pt;">$0.8 million</font><font style="font-family:inherit;font-size:10pt;"> of receivables, </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> of inventory, </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> of property, plant and equipment, </font><font style="font-family:inherit;font-size:10pt;">$1.7 million</font><font style="font-family:inherit;font-size:10pt;"> of intangibles and </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> of goodwill. The intangible assets acquired are primarily customer relationships with an estimated average useful life of </font><font style="font-family:inherit;font-size:10pt;">12</font><font style="font-family:inherit;font-size:10pt;"> years. The preliminary allocation of the purchase price to the assets acquired was based upon the estimated fair values at the date of acquisition. In 2016, the Company completed its analysis for estimating the fair value of the assets acquired with no additional adjustments. </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The United Utilities acquisition was accounted for under the purchase method, and accordingly, the results of operations were included in the Company's financial statements from the date of acquisition. The acquisition did not have a material impact on the Company's consolidated financial statements or the notes thereto.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On October 1, 2014, the Company acquired </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> of the outstanding common stock of National Meter and Automation, Inc. of Centennial, Colorado. The purchase was estimated to add approximately </font><font style="font-family:inherit;font-size:10pt;">$15 million</font><font style="font-family:inherit;font-size:10pt;"> of incremental annual revenues to Badger Meter, after eliminating what would be intercompany sales. National Meter was a major distributor of Badger Meter products for the municipal water utility market, serving customers in Arizona, California, Colorado, Nevada and southern Wyoming. National Meter has become a regional distribution center for Badger Meter. In addition to its primary product line of water meters and meter reading systems, National Meter provides services including meter testing, leak detection, water audits, and meter and meter reading system installation.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The total purchase consideration for National Meter was </font><font style="font-family:inherit;font-size:10pt;">$22.9 million</font><font style="font-family:inherit;font-size:10pt;">, which included </font><font style="font-family:inherit;font-size:10pt;">$20.3 million</font><font style="font-family:inherit;font-size:10pt;"> in cash, a small working capital adjustment and settlement of pre-existing Company receivables. The Consolidated Balance Sheets at December 31, 2014 included </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$2.5 million</font><font style="font-family:inherit;font-size:10pt;"> of deferred payments, of which </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$2.0 million</font><font style="font-family:inherit;font-size:10pt;"> was paid in late 2015 and early 2016 and </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> is payable in early 2017 and is recorded in payables at December 31, 2016. The Company&#8217;s allocation of the purchase price as of December 31, 2014 included </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$3.9 million</font><font style="font-family:inherit;font-size:10pt;"> of receivables, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$4.5 million</font><font style="font-family:inherit;font-size:10pt;"> of inventory, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$2.8 million</font><font style="font-family:inherit;font-size:10pt;"> of property, plant and equipment, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$9.8 million</font><font style="font-family:inherit;font-size:10pt;"> of intangibles, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$3.0 million</font><font style="font-family:inherit;font-size:10pt;"> of goodwill, and </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> of current liabilities. The intangible assets acquired are primarily customer relationships with an estimated average useful life of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">12</font><font style="font-family:inherit;font-size:10pt;"> years. The Company finalized the valuation for estimating the fair value of the assets acquired and liabilities assumed at September 30, 2015 with a small change from the preliminary December 31, 2014 estimate. There were approximately </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> of transaction costs related to the acquisition that were included in selling, engineering and administration for 2014 in the Company&#8217;s Consolidated Statements of Operations. </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The National Meter acquisition was accounted for under the purchase method, and accordingly, the results of operations were included in the Company&#8217;s financial statements from the date of acquisition. The acquisition did not have a material impact on the Company&#8217;s consolidated financial statements or the notes thereto.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Commitments and Contingencies</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Commitments</font></div><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company makes commitments in the normal course of business. The Company leases equipment and facilities under non-cancelable operating leases, some of which contain renewal options. Total future minimum lease payments consisted of the following at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Total&#160;leases</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In&#160;thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,437</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,245</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,708</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,434</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,359</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,866</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total lease obligations</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,049</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total rental expense charged to operations under all operating leases was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.3 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.1 million</font><font style="font-family:inherit;font-size:10pt;"> in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contingencies</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the normal course of business, the Company is named in legal proceedings. There are currently no material legal proceedings pending with respect to the Company. The more significant legal proceedings are discussed below.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is subject to contingencies related to environmental laws and regulations. The Company is named as </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> of many potentially responsible parties in </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> landfill lawsuits. The landfill sites are impacted by the Federal Comprehensive Environmental Response, Compensation and Liability Act and other environmental laws and regulations. At this time, the Company does not believe the ultimate resolution of these matters will have a material adverse effect on the Company&#8217;s financial position or results of operations, either from a cash flow perspective or on the financial statements as a whole. This belief is based on the Company&#8217;s assessment of its limited past involvement with these landfill sites as well as the substantial involvement of and government focus on other named third parties with these landfill sites. However, due to the inherent uncertainties of such proceedings, the Company cannot predict the ultimate outcome of any of these matters. A future change in circumstances with respect to these specific matters or with respect to sites formerly or currently owned or operated by the Company, off-site disposal locations used by the Company, and property owned by third parties that is near such sites, could result in future costs to the Company and such amounts could be material. Expenditures for compliance with environmental control provisions and regulations during </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> were not material.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Like other companies in recent years, the Company is named as a defendant in numerous pending multi-claimant/multi-defendant lawsuits alleging personal injury as a result of exposure to asbestos, manufactured by third parties, and in the past was integrated into or sold with a very limited number of the Company&#8217;s products. The Company is vigorously defending itself against these claims. Although it is not possible to predict the ultimate outcome of these matters, the Company does not believe the ultimate resolution of these issues will have a material adverse effect on the Company&#8217;s financial position or results of operations, either from a cash flow perspective or on the financial statements as a whole. This belief is based in part on the fact that no claimant has proven or substantially demonstrated asbestos exposure caused by products manufactured or sold by the Company and that a number of cases have been voluntarily dismissed.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company relies on single suppliers for most brass castings and certain resin and electronic subassemblies in several of its product lines. The Company believes these items would be available from other sources, but that the loss of certain suppliers would result in a higher cost of materials, delivery delays, short-term increases in inventory and higher quality control costs in the short term. The Company attempts to mitigate these risks by working closely with key suppliers, purchasing minimal amounts from alternative suppliers and by purchasing business interruption insurance where appropriate.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company reevaluates its exposures on a periodic basis and makes adjustments to reserves as appropriate.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Consolidation</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany transactions have been eliminated in consolidation. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Stock Compensation</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company has an Omnibus Incentive Plan under which </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1,400,000</font><font style="font-family:inherit;font-size:10pt;"> shares are reserved for restricted stock and stock options grants for employees, as well as stock grants for directors. The plan was originally approved in 2011 and replaced all prior stock-based plans except for shares and options previously issued under those plans. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">, there were </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">741,396</font><font style="font-family:inherit;font-size:10pt;"> shares and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">818,000</font><font style="font-family:inherit;font-size:10pt;"> shares of the Company&#8217;s Common Stock available for grant under the 2011 Omnibus Incentive Plan. The Company recognizes the cost of stock-based awards in net earnings for all of its stock-based compensation plans on a straight-line basis over the service period of the awards. The following sections describe the three types of grants in more detail.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Stock Options</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company estimates the fair value of its option awards using the Black-Scholes option-pricing formula, and records compensation expense for stock options ratably over the stock option grant&#8217;s vesting period. Stock option compensation expense recognized by the Company for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> related to stock options was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">in both 2016 and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> compared to </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the transactions of the Company&#8217;s stock option plans for the three-year period ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">:</font><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Number&#160;of&#160;shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Weighted-average</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">exercise price</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Options outstanding - December 31, 2013</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">404,756</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19.64</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,916</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.18</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options exercised</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(46,032</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16.29</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Options outstanding - December 31, 2014</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">406,640</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20.90</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,510</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28.33</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options exercised</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(86,538</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.98</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Options outstanding - December 31, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">369,612</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22.35</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,302</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33.98</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options exercised</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(27,656</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20.59</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Options outstanding - December 31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">384,258</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23.75</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Price range $18.08 &#8212; $18.30</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">(weighted-average contractual life of 5.0 years)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">106,660</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.15</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Price range $18.30 &#8212; $19.35</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">(weighted-average contractual life of 4.1 years)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">119,516</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21.48</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Price range $19.35 &#8212; $33.75</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">(weighted-average contractual life of 7.2 years)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">158,082</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Options outstanding - December 31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">384,258</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercisable options &#8212;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">222,032</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19.84</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">210,940</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20.48</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">242,522</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21.01</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following assumptions were used for valuing options granted in the years ended December&#160;31:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="6" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Per share fair value of options granted during the period</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$13.58</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$11.54</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Risk-free interest rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.42</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.74</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividend yield</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.32</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Volatility factor</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">48.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49.5</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted-average expected life in years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The expected life is based on historical exercise behavior and the projected exercise of unexercised stock options. The risk-free interest rate is based on the U.S. Treasury yield curve in effect on the date of grant for the respective expected life of the option. The expected dividend yield is based on the expected annual dividends divided by the grant date market value of the Company&#8217;s Common Stock. The expected volatility is based on the historical volatility of the Company&#8217;s Common Stock. </font></div><div style="line-height:120%;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the aggregate intrinsic value related to options exercised, outstanding and exercisable as of and for the years ended December&#160;31:</font></div><div style="line-height:120%;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercised</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">379</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,058</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,288</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,569</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercisable</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,370</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,859</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the unrecognized compensation cost related to stock options was approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.2 million</font><font style="font-family:inherit;font-size:10pt;">, which will be recognized over a weighted average period of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2.3</font><font style="font-family:inherit;font-size:10pt;"> years.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Director Stock Grant</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font><font style="font-family:inherit;font-size:10pt;">&#160;Non-employee directors receive an annual award of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$54,000</font><font style="font-family:inherit;font-size:10pt;"> worth of shares of the Company&#8217;s Common Stock under the shareholder-approved 2011 Omnibus Incentive Plan. The Company values stock grants for directors on the closing price of the Company&#8217;s stock on the day the grant was awarded. The Company records compensation expense for this plan ratably over the annual service period beginning May&#160;1. Director stock compensation expense recognized by the Company for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> in each year. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the unrecognized compensation cost related to the director stock award that is expected to be recognized over the remaining </font><font style="font-family:inherit;font-size:10pt;">four months</font><font style="font-family:inherit;font-size:10pt;"> is estimated to be approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Restricted Stock</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company periodically issues nonvested shares of the Company's Common Stock to certain eligible employees, generally with a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">three</font><font style="font-family:inherit;font-size:10pt;">-year cliff vesting period contingent on employment. The Company values restricted stock on the closing price of the Company's stock on the day the grant was awarded. The Company records compensation expense for these plans ratably over the vesting periods. Nonvested stock compensation expense recognized by the Company for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> compared to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.1 million</font><font style="font-family:inherit;font-size:10pt;"> in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of nonvested shares is determined based on the market price of the shares on the grant date.</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Fair&#160;value</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">per share</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Nonvested at December&#160;31, 2013</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">148,950</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">20.27</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">43,912</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">27.18</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(48,700</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">18.30</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(7,250</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">20.81</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Nonvested at December&#160;31, 2014</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">136,912</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">23.16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">38,386</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">28.33</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(52,150</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">18.08</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,900</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">24.44</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Nonvested at December&#160;31, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">120,248</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">26.99</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">29,268</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">33.98</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(40,700</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">25.56</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(3,500</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">29.18</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Nonvested at December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">105,316</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">29.41</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, there was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.1 million</font><font style="font-family:inherit;font-size:10pt;"> of unrecognized compensation cost related to nonvested restricted stock that is expected to be recognized over a weighted average period of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1.1</font><font style="font-family:inherit;font-size:10pt;"> years.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fair Value Measurements of Financial Instruments</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The carrying amounts of cash, receivables and payables in the financial statements approximate their fair values due to the short-term nature of these financial instruments. Short-term debt is comprised of notes payable drawn against the Company's lines of credit and commercial paper. Because of its short-term nature, the carrying amount of the short-term debt also approximates fair value. Included in other assets are insurance policies on various individuals who were associated with the Company. The carrying amounts of these insurance policies approximate their fair value.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Goodwill</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill is tested for impairment annually during the fourth fiscal quarter or more frequently if an event indicates that the goodwill might be impaired. Potential impairment is identified by comparing the fair value of a reporting unit with its carrying value.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Healthcare</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company estimates and records provisions for healthcare claims incurred but not reported, based on medical cost trend analysis, reviews of subsequent payments made and estimates of unbilled amounts.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Long-Lived Assets</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property, plant and equipment and identifiable intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If the sum of the expected undiscounted cash flows is less than the carrying value of the related asset or group of assets, a loss is recognized for the difference between the fair value and carrying value of the asset or group of assets.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Income Taxes</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is subject to income taxes in the United States and numerous foreign jurisdictions. Significant judgment is required in determining the worldwide provision for income taxes and recording the related deferred tax assets and liabilities. </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Details of earnings before income taxes are as follows:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Domestic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,407</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,447</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41,022</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,437</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,705</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,890</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,844</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41,152</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,912</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The provision (benefit) for income taxes is as follows:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current:</font></div></td><td colspan="11" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Federal</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,435</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,324</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,362</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,275</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,227</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,086</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,129</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">686</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,120</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Federal</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">922</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,568</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,323</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">151</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(353</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">208</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(363</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(102</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(219</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,549</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,214</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,234</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The provision for income tax from operations differs from the amount that would be provided by applying the statutory U.S. corporate income tax rate in each year due to the following items:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Provision at statutory rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,445</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,403</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,720</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State income taxes, net of federal tax benefit</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">923</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,242</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">841</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign - tax rate differential and other</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(87</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(454</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Domestic production activities deduction</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(560</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(521</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(675</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(172</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">103</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(198</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actual provision</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,549</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,214</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,234</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The components of deferred income taxes as of December 31 are as follows:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reserve for receivables and inventories</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,931</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,979</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,131</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,180</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Payables</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,107</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,237</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-pension postretirement benefits</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,344</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,337</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net operating loss and credit carryforwards</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">968</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,193</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued pension benefits</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">413</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,398</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued employee benefits</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,103</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,969</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">487</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">856</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total deferred tax assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,484</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,149</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax liabilities:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,126</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,652</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,992</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,850</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prepaids</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">567</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total deferred tax liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,685</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,502</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net deferred tax (liabilities) assets</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,201</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">647</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under Accounting Standards Update ("ASU") 2015-17, all deferred tax assets and liabilities are to be classified in the balance sheet as noncurrent. ASU 2015-07 is generally effective for public entities for annual periods beginning after December 15, 2016. The Company, however, elected early adoption of the principles of ASU 2015-17 with its 2015 financial statements, and in accordance with the transition rules, the Company elected to apply ASU 2015-17 prospectively.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">, the Company had federal and state net operating loss carryforwards of </font><font style="font-family:inherit;font-size:10pt;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.8 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. The Company's U.S. federal and state net operating loss carryforwards expire between </font><font style="font-family:inherit;font-size:10pt;">2029</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2033</font><font style="font-family:inherit;font-size:10pt;">. The Company also has an immaterial amount of net operating losses in certain jurisdictions at December 31, 2016.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">, the Company had federal general business credit carryforwards of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;">. The Company&#8217;s U.S. federal tax credit carryforwards expire in </font><font style="font-family:inherit;font-size:10pt;">2033</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s federal and state net operating loss and federal and state credit carryforwards are limited on an annual basis to </font><font style="font-family:inherit;font-size:10pt;">$1.2 million</font><font style="font-family:inherit;font-size:10pt;"> under Internal Revenue Code Section 382 and Section 383. The federal net operating loss carryforwards must be fully utilized prior to the utilization of the federal credit carryforwards.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">No provision for federal income taxes was made on the earnings of foreign subsidiaries that are considered indefinitely invested or that would be offset by foreign tax credits upon distribution. Such undistributed earnings at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> were </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$21.9 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes in the Company's gross liability for unrecognized tax benefits, excluding interest and penalties, were as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at beginning of year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">533</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">846</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Increases in unrecognized tax benefits as a result of positions taken during the prior period</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">88</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Increases in unrecognized tax benefits as a result of positions taken during the current period</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">247</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">166</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Decreases in unrecognized tax benefits relating to settlements with taxing authorities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(347</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(54</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(154</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at end of year</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">814</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">533</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company does not expect a significant increase or decrease to the total amount of unrecognized tax benefits during the fiscal year ending December&#160;31, 2017. To the extent these unrecognized tax benefits are ultimately recognized, they will impact the effective tax rate.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction, and various states and foreign jurisdictions. The Company is no longer subject to U.S. federal income tax examinations by tax authorities for years prior to 2013, and, with few exceptions, state and local income tax examinations by tax authorities for years prior to 2012. The Company's policy is to recognize interest related to unrecognized tax benefits as interest expense and penalties as operating expenses. Accrued interest was less than </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">, respectively, and there were no penalties accrued in either year.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company believes that it has appropriate support for the income tax positions taken and to be taken on its tax returns and that its accruals for tax liabilities are adequate for all open years based on an assessment of many factors including past experience and interpretations of tax law applied to the facts of each matter.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Intangible Assets</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangible assets are amortized on a straight-line basis over their estimated useful lives, ranging from </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">5</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">20 years</font><font style="font-family:inherit;font-size:10pt;">. The Company does not have any intangible assets deemed to have indefinite lives. </font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Capitalized Software and Hardware</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Capitalized internal use software and hardware included in prepaid expenses and other current assets in the Consolidated Balance Sheets were </font><font style="font-family:inherit;font-size:10pt;">$2.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.0 million</font><font style="font-family:inherit;font-size:10pt;"> at December 31, 2016 and 2015, respectively. In addition, there was </font><font style="font-family:inherit;font-size:10pt;">$3.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$5.0 million</font><font style="font-family:inherit;font-size:10pt;"> at December 31, 2016 and 2015, respectively, included in other assets in the Consolidated Balance Sheets. These amounts are amortized on a straight-line basis over the estimated useful lives of the software and/or hardware, ranging from </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">1</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">5</font><font style="font-family:inherit;font-size:10pt;"> years.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Inventories</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Inventories are valued at the lower of cost or market. Cost is determined using the first-in, first-out method. The Company estimates and records provisions for obsolete inventories.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Long-Term Debt</font></div><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2010</font><font style="font-family:inherit;font-size:10pt;">, the Company restructured the outstanding debt of its ESSOP by loaning the ESSOP </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> to repay a loan to a third party and loaning the ESSOP an additional </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> to purchase additional shares of the Company&#8217;s Common Stock for future 401(k) savings plan matches under a program that will expire on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. Under this program, the Company agreed to pay the principal and interest on the new loan amount of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.5 million</font><font style="font-family:inherit;font-size:10pt;">. The receivable from the ESSOP and the related obligation were therefore netted to zero on the Company&#8217;s Consolidated Balance Sheets at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;">. The terms of the loan call for equal payments of principal with the final payment due on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, and prepayments are allowed under the plan terms. At </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.6 million</font><font style="font-family:inherit;font-size:10pt;"> of the loan balance remained.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">New Pronouncements</font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2016-02 "Leases (Topic 842)," which requires lessees to record most leases on their balance sheets. Lessees initially recognize a lease liability (measured at the present value of the lease payments over the lease term) and a right-of-use ("ROU") asset (measured at the lease liability amount, adjusted for lease prepayments, lease incentives received and the lessee's initial direct costs). Lessees can make an accounting policy election not to recognize ROU assets and lease liabilities for leases with a lease term of 12 months or less as long as the leases do not include options to purchase the underlying assets that the lessee is reasonably certain to exercise. For lessors, the guidance modifies the classification criteria and the accounting for sales-type and direct financing leases. The ASU is effective for fiscal years beginning after December 15, 2018. Early adoption is permitted for all entities. The ASU is effective for the Company beginning on January 1, 2019 and the standard requires the use of a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. Full retrospective application is prohibited. The Company is continuing to evaluate the impact that the adoption of this guidance will have on its financial condition, results of operations and the presentation of its financial statements.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2015, the FASB issued ASU 2015-11 "Simplifying the Measurement of Inventory (Topic 330)," which requires entities to measure inventories at the lower of cost or net realizable value ("NRV"). This simplifies the evaluation from the current method of lower of cost or market, where market is based on one of three measures (i.e. replacement cost, net realizable value, or net realizable value less a normal profit margin). The ASU does not apply to inventories measured under the last-in, first-out method or the retail inventory method, and defines NRV as the "estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation." The ASU is effective on a prospective basis for the Company beginning on January 1, 2017, with early adoption permitted. The adoption of ASU 2015-11 will not have a material impact on the Company's financial condition or results of operations.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued accounting standards update number 2014-09 &#8220;Revenue from Contracts with Customers.&#8221; ASU 2014-09 provides a single principles-based, five-step model to be applied to all contracts with customers. The five steps are to identify the contract(s) with the customer, to identify the performance obligations in the contract, to determine the transaction price, to allocate the transaction price to the performance obligations in the contract and to recognize revenue when each performance obligation is satisfied. Revenue will be recognized when promised goods or services are transferred to the customer in an amount that reflects the consideration expected in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. During 2016, the FASB issued additional ASU&#8217;s which enhanced the originally issued guidance. These ASU&#8217;s encompassed narrow scope improvements and practical expedients along with providing further clarification on the accounting for intellectual property licenses, principal versus agent considerations and identifying performance obligations. </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has substantially completed the assessment phase for ASU 2014-09 and is currently documenting formal policies in anticipation of adopting the standard on January 1, 2018. The Company has identified a subset of contracts with customers where services are provided that are both uniquely beneficial and separately identifiable from product sales and thus are considered separate performance obligations under the new guidance. Each of these individual service activities is being documented in scenario development and processes are being established to recognize revenue for each unique performance obligation in accordance with the guidance, when effective. The Company continues to proactively address all potential areas of impact related to ASU 2014-09. To date, the Company has not identified any specific aspect of the new standard that it believes would significantly change the Company&#8217;s financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (modified retrospective method). The Company currently anticipates adopting the standard using the modified retrospective method.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Employee Benefit Plans</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company maintains a non-contributory defined benefit pension plan that covers substantially all U.S. employees who were employed at December&#160;31, 2011. After that date, no further benefits are being accrued in this plan. For the frozen pension plan, benefits are based primarily on years of service and, for certain employees, levels of compensation. </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company also maintains supplemental non-qualified plans for certain officers and other key employees, and an Employee Savings and Stock Option Plan (&#8220;ESSOP&#8221;) for the majority of the U.S. employees. </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company also has a postretirement healthcare benefit plan that provides medical benefits for certain U.S. retirees and eligible dependents hired prior to November 1, 2004. Employees are eligible to receive postretirement healthcare benefits upon meeting certain age and service requirements. No employees hired after October 31, 2004 are eligible to receive these benefits. This plan requires employee contributions to offset benefit costs.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts included in accumulated other comprehensive loss, net of tax, at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> that have not yet been recognized in net periodic benefit cost are as follows:</font></div><div style="line-height:120%;padding-bottom:6px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Pension</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">plans</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Other</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">postretirement</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">benefits</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior service cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(23</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net actuarial loss</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,398</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(339</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts included in accumulated other comprehensive loss, net of tax, at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> expected to be recognized in net periodic benefit cost during the fiscal year ending December 31, 2017 are as follows:</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Pension</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">plans</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Other</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">postretirement</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">benefits</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior service credit</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net actuarial loss</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">350</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Qualified Pension Plan</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company maintains a non-contributory defined benefit pension plan (sometimes referred to as the &#8220;qualified pension plan&#8221;) for certain employees. On December&#160;31, 2010, the Company froze the qualified pension plan for its non-union participants and formed a new defined contribution feature within the ESSOP plan in which each employee received a similar benefit. On December&#160;31, 2011, the Company froze the qualified pension plan for its union participants and included them in the same defined contribution feature within the ESSOP. After December&#160;31, 2011, employees receive no future benefits under the qualified pension benefit plan as benefits were frozen and the employees now receive a defined contribution in its place. Employees will continue to earn returns on their frozen balances.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table sets forth the components of net periodic pension cost for the years ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> based on a December&#160;31 measurement date:</font></div><div style="line-height:120%;padding-bottom:6px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Service cost &#8212; benefits earned during the year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest cost on projected benefit obligations</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,711</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,769</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,888</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expected return on plan assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,199</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,151</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,806</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of net loss</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">575</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">656</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">606</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Settlement expense</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,510</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">762</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">858</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net periodic pension cost</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,600</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,040</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">550</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:12px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actuarial assumptions used in the determination of the net periodic pension cost are:</font><font style="font-family:inherit;font-size:9pt;">&#160;&#160;&#160;&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Discount rate</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.14</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.81</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.47</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expected long-term return on plan assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.25</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.00</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.50</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Rate of compensation increase</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's discount rate assumptions for the qualified pension plan are based on the average yield of a hypothetical high quality bond portfolio with maturities that approximately match the estimated cash flow needs of the plan. The assumptions for expected long-term rates of return on assets are based on historical experience and estimated future investment returns, taking into consideration anticipated asset allocations, investment strategies and the views of various investment professionals. The use of these assumptions can cause volatility if actual results differ from expected results.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table provides a reconciliation of benefit obligations, plan assets and funded status based on a December&#160;31 measurement date:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in benefit obligation:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefit obligation at beginning of plan year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,471</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">48,200</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Service cost</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest cost</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,711</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,769</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actuarial loss/(gain)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">537</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(906</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefits paid</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,692</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,596</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Projected benefit obligation at measurement date</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,030</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,471</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change in plan assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair value of plan assets at beginning of plan year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,603</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">48,656</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actual return on plan assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,150</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,457</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Company contribution</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefits paid</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,692</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,596</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair value of plan assets at measurement date</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,061</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,603</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Funded status of the plan:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefit plan assets in excess of benefit obligation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefit obligation in excess of plan assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,868</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prepaid pension asset (accrued pension liability)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,868</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The actuarial assumption used in the determination of the benefit obligation of the above data is:</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="6" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Discount rate</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.94</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.14</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of the qualified pension plan assets was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$42.1 million</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$43.6 million</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">. The variation in the fair value of the assets between years was due to the change in the market value of the underlying investments and benefits paid. Estimated future benefit payments expected to be paid in each of the next five years beginning with 2017 are </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$4.7 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$4.2 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.7 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$4.0 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.1 million</font><font style="font-family:inherit;font-size:10pt;">, with an aggregate of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$13.7</font><font style="font-family:inherit;font-size:10pt;"> million for the five years thereafter. A voluntary contribution of </font><font style="font-family:inherit;font-size:10pt;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> was made in September 2016 related to the 2015 plan year. As of the most recent actuarial measurement date, the Company is not required to make a minimum contribution for the 2017 calendar year. </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Historically, the Company employed a total return on investment approach whereby a mix of equities and fixed income investments were used to maximize the long-term return of plan assets for a prudent level of risk. Because of volatility in market returns and the plan&#8217;s current funding status, the decision was made in 2014 to move towards a liability driven investing strategy whereby the assets are primarily fixed income investments. The fixed income investments that were chosen under this strategy, while not precisely the same, are meant to parallel the investments selected in determining the discount rate used to calculate the Company&#8217;s pension liability. In November 2016, the Company further modified the investment policy to attain a portfolio that consists of intermediate and short-duration investment grade bonds along with a mid-duration long credit fund. At year end, the Company was in the process of implementing this investment policy to meet its target portfolio. The objective of this strategy is to maintain the funding status of the plan by eliminating equity exposure and minimizing interest rate risk. The remaining equity securities at year-end were diversified across various investment categories. Investment risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews, annual liability measurements and periodic asset/liability studies. </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounting Standards Codification 820, &#8220;Fair Value Measurements and Disclosures,&#8221; establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. This hierarchy consists of three broad levels: Level 1 inputs consist of unadjusted quoted prices in active markets for identical assets and have the highest priority. Level 2 inputs consist of inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for determining the fair value of assets or liabilities that reflect assumptions that market participants would use in pricing assets or liabilities. The plan uses appropriate valuation techniques based on the available inputs to measure the fair value of its investments.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of the Company's qualified pension plan assets by category as of and for the years ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31:</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:336px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Market</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Quoted</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">prices&#160;in&#160;active</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">markets for</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">identical&#160;assets</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160;1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">observable</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">inputs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160;2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">unobservable</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">inputs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160;3)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In&#160;thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity securities (a)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,045</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,045</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fixed income funds (b)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,527</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,527</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash/cash equivalents (c)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">489</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">489</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,061</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">489</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41,572</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Market</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Quoted</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">prices&#160;in&#160;active</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">markets&#160;for</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">identical&#160;assets</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160; 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">observable</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">inputs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160;2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">unobservable</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">inputs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160;3)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In&#160;thousands)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity securities (a)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,614</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,614</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fixed income funds (b)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,954</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,954</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash/cash equivalents (c)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,035</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,035</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,603</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,035</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,568</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(a)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Equity funds in aggregate are well diversified by market capitalization, investment style and geography. The funds seek to provide investment results approximating the aggregate price and dividend performance of securities included in the S&amp;P 500 Index, Russell 2000 Index and MSCI All Country World ex-US Index.</font></div></td></tr></table><div style="line-height:120%;padding-left:4px;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(b)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Fixed Income funds consist of bonds.&#160; In aggregate, the funds seek to provide investment results approximating the return of the Plan&#8217;s obligations.&#160; The funds consist of long credit bonds, intermediate credit bonds, short duration government credit bonds and bank loans.</font></div></td></tr></table><div style="line-height:120%;padding-left:4px;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(c)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This category comprises the cash held to pay beneficiaries. The fair value of cash equals its book value.</font></div></td></tr></table><div style="line-height:120%;padding-left:4px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;padding-left:4px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The pension plan has a separately determined accumulated benefit obligation that is the actuarial present value of benefits based upon service rendered and current and past compensation levels. Prior to December 31, 2012, this differed from the projected benefit obligation in that it included no assumption about future compensation levels. The accumulated benefit obligation was </font><font style="font-family:inherit;font-size:10pt;">$42.0 million</font><font style="font-family:inherit;font-size:10pt;"> at December 31, 2016 and </font><font style="font-family:inherit;font-size:10pt;">$45.5 million</font><font style="font-family:inherit;font-size:10pt;"> at December 31, 2015.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Supplemental Non-qualified Unfunded Plans</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;">The Company also maintains supplemental non-qualified unfunded plans for certain officers and other key employees. Expense for these plans was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> for the year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;"> for the year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> for the year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">. The amount accrued was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;">, respectively. Amounts were determined based on similar assumptions as the qualified pension plan as of the December&#160;31 measurement date for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Other Postretirement Benefits</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has a postretirement plan that provides medical benefits for certain U.S. retirees and eligible dependents hired prior to November 1, 2004. The following table sets forth the components of net periodic postretirement benefit cost for the years ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Service cost, benefits attributed for service of active employees for the period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">137</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">147</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">130</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest cost on the accumulated postretirement benefit obligation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">257</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">251</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">269</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of prior service (credit) cost</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">53</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">161</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net periodic postretirement benefit cost</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">369</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">451</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">560</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The discount rate used to measure the net periodic postretirement benefit cost was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">4.39%</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">4.01%</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">4.73%</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">. It is the Company's policy to fund healthcare benefits on a cash basis. Because the plan is unfunded, there are no plan assets. The following table provides a reconciliation of the projected benefit obligation at the Company's December 31 measurement date:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefit obligation at beginning of year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,767</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Service cost</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">137</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">147</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest cost</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">257</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">251</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actuarial gain</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(249</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(812</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Plan participants' contributions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">604</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">628</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefits paid</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(718</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(881</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefit obligation and funded status at end of year</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,131</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,100</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The amounts recognized in the Consolidated Balance Sheets at December 31 are:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued compensation and employee benefits</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">378</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">391</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued non-pension postretirement benefits</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,753</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,709</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts recognized at December&#160;31</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,131</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,100</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The discount rate used to measure the accumulated postretirement benefit obligation was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">4.15%</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">4.39%</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;">. The Company's discount rate assumptions for its postretirement benefit plan are based on the average yield of a hypothetical high quality bond portfolio with maturities that approximately match the estimated cash flow needs of the plan. Because the plan requires the Company to establish fixed Company contribution amounts for retiree healthcare benefits, future healthcare cost trends do not generally impact the Company's accruals or provisions. </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Estimated future benefit payments of postretirement benefits, assuming increased cost sharing, expected to be paid in each of the next five years beginning with 2017 are </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> through </font><font style="font-family:inherit;font-size:10pt;">2021</font><font style="font-family:inherit;font-size:10pt;">, with an aggregate of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$2.2 million</font><font style="font-family:inherit;font-size:10pt;"> for the five years thereafter. These amounts can vary significantly from year to year because the cost sharing estimates can vary from actual expenses as the Company is self-insured.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Badger Meter Employee Savings and Stock Ownership Plan</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In 2010, the Company restructured the outstanding debt of its ESSOP by loaning the ESSOP </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> to repay a loan to a third party and loaning the ESSOP an additional </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> to purchase additional shares of the Company&#8217;s Common Stock for future 401(k) savings plan matches under a program that will expire on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. Under this program, the Company agreed to pay the principal and interest on the new loan amount of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.5 million</font><font style="font-family:inherit;font-size:10pt;">. The receivable from the ESSOP and the related obligation were therefore netted to zero on the Company&#8217;s Consolidated Balance Sheets at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;">. The terms of the loan call for equal payments of principal with the final payment due on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, and prepayments are allowed under the plan terms. At </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$0.6 million</font><font style="font-family:inherit;font-size:10pt;"> of the loan balance remained.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company made principal payments of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$154,000</font><font style="font-family:inherit;font-size:10pt;"> in each of 2016, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">. The associated commitments released shares of Common Stock (</font><font style="font-family:inherit;font-size:10pt;">11,583</font><font style="font-family:inherit;font-size:10pt;"> shares in </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> obligation, </font><font style="font-family:inherit;font-size:10pt;">10,157</font><font style="font-family:inherit;font-size:10pt;"> shares in </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> obligation, and </font><font style="font-family:inherit;font-size:10pt;">11,077</font><font style="font-family:inherit;font-size:10pt;"> shares in </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">2013</font><font style="font-family:inherit;font-size:10pt;"> obligation) for allocation to participants in the ESSOP. The ESSOP held unreleased shares of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">101,244</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">124,410</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">144,724</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">, respectively, with a fair value of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.7 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.6 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$4.3 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">, respectively. Unreleased shares are not considered outstanding for purposes of computing earnings per share.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The ESSOP includes a voluntary 401(k) savings plan that allows certain employees to defer up to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">20%</font><font style="font-family:inherit;font-size:10pt;"> of their income on a pretax basis subject to limits on maximum amounts. The Company matches </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">25%</font><font style="font-family:inherit;font-size:10pt;"> of each employee&#8217;s contribution, with the match percentage applying to a maximum of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7%</font><font style="font-family:inherit;font-size:10pt;"> of each employee's salary. The match is paid using the Company's Common Stock released through the ESSOP loan payments. For ESSOP shares purchased prior to 1993, compensation expense is recognized based on the original purchase price of the shares released and dividends on unreleased shares are charged to compensation expense. For shares purchased in or after 1993, expense is based on the market value of the shares on the date released and dividends on unreleased shares are charged to compensation expense. Compensation expense of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> was recognized for the match for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;"> and 2015 compared to $</font><font style="font-family:inherit;font-size:10pt;">0.3 million</font><font style="font-family:inherit;font-size:10pt;"> in </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On December&#160;31, 2010, the Company froze the qualified pension plan for its non-union participants and formed a new defined contribution feature within the ESSOP plan in which each employee received a similar benefit. On December&#160;31, 2011, the Company froze the qualified pension plan for its union participants and included them in the same defined contribution feature within the ESSOP. For </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;">, compensation expense under the defined contribution feature totaled </font><font style="font-family:inherit;font-size:10pt;">$2.8 million</font><font style="font-family:inherit;font-size:10pt;"> compared to </font><font style="font-family:inherit;font-size:10pt;">$2.3 million</font><font style="font-family:inherit;font-size:10pt;"> in 2015.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Property, Plant and Equipment</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property, plant and equipment are stated at cost. Depreciation is provided over the estimated useful lives of the respective assets by the straight-line method. The estimated useful lives of assets are: for land improvements, </font><font style="font-family:inherit;font-size:10pt;">15 years</font><font style="font-family:inherit;font-size:10pt;">; for buildings and improvements, </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">39 years</font><font style="font-family:inherit;font-size:10pt;">; and for machinery and equipment, </font><font style="font-family:inherit;font-size:10pt;">3</font><font style="font-family:inherit;font-size:10pt;">&#160;to </font><font style="font-family:inherit;font-size:10pt;">20 years</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Quarter ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;31</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">June&#160;30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September&#160;30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;31</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands except per share data)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2016</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,570</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">103,820</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">96,273</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">93,098</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross margin</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,011</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,396</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,647</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,522</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net earnings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,990</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,400</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,792</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,113</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per share:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.28</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.33</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.30</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.21</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.28</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.32</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.30</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividends declared</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.10</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.10</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.115</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.115</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stock price:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">High</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.74</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39.36</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37.80</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39.15</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Low</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26.40</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31.72</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31.90</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.30</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter-end close</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33.26</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36.52</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33.51</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36.95</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2015</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">83,644</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98,896</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99,388</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95,770</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross margin</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,075</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,143</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,101</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34,457</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net earnings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,227</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,901</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,327</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,483</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per share:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.15</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.27</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.29</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.19</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.15</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.27</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.29</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.19</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividends declared</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.095</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.095</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.10</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.10</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stock price:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">High</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30.68</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32.94</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32.21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31.00</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Low</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.36</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.33</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.82</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.64</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter-end close</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.97</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31.75</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.03</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.30</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's Common Stock is listed on the New York Stock Exchange under the symbol BMI. Earnings per share are computed independently for each quarter. As such, the annual per share amount may not equal the sum of the quarterly amounts due to rounding. The Company currently anticipates continuing to pay cash dividends. Shareholders of record as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> totaled </font><font style="font-family:inherit;font-size:10pt;">922</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">948</font><font style="font-family:inherit;font-size:10pt;">, respectively. Voting trusts and street name shareholders are counted as single shareholders for this purpose.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Receivables</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receivables consist primarily of trade receivables. The Company does not require collateral or other security and evaluates the collectability of its receivables based on a number of factors. An allowance for doubtful accounts is recorded for significant past due receivable balances based on a review of the past due items and the customer's ability and likelihood to pay, as well as applying a historical write-off ratio to the remaining balances.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Research and Development</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Research and development costs are charged to expense as incurred</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues are generally recognized upon shipment of product, which corresponds with the transfer of title. The costs of shipping are generally billed to the customer upon shipment and are included in cost of sales. A small portion of the Company's sales includes shipments of products combined with services, such as meters sold with installation. The product and installation components of these multiple deliverable arrangements are considered separate units of accounting. The value of these separate units of accounting is determined based on their relative fair values determined on a stand-alone basis. Revenue is generally recognized when the last element of the multiple deliverable is delivered, which corresponds with installation and acceptance by the customer. The Company also sells a small number of extended support service agreements on certain products for the period subsequent to the normal support service provided with the original product sale. Revenue is recognized over the service agreement period, which is generally </font><font style="font-family:inherit;font-size:10pt;">one year</font><font style="font-family:inherit;font-size:10pt;">. In 2014, the company began offering software as a service with its BEACON AMA product and revenue for this service is recognized on a monthly basis as the service is performed.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Components of accumulated other comprehensive loss at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> are as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:58%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Pension and postretirement benefits</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Foreign currency</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at beginning of period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,968</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(812</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,780</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other comprehensive income before reclassifications</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(328</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(328</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Amounts reclassified from accumulated other comprehensive loss, net of tax of $(1.0) million</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,473</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,473</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net current period other comprehensive loss (income), net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,473</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(328</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,145</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated other comprehensive loss</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,495</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,140</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,635</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Details of reclassifications out of accumulated other comprehensive loss during </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> are as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.6608187134503%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:86%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amount reclassified from accumulated other comprehensive loss</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of employee benefit plan items:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior service cost (1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(25</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Settlement expense (1)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,510</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actuarial loss (1)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,007</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total before tax</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,492</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax benefit</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,019</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount reclassified out of accumulated other comprehensive loss</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,473</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:29px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:-2px;"><font style="font-family:inherit;font-size:10pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These accumulated other comprehensive loss components are included in the computation of benefit plan costs in Note 7 &#8220;Employee Benefit Plans.&#8221;</font></div></td></tr></table><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Components of accumulated other comprehensive loss at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> are as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:56%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Pension and postretirement benefits</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Foreign currency</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at beginning of period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,891</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,856</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other comprehensive income before reclassifications</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,317</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(847</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,164</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Amounts reclassified from accumulated other comprehensive loss, net of tax of $(0.7) million</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,240</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,240</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net current period other comprehensive income, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(77</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(847</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(924</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated other comprehensive loss</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,968</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(812</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,780</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Details of reclassifications out of accumulated other comprehensive loss during </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> are as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:66.47173489278752%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:79%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amount reclassified from accumulated other comprehensive loss</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of employee benefit plan items:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior service cost (1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">53</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Settlement expense (1)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">762</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actuarial loss (1)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,153</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total before tax</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,968</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax benefit</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(728</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount reclassified out of accumulated other comprehensive loss</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,240</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:29px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:-2px;"><font style="font-family:inherit;font-size:10pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These accumulated other comprehensive loss components are included in the computation of benefit plan costs in Note 7 &#8220;Employee Benefit Plans.&#8221;</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of the Company's qualified pension plan assets by category as of and for the years ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31:</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:336px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Market</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Quoted</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">prices&#160;in&#160;active</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">markets for</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">identical&#160;assets</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160;1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">observable</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">inputs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160;2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">unobservable</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">inputs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160;3)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In&#160;thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity securities (a)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,045</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,045</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fixed income funds (b)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,527</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,527</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash/cash equivalents (c)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">489</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">489</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,061</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">489</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41,572</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Market</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Quoted</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">prices&#160;in&#160;active</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">markets&#160;for</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">identical&#160;assets</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160; 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">observable</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">inputs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160;2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">unobservable</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">inputs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(Level&#160;3)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In&#160;thousands)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity securities (a)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,614</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,614</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fixed income funds (b)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,954</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,954</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash/cash equivalents (c)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,035</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,035</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,603</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,035</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,568</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(a)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Equity funds in aggregate are well diversified by market capitalization, investment style and geography. The funds seek to provide investment results approximating the aggregate price and dividend performance of securities included in the S&amp;P 500 Index, Russell 2000 Index and MSCI All Country World ex-US Index.</font></div></td></tr></table><div style="line-height:120%;padding-left:4px;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(b)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Fixed Income funds consist of bonds.&#160; In aggregate, the funds seek to provide investment results approximating the return of the Plan&#8217;s obligations.&#160; The funds consist of long credit bonds, intermediate credit bonds, short duration government credit bonds and bank loans.</font></div></td></tr></table><div style="line-height:120%;padding-left:4px;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(c)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This category comprises the cash held to pay beneficiaries. The fair value of cash equals its book value.</font></div></td></tr></table><div style="line-height:120%;padding-left:4px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;padding-left:4px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts included in accumulated other comprehensive loss, net of tax, at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> expected to be recognized in net periodic benefit cost during the fiscal year ending December 31, 2017 are as follows:</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Pension</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">plans</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Other</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">postretirement</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">benefits</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior service credit</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net actuarial loss</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">350</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The amounts recognized in the Consolidated Balance Sheets at December 31 are:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued compensation and employee benefits</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">378</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">391</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued non-pension postretirement benefits</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,753</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,709</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts recognized at December&#160;31</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,131</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,100</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:12px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actuarial assumptions used in the determination of the net periodic pension cost are:</font><font style="font-family:inherit;font-size:9pt;">&#160;&#160;&#160;&#160;</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Discount rate</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.14</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.81</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.47</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expected long-term return on plan assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.25</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.00</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.50</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Rate of compensation increase</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The actuarial assumption used in the determination of the benefit obligation of the above data is:</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="6" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Discount rate</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.94</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.14</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table provides a reconciliation of the projected benefit obligation at the Company's December 31 measurement date:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefit obligation at beginning of year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,767</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Service cost</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">137</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">147</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest cost</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">257</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">251</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actuarial gain</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(249</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(812</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Plan participants' contributions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">604</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">628</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefits paid</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(718</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(881</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Benefit obligation and funded status at end of year</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,131</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,100</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The provision (benefit) for income taxes is as follows:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current:</font></div></td><td colspan="11" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Federal</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,435</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,324</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,362</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,275</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,227</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,086</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,129</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">686</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,120</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Federal</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">922</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,568</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,323</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">151</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(353</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">208</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(363</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(102</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(219</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,549</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,214</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,234</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term debt at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> consisted of:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes payable to banks</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,200</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,860</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Commercial paper</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,750</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">65,500</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total short-term debt</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,950</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">71,360</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The components of deferred income taxes as of December 31 are as follows:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reserve for receivables and inventories</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,931</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,979</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,131</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,180</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Payables</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,107</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,237</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-pension postretirement benefits</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,344</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,337</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net operating loss and credit carryforwards</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">968</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,193</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued pension benefits</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">413</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,398</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued employee benefits</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,103</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,969</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">487</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">856</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total deferred tax assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,484</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,149</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax liabilities:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,126</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,652</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,992</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,850</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prepaids</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">567</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total deferred tax liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,685</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,502</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net deferred tax (liabilities) assets</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,201</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">647</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The provision for income tax from operations differs from the amount that would be provided by applying the statutory U.S. corporate income tax rate in each year due to the following items:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Provision at statutory rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,445</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,403</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,720</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State income taxes, net of federal tax benefit</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">923</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,242</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">841</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign - tax rate differential and other</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(87</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(454</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Domestic production activities deduction</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(560</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(521</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(675</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(172</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">103</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(198</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actual provision</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,549</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,214</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,234</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The carrying value and accumulated amortization by major class of intangible assets are as follows: </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:49%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Gross&#160;carrying</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Accumulated</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">amortization</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Gross&#160;carrying</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Accumulated</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">amortization</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Technologies</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,657</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,970</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,157</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,104</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-compete agreements</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,112</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,670</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,062</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,455</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Licenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">650</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">458</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">650</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">441</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer lists</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,923</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,698</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,923</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,327</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer relationships</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,790</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,416</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,690</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,494</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trade names</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,475</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,523</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,475</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,788</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total intangibles</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">85,607</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,735</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,957</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27,609</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total future minimum lease payments consisted of the following at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Total&#160;leases</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In&#160;thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,437</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,245</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,708</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,434</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,359</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,866</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total lease obligations</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,049</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Details of earnings before income taxes are as follows:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Domestic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,407</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,447</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41,022</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,437</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,705</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,890</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,844</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41,152</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,912</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table sets forth the components of net periodic postretirement benefit cost for the years ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Service cost, benefits attributed for service of active employees for the period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">137</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">147</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">130</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest cost on the accumulated postretirement benefit obligation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">257</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">251</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">269</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of prior service (credit) cost</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">53</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">161</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net periodic postretirement benefit cost</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">369</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">451</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">560</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table sets forth the components of net periodic pension cost for the years ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> based on a December&#160;31 measurement date:</font></div><div style="line-height:120%;padding-bottom:6px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Service cost &#8212; benefits earned during the year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest cost on projected benefit obligations</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,711</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,769</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,888</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expected return on plan assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,199</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,151</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,806</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of net loss</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">575</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">656</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">606</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Settlement expense</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,510</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">762</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">858</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net periodic pension cost</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,600</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,040</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">550</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts included in accumulated other comprehensive loss, net of tax, at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> that have not yet been recognized in net periodic benefit cost are as follows:</font></div><div style="line-height:120%;padding-bottom:6px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Pension</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">plans</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Other</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">postretirement</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">benefits</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior service cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(23</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net actuarial loss</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,398</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(339</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes in the Company's warranty and after-sale costs reserve are as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance&#160;at</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">beginning</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Net&#160;additions</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">charged to</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">earnings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Adjustments to pre-existing warranties</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Costs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">incurred&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">at end</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of&#160;year</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,133</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,559</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(554</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,359</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,779</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,739</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,559</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,278</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,443</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,133</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">882</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,255</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">257</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,655</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,739</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Quarter ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;31</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">June&#160;30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">September&#160;30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;31</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands except per share data)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2016</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,570</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">103,820</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">96,273</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">93,098</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross margin</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,011</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,396</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,647</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,522</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net earnings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,990</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,400</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,792</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,113</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per share:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.28</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.33</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.30</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.21</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.28</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.32</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.30</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividends declared</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.10</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.10</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.115</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.115</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stock price:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">High</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.74</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39.36</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37.80</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39.15</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Low</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26.40</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31.72</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31.90</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.30</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter-end close</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33.26</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36.52</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33.51</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36.95</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2015</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">83,644</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98,896</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99,388</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95,770</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross margin</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,075</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,143</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,101</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34,457</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net earnings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,227</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,901</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,327</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,483</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per share:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.15</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.27</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.29</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.19</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.15</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.27</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.29</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.19</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividends declared</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.095</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.095</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.10</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.10</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stock price:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">High</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30.68</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32.94</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32.21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31.00</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Low</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.36</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.33</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.82</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.64</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quarter-end close</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.97</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31.75</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.03</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.30</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Information regarding revenues by geographic area is as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">347,853</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">322,535</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">309,651</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Asia</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,539</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,299</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,647</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Canada</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,587</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,095</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,092</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Europe</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,299</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,036</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,448</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mexico</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,460</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,889</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,941</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Middle East</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,520</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,672</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,221</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,503</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,172</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,768</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">393,761</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">377,698</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">364,768</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Information regarding assets by geographic area is as follows:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-lived assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">53,454</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">53,615</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Europe</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,694</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,676</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mexico</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,046</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,629</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">90,194</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">90,920</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">287,081</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">289,447</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Europe</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,579</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40,813</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mexico</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,039</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,220</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">349,699</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">355,480</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of nonvested shares is determined based on the market price of the shares on the grant date.</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Fair&#160;value</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">per share</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Nonvested at December&#160;31, 2013</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">148,950</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">20.27</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">43,912</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">27.18</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(48,700</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">18.30</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(7,250</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">20.81</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Nonvested at December&#160;31, 2014</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">136,912</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">23.16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">38,386</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">28.33</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(52,150</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">18.08</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,900</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">24.44</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Nonvested at December&#160;31, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">120,248</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">26.99</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">29,268</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">33.98</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Vested</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(40,700</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">25.56</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(3,500</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">29.18</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Nonvested at December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">105,316</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">29.41</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the transactions of the Company&#8217;s stock option plans for the three-year period ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">:</font><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Number&#160;of&#160;shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Weighted-average</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">exercise price</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Options outstanding - December 31, 2013</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">404,756</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19.64</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,916</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.18</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options exercised</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(46,032</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16.29</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Options outstanding - December 31, 2014</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">406,640</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20.90</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,510</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28.33</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options exercised</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(86,538</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.98</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Options outstanding - December 31, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">369,612</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22.35</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,302</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33.98</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options exercised</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(27,656</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20.59</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Options forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">n/a</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Options outstanding - December 31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">384,258</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23.75</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Price range $18.08 &#8212; $18.30</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">(weighted-average contractual life of 5.0 years)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">106,660</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.15</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Price range $18.30 &#8212; $19.35</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">(weighted-average contractual life of 4.1 years)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">119,516</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21.48</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Price range $19.35 &#8212; $33.75</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">(weighted-average contractual life of 7.2 years)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">158,082</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29.25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Options outstanding - December 31, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">384,258</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exercisable options &#8212;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">222,032</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19.84</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">210,940</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20.48</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">242,522</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21.01</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following assumptions were used for valuing options granted in the years ended December&#160;31:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="6" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Per share fair value of options granted during the period</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$13.58</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$11.54</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Risk-free interest rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.42</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.74</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividend yield</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.32</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Volatility factor</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">48.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49.5</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted-average expected life in years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes in the Company's gross liability for unrecognized tax benefits, excluding interest and penalties, were as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at beginning of year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">533</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">846</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Increases in unrecognized tax benefits as a result of positions taken during the prior period</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">88</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Increases in unrecognized tax benefits as a result of positions taken during the current period</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">247</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">166</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Decreases in unrecognized tax benefits relating to settlements with taxing authorities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(347</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(54</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(154</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at end of year</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">814</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">533</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Industry Segment and Geographic Areas</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is an innovator, manufacturer and a marketer of products incorporating flow measurement, control and communication solutions, which comprise </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> reportable segment. The Company manages and evaluates its operations as </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> segment primarily due to similarities in the nature of the products, production processes, customers and methods of distribution.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Information regarding revenues by geographic area is as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">347,853</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">322,535</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">309,651</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Asia</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,539</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,299</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,647</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Canada</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,587</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,095</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,092</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Europe</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,299</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,036</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,448</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mexico</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,460</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,889</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,941</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Middle East</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,520</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,672</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,221</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,503</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,172</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,768</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">393,761</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">377,698</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">364,768</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Information regarding assets by geographic area is as follows:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-lived assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">53,454</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">53,615</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Europe</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,694</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,676</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mexico</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,046</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,629</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">90,194</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">90,920</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">United States</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">287,081</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">289,447</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Europe</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,579</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40,813</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mexico</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,039</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,220</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">349,699</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">355,480</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Stock-Based Compensation Plans</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company has an Omnibus Incentive Plan under which </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1,400,000</font><font style="font-family:inherit;font-size:10pt;"> shares are reserved for restricted stock and stock option grants for employees as well as stock grants for directors as described in Note 5 &#8220;Stock Compensation.&#8221; The plan was originally approved in 2011 and replaced all prior stock-based plans except for shares and options previously issued under those plans.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes the cost of stock-based awards in net earnings for all of its stock-based compensation plans on a straight-line basis over the service period of the awards. The Company estimates the fair value of its option awards using the Black-Scholes option-pricing formula, and records compensation expense for stock options ratably over the stock option grant's vesting period. The Company values restricted stock and stock grants for directors on the closing price of the Company's stock on the day the grant was awarded.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Short-term Debt and Credit Lines</font></div><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> Short-term debt at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> consisted of:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes payable to banks</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,200</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,860</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Commercial paper</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,750</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">65,500</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total short-term debt</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,950</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">71,360</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Included in notes payable to banks at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$4.2 million</font><font style="font-family:inherit;font-size:10pt;"> outstanding under a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">4.0 million</font><font style="font-family:inherit;font-size:10pt;"> Euro-based revolving loan facility that does not expire, and which bore interest at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1.13%</font><font style="font-family:inherit;font-size:10pt;">. Included in notes payable to banks at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$4.4 million</font><font style="font-family:inherit;font-size:10pt;"> outstanding under a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">4.0 million</font><font style="font-family:inherit;font-size:10pt;"> Euro-based revolving loan facility that does not expire, and which bore interest at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1.30%</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company amended its </font><font style="font-family:inherit;font-size:10pt;">May 2012</font><font style="font-family:inherit;font-size:10pt;"> credit agreement with its primary lender to a </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-year </font><font style="font-family:inherit;font-size:10pt;">$120.0 million</font><font style="font-family:inherit;font-size:10pt;"> line of credit that supports commercial paper (up to </font><font style="font-family:inherit;font-size:10pt;">$70.0 million</font><font style="font-family:inherit;font-size:10pt;">) and includes </font><font style="font-family:inherit;font-size:10pt;">$5.0 million</font><font style="font-family:inherit;font-size:10pt;"> of a Euro line of credit. Borrowings of commercial paper bore interest at </font><font style="font-family:inherit;font-size:10pt;">1.49%</font><font style="font-family:inherit;font-size:10pt;"> in </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">1.25%</font><font style="font-family:inherit;font-size:10pt;"> in </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">. Under the principal line of credit, the Company had </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$91.3 million</font><font style="font-family:inherit;font-size:10pt;"> of unused credit lines available out of the total of </font><font style="font-family:inherit;font-size:10pt;">$94.3 million</font><font style="font-family:inherit;font-size:10pt;"> available short-term credit lines at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. While the facility is unsecured, there are a number of financial covenants with which the Company must comply, and the Company was in compliance as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Summary of Significant Accounting Policies</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Profile</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Badger Meter is an innovator in flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial customers worldwide. The Company&#8217;s products measure water, oil, chemicals and other fluids, and are known for accuracy, long-lasting durability and for providing and communicating valuable and timely measurement data. The Company&#8217;s product lines fall into </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> categories: sales of water meters and related technologies to municipal water utilities (municipal water) and sales of meters to various industries for water and other fluids (flow instrumentation). The Company estimates that over </font><font style="font-family:inherit;font-size:10pt;">85%</font><font style="font-family:inherit;font-size:10pt;"> of its products are used in water applications when both categories are grouped together.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Municipal water, the largest category by sales volume, includes mechanical and ultrasonic (electronic) water meters and related technologies and services used by municipal water utilities as the basis for generating water and wastewater revenues. The key market for the Company&#8217;s municipal water meter products is North America, primarily the United States, because most of the Company's meters are designed and manufactured to conform to standards promulgated by the American Water Works Association. The majority of water meters sold by the Company continue to be mechanical in nature. In recent years, the Company has made inroads in selling ultrasonic water meters. The development of smaller diameter ultrasonic water meters combined with advanced radio technology now provides the Company with the opportunity to sell into other geographical markets, for example Europe, the Middle East and South America. In the municipal water category, sales of water meters and related technologies and services are also commonly referred to as residential or commercial water meter sales, the latter referring to larger sizes of water meters.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Flow instrumentation includes meters and valves sold worldwide to measure and control materials flowing through a pipe or pipeline including water, air, steam, oil, and other liquids and gases. These products are used in a variety of applications, primarily into the following industries: water/wastewater; heating, ventilating and air conditioning (HVAC); oil and gas; chemical and petrochemical; test and measurement; automotive aftermarket; and the concrete construction process. Furthermore, the Company&#8217;s flow instrumentation technologies are sold to original equipment manufacturers as the primary flow measurement device within a product or system.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Consolidation</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany transactions have been eliminated in consolidation. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Receivables</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receivables consist primarily of trade receivables. The Company does not require collateral or other security and evaluates the collectability of its receivables based on a number of factors. An allowance for doubtful accounts is recorded for significant past due receivable balances based on a review of the past due items and the customer's ability and likelihood to pay, as well as applying a historical write-off ratio to the remaining balances. Changes in the Company's allowance for doubtful accounts are as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance&#160;at</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">beginning</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Provision</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">and reserve</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">adjustments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Write-offs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">less</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">recoveries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">at end</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of year</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">477</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(54</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">425</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">811</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(152</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(182</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">477</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">531</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">305</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(25</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">811</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Inventories</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Inventories are valued at the lower of cost or market. Cost is determined using the first-in, first-out method. The Company estimates and records provisions for obsolete inventories. Changes to the Company's obsolete inventories reserve are as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance&#160;at</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">beginning</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Net&#160;additions</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">charged to</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">earnings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Disposals</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">at end</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of year</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,836</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,214</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,639</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,314</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,530</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,008</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,836</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,236</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">974</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,896</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,314</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Property, Plant and Equipment</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property, plant and equipment are stated at cost. Depreciation is provided over the estimated useful lives of the respective assets by the straight-line method. The estimated useful lives of assets are: for land improvements, </font><font style="font-family:inherit;font-size:10pt;">15 years</font><font style="font-family:inherit;font-size:10pt;">; for buildings and improvements, </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">39 years</font><font style="font-family:inherit;font-size:10pt;">; and for machinery and equipment, </font><font style="font-family:inherit;font-size:10pt;">3</font><font style="font-family:inherit;font-size:10pt;">&#160;to </font><font style="font-family:inherit;font-size:10pt;">20 years</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Capitalized Software and Hardware</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Capitalized internal use software and hardware included in prepaid expenses and other current assets in the Consolidated Balance Sheets were </font><font style="font-family:inherit;font-size:10pt;">$2.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.0 million</font><font style="font-family:inherit;font-size:10pt;"> at December 31, 2016 and 2015, respectively. In addition, there was </font><font style="font-family:inherit;font-size:10pt;">$3.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$5.0 million</font><font style="font-family:inherit;font-size:10pt;"> at December 31, 2016 and 2015, respectively, included in other assets in the Consolidated Balance Sheets. These amounts are amortized on a straight-line basis over the estimated useful lives of the software and/or hardware, ranging from </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">1</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">5</font><font style="font-family:inherit;font-size:10pt;"> years. Amortization expense recognized for the years ending December 31, 2016, 2015 and 2014 was </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$3.1 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$2.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$1.4 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Long-Lived Assets</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property, plant and equipment and identifiable intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If the sum of the expected undiscounted cash flows is less than the carrying value of the related asset or group of assets, a loss is recognized for the difference between the fair value and carrying value of the asset or group of assets. No adjustments were recorded as a result of these reviews during 2016, 2015 and 2014.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Intangible Assets</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangible assets are amortized on a straight-line basis over their estimated useful lives, ranging from </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">5</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">20 years</font><font style="font-family:inherit;font-size:10pt;">. The Company does not have any intangible assets deemed to have indefinite lives. Amortization expense recognized for 2016 and 2015 was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$6.1 million</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$5.5 million</font><font style="font-family:inherit;font-size:10pt;"> in 2014. Amortization expense expected to be recognized is </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$6.1 million</font><font style="font-family:inherit;font-size:10pt;"> in 2017, </font><font style="font-family:inherit;font-size:10pt;">$5.9 million</font><font style="font-family:inherit;font-size:10pt;"> in each year of 2018 through 2020, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$5.8 million</font><font style="font-family:inherit;font-size:10pt;"> in 2021, and </font><font style="font-family:inherit;font-size:10pt;">$22.2 million</font><font style="font-family:inherit;font-size:10pt;"> thereafter. The carrying value and accumulated amortization by major class of intangible assets are as follows: </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:49%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December 31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December 31, 2015</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Gross&#160;carrying</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Accumulated</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">amortization</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Gross&#160;carrying</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Accumulated</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">amortization</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="15" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Technologies</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,657</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,970</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,157</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,104</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-compete agreements</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,112</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,670</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,062</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,455</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Licenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">650</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">458</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">650</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">441</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer lists</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,923</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,698</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,923</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,327</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer relationships</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,790</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,416</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,690</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,494</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trade names</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,475</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,523</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,475</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,788</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total intangibles</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">85,607</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,735</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,957</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27,609</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Goodwill</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill is tested for impairment annually during the fourth fiscal quarter or more frequently if an event indicates that the goodwill might be impaired. Potential impairment is identified by comparing the fair value of a reporting unit with its carrying value. No adjustments were recorded to goodwill as a result of these reviews during </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$49.3 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$48.0 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$47.7 million</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">, respectively. The increases resulted from the asset purchase of Nice Instrumentation of Manalapan Township, New Jersey in 2016 and the asset purchase of United Utilities Inc. of Smyrna, Tennessee in 2015. These acquisitions are further described in Note 3 &#8220;Acquisitions.&#8221; </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues are generally recognized upon shipment of product, which corresponds with the transfer of title. The costs of shipping are generally billed to the customer upon shipment and are included in cost of sales. A small portion of the Company's sales includes shipments of products combined with services, such as meters sold with installation. The product and installation components of these multiple deliverable arrangements are considered separate units of accounting. The value of these separate units of accounting is determined based on their relative fair values determined on a stand-alone basis. Revenue is generally recognized when the last element of the multiple deliverable is delivered, which corresponds with installation and acceptance by the customer. The Company also sells a small number of extended support service agreements on certain products for the period subsequent to the normal support service provided with the original product sale. Revenue is recognized over the service agreement period, which is generally </font><font style="font-family:inherit;font-size:10pt;">one year</font><font style="font-family:inherit;font-size:10pt;">. In 2014, the company began offering software as a service with its BEACON AMA product and revenue for this service is recognized on a monthly basis as the service is performed.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Warranty and After-Sale Costs</font></div><div style="line-height:120%;text-indent:96px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company estimates and records provisions for warranties and other after-sale costs in the period in which the sale is recorded, based on a lag factor and historical warranty claim experience. After-sale costs represent a variety of activities outside of the written warranty policy, such as investigation of unanticipated problems after the customer has installed the product, or analysis of water quality issues. Changes in the Company's warranty and after-sale costs reserve are as follows:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance&#160;at</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">beginning</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Net&#160;additions</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">charged to</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">earnings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Adjustments to pre-existing warranties</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Costs</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">incurred&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Balance</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">at end</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">of&#160;year</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,133</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,559</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(554</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,359</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,779</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,739</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,559</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,278</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,443</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,133</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">882</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,255</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">257</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,655</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,739</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Research and Development</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Research and development costs are charged to expense as incurred and amounted to </font><font style="font-family:inherit;font-size:10pt;">$10.6 million</font><font style="font-family:inherit;font-size:10pt;"> in both 2016 and 2015 and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$9.5 million</font><font style="font-family:inherit;font-size:10pt;"> in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Stock-Based Compensation Plans</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company has an Omnibus Incentive Plan under which </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1,400,000</font><font style="font-family:inherit;font-size:10pt;"> shares are reserved for restricted stock and stock option grants for employees as well as stock grants for directors as described in Note 5 &#8220;Stock Compensation.&#8221; The plan was originally approved in 2011 and replaced all prior stock-based plans except for shares and options previously issued under those plans.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes the cost of stock-based awards in net earnings for all of its stock-based compensation plans on a straight-line basis over the service period of the awards. The Company estimates the fair value of its option awards using the Black-Scholes option-pricing formula, and records compensation expense for stock options ratably over the stock option grant's vesting period. The Company values restricted stock and stock grants for directors on the closing price of the Company's stock on the day the grant was awarded. Total stock compensation expense recognized by the Company was </font><font style="font-family:inherit;font-size:10pt;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, $</font><font style="font-family:inherit;font-size:10pt;">1.5 million</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> and $</font><font style="font-family:inherit;font-size:10pt;">1.4 million</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Healthcare</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company estimates and records provisions for healthcare claims incurred but not reported, based on medical cost trend analysis, reviews of subsequent payments made and estimates of unbilled amounts.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accumulated Other Comprehensive Loss</font></div><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Components of accumulated other comprehensive loss at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> are as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:58%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Pension and postretirement benefits</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Foreign currency</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at beginning of period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,968</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(812</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,780</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other comprehensive income before reclassifications</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(328</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(328</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Amounts reclassified from accumulated other comprehensive loss, net of tax of $(1.0) million</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,473</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,473</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net current period other comprehensive loss (income), net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,473</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(328</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,145</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated other comprehensive loss</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,495</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,140</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,635</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Details of reclassifications out of accumulated other comprehensive loss during </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> are as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:97.6608187134503%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:86%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amount reclassified from accumulated other comprehensive loss</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of employee benefit plan items:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior service cost (1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(25</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Settlement expense (1)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,510</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actuarial loss (1)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,007</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total before tax</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,492</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax benefit</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,019</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount reclassified out of accumulated other comprehensive loss</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,473</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:29px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:-2px;"><font style="font-family:inherit;font-size:10pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These accumulated other comprehensive loss components are included in the computation of benefit plan costs in Note 7 &#8220;Employee Benefit Plans.&#8221;</font></div></td></tr></table><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Components of accumulated other comprehensive loss at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> are as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:56%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Pension and postretirement benefits</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Foreign currency</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at beginning of period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,891</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,856</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other comprehensive income before reclassifications</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,317</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(847</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,164</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;">Amounts reclassified from accumulated other comprehensive loss, net of tax of $(0.7) million</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,240</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,240</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net current period other comprehensive income, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(77</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(847</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(924</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated other comprehensive loss</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,968</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(812</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,780</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Details of reclassifications out of accumulated other comprehensive loss during </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> are as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:66.47173489278752%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:79%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amount reclassified from accumulated other comprehensive loss</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In thousands)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of employee benefit plan items:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior service cost (1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">53</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Settlement expense (1)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">762</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actuarial loss (1)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,153</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total before tax</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,968</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax benefit</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(728</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount reclassified out of accumulated other comprehensive loss</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,240</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:29px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:-2px;"><font style="font-family:inherit;font-size:10pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These accumulated other comprehensive loss components are included in the computation of benefit plan costs in Note 7 &#8220;Employee Benefit Plans.&#8221;</font></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fair Value Measurements of Financial Instruments</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The carrying amounts of cash, receivables and payables in the financial statements approximate their fair values due to the short-term nature of these financial instruments. Short-term debt is comprised of notes payable drawn against the Company's lines of credit and commercial paper. Because of its short-term nature, the carrying amount of the short-term debt also approximates fair value. Included in other assets are insurance policies on various individuals who were associated with the Company. The carrying amounts of these insurance policies approximate their fair value.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Subsequent Events</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company evaluates subsequent events at the date of the balance sheet as well as conditions that arise after the balance sheet date but before the financial statements are issued. The effects of conditions that existed at the balance sheet date are recognized in the financial statements. Events and conditions arising after the balance sheet date but before the financial statements are issued are evaluated to determine if disclosure is required to keep the financial statements from being misleading. To the extent such events and conditions exist, if any, disclosures are made regarding the nature of events and the estimated financial effects for those events and conditions. For purposes of preparing the accompanying consolidated financial statements and the notes to these financial statements, the Company evaluated subsequent events through the date the accompanying financial statements were issued.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">New Pronouncements</font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2016-02 "Leases (Topic 842)," which requires lessees to record most leases on their balance sheets. Lessees initially recognize a lease liability (measured at the present value of the lease payments over the lease term) and a right-of-use ("ROU") asset (measured at the lease liability amount, adjusted for lease prepayments, lease incentives received and the lessee's initial direct costs). Lessees can make an accounting policy election not to recognize ROU assets and lease liabilities for leases with a lease term of 12 months or less as long as the leases do not include options to purchase the underlying assets that the lessee is reasonably certain to exercise. For lessors, the guidance modifies the classification criteria and the accounting for sales-type and direct financing leases. The ASU is effective for fiscal years beginning after December 15, 2018. Early adoption is permitted for all entities. The ASU is effective for the Company beginning on January 1, 2019 and the standard requires the use of a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. Full retrospective application is prohibited. The Company is continuing to evaluate the impact that the adoption of this guidance will have on its financial condition, results of operations and the presentation of its financial statements.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2015, the FASB issued ASU 2015-11 "Simplifying the Measurement of Inventory (Topic 330)," which requires entities to measure inventories at the lower of cost or net realizable value ("NRV"). This simplifies the evaluation from the current method of lower of cost or market, where market is based on one of three measures (i.e. replacement cost, net realizable value, or net realizable value less a normal profit margin). The ASU does not apply to inventories measured under the last-in, first-out method or the retail inventory method, and defines NRV as the "estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation." The ASU is effective on a prospective basis for the Company beginning on January 1, 2017, with early adoption permitted. The adoption of ASU 2015-11 will not have a material impact on the Company's financial condition or results of operations.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued accounting standards update number 2014-09 &#8220;Revenue from Contracts with Customers.&#8221; ASU 2014-09 provides a single principles-based, five-step model to be applied to all contracts with customers. The five steps are to identify the contract(s) with the customer, to identify the performance obligations in the contract, to determine the transaction price, to allocate the transaction price to the performance obligations in the contract and to recognize revenue when each performance obligation is satisfied. Revenue will be recognized when promised goods or services are transferred to the customer in an amount that reflects the consideration expected in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. During 2016, the FASB issued additional ASU&#8217;s which enhanced the originally issued guidance. These ASU&#8217;s encompassed narrow scope improvements and practical expedients along with providing further clarification on the accounting for intellectual property licenses, principal versus agent considerations and identifying performance obligations. </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has substantially completed the assessment phase for ASU 2014-09 and is currently documenting formal policies in anticipation of adopting the standard on January 1, 2018. The Company has identified a subset of contracts with customers where services are provided that are both uniquely beneficial and separately identifiable from product sales and thus are considered separate performance obligations under the new guidance. Each of these individual service activities is being documented in scenario development and processes are being established to recognize revenue for each unique performance obligation in accordance with the guidance, when effective. The Company continues to proactively address all potential areas of impact related to ASU 2014-09. To date, the Company has not identified any specific aspect of the new standard that it believes would significantly change the Company&#8217;s financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (modified retrospective method). The Company currently anticipates adopting the standard using the modified retrospective method.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Warranty and After-Sale Costs</font></div><div style="line-height:120%;text-indent:96px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company estimates and records provisions for warranties and other after-sale costs in the period in which the sale is recorded, based on a lag factor and historical warranty claim experience. After-sale costs represent a variety of activities outside of the written warranty policy, such as investigation of unanticipated problems after the customer has installed the product, or analysis of water quality issues. </font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Common Stock</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Common Stock and Rights Agreement</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;">The Company has Common Stock and also Common Share Purchase Rights that trade with the Common Stock. The Common Share Purchase Rights were issued pursuant to the shareholder rights plan discussed below.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February&#160;15, 2008, the Board of Directors of the Company adopted a shareholder rights plan and declared a dividend of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> Common Share Purchase Right for each outstanding share of Common Stock of the Company payable to the shareholders of record on May&#160;26, 2008. The plan was effective as of May&#160;27, 2008. Each right entitles the registered holder to purchase from the Company </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> share of Common Stock at a price of </font><font style="font-family:inherit;font-size:10pt;">$100.00</font><font style="font-family:inherit;font-size:10pt;"> per share, subject to adjustment. Subject to certain conditions, the rights are redeemable by the Company and are exchangeable for shares of Common Stock at a favorable price. The rights have no voting power and unless the rights are redeemed, exchanged or terminated earlier, they will expire on May&#160;26, 2018. The rights are an embedded feature of the Company&#8217;s Common Stock and not a free-standing instrument, and therefore, do not require separate accounting treatment.</font></div><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;">On August 12, 2016, the Company announced a </font><font style="font-family:inherit;font-size:10pt;">2</font><font style="font-family:inherit;font-size:10pt;">-for-1 stock split in the form of a </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> stock dividend payable on September 15, 2016 to shareholders of record at the close of business on August 31, 2016. In this report, all per share amounts and number of shares have been restated to reflect the stock split for all periods presented except for the total authorized shares which was </font><font style="font-family:inherit;font-size:10pt;">40</font><font style="font-family:inherit;font-size:10pt;"> million both before and after the stock split. </font></div><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Stock Options</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stock options to purchase </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">91,330</font><font style="font-family:inherit;font-size:10pt;"> shares of the Company's Stock in </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">95,144</font><font style="font-family:inherit;font-size:10pt;"> shares in </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">94,134</font><font style="font-family:inherit;font-size:10pt;"> shares in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> were not included in the computation of dilutive securities because their inclusion would have been anti-dilutive.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Subsequent Events</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company evaluates subsequent events at the date of the balance sheet as well as conditions that arise after the balance sheet date but before the financial statements are issued. The effects of conditions that existed at the balance sheet date are recognized in the financial statements. Events and conditions arising after the balance sheet date but before the financial statements are issued are evaluated to determine if disclosure is required to keep the financial statements from being misleading. To the extent such events and conditions exist, if any, disclosures are made regarding the nature of events and the estimated financial effects for those events and conditions. For purposes of preparing the accompanying consolidated financial statements and the notes to these financial statements, the Company evaluated subsequent events through the date the accompanying financial statements were issued.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value. EX-101.SCH 9 bmi-20161231.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2103100 - Disclosure - Acquisitions link:presentationLink link:calculationLink link:definitionLink 2403401 - Disclosure - Acquisitions (Details) link:presentationLink link:calculationLink link:definitionLink 2106100 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 2406403 - Disclosure - Commitments and Contingencies - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2406402 - Disclosure - Commitments and Contingencies - Schedule of Future Minimum Lease Payments (Details) link:presentationLink link:calculationLink link:definitionLink 2306301 - Disclosure - Commitments and Contingencies (Tables) link:presentationLink link:calculationLink link:definitionLink 2102100 - Disclosure - Common Stock link:presentationLink link:calculationLink link:definitionLink 2402401 - Disclosure - Common Stock (Details) link:presentationLink link:calculationLink link:definitionLink 1001000 - Statement - Consolidated Balance Sheets link:presentationLink link:calculationLink link:definitionLink 1001501 - Statement - Consolidated Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 1004000 - Statement - Consolidated Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 1003000 - Statement - Consolidated Statements of Comprehensive Income link:presentationLink link:calculationLink link:definitionLink 1002000 - Statement - Consolidated Statements of Operations link:presentationLink link:calculationLink link:definitionLink 1006000 - Statement - Consolidated Statements of Shareholders' Equity link:presentationLink link:calculationLink link:definitionLink 1006501 - Statement - Consolidated Statements of Shareholders' Equity (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 0001000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 2107100 - Disclosure - Employee Benefit Plans link:presentationLink link:calculationLink link:definitionLink 2407412 - Disclosure - Employee Benefit Plans - Badger Meter Employee Savings and Stock Ownership Plan (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2407404 - Disclosure - Employee Benefit Plans - Components of Net Periodic Pension/Postretirement Benefit Cost (Details) link:presentationLink link:calculationLink link:definitionLink 2407410 - Disclosure - Employee Benefit Plans - Other Postretirement Benefits (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2407408 - Disclosure - Employee Benefit Plans - Qualified Pension Plan (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2407406 - Disclosure - Employee Benefit Plans - Reconciliation of Benefit Obligations, Plan Assets and Funded Status (Details) link:presentationLink link:calculationLink link:definitionLink 2407405 - Disclosure - Employee Benefit Plans - Schedule of Actuarial Assumptions (Details) link:presentationLink link:calculationLink link:definitionLink 2407403 - Disclosure - Employee Benefit Plans - Schedule of Amounts Expected to be Recognized in Net Periodic Benefit Cost (Details) link:presentationLink link:calculationLink link:definitionLink 2407402 - Disclosure - Employee Benefit Plans - Schedule of Amounts Not Yet Recognized In Net Periodic Benefit Cost (Details) link:presentationLink link:calculationLink link:definitionLink 2407411 - Disclosure - Employee Benefit Plans - Schedule of Amounts Recognized in Consolidated Balance Sheets (Details) link:presentationLink link:calculationLink link:definitionLink 2407407 - Disclosure - Employee Benefit Plans - Schedule of Fair Value of Qualified Pension Plan Assets (Details) link:presentationLink link:calculationLink link:definitionLink 2407409 - Disclosure - Employee Benefit Plans - Supplemental Non-qualified Unfunded Plans (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2307301 - Disclosure - Employee Benefit Plans (Tables) link:presentationLink link:calculationLink link:definitionLink 2108100 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 2408405 - Disclosure - Income Taxes - Components of Deferred Income Taxes (Details) link:presentationLink link:calculationLink link:definitionLink 2408402 - Disclosure - Income Taxes - Details of Earnings Before Income Taxes (Details) link:presentationLink link:calculationLink link:definitionLink 2408406 - Disclosure - Income Taxes - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2408404 - Disclosure - Income Taxes - Reconciliation of Provision for Income Taxes (Details) link:presentationLink link:calculationLink link:definitionLink 2408407 - Disclosure - Income Taxes - Schedule of Changes in Gross Liability for Unrecognized Tax Benefits (Details) link:presentationLink link:calculationLink link:definitionLink 2408403 - Disclosure - Income Taxes - Schedule of Provision (Benefit) for Income Taxes (Details) link:presentationLink link:calculationLink link:definitionLink 2308301 - Disclosure - Income Taxes (Tables) link:presentationLink link:calculationLink link:definitionLink 2110100 - Disclosure - Industry Segment and Geographic Areas link:presentationLink link:calculationLink link:definitionLink 2410402 - Disclosure - Industry Segment and Geographic Areas (Details) link:presentationLink link:calculationLink link:definitionLink 2310301 - Disclosure - Industry Segment and Geographic Areas (Tables) link:presentationLink link:calculationLink link:definitionLink 2109100 - Disclosure - Long-Term Debt link:presentationLink link:calculationLink link:definitionLink 2409401 - Disclosure - Long-Term Debt (Details) link:presentationLink link:calculationLink link:definitionLink 2104100 - Disclosure - Short-term Debt and Credit Lines link:presentationLink link:calculationLink link:definitionLink 2404403 - Disclosure - Short-term Debt and Credit Lines - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2404402 - Disclosure - Short-term Debt and Credit Lines - Schedule of Short-Term Debt (Details) link:presentationLink link:calculationLink link:definitionLink 2304301 - Disclosure - Short-term Debt and Credit Lines (Tables) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - Stock Compensation link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - Stock Compensation - Additional Information (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2405405 - Disclosure - Stock Compensation - Assumptions Used for Valuing Options Granted (Details) link:presentationLink link:calculationLink link:definitionLink 2405407 - Disclosure - Stock Compensation - Director Stock Grant (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2405408 - Disclosure - Stock Compensation - Restricted Stock (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2405409 - Disclosure - Stock Compensation - Schedule of Fair Value of Nonvested Shares (Details) link:presentationLink link:calculationLink link:definitionLink 2405403 - Disclosure - Stock Compensation - Stock Options (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2405406 - Disclosure - Stock Compensation - Summary of Aggregate Intrinsic Value Related to Options (Details) link:presentationLink link:calculationLink link:definitionLink 2405404 - Disclosure - Stock Compensation - Summary of Transactions of Stock Option Plans (Details) link:presentationLink link:calculationLink link:definitionLink 2305301 - Disclosure - Stock Compensation (Tables) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 2401407 - Disclosure - Summary of Significant Accounting Policies - Capitalized Software and Hardware (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2401410 - Disclosure - Summary of Significant Accounting Policies - Goodwill (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2401408 - Disclosure - Summary of Significant Accounting Policies - Intangible Assets (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2201201 - Disclosure - Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 2401403 - Disclosure - Summary of Significant Accounting Policies - Profile (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2401406 - Disclosure - Summary of Significant Accounting Policies - Property, Plant and Equipment (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2401413 - Disclosure - Summary of Significant Accounting Policies - Research and Development (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2401411 - Disclosure - Summary of Significant Accounting Policies - Revenue Recognition (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2401409 - Disclosure - Summary of Significant Accounting Policies - Schedule of Carrying Value and Accumulated Amortization of Intangible Assets (Details) link:presentationLink link:calculationLink link:definitionLink 2401404 - Disclosure - Summary of Significant Accounting Policies - Schedule of Changes in Allowance for Doubtful Accounts (Details) link:presentationLink link:calculationLink link:definitionLink 2401412 - Disclosure - Summary of Significant Accounting Policies - Schedule of Changes in Warranty and After-Sale Costs Reserve (Details) link:presentationLink link:calculationLink link:definitionLink 2401405 - Disclosure - Summary of Significant Accounting Policies - Schedule of Changes to Obsolete Inventories Reserve (Details) link:presentationLink link:calculationLink link:definitionLink 2401415 - Disclosure - Summary of Significant Accounting Policies - Schedule of Components of Accumulated Other Comprehensive Loss (Details) link:presentationLink link:calculationLink link:definitionLink 2401416 - Disclosure - Summary of Significant Accounting Policies - Schedule of Reclassifications Out of Accumulated Other Comprehensive Loss (Details) link:presentationLink link:calculationLink link:definitionLink 2401414 - Disclosure - Summary of Significant Accounting Policies - Stock-Based Compensation Plans (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2301302 - Disclosure - Summary of Significant Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink 2111100 - Disclosure - Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends link:presentationLink link:calculationLink link:definitionLink 2411402 - Disclosure - Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends (Details) link:presentationLink link:calculationLink link:definitionLink 2311301 - Disclosure - Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends (Tables) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 10 bmi-20161231_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 11 bmi-20161231_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 12 bmi-20161231_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Compensation and Retirement Disclosure [Abstract] Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Table] Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Table] Defined Benefit Plans and Other Postretirement Benefit Plans [Axis] Defined Benefit Plans and Other Postretirement Benefit Plans [Axis] Defined Benefit Plan and Other Postretirement Benefit Plan [Domain] Defined Benefit Plan and Other Postretirement Benefit Plan [Domain] Pension plans Pension Plan [Member] Other postretirement benefits Other Postretirement Benefit Plan [Member] Defined Benefit Plans and Other Postretirement Benefit Plans Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] Change in benefit obligation: Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] Benefit obligation at beginning of year Defined Benefit Plan, Benefit Obligation Service cost Defined Benefit Plan, Service Cost Interest cost Defined Benefit Plan, Interest Cost Actuarial loss/(gain) Defined Benefit Plan, Actuarial Gain (Loss) Plan participants' contributions Defined Benefit Plan, Contributions by Plan Participants Benefits paid Defined Benefit Plan, Benefits Paid Benefit obligation and funded status at end of year Change in plan assets: Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] Fair value of plan assets at beginning of plan year Defined Benefit Plan, Fair Value of Plan Assets Actual return on plan assets Defined Benefit Plan, Actual Return on Plan Assets Company contribution Defined Benefit Plan, Contributions by Employer Fair value of plan assets at measurement date Funded status of the plan Defined Benefit Plan, Funded Status of Plan Prepaid pension asset Defined Benefit Plan, Assets for Plan Benefits Accrued pension liability Pension and Other Postretirement Defined Benefit Plans, Liabilities Net periodic pension cost, Discount rate (as a percent) Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate Expected long-term return on plan assets (as a percent) Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets Benefit obligation, Discount rate (as a percent) Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate Debt Disclosure [Abstract] Short-term Debt and Credit Lines Short-term Debt [Text Block] Business Combinations [Abstract] Acquisitions Business Combination Disclosure [Text Block] Disclosure of Compensation Related Costs, Share-based Payments [Abstract] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Plan Name [Axis] Plan Name [Axis] Plan Name [Domain] Plan Name [Domain] Omnibus Incentive Plan Omnibus Incentive Plan [Member] Omnibus Incentive Plan [Member] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Exercised Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value Outstanding Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value Exercisable Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value Award Type [Axis] Award Type [Axis] Equity Award [Domain] Equity Award [Domain] Stock Options Employee Stock Option [Member] Per share fair value of options granted during the period (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value Risk-free interest rate Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate Dividend yield (as a percentage) Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate Volatility factor (as a percentage) Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate Weighted-average expected life in years Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term Schedule of Defined Benefit Plans Disclosures [Table] Schedule of Defined Benefit Plans Disclosures [Table] Defined Benefit Plan Disclosure [Line Items] Defined Benefit Plan Disclosure [Line Items] Service cost — benefits earned during the year Interest cost on projected benefit obligations Amortization of prior service (credit) cost Defined Benefit Plan, Amortization of Prior Service Cost (Credit) Expected return on plan assets Defined Benefit Plan, Expected Return on Plan Assets Amortization of net loss Defined Benefit Plan, Amortization of Gains (Losses) Settlement expense Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements Net periodic pension/postretirement benefit cost Defined Benefit Plan, Net Periodic Benefit Cost Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Commitments and Contingencies Disclosure [Text Block] Quarterly Financial Information Disclosure [Abstract] Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends Quarterly Financial Information [Text Block] Accounting Policies [Abstract] Consolidation Consolidation, Policy [Policy Text Block] Receivables Receivables, Policy [Policy Text Block] Inventories Inventory, Policy [Policy Text Block] Property, Plant and Equipment Property, Plant and Equipment, Policy [Policy Text Block] Capitalized Software and Hardware Internal Use Software, Policy [Policy Text Block] Long-Lived Assets Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] Intangible Assets Intangible Assets, Finite-Lived, Policy [Policy Text Block] Goodwill Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block] Revenue Recognition Revenue Recognition, Policy [Policy Text Block] Warranty and After-Sale Costs Standard Product Warranty, Policy [Policy Text Block] Research and Development Research and Development Expense, Policy [Policy Text Block] Stock-Based Compensation Plans Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] Healthcare Health Care Costs, Policy [Policy Text Block] Use of Estimates Use of Estimates, Policy [Policy Text Block] Fair Value Measurements of Financial Instruments Fair Value of Financial Instruments, Policy [Policy Text Block] Subsequent Events Subsequent Events, Policy [Policy Text Block] New Pronouncements New Accounting Pronouncements, Policy [Policy Text Block] Prior service cost Accumulated Other Comprehensive Income (Loss), Pension and OTher Postretirement Benefit Plans, Net of Tax, Net Prior Service Cost Accumulated Other Comprehensive Income (Loss), Pension and OTher Postretirement Benefit Plans, Net of Tax, Net Prior Service Cost Net actuarial loss Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax, Actuarial Gain (Loss) Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax, Actuarial Gain (Loss) Statement of Cash Flows [Abstract] Operating activities: Net Cash Provided by (Used in) Operating Activities [Abstract] Net earnings Net Income (Loss) Attributable to Parent Adjustments to reconcile net earnings to net cash provided by operations: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Depreciation Depreciation Amortization Amortization Deferred income taxes Deferred Income Tax Expense (Benefit) Contributions to pension plan Pension Contributions Noncurrent employee benefits Pension and Other Postretirement Benefit Expense Stock-based compensation expense Share-based Compensation Changes in: Increase (Decrease) in Operating Capital [Abstract] Receivables Increase (Decrease) in Accounts Receivable Inventories Increase (Decrease) in Inventories Prepaid expenses and other current assets Increase (Decrease) in Prepaid Expense and Other Assets Liabilities other than debt Increase (Decrease) in Operating Liabilities Total adjustments Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities Net cash provided by operations Net Cash Provided by (Used in) Operating Activities Investing activities: Net Cash Provided by (Used in) Investing Activities [Abstract] Property, plant and equipment additions Payments to Acquire Property, Plant, and Equipment Acquisitions, net of cash acquired Payments to Acquire Businesses, Net of Cash Acquired Net cash used for investing activities Net Cash Provided by (Used in) Investing Activities Financing activities: Net Cash Provided by (Used in) Financing Activities [Abstract] Net (decrease) increase in short-term debt Proceeds from (Repayments of) Short-term Debt Dividends paid Payments of Ordinary Dividends, Common Stock Proceeds from exercise of stock options Proceeds from Stock Options Exercised Tax benefit on stock options Excess Tax Benefit from Share-based Compensation, Financing Activities Issuance of treasury stock Proceeds from Sale of Treasury Stock Net cash used for financing activities Net Cash Provided by (Used in) Financing Activities Effect of foreign exchange rates on cash Effect of Exchange Rate on Cash and Cash Equivalents (Decrease) Increase in cash Cash and Cash Equivalents, Period Increase (Decrease) Cash — beginning of year Cash Cash — end of year Cash paid during the year for: Supplemental Cash Flow Information [Abstract] Income taxes Income Taxes Paid Interest Interest Paid Non cash transaction: Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] Settlement of National Meter and Automation, Inc. payables prior to the acquisition Noncash or Part Noncash Acquisition, Debt Assumed Settlement of United Utilities, Inc. payables prior to the acquisition Noncash or Part Noncash Acquisition, Payables Assumed Line of Credit Facility Line of Credit Facility [Table] Credit Facility Credit Facility [Axis] Credit Facility Credit Facility [Domain] Revolving Credit Facility Revolving Credit Facility [Member] Debt Instrument Debt Instrument [Axis] Debt Instrument, Name Debt Instrument, Name [Domain] Euro-Based Revolving Loan Facility Euro-Based Revolving Loan Facility [Member] Euro-Based Revolving Loan Facility [Member] Line of Credit Line of Credit [Member] Long-term Debt, Type [Axis] Long-term Debt, Type [Axis] Long-term Debt, Type [Domain] Long-term Debt, Type [Domain] Foreign Line of Credit Foreign Line of Credit [Member] Line of Credit Facility Line of Credit Facility [Line Items] Revolving loan facility Long-term Line of Credit Maximum borrowing capacity Line of Credit Facility, Maximum Borrowing Capacity Interest rate (as a percent) Line of Credit Facility, Interest Rate at Period End Line of credit period Line of Credit Period Line of Credit Period Maximum amount issuable Commercial Paper, Maximum Amount Issuable Commercial Paper, Maximum Amount Issuable Unused credit lines available Line of Credit Facility, Current Borrowing Capacity Equity [Abstract] Common Stock Stockholders' Equity Note Disclosure [Text Block] Discount rate used to measure net periodic benefit cost Discount rate used to measure accumulated postretirement benefit obligation Estimated future benefit payments 2017 Defined Benefit Plan, Expected Future Benefit Payments, Next Twelve Months Estimated future benefit payments 2018 Defined Benefit Plan, Expected Future Benefit Payments, Year Two Estimated future benefit payments 2019 Defined Benefit Plan, Expected Future Benefit Payments, Year Three Estimated future benefit payments 2020 Defined Benefit Plan, Expected Future Benefit Payments, Year Four Estimated future benefit payments 2021 Defined Benefit Plan, Expected Future Benefit Payments, Year Five Estimated future benefit payments, five years thereafter Defined Benefit Plan, Expected Future Benefit Payments, Five Fiscal Years Thereafter Statement of Comprehensive Income [Abstract] Net earnings Other comprehensive income : Other Comprehensive Income (Loss), Net of Tax [Abstract] Foreign currency translation adjustment Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent Pension and postretirement benefits, net of tax Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax, Portion Attributable to Parent Comprehensive income Comprehensive Income (Loss), Net of Tax, Attributable to Parent Restricted Stock Restricted Stock [Member] Shares Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward] Beginning Balance (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number Granted (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period Vested (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period Forfeited (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period Ending Balance (in shares) Fair value per share Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract] Beginning balance (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value Granted (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value Vested (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value Forfeited (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value Ending balance (in dollars per share) Statement of Stockholders' Equity [Abstract] Statement Statement [Table] Equity Components [Axis] Equity Components [Axis] Equity Component [Domain] Equity Component [Domain] Common Stock at $1 par value Common Stock [Member] Capital in excess of par value Additional Paid-in Capital [Member] Reinvested earnings Retained Earnings [Member] Accumulated other comprehensive income (loss) AOCI Attributable to Parent [Member] Employee benefit stock Deferred Compensation, Share-based Payments [Member] Treasury stock Treasury Stock [Member] Statement Statement [Line Items] Increase (Decrease) in Stockholders' Equity Increase (Decrease) in Stockholders' Equity [Roll Forward] Beginning balance Stockholders' Equity Attributable to Parent Pension and postretirement benefits (net of tax effect) Foreign currency translation Cash dividends Dividends, Common Stock, Cash Stock options exercised Stock Issued During Period, Value, Stock Options Exercised Tax benefit on stock options and dividends Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation Tax deficiency on stock options and dividends Adjustments to Additional Paid in Capital, Income Tax Deficiency from Share-based Compensation ESSOP transactions Adjustments to Additional Paid in Capital, Share-based Compensation, Stock Options, Requisite Service Period Recognition Stock-based compensation Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition Retirement of treasury stock Treasury Stock, Retired, Par Value Method, Amount Issuance of treasury stock Stock Issued During Period, Value, Treasury Stock Reissued Ending balance Tax effect on employee benefit funded status adjustment Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Tax, Portion Attributable to Parent Cash dividends (in dollars per share) Common Stock, Dividends, Per Share, Cash Paid Issuance of treasury stock (in shares) Stock Issued During Period, Shares, Treasury Stock Reissued Common stock, par value (in dollars per share) Common Stock, Par or Stated Value Per Share Statement of Financial Position [Abstract] Common stock, shares authorized Common Stock, Shares Authorized Common stock, shares issued Common Stock, Shares, Issued Treasury stock, shares Treasury Stock, Shares Defined Contribution Plan Type [Axis] Defined Contribution Plan Type [Axis] Defined Contribution Plan Type [Domain] Defined Contribution Plan Type [Domain] Pension plans Fair value of qualified plan assets Voluntary contribution Defined Contribution Plan, Employer Discretionary Contribution Amount Accumulated benefit obligation Defined Benefit Plan, Accumulated Benefit Obligation 2017 Operating Leases, Future Minimum Payments Due, Next Twelve Months 2018 Operating Leases, Future Minimum Payments, Due in Two Years 2019 Operating Leases, Future Minimum Payments, Due in Three Years 2020 Operating Leases, Future Minimum Payments, Due in Four Years 2021 Operating Leases, Future Minimum Payments, Due in Five Years Thereafter Operating Leases, Future Minimum Payments, Due Thereafter Total lease obligations Operating Leases, Future Minimum Payments Due Schedule of Business Acquisitions, by Acquisition Schedule of Business Acquisitions, by Acquisition [Table] Subsequent Event Type [Axis] Subsequent Event Type [Axis] Subsequent Event Type [Domain] Subsequent Event Type [Domain] Subsequent Event Subsequent Event [Member] Legal Entity [Axis] Legal Entity [Axis] Entity [Domain] Entity [Domain] National Meter and Automation, Inc. National Meter and Automation, Inc. [Member] National Meter and Automation, Inc. [Member] Finite-Lived Intangible Assets by Major Class Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets, Major Class Name Finite-Lived Intangible Assets, Major Class Name [Domain] Customer technology Technology-Based Intangible Assets [Member] Customer relationships Customer Relationships [Member] Balance Sheet Location [Axis] Balance Sheet Location [Axis] Balance Sheet Location [Domain] Balance Sheet Location [Domain] Accounts Payable Accounts Payable [Member] Long-term Debt Long-term Debt [Member] Business Acquisition Business Acquisition [Axis] Business Acquisition, Acquiree Business Acquisition, Acquiree [Domain] Nice Instruments Nice Instruments [Member] Nice Instruments [Member] United Utilities, Inc. United Utilities, Inc. [Member] United Utilities, Inc. [Member] Business Acquisition Business Acquisition [Line Items] Total purchase consideration Business Combination, Consideration Transferred Cash payment Payments to Acquire Businesses, Gross Purchase price allocation, inventory and equipment Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Inventory And Equipment Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Inventory And Equipment Purchase price allocation, intangibles Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill Purchase price allocation, goodwill Goodwill Estimated average useful life Acquired Finite-lived Intangible Assets, Weighted Average Useful Life Receivables Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Pre-Existing Receivables Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Pre-Existing Receivables Outstanding common stock acquired (as a percent) Business Acquisition, Percentage of Voting Interests Acquired Incremental annual revenues Business Combinations, Incremental Revenue Business Combinations, Incremental Revenue Deferred payments Business Combination, Deferred Payments, Liability Business Combination, Deferred Payments, Liability Receivables Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables Inventory Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory Property, plant and equipment Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment Intangibles Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles Current liabilities Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other Transaction costs Business Combination, Separately Recognized Transactions, Additional Disclosures, Acquisition Cost Expensed Assets Assets [Abstract] Current assets: Assets, Current [Abstract] Cash Receivables Accounts Receivable, Net, Current Inventories: Inventory, Net [Abstract] Finished goods Inventory, Finished Goods, Gross Work in process Inventory, Work in Process, Gross Raw materials Inventory, Raw Materials, Gross Total inventories Inventory, Net Prepaid expenses and other current assets Prepaid Expense and Other Assets, Current Total current assets Assets, Current Property, plant and equipment, at cost: Property, Plant and Equipment, Gross [Abstract] Land and improvements Land and Improvements Gross Land and improvements Buildings and improvements Buildings and Improvements, Gross Machinery and equipment Machinery and Equipment, Gross Property, plant and equipment, at cost Property, Plant and Equipment, Gross Less accumulated depreciation Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Net property, plant and equipment Property, Plant and Equipment, Net Intangible assets, at cost less accumulated amortization Finite-Lived Intangible Assets, Net Other assets Other Assets, Noncurrent Deferred income taxes Deferred Tax Assets, Net of Valuation Allowance, Noncurrent Goodwill Total assets Assets Liabilities and Shareholders’ Equity Liabilities and Equity [Abstract] Current liabilities: Liabilities, Current [Abstract] Short-term debt Short-term Debt Payables Accounts Payable, Current Accrued compensation and employee benefits Employee-related Liabilities, Current Warranty and after-sale costs Product Warranty Accrual, Current Income and other taxes Taxes Payable, Current Total current liabilities Liabilities, Current Other long-term liabilities Other Liabilities, Noncurrent Deferred income taxes Deferred Tax Liabilities, Net, Noncurrent Accrued non-pension postretirement benefits Other Postretirement Defined Benefit Plan, Liabilities, Noncurrent Other accrued employee benefits Defined Benefit Pension Plan, Liabilities, Noncurrent Commitments and contingencies (Note 6) Commitments and Contingencies Shareholders’ equity: Stockholders' Equity Attributable to Parent [Abstract] Common Stock, $1 par; authorized 40,000,000 shares; issued 37,121,618 shares in 2016 and 41,102,538 shares in 2015 Common Stock, Value, Issued Capital in excess of par value Additional Paid in Capital, Common Stock Reinvested earnings Retained Earnings (Accumulated Deficit) Accumulated other comprehensive loss Accumulated Other Comprehensive Income (Loss), Net of Tax Less: Employee benefit stock Unearned ESOP Shares Treasury stock, at cost; 8,003,086 shares in 2016 and 12,052,894 shares in 2015 Treasury Stock, Value Total shareholders’ equity Total liabilities and shareholders’ equity Liabilities and Equity Document and Entity Information [Abstract] -- None. No documentation exists for this element. -- Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Central Index Key Current Fiscal Year End Date Current Fiscal Year End Date Entity Filer Category Entity Filer Category Document Type Document Type Document Period End Date Document Period End Date Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Amendment Flag Amendment Flag Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Entity Well-known Seasoned Issuer Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Voluntary Filers Entity Current Reporting Status Entity Current Reporting Status Entity Public Float Entity Public Float Schedule of Stock by Class Schedule of Stock by Class [Table] Range Range [Axis] Range Range [Domain] High Maximum [Member] Low Minimum [Member] Net sales Revenue, Net Gross margin Gross Profit Earnings per share: Earnings Per Share [Abstract] Basic (in dollars per share) Earnings Per Share, Basic Diluted (in dollars per share) Earnings Per Share, Diluted Dividends declared (in dollars per share) Stock price (in dollars per share) Market Price Per Share Market Price Per Share Number of shareholders Number of Shareholders Number of Shareholders Schedule of Finite-Lived Intangible Assets Schedule of Finite-Lived Intangible Assets [Table] Technologies Developed Technology Rights [Member] Non-compete agreements Noncompete Agreements [Member] Licenses Licensing Agreements [Member] Customer lists Customer Lists [Member] Trade names Trade Names [Member] Finite-Lived Intangible Assets Finite-Lived Intangible Assets [Line Items] Gross carrying amount Finite-Lived Intangible Assets, Gross Accumulated amortization Finite-Lived Intangible Assets, Accumulated Amortization Accumulated Other Comprehensive Income (Loss) [Table] Accumulated Other Comprehensive Income (Loss) [Table] Pension and postretirement benefits Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] Foreign currency Accumulated Foreign Currency Adjustment Attributable to Parent [Member] Accumulated Other Comprehensive Income (Loss) [Line Items] Accumulated Other Comprehensive Income (Loss) [Line Items] AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward] Balance at beginning of period Other comprehensive income before reclassifications Other Comprehensive Income (Loss), before Reclassifications, Net of Tax Amounts reclassified from accumulated other comprehensive loss, net of tax Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax Amounts reclassified from accumulated other comprehensive loss, tax Reclassification From Accumulated Other Comprehensive Income, Current Period, Tax Reclassification From Accumulated Other Comprehensive Income, Current Period, Tax Net current period other comprehensive loss (income), net Other Comprehensive Income (Loss), Net of Tax Accumulated other comprehensive loss Income Tax Disclosure [Abstract] Domestic Income (Loss) from Continuing Operations before Income Taxes, Domestic Foreign Income (Loss) from Continuing Operations before Income Taxes, Foreign Earnings before income taxes Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest Shares reserved for future issuance (in shares) Common Stock, Capital Shares Reserved for Future Issuance Total stock compensation expense recognized Allocated Share-based Compensation Expense Segment Reporting [Abstract] Schedule of Information Regarding Revenues and Assets by Geographic Area Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block] Common Stock Annual share award Stock Issued During Period, Value, Other Remaining recognition period Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition Unrecognized compensation cost Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized Current: Current Income Tax Expense (Benefit), Continuing Operations [Abstract] Federal Current Federal Tax Expense (Benefit) State Current State and Local Tax Expense (Benefit) Foreign Current Foreign Tax Expense (Benefit) Deferred: Deferred Income Tax Expense (Benefit), Continuing Operations [Abstract] Federal Deferred Federal Income Tax Expense (Benefit) State Deferred State and Local Income Tax Expense (Benefit) Foreign Deferred Foreign Income Tax Expense (Benefit) Provision for income taxes Income Tax Expense (Benefit) Operating Loss Carryforwards [Table] Operating Loss Carryforwards [Table] Tax Credit Carryforward [Axis] Tax Credit Carryforward [Axis] Tax Credit Carryforward, Name [Domain] Tax Credit Carryforward, Name [Domain] General Business Tax Credit Carryforward General Business Tax Credit Carryforward [Member] Operating Loss Carryforwards [Line Items] Operating Loss Carryforwards [Line Items] Reserve for receivables and inventories Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Allowance for Doubtful Accounts Accrued compensation Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Compensation Payables Deferred Tax Assets, Tax Deferred Expense, Accounts Payable Deferred Tax Assets, Payables Non-pension postretirement benefits Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Postretirement Benefits Net operating loss and credit carryforwards Deferred Tax Assets, Net Operating Loss and Credit Carryforwards Deferred Tax Assets, Net Operating Loss and Credit Carryforwards Accrued pension benefits Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Pensions Accrued employee benefits Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Benefits Other Deferred Tax Assets, Other Total deferred tax assets Deferred Tax Assets, Net of Valuation Allowance Depreciation Deferred Tax Liabilities, Depreciation Deferred Tax Liabilities, Depreciation Amortization Deferred Tax Liabilities, Amortization Deferred Tax Liabilities, Amortization Prepaids Deferred Tax Liabilities, Compensation and Benefits, Pensions Deferred Tax Liabilities, Compensation and Benefits, Pensions Total deferred tax liabilities Deferred Tax Liabilities, Gross Net deferred tax (liabilities) Deferred Tax Liabilities, Net Net deferred tax assets Deferred Tax Assets, Net Total rental expense charged to operations Operating Leases, Rent Expense, Net Loss Contingencies Loss Contingencies [Table] Litigation Case Litigation Case [Axis] Litigation Case Type Litigation Case [Domain] Landfill lawsuits Landfill [Member] Loss Contingencies Loss Contingencies [Line Items] Number of potentially responsible parties Loss Contingency, Number of Defendants Number of landfill lawsuits Loss Contingency, Pending Claims, Number Schedule of Quarterly Financial Information Quarterly Financial Information [Table Text Block] Employee Benefit Plans Pension and Other Postretirement Benefits Disclosure [Text Block] Liability Class Liability Class [Axis] Liability Class Fair Value by Liability Class [Domain] Accrued compensation and employee benefits Accrued Compensation and Employee Benefits [Member] Accrued Compensation and Employee Benefits [Member] Accrued non-pension postretirement benefits Accrued Non-Pension Postretirement Benefits [Member] Accrued Non-Pension Postretirement Benefits [Member] Amounts recognized at December 31 Long-Term Debt Long-term Debt [Text Block] Provision at statutory rate Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount State income taxes, net of federal tax benefit Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount Foreign - tax rate differential and other Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount Domestic production activities deduction Effective Income Tax Rate Reconciliation, Deduction, Qualified Production Activity, Amount Other Effective Income Tax Rate Reconciliation, Other Reconciling Items, Amount Schedule of Accounts, Notes, Loans and Financing Receivable Schedule of Accounts, Notes, Loans and Financing Receivable [Table] Legal Entity of Counterparty, Type [Axis] Legal Entity of Counterparty, Type [Axis] Legal Entity Type of Counterparty [Domain] Legal Entity Type of Counterparty [Domain] Employee Stock Ownership Plan (ESOP), Plan Employee Stock Ownership Plan (ESOP), Plan [Member] Employee Stock Ownership Plan (ESOP), Plan [Member] Receivable Type [Axis] Receivable Type [Axis] Receivable [Domain] Receivable [Domain] Loans Receivable Loans Receivable [Member] Accounts, Notes, Loans and Financing Receivable Accounts, Notes, Loans and Financing Receivable [Line Items] Loan, restructured outstanding debt of ESSOP Notes, Loans and Financing Receivable, Repay Third Party Debt Notes, Loans and Financing Receivable, Repay Third Party Debt Loan to purchase additional shares Notes, Loans and Financing Receivable, Purchase of Company Shares Notes, Loans and Financing Receivable, Purchase of Company Shares Loan balance Loans Payable Minimum Maximum Estimated useful lives Finite-Lived Intangible Asset, Useful Life Amortization expense recognized Amortization of Intangible Assets Amortization expense expected to be recognized, 2017 Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months Amortization expense expected to be recognized, 2018 Finite-Lived Intangible Assets, Amortization Expense, Year Two Amortization expense expected to be recognized, 2019 Finite-Lived Intangible Assets, Amortization Expense, Year Three Amortization expense expected to be recognized, 2020 Finite-Lived Intangible Assets, Amortization Expense, Year Four Amortization expense expected to be recognized, 2021 Finite-Lived Intangible Assets, Amortization Expense, Year Five Amortization expense expected to be recognized, thereafter Finite-Lived Intangible Assets, Amortization Expense, after Year Five Schedule of Changes in Allowance for Doubtful Accounts Allowance for Credit Losses on Financing Receivables [Table Text Block] Schedule of Changes to Obsolete Inventories Reserve Inventory Valuation Reserves [Table Text Block] Inventory Valuation Reserves [Table Text Block] Schedule of Carrying Value and Accumulated Amortization of Intangible Assets Schedule of Finite-Lived Intangible Assets [Table Text Block] Schedule of Changes in Warranty and After-Sale Costs Reserve Schedule of Product Warranty Liability [Table Text Block] Schedule of Accumulated Other Comprehensive Loss Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] Schedule of Employee Stock Ownership Plan (ESOP) Disclosures [Table] Schedule of Employee Stock Ownership Plan (ESOP) Disclosures [Table] Employee Stock Ownership Plan (ESOP) Name [Axis] Employee Stock Ownership Plan (ESOP) Name [Axis] Employee Stock Ownership Plan (ESOP), Plan [Domain] Employee Stock Ownership Plan (ESOP), Plan [Domain] Defined Contribution Feature Defined Contribution Feature [Member] Defined Contribution Feature [Member] Employee Stock Ownership Plan (ESOP) Disclosures [Line Items] Employee Stock Ownership Plan (ESOP) Disclosures [Line Items] Loan to repay third party loan Note, Loans nd Financing Receivable, Gross, Current, Loan to Repay Third Party Loan Note, Loans nd Financing Receivable, Gross, Current, Loan to Repay Third Party Loan Additional loan to ESOP Notes, Loans and Financing Receivable, Gross, Current, Loan to Purchase Company Common Stock Notes, Loans and Financing Receivable, Gross, Current, Loan to Purchase Company Common Stock Loans payable Principal payments Repayments of Notes Payable Shares contributed to ESOP (in shares) Employee Stock Ownership Plan (ESOP), Shares Contributed to ESOP Unreleased shares in ESOP (in shares) Employee Stock Ownership Plan (ESOP), Shares in ESOP Fair value of unreleased shares Employee Stock Ownership Plan (ESOP), Deferred Shares, Fair Value Pretax income allowed to be deferred (as a percent) Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent Company match (as a percent) Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay Maximum match of employee's salary (as a percent) Maximum Percentage of Employee's Salary Eligible for Defined Contribution Plan Maximum Percentage of Employee's Salary Eligible for Defined Contribution Plan Compensation expense Employee Stock Ownership Plan (ESOP), Compensation Expense Details of Earnings Before Income Taxes Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] Schedule of Provision (Benefit) for Income Taxes Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] Reconciliation of Provision for Income Taxes Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] Components of Deferred Income Taxes Schedule of Deferred Tax Assets and Liabilities [Table Text Block] Schedule of Changes in Gross Liability for Unrecognized Tax Benefits Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] Schedule of Property, Plant and Equipment Property, Plant and Equipment [Table] Property, Plant and Equipment, Type Property, Plant and Equipment, Type [Axis] Property, Plant and Equipment, Type Property, Plant and Equipment, Type [Domain] Land Improvements Land Improvements [Member] Building and Improvements Building and Building Improvements [Member] Machinery and Equipment Other Machinery and Equipment [Member] Property, Plant and Equipment Property, Plant and Equipment [Line Items] Estimated useful lives Property, Plant and Equipment, Useful Life Number of segments Number of Reportable Segments Schedule of Revenues from External Customers and Long-Lived Assets Schedule of Revenues from External Customers and Long-Lived Assets [Table] Geographical Geographical [Axis] Segment, Geographical Geographical [Domain] United States UNITED STATES Asia Asia [Member] Canada CANADA Europe Europe [Member] Mexico MEXICO Middle East Middle East [Member] Other Other Geographical Areas [Member] Other Geographical Areas [Member] Revenues from External Customers and Long-Lived Assets Revenues from External Customers and Long-Lived Assets [Line Items] Revenues Long-lived assets Total assets Total stock compensation expense Unrecognized compensation cost related to stock options Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options Weighted average period Obsolete Inventory Reserve Obsolete Inventory Reserve [Roll Forward] Obsolete Inventory Reserve [Roll Forward] Balance at beginning of year Inventory Valuation Reserves Net additions charged to earnings Provision for obsolete inventory Provision for obsolete inventory Disposals Provision for Obsolete Inventory, Charge Offs Provision for Obsolete Inventory, Charge Offs Balance at end of year Amortization of employee benefit plan items: Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss) [Abstract] Prior service cost Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost (Credit) Arising During Period, before Tax Settlement expense Defined Benefit Plan, Settlements, Plan Assets Actuarial loss Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax Total before tax Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments and Tax Income tax benefit Amount reclassified out of accumulated other comprehensive loss Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] Balance at beginning of year Unrecognized Tax Benefits Increases in unrecognized tax benefits as a result of positions taken during the prior period Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions Increases in unrecognized tax benefits as a result of positions taken during the current period Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions Decreases in unrecognized tax benefits relating to settlements with taxing authorities Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations Balance at end of year Research and development costs Research and Development Expense Summary of Significant Accounting Policies Significant Accounting Policies [Text Block] Industry Segment and Geographic Areas Segment Reporting Disclosure [Text Block] Exercise Price Range Exercise Price Range [Axis] Exercise Price Range Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Domain] Price range $18.08 — $18.30 Price Range 1 [Member] Price Range 1 Price range $18.30 — $19.35 Price Range 2 [Member] Price Range 2 Price range $19.35 — $33.75 Price Range 3 [Member] Price Range 3 Number of shares Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] Beginning balance (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number Options granted (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures Options exercised (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period Options forfeited (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period Ending balance (in shares) Exercisable options (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number Weighted-average exercise price Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract] Beginning balance (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price Options granted (in dollars per share) Options exercised (in dollars per share) Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price Ending balance (in dollars per share) Exercisable options (in dollars per share) Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Exercisable Options, Weighted Average Exercise Price Price range - minimum (in dollars per share) Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit Price range - maximum (in dollars per share) Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit Weighted-average contractual life Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term Warranty and After-Sale Costs Movement in Standard Product Warranty Accrual [Roll Forward] Balance at beginning of year Standard Product Warranty Accrual Net additions charged to earnings Standard Product Warranty Accrual, Period Increase (Decrease) Adjustments to pre-existing warranties Standard Product Warranty Accrual, Increase (Decrease) for Preexisting Warranties Costs incurred Standard Product Warranty Accrual, Decrease for Payments Balance at end of year Service agreement period Revenue Recognition Period Revenue Recognition Period Tax Credit Carryforward [Table] Tax Credit Carryforward [Table] Tax Credit Carryforward [Line Items] Tax Credit Carryforward [Line Items] Federal and state net operating loss carryforwards Tax Credit Carryforward, Amount Federal general business credit carryforwards Tax Credit Carryforward, Amount, General Tax Credit Carryforward, Amount, General Limit on annual basis Federal and State Net Operating Loss and Federal and State Credit Carryforwards, Maximum Federal and State Net Operating Loss and Federal and State Credit Carryforwards, Maximum Undistributed earnings Undistributed Earnings of Foreign Subsidiaries Accrued interest (less than) Unrecognized Tax Benefits, Interest on Income Taxes Accrued Allowance for Doubtful Accounts Receivable Allowance for Doubtful Accounts Receivable [Roll Forward] Balance at beginning of year Allowance for Doubtful Accounts Receivable, Current Provision and reserve adjustments Provision for Doubtful Accounts Write-offs less recoveries Allowance for Doubtful Accounts Receivable, Write-offs Balance at end of year Allowance for Doubtful Accounts Receivable Schedule of Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits, by Title of Individual and by Type of Deferred Compensation [Table] Schedule of Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits, by Title of Individual and by Type of Deferred Compensation [Table] Title of Individual [Axis] Title of Individual [Axis] Relationship to Entity [Domain] Relationship to Entity [Domain] Officers and Key Employees Officers and Key Employees [Member] Officers and Key Employees [Member] Other Postretirement Benefits, Individual Contracts, Type of Deferred Compensation [Axis] Other Postretirement Benefits, Individual Contracts, Type of Deferred Compensation [Axis] Other Postretirement Benefits, Individual Contracts, Type of Deferred Compensation [Domain] Other Postretirement Benefits, Individual Contracts, Type of Deferred Compensation [Domain] Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items] Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items] Compensation expense Deferred Compensation Arrangement with Individual, Compensation Expense Amount accrued Deferred Compensation Arrangement with Individual, Recorded Liability Fair Value, Hierarchy Fair Value, Hierarchy [Axis] Fair Value, Measurements, Fair Value Hierarchy Fair Value Hierarchy [Domain] Quoted prices in active markets for identical assets (Level 1) Fair Value, Inputs, Level 1 [Member] Significant observable inputs (Level 2) Fair Value, Inputs, Level 2 [Member] Significant unobservable inputs (Level 3) Fair Value, Inputs, Level 3 [Member] Defined Benefit Plan, Asset Categories Defined Benefit Plan, Asset Categories [Axis] Plan Asset Categories Plan Asset Categories [Domain] Equity securities Equity Securities [Member] Fixed income funds Fixed Income Funds [Member] Cash/cash equivalents Cash and Cash Equivalents [Member] Stock Compensation Disclosure of Compensation Related Costs, Share-based Payments [Text Block] Equity Components Class of Stock [Axis] Equity Component Class of Stock [Domain] Employee benefit stock Stock Compensation Plan [Member] Antidilutive Securities Antidilutive Securities [Axis] Antidilutive Securities, Name Antidilutive Securities, Name [Domain] Common share purchase right dividend (in shares) Dividend Declared Conversion Ratio Dividend Declared Conversion Ratio Number of common shares each right is entitled to (in shares) Class of Warrant or Right, Number of Securities Called by Warrants or Rights Common share purchase right exercise price (in dollars per share) Class of Warrant or Right, Exercise Price of Warrants or Rights Stock split, conversion ratio Stockholders' Equity Note, Stock Split, Conversion Ratio Stock dividend payable (as a percent) Stock Dividend Payable, Percentage Stock Dividend Payable, Percentage Total authorized shares before and after stock split (in shares) Antidilutive stock options excluded from computation of earnings per share (in shares) Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount Summary of Transactions of Stock Option Plans Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] Assumptions Used for Valuing Options Granted Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] Summary of Aggregate Intrinsic Value Related to Options Schedule Share-based Compensation, Intrinsic Value of Stock Options [Table Text Block] Schedule Share-based Compensation, Intrinsic Value of Stock Options [Table Text Block] Schedule of Fair Value of Nonvested Shares Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block] Prepaid Expenses and Other Current Assets Prepaid Expenses and Other Current Assets [Member] Other Assets Other Assets [Member] Capitalized internal use software and hardware Capitalized Computer Software and Hardware, Net Capitalized Computer Software and Hardware, Net Amortization period Capitalized Computer Software and Hardware Depreciation Period Capitalized Computer Software and Hardware Depreciation Period Amortization expense Capitalized Computer Software and Hardware Amortization Capitalized Computer Software and Hardware Amortization Schedule of Short-Term Debt Schedule of Debt [Table Text Block] Goodwill Number of shares reserve for future issuance Number of shares available for grant Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant Schedule of Future Minimum Lease Payments Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] Number of product lines Number of Product Lines Number of Product Lines Percentage of products used in water applications (as a percent) Percentage of Products Used in Water Applications Percentage of Products Used in Water Applications Income Taxes Income Tax Disclosure [Text Block] Schedule of Short-term Debt Schedule of Short-term Debt [Table] Short-term Debt, Type Short-term Debt, Type [Axis] Short-term Debt, Type Short-term Debt, Type [Domain] Notes payable to banks Notes Payable to Banks [Member] Commercial paper Commercial Paper [Member] Short-term Debt Short-term Debt [Line Items] Total short-term debt Schedule of Amounts Not Yet Recognized In Net Periodic Benefit Cost Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block] Schedule of Amounts Expected to be Recognized in Net Periodic Benefit Cost Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block] Components of Net Periodic Pension/Postretirement Benefit Cost Schedule of Net Benefit Costs [Table Text Block] Schedule of Actuarial Assumptions Schedule of Assumptions Used [Table Text Block] Reconciliation of Benefit Obligations, Plan Assets and Funded Status Schedule of Changes in Benefit Obligations, Plan Assets and Funded Status [Table Text Block] Schedule of Changes in Benefit Obligations, Plan Assets and Funded Status [Table Text Block] Schedule of Fair Value of Qualified Pension Plan Assets Schedule of Allocation of Plan Assets [Table Text Block] Reconciliation of Projected Benefit Obligation Schedule of Changes in Projected Benefit Obligations [Table Text Block] Schedule of Amounts Recognized in Consolidated Balance Sheets Schedule of Amounts Recognized in Balance Sheet [Table Text Block] Vesting period Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period Nonvested stock compensation expense Restricted Stock or Unit Expense Unrecognized compensation cost related to restricted stock Prior service credit Defined Benefit Plan, Future Amortization of Prior Service Cost (Credit) Net actuarial loss Defined Benefit Plan, Future Amortization of Gain (Loss) Income Statement [Abstract] Cost of sales Cost of Goods and Services Sold Gross margin Selling, engineering and administration Selling, General and Administrative Expense Operating earnings Operating Income (Loss) Interest expense, net Interest Income (Expense), Net Provision for income taxes Net earnings Earnings per share: Basic (in dollars per share) Income (Loss) from Continuing Operations, Per Basic Share Diluted (in dollars per share) Income (Loss) from Continuing Operations, Per Diluted Share Shares used in computation of earnings per share: Weighted Average Number of Shares Outstanding, Diluted [Abstract] Basic (in shares) Weighted Average Number of Shares Outstanding, Basic Impact of dilutive securities (in shares) Weighted Average Number Diluted Shares Outstanding Adjustment Diluted (in shares) Weighted Average Number of Shares Outstanding, Diluted EX-101.PRE 13 bmi-20161231_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 14 bmi2016.jpg begin 644 bmi2016.jpg M_]C_X 02D9)1@ ! 0$ 8 !@ #_X1"617AI9@ 34T *@ @ ! $[ ( M , (2H=I 0 ! (5IR= $ 8 0=NH< < @, /@ M G)E4WI.5&-Z:V,Y9"<_/@T*/'@Z>&UP;65T M82!X;6QN&UL;G,Z&UL;G,Z9&,](FAT=' Z+R]P=7)L+F]R9R]D8R]E;&5M96YT M"UN#IX;7!M971A M/@T*(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" * M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @ M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @ M(" @(" @(" @(" @(" @(" @(" @(" @(" \/WAP86-K970@96YD/2=W)S\^ M_]L 0P '!04&!00'!@4&" <'" H1"PH)"0H5#Q ,$1@5&AD8%1@7&QXG(1L= M)1T7&"(N(B4H*2LL*QH@+S,O*C(G*BLJ_]L 0P$'" @*"0H4"PL4*AP8'"HJ M*BHJ*BHJ*BHJ*BHJ*BHJ*BHJ*BHJ*BHJ*BHJ*BHJ*BHJ*BHJ*BHJ*BHJ*BHJ M*BHJ_\ $0@!S -M P$B (1 0,1 ?_$ !\ $% 0$! 0$! ! M @,$!08'" D*"__$ +40 (! P,"! ,%!00$ !?0$" P $$042(3%!!A-1 M80'EZ@X2%AH>(B8J2DY25EI>8 MF9JBHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(R;G MZ.GJ\?+S]/7V]_CY^O_$ !\! ,! 0$! 0$! 0$ ! @,$!08'" D* M"__$ +41 (! @0$ P0'!00$ $"=P ! @,1! 4A,08205$'87$3(C*!"!1" MD:&QP0DC,U+P%6)RT0H6)#3A)?$7&!D:)BH*#A(6&AXB)BI*3E)66EYB9FJ*CI*6F MIZBIJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V M]_CY^O_: P# 0 "$0,1 #\ ]NU#7M:_X2BXT;0-(L+PVMG!=32WNHO;?ZUY ME55"PR9QY#$DXZBD^W>-_P#H7O#_ /X/I_\ Y#HL?^2IZ[_V!=-_]'WU=)0! MS?V[QO\ ]"]X?_\ !]/_ /(='V[QO_T+WA__ ,'T_P#\AUTE% '-_;O&_P#T M+WA__P 'T_\ \AT?;O&__0O>'_\ P?3_ /R'7244 '__ ?3 M_P#R'1]N\;_]"]X?_P#!]/\ _(==)10!S?V[QO\ ]"]X?_\ !]/_ /(='V[Q MO_T+WA__ ,'T_P#\AUTE% '-_;O&_P#T+WA__P 'T_\ \AT?;O&__0O>'_\ MP?3_ /R'7244 '__ ?3_P#R'1]N\;_]"]X?_P#!]/\ _(== M)10!S?V[QO\ ]"]X?_\ !]/_ /(='V[QO_T+WA__ ,'T_P#\AUTE% '-_;O& M_P#T+WA__P 'T_\ \AT?;O&__0O>'_\ P?3_ /R'7244 '__ M ?3_P#R'1]N\;_]"]X?_P#!]/\ _(==)10!S?V[QO\ ]"]X?_\ !]/_ /(= M'V[QO_T+WA__ ,'T_P#\AUTE% '-_;O&_P#T+WA__P 'T_\ \AT?;O&__0O> M'_\ P?3_ /R'7244 '__ ?3_P#R'1]N\;_]"]X?_P#!]/\ M_(==)10!S?V[QO\ ]"]X?_\ !]/_ /(='V[QO_T+WA__ ,'T_P#\AUTE% '- M_;O&_P#T+WA__P 'T_\ \AT?;O&__0O>'_\ P?3_ /R'7244 '__ ?3_P#R'1]N\;_]"]X?_P#!]/\ _(==)10!S?V[QO\ ]"]X?_\ !]/_ M /(='V[QO_T+WA__ ,'T_P#\AUTE% '-_;O&_P#T+WA__P 'T_\ \AT?;O&_ M_0O>'_\ P?3_ /R'7244 '__ ?3_P#R'1]N\;_]"]X?_P#! M]/\ _(==)10!S?V[QO\ ]"]X?_\ !]/_ /(='V[QO_T+WA__ ,'T_P#\AUTE M% '-_;O&_P#T+WA__P 'T_\ \AT?;O&__0O>'_\ P?3_ /R'7244 '__ ?3_P#R'1]N\;_]"]X?_P#!]/\ _(==)10!S?V[QO\ ]"]X?_\ M!]/_ /(='V[QO_T+WA__ ,'T_P#\AUTE% '-_;O&_P#T+WA__P 'T_\ \AT? M;O&__0O>'_\ P?3_ /R'7244 '__ ?3_P#R'1]N\;_]"]X? M_P#!]/\ _(==)10!S?V[QO\ ]"]X?_\ !]/_ /(='V[QO_T+WA__ ,'T_P#\ MAUTE% '-_;O&_P#T+WA__P 'T_\ \AT?;O&__0O>'_\ P?3_ /R'7244 '__ ?3_P#R'1]N\;_]"]X?_P#!]/\ _(==)10!S?V[QO\ ]"]X M?_\ !]/_ /(='V[QO_T+WA__ ,'T_P#\AUTE% '-_;O&_P#T+WA__P 'T_\ M\AT?;O&__0O>'_\ P?3_ /R'7244 '__ ?3_P#R'1]N\;_] M"]X?_P#!]/\ _(==)10!S?V[QO\ ]"]X?_\ !]/_ /(='V[QO_T+WA__ ,'T M_P#\AUTE% '-_;O&_P#T+WA__P 'T_\ \AT?;O&__0O>'_\ P?3_ /R'7244 M '__ ?3_P#R'1]N\;_]"]X?_P#!]/\ _(==)10!S?V[QO\ M]"]X?_\ !]/_ /(='V[QO_T+WA__ ,'T_P#\AUTE% '-_;O&_P#T+WA__P ' MT_\ \AT?;O&__0O>'_\ P?3_ /R'7244 '__ ?3_P#R'1]N M\;_]"]X?_P#!]/\ _(==)10!S?V[QO\ ]"]X?_\ !]/_ /(='V[QO_T+WA__ M ,'T_P#\AUTE% '-_;O&_P#T+WA__P 'T_\ \AT?;O&__0O>'_\ P?3_ /R' M7244 '__ ?3_P#R'1]N\;_]"]X?_P#!]/\ _(==)10!S?V[ MQO\ ]"]X?_\ !]/_ /(='V[QO_T+WA__ ,'T_P#\AUTE% '-_;O&_P#T+WA_ M_P 'T_\ \AT?;O&__0O>'_\ P?3_ /R'7244 '__ ?3_P#R M'1]N\;_]"]X?_P#!]/\ _(==)10!S?V[QO\ ]"]X?_\ !]/_ /(='V[QO_T+ MWA__ ,'T_P#\AUTE% '-_;O&_P#T+WA__P 'T_\ \AT?;O&__0O>'_\ P?3_ M /R'7244 '__ ?3_P#R'1]N\;_]"]X?_P#!]/\ _(==)10! MS?V[QO\ ]"]X?_\ !]/_ /(='V[QO_T+WA__ ,'T_P#\AUTE% '-_;O&_P#T M+WA__P 'T_\ \AT?;O&__0O>'_\ P?3_ /R'7244 '__ ?3 M_P#R'1]N\;_]"]X?_P#!]/\ _(==)10!S?V[QO\ ]"]X?_\ !]/_ /(='V[Q MO_T+WA__ ,'T_P#\AUTE% '-_;O&_P#T+WA__P 'T_\ \AT?;O&__0O>'_\ MP?3_ /R'7244 '__ ?3_P#R'1]N\;_]"]X?_P#!]/\ _(== M)10!S?V[QO\ ]"]X?_\ !]/_ /(='V[QO_T+WA__ ,'T_P#\AUTE% '-_;O& M_P#T+WA__P 'T_\ \AT?;O&__0O>'_\ P?3_ /R'7244 '__ M ?3_P#R'5[PUK,VNZ(+RZM4M)TN;BUEACF,JJ\,[PL5N_P#8 M%TW_ -'WU=)0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% ! M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %% M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444 M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !7-^ M_P#D7;K_ +#6J_\ IPN*Z2N;\!_\B[=?]AK5?_3A<4 %C_R5/7?^P+IO_H^^ MKI*YNQ_Y*GKO_8%TW_T??5TE !1110 4444 %%%% !1110 4444 %%%% !11 M10 4444 %%%% !1110 4444 %%%% !1110 4444 >+Z[XO\ B'XX\=:MX=^% MDUAI-EH3B*\U.]4-YDW(,8RK\9!Z+GY,EAD"ND^&FJ_$(7NJ:+\2-/CD.GX, M.M0!4BN@23C P#@=U48 PP!Z\(?%,WP*^(7B=O$FBW]UX?\ $%Y]NL[^R0-M MD;<3&=Q SUXW C;G!!R.J\)>.=<^+&E^)X[309-*T*>T>#2M0N"5DE=E9#D8 M*M@Y)*G"XQ\W42FU"\==/Q_37;]2I)<]GHKZ>G_#;EB7X]>%(KR4K9ZU+I$- MP+:378K M8H_'!DSGJSZ@5N^(_B[X7\,Z%H>M7LEU/INN,!;W%M$'"*0#N<$A@ #R ">",9KS'0 M/[)^.K8&?M-T,_A-6+X@NOL7PJ^#MU]DEO?(ODD^S0IO>;# [%7N3C %).Z7 M_;G_ )-N4U9O_M[_ ,E/:?"WQ5T?Q/XDDT!]-UC1-5$/GQ6NL6?V=YX^ZL_#UI.U]>O;O"BNZLJQ'> .(+IG_LR;SC;:8BR#?,J !$7:2IST)& .M*^S_K>U_N_SV!* M[MZ?E_7Y;GT?XM^*VA>#M3TJQO;74KZ75X6EL_[/MQ-YF/NJ!N#%F) & >3S MCK61;^/KC5/B=X:L1)K6BP:E933-HM_I4*,^PR#?)(9"\9^7(4 Y&,XS7*7A MBE^*?P<:)A)&=)8JW'/[@8-;7BD9_:E\( KN']DW'R^O$O%6U9KUDON3(O>+ M?E%_?8OS_'SPQ!--(-,U^72(+G[-)KD6G[K%6R 3YF[. 3_=R>P.173>+OB' MH?@VPLI[XW%[/J+A+&RT^+SI[LG'W%R >H.21UXY(%?.=_>6'A>]OU\!^)?% M'A/7HK^0Q>$;FV>=;F5F CVA?W>"I& ^\G P3P3Z+XPN-2\-^/O GC_Q?9RB MPMM.^RZJ]O&9%L)W0@N0O\)9\9YZ8'. 9CK%/\?E]V^GE=%RTDTO/\_Z];:' MH/A?XEZ+XJM]3^S07]A?:4I>\TW4+?R;F)<$@E,D?V=F&T?( $CAL9P0V%+'!'&>*QM#N!XW^*WB3QSH$4P\.Q MZ"]A'>R1-&+R7J2H89(&"">,;1ZUS-DB_P##$-T=HSYA/3O]L'-*[29>(/%=AX^^$NB_#KPU8W(Q!!ON=(.A)9MEAC(<@,P5NI48Z9QD5UOQ M4D\66?@V34_ EZ8;_3V\^6V,"2BZA'WTPRD@XY&T@G!'4BN#M-;T[XF?'GPW MK?@>*6XT_1+27^TM2\AHE^=6"0G< 202>/\ :)'0U[A5SNXIK1_\'^OD3%I2 M[_\ #'BNH?%J_P#' \*Z)\-+U+75]8_TC49Q&DQTV)/OJRL",YSC/7 _O"NJ MU[XOZ'X=U:[TI+#7- 2<9 P>XQ7-?!;1M.T_X MC?$=[.TCA:'5!!&5'W(R78J/09Q^0]*\_O;72O"?CKQG:>//$OB_P^][>R7E MBFC3LD>IQ2%B!@(06YVY) YP2,&IOM;JK_?:R^X:6]^CM^=W]Y[OKGQ-\/:+ MX;TS68WNM4CU[)YPB''('4'&.G7 J/PM\3M(\4G5H8K'5=,OM M)3S+K3]3M?)G5"NX,%R1@_4'\""?)_%!E\$>"/ NF6%[XJ\-^$)[B5M1NF(C MO[?-V\.0W<&FW.A&:S-Z)/,ND(7=/F M3YB&;+ _[7;I1)_%;I?\%?\ KN-?9OY?B[?UV/4/!WQ@TKQS>VL.@Z!XB>"X M+J]])8J+:W9025DD#D X .!G[R]\XQ?'7C3QGJWC\^ _A@+2UO[>V%SJ&IW: M@K;@X*@ AAR" ?E8G?P!@FK7[.H ^"6E8 &9;@GW_>M7/>+=3O?A)\9M1\:W MND7>H^&]=M(XKF>T7F^,9O#_Q"MH-7L7@-Q'K=FBI'&>!L.%0'D'C;N!.>5Y'0Z'\2 M]'U_PIKGB"SMKY+31))X[E)8T$CF) [; &(((/&2/PKG? /Q=O\ XC>,Y8M! M\-W$7A>& ^9J5Y\CB<8.WY=R'[P^4'./FSVKS/0_%=EX/\"_$?P9JD=XFOSW M5[);VBVDC-)&\0&_(4A5"@N22!MY&:B3:7_;K?XK]/\ ,J"3EY77Y'K>H_&K MPUI6B^&]4O;;4UMO$88VNRW5VCVE1\ZJQ.?F& NZJ47Q\\.RM>6O]A>)UU:T M.9-'.EDW6S )DVABJJ 03N8'VKSF !K'X$!@"//?@_[\==EX? /[4'CLD#(T MB#!]/DBJI:-_]O?^2ZDQ=XI^2?WNQU%W\8?#5M\-K?QO&M['_ !!H&CWD-T]QK\KQ6K1(I1"H4G>2P('S M#H#7SO;:==:A^Q_<&S@DG:UU9KB18UW$(K_,WT .2>P%=/KGCS2?'/Q7^&TM[F423O;/&@E*IF,,RC:^YI/\ .X/17\I?>FSK M_"?Q#ND\1?$67Q;J@&C^'KQ5@)A4>1'E^/D7_(SYBNH:[I:?&B\\*^:-1CU"+:\*Y M>--[AV7W"[CGMU[5@VEUX:O_ (A?#K4]"O\ 6]7G-\D>IZQJSRN3,=I2WWOA M7X=#TC2OC+J.L^+_%VDRZ-JMA:Z? MZVMQ%IXD-DT<'_B5\5]%U>5K:^UJV:6PC:)L3JL$K MDAL8'![D9Y YIEKHD^H_LG:%JNG?+J/A]VU6U8#)!BFUH MW^=[_=^@YIN;BN[M]RL>Q-X\TE?'T_A+9<&\MK'[=M>5?%O_DHWPR_ M[#+?^R5-O?7FTOQ"[Y&^R;_ N6_C#5?AOX3M8_BEJ0UWQ!?7;)9V^C6X>6Y7 MY0%1 D8)&3G('4#)) J]8_%S1]4\/:Y?6.FZLNHZ)$9+K1;FU\J\4=CLR1@] M<@G ZCI7-_$UV\*_&#PKX[U6":7P_9V\MG=SQ1&3[&S[@LC )?&'AF"S^5EI M]^GWE))22]/G=Z_=^AK>"?C;%>_#6?Q)XQL+ZT>"0CS8[,B&\=Y'"16WS$R$ M!0ISC!ZGJ:Z;PO\ %/2_$_B.309-)UO0]46#[1';:S9?9VFCS@LHW'./?'MG M!QX=I?C:ZL?V<[#2/#U_?6=YI6H"/7VLXW2XL[>2:5MRL1P20!D'@\'&:T_! M3>&W_:+T*\\*SZI>6-UILRG5=3,K/J5PJ.'<-+@L0,*< #*].]:2LYM+;7\K MW_K_ ()FVU&_7_@V_I'I_P %?%6L^+?"&HWOB&\^UW$.J3V\;^4D>V-0N!A M!W//6O./">H_&[QY87VJ:#XSTJUL[>]EM@EY;1*P*X/:W88P1SFNP_9R_P"1 M!U?_ +#=S_)*\F\(?!2V^('@37-=L;RXCURWU*>.W@=E^SRA<-M(QN!.2,[N M..*S>Z_PI_EJ:=U_>:_]*T/8? 'Q;2X^$4_B;QW<0PR:;"S;NW'4\#IN^'_ (JZ5KVH7.FOH^NZ3JD-JUW%I^J6!AFNHAG)B&2&Y&,9 M!/;H<>-ZLUEXM_9WT[_A$=)FTYO#FJI+J^EV#-YT) 8/(I;+$_-N#'.,').P MUT7P^M?!WB+XE:;J/A[Q#XY\476F0M+]NU*426MIO5E,3M(BL&/HN0?4@'&G MQ2:_K:]_F_D9[13_ *WV^1J>"_CK)JNC^)M6\1:!JD-IIDLLL*V2.-#(AF4LN\%@ ! MS@G\:\5\,2I+\-_B7X$43'Q(;R\NTL%@(?'ND^ M(OA3X T32&N)KG3;^QCO_P#1G6.W=$*!2Y7:2W) !/"GTI1][E\^3\;W*EIS M?]O?AL>U>)?BYH_AGQ>WAF72=;U'5/LRW$<.FV8G,P)^ZH#9R "QR , \]JK MZC\:-%TO78-$NM$\0'5;BP2]BL8;$23/N&?*V*Q(D !)!P!M/-8L !_:ZN20 M"1X<&/;YQ1 ?VNKDD D>'!CV^<4HZJ/G?\ #F_R!Z7\K?C;_,[GP/X\TCQ] MI4]YHZ74#VL[07-K>1>7- X[,H)'Y$_F"*Z6O(/@J OCGXFA0 !KS<#_ 'I* M]?I]$^Z3^]7#JUV;7W,****0!1110 4444 %%%% !1110 4444 %%%% !111 M0 4444 %%%% !1110 4444 %?I77T4=4^WZ %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44 M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111 M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% M!1110 4444 %%%% !1110 4444 %N_\ M8%TW_P!'WU=)0 4444 %%%0W:7$EG,EE,D%PR$12R1^8J-C@E(=7L?[9TN/5[R[D2YLK:VO=1LTAN(VGF\J1EC$:*\:XRCE"K-N&6 HM MM5U^_P#%5WX037;B"73FFE.IK;P&:=1';M&K Q^7UN&W;44D(N,9)H_K[M7^ M8>IZ/163X5U>37_".E:M/&L25F1"@=L(IP 9$'/]X4VK.P%^BLW^WK3_ )XZA_X+;C_XBC^WK3_G MCJ'_ (+;C_XBD!I45F_V]:?\\=0_\%MQ_P#$4?V]:?\ /'4/_!;V M,UL\DT2S(4,D$AC=;?$; M3[/5?C-\-;'5+2"]LYAJHEM[F(21R8MT8;E8$'! //< UZC7FWC;_DNWPP_[ MBW_I,M-MMW8;'2_\*X\$?]";X?\ _!7!_P#$T?\ "N/!'_0F^'__ 5P?_$U MTE0WER+.QGN3%+,(8VD,<*%W? SA5'4G' [FD!@_\*X\$?\ 0F^'_P#P5P?_ M !-'_"N/!'_0F^'_ /P5P?\ Q-"/\ H3?#_P#X*X/_ (FN=C^,(DE1#\._'T89@"[:&<+[G#]*3QEK M7B*T\2ZFFCR:T;;3],BNECT]+ Q*Y,N3-]HQ(5(C'$9S@'H<4F[;C2N='_PK MCP1_T)OA_P#\%<'_ ,31_P *X\$?]";X?_\ !7!_\36#J_Q2.D:H(3I)NK)A ML2\C>4!I/*,@!/E&)!D8(:7>.I3%6K?Q7XA&K76FS:78R:FUT(XK8Z@1;QHL M"R,?.$.XD[NAC!SGL,EO0E.YJ?\ "N/!'_0F^'__ 5P?_$T?\*X\$?]";X? M_P#!7!_\37.:1\6)M7E#P^&[L6?E_-,BW$FU_+#_ 'U@\G9SC=YN>^WI6MK6 MMZY/\/;/4;$0Z5J=]/:B-4<7"QK+,@ )9 #E6YXXR<'@&CS]/QV'UL_/\"[_ M ,*X\$?]";X?_P#!7!_\31_PKCP1_P!";X?_ /!7!_\ $URVL?$B]L]5TV]L MH)+BQN+4Q?8$B9B]TQA/S%(WD 02X(52<[N"<8D3XDZNAO[JY\/R)%%#:I#: ME+D2//++(A.PVXE\OY>OED_+PISP?U_7]=0.E_X5QX(_Z$WP_P#^"N#_ .)H M_P"%<>"/^A-\/_\ @K@_^)JOH7C&_P!;U2SLSH;6?F02373W+RPF,*VT>6DD M*NX)(P6"<9] "_Q/XBN]"UJ!H5\ZW32;Z[>VR%\UXF@V?-@E>'8?CT.!3MMY MW_"_^0+5V)?^%<>"/^A-\/\ _@K@_P#B:/\ A7'@C_H3?#__ (*X/_B:J_\ M"6:R)&T^31+%=8-X+:.'^TV^SL/)\[<9?)W [01M$9Y'IR.BTF^;4M+ANI(X MXI&!$D<"/^A-\/_P#@K@_^)K$\5>#/ M"^C:98WVD>&](L+R+6=,$=Q:V$44B;KZ!3AE4$9!(/J"17?US?CS_D7;7_L- M:5_Z<+>@#I**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ** M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHH MH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ M HHHH **** "BBB@ HHHH **** "BBB@ HHHH *S=>_Y!T7_ %^VO_I1'6E6 M;KW_ "#HO^OVU_\ 2B.@#2KF_ ?_ "+MU_V&M5_].%Q725S?@/\ Y%VZ_P"P MUJO_ *<+B@ L?^2IZ[_V!=-_]'WU=)7-V/\ R5/7?^P+IO\ Z/OJZ2@ HHHH M **** "BBB@ KS;QM_R7;X8?]Q;_ -)EKTFO-O&W_)=OAA_W%O\ TF6@#TFB MBB@ J!;*U2^>]6VA6[DC$;SA!O9 20I;J0"3Q[U/10 5E:EX5\/:S?)>:QH. MF7]U&H5)[JSCE=0#D ,P) !)-:M% &5+X7\/SZI+J4VAZ;)?3+MDNGM(S*XQ MC!?&2, #K65JWPY\.ZEHL>EVMC;Z5:QS^>([*SM_+9L$9:*2-XV.#U*DCL17 M544=+ 8-IX(\-6GV23^Q+">ZLX%@BO+BV22?:J[1F0C<>,_F:V&L[5[>.W>V MA:&(H8XS&"J%2"I Z#! (],"IJ* ,Z;P]HMS;/;W&D6$L#^9OB>V1E;S&W/D M$8.Y@"?4C)JM%X-\,06[P0>'-)CADB,#QI8Q!6C+;BA 7!7=SCIGFMJB@#*B M\+Z%;:;+I]GH]E:6DL+P/%:P+"/+?[RC8!@'KQWYJ[<:?9W; W5I!.1&T0,L M88[&QN7GL=JY'? ]*L44 4;_ $/2=5MYK?5-,L[V&=E>6.XMTD61EX4L&!!( MP,$],5-9:?9Z;!Y.G6D%I$ H\N"((O"A1P!V55 ]@!VJQ10 5S?CS_D7;7_L M-:5_Z<+>NDKF_'G_ "+MK_V&M*_].%O0!TE%%% !1110 4444 %%%% !1110 M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% ! M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %% M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4PSQ"X6 RH)F4NL98;B MH(!('7 R.?<5S?C'X@^'O!5C(VK:G;1WI0FWLBY:69L?*-B@M@G SC K(TQM M$U?PC_PD.H7-S%J;%'ENWA,5W:3X^6)(R"5QOVK'R'#\[]Y+ '?451T674)M M%MI-:ACAOF3,J1] <\<9.#C!(!(!R 6QDWJ "BBB@ HHHH *S=>_Y!T7_7[: M_P#I1'6E6;KW_(.B_P"OVU_]*(Z -*N;\!_\B[=?]AK5?_3A<5TE ">] %FBO/M4\8Z MYX?M=9AU.?3+VZLHK4QW-G8S;(Y)Y?+$3PB1V=APP"L"P(X'!+[/Q1KVI30: M7IFI:9/J3I/<2R7.C7-IY,1C*O#VC7R6>L:]IEA=2*&2"ZO(XG8$X!"L02"01 M7'1_!XQ2I(/B+X^8JP8!M;R#CU!3D5?\4>%]9U;4=9GT_4KRT@GL8(?LT/V? M9>@-+YD;-)&S(2K;0P( +9YQ0!V]%;6-,MM-EU"XU M&TBLH699;F2=5CC*MM(9B< AA@YZ'BO,O%WA[QOJ&MZXEF;R>TO;>:*W$;#R M/+: J(B'O%4$M_%]G)!/WL=.FM[35M$\%7"1>'_[5U :I_P"$I\/_ &6SN?[=TWR+]_+M M)?MD>VY?.-L9SASGC S4T.NZ1<7%[;P:I92S6 S>1I<(6MNO^L .4Z'KCI7G MU]H&LW.FSF'PY=2W.JV%U93FZEMD:":9U8S,$E91$?1&9QL7@GFD_P"$3UNX ML9K!M&CB-C87MNLTDZ;-1::=)5"[6+ $1G=O"X+\9&31_P '^OZ[^0OZ_K^M M+=CT.UUO2KW26U6RU.SN-.569KR*X1X0JYW'>#C P<\\8J\#D9'(KAWT?5=1 M\&^,LZ4]C=ZVLQMK&66,R FU2(;RK,@+,A/#8P1DYS5?6_#?B.5[V_TFZU%+ MXW>V%%U-UB^S?9@I C+>6#YF<-MW!L'I3_K\@Z7]?P.]2>*222..1'>(@2*K M E"1D CMP0:?7D]YX>\4G2[IM$L]9L89=065K2ZU#S[N2(0!?]:EY&V XS@S MYQC@CY:V?"&F^*;?5[:YU[^TWM"CKY4]V@,4NT9E=%ED!1@-JH)'VGYL?-\B M6]A,[^N;\>?\B[:_]AK2O_3A;UTE'_P#P:0?_ !5'_"Q_!'_0Y>'_ /P:0?\ Q5 ' M245S?_"Q_!'_ $.7A_\ \&D'_P 51_PL?P1_T.7A_P#\&D'_ ,50!TE%'_P#P:0?_ !5'_"Q_!'_0Y>'_ /P:0?\ Q5 '245S?_"Q_!'_ $.7A_\ M\&D'_P 51_PL?P1_T.7A_P#\&D'_ ,50!TE%'_P#P:0?_ !5'_"Q_ M!'_0Y>'_ /P:0?\ Q5 '245S?_"Q_!'_ $.7A_\ \&D'_P 51_PL?P1_T.7A M_P#\&D'_ ,50!TE%'_P#P:0?_ !5'_"Q_!'_0Y>'_ /P:0?\ Q5 ' M245S?_"Q_!'_ $.7A_\ \&D'_P 51_PL?P1_T.7A_P#\&D'_ ,50!TE%'_P#P:0?_ !5'_"Q_!'_0Y>'_ /P:0?\ Q5 '245S?_"Q_!'_ $.7A_\ M\&D'_P 51_PL?P1_T.7A_P#\&D'_ ,50!TE%'_P#P:0?_ !5'_"Q_ M!'_0Y>'_ /P:0?\ Q5 '245S?_"Q_!'_ $.7A_\ \&D'_P 51_PL?P1_T.7A M_P#\&D'_ ,50!TE%'_P#P:0?_ !5'_"Q_!'_0Y>'_ /P:0?\ Q5 ' M245S?_"Q_!'_ $.7A_\ \&D'_P 51_PL?P1_T.7A_P#\&D'_ ,50!TE%'_P#P:0?_ !5'_"Q_!'_0Y>'_ /P:0?\ Q5 '245S?_"Q_!'_ $.7A_\ M\&D'_P 51_PL?P1_T.7A_P#\&D'_ ,50!TE%'_P#P:0?_ !5'_"Q_ M!'_0Y>'_ /P:0?\ Q5 '245S?_"Q_!'_ $.7A_\ \&D'_P 51_PL?P1_T.7A M_P#\&D'_ ,50!TE%'_P#P:0?_ !5'_"Q_!'_0Y>'_ /P:0?\ Q5 ' M245S?_"Q_!'_ $.7A_\ \&D'_P 51_PL?P1_T.7A_P#\&D'_ ,50!TE%'_P#P:0?_ !5'_"Q_!'_0Y>'_ /P:0?\ Q5 '245S?_"Q_!'_ $.7A_\ M\&D'_P 51_PL?P1_T.7A_P#\&D'_ ,50!TE%>2^(_P!H7PQ8WW]F>&&BUO4& M.T.UTEK:(?\ :GD(7\L@^M8WVBV\9_O/B/\ %C0;6Q?KH>@ZK%#$1_=DE+;G M]QT]#0!W?B'XM^&=#OCIEE+/KVLGA--TB/[1*3Z,1\J^^3D>E9'V#XF^.>=3 MO(? NDO_ ,NUBPGOY%]&E^[']5Y'<5J>'=<^%7A.Q^R>'-=\+:?"?O>3J,&Y M_=F+;F/N2:U_^%C^"/\ H-YUPY/4EVZ9_V<"MV31-.FUJ/5I+1&OHDV+*2>!S@XZ$@,P!(R S $!CG* M_P"%C^"/^AR\/_\ @T@_^*H_X6/X(_Z'+P__ .#2#_XJ@#I**YO_ (6/X(_Z M'+P__P"#2#_XJC_A8_@C_H_Y!T7_7[:_P#I1'6;_P +'\$?]#EX?_\ !I!_ M\55:^\:^%=76VL=*\2Z/?77;VU_%)(^)T)PJL2< $_04 =;7-^ _P#D M7;K_ +#6J_\ IPN*Z2N;\!_\B[=?]AK5?_3A<4 %C_R5/7?^P+IO_H^^KI*Y MNQ_Y*GKO_8%TW_T??5TE !1110 53U:VO+S1[JVTN^&GWDL3)#=F$2^2Q'#; M"0&QZ$UFQOD213V^E.&>3=EVF\R=S+O\ MXCE6Y)W ](G\%ZM_:']LP:[:PZ[('CN+A=/8V[Q,J+M6(R[E(\M"&+GG=P0< M#LJ*;UW$M"GH^EV^AZ)9:79;OL]E D$9*X+QM_R7;X8?\ <6_] M)EKTFO-O&W_)=OAA_P!Q;_TF6FVV[L#TFBBBD 4444 %%%% !1110 4444 % M%%% !1110 4444 %?\B[:_P#8:TK_ -.% MO0!TE%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11 M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%] '35FZYXBT?PSIYO=?U*VT^W'1YY NX^ MBCJQ]ADUP7]N_$GQQ\OAS28_!NE/TU#6$$EXZ^J0#A3[/^=:>A_"'P]IVH#5 M=>:Y\3ZSU-_K$GG%3_L(?E4>G!(]: ,S_A97B+Q@?*^&'AB2>V;@:WK(:WM M/[R)]^0?3'TJ6V^$7]M7,=]\3->N_%%RK;TLR?(LH3_LPKUQTR>O<5Z4 M, =!10!!96%IIEG'::=:PVEM&,)#!&$11[*.!4]%% !1110 4444 %%%% !1 M110 4444 %9NO?\ (.B_Z_;7_P!*(ZTJS=>_Y!T7_7[:_P#I1'0!I5S?@/\ MY%VZ_P"PUJO_ *<+BNDKF_ ?_(NW7_8:U7_TX7% !8_\E3UW_L"Z;_Z/OJZ2 MN;L?^2IZ[_V!=-_]'WU=)0 4444 %%%% !1110 5YMXV_P"2[?##_N+?^DRU MZ37FWC;_ )+M\,/^XM_Z3+0!Z34-Y=P6%C/>7D@BM[>-I99#T55&2?P J:B@ M#S;_ (:#^&/_ $,W_DA<_P#QNE_X7GX011?SW%Q%H$F8K?5S:S&.:=<%XM@3 M>,*RD,1@_,!]WGTBL"#P/X?MM634H;.5;E+E[I";N8HLK[MSA"^T$[V[?Q&@ M#F(_C_\ #.65(T\3#<[!1FQN0,GW,>!5KQ/XMUK3_%=SIFER1I'!9Q3H@\/W M>H-*[M(-I>%PL8^08W#N3VKO*KQV%M%J,]^D>+F>-(I'W'YE0L5&.@QO;\Z! MG$ZA\8O#>BW\]CKD@L[BU0"YS=6YV3; QB">8)6/.-VS9G^*KNC_ !,TG7GM M8M*M;BZN+BY-NT5O/;3>3A=Q=WCF9-NW)^5BW&,9P#K7GA'2+Z_FN[A+S=.# MYL4>H7$<,F5VY:%7$9..Y7/ /4"I-/\ "^FZ;-#+";V:2!V>)[S4;BZ9"R[3 M@RNQ QVZ=^M"\_Z_K^NY.O0S==UK5TU&\MM'FMK2/3H(IKB6;39K^24R%@JI M#"ZMQLR3\V<].":K:+\0H=6\/R:@NE7LK12I:@0(JBZN#P4B$A1Q@GDR+&!^ M!QN:MX9TS6KA+B\6YBN$78)[*]FM9"N<[2\3JS+GG!)&>:CC\(Z'#HLNDV]C M]GLI)1,4@E>,K(""'5E(9&!4'*D'-)7UO_6O^0WY?U_3*UGXVLKJ&],EE>VL M]B\,=S;S*F^)Y)"BK\KE3TSD$C!!!-2:9XMAU/5/L@TV_M8Y))HH+NX6,17# MQ,5=5VN6&-I(W*H(!(S4*_#[PXLT4OV2Y+QE6);4+@^]3:'X/T_1+R2]4RSW;R3N'>:0QIYLA<[(BQ1#R 64 MC)ZT_Z_K^OO#I_7 M]?UT-^BBB@ HHHH *YOQY_R+MK_V&M*_].%O725S?CS_ )%VU_[#6E?^G"WH M Z2BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ MHHHH **** "BBB@ HHHH **** "BBB@ HJ&[O+:PM)+J^N(K:WB&Z2:9PB(/ M4D\"O/+OXOQ:M=2:?\-M$O/%EXAVO<1#R;.$_P"U,W!]<#KV- 'I-<+K_P 7 M?#FDWYTK23<>(]9)PNG:/'Y[@_[3#Y5 [Y.1Z5E#X=^*O&.)/B9XG86C@>&=$\+6 LO#VF6VGP=U@C +^[-U8^Y)- '"#2OB9 MXYYUO48O!&DO_P N6F,)KYU]&F^ZA]UY]173>%?AQX7\',9M'TU#>ODR7]R3 M-<2$]29&Y&>X&![5U-% !1110 4444 %%%% !117->*_B%X9\%H!KNIQQW+_ M .JLX09+B4GH%C7GGU.![T =+7,77BU[?QBFG"U4Z9&Z6MU>EO\ 574HW11X M]"-H)_O31 =37(WFM?$_QK8SR>&M('A+3?+9HYM0"O?W'&0J1$A(R>GSGC.< MU9T2SU&Q^'X\.ZGX-\27DUQ$QOKPW5@9)IWY:7<;K.0W*D\C:OI0!Z9169X; MGU2Y\-V,FOVC6FI&("YB9D.''!/R,R\XW8!.,XK3H **** "BBB@ K-U[_D' M1?\ 7[:_^E$=:59NO?\ (.B_Z_;7_P!*(Z -*N;\!_\ (NW7_8:U7_TX7%=) M7-^ _P#D7;K_ +#6J_\ IPN* "Q_Y*GKO_8%TW_T??5TEE %FBN/? MQIJ-@;VUUG18(=2BCMWMX+2_\^.8SRF*-6B66J66[[/>P)/ M&'&&"L 0"/7FL>^_Y*GH7_8%U+_T?8TVFG9@'V[QO_T+WA__ ,'T_P#\AT?; MO&__ $+WA_\ \'T__P AUTE%(#F_MWC?_H7O#_\ X/I__D.C[=XW_P"A>\/_ M /@^G_\ D.NDHH YO[=XW_Z%[P__ .#Z?_Y#H^W>-_\ H7O#_P#X/I__ )#K MI** .;^W>-_^A>\/_P#@^G_^0Z/MWC?_ *%[P_\ ^#Z?_P"0ZZ2B@#F_MWC? M_H7O#_\ X/I__D.C[=XW_P"A>\/_ /@^G_\ D.NDHH YO[=XW_Z%[P__ .#Z M?_Y#H^W>-_\ H7O#_P#X/I__ )#KI** .;^W>-_^A>\/_P#@^G_^0Z/MWC?_ M *%[P_\ ^#Z?_P"0ZZ2B@#F_MWC?_H7O#_\ X/I__D.C[=XW_P"A>\/_ /@^ MG_\ D.NDHH YO[=XW_Z%[P__ .#Z?_Y#JCJMIXPUZ&UL[S2=#L[=-0L[J6:+ M5YIG58;F.8A4-LH)(CQRPZUV5% !1110 4444 %%%% !1110 4444 %%%% ! M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !163J7BKP]H^[ M^UM=TVQ*]14OB&.\F/"Q64$LY;Z%5(_6@#OZ*\W' MQ@>^X\/^ _%FI _=E:P\B(_\#=OZ4?\ "3_%74O^0=X T[2E/1]3U=9,^Y6, M9'TH ](HKS?^Q?B_J7_'[XM\/:)G_H&::UQCZ><11_PJG5K_ /Y ^*+K/ MWDL9DLT;V(0'CVH ]$GN(;6$RW,T<,:]7D8*!^)KF=2^)W@?2-POO%>DJR]4 MCNEDCX_L MSPUI-LR]'CLXPW_?6,F@#G_#_B#1?BM)>S6.IM+IEA,8HK:WD>&1G'2X<\-C M.=@' QN.6P$@N/B7<>'[R;3+GP[XD\3_ &=BBZGHFEF:*7'!#G*J)%.0VS*Y M'\)RJ]CJWA^TU;R&>2>TE@!59K23RG\L\-'N'\+#J.Q ((8 C0MK:&SM8K:T MB2&")0D<<:X5%' '84 >=?\+D_ZIQ\0/_!'_P#9T?\ "Y/^JDT4 >;?\+D_P"JDT4 M>;?\+D_ZIQ\0/_!'_P#9T?\ "Y/^JDT4 >=0?$N?Q!=PZ7; M^'/$OAG[2XC;4]:TLPQ1 \81LLOF,<*N[ R?XCA6G\0V^O>&8[>P^'UQ;2W> MH2!19:H\DPBY_>7(;)8 9RP;@D@CYFP_VLMM=PI-!,I22.19*47[B;O[J@\?4DY8L2 <3:?""+5;J/4/B3KE MYXLO$.Y+>4^39PG_ &85X/ID]?2O0[2SMK"TCM;&WBMK>(;8X84"(@] !P*F MHH **** "BBB@ HHHH **"<#)K@M>^+N@Z=J+:1X?CN?$^M=!8:0GF[#_MR# MY4 [\DCN* .]KCO%'Q2\,^%KO^SY+F34M78[8]*TR/[1<.WIM7[I_P!XBL#_ M (1GX@^.OF\8ZROA;2G_ .83HDF;AU])+CM[A>"#79>%_!'ASP9:&#PYI4%H M6&))@-TLO^\YRQ_$XH XW[/\3?'G-W/'X#T9_P#EC;L)]0E7W?[L>?;YAWS7 M3>%/AMX8\',9]*L/-OWYEU&[;SKF0GJ3(W(SW"X'M7544 %%%% !1110 444 M4 %%%% !6;KW_(.B_P"OVU_]*(ZTJS=>_P"0=%_U^VO_ *41T :5NK>_M=-BU1IX+Y;\ZA)=-=W$4BN/-S!'L3Y0H M"Y"@_*HQ@D7A3Q'9ZY-XFM$TIM9O7E6YM)+F00QQO'"B[)1'N8K]G4X*+NWL M., GOJ*?]?U\M!?U_7Y^IG>'M(3P_P"&M.TB.4S+8VT<'F$8W[5 W8[9QG%< M]XCTFVUGXDZ!;WDEY&BZ3J+@V=[-:OGSK(D?\_GB#_P */4/_ (_1_P ('I'_ #^>(/\ PH]0_P#C]=)10!S?_"!Z M1_S^>(/_ H]0_\ C]'_ @>D?\ /YX@_P#"CU#_ ./UTE% '-_\('I'_/YX M@_\ "CU#_P"/T?\ "!Z1_P _GB#_ ,*/4/\ X_7244 D?\_GB#_P * M/4/_ (_1_P ('I'_ #^>(/\ PH]0_P#C]=)10!S?_"!Z1_S^>(/_ H]0_\ MC]'_ @>D?\ /YX@_P#"CU#_ ./UTE% '-_\('I'_/YX@_\ "CU#_P"/T?\ M"!Z1_P _GB#_ ,*/4/\ X_7244 D?\_GB#_P */4/_ (_1_P ('I'_ M #^>(/\ PH]0_P#C]=)10!S?_"!Z1_S^>(/_ H]0_\ C]'_ @>D?\ /YX@ M_P#"CU#_ ./UTE% '-_\('I'_/YX@_\ "CU#_P"/T?\ "!Z1_P _GB#_ ,*/ M4/\ X_7244 D?\_GB#_P */4/_ (_1_P ('I'_ #^>(/\ PH]0_P#C M]=)10!S?_"!Z1_S^>(/_ H]0_\ C]'_ @>D?\ /YX@_P#"CU#_ ./UTE% M'-_\('I'_/YX@_\ "CU#_P"/T?\ "!Z1_P _GB#_ ,*/4/\ X_7244 D?\_GB#_P */4/_ (_1_P ('I'_ #^>(/\ PH]0_P#C]=)10!S?_"!Z1_S^ M>(/_ H]0_\ C]'_ @>D?\ /YX@_P#"CU#_ ./UTE% '-_\('I'_/YX@_\ M"CU#_P"/T?\ "!Z1_P _GB#_ ,*/4/\ X_7244 D?\_GB#_P */4/_ M (_1_P ('I'_ #^>(/\ PH]0_P#C]=)10!S?_"!Z1_S^>(/_ H]0_\ C]'_ M @>D?\ /YX@_P#"CU#_ ./UI:KXDT/0D+:UK%AIX R?M5RD?_H1%<==_'+P M-%<&VTV_N=9N1_RPTNSDG8_0@!3^= &__P ('I'_ #^>(/\ PH]0_P#C](? MFCJ"3>:^ .23XDU#C_R/7-?\+&\8ZJ/^*9^&.K%6Z2ZS<1V.T>I0Y)^@JO?Z M'\6?%MC)9ZOJ7AO0+&< /'9PRW,NW.=K;B%/3! X(R#P: +UO8:!-=QEV\31 M:9<.(K74G\27_E3OG '^ORJL>%8\,>G5-VS=>#_#UC#YM[JFM6\?]^;Q/?H/ MS,]56U2\UY[OP;/';)J,,074IU16B6!QA7CC;.6<9 5@0A!W;@%WT;3X%?#Z MWD$USHK:A/T,U]=2RD_@6V_I0!GZCK?PLTHD7GCB\W#JL/BN_F(_!)R:Q?\ MA./ %U_R+\?C_P 0>G]F7VJOGZ;IEKU/3O!GAC2 /[+\.Z7:$?Q0V<:G\P,F MMJ@#Q+S]?U#_ ) 7PY\9%3T?4_&5U:;?OD'Y":NNHH YO_A ](_Y_/$'_A1ZA_\ 'Z/^$#TC M_G\\0?\ A1ZA_P#'ZZ2B@#F_^$#TC_G\\0?^%'J'_P ?H_X0/2/^?SQ!_P"% M'J'_ ,?KI** .;_X0/2/^?SQ!_X4>H?_ !^C_A ](_Y_/$'_ (4>H?\ Q^ND MHH YO_A ](_Y_/$'_A1ZA_\ 'Z/^$#TC_G\\0?\ A1ZA_P#'ZT-?\1Z=X:LX M;G5I6CCFG6%2JECDY)8XZ*JAF8]E4GM6I0!S?_"!Z1_S^>(/_"CU#_X_1_P@ M>D?\_GB#_P */4/_ (_7244 D?\_GB#_PH]0_^/T?\('I'_/YX@_\ M"CU#_P"/UTE% '-_\('I'_/YX@_\*/4/_C]'_"!Z1_S^>(/_ H]0_\ C]=) M10!S?_"!Z1_S^>(/_"CU#_X_1_P@>D?\_GB#_P */4/_ (_7244 D? M\_GB#_PH]0_^/T?\('I'_/YX@_\ "CU#_P"/UTE% '-_\('I'_/YX@_\*/4/ M_C]'_"!Z1_S^>(/_ H]0_\ C]=)10!S?_"!Z1_S^>(/_"CU#_X_1_P@>D?\ M_GB#_P */4/_ (_7244 D?\_GB#_PH]0_^/T?\('I'_/YX@_\ "CU# M_P"/UTE% '-_\('I'_/YX@_\*/4/_C]'_"!Z1_S^>(/_ H]0_\ C]=)10!S M?_"!Z1_S^>(/_"CU#_X_1_P@>D?\_GB#_P */4/_ (_7244 D?\_GB M#_PH]0_^/T?\('I'_/YX@_\ "CU#_P"/UN7^H6>E6,EYJ=W!9VL0S)-/($1! M[D\"O.Y_BQ=^(IWLOA;X?N/$$BML;4[@&WL(CZ[VP7QZ#&>Q- '2R^"-$@A> M6?4-=BC0%G=_$M^%4#N29^*\\U'Q)X;N[^32OA];^*O%^IJ<,;+Q)J"VL)]9 M)S-M ^F0?45NQ?"K4/$TR7?Q4\0S:X5;>NDV1-O8QG_=&&DQV+8/KFO0].TR MQTBQCLM*LX+*UC&$AMXPB+] .* /)M)^#NO:W(\_Q \4ZF+*8?-H-AJMU);X M_NO)-(S-[@8]C78:5\)_"6A6[0:);ZGIL+MN:.SUR]A5CZD+,!FNSILDB0QM M),ZQHHRS,< #W- '._\ "!Z1_P _GB#_ ,*/4/\ X_1_P@>D?\_GB#_PH]0_ M^/UG:U\8/ FA2>3<^(K6XN,X$%CFYX1ONW M6KNEC'C^\ V2P^E '3?\('I'_/YX@_\ "CU#_P"/TR7P3HD$+2SZAKL<:#+. M_B6_ ]R9ZYPZ%\6-?\ ^0KXITCPU W6'1[,W$F/0O+T/NM.A^"'ARYF6?Q7 M?ZSXHG4Y#:K?NZ*?9%P /8YH S-9\3?"W1)/)F\6:Q=W).U;?3_$>HW+LWI^ M[F(!^I%;'@/P'X0O_AQX;N[[PIHESA:18Z>N,'[-;K&3]2!D_C6 M _!FF7OPX\-W4]WKOFSZ3:R/Y>OWT:Y,*DX59@JCGH .U;_ /P@>D?\_GB# M_P */4/_ (_706]O#:6L5M:0QP00H(XHHE"JB@8"@#@ #C J2@#F_P#A ](_ MY_/$'_A1ZA_\?H_X0/2/^?SQ!_X4>H?_ !^NDHH YO\ X0/2/^?SQ!_X4>H? M_'Z/^$#TC_G\\0?^%'J'_P ?KI** .;_ .$#TC_G\\0?^%'J'_Q^JU]X2T[3 M%MKNVN=8>6.]MMJW.MWEQ&X.#SU%=;6;KW_(.B_Z_;7_THCH MTJYOP'_R+MU_V&M5_P#3A<5TEN_\ 8%TW M_P!'WU=)7-V/_)4]=_[ NF_^C[ZNDH H7^M6>FWUE9W/VDSWS%81#:2S#C&2 MS(I"#YARQ _(US,OQ5\,W4FH6N@:G;ZEJ&GSPQ7%LI9;?\ "P?'&K<>&_AG?QHW2?6KR.TV>YCY8_0&D_LOXP:S_P ?GB'P]X_FG;GZ4 >E5EZMXHT'003K>M:?I^!G%S\ :,0UIX7L97!SYEVIN6SZYD+"%F,&E7EYKER/^6&EV,LS?G@+^M0_\+#\:ZMQX:^&6I*C=)M:NH[/:/4Q MG+'Z UZ+;6MO9P"&T@C@B7HD2!5'X"I: /-O[/\ C#K'_'UK?AOPW&W3[#:/ M=RH/?S/E)^G%)_PJ&YU+GQ7X]\3:MG[T,-T+6!OK&@_K7I5% '$:5\&_A_H[ M![?PO932#DR7@:Y)/K^\+D<,811^ K/U_Q3H7A6S^ MU>(M5M=/B(^7SY &?_=7JQ]@#7$_\+-U[Q1F/X:^$;J^A;A=6U?-I:?[R@_/ M(/88- 'IE<+XE^,?@[PU*UJ=0.JZ@N?]!TM?M$F?0X^5?^!$5G#X8:WXGQ)\ M2O%UWJ,+?>TG2LVEI_NL1\\@]S@UUUAX'\+:9HDFD67A_3H]/E $MN;966;! MR-^X'?R #3XITI;5?%,)EO;Q;E6DBD27'FPML(9EC5(]I M'/[A<=2"R.3XV31))$_P^>-U#*RF](8'H0:Z?_A7'@C_ *$WP_\ ^"N#_P") MKH(((;6VBM[6)(8(4"1Q1J%5% P% ' '&* /.O^+W_]4_\ _)VC_B]__5/_ M /R=KTFB@#S;ROC9-Q)<^!K<#G=#'=N3[8:C[#\9_P#H+^#_ /P&N*])HH \ MV^P_&?\ Z"_@_P#\!KBC[#\9_P#H+^#_ /P&N*])HH \V_LWXRR_*^O>%(!_ M?BLYF;\F.*/[$^+_ /T-WA__ ,%C?XUZ310!YM_8GQ?_ .AN\/\ _@L;_&C^ MQ/B__P!#=X?_ /!8W^->DT4 >;?V#\79/E?QGH<0/5X]++,/H"<4?\(M\5_^ MBBZ?_P""./\ QKTFJ]QJ%E:;OM5W!!M&3YDH7'YF@#S[_A%OBO\ ]%%T_P#\ M$9H2N8B98B M58X^4D\DHWU/5:)XFUCQOD9 M<;?X>M5[;XI:1H6KZQHGCSQ!I=MJ6GW21HT4#P+-$\$4@;8SO@YD9?O'[N>, MT 0_\)C\2]/_ .0G\-8[Q!]Z;3=8B/Y1L,FC_A<2V?&N^!O%VFD?>D.F^;$/ M^!JQSW[5O0_%'P).V$\8:*#C/SWT:?S(J_!XU\*W6W[-XFT>;?\ =\N_B;=] M,-0!S-I\<_AY=2>4_B!;28?>CO+:6$K]2R@?K72Z?XU\+:MC^S/$>DW1/18; MV-F_('/<58ENM!U>'9-/IU]$#C#O'(N?3O[5CZA\+/ FJ9^U^$])RW5HK58F M/XI@T =6"&4%2"",@CO2UYP?@3X,@8MHHU716)SG3M3F3G_@3&D_X5?XBL?^ M0%\4/$D..G]H^7>_GN S0!Z117F_]B_%_3O^//Q9X>UG'3^TM->WW?7RC_G- M'_"0_%G3_P#C]\#Z/J^.IT[5A!GZ"4?YQ0!Z117F_P#PM;5;'_D/?#;Q5;8^ M\UE;I=JON2K#CKS3H_COX%1Q'JE[>Z1*>/+O].FC.?J%(_6@#T:BN8T_XD^" MM4P+'Q7I$C'HC7B(Q_X"Q!KHX+F"ZB$MK-'-&>CQL&!_$4 24444 %%%,BFB MGCWP2)(FXKN1@1D$@CCN""#[B@!]%8?B?QGX>\'67VGQ)JMO9*PRD;-F23_= M099OP%<4WB[QYXV5O^$+T5?#6DD9_MK74Q(R_P!Z.W_4%N"/2@#T#6_$&D>& M]/:^U[4;;3[9?^6EQ(%R?0=R?8-_%D?B[Q I_UUW(;QD;^ZD$>Y4YQ@$<>HKIA\4M< MUD;?!/P[UN_0\+% MK=O^6>F6ANI@/0M)A0?=:='\$M#O767QAJVN>*90=VW4K]_*!_V43: /;F@# M6UOXN^!- D,5[XCM)I\X$%F3(WW;K562 MPB/^T-V2P^F*[/1?"?A_PX@70=%L-/XP6M[=48_5@,G\36O0!YH=&^+7B#_D M)^)=&\,0-_RRTJT-S+CT+R\ ^ZT^+X(^'[N19O%NIZUXIF!W?\32__Y!T7_7[:_P#I1'6E6;KW_(.B_P"OVU_]*(Z -*N; M\!_\B[=?]AK5?_3A<5TE%?%*^'&MXY4FD M_L^.[,H8H0-KX QM/->3VD[:9<'P[%\1K+Q1#"D$QL=/TR&WCMV^WV^79XB0 MSDEL@G/))Z\^L>// EEX]T:.QO[B>)8G\Q8Q+(()CV6:-'3>N0#]Y6!'##)S MPEU:6WAJSG\,6=OX9B\F:UGF73+@)@)Z$D-';U_K MR"6R/9***;++'!"\LSK''&I9W6VG M7*VO[N,*;EV"%?*W$!E;S5 8D ]0<8)=/XQEM8H5N?#.L)>S&1DL ;9I3%&% M+RY68IM!=1C=N)/"FC;<-SIJYN^_Y*GH7_8%U+_T?8UN6%];ZGIUM?V,HFMK MJ)9H9 ,;D89!Y]C6'??\E3T+_L"ZE_Z/L:;33LPW.DHHHI %%%% !1110 44 M44 %%%% !1110 4444 %%%% !1110 4444 %%,GGBMH'GN94ABC4L\DC!54> MI)Z"O.K_ .+L6IWLFE_#;2+CQ9?H=KSP?N[* _[&+;5$N].6/-T]JK/#+,6"I!)*!M"G/0$[S\ MI('RO63X9ZYXP=;GXJ^('O8"0PT+2F:"S3V<_?D_'&/6N]M?#FC6.AMHUEI= MI;Z:Z%&M8H0L; C!R!USW/6@#CM:T;7+C7?[+^'7B+^PK<,9-3Q91W$-LQ&0 M(PWW9&)R4'&#N.TD;X/^%.#4OF\6>-?$VM9^_ ;W[/ W_;-!Q^=>@Z?I]KI5 MBEI81>5"F<#<6)).2S,%=/=AR'ND-PV M?7,A:NO@MX;6%8;6&.&)>B1J%4?@*DHH **** "BBN?\3>._#'@Z+=XCUFVL MW(RL!;=*_P!(URQ_*@#H*;)(D,;22NJ(HRS,< #U)KS7_A.O&WBS"^ _"+6% MH_35O$9,*8]5A7YV'<'IZTZ/X1OKLJW/Q)\2ZAXF?=N%DK?9;)#U&(D/./4G MGN* +>J_&/PY!?-IOAM+OQ5J@'_'KHL)G"^[2#Y /4Y./2J?V+XI>,"#?WEE MX'TU^L%GB[O6'H9#\B_5>17?:5H^FZ'8K9Z-86UA;+TBMHEC7ZX'?WJ[0!Q/ MA_X2>$]"N_M\MG)K&JD@OJ.KR&ZG8^N6X!]P!7;4UW2*-GD9411EF8X 'J37 M"ZW\9O!FD77V*VU!]:U$G"V6CQ&ZD8^@*_+GV)H [RL3QIJ5SHW@+7]3L)!' M=66FW%Q Y4$*Z1,RG!X/('!KB_[?^*?BSC0/#EEX3LFZ7>MR>;<$>JPK]T^S M4R;X)1^(;>3_ (6!XMUOQ#/(A4*)1;6\3'HZ0KD!@>1G(X&0>E &QXKTW7= M\&ZUK%IXWUN6?3[">ZB2:WL"C-'&S -BV!P2.<$'W%4/^%\>#9/^/0:O=^OD M:7,=OUR!6YJ/@>]U;2[K3M1\;>()K2\A>">+RK!=\;J589%L",@D9!!KK: / M-O\ A=-G)_QY^"?&UYW/D:*3@>O+"C_A:NMS?\>?PQ\5-W_TB%(>/Q)Y]J]) MHH \V_X3[X@S?\>7PFNV[_Z1K5O#Q^(//M1_PDOQ9N/]3X TNSSS_I&LK)@? MW?D'7WZ<5Z310!YM]K^--Q_J=-\&6>>1]HGN9,#T.SO[]*/[/^,UQ_KM;\)6 M>>3]FM)Y-OL-_:O2:* /-O\ A%?BM7X6@;:%K=HH Y*# MPMK>CZIJLOAC5='L;+4;E;HVL^CO*8G$,41 9+B,8/E!ON]2>35C1O""03:G M=^(_[.U>^U&\%R\J:?Y21@0Q1!55WD/2$'.[J372T4 8,W@7PC9X0T<;NOEV:)^6T#'X5UM% '!S?!'X<3ME_"MH# MC'R/(G\F%4O^% ?#E/\ CUT6>U/@SGCM1_PIJ./_CS\?>.;8#E436B5!]<%.:])HH \V_X59KT7 M_'I\3_%"Y^]YTB2_ED<4?\(#\0(N;/XL7BGH//T:WE&/H2.?>O2:* /-O^$5 M^*T'^I^(]A=[>AN-#C3?]=IX_"FR:1\81&8SKWA2[1NOVBQE7\,#@UZ710!X MKJ'@7QY?Y.J>#?A?J!;C,=M.CCWW$9_*NW9 MO]T,=HZYY':OHVB@#YN_X17XLZ9_R"--\50@<@#Q?;SQ*/01R)G/7OSQ4L.N M?'W2V_>6-]>I_!'<:?;2?@6C=3_^LU]&44 ?.S_$7XSZI?:;HEUX<.@37UX+ M9-0BLRF3L<\^;YBX &\X&2$(!&6#GJ:]3\8>"K7QC%9^=JNKZ3<64C/#=Z3>&WE&Y=K+G!!! M&.V>.",G.)I?PEM=/UJRU&\\7^+]8%E,)XK74M6,L)< A6*A03C.>OL<@D$ MX#PU\&/'$5\=3OM6TG2]0D.Y]1DB;4[[\7EPBGME .*[5/@GHVH,)/&6M:[X MIDSDIJ%^XA!_V8TQ@>V37I-% &-HGA#P[X;4#0=#L-/(&-\%NJN?JV,G\36S M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 5FZ]_P @ MZ+_K]M?_ $HCK2K-U[_D'1?]?MK_ .E$= &E7-^ _P#D7;K_ +#6J_\ IPN* MZ2N;\!_\B[=?]AK5?_3A<4 %C_R5/7?^P+IO_H^^KI*YNQ_Y*GKO_8%TW_T? M?5TE ',>+_\ A.?/LO\ A _[#QMD^U_VSYNSJNS;Y?S9^][?I7G>JWGBJZU> M2W\9W?@N6[LUMP(-$FD-W$'O+4_.DAW!" #P.NWVKO/'M_XMTN&VO/"MWX>')9)6 M5S>6Q*,SDC&%S@=P,T0W^_\ 4);'M5%%% '#W?AN6>U\5)JF@C6+2_U6&ZCL MC<*GVF-(K<9&3@D-&WR.5#;<$@'-9FGZ'JN@ZX-=T3PK);V4DN>RKF[[_ )*GH7_8%U+_ -'V-4W=W$'_ B^K_\ 0]^(/^_&G_\ R+1_ MPB^K_P#0]^(/^_&G_P#R+7244@.;_P"$7U?_ *'OQ!_WXT__ .1:/^$7U?\ MZ'OQ!_WXT_\ ^1:Z2B@#F_\ A%]7_P"A[\0?]^-/_P#D6C_A%]7_ .A[\0?] M^-/_ /D6NDHH YO_ (1?5_\ H>_$'_?C3_\ Y%H_X1?5_P#H>_$'_?C3_P#Y M%KI** .;_P"$7U?_ *'OQ!_WXT__ .1:/^$7U?\ Z'OQ!_WXT_\ ^1:Z2B@# MF_\ A%]7_P"A[\0?]^-/_P#D6C_A%]7_ .A[\0?]^-/_ /D6NDHH YO_ (1? M5_\ H>_$'_?C3_\ Y%H_X1?5_P#H>_$'_?C3_P#Y%KI** .;_P"$7U?_ *'O MQ!_WXT__ .1:/^$7U?\ Z'OQ!_WXT_\ ^1:Z2B@#F_\ A%]7_P"A[\0?]^-/ M_P#D6C_A%]7_ .A[\0?]^-/_ /D6MK4M4L-&L)+W5KR"RM8QEYKB0(H_$UYW M+\4=6\5R/:?"GP_)JJYVG6M1#6]C&>Y&<-)CT&#]: .CO-$O=/LY+J_^(FM6 MMO$-TDTT>G(B#U)-K@5YU<^,-?\ $%U)I_PMU[Q-XCG4[7U*6WL(+" ^\AM0 M7(]%QGL373V?PD_MB\CU+XFZU<>*;M&WQV9_],MU[BO1+:U@L MK6.VLX([>")=L<42!50>@ X H \H?X,:QXMLH6^)_CC4]3N4*NMMIZQ0VL9' MJAC*R'W*CZ5U]AX'N]+LH[/3/&&LVEM$,1PP6FG(BCV M<"NMHH YO\ X1?5 M_P#H>_$'_?C3_P#Y%H_X1?5_^A[\0?\ ?C3_ /Y%KI** .;_ .$7U?\ Z'OQ M!_WXT_\ ^1:/^$7U?_H>_$'_ 'XT_P#^1:Z2B@#F_P#A%]7_ .A[\0?]^-/_ M /D6C_A%]7_Z'OQ!_P!^-/\ _D6H/$_Q,\)^$I/L^JZM&]\3M2PM09KAF[#R MUR1GWP*Y[_A)/B1XO^7POX=A\+Z>W34-?.ZX(]5MU^Z?][(H Z*[T.^L+5[F M^^(>M6UO&,O+-'IR(H]23:X%>?W?CN2\NGL? GB;QAXOOD.T_P!GVE@MM&?] MN=K3:![C(KI;3X.:;>74=]X\U;4/%]\AW#[?)MMHS_L0+\H'L,_'EQI=C*>+/38X/M(7T-PD M2!3_ +H(K0T#X'Z1X8O7O='U_68[QVW-=3164\V>^))+9F'X&O2V8*I9B , MDD]*X?7?C'X+T*X^R#5?[5OR<+9:4ANI6/I\OR@^Q(H U?\ A%]7_P"A[\0? M]^-/_P#D6D;PSJJ*6?QYKZJHR28=/ _\!:Y7_A)OB?XKX\->%K7PQ9-P+W7 MY"TQ'J($Y4^S9%*OP<;7'$WQ&\5ZMXF;.XV@D^RVF?\ KE&?UR* ,[7/'FAZ M+=?8H?B9XBUC4"<+8Z19V%U*Q]/EM=H/L2*S[?\ X7-XDG1]!O-0\/6.<^?X MA%D\CC_KC%;!E/L3^->MZ%X8T/PS:_9_#^DVFG1$886\04O_ +QZL?>._$&KS[MQ2W:*WMP?:'8R_C71:)\,T\-VOV?0/$VJ:=%CD M6UEIR;OJ1:Y)]S7;T4 _Y!T7_7[:_P#I1'0!I5S?@/\ Y%VZ_P"PUJO_ M *<+BNDKF_ ?_(NW7_8:U7_TX7% !8_\E3UW_L"Z;_Z/OJZ2N;L?^2IZ[_V! M=-_]'WU=)0!QGQ"MH-MAJ&J>%9O%6FV?F>=86\2SR*[!0D@@Y&_(' M6N-\O3[S1[G4] \"7?A"S$UI!-]KLH[)[I_MD!7]RA.0HS\[8^]@9YQT/Q8\ M2:9H\6F:?KWBR]\+V%]YK2W6G1.UQ+LVXC1U1O+Y?<6QD[<=S7#Z7XI\/W=G M<:+X7\=:MXJMV>UN9(]821YK=EO;==RRO&F5(;&TYP1D=31#5NWG_P '^OT" M>R_KK_7_ Y[Y1110 4444 %(/$^B>%=.-]XBU.WT M^W&<-,^"_LJ]6/L 37"?\)SXR\<_N_ASH/\ 9NFOTU[7$**R^L4/WG]B>/4" M@#T'6==TOP]ISW^N:A;V%JG66XD"@GT&>I]AS7G[?$;Q)XS8P?"[P^SVC@45YK_PLCQ?J_'A7X9ZLRMT MGUJ>.Q"^^PY)'TH_LWXP:W_Q^:]X?\,Q-T&GVC7^1;G_MF@X_.J=UX&\,?#GQ!9:OH&K>&?"8^S/;Q+J\#2M*Q(+LLC7$9)QM M&.< G^]0!;D\:^)M$NW\(Z;X9U'Q)K=DH_TZ61(;=X&)\J624_Q$ AA@99'Q M2?\ "#>-_%F'\=^+FTZT;DZ3X=!A7'HT[?.WH1T]#5WP]>?VYXR@U&'QUX8U M>2TM9(Y[;1[;;))$Q!!8_:9,!7 (.WN1GYC5GQ!\7O!?AZX^RS:PE]?$[5LM M-4W,K-_=PF0#[$B@#5\,> _#'@Z+;X=T:VM'(PT^W?,_UD;+'\ZZ$D*"2< < MDGM7F'_"6?$OQ5QX4\(0>'K-_NWWB*4B0CU$"?,I^N12CX/W6OD2?$?QAJOB M$'EK&!_L=I]/+3D_7(H UM?^,/@O0+G[(VJC4K\G:MEI:&YE9O[OR\ ^Q(K( M_P"$J^)OBKCPOX1M_#EFW2^\0RGS<>H@3E3_ +V17<:!X3T#PM;>1X>TBST] M,88P1 ,_^\W5OQ)K7H \Q7X.RZ\PF^(_BS5?$C$AFLHW^R68]O*3K]$*S_P"\W5OQ)K6HH **** "BBB@ HHHH **** " MBBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ** M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHH MH **** "BBB@ HHHH **** "BBB@ K-U[_D'1?\ 7[:_^E$=:59NO?\ (.B_ MZ_;7_P!*(Z -*N;\!_\ (NW7_8:U7_TX7%=)7-^ _P#D7;K_ +#6J_\ IPN* M "Q_Y*GKO_8%TW_T??5TE M0:E%-;Z7.;>[DB!<)* I,8P/F;YE&%R=QV]>*KR>.-!BT^*\:YN"LDCQB%;& M=IT9!E]\(3S$"@@DLH #*3U&0#H*YN^_Y*GH7_8%U+_T?8UT,,T5S;QSV\BR MQ2J'21&RKJ1D$$=017/7W_)4]"_[ NI?^C[&@-SI**** "BBB@ HHHH ***Y MR_\ B'X-TS4/L-_XHTB"Z$K1/$]XF8G4$D/S\G0CYL<\=2!0!T=%XYQ\BIDMR,9Z ]37G>M?%+7=<+1V^H:9\/M*)Y MO-8E234)5]8[;/R_\"^H- 'J?B;QEX?\'6/VOQ)JMO8H1E$=LR2?[J#+-^ K MBO\ A*O'WCOY/!.C#PSI+?\ ,9UN/,TB^L5O^H+<$>E<)IGC7X3>$;PZK:IK M/C+6B?GUBZ@:1MWJ'FVJ@'/('3N:N7_[1>H3DC3+'P_I,?\ #<:GJGVK\3'; M L/I0!Z)X?\ A)H6EZB-7UV2X\3:YU.H:L_FE3_L(?E0#MQD>M=Q--';PM+/ M(D4:C+.[ #W)KYQ'C_Q!XBYE\;:W$/ WB36<_=GDMA:V[?]M'/]*RM&T_QQIH7_ (1GX7>$ M_#1_O7%ZLC?BT*Y-;']E?&"__P"/OQ+X9TK/7[!I\D^/^_I_SF@!GVSXQ:W_ M ,>^E^'/#$+=?M=P]Y.GTV?(31_PK+Q-JQSXK^)>MW"G[T.DQQV"8_N_+DD? MJ:=_PKCQA>?\AGXIZQ+Z_8+.&S_]!SCM^OK2_P#"DM#N?^0SK_BC6?7[?K$C M9_[YV^WY"@!D?PJ^%_AV8W.K6=E-<=7GUF\,I;ZB1MOZ5H_\+%^&?AF P6OB M#0;2)>L5@Z,!C_9CS3;+X)_#FP.8?"MHYSG_ $AY)O\ T-CZUT=CX0\-:9C^ MS?#VE6F.A@LHT_D* .0/QV\%3$C2)=3UA@<;;#3)GR?094"C_A:VJWG&B?#; MQ9<9^ZUY;):*WOEF/'3G_"O1P !@#H** /./\ A*/BI?\ _'E\/=/TT'[K MZAK*2?B5C&1UZ>QJC:ZWX@T3XD:9>_%74?"^E6\FDWT=F;2X>-0QEM"RN\Q M+$ 8"_W6KU6B@#RSQ)9>$/BMX]T/31K,&K65IIM]-<1:7J*D',MH%60QG.T_ M,<9&2OM7=>'_ AX>\*P>5X=T:ST\8PS0Q .W^\WWF_$FMFB@ HHHH **** M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH * M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "LW7 MO^0=%_U^VO\ Z41UI5FZ]_R#HO\ K]M?_2B.@#2KF_ ?_(NW7_8:U7_TX7%= M)7-^ _\ D7;K_L-:K_Z<+B@ L?\ DJ>N_P#8%TW_ -'WU=)7-V/_ "5/7?\ ML"Z;_P"C[ZNDH **** "FRQ1SPO%,BR1R*5='&0P/!!'<4ZB@#S=]#GT_3O$ MJZ?I4L=M;:]9W<%K;6^T2P0QVI81)C# "-L!>I7 YJM:M0990!A2.Z]H&L M7&M7"+"68EO!V@$ MDY).EP\_^.T >!Z!^SMJ?B^WNM=U7Q>]AJEQ>W27D/V+S6619G5MSB1<[L;N M@&&%=)8?LO6=GCS]5TV]]?M&G7(S_P!^[Q:]OTK1M+T*T-KHFFVFG6[.7,-I M L2%B "VU0!G@<^U7: /);'X'VFG8^SVG@Y\=/M'AV>?_P!#O3726'@_7=+Q M_9ESX0L]O3[/X7>/'Y78]!7;44 )>1F&-N.&<': M#\PX)[CUH UJYN^_Y*GH7_8%U+_T?8UT$%Q#=6\=Q:RI-#*H>.2-@RNI&001 MP01WKG[[_DJ>A?\ 8%U+_P!'V- '24444 %%%% !1110 4444 %%%% !1110 M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% ! M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %% M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444 M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 5FZ]_R#HO\ K]M? M_2B.M*LW7O\ D'1?]?MK_P"E$= &E7-^ _\ D7;K_L-:K_Z<+BNDKF_ ?_(N MW7_8:U7_ -.%Q0 6/_)4]=_[ NF_^C[ZNDKF['_DJ>N_]@73?_1]]724 %%% M% !1110!SOCJ&"X\(SQWFK'1X#- TE\(1)Y(656R<@JHXP68%5SD\"N4?6T\ MS3-1O]FT4+0?D%6D (MY[^\GM<]X'N)&C(_V2I!'L15/Q'+JL/Q)T!M#L[.\N/[)U$-'>7; M6Z!?.LLD,L MVM#>VWF2VVKRS2+^_3&$:V0'G ^\,#GGH>MK-U[_ )!T7_7[:_\ I1'0!I5S M?@/_ )%VZ_[#6J_^G"XKI*YOP'_R+MU_V&M5_P#3A<4 %C_R5/7?^P+IO_H^ M^KI*YNQ_Y*GKO_8%TW_T??5TE !1110 4444 %%%% !7-WW_ "5/0O\ L"ZE M_P"C[&NDKF[[_DJ>A?\ 8%U+_P!'V- '24444 %%%% !1110 4444 %%%% ! M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %% M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444 M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 5FZ]_R#HO\ MK]M?_2B.M*LW7O\ D'1?]?MK_P"E$= &E7-^ _\ D7;K_L-:K_Z<+BNDKF_ M?_(NW7_8:U7_ -.%Q0 6/_)4]=_[ NF_^C[ZNDKF['_DJ>N_]@73?_1]]724 M %%%% !1110 4444 %_P"0=%_U^VO_ M *41T :5M>'-,\0)"-4AD9H" M3')!<202+N&&7?&RMM(ZKG!XR#@4FF_Z_K;<:(/!FI7.L^!]%U*_(:YNK&*6 M5@,;F* DX[9Z_C5'Q -2L_&FCZO8:)>:M;PZ?>VLJV(/^_\ MI_\ \E4?\)1J_P#T(GB#_O\ Z?\ _)5=)10!S?\ PE&K_P#0B>(/^_\ I_\ M\E4?\)1J_P#T(GB#_O\ Z?\ _)5=)10!S?\ PE&K_P#0B>(/^_\ I_\ \E56 MNO'%[97-E!<^"?$"2WTQ@MU\VP.]Q&\A'%SQ\D;G)P.,=2*WI]>T>UUB'2;G M5;&'4K@;H;.2Y19I!SRJ$[CT/0=C2?VCHU[K1TX7EC<:I8_OS:^:C3V^5V[] MF=RY5R,X'#8[T 9?_"4:O_T(GB#_ +_Z?_\ )5'_ E&K_\ 0B>(/^_^G_\ MR56_#=6]Q)-'!/'*\#^7,J."8VP&VL!T.&!P>Q'K1;W5O=Q&2TGCGC#LA>)P MP#*2K#([@@@CL010!@?\)1J__0B>(/\ O_I__P E4?\ "4:O_P!")X@_[_Z? M_P#)5=)10!S?_"4:O_T(GB#_ +_Z?_\ )5'_ E&K_\ 0B>(/^_^G_\ R572 M44 (/\ O_I__P E4?\ "4:O_P!")X@_[_Z?_P#)5=)10!S?_"4:O_T( MGB#_ +_Z?_\ )5'_ E&K_\ 0B>(/^_^G_\ R57244 (/\ O_I__P E M4?\ "4:O_P!")X@_[_Z?_P#)5;>HZE8Z18O>ZM>V]C:QXWSW,JQHN3@99B . M2!5:X\2:'::7;ZG=:SI\-ACJ&4X-R",@C@C-6?^$HU?_H1/$'_ '_T_P#^2JVT M:QTV*TLXVM[2-L06L"E4!VJ2$1?95)P.@!]*ACU[1Y=:DT>+5;%]3B7=)9+< MH9D& U9EE MXET+4M/N;[3M:TZ[L[7)N+B"[1XX<#)W,#A<#GGM0!BQ^.+V759]-3P3X@-W M;PQSRQ^;8?*DC.J'/VG!R8GX!R-O/49L_P#"4:O_ -")X@_[_P"G_P#R56G; MZEHL]C)KUK>6$EH\/SZC'*AC:-"QYD!P54E^^!EO>G7NO:1IEW:VNI:K96EQ M>-MMH9[A(WG.0,(I.6.2!QZBCK8.ES*_X2C5_P#H1/$'_?\ T_\ ^2J/^$HU M?_H1/$'_ '_T_P#^2JZ2B@#F_P#A*-7_ .A$\0?]_P#3_P#Y*H_X2C5_^A$\ M0?\ ?_3_ /Y*KI** .;_ .$HU?\ Z$3Q!_W_ -/_ /DJC_A*-7_Z$3Q!_P!_ M]/\ _DJNDHH YO\ X2C5_P#H1/$'_?\ T_\ ^2J/^$HU?_H1/$'_ '_T_P#^ M2JZ2B@#F_P#A*-7_ .A$\0?]_P#3_P#Y*H_X2C5_^A$\0?\ ?_3_ /Y*KI** M .;_ .$HU?\ Z$3Q!_W_ -/_ /DJC_A*-7_Z$3Q!_P!_]/\ _DJNDHH YO\ MX2C5_P#H1/$'_?\ T_\ ^2J/^$HU?_H1/$'_ '_T_P#^2JZ2J$^O:/:ZQ#I- MSJMC#J5P-T-G)Z9;)/?>"?$$43S10*WFV#9> M618T'%SW=U&>@SDX%6?^$HU?_H1/$'_?_3__ )*K4;4=&U#4Y=':\L;J^MMD M\MB94>6+!5D(/\ O_I__P E4?\ "4:O M_P!")X@_[_Z?_P#)5=)10!S?_"4:O_T(GB#_ +_Z?_\ )5'_ E&K_\ 0B>( M/^_^G_\ R57244 (/\ O_I__P E4?\ "4:O_P!")X@_[_Z?_P#)5=)1 M0!S?_"4:O_T(GB#_ +_Z?_\ )5'_ E&K_\ 0B>(/^_^G_\ R57244 ]U:] MM[&UCQOGN95C1.+W4[9Y[ M'P3X@EB2:6!F\VP7#Q2-&XYN>SHPST.,C(K;N/$FAVFEV^IW6LZ?#87)"P7< METBQ2D@D!7)PV0#C![595K'3_*@5K>U^TROY48*IYLC;I'VC^)C\['')Y/K0 M!B?\)1J__0B>(/\ O_I__P E4?\ "4:O_P!")X@_[_Z?_P#)5:"^)] ?6SHR M:YIK:H"5-B+N,S@@;B/+SNZ<].E:E '-_P#"4:O_ -")X@_[_P"G_P#R51_P ME&K_ /0B>(/^_P#I_P#\E5TE% '-_P#"4:O_ -")X@_[_P"G_P#R51_PE&K_ M /0B>(/^_P#I_P#\E5TE% '-_P#"4:O_ -")X@_[_P"G_P#R51_PE&K_ /0B M>(/^_P#I_P#\E5TE% '-_P#"4:O_ -")X@_[_P"G_P#R51_PE&K_ /0B>(/^ M_P#I_P#\E5TE% '-_P#"4:O_ -")X@_[_P"G_P#R51_PE&K_ /0B>(/^_P#I M_P#\E5TE% '-_P#"4:O_ -")X@_[_P"G_P#R51_PE&K_ /0B>(/^_P#I_P#\ ME5TE% '-_P#"4:O_ -")X@_[_P"G_P#R55:3QQ>Q:K!IK^"?$ N[B&2>*/S; M#YDC9%7-H=MS!;W*2/":T%8.H92&4C((/!% '.?\ "4:O_P!")X@_[_Z? M_P#)5'_"4:O_ -")X@_[_P"G_P#R57244 (/^_^G_\ R56?K'BF M^-M:)?>$M:L(9=1LHCWAN8PES%',@=9 MLBA@&5@RM@]PP!![$ T 25S?@/\ Y%VZ_P"PUJO_ *<+BNDKF_ ?_(NW7_8: MU7_TX7% !8_\E3UW_L"Z;_Z/OJZ2N;L?^2IZ[_V!=-_]'WU=)0 4444 %%%% M !1110 4444 %%%% !1110 4444 >::UKOA>^\67?AB+4M+T^1K^"YU2>\NT M666=?+,<4*.(-0N-0AC8I-%;R+< M?O&P=RJPDAVMWRN#QQZE10M%9_UM^&FPV]_Z[_YG">#O#VG0'QEHMO%+#8G5 M@I$5S(DAS:VY8F4-OW$DDMNR23DG-7OAG:P6/@UK6SB2&W@U*_CBB085%%W* M .P KK:*=]/DE]PGJOG?\PHHHI %%%% !1110 4444 %%%% !1110!ROCKQ M#HGAJUTZ_P!:$#72W6W3DN+@01^>49=S.QVJH4MECG Z L0#RUG>:%HMUI.J M:CK6F7>EW4&I>9?6\BFT^U32QR-$C [>0'"@G<=K=R:]3HI6W_K=6_KY#OM_ M7]?\.>6:=X?6Q;X9WVHV\RZNNRVE,\CLT2BQFR@5CA#D#=@#)49S@58TS7?" M^O>+[72](U+2[6WTG4IITB>[0W=[>'S!)LC)WA 76:AXKF$B?4(@&VP MP/D$ON) *B0H6^YEAGT"BCHDO+\%8+[7\_Q_K]2.W=I+:)WC:-F0$HQR5..A MJ2BBF]R5H@HHHI#"BBB@ HHHH **** "BBB@ KS36M=\+WWBR[\,1:EI>GR- M?P7.J3WEVBRRSKY9CBA1SEFPB L/E4<+EB=OI=%"WN'0\ML7@N]:TK18I?\ MB<6GB#4+C4(8V*316\BW'[QL',[+P?ILTTJZR MB1QPRH9%#VUOOEW3. [C+-\S99NIY->E44+;Y6_+_+\1MW=_ZZ_YG#?"D&+P M_J5JNF7>GQ0:M=*B74D;L?WAR"4=LL#U)/)Y!/6NYHHHZ)>2_!"ZOYA1110 M4444 %%%% !1110 4444 %49=S.Q MVJH4MECG Z L0#U5%(9Y99WFA:+=:3JFHZUIEWI=U!J7F7UO(IM/M4TLZ,T4,9M M(V9V+E-OG+M(0!F8JP(P/F6O1J**2T5@>KN%%%% !1110 4444 %%%% !111 M0 4R=HTMY&G;9&J$NV<8&.3GM3Z*35U8:W/'5U/1/&&AWW_")WNG*EAH=U9Z M1I=M<)+>31LBAG= =Z [%"H?FYW-@D*-RRM]$\::UK [O4/$ M \/:>N@&'[8PA \UD@*IF960%E5^H)(# 8KT?PK)<2^$-)>\LDL)VLXC):QQ M[%A.T?*%_A ].W2M:BKN_\ M8%TW_P!'WU=)7-V/_)4]=_[ NF_^C[ZNDH **** "BBB@ HHHH **** "BBB M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH * M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB M@ HHHH **** "BBB@ KF_ ?_ "+MU_V&M5_].%Q725S?@/\ Y%VZ_P"PUJO_ M *<+B@"C=ZK'H/Q(U.ZO[/5'M[K2;&.&6STNYNE9XYKLNI,4; $"1#@X^\*O M?\)YI'_/GX@_\)S4/_C%=)10!S?_ GFD?\ /GX@_P#" ED'A=Y);>X ?M_/U/4;A$N8'AD\N2]F="4 XML 15 R1.htm IDEA: XBRL DOCUMENT v3.6.0.2
Document and Entity Information - USD ($)
12 Months Ended
Dec. 31, 2016
Feb. 09, 2017
Jun. 30, 2016
Document and Entity Information [Abstract]      
Entity Registrant Name BADGER METER INC    
Entity Central Index Key 0000009092    
Current Fiscal Year End Date --12-31    
Entity Filer Category Large Accelerated Filer    
Document Type 10-K    
Document Period End Date Dec. 31, 2016    
Document Fiscal Year Focus 2016    
Document Fiscal Period Focus FY    
Amendment Flag false    
Entity Common Stock, Shares Outstanding   29,112,113  
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Public Float     $ 971,283,504
XML 16 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 7,338 $ 8,163
Receivables 59,818 56,643
Inventories:    
Finished goods 18,087 28,548
Work in process 17,157 13,184
Raw materials 42,457 36,864
Total inventories 77,701 78,596
Prepaid expenses and other current assets 6,155 5,926
Total current assets 151,012 149,328
Property, plant and equipment, at cost:    
Land and improvements 9,068 9,033
Buildings and improvements 65,230 59,839
Machinery and equipment 126,680 125,197
Property, plant and equipment, at cost 200,978 194,069
Less accumulated depreciation (110,784) (103,149)
Net property, plant and equipment 90,194 90,920
Intangible assets, at cost less accumulated amortization 51,872 57,348
Other assets 6,607 8,485
Deferred income taxes 700 1,421
Goodwill 49,314 47,978
Total assets 349,699 355,480
Current liabilities:    
Short-term debt 37,950 71,360
Payables 18,350 19,155
Accrued compensation and employee benefits 13,861 9,663
Warranty and after-sale costs 2,779 3,133
Income and other taxes 2,898 1,233
Total current liabilities 75,838 104,544
Other long-term liabilities 4,019 4,809
Deferred income taxes 1,901 774
Accrued non-pension postretirement benefits 5,753 5,709
Other accrued employee benefits 5,979 7,369
Commitments and contingencies (Note 6)
Shareholders’ equity:    
Common Stock, $1 par; authorized 40,000,000 shares; issued 37,121,618 shares in 2016 and 41,102,538 shares in 2015 37,122 41,103
Capital in excess of par value 28,022 31,626
Reinvested earnings 223,876 204,044
Accumulated other comprehensive loss (11,635) (12,780)
Less: Employee benefit stock (614) (768)
Treasury stock, at cost; 8,003,086 shares in 2016 and 12,052,894 shares in 2015 (20,562) (30,950)
Total shareholders’ equity 256,209 232,275
Total liabilities and shareholders’ equity $ 349,699 $ 355,480
XML 17 R3.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets (Parenthetical) - $ / shares
Dec. 31, 2016
Dec. 31, 2015
Statement of Financial Position [Abstract]    
Common stock, par value (in dollars per share) $ 1 $ 1
Common stock, shares authorized 40,000,000 40,000,000
Common stock, shares issued 37,121,618 41,102,538
Treasury stock, shares 8,003,086 12,052,894
XML 18 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net sales $ 393,761 $ 377,698 $ 364,768
Cost of sales 243,185 241,922 233,626
Gross margin 150,576 135,776 131,142
Selling, engineering and administration 99,811 93,407 85,095
Operating earnings 50,765 42,369 46,047
Interest expense, net 921 1,217 1,135
Earnings before income taxes 49,844 41,152 44,912
Provision for income taxes 17,549 15,214 15,234
Net earnings $ 32,295 $ 25,938 $ 29,678
Earnings per share:      
Basic (in dollars per share) $ 1.12 $ 0.90 $ 1.04
Diluted (in dollars per share) $ 1.11 $ 0.90 $ 1.03
Shares used in computation of earnings per share:      
Basic (in shares) 28,887 28,759 28,613
Impact of dilutive securities (in shares) 163 135 144
Diluted (in shares) 29,050 28,894 28,757
XML 19 R5.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Statement of Comprehensive Income [Abstract]      
Net earnings $ 32,295 $ 25,938 $ 29,678
Other comprehensive income :      
Foreign currency translation adjustment (328) (847) (1,721)
Pension and postretirement benefits, net of tax 1,473 (77) (2,611)
Comprehensive income $ 33,440 $ 25,014 $ 25,346
XML 20 R6.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating activities:      
Net earnings $ 32,295 $ 25,938 $ 29,678
Adjustments to reconcile net earnings to net cash provided by operations:      
Depreciation 10,715 9,993 8,891
Amortization 11,727 10,606 6,773
Deferred income taxes 710 (3,023) (1,334)
Contributions to pension plan (1,000) 0 0
Noncurrent employee benefits 660 1,261 4,417
Stock-based compensation expense 1,537 1,541 1,449
Changes in:      
Receivables (3,561) (5,511) (997)
Inventories 955 (7,116) (6,943)
Prepaid expenses and other current assets (961) (1,632) (2,060)
Liabilities other than debt 3,108 3,774 (4,139)
Total adjustments 23,890 9,893 6,057
Net cash provided by operations 56,185 35,831 35,735
Investing activities:      
Property, plant and equipment additions (10,596) (19,766) (12,332)
Acquisitions, net of cash acquired (1,800) (1,907) (20,829)
Net cash used for investing activities (12,396) (21,673) (33,161)
Financing activities:      
Net (decrease) increase in short-term debt (33,096) (3,960) 6,653
Dividends paid (12,461) (11,261) (10,633)
Proceeds from exercise of stock options 568 1,641 730
Tax benefit on stock options 0 141 38
Issuance of treasury stock 518 470 469
Net cash used for financing activities (44,471) (12,969) (2,743)
Effect of foreign exchange rates on cash (143) 318 (438)
(Decrease) Increase in cash (825) 1,507 (607)
Cash — beginning of year 8,163 6,656 7,263
Cash — end of year 7,338 8,163 6,656
Cash paid during the year for:      
Income taxes 19,723 18,167 17,218
Interest 952 1,246 1,144
Non cash transaction:      
Settlement of National Meter and Automation, Inc. payables prior to the acquisition 0 0 2,623
Settlement of United Utilities, Inc. payables prior to the acquisition $ 0 $ 2,866 $ 0
XML 21 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock at $1 par value
Capital in excess of par value
Reinvested earnings
Accumulated other comprehensive income (loss)
Employee benefit stock
Treasury stock
Beginning balance at Dec. 31, 2013 $ 196,563 $ 41,008 [1] $ 25,123 $ 170,318 $ (7,524) $ (1,075) $ (31,287)
Increase (Decrease) in Stockholders' Equity              
Net earnings 29,678     29,678      
Pension and postretirement benefits (net of tax effect) (2,611)       (2,611)    
Foreign currency translation (1,721)       (1,721)    
Cash dividends (10,631)     (10,631)      
Stock options exercised 730 38 [1] 692        
Tax benefit on stock options and dividends 38   38        
ESSOP transactions 367   214     153  
Stock-based compensation 1,449   1,449        
Issuance of treasury stock 469   314       155
Ending balance at Dec. 31, 2014 214,331 41,046 [1] 27,830 189,365 (11,856) (922) (31,132)
Increase (Decrease) in Stockholders' Equity              
Net earnings 25,938     25,938      
Pension and postretirement benefits (net of tax effect) (77)       (77)    
Foreign currency translation (847)       (847)    
Cash dividends (11,259)     (11,259)      
Stock options exercised 1,641 57 [1] 1,517       67
Tax benefit on stock options and dividends 141   141        
ESSOP transactions 396   242     154  
Stock-based compensation 1,541   1,541        
Issuance of treasury stock 470   355       115
Ending balance at Dec. 31, 2015 232,275 41,103 [1] 31,626 204,044 (12,780) (768) (30,950)
Increase (Decrease) in Stockholders' Equity              
Net earnings 32,295     32,295      
Pension and postretirement benefits (net of tax effect) 1,473       1,473    
Foreign currency translation (328)       (328)    
Cash dividends (12,463)     (12,463)      
Stock options exercised 569 19 [1] 528       22
Tax deficiency on stock options and dividends (110)   (110)        
ESSOP transactions 443   289     154  
Stock-based compensation 1,537   1,537        
Retirement of treasury stock 0 (4,000) (6,260)       10,260
Issuance of treasury stock 518   412       106
Ending balance at Dec. 31, 2016 $ 256,209 $ 37,122 [1] $ 28,022 $ 223,876 $ (11,635) $ (614) $ (20,562)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.
XML 22 R8.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Shareholders' Equity (Parenthetical)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Statement of Stockholders' Equity [Abstract]      
Tax effect on employee benefit funded status adjustment | $ $ 1,019 $ (122) $ (1,381)
Cash dividends (in dollars per share) $ 0.43 $ 0.39 $ 0.37
Issuance of treasury stock (in shares) | shares 41 70 60
Common stock, par value (in dollars per share) $ 1 $ 1  
XML 23 R9.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies

Profile

Badger Meter is an innovator in flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial customers worldwide. The Company’s products measure water, oil, chemicals and other fluids, and are known for accuracy, long-lasting durability and for providing and communicating valuable and timely measurement data. The Company’s product lines fall into two categories: sales of water meters and related technologies to municipal water utilities (municipal water) and sales of meters to various industries for water and other fluids (flow instrumentation). The Company estimates that over 85% of its products are used in water applications when both categories are grouped together.

Municipal water, the largest category by sales volume, includes mechanical and ultrasonic (electronic) water meters and related technologies and services used by municipal water utilities as the basis for generating water and wastewater revenues. The key market for the Company’s municipal water meter products is North America, primarily the United States, because most of the Company's meters are designed and manufactured to conform to standards promulgated by the American Water Works Association. The majority of water meters sold by the Company continue to be mechanical in nature. In recent years, the Company has made inroads in selling ultrasonic water meters. The development of smaller diameter ultrasonic water meters combined with advanced radio technology now provides the Company with the opportunity to sell into other geographical markets, for example Europe, the Middle East and South America. In the municipal water category, sales of water meters and related technologies and services are also commonly referred to as residential or commercial water meter sales, the latter referring to larger sizes of water meters.

Flow instrumentation includes meters and valves sold worldwide to measure and control materials flowing through a pipe or pipeline including water, air, steam, oil, and other liquids and gases. These products are used in a variety of applications, primarily into the following industries: water/wastewater; heating, ventilating and air conditioning (HVAC); oil and gas; chemical and petrochemical; test and measurement; automotive aftermarket; and the concrete construction process. Furthermore, the Company’s flow instrumentation technologies are sold to original equipment manufacturers as the primary flow measurement device within a product or system.

Consolidation
    
The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany transactions have been eliminated in consolidation.

Receivables

Receivables consist primarily of trade receivables. The Company does not require collateral or other security and evaluates the collectability of its receivables based on a number of factors. An allowance for doubtful accounts is recorded for significant past due receivable balances based on a review of the past due items and the customer's ability and likelihood to pay, as well as applying a historical write-off ratio to the remaining balances. Changes in the Company's allowance for doubtful accounts are as follows:
 
Balance at
beginning
of year
 
Provision
and reserve
adjustments
 
Write-offs
less
recoveries
 
Balance
at end
of year
 
(In thousands)
2016
$
477

 
$
2

 
$
(54
)
 
$
425

2015
$
811

 
$
(152
)
 
$
(182
)
 
$
477

2014
$
531

 
$
305

 
$
(25
)
 
$
811



Inventories
    
Inventories are valued at the lower of cost or market. Cost is determined using the first-in, first-out method. The Company estimates and records provisions for obsolete inventories. Changes to the Company's obsolete inventories reserve are as follows:
 
Balance at
beginning
of year
 
Net additions
charged to
earnings
 
Disposals
 
Balance
at end
of year
 
(In thousands)
2016
$
3,836

 
$
1,017

 
$
(1,214
)
 
$
3,639

2015
$
3,314

 
$
2,530

 
$
(2,008
)
 
$
3,836

2014
$
4,236

 
$
974

 
$
(1,896
)
 
$
3,314


Property, Plant and Equipment

Property, plant and equipment are stated at cost. Depreciation is provided over the estimated useful lives of the respective assets by the straight-line method. The estimated useful lives of assets are: for land improvements, 15 years; for buildings and improvements, 10 to 39 years; and for machinery and equipment, 3 to 20 years.

Capitalized Software and Hardware

Capitalized internal use software and hardware included in prepaid expenses and other current assets in the Consolidated Balance Sheets were $2.3 million and $2.0 million at December 31, 2016 and 2015, respectively. In addition, there was $3.3 million and $5.0 million at December 31, 2016 and 2015, respectively, included in other assets in the Consolidated Balance Sheets. These amounts are amortized on a straight-line basis over the estimated useful lives of the software and/or hardware, ranging from 1 to 5 years. Amortization expense recognized for the years ending December 31, 2016, 2015 and 2014 was $3.1 million, $2.4 million and $1.4 million, respectively.

Long-Lived Assets

Property, plant and equipment and identifiable intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If the sum of the expected undiscounted cash flows is less than the carrying value of the related asset or group of assets, a loss is recognized for the difference between the fair value and carrying value of the asset or group of assets. No adjustments were recorded as a result of these reviews during 2016, 2015 and 2014.

Intangible Assets
    
Intangible assets are amortized on a straight-line basis over their estimated useful lives, ranging from 5 to 20 years. The Company does not have any intangible assets deemed to have indefinite lives. Amortization expense recognized for 2016 and 2015 was $6.1 million and $5.5 million in 2014. Amortization expense expected to be recognized is $6.1 million in 2017, $5.9 million in each year of 2018 through 2020, $5.8 million in 2021, and $22.2 million thereafter. The carrying value and accumulated amortization by major class of intangible assets are as follows:
 
December 31, 2016
 
December 31, 2015
 
Gross carrying
amount
 
Accumulated
amortization
 
Gross carrying
amount
 
Accumulated
amortization
 
(In thousands)
Technologies
$
47,657

 
$
18,970

 
$
47,157

 
$
16,104

Non-compete agreements
2,112

 
1,670

 
2,062

 
1,455

Licenses
650

 
458

 
650

 
441

Customer lists
4,923

 
1,698

 
4,923

 
1,327

Customer relationships
20,790

 
7,416

 
20,690

 
5,494

Trade names
9,475

 
3,523

 
9,475

 
2,788

Total intangibles
$
85,607

 
$
33,735

 
$
84,957

 
$
27,609



Goodwill
    
Goodwill is tested for impairment annually during the fourth fiscal quarter or more frequently if an event indicates that the goodwill might be impaired. Potential impairment is identified by comparing the fair value of a reporting unit with its carrying value. No adjustments were recorded to goodwill as a result of these reviews during 2016, 2015 and 2014.

Goodwill was $49.3 million, $48.0 million and $47.7 million at December 31, 2016, 2015 and 2014, respectively. The increases resulted from the asset purchase of Nice Instrumentation of Manalapan Township, New Jersey in 2016 and the asset purchase of United Utilities Inc. of Smyrna, Tennessee in 2015. These acquisitions are further described in Note 3 “Acquisitions.”

Revenue Recognition
    
Revenues are generally recognized upon shipment of product, which corresponds with the transfer of title. The costs of shipping are generally billed to the customer upon shipment and are included in cost of sales. A small portion of the Company's sales includes shipments of products combined with services, such as meters sold with installation. The product and installation components of these multiple deliverable arrangements are considered separate units of accounting. The value of these separate units of accounting is determined based on their relative fair values determined on a stand-alone basis. Revenue is generally recognized when the last element of the multiple deliverable is delivered, which corresponds with installation and acceptance by the customer. The Company also sells a small number of extended support service agreements on certain products for the period subsequent to the normal support service provided with the original product sale. Revenue is recognized over the service agreement period, which is generally one year. In 2014, the company began offering software as a service with its BEACON AMA product and revenue for this service is recognized on a monthly basis as the service is performed.
Warranty and After-Sale Costs
        
The Company estimates and records provisions for warranties and other after-sale costs in the period in which the sale is recorded, based on a lag factor and historical warranty claim experience. After-sale costs represent a variety of activities outside of the written warranty policy, such as investigation of unanticipated problems after the customer has installed the product, or analysis of water quality issues. Changes in the Company's warranty and after-sale costs reserve are as follows:
 
Balance at
beginning
of year
 
Net additions
charged to
earnings
 
Adjustments to pre-existing warranties
 
Costs
incurred 
 
Balance
at end
of year
 
(In thousands)
2016
$
3,133

 
$
3,559

 
$
(554
)
 
$
(3,359
)
 
$
2,779

2015
$
1,739

 
$
1,559

 
$
1,278

 
$
(1,443
)
 
$
3,133

2014
$
882

 
$
2,255

 
$
257

 
$
(1,655
)
 
$
1,739


 
Research and Development
    
Research and development costs are charged to expense as incurred and amounted to $10.6 million in both 2016 and 2015 and $9.5 million in 2014.

 Stock-Based Compensation Plans
    
As of December 31, 2016, the Company has an Omnibus Incentive Plan under which 1,400,000 shares are reserved for restricted stock and stock option grants for employees as well as stock grants for directors as described in Note 5 “Stock Compensation.” The plan was originally approved in 2011 and replaced all prior stock-based plans except for shares and options previously issued under those plans.

The Company recognizes the cost of stock-based awards in net earnings for all of its stock-based compensation plans on a straight-line basis over the service period of the awards. The Company estimates the fair value of its option awards using the Black-Scholes option-pricing formula, and records compensation expense for stock options ratably over the stock option grant's vesting period. The Company values restricted stock and stock grants for directors on the closing price of the Company's stock on the day the grant was awarded. Total stock compensation expense recognized by the Company was $1.6 million for 2016, $1.5 million for 2015 and $1.4 million for 2014.

Healthcare
    
The Company estimates and records provisions for healthcare claims incurred but not reported, based on medical cost trend analysis, reviews of subsequent payments made and estimates of unbilled amounts.

Accumulated Other Comprehensive Loss

Components of accumulated other comprehensive loss at December 31, 2016 are as follows:
 
Pension and postretirement benefits
 
Foreign currency
 
Total
 
 
 
(In thousands)
 
 
Balance at beginning of period
$
(11,968
)
 
$
(812
)
 
$
(12,780
)
Other comprehensive income before reclassifications

 
(328
)
 
(328
)
Amounts reclassified from accumulated other comprehensive loss, net of tax of $(1.0) million
1,473

 

 
1,473

Net current period other comprehensive loss (income), net
1,473

 
(328
)
 
1,145

Accumulated other comprehensive loss
$
(10,495
)
 
$
(1,140
)
 
$
(11,635
)

Details of reclassifications out of accumulated other comprehensive loss during 2016 are as follows:
 
Amount reclassified from accumulated other comprehensive loss
 
(In thousands)
Amortization of employee benefit plan items:
 
Prior service cost (1)
$
(25
)
Settlement expense (1)
1,510

Actuarial loss (1)
1,007

Total before tax
2,492

Income tax benefit
(1,019
)
Amount reclassified out of accumulated other comprehensive loss
$
1,473


(1)
These accumulated other comprehensive loss components are included in the computation of benefit plan costs in Note 7 “Employee Benefit Plans.”
    
Components of accumulated other comprehensive loss at December 31, 2015 are as follows:
 
Pension and postretirement benefits
 
Foreign currency
 
Total
 
(In thousands)
Balance at beginning of period
$
(11,891
)
 
$
35

 
$
(11,856
)
Other comprehensive income before reclassifications
(1,317
)
 
(847
)
 
(2,164
)
Amounts reclassified from accumulated other comprehensive loss, net of tax of $(0.7) million
1,240

 

 
1,240

Net current period other comprehensive income, net
(77
)
 
(847
)
 
(924
)
Accumulated other comprehensive loss
$
(11,968
)
 
$
(812
)
 
$
(12,780
)

Details of reclassifications out of accumulated other comprehensive loss during 2015 are as follows:
 
Amount reclassified from accumulated other comprehensive loss
 
(In thousands)
Amortization of employee benefit plan items:
 
Prior service cost (1)
$
53

Settlement expense (1)
762

Actuarial loss (1)
1,153

Total before tax
1,968

Income tax benefit
(728
)
Amount reclassified out of accumulated other comprehensive loss
$
1,240


(1)
These accumulated other comprehensive loss components are included in the computation of benefit plan costs in Note 7 “Employee Benefit Plans.”

Use of Estimates
    
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.

Fair Value Measurements of Financial Instruments

The carrying amounts of cash, receivables and payables in the financial statements approximate their fair values due to the short-term nature of these financial instruments. Short-term debt is comprised of notes payable drawn against the Company's lines of credit and commercial paper. Because of its short-term nature, the carrying amount of the short-term debt also approximates fair value. Included in other assets are insurance policies on various individuals who were associated with the Company. The carrying amounts of these insurance policies approximate their fair value.

Subsequent Events

The Company evaluates subsequent events at the date of the balance sheet as well as conditions that arise after the balance sheet date but before the financial statements are issued. The effects of conditions that existed at the balance sheet date are recognized in the financial statements. Events and conditions arising after the balance sheet date but before the financial statements are issued are evaluated to determine if disclosure is required to keep the financial statements from being misleading. To the extent such events and conditions exist, if any, disclosures are made regarding the nature of events and the estimated financial effects for those events and conditions. For purposes of preparing the accompanying consolidated financial statements and the notes to these financial statements, the Company evaluated subsequent events through the date the accompanying financial statements were issued.

New Pronouncements

In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02 "Leases (Topic 842)," which requires lessees to record most leases on their balance sheets. Lessees initially recognize a lease liability (measured at the present value of the lease payments over the lease term) and a right-of-use ("ROU") asset (measured at the lease liability amount, adjusted for lease prepayments, lease incentives received and the lessee's initial direct costs). Lessees can make an accounting policy election not to recognize ROU assets and lease liabilities for leases with a lease term of 12 months or less as long as the leases do not include options to purchase the underlying assets that the lessee is reasonably certain to exercise. For lessors, the guidance modifies the classification criteria and the accounting for sales-type and direct financing leases. The ASU is effective for fiscal years beginning after December 15, 2018. Early adoption is permitted for all entities. The ASU is effective for the Company beginning on January 1, 2019 and the standard requires the use of a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. Full retrospective application is prohibited. The Company is continuing to evaluate the impact that the adoption of this guidance will have on its financial condition, results of operations and the presentation of its financial statements.

In July 2015, the FASB issued ASU 2015-11 "Simplifying the Measurement of Inventory (Topic 330)," which requires entities to measure inventories at the lower of cost or net realizable value ("NRV"). This simplifies the evaluation from the current method of lower of cost or market, where market is based on one of three measures (i.e. replacement cost, net realizable value, or net realizable value less a normal profit margin). The ASU does not apply to inventories measured under the last-in, first-out method or the retail inventory method, and defines NRV as the "estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation." The ASU is effective on a prospective basis for the Company beginning on January 1, 2017, with early adoption permitted. The adoption of ASU 2015-11 will not have a material impact on the Company's financial condition or results of operations.

In May 2014, the FASB issued accounting standards update number 2014-09 “Revenue from Contracts with Customers.” ASU 2014-09 provides a single principles-based, five-step model to be applied to all contracts with customers. The five steps are to identify the contract(s) with the customer, to identify the performance obligations in the contract, to determine the transaction price, to allocate the transaction price to the performance obligations in the contract and to recognize revenue when each performance obligation is satisfied. Revenue will be recognized when promised goods or services are transferred to the customer in an amount that reflects the consideration expected in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. During 2016, the FASB issued additional ASU’s which enhanced the originally issued guidance. These ASU’s encompassed narrow scope improvements and practical expedients along with providing further clarification on the accounting for intellectual property licenses, principal versus agent considerations and identifying performance obligations.

The Company has substantially completed the assessment phase for ASU 2014-09 and is currently documenting formal policies in anticipation of adopting the standard on January 1, 2018. The Company has identified a subset of contracts with customers where services are provided that are both uniquely beneficial and separately identifiable from product sales and thus are considered separate performance obligations under the new guidance. Each of these individual service activities is being documented in scenario development and processes are being established to recognize revenue for each unique performance obligation in accordance with the guidance, when effective. The Company continues to proactively address all potential areas of impact related to ASU 2014-09. To date, the Company has not identified any specific aspect of the new standard that it believes would significantly change the Company’s financial statements.

The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (modified retrospective method). The Company currently anticipates adopting the standard using the modified retrospective method.
XML 24 R10.htm IDEA: XBRL DOCUMENT v3.6.0.2
Common Stock
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Common Stock
Common Stock

Common Stock and Rights Agreement

The Company has Common Stock and also Common Share Purchase Rights that trade with the Common Stock. The Common Share Purchase Rights were issued pursuant to the shareholder rights plan discussed below.
    
On February 15, 2008, the Board of Directors of the Company adopted a shareholder rights plan and declared a dividend of one Common Share Purchase Right for each outstanding share of Common Stock of the Company payable to the shareholders of record on May 26, 2008. The plan was effective as of May 27, 2008. Each right entitles the registered holder to purchase from the Company one share of Common Stock at a price of $100.00 per share, subject to adjustment. Subject to certain conditions, the rights are redeemable by the Company and are exchangeable for shares of Common Stock at a favorable price. The rights have no voting power and unless the rights are redeemed, exchanged or terminated earlier, they will expire on May 26, 2018. The rights are an embedded feature of the Company’s Common Stock and not a free-standing instrument, and therefore, do not require separate accounting treatment.

On August 12, 2016, the Company announced a 2-for-1 stock split in the form of a 100% stock dividend payable on September 15, 2016 to shareholders of record at the close of business on August 31, 2016. In this report, all per share amounts and number of shares have been restated to reflect the stock split for all periods presented except for the total authorized shares which was 40 million both before and after the stock split.

Stock Options
    
Stock options to purchase 91,330 shares of the Company's Stock in 2016, 95,144 shares in 2015 and 94,134 shares in 2014 were not included in the computation of dilutive securities because their inclusion would have been anti-dilutive.
XML 25 R11.htm IDEA: XBRL DOCUMENT v3.6.0.2
Acquisitions
12 Months Ended
Dec. 31, 2016
Business Combinations [Abstract]  
Acquisitions
Acquisitions

On October 20, 2016, the Company acquired certain assets of Precision Flow Measurement, Inc., doing business as Nice Instruments, of Manalapan Township, New Jersey. The acquisition adds a new technology for the measurement of steam to the Company's HVAC line of products.

The total purchase consideration for the Nice Instruments assets was $2.0 million, which included a $0.2 million payment after the first production run that occurred in January 2017. The Company's preliminary allocation of the purchase price at December 31, 2016 included approximately $15,000 of inventory and equipment, $0.7 million of intangibles and $1.3 million of goodwill. The intangible assets acquired are primarily customer technology with an estimated average useful life of 15 years. The preliminary allocation of the purchase price to the assets acquired was based upon the estimated fair values at the date of acquisition. As of December 31, 2016, the Company had not completed its analysis for estimating the fair value of the assets acquired.

The Nice Instrumentation acquisition was accounted for under the purchase method, and accordingly, the results of operations were included in the Company's financial statements from the date of acquisition. The acquisition did not have a material impact on the Company's consolidated financial statements or the notes thereto.
  
On August 17, 2015, the Company's wholly-owned subsidiary, National Meter and Automation, Inc. (“National Meter”), acquired certain assets of United Utilities, Inc. of Smyrna, Tennessee, which was one of the Company's distributors serving Tennessee and Georgia.

The total purchase consideration for the United Utilities assets was $3.3 million, which included $0.4 million in cash and settlement of $2.9 million of pre-existing Company receivables. The Company's preliminary allocation of the purchase price at December 31, 2015 included $0.8 million of receivables, $0.4 million of inventory, $0.1 million of property, plant and equipment, $1.7 million of intangibles and $0.3 million of goodwill. The intangible assets acquired are primarily customer relationships with an estimated average useful life of 12 years. The preliminary allocation of the purchase price to the assets acquired was based upon the estimated fair values at the date of acquisition. In 2016, the Company completed its analysis for estimating the fair value of the assets acquired with no additional adjustments.

The United Utilities acquisition was accounted for under the purchase method, and accordingly, the results of operations were included in the Company's financial statements from the date of acquisition. The acquisition did not have a material impact on the Company's consolidated financial statements or the notes thereto.

On October 1, 2014, the Company acquired 100% of the outstanding common stock of National Meter and Automation, Inc. of Centennial, Colorado. The purchase was estimated to add approximately $15 million of incremental annual revenues to Badger Meter, after eliminating what would be intercompany sales. National Meter was a major distributor of Badger Meter products for the municipal water utility market, serving customers in Arizona, California, Colorado, Nevada and southern Wyoming. National Meter has become a regional distribution center for Badger Meter. In addition to its primary product line of water meters and meter reading systems, National Meter provides services including meter testing, leak detection, water audits, and meter and meter reading system installation.

The total purchase consideration for National Meter was $22.9 million, which included $20.3 million in cash, a small working capital adjustment and settlement of pre-existing Company receivables. The Consolidated Balance Sheets at December 31, 2014 included $2.5 million of deferred payments, of which $2.0 million was paid in late 2015 and early 2016 and $0.5 million is payable in early 2017 and is recorded in payables at December 31, 2016. The Company’s allocation of the purchase price as of December 31, 2014 included $3.9 million of receivables, $4.5 million of inventory, $2.8 million of property, plant and equipment, $9.8 million of intangibles, $3.0 million of goodwill, and $0.1 million of current liabilities. The intangible assets acquired are primarily customer relationships with an estimated average useful life of 12 years. The Company finalized the valuation for estimating the fair value of the assets acquired and liabilities assumed at September 30, 2015 with a small change from the preliminary December 31, 2014 estimate. There were approximately $0.4 million of transaction costs related to the acquisition that were included in selling, engineering and administration for 2014 in the Company’s Consolidated Statements of Operations.

The National Meter acquisition was accounted for under the purchase method, and accordingly, the results of operations were included in the Company’s financial statements from the date of acquisition. The acquisition did not have a material impact on the Company’s consolidated financial statements or the notes thereto.
XML 26 R12.htm IDEA: XBRL DOCUMENT v3.6.0.2
Short-term Debt and Credit Lines
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Short-term Debt and Credit Lines
Short-term Debt and Credit Lines

Short-term debt at December 31, 2016 and 2015 consisted of:
 
2016
 
2015
 
(In thousands)
Notes payable to banks
$
8,200

 
$
5,860

Commercial paper
29,750

 
65,500

Total short-term debt
$
37,950

 
$
71,360


    
Included in notes payable to banks at December 31, 2016 was $4.2 million outstanding under a 4.0 million Euro-based revolving loan facility that does not expire, and which bore interest at 1.13%. Included in notes payable to banks at December 31, 2015 was $4.4 million outstanding under a 4.0 million Euro-based revolving loan facility that does not expire, and which bore interest at 1.30%.
    
In September 2016, the Company amended its May 2012 credit agreement with its primary lender to a three-year $120.0 million line of credit that supports commercial paper (up to $70.0 million) and includes $5.0 million of a Euro line of credit. Borrowings of commercial paper bore interest at 1.49% in 2016 and 1.25% in 2015. Under the principal line of credit, the Company had $91.3 million of unused credit lines available out of the total of $94.3 million available short-term credit lines at December 31, 2016. While the facility is unsecured, there are a number of financial covenants with which the Company must comply, and the Company was in compliance as of December 31, 2016.
XML 27 R13.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Compensation
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Compensation
Stock Compensation
    
As of December 31, 2016, the Company has an Omnibus Incentive Plan under which 1,400,000 shares are reserved for restricted stock and stock options grants for employees, as well as stock grants for directors. The plan was originally approved in 2011 and replaced all prior stock-based plans except for shares and options previously issued under those plans. As of December 31, 2016 and 2015, there were 741,396 shares and 818,000 shares of the Company’s Common Stock available for grant under the 2011 Omnibus Incentive Plan. The Company recognizes the cost of stock-based awards in net earnings for all of its stock-based compensation plans on a straight-line basis over the service period of the awards. The following sections describe the three types of grants in more detail.

Stock Options

The Company estimates the fair value of its option awards using the Black-Scholes option-pricing formula, and records compensation expense for stock options ratably over the stock option grant’s vesting period. Stock option compensation expense recognized by the Company for the year ended December 31, 2016 related to stock options was $0.5 million in both 2016 and 2015 compared to $0.4 million in 2014.
     
The following table summarizes the transactions of the Company’s stock option plans for the three-year period ended December 31, 2016: 
 
Number of shares
 
Weighted-average
exercise price
Options outstanding - December 31, 2013
404,756

 
$
19.64

Options granted
47,916

 
$
27.18

Options exercised
(46,032
)
 
$
16.29

Options forfeited

 
n/a

Options outstanding - December 31, 2014
406,640

 
$
20.90

Options granted
49,510

 
$
28.33

Options exercised
(86,538
)
 
$
18.98

Options forfeited

 
n/a

Options outstanding - December 31, 2015
369,612

 
$
22.35

Options granted
42,302

 
$
33.98

Options exercised
(27,656
)
 
$
20.59

Options forfeited

 
n/a

Options outstanding - December 31, 2016
384,258

 
$
23.75

Price range $18.08 — $18.30
 
 
 
(weighted-average contractual life of 5.0 years)
106,660

 
$
18.15

Price range $18.30 — $19.35
 
 
 
(weighted-average contractual life of 4.1 years)
119,516

 
$
21.48

Price range $19.35 — $33.75
 
 
 
(weighted-average contractual life of 7.2 years)
158,082

 
$
29.25

Options outstanding - December 31, 2016
384,258

 
 
Exercisable options —
 
 
 
December 31, 2014
222,032

 
$
19.84

December 31, 2015
210,940

 
$
20.48

December 31, 2016
242,522

 
$
21.01


    
The following assumptions were used for valuing options granted in the years ended December 31:
 
2016
 
2015
Per share fair value of options granted during the period
$13.58
 
$11.54
Risk-free interest rate
1.42
%
 
1.74
%
Dividend yield
1.16
%
 
1.32
%
Volatility factor
48.3
%
 
49.5
%
Weighted-average expected life in years
5.3

 
5.3



The expected life is based on historical exercise behavior and the projected exercise of unexercised stock options. The risk-free interest rate is based on the U.S. Treasury yield curve in effect on the date of grant for the respective expected life of the option. The expected dividend yield is based on the expected annual dividends divided by the grant date market value of the Company’s Common Stock. The expected volatility is based on the historical volatility of the Company’s Common Stock.

The following table summarizes the aggregate intrinsic value related to options exercised, outstanding and exercisable as of and for the years ended December 31:
 
2016
 
2015
 
(In thousands)
Exercised
$
379

 
$
1,058

Outstanding
$
4,288

 
$
2,569

Exercisable
$
3,370

 
$
1,859


    
As of December 31, 2016, the unrecognized compensation cost related to stock options was approximately $1.2 million, which will be recognized over a weighted average period of 2.3 years.

Director Stock Grant

 Non-employee directors receive an annual award of $54,000 worth of shares of the Company’s Common Stock under the shareholder-approved 2011 Omnibus Incentive Plan. The Company values stock grants for directors on the closing price of the Company’s stock on the day the grant was awarded. The Company records compensation expense for this plan ratably over the annual service period beginning May 1. Director stock compensation expense recognized by the Company for the year ended December 31, 2016, 2015 and 2014 was $0.4 million in each year. As of December 31, 2016, the unrecognized compensation cost related to the director stock award that is expected to be recognized over the remaining four months is estimated to be approximately $0.1 million.

Restricted Stock

The Company periodically issues nonvested shares of the Company's Common Stock to certain eligible employees, generally with a three-year cliff vesting period contingent on employment. The Company values restricted stock on the closing price of the Company's stock on the day the grant was awarded. The Company records compensation expense for these plans ratably over the vesting periods. Nonvested stock compensation expense recognized by the Company for the year ended December 31, 2016 was $1.0 million compared to $1.1 million in 2015 and $1.0 million in 2014.

The fair value of nonvested shares is determined based on the market price of the shares on the grant date.
 
Shares
 
Fair value
per share
Nonvested at December 31, 2013
148,950

 
$
20.27

Granted
43,912

 
$
27.18

Vested
(48,700
)
 
$
18.30

Forfeited
(7,250
)
 
$
20.81

Nonvested at December 31, 2014
136,912

 
$
23.16

Granted
38,386

 
$
28.33

Vested
(52,150
)
 
$
18.08

Forfeited
(2,900
)
 
$
24.44

Nonvested at December 31, 2015
120,248

 
$
26.99

Granted
29,268

 
$
33.98

Vested
(40,700
)
 
$
25.56

Forfeited
(3,500
)
 
$
29.18

Nonvested at December 31, 2016
105,316

 
$
29.41



As of December 31, 2016, there was $1.1 million of unrecognized compensation cost related to nonvested restricted stock that is expected to be recognized over a weighted average period of 1.1 years.
XML 28 R14.htm IDEA: XBRL DOCUMENT v3.6.0.2
Commitments and Contingencies
12 Months Ended
Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies

Commitments

The Company makes commitments in the normal course of business. The Company leases equipment and facilities under non-cancelable operating leases, some of which contain renewal options. Total future minimum lease payments consisted of the following at December 31, 2016:
 
Total leases
 
(In thousands)
2017
$
2,437

2018
2,245

2019
1,708

2020
1,434

2021
1,359

Thereafter
3,866

Total lease obligations
$
13,049



Total rental expense charged to operations under all operating leases was $3.3 million, $3.2 million and $3.1 million in 2016, 2015 and 2014, respectively.

Contingencies
    
In the normal course of business, the Company is named in legal proceedings. There are currently no material legal proceedings pending with respect to the Company. The more significant legal proceedings are discussed below.

The Company is subject to contingencies related to environmental laws and regulations. The Company is named as one of many potentially responsible parties in two landfill lawsuits. The landfill sites are impacted by the Federal Comprehensive Environmental Response, Compensation and Liability Act and other environmental laws and regulations. At this time, the Company does not believe the ultimate resolution of these matters will have a material adverse effect on the Company’s financial position or results of operations, either from a cash flow perspective or on the financial statements as a whole. This belief is based on the Company’s assessment of its limited past involvement with these landfill sites as well as the substantial involvement of and government focus on other named third parties with these landfill sites. However, due to the inherent uncertainties of such proceedings, the Company cannot predict the ultimate outcome of any of these matters. A future change in circumstances with respect to these specific matters or with respect to sites formerly or currently owned or operated by the Company, off-site disposal locations used by the Company, and property owned by third parties that is near such sites, could result in future costs to the Company and such amounts could be material. Expenditures for compliance with environmental control provisions and regulations during 2016, 2015 and 2014 were not material.
    
Like other companies in recent years, the Company is named as a defendant in numerous pending multi-claimant/multi-defendant lawsuits alleging personal injury as a result of exposure to asbestos, manufactured by third parties, and in the past was integrated into or sold with a very limited number of the Company’s products. The Company is vigorously defending itself against these claims. Although it is not possible to predict the ultimate outcome of these matters, the Company does not believe the ultimate resolution of these issues will have a material adverse effect on the Company’s financial position or results of operations, either from a cash flow perspective or on the financial statements as a whole. This belief is based in part on the fact that no claimant has proven or substantially demonstrated asbestos exposure caused by products manufactured or sold by the Company and that a number of cases have been voluntarily dismissed.

The Company relies on single suppliers for most brass castings and certain resin and electronic subassemblies in several of its product lines. The Company believes these items would be available from other sources, but that the loss of certain suppliers would result in a higher cost of materials, delivery delays, short-term increases in inventory and higher quality control costs in the short term. The Company attempts to mitigate these risks by working closely with key suppliers, purchasing minimal amounts from alternative suppliers and by purchasing business interruption insurance where appropriate.

The Company reevaluates its exposures on a periodic basis and makes adjustments to reserves as appropriate.
XML 29 R15.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans
12 Months Ended
Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
    
The Company maintains a non-contributory defined benefit pension plan that covers substantially all U.S. employees who were employed at December 31, 2011. After that date, no further benefits are being accrued in this plan. For the frozen pension plan, benefits are based primarily on years of service and, for certain employees, levels of compensation.

The Company also maintains supplemental non-qualified plans for certain officers and other key employees, and an Employee Savings and Stock Option Plan (“ESSOP”) for the majority of the U.S. employees.

The Company also has a postretirement healthcare benefit plan that provides medical benefits for certain U.S. retirees and eligible dependents hired prior to November 1, 2004. Employees are eligible to receive postretirement healthcare benefits upon meeting certain age and service requirements. No employees hired after October 31, 2004 are eligible to receive these benefits. This plan requires employee contributions to offset benefit costs.

Amounts included in accumulated other comprehensive loss, net of tax, at December 31, 2016 that have not yet been recognized in net periodic benefit cost are as follows:
 
Pension
plans
 
Other
postretirement
benefits
 
(In thousands)
Prior service cost
$

 
$
(23
)
Net actuarial loss
$
10,398

 
$
(339
)

     
Amounts included in accumulated other comprehensive loss, net of tax, at December 31, 2016 expected to be recognized in net periodic benefit cost during the fiscal year ending December 31, 2017 are as follows:
 
Pension
plans
 
Other
postretirement
benefits
 
(In thousands)
Prior service credit
$

 
$
(16
)
Net actuarial loss
$
350

 
$



Qualified Pension Plan
    
The Company maintains a non-contributory defined benefit pension plan (sometimes referred to as the “qualified pension plan”) for certain employees. On December 31, 2010, the Company froze the qualified pension plan for its non-union participants and formed a new defined contribution feature within the ESSOP plan in which each employee received a similar benefit. On December 31, 2011, the Company froze the qualified pension plan for its union participants and included them in the same defined contribution feature within the ESSOP. After December 31, 2011, employees receive no future benefits under the qualified pension benefit plan as benefits were frozen and the employees now receive a defined contribution in its place. Employees will continue to earn returns on their frozen balances.

The following table sets forth the components of net periodic pension cost for the years ended December 31, 2016, 2015 and 2014 based on a December 31 measurement date:
 
2016
 
2015
 
2014
 
(In thousands)
Service cost — benefits earned during the year
$
3

 
$
4

 
$
4

Interest cost on projected benefit obligations
1,711

 
1,769

 
1,888

Expected return on plan assets
(2,199
)
 
(2,151
)
 
(2,806
)
Amortization of net loss
575

 
656

 
606

Settlement expense
1,510

 
762

 
858

Net periodic pension cost
$
1,600

 
$
1,040

 
$
550


Actuarial assumptions used in the determination of the net periodic pension cost are:    
 
2016
 
2015
 
2014
Discount rate
4.14
%
 
3.81
%
 
4.47
%
Expected long-term return on plan assets
5.25
%
 
5.00
%
 
6.50
%
Rate of compensation increase
n/a

 
n/a

 
n/a



The Company's discount rate assumptions for the qualified pension plan are based on the average yield of a hypothetical high quality bond portfolio with maturities that approximately match the estimated cash flow needs of the plan. The assumptions for expected long-term rates of return on assets are based on historical experience and estimated future investment returns, taking into consideration anticipated asset allocations, investment strategies and the views of various investment professionals. The use of these assumptions can cause volatility if actual results differ from expected results.

The following table provides a reconciliation of benefit obligations, plan assets and funded status based on a December 31 measurement date:
 
2016
 
2015
 
(In thousands)
Change in benefit obligation:
 
 
 
Benefit obligation at beginning of plan year
$
45,471

 
$
48,200

Service cost
3

 
4

Interest cost
1,711

 
1,769

Actuarial loss/(gain)
537

 
(906
)
Benefits paid
(5,692
)
 
(3,596
)
Projected benefit obligation at measurement date
$
42,030

 
$
45,471

 
 
 
 
Change in plan assets:
 
 
 
Fair value of plan assets at beginning of plan year
$
43,603

 
$
48,656

Actual return on plan assets
3,150

 
(1,457
)
Company contribution
1,000

 

Benefits paid
(5,692
)
 
(3,596
)
Fair value of plan assets at measurement date
$
42,061

 
$
43,603

 
 
 
 
Funded status of the plan:
 
 
 
Benefit plan assets in excess of benefit obligation
31

 

Benefit obligation in excess of plan assets

 
(1,868
)
Prepaid pension asset (accrued pension liability)
$
31

 
$
(1,868
)

    
The actuarial assumption used in the determination of the benefit obligation of the above data is:
 
2016
 
2015
Discount rate
3.94
%
 
4.14
%

    
The fair value of the qualified pension plan assets was $42.1 million at December 31, 2016 and $43.6 million at December 31, 2015. The variation in the fair value of the assets between years was due to the change in the market value of the underlying investments and benefits paid. Estimated future benefit payments expected to be paid in each of the next five years beginning with 2017 are $4.7 million, $4.2 million, $3.7 million, $4.0 million and $3.1 million, with an aggregate of $13.7 million for the five years thereafter. A voluntary contribution of $1.0 million was made in September 2016 related to the 2015 plan year. As of the most recent actuarial measurement date, the Company is not required to make a minimum contribution for the 2017 calendar year.
    
Historically, the Company employed a total return on investment approach whereby a mix of equities and fixed income investments were used to maximize the long-term return of plan assets for a prudent level of risk. Because of volatility in market returns and the plan’s current funding status, the decision was made in 2014 to move towards a liability driven investing strategy whereby the assets are primarily fixed income investments. The fixed income investments that were chosen under this strategy, while not precisely the same, are meant to parallel the investments selected in determining the discount rate used to calculate the Company’s pension liability. In November 2016, the Company further modified the investment policy to attain a portfolio that consists of intermediate and short-duration investment grade bonds along with a mid-duration long credit fund. At year end, the Company was in the process of implementing this investment policy to meet its target portfolio. The objective of this strategy is to maintain the funding status of the plan by eliminating equity exposure and minimizing interest rate risk. The remaining equity securities at year-end were diversified across various investment categories. Investment risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews, annual liability measurements and periodic asset/liability studies.
    
Accounting Standards Codification 820, “Fair Value Measurements and Disclosures,” establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. This hierarchy consists of three broad levels: Level 1 inputs consist of unadjusted quoted prices in active markets for identical assets and have the highest priority. Level 2 inputs consist of inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for determining the fair value of assets or liabilities that reflect assumptions that market participants would use in pricing assets or liabilities. The plan uses appropriate valuation techniques based on the available inputs to measure the fair value of its investments.
    
The fair value of the Company's qualified pension plan assets by category as of and for the years ended December 31:
                            
 
2016
 
Market
value
 
Quoted
prices in active
markets for
identical assets
(Level 1)
 
Significant
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
(In thousands)
Equity securities (a)
$
4,045

 
$

 
$
4,045

 
$

Fixed income funds (b)
37,527

 

 
37,527

 

Cash/cash equivalents (c)
489

 
489

 

 

Total
$
42,061

 
$
489

 
$
41,572

 
$


 
2015
 
Market
value
 
Quoted
prices in active
markets for
identical assets
(Level  1)
 
Significant
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
(In thousands)
Equity securities (a)
$
5,614

 
$

 
$
5,614

 
$

Fixed income funds (b)
36,954

 

 
36,954

 

Cash/cash equivalents (c)
1,035

 
1,035

 

 

Total
$
43,603

 
$
1,035

 
$
42,568

 
$



(a)
The Equity funds in aggregate are well diversified by market capitalization, investment style and geography. The funds seek to provide investment results approximating the aggregate price and dividend performance of securities included in the S&P 500 Index, Russell 2000 Index and MSCI All Country World ex-US Index.

(b)
The Fixed Income funds consist of bonds.  In aggregate, the funds seek to provide investment results approximating the return of the Plan’s obligations.  The funds consist of long credit bonds, intermediate credit bonds, short duration government credit bonds and bank loans.

(c)
This category comprises the cash held to pay beneficiaries. The fair value of cash equals its book value.
    
The pension plan has a separately determined accumulated benefit obligation that is the actuarial present value of benefits based upon service rendered and current and past compensation levels. Prior to December 31, 2012, this differed from the projected benefit obligation in that it included no assumption about future compensation levels. The accumulated benefit obligation was $42.0 million at December 31, 2016 and $45.5 million at December 31, 2015.

Supplemental Non-qualified Unfunded Plans

The Company also maintains supplemental non-qualified unfunded plans for certain officers and other key employees. Expense for these plans was $0.3 million for the year ended 2016, $0.2 million for the year ended 2015, and $0.3 million for the year ended 2014. The amount accrued was $1.9 million and $1.6 million as of December 31, 2016 and 2015, respectively. Amounts were determined based on similar assumptions as the qualified pension plan as of the December 31 measurement date for 2016 and 2015.

Other Postretirement Benefits
    
The Company has a postretirement plan that provides medical benefits for certain U.S. retirees and eligible dependents hired prior to November 1, 2004. The following table sets forth the components of net periodic postretirement benefit cost for the years ended December 31, 2016, 2015 and 2014:
 
2016
 
2015
 
2014
 
(In thousands)
Service cost, benefits attributed for service of active employees for the period
$
137

 
$
147

 
$
130

Interest cost on the accumulated postretirement benefit obligation
257

 
251

 
269

Amortization of prior service (credit) cost
(25
)
 
53

 
161

Net periodic postretirement benefit cost
$
369

 
$
451

 
$
560


    
The discount rate used to measure the net periodic postretirement benefit cost was 4.39% for 2016, 4.01% for 2015 and 4.73% for 2014. It is the Company's policy to fund healthcare benefits on a cash basis. Because the plan is unfunded, there are no plan assets. The following table provides a reconciliation of the projected benefit obligation at the Company's December 31 measurement date:
 
2016
 
2015
 
(In thousands)
Benefit obligation at beginning of year
$
6,100

 
$
6,767

Service cost
137

 
147

Interest cost
257

 
251

Actuarial gain
(249
)
 
(812
)
Plan participants' contributions
604

 
628

Benefits paid
(718
)
 
(881
)
Benefit obligation and funded status at end of year
$
6,131

 
$
6,100


    
The amounts recognized in the Consolidated Balance Sheets at December 31 are:
 
2016
 
2015
 
(In thousands)
Accrued compensation and employee benefits
$
378

 
$
391

Accrued non-pension postretirement benefits
5,753

 
5,709

Amounts recognized at December 31
$
6,131

 
$
6,100



The discount rate used to measure the accumulated postretirement benefit obligation was 4.15% for 2016 and 4.39% for 2015. The Company's discount rate assumptions for its postretirement benefit plan are based on the average yield of a hypothetical high quality bond portfolio with maturities that approximately match the estimated cash flow needs of the plan. Because the plan requires the Company to establish fixed Company contribution amounts for retiree healthcare benefits, future healthcare cost trends do not generally impact the Company's accruals or provisions.
    
Estimated future benefit payments of postretirement benefits, assuming increased cost sharing, expected to be paid in each of the next five years beginning with 2017 are $0.4 million through 2021, with an aggregate of $2.2 million for the five years thereafter. These amounts can vary significantly from year to year because the cost sharing estimates can vary from actual expenses as the Company is self-insured.

Badger Meter Employee Savings and Stock Ownership Plan
    
In 2010, the Company restructured the outstanding debt of its ESSOP by loaning the ESSOP $0.5 million to repay a loan to a third party and loaning the ESSOP an additional $1.0 million to purchase additional shares of the Company’s Common Stock for future 401(k) savings plan matches under a program that will expire on December 31, 2020. Under this program, the Company agreed to pay the principal and interest on the new loan amount of $1.5 million. The receivable from the ESSOP and the related obligation were therefore netted to zero on the Company’s Consolidated Balance Sheets at December 31, 2016 and 2015. The terms of the loan call for equal payments of principal with the final payment due on December 31, 2020, and prepayments are allowed under the plan terms. At December 31, 2016, $0.6 million of the loan balance remained.
    
The Company made principal payments of $154,000 in each of 2016, 2015 and 2014. The associated commitments released shares of Common Stock (11,583 shares in 2016 for the 2015 obligation, 10,157 shares in 2015 for the 2014 obligation, and 11,077 shares in 2014 for the 2013 obligation) for allocation to participants in the ESSOP. The ESSOP held unreleased shares of 101,244, 124,410 and 144,724 as of December 31, 2016, 2015 and 2014, respectively, with a fair value of $3.7 million, $3.6 million and $4.3 million as of December 31, 2016, 2015 and 2014, respectively. Unreleased shares are not considered outstanding for purposes of computing earnings per share.
    
The ESSOP includes a voluntary 401(k) savings plan that allows certain employees to defer up to 20% of their income on a pretax basis subject to limits on maximum amounts. The Company matches 25% of each employee’s contribution, with the match percentage applying to a maximum of 7% of each employee's salary. The match is paid using the Company's Common Stock released through the ESSOP loan payments. For ESSOP shares purchased prior to 1993, compensation expense is recognized based on the original purchase price of the shares released and dividends on unreleased shares are charged to compensation expense. For shares purchased in or after 1993, expense is based on the market value of the shares on the date released and dividends on unreleased shares are charged to compensation expense. Compensation expense of $0.4 million was recognized for the match for 2016 and 2015 compared to $0.3 million in 2014.
    
On December 31, 2010, the Company froze the qualified pension plan for its non-union participants and formed a new defined contribution feature within the ESSOP plan in which each employee received a similar benefit. On December 31, 2011, the Company froze the qualified pension plan for its union participants and included them in the same defined contribution feature within the ESSOP. For 2016, compensation expense under the defined contribution feature totaled $2.8 million compared to $2.3 million in 2015.
XML 30 R16.htm IDEA: XBRL DOCUMENT v3.6.0.2
Income Taxes
12 Months Ended
Dec. 31, 2016
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes    
    
The Company is subject to income taxes in the United States and numerous foreign jurisdictions. Significant judgment is required in determining the worldwide provision for income taxes and recording the related deferred tax assets and liabilities.
    
Details of earnings before income taxes are as follows:
 
2016
 
2015
 
2014
 
(In thousands)
Domestic
$
47,407

 
$
39,447

 
$
41,022

Foreign
2,437

 
1,705

 
3,890

Total
$
49,844

 
$
41,152

 
$
44,912



The provision (benefit) for income taxes is as follows:
 
2016
 
2015
 
2014
 
(In thousands)
Current:
 
Federal
$
14,435

 
$
15,324

 
$
14,362

State
1,275

 
2,227

 
1,086

Foreign
1,129

 
686

 
1,120

Deferred:
 
 
 
 
 
Federal
922

 
(2,568
)
 
(1,323
)
State
151

 
(353
)
 
208

Foreign
(363
)
 
(102
)
 
(219
)
Total
$
17,549

 
$
15,214

 
$
15,234


    
The provision for income tax from operations differs from the amount that would be provided by applying the statutory U.S. corporate income tax rate in each year due to the following items:

 
2016
 
2015
 
2014
 
(In thousands)
Provision at statutory rate
$
17,445

 
$
14,403

 
$
15,720

State income taxes, net of federal tax benefit
923

 
1,242

 
841

Foreign - tax rate differential and other
(87
)
 
(13
)
 
(454
)
Domestic production activities deduction
(560
)
 
(521
)
 
(675
)
Other
(172
)
 
103

 
(198
)
Actual provision
$
17,549

 
$
15,214

 
$
15,234


    
The components of deferred income taxes as of December 31 are as follows:
 
2016
 
2015
 
(In thousands)
Deferred tax assets:
 
 
 
Reserve for receivables and inventories
$
2,931

 
$
2,979

Accrued compensation
1,131

 
1,180

Payables
1,107

 
1,237

Non-pension postretirement benefits
2,344

 
2,337

Net operating loss and credit carryforwards
968

 
1,193

Accrued pension benefits
413

 
1,398

Accrued employee benefits
4,103

 
3,969

Other
487

 
856

Total deferred tax assets
13,484

 
15,149

 
 
 
 
Deferred tax liabilities:
 
 
 
Depreciation
5,126

 
4,652

Amortization
8,992

 
9,850

Prepaids
567

 

Total deferred tax liabilities
14,685

 
14,502

Net deferred tax (liabilities) assets
$
(1,201
)
 
$
647



Under Accounting Standards Update ("ASU") 2015-17, all deferred tax assets and liabilities are to be classified in the balance sheet as noncurrent. ASU 2015-07 is generally effective for public entities for annual periods beginning after December 15, 2016. The Company, however, elected early adoption of the principles of ASU 2015-17 with its 2015 financial statements, and in accordance with the transition rules, the Company elected to apply ASU 2015-17 prospectively.

At December 31, 2016 and 2015, the Company had federal and state net operating loss carryforwards of $1.6 million and $2.8 million, respectively. The Company's U.S. federal and state net operating loss carryforwards expire between 2029 and 2033. The Company also has an immaterial amount of net operating losses in certain jurisdictions at December 31, 2016.
    
At December 31, 2016 and 2015, the Company had federal general business credit carryforwards of $0.2 million. The Company’s U.S. federal tax credit carryforwards expire in 2033.

The Company’s federal and state net operating loss and federal and state credit carryforwards are limited on an annual basis to $1.2 million under Internal Revenue Code Section 382 and Section 383. The federal net operating loss carryforwards must be fully utilized prior to the utilization of the federal credit carryforwards.
    
No provision for federal income taxes was made on the earnings of foreign subsidiaries that are considered indefinitely invested or that would be offset by foreign tax credits upon distribution. Such undistributed earnings at December 31, 2016 were $21.9 million.
    
Changes in the Company's gross liability for unrecognized tax benefits, excluding interest and penalties, were as follows:
 
2016
 
2015
 
(In thousands)
Balance at beginning of year
$
533

 
$
846

Increases in unrecognized tax benefits as a result of positions taken during the prior period
88

 
22

Increases in unrecognized tax benefits as a result of positions taken during the current period
247

 
166

Decreases in unrecognized tax benefits relating to settlements with taxing authorities

 
(347
)
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations
(54
)
 
(154
)
Balance at end of year
$
814

 
$
533


    
The Company does not expect a significant increase or decrease to the total amount of unrecognized tax benefits during the fiscal year ending December 31, 2017. To the extent these unrecognized tax benefits are ultimately recognized, they will impact the effective tax rate.
    
The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction, and various states and foreign jurisdictions. The Company is no longer subject to U.S. federal income tax examinations by tax authorities for years prior to 2013, and, with few exceptions, state and local income tax examinations by tax authorities for years prior to 2012. The Company's policy is to recognize interest related to unrecognized tax benefits as interest expense and penalties as operating expenses. Accrued interest was less than $0.1 million and $0.1 million at December 31, 2016 and 2015, respectively, and there were no penalties accrued in either year.
    
The Company believes that it has appropriate support for the income tax positions taken and to be taken on its tax returns and that its accruals for tax liabilities are adequate for all open years based on an assessment of many factors including past experience and interpretations of tax law applied to the facts of each matter.
XML 31 R17.htm IDEA: XBRL DOCUMENT v3.6.0.2
Long-Term Debt
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Long-Term Debt
Long-Term Debt

In 2010, the Company restructured the outstanding debt of its ESSOP by loaning the ESSOP $0.5 million to repay a loan to a third party and loaning the ESSOP an additional $1.0 million to purchase additional shares of the Company’s Common Stock for future 401(k) savings plan matches under a program that will expire on December 31, 2020. Under this program, the Company agreed to pay the principal and interest on the new loan amount of $1.5 million. The receivable from the ESSOP and the related obligation were therefore netted to zero on the Company’s Consolidated Balance Sheets at December 31, 2016 and 2015. The terms of the loan call for equal payments of principal with the final payment due on December 31, 2020, and prepayments are allowed under the plan terms. At December 31, 2016, $0.6 million of the loan balance remained.
XML 32 R18.htm IDEA: XBRL DOCUMENT v3.6.0.2
Industry Segment and Geographic Areas
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Industry Segment and Geographic Areas
Industry Segment and Geographic Areas

The Company is an innovator, manufacturer and a marketer of products incorporating flow measurement, control and communication solutions, which comprise one reportable segment. The Company manages and evaluates its operations as one segment primarily due to similarities in the nature of the products, production processes, customers and methods of distribution.

Information regarding revenues by geographic area is as follows:
 
2016
 
2015
 
2014
 
(In thousands)
Revenues:
 
 
 
 
 
United States
$
347,853

 
$
322,535

 
$
309,651

Foreign:
 
 
 
 
 
Asia
6,539

 
8,299

 
10,647

Canada
12,587

 
9,095

 
12,092

Europe
15,299

 
17,036

 
19,448

Mexico
3,460

 
8,889

 
3,941

Middle East
5,520

 
9,672

 
6,221

Other
2,503

 
2,172

 
2,768

Total
$
393,761

 
$
377,698

 
$
364,768


Information regarding assets by geographic area is as follows:
 
2016
 
2015
 
(In thousands)
Long-lived assets:
 
 
 
United States
$
53,454

 
$
53,615

Foreign:
 
 
 
Europe
15,694

 
15,676

Mexico
21,046

 
21,629

Total
$
90,194

 
$
90,920

 
 
 
 
 
2016
 
2015
 
(In thousands)
Total assets:
 
 
 
United States
$
287,081

 
$
289,447

Foreign:
 
 
 
Europe
38,579

 
40,813

Mexico
24,039

 
25,220

Total
$
349,699

 
$
355,480

XML 33 R19.htm IDEA: XBRL DOCUMENT v3.6.0.2
Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends
Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends
 
Quarter ended
 
March 31
 
June 30
 
September 30
 
December 31
 
(In thousands except per share data)
2016
 
 
 
 
 
 
 
Net sales
$
100,570

 
$
103,820

 
$
96,273

 
$
93,098

Gross margin
$
39,011

 
$
39,396

 
$
38,647

 
$
33,522

Net earnings
$
7,990

 
$
9,400

 
$
8,792

 
$
6,113

Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.28

 
$
0.33

 
$
0.30

 
$
0.21

Diluted
$
0.28

 
$
0.32

 
$
0.30

 
$
0.21

Dividends declared
$
0.10

 
$
0.10

 
$
0.115

 
$
0.115

Stock price:
 
 
 
 
 
 
 
High
$
34.74

 
$
39.36

 
$
37.80

 
$
39.15

Low
$
26.40

 
$
31.72

 
$
31.90

 
$
29.30

Quarter-end close
$
33.26

 
$
36.52

 
$
33.51

 
$
36.95

 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
Net sales
$
83,644

 
$
98,896

 
$
99,388

 
$
95,770

Gross margin
$
30,075

 
$
35,143

 
$
36,101

 
$
34,457

Net earnings
$
4,227

 
$
7,901

 
$
8,327

 
$
5,483

Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.15

 
$
0.27

 
$
0.29

 
$
0.19

Diluted
$
0.15

 
$
0.27

 
$
0.29

 
$
0.19

Dividends declared
$
0.095

 
$
0.095

 
$
0.10

 
$
0.10

Stock price:
 
 
 
 
 
 
 
High
$
30.68

 
$
32.94

 
$
32.21

 
$
31.00

Low
$
27.36

 
$
29.33

 
$
25.82

 
$
27.64

Quarter-end close
$
29.97

 
$
31.75

 
$
29.03

 
$
29.30


    
The Company's Common Stock is listed on the New York Stock Exchange under the symbol BMI. Earnings per share are computed independently for each quarter. As such, the annual per share amount may not equal the sum of the quarterly amounts due to rounding. The Company currently anticipates continuing to pay cash dividends. Shareholders of record as of December 31, 2016 and 2015 totaled 922 and 948, respectively. Voting trusts and street name shareholders are counted as single shareholders for this purpose.
XML 34 R20.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies (Policies)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Consolidation
Consolidation
    
The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany transactions have been eliminated in consolidation.

Receivables
Receivables

Receivables consist primarily of trade receivables. The Company does not require collateral or other security and evaluates the collectability of its receivables based on a number of factors. An allowance for doubtful accounts is recorded for significant past due receivable balances based on a review of the past due items and the customer's ability and likelihood to pay, as well as applying a historical write-off ratio to the remaining balances.
Inventories
Inventories
    
Inventories are valued at the lower of cost or market. Cost is determined using the first-in, first-out method. The Company estimates and records provisions for obsolete inventories.
Property, Plant and Equipment
Property, Plant and Equipment

Property, plant and equipment are stated at cost. Depreciation is provided over the estimated useful lives of the respective assets by the straight-line method. The estimated useful lives of assets are: for land improvements, 15 years; for buildings and improvements, 10 to 39 years; and for machinery and equipment, 3 to 20 years.
Capitalized Software and Hardware
Capitalized Software and Hardware

Capitalized internal use software and hardware included in prepaid expenses and other current assets in the Consolidated Balance Sheets were $2.3 million and $2.0 million at December 31, 2016 and 2015, respectively. In addition, there was $3.3 million and $5.0 million at December 31, 2016 and 2015, respectively, included in other assets in the Consolidated Balance Sheets. These amounts are amortized on a straight-line basis over the estimated useful lives of the software and/or hardware, ranging from 1 to 5 years.
Long-Lived Assets
Long-Lived Assets

Property, plant and equipment and identifiable intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If the sum of the expected undiscounted cash flows is less than the carrying value of the related asset or group of assets, a loss is recognized for the difference between the fair value and carrying value of the asset or group of assets.
Intangible Assets
Intangible Assets
    
Intangible assets are amortized on a straight-line basis over their estimated useful lives, ranging from 5 to 20 years. The Company does not have any intangible assets deemed to have indefinite lives.
Goodwill
Goodwill
    
Goodwill is tested for impairment annually during the fourth fiscal quarter or more frequently if an event indicates that the goodwill might be impaired. Potential impairment is identified by comparing the fair value of a reporting unit with its carrying value.
Revenue Recognition
Revenue Recognition
    
Revenues are generally recognized upon shipment of product, which corresponds with the transfer of title. The costs of shipping are generally billed to the customer upon shipment and are included in cost of sales. A small portion of the Company's sales includes shipments of products combined with services, such as meters sold with installation. The product and installation components of these multiple deliverable arrangements are considered separate units of accounting. The value of these separate units of accounting is determined based on their relative fair values determined on a stand-alone basis. Revenue is generally recognized when the last element of the multiple deliverable is delivered, which corresponds with installation and acceptance by the customer. The Company also sells a small number of extended support service agreements on certain products for the period subsequent to the normal support service provided with the original product sale. Revenue is recognized over the service agreement period, which is generally one year. In 2014, the company began offering software as a service with its BEACON AMA product and revenue for this service is recognized on a monthly basis as the service is performed.
Warranty and After-Sale Costs
Warranty and After-Sale Costs
        
The Company estimates and records provisions for warranties and other after-sale costs in the period in which the sale is recorded, based on a lag factor and historical warranty claim experience. After-sale costs represent a variety of activities outside of the written warranty policy, such as investigation of unanticipated problems after the customer has installed the product, or analysis of water quality issues.
Research and Development
Research and Development
    
Research and development costs are charged to expense as incurred
Stock-Based Compensation Plans
 Stock-Based Compensation Plans
    
As of December 31, 2016, the Company has an Omnibus Incentive Plan under which 1,400,000 shares are reserved for restricted stock and stock option grants for employees as well as stock grants for directors as described in Note 5 “Stock Compensation.” The plan was originally approved in 2011 and replaced all prior stock-based plans except for shares and options previously issued under those plans.

The Company recognizes the cost of stock-based awards in net earnings for all of its stock-based compensation plans on a straight-line basis over the service period of the awards. The Company estimates the fair value of its option awards using the Black-Scholes option-pricing formula, and records compensation expense for stock options ratably over the stock option grant's vesting period. The Company values restricted stock and stock grants for directors on the closing price of the Company's stock on the day the grant was awarded.
Healthcare
Healthcare
    
The Company estimates and records provisions for healthcare claims incurred but not reported, based on medical cost trend analysis, reviews of subsequent payments made and estimates of unbilled amounts.
Use of Estimates
Use of Estimates
    
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.

Fair Value Measurements of Financial Instruments
Fair Value Measurements of Financial Instruments

The carrying amounts of cash, receivables and payables in the financial statements approximate their fair values due to the short-term nature of these financial instruments. Short-term debt is comprised of notes payable drawn against the Company's lines of credit and commercial paper. Because of its short-term nature, the carrying amount of the short-term debt also approximates fair value. Included in other assets are insurance policies on various individuals who were associated with the Company. The carrying amounts of these insurance policies approximate their fair value.
Subsequent Events
Subsequent Events

The Company evaluates subsequent events at the date of the balance sheet as well as conditions that arise after the balance sheet date but before the financial statements are issued. The effects of conditions that existed at the balance sheet date are recognized in the financial statements. Events and conditions arising after the balance sheet date but before the financial statements are issued are evaluated to determine if disclosure is required to keep the financial statements from being misleading. To the extent such events and conditions exist, if any, disclosures are made regarding the nature of events and the estimated financial effects for those events and conditions. For purposes of preparing the accompanying consolidated financial statements and the notes to these financial statements, the Company evaluated subsequent events through the date the accompanying financial statements were issued.
New Pronouncements
New Pronouncements

In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02 "Leases (Topic 842)," which requires lessees to record most leases on their balance sheets. Lessees initially recognize a lease liability (measured at the present value of the lease payments over the lease term) and a right-of-use ("ROU") asset (measured at the lease liability amount, adjusted for lease prepayments, lease incentives received and the lessee's initial direct costs). Lessees can make an accounting policy election not to recognize ROU assets and lease liabilities for leases with a lease term of 12 months or less as long as the leases do not include options to purchase the underlying assets that the lessee is reasonably certain to exercise. For lessors, the guidance modifies the classification criteria and the accounting for sales-type and direct financing leases. The ASU is effective for fiscal years beginning after December 15, 2018. Early adoption is permitted for all entities. The ASU is effective for the Company beginning on January 1, 2019 and the standard requires the use of a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. Full retrospective application is prohibited. The Company is continuing to evaluate the impact that the adoption of this guidance will have on its financial condition, results of operations and the presentation of its financial statements.

In July 2015, the FASB issued ASU 2015-11 "Simplifying the Measurement of Inventory (Topic 330)," which requires entities to measure inventories at the lower of cost or net realizable value ("NRV"). This simplifies the evaluation from the current method of lower of cost or market, where market is based on one of three measures (i.e. replacement cost, net realizable value, or net realizable value less a normal profit margin). The ASU does not apply to inventories measured under the last-in, first-out method or the retail inventory method, and defines NRV as the "estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation." The ASU is effective on a prospective basis for the Company beginning on January 1, 2017, with early adoption permitted. The adoption of ASU 2015-11 will not have a material impact on the Company's financial condition or results of operations.

In May 2014, the FASB issued accounting standards update number 2014-09 “Revenue from Contracts with Customers.” ASU 2014-09 provides a single principles-based, five-step model to be applied to all contracts with customers. The five steps are to identify the contract(s) with the customer, to identify the performance obligations in the contract, to determine the transaction price, to allocate the transaction price to the performance obligations in the contract and to recognize revenue when each performance obligation is satisfied. Revenue will be recognized when promised goods or services are transferred to the customer in an amount that reflects the consideration expected in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. During 2016, the FASB issued additional ASU’s which enhanced the originally issued guidance. These ASU’s encompassed narrow scope improvements and practical expedients along with providing further clarification on the accounting for intellectual property licenses, principal versus agent considerations and identifying performance obligations.

The Company has substantially completed the assessment phase for ASU 2014-09 and is currently documenting formal policies in anticipation of adopting the standard on January 1, 2018. The Company has identified a subset of contracts with customers where services are provided that are both uniquely beneficial and separately identifiable from product sales and thus are considered separate performance obligations under the new guidance. Each of these individual service activities is being documented in scenario development and processes are being established to recognize revenue for each unique performance obligation in accordance with the guidance, when effective. The Company continues to proactively address all potential areas of impact related to ASU 2014-09. To date, the Company has not identified any specific aspect of the new standard that it believes would significantly change the Company’s financial statements.

The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (modified retrospective method). The Company currently anticipates adopting the standard using the modified retrospective method.
XML 35 R21.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Schedule of Changes in Allowance for Doubtful Accounts
Changes in the Company's allowance for doubtful accounts are as follows:
 
Balance at
beginning
of year
 
Provision
and reserve
adjustments
 
Write-offs
less
recoveries
 
Balance
at end
of year
 
(In thousands)
2016
$
477

 
$
2

 
$
(54
)
 
$
425

2015
$
811

 
$
(152
)
 
$
(182
)
 
$
477

2014
$
531

 
$
305

 
$
(25
)
 
$
811

Schedule of Changes to Obsolete Inventories Reserve
Changes to the Company's obsolete inventories reserve are as follows:
 
Balance at
beginning
of year
 
Net additions
charged to
earnings
 
Disposals
 
Balance
at end
of year
 
(In thousands)
2016
$
3,836

 
$
1,017

 
$
(1,214
)
 
$
3,639

2015
$
3,314

 
$
2,530

 
$
(2,008
)
 
$
3,836

2014
$
4,236

 
$
974

 
$
(1,896
)
 
$
3,314


Schedule of Carrying Value and Accumulated Amortization of Intangible Assets
The carrying value and accumulated amortization by major class of intangible assets are as follows:
 
December 31, 2016
 
December 31, 2015
 
Gross carrying
amount
 
Accumulated
amortization
 
Gross carrying
amount
 
Accumulated
amortization
 
(In thousands)
Technologies
$
47,657

 
$
18,970

 
$
47,157

 
$
16,104

Non-compete agreements
2,112

 
1,670

 
2,062

 
1,455

Licenses
650

 
458

 
650

 
441

Customer lists
4,923

 
1,698

 
4,923

 
1,327

Customer relationships
20,790

 
7,416

 
20,690

 
5,494

Trade names
9,475

 
3,523

 
9,475

 
2,788

Total intangibles
$
85,607

 
$
33,735

 
$
84,957

 
$
27,609

Schedule of Changes in Warranty and After-Sale Costs Reserve
Changes in the Company's warranty and after-sale costs reserve are as follows:
 
Balance at
beginning
of year
 
Net additions
charged to
earnings
 
Adjustments to pre-existing warranties
 
Costs
incurred 
 
Balance
at end
of year
 
(In thousands)
2016
$
3,133

 
$
3,559

 
$
(554
)
 
$
(3,359
)
 
$
2,779

2015
$
1,739

 
$
1,559

 
$
1,278

 
$
(1,443
)
 
$
3,133

2014
$
882

 
$
2,255

 
$
257

 
$
(1,655
)
 
$
1,739

Schedule of Accumulated Other Comprehensive Loss
Components of accumulated other comprehensive loss at December 31, 2016 are as follows:
 
Pension and postretirement benefits
 
Foreign currency
 
Total
 
 
 
(In thousands)
 
 
Balance at beginning of period
$
(11,968
)
 
$
(812
)
 
$
(12,780
)
Other comprehensive income before reclassifications

 
(328
)
 
(328
)
Amounts reclassified from accumulated other comprehensive loss, net of tax of $(1.0) million
1,473

 

 
1,473

Net current period other comprehensive loss (income), net
1,473

 
(328
)
 
1,145

Accumulated other comprehensive loss
$
(10,495
)
 
$
(1,140
)
 
$
(11,635
)

Details of reclassifications out of accumulated other comprehensive loss during 2016 are as follows:
 
Amount reclassified from accumulated other comprehensive loss
 
(In thousands)
Amortization of employee benefit plan items:
 
Prior service cost (1)
$
(25
)
Settlement expense (1)
1,510

Actuarial loss (1)
1,007

Total before tax
2,492

Income tax benefit
(1,019
)
Amount reclassified out of accumulated other comprehensive loss
$
1,473


(1)
These accumulated other comprehensive loss components are included in the computation of benefit plan costs in Note 7 “Employee Benefit Plans.”
    
Components of accumulated other comprehensive loss at December 31, 2015 are as follows:
 
Pension and postretirement benefits
 
Foreign currency
 
Total
 
(In thousands)
Balance at beginning of period
$
(11,891
)
 
$
35

 
$
(11,856
)
Other comprehensive income before reclassifications
(1,317
)
 
(847
)
 
(2,164
)
Amounts reclassified from accumulated other comprehensive loss, net of tax of $(0.7) million
1,240

 

 
1,240

Net current period other comprehensive income, net
(77
)
 
(847
)
 
(924
)
Accumulated other comprehensive loss
$
(11,968
)
 
$
(812
)
 
$
(12,780
)

Details of reclassifications out of accumulated other comprehensive loss during 2015 are as follows:
 
Amount reclassified from accumulated other comprehensive loss
 
(In thousands)
Amortization of employee benefit plan items:
 
Prior service cost (1)
$
53

Settlement expense (1)
762

Actuarial loss (1)
1,153

Total before tax
1,968

Income tax benefit
(728
)
Amount reclassified out of accumulated other comprehensive loss
$
1,240


(1)
These accumulated other comprehensive loss components are included in the computation of benefit plan costs in Note 7 “Employee Benefit Plans.”
XML 36 R22.htm IDEA: XBRL DOCUMENT v3.6.0.2
Short-term Debt and Credit Lines (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Short-Term Debt
Short-term debt at December 31, 2016 and 2015 consisted of:
 
2016
 
2015
 
(In thousands)
Notes payable to banks
$
8,200

 
$
5,860

Commercial paper
29,750

 
65,500

Total short-term debt
$
37,950

 
$
71,360

XML 37 R23.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Transactions of Stock Option Plans
The following table summarizes the transactions of the Company’s stock option plans for the three-year period ended December 31, 2016: 
 
Number of shares
 
Weighted-average
exercise price
Options outstanding - December 31, 2013
404,756

 
$
19.64

Options granted
47,916

 
$
27.18

Options exercised
(46,032
)
 
$
16.29

Options forfeited

 
n/a

Options outstanding - December 31, 2014
406,640

 
$
20.90

Options granted
49,510

 
$
28.33

Options exercised
(86,538
)
 
$
18.98

Options forfeited

 
n/a

Options outstanding - December 31, 2015
369,612

 
$
22.35

Options granted
42,302

 
$
33.98

Options exercised
(27,656
)
 
$
20.59

Options forfeited

 
n/a

Options outstanding - December 31, 2016
384,258

 
$
23.75

Price range $18.08 — $18.30
 
 
 
(weighted-average contractual life of 5.0 years)
106,660

 
$
18.15

Price range $18.30 — $19.35
 
 
 
(weighted-average contractual life of 4.1 years)
119,516

 
$
21.48

Price range $19.35 — $33.75
 
 
 
(weighted-average contractual life of 7.2 years)
158,082

 
$
29.25

Options outstanding - December 31, 2016
384,258

 
 
Exercisable options —
 
 
 
December 31, 2014
222,032

 
$
19.84

December 31, 2015
210,940

 
$
20.48

December 31, 2016
242,522

 
$
21.01

Assumptions Used for Valuing Options Granted
The following assumptions were used for valuing options granted in the years ended December 31:
 
2016
 
2015
Per share fair value of options granted during the period
$13.58
 
$11.54
Risk-free interest rate
1.42
%
 
1.74
%
Dividend yield
1.16
%
 
1.32
%
Volatility factor
48.3
%
 
49.5
%
Weighted-average expected life in years
5.3

 
5.3

Summary of Aggregate Intrinsic Value Related to Options
The following table summarizes the aggregate intrinsic value related to options exercised, outstanding and exercisable as of and for the years ended December 31:
 
2016
 
2015
 
(In thousands)
Exercised
$
379

 
$
1,058

Outstanding
$
4,288

 
$
2,569

Exercisable
$
3,370

 
$
1,859

Schedule of Fair Value of Nonvested Shares
The fair value of nonvested shares is determined based on the market price of the shares on the grant date.
 
Shares
 
Fair value
per share
Nonvested at December 31, 2013
148,950

 
$
20.27

Granted
43,912

 
$
27.18

Vested
(48,700
)
 
$
18.30

Forfeited
(7,250
)
 
$
20.81

Nonvested at December 31, 2014
136,912

 
$
23.16

Granted
38,386

 
$
28.33

Vested
(52,150
)
 
$
18.08

Forfeited
(2,900
)
 
$
24.44

Nonvested at December 31, 2015
120,248

 
$
26.99

Granted
29,268

 
$
33.98

Vested
(40,700
)
 
$
25.56

Forfeited
(3,500
)
 
$
29.18

Nonvested at December 31, 2016
105,316

 
$
29.41

XML 38 R24.htm IDEA: XBRL DOCUMENT v3.6.0.2
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Lease Payments
Total future minimum lease payments consisted of the following at December 31, 2016:
 
Total leases
 
(In thousands)
2017
$
2,437

2018
2,245

2019
1,708

2020
1,434

2021
1,359

Thereafter
3,866

Total lease obligations
$
13,049

XML 39 R25.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
Schedule of Amounts Not Yet Recognized In Net Periodic Benefit Cost
Amounts included in accumulated other comprehensive loss, net of tax, at December 31, 2016 that have not yet been recognized in net periodic benefit cost are as follows:
 
Pension
plans
 
Other
postretirement
benefits
 
(In thousands)
Prior service cost
$

 
$
(23
)
Net actuarial loss
$
10,398

 
$
(339
)
Schedule of Amounts Expected to be Recognized in Net Periodic Benefit Cost
Amounts included in accumulated other comprehensive loss, net of tax, at December 31, 2016 expected to be recognized in net periodic benefit cost during the fiscal year ending December 31, 2017 are as follows:
 
Pension
plans
 
Other
postretirement
benefits
 
(In thousands)
Prior service credit
$

 
$
(16
)
Net actuarial loss
$
350

 
$

Components of Net Periodic Pension/Postretirement Benefit Cost
The following table sets forth the components of net periodic postretirement benefit cost for the years ended December 31, 2016, 2015 and 2014:
 
2016
 
2015
 
2014
 
(In thousands)
Service cost, benefits attributed for service of active employees for the period
$
137

 
$
147

 
$
130

Interest cost on the accumulated postretirement benefit obligation
257

 
251

 
269

Amortization of prior service (credit) cost
(25
)
 
53

 
161

Net periodic postretirement benefit cost
$
369

 
$
451

 
$
560

The following table sets forth the components of net periodic pension cost for the years ended December 31, 2016, 2015 and 2014 based on a December 31 measurement date:
 
2016
 
2015
 
2014
 
(In thousands)
Service cost — benefits earned during the year
$
3

 
$
4

 
$
4

Interest cost on projected benefit obligations
1,711

 
1,769

 
1,888

Expected return on plan assets
(2,199
)
 
(2,151
)
 
(2,806
)
Amortization of net loss
575

 
656

 
606

Settlement expense
1,510

 
762

 
858

Net periodic pension cost
$
1,600

 
$
1,040

 
$
550

Schedule of Actuarial Assumptions
Actuarial assumptions used in the determination of the net periodic pension cost are:    
 
2016
 
2015
 
2014
Discount rate
4.14
%
 
3.81
%
 
4.47
%
Expected long-term return on plan assets
5.25
%
 
5.00
%
 
6.50
%
Rate of compensation increase
n/a

 
n/a

 
n/a

The actuarial assumption used in the determination of the benefit obligation of the above data is:
 
2016
 
2015
Discount rate
3.94
%
 
4.14
%
Reconciliation of Benefit Obligations, Plan Assets and Funded Status
The following table provides a reconciliation of benefit obligations, plan assets and funded status based on a December 31 measurement date:
 
2016
 
2015
 
(In thousands)
Change in benefit obligation:
 
 
 
Benefit obligation at beginning of plan year
$
45,471

 
$
48,200

Service cost
3

 
4

Interest cost
1,711

 
1,769

Actuarial loss/(gain)
537

 
(906
)
Benefits paid
(5,692
)
 
(3,596
)
Projected benefit obligation at measurement date
$
42,030

 
$
45,471

 
 
 
 
Change in plan assets:
 
 
 
Fair value of plan assets at beginning of plan year
$
43,603

 
$
48,656

Actual return on plan assets
3,150

 
(1,457
)
Company contribution
1,000

 

Benefits paid
(5,692
)
 
(3,596
)
Fair value of plan assets at measurement date
$
42,061

 
$
43,603

 
 
 
 
Funded status of the plan:
 
 
 
Benefit plan assets in excess of benefit obligation
31

 

Benefit obligation in excess of plan assets

 
(1,868
)
Prepaid pension asset (accrued pension liability)
$
31

 
$
(1,868
)
Schedule of Fair Value of Qualified Pension Plan Assets
The fair value of the Company's qualified pension plan assets by category as of and for the years ended December 31:
                            
 
2016
 
Market
value
 
Quoted
prices in active
markets for
identical assets
(Level 1)
 
Significant
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
(In thousands)
Equity securities (a)
$
4,045

 
$

 
$
4,045

 
$

Fixed income funds (b)
37,527

 

 
37,527

 

Cash/cash equivalents (c)
489

 
489

 

 

Total
$
42,061

 
$
489

 
$
41,572

 
$


 
2015
 
Market
value
 
Quoted
prices in active
markets for
identical assets
(Level  1)
 
Significant
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
(In thousands)
Equity securities (a)
$
5,614

 
$

 
$
5,614

 
$

Fixed income funds (b)
36,954

 

 
36,954

 

Cash/cash equivalents (c)
1,035

 
1,035

 

 

Total
$
43,603

 
$
1,035

 
$
42,568

 
$



(a)
The Equity funds in aggregate are well diversified by market capitalization, investment style and geography. The funds seek to provide investment results approximating the aggregate price and dividend performance of securities included in the S&P 500 Index, Russell 2000 Index and MSCI All Country World ex-US Index.

(b)
The Fixed Income funds consist of bonds.  In aggregate, the funds seek to provide investment results approximating the return of the Plan’s obligations.  The funds consist of long credit bonds, intermediate credit bonds, short duration government credit bonds and bank loans.

(c)
This category comprises the cash held to pay beneficiaries. The fair value of cash equals its book value.
    
Reconciliation of Projected Benefit Obligation
The following table provides a reconciliation of the projected benefit obligation at the Company's December 31 measurement date:
 
2016
 
2015
 
(In thousands)
Benefit obligation at beginning of year
$
6,100

 
$
6,767

Service cost
137

 
147

Interest cost
257

 
251

Actuarial gain
(249
)
 
(812
)
Plan participants' contributions
604

 
628

Benefits paid
(718
)
 
(881
)
Benefit obligation and funded status at end of year
$
6,131

 
$
6,100

Schedule of Amounts Recognized in Consolidated Balance Sheets
The amounts recognized in the Consolidated Balance Sheets at December 31 are:
 
2016
 
2015
 
(In thousands)
Accrued compensation and employee benefits
$
378

 
$
391

Accrued non-pension postretirement benefits
5,753

 
5,709

Amounts recognized at December 31
$
6,131

 
$
6,100

XML 40 R26.htm IDEA: XBRL DOCUMENT v3.6.0.2
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2016
Income Tax Disclosure [Abstract]  
Details of Earnings Before Income Taxes
Details of earnings before income taxes are as follows:
 
2016
 
2015
 
2014
 
(In thousands)
Domestic
$
47,407

 
$
39,447

 
$
41,022

Foreign
2,437

 
1,705

 
3,890

Total
$
49,844

 
$
41,152

 
$
44,912

Schedule of Provision (Benefit) for Income Taxes
The provision (benefit) for income taxes is as follows:
 
2016
 
2015
 
2014
 
(In thousands)
Current:
 
Federal
$
14,435

 
$
15,324

 
$
14,362

State
1,275

 
2,227

 
1,086

Foreign
1,129

 
686

 
1,120

Deferred:
 
 
 
 
 
Federal
922

 
(2,568
)
 
(1,323
)
State
151

 
(353
)
 
208

Foreign
(363
)
 
(102
)
 
(219
)
Total
$
17,549

 
$
15,214

 
$
15,234

Reconciliation of Provision for Income Taxes
The provision for income tax from operations differs from the amount that would be provided by applying the statutory U.S. corporate income tax rate in each year due to the following items:

 
2016
 
2015
 
2014
 
(In thousands)
Provision at statutory rate
$
17,445

 
$
14,403

 
$
15,720

State income taxes, net of federal tax benefit
923

 
1,242

 
841

Foreign - tax rate differential and other
(87
)
 
(13
)
 
(454
)
Domestic production activities deduction
(560
)
 
(521
)
 
(675
)
Other
(172
)
 
103

 
(198
)
Actual provision
$
17,549

 
$
15,214

 
$
15,234

Components of Deferred Income Taxes
The components of deferred income taxes as of December 31 are as follows:
 
2016
 
2015
 
(In thousands)
Deferred tax assets:
 
 
 
Reserve for receivables and inventories
$
2,931

 
$
2,979

Accrued compensation
1,131

 
1,180

Payables
1,107

 
1,237

Non-pension postretirement benefits
2,344

 
2,337

Net operating loss and credit carryforwards
968

 
1,193

Accrued pension benefits
413

 
1,398

Accrued employee benefits
4,103

 
3,969

Other
487

 
856

Total deferred tax assets
13,484

 
15,149

 
 
 
 
Deferred tax liabilities:
 
 
 
Depreciation
5,126

 
4,652

Amortization
8,992

 
9,850

Prepaids
567

 

Total deferred tax liabilities
14,685

 
14,502

Net deferred tax (liabilities) assets
$
(1,201
)
 
$
647

Schedule of Changes in Gross Liability for Unrecognized Tax Benefits
Changes in the Company's gross liability for unrecognized tax benefits, excluding interest and penalties, were as follows:
 
2016
 
2015
 
(In thousands)
Balance at beginning of year
$
533

 
$
846

Increases in unrecognized tax benefits as a result of positions taken during the prior period
88

 
22

Increases in unrecognized tax benefits as a result of positions taken during the current period
247

 
166

Decreases in unrecognized tax benefits relating to settlements with taxing authorities

 
(347
)
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations
(54
)
 
(154
)
Balance at end of year
$
814

 
$
533

XML 41 R27.htm IDEA: XBRL DOCUMENT v3.6.0.2
Industry Segment and Geographic Areas (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Schedule of Information Regarding Revenues and Assets by Geographic Area
Information regarding revenues by geographic area is as follows:
 
2016
 
2015
 
2014
 
(In thousands)
Revenues:
 
 
 
 
 
United States
$
347,853

 
$
322,535

 
$
309,651

Foreign:
 
 
 
 
 
Asia
6,539

 
8,299

 
10,647

Canada
12,587

 
9,095

 
12,092

Europe
15,299

 
17,036

 
19,448

Mexico
3,460

 
8,889

 
3,941

Middle East
5,520

 
9,672

 
6,221

Other
2,503

 
2,172

 
2,768

Total
$
393,761

 
$
377,698

 
$
364,768


Information regarding assets by geographic area is as follows:
 
2016
 
2015
 
(In thousands)
Long-lived assets:
 
 
 
United States
$
53,454

 
$
53,615

Foreign:
 
 
 
Europe
15,694

 
15,676

Mexico
21,046

 
21,629

Total
$
90,194

 
$
90,920

 
 
 
 
 
2016
 
2015
 
(In thousands)
Total assets:
 
 
 
United States
$
287,081

 
$
289,447

Foreign:
 
 
 
Europe
38,579

 
40,813

Mexico
24,039

 
25,220

Total
$
349,699

 
$
355,480

XML 42 R28.htm IDEA: XBRL DOCUMENT v3.6.0.2
Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
Quarter ended
 
March 31
 
June 30
 
September 30
 
December 31
 
(In thousands except per share data)
2016
 
 
 
 
 
 
 
Net sales
$
100,570

 
$
103,820

 
$
96,273

 
$
93,098

Gross margin
$
39,011

 
$
39,396

 
$
38,647

 
$
33,522

Net earnings
$
7,990

 
$
9,400

 
$
8,792

 
$
6,113

Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.28

 
$
0.33

 
$
0.30

 
$
0.21

Diluted
$
0.28

 
$
0.32

 
$
0.30

 
$
0.21

Dividends declared
$
0.10

 
$
0.10

 
$
0.115

 
$
0.115

Stock price:
 
 
 
 
 
 
 
High
$
34.74

 
$
39.36

 
$
37.80

 
$
39.15

Low
$
26.40

 
$
31.72

 
$
31.90

 
$
29.30

Quarter-end close
$
33.26

 
$
36.52

 
$
33.51

 
$
36.95

 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
Net sales
$
83,644

 
$
98,896

 
$
99,388

 
$
95,770

Gross margin
$
30,075

 
$
35,143

 
$
36,101

 
$
34,457

Net earnings
$
4,227

 
$
7,901

 
$
8,327

 
$
5,483

Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.15

 
$
0.27

 
$
0.29

 
$
0.19

Diluted
$
0.15

 
$
0.27

 
$
0.29

 
$
0.19

Dividends declared
$
0.095

 
$
0.095

 
$
0.10

 
$
0.10

Stock price:
 
 
 
 
 
 
 
High
$
30.68

 
$
32.94

 
$
32.21

 
$
31.00

Low
$
27.36

 
$
29.33

 
$
25.82

 
$
27.64

Quarter-end close
$
29.97

 
$
31.75

 
$
29.03

 
$
29.30

XML 43 R29.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Profile (Narrative) (Details)
12 Months Ended
Dec. 31, 2016
product_line
Accounting Policies [Abstract]  
Number of product lines 2
Percentage of products used in water applications (as a percent) 85.00%
XML 44 R30.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Schedule of Changes in Allowance for Doubtful Accounts (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Allowance for Doubtful Accounts Receivable      
Balance at beginning of year $ 477 $ 811 $ 531
Provision and reserve adjustments 2 (152) 305
Write-offs less recoveries (54) (182) (25)
Balance at end of year $ 425 $ 477 $ 811
XML 45 R31.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Schedule of Changes to Obsolete Inventories Reserve (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Obsolete Inventory Reserve      
Balance at beginning of year $ 3,836 $ 3,314 $ 4,236
Net additions charged to earnings 1,017 2,530 974
Disposals (1,214) (2,008) (1,896)
Balance at end of year $ 3,639 $ 3,836 $ 3,314
XML 46 R32.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Property, Plant and Equipment (Narrative) (Details)
12 Months Ended
Dec. 31, 2016
Land Improvements  
Property, Plant and Equipment  
Estimated useful lives 15 years
Building and Improvements | Minimum  
Property, Plant and Equipment  
Estimated useful lives 10 years
Building and Improvements | Maximum  
Property, Plant and Equipment  
Estimated useful lives 39 years
Machinery and Equipment | Minimum  
Property, Plant and Equipment  
Estimated useful lives 3 years
Machinery and Equipment | Maximum  
Property, Plant and Equipment  
Estimated useful lives 20 years
XML 47 R33.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Capitalized Software and Hardware (Narrative) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Property, Plant and Equipment      
Amortization expense $ 3.1 $ 2.4 $ 1.4
Prepaid Expenses and Other Current Assets      
Property, Plant and Equipment      
Capitalized internal use software and hardware 2.3 2.0  
Other Assets      
Property, Plant and Equipment      
Capitalized internal use software and hardware $ 3.3 $ 5.0  
Minimum      
Property, Plant and Equipment      
Amortization period 1 year    
Maximum      
Property, Plant and Equipment      
Amortization period 5 years    
XML 48 R34.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Intangible Assets (Narrative) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2014
Finite-Lived Intangible Assets    
Amortization expense recognized $ 6.1 $ 5.5
Amortization expense expected to be recognized, 2017 6.1  
Amortization expense expected to be recognized, 2018 5.9  
Amortization expense expected to be recognized, 2019 5.9  
Amortization expense expected to be recognized, 2020 5.9  
Amortization expense expected to be recognized, 2021 5.8  
Amortization expense expected to be recognized, thereafter $ 22.2  
Minimum    
Finite-Lived Intangible Assets    
Estimated useful lives 5 years  
Maximum    
Finite-Lived Intangible Assets    
Estimated useful lives 20 years  
XML 49 R35.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Schedule of Carrying Value and Accumulated Amortization of Intangible Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Finite-Lived Intangible Assets    
Gross carrying amount $ 85,607 $ 84,957
Accumulated amortization 33,735 27,609
Technologies    
Finite-Lived Intangible Assets    
Gross carrying amount 47,657 47,157
Accumulated amortization 18,970 16,104
Non-compete agreements    
Finite-Lived Intangible Assets    
Gross carrying amount 2,112 2,062
Accumulated amortization 1,670 1,455
Licenses    
Finite-Lived Intangible Assets    
Gross carrying amount 650 650
Accumulated amortization 458 441
Customer lists    
Finite-Lived Intangible Assets    
Gross carrying amount 4,923 4,923
Accumulated amortization 1,698 1,327
Customer relationships    
Finite-Lived Intangible Assets    
Gross carrying amount 20,790 20,690
Accumulated amortization 7,416 5,494
Trade names    
Finite-Lived Intangible Assets    
Gross carrying amount 9,475 9,475
Accumulated amortization $ 3,523 $ 2,788
XML 50 R36.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Goodwill (Narrative) (Details) - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Accounting Policies [Abstract]      
Goodwill $ 49,314 $ 47,978 $ 47,700
XML 51 R37.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Revenue Recognition (Narrative) (Details)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Service agreement period 1 year
XML 52 R38.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Schedule of Changes in Warranty and After-Sale Costs Reserve (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Warranty and After-Sale Costs      
Balance at beginning of year $ 3,133 $ 1,739 $ 882
Net additions charged to earnings 3,559 1,559 2,255
Adjustments to pre-existing warranties (554) 1,278 257
Costs incurred (3,359) (1,443) (1,655)
Balance at end of year $ 2,779 $ 3,133 $ 1,739
XML 53 R39.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Research and Development (Narrative) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2014
Accounting Policies [Abstract]    
Research and development costs $ 10.6 $ 9.5
XML 54 R40.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Stock-Based Compensation Plans (Narrative) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total stock compensation expense recognized $ 1.6 $ 1.5 $ 1.4
Omnibus Incentive Plan      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Shares reserved for future issuance (in shares) 1,400,000    
XML 55 R41.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Schedule of Components of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax    
Balance at beginning of period $ (12,780) $ (11,856)
Other comprehensive income before reclassifications (328) (2,164)
Amounts reclassified from accumulated other comprehensive loss, net of tax 1,473 1,240
Amounts reclassified from accumulated other comprehensive loss, tax (1,019) (728)
Net current period other comprehensive loss (income), net 1,145 (924)
Accumulated other comprehensive loss (11,635) (12,780)
Pension and postretirement benefits    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax    
Balance at beginning of period (11,968) (11,891)
Other comprehensive income before reclassifications 0 (1,317)
Amounts reclassified from accumulated other comprehensive loss, net of tax 1,473 1,240
Net current period other comprehensive loss (income), net 1,473 (77)
Accumulated other comprehensive loss (10,495) (11,968)
Foreign currency    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax    
Balance at beginning of period (812) 35
Other comprehensive income before reclassifications (328) (847)
Amounts reclassified from accumulated other comprehensive loss, net of tax 0 0
Net current period other comprehensive loss (income), net (328) (847)
Accumulated other comprehensive loss $ (1,140) $ (812)
XML 56 R42.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies - Schedule of Reclassifications Out of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Amortization of employee benefit plan items:    
Prior service cost $ (25) $ 53
Settlement expense 1,510 762
Actuarial loss 1,007 1,153
Total before tax 2,492 1,968
Income tax benefit (1,019) (728)
Amount reclassified out of accumulated other comprehensive loss $ 1,473 $ 1,240
XML 57 R43.htm IDEA: XBRL DOCUMENT v3.6.0.2
Common Stock (Details)
12 Months Ended
Sep. 15, 2016
Aug. 12, 2016
shares
Feb. 15, 2008
$ / shares
shares
Dec. 31, 2016
shares
Dec. 31, 2015
shares
Dec. 31, 2014
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Stock split, conversion ratio   2        
Stock dividend payable (as a percent) 100.00%          
Total authorized shares before and after stock split (in shares)   40,000,000   40,000,000 40,000,000  
Stock Options            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Antidilutive stock options excluded from computation of earnings per share (in shares)       91,330 95,144 94,134
Employee benefit stock            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Common share purchase right dividend (in shares)     1      
Number of common shares each right is entitled to (in shares)     1      
Common share purchase right exercise price (in dollars per share) | $ / shares     $ 100.00      
XML 58 R44.htm IDEA: XBRL DOCUMENT v3.6.0.2
Acquisitions (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Oct. 20, 2016
Aug. 17, 2015
Oct. 01, 2014
Jan. 31, 2017
Dec. 31, 2016
Dec. 31, 2014
Dec. 31, 2015
Business Acquisition              
Purchase price allocation, goodwill         $ 49,314 $ 47,700 $ 47,978
Nice Instruments              
Business Acquisition              
Total purchase consideration $ 2,000            
Purchase price allocation, inventory and equipment         15    
Purchase price allocation, intangibles         700    
Purchase price allocation, goodwill         $ 1,300    
National Meter and Automation, Inc.              
Business Acquisition              
Total purchase consideration     $ 22,900        
Cash payment     $ 20,300        
Purchase price allocation, goodwill           3,000  
Outstanding common stock acquired (as a percent)     100.00%        
Incremental annual revenues     $ 15,000        
Deferred payments           2,500  
Receivables           3,900  
Inventory           4,500  
Property, plant and equipment           2,800  
Intangibles           9,800  
Current liabilities           100  
Transaction costs           400  
Accounts Payable | National Meter and Automation, Inc.              
Business Acquisition              
Deferred payments           2,000  
Long-term Debt | National Meter and Automation, Inc.              
Business Acquisition              
Deferred payments           $ 500  
Customer technology | Nice Instruments              
Business Acquisition              
Estimated average useful life         15 years    
Customer relationships | National Meter and Automation, Inc.              
Business Acquisition              
Estimated average useful life         12 years    
National Meter and Automation, Inc. | United Utilities, Inc.              
Business Acquisition              
Total purchase consideration   $ 3,300          
Cash payment   400          
Purchase price allocation, goodwill             300
Receivables   $ 2,900          
Receivables             800
Inventory             400
Property, plant and equipment             100
Intangibles             $ 1,700
National Meter and Automation, Inc. | Customer relationships | United Utilities, Inc.              
Business Acquisition              
Estimated average useful life         12 years    
Subsequent Event | Nice Instruments              
Business Acquisition              
Cash payment       $ 200      
XML 59 R45.htm IDEA: XBRL DOCUMENT v3.6.0.2
Short-term Debt and Credit Lines - Schedule of Short-Term Debt (Details) - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Short-term Debt    
Total short-term debt $ 37,950 $ 71,360
Notes payable to banks    
Short-term Debt    
Total short-term debt 8,200 5,860
Commercial paper    
Short-term Debt    
Total short-term debt $ 29,750 $ 65,500
XML 60 R46.htm IDEA: XBRL DOCUMENT v3.6.0.2
Short-term Debt and Credit Lines - Narrative (Details)
12 Months Ended
Dec. 31, 2016
USD ($)
Dec. 31, 2016
EUR (€)
Sep. 30, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2015
EUR (€)
Line of Credit Facility          
Maximum amount issuable     $ 70,000,000.0    
Unused credit lines available $ 91,300,000        
Line of Credit          
Line of Credit Facility          
Maximum borrowing capacity     120,000,000.0    
Interest rate (as a percent) 1.49% 1.49%   1.25% 1.25%
Line of credit period 3 years        
Foreign Line of Credit          
Line of Credit Facility          
Maximum amount issuable     $ 5,000,000.0    
Revolving Credit Facility | Euro-Based Revolving Loan Facility          
Line of Credit Facility          
Revolving loan facility $ 4,200,000     $ 4,400,000  
Maximum borrowing capacity | €   € 4,000,000     € 4,000,000
Interest rate (as a percent) 1.13% 1.13%   1.30% 1.30%
Revolving Credit Facility | Line of Credit          
Line of Credit Facility          
Maximum borrowing capacity | €   € 94,300,000.0      
XML 61 R47.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Compensation - Additional Information (Narrative) (Details) - shares
Dec. 31, 2016
Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Number of shares available for grant 741,396 818,000
Omnibus Incentive Plan    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Number of shares reserve for future issuance 1,400,000  
XML 62 R48.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Compensation - Stock Options (Narrative) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total stock compensation expense $ 1.6 $ 1.5 $ 1.4
Stock Options      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total stock compensation expense 0.5 $ 0.5 $ 0.4
Unrecognized compensation cost related to stock options $ 1.2    
Weighted average period 2 years 3 months 18 days    
XML 63 R49.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Compensation - Summary of Transactions of Stock Option Plans (Details) - Stock Options - $ / shares
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Weighted-average exercise price      
Options granted (in dollars per share) $ 13.58 $ 11.54  
Omnibus Incentive Plan      
Number of shares      
Beginning balance (in shares) 369,612 406,640 404,756
Options granted (in shares) 42,302 49,510 47,916
Options exercised (in shares) (27,656) (86,538) (46,032)
Options forfeited (in shares) 0 0 0
Ending balance (in shares) 384,258 369,612 406,640
Exercisable options (in shares) 242,522 210,940 222,032
Weighted-average exercise price      
Beginning balance (in dollars per share) $ 22.35 $ 20.90 $ 19.64
Options granted (in dollars per share) 33.98 28.33 27.18
Options exercised (in dollars per share) 20.59 18.98 16.29
Ending balance (in dollars per share) 23.75 22.35 20.90
Exercisable options (in dollars per share) $ 21.01 $ 20.48 $ 19.84
Omnibus Incentive Plan | Price range $18.08 — $18.30      
Number of shares      
Ending balance (in shares) 106,660    
Weighted-average exercise price      
Ending balance (in dollars per share) $ 18.15    
Price range - minimum (in dollars per share) 18.08    
Price range - maximum (in dollars per share) $ 18.30    
Weighted-average contractual life 5 years    
Omnibus Incentive Plan | Price range $18.30 — $19.35      
Number of shares      
Ending balance (in shares) 119,516    
Weighted-average exercise price      
Ending balance (in dollars per share) $ 21.48    
Price range - minimum (in dollars per share) 18.30    
Price range - maximum (in dollars per share) $ 19.35    
Weighted-average contractual life 4 years 1 month 6 days    
Omnibus Incentive Plan | Price range $19.35 — $33.75      
Number of shares      
Ending balance (in shares) 158,082    
Weighted-average exercise price      
Ending balance (in dollars per share) $ 29.25    
Price range - minimum (in dollars per share) 19.35    
Price range - maximum (in dollars per share) $ 33.75    
Weighted-average contractual life 7 years 2 months 12 days    
XML 64 R50.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Compensation - Assumptions Used for Valuing Options Granted (Details) - Stock Options - $ / shares
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Per share fair value of options granted during the period (in dollars per share) $ 13.58 $ 11.54
Risk-free interest rate 1.42% 1.74%
Dividend yield (as a percentage) 1.16% 1.32%
Volatility factor (as a percentage) 48.30% 49.50%
Weighted-average expected life in years 5 years 3 months 18 days 5 years 3 months 18 days
XML 65 R51.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Compensation - Summary of Aggregate Intrinsic Value Related to Options (Details) - Omnibus Incentive Plan - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Exercised $ 379 $ 1,058
Outstanding 4,288 2,569
Exercisable $ 3,370 $ 1,859
XML 66 R52.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Compensation - Director Stock Grant (Narrative) (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total stock compensation expense recognized $ 1,600,000 $ 1,500,000 $ 1,400,000
Omnibus Incentive Plan | Common Stock      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Annual share award 54,000    
Total stock compensation expense recognized $ 400,000 $ 400,000 $ 400,000
Remaining recognition period 4 months    
Unrecognized compensation cost $ 100,000    
XML 67 R53.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Compensation - Restricted Stock (Narrative) (Details) - Restricted Stock - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Vesting period 3 years    
Nonvested stock compensation expense $ 1.0 $ 1.1 $ 1.0
Unrecognized compensation cost related to restricted stock $ 1.1    
Weighted average period 1 year 1 month 6 days    
XML 68 R54.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Compensation - Schedule of Fair Value of Nonvested Shares (Details) - Restricted Stock - $ / shares
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Shares      
Beginning Balance (in shares) 120,248 136,912 148,950
Granted (in shares) 29,268 38,386 43,912
Vested (in shares) (40,700) (52,150) (48,700)
Forfeited (in shares) (3,500) (2,900) (7,250)
Ending Balance (in shares) 105,316 120,248 136,912
Fair value per share      
Beginning balance (in dollars per share) $ 26.99 $ 23.16 $ 20.27
Granted (in dollars per share) 33.98 28.33 27.18
Vested (in dollars per share) 25.56 18.08 18.30
Forfeited (in dollars per share) 29.18 24.44 20.81
Ending balance (in dollars per share) $ 29.41 $ 26.99 $ 23.16
XML 69 R55.htm IDEA: XBRL DOCUMENT v3.6.0.2
Commitments and Contingencies - Schedule of Future Minimum Lease Payments (Details)
$ in Thousands
Dec. 31, 2016
USD ($)
Commitments and Contingencies Disclosure [Abstract]  
2017 $ 2,437
2018 2,245
2019 1,708
2020 1,434
2021 1,359
Thereafter 3,866
Total lease obligations $ 13,049
XML 70 R56.htm IDEA: XBRL DOCUMENT v3.6.0.2
Commitments and Contingencies - Narrative (Details)
$ in Millions
12 Months Ended
Dec. 31, 2016
USD ($)
potentially_responsible_party
lawsuit
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Commitments and Contingencies Disclosure [Abstract]      
Total rental expense charged to operations | $ $ 3.3 $ 3.2 $ 3.1
Landfill lawsuits      
Loss Contingencies      
Number of potentially responsible parties | potentially_responsible_party 1    
Number of landfill lawsuits | lawsuit 2    
XML 71 R57.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans - Schedule of Amounts Not Yet Recognized In Net Periodic Benefit Cost (Details)
$ in Thousands
Dec. 31, 2016
USD ($)
Pension plans  
Defined Benefit Plans and Other Postretirement Benefit Plans  
Prior service cost $ 0
Net actuarial loss 10,398
Other postretirement benefits  
Defined Benefit Plans and Other Postretirement Benefit Plans  
Prior service cost (23)
Net actuarial loss $ (339)
XML 72 R58.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans - Schedule of Amounts Expected to be Recognized in Net Periodic Benefit Cost (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
Pension plans  
Defined Benefit Plans and Other Postretirement Benefit Plans  
Prior service credit $ 0
Net actuarial loss 350
Other postretirement benefits  
Defined Benefit Plans and Other Postretirement Benefit Plans  
Prior service credit (16)
Net actuarial loss $ 0
XML 73 R59.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans - Components of Net Periodic Pension/Postretirement Benefit Cost (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Pension plans      
Defined Benefit Plan Disclosure [Line Items]      
Service cost — benefits earned during the year $ 3 $ 4 $ 4
Interest cost on projected benefit obligations 1,711 1,769 1,888
Expected return on plan assets (2,199) (2,151) (2,806)
Amortization of net loss 575 656 606
Settlement expense 1,510 762 858
Net periodic pension/postretirement benefit cost 1,600 1,040 550
Other postretirement benefits      
Defined Benefit Plan Disclosure [Line Items]      
Service cost — benefits earned during the year 137 147 130
Interest cost on projected benefit obligations 257 251 269
Amortization of prior service (credit) cost (25) 53 161
Net periodic pension/postretirement benefit cost $ 369 $ 451 $ 560
XML 74 R60.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans - Schedule of Actuarial Assumptions (Details) - Pension plans
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans      
Net periodic pension cost, Discount rate (as a percent) 4.14% 3.81% 4.47%
Expected long-term return on plan assets (as a percent) 5.25% 5.00% 6.50%
Benefit obligation, Discount rate (as a percent) 3.94% 4.14%  
XML 75 R61.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans - Reconciliation of Benefit Obligations, Plan Assets and Funded Status (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Pension plans      
Change in benefit obligation:      
Benefit obligation at beginning of year $ 45,471 $ 48,200  
Service cost 3 4 $ 4
Interest cost 1,711 1,769 1,888
Actuarial loss/(gain) 537 (906)  
Benefits paid (5,692) (3,596)  
Benefit obligation and funded status at end of year 42,030 45,471 48,200
Change in plan assets:      
Fair value of plan assets at beginning of plan year 43,603 48,656  
Actual return on plan assets 3,150 (1,457)  
Company contribution 1,000 0  
Benefits paid (5,692) (3,596)  
Fair value of plan assets at measurement date 42,061 43,603 48,656
Funded status of the plan 31 (1,868)  
Prepaid pension asset 31    
Accrued pension liability   (1,868)  
Other postretirement benefits      
Change in benefit obligation:      
Benefit obligation at beginning of year 6,100 6,767  
Service cost 137 147 130
Interest cost 257 251 269
Actuarial loss/(gain) (249) (812)  
Plan participants' contributions 604 628  
Benefits paid (718) (881)  
Benefit obligation and funded status at end of year 6,131 6,100 $ 6,767
Change in plan assets:      
Benefits paid (718) (881)  
Accrued pension liability $ (6,131) $ (6,100)  
XML 76 R62.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans - Schedule of Fair Value of Qualified Pension Plan Assets (Details) - Pension plans - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets $ 42,061 $ 43,603 $ 48,656
Equity securities      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 4,045 5,614  
Fixed income funds      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 37,527 36,954  
Cash/cash equivalents      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 489 1,035  
Quoted prices in active markets for identical assets (Level 1)      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 489 1,035  
Quoted prices in active markets for identical assets (Level 1) | Equity securities      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 0 0  
Quoted prices in active markets for identical assets (Level 1) | Fixed income funds      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 0 0  
Quoted prices in active markets for identical assets (Level 1) | Cash/cash equivalents      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 489 1,035  
Significant observable inputs (Level 2)      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 41,572 42,568  
Significant observable inputs (Level 2) | Equity securities      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 4,045 5,614  
Significant observable inputs (Level 2) | Fixed income funds      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 37,527 36,954  
Significant observable inputs (Level 2) | Cash/cash equivalents      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 0 0  
Significant unobservable inputs (Level 3)      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 0 0  
Significant unobservable inputs (Level 3) | Equity securities      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 0 0  
Significant unobservable inputs (Level 3) | Fixed income funds      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets 0 0  
Significant unobservable inputs (Level 3) | Cash/cash equivalents      
Defined Benefit Plans and Other Postretirement Benefit Plans      
Fair value of qualified plan assets $ 0 $ 0  
XML 77 R63.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans - Qualified Pension Plan (Narrative) (Details) - USD ($)
$ in Thousands
1 Months Ended
Sep. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Pension plans        
Defined Benefit Plans and Other Postretirement Benefit Plans        
Voluntary contribution $ 1,000      
Pension plans        
Defined Benefit Plans and Other Postretirement Benefit Plans        
Fair value of qualified plan assets   $ 42,061 $ 43,603 $ 48,656
Estimated future benefit payments 2017   4,700    
Estimated future benefit payments 2018   4,200    
Estimated future benefit payments 2019   3,700    
Estimated future benefit payments 2020   4,000    
Estimated future benefit payments 2021   3,100    
Estimated future benefit payments, five years thereafter   13,700    
Accumulated benefit obligation   $ 42,000 $ 45,500  
XML 78 R64.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans - Supplemental Non-qualified Unfunded Plans (Narrative) (Details) - Officers and Key Employees - Other postretirement benefits - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]      
Compensation expense $ 0.3 $ 0.2 $ 0.3
Amount accrued $ 1.9 $ 1.6  
XML 79 R65.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans - Other Postretirement Benefits (Narrative) (Details) - Other postretirement benefits - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]      
Discount rate used to measure net periodic benefit cost 4.39% 4.01% 4.73%
Discount rate used to measure accumulated postretirement benefit obligation 4.15% 4.39%  
Estimated future benefit payments 2017 $ 0.4    
Estimated future benefit payments 2018 0.4    
Estimated future benefit payments 2019 0.4    
Estimated future benefit payments 2020 0.4    
Estimated future benefit payments 2021 0.4    
Estimated future benefit payments, five years thereafter $ 2.2    
XML 80 R66.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans - Schedule of Amounts Recognized in Consolidated Balance Sheets (Details) - Other postretirement benefits - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans    
Amounts recognized at December 31 $ 6,131 $ 6,100
Accrued compensation and employee benefits    
Defined Benefit Plans and Other Postretirement Benefit Plans    
Amounts recognized at December 31 378 391
Accrued non-pension postretirement benefits    
Defined Benefit Plans and Other Postretirement Benefit Plans    
Amounts recognized at December 31 $ 5,753 $ 5,709
XML 81 R67.htm IDEA: XBRL DOCUMENT v3.6.0.2
Employee Benefit Plans - Badger Meter Employee Savings and Stock Ownership Plan (Narrative) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2010
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]        
Loans payable $ 600     $ 1,500
Principal payments $ 154 $ 154 $ 154  
Shares contributed to ESOP (in shares) 11,583 10,157 11,077.000  
Unreleased shares in ESOP (in shares) 101,244 124,410 144,724  
Fair value of unreleased shares $ 3,700 $ 3,600 $ 4,300  
Pretax income allowed to be deferred (as a percent) 20.00%      
Company match (as a percent) 25.00%      
Maximum match of employee's salary (as a percent) 7.00%      
Compensation expense $ 400 400 $ 300  
Employee Stock Ownership Plan (ESOP), Plan | Loans Receivable        
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]        
Loan to repay third party loan       500
Additional loan to ESOP       1,000
Loans payable 600     $ 1,500
Defined Contribution Feature        
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]        
Compensation expense $ 2,800 $ 2,300    
XML 82 R68.htm IDEA: XBRL DOCUMENT v3.6.0.2
Income Taxes - Details of Earnings Before Income Taxes (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Tax Disclosure [Abstract]      
Domestic $ 47,407 $ 39,447 $ 41,022
Foreign 2,437 1,705 3,890
Earnings before income taxes $ 49,844 $ 41,152 $ 44,912
XML 83 R69.htm IDEA: XBRL DOCUMENT v3.6.0.2
Income Taxes - Schedule of Provision (Benefit) for Income Taxes (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Current:      
Federal $ 14,435 $ 15,324 $ 14,362
State 1,275 2,227 1,086
Foreign 1,129 686 1,120
Deferred:      
Federal 922 (2,568) (1,323)
State 151 (353) 208
Foreign (363) (102) (219)
Provision for income taxes $ 17,549 $ 15,214 $ 15,234
XML 84 R70.htm IDEA: XBRL DOCUMENT v3.6.0.2
Income Taxes - Reconciliation of Provision for Income Taxes (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Tax Disclosure [Abstract]      
Provision at statutory rate $ 17,445 $ 14,403 $ 15,720
State income taxes, net of federal tax benefit 923 1,242 841
Foreign - tax rate differential and other (87) (13) (454)
Domestic production activities deduction (560) (521) (675)
Other (172) 103 (198)
Provision for income taxes $ 17,549 $ 15,214 $ 15,234
XML 85 R71.htm IDEA: XBRL DOCUMENT v3.6.0.2
Income Taxes - Components of Deferred Income Taxes (Details) - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Operating Loss Carryforwards [Line Items]    
Reserve for receivables and inventories $ 2,931 $ 2,979
Accrued compensation 1,131 1,180
Payables 1,107 1,237
Non-pension postretirement benefits 2,344 2,337
Net operating loss and credit carryforwards 968 1,193
Accrued pension benefits 413 1,398
Accrued employee benefits 4,103 3,969
Other 487 856
Total deferred tax assets 13,484 15,149
Depreciation 5,126 4,652
Amortization 8,992 9,850
Prepaids 567 0
Total deferred tax liabilities 14,685 14,502
Net deferred tax (liabilities) $ (1,201)  
Net deferred tax assets   $ 647
XML 86 R72.htm IDEA: XBRL DOCUMENT v3.6.0.2
Income Taxes - Narrative (Details) - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Tax Credit Carryforward [Line Items]    
Federal general business credit carryforwards $ 0.2 $ 0.2
Limit on annual basis 1.2  
Undistributed earnings 21.9  
Accrued interest (less than) 0.1 0.1
General Business Tax Credit Carryforward    
Tax Credit Carryforward [Line Items]    
Federal and state net operating loss carryforwards $ 1.6 $ 2.8
XML 87 R73.htm IDEA: XBRL DOCUMENT v3.6.0.2
Income Taxes - Schedule of Changes in Gross Liability for Unrecognized Tax Benefits (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns    
Balance at beginning of year $ 533 $ 846
Increases in unrecognized tax benefits as a result of positions taken during the prior period 88 22
Increases in unrecognized tax benefits as a result of positions taken during the current period 247 166
Decreases in unrecognized tax benefits relating to settlements with taxing authorities 0 (347)
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (54) (154)
Balance at end of year $ 814 $ 533
XML 88 R74.htm IDEA: XBRL DOCUMENT v3.6.0.2
Long-Term Debt (Details) - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2010
Accounts, Notes, Loans and Financing Receivable    
Loan balance $ 0.6 $ 1.5
Employee Stock Ownership Plan (ESOP), Plan | Loans Receivable    
Accounts, Notes, Loans and Financing Receivable    
Loan, restructured outstanding debt of ESSOP   0.5
Loan to purchase additional shares   1.0
Loan balance $ 0.6 $ 1.5
XML 89 R75.htm IDEA: XBRL DOCUMENT v3.6.0.2
Industry Segment and Geographic Areas (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
Jun. 30, 2016
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Jun. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2016
USD ($)
segment
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Segment Reporting [Abstract]                      
Number of segments | segment                 1    
Revenues from External Customers and Long-Lived Assets                      
Revenues $ 93,098 $ 96,273 $ 103,820 $ 100,570 $ 95,770 $ 99,388 $ 98,896 $ 83,644 $ 393,761 $ 377,698 $ 364,768
Long-lived assets 90,194       90,920       90,194 90,920  
Total assets 349,699       355,480       349,699 355,480  
United States                      
Revenues from External Customers and Long-Lived Assets                      
Revenues                 347,853 322,535 309,651
Long-lived assets 53,454       53,615       53,454 53,615  
Total assets 287,081       289,447       287,081 289,447  
Asia                      
Revenues from External Customers and Long-Lived Assets                      
Revenues                 6,539 8,299 10,647
Canada                      
Revenues from External Customers and Long-Lived Assets                      
Revenues                 12,587 9,095 12,092
Europe                      
Revenues from External Customers and Long-Lived Assets                      
Revenues                 15,299 17,036 19,448
Long-lived assets 15,694       15,676       15,694 15,676  
Total assets 38,579       40,813       38,579 40,813  
Mexico                      
Revenues from External Customers and Long-Lived Assets                      
Revenues                 3,460 8,889 3,941
Long-lived assets 21,046       21,629       21,046 21,629  
Total assets $ 24,039       $ 25,220       24,039 25,220  
Middle East                      
Revenues from External Customers and Long-Lived Assets                      
Revenues                 5,520 9,672 6,221
Other                      
Revenues from External Customers and Long-Lived Assets                      
Revenues                 $ 2,503 $ 2,172 $ 2,768
XML 90 R76.htm IDEA: XBRL DOCUMENT v3.6.0.2
Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
USD ($)
shareholder
$ / shares
Sep. 30, 2016
USD ($)
$ / shares
Jun. 30, 2016
USD ($)
$ / shares
Mar. 31, 2016
USD ($)
$ / shares
Dec. 31, 2015
USD ($)
shareholder
$ / shares
Sep. 30, 2015
USD ($)
$ / shares
Jun. 30, 2015
USD ($)
$ / shares
Mar. 31, 2015
USD ($)
$ / shares
Dec. 31, 2016
USD ($)
shareholder
$ / shares
Dec. 31, 2015
USD ($)
shareholder
$ / shares
Dec. 31, 2014
USD ($)
$ / shares
Net sales | $ $ 93,098 $ 96,273 $ 103,820 $ 100,570 $ 95,770 $ 99,388 $ 98,896 $ 83,644 $ 393,761 $ 377,698 $ 364,768
Gross margin | $ 33,522 38,647 39,396 39,011 34,457 36,101 35,143 30,075 150,576 135,776 131,142
Net earnings | $ $ 6,113 $ 8,792 $ 9,400 $ 7,990 $ 5,483 $ 8,327 $ 7,901 $ 4,227 $ 32,295 $ 25,938 $ 29,678
Earnings per share:                      
Basic (in dollars per share) $ 0.21 $ 0.30 $ 0.33 $ 0.28 $ 0.19 $ 0.29 $ 0.27 $ 0.15      
Diluted (in dollars per share) 0.21 0.30 0.32 0.28 0.19 0.29 0.27 0.15      
Dividends declared (in dollars per share) 0.115 0.115 0.1 0.1 0.1 0.1 0.095 0.095 $ 0.43 $ 0.39 $ 0.37
Stock price (in dollars per share) $ 36.95 33.51 36.52 33.26 $ 29.30 29.03 31.75 29.97 $ 36.95 $ 29.30  
Number of shareholders | shareholder 922       948       922 948  
High                      
Earnings per share:                      
Stock price (in dollars per share) $ 39.15 37.80 39.36 34.74 $ 31.00 32.21 32.94 30.68 $ 39.15 $ 31.00  
Low                      
Earnings per share:                      
Stock price (in dollars per share) $ 29.30 $ 31.90 $ 31.72 $ 26.40 $ 27.64 $ 25.82 $ 29.33 $ 27.36 $ 29.30 $ 27.64  
EXCEL 91 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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�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end XML 92 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 93 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 95 FilingSummary.xml IDEA: XBRL DOCUMENT 3.6.0.2 html 268 365 1 true 70 0 false 10 false false R1.htm 0001000 - Document - Document and Entity Information Sheet http://www.badgermeter.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 1001000 - Statement - Consolidated Balance Sheets Sheet http://www.badgermeter.com/role/ConsolidatedBalanceSheets Consolidated Balance Sheets Statements 2 false false R3.htm 1001501 - Statement - Consolidated Balance Sheets (Parenthetical) Sheet http://www.badgermeter.com/role/ConsolidatedBalanceSheetsParenthetical Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 1002000 - Statement - Consolidated Statements of Operations Sheet http://www.badgermeter.com/role/ConsolidatedStatementsOfOperations Consolidated Statements of Operations Statements 4 false false R5.htm 1003000 - Statement - Consolidated Statements of Comprehensive Income Sheet http://www.badgermeter.com/role/ConsolidatedStatementsOfComprehensiveIncome Consolidated Statements of Comprehensive Income Statements 5 false false R6.htm 1004000 - Statement - Consolidated Statements of Cash Flows Sheet http://www.badgermeter.com/role/ConsolidatedStatementsOfCashFlows Consolidated Statements of Cash Flows Statements 6 false false R7.htm 1006000 - Statement - Consolidated Statements of Shareholders' Equity Sheet http://www.badgermeter.com/role/ConsolidatedStatementsOfShareholdersEquity Consolidated Statements of Shareholders' Equity Statements 7 false false R8.htm 1006501 - Statement - Consolidated Statements of Shareholders' Equity (Parenthetical) Sheet http://www.badgermeter.com/role/ConsolidatedStatementsOfShareholdersEquityParenthetical Consolidated Statements of Shareholders' Equity (Parenthetical) Statements 8 false false R9.htm 2101100 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 9 false false R10.htm 2102100 - Disclosure - Common Stock Sheet http://www.badgermeter.com/role/CommonStock Common Stock Notes 10 false false R11.htm 2103100 - Disclosure - Acquisitions Sheet http://www.badgermeter.com/role/Acquisitions Acquisitions Notes 11 false false R12.htm 2104100 - Disclosure - Short-term Debt and Credit Lines Sheet http://www.badgermeter.com/role/ShortTermDebtAndCreditLines Short-term Debt and Credit Lines Notes 12 false false R13.htm 2105100 - Disclosure - Stock Compensation Sheet http://www.badgermeter.com/role/StockCompensation Stock Compensation Notes 13 false false R14.htm 2106100 - Disclosure - Commitments and Contingencies Sheet http://www.badgermeter.com/role/CommitmentsAndContingencies Commitments and Contingencies Notes 14 false false R15.htm 2107100 - Disclosure - Employee Benefit Plans Sheet http://www.badgermeter.com/role/EmployeeBenefitPlans Employee Benefit Plans Notes 15 false false R16.htm 2108100 - Disclosure - Income Taxes Sheet http://www.badgermeter.com/role/IncomeTaxes Income Taxes Notes 16 false false R17.htm 2109100 - Disclosure - Long-Term Debt Sheet http://www.badgermeter.com/role/LongTermDebt Long-Term Debt Notes 17 false false R18.htm 2110100 - Disclosure - Industry Segment and Geographic Areas Sheet http://www.badgermeter.com/role/IndustrySegmentAndGeographicAreas Industry Segment and Geographic Areas Notes 18 false false R19.htm 2111100 - Disclosure - Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends Sheet http://www.badgermeter.com/role/UnauditedQuarterlyResultsOfOperationsCommonStockPriceAndDividends Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends Notes 19 false false R20.htm 2201201 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://www.badgermeter.com/role/SummaryOfSignificantAccountingPolicies 20 false false R21.htm 2301302 - Disclosure - Summary of Significant Accounting Policies (Tables) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesTables Summary of Significant Accounting Policies (Tables) Tables http://www.badgermeter.com/role/SummaryOfSignificantAccountingPolicies 21 false false R22.htm 2304301 - Disclosure - Short-term Debt and Credit Lines (Tables) Sheet http://www.badgermeter.com/role/ShortTermDebtAndCreditLinesTables Short-term Debt and Credit Lines (Tables) Tables http://www.badgermeter.com/role/ShortTermDebtAndCreditLines 22 false false R23.htm 2305301 - Disclosure - Stock Compensation (Tables) Sheet http://www.badgermeter.com/role/StockCompensationTables Stock Compensation (Tables) Tables http://www.badgermeter.com/role/StockCompensation 23 false false R24.htm 2306301 - Disclosure - Commitments and Contingencies (Tables) Sheet http://www.badgermeter.com/role/CommitmentsAndContingenciesTables Commitments and Contingencies (Tables) Tables http://www.badgermeter.com/role/CommitmentsAndContingencies 24 false false R25.htm 2307301 - Disclosure - Employee Benefit Plans (Tables) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansTables Employee Benefit Plans (Tables) Tables http://www.badgermeter.com/role/EmployeeBenefitPlans 25 false false R26.htm 2308301 - Disclosure - Income Taxes (Tables) Sheet http://www.badgermeter.com/role/IncomeTaxesTables Income Taxes (Tables) Tables http://www.badgermeter.com/role/IncomeTaxes 26 false false R27.htm 2310301 - Disclosure - Industry Segment and Geographic Areas (Tables) Sheet http://www.badgermeter.com/role/IndustrySegmentAndGeographicAreasTables Industry Segment and Geographic Areas (Tables) Tables http://www.badgermeter.com/role/IndustrySegmentAndGeographicAreas 27 false false R28.htm 2311301 - Disclosure - Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends (Tables) Sheet http://www.badgermeter.com/role/UnauditedQuarterlyResultsOfOperationsCommonStockPriceAndDividendsTables Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends (Tables) Tables http://www.badgermeter.com/role/UnauditedQuarterlyResultsOfOperationsCommonStockPriceAndDividends 28 false false R29.htm 2401403 - Disclosure - Summary of Significant Accounting Policies - Profile (Narrative) (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesProfileNarrativeDetails Summary of Significant Accounting Policies - Profile (Narrative) (Details) Details http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesTables 29 false false R30.htm 2401404 - Disclosure - Summary of Significant Accounting Policies - Schedule of Changes in Allowance for Doubtful Accounts (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesScheduleOfChangesInAllowanceForDoubtfulAccountsDetails Summary of Significant Accounting Policies - Schedule of Changes in Allowance for Doubtful Accounts (Details) Details 30 false false R31.htm 2401405 - Disclosure - Summary of Significant Accounting Policies - Schedule of Changes to Obsolete Inventories Reserve (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesScheduleOfChangesToObsoleteInventoriesReserveDetails Summary of Significant Accounting Policies - Schedule of Changes to Obsolete Inventories Reserve (Details) Details 31 false false R32.htm 2401406 - Disclosure - Summary of Significant Accounting Policies - Property, Plant and Equipment (Narrative) (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesPropertyPlantAndEquipmentNarrativeDetails Summary of Significant Accounting Policies - Property, Plant and Equipment (Narrative) (Details) Details 32 false false R33.htm 2401407 - Disclosure - Summary of Significant Accounting Policies - Capitalized Software and Hardware (Narrative) (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesCapitalizedSoftwareAndHardwareNarrativeDetails Summary of Significant Accounting Policies - Capitalized Software and Hardware (Narrative) (Details) Details 33 false false R34.htm 2401408 - Disclosure - Summary of Significant Accounting Policies - Intangible Assets (Narrative) (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesIntangibleAssetsNarrativeDetails Summary of Significant Accounting Policies - Intangible Assets (Narrative) (Details) Details 34 false false R35.htm 2401409 - Disclosure - Summary of Significant Accounting Policies - Schedule of Carrying Value and Accumulated Amortization of Intangible Assets (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesScheduleOfCarryingValueAndAccumulatedAmortizationOfIntangibleAssetsDetails Summary of Significant Accounting Policies - Schedule of Carrying Value and Accumulated Amortization of Intangible Assets (Details) Details 35 false false R36.htm 2401410 - Disclosure - Summary of Significant Accounting Policies - Goodwill (Narrative) (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesGoodwillNarrativeDetails Summary of Significant Accounting Policies - Goodwill (Narrative) (Details) Details 36 false false R37.htm 2401411 - Disclosure - Summary of Significant Accounting Policies - Revenue Recognition (Narrative) (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesRevenueRecognitionNarrativeDetails Summary of Significant Accounting Policies - Revenue Recognition (Narrative) (Details) Details 37 false false R38.htm 2401412 - Disclosure - Summary of Significant Accounting Policies - Schedule of Changes in Warranty and After-Sale Costs Reserve (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesScheduleOfChangesInWarrantyAndAfterSaleCostsReserveDetails Summary of Significant Accounting Policies - Schedule of Changes in Warranty and After-Sale Costs Reserve (Details) Details 38 false false R39.htm 2401413 - Disclosure - Summary of Significant Accounting Policies - Research and Development (Narrative) (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesResearchAndDevelopmentNarrativeDetails Summary of Significant Accounting Policies - Research and Development (Narrative) (Details) Details 39 false false R40.htm 2401414 - Disclosure - Summary of Significant Accounting Policies - Stock-Based Compensation Plans (Narrative) (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesStockBasedCompensationPlansNarrativeDetails Summary of Significant Accounting Policies - Stock-Based Compensation Plans (Narrative) (Details) Details 40 false false R41.htm 2401415 - Disclosure - Summary of Significant Accounting Policies - Schedule of Components of Accumulated Other Comprehensive Loss (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesScheduleOfComponentsOfAccumulatedOtherComprehensiveLossDetails Summary of Significant Accounting Policies - Schedule of Components of Accumulated Other Comprehensive Loss (Details) Details 41 false false R42.htm 2401416 - Disclosure - Summary of Significant Accounting Policies - Schedule of Reclassifications Out of Accumulated Other Comprehensive Loss (Details) Sheet http://www.badgermeter.com/role/SummaryOfSignificantAccountingPoliciesScheduleOfReclassificationsOutOfAccumulatedOtherComprehensiveLossDetails Summary of Significant Accounting Policies - Schedule of Reclassifications Out of Accumulated Other Comprehensive Loss (Details) Details 42 false false R43.htm 2402401 - Disclosure - Common Stock (Details) Sheet http://www.badgermeter.com/role/CommonStockDetails Common Stock (Details) Details http://www.badgermeter.com/role/CommonStock 43 false false R44.htm 2403401 - Disclosure - Acquisitions (Details) Sheet http://www.badgermeter.com/role/AcquisitionsDetails Acquisitions (Details) Details http://www.badgermeter.com/role/Acquisitions 44 false false R45.htm 2404402 - Disclosure - Short-term Debt and Credit Lines - Schedule of Short-Term Debt (Details) Sheet http://www.badgermeter.com/role/ShortTermDebtAndCreditLinesScheduleOfShortTermDebtDetails Short-term Debt and Credit Lines - Schedule of Short-Term Debt (Details) Details 45 false false R46.htm 2404403 - Disclosure - Short-term Debt and Credit Lines - Narrative (Details) Sheet http://www.badgermeter.com/role/ShortTermDebtAndCreditLinesNarrativeDetails Short-term Debt and Credit Lines - Narrative (Details) Details 46 false false R47.htm 2405402 - Disclosure - Stock Compensation - Additional Information (Narrative) (Details) Sheet http://www.badgermeter.com/role/StockCompensationAdditionalInformationNarrativeDetails Stock Compensation - Additional Information (Narrative) (Details) Details 47 false false R48.htm 2405403 - Disclosure - Stock Compensation - Stock Options (Narrative) (Details) Sheet http://www.badgermeter.com/role/StockCompensationStockOptionsNarrativeDetails Stock Compensation - Stock Options (Narrative) (Details) Details 48 false false R49.htm 2405404 - Disclosure - Stock Compensation - Summary of Transactions of Stock Option Plans (Details) Sheet http://www.badgermeter.com/role/StockCompensationSummaryOfTransactionsOfStockOptionPlansDetails Stock Compensation - Summary of Transactions of Stock Option Plans (Details) Details 49 false false R50.htm 2405405 - Disclosure - Stock Compensation - Assumptions Used for Valuing Options Granted (Details) Sheet http://www.badgermeter.com/role/StockCompensationAssumptionsUsedForValuingOptionsGrantedDetails Stock Compensation - Assumptions Used for Valuing Options Granted (Details) Details 50 false false R51.htm 2405406 - Disclosure - Stock Compensation - Summary of Aggregate Intrinsic Value Related to Options (Details) Sheet http://www.badgermeter.com/role/StockCompensationSummaryOfAggregateIntrinsicValueRelatedToOptionsDetails Stock Compensation - Summary of Aggregate Intrinsic Value Related to Options (Details) Details 51 false false R52.htm 2405407 - Disclosure - Stock Compensation - Director Stock Grant (Narrative) (Details) Sheet http://www.badgermeter.com/role/StockCompensationDirectorStockGrantNarrativeDetails Stock Compensation - Director Stock Grant (Narrative) (Details) Details 52 false false R53.htm 2405408 - Disclosure - Stock Compensation - Restricted Stock (Narrative) (Details) Sheet http://www.badgermeter.com/role/StockCompensationRestrictedStockNarrativeDetails Stock Compensation - Restricted Stock (Narrative) (Details) Details 53 false false R54.htm 2405409 - Disclosure - Stock Compensation - Schedule of Fair Value of Nonvested Shares (Details) Sheet http://www.badgermeter.com/role/StockCompensationScheduleOfFairValueOfNonvestedSharesDetails Stock Compensation - Schedule of Fair Value of Nonvested Shares (Details) Details 54 false false R55.htm 2406402 - Disclosure - Commitments and Contingencies - Schedule of Future Minimum Lease Payments (Details) Sheet http://www.badgermeter.com/role/CommitmentsAndContingenciesScheduleOfFutureMinimumLeasePaymentsDetails Commitments and Contingencies - Schedule of Future Minimum Lease Payments (Details) Details 55 false false R56.htm 2406403 - Disclosure - Commitments and Contingencies - Narrative (Details) Sheet http://www.badgermeter.com/role/CommitmentsAndContingenciesNarrativeDetails Commitments and Contingencies - Narrative (Details) Details 56 false false R57.htm 2407402 - Disclosure - Employee Benefit Plans - Schedule of Amounts Not Yet Recognized In Net Periodic Benefit Cost (Details) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansScheduleOfAmountsNotYetRecognizedInNetPeriodicBenefitCostDetails Employee Benefit Plans - Schedule of Amounts Not Yet Recognized In Net Periodic Benefit Cost (Details) Details 57 false false R58.htm 2407403 - Disclosure - Employee Benefit Plans - Schedule of Amounts Expected to be Recognized in Net Periodic Benefit Cost (Details) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansScheduleOfAmountsExpectedToBeRecognizedInNetPeriodicBenefitCostDetails Employee Benefit Plans - Schedule of Amounts Expected to be Recognized in Net Periodic Benefit Cost (Details) Details 58 false false R59.htm 2407404 - Disclosure - Employee Benefit Plans - Components of Net Periodic Pension/Postretirement Benefit Cost (Details) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansComponentsOfNetPeriodicPensionPostretirementBenefitCostDetails Employee Benefit Plans - Components of Net Periodic Pension/Postretirement Benefit Cost (Details) Details 59 false false R60.htm 2407405 - Disclosure - Employee Benefit Plans - Schedule of Actuarial Assumptions (Details) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansScheduleOfActuarialAssumptionsDetails Employee Benefit Plans - Schedule of Actuarial Assumptions (Details) Details 60 false false R61.htm 2407406 - Disclosure - Employee Benefit Plans - Reconciliation of Benefit Obligations, Plan Assets and Funded Status (Details) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansReconciliationOfBenefitObligationsPlanAssetsAndFundedStatusDetails Employee Benefit Plans - Reconciliation of Benefit Obligations, Plan Assets and Funded Status (Details) Details 61 false false R62.htm 2407407 - Disclosure - Employee Benefit Plans - Schedule of Fair Value of Qualified Pension Plan Assets (Details) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansScheduleOfFairValueOfQualifiedPensionPlanAssetsDetails Employee Benefit Plans - Schedule of Fair Value of Qualified Pension Plan Assets (Details) Details 62 false false R63.htm 2407408 - Disclosure - Employee Benefit Plans - Qualified Pension Plan (Narrative) (Details) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansQualifiedPensionPlanNarrativeDetails Employee Benefit Plans - Qualified Pension Plan (Narrative) (Details) Details 63 false false R64.htm 2407409 - Disclosure - Employee Benefit Plans - Supplemental Non-qualified Unfunded Plans (Narrative) (Details) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansSupplementalNonQualifiedUnfundedPlansNarrativeDetails Employee Benefit Plans - Supplemental Non-qualified Unfunded Plans (Narrative) (Details) Details 64 false false R65.htm 2407410 - Disclosure - Employee Benefit Plans - Other Postretirement Benefits (Narrative) (Details) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansOtherPostretirementBenefitsNarrativeDetails Employee Benefit Plans - Other Postretirement Benefits (Narrative) (Details) Details 65 false false R66.htm 2407411 - Disclosure - Employee Benefit Plans - Schedule of Amounts Recognized in Consolidated Balance Sheets (Details) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansScheduleOfAmountsRecognizedInConsolidatedBalanceSheetsDetails Employee Benefit Plans - Schedule of Amounts Recognized in Consolidated Balance Sheets (Details) Details 66 false false R67.htm 2407412 - Disclosure - Employee Benefit Plans - Badger Meter Employee Savings and Stock Ownership Plan (Narrative) (Details) Sheet http://www.badgermeter.com/role/EmployeeBenefitPlansBadgerMeterEmployeeSavingsAndStockOwnershipPlanNarrativeDetails Employee Benefit Plans - Badger Meter Employee Savings and Stock Ownership Plan (Narrative) (Details) Details 67 false false R68.htm 2408402 - Disclosure - Income Taxes - Details of Earnings Before Income Taxes (Details) Sheet http://www.badgermeter.com/role/IncomeTaxesDetailsOfEarningsBeforeIncomeTaxesDetails Income Taxes - Details of Earnings Before Income Taxes (Details) Details 68 false false R69.htm 2408403 - Disclosure - Income Taxes - Schedule of Provision (Benefit) for Income Taxes (Details) Sheet http://www.badgermeter.com/role/IncomeTaxesScheduleOfProvisionBenefitForIncomeTaxesDetails Income Taxes - Schedule of Provision (Benefit) for Income Taxes (Details) Details 69 false false R70.htm 2408404 - Disclosure - Income Taxes - Reconciliation of Provision for Income Taxes (Details) Sheet http://www.badgermeter.com/role/IncomeTaxesReconciliationOfProvisionForIncomeTaxesDetails Income Taxes - Reconciliation of Provision for Income Taxes (Details) Details 70 false false R71.htm 2408405 - Disclosure - Income Taxes - Components of Deferred Income Taxes (Details) Sheet http://www.badgermeter.com/role/IncomeTaxesComponentsOfDeferredIncomeTaxesDetails Income Taxes - Components of Deferred Income Taxes (Details) Details 71 false false R72.htm 2408406 - Disclosure - Income Taxes - Narrative (Details) Sheet http://www.badgermeter.com/role/IncomeTaxesNarrativeDetails Income Taxes - Narrative (Details) Details 72 false false R73.htm 2408407 - Disclosure - Income Taxes - Schedule of Changes in Gross Liability for Unrecognized Tax Benefits (Details) Sheet http://www.badgermeter.com/role/IncomeTaxesScheduleOfChangesInGrossLiabilityForUnrecognizedTaxBenefitsDetails Income Taxes - Schedule of Changes in Gross Liability for Unrecognized Tax Benefits (Details) Details 73 false false R74.htm 2409401 - Disclosure - Long-Term Debt (Details) Sheet http://www.badgermeter.com/role/LongTermDebtDetails Long-Term Debt (Details) Details http://www.badgermeter.com/role/LongTermDebt 74 false false R75.htm 2410402 - Disclosure - Industry Segment and Geographic Areas (Details) Sheet http://www.badgermeter.com/role/IndustrySegmentAndGeographicAreasDetails Industry Segment and Geographic Areas (Details) Details http://www.badgermeter.com/role/IndustrySegmentAndGeographicAreasTables 75 false false R76.htm 2411402 - Disclosure - Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends (Details) Sheet http://www.badgermeter.com/role/UnauditedQuarterlyResultsOfOperationsCommonStockPriceAndDividendsDetails Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends (Details) Details http://www.badgermeter.com/role/UnauditedQuarterlyResultsOfOperationsCommonStockPriceAndDividendsTables 76 false false All Reports Book All Reports bmi-20161231.xml bmi-20161231.xsd bmi-20161231_cal.xml bmi-20161231_def.xml bmi-20161231_lab.xml bmi-20161231_pre.xml true true ZIP 97 0000009092-17-000002-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000009092-17-000002-xbrl.zip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

#]O2K MEFD.^H6GTZ#0GZ=?EFK]TLVA@"[WS&3 M\>!N^AH0Y4T%+_@"+R*WS'"#DK]"VA"!!)KQPGN,(U[E!9EE6S..[$.>9R#I MNT'_]G,VO//9E]5-@B>C9T ."TX=2')P2C$AN,KIZ262J_3D]2'GJ4AB#?%& M@4]%F$8F>9!4YR1AVJ.2B)V )A^S]N"VW_U/UGD[KPTD)9ON.9TA#-\'%B/_ MJK3T=#2"A+7SMO\-GA\,'^#=M/GT/OWD9JNZD9!@8-Y"\CZ<3$'?8BBMEIQI MYX2+(@AN#&&>*VQ4C!""8%**3/@FNAV7!D\D=JOJA]P$^-H?SY[\,,P"D&W< M[=_"%V;=;^E+EB/(><7)3&ZQ_*.3=?]XE]VV>F%:6=E+=G?BW>] ZZSS^W@. M\PZ2[X/S06#XOY#8[TT]^F-:$U^&W\ZG* M(^80UD1A(D9<@#=GU#HSYZE747KSZN!_!,'@ MQE-O!47<4P1T4F/WT+4 MEX*Z*IK01?C?_AH755[(B!577&OOB2.$,SF7;$.-*-5EY$RRT9LC+X M2]G]>)[=?WZX7S;I<3#,NK?]=Q#LO;^9K;,NTP-UI@Q@CSQ$+1XI>?L M\U*"R5MC\ Y!/L]@4YEW*EFI%'6?3D0=W1?4<;-_:Y!%\%%,4 M!4<^O\'#4F/"K)(B94KL=M M*W#'1&L3QXC%D2//L M*1R\(UGGNQIS#)=>!,3HR6HNI\=H48!MWB":.0Z[I M2 3/QR5S10K*))>EFJE6'%6AL0:8IX"]D?J$1 7Q',-$:HL(%3HW[RR0YHV3IFT4BIJX4%D# D^/UU5%JS>F@.$@R [ M,EJ;&(2"E9RI(*-3@A/X)X\LX;^M*:'%1:5V' NWQ6QE/_X8+RED_ Q0B#35 MP[G(70^+AI7JE@RPW8+)(C!/ 7L3_65$!-1#&W J5!,+0A9RAX*)+M?N,1&' M@#UM1NIW?-;N04P'\5[_6S9,#/F8GELMK2'U&X[9%YQ(I,JC]ERO-1J]O_DT M'K3_M10"35]9%(!TZ+4M".(< 2^BPEH2[@P6,B_:@ \BU"V0(.\CPG/\-V.5 M(Q^S#GA9@*0SQ:#"[:X\4>&%Y['5=N8N1N>*8QW!I\: E&#*"43SZ-PSIDI& M&Y.%Z/R(4.>$>)<*G_W.V[O[X>#;E).COPTK6R0V:9J5"CAEL!7,R80*#[G( M(A,<+[DB1!^#O'4@[ _B)JVR/AV(,68\8=8'$N"O11SJ?=E;HH4X;2N("P'^ MCO6?C7E#5<+P6,X7#G'B/%$R<">I0XSD^9'T0KSZ^0.=UX/*<.40_](:_FMZ MX-S.\B;,*I;C17J212=!!;*,0RSO/2,B"$KRJ-=PN7JF\-CG2?0;+6? 58"P M+W2[UPZKL: 0@P0=HN%6*Q0U V\QQ\(1'M9B0=$;HP?.82B/6TAB_ MD?QHT#U94I0F.@81-<04&H)7)'-)L53AM32FY(UF9\%B%TGA8/H ">0C9*I! M8\AVO2A=BV-P3*B\V"QBZ08SJASA&'K:+16R&#C7&LASW=KY1V\CSB2913K MXQ05A0N280^Q4E"1$9(?$W@6D%SOX>D;#1^JJ1034UDU&B/$<$,!TA_(-.Y*\B_5Q M2A31"DV0D)[@2#CU/)=CI81?+RGB#3^2Q=OG]NX:+#Q6TI 0N85,$WRIUSRO MKED2-T2T^FBQX#Y#T-9I;="6I'(E(.,@V,*2FB*B-6AM))!BQJ/Q8FV< I;. M!,Q*+/6WBUWF[3-_Q('GZ? 8IKL) 1$P;!.39&1\X4E;'PH09$ M92T6\HTZFC8^.4Z1UCAI M+0><@V9R[N4'&^2%'TT+-;&*0'9X /&U% ; M:? VQ.+^C9;<;K I^DBYSSXC9-?1&() PF^5,1(R!Z S@6-C3-Z@TW!Y\%B MI]R'1N9P#,%AI*P4T?'\N$3XX-=BL6O,."4DO-Q.+7RWV?N;<'??&SQDV>A3 MJ]<:/H1>]S;=EXR#X?R:@@,LA]TOD[PJNDL'V'*=5"%"K;68.1,T1.LQFOR M#B(QO=BVEU^,1&]047]Y.L@Y^K\.QMF[0;K-T(G=?JO?7NKJG-;*YCT,Z:G/ M@X_9?>OA\]?NL/,AW1Y-+Y:9CA:8GI^II1\:37_)]*M^RCX\_KU<5DN?>WQ_ MI>EVUY\8V8>%!M_W-RY]*AM.K\$6/YD:3'-J3DO@[__L9\/1U^Y](EL8#>ZK MZ^#+/2[>4!X#\YJ0B"&PMBX/^TRJO&WJXC\"1Q:9NXD@Y2_[,!FVO[9&6:K[ MM_H/J2EAT)^2H>%RN?<6&^5L#!#C!"8=MA+EI26M^&K!(%W\6V'SL7BS*[_S M;TA$F7['U!)6U.-?/&LQ0U9%:AB%H,H&KF(H?(Z)OMQ6O0]KU[!A5RZN*'PZ MAV@X6.(@(\1!&B5 $774/*55N8>55*Uʃ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̻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end