Note 21 - Material Overcharge Settlement

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Legal Matters and Contingencies [Text Block]

(21) Material Overcharge Settlement

The Company was a participant in a class action lawsuit against a number of polyurethane foam suppliers (“Defendants”) that recently reached settlement. The suit was filed to recover damages and obtain injunctive relief for Defendants’ alleged violations of the federal antitrust laws with respect to the fixing of prices of polyurethane foam sold from

January

1,

1999

through

August

2010.

The Company recorded a gain of approximately

$2.1

million during the year ended

December

31,

2016,

which represents the full settlement amount received. The settlement amount is recorded as “Material overcharge settlement” in the operating income section of the Consolidated Statements of Income.