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Investment in Joint Venture (Tables)
9 Months Ended
Sep. 30, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Summarized Activity Related to Investment in Joint Venture
The following table summarizes activity related to our investment in the JV.
Balance as of December 31, 2017
$
39,822

Share of earnings
2,087

Accretion of basis difference from purchase accounting
(343
)
Foreign currency translation loss
(2,242
)
 
 
Balance as of September 30, 2018
$
39,324

Summarized Balance Sheet Information of Unconsolidated Joint Venture
The following tables show selected financial data of the JV.
 
 
September 30, 2018
 
December 31, 2017
Current assets
 
$
43,351

 
$
47,600

Non-current assets
 
32,352

 
24,763

Total assets
 
$
75,703

 
$
72,363

Current liabilities
 
$
27,982

 
$
26,165

Non-current liabilities
 
5

 
22

Total liabilities
 
$
27,987

 
$
26,187

Summarized Income Statement Information of Unconsolidated Joint Venture
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales
 
$
16,026

 
$
18,582

 
$
52,140

 
$
55,166

Cost of sales
 
$
14,442

 
$
15,156

 
$
45,126

 
$
43,316

Income from operations
 
$
1,207

 
$
3,204

 
$
5,872

 
$
11,000

Net income
 
$
753

 
$
2,685

 
$
4,257

 
$
9,144