ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Sep. 30, 2017

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 13 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The changes in accumulated other comprehensive income were as follows:

	Three Months Ended September 30,
	2017			2016
Net foreign currency translation adjustment	$	1,502		$	302
Net change in postretirement benefit plan (see Note 14 for further information)
Amortization of prior service cost		19			16
Amortization of gain		(4	)		(3	)
Total before tax		15			13
Tax		(5	)		(4	)
Net of tax		10			9
Total other comprehensive income	$	1,512		$	311

	Nine Months Ended September 30,
	2017			2016
Net foreign currency translation adjustment	$	4,740		$	850
Net change in postretirement benefit plan (see Note 14 for further information)
Initial adoption of new plan		-			(444	)
Amortization of prior service cost		57			40
Amortization of gain		(12	)		(8	)
Total before tax		45			(412	)
Tax		(14	)		(9	)
Net of tax		31			(421	)
Total other comprehensive income	$	4,771		$	429

Accumulated other comprehensive loss at September 30, 2017 and December 31, 2016 consisted of the following:

	Foreign currency translation adjustment			Postretirement benefit plan			Total
Balance December 31, 2016	$	(6,707	)	$	(142	)	$	(6,849	)
Other comprehensive income		4,740			31			4,771
Balance September 30, 2017	$	(1,967	)	$	(111	)	$	(2,078	)