Note 12 - Foreign Exchange Contracts

9 Months Ended

Sep. 30, 2014

Foreign Currency [Abstract]

Foreign Currency Disclosure [Text Block]

12.  Foreign Exchange Contracts

The Company’s primary exposure to foreign currency fluctuations pertains to its subsidiaries in Canada and China. In certain instances the Company may enter into foreign exchange forward contracts to manage a portion of this risk. The Company has not designated its foreign exchange forward contracts as hedges.

The following table presents the gross fair value of derivative instruments, all of which are not designated as hedging instruments:

		Asset Derivatives
(in thousands)	Classification	September 30, 2014		December 31, 2013
Foreign exchange forward contracts	Other current assets	$	—	$	10,934

		Liability Derivatives
(in thousands)	Classification	September 30, 2014		December 31, 2013
Foreign exchange forward contracts	Other current liabilities	$	—	$	11,000

All cash flows related to our foreign currency exchange contracts are classified as operating cash flows.  We recognized in other income, the following realized and unrealized gains from foreign currency forward exchange contracts:

		Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	Classification	2014		2013		2014			2013
Foreign exchange forward contracts	Other Income (Loss)	$	—	$	197	$	(145	)	$	9