5. Shareholders' equity

3 Months Ended

Mar. 31, 2015

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

5. Shareholders’ equity

Changes in shareholders’ equity for the three months ended March 31, 2015 were as follows (in thousands):

Balance at December 31, 2014	$	25,394
Net income		144
Share-based compensation expense		142
Issuance of deferred stock units, net of relinquishments		121
Foreign currency translation adjustment		(9)
Dividends declared and paid on common stock		(623)
Purchase of common stock for treasury		(1,020)
Balance at March 31, 2015	$	24,149

We paid a portion of the 2014 incentive bonus for the chief executive officer and chief financial officer in the form of deferred stock units.  Such deferred stock units were granted in February 2015 and were fully vested at the time of grant.