5. Shareholders' equity

6 Months Ended

Jun. 30, 2015

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

5. Shareholders’ equity

Changes in shareholders’ equity for the six months ended June 30, 2015 were as follows (in thousands):

Balance at December 31, 2014	$	25,394
Net income		1,532
Share-based compensation expense		269
Issuance of deferred stock units, net of relinquishments		121
Foreign currency translation adjustment		4
Dividends declared and paid on common stock		(1,243)
Purchase of common stock for treasury		(1,020)
Balance at June 30, 2015	$	25,057

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.