Acquisition (Tables)

9 Months Ended

Sep. 30, 2015

Suzhou Huasu Plastics Company Ltd [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table summarizes the consideration transferred and the estimated fair value of identified assets acquired and liabilities assumed at the date of acquisition. The final determination of fair value for certain assets and liabilities will be completed as soon as the information necessary to complete the analysis is obtained. These amounts will be finalized as soon as possible, but no later than one year from the acquisition date.

Fair value of consideration transferred—cash	$	5,518
Preexisting balances between the Company and Huasu, net	(8,538		)
Fair value of the Company's investment in Huasu before the business combination (1)	18,890
Fair value of the noncontrolling interest in Huasu (1)	1,597
	$	17,467
Preliminary allocation of consideration transferred to net assets acquired:
Cash	$	21,300
Working capital, excluding inventory and cash (2)	(5,461		)
Inventories	17,717
Property, plant and equipment	19,786
Other assets	7,760
Notes payable to banks	(21,085		)
Total identifiable net assets	40,017
Bargain purchase gain on acquisition	$	22,550

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(1) The fair values of the Company's 59.3% equity interest and the noncontrolling interest were estimated using internally developed, unobservable inputs (Level 3 inputs in the fair value hierarchy of fair value accounting) based on a cost approach.

(2) The fair value of accounts receivable acquired is $2,515, with the gross contractual amount being $3,006. The Company expects $491 to be uncollectible.