XML 37 R23.htm IDEA: XBRL DOCUMENT v3.3.1.900
Related Party Transactions
12 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Related Party Transactions
Related Party Transactions
Sales to NISCO, a 40%-owned joint venture accounted for as an investment under the equity method, totaled $35,843, $33,195 and $47,175 for the years ended December 31, 2015, 2014 and 2013, respectively. In March 2015, the Company received from NISCO a dividend of $680, all of which was related to earnings. In March 2014, the Company received from NISCO a dividend of $1,760, consisting of $809 related to earnings and a $951 return of capital. In March 2013, the Company received from NISCO a dividend of $4,000, consisting of $1,880 relating to earnings and a $2,120 return of capital.
Sales to Shenya Sealing (Guangzhou) Company Limited (“Guangzhou”), a 51%-owned joint venture accounted for as an investment under the equity method, totaled $4,261 for the year ended December 31, 2015. There were no sales to Guangzhou for the year ended December 31, 2014.