Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2018

Restrictions on Cash and Cash Equivalents

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported in the Consolidated Balance Sheet to the total amounts in the Consolidated Statement of Cash Flows as follows (in thousands):



	March 31, 2018		December 31, 2017		March 31, 2017		December 31, 2016
Cash and cash equivalents	$	12,762	$	26,692	$	59,478	$	66,006
Restricted cash in other assets	473		473		475		475
Cash, cash equivalents and restricted cash in the statement of cash flows	$	13,235	$	27,165	$	59,953	$	66,481

Schedule of Earnings Per Share, Basic and Diluted

For the three months ended March 31, 2018, the potential dilutive common stock equivalents have been excluded from the computation of diluted loss per share, as their effect would have been anti-dilutive.

(in thousands except shares and per share data)



	Three months ended March 31,
	2018			2017
Basic (loss) earnings per share computation:
Net (loss) earnings - basic and diluted	$	(4,802	)	$	831
Weighted average common shares - basic and diluted	53,458,513			53,195,580
Basic and diluted (loss) earnings per share	$	(0.09	)	$	0.02

Schedule Of Property, Plant and Equipment Useful Lives

Depreciation and amortization of property, plant and equipment is provided for under the straight-line method over the assets’ estimated useful lives as follows:



	Useful Lives
Buildings and Improvements	10 - 40 years
Machinery and Equipment	5 - 15 years
Computer Hardware and Software	3 - 5 years
Furniture Fixtures	5 years

The useful lives of the Company’s intangibles is as follows:



Intangibles Category	Amortizable Life
Trademarks and Technology	15
Customer Relationships	10