COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2015

COMMITMENTS AND CONTINGENCIES

Schedule of changes in the reserve for product warranty claims

Changes in the Company’s reserve for product warranty claims during 2015 and 2014 were as follows (in thousands):

	March 31, 2015			December 31, 2014
Warranty reserve at beginning of the year	$	786		$	629
Provision	24			234
Warranty expenditures	(26		)	(40		)
Effect of foreign currency translation	(26		)	(37		)
Warranty reserve at end of the period	$	758		$	786

Schedule of estimated future operating lease expense

Estimated future operating lease expense is as follows (in thousands):

	Lease Expense
Remainder of 2015	$	1,315
2016	1,679
2017	1,228
2018	1,047
2019	719
Thereafter	2,315
Total	$	8,303