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Business Segments
3 Months Ended
Mar. 31, 2014
Segment Reporting Measurement Disclosures [Abstract]  
Segment Reporting Disclosure [Text Block]

Note 3 – Business Segments

The Company's reportable operating segments are organized by geography as follows: (i) North America, (ii) Europe, Middle East and Africa (“EMEA”), (iii) Asia/Pacific and (iv) South America. Operating earnings, excluding indirect operating expenses, for the Company's reportable operating segments are comprised of revenues less costs of goods sold and SG&A directly related to the respective regions' product sales. The indirect operating expenses consist of SG&A related expenses that are not directly attributable to the product sales of each respective reportable operating segment. Other items not specifically identified with the Company's reportable operating segments include interest expense, interest income, license fees from non-consolidated affiliates and other income (expense).

The following table presents information about the performance of the Company's reportable operating segments for the three months ended March 31, 2014 and March 31, 2013:

   Three Months Ended 
   March 31,  
   2014 2013 
 Net sales      
  North America$76,716 $74,758 
  EMEA 49,189  46,707 
  Asia/Pacific 41,937  37,988 
  South America 13,832  16,740 
 Total net sales$181,674 $176,193 
         
 Operating earnings, excluding indirect operating expenses      
  North America$15,711 $15,039 
  EMEA 8,096  6,970 
  Asia/Pacific 9,918  9,628 
  South America 1,509  2,875 
 Total operating earnings, excluding indirect operating expenses 35,234  34,512 
 Indirect operating expenses (15,048)  (16,222) 
 Amortization expense (813)  (879) 
 Consolidated operating income 19,373  17,411 
 Other (expense) income, net (473)  346 
 Interest expense (525)  (744) 
 Interest income 453  169 
 Consolidated income before taxes and equity in net income of associated companies$18,828 $17,182 

Inter-segment revenue for the three months ended March 31, 2014 and March 31, 2013 were $1,950 and $2,106 for North America, $5,326 and $5,005 for EMEA, $107 and $58 for Asia/Pacific and zero for South America, respectively. However, all inter-segment transactions have been eliminated from each reportable operating segment's net sales and earnings for all periods presented.