Note 9 - Accumulated Other Comprehensive Income/(Loss)

3 Months Ended

Mar. 31, 2018

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

Accumulated Other Comprehensive Income/(Loss)

(9) Accumulated Other Comprehensive Income/(Loss)

The following tables provide the changes in AOCI by component (pension, net of tax) for the three months ended March 31, 2018 and 2017:

	Foreign Currency Translation Adjustments			Pension Plans			Total
Balance as of December 31, 2017	$	(12,040	)	$	(30,188	)	$	(42,228	)
Other comprehensive income before    reclassifications		2,929			-			2,929
Amounts reclassified from accumulated other    comprehensive loss		-			295			295
Net current-period other comprehensive income		2,929			295			3,224
Balance as of March 31, 2018	$	(9,111	)	$	(29,893	)	$	(39,004	)

	Foreign Currency Translation Adjustments			Pension Plans			Total
Balance as of December 31, 2016	$	(34,290	)	$	(31,230	)	$	(65,520	)
Other comprehensive income before    reclassifications		2,468			-			2,468
Amounts reclassified from accumulated other    comprehensive loss		-			244			244
Net current-period other comprehensive income		2,468			244			2,712
Balance as of March 31, 2017	$	(31,822	)	$	(30,986	)	$	(62,808	)

The following table provides the reclassifications from AOCI by component for the three months ended March 31, 2018 and 2017:

Details about AOCI Components	Three Months Ended March 31, 2018			Three Months Ended March 31, 2017
Amortization of defined benefit pension items:
Actuarial losses	$	(404	)	$	(346	)
Prior service costs		1			(13	)
Total before tax		(403	)		(359	)
Tax benefit		108			115
Net of tax	$	(295	)	$	(244	)
Total reclassification for the period	$	(295	)	$	(244	)

The Company recognizes all components of net periodic benefit cost except service costs in “Other expenses, net” in its income statement. Service costs are recognized in “Selling, general and administrative expenses” and “Cost of goods sold” in its income statement depending on the functional area of the underlying employees included in the plan.