Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Summary of Significant Accounting Policies

Schedule of estimated useful lives of property, plant, and equipment

	Shorter of estimated useful life
Leasehold improvements	or remaining lease term
Buildings and improvements	20 years
Machinery & Equipment	7 -10 years
Furniture, fixtures, computers & software	3 - 7 years

Schedule of the compensation cost charged against income for plans included in selling, general & administrative expenses

The compensation cost charged against income for those plans is included in selling, general & administrative expenses as follows (in thousands):

	Year Ended December 31,
	2015		2014		2013
Share-based compensation expense	$	1,069	$	1,119	$	924

Schedule of assumptions used to determine the fair value of options using Black Scholes option pricing model

	Year Ended December 31,
	2015		2014		2013
Expected volatility	31.5% - 32.3%		32.8% - 37.9%		34.0% - 50.0%
Expected dividends	None		None		None
Risk-free interest rate	1.0% - 1.2%		0.7% - 0.9%		0.4% - 0.7%
Exercise price	$	19.97 - $22.36	$	22.55 - $25.48	$	18.85 - $21.67
Expected term	5.0 years		3.8 to 5.0 years		3.3 to 5.0 years
Weighted-average grant- date fair value	$	6.04	$	7.24	$	5.84