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Investment in Joint Venture (Tables)
6 Months Ended
Jun. 30, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Summarized Activity Related to Investment in Joint Venture
The following table summarizes activity related to our investment in the JV.
 
 
Balance as of December 31, 2017
$
39,822

Share of cumulative earnings
1,718

Accretion of basis difference from purchase accounting
(240
)
Foreign currency translation loss
(785
)
 
 
Balance as of June 30, 2018
$
40,515

Summarized Balance Sheet Information of Unconsolidated Joint Venture
The following tables show selected financial data of the JV.
 
 
June 30, 2018
 
December 31, 2017
Current assets
 
$
52,856

 
$
47,600

Non-current assets
 
33,985

 
24,763

Total assets
 
$
86,841

 
$
72,363

Current liabilities
 
$
38,109

 
$
26,165

Total liabilities
 
$
38,109

 
$
26,165

Summarized Income Statement Information of Unconsolidated Joint Venture
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2018
 
2017
 
2018
 
2017
Net sales
 
$
18,111

 
$
17,473

 
$
36,114

 
$
36,584

Cost of sales
 
$
15,537

 
$
13,724

 
$
30,684

 
$
28,160

Income from operations
 
$
2,157

 
$
3,385

 
$
4,665

 
$
7,796

Net income
 
$
1,552

 
$
2,770

 
$
3,504

 
$
6,459