OTHER (INCOME) EXPENSE

6 Months Ended

Jun. 30, 2015

Other Income and Expenses [Abstract]

OTHER (INCOME) EXPENSE

13. OTHER (INCOME) EXPENSE

Other (income) expense for the six months ended June 30, 2015 consisted of a foreign currency transactional loss of $321. For the six months ended June 30, 2014 the Company had a loss of $117, including a loss on deconsolidation of a subsidiary of $83 and foreign currency transaction losses of $34. On February 28, 2014, the Company entered into an agreement to sell all of its interest in the Delavan joint venture to its joint venture partner, which closed on March 31, 2014. Our Greeneville facility has ceased the manufacturing of Delavan products as of the end of the first quarter of 2014 so no further losses from the venture are expected.