Accrued Liabilities

12 Months Ended

Dec. 31, 2014

Payables and Accruals [Abstract]

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

10.  Accrued Liabilities

Accrued liabilities consist of the following:

In thousands	2014		2013
Deferred revenues	$	1,721	$	2,681
Current portion of pension liability (see Note 16)		1,442		1,378
Taxes payable		1,063		802
Compensation and employee benefits		678		766
Interest payable		640		527
Directors fees		532		229
Warranty reserve		345		288
Legal fees payable		242		647
Installation costs		197		-
Audit fees		194		180
Restructuring costs		-		23
Other		803		833
Accrued Liabilities, Total	$	7,857	$	8,354

Warranty reserve: The Company provides for the estimated cost of product warranties at the time revenue is recognized.  While the Company engages in product quality programs and processes, including evaluating the quality of the component suppliers, the warranty obligation is affected by product failure rates.  Should actual product failure rates differ from the Company’s estimates, revisions to increase or decrease the estimated warranty liability may be required.  A summary of the warranty liabilities for each of the two years ended December 31, 2014 and 2013 is as follows:

In thousands	2014		2013
Balance at beginning of year	$	288	$	281
Provisions		413		66
Deductions		(356)		(59)
Balance at end of year	$	345	$	288