Accrued Liabilities

12 Months Ended

Dec. 31, 2015

Payables and Accruals [Abstract]

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

9.  Accrued Liabilities

Accrued liabilities consist of the following:

In thousands	2015		2014
Taxes payable	$	1,059	$	1,063
Current portion of pension liability (see Note 14)		1,010		1,442
Deferred revenues		931		1,721
Directors fees		684		532
Compensation and employee benefits		614		678
Interest payable		522		640
Warranty reserve		389		345
Audit fees		137		194
Legal fees payable		68		242
Installation costs		46		197
Other		676		803
Accrued Liabilities, Total	$	6,136	$	7,857

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 the years ended December 31, 2015 and 2014 is as follows:

In thousands	2015		2014
Balance at beginning of year	$	345	$	288
Provisions		492		413
Deductions		(448)		(356)
Balance at end of year	$	389	$	345