Cambrex 10-K 8 Feb 18 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Jan. 31, 2018	Jun. 30, 2017
Document Information [Line Items]
Entity Registrant Name	CAMBREX CORP
Entity Central Index Key	820,081
Trading Symbol	cbm
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Common Stock, Shares Outstanding (in shares)		32,846,822
Entity Public Float			$ 1,936,518,532
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 183,284	$ 74,141
Trade receivables, less allowances of $1,061 and $341 at respective dates	75,144	110,622
Other receivables	20,891	6,748
Inventories, net	138,542	123,184
Prepaid expenses and other current assets	4,217	7,960
Total current assets	422,078	322,655
Property, plant and equipment, net	254,299	217,092
Goodwill	43,626	40,323
Intangible assets, net	13,868	14,800
Deferred income taxes	3,198	13,061
Other non-current assets	3,496	3,934
Total assets	740,565	611,865
Current liabilities:
Accounts payable	35,017	42,873
Deferred revenue and advance payments	4,707	7,506
Taxes payable	43	9,469
Accrued expenses and other current liabilities	42,774	35,614
Total current liabilities	82,541	95,462
Advance payments	39,000	39,000
Deferred income taxes	7,806	6,921
Accrued pension benefits	41,141	43,109
Other non-current liabilities	25,213	21,946
Total liabilities	195,701	206,438
Commitments and contingencies (see Notes 19 and 20)
Stockholders' equity:
Common Stock, $.10 par value; authorized 100,000,000 issued 34,270,975 and 33,927,595 shares at respective dates	3,427	3,393
Additional paid-in capital	165,979	153,681
Retained earnings	429,826	327,376
Treasury stock, at cost, 1,424,153 and 1,583,909 shares at respective dates	(12,140)	(13,503)
Accumulated other comprehensive loss	(42,228)	(65,520)
Total stockholders' equity	544,864	405,427
Total liabilities and stockholders' equity	$ 740,565	$ 611,865

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Trade receivables, allowance for doubtful accounts	$ 1,061	$ 341
Common stock par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	34,270,975	33,927,595
Treasury stock, at cost (in shares)	1,424,153	1,583,909

Consolidated Income Statements

Consolidated Income Statements - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Gross sales	$ 525,936	$ 491,538	$ 433,856
Commissions, allowances and rebates	1,995	2,369	1,949
Net sales	523,941	489,169	431,907
Other revenue, net	10,515	1,475	1,419
Net revenues	534,456	490,644	433,326
Cost of goods sold	304,369	286,419	256,361
Gross profit	230,087	204,225	176,965
Selling, general and administrative expenses	70,468	60,422	57,867
Research and development expenses	16,901	14,292	12,540
Restructuring expenses		1,158	15,573
Operating expenses	87,369	75,872	85,980
Operating profit	142,718	128,353	90,985
Other expenses/(income)
Interest expense, net	1,253	717	1,699
Other (income)/expense, net	(360)	97	(279)
Income before income taxes	141,825	127,539	89,565
Provision for income taxes	38,061	40,214	32,389
Income from continuing operations	103,764	87,325	57,176
(Loss)/income from discontinued operations, net of tax	(1,314)	(5,647)	41
Net income	$ 102,450	$ 81,678	$ 57,217
Basic earnings per share
Income from continuing operations (in dollars per share)	$ 3.18	$ 2.72	$ 1.82
(Loss)/income from discontinued operations, net of tax (in dollars per share)	(0.04)	(0.17)	0
Net income (in dollars per share)	3.14	2.55	1.82
Diluted earnings per share
Income from continuing operations (in dollars per share)	3.10	2.65	1.76
(Loss)/income from discontinued operations, net of tax (in dollars per share)	(0.04)	(0.17)	0
Net income (in dollars per share)	$ 3.06	$ 2.48	$ 1.76
Weighted average shares outstanding:
Basic weighted average shares outstanding (in shares)	32,662	32,086	31,420
Effect of dilutive stock based compensation (in shares)	824	883	1,135
Diluted weighted average shares outstanding (in shares)	33,486	32,969	32,555

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Net income	$ 102,450	$ 81,678	$ 57,217
Foreign currency translation adjustments:
Foreign currency translation adjustments during the period	22,250	(8,481)	(16,424)
Reclassification adjustments for losses included in net income		71	1,954
Interest rate swap agreement:
Unrealized net losses			(30)
Reclassification adjustments for losses included in net income			333
Income taxes			(110)
Actuarial gain/(loss)
Actuarial gain/(loss) arising during the period	461	(3,192)	3,970
Amortization to net income of net actuarial loss	1,400	1,152	1,295
Prior service cost
Amortization to net income of net prior service cost	52	52	52
Income taxes	(871)	327	(1,508)
Comprehensive income	$ 125,742	$ 71,607	$ 46,749

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Dec. 31, 2014	32,836,930
Balance at Dec. 31, 2014	$ 3,284	$ 119,265	$ 188,481	$ (14,823)	$ (44,981)	$ 251,226
Net income			57,217			57,217
Other comprehensive income (loss)					(10,468)	(10,468)
Exercise of stock options (in shares)	691,985
Exercise of stock options	$ 69	5,747				5,816
Vested restricted stock		(76)		76
Stock option expense		2,975				2,975
Restricted stock expense		353				353
Performance stock expense		2,271				2,271
Excess tax benefits		1,445				1,445
Balance (in shares) at Dec. 31, 2015	33,528,915
Balance at Dec. 31, 2015	$ 3,353	131,980	245,698	(14,747)	(55,449)	310,835
Net income			81,678			81,678
Other comprehensive income (loss)					(10,071)	(10,071)
Exercise of stock options (in shares)	398,680
Exercise of stock options	$ 40	4,901				4,941
Vested restricted stock		(92)		92
Stock option expense		3,816				3,816
Restricted stock expense		489				489
Performance stock expense		3,461				3,461
Excess tax benefits		10,278				$ 10,278
Vested performance shares		(1,152)		1,152
Balance (in shares) at Dec. 31, 2016	33,927,595					33,927,595
Balance at Dec. 31, 2016	$ 3,393	153,681	327,376	(13,503)	(65,520)	$ 405,427
Net income			102,450			102,450
Other comprehensive income (loss)					23,292	23,292
Exercise of stock options (in shares)	343,380
Exercise of stock options	$ 34	4,747				4,781
Vested restricted stock		(83)		83
Stock option expense		4,368				4,368
Restricted stock expense		571				571
Performance stock expense		3,975				3,975
Vested performance shares		(1,280)		1,280
Balance (in shares) at Dec. 31, 2017	34,270,975					34,270,975
Balance at Dec. 31, 2017	$ 3,427	$ 165,979	$ 429,826	$ (12,140)	$ (42,228)	$ 544,864

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities:
Net income	$ 102,450	$ 81,678	$ 57,217
Adjustments to reconcile net income to cash flows:
Depreciation and amortization	31,848	24,665	22,061
Non-cash deferred revenue	(4,887)	(25,822)	(12,372)
Restructuring expenses		1,138	15,573
Increase in inventory reserve	4,892	7,885	3,119
Stock based compensation	8,914	7,766	5,599
Deferred income tax provision	6,925	8,556	19,736
Toll tax	2,105
Other	581	160	(141)
Changes in assets and liabilities:
Trade receivables	40,651	(5,120)	(14,378)
Inventories	(13,283)	(23,679)	(32,721)
Prepaid expenses and other current assets	(8,123)	(729)	4,268
Accounts payable and other current liabilities	(20,114)	12,056	11,779
Deferred revenue and advance payments	985	41,962	12,178
Other non-current assets and liabilities	(5,347)	(3,961)	(5,331)
Discontinued operations:
Non-current liabilities	2,858	7,517
Net cash used in discontinued operations	(1,440)	(516)	(1,536)
Net cash provided by operating activities	149,015	133,556	85,051
Cash flows from investing activities:
Capital expenditures	(52,143)	(49,714)	(62,491)
Proceeds from sale of assets		13	2,308
Proceeds from sale of business	2,836
Acquisition of business and equity investment, net of cash acquired		(24,275)
Other			(56)
Net cash used in investing activities	(49,307)	(73,976)	(60,239)
Cash flows from financing activities:
Repayments		(30,000)	(30,000)
Proceeds from stock options exercised	4,781	4,941	5,816
Debt issuance costs		(2,515)
Net cash provided by/(used in) financing activities	4,781	(27,574)	(24,184)
Effect of exchange rate changes on cash and cash equivalents	4,654	(1,839)	(2,172)
Net increase/(decrease) in cash and cash equivalents	109,143	30,167	(1,544)
Cash and cash equivalents at beginning of year	74,141	43,974	45,518
Cash and cash equivalents at end of year	183,284	74,141	43,974
Supplemental disclosure:
Interest paid, net of capitalized interest	1,270	425	1,340
Income taxes paid, net of refunds received	$ 45,744	$ 18,210	$ 5,731

Note 1 - The Company

Note 1 - The Company	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Nature of Operations [Text Block]	( 1 The Company Cambrex Corporation and Subsidiaries (the “Company” or “Cambrex”) primarily provides products and services worldwide to pharmaceutical companies and generic drug companies. The Company is dedicated to accelerating its customers’ drug discovery, development and manufacturing processes for human therapeutics. The Company’s products consist of active pharmaceutical ingredients (“APIs”) and pharmaceutical intermediates produced under Food and Drug Administration current Good Manufacturing Practices for use in the production of prescription and over-the-counter drug products. Cambrex has four one

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	( 2 ) Summary of Significant Accounting Policies Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All other significant intercompany balances and transactions have been eliminated in consolidation. Cash Equivalents Temporary cash investments with an original maturity of less than three Allowance for Doubtful Account s The Company maintains allowances for doubtful accounts relating to estimated losses resulting from customers being unable to make required payments. Allowances for doubtful accounts are based on historical experience and known factors regarding specific customers and the industries in which those customers operate. If the financial condition of the Company’s customers were to deteriorate, resulting in their inability to make payments, additional allowances would be required. Concentrations of credit risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents and accounts receivable. In the normal course of business, the Company maintains cash balances with European Union banks up to the equivalent of $10,000 December 31, 2017 2016, one 12% 43%, not Derivative Instruments Derivative financial instruments are periodically used by the Company primarily to mitigate a variety of working capital, investment and borrowing risks. The Company primarily uses foreign currency forward contracts to minimize foreign currency exchange rate risk associated with foreign currency transactions. Changes in the fair value In the past, the Company has only used interest rate swap instruments as hedges. As such, the differential to be paid or received in connection with these instruments is accrued and recognized in income as an adjustment to interest expense. None 2017 2016 Inventories Inventories are stated at the lower of cost, determined on a first first Property, Plant and Equipment Property, plant and equipment is stated at cost, net of accumulated depreciation. Plant and equipment are depreciated on a straight-line basis over the estimated useful lives for each applicable asset group as follows: Buildings and improvements 20 to 30 or term of lease if applicable Machinery and equipment 7 to 15 Furniture and fixtures 5 to 7 Computer hardware and software 3 to 7 Expenditures for additions, major renewals or betterments are capitalized and expenditures for maintenance and repairs are charged to income as incurred. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in cost of goods sold or operating expenses. Interest is capitalized in connection with the construction and acquisition of assets that are capitalized over longer periods of time for larger amounts. The capitalized interest is recorded as part of the cost of the asset to which it relates and is amortized over the asset’s estimated useful life. Total interest capitalized in connection with ongoing construction activities was immaterial in 2017, $575 2016, $534 2015. Impairment of Goodwill The Company reviews the carrying value of goodwill to determine whether impairment may may not fourth December 31, 2015. 8 December 31, 2017 2016, not The Company first not two first not second second the impairment loss, if any. The second Based upon the Company’s most recent analysis the fair value of the reporting units substantially exceeded their carrying values. Impairment of Long-Lived Assets The Company assesses the impairment of its long-lived assets, including amortizable intangible assets, and property, plant and equipment, whenever economic events or changes in circumstances indicate that the carrying amounts of the assets may not The Company recorded a non-cash impairment charge on long-lived assets at Zenara for the year ended December 31, 2015. 8 Revenue Recognition Revenues are generally recognized when title to products and risk of loss are transferred to customers. Additional conditions for recognition of revenue are that collection of sales proceeds is reasonably assured and the Company has no Amounts billed in advance are recorded as deferred revenue and advance payments on the balance sheet. Since payments received are sometimes non-refundable, the termination of a contract by a customer prior to its completion could result in an immediate recognition of deferred revenue relating to payments already received but not Sales terms to certain customers include rebates if certain conditions are met. Additionally, sales are generally made with a limited right of return under certain conditions. The Company estimates these rebates and returns at the time of sale based on the terms of agreements with customers and historical experience and estimated orders. The Company recognizes revenue net of these estimated costs which are classified as allowances and rebates. The Company bills a portion of freight cost incurred on shipments to customers. Amounts billed to customers are recorded within net revenues. Freight costs are reflected in cost of goods sold. Income Taxes The Company and its eligible subsidiaries file a consolidated U.S. income tax return. Foreign subsidiaries are consolidated for financial reporting but are not may ’s transition to a modified territorial tax system whereby all previously untaxed undistributed foreign earnings are subject to a toll charge at reduced rates and future repatriations of foreign earnings will generally be exempt from U.S. tax, the Company wrote off the existing deferred tax liability on undistributed foreign earnings and recorded the impact of the new toll charge on foreign earnings. The Company will continue to monitor available evidence and its plans for foreign earnings and expects to continue to provide any applicable deferred taxes based on the tax liability or withholding taxes that would be due upon repatriation of amounts not Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant items subject to such estimates and assumptions include the valuation of inventory, accounts receivable, asset impairments, stock based compensation and deferred tax assets. Actual results could differ from those estimates. Environmental Costs The Company is subject to extensive and changing federal, state, local and foreign environmental laws and regulations, and has made provisions for the estimated financial impact of environmental activities. The Company’s policy is to accrue environmental related costs of a non-capital nature, including estimated litigation costs, when those costs are believed to be probable and can be reasonably estimated. The quantification of environmental exposures requires an assessment of many factors, including changing laws and regulations, advancements in environmental technologies, the quality of information available related to specific sites, the assessment stage of each site investigation, preliminary findings and the length of time involved in remediation or settlement. Such accruals are adjusted as further information develops or circumstances change. For certain matters, the Company expects to share costs with other parties. Recoveries of environmental remediation costs from other parties are recorded as assets when their receipt is deemed certain. Foreign Currency The functional currency of the Company's foreign subsidiaries is the applicable local currency. The translation of the applicable foreign currencies into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date and for revenue and expense accounts and cash flows using average rates of exchange prevailing during the year. Adjustments resulting from the translation of foreign currency financial statements are accumulated in stockholders' equity until the entity is sold or substantially liquidated. Gains or losses relating to transactions of a long-term investment nature are also accumulated in stockholders' equity. Gains or losses resulting from third as a component of other revenues, net in the consolidated income statement. Foreign currency net (losses)/gains were ( $550 $306, $605 2017, 2016 2015, Earnings p er Common Share All diluted earnings per share are computed on the basis of the weighted average shares of common stock outstanding plus common equivalent shares arising from the effect of dilutive stock options, equity-settled performance shares and restricted stock units, using the treasury stock method. For the years ended December 31, 2017, 2016 2015, 521,096, 558,499, 342,961, not Comprehensive Income Included within accumulated other comprehensive income (“AOCI”) for the Company are foreign currency translation adjustments and changes in the pensions, net of tax. Total comprehensive income/loss for the years ended December 31, 2017 2016 Reclassification Certain reclassifications have been made to prior year amounts to conform with current year presentation and recent accounting pronouncements.

Note 3 - Impact of Recently Iss

Note 3 - Impact of Recently Issued Accounting Pronouncements	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	( 3 Impact of Recently Issued Accounting Pronouncements The following accounting pronouncements became effective for the Company during 2017: Simplification of Employee Share-Based Payment Accounting In March 2016, 2016 09 January 1, 2017. no December 31, 2016. 2017, $5,236 3.7%. No To conform to the current year presentation, the Company reclassified $10,278 $1,445 December 31, 2016 2015, Simplifying the Measurement of Inventory In July 2015, 2015 11 two January 1, 2017 not The following recently issued accounting pronouncements will become effective for the Company in the future: Business Combinations – Clarifying the Definition of a Business In January 2017, 2017 01 not December 15, 2017, The Company does not Statement of Cash Flows – Restricted Cash In November 2016, 2016 18 one December 15, 2017, not Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments In August 2016, 2016 15 December 15, 2017, not Leases In February 2016, 2016 02 December 15, 2018, no not not Revenue from Contracts with Customers In May 2014, 2014 09 five 2016 December 15, 2017, On January 1, 2018, not three no Gross sales of approximately $45,000 $55,000, 2018, $12,000 $15,000. December 31, 2018 2018 2019 The estimated impact of adopting ASC 606 first 2018 Presentation of Net Periodic Benefit Cost Related to Defined Benefit Plans In March 2017, 2017 07 715 1 2 not December 15, 2017, not Simplifying the Test for Goodwill Impairment In January 2017, 2017 04 2 not December 15, 2019, not Scope of Modification Accounting, Stock Based Compensation In May 2017, 2017 09 not not December 15, 2017, Targeted Improvements to Accounting for Hedging Activities In August 2017, 2017 12 December 15, 2018,

Note 4 - Acquisitions

Note 4 - Acquisitions	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Business Combination Disclosure [Text Block]	( 4 Acquisitions In October 2016, 100% $24,275, PharmaCore, which has been renamed Cambrex High Point, Inc. (“CHP”), specializes in developing, manufacturing and scaling up small molecule APIs for projects in early clinical phases. With the acquisition of CHP, Cambrex enhances its capabilities and expertise to efficiently develop early clinical phase products and new technologies, and increases the number of potential late stage and commercial products that could be manufactured at Cambrex’s larger manufacturing sites. The allocation of the purchase price of the acquired assets and liabilities was performed on the basis of their respective fair values. The Company utilized a third $9,046, $8,422 $6,900 $4,000 $4,400. All acquisition costs have been expensed and totaled approximately $640 200 2016 December 31, 2016, $4,648 not not

Note 5 - Net Inventories

Note 5 - Net Inventories	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Inventory Disclosure [Text Block]	( 5 Net Inventories Inventories are stated at the lower of cost and net realizable value. Cost is determined on a first first Net inventories consist of the following: December 31, 2017 2016 Finished goods $ 41,521 $ 29,117 Work in process 47,386 54,463 Raw materials 42,491 33,841 Supplies 7,144 5,763 Total $ 138,542 $ 123,184 The components of inventory stated above are net of reserves of $14,052 $12,423 December 31, 2017 2016,

Note 6 - Property, Plant and Eq

Note 6 - Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	( 6 Property, Plant and Equipment Property, plant and equipment consist of the following: December 31, 2017 2016 Land $ 6,911 $ 4,268 Buildings and improvements 129,065 131,794 Machinery and equipment 451,882 377,990 Furniture and fixtures 2,850 1,995 Construction in progress 34,400 24,102 Total 625,108 540,149 Accumulated depreciation (370,809 ) (323,057 ) Net $ 254,299 $ 217,092 Depreciation expense was $29,970, $23,654, $21,196 December 31, 2017, 2016 2015, 2017 2016 $53,900 $51,604,

Note 7 - Goodwill and Intangibl

Note 7 - Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	( 7 ) Goodwill and Intangible Assets The changes in the carrying amount of goodwill for the years ended December 31, 2017 2016 Balance as of December 31, 2015 $ 32,063 Acquisition of business (see Note 4) 9,046 Translation effect (786 ) Balance as of December 31, 2016 $ 40,323 Translation effect 3,303 Balance as of December 31, 2017 $ 43,626 Acquired intangible assets, which are amortized, consist of the following: As of December 31, 2017 Amortization Period (in years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Internal-use software 3 - 7 $ 7,074 $ (1,810 ) $ 5,264 Technology-based intangibles 20 3,646 (1,413 ) 2,233 Customer-related intangibles 10 - 15 7,608 (1,237 ) 6,371 $ 18,328 $ (4,460 ) $ 13,868 As of December 31, 2016 Amortization Period (in years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Internal-use software 3 - 7 $ 6,444 $ (829 ) $ 5,615 Technology-based intangibles 20 3,204 (1,082 ) 2,122 Customer-related intangibles 10 - 15 7,522 (459 ) 7,063 $ 17,170 $ (2,370 ) $ 14,800 The change in the gross carrying amount in 2017 2016 2016 $6,900 fourth 2016, Beginning in 2014, $630 $2,297 December 31, 2017 2016, Amortization expense amounted to $1,878, $1,011, $865 December 31, 2017, 2016 2015, Amortization expense related to current intangible assets is expected to be approximately $2,035 2018 2019, $2,019 2020, $2,015 2021, $1,593 2022.

Note 8 - Restructuring Charges

Note 8 - Restructuring Charges	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	( 8 ) Restructuring Charges In late 2015, January 30, 2017, $2,800, January 30, 2017, no ’s balance sheet for 2016 2015. A long-lived asset classified as held for sale must be measured at the lower of its carrying amount or fair value less cost to sell. Prior to this measurement the Company assessed Zenara ’s assets and liabilities as well as performed a goodwill and long-lived asset impairment assessment. These assessments were based on level 3 $8,542 $3,625 2015 $1,269 2015 All the charges mentioned above, as well as a portion of certain retention bonuses, resulted in restructuring expenses of $15,573, “Restructuring expenses” on the Company’s consolidated income statement for the year ended December 31, 2015. December 31, 2016, $1,158

Note 9 - Accrued Expenses and O

Note 9 - Accrued Expenses and Other Current Liabilities	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Accrued Liabilities and Other Current Liabilities Disclosure [Text Block]	( 9 Accrued Expense s and Other Current Liabilities The components of accrued expenses and other current liabilities are as follows: December 31, 2017 2016 Salaries and employee benefits payable $ 27,451 $ 26,313 Other 15,323 9,301 Total $ 42,774 $ 35,614

Note 10 - Income Taxes

Note 10 - Income Taxes	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 10 Income Taxes Income before income taxes consists of the following: December 31, 2017 2016 2015 Domestic $ 117,273 $ 91,597 $ 71,323 International 24,552 35,942 18,242 Total $ 141,825 $ 127,539 $ 89,565 The provision for income taxes consist of the following provisions /(benefits): December 31, 2017 2016 2015 Current: Federal $ 25,201 $ 21,167 $ 2,577 International 5,674 10,491 10,076 Total current 30,875 31,658 12,653 Deferred: Federal $ 7,615 $ 8,350 $ 22,005 International (429 ) 206 (2,269 ) Total deferred 7,186 8,556 19,736 Total income tax expense $ 38,061 $ 40,214 $ 32,389 The provision for income taxes differs from the statutory federal income tax rate of 35% 2017, 2016 2015 December 31, 2017 2016 2015 Income tax provision at U.S federal statutory rate $ 49,639 $ 44,638 $ 31,347 State and local taxes, net of federal income tax benefit (207 ) (2,310 ) (2,450 ) Effect of foreign income taxed at rates other than the U.S. federal statutory rate (1,989 ) (1,154 ) 989 Foreign income inclusions - - 5,017 Tax credits (100 ) (200 ) (4,685 ) Net change in valuation allowance (315 ) 1,673 3,134 Domestic production deduction (3,347 ) (2,327 ) (1,958 ) Share-based payment compensation (5,236 ) - - Changes in tax laws 117 - - Permanent items and other (501 ) (106 ) 995 Total $ 38,061 $ 40,214 $ 32,389 Foreign income inclusions in 2015 applying ASU 2016 09, TCJA tax reform legislation enacted on December 22, 2017 makes major changes to the U.S. corporate income tax system, including lowering the U.S. federal corporate income tax rate to 21% 35%, one 2017 2022, ASC 740 s of tax law changes in the period of enactment, which for Cambrex is the fourth 2017, January 1, 2018. 118 118” not one SAB 118 three ts are not not not 740 Certain of TCJA ’s provisions require interpretation, which may 2018 07 2018 13 TCJA resulted in significant changes to the Company’s fourth 2017 15.5% 8% The Company recorded a provisional toll charge which is payable over eight $2,105 $3,599 21% 35% January 1, 2018 $1,611 The Comp any’s toll charge on accumulated foreign earnings is not not $2,105 not 15.5% 8% not one The Company ’s revaluation of domestic federal deferred tax balances to reflect the 21% $1,611 not In January 2018 hey plan to issue a proposed ASU addressing a limited scope exception to accounting for residual tax effects lodged in other comprehensive income (“OCI”). The Board expects to propose requiring companies to reclassify from OCI to retained earnings the residual tax effects arising from TCJA. The proposal is expected to be effective for all entities for annual and interim periods in fiscal years beginning after December 15, 2018, The components of deferred tax assets and liabilities as of December 31, 201 7 2016 December 31, 2017 2016 Deferred tax assets: Inventory $ 1,522 $ 2,769 Environmental 3,635 5,776 Net operating loss carryforwards 11,447 13,272 Employee benefits 11,245 16,155 Property, plant and equipment 5,007 4,448 Other 3,712 7,352 Total gross deferred tax assets 36,568 49,772 Valuation allowance (11,824 ) (11,459 ) Total deferred tax assets $ 24,744 $ 38,313 Deferred tax liabilities: Property, plant and equipment (15,275 ) (17,709 ) Intangibles and other (8,537 ) (10,583 ) Unremitted foreign earnings - (635 ) Foreign tax allocation reserve (2,710 ) (2,471 ) Other (2,830 ) (775 ) Total deferred tax liabilities $ (29,352 ) $ (32,173 ) Net deferred tax assets $ (4,608 ) $ 6,140 Classified as follows in the consolidated balance sheet: Non-current deferred tax asset 3,198 13,061 Non-current deferred tax liability (7,806 ) (6,921 ) Total $ (4,608 ) $ 6,140 T he Company expects to maintain a domestic valuation allowance against state NOLs, state tax credits and state deferred tax assets due to restrictive rules regarding realization and recent history of state losses. The Company expects to maintain a valuation allowance against certain foreign deferred tax assets, primarily NOL carryforwards, until such time as the Company attains an appropriate level of future profitability in the appropriate jurisdictions and is able to conclude that it is more likely than not The domestic valuation allowance for the years ended December 31, 2017, 2016 2015 $2 64, $2,294 2,450, 2017, 2016 2015 The foreign valuation allowance for the years ended December 31, 2017, 2016 2015 101, $698, $1,531, 2017 $51 $50 2016 $621 $77 2015 $684 $2,215 Under the tax laws of the various jurisdictions in which the Company operates, NOLs may and state NOLs acquired in the CHP stock acquisition are $7,439 $6,092, 2023 2035. $108,292 December 31, 2017 2029 2037. $2,507 In 2015, $9,850 and utilized the excess cash for debt reduction. Due in part to a continuing desire to limit credit and currency exposure related to cash held in foreign currencies or in non-U.S. banks, the Company determined that it is likely that a portion of the undistributed earnings of its foreign subsidiaries will be repatriated to the U.S. in the future. In prior periods, the Company provided deferred taxes on certain undistributed foreign earnings. Under TCJA’s transition to a modified territorial tax system whereby all previously untaxed undistributed foreign earnings are subject to a one not The following table summarizes the activity related to the Company’s unrecognized tax benefits as of December 31, 2017, 2016 2015: 2017 2016 2015 Balance at January 1 $ 1,778 $ 1,492 $ 1,643 Gross increases related to current period tax positions 215 687 281 Gross decreases related to prior period tax positions (52 ) (84 ) (52 ) Expirations of statute of limitations for the assessment of taxes (353 ) (257 ) (241 ) Settlements (134 ) - - Foreign currency translation 200 (60 ) (139 ) Balance at December 31 $ 1,654 $ 1,778 $ 1,492 Of the total balance of unrecognized tax benefits at December 31, 2017, $1,654, Gross interest and penalties at December 31, 2017, 2016, 2015, $412, $455, $475, not 2017, 2016, 2015, $153, $63, $58, Tax years 2012 The Company is also subject to examinations in its material non-U.S. jurisdictions for 2011 The Company is also subject to audits in various states for various years in which it has filed income tax returns. Previous state audits have resulted in immaterial adjustments. In the majority of states where the Company files, the Company is subject to examination for tax years 2012 During the fourth 201 7, 2014 $38 fourth 2017 not fourth 2017 $270.

Note 11 - Long-term Debt

Note 11 - Long-term Debt	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	( 1 1 ) Long-term Debt In May 2016, $500,000 five May 2021. 1.25% 2.00% December 31, 2017 2016. 2017 2016 1.9%.

Note 12 - Derivatives and Hedgi

Note 12 - Derivatives and Hedging Activities	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	( 1 2 ) Derivatives and Hedging Activities The Company operates internationally and is exposed to fluctuations in foreign exchange rates and interest rates in the normal course of business. The Company, from time to time, uses derivatives to reduce exposure to market risks resulting from fluctuations in interest rates and foreign exchange rates. All financial instruments involve market and credit risks. The Company is exposed to credit losses in the event of non-performance by the counterparties to the contracts. While there can be no not Foreign Currency Forward Contracts The Company periodically enters into foreign currency forward contracts to protect against currency fluctuations of forecasted cash flows and existing balance sheet exposures at its foreign operations, as deemed appropriate. The Company may may not For derivatives that are not None 2017 2016 $32,781, $20,896, $9,322 December 31, 2017, 2016, 2015, not no twelve The fair value of the Company ’s foreign exchange forward contracts outstanding was a gain of $83 $125 December 31, 2017 2016,

Note 13 - Fair Value Measuremen

Note 13 - Fair Value Measurements	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	( 1 3 ) Fair Value Measurements U.S. GAAP establishes a valuation hierarchy for disclosure of the inputs to the valuations used to measure fair value. This hierarchy prioritizes the inputs into three 1 2 not 3 ’s assumptions used to measure assets and liabilities at fair value. A financial asset or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement. The following table provides the assets and liabilities carried at fair value, measured on a recurring basis, as of December 31, 2017 2016. Fair Value - Level 2 December 31, 2017 December 31, 2016 Foreign currency forwards, assets $ 83 $ 125 Total $ 83 $ 125 The Company’s foreign currency forward contracts are measured at fair value using observable market inputs such as forward rates, the Company’s credit risk and its counterparties’ credit risks. Based on the Company’s continued ability to enter into forward contracts, the Company considers the markets for its fair value instruments to be active. Based on these inputs, the Company’s foreign currency forward contracts are classified within Level 2 The Company’s financial instruments also include cash and cash equivalents, accounts receivables and accounts payables. The carrying amount of these instruments approximates fair value because of their short-term nature. Refer to Note 12

Note 14 - Stockholders' Equity

Note 14 - Stockholders' Equity	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	( 1 4 ) Stockholders' Equity The Company has two 100,000,000 December 31, 2017 2016. 730,746 December 31, 2017 2016. $0.10 may December 31, 2017 2016, no 5,000,000 $0.10, may December 31, 2017 2016, no The Company held treasury shares of 1,424,153 1,583,909 December 31, 2017 2016, At December 31, 201 7, 920,308

Note 15 - Accumulated Other Com

Note 15 - Accumulated Other Comprehensive Loss	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	( 1 5 ) Accumulated Other Comprehensive Loss The following tables provide the changes in AOCI by component, net of tax, for the years ended December 31, 2017 2016: Foreign Currency Translation Adjustments Pension Plans Total Balance as of December 31, 2016 $ (34,290 ) $ (31,230 ) $ (65,520 ) Other comprehensive income before reclassifications 22,250 121 22,371 Amounts reclassified from accumulated other comprehensive loss - 921 921 Net current-period other comprehensive income 22,250 1,042 23,292 Balance as of December 31, 2017 $ (12,040 ) $ (30,188 ) $ (42,228 ) Foreign Currency Translation Adjustments Pension Plans Total Balance as of December 31, 2015 $ (25,880 ) $ (29,569 ) $ (55,449 ) Other comprehensive loss before reclassifications (8,481 ) (2,468 ) (10,949 ) Amounts reclassified from accumulated other comprehensive loss 71 807 878 Net current-period other comprehensive loss (8,410 ) (1,661 ) (10,071 ) Balance as of December 31, 2016 $ (34,290 ) $ (31,230 ) $ (65,520 ) The following table s provide the reclassifications out of AOCI by component for the years ended December 31, 2017 2016: Details about AOCI Components Amount Reclassified from AOCI for the year ended December 31, 2017 Amount Reclassified from AOCI for the year ended December 31, 2016 Amortization of defined benefit pension items: Actuarial losses $ (1,400 ) $ (1,152 ) Prior service costs (52 ) (52 ) Total before tax (1,452 ) (1,204 ) Tax benefit 531 397 Net of tax $ (921 ) $ (807 ) Foreign currency translation adjustment: Release of currency translation adjustment $ - $ (71 ) Net of tax $ - $ (71 ) Total reclassification for the period $ (921 ) $ (878 ) The Company recognizes net periodic pension cost, which includes amortization of actuarial losses and gains, and prior service costs in both selling, general and administrative expenses and cost of goods sold in its income statement depending on the functional area of the underlying employees included in the plan. The release of currency translation adjustments generated from Zenara’s balance sheet are reflected in the Company’s income statement as restructuring expenses.

Note 16 - Stock Based Compensat

Note 16 - Stock Based Compensation	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	( 1 6 ) Stock B ased Compensation T he Company recognizes compensation cost for stock options awarded to employees based on their grant-date fair value. The value of each stock option is estimated on the date of grant using the Black-Scholes option-pricing model. The weighted-average fair value per share for the stock options granted to employees for the years ended December 31, 2017, 2016 2015 $17.71, $15.17, $15.29, The following assumptions were used in determining the fair value of stock option s for grants issued in 2017, 2016 2015: 2017 2016 2015 Expected volatility 37.73% - 45.91% 42.09% - 46.49% 41.84% - 58.25% Expected term (in years) 0.97 - 6.80 0.99 - 6.80 1.25 - 6.83 Risk-free interest rate 1.06% - 2.22% 0.54% - 1.63% 0.24% - 1.93% The Company does not ’s stock. The risk-free interest rate is based on the yield of a zero three three For 20 17, 2016, 2015, $4,368, $3,816 $2,975, December 31, 2017, not $10,486. 2.7 The following table is a summary of the Company ’s stock option activity issued to employees and related information: Weighted Average Number of Shares Exercise Price Options Exercisable Outstanding at December 31, 2016 1,519,338 $ 25.22 701,797 Granted 317,331 47.53 Exercised (343,380 ) 13.92 Forfeited or expired (8,375 ) 38.13 Outstanding at December 31, 2017 1,484,914 32.53 Exercisable at December 31, 2017 727,645 $ 24.91 The aggregate intrinsic value for all stock options exercised for the years ended December 31, 2017, 2016 2015 $13,775, $14,832 $24,432, December 31, 2017 $23,436 $17,018, A summary of the Company’s nonvested stock options, restricted stock and performance shares activity is presented below: Nonvested Stock Options Nonvested Restricted Stock Nonvested Performance Shares Number of Shares Weighted- Average Grant- Date Fair Value Number of Shares Weighted- Average Grant- Date Fair Value Number of Shares Weighted- Average Grant-Date Fair Value Nonvested at December 31, 2016 817,540 $ 12.50 260 $ 41.05 316,750 $ 30.08 Granted 317,331 17.71 9,761 58.57 115,250 43.43 Vested during period (371,102 ) 11.40 (9,756 ) 58.50 (150,000 ) 17.81 Forfeited (6,500 ) 14.64 - - (5,750 ) 41.36 Nonvested at December 31, 2017 757,269 $ 15.20 265 $ 44.23 276,250 $ 42.08 Members of the Cambrex Board of Directors currently participate in an incentive plan which rewards service with restricted stock units. Awards are made annually and vest over six six For 201 7, 2016 2015, $571, $489 $353, December 31, 2017, not $8. 0.3 The Company granted equity-settled performance shares (“PSs”) to certain executives. PS awards provide the recipient the right to receive a certain number of shares of the Company’s common stock in the future, which depends on the Company’s level of achievement of net revenue and EBITDA growth as compared to the net revenue and EBITDA growth of the members of a specified peer group of companies over a three 2017, 2016 2015, $3,975, $3,461 $2,271, December 31, 2017, not $6,232. 1.6

Note 17 - Retirement Plans

Note 17 - Retirement Plans	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	( 1 7 ) Retirement Plans Domestic Pension Plan The Company maintains a defined-benefit pension plan (“Domestic Pension Plan”) for certain salaried and certain hourly employees. It is the Company’s policy to contribute to the domestic pension plan to ensure adequate funds are available in the plan to make benefit payments to plan participants and beneficiaries when required. The Company also has a Supplemental Executive Retirement Plan (“SERP”) for key executives. This plan is non-qualified and unfunded. Benefits accruing under both plans were frozen in 2007. In July 2008, January 1, 2009. January 1, 2009 10 2018. International Pension Plans A foreign subsidiary of the Company maintains a pension plan (“International Pension Plan”) for its employees that conforms to the common practice in that country. Based on local laws and customs, this plan is unfunded. The benefit obligations as of December 31, 2017 2016 Pension Plans Domestic SERP International 2017 2016 2017 2016 2017 2016 Change in benefit obligation Benefit obligation, beginning of year $ 57,718 $ 58,556 $ 1,209 $ 1,800 $ 25,002 $ 22,748 Service cost - - - - 941 742 Interest cost 2,214 2,390 9 18 732 740 Actuarial loss 2,676 427 - - 798 3,255 Benefits paid (3,422 ) (3,655 ) (609 ) (609 ) (725 ) (700 ) Currency translation effect - - - - 2,675 (1,783 ) Benefit obligation, end of year $ 59,186 $ 57,718 $ 609 $ 1,209 $ 29,423 $ 25,002 The plan assets and funded status of the Domestic Pension Plan as of December 31, 2017 2016 2017 2016 Change in plan assets Fair value of plan assets, beginning of period $ 39,524 $ 39,135 Actual return on plan assets 6,663 2,910 Contributions 3,885 1,134 Benefits paid (3,422 ) (3,655 ) Fair value of plan assets, end of period $ 46,650 $ 39,524 Unfunded status (12,536 ) (18,194 ) Accrued benefit cost, end of period $ (12,536 ) $ (18,194 ) The un funded status of the SERP was $609 $1,209 December 31, 2017 2016, $29,423 $25,002 December 31, 2017 2016, The amounts recognized in AOCI as of December 31, 2017 2016 Pension Plans Domestic SERP International 2017 2016 2017 2016 2017 2016 Actuarial loss $ 20,956 $ 23,034 $ 121 $ 362 $ 10,183 $ 9,720 Prior service cost/(benefit) - - - 57 (1 ) (7 ) Total $ 20,956 $ 23,034 $ 121 $ 419 $ 10,182 $ 9,713 The components of net periodic benefit cost are as follows: Pension Plans Domestic SERP International 2017 2016 2015 2017 2016 2015 2017 2016 2015 Components of net periodic benefit cost Service cost $ - $ - $ - $ - $ - $ - $ 941 $ 742 $ 778 Interest cost 2,214 2,390 2,430 9 18 24 732 740 589 Expected return on plan assets (2,707 ) (2,649 ) (2,870 ) - - - - - - Amortization of prior service cost/(benefit) - - - 57 57 57 (5 ) (5 ) (5 ) Recognized actuarial loss 798 776 811 241 182 154 361 194 330 Net periodic benefit cost $ 305 $ 517 $ 371 $ 307 $ 257 $ 235 $ 2,029 $ 1,671 $ 1,692 The estimated amounts that will be amortized from AOCI into net periodic benefit cost in 2018 Pension Plans Domestic SERP International Actuarial loss $ 719 $ 121 $ 407 Prior service cost/(benefit) - - (5 ) Total $ 719 $ 121 $ 402 Major assumptions used in determining the benefit obligations are presented in the following table: 2017 2016 Discount rate: Domestic Pension Plan 3.55 % 3.95 % SERP - 1.55 % International Pension Plan 2.65 % 2.80 % Rate of compensation increase: International Pension Plan 2.70 % 2.65 % Major assumptions used in determining the net benefit cost are presented in the following table: 2017 2016 2015 Discount rate: Domestic Pension Plan 3.95 % 4.20 % 3.85 % SERP 1.55 % 1.55 % 1.35 % International Pension Plan 2.80 % 3.35 % 2.40 % Expected return on plan assets: Domestic Pension Plan 7.00 % 7.00 % 7.00 % Rate of compensation increase: International Pension Plan 2.65 % 2.55 % 2.20 % In making its assumption for the long-term rate of return on plan assets, the Company has utilized historical rates earned on securities allocated consistently with its investments. The discount rate was selected by projecting cash flows associated with plan obligations, which were matched to a yield curve of high quality corporate bonds. The Company then selected the single rate that produced the same present value as if each cash flow were discounted by the corresponding spot rate on the yield curve. The aggregate Accumulated Benefit Obligation (“ABO”) of $59,186 $12,536 December 31, 2017 $28,023 December 31, 2017. The Company expects to contribute approximately $540 2018. not 2018. T he following benefit payments are expected to be paid out of the plans: Pension Plans Domestic SERP International 2018 $ 3,321 $ 609 $ 817 2019 $ 3,397 $ - $ 867 2020 $ 3,463 $ - $ 861 2021 $ 3,504 $ - $ 848 2022 $ 3,534 $ - $ 954 2023-2027 $ 17,350 $ - $ 5,344 The investment objective for the Domestic Pension Plan’s assets is to achieve long-term growth with exposure to risk at an appropriate level. The Company invests in a diversified asset mix consisting of equities (domestic and international) and taxable fixed income securities. Assets are managed to obtain the highest total rate of return in keeping with a moderate level of risk. The target allocations for plan assets are 30% 80% 25% 45% 5% 15% The fair values of the Company’s pension plan assets by asset category are as follows: Fair Value Measurements at December 31, 2017 using: Asset Category Total (Level 1) (Level 2) (Level 3) Equity securities: U.S. companies $ 18,581 $ - $ 18,581 $ - International companies 10,280 - 10,280 - U.S. fixed income 15,543 - 13,329 2,214 Commodities 2,246 - 2,246 - $ 46,650 $ - $ 44,436 $ 2,214 Fair Value Measurements at December 31, 2016 using: Asset Category Total (Level 1) (Level 2) (Level 3) Equity securities: U.S. companies $ 15,567 $ - $ 15,567 $ - International companies 8,647 - 8,647 - U.S. fixed income 13,432 - 11,234 2,198 Commodities 1,878 - 1,878 - $ 39,524 $ - $ 37,326 $ 2,198 The following table sets forth a summary of the changes in the fair value of the Domestic Plan ’s Level 3 December 31, 2017: Group Annuity Contract Balance at December 31, 2016 $ 2,198 Net investment gain 16 Balance at December 31, 2017 $ 2,214 Savings Plan Cambrex makes available to all domestic employees a savings plan. Employee contributions are matched in part by Cambrex. The cost of this plan amounted to $1,491, $1,294 $1,081 2017, 2016 2015,

Note 18 - Foreign Operations an

Note 18 - Foreign Operations and Sales	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Geographic Areas Revenues and Long Lived Assets Disclosure [Text Block]	( 1 8 ) Foreign Operations and Sales The following summarized data represents the gross sales and long lived assets for the Company’s domestic and foreign entities for 2017, 2016 2015: Domestic Foreign Total 2017 Gross sales $ 312,895 $ 213,041 $ 525,936 Long-lived assets 143,540 168,253 311,793 2016 Gross sales $ 270,773 $ 220,765 $ 491,538 Long-lived assets 136,692 135,523 272,215 2015 Gross sales $ 237,146 $ 196,710 $ 433,856 Long-lived assets 93,142 132,099 225,241 Export sales, included in domestic gross sales, in 2017, 2016 2015 $195,193, $182,215 $159,048, The following table shows the destination of gross sales by geographic area: 2017 2016 2015 Europe $ 327,309 $ 321,525 $ 280,593 North America 170,490 138,328 127,024 Asia 17,625 17,996 14,024 Other 10,512 13,689 12,215 Total $ 525,936 $ 491,538 $ 433,856 One customer accounted for 35.1%, 36.9% 34.5% 2017, 2016 2015

Note 19 - Commitments

Note 19 - Commitments	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Commitments Disclosure [Text Block]	( 19 ) Commitments The Company has operating leases expiring on various dates through the year 2025. December 31, 2017, Year ended December 31: 2018 $ 833 2019 383 2020 262 2021 233 2022 214 2023 and thereafter 89 Total commitments $ 2,014 Total operating lease expense was $2,334, $2,044 $1,048, December 31, 2017, 2016 2015, The Company is party to several unconditional purchase obligations resulting from contracts that contain legally binding provisions with respect to quantities, pricing and timing of purchases. The Company’s purchase obligations includes approximately $10,250 2018 December 31, 2017, Year ended December 31: 2018 $ 19,240 2019 359 2020 188 2021 - 2022 - Total commitments $ 19,787

Note 20 - Contingencies

Note 20 - Contingencies	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	( 2 0 ) Contingencies The Company is subject to various investigations, claims and legal proceedings covering a wide range of matters that arise in the ordinary course of its business activities. The Company continually assesses known facts and circumstances as they pertain to applicable legal and environmental matters and evaluates the need for reserves and disclosures as deemed necessary based on these facts and circumstances. These matters, either individually or in the aggregate, could result in actual costs that are significantly higher than the Company’s current assessment and could have a material adverse effect on the Company's operating results and cash flows in future reporting periods. Based upon past experience, the Company believes that payments significantly in excess of current reserves, if required, would be made over an extended number of years. Environmental In connection with laws and regulations pertaining to the protection of the environment, the Company and its subsidiaries are a party to several environmental proceedings and remediation activities and along with other companies, have been named a potentially responsible party (“PRP”) for certain waste disposal sites ("Superfund sites"). All of the liabilities currently recorded on the Company’s balance sheet for environmental proceedings are associated with discontinued operations. The Company had insurance policies in place at certain of the discontinued operations for certain years that the Company believes should cover some portion of the recorded liabilities or potential future liabilities and the Company expects the net cash impact related to the contingencies described below to be reduced by the applicable income tax rate. It is the Company ’s policy to record appropriate liabilities for environmental matters where remedial efforts are probable and the costs can be reasonably estimated. Such liabilities are based on the Company’s estimate of the undiscounted future costs required to complete the remedial work. Each of these matters is subject to various uncertainties, and it is possible that some of these matters will be decided against the Company. The resolution of such matters often spans several years and frequently involves regulatory oversight or adjudication. Additionally, many remediation requirements are fluid and are likely to be affected by future technological, site and regulatory developments. It is not In matters where the Company is able to reasonably estimate the probable and estimable costs associated with environmental proceedings, the Company accrues for the estimated costs associated with the study and remediation of applicable sites. At December 31, 2017, $17,511, $16,976 December 31, 2016, $16,703, $15,441 $2,858, $2,050. not Bayonne As a result of the sale of a Bayonne, New Jersey facility, the Company became obligated to investigate site conditions and conduct required remediation under the New Jersey Industrial Site Recovery Act. The Company completed an investigation and sampling plan at the property pursuant to the New Jersey Department of Environmental Protection’s (“NJDEP”) private oversight program. The results will be used to develop a proposed remedial plan for the site, an outline of which was presented to the new property owner in December 2017. December 31, 2017, $717. Clifton and Carlstadt The Company has implemented a sampling and pilot program in Clifton and Carlstadt, New Jersey pursuant to the NJDEP private oversight program. The results of the sampling and pilot program to date have been used to develop an estimate of the Company's future liability for remediation costs, and the Company continues to move forward with the projects at each site in accordance with the established schedules and work plans. As of December 31, 2017, $1,845. Berry ’s Creek The Company received a notice from the United States Environmental Protection Agency (“USEPA”) that two In June 2016, April 2017, description of the phased and adaptive management approach to the Berry’s Creek remedy. The scope of remedial activities in the initial interim remedy is currently being developed and based upon preliminary cost estimates, the Company’s reserve was $9,829 December 31, 2017. may may not no 2.4%. While any resolution of this matter is not In July 2014, not Maybrook Site A subsidiary of Cambrex is named a PRP of a site in Hamptonburgh, New York by the USEPA in connection with the discharge, under appropriate permits, of wastewater at that site prior to Cambrex's acquisition in 1986. 2012 pending approval by the USEPA. The PRPs will continue implementing the ground water remediation at the site. USEPA has advised that the site will be subject to its 5 June 2018. May 2017, $363 December 31, 2017, $329, Harriman Site Subsidiaries of Cambrex and Pfizer are named as responsible parties for the Company’s former Harriman, New York production facility by the New York State Department of Environmental Conservation (“NYSDEC”). A final Record of Decision (“ROD”) describing the Harriman site remediation responsibilities for Pfizer and the Company was issued in 1997 “1997 1998 December 2013, 1997 Site clean-up work under the 1997 2013 2014, August 2016. January 5, 2017, agreed to submit a revised version of the August 2016 September 2017, not 1997 no As it is too soon to determine whether the NYSDEC’s requests or the reports and remedial plans, when finalized, will result in any significant changes to the Company’s responsibilities, no No $2,000 $7,000. December 31, 2017, $3,365. The Company intends to enforce all of its contractual rights to recover costs and for indemnification under a 2007 May 2016, not 2007 11 Scientific Chemical Processing (“SCP”) Superfund Site A subsidiary of Cambrex was named a PRP of the SCP Superfund site, located in Carlstadt, New Jersey, along with approximately 130 A final allocation of SCP Site costs (excluding Berry’s Creek costs) is expected to be finalized in early 2018. December 31, 2017, $762, $488 Newark Bay Complex The USEPA and a private party group are evaluating remediation plans for the Passaic River, Newark Bay, Hackensack River, Arthur Kill, Kill Van Kull and adjacent waters (the “Newark Bay Complex”). Although the Company is not 8.3 $1.38 no The Company is involved in other related and unrelated environmental matters where the range of liability is not not Litigation and Other Matters Lorazepam and Clorazepate In 1998, two All cases have been resolved except for one four 2008 2011, $67,260. In 2003, $12,415 Other The Company has commitments incident to the ordinary course of business including corporate guarantees of certain subsidiary obligations to the Company ’s lenders related to financial assurance obligations under certain environmental laws for remediation; closure and third third the manufacture and sale of Company products that fail to meet product warranties and contract provisions for indemnification protecting licensees against intellectual property infringement related to licensed Company technology or processes. Additionally, as permitted under Delaware law, the Company indemnifies its officers, directors and employees for certain events or occurrences while the officer, director or employee is, or was, serving at the Company’s request in such capacity. The term of the indemnification period is for the officer's, director's or employee’s lifetime. The maximum potential amount of future payments the Company could be required to make under these indemnification agreements is unlimited; however, the Company has a director and officer insurance policy that covers a portion of any potential exposure. The Company currently believes the estimated fair value of its indemnification agreements is not no December 31, 2017. The Company's subsidiaries are party to a number of other proceedings that are not

Note 21 - Discontinued Operatio

Note 21 - Discontinued Operations	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	( 2 1 ) Discontinued Operations For all periods presented, financial results for discontinued operations relate to environmental investigation and remediation expenses for divested sites. The following table is a reconciliation of the pre-tax (loss)/income from discontinued operations to the net (loss)/income from discontinued operations, as presented on the income statement: 2017 2016 2015 Pre-tax (loss)/income from discontinued operations $ (2,020 ) $ (8,777 ) $ 63 Income tax benefit/(expense) 706 3,130 (22 ) (Loss)/income from discontinued operations, net of tax $ (1,314 ) $ (5,647 ) $ 41 As of December 31, 2017 2016, $17,511 $16,703, $1,440, $516, $1,536 2017, 2016, 2015, 20

Selected Quarterly Financial an

Selected Quarterly Financial and Supplementary Data	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Quarterly Financial Information [Text Block]	CAMBREX CORPORATION AND SUBSIDIARIES SELECTED QUARTERLY FINANCIAL AND SUPPLEMENTARY DATA - UNAUDITED (in thousands, except per share data) 1st 2nd 3rd 4th Quarter Quarter Quarter Quarter 2017 Gross sales $ 103,711 $ 134,487 $ 112,233 $ 175,505 Net revenues 105,006 134,554 112,619 182,277 Gross profit 46,825 57,502 46,889 78,871 Income from continuing operations (1) 21,115 25,124 17,276 40,249 (Loss)/income from discontinued operations (3) (1,250 ) (94 ) 20 10 Net income 19,865 25,030 17,296 40,259 Earnings per share of common stock: (4) Basic 0.61 0.77 0.53 1.23 Diluted 0.60 0.75 0.52 1.20 Average shares: Basic 32,454 32,629 32,749 32,810 Diluted 33,365 33,469 33,512 33,532 1st 2nd 3rd 4th Quarter Quarter Quarter Quarter 2016 Gross sales $ 93,935 $ 119,054 $ 99,867 $ 178,682 Net revenues 94,741 118,638 99,399 177,866 Gross profit 38,899 48,557 37,602 79,167 Income from continuing operations (2) 14,845 20,810 13,721 37,949 Loss from discontinued operations (3) (263 ) (316 ) (4,503 ) (565 ) Net income 14,582 20,494 9,218 37,384 Earnings per share of common stock: (4) Basic 0.46 0.64 0.29 1.16 Diluted 0.44 0.62 0.28 1.13 Average shares: Basic 31,886 32,063 32,149 32,240 Diluted 32,771 32,926 32,999 33,107 ( 1 Income from continuing operations for the first, second, third, and fourth $2,654 , $1,725, $735, $122, 2016 09, $117 fourth ( 2 Income from continuing operations for the first, second, third, and fourth $290 $154 $47 $761 ( 3 Discontinued operations include charges and reimbursements for environmental remediation related to sites of divested businesses. ( 4 Earnings per share calculations for each of the quarters are based on the weighted average number of shares outstanding for each period. As such, the sum of the quarters may not

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	SCHEDULE II CAMBREX CORPORATION VALUATION AND QUALIFYING ACCOUNTS FOR THE YEARS ENDED DECEMBER 31, 20 1 7 , 201 6 and 201 5 (dollars in thousands) Column A Column B Column C Column D Column E Additions Charged/ Charged/ Balance (Credited) to (Credited) to Balance Beginning Cost and Other End of of Year Expenses Accounts Deductions Year Description Year ended December 31, 2017: Doubtful trade receivables and returns and allowances $ 341 $ 674 $ 69 $ 23 $ 1,061 Deferred tax valuation allowance 11,459 315 50 - 11,824 Year ended December 31, 2016: Doubtful trade receivables and returns and allowances $ 304 $ 61 $ (24 ) $ - $ 341 Deferred tax valuation allowance 9,863 1,673 (77 ) - 11,459 Year ended December 31, 2015: Doubtful trade receivables and returns and allowances $ 346 $ (11 ) $ (31 ) $ - $ 304 Deferred tax valuation allowance 8,944 3,134 (2,215 ) - 9,863

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All other significant intercompany balances and transactions have been eliminated in consolidation.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash Equivalents Temporary cash investments with an original maturity of less than three
Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy [Policy Text Block]	Allowance for Doubtful Account s The Company maintains allowances for doubtful accounts relating to estimated losses resulting from customers being unable to make required payments. Allowances for doubtful accounts are based on historical experience and known factors regarding specific customers and the industries in which those customers operate. If the financial condition of the Company’s customers were to deteriorate, resulting in their inability to make payments, additional allowances would be required.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations of credit risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents and accounts receivable. In the normal course of business, the Company maintains cash balances with European Union banks up to the equivalent of $10,000 December 31, 2017 2016, one 12% 43%, not
Derivatives, Policy [Policy Text Block]	Derivative Instruments Derivative financial instruments are periodically used by the Company primarily to mitigate a variety of working capital, investment and borrowing risks. The Company primarily uses foreign currency forward contracts to minimize foreign currency exchange rate risk associated with foreign currency transactions. Changes in the fair value In the past, the Company has only used interest rate swap instruments as hedges. As such, the differential to be paid or received in connection with these instruments is accrued and recognized in income as an adjustment to interest expense. None 2017 2016
Inventory, Policy [Policy Text Block]	Inventories Inventories are stated at the lower of cost, determined on a first first
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Plant and Equipment Property, plant and equipment is stated at cost, net of accumulated depreciation. Plant and equipment are depreciated on a straight-line basis over the estimated useful lives for each applicable asset group as follows: Buildings and improvements 20 to 30 or term of lease if applicable Machinery and equipment 7 to 15 Furniture and fixtures 5 to 7 Computer hardware and software 3 to 7 Expenditures for additions, major renewals or betterments are capitalized and expenditures for maintenance and repairs are charged to income as incurred. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in cost of goods sold or operating expenses. Interest is capitalized in connection with the construction and acquisition of assets that are capitalized over longer periods of time for larger amounts. The capitalized interest is recorded as part of the cost of the asset to which it relates and is amortized over the asset’s estimated useful life. Total interest capitalized in connection with ongoing construction activities was immaterial in 2017, $575 2016, $534 2015.
Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy [Policy Text Block]	Impairment of Goodwill The Company reviews the carrying value of goodwill to determine whether impairment may may not fourth December 31, 2015. 8 December 31, 2017 2016, not The Company first not two first not second second the impairment loss, if any. The second Based upon the Company’s most recent analysis the fair value of the reporting units substantially exceeded their carrying values.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets The Company assesses the impairment of its long-lived assets, including amortizable intangible assets, and property, plant and equipment, whenever economic events or changes in circumstances indicate that the carrying amounts of the assets may not The Company recorded a non-cash impairment charge on long-lived assets at Zenara for the year ended December 31, 2015. 8
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition Revenues are generally recognized when title to products and risk of loss are transferred to customers. Additional conditions for recognition of revenue are that collection of sales proceeds is reasonably assured and the Company has no Amounts billed in advance are recorded as deferred revenue and advance payments on the balance sheet. Since payments received are sometimes non-refundable, the termination of a contract by a customer prior to its completion could result in an immediate recognition of deferred revenue relating to payments already received but not Sales terms to certain customers include rebates if certain conditions are met. Additionally, sales are generally made with a limited right of return under certain conditions. The Company estimates these rebates and returns at the time of sale based on the terms of agreements with customers and historical experience and estimated orders. The Company recognizes revenue net of these estimated costs which are classified as allowances and rebates. The Company bills a portion of freight cost incurred on shipments to customers. Amounts billed to customers are recorded within net revenues. Freight costs are reflected in cost of goods sold.
Income Tax, Policy [Policy Text Block]	Income Taxes The Company and its eligible subsidiaries file a consolidated U.S. income tax return. Foreign subsidiaries are consolidated for financial reporting but are not may ’s transition to a modified territorial tax system whereby all previously untaxed undistributed foreign earnings are subject to a toll charge at reduced rates and future repatriations of foreign earnings will generally be exempt from U.S. tax, the Company wrote off the existing deferred tax liability on undistributed foreign earnings and recorded the impact of the new toll charge on foreign earnings. The Company will continue to monitor available evidence and its plans for foreign earnings and expects to continue to provide any applicable deferred taxes based on the tax liability or withholding taxes that would be due upon repatriation of amounts not
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant items subject to such estimates and assumptions include the valuation of inventory, accounts receivable, asset impairments, stock based compensation and deferred tax assets. Actual results could differ from those estimates.
Environmental Costs, Policy [Policy Text Block]	Environmental Costs The Company is subject to extensive and changing federal, state, local and foreign environmental laws and regulations, and has made provisions for the estimated financial impact of environmental activities. The Company’s policy is to accrue environmental related costs of a non-capital nature, including estimated litigation costs, when those costs are believed to be probable and can be reasonably estimated. The quantification of environmental exposures requires an assessment of many factors, including changing laws and regulations, advancements in environmental technologies, the quality of information available related to specific sites, the assessment stage of each site investigation, preliminary findings and the length of time involved in remediation or settlement. Such accruals are adjusted as further information develops or circumstances change. For certain matters, the Company expects to share costs with other parties. Recoveries of environmental remediation costs from other parties are recorded as assets when their receipt is deemed certain.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency The functional currency of the Company's foreign subsidiaries is the applicable local currency. The translation of the applicable foreign currencies into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date and for revenue and expense accounts and cash flows using average rates of exchange prevailing during the year. Adjustments resulting from the translation of foreign currency financial statements are accumulated in stockholders' equity until the entity is sold or substantially liquidated. Gains or losses relating to transactions of a long-term investment nature are also accumulated in stockholders' equity. Gains or losses resulting from third as a component of other revenues, net in the consolidated income statement. Foreign currency net (losses)/gains were ( $550 $306, $605 2017, 2016 2015,
Earnings Per Share, Policy [Policy Text Block]	Earnings p er Common Share All diluted earnings per share are computed on the basis of the weighted average shares of common stock outstanding plus common equivalent shares arising from the effect of dilutive stock options, equity-settled performance shares and restricted stock units, using the treasury stock method. For the years ended December 31, 2017, 2016 2015, 521,096, 558,499, 342,961, not
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Included within accumulated other comprehensive income (“AOCI”) for the Company are foreign currency translation adjustments and changes in the pensions, net of tax. Total comprehensive income/loss for the years ended December 31, 2017 2016
Reclassification, Policy [Policy Text Block]	Reclassification Certain reclassifications have been made to prior year amounts to conform with current year presentation and recent accounting pronouncements.

Note 2 - Summary of Significa32

Note 2 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Estimated Useful Lives for Each Asset Group [Table Text Block]	Buildings and improvements 20 to 30 or term of lease if applicable Machinery and equipment 7 to 15 Furniture and fixtures 5 to 7 Computer hardware and software 3 to 7

Note 5 - Net Inventories (Table

Note 5 - Net Inventories (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Inventory, Current [Table Text Block]	December 31, 2017 2016 Finished goods $ 41,521 $ 29,117 Work in process 47,386 54,463 Raw materials 42,491 33,841 Supplies 7,144 5,763 Total $ 138,542 $ 123,184

Note 6 - Property, Plant and 34

Note 6 - Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	December 31, 2017 2016 Land $ 6,911 $ 4,268 Buildings and improvements 129,065 131,794 Machinery and equipment 451,882 377,990 Furniture and fixtures 2,850 1,995 Construction in progress 34,400 24,102 Total 625,108 540,149 Accumulated depreciation (370,809 ) (323,057 ) Net $ 254,299 $ 217,092

Note 7 - Goodwill and Intangi35

Note 7 - Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Goodwill [Table Text Block]	Balance as of December 31, 2015 $ 32,063 Acquisition of business (see Note 4) 9,046 Translation effect (786 ) Balance as of December 31, 2016 $ 40,323 Translation effect 3,303 Balance as of December 31, 2017 $ 43,626
Schedule of Finite-Lived Intangible Assets [Table Text Block]	As of December 31, 2017 Amortization Period (in years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Internal-use software 3 - 7 $ 7,074 $ (1,810 ) $ 5,264 Technology-based intangibles 20 3,646 (1,413 ) 2,233 Customer-related intangibles 10 - 15 7,608 (1,237 ) 6,371 $ 18,328 $ (4,460 ) $ 13,868 As of December 31, 2016 Amortization Period (in years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Internal-use software 3 - 7 $ 6,444 $ (829 ) $ 5,615 Technology-based intangibles 20 3,204 (1,082 ) 2,122 Customer-related intangibles 10 - 15 7,522 (459 ) 7,063 $ 17,170 $ (2,370 ) $ 14,800

Note 9 - Accrued Expenses and36

Note 9 - Accrued Expenses and Other Current Liabilities (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	December 31, 2017 2016 Salaries and employee benefits payable $ 27,451 $ 26,313 Other 15,323 9,301 Total $ 42,774 $ 35,614

Note 10 - Income Taxes (Tables)

Note 10 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	December 31, 2017 2016 2015 Domestic $ 117,273 $ 91,597 $ 71,323 International 24,552 35,942 18,242 Total $ 141,825 $ 127,539 $ 89,565
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	December 31, 2017 2016 2015 Current: Federal $ 25,201 $ 21,167 $ 2,577 International 5,674 10,491 10,076 Total current 30,875 31,658 12,653 Deferred: Federal $ 7,615 $ 8,350 $ 22,005 International (429 ) 206 (2,269 ) Total deferred 7,186 8,556 19,736 Total income tax expense $ 38,061 $ 40,214 $ 32,389
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	December 31, 2017 2016 2015 Income tax provision at U.S federal statutory rate $ 49,639 $ 44,638 $ 31,347 State and local taxes, net of federal income tax benefit (207 ) (2,310 ) (2,450 ) Effect of foreign income taxed at rates other than the U.S. federal statutory rate (1,989 ) (1,154 ) 989 Foreign income inclusions - - 5,017 Tax credits (100 ) (200 ) (4,685 ) Net change in valuation allowance (315 ) 1,673 3,134 Domestic production deduction (3,347 ) (2,327 ) (1,958 ) Share-based payment compensation (5,236 ) - - Changes in tax laws 117 - - Permanent items and other (501 ) (106 ) 995 Total $ 38,061 $ 40,214 $ 32,389
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	December 31, 2017 2016 Deferred tax assets: Inventory $ 1,522 $ 2,769 Environmental 3,635 5,776 Net operating loss carryforwards 11,447 13,272 Employee benefits 11,245 16,155 Property, plant and equipment 5,007 4,448 Other 3,712 7,352 Total gross deferred tax assets 36,568 49,772 Valuation allowance (11,824 ) (11,459 ) Total deferred tax assets $ 24,744 $ 38,313 Deferred tax liabilities: Property, plant and equipment (15,275 ) (17,709 ) Intangibles and other (8,537 ) (10,583 ) Unremitted foreign earnings - (635 ) Foreign tax allocation reserve (2,710 ) (2,471 ) Other (2,830 ) (775 ) Total deferred tax liabilities $ (29,352 ) $ (32,173 ) Net deferred tax assets $ (4,608 ) $ 6,140 Classified as follows in the consolidated balance sheet: Non-current deferred tax asset 3,198 13,061 Non-current deferred tax liability (7,806 ) (6,921 ) Total $ (4,608 ) $ 6,140
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	2017 2016 2015 Balance at January 1 $ 1,778 $ 1,492 $ 1,643 Gross increases related to current period tax positions 215 687 281 Gross decreases related to prior period tax positions (52 ) (84 ) (52 ) Expirations of statute of limitations for the assessment of taxes (353 ) (257 ) (241 ) Settlements (134 ) - - Foreign currency translation 200 (60 ) (139 ) Balance at December 31 $ 1,654 $ 1,778 $ 1,492

Note 13 - Fair Value Measurem38

Note 13 - Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Fair Value - Level 2 December 31, 2017 December 31, 2016 Foreign currency forwards, assets $ 83 $ 125 Total $ 83 $ 125

Note 15 - Accumulated Other C39

Note 15 - Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Foreign Currency Translation Adjustments Pension Plans Total Balance as of December 31, 2016 $ (34,290 ) $ (31,230 ) $ (65,520 ) Other comprehensive income before reclassifications 22,250 121 22,371 Amounts reclassified from accumulated other comprehensive loss - 921 921 Net current-period other comprehensive income 22,250 1,042 23,292 Balance as of December 31, 2017 $ (12,040 ) $ (30,188 ) $ (42,228 ) Foreign Currency Translation Adjustments Pension Plans Total Balance as of December 31, 2015 $ (25,880 ) $ (29,569 ) $ (55,449 ) Other comprehensive loss before reclassifications (8,481 ) (2,468 ) (10,949 ) Amounts reclassified from accumulated other comprehensive loss 71 807 878 Net current-period other comprehensive loss (8,410 ) (1,661 ) (10,071 ) Balance as of December 31, 2016 $ (34,290 ) $ (31,230 ) $ (65,520 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Details about AOCI Components Amount Reclassified from AOCI for the year ended December 31, 2017 Amount Reclassified from AOCI for the year ended December 31, 2016 Amortization of defined benefit pension items: Actuarial losses $ (1,400 ) $ (1,152 ) Prior service costs (52 ) (52 ) Total before tax (1,452 ) (1,204 ) Tax benefit 531 397 Net of tax $ (921 ) $ (807 ) Foreign currency translation adjustment: Release of currency translation adjustment $ - $ (71 ) Net of tax $ - $ (71 ) Total reclassification for the period $ (921 ) $ (878 )

Note 16 - Stock Based Compens40

Note 16 - Stock Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2017 2016 2015 Expected volatility 37.73% - 45.91% 42.09% - 46.49% 41.84% - 58.25% Expected term (in years) 0.97 - 6.80 0.99 - 6.80 1.25 - 6.83 Risk-free interest rate 1.06% - 2.22% 0.54% - 1.63% 0.24% - 1.93%
Share-based Compensation, Stock Options, Activity [Table Text Block]	Weighted Average Number of Shares Exercise Price Options Exercisable Outstanding at December 31, 2016 1,519,338 $ 25.22 701,797 Granted 317,331 47.53 Exercised (343,380 ) 13.92 Forfeited or expired (8,375 ) 38.13 Outstanding at December 31, 2017 1,484,914 32.53 Exercisable at December 31, 2017 727,645 $ 24.91
Schedule of Nonvested Share Activity [Table Text Block]	Nonvested Stock Options Nonvested Restricted Stock Nonvested Performance Shares Number of Shares Weighted- Average Grant- Date Fair Value Number of Shares Weighted- Average Grant- Date Fair Value Number of Shares Weighted- Average Grant-Date Fair Value Nonvested at December 31, 2016 817,540 $ 12.50 260 $ 41.05 316,750 $ 30.08 Granted 317,331 17.71 9,761 58.57 115,250 43.43 Vested during period (371,102 ) 11.40 (9,756 ) 58.50 (150,000 ) 17.81 Forfeited (6,500 ) 14.64 - - (5,750 ) 41.36 Nonvested at December 31, 2017 757,269 $ 15.20 265 $ 44.23 276,250 $ 42.08

Note 17 - Retirement Plans (Tab

Note 17 - Retirement Plans (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Changes in Projected Benefit Obligations [Table Text Block]	Pension Plans Domestic SERP International 2017 2016 2017 2016 2017 2016 Change in benefit obligation Benefit obligation, beginning of year $ 57,718 $ 58,556 $ 1,209 $ 1,800 $ 25,002 $ 22,748 Service cost - - - - 941 742 Interest cost 2,214 2,390 9 18 732 740 Actuarial loss 2,676 427 - - 798 3,255 Benefits paid (3,422 ) (3,655 ) (609 ) (609 ) (725 ) (700 ) Currency translation effect - - - - 2,675 (1,783 ) Benefit obligation, end of year $ 59,186 $ 57,718 $ 609 $ 1,209 $ 29,423 $ 25,002
Schedule of Changes in Fair Value of Plan Assets [Table Text Block]	2017 2016 Change in plan assets Fair value of plan assets, beginning of period $ 39,524 $ 39,135 Actual return on plan assets 6,663 2,910 Contributions 3,885 1,134 Benefits paid (3,422 ) (3,655 ) Fair value of plan assets, end of period $ 46,650 $ 39,524 Unfunded status (12,536 ) (18,194 ) Accrued benefit cost, end of period $ (12,536 ) $ (18,194 )
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]	Pension Plans Domestic SERP International 2017 2016 2017 2016 2017 2016 Actuarial loss $ 20,956 $ 23,034 $ 121 $ 362 $ 10,183 $ 9,720 Prior service cost/(benefit) - - - 57 (1 ) (7 ) Total $ 20,956 $ 23,034 $ 121 $ 419 $ 10,182 $ 9,713
Schedule of Net Benefit Costs [Table Text Block]	Pension Plans Domestic SERP International 2017 2016 2015 2017 2016 2015 2017 2016 2015 Components of net periodic benefit cost Service cost $ - $ - $ - $ - $ - $ - $ 941 $ 742 $ 778 Interest cost 2,214 2,390 2,430 9 18 24 732 740 589 Expected return on plan assets (2,707 ) (2,649 ) (2,870 ) - - - - - - Amortization of prior service cost/(benefit) - - - 57 57 57 (5 ) (5 ) (5 ) Recognized actuarial loss 798 776 811 241 182 154 361 194 330 Net periodic benefit cost $ 305 $ 517 $ 371 $ 307 $ 257 $ 235 $ 2,029 $ 1,671 $ 1,692
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]	Pension Plans Domestic SERP International Actuarial loss $ 719 $ 121 $ 407 Prior service cost/(benefit) - - (5 ) Total $ 719 $ 121 $ 402
Schedule of Assumptions Used [Table Text Block]	2017 2016 Discount rate: Domestic Pension Plan 3.55 % 3.95 % SERP - 1.55 % International Pension Plan 2.65 % 2.80 % Rate of compensation increase: International Pension Plan 2.70 % 2.65 % 2017 2016 2015 Discount rate: Domestic Pension Plan 3.95 % 4.20 % 3.85 % SERP 1.55 % 1.55 % 1.35 % International Pension Plan 2.80 % 3.35 % 2.40 % Expected return on plan assets: Domestic Pension Plan 7.00 % 7.00 % 7.00 % Rate of compensation increase: International Pension Plan 2.65 % 2.55 % 2.20 %
Schedule of Expected Benefit Payments [Table Text Block]	Pension Plans Domestic SERP International 2018 $ 3,321 $ 609 $ 817 2019 $ 3,397 $ - $ 867 2020 $ 3,463 $ - $ 861 2021 $ 3,504 $ - $ 848 2022 $ 3,534 $ - $ 954 2023-2027 $ 17,350 $ - $ 5,344
Schedule of Allocation of Plan Assets [Table Text Block]	Fair Value Measurements at December 31, 2017 using: Asset Category Total (Level 1) (Level 2) (Level 3) Equity securities: U.S. companies $ 18,581 $ - $ 18,581 $ - International companies 10,280 - 10,280 - U.S. fixed income 15,543 - 13,329 2,214 Commodities 2,246 - 2,246 - $ 46,650 $ - $ 44,436 $ 2,214 Fair Value Measurements at December 31, 2016 using: Asset Category Total (Level 1) (Level 2) (Level 3) Equity securities: U.S. companies $ 15,567 $ - $ 15,567 $ - International companies 8,647 - 8,647 - U.S. fixed income 13,432 - 11,234 2,198 Commodities 1,878 - 1,878 - $ 39,524 $ - $ 37,326 $ 2,198
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block]	Group Annuity Contract Balance at December 31, 2016 $ 2,198 Net investment gain 16 Balance at December 31, 2017 $ 2,214

Note 18 - Foreign Operations 42

Note 18 - Foreign Operations and Sales (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	Domestic Foreign Total 2017 Gross sales $ 312,895 $ 213,041 $ 525,936 Long-lived assets 143,540 168,253 311,793 2016 Gross sales $ 270,773 $ 220,765 $ 491,538 Long-lived assets 136,692 135,523 272,215 2015 Gross sales $ 237,146 $ 196,710 $ 433,856 Long-lived assets 93,142 132,099 225,241
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]	2017 2016 2015 Europe $ 327,309 $ 321,525 $ 280,593 North America 170,490 138,328 127,024 Asia 17,625 17,996 14,024 Other 10,512 13,689 12,215 Total $ 525,936 $ 491,538 $ 433,856

Note 19 - Commitments (Tables)

Note 19 - Commitments (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Year ended December 31: 2018 $ 833 2019 383 2020 262 2021 233 2022 214 2023 and thereafter 89 Total commitments $ 2,014
Unrecorded Unconditional Purchase Obligations Disclosure [Table Text Block]	Year ended December 31: 2018 $ 19,240 2019 359 2020 188 2021 - 2022 - Total commitments $ 19,787

Note 21 - Discontinued Operat44

Note 21 - Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	2017 2016 2015 Pre-tax (loss)/income from discontinued operations $ (2,020 ) $ (8,777 ) $ 63 Income tax benefit/(expense) 706 3,130 (22 ) (Loss)/income from discontinued operations, net of tax $ (1,314 ) $ (5,647 ) $ 41

Selected Quarterly Financial 45

Selected Quarterly Financial and Supplementary Data (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Quarterly Financial Information [Table Text Block]	1st 2nd 3rd 4th Quarter Quarter Quarter Quarter 2017 Gross sales $ 103,711 $ 134,487 $ 112,233 $ 175,505 Net revenues 105,006 134,554 112,619 182,277 Gross profit 46,825 57,502 46,889 78,871 Income from continuing operations (1) 21,115 25,124 17,276 40,249 (Loss)/income from discontinued operations (3) (1,250 ) (94 ) 20 10 Net income 19,865 25,030 17,296 40,259 Earnings per share of common stock: (4) Basic 0.61 0.77 0.53 1.23 Diluted 0.60 0.75 0.52 1.20 Average shares: Basic 32,454 32,629 32,749 32,810 Diluted 33,365 33,469 33,512 33,532 1st 2nd 3rd 4th Quarter Quarter Quarter Quarter 2016 Gross sales $ 93,935 $ 119,054 $ 99,867 $ 178,682 Net revenues 94,741 118,638 99,399 177,866 Gross profit 38,899 48,557 37,602 79,167 Income from continuing operations (2) 14,845 20,810 13,721 37,949 Loss from discontinued operations (3) (263 ) (316 ) (4,503 ) (565 ) Net income 14,582 20,494 9,218 37,384 Earnings per share of common stock: (4) Basic 0.46 0.64 0.29 1.16 Diluted 0.44 0.62 0.28 1.13 Average shares: Basic 31,886 32,063 32,149 32,240 Diluted 32,771 32,926 32,999 33,107

Schedule II - Valuation and Q46

Schedule II - Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Summary of Valuation Allowance [Table Text Block]	Column A Column B Column C Column D Column E Additions Charged/ Charged/ Balance (Credited) to (Credited) to Balance Beginning Cost and Other End of of Year Expenses Accounts Deductions Year Description Year ended December 31, 2017: Doubtful trade receivables and returns and allowances $ 341 $ 674 $ 69 $ 23 $ 1,061 Deferred tax valuation allowance 11,459 315 50 - 11,824 Year ended December 31, 2016: Doubtful trade receivables and returns and allowances $ 304 $ 61 $ (24 ) $ - $ 341 Deferred tax valuation allowance 9,863 1,673 (77 ) - 11,459 Year ended December 31, 2015: Doubtful trade receivables and returns and allowances $ 346 $ (11 ) $ (31 ) $ - $ 304 Deferred tax valuation allowance 8,944 3,134 (2,215 ) - 9,863

Note 1 - The Company (Details T

Note 1 - The Company (Details Textual)	12 Months Ended
	Dec. 31, 2017
Number of Operating Segments	4
Number of Reportable Segments	1

Note 2 - Summary of Significa48

Note 2 - Summary of Significant Accounting Policies (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)shares	Dec. 31, 2016USD ($)shares	Dec. 31, 2015USD ($)shares
Interest Costs Capitalized		$ 575	$ 534
Goodwill, Impairment Loss	$ 0	0
Foreign Currency Transaction Gain (Loss), Realized	$ (550)	$ 306	$ (605)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | shares	521,096	558,499	342,961
Customer Concentration Risk [Member] | Accounts Receivable [Member]
Number of Major Customers	1	1
Customer Concentration Risk [Member] | Accounts Receivable [Member] | One Customer [Member]
Concentration Risk, Percentage	12.00%	43.00%
Maximum [Member]
Cash with European Union Banks	$ 10,000

Note 2 - Summary of Significa49

Note 2 - Summary of Significant Accounting Policies - Estimated Useful Lives for Each Asset Group (Details)	12 Months Ended
	Dec. 31, 2017
Minimum [Member] | Building and Building Improvements [Member]
Estimated useful lives (Year)	20 years
Minimum [Member] | Machinery and Equipment [Member]
Estimated useful lives (Year)	7 years
Minimum [Member] | Furniture and Fixtures [Member]
Estimated useful lives (Year)	5 years
Minimum [Member] | Computer Equipment [Member]
Estimated useful lives (Year)	3 years
Maximum [Member] | Building and Building Improvements [Member]
Estimated useful lives (Year)	30 years
Maximum [Member] | Machinery and Equipment [Member]
Estimated useful lives (Year)	15 years
Maximum [Member] | Furniture and Fixtures [Member]
Estimated useful lives (Year)	7 years
Maximum [Member] | Computer Equipment [Member]
Estimated useful lives (Year)	7 years

Note 3 - Impact of Recently I50

Note 3 - Impact of Recently Issued Accounting Pronouncements (Details Textual) - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Jan. 01, 2018
Unrecognized Excess Tax Benefits							$ 0
Income Tax Expense (Benefit)						$ 38,061	$ 40,214	$ 32,389
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit)	$ (122)	$ (735)	$ (1,725)	$ (2,654)		$ (5,236)
Effective Income Tax Rate Reconciliation, Percent						(3.70%)
Reclassification from Financing Activities to Operating Activities [Member] | Twelve Months Ended December 31, 2016 [Member]
Prior Period Reclassification Adjustment						$ 10,278
Reclassification from Financing Activities to Operating Activities [Member] | Twelve Months Ended December 31, 2015 [Member]
Prior Period Reclassification Adjustment						$ 1,445
Accounting Standards Update 2014-09 [Member] | Minimum [Member] | Scenario, Forecast [Member]
Stockholders' Equity, Period Increase (Decrease)					$ 12
Accounting Standards Update 2014-09 [Member] | Minimum [Member] | Subsequent Event [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption									$ 45
Accounting Standards Update 2014-09 [Member] | Maximum [Member] | Scenario, Forecast [Member]
Stockholders' Equity, Period Increase (Decrease)					$ 15
Accounting Standards Update 2014-09 [Member] | Maximum [Member] | Subsequent Event [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption									$ 55

Note 4 - Acquisitions (Details

Note 4 - Acquisitions (Details Textual) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Oct. 31, 2016	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Payments to Acquire Businesses, Net of Cash Acquired				$ 24,275
Goodwill		$ 40,323	$ 43,626	$ 40,323	$ 32,063
Cambrex High Point, Inc. [Member]
Business Acquisition, Percentage of Voting Interests Acquired	100.00%
Payments to Acquire Businesses, Net of Cash Acquired	$ 24,275
Goodwill	9,046
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	8,422
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	6,900
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets	4,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	4,400
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual		$ 4,648
Cambrex High Point, Inc. [Member] | Selling, General and Administrative Expenses [Member]
Business Combination, Acquisition Related Costs	640
Business Combination, Integration Related Costs	$ 200

Note 5 - Net Inventories (Detai

Note 5 - Net Inventories (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Inventory Valuation Reserves	$ 14,052	$ 12,423

Note 5 - Net Inventories - Sche

Note 5 - Net Inventories - Schedule of Inventory (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Finished goods	$ 41,521	$ 29,117
Work in process	47,386	54,463
Raw materials	42,491	33,841
Supplies	7,144	5,763
Total	$ 138,542	$ 123,184

Note 6 - Property, Plant and 54

Note 6 - Property, Plant and Equipment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Depreciation	$ 29,970	$ 23,654	$ 21,196
Payments To Acquire Property, Plant, and Equipment and Capital Expenditures Incurred But Not Yet Paid	$ 53,900	$ 51,604

Note 6 - Property, Plant and 55

Note 6 - Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Property, Plant, and Equipment, Gross	$ 625,108	$ 540,149
Accumulated depreciation	(370,809)	(323,057)
Net	254,299	217,092
Land [Member]
Property, Plant, and Equipment, Gross	6,911	4,268
Building and Building Improvements [Member]
Property, Plant, and Equipment, Gross	129,065	131,794
Machinery and Equipment [Member]
Property, Plant, and Equipment, Gross	451,882	377,990
Furniture and Fixtures [Member]
Property, Plant, and Equipment, Gross	2,850	1,995
Construction in Progress [Member]
Property, Plant, and Equipment, Gross	$ 34,400	$ 24,102

Note 7 - Goodwill and Intangi56

Note 7 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Oct. 31, 2016
Amortization of Intangible Assets	$ 1,878	$ 1,011	$ 865
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	2,035
Finite-Lived Intangible Assets, Amortization Expense, Year Two	2,035
Finite-Lived Intangible Assets, Amortization Expense, Year Three	2,019
Finite-Lived Intangible Assets, Amortization Expense, Year Four	2,015
Finite-Lived Intangible Assets, Amortization Expense, Year Five	1,593
Computer Software, Intangible Asset [Member]
Capitalized Internal Software, Amount	$ 630	2,297
Cambrex High Point, Inc. [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill				$ 6,900
Cambrex High Point, Inc. [Member] | Computer Software, Intangible Asset [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		$ 6,900

Note 7 - Goodwill and Intangi57

Note 7 - Goodwill and Intangible Assets - Change in Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Goodwill Balance	$ 40,323	$ 32,063
Acquisition of business (see Note 4)		9,046
Translation effect	3,303	(786)
Goodwill Balance	$ 43,626	$ 40,323

Note 7 - Goodwill and Intangi58

Note 7 - Goodwill and Intangible Assets - Summary of Acquired Amortizable Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Gross Carrying Amount	$ 18,328	$ 17,170
Accumulated Amortization	(4,460)	(2,370)
Net Carrying Amount	13,868	14,800
Computer Software, Intangible Asset [Member]
Gross Carrying Amount	7,074	6,444
Accumulated Amortization	(1,810)	(829)
Net Carrying Amount	$ 5,264	$ 5,615
Computer Software, Intangible Asset [Member] | Minimum [Member]
Amortization Period (Year)	3 years	3 years
Computer Software, Intangible Asset [Member] | Maximum [Member]
Amortization Period (Year)	7 years	7 years
Technology-Based Intangibles [Member]
Amortization Period (Year)	20 years	20 years
Gross Carrying Amount	$ 3,646	$ 3,204
Accumulated Amortization	(1,413)	(1,082)
Net Carrying Amount	2,233	2,122
Customer Contracts [Member]
Gross Carrying Amount	7,608	7,522
Accumulated Amortization	(1,237)	(459)
Net Carrying Amount	$ 6,371	$ 7,063
Customer Contracts [Member] | Minimum [Member]
Amortization Period (Year)	10 years	10 years
Customer Contracts [Member] | Maximum [Member]
Amortization Period (Year)	15 years	15 years

Note 8 - Restructuring Charges

Note 8 - Restructuring Charges (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Jan. 30, 2017
Goodwill, Impairment Loss	$ 0	$ 0
Restructuring Charges		1,158	$ 15,573
Zenara [Member]
Restructuring Charges		$ 1,158	15,573
Zenara [Member] | Restructuring Charges [Member]
Goodwill, Impairment Loss			8,542
Impairment of Intangible Assets, Finite-lived			3,625
Disposal Group, Not Discontinued Operation, Loss (Gain) on Write-down			$ 1,269
Zenara [Member]
Disposal Group, Including Discontinued Operation, Consideration				$ 2,800

Note 9 - Accrued Expenses and60

Note 9 - Accrued Expenses and Other Current Liabilities - Components of Accrued and Other Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Salaries and employee benefits payable	$ 27,451	$ 26,313
Other	15,323	9,301
Total	$ 42,774	$ 35,614

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			35.00%	35.00%	35.00%
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Cash Position, Percent	15.50%
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Other, Percent	8.00%
Provisional Toll Charge	$ 2,105
Deferred Foreign Income Tax Expense (Benefit)	(3,599)		$ (429)	$ 206	$ (2,269)
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	(1,611)
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount			(315)	1,673	3,134
Foreign Earnings Repatriated					9,850
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	1,654		1,654
Unrecognized Tax Benefits, Income Tax, Gross Penalties and Interest Disclosed	412		412	455	475
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense			153	63	58
Amount of Tax and Interest Paid as Final Settlement to the Tax Authority	38
Unrecognized Tax Benefits, Period Increase (Decrease)	270
State and Local Jurisdiction [Member]
Operating Loss Carryforwards, Valuation Allowance	108,292		$ 108,292
State and Local Jurisdiction [Member] | Earliest Tax Year [Member]
Open Tax Year			2,012
Foreign Tax Authority [Member]
Operating Loss Carryforwards, Valuation Allowance	2,507		$ 2,507
Foreign Tax Authority [Member] | Earliest Tax Year [Member]
Open Tax Year			2,011
Internal Revenue Service (IRS) [Member] | Domestic Tax Authority [Member] | Earliest Tax Year [Member]
Open Tax Year			2,012
Cambrex High Point, Inc. [Member] | State and Local Jurisdiction [Member]
Operating Loss Carryforwards	6,092		$ 6,092
Cambrex High Point, Inc. [Member] | Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards	$ 7,439		7,439
Domestic Valuation Allowance [Member]
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount			264	2,294	2,450
Foreign Valuation Allowance [Member]
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount			101	(698)	(1,531)
Foreign Valuation Allowance Change for Income Loss [Member]
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount			51	(621)	684
Foreign Gains and Losses Related to Deferred Taxes and Currency Translation Adjustments Included in OCI [Member]
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount			$ 50	$ (77)	$ (2,215)
Scenario, Forecast [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		21.00%

Note 10 - Income Taxes - Income

Note 10 - Income Taxes - Income (Loss) Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Domestic	$ 117,273	$ 91,597	$ 71,323
International	24,552	35,942	18,242
Income before income taxes	$ 141,825	$ 127,539	$ 89,565

Note 10 - Income Taxes - Provis

Note 10 - Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Current:
Federal		$ 25,201	$ 21,167	$ 2,577
International		5,674	10,491	10,076
Total current		30,875	31,658	12,653
Deferred:
Federal		7,615	8,350	22,005
International	$ (3,599)	(429)	206	(2,269)
Total deferred		7,186	8,556	19,736
Total income tax expense		$ 38,061	$ 40,214	$ 32,389

Note 10 - Income Taxes - Schedu

Note 10 - Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income tax provision at U.S federal statutory rate		$ 49,639	$ 44,638	$ 31,347
State and local taxes, net of federal income tax benefit		(207)	(2,310)	(2,450)
Effect of foreign income taxed at rates other than the U.S. federal statutory rate		(1,989)	(1,154)	989
Foreign income inclusions				5,017
Tax credits		(100)	(200)	(4,685)
Net change in valuation allowance		(315)	1,673	3,134
Domestic production deduction		(3,347)	(2,327)	(1,958)
Share-based payment compensation		(5,236)
Changes in tax laws	$ 117	117
Permanent items and other		(501)	(106)	995
Total income tax expense		$ 38,061	$ 40,214	$ 32,389

Note 10 - Income Taxes - Compon

Note 10 - Income Taxes - Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Deferred tax assets:
Inventory	$ 1,522	$ 2,769
Environmental	3,635	5,776
Net operating loss carryforwards	11,447	13,272
Employee benefits	11,245	16,155
Property, plant and equipment	5,007	4,448
Other	3,712	7,352
Total gross deferred tax assets	36,568	49,772
Valuation allowance	(11,824)	(11,459)
Total deferred tax assets	24,744	38,313
Deferred tax liabilities:
Property, plant and equipment	(15,275)	(17,709)
Intangibles and other	(8,537)	(10,583)
Unremitted foreign earnings		(635)
Foreign tax allocation reserve	(2,710)	(2,471)
Other	(2,830)	(775)
Total deferred tax liabilities	(29,352)	(32,173)
Net deferred tax liabilities	(4,608)
Net deferred tax assets		6,140
Classified as follows in the consolidated balance sheet:
Non-current deferred tax asset	3,198	13,061
Non-current deferred tax liability	(7,806)	(6,921)
Total	$ (4,608)
Total		$ 6,140

Note 10 - Income Taxes - Activi

Note 10 - Income Taxes - Activity Related to the Entity's Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Beginning Balance	$ 1,778	$ 1,492	$ 1,643
Gross increases related to current period tax positions	215	687	281
Gross decreases related to prior period tax positions	(52)	(84)	(52)
Expirations of statute of limitations for the assessment of taxes	(353)	(257)	(241)
Settlements	(134)
Foreign currency translation	200	(60)	(139)
Ending Balance	$ 1,654	$ 1,778	$ 1,492

Note 11 - Long-term Debt (Detai

Note 11 - Long-term Debt (Details Textual) - Syndicated Senior Revolving Credit Facility [Member] - USD ($) $ in Thousands	1 Months Ended
	May 31, 2016	Dec. 31, 2016
Line of Credit Facility, Maximum Borrowing Capacity	$ 500,000
Debt Instrument, Term	5 years
Long-term Debt, Weighted Average Interest Rate, at Point in Time		1.90%
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	2.00%

Note 12 - Derivatives and Hed68

Note 12 - Derivatives and Hedging Activities (Details Textual) - Foreign Exchange Contract [Member] - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Derivative, Notional Amount	$ 32,781	$ 20,896	$ 9,322
Prepaid Expenses and Other Current Assets [Member]
Derivative Asset, Fair Value, Gross Asset	$ 83	$ 125

Note 13 - Fair Value Measurem69

Note 13 - Fair Value Measurements - Assets and Liabilities Carried at Fair Value Measured on a Recurring Basis (Details) - Fair Value, Measurements, Recurring [Member] - Fair Value, Inputs, Level 2 [Member] - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Foreign currency forwards, assets (liabilities)	$ 83	$ 125
Total	$ 83	$ 125

Note 14 - Stockholders' Equity

Note 14 - Stockholders' Equity (Details Textual) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Par or Stated Value Per Share	$ 0.10	$ 0.10
Preferred Stock, Shares Authorized	5,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.10
Preferred Stock, Shares Outstanding	0	0
Treasury Stock, Shares	1,424,153	1,583,909
Common Stock, Capital Shares Reserved for Future Issuance	920,308
Nonvoting Common Stock [Member]
Common Stock, Shares Authorized	730,746	730,746
Common Stock, Par or Stated Value Per Share	$ 0.10	$ 0.10
Common Stock, Shares, Outstanding	0	0

Note 15 - Accumulated Other C71

Note 15 - Accumulated Other Comprehensive Loss - Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Balance	$ 405,427	$ 310,835
Balance	544,864	405,427
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	(34,290)	(25,880)
Other comprehensive income/(loss) before reclassifications	22,250	(8,481)
Amounts reclassified from accumulated other comprehensive loss		71
Net current-period other comprehensive income/(loss)	22,250	(8,410)
Balance	(12,040)	(34,290)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(31,230)	(29,569)
Other comprehensive income/(loss) before reclassifications	121	(2,468)
Amounts reclassified from accumulated other comprehensive loss	921	807
Net current-period other comprehensive income/(loss)	1,042	(1,661)
Balance	(30,188)	(31,230)
AOCI Attributable to Parent [Member]
Balance	(65,520)	(55,449)
Other comprehensive income/(loss) before reclassifications	22,371	(10,949)
Amounts reclassified from accumulated other comprehensive loss	921	878
Net current-period other comprehensive income/(loss)	23,292	(10,071)
Balance	$ (42,228)	$ (65,520)

Note 15 - Accumulated Other C72

Note 15 - Accumulated Other Comprehensive Loss - Reclassifications Out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Selling, general and administrative expenses									$ 70,468	$ 60,422	$ 57,867
Total before tax									141,825	127,539	89,565
Tax benefit									(38,061)	(40,214)	(32,389)
Amounts reclassified from accumulated other comprehensive loss	$ 40,259	$ 17,296	$ 25,030	$ 19,865	$ 37,384	$ 9,218	$ 20,494	$ 14,582	102,450	81,678	57,217
Release of currency translation adjustment										1,158	$ 15,573
Reclassification out of Accumulated Other Comprehensive Income [Member]
Amounts reclassified from accumulated other comprehensive loss									(921)	(878)
Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Cost of goods sold, selling, general, and administrative expenses									(1,400)	(1,152)
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Selling, general and administrative expenses									(52)	(52)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Total before tax									(1,452)	(1,204)
Tax benefit									531	397
Amounts reclassified from accumulated other comprehensive loss									(921)	(807)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Amounts reclassified from accumulated other comprehensive loss										(71)
Release of currency translation adjustment										$ (71)

Note 16 - Stock Based Compens73

Note 16 - Stock Based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 17.71	$ 15.17	$ 15.29
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 10,486
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 255 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value	$ 13,775	$ 14,832	$ 24,432
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	23,436
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value	17,018
Employee Stock Option [Member] | Selling, General and Administrative Expenses [Member]
Stock or Unit Option Plan Expense	4,368	3,816	2,975
Restricted Stock [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 8
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	109 days
Restricted Stock [Member] | Selling, General and Administrative Expenses [Member]
Restricted Stock or Unit Expense	$ 571	489	353
Performance Shares [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 6,232
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year 219 days
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Performance Shares [Member] | Selling, General and Administrative Expenses [Member]
Performance Share Expense	$ 3,975	$ 3,461	$ 2,271

Note 16 - Stock Based Compens74

Note 16 - Stock Based Compensation - Assumptions Used in Determining the Fair Value of Stock Options for Grants (Details)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Minimum [Member]
Expected volatility	37.73%	42.09%	41.84%
Expected term (in years) (Year)	354 days	361 days	1 year 91 days
Risk-free interest rate	1.06%	0.54%	0.24%
Maximum [Member]
Expected volatility	45.91%	46.49%	58.25%
Expected term (in years) (Year)	6 years 292 days	6 years 292 days	6 years 302 days
Risk-free interest rate	2.22%	1.63%	1.93%

Note 16 - Stock Based Compens75

Note 16 - Stock Based Compensation - Summary of Stock Option Activity (Details) - Employee Stock Option [Member] - $ / shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Outstanding, beginning balance (in shares)	1,519,338
Outstanding, beginning balance, weighted average exercise price (in dollars per share)	$ 25.22
Exercisable (in shares)	727,645	701,797
Granted (in shares)	317,331
Granted, weighted average exercise price (in dollars per share)	$ 47.53
Exercised (in shares)	(343,380)
Exercised, weighted average exercise price (in dollars per share)	$ 13.92
Forfeited or expired (in shares)	(8,375)
Forfeited or expired (in dollars per share)	$ 38.13
Outstanding, ending balance (in shares)	1,484,914	1,519,338
Outstanding, ending balance, weighted average exercise price (in dollars per share)	$ 32.53	$ 25.22
Exercisable, weighted average exercise price (in dollars per share)	$ 24.91

Note 16 - Stock Based Compens76

Note 16 - Stock Based Compensation - Summary of Nonvested Stock Options, Restricted Stock and Performance Shares (Details)	12 Months Ended
	Dec. 31, 2017$ / sharesshares
Employee Stock Option [Member]
Nonvested Stock Options, beginning balance | shares	817,540
Nonvested Stock Options, beginning balance, weighted average grant date fair value | $ / shares	$ 12.50
Granted, nonvested stock options | shares	317,331
Granted, weighted average grant date fair value | $ / shares	$ 17.71
Vested during period, nonvested stock options | shares	(371,102)
Vested during period, weighted average grant date fair value | $ / shares	$ 11.40
Forfeited, nonvested stock options | shares	(6,500)
Forfeited, weighted average grant date fair value | $ / shares	$ 14.64
Nonvested Stock Options, ending balance | shares	757,269
Nonvested Stock Options, ending balance, weighted average grant date fair value | $ / shares	$ 15.20
Restricted Stock [Member]
Nonvested equity awards other than options, beginning balance | shares	260
Nonvested equity awards other than options, beginning balance, weighted average grant date fair value | $ / shares	$ 41.05
Granted, equity awards other than options | shares	9,761
Granted, equity awards other than options, weighted average grant date fair value | $ / shares	$ 58.57
Vested during period, equity awards other than options | shares	(9,756)
Vested during period, equity awards other than options, weighted average grant date fair value | $ / shares	$ 58.50
Forfeited, equity awards other than options | shares
Forfeited, equity awards other than options, weighted average grant date fair value | $ / shares
Nonvested equity awards other than options, ending balance | shares	265
Nonvested equity awards other than options, ending balance, weighted average grant date fair value | $ / shares	$ 44.23
Performance Shares [Member]
Nonvested equity awards other than options, beginning balance | shares	316,750
Nonvested equity awards other than options, beginning balance, weighted average grant date fair value | $ / shares	$ 30.08
Granted, equity awards other than options | shares	115,250
Granted, equity awards other than options, weighted average grant date fair value | $ / shares	$ 43.43
Vested during period, equity awards other than options | shares	(150,000)
Vested during period, equity awards other than options, weighted average grant date fair value | $ / shares	$ 17.81
Forfeited, equity awards other than options | shares	(5,750)
Forfeited, equity awards other than options, weighted average grant date fair value | $ / shares	$ 41.36
Nonvested equity awards other than options, ending balance | shares	276,250
Nonvested equity awards other than options, ending balance, weighted average grant date fair value | $ / shares	$ 42.08

Note 17 - Retirement Plans (Det

Note 17 - Retirement Plans (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Number of Actuarial Equivalent Installments	10
Defined Contribution Plan, Cost	$ 1,491	$ 1,294	$ 1,081
Equity Securities [Member] | Minimum [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	30.00%
Equity Securities [Member] | Maximum [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	80.00%
Fixed Income Funds [Member] | Minimum [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	25.00%
Fixed Income Funds [Member] | Maximum [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	45.00%
All Other Investments [Member] | Minimum [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	5.00%
All Other Investments [Member] | Maximum [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	15.00%
Supplemental Employee Retirement Plan [Member]
Defined Benefit Plan, Funded (Unfunded) Status of Plan	$ (609)	(1,209)
Pension Plan [Member] | Foreign Plan [Member]
Defined Benefit Plan, Funded (Unfunded) Status of Plan	(29,423)	$ (25,002)
Defined Benefit Plan, Accumulated Benefit Obligation	28,023
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year	0
Pension Plan [Member] | UNITED STATES
Defined Benefit Plan, Accumulated Benefit Obligation	59,186
Defined Benefit Plan, Pension Plan with Accumulated Benefit Obligation in Excess of Plan Assets, Fair Value of Plan Assets	12,536
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year	$ 540

Note 17 - Retirement Plans - Be

Note 17 - Retirement Plans - Benefit Obligations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Pension Plan [Member] | UNITED STATES
Benefit obligation, beginning of year	$ 57,718	$ 58,556
Service cost
Interest cost	2,214	2,390	2,430
Actuarial loss	2,676	427
Benefits paid	(3,422)	(3,655)
Benefit obligation, end of year	59,186	57,718	58,556
Pension Plan [Member] | Foreign Plan [Member]
Benefit obligation, beginning of year	25,002	22,748
Service cost	941	742	778
Interest cost	732	740	589
Actuarial loss	798	3,255
Benefits paid	(725)	(700)
Currency translation effect	2,675	(1,783)
Benefit obligation, end of year	29,423	25,002	22,748
Supplemental Employee Retirement Plan [Member]
Benefit obligation, beginning of year	1,209	1,800
Service cost
Interest cost	9	18	24
Actuarial loss
Benefits paid	(609)	(609)
Benefit obligation, end of year	$ 609	$ 1,209	$ 1,800

Note 17 - Retirement Plans - Pl

Note 17 - Retirement Plans - Plan Assets and Funded Status of the Domestic Pension Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Fair value of plan assets, beginning of period	$ 39,524
Fair value of plan assets, end of period	46,650	$ 39,524
Pension Plan [Member] | UNITED STATES
Fair value of plan assets, beginning of period	39,524	39,135
Actual return on plan assets	6,663	2,910
Contributions	3,885	1,134
Benefits paid	(3,422)	(3,655)
Fair value of plan assets, end of period	46,650	39,524
Unfunded status	(12,536)	(18,194)
Accrued benefit cost, end of period	$ (12,536)	$ (18,194)

Note 17 - Retirement Plans - Am

Note 17 - Retirement Plans - Amounts Recognized in AOCI (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Pension Plan [Member] | UNITED STATES
Actuarial loss	$ 20,956	$ 23,034
Prior service cost/(benefit)
Total	20,956	23,034
Pension Plan [Member] | Foreign Plan [Member]
Actuarial loss	10,183	9,720
Prior service cost/(benefit)	(1)	(7)
Total	10,182	9,713
Supplemental Employee Retirement Plan [Member]
Actuarial loss	121	362
Prior service cost/(benefit)		57
Total	$ 121	$ 419

Note 17 - Retirement Plans - Co

Note 17 - Retirement Plans - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Pension Plan [Member] | UNITED STATES
Service cost
Interest cost	2,214	2,390	2,430
Expected return on plan assets	(2,707)	(2,649)	(2,870)
Amortization of prior service cost/(benefit)
Recognized actuarial loss	798	776	811
Net periodic benefit cost	305	517	371
Pension Plan [Member] | Foreign Plan [Member]
Service cost	941	742	778
Interest cost	732	740	589
Expected return on plan assets
Amortization of prior service cost/(benefit)	(5)	(5)	(5)
Recognized actuarial loss	361	194	330
Net periodic benefit cost	2,029	1,671	1,692
Supplemental Employee Retirement Plan [Member]
Service cost
Interest cost	9	18	24
Expected return on plan assets
Amortization of prior service cost/(benefit)	57	57	57
Recognized actuarial loss	241	182	154
Net periodic benefit cost	$ 307	$ 257	$ 235

Note 17 - Retirement Plans - Es

Note 17 - Retirement Plans - Estimated Amounts That Will Be Amortized From AOCI Into Net Periodic Benefit Cost in Next Year (Details) $ in Thousands	Dec. 31, 2017USD ($)
Pension Plan [Member] | UNITED STATES
Actuarial loss	$ 719
Prior service cost/(benefit)
Total	719
Pension Plan [Member] | Foreign Plan [Member]
Actuarial loss	407
Prior service cost/(benefit)	(5)
Total	402
Supplemental Employee Retirement Plan [Member]
Actuarial loss	121
Prior service cost/(benefit)
Total	$ 121

Note 17 - Retirement Plans - Ma

Note 17 - Retirement Plans - Major Assumptions Used in Determining the Benefit Obligations and Net Benefit Cost (Details)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Pension Plan [Member] | UNITED STATES
Discount rate on benefit obligations	3.55%	3.95%
Discount rate on net benefit	3.95%	4.20%	3.85%
Expected return on plan assets	7.00%	7.00%	7.00%
Pension Plan [Member] | Foreign Plan [Member]
Discount rate on benefit obligations	2.65%	2.80%
Rate of compensation increase on benefit obligations	2.70%	2.65%
Discount rate on net benefit	2.80%	3.35%	2.40%
Rate of compensation increase on net benefit	2.65%	2.55%	2.20%
Supplemental Employee Retirement Plan [Member]
Discount rate on benefit obligations		1.55%
Discount rate on net benefit	1.55%	1.55%	1.35%

Note 17 - Retirement Plans - Ex

Note 17 - Retirement Plans - Expected Benefit Payments (Details) $ in Thousands	Dec. 31, 2017USD ($)
Pension Plan [Member] | UNITED STATES
2,018	$ 3,321
2,019	3,397
2,020	3,463
2,021	3,504
2,022	3,534
2023-2027	17,350
Pension Plan [Member] | Foreign Plan [Member]
2,018	817
2,019	867
2,020	861
2,021	848
2,022	954
2023-2027	5,344
Supplemental Employee Retirement Plan [Member]
2,018	609
2,019
2,020
2,021
2,022
2023-2027

Note 17 - Retirement Plans - Fa

Note 17 - Retirement Plans - Fair Values of the Company's Pension Plan Assets by Asset Category (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Fair value of plan assets	$ 46,650	$ 39,524
Fair Value, Inputs, Level 2 [Member]
Fair value of plan assets	44,436	37,326
Fair Value, Inputs, Level 3 [Member]
Fair value of plan assets	2,214	2,198
Equity Securities U.S. Companies [Member]
Fair value of plan assets	18,581	15,567
Equity Securities U.S. Companies [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value of plan assets	18,581	15,567
Equity Securities International Companies [Member]
Fair value of plan assets	10,280	8,647
Equity Securities International Companies [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value of plan assets	10,280	8,647
Fixed Income Funds [Member]
Fair value of plan assets	15,543	13,432
Fixed Income Funds [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value of plan assets	13,329	11,234
Fixed Income Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value of plan assets	2,214	2,198
Commodities [Member]
Fair value of plan assets	2,246	1,878
Commodities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value of plan assets	$ 2,246	$ 1,878

Note 17 - Retirement Plans - Ch

Note 17 - Retirement Plans - Changes in the Fair Value of the Domestic Plan's Level 3 Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Fair value of plan assets, beginning of period	$ 39,524
Fair value of plan assets, end of period	46,650	$ 39,524
Pension Plan [Member] | UNITED STATES
Fair value of plan assets, beginning of period	39,524	39,135
Actual return on plan assets	6,663	2,910
Fair value of plan assets, end of period	46,650	39,524
Fair Value, Inputs, Level 3 [Member]
Fair value of plan assets, beginning of period	2,198
Fair value of plan assets, end of period	2,214	2,198
Fair Value, Inputs, Level 3 [Member] | Pension Plan [Member] | UNITED STATES
Fair value of plan assets, beginning of period	2,198
Actual return on plan assets	16
Fair value of plan assets, end of period	$ 2,214	$ 2,198

Note 18 - Foreign Operations 87

Note 18 - Foreign Operations and Sales (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Export Sales Included in Domestic Gross Sales	$ 195,193	$ 182,215	$ 159,048
Customer Concentration Risk [Member] | Gross Sales [Member]
Concentration Risk, Percentage	35.10%	36.90%	34.50%

Note 18 - Foreign Operations 88

Note 18 - Foreign Operations and Sales - Summary of Gross Sales and Long Lived Assets (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Gross sales	$ 175,505	$ 112,233	$ 134,487	$ 103,711	$ 178,682	$ 99,867	$ 119,054	$ 93,935	$ 525,936	$ 491,538	$ 433,856
Long-lived assets	311,793				272,215				311,793	272,215	225,241
Domestic [Member]
Gross sales									312,895	270,773	237,146
Long-lived assets	143,540				136,692				143,540	136,692	93,142
Foreign [Member]
Gross sales									213,041	220,765	196,710
Long-lived assets	$ 168,253				$ 135,523				$ 168,253	$ 135,523	$ 132,099

Note 18 - Foreign Operations 89

Note 18 - Foreign Operations and Sales - Sales to Geographic Area (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Gross sales	$ 175,505	$ 112,233	$ 134,487	$ 103,711	$ 178,682	$ 99,867	$ 119,054	$ 93,935	$ 525,936	$ 491,538	$ 433,856
Europe [Member]
Gross sales									327,309	321,525	280,593
North America [Member]
Gross sales									170,490	138,328	127,024
Asia [Member]
Gross sales									17,625	17,996	14,024
Other [Member]
Gross sales									$ 10,512	$ 13,689	$ 12,215

Note 19 - Commitments (Details

Note 19 - Commitments (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2018
Operating Leases, Rent Expense, Net	$ 2,334	$ 2,044	$ 1,048
Unrecorded Unconditional Purchase Obligation	$ 19,787
Scenario, Forecast [Member] | Capital Addition Purchase Commitments [Member]
Unrecorded Unconditional Purchase Obligation				$ 10,250

Note 19 - Commitments - Future

Note 19 - Commitments - Future Minimum Commitments Under Non-cancelable Operating Lease Arrangements (Details) $ in Thousands	Dec. 31, 2017USD ($)
2,018	$ 833
2,019	383
2,020	262
2,021	233
2,022	214
2023 and thereafter	89
Total commitments	$ 2,014

Note 19 - Commitments - Uncondi

Note 19 - Commitments - Unconditional Purchase Obligations (Details) $ in Thousands	Dec. 31, 2017USD ($)
2,018	$ 19,240
2,019	359
2,020	188
2,021
2,022
Total commitments	$ 19,787

Note 20 - Contingencies (Detail

Note 20 - Contingencies (Details Textual) $ in Thousands	1 Months Ended	12 Months Ended
	May 30, 2017USD ($)	Dec. 31, 2017USD ($)mi²	Dec. 31, 2008	Dec. 31, 2003USD ($)	Dec. 31, 2016USD ($)
Accrual for Environmental Loss Contingencies		$ 17,511			$ 16,703
Accrual for Environmental Loss Contingencies, Period Increase (Decrease)		2,858
Accrual for Environmental Loss Contingencies, Payments		2,050
Lorazepam and Clorazepate [Member]
Loss Contingency, Number of Plaintiffs			4
Judgment Amount Against Parties Payable Jointly and Severally		67,260
Lorazepam and Clorazepate [Member] | Indemnification Agreement [Member]
Payment in Exchange for Release and Full Indemnity Against Future Cost or Liabilities				$ 12,415
Bayonne [Member]
Accrual for Environmental Loss Contingencies		717
Clifton and Carlstadt [Member]
Accrual for Environmental Loss Contingencies		1,845
Berrys Creek Site [Member]
Accrual for Environmental Loss Contingencies		$ 9,829
Number of Subsidiaries Notice Received		2
Environmental Exit Costs, Reasonably Possible Losses, Estimated Share		2.40%
Maybrook Site [Member]
Accrual for Environmental Loss Contingencies		$ 329
Accrual for Environmental Loss Contingencies, Payments	$ 363
Harriman Site [Member]
Accrual for Environmental Loss Contingencies		3,365
Harriman Site [Member] | Minimum [Member]
Site Contingency Loss Exposure, Estimated Range		2,000
Harriman Site [Member] | Maximum [Member]
Site Contingency Loss Exposure, Estimated Range		7,000
Scientific Chemical Processing SCP Superfund Site [Member]
Accrual for Environmental Loss Contingencies		$ 762
Number of Other Sites Named PRP of SCP Superfund Site		130
Site Contingency, Recovery from Third Party of Environmental Remediation Cost		$ 488
Newark Bay Complex Litigation [Member]
Accrual for Environmental Loss Contingencies		$ 0
Site Contingency Clean Up Plan, Miles of Clean Up | mi²		8.3
Amount of Estimated Cost to Clean Up Site that the Company is Not Exposed		$ 1,380,000
Other Noncurrent Liabilities [Member]
Accrual for Environmental Loss Contingencies		$ 16,976			$ 15,441

Note 21 - Discontinued Operat94

Note 21 - Discontinued Operations (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Discontinued Operation, Amounts of Material Contingent Liabilities Remaining	$ 17,511	$ 16,703
Cash Provided by (Used in) Operating Activities, Discontinued Operations	$ (1,440)	$ (516)	$ (1,536)

Note 21 - Discontinued Operat95

Note 21 - Discontinued Operations - Reconciliation of the Pre-tax Loss on Discontinued Operations to the Net Loss on Discontinued Operations (Details) - USD ($) $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2017

[1]

Sep. 30, 2017

[1]

Jun. 30, 2017

[1]

Mar. 31, 2017

[1]

Dec. 31, 2016

[1]

Sep. 30, 2016

[1]

Jun. 30, 2016

[1]

Mar. 31, 2016

[1]

Dec. 31, 2017

Dec. 31, 2016

Dec. 31, 2015

Pre-tax (loss)/income from discontinued operations

$ (2,020)

$ (8,777)

$ 63

Income tax benefit/(expense)

706

3,130

(22)

(Loss)/income from discontinued operations, net of tax

$ 10

$ 20

$ (94)

$ (1,250)

$ (565)

$ (4,503)

$ (316)

$ (263)

$ (1,314)

$ (5,647)

$ 41

[1]

Discontinued operations include charges and reimbursements for environmental remediation related to sites of divested businesses.

Selected Quarterly Financial 96

Selected Quarterly Financial and Supplementary Data (Details Textual) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Tax Expense (Benefit)									$ 38,061	$ 40,214	$ 32,389
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount	$ 117								117
Restructuring Charges										$ 1,158	$ 15,573
Dosage Form Facility Held for Sale [Member]
Restructuring Charges					$ 761		$ 154	$ 290
Restructuring Benefits						$ 47
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit)	$ (122)	$ (735)	$ (1,725)	$ (2,654)					$ (5,236)

Selected Quarterly Financial 97

Selected Quarterly Financial and Supplementary Data - Schedule of Quarterly Financial Information (Unaudited) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 31, 2017		Sep. 30, 2017		Jun. 30, 2017		Mar. 31, 2017		Dec. 31, 2016		Sep. 30, 2016		Jun. 30, 2016		Mar. 31, 2016		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Gross sales	$ 175,505		$ 112,233		$ 134,487		$ 103,711		$ 178,682		$ 99,867		$ 119,054		$ 93,935		$ 525,936	$ 491,538	$ 433,856
Net revenues	182,277		112,619		134,554		105,006		177,866		99,399		118,638		94,741		534,456	490,644	433,326
Gross profit	78,871		46,889		57,502		46,825		79,167		37,602		48,557		38,899		230,087	204,225	176,965
Income from continuing operations	40,249	[1]	17,276	[1]	25,124	[1]	21,115	[1]	37,949	[2]	13,721	[2]	20,810	[2]	14,845	[2]	103,764	87,325	57,176
(Loss)/income from discontinued operations, net of tax	10	[3]	20	[3]	(94)	[3]	(1,250)	[3]	(565)	[3]	(4,503)	[3]	(316)	[3]	(263)	[3]	(1,314)	(5,647)	41
Net income	$ 40,259		$ 17,296		$ 25,030		$ 19,865		$ 37,384		$ 9,218		$ 20,494		$ 14,582		$ 102,450	$ 81,678	$ 57,217
Basic (in dollars per share)	$ 1.23	[4]	$ 0.53	[4]	$ 0.77	[4]	$ 0.61	[4]	$ 1.16	[4]	$ 0.29	[4]	$ 0.64	[4]	$ 0.46	[4]	$ 3.14	$ 2.55	$ 1.82
Diluted (in dollars per share)	$ 1.20	[4]	$ 0.52	[4]	$ 0.75	[4]	$ 0.60	[4]	$ 1.13	[4]	$ 0.28	[4]	$ 0.62	[4]	$ 0.44	[4]	$ 3.06	$ 2.48	$ 1.76
Basic (in shares)	32,810	[4]	32,749	[4]	32,629	[4]	32,454	[4]	32,240	[4]	32,149	[4]	32,063	[4]	31,886	[4]	32,662	32,086	31,420
Diluted (in shares)	33,532	[4]	33,512	[4]	33,469	[4]	33,365	[4]	33,107	[4]	32,999	[4]	32,926	[4]	32,771	[4]	33,486	32,969	32,555
[1]	Income from continuing operations for the first, second, third, and fourth quarters includes a favorable impact to tax expense of $2,654, $1,725, $735, and $122, respectively, from the adoption of ASU 2016-09, and expense of $117 in the fourth quarter as a result of the change in enacted tax rates in the U.S. and the toll tax.
[2]	Income from continuing operations for the first, second, third, and fourth quarters includes $290 of expense, $154 of expense, a $47 benefit and $761 of expense, respectively, for restructuring related to the decision to sell our finished dosage form facility in Hyderabad, India.
[3]	Discontinued operations include charges and reimbursements for environmental remediation related to sites of divested businesses.
[4]	Earnings per share calculations for each of the quarters are based on the weighted average number of shares outstanding for each period. As such, the sum of the quarters may not necessarily equal the earnings per share amount for the year.

Schedule II - Valuation and Q98

Schedule II - Valuation and Qualifying Accounts - Summary of Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Allowance for Doubtful Accounts [Member]
Balance Beginning of Year	$ 341	$ 304	$ 346
Additions Charged/ to Cost and Expenses	674	61	(11)
Additions Charged/ to Other Accounts	69	(24)	(31)
Deductions	23
Balance End of Year	1,061	341	304
Valuation Allowance of Deferred Tax Assets [Member]
Balance Beginning of Year	11,459	9,863	8,944
Additions Charged/ to Cost and Expenses	315	1,673	3,134
Additions Charged/ to Other Accounts	50	(77)	(2,215)
Deductions
Balance End of Year	$ 11,824	$ 11,459	$ 9,863