Innodata (INOD) 10-Q 10 May 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 30, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Entity Registrant Name	INNODATA INC
Entity Central Index Key	903,651
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Trading Symbol	INOD
Entity Common Stock, Shares Outstanding		25,445,071

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 25,386	$ 24,908
Accounts receivable, net	10,317	9,249
Prepaid expenses and other current assets	3,018	2,900
Deferred income taxes	339	282
Total current assets	39,060	37,339
Property and equipment, net	4,515	4,723
Other assets	2,279	2,330
Deferred income taxes	1,345	1,382
Intangibles, net	4,124	3,987
Goodwill	1,531	1,476
Total assets	52,854	51,237
Current liabilities:
Accounts payable	2,164	1,250
Accrued expenses	3,331	3,312
Accrued salaries, wages and related benefits	4,739	4,905
Income and other taxes	1,254	1,255
Current portion of long-term obligations	1,453	1,582
Deferred income taxes	0	76
Total current liabilities	12,941	12,380
Deferred income taxes	737	716
Long-term obligations	$ 3,588	$ 3,436
Commitments and contingencies
Non-controlling interests	$ (3,359)	$ (3,507)
STOCKHOLDERS’ EQUITY:
Serial preferred stock; 5,000,000 shares authorized, none outstanding	0	0
Common stock, $.01 par value; 75,000,000 shares authorized; 27,069,000 shares issued and 25,445,000 outstanding at March 31, 2016 and December 31, 2015	270	270
Additional paid-in capital	24,609	24,590
Retained earnings	17,927	17,924
Accumulated other comprehensive income (loss)	629	(84)
Stockholders' Equity before Treasury Stock, Total	43,435	42,700
Less: treasury stock, 1,624,000 shares at March 31, 2016 and December 31, 2015, at cost	(4,488)	(4,488)
Total stockholders' equity	38,947	38,212
Total liabilities and stockholders' equity	$ 52,854	$ 51,237

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares	Mar. 31, 2016	Dec. 31, 2015
Serial preferred stock, shares authorized	5,000,000	5,000,000
Serial preferred stock, outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	27,069,000	25,445,000
Common stock, shares outstanding	27,069,000	25,445,000
Treasury stock, shares	1,624,000	1,624,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues	$ 15,698	$ 13,802
Operating costs and expenses:
Direct operating costs	11,465	11,125
Selling and administrative expenses	3,811	4,135
Interest expense (income), net	13	(26)
Totals	15,289	15,234
Income (loss) before income taxes	409	(1,432)
Provision for income taxes	518	554
Net loss	(109)	(1,986)
Loss attributable to non-controlling interests	112	146
Net income (loss) attributable to Innodata Inc. and Subsidiaries	$ 3	$ (1,840)
Income (loss) per share attributable to Innodata Inc. and Subsidiaries:
Basic and diluted (in dollars per share)	$ 0	$ (0.07)
Weighted average shares outstanding:
Basic (in shares)	25,445	25,337
Diluted (in shares)	25,574	25,337
Comprehensive income (loss):
Net loss	$ (109)	$ (1,986)
Pension liability adjustment, net of taxes	(82)	10
Change in fair value of derivatives, net of taxes	439	506
Foreign currency translation adjustment, net of taxes	356	(539)
Other Comprehensive income (loss)	713	(23)
Total Comprehensive income (loss)	604	(2,009)
Comprehensive loss attributed to non-controlling interest	112	146
Comprehensive income (loss) attributable to Innodata Inc. and Subsidiaries	$ 716	$ (1,863)

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flow from operating activities:
Net loss	$ (109)	$ (1,986)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	652	727
Stock-based compensation	279	285
Deferred income taxes	(167)	(135)
Pension cost	64	188
Changes in operating assets and liabilities:
Accounts receivable	(3,165)	2,260
Prepaid expenses and other current assets	252	521
Other assets	(15)	(67)
Accounts payable and accrued expenses	3,180	487
Accrued salaries, wages and related benefits	(170)	(220)
Income and other taxes	(72)	(4)
Net cash provided by operating activities	729	2,056
Cash flow used in investing activities:
Capital expenditures	(153)	(186)
Net cash used in investing activities	(153)	(186)
Cash flow used in financing activities:
Payment of long term obligations	(190)	(482)
Net cash used in financing activities	(190)	(482)
Effect of exchange rate changes on cash and cash equivalents	92	(183)
Net increase in cash and cash equivalents	478	1,205
Cash and cash equivalents, beginning of period	24,908	24,216
Cash and cash equivalents, end of period	25,386	25,421
Supplemental disclosures of noncash investing and financing activities:
Cash paid for income taxes	$ 302	$ 124

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]
Balance at Dec. 31, 2014	$ 39,223	$ 268	$ 22,780	$ 20,750	$ (287)	$ (4,288)
Balance (in shares) at Dec. 31, 2014		25,337
Net Income (loss)	(1,840)	$ 0	0	(1,840)	0	0
Stock-based compensation	285	0	285	0	0	0
Pension liability adjustments, net of taxes	10	0	0	0	10	0
Foreign currency translation adjustment, net of taxes	(539)	0	0	0	(539)	0
Change in fair value of derivatives, net of taxes	506	0	0	0	506	0
Balance at Mar. 31, 2015	37,645	$ 268	23,065	18,910	(310)	(4,288)
Balance (in shares) at Mar. 31, 2015		25,337
Balance at Dec. 31, 2015	38,212	$ 270	24,590	17,924	(84)	(4,488)
Balance (in shares) at Dec. 31, 2015		25,445
Net Income (loss)	3	$ 0	0	3	0	0
Stock-based compensation	279	0	279	0	0	0
Acquisition of non-controlling interest	(260)	0	(260)	0	0	0
Pension liability adjustments, net of taxes	(82)	0	0	0	(82)	0
Foreign currency translation adjustment, net of taxes	356	0	0	0	356	0
Change in fair value of derivatives, net of taxes	439	0	0	0	439	0
Balance at Mar. 31, 2016	$ 38,947	$ 270	$ 24,609	$ 17,927	$ 629	$ (4,488)
Balance (in shares) at Mar. 31, 2016		25,445

Description of Business and Sum

Description of Business and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Business Description and Accounting Policies [Text Block]	1. Description of Business and Summary of Significant Accounting Policies Description of Business- The Company operates in three reporting segments: Content Services (CS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The Company’s CS segment provides solutions to digital retailers, information services companies, publishers and enterprises that have one or more of the following broad business requirements: development of digital content (including e-books); development of new digital information products; and operational support of existing digital information products and systems. The Company’s IADS segment designs and develops new capabilities to enable clients in the financial services, insurance, medical and healthcare sectors to improve decision-support through digital technologies. IADS operates through two subsidiaries. Synodex offers a range of services for healthcare, medical and insurance companies, and docGenix provides services to financial services institutions. As of March 31, 2016, Innodata owned 91 94 In July 2014, the Company acquired MediaMiser, a leading provider of media monitoring and analysis software and professional services for organizations of all sizes. Through its innovative web-based and mobile solutions, MediaMiser reduces the time and effort it takes to gather, analyze and distribute valuable business intelligence extracted from traditional and social media sources. For organizations that prefer to outsource, MediaMiser also provides detailed analysis reports and daily media briefings through an expert client services team. In December 2014, the Company acquired intellectual property and related assets of Bulldog Reporter. Bulldog Reporter has provided PR industry newsletters, a journalist database, media intelligence and professional development programs for over 30 years. The Company’s MIS segment operates through its MediaMiser and Bulldog Reporter subsidiaries. Basis of Presentation These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended December 31, 2015, included in the Company's Annual Report on Form 10-K. Unless otherwise noted, the accounting policies used in preparing these condensed consolidated financial statements are the same as those described in the December 31, 2015 consolidated financial statements. Principles of Consolidation Use of Estimates Foreign Currency Translation The functional currency of the foreign subsidiaries located in Germany and Canada are the Euro and the Canadian dollar, respectively. The financial statements of these subsidiaries are reported in these respective currencies. Financial information is translated from the applicable functional currency to the U.S. dollar (the reporting currency) for inclusion in our condensed consolidated financial statements. Income, expenses and cash flows are translated at weighted average exchange rates prevailing during the fiscal period, and assets and liabilities are translated at fiscal period-end exchange rates. Resulting translation adjustments are included as a component of accumulated other comprehensive income (loss) in stockholders' equity. Foreign exchange transaction gains or losses are included in direct operating costs in the accompanying consolidated statements of operations and comprehensive income (loss). Revenue Recognition For the IADS segment, revenue is recognized primarily based on the quantity delivered and the period in which services are performed and deliverables are made as per contracts. A portion of our IADS segment revenue is derived from licensing our software and providing access to our hosted software platform. Revenue from such services are recognized monthly when access to the service is provided to the end user and there are no significant remaining obligations, persuasive evidence of an arrangement exists, the fees are fixed or determinable and collection is reasonably assured. The MIS segment derives its revenues primarily from subscription arrangements and provision of enriched media analysis services. Revenue from subscriptions is recognized monthly when access to the service is provided to the end user and there are no significant remaining obligations, persuasive evidence of an arrangement exists, the fees are fixed or determinable and collection is reasonably assured. Revenues from enriched media analysis services are recognized when the services are performed and delivered to the clients. Revenues include reimbursement of out-of-pocket expenses, with the corresponding out-of-pocket expenses included in direct operating costs. Recent Accounting Pronouncements In November 2015, the FASB issued guidance related to balance sheet classification of deferred taxes. This new guidance requires that deferred tax assets and liabilities be classified as noncurrent in a classified statement of financial position. The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted. The Company does not anticipate that adoption of this standard will have a material impact on its condensed consolidated financial statements. In February 2016, the FASB issued guidance related to leases. This new guidance requires lessees to recognize on the balance sheet a right-of-use asset, representing its right to use the underlying asset for the lease term, and a lease liability for all leases with terms greater than 12 months. The guidance also requires qualitative and quantitative disclosures designed to assess the amount, timing, and uncertainty of cash flows arising from leases. The standard requires the use of a modified retrospective transition approach, which includes a number of optional practical expedients that entities may elect to apply. This new guidance is effective for annual periods beginning after December 15, 2018. Early application is permitted. The Company has not yet determined the potential effects of the adoption of this standard on its condensed consolidated financial statements. In March 2016, the FASB issued guidance relating to share based compensation. This new guidance is intended to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The new guidance is effective for annual periods beginning after December 15, 2016. Early application is permitted. The Company does not anticipate that adoption of this standard will have a material impact on its condensed consolidated financial statements.

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	2. Property and Equipment Property and equipment are stated at costs less accumulated depreciation and amortization (in thousands), and consist of the following: March 31, December 31 2016 2015 Equipment $ 13,450 $ 13,437 Software 5,212 5,089 Furniture and equipment 2,123 2,313 Leasehold improvements 4,937 4,956 Total 25,722 25,795 Less: accumulated depreciation and amortization (21,207) (21,072) $ 4,515 $ 4,723 Depreciation and amortization expense of property and equipment was approximately $ 0.4 0.5

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	3. Goodwill and Intangible Assets The changes in the carrying amount of goodwill for the three months ended March 31, 2016 and March 31, 2015 were as follows (in thousands): Balance as of January 1, 2016 $ 1,476 Foreign currency translation adjustment 55 Balance as of March 31, 2016 $ 1,531 Balance as of January 1, 2015 $ 1,635 Foreign currency translation adjustment (83) Balance as of March 31, 2015 $ 1,552 Information regarding the Company’s acquisition-related intangible assets is as follows (in thousands): Developed Customer Trademarks Patents Total Gross carrying amounts: Balance as of January 1, 2016 $ 1,978 $ 2,036 $ 555 $ 41 $ 4,610 Foreign currency translation 137 141 17 4 299 Balance as of March 31, 2016 $ 2,115 $ 2,177 $ 572 $ 45 $ 4,909 Developed Customer Trademarks Patents Total Gross carrying amounts: Balance as of January 1, 2015 $ 2,371 $ 2,439 $ 596 $ 50 $ 5,456 Foreign currency translation (206) (211) (19) (4) (440) Balance as of March 31, 2015 $ 2,165 $ 2,228 $ 577 $ 46 $ 5,016 Developed Customer Trademarks Patents Total Accumulated amortization: Balance as of January 1, 2016 $ 280 $ 240 $ 98 $ 5 $ 623 Amortization expense 49 42 22 2 115 Foreign currency translation 24 20 2 1 47 Balance as of March 31, 2016 $ 353 $ 302 $ 122 $ 8 $ 785 Developed Customer Trademarks Patents Total Accumulated amortization: Balance as of January 1, 2015 $ 99 $ 85 $ 11 $ - $ 195 Amortization expense 57 49 23 - 129 Foreign currency translation (12) (10) (1) - (23) Balance as of March 31, 2015 $ 144 $ 124 $ 33 $ - $ 301 Amortization expense relating to acquisition-related intangible assets was $ $ 0.1 Developed technology, customer relationships, trademarks and trade names are amortized over the estimated useful life of 10 years, 12 years and 5-10 years, respectively. Estimated annual amortization expense for intangible assets subsequent to March 31, 2016 is as follows (in thousands): Year Amortization 2016 $ 487 2017 $ 487 2018 $ 487 2019 $ 472 2020 $ 422 Thereafter $ 1,769 $ 4,124

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	4. Income Taxes The Company had unrecognized tax benefits of approximately $ 1.3 1.2 0.5 Unrecognized tax Balance - January 1, 2016 $ 1,207 Increase for tax provision 40 Interest accrual 14 Foreign currency revaluation 2 Balance - March 31, 2016 $ 1,263 The Company is subject to Federal income tax, as well as income tax in various states and foreign jurisdictions. The Company is no longer subject to examination by Federal tax authorities for years prior to 2006 and by New Jersey tax authorities for years prior to 2012. Various foreign subsidiaries currently have open tax years from 2003 through 2014. Pursuant to an income tax audit by the Indian Bureau of Taxation in 2009, the Company’s Indian subsidiaries received a tax assessment approximating $ 304,000 1.0 484,000 0.3 484,000 155,000 In 2015 the Company’s Indian subsidiary was subject to an inquiry by the Service Tax Bureau in India regarding the classification of services provided by this subsidiary, asserting that the services provided by this subsidiary fall under the category of online information and database access or retrieval services (OID Services), and not under the category of business support services (BS Services) that are exempt from service tax as historically indicated in the subsidiary’s service tax filings. In the event the Service Tax Bureau is successful in proving that the services fall under the category of OID Services the revenues earned by the Company’s Indian subsidiary would be subject to a service tax of approximately 14.5 4.2 In 2016 the Company’s Indian subsidiary received notices of appeal from the Commissioner, Service Tax, seeking to reverse service tax refunds previously granted to our Indian subsidiary for certain quarters in 2014 and 2015, asserting that the services provided by this subsidiary fall under the category of OID Services and not BS Services. The Company disagrees with the basis of these appeals and is contesting them vigorously. The Company expects delays in receiving service tax refunds until such time as the appeals are adjudicated with finality. From time to time the Company is also subject to various other tax proceedings and claims for its India and Philippines subsidiaries. The Company has recorded a tax provision amounting to $ 320,000 The Company projects that during the period from 2016 through 2018 the U.S. entity may not have sufficient cash to pay in full amounts that will be payable by it to the Company’s Asian operating subsidiaries and that the cash deficit will amount to approximately $3.0 million. The resulting deferral in payments would result in a deemed dividend that would be taxable income to the U.S. entity and would be set off against its net operating loss carryforwards. The Company adjusted its deferred tax assets and the corresponding valuation allowance as of December 31, 2015 to reflect the projected deferral. In the first quarter of 2016 the U.S. entity deferred $ 2.0

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	5. Commitments and Contingencies Litigation - The Company is also subject to various legal proceedings and claims which arise in the ordinary course of business. While management currently believes that the ultimate outcome of these proceedings will not have a material adverse effect on the Company’s consolidated financial position or overall trends in consolidated results of operations, litigation is subject to inherent uncertainties. Substantial recovery against the Company in the above-referenced Philippines action could have a material adverse impact on the Company, and unfavorable rulings or recoveries in the other proceedings could have a material adverse impact on the operating results of the period in which the ruling or recovery occurs. In addition, the Company’s estimate of potential impact on the Company’s consolidated financial position or overall consolidated results of operations for the above legal proceedings could change in the future. The Company’s legal reserves related to legal proceedings and claims are based on a determination of whether or not a loss is probable. The Company reviews outstanding proceedings and claims with external counsel to assess probability and estimates of loss. The reserves are adjusted if necessary. While the Company intends to defend these matters vigorously, adverse outcomes that it estimates could reach approximately $100,000 in the aggregate beyond recorded amounts are reasonably possible. If circumstances change, the Company may be required to record adjustments that could be material to its reported consolidated financial condition and results of operations. Foreign Currency Indemnifications Liens

Stock Options

Stock Options	3 Months Ended
	Mar. 31, 2016
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	6. Stock Options In 2014, the Company adopted, with stockholder approval, amendments to the Innodata Inc. 2013 Stock Plan. The maximum number of shares of common stock that may be delivered, purchased or used for reference purposes (with respect to stock appreciation rights or stock units) with respect to awards granted under the Innodata Inc. 2013 Stock Plan, as amended and restated (the “2013 Plan”) is 2,138,655 41,096 The fair value of stock options is estimated on the date of grant using the Black-Scholes option pricing model. Weighted- Average Weighted - Remaining Number of Average Contractual Term Aggregate Options Exercise Price (years) Intrinsic Value Outstanding at January 1, 2016 3,970,146 $ 3.02 Granted 710,000 2.67 Exercised - - Forfeited/Expired (65,000) 2.89 Outstanding at March 31, 2016 4,615,146 $ 2.97 5.79 $ - Exercisable at March 31, 2016 2,279,758 $ 3.17 4.03 $ - Vested and Expected to Vest at March 31, 2016 4,615,146 $ 2.97 5.79 $ - The fair value of stock options is estimated on the date of grant using the Black-Scholes option pricing model. Three Months Ended March 31, 2016 2015 Weighted average fair value of options granted $ 1.09 $ - Risk-free interest rate 1.38% - 1.73 % - Expected life (years) 5 - 6 - Expected volatility factor 49 % - Expected dividends - - The total compensation cost related to non-vested stock awards not yet recognized as of March 31, 2016 totaled approximately $ 2.0 Three months ended March 31, 2016 2015 Direct operating costs $ 90 $ 91 Selling and administrative expenses 189 194 Total stock-based compensation $ 279 $ 285

Long term obligations

Long term obligations	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	7. Long term obligations Total long-term obligations as of March 31, 2016 and December 31, 2015 consist of the following (in thousands): March 31, December 31, 2016 2015 Vendor obligations Capital lease obligations (1) $ 385 $ 423 Deferred lease payments (2) 704 707 Microsoft licenses (3) 250 360 Acquisition related liability (4) 1,062 993 Pension obligations Accrued pension liability 2,640 2,535 5,041 5,018 Less: Current portion of long term obligations 1,453 1,582 Totals $ 3,588 $ 3,436 (1) 0.9 36 0.7 (2) (3) In March 2014, the Company renewed a vendor agreement to acquire certain additional software licenses and to receive support and subsequent software upgrades on these and other currently owned software licenses through February 2017. Pursuant to this agreement, the Company is obligated to pay approximately $0.4 million annually over the term of the agreement. The total cost, net of deferred interest (in thousands), was allocated to the following asset accounts in 2014: Prepaid expenses and other current assets $ 356 Other assets 713 Property and equipment 136 $ 1,205 (4) Amount represents a portion of the purchase price consideration for the acquisition of MediaMiser as follows: $ 0.6

Comprehensive Income (Loss)

Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Comprehensive Income (Loss) Note [Text Block]	8. Comprehensive Income (Loss) Accumulated other comprehensive loss, as reflected in the condensed consolidated balance sheets, consists of pension liability adjustments, net of taxes, foreign currency translation adjustment, net of taxes and changes in fair value of derivatives, net of taxes. The components of accumulated other comprehensive income (loss) as of March 31, 2016, and reclassifications out of accumulated other comprehensive income (loss) for the three months ended March 31, 2016 and 2015, were as follows (net of tax): Pension Liability Fair Value of Foreign Currency Accumulated Other Balance at January 1, 2016 $ 1,523 $ (165) $ (1,442) $ (84) Other comprehensive income before reclassifications, net of taxes - 386 356 742 Total other comprehensive income (loss) before reclassifications, net of taxes 1,523 221 (1,086) 658 Net amount reclassified to earnings (82) 53 - (29) Balance at March 31, 2016 $ 1,441 $ 274 $ (1,086) $ 629 Pension Liability Fair Value of Foreign Currency Accumulated Other Balance at January 1, 2015 $ 497 $ (337) $ (447) $ (287) Other comprehensive income (loss) before reclassifications, net of taxes - 474 (539) (65) Total other comprehensive income (loss) before reclassifications, net of taxes 497 137 (986) (352) Net amount reclassified to earnings 10 32 - 42 Balance at March 31, 2015 $ 507 $ 169 $ (986) $ (310) All reclassifications out of accumulated other comprehensive income (loss) had an impact on direct operating costs in the condensed consolidated statements of operations and comprehensive income (loss).

Segment Reporting and Concentra

Segment Reporting and Concentrations	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	9. Segment Reporting and Concentrations The Company’s operations are classified into three reportable segments: Content Services (CS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The CS segment provides solutions to digital retailers, information services companies, publishers and enterprises that have one or more of the following broad business requirements: development of digital content (including e-books); development of new digital information products; and operational support of existing digital information products and systems. The IADS segment performs advanced data analysis. IADS operates through two subsidiaries: Synodex and docGenix. Synodex offers a range of data analysis services in the healthcare, medical and insurance areas. docGenix provides services to certain financial services institutions. In July 2014, the Company acquired MediaMiser, an Ottawa, Canada-based provider of automated, real-time traditional and social media monitoring services. In December 2014, the Company acquired intellectual property and related assets of Bulldog Reporter. Both these businesses constitute the Company’s MIS segment. A significant portion of the Company’s revenues is generated from its production facilities in the Philippines, India, Sri Lanka, Canada, Germany and Israel. Revenues from external clients and segment operating profit (loss), and other reportable segment information are as follows (in thousands): Three Months Ended March 31, 2016 2015 Revenues: Content Services $ 13,644 $ 12,191 IADS 897 405 MediaMiser 1,157 1,206 Total Consolidated $ 15,698 $ 13,802 Income (loss) before provision for income taxes(1): Content Services $ 2,246 $ 362 IADS (1,369) (1,596) MediaMiser (468) (198) Total Consolidated $ 409 $ (1,432) Income (loss) before provision for income taxes(2): Content Services $ 1,542 $ (219) IADS (671) (1,015) MediaMiser (462) (198) Total Consolidated $ 409 $ (1,432) March 31, 2016 December 31, 2015 Total assets: Content Services $ 41,882 $ 41,842 IADS 1,046 1,026 MediaMiser 9,926 8,369 Total Consolidated $ 52,854 $ 51,237 (1) (2) The following table summarizes revenues by geographic region (determined based upon customer’s domicile) (in thousands): Three months ended March 31, 2016 2015 United States $ 8,273 $ 6,588 The Netherlands 2,562 2,112 United Kingdom 1,981 2,201 Canada 404 1,370 Other - principally Europe 2,478 1,531 $ 15,698 $ 13,802 Long-lived assets as of March 31, 2016 and December 31, 2015, respectively, by geographic region, are comprised of (in thousands): March 31, December 31, 2016 2015 United States $ 1,064 $ 1,104 Foreign countries: Philippines 1,457 5,223 India 1,507 1,611 Sri Lanka 572 1,580 Canada 5,538 635 Israel 30 31 Germany 2 2 Total foreign 9,106 9,082 $ 10,170 $ 10,186 Two clients in the CS Segment generated approximately 31 13 No other client accounted for 10% or more of total revenues during these periods. Further, for the three months ended March 31, 2016 and 2015, revenues from non-U.S. clients accounted for 47 52 As of March 31, 2016, approximately 53 66 62 68

Income (Loss) Per Share

Income (Loss) Per Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	10. Income (Loss) Per Share Three months ended March 31, 2016 2015 (in thousands) Net income (loss) attributable to Innodata Inc. and Subsidiaries $ 3 $ (1,840) Weighted average common shares outstanding 25,445 25,337 Dilutive effect of outstanding options 129 - Adjusted for dilutive computation 25,574 25,337 Basic net income (loss) per share is computed using the weighted-average number of common shares outstanding during the period. Diluted net loss per share is computed by considering the impact of the potential issuance of common shares, using the treasury stock method, on the weighted average number of shares outstanding. For those securities that are not convertible into a class of common stock, the “two-class” method of computing income per share is used. Options to purchase 4.4 2.6 1.0

Derivatives

Derivatives	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	11. Derivatives The Company conducts a large portion of its operations in international markets that subject it to foreign currency fluctuations. The most significant foreign currency exposures occur when revenue and associated accounts receivable are collected in one currency and expenses to generate that revenue are incurred in another currency. The Company’s primary exchange rate exposure relates to payroll, other payroll costs and operating expenses in the Philippines, India, Sri Lanka and Israel. In addition, although the majority of the Company’s revenues is denominated in U.S. dollars, a significant portion of the total revenues is denominated in Canadian dollars and Euros. To manage its exposure to fluctuations in foreign currency exchange rates, the Company entered into foreign currency forward contracts, authorized under Company policies, with counterparties that were highly rated financial institutions. The Company utilized non-deliverable forward contracts expiring within twelve months to reduce its foreign currency risk. The Company formally documents all relationships between hedging instruments and hedged items, as well as its risk management objective and strategy for undertaking hedge transactions. The Company does not hold or issue derivatives for trading purposes. All derivatives are recognized at their fair value and classified based on the instrument’s maturity date. The total notional amount for outstanding derivatives as of March 31, 2016 and December 31, 2015 was $ 19.3 15.8 The following table presents the fair value of derivative instruments included within the consolidated balance sheets as of March 31, 2016 and December 31, 2015 (in thousands): Balance Sheet Location Fair Value 2016 2015 Derivatives designated as hedging instruments: Foreign currency forward contracts Prepaid expenses and other current assets $ 274 $ - Foreign currency forward contracts Accrued expenses $ - $ 165 The effects of foreign currency forward contracts designated as cash flow hedges on the Company’s condensed consolidated statements of operations and comprehensive income (loss) for the three months ended March 31, 2016 and 2015, respectively, were as follows (in thousands): Three Months Ended March 31, 2016 2015 Net gain recognized in OCI (1) $ 386 $ 474 Net loss reclassified from accumulated OCI into income (2) $ (53) $ (32) Net gain recognized in income (3) $ - $ - (1) Net change in fair value of the effective portion classified into other comprehensive income ("OCI") (2) Effective portion classified within direct operating costs (3) There were no ineffective portions for the period presented.

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 31, 2016
Investments, All Other Investments [Abstract]
Financial Instruments Disclosure [Text Block]	12. Financial Instruments The carrying amounts of financial instruments, including cash and cash equivalents, accounts receivable and accounts payable approximated their fair value as of March 31, 2016 and December 31, 2015, because of the relative short maturity of these instruments. “ Fair Value Measurements and Disclosures The accounting standard establishes a fair value hierarchy that prioritizes the inputs used to measure fair value into three levels. The three levels are defined as follows: ⋅ Level 1 ⋅ Level 2: ⋅ Level 3: March 31, 2016 Level 1 Level 2 Level 3 Assets Derivatives $ - $ 274 $ - Liabilities Contingent Considerations $ - $ - $ 485 December 31, 2015 Level 1 Level 2 Level 3 Liabilities Derivatives $ - $ 165 $ - Contingent Considerations $ - $ - $ 453 Balance as of December 31, 2015 $ 453 Foreign currency translation adjustment 32 Balance as of March 31, 2016 $ 485 The Level 2 liabilities contain foreign currency forward contracts. Fair value is determined based on the observable market transactions of spot and forward rates. The fair value of these contracts as of March 31, 2016 is included in prepaid and other current assets in the accompanying condensed consolidated balance sheets. The fair value of these contracts as of December 31, 2015 is included in accrued expenses in the accompanying condensed consolidated balance sheets. The acquisition of MediaMiser includes contingent consideration that requires additional amounts to be paid by the Company based on MediaMiser’s revenues and EBITDA during the period from April 1, 2016 to March 31, 2017. The fair value measurement of the contingent consideration obligation is determined using Level 3 unobservable inputs supported by little or no market activity by applying the probability-weighted discounted cash flow approach. The fair value of the contingent consideration as of March 31, 2016 and December 31, 2015 was $ 0.5

Description of Business and S19

Description of Business and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Business Combinations Policy [Policy Text Block]	Description of Business- The Company operates in three reporting segments: Content Services (CS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The Company’s CS segment provides solutions to digital retailers, information services companies, publishers and enterprises that have one or more of the following broad business requirements: development of digital content (including e-books); development of new digital information products; and operational support of existing digital information products and systems. The Company’s IADS segment designs and develops new capabilities to enable clients in the financial services, insurance, medical and healthcare sectors to improve decision-support through digital technologies. IADS operates through two subsidiaries. Synodex offers a range of services for healthcare, medical and insurance companies, and docGenix provides services to financial services institutions. As of March 31, 2016, Innodata owned 91 94 In July 2014, the Company acquired MediaMiser, a leading provider of media monitoring and analysis software and professional services for organizations of all sizes. Through its innovative web-based and mobile solutions, MediaMiser reduces the time and effort it takes to gather, analyze and distribute valuable business intelligence extracted from traditional and social media sources. For organizations that prefer to outsource, MediaMiser also provides detailed analysis reports and daily media briefings through an expert client services team. In December 2014, the Company acquired intellectual property and related assets of Bulldog Reporter. Bulldog Reporter has provided PR industry newsletters, a journalist database, media intelligence and professional development programs for over 30 years. The Company’s MIS segment operates through its MediaMiser and Bulldog Reporter subsidiaries.
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended December 31, 2015, included in the Company's Annual Report on Form 10-K. Unless otherwise noted, the accounting policies used in preparing these condensed consolidated financial statements are the same as those described in the December 31, 2015 consolidated financial statements.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation
Use of Estimates, Policy [Policy Text Block]	Use of Estimates
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation The functional currency of the foreign subsidiaries located in Germany and Canada are the Euro and the Canadian dollar, respectively. The financial statements of these subsidiaries are reported in these respective currencies. Financial information is translated from the applicable functional currency to the U.S. dollar (the reporting currency) for inclusion in our condensed consolidated financial statements. Income, expenses and cash flows are translated at weighted average exchange rates prevailing during the fiscal period, and assets and liabilities are translated at fiscal period-end exchange rates. Resulting translation adjustments are included as a component of accumulated other comprehensive income (loss) in stockholders' equity. Foreign exchange transaction gains or losses are included in direct operating costs in the accompanying consolidated statements of operations and comprehensive income (loss).
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition For the IADS segment, revenue is recognized primarily based on the quantity delivered and the period in which services are performed and deliverables are made as per contracts. A portion of our IADS segment revenue is derived from licensing our software and providing access to our hosted software platform. Revenue from such services are recognized monthly when access to the service is provided to the end user and there are no significant remaining obligations, persuasive evidence of an arrangement exists, the fees are fixed or determinable and collection is reasonably assured. The MIS segment derives its revenues primarily from subscription arrangements and provision of enriched media analysis services. Revenue from subscriptions is recognized monthly when access to the service is provided to the end user and there are no significant remaining obligations, persuasive evidence of an arrangement exists, the fees are fixed or determinable and collection is reasonably assured. Revenues from enriched media analysis services are recognized when the services are performed and delivered to the clients. Revenues include reimbursement of out-of-pocket expenses, with the corresponding out-of-pocket expenses included in direct operating costs.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In November 2015, the FASB issued guidance related to balance sheet classification of deferred taxes. This new guidance requires that deferred tax assets and liabilities be classified as noncurrent in a classified statement of financial position. The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted. The Company does not anticipate that adoption of this standard will have a material impact on its condensed consolidated financial statements. In February 2016, the FASB issued guidance related to leases. This new guidance requires lessees to recognize on the balance sheet a right-of-use asset, representing its right to use the underlying asset for the lease term, and a lease liability for all leases with terms greater than 12 months. The guidance also requires qualitative and quantitative disclosures designed to assess the amount, timing, and uncertainty of cash flows arising from leases. The standard requires the use of a modified retrospective transition approach, which includes a number of optional practical expedients that entities may elect to apply. This new guidance is effective for annual periods beginning after December 15, 2018. Early application is permitted. The Company has not yet determined the potential effects of the adoption of this standard on its condensed consolidated financial statements. In March 2016, the FASB issued guidance relating to share based compensation. This new guidance is intended to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The new guidance is effective for annual periods beginning after December 15, 2016. Early application is permitted. The Company does not anticipate that adoption of this standard will have a material impact on its condensed consolidated financial statements.

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property and equipment are stated at costs less accumulated depreciation and amortization (in thousands), and consist of the following: March 31, December 31 2016 2015 Equipment $ 13,450 $ 13,437 Software 5,212 5,089 Furniture and equipment 2,123 2,313 Leasehold improvements 4,937 4,956 Total 25,722 25,795 Less: accumulated depreciation and amortization (21,207) (21,072) $ 4,515 $ 4,723

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill [Table Text Block]	The changes in the carrying amount of goodwill for the three months ended March 31, 2016 and March 31, 2015 were as follows (in thousands): Balance as of January 1, 2016 $ 1,476 Foreign currency translation adjustment 55 Balance as of March 31, 2016 $ 1,531 Balance as of January 1, 2015 $ 1,635 Foreign currency translation adjustment (83) Balance as of March 31, 2015 $ 1,552
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Information regarding the Company’s acquisition-related intangible assets is as follows (in thousands): Developed Customer Trademarks Patents Total Gross carrying amounts: Balance as of January 1, 2016 $ 1,978 $ 2,036 $ 555 $ 41 $ 4,610 Foreign currency translation 137 141 17 4 299 Balance as of March 31, 2016 $ 2,115 $ 2,177 $ 572 $ 45 $ 4,909 Developed Customer Trademarks Patents Total Gross carrying amounts: Balance as of January 1, 2015 $ 2,371 $ 2,439 $ 596 $ 50 $ 5,456 Foreign currency translation (206) (211) (19) (4) (440) Balance as of March 31, 2015 $ 2,165 $ 2,228 $ 577 $ 46 $ 5,016 Developed Customer Trademarks Patents Total Accumulated amortization: Balance as of January 1, 2016 $ 280 $ 240 $ 98 $ 5 $ 623 Amortization expense 49 42 22 2 115 Foreign currency translation 24 20 2 1 47 Balance as of March 31, 2016 $ 353 $ 302 $ 122 $ 8 $ 785 Developed Customer Trademarks Patents Total Accumulated amortization: Balance as of January 1, 2015 $ 99 $ 85 $ 11 $ - $ 195 Amortization expense 57 49 23 - 129 Foreign currency translation (12) (10) (1) - (23) Balance as of March 31, 2015 $ 144 $ 124 $ 33 $ - $ 301
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Estimated annual amortization expense for intangible assets subsequent to March 31, 2016 is as follows (in thousands): Year Amortization 2016 $ 487 2017 $ 487 2018 $ 487 2019 $ 472 2020 $ 422 Thereafter $ 1,769 $ 4,124

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	The following presents a roll-forward of the Company’s unrecognized tax benefits and associated interest for the three months ended March 31, 2016 (amounts in thousands): Unrecognized tax Balance - January 1, 2016 $ 1,207 Increase for tax provision 40 Interest accrual 14 Foreign currency revaluation 2 Balance - March 31, 2016 $ 1,263

Stock Options (Tables)

Stock Options (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The weighted average fair values of the options granted and weighted average assumptions are as follows: Weighted- Average Weighted - Remaining Number of Average Contractual Term Aggregate Options Exercise Price (years) Intrinsic Value Outstanding at January 1, 2016 3,970,146 $ 3.02 Granted 710,000 2.67 Exercised - - Forfeited/Expired (65,000) 2.89 Outstanding at March 31, 2016 4,615,146 $ 2.97 5.79 $ - Exercisable at March 31, 2016 2,279,758 $ 3.17 4.03 $ - Vested and Expected to Vest at March 31, 2016 4,615,146 $ 2.97 5.79 $ -
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	The weighted average fair values of the options granted and weighted average assumptions are as follows: Three Months Ended March 31, 2016 2015 Weighted average fair value of options granted $ 1.09 $ - Risk-free interest rate 1.38% - 1.73 % - Expected life (years) 5 - 6 - Expected volatility factor 49 % - Expected dividends - -
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	The stock-based compensation expense related to the Company’s various stock awards was allocated as follows (in thousands): Three months ended March 31, 2016 2015 Direct operating costs $ 90 $ 91 Selling and administrative expenses 189 194 Total stock-based compensation $ 279 $ 285

Long term obligations (Tables)

Long term obligations (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	Total long-term obligations as of March 31, 2016 and December 31, 2015 consist of the following (in thousands): March 31, December 31, 2016 2015 Vendor obligations Capital lease obligations (1) $ 385 $ 423 Deferred lease payments (2) 704 707 Microsoft licenses (3) 250 360 Acquisition related liability (4) 1,062 993 Pension obligations Accrued pension liability 2,640 2,535 5,041 5,018 Less: Current portion of long term obligations 1,453 1,582 Totals $ 3,588 $ 3,436 (1) 0.9 36 0.7 (2) (3) In March 2014, the Company renewed a vendor agreement to acquire certain additional software licenses and to receive support and subsequent software upgrades on these and other currently owned software licenses through February 2017. Pursuant to this agreement, the Company is obligated to pay approximately $0.4 million annually over the term of the agreement. The total cost, net of deferred interest (in thousands), was allocated to the following asset accounts in 2014: Prepaid expenses and other current assets $ 356 Other assets 713 Property and equipment 136 $ 1,205 (4) Amount represents a portion of the purchase price consideration for the acquisition of MediaMiser as follows: $ 0.6

Comprehensive Income (Loss) (Ta

Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The components of accumulated other comprehensive income (loss) as of March 31, 2016, and reclassifications out of accumulated other comprehensive income (loss) for the three months ended March 31, 2016 and 2015, were as follows (net of tax): Pension Liability Fair Value of Foreign Currency Accumulated Other Balance at January 1, 2016 $ 1,523 $ (165) $ (1,442) $ (84) Other comprehensive income before reclassifications, net of taxes - 386 356 742 Total other comprehensive income (loss) before reclassifications, net of taxes 1,523 221 (1,086) 658 Net amount reclassified to earnings (82) 53 - (29) Balance at March 31, 2016 $ 1,441 $ 274 $ (1,086) $ 629 Pension Liability Fair Value of Foreign Currency Accumulated Other Balance at January 1, 2015 $ 497 $ (337) $ (447) $ (287) Other comprehensive income (loss) before reclassifications, net of taxes - 474 (539) (65) Total other comprehensive income (loss) before reclassifications, net of taxes 497 137 (986) (352) Net amount reclassified to earnings 10 32 - 42 Balance at March 31, 2015 $ 507 $ 169 $ (986) $ (310)

Segment Reporting and Concent26

Segment Reporting and Concentrations (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Revenues from external clients and segment operating profit (loss), and other reportable segment information are as follows (in thousands): Three Months Ended March 31, 2016 2015 Revenues: Content Services $ 13,644 $ 12,191 IADS 897 405 MediaMiser 1,157 1,206 Total Consolidated $ 15,698 $ 13,802 Income (loss) before provision for income taxes(1): Content Services $ 2,246 $ 362 IADS (1,369) (1,596) MediaMiser (468) (198) Total Consolidated $ 409 $ (1,432) Income (loss) before provision for income taxes(2): Content Services $ 1,542 $ (219) IADS (671) (1,015) MediaMiser (462) (198) Total Consolidated $ 409 $ (1,432) March 31, 2016 December 31, 2015 Total assets: Content Services $ 41,882 $ 41,842 IADS 1,046 1,026 MediaMiser 9,926 8,369 Total Consolidated $ 52,854 $ 51,237 (1) (2)
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]	The following table summarizes revenues by geographic region (determined based upon customer’s domicile) (in thousands): Three months ended March 31, 2016 2015 United States $ 8,273 $ 6,588 The Netherlands 2,562 2,112 United Kingdom 1,981 2,201 Canada 404 1,370 Other - principally Europe 2,478 1,531 $ 15,698 $ 13,802
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	Long-lived assets as of March 31, 2016 and December 31, 2015, respectively, by geographic region, are comprised of (in thousands): March 31, December 31, 2016 2015 United States $ 1,064 $ 1,104 Foreign countries: Philippines 1,457 5,223 India 1,507 1,611 Sri Lanka 572 1,580 Canada 5,538 635 Israel 30 31 Germany 2 2 Total foreign 9,106 9,082 $ 10,170 $ 10,186

Income (Loss) Per Share (Tables

Income (Loss) Per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended March 31, 2016 2015 (in thousands) Net income (loss) attributable to Innodata Inc. and Subsidiaries $ 3 $ (1,840) Weighted average common shares outstanding 25,445 25,337 Dilutive effect of outstanding options 129 - Adjusted for dilutive computation 25,574 25,337

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	The following table presents the fair value of derivative instruments included within the consolidated balance sheets as of March 31, 2016 and December 31, 2015 (in thousands): Balance Sheet Location Fair Value 2016 2015 Derivatives designated as hedging instruments: Foreign currency forward contracts Prepaid expenses and other current assets $ 274 $ - Foreign currency forward contracts Accrued expenses $ - $ 165
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]	The effects of foreign currency forward contracts designated as cash flow hedges on the Company’s condensed consolidated statements of operations and comprehensive income (loss) for the three months ended March 31, 2016 and 2015, respectively, were as follows (in thousands): Three Months Ended March 31, 2016 2015 Net gain recognized in OCI (1) $ 386 $ 474 Net loss reclassified from accumulated OCI into income (2) $ (53) $ (32) Net gain recognized in income (3) $ - $ - (1) Net change in fair value of the effective portion classified into other comprehensive income ("OCI") (2) Effective portion classified within direct operating costs (3) There were no ineffective portions for the period presented.

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Investments, All Other Investments [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	The following table sets forth the assets and liabilities as of March 31, 2016 and December 31, 2015 that the Company measured at fair value, on a recurring basis by level, within the fair value hierarchy (in thousands). As required by the standard, assets and liabilities measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement. March 31, 2016 Level 1 Level 2 Level 3 Assets Derivatives $ - $ 274 $ - Liabilities Contingent Considerations $ - $ - $ 485 December 31, 2015 Level 1 Level 2 Level 3 Liabilities Derivatives $ - $ 165 $ - Contingent Considerations $ - $ - $ 453
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table summarizes the change in fair value of the Level 3 liability for the three months ended March 31, 2016: Balance as of December 31, 2015 $ 453 Foreign currency translation adjustment 32 Balance as of March 31, 2016 $ 485

Description of Business and S30

Description of Business and Summary of Significant Accounting Policies (Details Textual)	Mar. 31, 2016
Synodex [Member]
Description of Business and Summary of Significant Accounting Policies [Line Items]
Noncontrolling Interest, Ownership Percentage By Parent	91.00%
DocGenix [Member]
Description of Business and Summary of Significant Accounting Policies [Line Items]
Noncontrolling Interest, Ownership Percentage By Parent	94.00%

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Total	$ 25,722	$ 25,795
Less: accumulated depreciation and amortization	(21,207)	(21,072)
Property, Plant and Equipment, Net	4,515	4,723
Equipment [Member]
Property, Plant and Equipment [Line Items]
Total	13,450	13,437
Software [Member]
Property, Plant and Equipment [Line Items]
Total	5,212	5,089
Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Total	2,123	2,313
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Total	$ 4,937	$ 4,956

Property and Equipment (Detai32

Property and Equipment (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Property, Plant and Equipment [Line Items]
Depreciation, Depletion and Amortization	$ 652	$ 727
Property, Plant and Equipment [Member]
Property, Plant and Equipment [Line Items]
Depreciation, Depletion and Amortization	$ 400	$ 500

Goodwill and Intangible Asset33

Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Goodwill [Line Items]
Balance	$ 1,476	$ 1,635
Foreign currency translation adjustment	55	(83)
Balance	$ 1,531	$ 1,552

Goodwill and Intangible Asset34

Goodwill and Intangible Assets (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Gross carrying amounts:
Balance	$ 4,610	$ 5,456
Foreign currency translation	299	(440)
Balance	4,909	5,016
Accumulated amortization:
Balance	623	195
Amortization expense	115	129
Foreign currency translation	47	(23)
Balance	785	301
Developed Technology Rights [Member]
Gross carrying amounts:
Balance	1,978	2,371
Foreign currency translation	137	(206)
Balance	2,115	2,165
Accumulated amortization:
Balance	280	99
Amortization expense	49	57
Foreign currency translation	24	(12)
Balance	353	144
Customer Relationships [Member]
Gross carrying amounts:
Balance	2,036	2,439
Foreign currency translation	141	(211)
Balance	2,177	2,228
Accumulated amortization:
Balance	240	85
Amortization expense	42	49
Foreign currency translation	20	(10)
Balance	302	124
Trademarks and TradeNames [Member]
Gross carrying amounts:
Balance	555	596
Foreign currency translation	17	(19)
Balance	572	577
Accumulated amortization:
Balance	98	11
Amortization expense	22	23
Foreign currency translation	2	(1)
Balance	122	33
Patents [Member]
Gross carrying amounts:
Balance	41	50
Foreign currency translation	4	(4)
Balance	45	46
Accumulated amortization:
Balance	5	0
Amortization expense	2	0
Foreign currency translation	1	0
Balance	$ 8	$ 0

Goodwill and Intangible Asset35

Goodwill and Intangible Assets (Details 2) $ in Thousands	Mar. 31, 2016USD ($)
Finite-Lived Intangible Assets [Line Items]
2,016	$ 487
2,017	487
2,018	487
2,019	472
2,020	422
Thereafter	1,769
Finite-Lived Intangible Assets, Net	$ 4,124

Goodwill and Intangible Asset36

Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 115	$ 129
Developed Technology Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 49	57
Finite-Lived Intangible Asset, Useful Life	10 years
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 42	49
Finite-Lived Intangible Asset, Useful Life	12 years
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 22	$ 23
Maximum [Member] | Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	10 years
Minimum [Member] | Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years

Income Taxes (Details)

Income Taxes (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Income Tax Contingency [Line Items]
Balance - January 1, 2016	$ 1,207
Increase for tax position	40
Interest accrual	14
Foreign currency revaluation	2
Balance - March 31, 2016	$ 1,263

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Apr. 30, 2015	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2008
Income Taxes [Line Items]
Unrecognized Tax Benefits		$ 1,263,000		$ 1,207,000
Income Tax Examination, Penalties and Interest Accrued		500,000		$ 500,000
Foreign Income Tax Expense (Benefit), Continuing Operations	$ 300,000
Income Tax Expense (Benefit)		518,000	$ 554,000
Percentage for Subsidiary Service Tax				14.50%
Subsidiary Revenue		4,200,000
Deferred Income Tax Expense (Benefit)		(167,000)	$ (135,000)
Indian Bureau Of Taxation [Member]
Income Taxes [Line Items]
Foreign Income Tax Expense (Benefit), Continuing Operations		304,000			$ 1,000,000
Tax Adjustments, Settlements, and Unusual Provisions		484,000
Deferred Foreign Income Tax Expense (Benefit)		155,000
Income Tax Expense (Benefit)		484,000
Philippine Bureau Of Taxation [Member]
Income Taxes [Line Items]
Income Tax Expense (Benefit)		320,000
Asian Operating Subsidiaries [Member]
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount		3,000,000
Deferred Income Tax Expense (Benefit)		$ 2,000,000

Commitments and Contingencies (

Commitments and Contingencies (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Commitments and Contingencies [Line Items]
Estimated Litigation Liability	$ 8,000,000
Litigation Settlement, Expense	100,000
Property, Plant and Equipment, Net, Total	4,515,000	$ 4,723,000
Liens Under Foreign Tax Authority [Member]
Commitments and Contingencies [Line Items]
Property, Plant and Equipment, Net, Total	$ 400,000

Stock Options (Details)

Stock Options (Details) - Employee Stock Option [Member]	3 Months Ended
	Mar. 31, 2016USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options, Outstanding at January 1, 2016 (in shares) | shares	3,970,146
Number of Options, Granted (in shares) | shares	710,000
Number of Options, Exercised (in shares) | shares	0
Number of Options, Forfeited/Expired (in shares) | shares	(65,000)
Number of Options, Outstanding at March 31, 2016 (in shares) | shares	4,615,146
Number of Options, Exercisable at March 31, 2016 (in shares) | shares	2,279,758
Number of Options, Vested and Expected to Vest at March 31, 2016 (in shares) | shares	4,615,146
Weighted - Average Exercise Price, Outstanding at January 1, 2016 (in dollars per share) | $ / shares	$ 3.02
Weighted - Average Exercise Price, Granted (in dollars per shares) | $ / shares	2.67
Weighted - Average Exercise Price, Exercised (in dollars per share) | $ / shares	0
Weighted - Average Exercise Price, Forfeited/Expired (in dollars per share) | $ / shares	2.89
Weighted - Average Exercise Price, Outstanding at March 31, 2016 (in dollars per share) | $ / shares	2.97
Weighted - Average Exercise Price, Exercisable at March 31, 2016 (in dollars per share) | $ / shares	3.17
Weighted - Average Exercise Price, Vested and Expected to Vest at March 31, 2016 (in dollars per share) | $ / shares	$ 2.97
Weighted - Average Remaining Contractual Term, Outstanding at March 31, 2016 (in years)	5 years 9 months 14 days
Weighted - Average Remaining Contractual Term, Exercisable at March 31, 2016 (in years)	4 years 11 days
Weighted - Average Remaining Contractual Term, Vested and Expected to Vest at March 31, 2016 (in years)	5 years 9 months 14 days
Aggregate Intrinsic Value, Outstanding at March 31, 2016 | $	$ 0
Aggregate Intrinsic Value, Exercisable at March 31, 2016 | $	0
Aggregate Intrinsic Value, Vested and Expected to Vest at March 31, 2016 | $	$ 0

Stock Options (Details 1)

Stock Options (Details 1) - Employee Stock Option [Member] - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value of options granted (in dollars per share)	$ 1.09	$ 0
Risk-free interest rate		0.00%
Expected life (years)		0 years
Expected volatility factor	49.00%	0.00%
Expected dividends	0.00%	0.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	1.38%
Expected life (years)	5 years
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	1.73%
Expected life (years)	6 years

Stock Options (Details 2)

Stock Options (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation	$ 279	$ 285
Direct Operating Costs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation	90	91
Selling and Administrative Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation	$ 189	$ 194

Stock Options (Details Textual)

Stock Options (Details Textual) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-Based Compensation, Nonvested Awards, Total Compensation Cost Not Yet Recognized | $	$ 2
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	28 months
2013 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement By Share-Based Payment Award, Number Of Shares Authorized	2,138,655
2009 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	41,096

Long term obligations (Details)

Long term obligations (Details) - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Vendor obligations
Capital lease obligations	[1]	$ 385	$ 423
Deferred lease payments	[2]	704	707
Microsoft licenses	[3]	250	360
Acquisition related liability	[4]	1,062	993
Pension obligations
Accrued pension liability		2,640	2,535
Long-term Debt		5,041	5,018
Less: Current portion of long-term obligations		1,453	1,582
Totals		$ 3,588	$ 3,436
[1]	In March 2014, the Company entered into an equipment sale leaseback agreement with a financing company. The cash proceeds from the transaction were $0.9 million. The Company leased the equipment for a period of 36 months at an effective interest rate of approximately 6% and has the option to purchase the equipment for a nominal amount at the end of the lease term. The Company has accounted for this transaction as a financing arrangement, wherein the equipment remains on the Company’s books and will continue to be depreciated. As of March 31, 2016, the Company had made $0.7 million in lease payments under the sale leaseback agreement.
[2]	Deferred lease payments represent the effect of straight-lining operating lease payments over the respective lease terms.
[3]	In March 2014, the Company renewed a vendor agreement to acquire certain additional software licenses and to receive support and subsequent software upgrades on these and other currently owned software licenses through February 2017. Pursuant to this agreement, the Company is obligated to pay approximately $0.4 million annually over the term of the agreement.
[4]	Amount represents a portion of the purchase price consideration for the acquisition of MediaMiser as follows: $0.6 million to be paid by the Company on July 28, 2016 in shares of Innodata Inc.’s common stock, or at the Company’s option, in cash. In addition, the Company agreed to pay up to a maximum of $4.6 million of contingent consideration based on MediaMiser’s achieving certain revenue and EBITDA levels during the period from April 1, 2016 to March 31, 2017. The fair value of the contingent consideration as of March 31, 2016 was $0.5 million.

Long term obligations (Details

Long term obligations (Details 1) $ in Thousands	12 Months Ended
	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Finite-lived Intangible Assets Acquired	$ 1,205
Prepaid expenses and other current assets [Member]
Debt Instrument [Line Items]
Finite-lived Intangible Assets Acquired	356
Other assets [Member]
Debt Instrument [Line Items]
Finite-lived Intangible Assets Acquired	713
Property and equipment [Member]
Debt Instrument [Line Items]
Finite-lived Intangible Assets Acquired	$ 136

Long term obligations (Detail46

Long term obligations (Details Textual) - USD ($) $ in Millions	1 Months Ended		3 Months Ended
	Jul. 28, 2016	Mar. 31, 2014	Mar. 31, 2016	Mar. 31, 2017
MediaMiser [Member]
Debt Instrument [Line Items]
Business Combination, Contingent Consideration, Liability			$ 0.5
MediaMiser [Member] | Scenario, Forecast [Member]
Debt Instrument [Line Items]
Business Combination, Contingent Consideration, Liability, Current				$ 4.6
Vendor Agreement [Member]
Debt Instrument [Line Items]
License Costs		$ 0.4
Sale Leaseback Agreement [Member]
Debt Instrument [Line Items]
Capital Lease Obligations Lease Period		36 months
Sale Leaseback Transaction, Imputed Interest Rate		6.00%
Proceeds from Long-term Capital Lease Obligations		$ 0.9
Sale Leaseback Transaction, Rent Expense			$ 0.7
Subsequent Event [Member] | MediaMiser [Member]
Debt Instrument [Line Items]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable	$ 0.6

Comprehensive Income (Loss) (De

Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Pension Liability Adjustment, Other comprehensive income (loss):
Pension Liability Adjustment, Balance at Beginning of the Period	$ 1,523	$ 497
Pension Liability Adjustment, Other comprehensive income (loss) before reclassifications, net of taxes	0	0
Pension Liability Adjustment, Total other comprehensive income (loss) before reclassifications, net of taxes	1,523	497
Pension Liability Adjustment, Net amount reclassified to earnings	(82)	10
Pension Liability Adjustment, Balance at End of the Period	1,441	507
Fair Value of Derivatives, Other comprehensive income (loss):
Fair Value of Derivatives, Balance at Beginning of the Period	(165)	(337)
Fair Value of Derivatives, Other comprehensive income (loss) before reclassifications, net of taxes	386	474
Fair Value of Derivatives, Total other comprehensive income (loss) before reclassifications, net of taxes	221	137
Fair Value of Derivatives, Net amount reclassified to earnings	53	32
Fair Value of Derivatives, Balance at End of the Period	274	169
Foreign Currency Translation Adjustment, Other comprehensive income (loss):
Foreign Currency Translation Adjustment, Balance at Beginning of the Period	(1,442)	(447)
Foreign Currency Translation Adjustment, Other comprehensive income (loss) before reclassifications, net of taxes	356	(539)
Foreign Currency Translation Adjustment, Total other comprehensive income (loss) before reclassifications, net of taxes	(1,086)	(986)
Foreign Currency Translation Adjustment, Net amount reclassified to earnings	0	0
Foreign Currency Translation Adjustment, Balance at End of the period	(1,086)	(986)
Accumulated Other Comprehensive Income (loss), Other comprehensive income (loss):
Accumulated Other Comprehensive Income (loss), Balance at Beginning of the period	(84)	(287)
Accumulated Other Comprehensive Income (loss), Other comprehensive income (loss) before reclassifications, net of taxes	742	(65)
Accumulated Other Comprehensive Income (loss), Total other comprehensive income (loss) before reclassifications, net of taxes	658	(352)
Accumulated Other Comprehensive Income (loss), Net amount reclassified to earnings	(29)	42
Accumulated Other Comprehensive Income (loss), Balance at End of the period	$ 629	$ (310)

Segment Reporting and Concent48

Segment Reporting and Concentrations (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Segment Reporting Information [Line Items]
Revenues		$ 15,698	$ 13,802
Total assets		52,854		$ 51,237
Before Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[1]	409	(1,432)
After Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[2]	409	(1,432)
Content Services [Member]
Segment Reporting Information [Line Items]
Revenues		13,644	12,191
Total assets		41,882		41,842
Content Services [Member] | Before Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[1]	2,246	362
Content Services [Member] | After Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[2]	1,542	(219)
IADS [Member]
Segment Reporting Information [Line Items]
Revenues		897	405
Total assets		1,046		1,026
IADS [Member] | Before Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[1]	(1,369)	(1,596)
IADS [Member] | After Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[2]	(671)	(1,015)
MediaMiser [Member]
Segment Reporting Information [Line Items]
Total assets		9,926		$ 8,369
MIS [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes		1,157	1,206
MIS [Member] | Before Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[1]	(468)	(198)
MIS [Member] | After Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[2]	$ (462)	$ (198)
[1]	Before elimination of any inter-segment profits
[2]	After elimination of any inter-segment profits

Segment Reporting and Concent49

Segment Reporting and Concentrations (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Revenues	$ 15,698	$ 13,802
Other - principally Europe
Segment Reporting Information [Line Items]
Revenues	2,478	1,531
United States
Segment Reporting Information [Line Items]
Revenues	8,273	6,588
The Netherlands
Segment Reporting Information [Line Items]
Revenues	2,562	2,112
United Kingdom
Segment Reporting Information [Line Items]
Revenues	1,981	2,201
Canada
Segment Reporting Information [Line Items]
Revenues	$ 404	$ 1,370

Segment Reporting and Concent50

Segment Reporting and Concentrations (Details 2) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	$ 10,170	$ 10,186
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	1,064	1,104
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	5,538	635
India
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	1,507	1,611
Philippines
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	1,457	5,223
Sri Lanka
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	572	1,580
Israel
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	30	31
Germany
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	2	2
Foreign Countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	$ 9,106	$ 9,082

Segment Reporting and Concent51

Segment Reporting and Concentrations (Details Textual)	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Foreign Customer [Member] | Sales Revenue, Net [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	47.00%	52.00%
Foreign Customer [Member] | Accounts Receivable [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	53.00%		62.00%
Two clients [Member] | Sales Revenue, Net [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	31.00%	34.00%
Four Clients [Member] | Accounts Receivable [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	66.00%		68.00%
One Other Client [Member] | Sales Revenue, Net [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	13.00%	10.00%

Income (Loss) Per Share (Detail

Income (Loss) Per Share (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share Basic and Diluted [Line Items]
Net income (loss) attributable to Innodata Inc. and Subsidiaries	$ 3	$ (1,840)
Weighted average common shares outstanding	25,445	25,337
Dilutive effect of outstanding options	129	0
Adjusted for dilutive computation	25,574	25,337

Income (Loss) Per Share (Deta53

Income (Loss) Per Share (Details Textual) - shares shares in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share, Amount		1
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share, Amount	4.4	2.6

Derivatives (Details)

Derivatives (Details) - Foreign currency forward contracts [Member] - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Prepaid expenses and other current assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Instruments and Hedges, Liabilities	$ 274	$ 0
Accrued expenses [Member]
Derivatives, Fair Value [Line Items]
Derivative Instruments and Hedges, Liabilities	$ 0	$ 165

Derivatives (Details 1)

Derivatives (Details 1) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Net gain recognized in OCI	[1]	$ 386	$ 474
Net loss reclassified from accumulated OCI into income	[2]	(53)	(32)
Net gain recognized in income	[3]	$ 0	$ 0
[1]	Net change in fair value of the effective portion classified into other comprehensive income ("OCI")
[2]	Effective portion classified within direct operating costs
[3]	There were no ineffective portions for the period presented.

Derivatives (Details Textual)

Derivatives (Details Textual) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Derivative [Line Items]
Derivative, Notional Amount	$ 19.3	$ 15.8

Financial Instruments (Details)

Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Inputs, Level 1 [Member]
Assets
Derivatives	$ 0
Liabilities
Derivatives		$ 0
Contingent Considerations	0	0
Fair Value, Inputs, Level 2 [Member]
Assets
Derivatives	274
Liabilities
Derivatives		165
Contingent Considerations	0	0
Fair Value, Inputs, Level 3 [Member]
Assets
Derivatives	0
Liabilities
Derivatives		0
Contingent Considerations	$ 485	$ 453

Financial Instruments (Details

Financial Instruments (Details 1) - Fair Value, Inputs, Level 3 [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Balance as of December 31, 2015	$ 453
Foreign currency translation adjustment	32
Balance as of March 31, 2016	$ 485

Financial Instruments (Detail59

Financial Instruments (Details Textual) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
MediaMiser [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Business Combination, Contingent Consideration, Liability	$ 0.5	$ 0.5