Document And Entity Information
Document And Entity Information - shares | 3 Months Ended | |
Mar. 31, 2016 | Apr. 29, 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 | Gaming Partners International CORP | |
Entity Central Index Key | 918,580 | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Smaller Reporting Company | |
Trading Symbol | GPIC | |
Entity Common Stock, Shares Outstanding | 7,928,594 |
CONDENSED CONSOLIDATED BALANCE
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2016 | Dec. 31, 2015 |
Current Assets: | ||
Cash and cash equivalents | $ 17,754 | $ 17,788 |
Marketable securities | 1,712 | 3,503 |
Accounts receivable, net | 9,242 | 10,677 |
Inventories | 11,148 | 10,199 |
Prepaid expenses | 827 | 947 |
Deferred income tax assets | 1,943 | 1,640 |
Other current assets | 1,954 | 1,576 |
Total current assets | 44,580 | 46,330 |
Property and equipment, net | 14,431 | 14,102 |
Goodwill | 10,292 | 10,292 |
Intangible assets, net | 2,436 | 2,505 |
Deferred income tax assets | 687 | 710 |
Inventories, non-current | 688 | 670 |
Other assets, non-current | 2,690 | 2,635 |
Total assets Total assets | 75,804 | 77,244 |
Current Liabilities: | ||
Accounts payable | 3,404 | 4,498 |
Accrued liabilities | 5,194 | 6,456 |
Customer deposits and deferred revenue | 3,261 | 2,080 |
Current portion of long-term debt | 1,351 | 1,343 |
Income taxes payable | 510 | 824 |
Total current liabilities | 13,720 | 15,201 |
Long-term debt | 7,665 | 8,002 |
Deferred income tax liabilities | 168 | 170 |
Other liabilities, non-current | 0 | 83 |
Total liabilities Total liabilities | $ 21,553 | $ 23,456 |
Commitments and contingencies - see Note 8 | ||
Stockholders' Equity: | ||
Preferred stock, authorized 10,000,000 shares, $.01 par value, none issued and outstanding | $ 0 | $ 0 |
Common stock, authorized 30,000,000 shares, $.01 par value, 8,219,577 and 7,928,594 issued and outstanding, respectively, as of March 31, 2016, and December 31, 2015 | 82 | 82 |
Additional paid-in capital | 20,031 | 20,033 |
Treasury stock at cost: 290,983 shares | (2,263) | (2,263) |
Retained earnings | 37,732 | 37,812 |
Accumulated other comprehensive loss | (1,331) | (1,876) |
Total stockholders' equity | 54,251 | 53,788 |
Total liabilities and stockholders' equity | $ 75,804 | $ 77,244 |
CONDENSED CONSOLIDATED BALANCE3
CONDENSED CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares | Mar. 31, 2016 | Dec. 31, 2015 |
Preferred stock, shares authorized | 10,000,000 | 10,000,000 |
Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, shares authorized | 30,000,000 | 30,000,000 |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
Common stock, shares issued | 8,219,577 | 8,219,577 |
Common stock, shares outstanding | 7,928,594 | 7,928,594 |
Treasury stock, shares | 290,983 | 290,983 |
CONDENSED CONSOLIDATED STATEMEN
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
Mar. 31, 2016 | Mar. 31, 2015 | |
Revenues | $ 16,093 | $ 18,656 |
Cost of revenues | 12,125 | 12,332 |
Gross profit | 3,968 | 6,324 |
Marketing and sales | 1,525 | 1,800 |
General and administrative | 2,173 | 2,416 |
Research and development | 307 | 339 |
Operating (loss) income | (37) | 1,769 |
Other (expense) income, net | (82) | 35 |
(Loss) income before income taxes | (119) | 1,804 |
Income tax benefit | (39) | (153) |
Net (loss) income | $ (80) | $ 1,957 |
(Loss) earnings per share: | ||
Basic (in dollars per share) | $ (0.01) | $ 0.25 |
Diluted (in dollars per share) | $ (0.01) | $ 0.24 |
Weighted-average shares of common stock outstanding: | ||
Basic (in shares) | 7,929 | 7,916 |
Diluted (in shares) | 7,929 | 8,025 |
CONDENSED CONSOLIDATED STATEME5
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2016 | Mar. 31, 2015 | |
Net (loss) income | $ (80) | $ 1,957 |
Other comprehensive income: | ||
Foreign currency translation adjustment, net of tax | 545 | (1,621) |
Total comprehensive income | $ 465 | $ 336 |
CONDENSED CONSOLIDATED STATEME6
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($) $ in Thousands | Total | Common Stock [Member] | Additional Paid-in Capital [Member] | Treasury Stock [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member] |
Balance at Dec. 31, 2014 | $ 48,265 | $ 82 | $ 19,886 | $ (2,263) | $ 30,881 | $ (321) |
Balance (in shares) at Dec. 31, 2014 | 7,916,094 | |||||
Net income (Loss) | 1,957 | $ 0 | 0 | 0 | 1,957 | 0 |
Common stock options exercised | 87 | $ 0 | 87 | 0 | 0 | 0 |
Common stock options exercised (in shares) | 12,500 | |||||
Stock compensation expense | 15 | $ 0 | 15 | 0 | 0 | 0 |
Tax impacts of stock options | 3 | 0 | 3 | 0 | 0 | 0 |
Foreign currency translation adjustment, net of tax | (1,621) | 0 | 0 | 0 | 0 | (1,621) |
Balance at Mar. 31, 2015 | 48,706 | $ 82 | 19,991 | (2,263) | 32,838 | (1,942) |
Balance (in shares) at Mar. 31, 2015 | 7,928,594 | |||||
Balance at Dec. 31, 2015 | 53,788 | $ 82 | 20,033 | (2,263) | 37,812 | (1,876) |
Balance (in shares) at Dec. 31, 2015 | 7,928,594 | |||||
Net income (Loss) | (80) | $ 0 | 0 | 0 | (80) | 0 |
Stock compensation expense | 21 | 0 | 21 | 0 | 0 | 0 |
Tax impacts of stock options | (23) | 0 | (23) | 0 | 0 | 0 |
Foreign currency translation adjustment, net of tax | 545 | 0 | 0 | 0 | 0 | 545 |
Balance at Mar. 31, 2016 | $ 54,251 | $ 82 | $ 20,031 | $ (2,263) | $ 37,732 | $ (1,331) |
Balance (in shares) at Mar. 31, 2016 | 7,928,594 |
CONDENSED CONSOLIDATED STATEME7
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2016 | Mar. 31, 2015 | |
Cash Flows from Operating Activities | ||
Net income (Loss) | $ (80) | $ 1,957 |
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities: | ||
Depreciation of property and equipment | 666 | 680 |
Amortization of intangible assets | 70 | 77 |
Provision for bad debt | 12 | 139 |
Deferred income taxes | (276) | (672) |
Stock compensation expense | 21 | 15 |
Tax impacts of stock options | (23) | 3 |
Loss on sale or disposal of property and equipment | 0 | 35 |
Gain on sale of marketable securities | (1) | (1) |
Change in operating assets and liabilities: | ||
Accounts receivable | 1,434 | 1,072 |
Inventories | (837) | 780 |
Prepaid expenses and other current assets | (219) | (495) |
Other assets, non-current | 10 | 63 |
Accounts payable | (1,127) | 810 |
Accrued liabilities | (1,340) | 122 |
Customer deposits and deferred revenue | 1,086 | (1,086) |
Other current liabilities | 13 | (87) |
Income taxes payable | (314) | 462 |
Net cash (used in) provided by operating activities | (905) | 3,874 |
Cash Flows from Investing Activities | ||
Purchases of marketable securities | 0 | (6,759) |
Proceeds from sale of marketable securities | 1,880 | 4,508 |
Proceeds from sale of property and equipment | 0 | 18 |
Capital expenditures | (851) | (174) |
Net cash provided by (used in) investing activities | 1,029 | (2,407) |
Cash Flows from Financing Activities | ||
Principal payments on long-term debt | (330) | 0 |
Proceeds from exercise of stock options | 0 | 87 |
Net cash (used in) provided by financing activities | (330) | 87 |
Effect of exchange rate changes on cash | 172 | (406) |
Net (decrease) increase in cash and cash equivalents | (34) | 1,148 |
Cash and cash equivalents, beginning of period | 17,788 | 8,969 |
Cash and cash equivalents, end of period | 17,754 | 10,117 |
Supplemental disclosure of cash flow information: | ||
Cash paid for interest | 63 | 63 |
Cash paid for income taxes, net of refunds | 435 | 3 |
Supplemental disclosure of non-cash investing and financing activities | ||
Property and equipment acquired through accounts payable | $ 36 | $ 47 |
Nature of Business and Signific
Nature of Business and Significant Accounting Policies | 3 Months Ended |
Mar. 31, 2016 | |
Accounting Policies [Abstract] | |
Business Description and Accounting Policies [Text Block] | Organization and Nature of Business Gaming Partners International Corporation (GPIC or the Company) is headquartered in North Las Vegas, Nevada. Our business activities include the manufacture and sale of casino currencies, playing cards, table layouts, gaming furniture, table accessories, dice, roulette wheels, and RFID readers and software, all of which are used with casino table games such as blackjack, poker, baccarat, craps, and roulette. The Company has three operating subsidiaries: Gaming Partners International USA, Inc. (GPI USA) (including GPI Mexicana S.A. de C.V. (GPI Mexicana), our maquiladora manufacturing operation in Mexico, and GPI USA Blue Springs, our manufacturing facility in Missouri); Gaming Partners International SAS (GPI SAS); and Gaming Partners International Asia Limited (GPI Asia). Our subsidiaries have the following distribution and product focus: • GPI USA sells in the United States, Canada, the Caribbean, and Latin America. GPI USA sells our full product line, with most of the products manufactured in either San Luis Rio Colorado, Mexico, or Blue Springs, Missouri. The remainder is either manufactured in France or purchased from United States vendors. We warehouse inventory in San Luis, Arizona; Blue Springs, Missouri; and North Las Vegas, Nevada. We have sales offices in North Las Vegas, Nevada; Atlantic City, New Jersey; Gulfport, Mississippi; and Blue Springs, Missouri. • GPI SAS sells primarily in Europe and Africa out of its office in Beaune, France. GPI SAS predominantly sells casino currencies, including both American-style, known as chips, and European-style, known as plaques and jetons. Most of the products sold by GPI SAS are manufactured in France, with the remainder manufactured in Mexico. • GPI Asia, located in Macau S.A.R., China, distributes our full product line in the Asia-Pacific region. GPI Asia also sells table layouts that it manufactures in Macau S.A.R. Significant Accounting Policies The accompanying condensed consolidated financial statements include the accounts of GPIC and its wholly-owned subsidiaries GPI SAS, GPI USA, and GPI Asia. All material intercompany balances and transactions have been eliminated in consolidation. The condensed consolidated financial statements of the Company and its subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) for interim financial information and in the form prescribed by the Securities and Exchange Commission (SEC), and do not include all of the information and notes required by U.S. GAAP for complete financial statements. These statements should be read in conjunction with our annual audited consolidated financial statements and related notes included in our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2015, filed with the SEC on March 24, 2016. These unaudited condensed consolidated financial statements, in the opinion of management, reflect only normal and recurring adjustments necessary for a fair presentation of results and cash flows for the interim periods presented. The results of operations for an interim period are not necessarily indicative of the results for any other interim period or a full fiscal year. In March 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-09, Compensation – Stock Compensation (Topic 718), to simplify several aspects of the accounting for share-based payment award transactions including: (a) income tax consequences; (b) classification of awards as either equity or liabilities; and (c) classification on the statement of cash flows. The amendments are effective for public companies for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Company has not adopted this guidance for 2016 and is currently evaluating the impact of adoption. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), In November 2015, the FASB issued ASU 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory In May 2014, the FASB issued ASU 2014-09, Revenues from Contracts with Customers (Topic 606) |
Cash, Cash Equivalents, and Mar
Cash, Cash Equivalents, and Marketable Securities | 3 Months Ended |
Mar. 31, 2016 | |
Cash and Cash Equivalents [Abstract] | |
Cash, Cash Equivalents, and Marketable Securities [Text Block] | Note 2. Cash, Cash Equivalents, and Marketable Securities We hold our cash, cash equivalents, and marketable securities in various financial institutions in the countries shown below. Substantially all accounts have balances in excess of government-insured limits. March 31, 2016 December 31, 2015 Cash and Cash Equivalents Marketable Securities Total Cash and Cash Equivalents Marketable Securities Total United States (including Mexico) $ 10,615 $ - $ 10,615 $ 12,861 $ - $ 12,861 France 3,385 1,712 5,097 887 3,503 4,390 Macau S.A.R., China 3,754 - 3,754 4,040 - 4,040 Total $ 17,754 $ 1,712 $ 19,466 $ 17,788 $ 3,503 $ 21,291 March 31, 2016 December 31, 2015 Cost Unrealized Gain/(Loss) Fair Value Cost Unrealized Gain/(Loss) Fair Value Certificates of deposit $ 1,703 $ - $ 1,703 $ 2,727 $ - $ 2,727 Bond mutual funds 9 - 9 776 - 776 Total marketable securities $ 1,712 $ - $ 1,712 $ 3,503 $ - $ 3,503 We present our marketable securities at their estimated fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. We have determined that all of our marketable securities are Level 1 financial instruments, with asset values recorded at quoted prices in active markets for identical assets. |
Accounts Receivable and Allowan
Accounts Receivable and Allowance for Doubtful Accounts | 3 Months Ended |
Mar. 31, 2016 | |
Valuation and Qualifying Accounts [Abstract] | |
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block] | Note 3. Accounts Receivable and Allowance for Doubtful Accounts At March 31, 2016, one Macau S.A.R. casino customer, whose account is current, accounted for 26 33 Provision Balance at Beginning of Year (Benefit) Write-offs, Net of Recoveries Exchange Rate Effect Balance at End of Period March 31, 2016 $ 990 $ 12 $ (36) $ 1 $ 967 December 31, 2015 $ 302 $ 711 $ (19) $ (4) $ 990 |
Inventories
Inventories | 3 Months Ended |
Mar. 31, 2016 | |
Inventory Disclosure [Abstract] | |
Inventory Disclosure [Text Block] | Note 4. Inventories March 31, 2016 December 31, 2015 Raw materials $ 7,893 $ 7,653 Work in progress 1,221 668 Finished goods 2,722 2,548 Total inventories $ 11,836 $ 10,869 We classified a portion of our inventories as non-current because we do not expect this portion to be used within one year. March 31, 2016 December 31, 2015 Current $ 11,148 $ 10,199 Non-current 688 670 Total inventories $ 11,836 $ 10,869 |
Property and Equipment
Property and Equipment | 3 Months Ended |
Mar. 31, 2016 | |
Property, Plant and Equipment [Abstract] | |
Property, Plant and Equipment Disclosure [Text Block] | Note 5. Property and Equipment March 31, 2016 December 31, 2015 Land $ 530 $ 520 Buildings and improvements 6,986 6,839 Equipment and furniture 27,921 26,912 Vehicles 412 403 Construction in progress 1,646 1,403 37,495 36,077 Less accumulated depreciation (23,064) (21,975) Property and equipment, net $ 14,431 $ 14,102 Depreciation expense for the three months ended March 31, 2016 and 2015 was $ 666,000 680,000 1.6 |
Goodwill and Intangible Assets
Goodwill and Intangible Assets | 3 Months Ended |
Mar. 31, 2016 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Intangible Assets Disclosure [Text Block] | Note 6. Goodwill and Intangible Assets We have goodwill valued at $ 10,292,000 March 31, 2016 December 31, 2015 Gross Carrying Amount Accum Amort Net Carrying Amount Gross Carrying Amount Accum Amort Net Carrying Amount Trademarks $ 1,772 $ (485) $ 1,287 $ 1,772 $ (454) $ 1,318 Customer list 1,324 (274) 1,050 1,323 (245) 1,078 Patents 542 (521) 21 542 (520) 22 Other intangible assets 372 (294) 78 372 (285) 87 Total intangible assets $ 4,010 $ (1,574) $ 2,436 $ 4,009 $ (1,504) $ 2,505 Amortization expense for intangible assets for the three months ended March 31, 2016 and 2015 was $ 70,000 77,000 |
Debt
Debt | 3 Months Ended |
Mar. 31, 2016 | |
Debt Disclosure [Abstract] | |
Debt Disclosure [Text Block] | Note 7. Debt On June 26, 2015, the Company entered into a Credit Agreement with Nevada State Bank (Lender) for a combined $ 15.0 10.0 5.0 June 26, 2022, Interest on funds borrowed under the Term Loan and the Revolving Loan will be charged at a rate per annum equal to LIBOR plus 2.25%. Year Ending Long Term Debt 2016 $ 1,013 2017 1,376 2018 1,409 2019 1,444 2020 1,480 Thereafter 2,294 $ 9,016 The above description of the material terms and conditions of the Credit Agreement does not purport to be complete and is qualified in its entirety by reference to the full texts of the Credit Agreement, the Pledge and Security Agreement and Irrevocable Proxy and the Guaranty, which are filed as Exhibits 10.1, 10.2, and 10.3 to Form 8-K filed with the SEC on July 2, 2015. |
Commitments and Contingencies
Commitments and Contingencies | 3 Months Ended |
Mar. 31, 2016 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies Disclosure [Text Block] | Note 8. Commitments and Contingencies Operating Lease Commitments The company has various operating leases that are used in the normal course of business. Our operating leases consist of buildings and equipment. 16,000 At March 31, 2016, minimum lease payment obligations are as follows (in thousands): Minimum Lease Year Ending Payments 2016 $ 740 2017 842 2018 688 2019 270 2020 274 Thereafter 428 Total $ 3,242 Legal Proceedings and Contingencies From time to time we are engaged in disputes and claims that arose in the normal course of business. We believe the ultimate outcome of these proceedings will not have a material adverse impact on our consolidated financial position or results of operations, but the outcome of these actions is inherently difficult to predict. There can be no assurance that we will prevail in any such litigation. Liabilities for material claims against us are accrued when a loss is considered probable and can be reasonably estimated. Legal costs associated with claims are expensed as incurred. |
Accumulated Other Comprehensive
Accumulated Other Comprehensive Income (Loss) | 3 Months Ended |
Mar. 31, 2016 | |
Equity [Abstract] | |
Comprehensive Income (Loss) Note [Text Block] | Note 9. Accumulated Other Comprehensive Income (Loss) Foreign Currency Translation Unrealized Gains on Securities Total Balance at January 1, 2016 $ (1,876) $ - $ (1,876) Other comprehensive income 545 - 545 Balance at March 31, 2016 $ (1,331) $ - $ (1,331) |
Geographic and Product Line Inf
Geographic and Product Line Information | 3 Months Ended |
Mar. 31, 2016 | |
Segment Reporting [Abstract] | |
Segment Reporting Disclosure [Text Block] | Note 10. Geographic and Product Line Information We manufacture and sell casino table game equipment in one operating segment - casino table game products. Although the Company derives its revenues from a number of different product lines, the Company neither allocates resources based on the operating results from the individual product lines, nor manages each individual product line as a separate business unit. Our chief operating decision maker is our Chief Executive Officer (CEO). The CEO manages our operations on a consolidated basis to make decisions about overall corporate resource allocation and to assess overall corporate profitability. Our CEO is also the chief operating manager for each of our entities in the United States, France, and Macau S.A.R.; that is, the individual locations do not have “segment,” or “product line,” managers who report to our CEO. Three Months Ended March 31, 2016 2015 Revenues The Americas $ 12,294 76.4 % $ 12,304 65.9 % Asia-Pacific 2,761 17.2 % 5,969 32.0 % Europe and Africa 1,038 6.4 % 383 2.1 % Total $ 16,093 100.0 % $ 18,656 100.0 % Three Months Ended March 31, 2016 2015 Casino currency with RFID $ 2,139 13.3 % $ 3,619 19.4 % Casino currency without RFID 2,808 17.4 % 3,079 16.5 % Total casino currency 4,947 30.7 % 6,698 35.9 % Playing cards 6,565 40.8 % 5,773 30.9 % Table layouts 1,365 8.5 % 1,694 9.1 % Table accessories and other products 1,367 8.5 % 1,642 8.8 % Dice 638 4.0 % 601 3.2 % Gaming furniture 408 2.5 % 588 3.2 % RFID solutions 75 0.5 % 860 4.6 % Shipping 728 4.5 % 800 4.3 % Total $ 16,093 100.0 % $ 18,656 100.0 % For the three months ended March 31, 2016, one casino customer accounted for 13 11 Property and equipment, net: March 31, 2016 December 31, 2015 United States $ 7,169 $ 7,000 France 3,628 3,544 Mexico 3,283 3,249 Asia 351 309 Total $ 14,431 $ 14,102 Intangible assets, net: March 31, 2016 December 31, 2015 United States $ 1,948 $ 2,006 Asia 488 497 France - 2 Total $ 2,436 $ 2,505 |
Earnings per Share (EPS)
Earnings per Share (EPS) | 3 Months Ended |
Mar. 31, 2016 | |
Earnings Per Share [Abstract] | |
Earnings Per Share [Text Block] | Note 11. Earnings per Share (EPS) Shares used to compute basic and diluted earnings per share from operations are as follows: Three Months Ended March 31, 2016 2015 Weighted-average number of common shares outstanding - basic 7,929 7,916 Potential dilution from equity grants - 109 Weighted-average number of common shares outstanding - diluted 7,929 8,025 |
Subsequent Event
Subsequent Event | 3 Months Ended |
Mar. 31, 2016 | |
Subsequent Events [Abstract] | |
Subsequent Events [Text Block] | Note 12. Subsequent Event On April 22, 2016, the Company entered into a letter of intent to acquire the assets of Dolphin Products Limited (Dolphin) including fixed assets, raw materials and inventory, and intellectual property for an estimated cash purchase price of approximately $ 5.9 ® |
Nature of Business and Signif20
Nature of Business and Significant Accounting Policies (Policies) | 3 Months Ended |
Mar. 31, 2016 | |
Accounting Policies [Abstract] | |
Consolidation, Policy [Policy Text Block] | The accompanying condensed consolidated financial statements include the accounts of GPIC and its wholly-owned subsidiaries GPI SAS, GPI USA, and GPI Asia. All material intercompany balances and transactions have been eliminated in consolidation. The condensed consolidated financial statements of the Company and its subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) for interim financial information and in the form prescribed by the Securities and Exchange Commission (SEC), and do not include all of the information and notes required by U.S. GAAP for complete financial statements. These statements should be read in conjunction with our annual audited consolidated financial statements and related notes included in our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2015, filed with the SEC on March 24, 2016. These unaudited condensed consolidated financial statements, in the opinion of management, reflect only normal and recurring adjustments necessary for a fair presentation of results and cash flows for the interim periods presented. The results of operations for an interim period are not necessarily indicative of the results for any other interim period or a full fiscal year. |
New Accounting Pronouncements, Policy [Policy Text Block] | In March 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-09, Compensation – Stock Compensation (Topic 718), to simplify several aspects of the accounting for share-based payment award transactions including: (a) income tax consequences; (b) classification of awards as either equity or liabilities; and (c) classification on the statement of cash flows. The amendments are effective for public companies for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Company has not adopted this guidance for 2016 and is currently evaluating the impact of adoption. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), In November 2015, the FASB issued ASU 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory In May 2014, the FASB issued ASU 2014-09, Revenues from Contracts with Customers (Topic 606) |
Cash, Cash Equivalents, and M21
Cash, Cash Equivalents, and Marketable Securities (Tables) | 3 Months Ended |
Mar. 31, 2016 | |
Cash and Cash Equivalents [Abstract] | |
Cash and Cash Equivalents and Marketable Securities [Table Text Block] | The following summarizes our holdings (in thousands): March 31, 2016 December 31, 2015 Cash and Cash Equivalents Marketable Securities Total Cash and Cash Equivalents Marketable Securities Total United States (including Mexico) $ 10,615 $ - $ 10,615 $ 12,861 $ - $ 12,861 France 3,385 1,712 5,097 887 3,503 4,390 Macau S.A.R., China 3,754 - 3,754 4,040 - 4,040 Total $ 17,754 $ 1,712 $ 19,466 $ 17,788 $ 3,503 $ 21,291 |
Available-for-sale Securities [Table Text Block] | Available-for-sale marketable securities consist of investments in securities such as certificates of deposit offered by French banks and bond mutual funds (in thousands): March 31, 2016 December 31, 2015 Cost Unrealized Gain/(Loss) Fair Value Cost Unrealized Gain/(Loss) Fair Value Certificates of deposit $ 1,703 $ - $ 1,703 $ 2,727 $ - $ 2,727 Bond mutual funds 9 - 9 776 - 776 Total marketable securities $ 1,712 $ - $ 1,712 $ 3,503 $ - $ 3,503 |
Accounts Receivable and Allow22
Accounts Receivable and Allowance for Doubtful Accounts (Tables) | 3 Months Ended |
Mar. 31, 2016 | |
Valuation and Qualifying Accounts [Abstract] | |
Schedule of Allowance for Doubtful Accounts Receivable Roll Forward [Table Text Block] | The allowance for doubtful accounts consists of the following (in thousands): Provision Balance at Beginning of Year (Benefit) Write-offs, Net of Recoveries Exchange Rate Effect Balance at End of Period March 31, 2016 $ 990 $ 12 $ (36) $ 1 $ 967 December 31, 2015 $ 302 $ 711 $ (19) $ (4) $ 990 |
Inventories (Tables)
Inventories (Tables) | 3 Months Ended |
Mar. 31, 2016 | |
Inventory Disclosure [Abstract] | |
Schedule of Inventory, Current [Table Text Block] | Inventories consist of the following (in thousands): March 31, 2016 December 31, 2015 Raw materials $ 7,893 $ 7,653 Work in progress 1,221 668 Finished goods 2,722 2,548 Total inventories $ 11,836 $ 10,869 |
Schedule of Inventory, Noncurrent [Table Text Block] | The classification of our inventories on our condensed consolidated balance sheets is as follows (in thousands): March 31, 2016 December 31, 2015 Current $ 11,148 $ 10,199 Non-current 688 670 Total inventories $ 11,836 $ 10,869 |
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 consists of the following (in thousands): March 31, 2016 December 31, 2015 Land $ 530 $ 520 Buildings and improvements 6,986 6,839 Equipment and furniture 27,921 26,912 Vehicles 412 403 Construction in progress 1,646 1,403 37,495 36,077 Less accumulated depreciation (23,064) (21,975) Property and equipment, net $ 14,431 $ 14,102 |
Goodwill and Intangible Assets
Goodwill and Intangible Assets (Tables) | 3 Months Ended |
Mar. 31, 2016 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Schedule of Finite-Lived Intangible Assets [Table Text Block] | Intangible assets consist of the following (in thousands): March 31, 2016 December 31, 2015 Gross Carrying Amount Accum Amort Net Carrying Amount Gross Carrying Amount Accum Amort Net Carrying Amount Trademarks $ 1,772 $ (485) $ 1,287 $ 1,772 $ (454) $ 1,318 Customer list 1,324 (274) 1,050 1,323 (245) 1,078 Patents 542 (521) 21 542 (520) 22 Other intangible assets 372 (294) 78 372 (285) 87 Total intangible assets $ 4,010 $ (1,574) $ 2,436 $ 4,009 $ (1,504) $ 2,505 |
Debt (Tables)
Debt (Tables) | 3 Months Ended |
Mar. 31, 2016 | |
Debt Disclosure [Abstract] | |
Schedule of Maturities of Long-term Debt [Table Text Block] | Year Ending Long Term Debt 2016 $ 1,013 2017 1,376 2018 1,409 2019 1,444 2020 1,480 Thereafter 2,294 $ 9,016 |
Commitments and Contingencies (
Commitments and Contingencies (Tables) | 3 Months Ended |
Mar. 31, 2016 | |
Commitments and Contingencies Disclosure [Abstract] | |
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block] | At March 31, 2016, minimum lease payment obligations are as follows (in thousands): Minimum Lease Year Ending Payments 2016 $ 740 2017 842 2018 688 2019 270 2020 274 Thereafter 428 Total $ 3,242 |
Accumulated Other Comprehensi28
Accumulated Other Comprehensive Income (Loss) (Tables) | 3 Months Ended |
Mar. 31, 2016 | |
Equity [Abstract] | |
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | Changes in accumulated other comprehensive loss, net of tax, and by component for the three months ended March 31, 2016, were as follows (in thousands): Foreign Currency Translation Unrealized Gains on Securities Total Balance at January 1, 2016 $ (1,876) $ - $ (1,876) Other comprehensive income 545 - 545 Balance at March 31, 2016 $ (1,331) $ - $ (1,331) |
Geographic and Product Line I29
Geographic and Product Line Information (Tables) | 3 Months Ended |
Mar. 31, 2016 | |
Segment Reporting [Abstract] | |
Schedule of Revenue from Foreign Countries by Geographic Area [Table Text Block] | The following tables present our net sales by geographic area (in thousands): Three Months Ended March 31, 2016 2015 Revenues The Americas $ 12,294 76.4 % $ 12,304 65.9 % Asia-Pacific 2,761 17.2 % 5,969 32.0 % Europe and Africa 1,038 6.4 % 383 2.1 % Total $ 16,093 100.0 % $ 18,656 100.0 % |
Schedule of Product Revenue [Table Text Block] | The following tables present our net sales by product line (in thousands): Three Months Ended March 31, 2016 2015 Casino currency with RFID $ 2,139 13.3 % $ 3,619 19.4 % Casino currency without RFID 2,808 17.4 % 3,079 16.5 % Total casino currency 4,947 30.7 % 6,698 35.9 % Playing cards 6,565 40.8 % 5,773 30.9 % Table layouts 1,365 8.5 % 1,694 9.1 % Table accessories and other products 1,367 8.5 % 1,642 8.8 % Dice 638 4.0 % 601 3.2 % Gaming furniture 408 2.5 % 588 3.2 % RFID solutions 75 0.5 % 860 4.6 % Shipping 728 4.5 % 800 4.3 % Total $ 16,093 100.0 % $ 18,656 100.0 % |
Schedule of Property Plant and Equipment by Geographic Area [Table Text Block] | The following table presents our property and equipment by geographic area (in thousands): Property and equipment, net: March 31, 2016 December 31, 2015 United States $ 7,169 $ 7,000 France 3,628 3,544 Mexico 3,283 3,249 Asia 351 309 Total $ 14,431 $ 14,102 |
Schedule of Intangible Assets and Goodwill [Table Text Block] | The following table presents our intangible assets by geographic area (in thousands): Intangible assets, net: March 31, 2016 December 31, 2015 United States $ 1,948 $ 2,006 Asia 488 497 France - 2 Total $ 2,436 $ 2,505 |
Earnings per Share (EPS) (Table
Earnings per Share (EPS) (Tables) | 3 Months Ended |
Mar. 31, 2016 | |
Earnings Per Share [Abstract] | |
Schedule of Weighted Average Number of Shares [Table Text Block] | Three Months Ended March 31, 2016 2015 Weighted-average number of common shares outstanding - basic 7,929 7,916 Potential dilution from equity grants - 109 Weighted-average number of common shares outstanding - diluted 7,929 8,025 |
Cash, Cash Equivalents, and M31
Cash, Cash Equivalents, and Marketable Securities (Details) - USD ($) $ in Thousands | Mar. 31, 2016 | Dec. 31, 2015 | Mar. 31, 2015 | Dec. 31, 2014 |
Cash and Cash Equivalents [Line Items] | ||||
Cash and Cash Equivalents | $ 17,754 | $ 17,788 | $ 10,117 | $ 8,969 |
Marketable Securities | 1,712 | 3,503 | ||
Total | 19,466 | 21,291 | ||
United States (including Mexico) [Member] | ||||
Cash and Cash Equivalents [Line Items] | ||||
Cash and Cash Equivalents | 10,615 | 12,861 | ||
Marketable Securities | 0 | 0 | ||
Total | 10,615 | 12,861 | ||
France [Member] | ||||
Cash and Cash Equivalents [Line Items] | ||||
Cash and Cash Equivalents | 3,385 | 887 | ||
Marketable Securities | 1,712 | 3,503 | ||
Total | 5,097 | 4,390 | ||
Macau S.A.R., China [Member] | ||||
Cash and Cash Equivalents [Line Items] | ||||
Cash and Cash Equivalents | 3,754 | 4,040 | ||
Marketable Securities | 0 | 0 | ||
Total | $ 3,754 | $ 4,040 |
Cash, Cash Equivalents, and M32
Cash, Cash Equivalents, and Marketable Securities (Details 1) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended |
Mar. 31, 2016 | Dec. 31, 2015 | |
Schedule of Available-for-sale Securities [Line Items] | ||
Cost | $ 1,712 | $ 3,503 |
Unrealized Gain/(Loss) | 0 | 0 |
Fair Value | 1,712 | 3,503 |
Certificates of Deposit [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Cost | 1,703 | 2,727 |
Unrealized Gain/(Loss) | 0 | 0 |
Fair Value | 1,703 | 2,727 |
Bond Mutual Funds [Member] | ||
Schedule of Available-for-sale Securities [Line Items] | ||
Cost | 9 | 776 |
Unrealized Gain/(Loss) | 0 | 0 |
Fair Value | $ 9 | $ 776 |
Accounts Receivable and Allow33
Accounts Receivable and Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2016 | Mar. 31, 2015 | Dec. 31, 2015 | |
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Balance at Beginning of Year | $ 990 | $ 302 | $ 302 |
Provision (Benefit) | 12 | $ 139 | 711 |
Write-offs, Net of Recoveries | (36) | (19) | |
Exchange Rate Effect | 1 | (4) | |
Balance at End of Period | $ 967 | $ 990 |
Accounts Receivable and Allow34
Accounts Receivable and Allowance for Doubtful Accounts (Details Textual) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2016 | Mar. 31, 2015 | Dec. 31, 2015 | |
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Concentration Risk, Percentage | 100.00% | 100.00% | |
One Casino Customer [Member] | |||
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Concentration Risk, Percentage | 13.00% | 11.00% | |
One Casino Customer [Member] | Accounts Receivable [Member] | |||
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Concentration Risk, Percentage | 26.00% | 33.00% |
Inventories (Details)
Inventories (Details) - USD ($) $ in Thousands | Mar. 31, 2016 | Dec. 31, 2015 |
Inventory [Line Items] | ||
Raw materials | $ 7,893 | $ 7,653 |
Work in progress | 1,221 | 668 |
Finished goods | 2,722 | 2,548 |
Total inventories | $ 11,836 | $ 10,869 |
Inventories (Details 1)
Inventories (Details 1) - USD ($) $ in Thousands | Mar. 31, 2016 | Dec. 31, 2015 |
Current | $ 11,148 | $ 10,199 |
Non-current | 688 | 670 |
Total inventories | $ 11,836 | $ 10,869 |
Property and Equipment (Details
Property and Equipment (Details) - USD ($) $ in Thousands | Mar. 31, 2016 | Dec. 31, 2015 |
Property, Plant and Equipment [Line Items] | ||
Land | $ 530 | $ 520 |
Buildings and improvements | 6,986 | 6,839 |
Equipment and furniture | 27,921 | 26,912 |
Vehicles | 412 | 403 |
Construction in progress | 1,646 | 1,403 |
Property, Plant and Equipment, Gross | 37,495 | 36,077 |
Less accumulated depreciation | (23,064) | (21,975) |
Property and equipment, net | $ 14,431 | $ 14,102 |
Property and Equipment (Detai38
Property and Equipment (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | ||
Mar. 31, 2016 | Mar. 31, 2015 | Dec. 31, 2015 | |
Property, Plant and Equipment [Line Items] | |||
Depreciation | $ 666 | $ 680 | |
Construction in Progress, Gross | 1,646 | $ 1,403 | |
Building Improvements [Member] | |||
Property, Plant and Equipment [Line Items] | |||
Construction in Progress, Gross | $ 1,600 |
Goodwill and Intangible Asset39
Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands | Mar. 31, 2016 | Dec. 31, 2015 |
Finite-Lived Intangible Assets [Line Items] | ||
Goodwill and Intangible assets, Gross Carrying Amount | $ 4,010 | $ 4,009 |
Goodwill and Intangible assets, Accumulated Amortization | (1,574) | (1,504) |
Goodwill and Intangible assets, Net Carrying Amount | 2,436 | 2,505 |
Trademarks [Member] | ||
Finite-Lived Intangible Assets [Line Items] | ||
Goodwill and Intangible assets, Gross Carrying Amount | 1,772 | 1,772 |
Goodwill and Intangible assets, Accumulated Amortization | (485) | (454) |
Goodwill and Intangible assets, Net Carrying Amount | 1,287 | 1,318 |
Customer List [Member] | ||
Finite-Lived Intangible Assets [Line Items] | ||
Goodwill and Intangible assets, Gross Carrying Amount | 1,324 | 1,323 |
Goodwill and Intangible assets, Accumulated Amortization | (274) | (245) |
Goodwill and Intangible assets, Net Carrying Amount | 1,050 | 1,078 |
Patents [Member] | ||
Finite-Lived Intangible Assets [Line Items] | ||
Goodwill and Intangible assets, Gross Carrying Amount | 542 | 542 |
Goodwill and Intangible assets, Accumulated Amortization | (521) | (520) |
Goodwill and Intangible assets, Net Carrying Amount | 21 | 22 |
Other Intangible Assets [Member] | ||
Finite-Lived Intangible Assets [Line Items] | ||
Goodwill and Intangible assets, Gross Carrying Amount | 372 | 372 |
Goodwill and Intangible assets, Accumulated Amortization | (294) | (285) |
Goodwill and Intangible assets, Net Carrying Amount | $ 78 | $ 87 |
Goodwill and Intangible Asset40
Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | ||
Mar. 31, 2016 | Mar. 31, 2015 | Dec. 31, 2015 | |
Finite-Lived Intangible Assets [Line Items] | |||
Amortization Of Intangible Assets | $ 70 | $ 77 | |
Goodwill | $ 10,292 | $ 10,292 |
Debt (Details)
Debt (Details) $ in Thousands | Mar. 31, 2016USD ($) |
Principal Balance | |
2,016 | $ 1,013 |
2,017 | 1,376 |
2,018 | 1,409 |
2,019 | 1,444 |
2,020 | 1,480 |
Thereafter | 2,294 |
Long-term Debt | $ 9,016 |
Debt (Details Textual)
Debt (Details Textual) $ in Millions | 1 Months Ended |
Jun. 26, 2015USD ($) | |
Line of Credit Facility [Line Items] | |
Line of Credit Facility, Interest Rate Description | LIBOR plus 2.25%. |
Nevada State Bank [Member] | |
Line of Credit Facility [Line Items] | |
Long-term Line of Credit | $ 15 |
Long-term Debt [Member] | |
Line of Credit Facility [Line Items] | |
Long-term Line of Credit | $ 10 |
Line of Credit Facility, Expiration Date | Jun. 26, 2022 |
Revolving Credit Facility [Member] | |
Line of Credit Facility [Line Items] | |
Long-term Line of Credit | $ 5 |
Line of Credit Facility, Expiration Date | Jun. 26, 2020 |
Commitments and Contingencies43
Commitments and Contingencies (Details) $ in Thousands | Mar. 31, 2016USD ($) |
Operating Leases, Future Minimum Payments | |
2,016 | $ 740 |
2,017 | 842 |
2,018 | 688 |
2,019 | 270 |
2,020 | 274 |
Thereafter | 428 |
Total | $ 3,242 |
Commitments and Contingencies44
Commitments and Contingencies (Details Textual) | 3 Months Ended |
Mar. 31, 2016USD ($) | |
Commitments and Contingencies [Line Items] | |
Operating Leases, Rent Expense, Minimum Rentals | $ 16,000 |
Accumulated Other Comprehensi45
Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2016 | Mar. 31, 2015 | |
Accumulated Other Comprehensive Income [Line Items] | ||
Foreign Currency Translation, Beginning Balance | $ (1,876) | |
Foreign Currency Translation, Other comprehensive income | 545 | $ (1,621) |
Foreign Currency Translation, Ending Balance | (1,331) | |
Unrealized Gains on Securities, Beginning Balance | 0 | |
Unrealized Gains on Securities, Other comprehensive income | 0 | |
Unrealized Gains on Securities, Ending Balance | 0 | |
Accumulated other comprehensive income, Beginning Balance | (1,876) | |
Accumulated other comprehensive income, Other comprehensive income | 545 | |
Accumulated other comprehensive income, Ending Balance | $ (1,331) |
Geographic and Product Line I46
Geographic and Product Line Information (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2016 | Mar. 31, 2015 | |
Segment Reporting Information [Line Items] | ||
Revenues | $ 16,093 | $ 18,656 |
Revenues, Percentage | 100.00% | 100.00% |
The Americas [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 12,294 | $ 12,304 |
Revenues, Percentage | 76.40% | 65.90% |
Asia-Pacific [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 2,761 | $ 5,969 |
Revenues, Percentage | 17.20% | 32.00% |
Europe and Africa [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 1,038 | $ 383 |
Revenues, Percentage | 6.40% | 2.10% |
Geographic and Product Line I47
Geographic and Product Line Information (Details 1) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2016 | Mar. 31, 2015 | |
Segment Reporting Information [Line Items] | ||
Revenues | $ 16,093 | $ 18,656 |
Revenues, Percentage | 100.00% | 100.00% |
Casino currency without RFID [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 2,808 | $ 3,079 |
Revenues, Percentage | 17.40% | 16.50% |
Casino currency with RFID [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 2,139 | $ 3,619 |
Revenues, Percentage | 13.30% | 19.40% |
Total casino currency [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 4,947 | $ 6,698 |
Revenues, Percentage | 30.70% | 35.90% |
Playing Cards [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 6,565 | $ 5,773 |
Revenues, Percentage | 40.80% | 30.90% |
Table Layouts [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 1,365 | $ 1,694 |
Revenues, Percentage | 8.50% | 9.10% |
Table Accessories and Other Products [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 1,367 | $ 1,642 |
Revenues, Percentage | 8.50% | 8.80% |
Dice [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 638 | $ 601 |
Revenues, Percentage | 4.00% | 3.20% |
Gaming Furniture [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 408 | $ 588 |
Revenues, Percentage | 2.50% | 3.20% |
RFID Solutions [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 75 | $ 860 |
Revenues, Percentage | 0.50% | 4.60% |
Shipping [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues | $ 728 | $ 800 |
Revenues, Percentage | 4.50% | 4.30% |
Geographic and Product Line I48
Geographic and Product Line Information (Details 2) - USD ($) $ in Thousands | Mar. 31, 2016 | Dec. 31, 2015 |
Segment Reporting Information [Line Items] | ||
Property and equipment, net | $ 14,431 | $ 14,102 |
United States [Member] | ||
Segment Reporting Information [Line Items] | ||
Property and equipment, net | 7,169 | 7,000 |
France [Member] | ||
Segment Reporting Information [Line Items] | ||
Property and equipment, net | 3,628 | 3,544 |
Mexico [Member] | ||
Segment Reporting Information [Line Items] | ||
Property and equipment, net | 3,283 | 3,249 |
Asia [Member] | ||
Segment Reporting Information [Line Items] | ||
Property and equipment, net | $ 351 | $ 309 |
Geographic and Product Line I49
Geographic and Product Line Information (Details 3) - USD ($) $ in Thousands | Mar. 31, 2016 | Dec. 31, 2015 |
Segment Reporting Information [Line Items] | ||
Intangible assets, net | $ 2,436 | $ 2,505 |
United States [Member] | ||
Segment Reporting Information [Line Items] | ||
Intangible assets, net | 1,948 | 2,006 |
France [Member] | ||
Segment Reporting Information [Line Items] | ||
Intangible assets, net | 0 | 2 |
Asia [Member] | ||
Segment Reporting Information [Line Items] | ||
Intangible assets, net | $ 488 | $ 497 |
Geographic and Product Line I50
Geographic and Product Line Information (Details Textual) | 3 Months Ended | |
Mar. 31, 2016 | Mar. 31, 2015 | |
Segment Reporting Information [Line Items] | ||
Revenues, Percentage | 100.00% | 100.00% |
One Casino Customer [Member] | ||
Segment Reporting Information [Line Items] | ||
Revenues, Percentage | 13.00% | 11.00% |
Earnings per Share (EPS) (Detai
Earnings per Share (EPS) (Details) - shares shares in Thousands | 3 Months Ended | |
Mar. 31, 2016 | Mar. 31, 2015 | |
Basic and Diluted Earnings Per Share [Line Items] | ||
Weighted-average number of common shares outstanding - basic | 7,929 | 7,916 |
Potential dilution from equity grants | 0 | 109 |
Weighted-average number of common shares outstanding - diluted | 7,929 | 8,025 |
Subsequent Events (Details Text
Subsequent Events (Details Textual) $ in Millions | 1 Months Ended |
Apr. 22, 2016USD ($) | |
Subsequent Event [Member] | Dolphin Products Limited [] [Member] | |
Subsequent Event [Line Items] | |
Payments to Acquire Productive Assets, Total | $ 5.9 |