FG (FGH) 10-K 7 Mar 16 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 03, 2016	Jun. 30, 2015
Document And Entity Information
Entity Registrant Name	BALLANTYNE STRONG, INC.
Entity Central Index Key	946,454
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Common Stock, Shares Outstanding		14,207,646
Entity Public Float			$ 54,561,382
Trading Symbol	BTN
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 22,070	$ 22,491
Accounts receivable (less allowance for doubtful accounts of $1,927 in 2015 and $679 in 2014)	11,359	20,266
Inventories, net	9,693	14,108
Recoverable income taxes	85	1,255
Other current assets	2,739	2,956
Total current assets	45,946	61,076
Property, plant and equipment, net	11,768	$ 13,914
Marketable securities	2,101
Equity method investments	4,001
Intangible assets, net	235	$ 1,168
Goodwill	863	1,029
Notes receivable	$ 1,669	2,985
Deferred income taxes		7,736
Other assets	$ 281	1,447
Total assets	66,864	89,355
Current liabilities:
Accounts payable	7,369	9,039
Accrued expenses	4,100	4,366
Customer deposits/deferred revenue	5,007	5,473
Income tax payable	1,291	1,009
Total current liabilities	17,767	19,887
Deferred revenue	1,288	$ 2,230
Deferred income taxes	1,716
Other accrued expenses, net of current portion	1,581	$ 1,776
Total liabilities	$ 22,352	$ 23,893
Commitments and contingencies
Stockholders' equity:
Preferred stock, par value $.01 per share; authorized 1,000 shares, none outstanding
Common stock, par value $.01 per share; authorized 25,000 shares; issued 16,925 and 16,809 shares at December 31, 2015 and December 31, 2014, respectively; 14,191 and 14,078 shares outstanding at December 31, 2015 and 2014, respectively	$ 169	$ 168
Additional paid-in capital	39,157	38,657
Accumulated other comprehensive income (loss):
Foreign currency translation	(6,229)	(2,325)
Postretirement benefit obligation	74	139
Retained earnings	29,595	47,062
Stockholders' Equity Before Treasury Stock	62,766	83,701
Less 2,734 and 2,731 of common shares in treasury, at December 31, 2015 and 2014, respectively, at cost	(18,254)	(18,239)
Total stockholders' equity	44,512	65,462
Total liabilities and stockholders' equity	$ 66,864	$ 89,355

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 1,927	$ 679
Preferred stock par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares outstanding
Common stock par value	$ 0.01	$ 0.01
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	16,925,000	16,809,000
Common stock, shares outstanding	14,191,000	14,078,000
Common shares in treasury, shares	2,734,000	2,731,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Net product sales	$ 69,250	$ 70,360	$ 88,067
Net service revenues	23,579	24,726	15,543
Total net revenues	92,829	95,086	103,610
Cost of products sold	60,358	60,106	75,171
Cost of services	14,884	16,820	11,594
Total cost of revenues	75,242	76,926	86,765
Gross profit	17,587	18,160	16,845
Selling and administrative expenses:
Selling	5,522	7,235	3,965
Administrative	16,594	12,740	12,773
Total selling and administrative expenses	22,116	19,975	16,738
Gain (loss) on sale or disposal of assets	(425)	10	(8)
Income (loss) from operations	(4,954)	(1,805)	99
Equity in income (loss) equity method investments	96	78	(25)
Other income:
Interest income	368	705	352
Interest expense	(42)	$ (48)	$ (2)
Fair value adjustment for notes receivable	(1,595)
Foreign currency transaction gain (loss)	1,612	$ 611	$ 850
Other income (expense), net	49	(10)	(323)
Total other income	392	1,258	877
Earnings (loss) before income taxes	(4,466)	(469)	951
Income tax benefit (expense)	(13,001)	465	(788)
Net earnings (loss)	$ (17,467)	$ (4)	$ 163
Basic earnings (loss) per share	$ (1.24)	$ 0	$ 0.01
Diluted earnings (loss) per share	$ (1.24)	$ 0	$ 0.01
Weighted average shares outstanding:
Basic	14,135,000	14,061,000	13,999,000
Diluted	14,135,000	14,061,000	14,031,000

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ (17,467)	$ (4)	$ 163
Adjustment to postretirement benefit obligation:
Prior service credit	(24)	(24)	302
Net actuarial loss	(41)	(27)	(158)
Total adjustment to postretirement benefit obligation	(65)	(51)	144
Currency translation adjustment:
Unrealized net change arising during period	(3,904)	(1,366)	(1,228)
Other comprehensive loss	(3,969)	(1,417)	(1,084)
Comprehensive loss	$ (21,436)	$ (1,421)	$ (921)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balance at Dec. 31, 2012	$ 167	$ 37,770	$ 46,903	$ (18,239)	$ 315	$ 66,916
Net other comprehensive loss					$ (1,084)	$ (1,084)
Issuance of 1 shares of common stock under the employees stock purchase plan
Share-based compensation expense		$ 461				$ 461
Issuance of shares of common stock under the restricted stock plans
Net income loss			$ 163			$ 163
Balance at Dec. 31, 2013	$ 167	$ 38,231	$ 47,066	$ (18,239)	$ (769)	66,456
Net other comprehensive loss					$ (1,417)	(1,417)
Share-based compensation expense		$ 427				$ 427
Issuance of shares of common stock under the restricted stock plans	$ 1	$ (1)
Net income loss			$ (4)			$ (4)
Balance at Dec. 31, 2014	$ 168	$ 38,657	$ 47,062	$ (18,239)	$ (2,186)	65,462
Net other comprehensive loss					$ (3,969)	(3,969)
Share-based compensation expense		$ 501				$ 501
Issuance of shares of common stock under the restricted stock plans	$ 1	$ (1)
Treasury share purchase of 3 shares				$ (15)		$ (15)
Net income loss			$ (17,467)			(17,467)
Balance at Dec. 31, 2015	$ 169	$ 39,157	$ 29,595	$ (18,254)	$ (6,155)	$ 44,512

Consolidated Statements of Sto7

Consolidated Statements of Stockholders' Equity (Parenthetical) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Common Stock [Member]
Issuance of common stock under the restricted stock plans, shares issued	116,000	68,000	14,000
Issuance of common stock under the employees stock purchase plan, shares issued			1,000
Treasury Stock [Member]
Treasury share purchase, shares	3,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net earnings (loss)	$ (17,467)	$ (4)	$ 163
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Provision for doubtful accounts	1,379	92	273
Provision for obsolete inventory	1,970	$ (200)	(111)
Provision for warranty	800		430
Depreciation and amortization	2,332	$ 1,924	$ 1,511
Impairment of intangibles	638
Fair value adjustment to notes receivable	1,595
Equity in (income) loss of equity method investments	(96)	$ (78)	$ 25
Unrealized gain on marketable securities	$ (118)
Gain loss on forward contracts		$ 145	$ 380
Loss on disposal or transfer of assets	$ 425	(10)	8
Deferred income taxes	9,193	(4,533)	1,339
Share-based compensation expense	501	427	461
Changes in operating assets and liabilities, net of effect of acquisitions:
Accounts receivable, unbilled and notes receivable	8,044	757	8,932
Inventories	1,893	1,149	689
Other current assets	(166)	8	1,826
Accounts payable	(1,588)	(3,732)	(4,813)
Accrued expenses	(1,477)	(1,904)	(235)
Customer deposits/deferred revenue	(1,359)	1,229	(3,327)
Current income taxes	1,620	1,145	685
Other assets	(137)	(87)	268
Net cash provided by (used in) operating activities	$ 7,982	$ (3,672)	8,504
Cash flows from investing activities:
Purchase of businesses, net of cash acquired			$ (18,810)
Purchase of equity securities	$ (5,983)
Capital expenditures	(442)	$ (1,982)	$ (529)
Proceeds from sales of assets	220	57	5
Net cash used in investing activities	(6,205)	$ (1,925)	$ (19,334)
Cash flows from financing activities:
Purchase of treasury stock	$ (15)
Proceeds from employee stock purchase plan			$ 4
Payments on capital lease obligations	$ (200)	$ (14)
Excess tax benefits from share-based arrangements	12	(7)	$ 16
Net cash provided by (used in) financing activities	(203)	(21)	20
Effect of exchange rate changes on cash and cash equivalents	(1,995)	(682)	(567)
Net decrease in cash and cash equivalents	(421)	(6,300)	(11,377)
Cash and cash equivalents at beginning of year	22,491	28,791	40,168
Cash and cash equivalents at end of year	22,070	22,491	28,791
Supplemental disclosure of cash paid for:
Interest	45	34	27
Income Taxes	2,272	1,724	$ 961
Supplemental disclosure of non-cash investing and financing activities:
Capital lease obligations for property and equipment	$ 752	$ 310

Basics of Presentation

Basics of Presentation	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	1. Basis of Presentation Business Description Ballantyne Strong, Inc. (“Ballantyne” or the “Company”), a Delaware corporation, and its wholly owned subsidiaries Strong Westrex, Inc., Strong Technical Services, Inc., Strong/MDI Screen Systems, Inc., Strong Westrex (Beijing) Technology Inc., Convergent Corporation and Convergent Media Systems Corporation (“Convergent” or “CMS”) designs, integrates, and installs technology solutions for a broad range of applications; develops and delivers out-of-home messaging, advertising and communications; manufactures projection screens; and provides managed services including monitoring of networked equipment to our customers. The Company’s products are distributed to the retail, financial, government and cinema markets throughout the world. Principles of Consolidation The consolidated financial statements include the accounts of the Company and all majority owned and controlled domestic and foreign subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Use of Management Estimates The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results and changes in facts and circumstances may alter such estimates and affect results of operations and financial position in future periods.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Revenue Recognition The Company recognizes revenue when all of the following circumstances are satisfied: ● Persuasive evidence of an arrangement exists; ● Delivery has occurred or services have been rendered; ● The seller’s price to the buyer is fixed or determinable; ● Collectability is reasonably assured. The Company recognizes revenue when these criteria have been met and when title and risk of loss transfers to the customer. If an arrangement involves multiple deliverables, the items are considered separate units of accounting if the items have value on a stand-alone basis and there is objective and reliable evidence of their fair values. Revenues from the arrangement are allocated to the separate units of accounting based on their objectively determined fair value. For services, revenue is recognized when the services have been rendered. Revenues from service and support contracts are deferred and recognized as earned ratably over the service coverage periods. Unbilled revenue represents revenue recognized in accordance with the Company’s revenue recognition policy for which the invoice had not been processed and sent to the customer. Revenue is generally recognized upon shipment of the product; however, there are certain instances where revenue is deferred and recognized upon delivery or customer acceptance of the product as the Company legally retains the risk of loss on these transactions until such time. Estimates used in the recognition of revenues and cost of revenues include, but are not limited to, estimates for product warranties, price allowances and product returns. Costs related to revenues are recognized in the same period in which the specific revenues are recorded. Shipping and handling fees billed to customers are reported in revenue. Shipping and handling costs incurred by the Company are included in cost of sales. Estimates used in the recognition of revenues and cost of revenues include, but are not limited to, estimates for product warranties, price allowances and product returns. Cash and Cash Equivalents All short-term, highly liquid financial instruments are classified as cash equivalents in the consolidated balance sheets and statements of cash flows. Generally, these instruments have maturities of three months or less from date of purchase. Marketable Securities The Company’s marketable securities are comprised of investments in the common stock of a publicly traded company. Changes in fair value, based on the market price of the investee’s stock are recognized currently in other income in the consolidated statement of operations. The Company has elected the fair value option to account for the investment to more appropriately recognize the value of this investment in our consolidated financial statements. Marketable securities at fair value were as follows: December 31, 2015 Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (in thousands) Marketable securities $ 1,983 $ 118 $ — $ 2,101 Equity Method Investments In December 2015, the Company acquired 7.8% ownership in RELM Wireless Corp, (RELM) for $4.0 million. RELM is a publicly traded company that designs, manufactures and markets two-way land mobile radios, repeaters, base stations, and related components and subsystems. The Company’s Chief Executive Officer is member of the board of directors of RELM, and controls entities that, when combined with the Company’s ownership in RELM, own greater than 20% of RELM, providing the Company with significant influence over RELM, but not controlling interest. As a result of this significant influence, the Company accounts for its investment in RELM under the equity method. The Company’s carrying value for RELM was $4.0 million as of December 31, 2015 and the Company’s equity in earnings of RELM were not significant in 2015. Based on quoted market prices, the market value of the Company’s ownership in RELM was $4.2 million at December 31, 2015. The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. The Company did not record any impairments related to its investments in 2015, 2014, or 2013. Accounts, Financing and Notes Receivable Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company determines the allowance for doubtful accounts based on several factors, including overall customer credit quality, historical write-off experience and a specific analysis that projects the ultimate collectability of the account. As such, these factors may change over time causing the reserve level and bad debt expense to adjust accordingly. Beginning in October 1, 2013, with our acquisition of CMS in our digital media segment, sales-type lease revenue arrangements are included in services revenue in the Consolidated Statements of Operations. The arrangements are primarily related to sales of digital displays and have original lease terms ranging from 3 to 5 years. For sales-type/finance leases, the Company records an asset at lease inception. This asset is recorded at the aggregate future minimum lease payments, estimated residual value of the leased equipment, and deferred incremental direct costs less unearned income. Income is recognized over the life of the lease to approximate a level rate of return on the net investment. Residual values, which are reviewed periodically, represent the estimated amount that the Company expects to receive at lease termination from the disposition of the leased equipment. Actual residual values realized could differ from these estimates. Declines in estimated residual value that are deemed other-than-temporary are recognized in the period in which the declines occur. The Company performs ongoing credit evaluations and provides an allowance for potential credit losses against the portion of financing receivables which is estimated to be uncollectible based on historical experience, current economic conditions, and management’s evaluation of outstanding financing receivables. These factors may change over time causing the reserve level to adjust accordingly. There is currently no allowance for credit losses as management believes the entire balance will be collectible. The effective rate on these is 3.25%. Notes receivable are recorded at estimated fair value at December 31, 2015 and accrue interest at 15%. The Company estimates allowances for doubtful accounts based on the Company’s best estimates of the amount of probable credit losses pertaining to the notes receivables, based on ongoing monitoring of the counterparty’s financial position and results of operations. Past due accounts are written off for accounts, financing and notes receivable when our efforts have been unsuccessful in collecting amounts due. Inventories Inventories are stated at the lower of cost (first-in, first-out) or market and include appropriate elements of material, labor and manufacturing overhead. Inventory balances are net of reserves of slow moving or obsolete inventory based on management’s review of inventories on hand compared to estimated future usage and sales, technological changes and product pricing. Digital projection equipment is provided to potential customers for consignment and demonstration purposes under customer use agreements. Revenues are subsequently recorded in accordance with the Company’s normal revenue recognition policies. Consignment inventory is reviewed for impairment by comparing the inventory to the estimated future usage and sales. Digital equipment on consignment amounted to approximately $0.1 million and $0.3 million at December 31, 2015 and 2014, respectively. Business Combinations The Company uses the acquisition method in accounting for acquired businesses. Under the acquisition method, the financial statements reflect the operations of an acquired business starting from the completion of the acquisition. The assets acquired and liabilities assumed are recorded at their respective estimated fair values at the date of the acquisition. Any excess of the purchase price over the estimated fair values of the identifiable net assets acquired is recorded as goodwill. Significant judgment is often required in estimating the fair value of assets acquired, particularly intangible assets. As a result, in the case of significant acquisitions the Company normally obtains the assistance of third-party valuation specialists in estimating fair values of tangible and intangible assets. The fair value estimates are based on available historical information and on expectations and assumptions about the future, considering the perspective of marketplace participants. While management believes those expectations and assumptions are reasonable, they are inherently uncertain. Unanticipated market or macroeconomic events and circumstances may occur, which could affect the accuracy or validity of the estimates and assumptions. Intangible Assets The Company’s amortizable intangibles consist of trademarks, customer relationships, software and product formulation. The Company evaluates its intangible assets for impairment when there is evidence that events or circumstances indicate that the carrying amount of these assets may not be recoverable. Intangible assets with definite lives are amortized over their respective estimated useful lives to their estimated residual values. Significant judgments and assumptions are required in the impairment evaluations. See footnote 7 for further information regarding impairment on intangible assets taken in 2015. Goodwill Goodwill is not amortized and is tested for impairment at least annually, or whenever events or changes in circumstances indicate the carrying amount of the asset may be impaired. Significant judgment is involved in determining if an indicator of impairment has occurred. The Company may consider indicators such as deterioration in general economic conditions, adverse changes in the markets in which the reporting unit operates, increases in input costs that have negative effects on earnings and cash flows, or a trend of negative or declining cash flows over multiple periods, among others. The fair value that could be realized in an actual transaction may differ from that used to evaluate the impairment of goodwill. The Company may first review for goodwill impairment by assessing qualitative factors to determine whether any impairment may exist. If the Company believes, as a result of the qualitative assessment, that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, a quantitative two-step test is required; otherwise, no further testing is required. However, the Company also may elect not to perform the qualitative assessment and, instead, proceed directly to the quantitative impairment test. Under the first step of the quantitative test, the fair value of each reporting unit is compared with its carrying value (including goodwill). If the fair value of the reporting unit exceeds its carrying value, step two is not performed. If the fair value of the reporting unit is less than its carrying value, an indication of goodwill impairment exists for the reporting unit and step two of the quantitative impairment test (measurement) is performed. Under step two, an impairment loss is recognized for any excess of the carrying amount of the reporting unit’s goodwill over the fair value of that goodwill. The fair value of goodwill is determined by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation and the residual fair value after this allocation is the fair value of the reporting unit goodwill. Goodwill at December 31, 2015 was recorded in connection with the acquisition of Peintures Elite, Inc. in 2013. A qualitative assessment was performed for the year ended December 31, 2015 and it was determined no events had occurred since the acquisition that would indicate an impairment was more likely than not. Property, Plant and Equipment Significant expenditures for the replacement or expansion of property, plant and equipment are capitalized. Depreciation of property, plant and equipment is provided over the estimated useful lives of the respective assets using the straight-line method. For financial reporting purposes, assets are depreciated over the estimated useful lives of 20 years for buildings and improvements, life of the related lease for leasehold improvements, 3 to 10 years for machinery and equipment, 7 years for furniture and fixtures and 3 years for computers and accessories. The Company generally uses accelerated methods of depreciation for income tax purposes. The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The recoverability of property, plant and equipment is based on management’s estimates of future undiscounted cash flows and these estimates may vary due to a number of factors, some of which may be outside of management’s control. To the extent that the Company is unable to achieve management’s forecasts of future income, it may become necessary to record impairment losses for any excess of the net book value of property, plant and equipment over their fair value. The Company did not record any impairments related to property, plant and equipment in 2015, 2014, or 2013. The Company incurs maintenance costs on all of its major equipment. Repair and maintenance costs are expensed as incurred. Income Taxes Income taxes are accounted for under the asset and liability method. The Company uses an estimate of its annual effective rate at each interim period based on the facts and circumstances at the time while the actual effective rate is calculated at year-end. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. In assessing whether the deferred tax assets are realizable management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company’s uncertain tax positions are evaluated in a two-step process, whereby 1) the Company determines whether it is more likely than not that the tax positions will be sustained based on the technical merits of the position and 2) for those tax positions that meet the more likely than not recognition threshold, the Company would recognize the largest amount of tax benefit that is greater than fifty percent likely to be realized upon ultimate settlement with the related tax authority. The Company accrues interest and penalties related to uncertain tax positions in the statements of income as income tax expense. Other Taxes Sales taxes assessed by governmental authorities including sales, use, and excise taxes are on a net basis and therefore the presentation of these taxes is excluded from revenues and is shown as a liability on the balance sheet until remitted to the appropriate taxing authorities. Research and Development Research and development related costs are charged to operations in the period incurred. Such costs amounted to approximately $0.1 million, $0.2 million and $0.1 million for the years ended December 31, 2015, 2014 and 2013, respectively. Advertising Costs Advertising and promotional costs are expensed as incurred and amounted to approximately $0.6 million, $0.5 million and $0.5 million for the years ended December 31, 2015, 2014 and 2013, respectively. Fair Value of Financial and Derivative Instruments The Company follows the Financial Accounting Standards Board (FASB) issued authoritative guidance, which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. As defined in the FASB guidance, 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. The FASB guidance establishes a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. Inputs refers broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. The categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities carried at fair value will be classified and disclosed in one of the following three categories: ● Level 1 — inputs to the valuation techniques are quoted prices in active markets for identical assets or liabilities ● Level 2 — inputs to the valuation techniques are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly ● Level 3 — inputs to the valuation techniques are unobservable for the assets or liabilities The following tables present the Company’s financial assets and liabilities measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements fall, as of December 31, 2015 and 2014. Fair Values Measured on a Recurring Basis at December 31, 2015: Level 1 Level 2 Level 3 Total (in thousands) Cash and cash equivalents $ 22,070 $ — $ — $ 22,070 Marketable securities $ 2,101 $ — $ — $ 2,101 Notes receivable $ — $ — $ 1,669 $ 1,669 Fair Values Measured on a Recurring Basis at December 31, 2014: Level 1 Level 2 Level 3 Total (in thousands) Cash and cash equivalents $ 22,491 $ — $ — $ 22,491 Notes receivable $ — $ — $ 2,985 $ 2,985 Quantitative information about the Company’s level 3 fair value measurements at December 31, 2015 is set forth below: $ in thousands Fair Value Valuation Technique Unobservable input Range Note receivable $ 1,669 Discounted cash flow Probability of default 55 % Discount rate 18 % The notes receivable are recorded at estimated fair value at December 31, 2015 and accrue interest at a rate of 15% per annum. During 2015, new information became available regarding the ability of the debtor to repay the interest on the notes receivable, which caused the Company to change the probability of default used in the discounted cash flow valuation from 0% to 55%. This resulted in a reduction to the fair value of notes receivable of $1.6 million during the year ended December 31, 2015. The significant unobservable inputs used in the fair value measurement of the Company’s note receivable are discount rate and probability of default. Significant increases (decreases) in any of these inputs in isolation would result in a significantly lower (higher) fair value measurement. The following table reconciles the beginning and ending balance of the Company’s notes receivable fair value: 2015 2014 (in thousands) Notes receivable balance, beginning of period $ 2,985 $ 2,497 Interest income accrued 279 488 Fair value adjustment (1,595 ) — Notes receivable balance, end of period $ 1,669 $ 2,985 The carrying values of all other financial assets and liabilities including accounts receivable, accounts payable and accrued expenses reported in the consolidated balance sheets equal or approximate their fair values due to the short-term nature of these instruments. All non-financial assets that are not recognized or disclosed at fair value in the financial statements on a recurring basis, which includes non-financial long-lived assets, are measured at fair value in certain circumstances (for example, when there is evidence of impairment). During 2015, the Company did not have any significant non-recurring measurements of non-financial assets or liabilities. Based on quoted market prices, the market value of the Company’s equity method investment was $4.2 million at December 31, 2015. Earnings (Loss) Per Common Share Basic earnings per share have been computed on the basis of the weighted average number of shares of common stock outstanding. Diluted earnings per share has been computed on the basis of the weighted average number of shares of common stock outstanding after giving effect to potential common shares from dilutive stock options and certain non-vested shares of restricted stock. The following table provides reconciliation between basic and diluted earnings per share: 2015 2014 2013 (in thousands, except per share amounts) Basic earnings (loss) per share: Earnings (loss) applicable to common stock $ (17,467 ) $ (4 ) $ 163 Weighted average common shares outstanding 14,135 14,061 13,999 Basic earnings (loss) per share $ (1.24 ) $ 0.00 $ 0.01 Diluted earnings per share: Earnings (loss) applicable to common stock $ (17,467 ) $ (4 ) $ 163 Weighted average common shares outstanding 14,135 14,061 13,999 Assuming conversion of options and restricted stock awards outstanding — — 32 Weighted average common shares outstanding, as adjusted 14,135 14,061 14,031 Diluted earnings (loss) per share $ (1.24 ) $ 0.00 $ 0.01 Grants and options to purchase 419,025, 181,500 and 291,000 shares of common stock were outstanding as of December 31, 2015, 2014 and 2013, respectively, but were not included in the computation of diluted earnings per share as the option’s exercise price was greater than the average market price of the common shares for the respective periods. An additional 126,148 and 141,936 options and restricted stock units were excluded for the year ended December 31, 2015 and 2014, respectively, as their inclusion would be anti-dilutive, thereby decreasing the net loss per share. Stock Compensation Plans The Company recognizes compensation expense for all share-based payment awards made to employees and directors based on estimated values on the date of grant. The Company uses the straight-line amortization method over the vesting period of the awards. The Company has historically issued shares upon exercise of stock options or vesting of restricted stock from new stock issuances. The Company estimates the fair value of restricted stock awards based upon the market price of the underlying common stock on the date of grant. The fair value of stock options granted is calculated using the Black-Scholes option pricing model. No share-based compensation cost was capitalized as a part of inventory as of December 31, 2015 and 2014. Post-Retirement Benefits The Company recognizes the overfunded or underfunded position of a defined benefit postretirement plan as an asset or liability in the balance sheet, measures the plan’s assets and its obligations that determine its funded status as of December 31, 2015 and recognizes the changes in the funded status through comprehensive income (loss) in the year in which the changes occur. Foreign Currency Translation For foreign subsidiaries, the environment in which the business conducts operations is considered the functional currency, generally the local currency. The assets and liabilities of foreign subsidiaries are translated into the United States dollar at the foreign exchange rates in effect at the end of the period. Revenue and expenses of foreign subsidiaries are translated using an average of the foreign exchange rates in effect during the period. Translation adjustments are not included in determining net earnings but are presented in comprehensive income (loss) within the consolidated statements of comprehensive income. Transaction gains and losses that arise from foreign exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the consolidated statement of operations as incurred. Undistributed earnings of the Company’s foreign subsidiaries totaling $22.0 million are considered to not be permanently reinvested and the applicable portion of accumulated other comprehensive income (loss) has been tax effected. The components of accumulated other comprehensive income (loss) related to the earnings of foreign subsidiaries that are considered to be indefinitely reinvested have not been tax effected. Warranty Reserves Historically, the Company has generally granted a warranty to its customers for a one-year period following the sale of manufactured film projection equipment and on selected repaired equipment for a one-year period. In most instances, the digital products are covered by the manufacturing firm’s OEM warranty; however, there are certain customers where the Company may grant warranties in excess of the manufacturer’s warranty for digital products. The Company accrues for these costs at the time of sale. The following table summarizes warranty activity for the three years ended December 31, 2015. 2015 2014 2013 (in thousands) Warranty accrual at beginning of period $ 423 $ 662 $ 770 Charged to expense 535 332 349 Amounts written off, net of recoveries (611 ) (559 ) (473 ) Foreign currency translation adjustment (37 ) (12 ) 16 Warranty accrual at end of period $ 310 $ 423 $ 662 Contingencies The Company accrues for contingencies when its assessments indicate that it is probable that a liability has been incurred and an amount can be reasonably estimated. The Company’s estimates are based on currently available facts and its estimates of the ultimate outcome or resolution. Actual results may differ from the Company’s estimates resulting in an impact, positive or negative, on earnings. Recently Issued Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The guidance is effective for the Company beginning January 1, 2018. An entity may adopt this ASU either retrospectively or through a cumulative effect adjustment as of the start of the first period for which it applies the ASU. Early adoption is not permitted. The Company is currently evaluating the potential impact of adopting this guidance and has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting. In July 2015, the FASB issued Accounting Standards Update No. 2015-11, “Simplifying the Measurement of Inventory” (“ASU 2015-11”). ASU 2015-11 requires an entity utilizing the FIFO inventory method to change their measurement principle for inventory changes from the lower of cost or market to lower of cost and net realizable value. The guidance is effective for the Company beginning January 1, 2017. An entity must adopt this ASU prospectively and early adoption is permitted. The Company is currently evaluating the potential impact of adopting this guidance and has not determined the effect of the standard on its ongoing financial reporting. In November 2015, the FASB issued ASU No. 2015-17, “Balance Sheet Classification of Deferred Taxes” (“ASU 2015-17”). The standard amends the current requirement for organizations to present deferred tax liabilities and assets as current and noncurrent in a classified balance sheet. Instead, organizations will now be required to classify all deferred tax assets and liabilities as noncurrent. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in this update. The ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, with early adoption permitted. ASU 2015-17 may be either applied prospectively to all deferred tax assets and liabilities or retrospectively to all periods presented. The Company adopted ASU 2015-17 retrospectively effective December 31, 2015 and reclassified $3.5 million of current deferred tax assets to noncurrent deferred tax assets and netted $0.7 million of long term deferred tax liabilities with noncurrent deferred tax assets on the December 31, 2014 consolidated balance sheet. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments - Overall: Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”). ASU 2016-01 requires equity investments that do not result in consolidation and are not accounted under the equity method to be measured at fair value with changes in fair value recognized in net income; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets on the balance sheet or the accompanying notes to the financial statements; clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets and modifies certain fair value disclosure requirements. ASU 2016-01 is effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is not permitted. The adoption of ASU 2016-01 is not expected to have a material effect on the Company’s consolidated financial statements.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Acquisitions	3. Acquisitions On September 13, 2013, the Company acquired Peintures Elite, Inc. (“Elite”) for $1.7 million in cash. Elite is a manufacturer of paint and lacquer products and has been the primary provider of paint for our screen manufacturing business. Approximately $1.2 million of the purchase price was allocated to goodwill and $0.6 million was allocated to amortizable other intangibles. This business is included within the cinema segment. The amounts allocated to goodwill were primarily attributable to anticipated synergies and other intangibles that do not qualify for separate recognition. On October 1, 2013, the Company acquired CMS. CMS was acquired from Sony Electronics, Inc. for approximately $17.4 million in cash, which was the purchase price of $16.0 million adjusted for cash on hand in Canada of $0.4 million and working capital variance based upon CMS’s targeted working capital. CMS provides digital technologies for out-of-home messaging, advertising and communication (the DOOH market) and EVS, which provides enterprises with the infrastructure necessary for communication, collaboration, training and education of employees. CMS is included within the digital media segment and operates from its offices in the United States and Canada and has customers in North America. The following table summarizes the fair value of the assets acquired and liabilities assumed at the acquisition date. Amount of Identified Assets Acquired and Liabilities Assumed (in thousands) Current Assets $ 10,987 Property and equipment 4,989 Other Assets 3,686 Software 233 Goodwill — Total acquired assets 19,895 Current liabilities 2,336 Long-term liabilities 137 Total liabilities assumed 2,473 Net assets acquired $ 17,422 The company recorded no goodwill as part of this transaction. The identifiable intangible assets are non-deductible for tax purposes. The consolidated financial statements as of December 31, 2015, 2014, and 2013 and for the year then ended included amounts acquired from, as well as the results of operations of, CMS from October 1, 2013, forward. Results of operations for the year ended December 31, 2013, include revenue of $7.1 million and an operating loss of $1.0 million attributable to CMS since its acquisition. Results of operations related to the acquisition of Elite were negligible for the year ended December 31, 2013. Acquisition-related costs included in selling, general and administrative expenses for the year ended December 31, 2013 approximated $0.6 million. The following unaudited pro forma information for the Company has been prepared as if the acquisitions of Elite and CMS had occurred on January 1, 2012. The information is based on the historical results of the separate companies and may not necessarily be indicative of the results that could have been achieved or of results that may occur in the future. The pro forma adjustments include the impact of depreciation and amortization of property and equipment and intangible assets acquired, interest expense on the acquisition debt and income tax benefits for tax effects of the foregoing adjustments to depreciation, amortization and interest expense. 2013 Revenue $ 129,737 Net income (loss) $ 1,041 Net income (loss) per share – basic $ 0.07 Net income (loss) per share – diluted $ 0.07

Inventories

Inventories	12 Months Ended
	Dec. 31, 2015
Inventory Disclosure [Abstract]
Inventories	4. Inventories Inventories consist of the following: December 31, 2015 December 31, 2014 (in thousands) Raw materials and components $ 1,351 $ 2,281 Work in process 190 632 Finished goods 8,152 11,195 $ 9,693 $ 14,108 The inventory balances are net of reserves of approximately $2.0 million and $2.3 million as of December 31, 2015 and 2014, respectively.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	5. Property, Plant and Equipment Property, plant and equipment include the following: December 31, 2015 December 31, 2014 (in thousands) Land $ 1,596 $ 1,605 Buildings and improvements 8,989 10,203 Machinery and equipment 3,757 4,227 Office furniture and fixtures 4,153 3,713 Total properties cost 18,495 19,748 Less accumulated depreciation (6,727 ) (5,834 ) Net property, plant and equipment $ 11,768 $ 13,914 Depreciation expense approximated $2.1 million, $1.7 million and $1.4 million for the years ended December 31, 2015, 2014 and 2013, respectively.

Restructuring Activities

Restructuring Activities	12 Months Ended
	Dec. 31, 2015
Restructuring and Related Activities [Abstract]
Restructuring Activities	6. Restructuring Activities 2015 Corporate-wide strategic initiative In connection with its strategic planning process, as well as the Company’s ongoing plans to improve efficiency and effectiveness of its operations, the Company initiated plans in the second quarter of 2015 to reduce headcount and more efficiently utilize real estate assets. Included in administrative expenses for year ended December 31, 2015, are $0.6 million and $0.2 million of severance and lease termination costs the Company expects to incur as part of this restructuring plan. The Company expects that the strategic initiative will be completed in the third quarter of 2016. 2013 Convergent Related Restructuring In connection with the integration of the 2013 CMS acquisition, as well as the Company’s ongoing plans to improve efficiency and effectiveness of its operations, the Company initiated plans in the fourth quarter of 2013 to reduce headcount and move the Company’s warehouse from Omaha, Nebraska to Georgia. In 2013, the Company recorded $1.5 million in severance costs it expected to incur as part of the integration of CMS and for site closure of the Omaha warehouse. The restructuring initiative was completed during the first quarter of 2015. 2011 Corporate-wide strategic initiative In the fourth quarter of 2011, the Board of Directors and management of the Company approved a corporate-wide strategic initiative to refocus its worldwide digital equipment distribution business, services platform and cinema screen manufacturing business and exit the analog projector manufacturing business. The strategic initiative consisted of selling the Company’s Omaha, Nebraska-based analog projector facility and manufacturing equipment and relocating its corporate headquarters to a new, smaller location in Omaha, which also houses its Network Operations Center. Aggregate severance charges for the strategic initiative that began in 2011 are approximately $1.4 million. The strategic initiative was completed in the fourth quarter of 2013. The following reconciles the activity in the restructuring related severance accruals for the years ended December 31, 2015, 2014, and 2013, which are included in accrued expenses: 2015 Strategic Initiative 2013 Convergent related restructuring 2011 Corporate-wide Strategic Initiative Total Restructuring (in thousands) Balance, restructuring liability at December 31, 2012 $ — $ — $ 88 $ 88 Severance expense included in administrative expenses — 1,417 — 1,417 Site closure costs included in administrative expenses — 58 — 58 Severance paid — (579 ) (88 ) (667 ) Balance, restructuring liability at December 31, 2013 — 896 — 896 Severance paid — (709 ) — (709 ) Balance, restructuring liability at December 31, 2014 — 187 — 187 Lease termination expense 219 — — 219 Lease termination paid (219 ) — — (219 ) Severance expense 559 — — 559 Severance paid (486 ) (187 ) — (673 ) Balance, restructuring liability at December 31, 2015 73 $ — $ — $ 73

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	7. Intangible Assets Intangible assets consisted of the following at December 31, 2015: Useful life Gross Accumulated amortization Net (Years) (in thousands) Intangible assets subject to amortization: Product formulation 10 440 (205 ) 235 Intangible assets consisted of the following at December 31, 2014: Useful life Gross Accumulated amortization Net (Years) (in thousands) Intangible assets subject to amortization: Customer relationships 4-9 $ 1,556 $ (1,538 ) $ 18 Software 3 905 (144 ) 761 Software in development 3 16 — 16 Product formulation 10 526 (153 ) 373 Total $ 3,003 $ (1,835 ) $ 1,168 Intangible assets, other than goodwill, with definitive lives are amortized over their useful lives. The Company recorded amortization expense relating to other identifiable intangible assets of $0.3 million, $0.3 million and $0.1 million during each of the years ended December 31, 2015, 2014 and 2013, respectively. During 2015, the Company determined that the future undiscounted cash flows from the software intangibles were significantly less than carrying amount of the software intangibles and recorded an impairment charge of $0.6 million for these intangibles to measure them at their fair value. During 2015, gross intangibles were reduced by $0.9 million due to this impairment. Any other change in the cost and accumulated amortization of the identifiable assets was due to certain intangibles recorded in a foreign currency and therefore affected by fluctuations in the exchange rate. The following table shows the Company’s estimated future amortization expense related to intangible assets for the next five years. Amount (in thousands) 2016 $ 62 2017 51 2018 41 2019 30 2020 21 Thereafter 30

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	8. Goodwill All of the Company’s goodwill is related to the Cinema segment. The following represents a summary of changes in the Company’s carrying amount of goodwill (in thousands): Balance as of December 31, 2013 $ 1,123 Foreign currency translation (94 ) Balance as of December 31, 2014 $ 1,029 Foreign currency translation (166 ) Balance as of December 31, 2015 $ 863

Accrued Expenses

Accrued Expenses	12 Months Ended
	Dec. 31, 2015
Payables and Accruals [Abstract]
Accrued Expenses	9. Accrued Expenses The major components of current accrued expenses are as follows: December 31, 2015 December 31, 2014 (in thousands) Employee related $ 1,526 $ 1,797 Legal and professional fees 158 265 Lease expenses 281 86 Warranty obligation 310 423 Joint venture excess distributions 502 596 Interest and taxes 644 575 Post-retirement benefit obligation 27 17 Severance and benefits 245 303 Other 407 304 Total $ 4,100 $ 4,366 The major components of long-term accrued expenses are as follows: December 31, 2015 December 31, 2014 (in thousands) Post-retirement benefit obligation $ 318 $ 213 Employee related — 353 Rent and leasehold improvements 1,263 1,184 Other — 26 Total $ 1,581 $ 1,776

Debt

Debt	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Debt	10. Debt The Company was party to a $20 million Revolving Credit Agreement and Note (collectively, the “Credit Agreement”) with Wells Fargo Bank, N.A. (“Wells Fargo”). The Credit Agreement expired June 30, 2015. Since inception of the agreement, no amounts had been borrowed on the Credit Agreement.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	11. Income Taxes Income (loss) before income taxes consists of: 2015 2014 2013 (in thousands) United States $ (16,630 ) $ (9,774 ) $ (5,916 ) Foreign 12,164 9,305 6,867 $ (4,466 ) $ (469 ) $ 951 Income tax expense (benefit) attributable to income from continuing operations consists of: 2015 2014 2013 (in thousands) Federal: Current $ 1,538 $ 592 $ 218 Deferred 7,348 (3,333 ) (1,141 ) Total 8,886 (2,741 ) (923 ) State: Current (1,301 ) 316 (62 ) Deferred 635 (589 ) (86 ) Total (666 ) (273 ) (148 ) Foreign: Current 3,597 3,196 1,661 Deferred 1,184 (647 ) 198 Total 4,781 2,549 1,859 $ 13,001 $ (465 ) $ 788 Income tax expense attributable to income (loss) from continuing operations differed from the amounts computed by applying the U.S. Federal income tax rate to pretax income from continuing operations as follows: 2015 2014 2013 Amount % Amount % Amount % (in thousands) Expected federal income tax expense (benefit) $ (1,519 ) (34.0 ) $ (160 ) (34.0 ) $ 323 34.0 State income taxes, net of federal benefit (333 ) (7.4 ) (153 ) (32.5 ) (88 ) (9.3 ) Foreign tax rates varying from 34% (830 ) (18.6 ) (623 ) (132.7 ) (489 ) (51.4 ) Change in foreign reinvestment strategy 6,650 148.9 429 91.4 1,038 109.2 Valuation allowance 9,081 203.3 — — — — Other (48 ) (1.1 ) 42 8.7 4 0.4 Total $ (13,001 ) (291.1 ) $ (465 ) (99.1 ) $ 788 82.9 Deferred tax assets and liabilities were comprised of the following: December 31, 2015 2014 Deferred tax assets: (in thousands) Deferred revenue $ 1,567 $ 2,028 Non-deductible accruals 330 528 Inventory reserves 550 768 Stock compensation expense 215 289 Warranty reserves 107 130 Uncollectible receivable reserves 608 231 Accrued group health insurance claims 137 120 Restructuring reserves 89 111 Net operating losses 6,995 646 Fair value adjustment to notes receivable 637 — Foreign tax credits 2,867 2,854 Depreciation and amortization 448 707 Accumulated other comprehensive income 1,745 276 Other (11 ) 8 Net deferred tax assets 16,284 8,696 Valuation allowance (9,081 ) — Net deferred tax assets after valuation allowance 7,203 8,696 Deferred tax liabilities: Depreciation and amortization 494 444 Equity in income (loss) of equity method investments (47 ) (51 ) Intangibles — 238 Cash repatriation 8,472 329 Net deferred tax liabilities 8,919 960 Net deferred tax assets (liabilities) $ (1,716 ) $ 7,736 In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income. The Company considers the scheduled reversal of taxable temporary differences, projected future taxable income and tax planning strategies in making this assessment. A cumulative loss in a particular tax jurisdiction in recent years is a significant piece of evidence with respect to the realizability that is difficult to overcome. Based on the available objective evidence including recent updates to the taxing jurisdictions generating income, the Company concluded that a valuation allowance of $9.1 million should be recorded against the Company’s U.S. and China tax jurisdiction deferred tax assets as of December 31, 2015. No valuation allowance was recorded in 2014. The tax effect of the Company’s net operating loss carryforwards for Federal and state tax purposes total approximately $6.7 million at December 31, 2015, expiring at various times in 2023 through 2025, and $0.3 million in China at December 31, 2015, expiring at various times beginning 2018 through 2019. The Company has foreign tax credit carryforwards of approximately $2.9 million at December 31, 2015 that expire in 2024. The Company has recorded income taxes of $8.5 million on accumulated but undistributed earnings for foreign subsidiaries aggregating approximately $20.8 million at December 31, 2015 resulting in a deferred tax liability of $8.5 million. These earnings are not considered permanently reinvested in the business and will be transferred to the United States as required by business needs. The Company currently has an exam initiated for Federal purposes for the 2011 fiscal year. The Company has examinations not yet initiated for Federal purposes for fiscal years 2012, 2013 and 2014. In most cases, the Company has examinations open for state or local jurisdictions based on the particular jurisdiction’s statute of limitations. Estimated amounts related to underpayment of income taxes, including interest and penalties, are classified as a component of tax expense in the consolidated statements of operations and were not material for the years ended December 31, 2015, 2014 and 2013. Amounts accrued for estimated underpayment of income taxes were zero as of December 31, 2015 and December 31, 2014.

Financing Receivable

Financing Receivable	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Financing Receivable	12. Financing Receivable The following table presents sales-type lease receivables. December 31, 2015 December 31, 2014 (in thousands) Investment in sales-type leases Current $ 1,185 $ 1,372 Noncurrent 198 1,383 At December 31, 2015 and 2014, there are no sales-type lease receivables that are past due. Scheduled maturities of minimum lease payments outstanding at December 31, 2015, are as follows: Years ending: Scheduled Payments (in thousands) December 31, 2016 $ 1,185 December 31, 2017 198 Total $ 1,383

Notes Receivable

Notes Receivable	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Notes Receivable	13. Notes Receivable During 2011, the Company entered into certain unsecured notes receivable arrangements with CDF2 Holdings, LLC pertaining to the sale and installation of digital projection equipment. The notes receivable accrue interest at a rate of 15% per annum, which is to be paid in accordance with an agreed-upon cash flow schedule, as defined. Interest not paid in any particular year is added to the principal and accrues interest at 15%. The Company has recorded the notes receivable at their fair value. See note 2 for additional information on the fair value of the notes.

Deferred Revenue

Deferred Revenue	12 Months Ended
	Dec. 31, 2015
Deferred Revenue Disclosure [Abstract]
Deferred Revenue	14. Deferred Revenue The Company deferred revenue associated with extended warranties provided to a third party exhibitor in 2011. The Company expects to recognize $0.9 million of the revenue in 2016 and the remainder no earlier than 2022 when all conditions of revenue recognition have been met. The following summarizes the amounts included in deferred revenue related to extended warranties. December 31, 2015 December 31, 2014 (in thousands) Extended warranty deferrals expected to be recognized within one year $ 895 $ 715 Extended warranty deferrals expected to be recognized after one year 1,108 2,003 Total revenue deferred for extended warranty $ 2,003 $ 2,718

Stock Compensation

Stock Compensation	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Compensation	15. Stock Compensation The Company recognizes compensation expense for all share-based payment awards made to employees and directors based on estimated fair values. Share-based compensation expense included in selling and administrative expenses approximates the following: 2015 2014 2013 (in thousands) Share based compensation expense $ 501 $ 427 $ 461 Long-Term Incentive Plan The Company’s 2010 Long-Term Incentive Plan (“2010 Plan”) provides the Compensation Committee of the Board of Directors with the discretion to grant stock options, stock appreciation rights, restricted shares, restricted stock units, performance shares, or performance units. Vesting terms vary with each grant and may be subject to vesting upon a “change in control” of the Company. The total number of shares reserved for issuance under the 2010 Plan is 1,600,000 shares. During 2015, the Company awarded 383,300 stock options and 87,500 restricted stock units under the 2010 Plan. During 2014, the Company awarded no stock options and 172,500 restricted stock units under the 2010 Plan. During 2013, the Company awarded 22,500 options and 9,000 restricted stock shares under the 2010 Plan. At December 31, 2015, 978,500 shares remained available for issuance under the 2010 Plan. Options As noted above, under the 2010 Plan, the Company granted options to purchase 383,300 shares, zero shares, and 22,500 shares of the Company’s common stock during 2015, 2014, and 2013, respectively. Options to purchase shares of common stock were granted with exercise prices equal to the fair value of the common stock on the date of grant and vest over a one-year and five-year period. The weighted average grant date fair value of stock options granted in 2015 and 2013 was $1.44 and $1.85, respectively. The fair value of each stock option granted is estimated on the date of grant using a Black-Scholes valuation model with the following weighted average assumptions: 2015 2013 Expected dividend yield at date of grant 0.00 % 0.00 % Risk-free interest rate 1.87 % 0.90 % Expected stock price volatility 32.06 % 58.50 % Expected life of options (in years) 6.0 5.5 The risk-free interest rate assumptions were based on the U.S. Treasury yield curve in effect at the time of the grant. The expected volatility was based on historical daily price changes of the Company’s stock for one year prior to the date of grant. The expected life of options is the average number of years the Company estimates that options will be outstanding. The Company considers groups of associates that have similar historical exercise behavior separately for valuation purposes. The following table summarizes the Company’s activities with respect to its stock options: Number of Options Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term Aggregate Intrinsic Value (in years) (in thousands) Outstanding at December 31, 2014 181,500 $ 5.56 6.77 $ 13 Granted 383,300 4.33 Exercised — — Forfeited (114,000 ) 6.21 Outstanding at December 31, 2015 450,800 $ 4.48 9.21 $ 131 Exercisable at December 31, 2015 103,300 $ 4.38 7.76 $ 36 The aggregate intrinsic value in the table above represents the total that would have been received by the option holders if all in-the-money options had been exercised on the date indicated. As of December 31, 2015, 347,500 stock option awards were non-vested. Unrecognized compensation costs related to all stock options outstanding amounted to $0.5 million at December 31, 2015, which is expected to be recognized over a weighted-average period of 4.9 years. Restricted Stock Plans The Company’s 2005 Restricted Stock Plan (the “2005 Plan”) provided for the grant of restricted stock awards. A total of 250,000 shares were reserved for issuance under the 2005 Plan, which expired September 1, 2013. These shares were subject to restrictions on transferability and other restrictions, if any, as the Compensation Committee may decide. During 2013, the Company awarded 41,000 restricted shares under the 2005 Plan, which vest annually over a three year period. The Ballantyne Strong, Inc. Non-Employee Directors’ Restricted Stock Plan (the “Non-Employee Plan”) and the Ballantyne Strong, Inc. 2014 Non-Employee Directors’ Restricted Stock Plan (the “2014 Non-Employee Plan”) provide for the award of restricted shares to outside directors. Shares issued under the Non-Employee Plan and the 2014 Non-Employee Plan vest the day preceding the Company’s Annual Meeting of Stockholders in the year following issuance. A total of 250,000 shares are reserved for issuance under the Non-Employee Plan and the 2014 Non-Employee Plan. During 2015 and 2014, 53,208 and 41,760 shares, respectively, were granted under the 2014 Non-Employee Plan. During 2013, 37,500 shares were granted under the Non-Employee Plan, which expired on May 21, 2013. As noted above, the Company awarded a total of 140,708, 214,260 and 87,500 restricted stock units and restricted shares under the 2010 Plan, the 2005 Plan and the Non-Employee Plan during 2015, 2014 and 2013, respectively. The weighted average grant date fair value of restricted stock awarded in 2015, 2014 and 2013 was $4.38, $3.86 and $4.28, respectively. In connection with the restricted stock granted to certain employees and non-employee directors, the Company accrues compensation expense based on the estimated number of shares expected to be issued utilizing the most current information available to the Company at the date of the financial statements. The Company estimates the fair value of the restricted stock awards based upon the market price of the underlying common stock on the date of grant. As of December 31, 2015, the total unrecognized compensation cost related to non-vested restricted stock awarded was approximately $0.4 million which is expected to be recognized over a weighted average period of 1.8 years. The following table summarizes restricted stock activity: Number of Restricted Stock Shares Weighted Average Grant Date Fair Value Nonvested at December 31, 2014 264,793 $ 3.93 Granted 140,708 4.38 Shares vested (116,316 ) 4.18 Shares forfeited (158,827 ) 3.83 Nonvested at December 31, 2015 130,358 $ 4.30

Foreign Exchange Contracts

Foreign Exchange Contracts	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Foreign Exchange Contracts	16. Foreign Exchange Contracts The Company’s primary exposure to foreign currency fluctuations pertains to its subsidiaries in Canada and China. In certain instances the Company may enter into foreign exchange forward contracts to manage a portion of this risk. The Company has not designated its foreign exchange forward contracts as hedges. The Company’s foreign exchange forward contracts expired in 2014 and no new contracts were entered into in 2015. All cash flows related to our foreign currency exchange contracts are classified as operating cash flows. The Company recognized in other income, the following realized and unrealized gains from foreign currency forward exchange contracts: (in thousands) Classification 2015 2014 2013 Foreign exchange forward contracts Other Income (Loss) $ — $ (145 ) $ (380 )

Compensation and Benefit Plans

Compensation and Benefit Plans	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Compensation and Benefit Plans	17. Compensation and Benefit Plans Bonus Plans The Compensation Committee of the Board of Directors administers a Short-Term Incentive Plan (the “Plan”). The Plan is an annual incentive program that provides certain officers and key employee’s bonuses in the form of cash or restricted stock or a combination of both if the Company achieves certain financial goals. Each payout is further subject to the achievement of certain individual goals, as defined in the Plan. The Company has recorded expenses related to the Plan of approximately zero, zero, and $0.4 million in 2015, 2014 and 2013, respectively. The bonuses are generally paid through a distribution of cash and restricted stock. Retirement Plan The Company sponsors a defined contribution 401(k) plan (the “Plan”) for all eligible employees. Pursuant to the provisions of the Plan, employees may defer up to 100% of their compensation. The Company will match 50% of the amount deferred up to 6% of their compensation. The contributions made to the Plan by the Company were approximately $0.4 million, $0.3 million and $0.2 million for the years ended December 31, 2015, 2014 and 2013, respectively. Postretirement Health Care The Company sponsors a postretirement health care plan (the “Plan”) for two former executives and their spouses. The Company’s policy is to fund the cost of the Plan as expenses are incurred. The costs of the postretirement benefits were accrued over the employees’ service lives. The following table sets forth the Plan’s benefit obligations, fair value of plan assets, and funded status at December 31, 2015 and 2014: 2015 2014 (in thousands) Reconciliation of benefit obligation Benefit obligation at January 1 $ 230 $ 214 Interest cost 8 8 Benefits paid (92 ) (28 ) Contributions by plan participants 4 4 Actuarial (gain) loss 49 32 Benefit obligation at December 31 199 230 Fair value of plan assets at December 31 — — Funded status at end of year $ (199 ) $ (230 ) Amounts recognized in the balance sheet consist of: Noncurrent assets $ — $ — Current liabilities (18 ) (17 ) Noncurrent liabilities (180 ) (213 ) Accumulated other comprehensive income (74 ) (139 ) Net amount recognized $ (272 ) $ (369 ) Amounts recognized in accumulated other comprehensive income (loss) at December 31, 2015 and 2014 consists of: 2015 2014 (in thousands) Prior service cost (credit) $ (254 ) $ (278 ) Net actuarial gain 180 139 Total accumulated other comprehensive income $ (74 ) $ (139 ) Net periodic benefit cost recognized in the years ended December 31, 2015, 2014 and 2013 was: 2015 2014 2013 (in thousands) Interest cost $ 8 $ 8 $ 18 Prior service credit (24 ) (24 ) — Amortization of gain 7 6 7 Net periodic benefit cost recognized $ (9 ) $ (10 ) $ 25 Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive income (loss) in the years ended December 31, 2015, 2014 and 2013 are as follows: 2015 2014 2013 (in thousands) Net actuarial gain $ 48 $ 33 $ 165 Prior service cost for plan amendment — — (302 ) Prior service credit 24 24 — Amortization of (gain) loss (7 ) (6 ) (7 ) Total recognized in accumulated other comprehensive income (loss) $ 65 $ 51 $ (144 ) Total recognized in net periodic benefit cost and accumulated other comprehensive income (loss) $ 56 $ 41 $ (119 ) For the defined postretirement benefits plan, amortization of the net gain from accumulated other comprehensive income (loss) into net periodic benefit cost to be recognized in the next fiscal year is expected to be insignificant. Weighted average assumptions used to determine benefit obligations at December 31, 2015, 2014 and 2013 were as follows: December 31, 2015 2014 2013 Discount rate 3.95 % 3.65 % 4.45 % Rate of compensation increase N/A N/A N/A Health care cost trend rate 5.90 % 6.20 % 6.50 % Weighted average assumptions used to determine net periodic postretirement benefit cost for the years ended December 31, 2015, 2014 and 2013 were as follows: 2015 2014 2013 Discount rate 3.65 % 4.45 % 3.60 % Expected long-term rate of return on plan assets N/A N/A N/A Rate of compensation increase N/A N/A N/A Health care cost trend rate 6.20 % 6.50 % 8.10 % Assumed health care trend rates have a significant effect on the amounts reported for health care plans. A 1% change in assumed health care cost trend rates would have the following effects: 1% Increase 1% Decrease ( in thousands) Effect on total service and interest cost components of periodic postretirement health care benefit cost $ 1 $ (1 ) Effect on the health care component of the accumulated postretirement benefit obligation $ 28 $ (23 ) For measurement purposes, a 6.2% The benefits expected to be paid from the postretirement benefit plan are as follows: 2016 2017 2018 2019 2020 2021-2025 (in thousands) Benefits expected to be paid $ 18 $ 20 $ 10 $ 10 $ 11 $ 56 The expected benefits are based on the same assumptions used to measure the Company’s benefit obligation at December 31, 2015 and include estimated future employee service, if any.

Leases

Leases	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Leases	18. Leases The Company and its subsidiaries lease plant and office facilities, autos and equipment under operating leases expiring through 2023. These leases generally contain renewal options and the Company expects to renew or replace certain of these leases in the ordinary course of business. Rent expense under operating lease agreements amounted to approximately $0.8 million, $1.0 million and $0.7 million for the years ended December 31, 2015, 2014 and 2013, respectively. The Company also has capital leases for computer equipment. The capital lease obligations related to accrued expenses are included in accrued expenses on the balance sheet. The Company’s future minimum lease payments are as follows: Year Ending December 31, Capital Leases Operating Leases (In thousands) 2016 $ 319 $ 622 2017 290 451 2018 248 398 2019 131 368 2020 — 350 Thereafter — 636 Total minimum lease payments 988 $ 2,825 Less: Amount representing interest 49 Present value of minimum lease payments 939 Less: Current maturities 223 Capital lease obligations, net of current portion $ 716

Contingencies and Concentration

Contingencies and Concentrations	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Concentrations	19. Contingencies and Concentrations Concentrations The Company’s top ten customers accounted for approximately 42% of 2015 consolidated net revenues. Trade accounts receivable from these customers represented approximately 33% of net consolidated receivables at December 31, 2015. Self-Insurance The Company is self-insured up to certain stop loss limits for group health insurance. Accruals for claims incurred but not paid as of December 31, 2015 and 2014 are included in accrued expenses in the accompanying consolidated balance sheets. The Company’s policy is to accrue the employee health benefit accruals based on historical information along with certain assumptions about future events. Litigation The Company is involved, from time to time, in certain legal disputes in the ordinary course of business. No such disputes, individually or in the aggregate, are expected to have a material effect on its business or financial condition at December 31, 2015.

Business Segment Information

Business Segment Information	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Business Segment Information	20. Business Segment Information As of December 31, 2015, the Company’s operations were conducted principally through two business segments: Cinema and Digital Media. In 2015, the Company renamed our segments from Systems Integration to Cinema and from Managed Services to Digital Media. There was no impact on current or prior years to the individual components of these segments. Cinema operations include the sale of digital projection equipment, screens, and sound systems. Digital Media operations include the delivery of end to end digital signage solutions, video communication solutions, content creation and management and service of digital signage and digital cinema equipment. The Company allocates resources to business segments and evaluates the performance of these segments based upon reported segment operating profit. The Company records intercompany sales at cost and has eliminated all significant intercompany sales in consolidation. Summary by Business Segments Year ended December 31, 2015 2014 2013 (in thousands) Net Revenue: Cinema $ 62,199 $ 63,781 $ 85,451 Digital Media 31,837 32,494 19,105 Total segment net revenue 94,036 96,275 104,556 Eliminations (1,207 ) (1,189 ) (946 ) Total net revenue 92,829 95,086 103,610 Operating income (loss): Cinema 7,317 6,119 7,864 Digital Media (1,024 ) (24 ) 1,100 Total segment operating income 6,293 6,095 8,964 Unallocated general and administrative expenses (10,822 ) (7,910 ) (8,857 ) Gain (loss) on sale or disposal of assets: Cinema $ (370 ) $ (3 ) $ (13 ) Digital Media (55 ) 13 5 Total gain (loss) on sale or disposal of assets (425 ) 10 (8 ) Income (loss) from operations (4,954 ) (1,805 ) 99 Equity in income (loss) of equity method investments – Cinema $ 96 $ 78 $ (25 ) Other income (expense) Cinema $ 227 $ 483 $ (25 ) Cinema – fair value adjustment to notes receivable (1,595 ) — — Cinema – foreign currency transaction gain (loss) 1,875 825 850 Digital Media – foreign currency transaction gain (loss) (263 ) (214 ) — Digital Media 30 164 52 Corporate asset 118 — — Total other income $ 392 $ 1,258 $ 877 Income (loss) before taxes $ (4,466 ) $ (469 ) $ 951 Year ended December 31, 2015 2014 2013 (in thousands) Expenditures on capital equipment: Cinema $ 143 $ 442 $ 370 Digital Media 299 1,540 165 Total expenditures on capital equipment $ 442 $ 1,982 $ 535 Depreciation, amortization and impairment: Cinema $ 1,545 $ 1,208 $ 1,308 Digital Media 1,425 716 203 Total depreciation, amortization and impairment $ 2,970 $ 1,924 $ 1,511 December 31, 2015 2014 (in thousands) Identifiable assets Cinema $ 45,443 $ 64,083 Digital Media 15,319 25,272 Corporate assets 6,102 — Total $ 66,864 $ 89,355 Summary by Geographical Area 2015 2014 2013 (in thousands) Net revenue United States $ 60,615 $ 62,149 $ 67,348 China 18,180 14,010 16,580 Canada 5,074 5,661 3,709 South America 3,540 8,288 11,788 Mexico 2,870 2,718 1,254 Europe 1,569 1,189 1,216 Asia (excluding China) 474 910 843 Other 507 161 872 Total $ 92,829 $ 95,086 $ 103,610 December 31, 2015 2014 (in thousands) Identifiable assets United States $ 32,783 $ 59,988 Canada 25,698 19,305 China 7,051 7,002 Asia (excluding China) 1,332 3,060 Total $ 66,864 $ 89,355 Net revenues by business segment are to unaffiliated customers. Identifiable assets by geographical area are based on location of facilities. Net sales by geographical area are based on destination of sales.

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	21. Quarterly Financial Data (Unaudited) The following is a summary of the unaudited quarterly results of operations for 2015 and 2014. 2015 2014 First Quarter Second Quarter Third Quarter Fourth Quarter First Quarter Second Quarter Third Quarter Fourth Quarter (in thousands, except per share data) Net revenue $ 22,470 $ 19,723 $ 23,512 $ 27,124 $ 22,021 $ 22,027 $ 22,664 $ 28,374 Gross profit 4,261 3,676 3,968 5,682 4,216 4,247 4,057 5,640 Net earnings (loss) (10,164 ) (2,919 ) (3,201 ) (1,183 ) (594 ) 381 (109 ) 318 Basic and diluted earnings (loss) per share: Basic(1) (0.72 ) (0.21 ) (0.23 ) (0.08 ) (0.04 ) 0.03 (0.01 ) 0.02 Diluted(1) (0.72 ) (0.21 ) (0.23 ) (0.08 ) (0.04 ) 0.03 (0.01 ) 0.02 Stock price: High 5.05 5.13 4.88 4.87 5.15 4.89 4.69 4.50 Low 4.01 4.00 3.42 4.24 4.46 3.76 3.65 3.79 (1) Earnings per share is computed independently for each of the quarters. Therefore, the sum of the quarterly earnings per share may not equal the total for the year.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	22. Related Party Transactions Pursuant to the proxy contest settlement agreement entered into with Fundamental Global Investors, LLC and certain of its affiliates on April 21, 2015, the Company expanded its Board of Directors to nine directors and nominated five director candidates from Fundamental Global’s slate of directors, who were elected at the 2015 Annual Meeting. Fundamental Global Investors, LLC and its affiliates hold approximately 22.07% of the Company’s outstanding shares of common stock as of December 31, 2015. Mr. D. Kyle Cerminara, the Chief Executive Officer, Co-Founder and Partner of Fundamental Global Investors, LLC, serves as the Company’s Chairman and Chief Executive Officer. The Company reimbursed Fundamental Global for its expenses incurred in connection with the proxy contest and settlement agreement in the amount of $178,415 in 2015. The independent members of the Board of Directors approved the reimbursement. The Company’s purchase of the equity securities that comprise its marketable securities and equity method investments were made in companies in which Fundamental Global has an ownership interest. The independent members of the Board of Directors approved these purchases and the Company made no payments to Fundamental Global related to these purchases.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	24. Subsequent Events There were no subsequent events following the balance sheet date for which accounting and disclosure in these financial statements is required.

Schedule II Valuation and Quali

Schedule II Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2015
Valuation and Qualifying Accounts [Abstract]
Schedule II Valuation and Qualifying Accounts	Schedule II Ballantyne Strong, Inc. and Subsidiaries Valuation and Qualifying Accounts (in thousands) Balance at beginning of year Charged to costs and expenses Acquisitions Amounts Written off(1) Foreign Exchange Translation Balance at end of year Allowance for doubtful accounts: Year ended December 31, 2015 $ 679 $ 1,379 $ — $ (110 ) $ (21 ) $ 1,927 Year ended December 31, 2014 703 92 — (112 ) (4 ) 679 Year ended December 31, 2013 487 273 314 (363 ) (8 ) 703 Inventory reserves: Year ended December 31, 2015 $ 2,190 $ 1,970 $ — $ (2,245 ) $ 65 $ 1,980 Year ended December 31, 2014 1,792 470 — (71 ) (1 ) 2,190 Year ended December 31, 2013 1,494 323 597 (622 ) — 1,792 (1) The deductions from reserves are net of recoveries.

Summary of Significant Accoun33

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Use of Management Estimates	Use of Management Estimates The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results and changes in facts and circumstances may alter such estimates and affect results of operations and financial position in future periods.
Revenue Recognition	Revenue Recognition The Company recognizes revenue when all of the following circumstances are satisfied: ● Persuasive evidence of an arrangement exists; ● Delivery has occurred or services have been rendered; ● The seller’s price to the buyer is fixed or determinable; ● Collectability is reasonably assured. The Company recognizes revenue when these criteria have been met and when title and risk of loss transfers to the customer. If an arrangement involves multiple deliverables, the items are considered separate units of accounting if the items have value on a stand-alone basis and there is objective and reliable evidence of their fair values. Revenues from the arrangement are allocated to the separate units of accounting based on their objectively determined fair value. For services, revenue is recognized when the services have been rendered. Revenues from service and support contracts are deferred and recognized as earned ratably over the service coverage periods. Unbilled revenue represents revenue recognized in accordance with the Company’s revenue recognition policy for which the invoice had not been processed and sent to the customer. Revenue is generally recognized upon shipment of the product; however, there are certain instances where revenue is deferred and recognized upon delivery or customer acceptance of the product as the Company legally retains the risk of loss on these transactions until such time. Estimates used in the recognition of revenues and cost of revenues include, but are not limited to, estimates for product warranties, price allowances and product returns. Costs related to revenues are recognized in the same period in which the specific revenues are recorded. Shipping and handling fees billed to customers are reported in revenue. Shipping and handling costs incurred by the Company are included in cost of sales. Estimates used in the recognition of revenues and cost of revenues include, but are not limited to, estimates for product warranties, price allowances and product returns.
Cash and Cash Equivalents	Cash and Cash Equivalents All short-term, highly liquid financial instruments are classified as cash equivalents in the consolidated balance sheets and statements of cash flows. Generally, these instruments have maturities of three months or less from date of purchase.
Marketable Securities	Marketable Securities The Company’s marketable securities are comprised of investments in the common stock of a publicly traded company. Changes in fair value, based on the market price of the investee’s stock are recognized currently in other income in the consolidated statement of operations. The Company has elected the fair value option to account for the investment to more appropriately recognize the value of this investment in our consolidated financial statements. Marketable securities at fair value were as follows: December 31, 2015 Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (in thousands) Marketable securities $ 1,983 $ 118 $ — $ 2,101
Equity Method Investments	Equity Method Investments In December 2015, the Company acquired 7.8% ownership in RELM Wireless Corp, (RELM) for $4.0 million. RELM is a publicly traded company that designs, manufactures and markets two-way land mobile radios, repeaters, base stations, and related components and subsystems. The Company’s Chief Executive Officer is member of the board of directors of RELM, and controls entities that, when combined with the Company’s ownership in RELM, own greater than 20% of RELM, providing the Company with significant influence over RELM, but not controlling interest. As a result of this significant influence, the Company accounts for its investment in RELM under the equity method. The Company’s carrying value for RELM was $4.0 million as of December 31, 2015 and the Company’s equity in earnings of RELM were not significant in 2015. Based on quoted market prices, the market value of the Company’s ownership in RELM was $4.2 million at December 31, 2015. The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. The Company did not record any impairments related to its investments in 2015, 2014, or 2013.
Accounts, Financing and Notes Receivable	Accounts, Financing and Notes Receivable Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company determines the allowance for doubtful accounts based on several factors, including overall customer credit quality, historical write-off experience and a specific analysis that projects the ultimate collectability of the account. As such, these factors may change over time causing the reserve level and bad debt expense to adjust accordingly. Beginning in October 1, 2013, with our acquisition of CMS in our digital media segment, sales-type lease revenue arrangements are included in services revenue in the Consolidated Statements of Operations. The arrangements are primarily related to sales of digital displays and have original lease terms ranging from 3 to 5 years. For sales-type/finance leases, the Company records an asset at lease inception. This asset is recorded at the aggregate future minimum lease payments, estimated residual value of the leased equipment, and deferred incremental direct costs less unearned income. Income is recognized over the life of the lease to approximate a level rate of return on the net investment. Residual values, which are reviewed periodically, represent the estimated amount that the Company expects to receive at lease termination from the disposition of the leased equipment. Actual residual values realized could differ from these estimates. Declines in estimated residual value that are deemed other-than-temporary are recognized in the period in which the declines occur. The Company performs ongoing credit evaluations and provides an allowance for potential credit losses against the portion of financing receivables which is estimated to be uncollectible based on historical experience, current economic conditions, and management’s evaluation of outstanding financing receivables. These factors may change over time causing the reserve level to adjust accordingly. There is currently no allowance for credit losses as management believes the entire balance will be collectible. The effective rate on these is 3.25%. Notes receivable are recorded at estimated fair value at December 31, 2015 and accrue interest at 15%. The Company estimates allowances for doubtful accounts based on the Company’s best estimates of the amount of probable credit losses pertaining to the notes receivables, based on ongoing monitoring of the counterparty’s financial position and results of operations. Past due accounts are written off for accounts, financing and notes receivable when our efforts have been unsuccessful in collecting amounts due.
Inventories	Inventories Inventories are stated at the lower of cost (first-in, first-out) or market and include appropriate elements of material, labor and manufacturing overhead. Inventory balances are net of reserves of slow moving or obsolete inventory based on management’s review of inventories on hand compared to estimated future usage and sales, technological changes and product pricing. Digital projection equipment is provided to potential customers for consignment and demonstration purposes under customer use agreements. Revenues are subsequently recorded in accordance with the Company’s normal revenue recognition policies. Consignment inventory is reviewed for impairment by comparing the inventory to the estimated future usage and sales. Digital equipment on consignment amounted to approximately $0.1 million and $0.3 million at December 31, 2015 and 2014, respectively.
Business Combinations	Business Combinations The Company uses the acquisition method in accounting for acquired businesses. Under the acquisition method, the financial statements reflect the operations of an acquired business starting from the completion of the acquisition. The assets acquired and liabilities assumed are recorded at their respective estimated fair values at the date of the acquisition. Any excess of the purchase price over the estimated fair values of the identifiable net assets acquired is recorded as goodwill. Significant judgment is often required in estimating the fair value of assets acquired, particularly intangible assets. As a result, in the case of significant acquisitions the Company normally obtains the assistance of third-party valuation specialists in estimating fair values of tangible and intangible assets. The fair value estimates are based on available historical information and on expectations and assumptions about the future, considering the perspective of marketplace participants. While management believes those expectations and assumptions are reasonable, they are inherently uncertain. Unanticipated market or macroeconomic events and circumstances may occur, which could affect the accuracy or validity of the estimates and assumptions.
Intangible Assets	Intangible Assets The Company’s amortizable intangibles consist of trademarks, customer relationships, software and product formulation. The Company evaluates its intangible assets for impairment when there is evidence that events or circumstances indicate that the carrying amount of these assets may not be recoverable. Intangible assets with definite lives are amortized over their respective estimated useful lives to their estimated residual values. Significant judgments and assumptions are required in the impairment evaluations. See footnote 7 for further information regarding impairment on intangible assets taken in 2015.
Goodwill	Goodwill Goodwill is not amortized and is tested for impairment at least annually, or whenever events or changes in circumstances indicate the carrying amount of the asset may be impaired. Significant judgment is involved in determining if an indicator of impairment has occurred. The Company may consider indicators such as deterioration in general economic conditions, adverse changes in the markets in which the reporting unit operates, increases in input costs that have negative effects on earnings and cash flows, or a trend of negative or declining cash flows over multiple periods, among others. The fair value that could be realized in an actual transaction may differ from that used to evaluate the impairment of goodwill. The Company may first review for goodwill impairment by assessing qualitative factors to determine whether any impairment may exist. If the Company believes, as a result of the qualitative assessment, that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, a quantitative two-step test is required; otherwise, no further testing is required. However, the Company also may elect not to perform the qualitative assessment and, instead, proceed directly to the quantitative impairment test. Under the first step of the quantitative test, the fair value of each reporting unit is compared with its carrying value (including goodwill). If the fair value of the reporting unit exceeds its carrying value, step two is not performed. If the fair value of the reporting unit is less than its carrying value, an indication of goodwill impairment exists for the reporting unit and step two of the quantitative impairment test (measurement) is performed. Under step two, an impairment loss is recognized for any excess of the carrying amount of the reporting unit’s goodwill over the fair value of that goodwill. The fair value of goodwill is determined by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation and the residual fair value after this allocation is the fair value of the reporting unit goodwill. Goodwill at December 31, 2015 was recorded in connection with the acquisition of Peintures Elite, Inc. in 2013. A qualitative assessment was performed for the year ended December 31, 2015 and it was determined no events had occurred since the acquisition that would indicate an impairment was more likely than not.
Property, Plant and Equipment	Property, Plant and Equipment Significant expenditures for the replacement or expansion of property, plant and equipment are capitalized. Depreciation of property, plant and equipment is provided over the estimated useful lives of the respective assets using the straight-line method. For financial reporting purposes, assets are depreciated over the estimated useful lives of 20 years for buildings and improvements, life of the related lease for leasehold improvements, 3 to 10 years for machinery and equipment, 7 years for furniture and fixtures and 3 years for computers and accessories. The Company generally uses accelerated methods of depreciation for income tax purposes. The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The recoverability of property, plant and equipment is based on management’s estimates of future undiscounted cash flows and these estimates may vary due to a number of factors, some of which may be outside of management’s control. To the extent that the Company is unable to achieve management’s forecasts of future income, it may become necessary to record impairment losses for any excess of the net book value of property, plant and equipment over their fair value. The Company did not record any impairments related to property, plant and equipment in 2015, 2014, or 2013. The Company incurs maintenance costs on all of its major equipment. Repair and maintenance costs are expensed as incurred.
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. The Company uses an estimate of its annual effective rate at each interim period based on the facts and circumstances at the time while the actual effective rate is calculated at year-end. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. In assessing whether the deferred tax assets are realizable management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company’s uncertain tax positions are evaluated in a two-step process, whereby 1) the Company determines whether it is more likely than not that the tax positions will be sustained based on the technical merits of the position and 2) for those tax positions that meet the more likely than not recognition threshold, the Company would recognize the largest amount of tax benefit that is greater than fifty percent likely to be realized upon ultimate settlement with the related tax authority. The Company accrues interest and penalties related to uncertain tax positions in the statements of income as income tax expense.
Other Taxes	Other Taxes Sales taxes assessed by governmental authorities including sales, use, and excise taxes are on a net basis and therefore the presentation of these taxes is excluded from revenues and is shown as a liability on the balance sheet until remitted to the appropriate taxing authorities.
Research and Development	Research and Development Research and development related costs are charged to operations in the period incurred. Such costs amounted to approximately $0.1 million, $0.2 million and $0.1 million for the years ended December 31, 2015, 2014 and 2013, respectively.
Advertising Costs	Advertising Costs Advertising and promotional costs are expensed as incurred and amounted to approximately $0.6 million, $0.5 million and $0.5 million for the years ended December 31, 2015, 2014 and 2013, respectively.
Fair Value of Financial and Derivative Instruments	Fair Value of Financial and Derivative Instruments The Company follows the Financial Accounting Standards Board (FASB) issued authoritative guidance, which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. As defined in the FASB guidance, 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. The FASB guidance establishes a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. Inputs refers broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. The categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities carried at fair value will be classified and disclosed in one of the following three categories: ● Level 1 — inputs to the valuation techniques are quoted prices in active markets for identical assets or liabilities ● Level 2 — inputs to the valuation techniques are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly ● Level 3 — inputs to the valuation techniques are unobservable for the assets or liabilities The following tables present the Company’s financial assets and liabilities measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements fall, as of December 31, 2015 and 2014. Fair Values Measured on a Recurring Basis at December 31, 2015: Level 1 Level 2 Level 3 Total (in thousands) Cash and cash equivalents $ 22,070 $ — $ — $ 22,070 Marketable securities $ 2,101 $ — $ — $ 2,101 Notes receivable $ — $ — $ 1,669 $ 1,669 Fair Values Measured on a Recurring Basis at December 31, 2014: Level 1 Level 2 Level 3 Total (in thousands) Cash and cash equivalents $ 22,491 $ — $ — $ 22,491 Notes receivable $ — $ — $ 2,985 $ 2,985 Quantitative information about the Company’s level 3 fair value measurements at December 31, 2015 is set forth below: $ in thousands Fair Value Valuation Technique Unobservable input Range Note receivable $ 1,669 Discounted cash flow Probability of default 55 % Discount rate 18 % The notes receivable are recorded at estimated fair value at December 31, 2015 and accrue interest at a rate of 15% per annum. During 2015, new information became available regarding the ability of the debtor to repay the interest on the notes receivable, which caused the Company to change the probability of default used in the discounted cash flow valuation from 0% to 55%. This resulted in a reduction to the fair value of notes receivable of $1.6 million during the year ended December 31, 2015. The significant unobservable inputs used in the fair value measurement of the Company’s note receivable are discount rate and probability of default. Significant increases (decreases) in any of these inputs in isolation would result in a significantly lower (higher) fair value measurement. The following table reconciles the beginning and ending balance of the Company’s notes receivable fair value: 2015 2014 (in thousands) Notes receivable balance, beginning of period $ 2,985 $ 2,497 Interest income accrued 279 488 Fair value adjustment (1,595 ) — Notes receivable balance, end of period $ 1,669 $ 2,985 The carrying values of all other financial assets and liabilities including accounts receivable, accounts payable and accrued expenses reported in the consolidated balance sheets equal or approximate their fair values due to the short-term nature of these instruments. All non-financial assets that are not recognized or disclosed at fair value in the financial statements on a recurring basis, which includes non-financial long-lived assets, are measured at fair value in certain circumstances (for example, when there is evidence of impairment). During 2015, the Company did not have any significant non-recurring measurements of non-financial assets or liabilities. Based on quoted market prices, the market value of the Company’s equity method investment was $4.2 million at December 31, 2015.
Earnings (Loss) Per Common Share	Earnings (Loss) Per Common Share Basic earnings per share have been computed on the basis of the weighted average number of shares of common stock outstanding. Diluted earnings per share has been computed on the basis of the weighted average number of shares of common stock outstanding after giving effect to potential common shares from dilutive stock options and certain non-vested shares of restricted stock. The following table provides reconciliation between basic and diluted earnings per share: 2015 2014 2013 (in thousands, except per share amounts) Basic earnings (loss) per share: Earnings (loss) applicable to common stock $ (17,467 ) $ (4 ) $ 163 Weighted average common shares outstanding 14,135 14,061 13,999 Basic earnings (loss) per share $ (1.24 ) $ 0.00 $ 0.01 Diluted earnings per share: Earnings (loss) applicable to common stock $ (17,467 ) $ (4 ) $ 163 Weighted average common shares outstanding 14,135 14,061 13,999 Assuming conversion of options and restricted stock awards outstanding — — 32 Weighted average common shares outstanding, as adjusted 14,135 14,061 14,031 Diluted earnings (loss) per share $ (1.24 ) $ 0.00 $ 0.01 Grants and options to purchase 419,025, 181,500 and 291,000 shares of common stock were outstanding as of December 31, 2015, 2014 and 2013, respectively, but were not included in the computation of diluted earnings per share as the option’s exercise price was greater than the average market price of the common shares for the respective periods. An additional 126,148 and 141,936 options and restricted stock units were excluded for the year ended December 31, 2015 and 2014, respectively, as their inclusion would be anti-dilutive, thereby decreasing the net loss per share.
Stock Compensation Plans	Stock Compensation Plans The Company recognizes compensation expense for all share-based payment awards made to employees and directors based on estimated values on the date of grant. The Company uses the straight-line amortization method over the vesting period of the awards. The Company has historically issued shares upon exercise of stock options or vesting of restricted stock from new stock issuances. The Company estimates the fair value of restricted stock awards based upon the market price of the underlying common stock on the date of grant. The fair value of stock options granted is calculated using the Black-Scholes option pricing model. No share-based compensation cost was capitalized as a part of inventory as of December 31, 2015 and 2014.
Post-Retirement Benefits	Post-Retirement Benefits The Company recognizes the overfunded or underfunded position of a defined benefit postretirement plan as an asset or liability in the balance sheet, measures the plan’s assets and its obligations that determine its funded status as of December 31, 2015 and recognizes the changes in the funded status through comprehensive income (loss) in the year in which the changes occur.
Foreign Currency Translation	Foreign Currency Translation For foreign subsidiaries, the environment in which the business conducts operations is considered the functional currency, generally the local currency. The assets and liabilities of foreign subsidiaries are translated into the United States dollar at the foreign exchange rates in effect at the end of the period. Revenue and expenses of foreign subsidiaries are translated using an average of the foreign exchange rates in effect during the period. Translation adjustments are not included in determining net earnings but are presented in comprehensive income (loss) within the consolidated statements of comprehensive income. Transaction gains and losses that arise from foreign exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the consolidated statement of operations as incurred. Undistributed earnings of the Company’s foreign subsidiaries totaling $22.0 million are considered to not be permanently reinvested and the applicable portion of accumulated other comprehensive income (loss) has been tax effected. The components of accumulated other comprehensive income (loss) related to the earnings of foreign subsidiaries that are considered to be indefinitely reinvested have not been tax effected.
Warranty Reserves	Warranty Reserves Historically, the Company has generally granted a warranty to its customers for a one-year period following the sale of manufactured film projection equipment and on selected repaired equipment for a one-year period. In most instances, the digital products are covered by the manufacturing firm’s OEM warranty; however, there are certain customers where the Company may grant warranties in excess of the manufacturer’s warranty for digital products. The Company accrues for these costs at the time of sale. The following table summarizes warranty activity for the three years ended December 31, 2015. 2015 2014 2013 (in thousands) Warranty accrual at beginning of period $ 423 $ 662 $ 770 Charged to expense 535 332 349 Amounts written off, net of recoveries (611 ) (559 ) (473 ) Foreign currency translation adjustment (37 ) (12 ) 16 Warranty accrual at end of period $ 310 $ 423 $ 662
Contingencies	Contingencies The Company accrues for contingencies when its assessments indicate that it is probable that a liability has been incurred and an amount can be reasonably estimated. The Company’s estimates are based on currently available facts and its estimates of the ultimate outcome or resolution. Actual results may differ from the Company’s estimates resulting in an impact, positive or negative, on earnings.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The guidance is effective for the Company beginning January 1, 2018. An entity may adopt this ASU either retrospectively or through a cumulative effect adjustment as of the start of the first period for which it applies the ASU. Early adoption is not permitted. The Company is currently evaluating the potential impact of adopting this guidance and has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting. In July 2015, the FASB issued Accounting Standards Update No. 2015-11, “Simplifying the Measurement of Inventory” (“ASU 2015-11”). ASU 2015-11 requires an entity utilizing the FIFO inventory method to change their measurement principle for inventory changes from the lower of cost or market to lower of cost and net realizable value. The guidance is effective for the Company beginning January 1, 2017. An entity must adopt this ASU prospectively and early adoption is permitted. The Company is currently evaluating the potential impact of adopting this guidance and has not determined the effect of the standard on its ongoing financial reporting. In November 2015, the FASB issued ASU No. 2015-17, “Balance Sheet Classification of Deferred Taxes” (“ASU 2015-17”). The standard amends the current requirement for organizations to present deferred tax liabilities and assets as current and noncurrent in a classified balance sheet. Instead, organizations will now be required to classify all deferred tax assets and liabilities as noncurrent. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in this update. The ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, with early adoption permitted. ASU 2015-17 may be either applied prospectively to all deferred tax assets and liabilities or retrospectively to all periods presented. The Company adopted ASU 2015-17 retrospectively effective December 31, 2015 and reclassified $3.5 million of current deferred tax assets to noncurrent deferred tax assets and netted $0.7 million of long term deferred tax liabilities with noncurrent deferred tax assets on the December 31, 2014 consolidated balance sheet. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments - Overall: Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”). ASU 2016-01 requires equity investments that do not result in consolidation and are not accounted under the equity method to be measured at fair value with changes in fair value recognized in net income; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets on the balance sheet or the accompanying notes to the financial statements; clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets and modifies certain fair value disclosure requirements. ASU 2016-01 is effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is not permitted. The adoption of ASU 2016-01 is not expected to have a material effect on the Company’s consolidated financial statements.

Summary of Significant Accoun34

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Schedule of Marketable Securities	Marketable securities at fair value were as follows: December 31, 2015 Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (in thousands) Marketable securities $ 1,983 $ 118 $ — $ 2,101
Schedule of Fair Value Measured Financial Assets and Liabilities	Fair Values Measured on a Recurring Basis at December 31, 2015: Level 1 Level 2 Level 3 Total (in thousands) Cash and cash equivalents $ 22,070 $ — $ — $ 22,070 Marketable securities $ 2,101 $ — $ — $ 2,101 Notes receivable $ — $ — $ 1,669 $ 1,669 Fair Values Measured on a Recurring Basis at December 31, 2014: Level 1 Level 2 Level 3 Total (in thousands) Cash and cash equivalents $ 22,491 $ — $ — $ 22,491 Notes receivable $ — $ — $ 2,985 $ 2,985
Summary of Quantitative Information About Company's Level 3 Fair Value Measurements	Quantitative information about the Company’s level 3 fair value measurements at December 31, 2015 is set forth below: $ in thousands Fair Value Valuation Technique Unobservable input Range Note receivable $ 1,669 Discounted cash flow Probability of default 55 % Discount rate 18 %
Summary of Notes Receivable Reconciliation	The following table reconciles the beginning and ending balance of the Company’s notes receivable fair value: 2015 2014 (in thousands) Notes receivable balance, beginning of period $ 2,985 $ 2,497 Interest income accrued 279 488 Fair value adjustment (1,595 ) — Notes receivable balance, end of period $ 1,669 $ 2,985
Schedule of Reconciliation Between Basic and Diluted Earnings Per Share	The following table provides reconciliation between basic and diluted earnings per share: 2015 2014 2013 (in thousands, except per share amounts) Basic earnings (loss) per share: Earnings (loss) applicable to common stock $ (17,467 ) $ (4 ) $ 163 Weighted average common shares outstanding 14,135 14,061 13,999 Basic earnings (loss) per share $ (1.24 ) $ 0.00 $ 0.01 Diluted earnings per share: Earnings (loss) applicable to common stock $ (17,467 ) $ (4 ) $ 163 Weighted average common shares outstanding 14,135 14,061 13,999 Assuming conversion of options and restricted stock awards outstanding — — 32 Weighted average common shares outstanding, as adjusted 14,135 14,061 14,031 Diluted earnings (loss) per share $ (1.24 ) $ 0.00 $ 0.01
Schedule of Product Warranty Liability	The following table summarizes warranty activity for the three years ended December 31, 2015. 2015 2014 2013 (in thousands) Warranty accrual at beginning of period $ 423 $ 662 $ 770 Charged to expense 535 332 349 Amounts written off, net of recoveries (611 ) (559 ) (473 ) Foreign currency translation adjustment (37 ) (12 ) 16 Warranty accrual at end of period $ 310 $ 423 $ 662

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the fair value of the assets acquired and liabilities assumed at the acquisition date. Amount of Identified Assets Acquired and Liabilities Assumed (in thousands) Current Assets $ 10,987 Property and equipment 4,989 Other Assets 3,686 Software 233 Goodwill — Total acquired assets 19,895 Current liabilities 2,336 Long-term liabilities 137 Total liabilities assumed 2,473 Net assets acquired $ 17,422
Schedule of Business Acquisition, Pro Forma Information	The pro forma adjustments include the impact of depreciation and amortization of property and equipment and intangible assets acquired, interest expense on the acquisition debt and income tax benefits for tax effects of the foregoing adjustments to depreciation, amortization and interest expense. 2013 Revenue $ 129,737 Net income (loss) $ 1,041 Net income (loss) per share – basic $ 0.07 Net income (loss) per share – diluted $ 0.07

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2015
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consist of the following: December 31, 2015 December 31, 2014 (in thousands) Raw materials and components $ 1,351 $ 2,281 Work in process 190 632 Finished goods 8,152 11,195 $ 9,693 $ 14,108

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment include the following: December 31, 2015 December 31, 2014 (in thousands) Land $ 1,596 $ 1,605 Buildings and improvements 8,989 10,203 Machinery and equipment 3,757 4,227 Office furniture and fixtures 4,153 3,713 Total properties cost 18,495 19,748 Less accumulated depreciation (6,727 ) (5,834 ) Net property, plant and equipment $ 11,768 $ 13,914

Restructuring Activities (Table

Restructuring Activities (Tables)	12 Months Ended
	Dec. 31, 2015
Restructuring and Related Activities [Abstract]
Schedule of Beginning and Ending Restructuring Balance Included in Accrued Expenses	The following reconciles the activity in the restructuring related severance accruals for the years ended December 31, 2015, 2014, and 2013, which are included in accrued expenses: 2015 Strategic Initiative 2013 Convergent related restructuring 2011 Corporate-wide Strategic Initiative Total Restructuring (in thousands) Balance, restructuring liability at December 31, 2012 $ — $ — $ 88 $ 88 Severance expense included in administrative expenses — 1,417 — 1,417 Site closure costs included in administrative expenses — 58 — 58 Severance paid — (579 ) (88 ) (667 ) Balance, restructuring liability at December 31, 2013 — 896 — 896 Severance paid — (709 ) — (709 ) Balance, restructuring liability at December 31, 2014 — 187 — 187 Lease termination expense 219 — — 219 Lease termination paid (219 ) — — (219 ) Severance expense 559 — — 559 Severance paid (486 ) (187 ) — (673 ) Balance, restructuring liability at December 31, 2015 73 $ — $ — $ 73

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Intangible assets consisted of the following at December 31, 2015: Useful life Gross Accumulated amortization Net (Years) (in thousands) Intangible assets subject to amortization: Product formulation 10 440 (205 ) 235 Intangible assets consisted of the following at December 31, 2014: Useful life Gross Accumulated amortization Net (Years) (in thousands) Intangible assets subject to amortization: Customer relationships 4-9 $ 1,556 $ (1,538 ) $ 18 Software 3 905 (144 ) 761 Software in development 3 16 — 16 Product formulation 10 526 (153 ) 373 Total $ 3,003 $ (1,835 ) $ 1,168
Schedule of Intangible Assets Future Amortization Expense	The following table shows the Company’s estimated future amortization expense related to intangible assets for the next five years. Amount (in thousands) 2016 $ 62 2017 51 2018 41 2019 30 2020 21 Thereafter 30

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in Carrying Amount of Goodwill	All of the Company’s goodwill is related to the Cinema segment. The following represents a summary of changes in the Company’s carrying amount of goodwill (in thousands): Balance as of December 31, 2013 $ 1,123 Foreign currency translation (94 ) Balance as of December 31, 2014 $ 1,029 Foreign currency translation (166 ) Balance as of December 31, 2015 $ 863

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2015
Payables and Accruals [Abstract]
Schedule of Accrued Expenses	The major components of current accrued expenses are as follows: December 31, 2015 December 31, 2014 (in thousands) Employee related $ 1,526 $ 1,797 Legal and professional fees 158 265 Lease expenses 281 86 Warranty obligation 310 423 Joint venture excess distributions 502 596 Interest and taxes 644 575 Post-retirement benefit obligation 27 17 Severance and benefits 245 303 Other 407 304 Total $ 4,100 $ 4,366
Schedule of Long Term Accrued Liabilities	The major components of long-term accrued expenses are as follows: December 31, 2015 December 31, 2014 (in thousands) Post-retirement benefit obligation $ 318 $ 213 Employee related — 353 Rent and leasehold improvements 1,263 1,184 Other — 26 Total $ 1,581 $ 1,776

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	Income (loss) before income taxes consists of: 2015 2014 2013 (in thousands) United States $ (16,630 ) $ (9,774 ) $ (5,916 ) Foreign 12,164 9,305 6,867 $ (4,466 ) $ (469 ) $ 951
Schedule of Components of Income Tax Expense (Benefit)	Income tax expense (benefit) attributable to income from continuing operations consists of: 2015 2014 2013 (in thousands) Federal: Current $ 1,538 $ 592 $ 218 Deferred 7,348 (3,333 ) (1,141 ) Total 8,886 (2,741 ) (923 ) State: Current (1,301 ) 316 (62 ) Deferred 635 (589 ) (86 ) Total (666 ) (273 ) (148 ) Foreign: Current 3,597 3,196 1,661 Deferred 1,184 (647 ) 198 Total 4,781 2,549 1,859 $ 13,001 $ (465 ) $ 788
Schedule of Effective Income Tax Rate Reconciliation	Income tax expense attributable to income (loss) from continuing operations differed from the amounts computed by applying the U.S. Federal income tax rate to pretax income from continuing operations as follows: 2015 2014 2013 Amount % Amount % Amount % (in thousands) Expected federal income tax expense (benefit) $ (1,519 ) (34.0 ) $ (160 ) (34.0 ) $ 323 34.0 State income taxes, net of federal benefit (333 ) (7.4 ) (153 ) (32.5 ) (88 ) (9.3 ) Foreign tax rates varying from 34% (830 ) (18.6 ) (623 ) (132.7 ) (489 ) (51.4 ) Change in foreign reinvestment strategy 6,650 148.9 429 91.4 1,038 109.2 Valuation allowance 9,081 203.3 — — — — Other (48 ) (1.1 ) 42 8.7 4 0.4 Total $ (13,001 ) (291.1 ) $ (465 ) (99.1 ) $ 788 82.9
Schedule of Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities were comprised of the following: December 31, 2015 2014 Deferred tax assets: (in thousands) Deferred revenue $ 1,567 $ 2,028 Non-deductible accruals 330 528 Inventory reserves 550 768 Stock compensation expense 215 289 Warranty reserves 107 130 Uncollectible receivable reserves 608 231 Accrued group health insurance claims 137 120 Restructuring reserves 89 111 Net operating losses 6,995 646 Fair value adjustment to notes receivable 637 — Foreign tax credits 2,867 2,854 Depreciation and amortization 448 707 Accumulated other comprehensive income 1,745 276 Other (11 ) 8 Net deferred tax assets 16,284 8,696 Valuation allowance (9,081 ) — Net deferred tax assets after valuation allowance 7,203 8,696 Deferred tax liabilities: Depreciation and amortization 494 444 Equity in income (loss) of equity method investments (47 ) (51 ) Intangibles — 238 Cash repatriation 8,472 329 Net deferred tax liabilities 8,919 960 Net deferred tax assets (liabilities) $ (1,716 ) $ 7,736

Financing Receivable (Tables)

Financing Receivable (Tables)	12 Months Ended
	Dec. 31, 2015
Capital Leases, Net Investment in Direct Financing and Sales Type Leases [Abstract]
Schedule of Sales-type Lease Receivables	The following table presents sales-type lease receivables. December 31, 2015 December 31, 2014 (in thousands) Investment in sales-type leases Current $ 1,185 $ 1,372 Noncurrent 198 1,383
Schedule of Maturities of Minimum Lease Payments Outstanding	Scheduled maturities of minimum lease payments outstanding at December 31, 2015, are as follows: Years ending: Scheduled Payments (in thousands) December 31, 2016 $ 1,185 December 31, 2017 198 Total $ 1,383

Deferred Revenue (Tables)

Deferred Revenue (Tables)	12 Months Ended
	Dec. 31, 2015
Deferred Revenue Disclosure [Abstract]
Schedule of Amounts Included in Deferred Revenue Related to Extended Warranties	The following summarizes the amounts included in deferred revenue related to extended warranties. December 31, 2015 December 31, 2014 (in thousands) Extended warranty deferrals expected to be recognized within one year $ 895 $ 715 Extended warranty deferrals expected to be recognized after one year 1,108 2,003 Total revenue deferred for extended warranty $ 2,003 $ 2,718

Stock Compensation (Tables)

Stock Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs	The Company recognizes compensation expense for all share-based payment awards made to employees and directors based on estimated fair values. Share-based compensation expense included in selling and administrative expenses approximates the following: 2015 2014 2013 (in thousands) Share based compensation expense $ 501 $ 427 $ 461
Schedule of Weighted Average Fair Value Assumptions Used in Grant Date Fair Value of Purchase Rights Outstanding	The fair value of each stock option granted is estimated on the date of grant using a Black-Scholes valuation model with the following weighted average assumptions: 2015 2013 Expected dividend yield at date of grant 0.00 % 0.00 % Risk-free interest rate 1.87 % 0.90 % Expected stock price volatility 32.06 % 58.50 % Expected life of options (in years) 6.0 5.5
Summary of Stock Options Activities	The following table summarizes the Company’s activities with respect to its stock options: Number of Options Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term Aggregate Intrinsic Value (in years) (in thousands) Outstanding at December 31, 2014 181,500 $ 5.56 6.77 $ 13 Granted 383,300 4.33 Exercised — — Forfeited (114,000 ) 6.21 Outstanding at December 31, 2015 450,800 $ 4.48 9.21 $ 131 Exercisable at December 31, 2015 103,300 $ 4.38 7.76 $ 36
Summary of Restricted Stock Activity	The following table summarizes restricted stock activity: Number of Restricted Stock Shares Weighted Average Grant Date Fair Value Nonvested at December 31, 2014 264,793 $ 3.93 Granted 140,708 4.38 Shares vested (116,316 ) 4.18 Shares forfeited (158,827 ) 3.83 Nonvested at December 31, 2015 130,358 $ 4.30

Foreign Exchange Contracts (Tab

Foreign Exchange Contracts (Tables)	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Realized and Unrealized Gains from Foreign Currency Forward Exchange Contracts	The Company recognized in other income, the following realized and unrealized gains from foreign currency forward exchange contracts: (in thousands) Classification 2015 2014 2013 Foreign exchange forward contracts Other Income (Loss) $ — $ (145 ) $ (380 )

Compensation and Benefit Plans

Compensation and Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Plan’s Benefit Obligations	The following table sets forth the Plan’s benefit obligations, fair value of plan assets, and funded status at December 31, 2015 and 2014: 2015 2014 (in thousands) Reconciliation of benefit obligation Benefit obligation at January 1 $ 230 $ 214 Interest cost 8 8 Benefits paid (92 ) (28 ) Contributions by plan participants 4 4 Actuarial (gain) loss 49 32 Benefit obligation at December 31 199 230 Fair value of plan assets at December 31 — — Funded status at end of year $ (199 ) $ (230 ) Amounts recognized in the balance sheet consist of: Noncurrent assets $ — $ — Current liabilities (18 ) (17 ) Noncurrent liabilities (180 ) (213 ) Accumulated other comprehensive income (74 ) (139 ) Net amount recognized $ (272 ) $ (369 )
Summary of Amounts Recognized in Accumulated Other Comprehensive Income	Amounts recognized in accumulated other comprehensive income (loss) at December 31, 2015 and 2014 consists of: 2015 2014 (in thousands) Prior service cost (credit) $ (254 ) $ (278 ) Net actuarial gain 180 139 Total accumulated other comprehensive income $ (74 ) $ (139 )
Summary of Net Periodic Benefit Cost Recognized	Net periodic benefit cost recognized in the years ended December 31, 2015, 2014 and 2013 was: 2015 2014 2013 (in thousands) Interest cost $ 8 $ 8 $ 18 Prior service credit (24 ) (24 ) — Amortization of gain 7 6 7 Net periodic benefit cost recognized $ (9 ) $ (10 ) $ 25
Summary of Benefit Obligations Recognized in Accumulated Other Comprehensive Income	Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive income (loss) in the years ended December 31, 2015, 2014 and 2013 are as follows: 2015 2014 2013 (in thousands) Net actuarial gain $ 48 $ 33 $ 165 Prior service cost for plan amendment — — (302 ) Prior service credit 24 24 — Amortization of (gain) loss (7 ) (6 ) (7 ) Total recognized in accumulated other comprehensive income (loss) $ 65 $ 51 $ (144 ) Total recognized in net periodic benefit cost and accumulated other comprehensive income (loss) $ 56 $ 41 $ (119 )
Summary of Assumed Health Care Cost Trend Rates	Assumed health care trend rates have a significant effect on the amounts reported for health care plans. A 1% change in assumed health care cost trend rates would have the following effects: 1% Increase 1% Decrease ( in thousands) Effect on total service and interest cost components of periodic postretirement health care benefit cost $ 1 $ (1 ) Effect on the health care component of the accumulated postretirement benefit obligation $ 28 $ (23 )
Summary of Benefits Expected to be Paid from the Postretirement Benefit Plan	The benefits expected to be paid from the postretirement benefit plan are as follows: 2016 2017 2018 2019 2020 2021-2025 (in thousands) Benefits expected to be paid $ 18 $ 20 $ 10 $ 10 $ 11 $ 56
Benefit Obligations [Member]
Summary of Weighted Average Assumptions Used	Weighted average assumptions used to determine benefit obligations at December 31, 2015, 2014 and 2013 were as follows: December 31, 2015 2014 2013 Discount rate 3.95 % 3.65 % 4.45 % Rate of compensation increase N/A N/A N/A Health care cost trend rate 5.90 % 6.20 % 6.50 %
Net Periodic Postretirement Benefit Cost [Member]
Summary of Weighted Average Assumptions Used	Weighted average assumptions used to determine net periodic postretirement benefit cost for the years ended December 31, 2015, 2014 and 2013 were as follows: 2015 2014 2013 Discount rate 3.65 % 4.45 % 3.60 % Expected long-term rate of return on plan assets N/A N/A N/A Rate of compensation increase N/A N/A N/A Health care cost trend rate 6.20 % 6.50 % 8.10 %

Lease (Tables)

Lease (Tables)	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Schedule of Operating Leases Future Minimum Lease Payments	The Company’s future minimum lease payments are as follows: Year Ending December 31, Capital Leases Operating Leases (In thousands) 2016 $ 319 $ 622 2017 290 451 2018 248 398 2019 131 368 2020 — 350 Thereafter — 636 Total minimum lease payments 988 $ 2,825 Less: Amount representing interest 49 Present value of minimum lease payments 939 Less: Current maturities 223 Capital lease obligations, net of current portion $ 716

Business Segment Information (T

Business Segment Information (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information by Segment	Summary by Business Segments Year ended December 31, 2015 2014 2013 (in thousands) Net Revenue: Cinema $ 62,199 $ 63,781 $ 85,451 Digital Media 31,837 32,494 19,105 Total segment net revenue 94,036 96,275 104,556 Eliminations (1,207 ) (1,189 ) (946 ) Total net revenue 92,829 95,086 103,610 Operating income (loss): Cinema 7,317 6,119 7,864 Digital Media (1,024 ) (24 ) 1,100 Total segment operating income 6,293 6,095 8,964 Unallocated general and administrative expenses (10,822 ) (7,910 ) (8,857 ) Gain (loss) on sale or disposal of assets: Cinema $ (370 ) $ (3 ) $ (13 ) Digital Media (55 ) 13 5 Total gain (loss) on sale or disposal of assets (425 ) 10 (8 ) Income (loss) from operations (4,954 ) (1,805 ) 99 Equity in income (loss) of equity method investments – Cinema $ 96 $ 78 $ (25 ) Other income (expense) Cinema $ 227 $ 483 $ (25 ) Cinema – fair value adjustment to notes receivable (1,595 ) — — Cinema – foreign currency transaction gain (loss) 1,875 825 850 Digital Media – foreign currency transaction gain (loss) (263 ) (214 ) — Digital Media 30 164 52 Corporate asset 118 — — Total other income $ 392 $ 1,258 $ 877 Income (loss) before taxes $ (4,466 ) $ (469 ) $ 951 Year ended December 31, 2015 2014 2013 (in thousands) Expenditures on capital equipment: Cinema $ 143 $ 442 $ 370 Digital Media 299 1,540 165 Total expenditures on capital equipment $ 442 $ 1,982 $ 535 Depreciation, amortization and impairment: Cinema $ 1,545 $ 1,208 $ 1,308 Digital Media 1,425 716 203 Total depreciation, amortization and impairment $ 2,970 $ 1,924 $ 1,511
Reconciliation of Assets from Segment to Consolidated	December 31, 2015 2014 (in thousands) Identifiable assets Cinema $ 45,443 $ 64,083 Digital Media 15,319 25,272 Corporate assets 6,102 — Total $ 66,864 $ 89,355
Schedule of Segment Reporting Information by Geographic Area	2015 2014 2013 (in thousands) Net revenue United States $ 60,615 $ 62,149 $ 67,348 China 18,180 14,010 16,580 Canada 5,074 5,661 3,709 South America 3,540 8,288 11,788 Mexico 2,870 2,718 1,254 Europe 1,569 1,189 1,216 Asia (excluding China) 474 910 843 Other 507 161 872 Total $ 92,829 $ 95,086 $ 103,610
Summary of Identifiable Assets by Geographical Area	December 31, 2015 2014 (in thousands) Identifiable assets United States $ 32,783 $ 59,988 Canada 25,698 19,305 China 7,051 7,002 Asia (excluding China) 1,332 3,060 Total $ 66,864 $ 89,355

Quarterly Financial Data (Una50

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Summary of the Unaudited Quarterly Results of Operations	The following is a summary of the unaudited quarterly results of operations for 2015 and 2014. 2015 2014 First Quarter Second Quarter Third Quarter Fourth Quarter First Quarter Second Quarter Third Quarter Fourth Quarter (in thousands, except per share data) Net revenue $ 22,470 $ 19,723 $ 23,512 $ 27,124 $ 22,021 $ 22,027 $ 22,664 $ 28,374 Gross profit 4,261 3,676 3,968 5,682 4,216 4,247 4,057 5,640 Net earnings (loss) (10,164 ) (2,919 ) (3,201 ) (1,183 ) (594 ) 381 (109 ) 318 Basic and diluted earnings (loss) per share: Basic(1) (0.72 ) (0.21 ) (0.23 ) (0.08 ) (0.04 ) 0.03 (0.01 ) 0.02 Diluted(1) (0.72 ) (0.21 ) (0.23 ) (0.08 ) (0.04 ) 0.03 (0.01 ) 0.02 Stock price: High 5.05 5.13 4.88 4.87 5.15 4.89 4.69 4.50 Low 4.01 4.00 3.42 4.24 4.46 3.76 3.65 3.79 (1) Earnings per share is computed independently for each of the quarters. Therefore, the sum of the quarterly earnings per share may not equal the total for the year.

Schedule II Valuation and Qua51

Schedule II Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Dec. 31, 2015
Valuation and Qualifying Accounts [Abstract]
Schedule of Valuation Allowance Accounts for Inventory and Receivables	Balance at beginning of year Charged to costs and expenses Acquisitions Amounts Written off(1) Foreign Exchange Translation Balance at end of year Allowance for doubtful accounts: Year ended December 31, 2015 $ 679 $ 1,379 $ — $ (110 ) $ (21 ) $ 1,927 Year ended December 31, 2014 703 92 — (112 ) (4 ) 679 Year ended December 31, 2013 487 273 314 (363 ) (8 ) 703 Inventory reserves: Year ended December 31, 2015 $ 2,190 $ 1,970 $ — $ (2,245 ) $ 65 $ 1,980 Year ended December 31, 2014 1,792 470 — (71 ) (1 ) 2,190 Year ended December 31, 2013 1,494 323 597 (622 ) — 1,792 (1) The deductions from reserves are net of recoveries.

Summary of Significant Accoun52

Summary of Significant Accounting Policies (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Equity method investments amount	$ 4,001
Receivable with Imputed Interest, Effective Yield (Interest Rate)	3.25%
Time Sharing Transactions, Weighted Average of Stated Interest Rates for Notes Receivable	15.00%
Other Inventory, Materials, Supplies and Merchandise under Consignment, Gross	$ 100	$ 300
Research and Development Expense	100	200	$ 100
Advertising Expense	600	$ 500	$ 500
Fair value of notes receivable	$ 1,595
Percentage of discounted cash flow valuation	55.00%	0.00%
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares)	126,148	141,936
Foreign currency translation other comprehensive income (loss)	$ 22,000
Warranty periods	1 year
Adopted ASU 2015-17 [Member]
Current deferred tax assets reclassified to noncurrent deferred tax assets	$ 3,500
Noncurrent deferred tax liabilities reclassified as an offset to noncurrent deferred tax assets		$ 700
OptionExercisePrice in Excess of Average Market Price [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares)	419,025
OptionExercisePrice in Excess of Average Market Price [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares)		181,500	291,000
Buildings and improvements [Member]
Property, Plant and Equipment, Useful Life	20 years
Office Furniture and Fixtures [Member]
Property, Plant and Equipment, Useful Life	7 years
Computers and Accessories [Member]
Property, Plant and Equipment, Useful Life	3 years
Minimum [Member]
Lease Terms	3 years
Minimum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment, Useful Life	3 years
Maximum [Member]
Lease Terms	5 years
Maximum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment, Useful Life	10 years
Relm Wireless Corp [Member]
Equity ownership interest rate percentage	7.80%
Equity method investments amount	$ 4,000
Equity method investment, aggregate cost	4,000
Quoted market value of the Company’s ownership	$ 4,200
Relm Wireless Corp [Member] | Chief Executive Officer [Member] | Minimum [Member]
Minimum combined ownership interest	20.00%

Summary of Signficant Accountin

Summary of Signficant Accounting Policies - Schedule of Marketable Securities (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Marketable securities Cost	$ 1,983
Marketable securities Estimated Fair Value	2,101
Marketable Securities [Member] | Unrealized Gains [Member]
Marketable securities Gross Unrealized Gains Loss	$ 118
Marketable Securities [Member] | Unrealized Losses [Member]
Marketable securities Gross Unrealized Gains Loss

Summary of Significant Accoun54

Summary of Significant Accounting Policies - Schedule of Fair Value Measured Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Cash and cash equivalents	$ 22,070	$ 22,491
Marketable securities	2,101
Notes receivable	1,669	2,985
Level 1 [Member]
Cash and cash equivalents	22,070	$ 22,491
Marketable securities	$ 2,101
Notes receivable
Level 2 [Member]
Cash and cash equivalents
Marketable securities
Notes receivable
Level 3 [Member]
Cash and cash equivalents
Marketable securities
Notes receivable	$ 1,669	$ 2,985

Summary of Significant Accoun55

Summary of Significant Accounting Policies - Summary of Quantitative Information About Company's Level 3 Fair Value Measurements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Note receivable	$ 1,669	$ 2,985
Probability of default	55.00%	0.00%
Level 3 [Member]
Note receivable	$ 1,669	$ 2,985
Valuation Technique	Discounted cash flow
Probability of default	55.00%
Discount rate	18.00%

Summary of Significant Accoun56

Summary of Significant Accounting Policies - Summary of Notes Receivable Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounting Policies [Abstract]
Note Receivable balance, beginning of period	$ 2,985	$ 2,497
Interest income accrued	279	$ 488
Fair value adjustment	(1,595)
Note Receivable balance, end of period	$ 1,669	$ 2,985	$ 2,497

Summary of Significant Accoun57

Summary of Significant Accounting Policies - Schedule of Reconciliation Between Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 31, 2015	[1]	Sep. 30, 2015	[1]	Jun. 30, 2015	[1]	Mar. 31, 2015	[1]	Dec. 31, 2014	[1]	Sep. 30, 2014	[1]	Jun. 30, 2014	[1]	Mar. 31, 2014	[1]	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounting Policies [Abstract]
Earnings (loss) applicable to common stock																	$ (17,467)	$ (4)	$ 163
Weighted average common shares outstanding																	14,135,000	14,061,000	13,999,000
Basic earnings (loss) per share	$ (0.08)		$ (0.23)		$ (0.21)		$ (0.72)		$ 0.02		$ (0.01)		$ 0.03		$ (0.04)		$ (1.24)	$ 0	$ 0.01
Earnings (loss) applicable to common stock																	$ (17,467)	$ (4)	$ 163
Weighted average common shares outstanding																	14,135,000	14,061,000	13,999,000
Assuming conversion of options and restricted stock awards outstanding																			32
Weighted average common shares outstanding, as adjusted																	14,135,000	14,061,000	14,031,000
Diluted earnings (loss) per share	$ (0.08)		$ (0.23)		$ (0.21)		$ (0.72)		$ 0.02		$ (0.01)		$ 0.03		$ (0.04)		$ (1.24)	$ 0	$ 0.01
[1]	Earnings per share is computed independently for each of the quarters. Therefore, the sum of the quarterly earnings per share may not equal the total for the year.

Summary of Significant Accoun58

Summary of Significant Accounting Policies - Schedule of Product Warranty Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounting Policies [Abstract]
Warranty accrual at beginning of period	$ 423	$ 662	$ 770
Charged to expense	535	332	349
Amounts written off, net of recoveries	(611)	(559)	(473)
Foreign currency translation adjustment	(37)	(12)	16
Warranty accrual at end of period	$ 310	$ 423	$ 662

Acquisitions (Details Narrative

Acquisitions (Details Narrative) - USD ($) $ in Thousands	Oct. 01, 2013	Sep. 13, 2013	Dec. 31, 2013
Peintures Elite Inc [Member]
Payments to acquire businesses, gross		$ 1,700
Goodwill, acquired during period		1,200
Amortizable other intangibles, acquired during period		$ 600
CMS [Member]
Payments to acquire businesses, gross	$ 17,400
Goodwill, acquired during period	0
Business acquisition cost of acquired entity purchase price before working capital adjustments	16,000
Cash acquired from acquisition	$ 400
Business combination, pro forma information, revenue of acquiree since acquisition date, actual			$ 7,100
Business combination, pro forma information, earnings or loss of acquiree since acquisition date, actual			1,000
Business acquisition, transaction costs			$ 600

Acquisitions - Schedule of Reco

Acquisitions - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - CMS [Member] $ in Thousands	Oct. 02, 2013USD ($)
Current Assets	$ 10,987
Property and equipment	4,989
Other Assets	3,686
Software	$ 233
Goodwill
Total acquired assets	$ 19,895
Current liabilities	2,336
Long-term liabilities	137
Total liabilities assumed	2,473
Net assets acquired	$ 17,422

Acquisitions - Business Acquisi

Acquisitions - Business Acquisition, Pro Forma Information (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2013USD ($)$ / shares
Business Combinations [Abstract]
Revenue | $	$ 129,737
Net income (loss) | $	$ 1,041
Net income (loss) per share – basic | $ / shares	$ 0.07
Net income (loss) per share – diluted | $ / shares	$ 0.07

Inventories (Details Narrative)

Inventories (Details Narrative) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Inventory Valuation Reserves	$ 2,000	$ 2,300

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Raw materials and components	$ 1,351	$ 2,281
Work in process	190	632
Finished goods	8,152	11,195
Inventories net	$ 9,693	$ 14,108

Property, Plant and Equipment64

Property, Plant and Equipment (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Abstract]
Depreciation	$ 2,100	$ 1,700	$ 1,400

Property, Plant and Equipment -

Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 18,495	$ 19,748
Less accumulated depreciation	(6,727)	(5,834)
Net property, plant and equipment	11,768	13,914
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,596	1,605
Buildings and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	8,989	10,203
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,757	4,227
Office Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 4,153	$ 3,713

Restructuring Activities (Detai

Restructuring Activities (Details Narrative) - USD ($) $ in Thousands	12 Months Ended			36 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2013
Severance costs	$ 559		$ 1,417
Lease termination costs	219
Restructuring Charges			$ 58
2015 Strategic Initiative [Member]
Severance costs	559
Lease termination costs	219
2015 Strategic Initiative [Member] | Administrative Expenses [Member]
Severance costs	600
Lease termination costs	$ 200
2013 Convergent Related Restructuring [Member]
Severance costs			$ 1,417
Lease termination costs
Restructuring Charges			$ 58
2011 Corporate Wide Strategic Initiative [Member]
Severance costs
Lease termination costs
Restructuring Charges				$ 1,400
Expected To Incur In Relation To Integration [Member] | 2013 Convergent Related Restructuring [Member]
Severance costs			$ 1,500

Restructuring Activities - Sche

Restructuring Activities - Schedule of Beginning and Ending Restructuring Balance Included in Accrued Expenses (Details) - USD ($) $ in Thousands	12 Months Ended			36 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2013
Balance, restructuring liability at December 31	$ 187	$ 896	$ 88
Severance expense included in administrative expenses	559		1,417
Site closure costs included in administrative expenses			58
Severance paid	(673)	(709)	$ 667
Lease termination expense	219
Lease termination paid	(219)
Balance, restructuring liability at December 31	$ 73	$ 187	$ 896	$ 896
2015 Strategic Initiative [Member]
Balance, restructuring liability at December 31
Severance expense included in administrative expenses	$ 559
Severance paid	(486)
Lease termination expense	219
Lease termination paid	(219)
Balance, restructuring liability at December 31	73
2013 Convergent Related Restructuring [Member]
Balance, restructuring liability at December 31	187	$ 896
Severance expense included in administrative expenses			$ 1,417
Site closure costs included in administrative expenses			58
Severance paid	$ (187)	$ (709)	$ (579)
Lease termination expense
Lease termination paid
Balance, restructuring liability at December 31		$ 187	$ 896	$ 896
2011 Corporate Wide Strategic Initiative [Member]
Balance, restructuring liability at December 31			$ 88
Severance expense included in administrative expenses
Site closure costs included in administrative expenses				$ 1,400
Severance paid			$ (88)
Lease termination expense
Lease termination paid
Balance, restructuring liability at December 31

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 300	$ 300	$ 100
Assets impairment charges	638
Gross amount of intangible assets impaired, before considering accumulated amortization	$ 900

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Intangible assets, Gross		$ 3,003
Intangible assets, Accumulated amortization		(1,835)
Intangible assets, Net		$ 1,168
Production Formulation [Member]
Intangible assets, Useful life	10 years	10 years
Intangible assets, Gross	$ 440	$ 526
Intangible assets, Accumulated amortization	(205)	(153)
Intangible assets, Net	$ 235	373
Customer Relationships [Member]
Intangible assets, Gross		1,556
Intangible assets, Accumulated amortization		(1,538)
Intangible assets, Net		$ 18
Customer Relationships [Member] | Minimum [Member]
Intangible assets, Useful life		4 years
Customer Relationships [Member] | Maximum [Member]
Intangible assets, Useful life		9 years
Software [Member]
Intangible assets, Useful life		3 years
Intangible assets, Gross		$ 905
Intangible assets, Accumulated amortization		(144)
Intangible assets, Net		$ 761
Software in Development [Member]
Intangible assets, Useful life		3 years
Intangible assets, Gross		$ 16
Intangible assets, Accumulated amortization
Intangible assets, Net		$ 16

Intangible Assets - Schedule 70

Intangible Assets - Schedule of Intangible Assets Future Amortization Expense (Details) $ in Thousands	Dec. 31, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,016	$ 62
2,017	51
2,018	41
2,019	30
2,020	21
Thereafter	$ 30

Goodwill - Summary of Changes i

Goodwill - Summary of Changes in Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Balance	$ 1,029	$ 1,123
Foreign currency translation	(166)	(94)
Balance	$ 863	$ 1,029

Accrued Expenses - Schedule of

Accrued Expenses - Schedule of Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Payables and Accruals [Abstract]
Employee related	$ 1,526	$ 1,797
Legal and professional fees	158	265
Lease expenses	281	86
Warranty obligation	310	423
Joint venture excess distributions	502	596
Interest and taxes	644	575
Post-retirement benefit obligation	27	17
Severance and benefits	245	303
Other	407	304
Total	$ 4,100	$ 4,366

Accrued Expenses - Schedule o73

Accrued Expenses - Schedule of Long Term Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Payables and Accruals [Abstract]
Post-retirement benefit obligation	$ 318	$ 213
Employee related		353
Rent and leasehold improvements	$ 1,263	1,184
Other		26
Total	$ 1,581	$ 1,776

Debt (Details Narrative)

Debt (Details Narrative) $ in Thousands	Dec. 31, 2014USD ($)
Revolving Credit Facility [Member] | Wells Fargo Bank [Member]
Note 11 - Debt (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 20,000

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Valuation allowance	$ (9,081)
Deferred tax assets, operating loss carryforwards	6,995	$ 646
Income Taxes on Accumulated by Undistributed Earnings for Foreign Subsidiaries	8,500
Undistributed Earnings of Foreign Subsidiaries, Not to be Permanently Reinvested	22,000
Deferred Tax Assets Undistributed Foreign Earnings	8,500
Federal and State Tax Purposes [Member]
Deferred tax assets, operating loss carryforwards	$ 6,700
Operating loss carryforwards expiration descriptions	expiring at various times in 2023 through 2025
Foreign Tax Authority [Member]
Tax credit carryforward, amount	$ 2,900
Undistributed Earnings of Foreign Subsidiaries, Not to be Permanently Reinvested	20,800
Foreign Tax Authority [Member] | State Administration of Taxation, China [Member]
Deferred tax assets, operating loss carryforwards	$ 300
Operating loss carryforwards expiration descriptions	expiring at various times beginning 2018 through 2019.

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income before Income Tax, Domestic and Foreign (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
United States	$ (16,630)	$ (9,774)	$ (5,916)
Foreign	12,164	9,305	6,867
Total	$ (4,466)	$ (469)	$ 951

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Federal: Current	$ 1,538	$ 592	$ 218
Federal: Deferred	7,348	(3,333)	(1,141)
Federal: Total	8,886	(2,741)	(923)
State: Current	(1,301)	316	(62)
State: Deferred	635	(589)	(86)
State: Total	(666)	(273)	(148)
Foreign: Current	3,597	3,196	1,661
Foreign: Deferred	1,184	(647)	198
Foreign: Total	4,781	2,549	1,859
Income tax expense (benefit)	$ 13,001	$ (465)	$ 788

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Expected federal income tax expense (benefit)	$ (1,519)	$ (160)	$ 323
State income taxes, net of federal benefit	(333)	(153)	(88)
Foreign tax rates varying from 34%	(830)	(623)	(489)
Change in foreign reinvestment strategy	6,650	$ 429	$ 1,038
Valuation allowance	9,081
Other	(48)	$ 42	$ 4
Income tax expense (benefit)	$ 13,001	$ (465)	$ 788
Expected federal income tax expense (benefit)	(34.00%)	(34.00%)	34.00%
State income taxes, net of federal benefit	(7.40%)	(32.50%)	(9.30%)
Foreign tax rates varying from 34%	(18.60%)	(132.70%)	(51.40%)
Change in foreign reinvestment strategy	148.90%	91.40%	109.20%
Valuation allowance	203.30%	0.00%	0.00%
Other	(1.10%)	8.70%	0.40%
Total	(291.10%)	(99.10%)	82.90%

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Deferred revenue	$ 1,567	$ 2,028
Non-deductible accruals	330	528
Inventory reserves	550	768
Stock compensation expense	215	289
Warranty reserves	107	130
Uncollectible receivable reserves	608	231
Accrued group health insurance claims	137	120
Restructuring reserves	89	111
Net operating losses	6,995	$ 646
Fair value adjustment to notes receivable	637
Foreign tax credits	2,867	$ 2,854
Depreciation and amortization	448	707
Accumulated other comprehensive income	1,745	276
Other	(11)	8
Net deferred tax assets	16,284	$ 8,696
Valuation allowance	(9,081)
Net deferred tax assets after valuation allowance	7,203	$ 8,696
Depreciation and amortization	494	444
Equity in income (loss) of equity method investments	$ (47)	(51)
Intangibles		238
Cash repatriation	$ 8,472	329
Net deferred tax liabilities	8,919	960
Net deferred tax assets	$ (1,716)	$ 7,736

Financing Receivable - Schedule

Financing Receivable - Schedule of Sales-type Lease Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Receivables [Abstract]
Current	$ 1,185	$ 1,372
Noncurrent	$ 198	$ 1,383

Financing Receivable - Schedu81

Financing Receivable - Schedule of Maturities of Minimum Lease Payments Outstanding (Details) $ in Thousands	Dec. 31, 2015USD ($)
Receivables [Abstract]
December 31, 2016	$ 1,185
December 31, 2017	198
Total	$ 1,383

Notes Receivable (Details Narra

Notes Receivable (Details Narrative)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2011
Time sharing transactions, weighted average of stated interest rates for notes receivable	15.00%
Unpaid Interest Accrual Rate [Member]
Time sharing transactions, weighted average of stated interest rates for notes receivable		15.00%

Deferred Revenue (Details Narra

Deferred Revenue (Details Narrative) $ in Thousands	Dec. 31, 2015USD ($)
Extended Warranties [Member] | 2016 [Member]
Expected revenue recogization	$ 900

Deferred Revenue - Schedule of

Deferred Revenue - Schedule of Amounts Included in Deferred Revenue Related to Extended Warranties (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred Revenue Disclosure [Abstract]
Extended warrantydeferrals expected to be recognized within one year	$ 895	$ 715
Extended warranty deferralsexpected to be recognized after one year	1,108	2,003
Total revenue deferred for extended warranty	$ 2,003	$ 2,718

Stock Compensation (Details Nar

Stock Compensation (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2005
Number of shares granted	383,300	0	22,500
Share-based compensation arrangement by share-based payment award, options, grants in period, weighted average grant date fair value	$ 1.44		$ 1.85
Share-based compensation arrangement by share-based payment award, options, nonvested, number	347,500
Total unrecognized compensation cost related to stock option awards	$ 500
Compensation cost expected to be recognized, weighted average period	4 years 10 months 24 days
Restricted Stock [Member]
Share-based compensation arrangement by share-based payment award, weighted average grant date fair value of restricted stock awarded	$ 4.38	$ 3.86	$ 4.28
Total unrecognized compensation cost related to stock option awards	$ 400
Compensation cost expected to be recognized, weighted average period	1 year 9 months 18 days
Share-based compensation arrangement by share-based payment award, equity instruments other than options, grants in period	140,708	214,260	87,500
Year 2010 Plan [Member]
Number of shares reserved for issuance	1,600,000
Number of shares granted	383,300		22,500
Year 2010 Plan [Member] | Restricted Stock [Member]
Number of shares granted	87,500	172,500	9,000
Available For Issuance Under 2010 Plan [Member]
Number of shares reserved for issuance	978,500
The 2005 Plan [Member] | Restricted Stock [Member]
Number of shares reserved for issuance				250,000
Share-based compensation arrangement by share-based payment award, equity instruments other than options, grants in period			41,000
Non Employee Plan [Member] | Restricted Stock [Member]
Number of shares reserved for issuance		250,000
Share-based compensation arrangement by share-based payment award, equity instruments other than options, grants in period	53,208	41,760	37,500

Stock Compensation - Schedule o

Stock Compensation - Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Selling, General and Administrative Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share based compensation expense	$ 501	$ 427	$ 461

Stock Compensation - Schedule87

Stock Compensation - Schedule of Weighted Average Fair Value Assumptions Used in Grant Date Fair Value of Purchase Rights Outstanding (Details) - Employee Stock Option [Member]	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2013
Note 16 - Stock Compensation (Details) - Weighted Average Fair Value Assumptions Used In Grant Date Fair Value Of Purchase Rights Outstanding [Line Items]
Expected dividend yield at date of grant	0.00%	0.00%
Risk-free interest rate	1.87%	0.90%
Expected stock price volatility	32.06%	58.50%
Expected life of options (in years)	6 years	5 years 6 months

Stock Compensation - Summary of

Stock Compensation - Summary of Stock Options Activities (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of Options, Outstanding beginning balance	181,500
Number of Options, Granted	383,300	0	22,500
Number of Options, Exercised
Number of Options, Forfeited	(114,000)
Number of Options, Outstanding ending balance	450,800	181,500
Number of Options, Exercisable	103,300
Weighted Average Exercise Price Per Share, Outstanding beginning balance	$ 5.56
Weighted Average Exercise Price Per Share, Granted	$ 4.33
Weighted Average Exercise Price Per Share, Exercised
Weighted Average Exercise Price Per Share, Forfeited	$ 6.21
Weighted Average Exercise Price Per Share, Outstanding ending balance	4.48	$ 5.56
Weighted Average Exercise Price Per Share, Exercisable	$ 4.38
Weighted Average Remaining Contractual Term, beginning balance	6 years 9 months 7 days
Weighted Average Remaining Contractual Term, ending balance	9 years 2 months 16 days
Weighted Average Remaining Contractual Term, Exercisable	7 years 9 months 4 days
Aggregate Intrinsic Value, beginning balance	$ 13
Aggregate Intrinsic Value, ending balance	131	$ 13
Aggregate Intrinsic Value, Exercisable	$ 36

Stock Compensation - Summary 89

Stock Compensation - Summary of Restricted Stock Activity (Details) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Number of Restricted Stock Shares, Non-vested beginning balance	264,793
Number of Restricted Stock Shares, Granted	140,708	214,260	87,500
Number of Restricted Stock Shares, vested	(116,316)
Number of Restricted Stock Shares, forfeited	(158,827)
Number of Restricted Stock Shares, Non-vested beginning balance	130,358	264,793
Weighted Average Grant Price Fair Value, Non-vested beginning balance	$ 3.93
Weighted Average Grant Price Fair Value, Granted	4.38	$ 3.86	$ 4.28
Weighted Average Grant Price Fair Value, Vested	4.18
Weighted Average Grant Price Fair Value, Forfeited	3.83
Weighted Average Grant Price Fair Value, Non-vested ending balance	$ 4.30	$ 3.93

Foreign Exchange Contracts - Sc

Foreign Exchange Contracts - Schedule of Realized and Unrealized Gains from Foreign Currency Forward Exchange Contracts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Foreign Currency [Abstract]
Classification	Other Income (Loss)
Foreign exchange forward contracts		$ (145)	$ (380)

Compensation and Benefit Plan91

Compensation and Benefit Plans (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
Short term incentive plan cost recognized	$ 0	$ 0	$ 400
Defined contribution plan, maximum annual contributions per employee, percent	100.00%
Defined contribution plan, employer matching contribution, percent of employees' gross pay	50.00%
Defined contribution employee deferral percent employer match applies	6.00%
Defined contribution employer contributions	$ 400	$ 300	$ 200
Defined benefit plan, health care cost trend rate assumed for next fiscal year	6.20%
Defined benefit plan, ultimate health care cost trend rate	5.00%
Defined benefit plans, estimated future employer contributions in next fiscal year	$ 20

Compensation and Benefit Plan92

Compensation and Benefit Plans - Summary of Plan's Benefit Obligations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
Reconciliation of benefit obligation, Benefit obligation at January 1	$ 230	$ 214
Reconciliation of benefit obligation, Interest cost	8	8	$ 18
Reconciliation of benefit obligation, Benefits paid	(92)	(28)
Reconciliation of benefit obligation, Contributions by plan participants	4	4
Reconciliation of benefit obligation, Actuarial (gain) loss	49	32
Reconciliation of benefit obligation, Benefit obligation at December 31	199	230	$ 214
Reconciliation of benefit obligation, Funded status at end of year	$ (199)	$ (230)
Amounts recognized in the balance sheet consist of: Noncurrent assets
Amounts recognized in the balance sheet consist of: Current liabilities	$ (18)	$ (17)
Amounts recognized in the balance sheet consist of: Noncurrent liabilities	(180)	(213)
Amounts recognized in the balance sheet consist of: Accumulated other comprehensive income	(74)	(139)
Amounts recognized in the balance sheet consist of: Net amount recognized	$ (272)	$ (369)

Compensation and Benefit Plan93

Compensation and Benefit Plans - Summary of Amounts Recognized in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Prior service cost (credit)	$ (254)	$ (278)
Net actuarial gain	180	139
Total accumulated other comprehensive income	$ (74)	$ (139)

Compensation and Benefit Plan94

Compensation and Benefit Plans - Summary of Net Periodic Benefit Cost Recognized (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
Interest cost	$ 8	$ 8	$ 18
Prior service credit	(24)	(24)
Amortization of gain	7	6	$ 7
Net periodic benefit cost recognized	$ (9)	$ (10)	$ 25

Compensation and Benefit Plan95

Compensation and Benefit Plans - Summary of Benefit Obligations Recognized in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Note 18 - Compensation and Benefit Plans (Details) - Changes in Plan Assets and Benefit Obligations [Line Items]
Net actuarial gain	$ 48	$ 33	$ 165
Prior service credit	24	24
Amortization of (gain) loss	(7)	(6)	$ (7)
Total recognized in accumulated other comprehensive income (loss)	65	51	(144)
Total recognized in net periodic benefit cost and accumulated other comprehensive income (loss)	$ 56	$ 41	(119)
Prior Service Cost For Plan Amendment [Member]
Note 18 - Compensation and Benefit Plans (Details) - Changes in Plan Assets and Benefit Obligations [Line Items]
Prior service credit			$ (302)

Compensation and Benefit Plan96

Compensation and Benefit Plans - Summary of Weighted Average Assumptions Used to Determine Benefit Obligations (Details)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
Discount rate	3.95%	3.65%	4.45%
Rate of compensation increase
Health care cost trend rate	5.90%	6.20%	6.50%

Compensation and Benefit Plan97

Compensation and Benefit Plans - Summary of Weighted Average Assumptions Used to Determine Net Periodic Postretirement Benefit (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
Discount rate	3.65%	4.45%	3.60%
Expected long-term rate of return on plan assets
Rate of compensation increase
Health care cost trend rate	6.20%	6.50%	8.10%

Compensation and Benefit Plan98

Compensation and Benefit Plans - Summary of Assumed Health Care Cost Trend Rates (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Compensation and Retirement Disclosure [Abstract]
Effect on total service and interest cost components of periodic postretirement health care benefit cost	$ 1
Effect on total service and interest cost components of periodic postretirement health care benefit cost	(1)
Effect on the health care component of the accumulated postretirement benefit obligation	28
Effect on the health care component of the accumulated postretirement benefit obligation	$ (23)

Compensation and Benefit Plan99

Compensation and Benefit Plans - Summary of Benefits Expected to be Paid from the Postretirement Benefit Plan (Details) $ in Thousands	Dec. 31, 2015USD ($)
Compensation and Retirement Disclosure [Abstract]
Benefits expected to be paid, 2016	$ 18
Benefits expected to be paid, 2017	20
Benefits expected to be paid, 2018	10
Benefits expected to be paid, 2019	10
Benefits expected to be paid, 2020	11
Benefits expected to be paid, 2021-2025	$ 56

Leases (Details Narrative)

Leases (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Leases [Abstract]
Operating Leases, Rent Expense	$ 800	$ 1,000	$ 700

Leases - Schedule of Operating

Leases - Schedule of Operating Leases Future Minimum Lease Payments (Details) $ in Thousands	Dec. 31, 2015USD ($)
Leases [Abstract]
Capital Leases, 2016	$ 319
Capital Leases, 2017	290
Capital Leases, 2018	248
Capital Leases, 2019	$ 131
Capital Leases, 2020
Capital Leases, Thereafter
Total minimum Capital lease payments	$ 988
Less: Amount representing interest	49
Present value of minimum lease payments	939
Less: Current maturities	223
Capital lease obligations, net of current portion	716
Operating Leases, 2016	622
Operating Leases, 2017	451
Operating Leases, 2018	398
Operating Leases, 2019	368
Operating Leases, 2020	350
Operating Leases, Thereafter	636
Total minimum Operating lease payments	$ 2,825

Contingencies and Concentrat102

Contingencies and Concentrations (Details Narrative)	12 Months Ended
	Dec. 31, 2015Customer
Concentration Risk, Number of Customers	10
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Concentration Risk, Percentage	42.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member]
Concentration Risk, Percentage	33.00%

Business Segment Information (D

Business Segment Information (Details Narrative)	12 Months Ended
	Dec. 31, 2015Segments
Segment Reporting [Abstract]
Number of business segment	2

Business Segment Information -

Business Segment Information - Schedule of Segment Reporting Information by Segment (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Total segment revenue	$ 27,124	$ 23,512	$ 19,723	$ 22,470	$ 28,374	$ 22,664	$ 22,027	$ 22,021	$ 92,829	$ 95,086	$ 103,610
Operating Income (Loss)									(4,954)	(1,805)	99
Unallocated general and administrative expenses									(16,594)	(12,740)	(12,773)
Equity in income (loss) of equity method investments									96	78	(25)
Other income(expense)									392	$ 1,258	$ 877
Fair value adjustment to notes receivable									(1,595)
Foreign currency transaction gain (loss)									1,612	$ 611	$ 850
Income (loss) before taxes									(4,466)	(469)	951
Depreciation, amortization and impairment									2,332	1,924	1,511
Business Segments [Member]
Segment Reporting Information [Line Items]
Total segment revenue									94,036	96,275	104,556
Eliminations									(1,207)	(1,189)	(946)
Net Revenue									92,829	95,086	103,610
Operating Income (Loss)									6,293	6,095	8,964
Unallocated general and administrative expenses									(10,822)	(7,910)	(8,857)
Gain (loss) on sale or disposal of assets									(425)	10	(8)
Income (loss) from operations									(4,954)	(1,805)	99
Other income(expense)									392	$ 1,258	$ 877
Corporate asset									118
Income (loss) before taxes									(4,466)	$ (469)	$ 951
Expenditures on capital equipment									442	1,982	535
Depreciation, amortization and impairment									2,970	1,924	1,511
Cinema [Member] | Business Segments [Member]
Segment Reporting Information [Line Items]
Total segment revenue									62,199	63,781	85,451
Operating Income (Loss)									7,317	6,119	7,864
Gain (loss) on sale or disposal of assets									(370)	(3)	(13)
Equity in income (loss) of equity method investments									96	78	(25)
Other income(expense)									227	$ 483	$ (25)
Fair value adjustment to notes receivable									(1,595)
Foreign currency transaction gain (loss)									1,875	$ 825	$ 850
Expenditures on capital equipment									143	442	370
Depreciation, amortization and impairment									1,545	1,208	1,308
Digital Media [Member] | Business Segments [Member]
Segment Reporting Information [Line Items]
Total segment revenue									31,837	32,494	19,105
Operating Income (Loss)									(1,024)	(24)	1,100
Gain (loss) on sale or disposal of assets									(55)	13	5
Other income(expense)									30	164	$ 52
Foreign currency transaction gain (loss)									(263)	(214)
Expenditures on capital equipment									299	1,540	$ 165
Depreciation, amortization and impairment									$ 1,425	$ 716	$ 203

Business Segment Information105

Business Segment Information - Reconciliation of Assets from Segment to Consolidated (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Identifiable assets	$ 66,864	$ 89,355
Business Segments [Member]
Identifiable assets	66,864	89,355
Cinema [Member] | Business Segments [Member]
Identifiable assets	45,443	64,083
Digital Media [Member] | Business Segments [Member]
Identifiable assets	15,319	$ 25,272
Corporate Assets [Member] | Business Segments [Member]
Identifiable assets	$ 6,102

Business Segment Information106

Business Segment Information - Schedule of Segment Reporting Information by Geographic Area (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net revenue	$ 27,124	$ 23,512	$ 19,723	$ 22,470	$ 28,374	$ 22,664	$ 22,027	$ 22,021	$ 92,829	$ 95,086	$ 103,610
United States [Member]
Net revenue									60,615	62,149	67,348
China [Member]
Net revenue									18,180	14,010	16,580
Canada [Member]
Net revenue									5,074	5,661	3,709
South America [Member]
Net revenue									3,540	8,288	11,788
Mexico [Member]
Net revenue									2,870	2,718	1,254
Europe [Member]
Net revenue									1,569	1,189	1,216
Asia Excluding China [Member]
Net revenue									474	910	843
Other Countries [Member]
Net revenue									$ 507	$ 161	$ 872

Business Segment Information107

Business Segment Information - Summary of Identifiable Assets by Geographical Area (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Identifiable assets	$ 66,864	$ 89,355
United States [Member]
Identifiable assets	32,783	59,988
Canada [Member]
Identifiable assets	25,698	19,305
China [Member]
Identifiable assets	7,051	7,002
Asia Excluding China [Member]
Identifiable assets	$ 1,332	$ 3,060

Quarterly Financial Data (Un108

Quarterly Financial Data (Unaudited) - Summary of the Unaudited Quarterly Results of Operations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 31, 2015		Sep. 30, 2015		Jun. 30, 2015		Mar. 31, 2015		Dec. 31, 2014		Sep. 30, 2014		Jun. 30, 2014		Mar. 31, 2014		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net revenue	$ 27,124		$ 23,512		$ 19,723		$ 22,470		$ 28,374		$ 22,664		$ 22,027		$ 22,021		$ 92,829	$ 95,086	$ 103,610
Gross profit	5,682		3,968		3,676		4,261		5,640		4,057		4,247		4,216		17,587	18,160	16,845
Net earnings (loss)	$ (1,183)		$ (3,201)		$ (2,919)		$ (10,164)		$ 318		$ (109)		$ 381		$ (594)		$ (17,467)	$ (4)	$ 163
Earnings (loss) per share, Basic	$ (0.08)	[1]	$ (0.23)	[1]	$ (0.21)	[1]	$ (0.72)	[1]	$ 0.02	[1]	$ (0.01)	[1]	$ 0.03	[1]	$ (0.04)	[1]	$ (1.24)	$ 0	$ 0.01
Earnings (loss) per share, Diluted	(0.08)	[1]	(0.23)	[1]	(0.21)	[1]	(0.72)	[1]	0.02	[1]	(0.01)	[1]	0.03	[1]	(0.04)	[1]	(1.24)	0	$ 0.01
Minimum [Member]
Stock price	4.24		3.42		4		4.01		3.79		3.65		3.76		4.46		4.24	3.79
Maximum [Member]
Stock price	$ 4.87		$ 4.88		$ 5.13		$ 5.05		$ 4.50		$ 4.69		$ 4.89		$ 5.15		$ 4.87	$ 4.50
[1]	Earnings per share is computed independently for each of the quarters. Therefore, the sum of the quarterly earnings per share may not equal the total for the year.

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - Fundamental Global Investors, LLC [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Percentage of affiliates hold outstanding shares of common stock approximately	22.07%
Expenses incurred in connection with proxy contest and settlement agreement amount	$ 178,415

Schedule II Valuation and Qu110

Schedule II Valuation and Qualifying Accounts - Schedule of Valuation Allowance Accounts for Inventory and Receivables (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for Doubtful Accounts [Member]
Balance, beginning		$ 679	$ 703	$ 487
Charged to costs and expenses		$ 1,379	$ 92	273
Acquisitions				314
Amounts written off	[1]	$ (110)	$ (112)	(363)
Foreign exchange translation		(21)	(4)	(8)
Balance, ending		1,927	679	703
Inventory Valuation Reserve [Member]
Balance, beginning		2,190	1,792	1,494
Charged to costs and expenses		$ 1,970	$ 470	323
Acquisitions				597
Amounts written off	[1]	$ (2,245)	$ (71)	$ (622)
Foreign exchange translation		65	(1)
Balance, ending		$ 1,980	$ 2,190	$ 1,792
[1]	The deductions from reserves are net of recoveries.