XML 23 R45.htm IDEA: XBRL DOCUMENT v3.20.1
Post-Retirement Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2019
Retirement Benefits [Abstract]  
Schedule Of Defined Benefit Plan Assumptions
The benefit obligation is calculated as the present value of estimated future benefits to be paid, using the following assumptions for the years ended December 31: 
Retirement Benefit Obligation Assumptions:
 
2018
 
2017
 
 
 
 
 
Compensation rate increase
 
2.75
%
 
3.00
%
Discount rate
 
1.50
%
 
1.25
%
Employee turn-over
 
Actuarial standard and average of the last 5 years
Average age of retirement
 
60 to 65 years actuarial standard based on age and professional status
Schedule of Changes in Accumulated Postemployment Benefit Obligations
Changes in the funded status of the retirement indemnity benefit plans were as follows for the years ended December 31: 
Retirement Benefit Obligation Activity:
 
2019
 
2018
 
 
 
 
 
Retirement indemnity benefit obligation, beginning of year
 
$
1,024

 
$
1,303

Service cost
 
—

 
93

Interest cost
 
—

 
17

Plan amendment
 
—

 
—

Benefits paid
 
—

 
(12
)
Curtailment gain
 
(1,000
)
 
(148
)
Actuarial loss
 
—

 
(178
)
Exchange rate changes
 
(24
)
 
(51
)
Retirement indemnity benefit obligation, end of year
 
$
—

 
$
1,024