EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2017

Retirement Benefits [Abstract]

Benefit Plan's projected benefit obligation and valuation of plan assets

The Benefit Plan’s projected benefit obligation and valuation of plan assets were as follows for the years ended December 31 (in thousands):

Projected benefit obligation:	2017			2016
Balance, beginning of year	$	451		$	479
Service cost	76			83
Interest cost	2			2
Liability (gain) loss	(9		)	6
Benefits paid to participants	(170		)	(138		)
Foreign currency	17			19
Balance, end of year	$	367		$	451
Plan assets:	2017			2016
Fair value, beginning of year	$	—		$	—
Company contributions	170			138
Benefits paid to participants	(170		)	(138		)
Fair value, end of year	$	—		$	—

Funded status of the Benefit Plan as of December 31 (in thousands):	2017			2016
Benefit obligation	$	(367	)	$	(451	)
Fair value of plan assets	—			—
Excess of benefit obligation over fair value of plan assets	$	(367	)	$	(451	)

Amounts recognized in the accompanying Consolidated Balance Sheets consist of, as of December 31 (in thousands):	2017			2016
Accrued benefit liability	$	(367	)	$	(451	)
Transition obligation and unrealized gain	(289		)	(307		)
Net amount recognized in the consolidated balance sheets	$	(656	)	$	(758	)

	Years Ended December 31,
Other changes recognized in comprehensive income (in thousands):	2017			2016
Net periodic cost	$	40		$	46
Current year actuarial (gain) loss	(9		)	6
Amortization of transition obligation	(4		)	(4		)
Total recognized in other comprehensive income (loss)	(13		)	2
Total recognized in comprehensive income	$	27		$	48

	As of December 31,
Amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive gain (in thousands):	2017		2016
Transition obligation	$	28	$	30
Prior service cost	252		283
Net actuarial gain (loss)	9		(6		)
Total recognized in accumulated other comprehensive gain	$	289	$	307

2017 estimated amounts of amortized transition obligation (in thousands):	2017
Transition obligation	$	(4	)

	As of December 31,
Aggregate Benefit Plan information and accumulated benefit obligation in excess of plan assets (in thousands):	2017		2016
Projected benefit obligation	$	367	$	451
Accumulated benefit obligation	367		451
Fair value of plan assets	—		—

Weighted-average assumptions to determine the benefit obligation and net cost

The weighted-average assumptions to determine the benefit obligation and net cost are as follows:

	2017		2016
Discount rate	0.30	%	0.30	%
Rate of increase in compensation levels	—		—

Pension expense for Benefit Plan included in selling, general and administrative expenses

Pension costs, which are included within Consolidated Statement of Operations are detailed below for the years ended December 31 (in thousands):

	2017			2016
Service cost	$	76		$	83
Interest cost	2			2
Amortization of transition obligation	4			4
Prior service cost	(42		)	(43		)
Total pension expense	$	40		$	46

Benefits expected to be paid by the Benefit Plan

As of December 31, 2017, benefits expected to be paid by the Benefit Plan for the next ten years is approximately as follows (in thousands):

2018	$	24
2019	26
2020	27
2021	25
2022	58
Next five years	324
Total expected benefits to be paid	$	484