EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2018

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:	2018			2017
Balance, beginning of year	$	367		$	451
Service cost	61			76
Interest cost	1			2
Liability (gain) loss	(18		)	(9		)
Benefits paid to participants	(31		)	(170		)
Foreign currency	8			17
Balance, end of year	$	388		$	367
Plan assets:	2018			2017
Fair value, beginning of year	$	—		$	—
Company contributions	31			170
Benefits paid to participants	(31		)	(170		)
Fair value, end of year	$	—		$	—

Funded status of the Benefit Plan as of December 31 (in thousands):	2018			2017
Benefit obligation	$	(388	)	$	(367	)
Fair value of plan assets	—			—
Excess of benefit obligation over fair value of plan assets	$	(388	)	$	(367	)

Amounts recognized in the accompanying Consolidated Balance Sheets consist of, as of December 31 (in thousands):	2018			2017
Accrued benefit liability	$	(388	)	$	(367	)
Transition obligation and unrealized gain	(273		)	(289		)
Net amount recognized in the consolidated balance sheets	$	(661	)	$	(656	)

	Years Ended December 31,
Other changes recognized in comprehensive income (in thousands):	2018			2017
Net periodic cost	$	21		$	40
Current year actuarial (gain) loss	(18		)	(9		)
Amortization of transition obligation	(4		)	(4		)
Total recognized in other comprehensive income (loss)	(22		)	(13		)
Total recognized in comprehensive income	$	(1	)	$	27

	As of December 31,
Amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive gain (in thousands):	2018		2017
Transition obligation	$	40	$	28
Prior service cost	215		252
Net actuarial gain (loss)	18		9
Total recognized in accumulated other comprehensive gain	$	273	$	289

2017 estimated amounts of amortized transition obligation (in thousands):	2018
Transition obligation	$	(4	)

	As of December 31,
Aggregate Benefit Plan information and accumulated benefit obligation in excess of plan assets (in thousands):	2018		2017
Projected benefit obligation	$	388	$	367
Accumulated benefit obligation	388		367
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:

	2018		2017
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):

	2018			2017
Service cost	$	61		$	76
Interest cost	1			2
Amortization of transition obligation	4			4
Gain (loss)	(3		)	—
Prior service cost	(42		)	(42		)
Total pension expense	$	21		$	40

Benefits expected to be paid by the Benefit Plan

As of December 31, 2018, benefits expected to be paid by the Benefit Plan for the next ten years is approximately as follows (in thousands):

2019	$	26
2020	28
2021	25
2022	61
2023	26
Next five years	286
Total expected benefits to be paid	$	452