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Note 7 - Employee Retirement Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2019
Table Text Block Supplement [Abstract]  
Schedule of Settlement of Pension Plan Liabilities

The balance of the Pension Settlement Obligation is recorded on the balance sheet as of December 31, 2019 and 2018 as follows:

 

  2019   2018
Current portion of pension settlement obligation $    468      $    438   
Pension settlement obligation, net of current portion 3,575      4,042   
Total Pension Settlement Obligation $ 4,043      $ 4,480   

 

Schedule of Costs of Retirement Plans, changes in benefit obligation

Information concerning the obligations, plan assets and funded status of employee retirement defined benefit plans are provided below:

Changes in benefit obligation 2019   2018
       
Projected benefit obligation - beginning of year $ 4,222      $ 4,650   
Interest cost 148      136   
Actuarial loss (gain) 284      (119)  
Benefits paid (387)     (445)  
Projected benefit obligation - end of year $ 4,267      $ 4,222   
       
Changes in plan assets 2019      2018   
       
Contributions $ 386      $ 445   
Benefits paid (386)     (445)  
Fair value of plan assets - end of year $ -      $ -   
       
Net amount recognized 2019      2018   
       
Unfunded status $ (4,267)     $ (4,222)  
Unrecognized net actuarial loss 2,182      1,976   
Net amount recognized $ (2,085)    
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)
Net amount recognized 2019      2018   
       
Unfunded status $ (4,267)     $ (4,222)  
Unrecognized net actuarial loss 2,182      1,976   
Net amount recognized $ (2,085)     $ (2,246)  
Schedule of Amounts Recognized in Balance Sheet

Amounts recognized in the consolidated balance sheets consisted of:

  2019   2018
       
Accrued liability $ (4,267)     $ (4,222)  
Accumulated other comprehensive loss 2,182      1,976   
Net amount recognized $ (2,085)     $ (2,246)  
Schedule of Net Periodic Benefit Cost

Components of net periodic benefit cost:

  2019   2018
       
Interest cost $ 148      $ 136   
Amortization of actuarial loss 78      81   
Amortization of prior year service cost -      -   
Net periodic benefit expense $ 226      $ 217   
Schedule of Expected Benefit Payments

As of December 31, 2019, the following benefits are expected to be paid based on actuarial estimates and prior experience:

Years Ending    
December 31,   SERP
2020   $ 682   
2021   $ 419   
2022   $ 412   
2023   $ 396   
2024   $ 387   
2025-2029   $ 1,336