XML 27 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 8 - Accrued Retirement Benefits
6 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Pension and Other Postretirement Benefits Disclosure [Text Block]
8
.
ACCRUED RETIREMENT BENEFITS
 
Accrued retirement benefits at
June 30, 2017
and
December 31, 2016
consisted of the following:
 
 
 
June 30
 
 
December 31,
 
 
 
2017
 
 
2016
 
 
 
(in thousands)
 
                 
Defined benefit pension plans
  $
7,514
    $
7,560
 
Non-qualified retirement plans
   
1,716
     
1,674
 
Total
   
9,230
     
9,234
 
Less current portion
   
(169
)    
(175
)
Non-current portion of accrued retirement benefits
  $
9,061
    $
9,059
 
 
The net periodic benefit costs for pension and postretirement benefits for the
three
and
six
months ended
June 30, 2017
and
2016
were as follows:
 
 
 
Three Months
 
 
Six Months
 
 
 
Ended June 30,
 
 
Ended June 30,
 
 
 
2017
 
 
2016
 
 
2017
 
 
2016
 
 
 
(in thousands)
 
 
(in thousands)
 
 
Interest cost
  $
560
    $
708
    $
1,120
    $
1,415
 
Expected return on plan assets
   
(562
)    
(677
)    
(1,124
)    
(1,355
)
Recognized actuarial loss
   
204
     
253
     
408
     
507
 
Pension and other postretirement expenses
  $
202
    $
284
    $
404
    $
567