Pension Plans

3 Months Ended

Mar. 31, 2017

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

Note 7 - Pension Plans

The following table summarizes the components of net periodic pension cost recorded for the Company’s defined benefit pension plans (in thousands):

	Three Months Ended		Three Months Ended
	March 31, 2017		April 1, 2016
Service cost	$	127	$	151
Interest cost		14		17
Expected return on plan assets		(23)		(22)
Net amortization of transitional obligation (a)		3		3
Actuarial loss, recognized in current period (a)		17		24
	$	138	$	173

(a) Amounts reclassified from accumulated other comprehensive loss.

During the three months ended March 31, 2017 and April 1, 2016, the Company made cash contributions of approximately $467,000 and $419,000, respectively, to its Swiss pension plan and the Company is not required to make additional cash contributions during the remainder of 2017. The Company is not required to and does not make contributions to its Japan pension plan.