Note 12 - Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

12. ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of accumulated other comprehensive loss at  September 30, 2020 and December 31, 2019 are summarized below:

	September 30,			December 31,
	2020			2019
Foreign currency translation adjustment, net of taxes of ($728) at September 30, 2020 and ($742) at December 31, 2019	$	(18,012	)	$	(20,032	)
Unrealized holding gains on available-for-sale securities, net of taxes of $0 at September 30, 2020 and $0 at December 31, 2019		11			12
Unfunded SERP liability, net of taxes of ($580) at September 30, 2020 and ($639) at December 31, 2019		(3,847	)		(4,045	)
Accumulated other comprehensive loss	$	(21,848	)	$	(24,065	)

Changes in accumulated other comprehensive loss by component during the nine months ended September 30, 2020 are as follows.  All amounts are net of tax.

				Unrealized Holding
	Foreign Currency			Gains on
	Translation			Available-for-			Unfunded
	Adjustment			Sale Securities			SERP Liability				Total
Balance at December 31, 2019	$	(20,032	)	$	12		$	(4,045	)		$	(24,065	)
Other comprehensive income (loss) before reclassifications		2,020			(1	)		95				2,114
Amount reclassified from accumulated other comprehensive income (loss)		-			-			103		(a)		103
Net current period other comprehensive income (loss)		2,020			(1	)		198				2,217
Balance at September 30, 2020	$	(18,012	)	$	11		$	(3,847	)		$	(21,848	)

(a) This reclassification relates to the amortization of prior service costs and gains/losses associated with the Company's SERP Plan. This expense is allocated between cost of sales and selling, general and administrative expense based upon the employment classification of the plan participants.