Note 12 - Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2021

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, 2021 and December 31, 2020 are summarized below:

	September 30,			December 31,
	2021			2020
Foreign currency translation adjustment, net of taxes of ($414) at September 30, 2021 and ($750) at December 31, 2020	$	(15,113	)	$	(13,142	)
Unrealized holding gains on available-for-sale securities, net of taxes of ($7) at September 30, 2021 and $0 at December 31, 2020		64			19
Unfunded SERP liability, net of taxes of ($1,294) at September 30, 2021 and ($1,377) at December 31, 2020		(4,641	)		(4,940	)
Accumulated other comprehensive loss	$	(19,690	)	$	(18,063	)

Changes in accumulated other comprehensive loss by component during the nine months ended September 30, 2021 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, 2020	$	(13,142	)	$	19	$	(4,940	)		$	(18,063	)
Other comprehensive (loss) income before reclassifications		(1,971	)		45		43				(1,883	)
Amount reclassified from accumulated other comprehensive loss		-			-		256		(a)		256
Net current period other comprehensive (loss) income		(1,971	)		45		299				(1,627	)
Balance at September 30, 2021	$	(15,113	)	$	64	$	(4,641	)		$	(19,690	)

(a) This reclassification relates to the amortization of prior service costs and gains/losses associated with the Company's SERP Plan. This expense is reflected in other (expense) income, net on the accompanying condensed consolidated statement of operations.