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Recently Issued Accounting Standards
3 Months Ended
Mar. 31, 2022
Recently Issued Accounting Standards [Abstract]  
Recently Issued Accounting Standards [Text Block]
Note 3 – Recently Issued Accounting Standards
Recently Issued Accounting Standards
 
Adopted
The FASB issued ASU 2020
 
-04
, Reference Rate Reform (Topic
 
848): Facilitation of the Effects of Reference Rate Reform
 
on
Financial Reporting
 
in March 2020.
 
The FASB subsequently
 
issued ASU 2021-01
, Reference Rate Reform (Topic
 
848): Scope
 
in
January 2021 which clarified the guidance but did not materially change
 
the guidance or its applicability to the Company.
 
The
amendments provide temporary optional expedients and exceptions
 
for applying U.S. GAAP to contract modifications, hedging
relationships and other transactions to ease the potential accounting
 
and financial reporting burden associated with transitioning away
from reference rates that are expected to be discontinued, including
 
the London Interbank Offered Rate (“LIBOR”).
 
ASU 2020-04 is
effective for the Company as of March 12, 2020 and generally can
 
be applied through December 31, 2022.
 
On December 10, 2021,
the Company entered into a Second Amendment to Credit Agreement (“Second
 
Amendment”) with Bank of America N.A., an update
to provide for the use of a non-USD currency LIBOR successor rate.
 
The Company elected to apply the expedients provided in ASU
2020-04 with respect to the Second Amendment.
 
The Company will continue to monitor for potential impacts related to its USD-
based LIBOR rates.
 
See Note 14 of Notes to Condensed Consolidated Financial Statements.