Note 10 - Retirement Plans

9 Months Ended

Sep. 30, 2015

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

(10)     Retirement Plans

Domestic Pension Plan

The components of net periodic cost/(income) for the Company’s domestic pension plan (which was frozen in 2007) for the three and nine months ended September 30, 2015 and 2014 were as follows:

	Three months ended						Nine months ended
	September 30,						September 30,
	2015			2014			2015			2014
Components of net periodic benefit cost
Interest cost	$	608		$	828		$	1,823		$	2,484
Expected return on plan assets		(718	)		(1,039	)		(2,153	)		(3,117	)
Recognized actuarial loss		202			130			608			390
Net periodic cost/(income)	$	92		$	(81	)	$	278		$	(243	)

The Company’s Supplemental Executive Retirement Plan (which was frozen in 2007) is non-qualified and unfunded. Net periodic benefit costs for the three months ended September 30, 2015 and 2014 were $59 and $55, respectively. Net periodic benefit costs for the nine months ended September 30, 2015 and 2014 were $177 and $165, respectively.

International Pension Plan

The components of net periodic benefit cost for the Company’s international pension plan for the three and nine months ended September 30, 2015 and 2014 were as follows:

	Three months ended						Nine months ended
	September 30,						September 30,
	2015			2014			2015			2014
Components of net periodic benefit cost
Service cost	$	193		$	166		$	585		$	519
Interest cost		146			218			442			682
Recognized actuarial loss		83			37			249			116
Amortization of prior service benefit		(2	)		(2	)		(5	)		(6	)
Net periodic benefit cost	$	420		$	419		$	1,271		$	1,311