Note 11 - Retirement Plans

3 Months Ended

Mar. 31, 2016

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

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1

)    Retirement Plans

Domestic Pension Plan

The components of net periodic cost for the Company’s domestic pension plan (which was frozen in 2007) for the three months ended March 31, 2016 and 2015 were as follows:

	Three months ended
	March 31,
	2016			2015
Components of net periodic benefit cost
Interest cost	$	597		$	608
Expected return on plan assets		(662	)		(718	)
Recognized actuarial loss		194			203
Net periodic cost	$	129		$	93

The Company’s Supplemental Executive Retirement Plan (which was frozen in 2007) is non-qualified and unfunded. Net periodic benefit cost for the three months ended March 31, 2016 and 2015 were $65 and $59, respectively.

International Pension Plan

The components of net periodic benefit cost for the Company’s international pension plan for the three months ended March 31, 2016 and 2015 were as follows:

	Three months ended
	March 31,
	2016			2015
Components of net periodic benefit cost
Service cost	$	188		$	197
Interest cost		187			149
Recognized actuarial loss		49			83
Amortization of prior service benefit		(1	)		(1	)
Net periodic benefit cost	$	423		$	428