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Note 10 - Retirement Plans
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Pension and Other Postretirement Benefits Disclosure [Text Block]
(
10
)
Retirement Plans
 
Domestic Pension Plan
 
The components of net periodic
benefit cost for the Company’s domestic pension plan (which was frozen in
2007
) for the
three
and
nine
months ended
September 30, 2017
and
2016
were as follows:
 
   
Three months ended
   
Nine months ended
 
   
September 30,
   
September 30,
 
   
2017
   
2016
   
2017
   
2016
 
                                 
Components of net periodic benefit cost
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest cost
  $
553
    $
597
    $
1,661
    $
1,792
 
Expected return on plan assets
   
(677
)    
(662
)    
(2,031
)    
(1,986
)
Recognized actuarial loss
   
199
     
194
     
599
     
582
 
Net periodic benefit cost
  $
75
    $
129
    $
229
    $
388
 
 
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
September 30, 2017
and
2016
were
$77
and
$65,
respectively. Net periodic benefit cost for the
nine
months ended
September 30, 2017
and
2016
were
$231
and
$194,
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, 2017
and
2016
were as follows:
 
   
Three months ended
   
Nine months ended
 
   
September 30,
   
September 30,
 
   
2017
   
2016
   
2017
   
2016
 
                                 
Components of net periodic benefit cost
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
  $
247
    $
186
    $
700
    $
561
 
Interest cost
   
192
     
186
     
545
     
560
 
Recognized actuarial loss
   
94
     
49
     
268
     
147
 
Amortization of prior service benefit
   
(1
)    
(1
)    
(3
)    
(3
)
Net periodic benefit cost
  $
532
    $
420
    $
1,510
    $
1,265