Note I - Other Liabilities

12 Months Ended

Dec. 31, 2011

Other Noncurrent Other Liabilities [Text Block]

NOTE I – OTHER LIABILITIES

Other liabilities as of December 31 consist of the following (in thousands):

	2011		2010
Deferred compensation	$	0	$	7,297
Uncertain tax positions, net of federal benefit of $568 and $542, for 2011 and 2010, respectively (Note J)		7,816		6,804
Total other liabilities	$	7,816	$	14,101

During the third quarter of 2011, the Company terminated its deferred compensation plan with an effective date of September 30, 2011.  In October 2011, $7,693,000 was paid to the participants.  In addition, the cash surrender value of the investment underlying this liability of $5,468,000 was liquidated and received by the Company in October 2011.