Note J - Pension Liability

9 Months Ended

Sep. 30, 2016

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

NOTE j—Pension Liability

The information in this note represents the net periodic pension and post-retirement benefit costs and related components in accordance with FASB ASC No. 715 “Employers’ Disclosures about Pensions and Other Post-Retirement Benefits.” The components of net pension and post-retirement periodic benefit cost (income) for the three months ended

September 30, 2016 and 2015 are as follows

:

	September 30, 2016			September 30, 2015
Components of net periodic benefit cost:
Service cost and amortization of loss	$	14		$	18
Interest cost		13			13
Expected return on plan assets		(2	)		(3	)
Net periodic benefit cost	$	25		$	28

The net pension

liability as of September 30, 2016 amounted to $741.