Note K - Pension Liability

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

NOTE K—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 for the

nine

months ended

September 30, 2019

and

2018

are as follows (unaudited):

	Nine months ended September 30,
	2019		2018
Components of net periodic benefit cost:
Service cost and amortization of loss	$	15	$	18
Interest cost		11		12
Net periodic benefit cost	$	26	$	30

The net pension liability as of

September 30, 2019

amounted to

$801.