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Note 9 - Employee Retirement Plans (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Allocation of Plan Assets [Table Text Block]
  

Actual as of

  

Actual as of

 
  

December 31, 2023

  

December 31, 2022

 

U.S. Pension plan:

        

Cash

  3%  3%

Debt securities

  33%  28%

Equity securities

  64%  69%

Total

  100%  100%
Schedule Of Fair Value Plan Assets Measured On Recurring Basis [Table Text Block]
      

Quoted prices in

  

Significant

  

Significant

     
      

active

  

observable

  

unobservable

  

Measured at

 

(In Thousands)

    

markets

  

inputs

  

inputs

  

Net Asset

 
  Fair Value  (Level 1)  (Level 2)  (Level 3)  Value 

Pension plan measured at fair value:

                    

Equity securities

 $19,773  $14,212  $57  $5,504  $ 

Debt securities

  10,058   296   9,762       

Cash and cash equivalents

  1,012      1,012       

Total fair value of plan assets

 $30,843  $14,508  $10,831  $5,504  $ 
      

Quoted prices in

  

Significant

  

Significant

     
      

active

  

observable

  

unobservable

  

Measured at

 

(In Thousands)

    

markets

  

inputs

  

inputs

  

Net Asset

 
  Fair Value  (Level 1)  (Level 2)  (Level 3)  Value 

Pension plan measured at fair value:

                    

Equity securities, primarily exchange traded funds

 $31,196  $26,847  $1,147  $3,202  $ 

Debt securities

  12,928   3,434   9,494       

Cash and cash equivalents

  1,254      1,254       

Total fair value of plan assets

 $45,378  $30,281  $11,895  $3,202  $ 
Schedule of Net Funded Status [Table Text Block]

(In Thousands)

 

Year Ended December 31,

 
  2023  2022  2021 

Change in benefit obligation:

            

Benefit obligation at beginning of the period

 $64,273  $84,308  $88,960 

Interest cost

  2,873   2,313   2,168 

Benefits paid

  (5,104)  (5,667)  (5,693)

Actuarial (gain) loss (A)

  1,916   (16,681)  (1,127)

Settlement

  (13,861)      

Benefit obligation at end of the period

 $50,097  $64,273  $84,308 

Change in plan assets:

            

Fair value of plan assets at beginning of the period

 $45,378  $56,779  $56,495 

Actual return

  2,827   (7,337)  4,374 

Employer contributions

  1,603   1,603   1,603 

Benefits paid

  (5,104)  (5,667)  (5,693)

Settlement

  (13,861)      

Fair value of plan assets at end of the period

  30,843   45,378   56,779 

Unfunded status at end of the period

 $(19,254) $(18,895) $(27,529)

Net amount recognized in the balance sheet consists of:

            

Current liabilities

 $(1,572) $(1,575) $(1,578)

Noncurrent liabilities

  (17,682)  (17,320)  (25,951)

Net amount recognized

 $(19,254) $(18,895) $(27,529)
Defined Benefit Plan, Plan with Accumulated Benefit Obligation in Excess of Plan Assets [Table Text Block]

(In Thousands)

 

December 31,

  

December 31,

 
  

2023

  

2022

 

Projected and accumulated benefit obligation

 $50,097  $64,273 

Fair value of plan assets

  30,843   45,378 
Schedule of Net Benefit Costs [Table Text Block]

(In Thousands)

 

Year Ended December 31,

 
  2023  2022  2021 

Interest cost

 $2,873  $2,313  $2,168 

Expected return on plan assets

  (2,111)  (3,006)  (2,174)

Amortization of net actuarial losses

  (146)  63   145 

Settlement/curtailment loss

  (2,177)      

Net periodic pension cost

 $(1,561) $(630) $139 
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
  

Pension Benefits

 

(In Thousands)

 

Year Ended December 31,

 
  2023  2022  2021 

Total net (gain) loss recognized in other comprehensive (income) loss

 $3,522  $(6,404) $(3,472)
Defined Benefit Plan, Assumptions [Table Text Block]
  

Pension Benefits

 
  

2023

  

2022

 

Discount rate

  5.5%  2.9%

Expected long-term rate of return on assets

  6.4%  5.5%
Schedule of Expected Benefit Payments [Table Text Block]
  

Pension

 

Year ending December 31, (In Thousands)

 

Benefits

 
2024 $4,710 
2025  4,648 
2026  4,567 
2027  4,466 
2028  4,360 
2029 – 2033  19,834 

Total 10-year estimated future benefit payments

 $42,585