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Pension Plan (Tables)
12 Months Ended
Dec. 31, 2016
Pension Plan (Tables) [Line Items]  
Schedule of Allocation of Plan Assets [Table Text Block]

 

 

2016

 

 

2015

Equity and index funds

 

68.9%

   

68.5%

Fixed income funds

 

31.1

 

 

31.5

 

 

100.0%

 

 

100.0%

Schedule of Defined Benefit Plans Disclosures [Table Text Block]

In thousands

2016

 

2015

Level 1:

   

 

   

Equity and index funds

$

6,186

 

$

5,615

Fixed income funds

 

2,798

 

 

2,578

Total Level 1

 

8,984

   

8,193

Level 2

 

-

   

-

Level 3

 

-

 

 

-

Total pension plan assets

$

8,984

 

$

8,193

Schedule of Net Funded Status [Table Text Block]

In thousands

2016

 

2015

Change in benefit obligation:

         

Projected benefit obligation at

    beginning of year

$

13,517

 

$

14,679

Interest cost

 

487

   

573

Actuarial loss (gain)

 

369

   

(1,192)

Benefits paid

 

(965)

 

 

(543)

Projected benefit obligation at

    end of year

 

13,408

 

 

13,517

           

Change in plan assets:

         

Fair value of plan assets at

    beginning of year

 

8,193

   

7,946

Actual return on plan assets

 

432

   

(451)

Company contributions

 

1,324

   

1,241

Benefits paid

 

(965)

 

 

(543)

Fair value of plan assets at

    end of Year

 

8,984

 

 

8,193

           

Funded status (underfunded)

$

(4,424)

 

$

(5,324)

           

Amounts recognized in

other accumulated comprehensive loss:

         

Net actuarial loss

$

7,206

 

$

6,797

Weighted average assumptions

as of December 31:

         

Discount rate:

         

Components of cost

 

4.31%

   

4.00%

Benefit obligations

 

4.16%

   

4.30%

Expected return on plan assets

 

8.00%

   

8.00%

Rate of compensation increase

 

N/A

 

 

N/A

Schedule of Expected Benefit Payments [Table Text Block]

2017

 

2018

 

2019

 

2020

 

2021

$

648

 

$

707

 

$

866

 

$

715

 

$

1,187

                         

.

Schedule of Net Benefit Costs [Table Text Block]

In thousands

2016

 

2015

Interest cost

$

487

 

$

573

Expected return on plan assets

 

(672)

   

(667)

Amortization of net actuarial loss

 

199

 

 

579

Net periodic pension cost

$

14

 

$

485

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

In thousands

Pension plan

actuarial (loss) gain

 

Foreign currency

translation gain (loss)

 

 

Total

Balances at January 1, 2015

$

(5,965)

 

$

504

 

$

(5,461)

Actuarial gain

 

652

   

                -

   

652

Translation loss

 

            -

 

 

(448)

 

 

(448)

Balances at December 31, 2015

 

(5,313)

   

56

   

(5,257)

Actuarial loss

 

(409)

   

                -

   

(409)

Translation gain

 

           -

 

 

56

 

 

56

Balances at December 31, 2016

$

(5,722)

 

$

112

 

$

(5,610)

Pension Costs [Member]  
Pension Plan (Tables) [Line Items]  
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

In thousands

2016

 

2015

Balance at beginning of year

$

6,797

 

$

7,449

Net actuarial loss (gain)

 

608

   

(73)

Recognized loss

 

(199)

 

 

(579)

Balance at end of year

$

7,206

 

$

6,797