Pension Plan

3 Months Ended

Mar. 31, 2021

Pension Plan [Line Items]

Retirement Benefits [Text Block]

Note 8 –Pension Plan

As of December 31, 2003, the benefit service under the pension plan had been frozen and, accordingly, there is no service cost.  As of April 30, 2009, the compensation increments had been frozen and, accordingly, no additional benefits are being accrued under the pension plan.

The following table presents the components of net periodic pension cost:

	Three months ended March 31
In thousands	2021		2020
Interest cost	$	63	$	97
Expected return on plan assets		(210)		(203)
Amortization of net actuarial loss		80		70
Net periodic pension benefit	$	(67)	$	(36)

As of March 31,2021 and December 31, 2020, the Company had recorded a current pension liability of $465,000 and $1.0 million, respectively, which is included in accrued liabilities in the Condensed Consolidated Balance Sheets, and a long-term pension liability of $4.1 million and $3.7 million, respectively, which is included in deferred pension liability and other in the Condensed Consolidated Balance Sheets.  The minimum required contribution in 2021 is expected to be $465,000, of which the Company has already contributed $56,000 as of March 31, 2021.