Pension Plan

3 Months Ended

Mar. 31, 2024

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	2024		2023
Interest cost	$	129	$	134
Expected return on plan assets		(154)		(145)
Amortization of net actuarial loss		75		74
Net periodic pension expense	$	50	$	63

As of March 31, 2024 and December 31, 2023, the Company had recorded a current pension liability of $954,000 and $840,000, respectively, which is included in accrued liabilities in the Condensed Consolidated Balance Sheets.  As of both March 31, 2024 and December 31, 2023, the Company had recorded a long-term pension liability of $2.2 million, which is included in deferred pension liability and other in the Condensed Consolidated Balance Sheets.  The minimum required pension plan contribution for 2024 is $840,000.