Note 8 - Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

8

.

ACCUMULATED OTHER COMPR

E

HENSIVE LOSS

The following table summarizes the activity in accumulated other comprehensive loss for the

nine

-month period ended

September 30, 2017:

	Defined
	Benefit
	Pension			Interest
	Plan			Rate Swaps			Total
Balance at December 31, 2016	$	(2,875	)	$	(35	)	$	(2,910	)
Other comprehensive income before reclassifications		52			104			156
Reclassifications from accumulated comprehensive loss to net income		272			48			320
Net other comprehensive income		324			152			476
Balance at September 30, 2017	$	(2,551	)	$	117		$	(2,434	)

The following table summarizes the reclassifications from accumulated other comprehensive loss

to net income (loss)for the

three

and

nine

-month periods ended

September 30, 2017

and

2016:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2017			2016			2017			2016
Amortization of defined benefit plan pension items:
Amortization of loss	$	153		$	63		$	461		$	497
Income tax effect		(63	)		(26	)		(189	)		(204	)
After tax		90			37			272			293
Amortization of loss on interest rate swap:
Reclassification to interest expense		33			27			82			80
Income tax effect		(14	)		(11	)		(34	)		(33	)
After tax		19			16			48			47
Total reclassifications, net of income tax	$	109		$	53		$	320		$	340

Amounts reclassified to net income (loss) from our defined benefit pension plan and interest rate swaps have been presented within “

Selling, general and administrative expenses” and “Interest expense,”respectively, in the Condensed Consolidated Statements of Comprehensive Income (Loss). The estimated amount of accumulated other comprehensive loss to be reclassified to interest expense within the next

twelve

months is

$5.

See Note

3

“

Fair Value Measurements and Derivative Financial Instruments

.”