XML 31 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
Leadership Change
3 Months Ended
Mar. 31, 2018
Leadership Changes  
Leadership Changes

13. Leadership Change

On February 9, 2018, the Company announced the retirement of the Company’s President.  The Company entered into a Separation Agreement with the President, and pursuant to the terms of this agreement, the Company incurred a total cost of $1.8 million which was recorded to “Selling, operating and administrative expenses” in the accompanying Condensed Consolidated Statements of Income during the three months ended March 31, 2018, which will be paid over a 39-month period.