Note 7 - Pension, Post-Retirement and Post-Employment Plans

6 Months Ended

Jun. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

7.  PENSION, POST-RETIREMENT AND POST-EMPLOYMENT PLANS

      The components of net periodic pension and postretirement benefit costs for the Successor and Predecessor Quarterly and Six Month Periods are as follows:

	For the three months ended June 30,												For the six months ended June 30,
	2014						2013						2014						2013
	(Successor)						(Predecessor)						(Successor)						(Predecessor)
Pension & SERP Benefits:	Domestic			Foreign			Domestic			Foreign			Domestic			Foreign			Domestic			Foreign
Net periodic cost (benefit):
Service cost	$	-		$	211		$	1,078		$	174		$	-		$	419		$	2,156		$	348
Interest cost on the projected benefit obligation		1,728			768			1,565			768			3,456			1,523			3,130			1,536
Expected return on plan assets		(2,433	)		(913	)		(2,005	)		(1,283	)		(4,866	)		(1,811	)		(4,010	)		(2,566	)
Amortization of prior service cost		-			-			23			-			-			-			46			-
Amortization of net loss		-			-			505			135			-			-			1,010			270
Net periodic (benefit) cost	$	(705	)	$	66		$	1,166		$	(206	)	$	(1,410	)	$	131		$	2,332		$	(412	)

	For the three months ended June 30,									For the six months ended June 30,
	2014				2013					2014				2013
	(Successor)				(Predecessor)					(Successor)				(Predecessor)
Postretirement Benefits:	Domestic		Foreign		Domestic			Foreign		Domestic		Foreign		Domestic			Foreign
Net periodic cost (benefit):
Service cost	$	14	$	7	$	18		$	11	$	28	$	14	$	36		$	22
Interest cost on the projected benefit obligation		83		8		73			10		166		16		146			20
Amortization of prior service cost		-		-		(35	)		7		-		-		(70	)		14
Net periodic cost	$	97	$	15	$	56		$	28	$	194	$	30	$	112		$	56

     No domestic pension service cost was recognized in the Successor Quarterly or Six month Periods, nor will be in future periods, as benefits in the domestic pension plan were frozen in connection with the MacDermid Acquisition.