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Note 8 - Retirement Plans (Tables)
12 Months Ended
Dec. 31, 2016
Notes Tables  
Schedule of Net Funded Status [Table Text Block]
 
 
December 31,
 
 
 
2016
 
 
2015
 
Change in projected benefit obligation:
 
 
 
 
 
 
 
 
Projected benefit obligation at beginning of year
  $
103,199
    $
108,006
 
Service cost
   
-
     
3,130
 
Interest cost
   
4,398
     
4,159
 
Actuarial losses
   
1,839
     
420
 
Benefits paid
   
(2,790
)    
(1,683
)
Effect of pension curtailment
   
-
     
(10,833
)
Merger of the Assumed Plans
   
8,330
     
-
 
Projected benefit obligation at end of year
  $
114,976
    $
103,199
 
                 
Change in plan assets:
 
 
 
 
 
 
 
 
Fair value of pension plan assets at beginning of year
  $
69,246
    $
66,813
 
Actual return on plan assets
   
5,918
     
(1,034
)
Company contributions
   
2,775
     
5,150
 
Benefits paid
   
(2,790
)    
(1,683
)
Merger of the Assumed Plans
   
5,780
     
-
 
Fair value of pension plan assets at end of year
   
80,929
     
69,246
 
Funded status of pension plan
  $
(34,047
)   $
(33,953
)
                 
Amounts recognized in our balance sheets consist of:
 
 
 
 
 
 
 
 
Accrued benefit cost
  $
(5,121
)   $
(8,994
)
Accumulated other comprehensive loss
   
(28,926
)    
(24,959
)
Net liability recognized
  $
(34,047
)   $
(33,953
)
Schedule of Assumptions Used [Table Text Block]
 
 
Year Ended December 31,
 
 
 
2016
 
 
2015
 
Weighted-average assumptions used to determine net periodic
benefit cost for the Gray pension plan:
               
Discount rate
   
4.31%
     
4.00%
 
Expected long-term rate of return on pension plan assets
   
7.00%
     
7.00%
 
Estimated rate of increase in compensation levels
   
N/A   
     
5.63%
 
 
 
As of December 31,
 
 
 
2016
 
 
2015
 
Weighted-average assumptions used to determine benefit obligations:
               
Discount rate
   
4.11%
     
4.31%
 
Schedule of Net Benefit Costs [Table Text Block]
 
 
Year Ended December 31,
 
 
 
2016
 
 
2015
 
 
2014
 
Components of net periodic pension cost:
                       
Service cost
  $
-
    $
3,130
    $
5,162
 
Interest cost
   
4,398
     
4,159
     
4,106
 
Expected return on plan assets
   
(4,836
)    
(4,782
)    
(4,200
)
Recognized net actuarial loss
   
406
     
1,580
     
969
 
Net periodic pension (benefit) cost
  $
(32
)   $
4,087
    $
6,037
 
Schedule of Expected Benefit Payments [Table Text Block]
Years
 
Amount
 
 
2017
 
  $
2,722
 
 
2018
 
   
2,933
 
 
2019
 
   
3,299
 
 
2020
 
   
3,790
 
 
2021
 
   
4,090
 
2022
-
2026
   
25,216
 
Defined Benefit Plan, Fair Value of Plan Assets [Table Text Block]
 
 
As of December 31, 2016
 
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
 
Total
 
Assets:
                               
Insurance general account
  $
-
    $
18,357
    $
-
    $
18,357
 
Cash management accounts
   
5,089
     
-
     
-
     
5,089
 
Equity accounts
   
31,963
     
-
     
-
     
31,963
 
Fixed income accounts
   
22,544
     
-
     
-
     
22,544
 
Real estate accounts
   
2,976
     
-
     
-
     
2,976
 
Total
  $
62,572
    $
18,357
    $
-
    $
80,929
 
 
 
As of December 31, 2015
 
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
 
Total
 
Assets:
                               
Insurance general account
  $
-
    $
17,918
    $
-
    $
17,918
 
Cash management accounts
   
1,273
     
-
     
-
     
1,273
 
Equity accounts
   
37,621
     
-
     
-
     
37,621
 
Fixed income account
   
9,924
     
-
     
-
     
9,924
 
Real estate accounts
   
2,510
     
-
     
-
     
2,510
 
Total
  $
51,328
    $
17,918
    $
-
    $
69,246
 
Asset Classes [Member]  
Notes Tables  
Schedule of Allocation of Plan Assets [Table Text Block]
 
 
Target Range
 
Asset class:
 
Strategic Allocation
 
 
Lower Limit
 
 
Upper Limit
 
Equities:
                       
Large cap value
   
  5%
     
0%
     
  50%
 
Large cap blend
   
  5%
     
0%
     
  50%
 
Large cap growth
   
  5%
     
0%
     
  50%
 
Mid cap blend
   
15%
     
0%
     
  40%
 
Small cap core
   
  5%
     
0%
     
  25%
 
Foreign large blend
   
10%
     
0%
     
  40%
 
Emerging markets
   
10%
     
0%
     
  25%
 
Real estate
   
  5%
     
0%
     
  20%
 
Fixed Income:
                       
U.S. Treasury inflation protected
   
  5%
     
0%
     
  25%
 
Intermediate term bond
   
10%
     
0%
     
  50%
 
Long term government bond
   
  5%
     
0%
     
  40%
 
High yield bond
   
10%
     
0%
     
  25%
 
Emerging markets bond
   
10%
     
0%
     
  20%
 
Money market taxable
   
  0%
     
0%
     
100%
 
Asset Categories [Member]  
Notes Tables  
Schedule of Allocation of Plan Assets [Table Text Block]
 
 
As of December 31,
 
 
 
2016
 
 
2015
 
Asset category:
               
Insurance general account
   
  23%
     
   26%
 
Cash management accounts
   
    6%
     
     2%
 
Equity accounts
   
  39%
     
   54%
 
Fixed income accounts
   
  28%
     
   14%
 
Real estate accounts
   
    4%
     
    4%
 
Total
   
100%
     
100%
 
Capital Accumulation Plan [Member]  
Notes Tables  
Defined Contribution Plan Disclosures [Table Text Block]
 
 
Year Ended December 31,
 
 
 
2016
 
 
2015
 
 
2014
 
 
 
Shares
 
 
Amount
 
 
Shares
 
 
Amount
 
 
Shares
 
 
Amount
 
Matching contributions to the
Capital Accumulation Plan
   
2,571
    $
29
     
1,898
    $
26
     
2,341
    $
25