Note 8 - Accrued Retirement Benefits

9 Months Ended

Sep. 30, 2015

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

8 . ACCRUED RETIREMENT BENEFITS

Accrued retirement benefits at September 30, 2015 and December 31, 2014 consisted of the following:

	September 30,			December 31,
	2015			2014
	(in thousands)
Defined Benefit Pension Plans	$	1,997		$	2,540
Supplemental Executive Retirement Plan		4,587			4,468
Deferred Compensation Plan		229			276
Total		6,813			7,284
Less current portion		(343	)		(391	)
Non-current portion of accrued retirement benefits	$	6,470		$	6,893

The net periodic benefit costs for pension and postretirement benefits for the three and nine months ended September 30, 2015 and 2014 were as follows:

	Three Months						Nine Months
	Ended September 30,						Ended September 30,
	2015			2014			2015			2014
	(in thousands)						(in thousands)
Interest cost	$	691		$	780		$	2,073		$	2,324
Expected return on plan assets		(826	)		(933	)		(2,478	)		(2,487	)
Recognized actuarial loss		211			163			634			455
Pension and other postretirement expenses	$	76		$	10		$	229		$	292