Note 9 - Employee Benefit Plans

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

NOTE

9

– EMPLOYEE BENEFIT PLANS

The following tables provide the components of net periodic benefit cost for the

three

-month periods ended

March 31, 2019

and

April 1, 2018,

respectively:

	Three Months Ended
Defined Benefit Retirement Plan s (Europe)	March 31, 2019			April 1, 2018
	(In thousands)
Service cost	$	185		$	187
Interest cost		1,281			1,353
Expected return on assets		(1,445	)		(1,602	)
Amortization of prior service cost		16			7
Amortization of net actuarial (gains)/losses		253			288
Net periodic benefit cost	$	290		$	233

	Three Months Ended
Salary Continuation Plan (SCP)	March 31, 2019		April 1, 2018
	(In thousands)
Service cost	$	0	$	0
Interest cost		288		270
Amortization of prior service cost		0		0
Amortization of net actuarial (gains)/losses		94		116
Net periodic benefit cost	$	382	$	386

	Three Months Ended
Nora Defined Benefit Plan	March 31, 2019
	(In thousands)
Service cost	$	217
Interest cost		174
Net periodic benefit cost	$	391

In accordance with applicable accounting standards, the service cost component of net periodic benefit costs is presented within earnings from operations in the consolidated condensed statement of operations, while all other components of net periodic benefit costs are presented within other expenses in the consolidated condensed statement of operations.