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Note 6 - Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2021
Notes Tables  
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
  

Pension Benefits

 
  

2021

  

2020

 

Change in benefit obligation:

        

Benefit obligation at beginning of year

 $192,954  $172,909 

Service cost

  5,820   5,334 

Interest cost

  4,990   5,618 

Amendments

  550    

Change due to mortality change

  548   (1,521)

Change due to discount rate change

  (5,865)  17,040 

Actuarial return (loss)

  4,342   121 

Benefits paid

  (7,477)  (6,547)

Benefit obligation at end of year

  195,862   192,954 

Change in fair value of plan assets:

        

Fair value of plan assets at beginning of year

  148,052   116,067 

Actual return on plan assets

  27,049   14,801 

Employer contributions

  22,250   23,731 

Benefits paid

  (7,477)  (6,547)

Fair value of plan assets at end of year

  189,874   148,052 

Underfunded status at end of year

 $(5,988) $(44,902)
Pension Benefits Recognized Balance Sheet Location [Table Text Block]
  

Pension Benefits

 
  

2021

  

2020

 

Current liabilities:

        

Accrued benefit liability

 $(1,315) $(758)

Non- current pension liability:

        

Accrued benefit liability

  (4,673)  (44,144)

Accumulated other comprehensive loss

  29,966   53,085 

Net amount recognized

 $23,978  $8,183 
Defined Benefit Plan, Assumptions [Table Text Block]
  

Pension Benefits

 
  

2021

      

2020

 

Discount rate: net periodic pension cost

  2.64%      3.32%

Discount rate: projected benefit obligation

  2.86%      2.64%

Expected rate of return on plan assets

  6.40%      6.45%

Rate of compensation increase: net periodic pension cost

 

5.00%/2.00%

   (1)  2.00%

Rate of compensation increase: projected benefit obligation

 

5.00%/2.00%

   (1)  2.00%
Schedule of Net Benefit Costs [Table Text Block]
  

Pension Benefits

 
  

2021

  

2020

  

2019

 

Service cost

 $5,820  $5,334  $4,401 

Interest cost

  4,990   5,618   6,482 

Expected return on plan assets

  (9,252)  (7,489)  (5,982)

Amortization of prior service benefit

  394   117   61 

Amortization of net gain from earlier periods

  4,502   4,652   4,389 

Net periodic pension cost

 $6,454  $8,232  $9,351 
Investment Policy Allocation [Table Text Block]
  

Target

  

Maximum

 

Large cap U.S. equities

  17%  20%

Small cap U.S. equities

  8%  10%

Non-U.S. equities

  25%  30%

U.S. Fixed income

  18%  23%

Emerging markets debt

  5%  8%

Real estate

  15%  18%

Absolute return

  5%  7%

Company stock/Real return

  7%  13%
Fair Value of Plan Assets by Category [Table Text Block]
  

Hecla plans

  

Lucky Friday

 
  

Level 1

  

Level 2

  

Level 3

  

Total

  

Level 1

  

Level 2

  

Level 3

  

Total

 

Investments measured at fair value

                                

Interest-bearing cash

 $1,835  $  $  $1,835  $305  $  $  $305 

Common stock

  8,869         8,869   1,580         1,580 

Mutual funds

  96,957         96,957   15,707         15,707 

Total investments in the fair value hierarchy

  107,661         107,661   17,592         17,592 

Investments measured at net asset value

                                

Real estate funds

              19,119               4,482 

Hedge funds

              12,866               2,828 

Common collective funds

              20,626               4,700 

Total investments measured at net asset value

              52,611               12,010 

Total fair value

 $107,661  $  $  $160,272  $17,592  $  $  $29,602 
  

Hecla

  

Lucky Friday

 
  

Level 1

  

Level 2

  

Level 3

  

Total

  

Level 1

  

Level 2

  

Level 3

  

Total

 

Investments measured at fair value

                                

Interest-bearing cash

 $367  $  $  $367  $111  $  $  $111 

Common stock

  13,947         13,947   3,203         3,203 

Mutual funds

  69,994         69,994   15,786         15,786 

Total investments in the fair value hierarchy

  84,308         84,308   19,100         19,100 

Investments measured at net asset value

                                

Real estate funds

              12,708               3,428 

Hedge funds

              5,823               1,215 

Common collective funds

              17,545               3,925 

Total investments measured at net asset value

              36,076               8,568 

Total fair value

 $84,308  $  $  $120,384  $19,100  $  $  $27,668 
Schedule of Expected Benefit Payments [Table Text Block]

Year Ending December 31,

 

Pension

Plans

 

2022

 $8,816 

2023

  8,765 

2024

  8,944 

2025

  9,135 

2026

  9,212 

Years 2027-2031

  45,880 
Schedule of Net Funded Status [Table Text Block]
  

December 31, 2021

  

December 31, 2020

 
  

ABO Exceeds Plan Assets

  

Plan Assets Exceed ABO

  

ABO Exceeds Plan Assets

  

Plan Assets Exceed ABO

 

Projected benefit obligation

 $195,862  $  $192,954  $ 

Accumulated benefit obligation

  191,597      189,931    

Fair value of plan assets

  189,873      148,051    
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
  

Pension

Benefits

 

Unamortized net (gain)/loss

 $28,386 

Unamortized prior service cost

  1,580