Note 14 - Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

14. ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of accumulated other comprehensive loss at  March 31, 2025 and December 31, 2024 are summarized below:

	March 31,			December 31,
	2025			2024
Foreign currency translation adjustment, net of taxes of ($312) at March 31, 2025 and ($312) at December 31, 2024	$	(23,214	)	$	(21,966	)
Unrealized gains on interest rate swap cash flow hedge, net of taxes of $0 at March 31, 2025 and $0 at December 31, 2024		2,141			2,729
Unrealized holding gains on marketable securities, net of taxes of $0 at March 31, 2025 and ($7) at December 31, 2024		21			21
Unfunded SERP liability, net of taxes of $1,175 at March 31, 2025 and $1,183 at December 31, 2024		1,961			1,989
Accumulated other comprehensive loss	$	(19,091	)	$	(17,227	)

Changes in accumulated other comprehensive loss by component during the three months ended March 31, 2025 are as set forth below. All amounts are net of tax:

	Foreign Currency			Unrealized Gains on			Unrealized Holding
	Translation			Interest Rate Swap			Gains on		Unfunded
	Adjustment			Cash Flow Hedge			Marketable Securities		SERP Liability				Total
Balance at December 31, 2024	$	(21,966	)	$	2,729		$	21	$	1,989			$	(17,227	)
Other comprehensive (loss) income before reclassifications		(1,649	)		1,287			-		(16	)			(378	)
Amount reclassified from accumulated other comprehensive loss		401			(1,875	)		-		(12	)	(a)		(1,486	)
Net current period other comprehensive loss		(1,248	)		(588	)		-		(28	)			(1,864	)
Balance at March 31, 2025	$	(23,214	)	$	2,141		$	21	$	1,961			$	(19,091	)

(a) This reclassification relates to the amortization of prior service costs and gains/losses associated with the Company's SERP. This expense is reflected in other income, net on the accompanying condensed consolidated statements of operations.