XML 42 R29.htm IDEA: XBRL DOCUMENT v3.3.1.900
Note 9 - Pension Plan (Tables)
12 Months Ended
Dec. 31, 2015
Notes Tables  
Schedule of Funded Status of Plan and Amounts Recognized in Consolidated Balance Sheets [Table Text Block]
 
 
2015
 
 
2014
 
Change in projected benefit obligation:
               
Projected benefit obligation at beginning of year
  $ 1,493     $ 1,201  
Service cost
    69       62  
Interest cost
    62       61  
Actuarial loss
    18       197  
Benefits paid
    (31 )     (28 )
Projected benefit obligation at end of year
  $ 1,611     $ 1,493  
                 
Change in plan assets:
               
Fair value of plan assets at beginning of year
  $ 1,282     $ 1,199  
Actual return (loss) on plan assets
    (27 )     74  
Employer contribution
    -       37  
Benefits paid
    (31 )     (28 )
Fair value of plan assets at end of year
  $ 1,224     $ 1,282  
                 
Funded status
  $ (387 )   $ (211 )
                 
Amounts recognized in the consolidated balance sheets consist of:
               
Accrued pension liability (non-current)
  $ (387 )   $ (211 )
Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block]
 
 
2015
 
 
2014
 
Net actuarial loss
  $ 241     $ 127  
Prior service cost
    -       2  
    $ 241     $ 129  
Schedule of Net Benefit Costs [Table Text Block]
 
 
2015
 
 
2014
 
Service cost
  $ 69     $ 62  
Interest cost
    62       61  
Expected return on plan assets
    (69 )     (66 )
Amortization of net actuarial loss and prior service cost
    2       7  
Net periodic pension cost
  $ 64     $ 64  
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
 
 
2015
 
 
2014
 
Net loss
  $ 154     $ 189  
Amortization of prior service cost
    (7 )     (7 )
Total recognized in accumulated other comprehensive loss)
  $ 147     $ 182  
Total recognized in net periodic pension cost and other
               
Comprehensive loss
  $ (211 )   $ (246 )
Schedule of Assumptions Used [Table Text Block]
 
 
2015
   
2014
 
Pension benefit obligation:
               
Discount rate
    4.20%
 
    4.20%
 
Compensation increase
    2.00%
 
    2.00%
 
                 
Net periodic pension cost:
               
Discount rate
    4.20%
 
    5.20%
 
Compensation increase
    2.00%
 
    2.00%
 
Expected return on plan assets
    5.50%
 
    5.50%
 
Schedule of Fair Value of Pension Plan Assets [Table Text Block]
 
 
 
 
 
 
Fair Value Measurement at December 31, 2015
 
 
 
 
 
 
 
Quoted Prices in Active Markets for Identical Assets
 
 
Significant Observable Inputs
 
 
Significant Unobservable Inputs
 
Asset Category
 
Total
 
 
(Level 1)
 
 
(Level 2)
 
 
(Level 3)
 
U.S. large-cap value
  $ 258     $ -     $ 258     $ -  
U.S. mid-cap value
    246       -       246       -  
U.S. small-cap value
    245       -       245       -  
Pooled fixed income
    475       -       475       -  
Total
  $ 1,224     $ -     $ 1,224     $ -  
 
 
 
 
 
 
Fair Value Measurement at December 31, 2014
 
 
 
 
 
 
 
Quoted Prices in Active Markets for Identical Assets
 
 
Significant Observable Inputs
 
 
Significant Unobservable Inputs
 
Asset Category
 
Total
 
 
(Level 1)
 
 
(Level 2)
 
 
(Level 3)
 
U.S. large-cap value
  $ 255     $ -     $ 255     $ -  
U.S. mid-cap value
    257       -       257       -  
U.S. small-cap value
    256       -       256       -  
Pooled fixed income
    514       -       514       -  
Total
  $ 1,282     $ -     $ 1,282     $ -  
Schedule of Expected Benefit Payments [Table Text Block]
Years Ending December 31,
 
(in thousands)
 
2016
    51  
2017
    55  
2018
    60  
2019
    65  
2020
    72  
2021-2024
    482