Savings and Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2017

Defined Benefit Plan Disclosure [Line Items]

Allocation of Pension Plan Assets

The allocation of pension plan assets was as follows:

	December 31, 2017						December 31, 2016
	Target Allocation			Actual Allocation			Target Allocation			Actual Allocation
Other Contract (Netherlands Plan)		100	%		100	%		100	%		100	%
Deposit Administration Contract (U.K. Plan)		100	%		100	%		100	%		100	%

Fair value of Pension Plan Assets

The fair value of the pension plan assets by asset class is as follows:

Asset Class	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
December 31, 2017
Other Contract (Netherlands Plan)	$	3,946,000	$	-		$	-	$	3,946,000
Deposit Administration Contract (U.K. Plan)		800,000		-			800,000		-
December 31, 2016
Other Contract (Netherlands Plan)	$	3,321,000	$	(5,000	)	$	-	$	3,326,000
Deposit Administration Contract (U.K. Plan)		616,000		-			616,000		-

Reconciliation of Beginning and Ending Balances for Level 3 Assets

The reconciliation of beginning and ending balances for our Level 3 assets is as follows:

Other Contract (Netherlands Pension Plan Assets)	Twelve months ended December 31, 2017			Twelve months ended December 31, 2016
Beginning balance	$	3,326,000		$	3,005,000
Loss recognized in earnings		59,000			54,000
Actuarial loss		(26,000	)		291,000
Purchases		141,000			130,000
Sales		(21,000	)		(21,000	)
Transfers		(5,000	)		(3,000	)
Foreign currency translation		472,000			(130,000	)
Ending balance	$	3,946,000		$	3,326,000

The Netherlands Defined Benefit Pension Plan [Member]

Defined Benefit Plan Disclosure [Line Items]

Benefit Payments in Subsequent Fiscal Years

At December 31, 2017, we project the following benefit payments in subsequent years:

2018	$	23,000
2019		24,000
2020		24,000
2021		31,000
2022		39,000
2023 to 2027		262,000
	$	403,000

Summary of the Changes in Benefit Obligations and the Change in Plan Assets

The following table summarizes the change in benefit obligations and the change in plan assets:

	Twelve months ended December 31, 2017			Twelve months ended December 31, 2016
Changes in benefit obligations:
Projected benefit obligation, beginning of period	$	3,510,000		$	3,665,000
Service cost		95,000			104,000
Interest cost		75,000			76,000
Benefits paid		(21,000	)		(21,000	)
Plan amendment		-			(658,000	)
Actuarial loss (gain)		(8,000	)		474,000
Foreign currency translation		498,000			(130,000	)
Projected benefit obligation, end of period	$	4,149,000		$	3,510,000
Changes in plan assets:
Plan assets, beginning of period	$	3,321,000		$	3,002,000
Contributions to plan		141,000			125,000
Management cost		(14,000	)		(12,000	)
Actual return on assets		47,000			357,000
Benefits paid		(21,000	)		(21,000	)
Foreign currency translation		472,000			(130,000	)
Plan assets, end of period	$	3,946,000		$	3,321,000

Amount Recognized in Other Comprehensive Loss

The amount recognized in other comprehensive loss consists of:

	Twelve months ended December 31, 2017			Twelve months ended December 31, 2016
Unrecognized net prior service benefit	$	(892,000	)	$	(870,000	)
Unrecognized net losses		865,000			779,000
Additional other comprehensive gain (gross of income taxes)	$	(27,000	)	$	(91,000	)

Projected Benefit Obligation, Accumulated Benefit Obligations and the Fair Value Plan Assets

The projected benefit obligation, accumulated benefit obligation and the fair value of plan assets were as follows:

	December 31, 2017		December 31, 2016
Projected benefit obligation	$	4,149,000	$	3,510,000
Accumulated benefit obligation		4,005,000		3,376,000
Fair value of plan assets		3,946,000		3,321,000

Components of Benefit Costs for Defined Benefit Retirement Plans

The cost of our defined benefit retirement plan includes the following components:

	Twelve months ended December 31, 2017			Twelve months ended December 31, 2016
Gross service cost, net of employee contribution	$	84,000		$	99,000
Interest cost		75,000			76,000
Management cost		13,000			5,000
Expected return on assets		(74,000	)		(66,000	)
Amortization		(54,000	)		(30,000	)
Net periodic retirement cost	$	44,000		$	84,000

Major Assumptions Used in Calculations

Major assumptions used in the above calculations include:

	December 31, 2017			December 31, 2016
Discount rate		2.00	%		2.00	%
Expected return on assets		2.00	%		2.00	%
Expected rate of increase in future compensation:
General		2.5	%		2.5	%
Individual		0	%		0	%

The U.K. Defined Benefit Pension Plan [Member]

Defined Benefit Plan Disclosure [Line Items]

Benefit Payments in Subsequent Fiscal Years

At December 31, 2017 we project the following benefit payments in subsequent years:

2018	$	194,000
2019		-
2020		-
2021		-
2022		-
2023 to 2027		714,000
	$	908,000

Summary of the Changes in Benefit Obligations and the Change in Plan Assets

The following table summarizes the change in benefit obligations and the change in plan assets:

	Twelve months ended December 31, 2017			Twelve months ended December 31, 2016
Changes in benefit obligations:
Projected benefit obligation, beginning of period	$	736,000		$	744,000
Service cost		4,000			4,000
Interest cost		20,000			26,000
Benefits paid		-			(96,000	)
Other		(4,000	)		(4,000	)
Actuarial loss		34,000			197,000
Foreign currency translation		72,000			(135,000	)
Projected benefit obligation, end of period	$	862,000		$	736,000
Changes in plan assets:
Plan assets, beginning of period	$	616,000		$	775,000
Contributions to plan		57,000			53,000
Management cost		(4,000	)		(4,000	)
Benefits Paid		-			(96,000	)
Actual return on assets		68,000			15,000
Foreign currency translation		63,000			(127,000	)
Plan assets, end of period	$	800,000		$	616,000

Amount Recognized in Other Comprehensive Loss

The amount recognized in other comprehensive loss consists of:

	Twelve months ended December 31, 2017		Twelve months ended  December 31, 2016
Unrecognized net losses (gross of deferred taxes)	$	225,000	$	276,000

Projected Benefit Obligation, Accumulated Benefit Obligations and the Fair Value Plan Assets

The projected benefit obligation, accumulated benefit obligation and the fair value plan assets were as follows:

	December 31, 2017		December 31, 2016
Projected benefit obligation	$	862,000	$	736,000
Accumulated benefit obligation		862,000		736,000
Fair value of plan assets		800,000		616,000

Components of Benefit Costs for Defined Benefit Retirement Plans

The cost of our defined benefit retirement plan includes the following components for the years ended:

	Twelve months ended December 31, 2017			Twelve months ended December 31, 2016
Gross service cost, net of employee contribution	$	4,000		$	5,000
Interest cost		20,000			26,000
Expected return on assets		(14,000	)		(21,000	)
Amortization		53,000			7,000
Net periodic retirement cost	$	63,000		$	17,000

Major Assumptions Used in Calculations

Major assumptions used in the above calculations include:

	December 31, 2017			December 31, 2016
Discount rate		2.50	%		2.70	%
Expected return on assets		2.13	%		2.20	%