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Note 12 - Fair Value of Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
  

Value of Items Recorded at Fair Value

 
  

As of December 31, 2023

 

(in thousands)

 

Level 1

  

Level 2

  

Level 3

  

Total

 

Assets:

                

Metal swaps

 $-  $4,458  $-  $4,458 

Embedded customer derivatives

 $-  $766  $-  $766 

Fixed interest rate hedge

 $-  $55  $-  $55 

Supplemental executive retirement plan

 $11,617  $-  $-  $11,617 

Total assets at fair value

 $11,617  $5,279  $-  $16,896 
                 

Liabilities:

                

Metal swaps

 $-  $5,224  $-  $5,224 

Total liabilities recorded at fair value

 $-  $5,224  $-  $5,224 
  

Value of Items Recorded at Fair Value

 
  

As of December 31, 2022

 

(in thousands)

 

Level 1

  

Level 2

  

Level 3

  

Total

 

Assets:

                

Fixed interest rate hedge

 $-  $1,748  $-  $1,748 

Supplemental executive retirement plan

 $7,676  $-  $-  $7,676 

Total assets at fair value

 $7,676  $1,748  $-  $9,424