Note 15 - Employee Benefit Plan

12 Months Ended

Dec. 31, 2018

Compensation and Employee Benefit Plans, Other than Share-based Compensation [Text Block]

15.	Employee Benefit Plan

The Company has a

401

(k) retirement plan covering substantially all employees of the Company, whereby participants

may

contribute a percentage of their compensation, as allowed under applicable laws. The Plan provides for discretionary matching contributions by the Company. Participants are

100%

vested in participant contributions. The Company recognized

$1.7

million in expense under this employee benefit plan each year for

2018,

2017

and

2016.

The Company has a nonqualified deferred compensation plan that allows eligible employees to defer a portion of their compensation. Participants can defer up to

85%

of their base salary and up to

100%

of their bonus for the year. Each participant is fully vested in all deferred compensation and earnings; however, these amounts are subject to general creditor claims until distributed to the participant. The total liability under the deferred compensation plan was

$3.0

million and

$3.1

million as of

December

31,

2018

and

2017,

and is included in other long-term liabilities in the accompanying consolidated balance sheets. The Company purchased life insurance policies to fund the future liability. The life insurance policies had a value of

$2.9

million and

$2.1

million as of

December

31,

2018

and

2017,

respectively and are included in other assets in the consolidated balance sheets. During

2018,

the Company recorded a death benefit gain of

$4.0

million for

one

of its insured.