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Note 10 - Pension and Other Postretirement Benefit Plans
 9 Months Ended
Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]

10. Pension and Other Postretirement Benefit Plans


The following table sets forth information regarding the components of net expense for the pension and other postretirement benefit plans.


   

Three months ended

September 30,

  

Nine months ended

September 30,
(In thousands)   2015   2014   2015   2014
                 
Employee Pension Plan:                                
Interest cost   $ 221     $ 223     $ 663     $ 669  
Amortization of unrecognized loss     291       190       872       570  
Expected return on plan assets     (350 )     (336 )     (1,050 )     (1,008 )
Net employee pension expense   $ 162     $ 77     $ 485     $ 231  
                                 
Outside Director Pension Plan:                                
Service cost   $ 11     $ 13     $ 33     $ 39  
Interest cost     24       29       72       87  
Accretion of unrecognized gain     (14 )     (15 )     (42 )     (45 )
Amortization of past service liability     10       10       30       30  
Net outside director pension expense   $ 31     $ 37     $ 93     $ 111  
                                 
Other Postretirement Benefit Plans:                                
Service cost   $ 95     $ 90     $ 285     $ 270  
Interest cost     75       63       225       189  
Amortization of unrecognized loss     30       -       90       -  
Accretion of past service credit     (21 )     (22 )     (64 )     (67 )
Net other postretirement expense   $ 179     $ 131     $ 536     $ 392  

The Company previously disclosed in its Consolidated Financial Statements for the year ended December 31, 2014 that it expects to contribute $0.3 million and $0.2 million to the Outside Director Pension Plan (the “Outside Director Pension Plan”) and the other postretirement benefit plans (the “Other Postretirement Benefit Plans”), respectively, during the year ending December 31, 2015. The Company does not expect to make a contribution to the Employee Pension Plan (the “Employee Pension Plan”). As of September 30, 2015, the Company has contributed $0.1 million to the Outside Director Pension Plan and $49,000 to the Other Postretirement Benefit Plans. As of September 30, 2015, the Company has not revised its expected contributions for the year ending December 31, 2015.