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Note 6 - Deferred Compensation and Long-Term Incentive Plan
6 Months Ended
Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]

Note 6. Deferred Compensation and Long-Term Incentive Plan


We offer a deferred compensation and long-term incentive plan (the “LTIP”) to provide certain employees the ability to accumulate assets for retirement on a tax-deferred basis. We may make discretionary contributions to the LTIP. Discretionary contributions vest over one to seven years depending on the employee’s age and position. Additionally, a participant may defer a portion of his or her compensation and receive the deferred amount upon certain events, including termination or retirement. The following is a summary related to our LTIP (dollars in thousands):


   

Three Months Ended

June 30,

   

Six Months Ended

June 30,

 
   

2015

   

2014

   

2015

   

2014

 

Compensation expense

  $ 463     $ 377     $ 920     $ 1,077  

Discretionary contribution

  $ 153     $ -     $ 2,249     $ 2,100  

Guaranteed annual return

    5.25 %     5.25 %     5.25 %     5.25 %

As of June 30, 2015 and December 31, 2014, the balance due to participants was $16.0 million and $14.2 million, respectively, and was included as a component of accrued liabilities and other long-term liabilities in the Consolidated Balance Sheets.