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EMPLOYEE BENEFIT PLAN
9 Months Ended
Sep. 30, 2011
EMPLOYEE BENEFIT PLAN [Abstract] 
EMPLOYEE BENEFIT PLAN
NOTE 11 - EMPLOYEE BENEFIT PLAN

The Company currently provides postretirement benefits in the form of a retirement medical plan under a collective bargaining agreement covering eligible retired employees of its Verona, Missouri facility.

Net periodic benefit cost for such retirement medical plan for the nine months ended September 30, 2011 and September 30, 2010 was as follows:

   
2011
  
2010
 
Service cost
 $47  $26 
Interest cost
  49   34 
Expected return on plan assets
  -   - 
Amortization of transition obligation
  -   - 
Amortization of prior service cost
  (14)  (14)
Amortization of (gain)/loss
  10   (2)
Net periodic benefit cost
 $92  $44 

The amount recorded on the Company's balance sheet as of September 30, 2011 for this obligation is $1,393, and it is included in other long-term obligations. The plan is unfunded and approved claims are paid from Company funds. Historical cash payments made under such plan have typically been less than $100 per year.