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EMPLOYEE BENEFIT PLANS
 6 Months Ended
Jun. 30, 2012
EMPLOYEE BENEFIT PLANS [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 six months ended June 30, 2012 and June 30, 2011 was as follows:

 
2012
 
 
2011
 
Service cost
 
$
26
 
 
$
32
 
Interest cost
 
 
21
 
 
 
32
 
Amortization of prior service cost
 
 
(9
)
 
 
(9
)
Amortization of loss
 
 
2
 
 
 
7
 
Net periodic benefit cost
 
$
40
 
 
$
62
 

The amount recorded on the Company's balance sheet as of June 30, 2012 for this obligation is $1,125, 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.