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EMPLOYEE BENEFIT PLAN
 6 Months Ended
Jun. 30, 2015
EMPLOYEE BENEFIT PLAN [Abstract]  
EMPLOYEE BENEFIT PLAN
NOTE 13 – 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 costs for such retirement medical plan were as follows:

  
Six Months Ended
June 30,
 
  
2015
  
2014
 
Service cost
 
$
27
  
$
28
 
Interest cost
  
18
   
24
 
Amortization of prior service credit
  
(9
)
  
(9
)
Amortization of loss
  
-
   
3
 
Net periodic benefit cost
 
$
36
  
$
46
 

The amount recorded for this obligation on the Company’s balance sheet as of June 30, 2015 and December 31, 2014 is $1,156 and $1,111, respectively, and 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.