XML 53 R33.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Note 9 - Pensions and Other Postretirement Benefits (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Notes Tables |
Schedule of Changes in Projected Benefit Obligations [Table Text Block] |
|  | Pension Plans |  |  | Postretirement Plan |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Accumulated benefit obligation at end of year |  | $ | 49,918 |  |  | $ | 50,114 |  |  | $ | 23,758 |  |  | $ | 24,276 |
Change in projected benefit obligation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Benefit obligation at beginning of year |  | $ | 62,149 |  |  | $ | 55,930 |  |  | $ | 24,276 |  |  | $ | 23,954 |
Service cost |  |  | 1,998 |  |  |  | 2,180 |  |  |  | 851 |  |  |  | 835 |
Interest cost |  |  | 2,737 |  |  |  | 2,652 |  |  |  | 1,123 |  |  |  | 1,196 |
Plan Changes |  |  | - |  |  |  | - |  |  |  | (394 | ) |  |  | - |
Settlement |  |  | (1 | ) |  |  | - |  |  |  | - |  |  |  | - |
Benefits paid |  |  | (2,589 | ) |  |  | (1,646 | ) |  |  | (2,084 | ) |  |  | (1,796 | )
Settlement Payments |  |  | (455 | ) |  |  | - |  |  |  | - |  |  |  | - |
Effect of foreign exchange |  |  | - |  |  |  | - |  |  |  | (23 | ) |  |  | 6 |
Actual expenses |  |  | (150 | ) |  |  | (161 | ) |  |  | - |  |  |  | - |
Actuarial (gain)/loss |  |  | (1,930 | ) |  |  | 3,194 |  |  |  | 9 |  |  |  | 81 |
Benefit obligation at end of year |  | $ | 61,759 |  |  | $ | 62,149 |  |  | $ | 23,758 |  |  | $ | 24,276 |
Change in plan assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Plan assets at beginning of year |  | $ | 50,649 |  |  | $ | 46,600 |  |  | $ | - |  |  | $ | - |
Actual return on plan assets |  |  | 2,586 |  |  |  | 3,606 |  |  |  | - |  |  |  | - |
Employer contributions |  |  | 5,089 |  |  |  | 2,250 |  |  |  | 2,084 |  |  |  | 1,796 |
Benefits paid |  |  | (2,589 | ) |  |  | (1,646 | ) |  |  | (2,084 | ) |  |  | (1,796 | )
Settlement Payments |  |  | (455 | ) |  |  | - |  |  |  | - |  |  |  | - |
Actual expenses |  |  | (150 | ) |  |  | (161 | ) |  |  | - |  |  |  | - |
Plan assets at end of year |  | $ | 55,130 |  |  | $ | 50,649 |  |  | $ | 0 |  |  | $ | 0 |
Funded status at end of year |  | $ | (6,629 | ) |  | $ | (11,500 | ) |  | $ | (23,758 | ) |  | $ | (24,276 | )
|  | Pension Plans |  |  | Postretirement Plan |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Amounts recognized in the Consolidated Balance Sheets consist of: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | - |  |  | $ | - |  |  | $ | (1,580 | ) |  | $ | (1,490 | )
Noncurrent liabilities |  |  | (6,629 | ) |  |  | (11,500 | ) |  |  | (22,178 | ) |  |  | (22,786 | )
Total assets (liabilities) |  | $ | (6,629 | ) |  | $ | (11,500 | ) |  | $ | (23,758 | ) |  | $ | (24,276 | )
Amounts recognized in Accumulated other comprehensive loss consist of: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net actuarial loss |  | $ | 16,559 |  |  | $ | 19,084 |  |  | $ | 252 |  |  | $ | (236 | )
Deferred tax (benefit) expense |  |  | (4,202 | ) |  |  | (4,803 | ) |  |  | 19 |  |  |  | 135 |
After tax actuarial loss |  | $ | 12,357 |  |  | $ | 14,281 |  |  | $ | 271 |  |  | $ | (101 | )
Schedule of Costs of Retirement Plans [Table Text Block] |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Pension Plans |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 1,998 |  |  | $ | 2,180 |  |  | $ | 2,400 |
Interest cost |  |  | 2,737 |  |  |  | 2,652 |  |  |  | 2,326 |
Expected return on plan assets |  |  | (3,450 | ) |  |  | (2,695 | ) |  |  | (2,892 | )
Recognized actuarial loss |  |  | 1,455 |  |  |  | 1,461 |  |  |  | 1,724 |
Settlement loss |  |  | - |  |  |  | - |  |  |  | 6,427 |
Net periodic benefit cost |  | $ | 2,740 |  |  | $ | 3,598 |  |  | $ | 9,985 |
Other changes in pension plan assets and benefit obligations recognized in other comprehensive loss: |  |  |  |  |  |  |  |  |  |  |  |
Net (gain) loss |  |  | (2,524 | ) |  |  | 822 |  |  |  | (7,726 | )
Total expense recognized in net periodic benefit cost and other comprehensive income |  | $ | 216 |  |  | $ | 4,420 |  |  | $ | 2,259 |
Postretirement Plan |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 851 |  |  | $ | 835 |  |  | $ | 1,146 |
Interest costs |  |  | 1,123 |  |  |  | 1,196 |  |  |  | 760 |
Prior service cost recognition |  |  | (75 | ) |  |  | (995 | ) |  |  | (1,128 | )
Recognized actuarial loss (gain) |  |  | (31 | ) |  |  | (38 | ) |  |  | 368 |
Net periodic benefit cost |  | $ | 1,868 |  |  | $ | 998 |  |  | $ | 1,146 |
Other changes in postretirement plan assets and benefit obligations recognized in other comprehensive loss: |  |  |  |  |  |  |  |  |  |  |  |
Net loss (gain) |  | $ | (279 | ) |  | $ | 1,114 |  |  | $ | (4,317 | )
Total expense (benefit) recognized in net periodic benefit cost and other comprehensive income |  | $ | 1,589 |  |  | $ | 2,112 |  |  | $ | (3,171 | )
Defined Benefit Plan, Assumptions [Table Text Block] |
|  | Pension Plans |  |  | Postretirement Plan |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Weighted-average assumptions used to determine benefit obligations at December 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 5.32 | % |  |  | 4.69 | % |  |  | 5.41 | % |  |  | 4.86 | %
Rate of compensation increase |  |  | 3.50 | % |  |  | 3.50 | % |  |  | - |  |  |  | - |
Weighted-average assumptions used to determine net periodic benefit cost for years ended December 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.69 | % |  |  | 4.89 | % |  |  | 4.86 | % |  |  | 5.16 | %
Expected long-term rate of return on plan assets |  |  | 7.20 | % |  |  | 6.20 | % |  |  | - |  |  |  | - |
Rate of compensation increase |  |  | 3.50 | % |  |  | 3.50 | % |  |  | - |  |  |  | - |
Schedule of Allocation of Plan Assets [Table Text Block] |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |  |  | Plan Assets at December 31, 2024 |
Equity |  | $ | 14,262 |  |  | $ | - |  |  | $ | - |  |  | $ | 14,262 |
Fixed income |  |  | 10,458 |  |  |  | 18,608 |  |  |  | - |  |  |  | 29,066 |
Mutual funds |  |  | 3,529 |  |  |  | - |  |  |  | - |  |  |  | 3,529 |
Money funds and cash |  |  | 8,272 |  |  |  | - |  |  |  | 1 |  |  |  | 8,273 |
Total fair value of Plan assets |  | $ | 36,521 |  |  | $ | 18,608 |  |  | $ | 1 |  |  | $ | 55,130 |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |  |  | Plan Assets at December 31, 2023 |
Equity |  | $ | 13,660 |  |  | $ | - |  |  | $ | - |  |  | $ | 13,660 |
Fixed income |  |  | 8,913 |  |  |  | 18,579 |  |  |  | - |  |  |  | 27,492 |
Mutual funds |  |  | 3,684 |  |  |  | - |  |  |  | - |  |  |  | 3,684 |
Money funds and cash |  |  | 2,047 |  |  |  | 3,766 |  |  |  | - |  |  |  | 5,813 |
Total fair value of Plan assets |  | $ | 28,304 |  |  | $ | 22,345 |  |  | $ | - |  |  | $ | 50,649 |
Schedule of Expected Benefit Payments [Table Text Block] |
|  | 2025 |  |  | 2026 |  |  | 2027 |  |  | 2028 |  |  | 2029 |  |  | Thereafter |
Pension |  | $ | 9,933 |  |  | $ | 3,016 |  |  | $ | 4,136 |  |  | $ | 4,730 |  |  | $ | 4,860 |  |  | $ | 31,123 |
Postretirement |  |  | 1,622 |  |  |  | 1,698 |  |  |  | 1,747 |  |  |  | 1,808 |  |  |  | 1,896 |  |  |  | 11,481 |

X
- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (d)(5) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
Name: | us-gaap_ScheduleOfAllocationOfPlanAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 715 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (k) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
Name: | us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in the benefit obligation of pension plans and/or other employee benefit plans from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (a) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
Name: | us-gaap_ScheduleOfChangesInProjectedBenefitObligationsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the costs related to the various types of retirement plans including defined benefit pension plan cost, defined contribution plan cost, other postretirement benefit plan cost, and net periodic benefit cost. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 20 -Topic 715 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
Name: | us-gaap_ScheduleOfCostsOfRetirementPlansTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (f) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
Name: | us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration