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Employee Savings and Stock Purchase Plans, Collective Bargaining Agreements and Executive Benefit Agreement (Tables)
12 Months Ended
Dec. 31, 2022
Compensation Related Costs [Abstract]  
Executive Benefit Agreement

The following table includes information about this agreement:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(In Thousands)

 

Total undiscounted death benefit

 

$

 

 

$

2,500

 

Total accrued death benefit

 

$

 

 

$

2,514

 

Life Insurance Policies

The following table summarizes certain information about these life insurance policies.

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(In Thousands)

 

Total face value of life insurance policies

 

$

1,500

 

 

$

4,500

 

 

 

 

 

 

 

 

Total cash surrender values of life insurance policies

 

$

1,936

 

 

$

1,863

 

Loans on cash surrender values

 

 

(1,642

)

 

 

(1,642

)

Net cash surrender values

 

$

294

 

 

$

221

 

Life Insurance Premiums

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

(In Thousands)

 

Cost of life insurance premiums

 

$

54

 

 

$

215

 

 

$

215

 

Increase in cash surrender values

 

 

(73

)

 

 

(69

)

 

 

(69

)

Net cost of life insurance premiums included in SG&A

 

$

(19

)

 

$

146

 

 

$

146