XML 37 R23.htm IDEA: XBRL DOCUMENT
v3.21.1

OTHER LONG-TERM LIABILITIES | 12 Months Ended
--- | ---
Dec. 31, 2020
OTHER LONG-TERM LIABILITIES |
OTHER LONG-TERM LIABILITIES | 16— OTHER LONG-TERM LIABILITIES Other long-term liabilities consist of the following: ​
​ | ​ | ​ | ​ | ​
​ |  | 2020 |  | 2019
Provision for retirement indemnities (Japan & France), less current portion |  | 2,273 |  | 2,167
Provision for employee termination indemnities (Korea) less current portion |  | 69 |  | 56
Provision for Asset Retirement Obligation (Japan) less current portion |  | 113 |  | 117
Provision for warranty costs, less current portion |  | 106 |  | 110
Conditional government advances, less current portion |  | 1,097 |  | 1,071
Accrued interest less current portion |  | 62 |  | 46
Total |  | 3,720 |  | 3,567
​ Provision for asset retirement obligation in Japan is related to subsidiary’s offices and warehouses. Pension, post-retirement and post-employment benefits for most of the Company’s employees are sponsored by European governments. In addition to government-sponsored plans, subsidiaries in Japan and France have defined benefit retirement indemnity plans in place. The provision for retirement indemnities at December 31, 2020 represents an accrual for lump-sum retirement indemnity payments to be paid at the time an employee retires if he or she is still present at the Company at the date of retirement. This provision has been calculated taking into account the estimated payment at retirement (discounted to the current date), turnover and salary increases. The provision is management’s best estimate based on the following assumptions as of year-end : ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | Pension benefits France |
​ | ​ | 2020 | ​ | 2019 |
Discount rate |  | 0.60 | % | 0.90 | %
Salary increase |  | 2.50 | % | 2.50 | %
Retirement age |  | 65 |  | 65 | ​
Average retirement remaining service period |  | 24 |  | 24 | ​
​
​ | ​ | ​ | ​ | ​ | ​
​ |  | Pension benefits Japan |
​ | ​ | 2020 | ​ | 2019 |
Discount rate |  | 0.60 | % | 0.60 | %
Salary increase |  | 2.50 | % | 2.50 | %
Retirement age |  | 60 |  | 60 | ​
Average retirement remaining service period |  | 14 |  | 14 | ​
​ The discount rate retained is determined by reference to the high quality rates for AA- rated corporate bonds for a duration equivalent to that of the obligations. It derives from a benchmark per monetary area of different market data at the closing date. In 2020, provision presentation according to ASC 715 in thousands of euros : ​
​ | ​ | ​ | ​ | ​
​ |  | France |  | Japan
Non-current liabilities | ​ | 1,032 | ​ | 1,241
Current liabilities |  | 80 |  | 69
Accumulated other comprehensive income (loss) |  | (111) |  | (130)
Total |  | 1,000 |  | 1,181
​ In 2019, provision presentation according to ASC 715 in thousands of euros: ​
​ | ​ | ​ | ​ | ​
​ |  | France |  | Japan
Non-current liabilities | ​ | 960 | ​ | 1,207
Current liabilities |  | 10 |  | 22
Accumulated other comprehensive income (loss) |  | (67) |  | (136)
Total |  | 903 |  | 1,093
​ The Company does not have a funded benefit plan. Detailed reconciliation of pension cost components (in thousands of euros) during fiscal year for each of the three years ending December 31, 2020 is as follows : ​
​ | ​ | ​ | ​ | ​ | ​ | ​
France |  | 2020 |  | 2019 |  | 2018
Change in benefit obligations: |  |  |  |  |  |
Benefit obligations at beginning of year |  | 969 |  | 976 |  | 895
Service cost |  | 88 |  | 68 |  | 67
Interest cost |  | 9 |  | 16 |  | 14
Net loss or (gain) |  | — |  | 2 |  | —
Actuarial (gain) or loss |  | 45 |  | (93) | ​ | ​
Amortization of net prior service cost |  | 1 |  | 1 |  | 1
Benefits paid |  | — |  | — |  | —
Benefit obligations at end of year (1) |  | 1,111 |  | 969 |  | 976
Unrecognized actuarial (gain) loss (2) |  | 94 |  | 48 |  | 141
Unrecognized prior service cost (2) |  | 17 |  | 18 |  | 20
Accrued pension cost |  | 1,000 |  | 903 |  | 815
| (1) | The accumulated benefit obligation was €800 thousand and €693 thousand at December 31, 2020 and 2019 respectively.
| (2) | The amount in accumulated other comprehensive income (loss) to be recognized as components of net periodic benefit costs in 2020 is €1 thousand.
​
​ | ​ | ​ | ​ | ​ | ​ | ​
Japan |  | 2020 |  | 2019 |  | 2018
Change in benefit obligations: |  |  |  |  |  |
Benefit obligations at beginning of year |  | 1,230 |  | 1,311 |  | 1,182
Service cost |  | 123 |  | 140 |  | 131
Interest cost |  | 7 |  | 6 |  | 6
Amortization of net loss |  | 1 |  | 27 |  | 26
Actuarial (gain) / loss |  | (1) |  | (294) |  | —
Benefits paid |  | (5) |  | (3) |  | (94)
Exchange rate impact |  | (44) |  | 42 |  | (60)
Benefit obligations at end of year(1) |  | 1,310 |  | 1,230 |  | 1,311
Unrecognized actuarial (gain) loss (2) |  | 130 |  | 136 |  | 416
Unrecognized prior service cost (2) |  | — |  | — |  | —
Accrued pension cost |  | 1,181 |  | 1,093 |  | 895
| (1) | The accumulated benefit obligation was €1,134 thousand and €1,062 thousand at December 31, 2020 and 2019, respectively.
| (2) | The amount in accumulated other comprehensive income (loss) to be recognized as components of net periodic benefit costs in 2020 is €1 thousand.
The benefits expected to be paid in each of the next five fiscal years, and in the aggregate for the five fiscal years thereafter, are detailed in the table below: ​
​ | ​ | ​ | ​ | ​
​ |  | France |  | Japan
2021 |  | 80 |  | 70
2022 |  | — |  | 105
2023 |  | 67 |  | 114
2024 |  | — |  | 157
2025 |  | — |  | 167
2026-2030 |  | 318 |  | 397
​ |  | 465 |  | 1,008
​

X
- Definition The entire disclosure for other long-term liabilities. + References No definition available. + Details
Name: | edap_OtherLongTermLiabilitiesDisclosureTextBlock
Namespace Prefix: | edap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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