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Note 8 - Other Expense (Income), Net
 9 Months Ended
Sep. 30, 2018
Notes to Financial Statements  
Other Income and Other Expense Disclosure [Text Block]
(
8
)
Other
Expense
(Income), Net
 
As described in Note
3,
the Company adopted ASU
2017
-
07
in the
first
quarter of
2018.
ASU
2017
-
07
requires the Company to disaggregate the service cost component from the other components of net periodic benefit costs and requires application on a retrospective basis. Accordingly, the other components of net periodic benefit costs included in other income for the
three
and
nine
-month periods ended
September 
30,
 
2018
were
$161,000
and
$483,000,
respectively. The components of net periodic benefit costs included in other income for the
three
and
nine
month periods ended
October 
1,
 
2017
were
$100,000
and
$299,000,
respectively.
 
During the
nine
months ended
September 
30,
2018,
the Company recognized an insurance recovery gain of
$2,275,000
related to the settlement of a property insurance claim on the Broadway Plant (see Note
7
). Additionally, the Company recognized a net loss of
$241,000
related to the sale of certain idle assets and foreign currency related translation gains of
$92,000
related to the U.S. dollar denominated monetary asset position of our Mexican subsidiaries for which the Mexican peso is the functional currency.
 
During the
three
and
nine
months ended
October 
1,
 
2017,
the Company recognized net gains of
$127,000
and
$2,664,000,
respectively, related to the sale of idle assets. Additionally, the Company recognized foreign currency related translation losses of
$147,000
and
$751,000,
respectively, related to the U.S. dollar denominated monetary asset position of our Mexican subsidiaries for which the Mexican peso is the functional currency.