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Note 7 - Other Income, Net
 6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Other Income and Other Expense Disclosure [Text Block]
(
7
)          Other (Income), Net
 
During the
six
months ended
June 30, 2019,
the Company recognized a gain of
$1,500,000
as a result of a settlement agreement with
one
of its customers to resolve various outstanding disputes between the
two
parties. As a result of the agreement, the customer agreed to pay the Company
$1,500,000
in compensation, which is recorded in other current assets as of
June 
30,
 
2019.
This amount was subsequently received in
July 2019.
Additionally, the Company recognized a net gain of
$477,000
for the
six
months ended
June 
30,
 
2019
related to the sale of idle assets, which was offset by pension expense of
$495,000.
 
During the
six
months ended
July 1, 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. Subsequent to the transfer of production from the Broadway Plant, the primary water supply and sprinkler pipes within the facility suffered freeze damage during an extended period of extreme cold temperatures. The Company and its insurer reached a full and final settlement agreement with respect to the claim during the
second
quarter of
2018.
During the
six
months ended
July 
1,
 
2018,
the Company received insurance proceeds of
$2,447,000
and recognized an insurance recovery gain of
$2,275,000,
net of expenses incurred for claim related expenses. Additionally, the Company recognized a net loss of
$225,000
related to the sale of certain idle assets and pension expense of
$322,000
for the
six
months ended
July 
1,
 
2018.