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Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS (Tables)
 12 Months Ended
Dec. 31, 2012
Note 19 - Defined Contribution And Benefit Plans Tables  
Compensation Retirement Benefits Actuarial valuation

The following table sets forth the Plan’s funded status and pension amounts recognized as at December 31, 2010, 20111 mer accounted form 10% of eased from 95.8% to 100%.insd)ch to completely pay off the term loan by end of February 2013. o2011 and 2012 based on the latest actuarial valuation:

 

    2010     2011     2012  
                   
Change in benefit obligation:                  
Benefit obligation at beginning of year   $ 2,012     $ 2,761     $ 2,935  
Foreign currency translation adjustments     285       (136 )     110  
Service cost     302       181       192  
Interest cost     223       106       128  
Benefits paid     (61 )     (219 )     (1,038 )
Actuarial loss     –       244       153  
Prior service cost     –       –       2,973  
Curtailment     –       (2 )     –  
Other adjustment     –       –       387  
Benefit obligation at end of year   $ 2,761     $ 2,935     $ 5,840  
                         
Change in plan assets:                        
Fair value of plan assets at beginning of year   $  –     $  –     $  –  
Employer’s contribution                        
Fair value of plan assets at end of year   $ –     $ –     $ –  
Funded status   $ (2,761 )   $ (2,935 )   $ (5,840 )
Unrealized net transition obligation     –       –       –  
Unrecognized net actuarial loss (gain)     –       –       –  
Accrued benefit cost   $ (2,761 )   $ (2,935 )   $ (5,840 )
                         
Components of net periodic benefit cost:                        
Service cost   $ 302     $ 181     $ 192  
Interest cost     223       106       128  
Amortizations of:                        
Unrecognized net prior service cost (credit)     (8 )     (8 )     (7 )
Unrecognized actuarial loss     22       9       151  
Other adjustment     –       –       387  
Net periodic benefit cost   $ 539     $ 288     $ 851  
                         
Amounts recognized in accumulated other comprehensive loss consist of the following: (recognized under ASC 715)                        
Actuarial loss   $ 669     $ 602     $ 748  
Prior service (credit) cost     (129 )     7       2,862  
Total recognized in other comprehensive loss   $ 540     $ 609     $ 3,610  
Assumptions used in actuarial present value of the projected benefit obligations

The significant assumptions used in determining the actuarial present value of the projected benefit obligations as of December 31, 2011 and 2012 are as follows:

 

    2011     2012  
Discount Rate     4.2 %     4.0 %
Rate of Increase in Compensation Levels     6.0% - 8.00 %     6.0 %
Employee turnover rates:-                
Prior to age 35                                                                     4.0% - 15.0 %     4.0% - 15.0 %
Age 35 to 50     2.0% - 7.0 %     2.0% - 7.0 %
Age 51 to 60     0.0% - 2.0 %     0.0% - 2.0 %
Future expected service pension benefit payments

The following pension benefit payments, which reflect expected future service, as appropriate, are expected to be paid:

Year ended December 31      
2013   $ 453  
2014     21  
2015     619  
2016     254  
2017     301  
2018 - 2022     2,248  
    $ 3,896