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Note 8 - Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Schedule of Costs of Retirement Plans [Table Text Block]
  

Year Ended December 31,

 

(in thousands)

 

2022

  

2021

 

Interest cost

 $371  $358 

Expected return on plan assets

  (818)  (675)

Net amortization loss

  27   551 

Recognition of net loss due to settlements

  -   115 

Net periodic benefit (credit) cost

 $(420) $349 
Schedule of Changes in Projected Benefit Obligations [Table Text Block]
  

December 31,

 

(in thousands)

 

2022

  

2021

 

Change in benefit obligation:

        

Balance at beginning of year

 $22,562  $25,519 

Interest cost

  371   358 

Actuarial (gain) loss

  (6,912)  (2,440)

Settlements due to transfers paid

  -   (198)

Benefits paid

  (592)  (498)

Currency translation adjustment

  (2,166)  (179)

Balance at end of year

 $13,263  $22,562 
Schedule of Changes in Fair Value of Plan Assets [Table Text Block]
  

December 31,

 

(in thousands)

 

2022

  

2021

 

Change in fair value of plan assets:

        

Balance at beginning of year

 $27,252  $23,926 

Actual return on plan assets

  (9,098)  3,354 

Employer contributions

  619   1,042 

Settlement due to transfers paid

  -   (270)

Benefits paid

  (592)  (498)

Currency translation adjustment

  (2,605)  (302)

Balance at end of year

 $15,576  $27,252 
Schedule of Net Funded Status [Table Text Block]
  

December 31,

 

(in thousands)

 

2022

  

2021

 

Benefit obligation

 $13,263  $22,562 

Fair value of plan assets

  15,576   27,252 

Net funded status

 $2,313  $4,690 
Schedule of Amounts Recognized in Balance Sheet [Table Text Block]
  

December 31,

 

(in thousands)

 

2022

  

2021

 

Other long-term assets

 $2,313  $4,690 

Deferred income tax liabilities

  (579)  (891)

Recognized in accumulated other comprehensive loss

 $1,734  $3,799 
Defined Benefit Plan, Assumptions [Table Text Block]
  

Year Ended December 31,

 
  

2022

  

2021

 

Discount rate

  5.0%  1.8%

Expected return on assets

  5.0%  2.8%
Schedule of Allocation of Plan Assets [Table Text Block]
  

December 31,

 

(in thousands)

 

2022

  

2021

 

Asset category:

                

Equity securities

 $3,507   23% $14,295   52%

Debt securities

  11,714   75%  4,720   17%

Liability driven investment funds

  -   -   5,722   21%

Cash and cash equivalents

  185   1%  1,907   7%

Other

  170   1%  608   2%

Total

 $15,576   100% $27,252   100%
Defined Benefit Plan, Plan Assets, Category [Table Text Block]
  

December 31,

 

(in thousands)

 

2022

  

2021

 

Quoted Prices in Active Markets for Identical Assets (Level 1)

 $185  $1,907 

Significant Other Observable Inputs (Level 2)

  15,391   25,345 

Significant Other Unobservable Inputs (Level 3)

  -   - 

Total

 $15,576  $27,252