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EMPLOYEE BENEFIT PLANS (Tables) | 12 Months Ended
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Dec. 31, 2013
EMPLOYEE BENEFIT PLANS [Abstract] |
Benefit Plan's projected benefit obligation and valuation of plan assets | The Benefit Plan’s projected benefit obligation and valuation of plan assets were as follows for the years ended December 31 (in thousands):
Projected benefit obligation: |  | 2013 |  |  | 2012 |
Balance, beginning of year |  | $ | 714 |  |  | $ | 1,270 |
Service cost |  |  | 106 |  |  |  | 169 |
Interest cost |  |  | 6 |  |  |  | 15 |
Liability losses |  |  | 59 |  |  |  | 94 |
Benefits paid to participants |  |  | (121 | ) |  |  | (71 | )
Special termination benefit |  |  | — |  |  |  | 7 |
Prior service cost |  |  | — |  |  |  | (678 | )
Foreign currency |  |  | (135 | ) |  |  | (92 | )
Balance, end of year |  | $ | 629 |  |  | $ | 714 |
Plan assets: |  | 2013 |  |  | 2012 |
Fair value, beginning of year |  | $ | — |  |  | $ | — |
Company contributions |  |  | 121 |  |  |  | 71 |
Benefits paid to participants |  |  | (121 | ) |  |  | (71 | )
Fair value, end of year |  | $ | — |  |  | $ | — |
Funded status of the Benefit Plan as of December 31 (in thousands): |  | 2013 |  |  | 2012 |
Benefit obligation |  | $ | (629 | ) |  | $ | (714 | )
Fair value of plan assets |  |  | — |  |  |  | — |
Excess of benefit obligation over fair value of plan assets |  | $ | (629 | ) |  | $ | (714 | )
Amounts recognized in the accompanying Consolidated Balance Sheets consist of, as of December 31 (in thousands): |  | 2013 |  |  | 2012 |
Accrued benefit liability |  | $ | (629 | ) |  | $ | (714 | )
Transition obligation and unrealized gain |  |  | (458 | ) |  |  | (682 | )
Net amount recognized in the consolidated balance sheets |  | $ | (1,087 | ) |  | $ | (1,396 | )
|  | Years Ended December 31, |
Other changes recognized in comprehensive income/loss (in thousands): |  | 2013 |  |  | 2012 |
Net periodic cost |  | $ | 64 |  |  | $ | 158 |
Current year loss |  |  | 59 |  |  |  | 94 |
Amortization of transition obligation |  |  | (4 | ) |  |  | (5 | )
Total recognized in other comprehensive income |  |  | 55 |  |  |  | 89 |
Total recognized in comprehensive income (loss) |  | $ | 119 |  |  | $ | 247 |
|  | As of December 31, |
Amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive gain/loss (in thousands): |  | 2013 |  |  | 2012 |
Transition obligation |  | $ | 66 |  |  | $ | 168 |
Prior service cost |  |  | 447 |  |  |  | 602 |
Net actuarial gain |  |  | (55 | ) |  |  | (88 | )
Total recognized in accumulated other comprehensive loss |  | $ | 458 |  |  | $ | 682 |
2014 estimated amounts of amortized transition obligation (in thousands): |  | 2014 |
Transition obligation |  | $ | (4 | )
| As of December 31, |
Aggregate Benefit Plan information and accumulated benefit obligation in excess of plan assets (in thousands): | 2013 |  | 2012 |
Projected benefit obligation |  | $ | 629 |  |  | $ | 714 |
Accumulated benefit obligation |  |  | 629 |  |  |  | 714 |
Fair value of plan assets |  |  | — |  |  |  | — |
Weighted-average assumptions to determine the benefit obligation and net cost | The weighted-average assumptions to determine the benefit obligation and net cost are as follows:
|  | 2013 |  |  | 2012 |
Discount rate |  |  | 0.50 | % |  |  | 1.00 | %
Rate of increase in compensation levels |  |  | — |  |  |  | — | %
Pension expense for Benefit Plan included in selling, general and administrative expenses | Pension expense for the Benefit Plan is included in selling, general and administrative expenses in the Consolidated Statements of Operations and is comprised of the following for the years ended December 31 (in thousands):
|  | 2013 |  |  | 2012 |
Service cost |  | $ | 106 |  |  | $ | 169 |
Interest cost |  |  | 6 |  |  |  | 15 |
Amortization of transition obligation |  |  | 4 |  |  |  | 5 |
Gain |  |  | (4 | ) |  |  | (9 | )
Special termination |  |  | — |  |  |  | 7 |
Prior service cost |  |  | (48 | ) |  |  | (29 | )
Benefit adjustment |  |  | — |  |  |  | — |
Total pension expense |  | $ | 64 |  |  | $ | 158 |
Benefits expected to be paid by the Benefit Plan | The Company expects to contribute approximately $90,000 to the Benefit Plan in 2014. As of December 31, 2013, benefits expected to be paid by the Benefit Plan for the next ten years is approximately as follows (in thousands):
2014 |  | $ | 90 |
2015 |  |  | 135 |
2016 |  |  | 57 |
2017 |  |  | 54 |
2018 |  |  | 50 |
Next five years |  |  | 210 |
Total expected benefits to be paid |  | $ | 596 |

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- Definition Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e1928-114920 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e2417-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=32704760&loc=d3e4179-114921 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e2439-114920 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e2410-114920 + Details
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- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e1928-114920 + Details
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