| Summary Of The Balance Sheet Impact, Including Benefit Obligations, Assets And Funded Status Of The Pension Plan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2015
|
|
|
2014
|
|
Change in benefit obligation:
|
|
|
|
|
|
|
|
Benefit obligation at the beginning of the year
|
|
$
|
3,584,000
|
|
$
|
3,340,000
|
|
Service cost
|
|
|
50,000
|
|
|
8,000
|
|
Interest cost
|
|
|
122,000
|
|
|
143,000
|
|
Actuarial (gains)/losses
|
|
|
(193,000)
|
|
|
363,000
|
|
Benefits paid
|
|
|
(117,000)
|
|
|
(78,000)
|
|
Changes due to plan settlement
|
|
|
(534,000)
|
|
|
-
|
|
Foreign currency gains
|
|
|
(163,000)
|
|
|
(192,000)
|
|
Benefit obligation at the end of the year
|
|
|
2,749,000
|
|
|
3,584,000
|
|
|
|
|
|
|
|
|
|
Change in plan assets:
|
|
|
|
|
|
|
|
Fair value of plan assets at beginning of year
|
|
|
3,756,000
|
|
|
3,645,000
|
|
Actual return on plan assets
|
|
|
172,000
|
|
|
340,000
|
|
Employer contributions
|
|
|
703,000
|
|
|
59,000
|
|
Benefits paid
|
|
|
(117,000)
|
|
|
(78,000)
|
|
Changes due to plan settlement
|
|
|
(1,720,000)
|
|
|
-
|
|
Foreign currency losses
|
|
|
(171,000)
|
|
|
(210,000)
|
|
Fair value of plan assets at end of year
|
|
|
2,623,000
|
|
|
3,756,000
|
|
|
|
|
|
|
|
|
|
Funded status at end of year – net (liability) asset
|
|
$
|
(126,000)
|
|
$
|
172,000
|
|
| Summary Of Components Of Net Periodic (Benefit) Cost |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2015
|
|
|
2014
|
|
|
2013
|
|
Service cost
|
|
$
|
50,000
|
|
$
|
8,000
|
|
$
|
5,000
|
|
Interest cost
|
|
|
122,000
|
|
|
143,000
|
|
|
186,000
|
|
Expected return on assets
|
|
|
(162,000)
|
|
|
(188,000)
|
|
|
(229,000)
|
|
Plan settlement costs
|
|
|
1,720,000
|
|
|
-
|
|
|
-
|
|
Amortization of prior service cost
|
|
|
-
|
|
|
-
|
|
|
211,000
|
|
Net periodic pension cost (benefit)
|
|
$
|
1,730,000
|
|
$
|
(37,000)
|
|
$
|
173,000
|
|