The Gorman-Rupp Company (GRC) 10-Q29 Oct 192019 Q3 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
Document And Entity Information - shares	Sep. 30, 2019	Oct. 25, 2019
Document Information [Line Items]
Entity Registrant Name	GORMAN RUPP CO
Entity Central Index Key	0000042682
Trading Symbol	grc
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding (in shares)		26,133,393
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Amendment Flag	false
Title of 12(b) Security	Common Stock

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Net sales	$ 99,298	$ 102,893	$ 304,487	$ 311,324
Cost of products sold	73,506	75,566	227,190	227,926
Gross profit	25,792	27,327	77,297	83,398
Selling, general and administrative expenses	14,154	14,207	43,505	43,435
Operating income	11,638	13,120	33,792	39,963
Other income (expense), net	269	532	792	(1,069)
Income before income taxes	11,907	13,652	34,584	38,894
Income taxes	2,132	2,951	7,107	8,403
Net income	$ 9,775	$ 10,701	$ 27,477	$ 30,491
Earnings per share (in dollars per share)	$ 0.37	$ 0.41	$ 1.05	$ 1.17
Cash dividends per share (in dollars per share)	$ 0.135	$ 0.125	$ 0.405	$ 0.375
Average number of shares outstanding (in shares)	26,133,393	26,117,045	26,125,553	26,110,484

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Net income	$ 9,775	$ 10,701	$ 27,477	$ 30,491
Other comprehensive (loss) income, net of tax:
Cumulative translation adjustments	(1,611)	118	(1,180)	(1,549)
Pension and postretirement medical liability adjustments	340	308	1,034	2,739
Other comprehensive (loss) income	(1,271)	426	(146)	1,190
Comprehensive income	$ 8,504	$ 11,127	$ 27,331	$ 31,681

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 85,702	$ 46,458
Accounts receivable, net	63,505	67,714
Inventories, net	73,599	87,387
Prepaid and other	5,440	7,127
Total current assets	228,246	208,686
Property, plant and equipment, net	111,353	113,493
Other assets	8,711	5,101
Prepaid pension assets	3,994	4,817
Goodwill and other intangible assets, net	35,113	36,185
Total assets	387,417	368,282
Current liabilities:
Accounts payable	15,419	16,678
Payroll and employee related liabilities	15,946	12,651
Commissions payable	6,557	9,222
Deferred revenue and customer deposits	6,440	5,232
Accrued expenses	6,840	4,682
Total current liabilities	51,202	48,465
Postretirement benefits	21,028	21,853
Other long-term liabilities	4,875	4,832
Total liabilities	77,105	75,150
Equity:
Common shares, without par value: Authorized – 35,000,000 shares; Outstanding – 26,133,393 shares at September 30, 2019 and 26,117,045 shares at December 31, 2018 (after deducting treasury shares of 915,403 and 931,751, respectively), at stated capital amounts	5,106	5,102
Additional paid-in capital	2,895	2,539
Retained earnings	325,880	308,914
Accumulated other comprehensive loss	(23,569)	(23,423)
Total equity	310,312	293,132
Total liabilities and equity	$ 387,417	$ 368,282

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares $ / shares in Thousands	Sep. 30, 2019	Dec. 31, 2018
Common shares, authorized (in shares)	35,000,000	35,000,000
Common shares, outstanding (in shares)	26,133,393	26,117,045
Treasury shares (in shares)	915,403	931,751
Common shares, par value (in dollars per share)	$ 0	$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities:
Net income	$ 27,477	$ 30,491
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	10,563	10,884
Pension expense	2,117	4,301
Contributions to pension plan		(4,000)
Stock based compensation	426	1,081
Changes in operating assets and liabilities:
Accounts receivable, net	3,733	(5,962)
Inventories, net	13,291	(7,811)
Accounts payable	(1,008)	1,857
Commissions payable	(2,575)	3,062
Deferred revenue and customer deposits	1,208	(210)
Income taxes	3,175	(2,738)
Accrued expenses and other	(1,454)	(390)
Benefit obligations	1,394	5,980
Net cash provided by operating activities	58,347	36,545
Cash used for investing activities:
Capital additions	(8,027)	(7,647)
Proceeds from sale of property, plant and equipment	42	791
Proceeds (purchases) of short-term investments, net		2,968
Net cash used for investing activities	(7,985)	(3,888)
Cash used for financing activities:
Cash dividends	(10,581)	(9,791)
Other	(482)	(459)
Net cash used for financing activities	(11,063)	(10,250)
Effect of exchange rate changes on cash	(55)	(706)
Net increase in cash and cash equivalents	39,244	21,701
Cash and cash equivalents:
Beginning of period	46,458	79,680
End of period	$ 85,702	$ 101,381

Consolidated Statements of Equi

Consolidated Statements of Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balances (in shares) at Dec. 31, 2017	26,106,623
Balance at Dec. 31, 2017	$ 5,100	$ 526	$ 332,378	$ (12,509)	$ 325,495
Net income			9,617		9,617
Other comprehensive income (loss)				699	699
Cash dividends			(3,263)		(3,263)
Balance at Mar. 31, 2018	$ 5,100	526	338,732	(11,810)	332,548
Balances (in shares) at Mar. 31, 2018	26,106,623
Balances (in shares) at Dec. 31, 2017	26,106,623
Balance at Dec. 31, 2017	$ 5,100	526	332,378	(12,509)	325,495
Net income					30,491
Other comprehensive income (loss)					1,190
Balance at Sep. 30, 2018	$ 5,102	840	353,116	(11,319)	347,739
Balances (in shares) at Sep. 30, 2018	26,117,045
Balances (in shares) at Mar. 31, 2018	26,106,623
Balance at Mar. 31, 2018	$ 5,100	526	338,732	(11,810)	332,548
Net income			10,173		10,173
Other comprehensive income (loss)				66	66
Stock based compensation (in shares)	1,422
Stock based compensation		38	6		44
Cash dividends			(3,264)		(3,264)
Balance at Jun. 30, 2018	$ 5,100	564	345,647	(11,744)	339,567
Balances (in shares) at Jun. 30, 2018	26,108,045
Net income			10,701		10,701
Other comprehensive income (loss)				425	426
Stock based compensation (in shares)	9,000
Stock based compensation	$ 2	276	32		310
Cash dividends			(3,264)		(3,264)
Balance at Sep. 30, 2018	$ 5,102	840	353,116	(11,319)	347,739
Balances (in shares) at Sep. 30, 2018	26,117,045
Balances (in shares) at Dec. 31, 2018	26,117,045
Balance at Dec. 31, 2018	$ 5,102	2,539	308,914	(23,423)	293,132
Net income			7,222		7,222
Other comprehensive income (loss)				164	164
Stock based compensation (in shares)	6,647
Stock based compensation	$ 1	(81)	35		(45)
Cash dividends			(3,526)		(3,526)
Balance at Mar. 31, 2019	$ 5,103	2,458	312,645	(23,259)	296,947
Balances (in shares) at Mar. 31, 2019	26,123,692
Balances (in shares) at Dec. 31, 2018	26,117,045
Balance at Dec. 31, 2018	$ 5,102	2,539	308,914	(23,423)	293,132
Net income					27,477
Other comprehensive income (loss)					(146)
Balance at Sep. 30, 2019	$ 5,106	2,895	325,880	(23,569)	310,312
Balances (in shares) at Sep. 30, 2019	26,133,393
Balances (in shares) at Mar. 31, 2019	26,123,692
Balance at Mar. 31, 2019	$ 5,103	2,458	312,645	(23,259)	296,947
Net income			10,480		10,480
Other comprehensive income (loss)				961	961
Stock based compensation (in shares)	701
Stock based compensation	$ 1	485	2		488
Cash dividends			(3,527)		(3,527)
Balance at Jun. 30, 2019	$ 5,104	2,943	319,600	(22,298)	305,349
Balances (in shares) at Jun. 30, 2019	26,124,393
Net income			9,775		9,775
Other comprehensive income (loss)				(1,271)	(1,271)
Stock based compensation (in shares)	9,000
Stock based compensation	$ 2	(48)	33		(13)
Cash dividends			(3,528)		(3,528)
Balance at Sep. 30, 2019	$ 5,106	$ 2,895	$ 325,880	$ (23,569)	$ 310,312
Balances (in shares) at Sep. 30, 2019	26,133,393

Consolidated Statements of Eq_2

Consolidated Statements of Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018
Retained Earnings [Member]
Cash dividends, amount per share (in dollars per share)	$ 0.135	$ 0.135	$ 0.135	$ 0.125	$ 0.125	$ 0.125
Cash dividends, amount per share (in dollars per share)	$ 0.135			$ 0.125

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation of Financial Statements	9 Months Ended
Note 1 - Basis of Presentation of Financial Statements	Sep. 30, 2019
Notes to Financial Statements
Basis of Accounting [Text Block]	NOTE 1 The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and in accordance with the instructions to Form 10 not three nine September 30, 2019 not may December 31, 2019. 10 December 31, 2018,

Note 2 - Recently Issued Accoun

Note 2 - Recently Issued Accounting Standards	9 Months Ended
Note 2 - Recently Issued Accounting Standards	Sep. 30, 2019
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	NOTE 2 The Company considers the applicability and impact of all Accounting Standard Updates (“ASUs”). ASUs not not Recently Adopted Accounting Standards In February 2016, 2016 02, 842 one 2016 02. 842 January 1, 2019. 9,

Note 3 - Revenue

Note 3 - Revenue	9 Months Ended
Note 3 - Revenue	Sep. 30, 2019
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	NOTE 3 Disaggregation of Revenue The following tables disaggregate total net sales by major product category and geographic location: Product Category Three Months Ended September 30, Nine Months Ended Septem b er 30, 2019 2018 2019 2018 Pumps and pump systems $ 86,114 $ 89,835 $ 260,913 $ 268,485 Repair parts for pumps and pump systems and other 13,184 13,058 43,574 42,839 Total net sales $ 99,298 $ 102,893 $ 304,487 $ 311,324 Geographic Location Three Months Ended September 30, Nine Months Ended mb er 30, 201 9 201 8 2019 2018 United States $ 69,491 $ 65,285 $ 211,976 $ 201,237 Foreign countries 29,807 37,608 92,511 110,087 Total net sales $ 99,298 $ 102,893 $ 304,487 $ 311,324 International sales represented approximately 30% 37% third 2019 2018, Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to a customer, and is the unit of account in ASC Topic 606. not All of the Company's performance obligations, and associated revenue, are generally transferred to customers at a point in time, with the exception of certain highly customized pump products, which are transferred to the customer over time. The Company offers standard warranties for its products to ensure that its products comply with agreed-upon specifications in its contracts. For standard warranties, these do not Shipping and handling activities related to products sold to customers, whether performed before or after the customer obtains control of the products, are generally accounted for as activities to fulfill the promise to transfer the products and not On September 30, 2019, $101.4 one Contract Estimates Accounting for long-term contracts involves the use of various techniques to estimate total contract revenue and costs. For long-term contracts, the Company estimates the profit on a contract as the difference between the total estimated revenue and expected costs to complete a contract and recognizes that profit as performance obligations are satisfied. Contract estimates are based on various assumptions to project the outcome of future events that could span longer than one As a significant change in one Contract Balances The timing of revenue recognition, billings and cash collections results in billed accounts receivable, unbilled receivables (contract assets), and customer advances and deposits (contract liabilities) in the Consolidated Balance Sheets. For certain highly customized pump products, revenue is recognized over time before the customer is invoiced, resulting in contract assets. Sometimes the Company receives advances or deposits from its customers before revenue is recognized, resulting in contract liabilities. These contract assets and liabilities are reported in the Consolidated Balance Sheets as a component of Other assets and Deferred revenue and customer deposits, respectively, on a contract-by-contract basis at the end of each reporting period. The Company’s contract assets and liabilities as of September 30, 2019 December 31, 2018, September 3 0, 201 9 December 31 , 201 8 Contract assets $ 1,290 $ 1,953 Contract liabilities $ 6,440 $ 5,232 Revenue recognized for the nine September 30, 2019 2018 $4.4 $3.4

Note 4 - Inventories

Note 4 - Inventories	9 Months Ended
Note 4 - Inventories	Sep. 30, 2019
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 4 LIFO inventories are stated at the lower of cost or market and all other inventories are stated at the lower of cost or net realizable value. Replacement cost approximates current cost and the excess over LIFO cost is approximately $64.0 $63.7 September 30, 2019 December 31, 2018, $5.9 $5.3 September 30, 2019 December 31, 2018, third 2019, $0.8 third 2019. Inventories are comprised of the following: Inventories, net: September 3 0 , 2019 December 31, 2018 Raw materials and in-process $ 14,809 $ 21,773 Finished parts 48,384 54,209 Finished products 10,406 11,405 Total net inventories $ 73,599 $ 87,387

Note 5 - Property, Plant and Eq

Note 5 - Property, Plant and Equipment	9 Months Ended
Note 5 - Property, Plant and Equipment	Sep. 30, 2019
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 5 Property, plant and equipment, net consist of the following: September 3 0 , 2019 December 31, 2018 Land $ 4,936 $ 3,869 Buildings 109,143 106,940 Machinery and equipment 181,417 177,668 295,496 288,477 Less accumulated depreciation (184,143 ) (174,984 ) Property, plant and equipment, net $ 111,353 $ 113,493

Note 6 - Product Warranties

Note 6 - Product Warranties	9 Months Ended
Note 6 - Product Warranties	Sep. 30, 2019
Notes to Financial Statements
Product Warranty Disclosure [Text Block]	NOTE 6 A liability is established for estimated future warranty and service claims based on historical claims experience and specific product failures. The Company expenses warranty costs directly to Cost of products sold. Changes in the Company’s product warranties liability are: September 3 0 , 2019 2018 Balance at beginning of year $ 1,380 $ 1,098 Provision 1,350 803 Claims (1,254 ) (904 ) Balance at end of period $ 1,476 $ 997

Note 7 - Pension and Other Post

Note 7 - Pension and Other Postretirement Benefits	9 Months Ended
Note 7 - Pension and Other Postretirement Benefits	Sep. 30, 2019
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	NOTE 7 The Company sponsors a defined benefit pension plan (“Plan”) covering certain domestic employees. Benefits are based on each covered employee’s years of service and compensation. The Plan is funded in conformity with the funding requirements of applicable U.S. regulations. The Plan was closed to new participants effective January 1, 2008. 401 Additionally, the Company sponsors defined contribution pension plans made available to all domestic and Canadian employees. The Company funds the cost of these benefits as incurred. The Company also sponsors a non-contributory defined benefit postretirement health care plan that provides health benefits to certain domestic and Canadian retirees and eligible spouses and dependent children. The Company funds the cost of these benefits as incurred. The following tables present the components of net periodic benefit costs: Pension Benefits Postretirement Benefits Three Months Ended September 30, Three Months Ended September 30, 201 9 201 8 201 9 201 8 Service cost $ 551 $ 562 $ 271 $ 194 Interest cost 614 644 235 141 Expected return on plan assets (890 ) (1,073 ) - - Amortization of prior service cost - - (282 ) (283 ) Recognized actuarial loss (gain) 431 388 7 (103 ) Settlement loss 120 - - Net periodic benefit cost (gain) (a) $ 706 $ 641 $ 231 $ (51 ) Pension Benefits Postretirement Benefits Nine Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Service cost $ 1,653 $ 1,857 $ 812 $ 582 Interest cost 1,841 1,882 706 422 Expected return on plan assets (2,671 ) (3,380 ) - - Amortization of prior service cost - - (846 ) (847 ) Recognized actuarial loss (gain) 1,294 1,206 21 (310 ) Settlement loss - 2,736 - - Net periodic benefit cost (gain) (a) $ 2,117 $ 4,301 $ 693 $ (153 ) (a) The components of net periodic benefit cost other than the service cost component are included in Other income (expense), net in the Consolidated Statements of Income.

Note 8 - Accumulated Other Comp

Note 8 - Accumulated Other Comprehensive Income (Loss)	9 Months Ended
Note 8 - Accumulated Other Comprehensive Income (Loss)	Sep. 30, 2019
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	NOTE 8 The reclassifications out of Accumulated other comprehensive income (loss) as reported in the Consolidated Statements of Income are: Three Months Ended Septem b er 30, Nine Months Ended 2019 2018 2019 2018 Pension and other postretirement benefits: Recognized actuarial loss (a) $ 438 $ 285 $ 1,315 $ 896 Settlement loss (b) - 120 - 2,736 Total before income tax $ 438 $ 405 $ 1,315 $ 3,632 Income tax (98 ) (97 ) (281 ) (893 ) Net of income tax $ 340 $ 308 $ 1,034 $ 2,739 (a) The recognized actuarial loss is included in Other income (expense), net in the Consolidated Statements of Income. (b) The settlement loss is included in Other income (expense), net in the Consolidated Statements of Income. The components of Accumulated other comprehensive income (loss) as reported in the Consolidated Balance Sheets are: Currency Pension and Accumulated Balance at December 31, 2018 $ (8,243 ) $ (15,180 ) $ (23,423 ) Reclassification adjustments - 1,315 1,315 Current period benefit (1,180 ) - (1,180 ) Income tax benefit (charge) - (281 ) (281 ) Balance at September 30, 2019 $ (9,423 ) $ (14,146 ) $ (23,569 ) Currency Pension and Accumulated Balance at December 31, 2017 $ (5,321 ) $ (7,188 ) $ (12,509 ) Reclassification adjustments - 3,632 3,632 Current period benefit (1,549 ) - (1,549 ) Income tax charge - (893 ) (893 ) Balance at September 30, 2018 $ (6,870 ) $ (4,449 ) $ (11,319 )

Note 9 - Leases

Note 9 - Leases	9 Months Ended
Note 9 - Leases	Sep. 30, 2019
Notes to Financial Statements
Leases of Lessee Disclosure [Text Block]	NOTE 9 On January 1, 2019, 2016 02 January 1, 2019 ( 2019 not not not 2016 02, not January 1, 2019. $1.6 January 1, 2019. The Company is currently a lessee under a number of operating leases and two none 1 5 5 1 not not Supplemental information related to leases and the Company’s Consolidated Financial Statements is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2019 2019 Components of lease costs: Operating lease costs $ 153 $ 420 Short-term lease costs 67 243 Finance lease costs 36 72 Total lease costs $ 256 $ 735 September 30, 2019 Weighted average remaining lease term (years): Operating leases 2.9 Finance leases 4.5 Weighted average discount rate: Operating leases 3.25 % Finance leases 3.25 % September 30, 2019 Operating Leases Financing Leases Total Leases Other assets - right-of-use assets $ 1,270 $ 570 $ 1,840 Lease liabilities included in: Accrued expenses - current portion of lease liabilities $ 560 $ 120 $ 680 Other long-term liabilities - non-current portion of lease liabilities 700 460 1,160 Total lease liabilities $ 1,260 $ 580 $ 1,840 Maturities of lease liabilities are as follows: September 3 0 , 2019 December 31, 2018 2019 $ 238 $ 702 2020 645 411 2021 481 260 2022 311 124 2023 221 75 Thereafter 45 10 Total lease payments $ 1,941 $ 1,582 Less: Interest (101 ) Present value of lease liabilities $ 1,840

Note 3 - Revenue (Tables)

Note 3 - Revenue (Tables)	9 Months Ended
Note 3 - Revenue (Tables)	Sep. 30, 2019
Notes Tables
Disaggregation of Revenue [Table Text Block]	Product Category Three Months Ended September 30, Nine Months Ended Septem b er 30, 2019 2018 2019 2018 Pumps and pump systems $ 86,114 $ 89,835 $ 260,913 $ 268,485 Repair parts for pumps and pump systems and other 13,184 13,058 43,574 42,839 Total net sales $ 99,298 $ 102,893 $ 304,487 $ 311,324 Geographic Location Three Months Ended September 30, Nine Months Ended mb er 30, 201 9 201 8 2019 2018 United States $ 69,491 $ 65,285 $ 211,976 $ 201,237 Foreign countries 29,807 37,608 92,511 110,087 Total net sales $ 99,298 $ 102,893 $ 304,487 $ 311,324
Contract with Customer, Asset and Liability [Table Text Block]	September 3 0, 201 9 December 31 , 201 8 Contract assets $ 1,290 $ 1,953 Contract liabilities $ 6,440 $ 5,232

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	9 Months Ended
Note 4 - Inventories (Tables)	Sep. 30, 2019
Notes Tables
Schedule of Inventory, Current [Table Text Block]	Inventories, net: September 3 0 , 2019 December 31, 2018 Raw materials and in-process $ 14,809 $ 21,773 Finished parts 48,384 54,209 Finished products 10,406 11,405 Total net inventories $ 73,599 $ 87,387

Note 5 - Property, Plant and _2

Note 5 - Property, Plant and Equipment (Tables)	9 Months Ended
Note 5 - Property, Plant and Equipment (Tables)	Sep. 30, 2019
Notes Tables
Property, Plant and Equipment [Table Text Block]	September 3 0 , 2019 December 31, 2018 Land $ 4,936 $ 3,869 Buildings 109,143 106,940 Machinery and equipment 181,417 177,668 295,496 288,477 Less accumulated depreciation (184,143 ) (174,984 ) Property, plant and equipment, net $ 111,353 $ 113,493

Note 6 - Product Warranties (Ta

Note 6 - Product Warranties (Tables)	9 Months Ended
Note 6 - Product Warranties (Tables)	Sep. 30, 2019
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	September 3 0 , 2019 2018 Balance at beginning of year $ 1,380 $ 1,098 Provision 1,350 803 Claims (1,254 ) (904 ) Balance at end of period $ 1,476 $ 997

Note 7 - Pension and Other Po_2

Note 7 - Pension and Other Postretirement Benefits (Tables)	9 Months Ended
Note 7 - Pension and Other Postretirement Benefits (Tables)	Sep. 30, 2019
Notes Tables
Schedule of Costs of Retirement Plans [Table Text Block]	Pension Benefits Postretirement Benefits Three Months Ended September 30, Three Months Ended September 30, 201 9 201 8 201 9 201 8 Service cost $ 551 $ 562 $ 271 $ 194 Interest cost 614 644 235 141 Expected return on plan assets (890 ) (1,073 ) - - Amortization of prior service cost - - (282 ) (283 ) Recognized actuarial loss (gain) 431 388 7 (103 ) Settlement loss 120 - - Net periodic benefit cost (gain) (a) $ 706 $ 641 $ 231 $ (51 ) Pension Benefits Postretirement Benefits Nine Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Service cost $ 1,653 $ 1,857 $ 812 $ 582 Interest cost 1,841 1,882 706 422 Expected return on plan assets (2,671 ) (3,380 ) - - Amortization of prior service cost - - (846 ) (847 ) Recognized actuarial loss (gain) 1,294 1,206 21 (310 ) Settlement loss - 2,736 - - Net periodic benefit cost (gain) (a) $ 2,117 $ 4,301 $ 693 $ (153 )

Note 8 - Accumulated Other Co_2

Note 8 - Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Three Months Ended Septem b er 30, Nine Months Ended 2019 2018 2019 2018 Pension and other postretirement benefits: Recognized actuarial loss (a) $ 438 $ 285 $ 1,315 $ 896 Settlement loss (b) - 120 - 2,736 Total before income tax $ 438 $ 405 $ 1,315 $ 3,632 Income tax (98 ) (97 ) (281 ) (893 ) Net of income tax $ 340 $ 308 $ 1,034 $ 2,739
Comprehensive Income (Loss) [Table Text Block]	Currency Pension and Accumulated Balance at December 31, 2018 $ (8,243 ) $ (15,180 ) $ (23,423 ) Reclassification adjustments - 1,315 1,315 Current period benefit (1,180 ) - (1,180 ) Income tax benefit (charge) - (281 ) (281 ) Balance at September 30, 2019 $ (9,423 ) $ (14,146 ) $ (23,569 ) Currency Pension and Accumulated Balance at December 31, 2017 $ (5,321 ) $ (7,188 ) $ (12,509 ) Reclassification adjustments - 3,632 3,632 Current period benefit (1,549 ) - (1,549 ) Income tax charge - (893 ) (893 ) Balance at September 30, 2018 $ (6,870 ) $ (4,449 ) $ (11,319 )

Note 9 - Leases (Tables)

Note 9 - Leases (Tables)	9 Months Ended
Note 9 - Leases (Tables)	Sep. 30, 2019
Notes Tables
Lease, Cost [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2019 2019 Components of lease costs: Operating lease costs $ 153 $ 420 Short-term lease costs 67 243 Finance lease costs 36 72 Total lease costs $ 256 $ 735
Schedule of Lessee, Leases, Weighted Average Remaining Term and Discount Rate [Table Text Block]	September 30, 2019 Weighted average remaining lease term (years): Operating leases 2.9 Finance leases 4.5 Weighted average discount rate: Operating leases 3.25 % Finance leases 3.25 %
Schedule of Components of Lease Assets and Liabilities [Table Text Block]	<table style="margin: 0pt auto 0pt 0pt; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;" cellspacing="0pt" cellpadding="0pt"> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="10" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">September 30, 2019</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Operating Leases</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Financing Leases</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Total Leases</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 46%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Other assets - right-of-use assets</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,270</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">570</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,840</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Lease liabilities included in:</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Accrued expenses - current portion of lease liabilities</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">560</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">120</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">680</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Other long-term liabilities - non-current portion of lease liabilities</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">700</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">460</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,160</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Total lease liabilities</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,260</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">580</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,840</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> </table></div>" id="sjs-B6"><div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="margin: 0pt auto 0pt 0pt; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;" cellspacing="0pt" cellpadding="0pt"> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="10" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">September 30, 2019</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Operating Leases</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Financing Leases</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Total Leases</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 46%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Other assets - right-of-use assets</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,270</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">570</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,840</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Lease liabilities included in:</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Accrued expenses - current portion of lease liabilities</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">560</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">120</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">680</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Other long-term liabilities - non-current portion of lease liabilities</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">700</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">460</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,160</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Total lease liabilities</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,260</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">580</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 15%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,840</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> </table></div>
Lessee, Lease Liability, Maturity [Table Text Block]	September 3 0 , 2019 December 31, 2018 2019 $ 238 $ 702 2020 645 411 2021 481 260 2022 311 124 2023 221 75 Thereafter 45 10 Total lease payments $ 1,941 $ 1,582 Less: Interest (101 ) Present value of lease liabilities $ 1,840

Note 3 - Revenue 1 (Details Tex

Note 3 - Revenue 1 (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Contract with Customer, Liability, Revenue Recognized			$ 4.4	$ 3.4
Non-US [Member]
Percentage Revenue By Location	30.00%	37.00%

Note 3 - Revenue 2 (Details Tex

Note 3 - Revenue 2 (Details Textual) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01 - USD ($) $ in Millions	Sep. 30, 2019	Jun. 30, 2019
Revenue, Remaining Performance Obligation, Amount	$ 101.4
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period		1 year

Note 3 - Revenue - Disaggregati

Note 3 - Revenue - Disaggregation of Revenue by Major Categories and Geographic Location (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Net sales	$ 99,298	$ 102,893	$ 304,487	$ 311,324
UNITED STATES
Net sales	69,491	65,285	211,976	201,237
Non-US [Member]
Net sales	29,807	37,608	92,511	110,087
Pumps and Pump Systems [Member]
Net sales	86,114	89,835	260,913	268,485
Repair Parts for Pumps and Pump Systems and Other [Member]
Net sales	$ 13,184	$ 13,058	$ 43,574	$ 42,839

Note 3 - Revenue - Contract Ass

Note 3 - Revenue - Contract Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Contract assets	$ 1,290	$ 1,953
Contract liabilities	$ 6,440	$ 5,232

Note 4 - Inventories (Details T

Note 4 - Inventories (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Inventory, LIFO Reserve	$ 64	$ 63.7
Inventory Valuation Reserves, Ending Balance	5.9	$ 5.3
Inventory, LIFO Reserve, Effect on Income, Net, Total	$ 0.8

Note 4 - Inventories - Inventor

Note 4 - Inventories - Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Raw materials and in-process	$ 14,809	$ 21,773
Finished parts	48,384	54,209
Finished products	10,406	11,405
Total net inventories	$ 73,599	$ 87,387

Note 5 - Property, Plant and _3

Note 5 - Property, Plant and Equipment - Summary of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Property, plant and equipment, gross	$ 295,496	$ 288,477
Less accumulated depreciation	(184,143)	(174,984)
Property, plant and equipment, net	111,353	113,493
Land [Member]
Property, plant and equipment, gross	4,936	3,869
Building [Member]
Property, plant and equipment, gross	109,143	106,940
Machinery and Equipment [Member]
Property, plant and equipment, gross	$ 181,417	$ 177,668

Note 6 - Product Warranties - P

Note 6 - Product Warranties - Product Warranties (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Balance at beginning of year	$ 1,380	$ 1,098
Provision	1,350	803
Claims	(1,254)	(904)
Balance at end of period	$ 1,476	$ 997

Note 7 - Pension and Other Po_3

Note 7 - Pension and Other Postretirement Benefits - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Pension Plan [Member]
Service cost		$ 551	$ 562	$ 1,653	$ 1,857
Interest cost		614	644	1,841	1,882
Expected return on plan assets		(890)	(1,073)	(2,671)	(3,380)
Amortization of prior service cost
Recognized actuarial loss (gain)		431	388	1,294	1,206
Settlement loss			120		2,736
Net periodic benefit cost (gain)	[1]	706	641	2,117	4,301
Postemployment Retirement Benefits [Member]
Service cost		271	194	812	582
Interest cost		235	141	706	422
Expected return on plan assets
Amortization of prior service cost		(282)	(283)	(846)	(847)
Recognized actuarial loss (gain)		7	(103)	21	(310)
Settlement loss
Net periodic benefit cost (gain)	[1]	$ 231	$ (51)	$ 693	$ (153)

[1]	The components of net periodic benefit cost other than the service cost component are included in Other income (expense), net in the Consolidated Statements of Income.

Note 8 - Accumulated Other Co_3

Note 8 - Accumulated Other Comprehensive Income (Loss) - Reclassification Out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Total before income tax		$ (11,907)	$ (13,652)	$ (34,584)	$ (38,894)
Income tax		2,132	2,951	7,107	8,403
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Recognized actuarial loss	[1]	438	285	1,315	896
Settlement loss	[2]		120		2,736
Total before income tax		438	405	1,315	3,632
Income tax		(98)	(97)	(281)	(893)
Net of income tax		$ 340	$ 308	$ 1,034	$ 2,739

[1]	The recognized actuarial loss is included in Other income (expense), net in the Consolidated Statements of Income.
[2]	The settlement loss is included in Other income (expense), net in the Consolidated Statements of Income.

Note 8 - Accumulated Other Co_4

Note 8 - Accumulated Other Comprehensive Income (Loss) - Accumulated Other Comprehensive Income (Loss) Reported in the Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Balance	$ 293,132	$ 325,495
Balance	310,312	347,739
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	(8,243)	(5,321)
Reclassification adjustments
Current period benefit	(1,180)	(1,549)
Income tax benefit (charge)
Balance	(9,423)	(6,870)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(15,180)	(7,188)
Reclassification adjustments	1,315	3,632
Current period benefit
Income tax benefit (charge)	(281)	(893)
Balance	(14,146)	(4,449)
AOCI Attributable to Parent [Member]
Balance	(23,423)	(12,509)
Reclassification adjustments	1,315	3,632
Current period benefit	(1,180)	(1,549)
Income tax benefit (charge)	(281)	(893)
Balance	$ (23,569)	$ (11,319)

Note 9 - Leases (Details Textua

Note 9 - Leases (Details Textual) - USD ($) $ in Thousands	9 Months Ended
Note 9 - Leases (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2019	Jan. 01, 2019
Operating Lease, Liability, Total	$ 1,260	$ 1,600
Lessee, Operating Lease, Renewal Term	5 years
Operating Lease, Right-of-Use Asset	$ 1,270	$ 1,600
Minimum [Member]
Lessee, Remaining Lease Term	1 year
Maximum [Member]
Lessee, Remaining Lease Term	5 years

Note 9 - Leases - Supplement In

Note 9 - Leases - Supplement Information Related to Leases (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Operating lease costs	$ 153	$ 420
Short-term lease costs	67	243
Finance lease costs	36	72
Total lease costs	$ 256	$ 735

Note 9 - Leases - Weighted Aver

Note 9 - Leases - Weighted Average Remaining Lease Term and Discount Rate (Details)	Sep. 30, 2019
Operating leases (Year)	2 years 328 days
Finance leases (Year)	4 years 182 days
Operating leases	3.25%
Finance leases	3.25%

Note 9 - Leases - Lease Assets

Note 9 - Leases - Lease Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
Other assets - right-of-use assets, operating leases	$ 1,270	$ 1,600
Other assets - right-of-use assets, financing leases	570
Other assets - right-of-use assets, total	1,840
Total lease liabilities, operating leases	1,260	$ 1,600
Total lease liabilities, financing leases	580
Present value of lease liabilities	1,840
Accrued Expenses [Member]
Accrued expenses - current portion of lease liabilities, operating leases	560
Accrued expenses - current portion of lease liabilities, financing leases	120
Accrued expenses - current portion of lease liabilities, total	680
Other Noncurrent Liabilities [Member]
Other long-term liabilities - non-current portion of lease liabilities, operating leases	700
Other long-term liabilities - non-current portion of lease liabilities, financing leases	460
Other long-term liabilities - non-current portion of lease liabilities, total	$ 1,160

Note 9 - Leases - Maturities of

Note 9 - Leases - Maturities of Lease Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
2019	$ 238	$ 702
2020	645	411
2021	481	260
2022	311	124
2023	221	75
Thereafter	45	10
Total lease payments	1,941	1,582
Less: Interest	(101)
Present value of lease liabilities	$ 1,840