v3.26.1
Note 17 - Stockholders' Equity
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Equity [Text Block]

(17)

Stockholders Equity

 

As of December 31, 2025 and 2024, 24,850 shares of the Company’s preferred stock were designated as Series A Preferred Stock in accordance with the terms of our stockholder rights plan, which expired in October 2011. There are no shares of Series A Preferred Stock currently outstanding, and there are no current plans to issue any such shares.

 

The holders of our common stock were not entitled to any payment as a result of the expiration of the rights plan and the rights issued thereunder.

 

The Company’s accumulated other comprehensive loss consists of employee benefit related adjustments and foreign currency translation adjustments.

 

Accumulated other comprehensive loss consisted of the following (in thousands):

 

   

December 31,

 
   

2025

   

2024

 

Foreign currency translation adjustments, net of tax

  $ (8,657

)

  $ (11,457

)

Employee benefit related adjustments – U.S, net of tax

    (6,747

)

    (7,612

)

Employee benefit related adjustments – Mexico, net of tax

    (82 )     52  

Accumulated other comprehensive loss

  $ (15,486

)

  $ (19,017

)

 

Changes in each component of accumulated other comprehensive loss consisted of the following:

 

   

Foreign Currency

Translation

   

Defined Benefit

Plans

   

Accumulated

Other

Comprehensive

Loss

 
                         

Balance at January 1, 2024

  $ (7,869

)

  $ (9,198

)

  $ (17,067

)

Currency translation adjustments, net of tax

    (3,588 )     0       (3,588 )

Net actuarial gain for the year, net of tax

    0       1,198       1,198  

Amortization for the year, net of tax

    0       440       440  

Balance at December 31, 2024

  $ (11,457

)

  $ (7,560

)

  $ (19,017

)

Currency translation adjustments, net of tax

    2,800       0       2,800  

Net actuarial gain for the year, net of tax

    0       365       365  

Amortization for the year, net of tax

    0       366       366  

Balance at December 31, 2025

  $ (8,657

)

  $ (6,829

)

  $ (15,486

)