Note 5 - Plant Closure
 12 Months Ended
Dec. 31, 2013
Disposal Groups Plant Closure Disclsoure [Abstract]  
Disposal Groups Plant Closure Disclsoure [Text Block]

NOTE 5. PLANT CLOSURE


In December 2013, the Company effectively closed its menhaden fish processing plant located in Cameron, Louisiana and is re-deploying certain vessels from that facility to the Company’s other Gulf Coast facilities located in Abbeville, Louisiana and Moss Point, Mississippi. In conjunction with the closure, the following charges were incurred in the Company’s consolidated statements of comprehensive income during 2013:


    2013  
    (in thousands)  

Impairment of property, plant and equipment

  $ 4,796  

Write-off material and supplies inventory

    97  

Employee severance accruals

    345  

Estimated decommissioning costs

    250  

Other ongoing closure costs not attributable to future production

    1,109  

Total loss related to plant closure

  $ 6,597  

In addition to the above recognized losses, the Company expects that it may have additional losses related to additional impairment of property, plant and equipment, ongoing employee severance expenses and ongoing cost not attributable to future production such as clean-up and disassembly.