Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

v3.19.1
Accrued Expenses
 12 Months Ended
Dec. 31, 2018
Payables and Accruals [Abstract]  
Accrued Expenses

NOTE 12

ACCRUED EXPENSES

 

Accrued expenses include the following (in thousands) at December 31:

 

    2018     2017  
Salaries and employee benefits   $ 3,228     $ 2,988  
Accrued sales, property and other tax     404       402  
Interest payable     7       3  
Insurance payable     710       630  
Other     665       759  
Total accrued expenses   $ 5,014     $ 4,782  

 

Each of our executives has an individual Management Incentive Plan (“MIP”) for fiscal years 2018 and 2017 which provides for the potential payment of performance compensation (see “Note 17 – Related Party Transactions – MIPs” for further discussion of the MIPs). No performance compensation payments were earned under any of the MIPs for 2018 and 2017.