Position of Parents in Islam

It's noticeable how these verses from Qur'an (Sorat Al Essra') position goodness to parents as a close second to worshiping no-one but Allah. It orders us, as our parents grow old, not to tell them any words of contempt or repel them but to tell them gracious words. It commands us to show humility out of mercifulness and to ask God to be merciful on them as they have raised brought us up when we were kids.

How often do we remember this when we're dealing with our parents everyday? I wish we remember them before it is too late. I'll go an call my mother and pray for my father.

Disclaimer: I am not a scholar nor a professional translator. The above is my own interpretation of these verses.