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Note 17 - Employee Benefit Plans
 12 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
17.  
Employee Benefit Plans

The Company maintains two defined contribution profit-sharing plan (401(k) plans) covering substantially all non-union persons employed by the Company, whereby employees may contribute a percentage of compensation, limited to maximum allowed amounts under the Internal Revenue Code. The Plans provide for discretionary employer contributions, the level of which, if any, may vary by subsidiary and is determined annually by each company’s board of directors. The Company made aggregate matching contributions of $1.3 million, $1.1 million and $1.3 million for the years ended December 31, 2014, 2013 and 2012, respectively.

The Company contributes to a number of multiemployer defined benefit pension plans under the terms of collective-bargaining agreements that cover its union-represented employees. The risks of participating in these multiemployer plans are different from single-employer plans in the following aspects:

·
Assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers. If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers.

·
If the Company chooses to stop participating in some of its multiemployer plans, the Company may be required to pay those plans an amount based on the underfunded status of the plan, referred to as a withdrawal liability.

The following table presents our participation in these plans (amounts in thousands):

Pension Trust
  Identification  
Pension Protection
Act (“PPA”)
Certified Zone
Status1
 
FIP / RP
Status
Pending / 		 
Contributions
   
Surcharge
 
Expiration
Date of
Collective
Bargaining
Fund   Number  
2014
 
2013
  Implemented2  
2014
   
2013
   
2012
    Imposed   Agreement3
Pension Trust Fund for Operating Engineers Pension Plan
  94-6090764  
Red
 
Red
 
Yes
  $ 1,757     $ 1,654     $ 508    
No
 
6/30/2016
Laborers Pension Trust for Northern California
  94-6277608  
Yellow
 
Yellow
 
Yes
    1,447       897       431    
No
 
6/30/2019
Carpenter Funds Administrative Office
  94-6050970  
Red
 
Red
 
Yes
    1,015       759       47    
No
 
6/30/2019
Cement Mason Pension Trust Fund For Northern California
  94-6277669  
Yellow
 
Yellow
 
Yes
    322       517       265    
No
 
6/30/2016
All other funds (84)4
                    6,267       2,608       4,290        
Various
Total Contributions:               $ 10,808     $ 6,435     $ 5,541          

1
The most recent PPA zone status available in 2014 and 2013 is for the plan’s year-end during 2013 and 2012, respectively. The zone status is based on information that we received from the plan and is certified by the plan’s actuary. Among other factors, plans in the red zone are generally less than 65 percent funded, plans in the orange zone are less than 80 percent funded and have an Accumulated Funding Deficiency in the current year or projected into the next six years, plans in the yellow zone are less than 80 percent funded, and plans in the green zone are at least 80 percent funded.

2
Indicates whether the plan has a financial improvement plan (“FIP”) or a rehabilitation plan (“RP”) which is either pending or has been implemented.

3
Lists the expiration date(s) of the collective-bargaining agreement(s) to which the plans are subject.

4
These funds include multiemployer plans for pensions and other employee benefits. The total individually insignificant multiemployer pension costs contributed were $903,000, $603,000 and $466,000 for 2014, 2013 and 2012, respectively, and are included in the contributions to all other funds along with contributions to other types of benefit plans. Other employee benefits include certain coverage for medical, prescription drug, dental, vision, life and accidental death and dismemberment, disability and other benefit costs.

The work the Company performed in California has increased resulting in an increased contribution to the Laborers Pension Trust for Northern California and the Carpenters Fund Administrative Office during 2014, 2013 and 2012.

We currently have no intention of withdrawing from any of the multi-employer pension plans in which we participate.