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Note 9 - 401(k) Profit Sharing, Deferred Compensation and Long-term Incentive Plans
 12 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]

(9)           401(k) Profit Sharing, Deferred Compensation and Long-Term Incentive Plans


We have a defined contribution 401(k) plan and trust covering substantially all full-time employees. The annual contribution to the plan is at the discretion of our Board of Directors. Contributions of $3.2 million, $2.1 million and $1.9 million were recognized for the years ended December 31, 2014, 2013 and 2012, respectively. Employees may contribute to the plan if they meet certain eligibility requirements.


We offer a deferred compensation and long-term incentive plan (the “LTIP”) to provide certain employees the ability to accumulate assets for retirement on a tax deferred basis. We may make discretionary contributions to the LTIP. Discretionary contributions vest between one and seven years based on the employee’s age and position. Additionally, a participant may defer a portion of his or her compensation and receive the deferred amount upon certain events, including termination or retirement.


The following is a summary related to our LTIP:


Year Ended December 31,

 

2014

   

2013

   

2012

 

Compensation expense (in millions)

    1.9       1.4       1.2  

Total discretionary contribution (in millions)

    2.4       2.1       1.9  

Guaranteed annual return

    5.25 %     5.25 %     5.90 %

As of December 31, 2014, the balance due to participants was $14.2 million and was included as a component of other long-term liabilities in the Consolidated Balance Sheets.