XML 79 R34.htm IDEA: XBRL DOCUMENT
v2.4.1.9

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract] |
Information relating to the Company's plan | Information relating to the Company’s plan is as follows (in thousands):
|  | Year Ended December 31,
|  | 2014 |  | 2013
Change in benefit obligation: |  |  |  |
Benefit obligation, beginning of year |  | $ | 9,436 |  |  | $ | 9,837 |
Service cost |  | 669 |  |  | 646 |
Interest cost |  | 426 |  |  | 343 |
Actuarial loss (gain) |  | 385 |  |  | (1,390 | )
Benefit obligation, end of year |  | 10,916 |  |  | 9,436 |
Fair value of plan assets |  | — |  |  | — |
Unfunded status of the plan, end of year |  | $ | 10,916 |  |  | $ | 9,436 |
Current liability |  | — |  |  | — |
Noncurrent liability |  | $ | 10,916 |  |  | $ | 9,436 |
Components of net periodic pension cost | The components of net periodic pension cost were as follows (in thousands):
|  | Year Ended December 31,
|  | 2014 |  | 2013 |  | 2012
Service cost |  | $ | 669 |  |  | $ | 646 |  |  | $ | 601 |
Interest cost |  | 426 |  |  | 343 |  |  | 371 |
Amortization of prior service cost |  | 584 |  |  | 584 |  |  | 584 |
Amortization of loss |  | — |  |  | 92 |  |  | 44 |
Total net periodic benefit cost |  | $ | 1,679 |  |  | $ | 1,665 |  |  | $ | 1,600 |
Assumptions used to determine benefit obligation and net periodic pension cost | Assumptions used to determine the year end benefit obligation were as follows:
|  | Year Ended December 31,
|  | 2014 |  | 2013
Discount rate |  | 3.57% |  | 4.51%
Rate of compensation increases |  | 3.50% |  | 3.50%
Assumptions used to determine the net periodic pension cost were as follows:
|  | Year Ended December 31,
|  | 2014 |  | 2013 |  | 2012
Discount rate |  | 4.51% |  | 3.49% |  | 4.44%
Rate of compensation increases |  | 3.50% |  | 3.50% |  | 3.50%
Amounts to be amortized from accumulated other comprehensive loss into net periodic pension cost in next fiscal year | The estimated amounts to be amortized from accumulated other comprehensive loss into the net periodic pension cost in 2015 are as follows (in thousands):
Amortization of prior service cost |  | $ | 584 |
Amortization of gain/loss |  | — |
Total |  | $ | 584 |
Benefit payments expected to be paid | Benefit payments, which reflect estimated future service, are currently expected to be paid as follows (in thousands):
Year |  | Projected Benefits
2015 |  | $ | — |
2016 |  | — |
2017 |  | 807 |
2018 |  | 845 |
2019 |  | 845 |
2020-2024 |  | 5,765 |
Thereafter |  | 13,841 |

X
- Details
Name: | us-gaap_DefinedBenefitPensionPlansAndDefinedBenefitPostretirementPlansDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts related to pension plans and/or other employee benefit plans in accumulated other comprehensive income (loss) expected to be recognized as components of net periodic benefit cost over the next fiscal year, including the net gain (loss), net prior service cost or credit, and net transition asset or obligation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (s) -URI http://asc.fasb.org/extlink&oid=35743120&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAmountsInAccumulatedOtherComprehensiveIncomeLossToBeRecognizedOverNextFiscalYearTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=35743120&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=35743120&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=35743120&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of net funded status of pension plans and/or other employee benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=35743120&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfNetFundedStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration