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Retirement Plans (Tables)
12 Months Ended
Dec. 31, 2016
Defined Benefit Plan Disclosure [Line Items]  
Summary of Asset Allocation
As of December 31, 2016 and 2015, these assets were allocated among asset categories as follows:

Asset Category
 
2016
  
2015
  
Current
Minimum, Target
and Maximum
Allocation Policy
 
U.S. equity securities
  
51
%
  
50
%
  
30% — 50%— 70
%
International equity securities
  
19
%
  
18
%
  
0% — 20%— 30
%
Debt securities
  
30
%
  
28
%
  
15% — 30%— 55
%
Cash and cash equivalents
  
%
  
4
%
  
0% — 0%— 5
%
   
100
%
  
100
%
    
Schedule of Change in Benefit Obligation
The following table presents the change in benefit obligation and plan assets for the Company’s defined benefit plans and postretirement benefit plan (in thousands):

              
Other Postretirement
Benefits
 
  
Pension Benefits
  
Postretirement
 
  
Pension Plan
  
SERP
  
Welfare Plan
 
  
2016
  
2015
  
2016
  
2015
  
2016
  
2015
 
Change in benefit obligation
                  
Benefit obligation at beginning of year
 
$
297,325
  
$
315,075
  
$
1,526
  
$
1,637
  
$
891
  
$
1,264
 
Service cost
  
13,402
   
14,683
   
   
   
   
 
Interest cost
  
14,123
   
13,302
   
65
   
64
   
29
   
36
 
Actuarial loss (gain)
  
19,120
   
(39,474
)
  
12
   
(30
)
  
(198
)
  
(321
)
Gross benefits paid
  
(6,794
)
  
(6,261
)
  
(146
)
  
(145
)
  
(47
)
  
(88
)
Benefit obligation at end of year
 
$
337,176
  
$
297,325
  
$
1,457
  
$
1,526
  
$
675
  
$
891
 
                         
Accumulated benefit obligation at end of year
 
$
272,591
  
$
238,775
  
$
1,457
  
$
1,526
  
$
675
  
$
891
 
Weighted-Average Assumption Used to Determine Benefit Obligation and Net Periodic Benefit Cost
Weighted-average assumption used to determine benefit obligation at end of year
                        
Discount rate
  
4.2
%
  
4.5
%
  
4.2
%
  
4.5
%
  
4.2
%
  
4.5
%
Rate of compensation increase
 
Service-
based
table
  
Service-
based
table
   
   
   
   
 
Health care cost trend rate
                        
Initial rate
  
   
   
   
   
7.0
%
  
6.5
%
Ultimate rate
  
   
   
   
   
5.0
%
  
5.0
%
Years to ultimate
  
   
   
   
   
2021
   
2019
 
Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rate
Effect of one-percentage-point change in assumed health care cost trend rate on postretirement obligation
                        
Increase
 
$
  
$
  
$
  
$
  
$
74
  
$
107
 
Decrease
  
   
   
   
   
(64
)
  
(93
)
Summary of Change in Plan Assets
Change in plan assets
                        
Fair value of plan assets at beginning of year
 
$
243,588
  
$
242,275
  
$
  
$
  
$
  
$
 
Actual return on plan assets
  
20,723
   
(2,426
)
  
   
   
   
 
Employer contribution
  
   
10,000
   
146
   
145
   
47
   
88
 
Gross benefits paid
  
(6,794
)
  
(6,261
)
  
(146
)
  
(145
)
  
(47
)
  
(88
)
Fair value of plan assets at end of year
 
$
257,517
  
$
243,588
  
$
  
$
  
$
  
$
 
Summary of Funded Status at End of Year
The following table presents the funded status and amounts recognized in the Company’s consolidated balance sheet for the Company’s defined benefit plans and postretirement benefit plan at December 31, 2016 and 2015 (in thousands):

              
Other Postretirement
Benefits
 
  
Pension Benefits
  
Postretirement
 
  
Pension Plan
  
SERP
  
Welfare Plan
 
  
2016
  
2015
  
2016
  
2015
  
2016
  
2015
 
Funded status at end of year
                  
Fair value of plan assets
 
$
257,517
  
$
243,588
  
$
  
$
  
$
  
$
 
Benefit obligations
  
(337,176
)
  
(297,325
)
  
(1,457
)
  
(1,526
)
  
(675
)
  
(891
)
Funded status and amount recognized at end of year
 
$
(79,659
)
 
$
(53,737
)
 
$
(1,457
)
 
$
(1,526
)
 
$
(675
)
 
$
(891
)
Amounts Recognized in the Consolidated Balance Sheets
Amounts recognized in the consolidated balance sheets
                        
Noncurrent asset
 
$
  
$
  
$
  
$
  
$
  
$
 
Current liability
  
   
   
(150
)
  
(149
)
  
(56
)
  
(68
)
Long-term liability
  
(79,659
)
  
(53,737
)
  
(1,307
)
  
(1,377
)
  
(619
)
  
(823
)
Amounts Recognized in Accumulated Other Comprehensive Income
Amounts recognized in accumulated other comprehensive income
                        
Net actuarial loss (gain)
 
$
87,658
  
$
77,940
  
$
494
  
$
508
  
$
(5,773
)
 
$
(6,319
)
Prior service cost (credit)
  
   
   
   
   
   
 
Accumulated other compensation income
 
$
87,658
  
$
77,940
  
$
494
  
$
508
  
$
(5,773
)
 
$
(6,319
)
Projected Benefit Obligation in Excess of Plan Assets
The projected benefit obligation and fair value of plan assets for pension plans with a projected benefit obligation in excess of plan assets at December 31, 2016 and 2015 were as follows (in thousands):
 
  
Pension Benefits
 
  
Pension Plan
  
SERP
 
  
2016
  
2015
  
2016
  
2015
 
Projected benefit obligation in excess of plan assets
                
Projected benefit obligation at end of year
 
$
337,176
  
$
297,325
  
$
1,457
  
$
1,526
 
Fair value of plan assets at end of year
  
257,517
   
243,588
   
   
 
Accumulated Benefit Obligation in Excess of Plan Assets
The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for pension plans with an accumulated benefit obligation in excess of plan assets at December 31, 2016 and 2015 were as follows (in thousands):

  
Pension Benefits
 
  
Pension Plan
  
SERP
 
  
2016
  
2015
  
2016
  
2015
 
Accumulated benefit obligation in excess of plan assets
                 
Projected benefit obligation at end of year
 
$
337,176  $
  
$
1,457
  
$
1,526
 
Accumulated benefit obligation at end of year
  
272,591
   
   
1,457
   
1,526
 
Fair value of plan assets at end of year
  
257,517
   
   
   
 
Schedule of Employer Contribution
The following tables presents the expected cash flows for the Company’s defined benefit plans and postretirement benefit plan at December 31, 2016 and 2015 (in thousands):
 
      
Other Postretirement
Benefits
 
  
Pension Benefits
  
Postretirement
 
  
Pension Plan
  
SERP
  
Welfare Plan
 
  
 2016
  
2015
  
2016
  
2015
  
2016
  
2015
 
Expected employer contributions
                                   
First year
 $
  
$
  
$
153
  
$
152
  
$
50
  
$
70
 
Expected Benefit Payments
               
Other Postretirement
Benefits
 
  
Pension Benefits
  
Postretirement
 
  
Pension Plan
  
SERP
  
Welfare Plan
 
  
2016
  
2015
  
2016
  
2015
  
2016
  
2015
 
Expected benefit payments (gross)
                  
Year one
 
$
8,032
  
7,678
  
153
  
$
152
  
$
58
  
81
 
Year two
  
8,835
   
8,298
   
157
   
157
   
58
   
86
 
Year three
  
9,646
   
9,013
   
155
   
154
   
58
   
86
 
Year four
  
10,400
   
9,748
   
151
   
152
   
58
   
86
 
Year five
  
11,201
   
10,415
   
148
   
149
   
57
   
85
 
Next five years
  
70,419
   
63,860
   
514
   
608
   
199
   
341
 
Summary of Expected Federal Subsidy
               
Other Postretirement
Benefits
 
  
Pension Benefits
  
Postretirement
 
  
Pension Plan
  
SERP
  
Welfare Plan
 
  
2016
   
2015
  
2016
  
2015
  
2016
  
2015
 
Expected federal subsidy
                         
Year one
 
  
  
$
  
  
(7
)
 
$
(11
)
Year two
  
   
    
   
   
(7
)
  
(11
)
Year three
  
   
   
   
   
(7
)
  
(11
)
Year four
  
   
   
   
   
(7
)
  
(12
)
Year five
  
   
   
   
   
(7
)
  
(12
)
Next five years
  
   
   
   
   
(33
)
  
(55
)
Pension Benefits [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Benefit Cost
The components of net periodic benefit cost and other changes in plan assets and benefit obligations recognized in other comprehensive income for the Company’s defined benefit plans for the years ended December 31, 2016, 2015 and 2014 were as follows (in thousands):

  
Pension Benefits
 
  
Pension Plan
  
SERP
 
  
2016
  
2015
  
2014
  
2016
  
2015
  
2014
 
Components of net periodic benefit cost
                  
Service cost
 
$
13,402
  
$
14,683
  
$
10,645
  
$
  
$
  
$
 
Interest cost
  
14,123
   
13,302
   
12,839
   
65
   
64
   
73
 
Expected return on plan assets
  
(16,805
)
  
(17,921
)
  
(18,858
)
  
   
   
 
Amortization:
                        
Actuarial loss
  
5,484
   
7,728
   
701
   
26
   
28
   
16
 
Prior service credit
  
   
   
   
   
   
 
Net periodic benefit cost
  
16,204
   
17,792
   
5,327
   
91
   
92
   
89
 
                         
Other changes in plan assets and benefit obligations recognized in other comprehensive income
                        
Current year actuarial loss (gain)
  
15,203
   
(19,127
)
  
72,737
   
12
   
(30
)
  
180
 
Recognition of actuarial loss
  
(5,484
)
  
(7,728
)
  
(701
)
  
(26
)
  
(28
)
  
(16
)
Recognition of prior service credit
  
   
   
   
   
   
 
Total recognized in other comprehensive income
  
9,719
   
(26,855
)
  
72,036
   
(14
)
  
(58
)
  
164
 
                         
Total recognized in net periodic benefit cost and other comprehensive income
 
$
25,923
  
$
(9,063
)
 
$
77,363
  
$
77
  
$
34
  
$
253
 
Weighted-Average Assumption Used to Determine Benefit Obligation and Net Periodic Benefit Cost
Weighted average assumptions used to determine net periodic benefit cost
                        
Discount rate
  
4.5
%
  
4.1
%
  
5.0
%
  
4.5
%
  
4.1
%
  
5.0
%
Expected long-term rate of return on plan assets
  
7.0
%
  
7.5
%
  
7.5
%
  
   
   
 
Rate of compensation increase
 
Service-
based
table
   
4.25
%
  
4.25
%
  
   
   
 
Estimated Amounts that will be Amortized from Accumulated Other Comprehensive Income into Net Periodic Benefit Cost
The estimated amounts that will be amortized from accumulated other comprehensive income into net periodic benefit cost in 2017 are as follows (in thousands):

  
Pension Benefits
 
  
Pension
Plan
  
SERP
 
Actuarial loss
 
$
5,477
  
$
28
 
Prior service credit
  
   
 
  
$
5,477
  
$
28
 
Other Postretirement Benefits [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Benefit Cost
The components of net periodic benefit cost and other changes in benefit obligations recognized in other comprehensive income for the Company’s postretirement benefit plan for the years ended December 31, 2016, 2015 and 2014 were as follows (in thousands):

  
Other Postretirement Benefits
 
  
Postretirement Welfare Plan
 
  
2016
  
2015
  
2014
 
Components of net periodic benefit cost
         
Service cost
 
$
  
$
  
$
 
Interest cost
  
29
   
36
   
110
 
Amortization:
            
Actuarial gain
  
(747
)
  
(793
)
  
(649
)
Prior service cost
  
   
   
 
Net periodic benefit cost
  
(718
)
  
(757
)
  
(539
)
             
Other changes in benefit obligations recognized in other comprehensive income
            
Current year actuarial gain
  
(198
)
  
(322
)
  
(1,065
)
Recognition of actuarial gain
  
747
   
793
   
649
 
Recognition of prior service cost
  
   
   
 
Adjustment for actual Medicare Part D reimbursement
  
(3
)
  
(3
)
  
(8
)
Total recognized in other comprehensive income
  
546
   
468
   
(424
)
             
Total recognized in net periodic benefit cost and other comprehensive income
 
$
(172
)
 
$
(289
)
 
$
(963
)
Weighted-Average Assumption Used to Determine Benefit Obligation and Net Periodic Benefit Cost
Weighted average assumptions used to determine net periodic benefit cost
            
Discount rate
  
4.5
%
  
4.1
%
  
5.0
%
Health care cost trend rate:
            
Initial rate
  
6.5
%
  
7.0
%
  
7.0
%
Ultimate rate
  
5.0
%
  
5.0
%
  
5.0
%
Years to ultimate
  
2019
   
2019
   
2018
 
Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rate
Effect of one-percentage-point change in assumed health care cost trend rate on aggregate service and interest cost
            
Increase
 
$
4
  
$
5
  
$
7
 
Decrease
  
(3
)
  
(4
)
  
(6
)
Estimated Amounts that will be Amortized from Accumulated Other Comprehensive Income into Net Periodic Benefit Cost
The estimated amounts that will be amortized from accumulated other comprehensive income into net periodic benefit cost in 2017 are as follows (in thousands):

  
Other
Postretirement
Benefits
 
  
Postretirement
Welfare Plan
 
Actuarial gain
 
$
(668
)
Prior service cost
  
 
  
$
(668
)