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Pension (Tables) | 12 Months Ended
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Dec. 31, 2019
Defined Contribution Plan [Abstract] |
Schedule of Changes in Accumulated Postemployment Benefit Obligations | The reconciliation of changes in the benefit obligation, plan assets and funded status of the pension benefits is as follows:
|  | December 31,
|  | 2019 |  | 2018
Change in Benefit Obligation: |  |  |  |
Benefit Obligation at Beginning of Period |  | $ | 33,569 |  |  | $ | 36,280 |
Service Cost |  | 209 |  |  | 302 |
Interest Cost |  | 1,338 |  |  | 1,265 |
Actuarial Loss (Gain) |  | 4,865 |  |  | (2,645 | )
Plan Amendments |  | 1,728 |  |  | — |
Plan Curtailments |  | — |  |  | (126 | )
Benefits and Other Payments |  | (1,513 | ) |  | (1,507 | )
Benefit Obligation at End of Period |  | $ | 40,196 |  |  | $ | 33,569 |
Change in Plan Assets: |  |  |  |
Fair Value of Plan Assets at Beginning of Period |  | $ | — |  |  | $ | — |
Company Contributions |  | 1,513 |  |  | 1,507 |
Benefits and Other Payments |  | (1,513 | ) |  | (1,507 | )
Fair Value of Plan Assets at End of Period |  | $ | — |  |  | $ | — |
Funded Status: |  |  |  |
Current Liabilities |  | $ | (1,587 | ) |  | $ | (1,578 | )
Noncurrent Liabilities |  | (38,609 | ) |  | (31,991 | )
Net Obligation Recognized |  | $ | (40,196 | ) |  | $ | (33,569 | )
Amounts Recognized in Accumulated Other Comprehensive Loss Consist of: |  |  |  |
Net Actuarial Loss |  | $ | 15,361 |  |  | $ | 10,738 |
Prior Service Cost (Credit) |  | 1,727 |  |  | (17 | )
Total |  | 17,088 |  |  | 10,721 |
Less: Tax Benefit |  | 4,483 |  |  | 2,817 |
Net Amount Recognized |  | $ | 12,605 |  |  | $ | 7,904 |
Schedule of Defined Benefit Plans Disclosures | The components of the net periodic benefit cost are as follows:
| For the Years Ended December 31,
| 2019 |  | 2018 |  | 2017
Components of Net Periodic Benefit Cost: |  |  |  |  |
Service Cost | $ | 209 |  |  | $ | 302 |  |  | $ | 375 |
Interest Cost | 1,338 |  |  | 1,265 |  |  | 1,201 |
Amortization of Prior Service Credits | (17 | ) |  | (193 | ) |  | (362 | )
Recognized Net Actuarial Loss | 242 |  |  | 865 |  |  | 1,525 |
Curtailment Gain | — |  |  | (416 | ) |  | — |
Net Periodic Benefit Cost | $ | 1,772 |  |  | $ | 1,823 |  |  | $ | 2,739 |
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year | Amounts included in accumulated other comprehensive loss which are expected to be recognized in 2020 net periodic benefit cost:
|  | Pension
|  | Benefits
Prior Service Cost Recognition |  | $ | (221 | )
Actuarial Loss Recognition |  | $ | (383 | )
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets | The following table provides information related to the pension plan with an accumulated benefit obligation in excess of plan assets:
|  | As of December 31,
|  | 2019 |  | 2018
Projected Benefit Obligation |  | $ | 40,196 |  |  | $ | 33,569 |
Accumulated Benefit Obligation |  | $ | 40,196 |  |  | $ | 33,169 |
Fair Value of Plan Assets |  | $ | — |  |  | $ | — |
Schedule of Assumptions Used | The weighted-average assumptions used to determine benefit obligations are as follows:
|  | As of December 31,
|  | 2019 |  | 2018
Discount Rate |  | 3.36 | % |  | 4.37 | %
Rate of Compensation Increase |  | — | % |  | 3.63 | %
The discount rates are determined using a Company-specific yield curve model (above-mean) developed with the assistance of an external actuary. The Company-specific yield curve models (above-mean) use a subset of the expanded bond universe to determine the Company-specific discount rate. Bonds used in the yield curve are rated AA by Moody's or Standard & Poor's as of the measurement date. The yield curve models parallel the plans' projected cash flows, and the underlying cash flows of the bonds included in the models exceed the cash flows needed to satisfy the Company plans. The weighted-average assumptions used to determine net periodic benefit cost are as follows:
| For the Years ended December 31,
| 2019 |  | 2018 |  | 2017
Discount Rate | 4.37 | % |  | 4.28 | % |  | 4.26 | %
Rate of Compensation Increase | 3.63 | % |  | 4.05 | % |  | 3.90 | %
Schedule of Expected Benefit Payments | The following benefit payments, which reflect expected future service, are expected to be paid:
|  | Pension
Year ended December 31, |  | Benefits
2020 |  | $ | 1,588 |
2021 |  | $ | 1,670 |
2022 |  | $ | 1,760 |
2023 |  | $ | 1,866 |
2024 |  | $ | 2,063 |
Year 2025-2029 |  | $ | 11,207 |

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (s) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the change in the accumulated postemployment benefit obligation from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2439-114920 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2410-114920 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2417-114920 + Details
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