XML 83 R31.htm IDEA: XBRL DOCUMENT v3.20.1

Note 11 - Pension Plan and Other Postretirement Benefits (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

Schedule of Net Benefit Costs [Table Text Block]

		Three Months Ended March 31,
(in thousands)		2020				2019
Service Cost—Benefit Earned During the Period		$	1,655			$	1,373
Interest Cost on Projected Benefit Obligation			3,263				3,603
Expected Return on Assets			(5,505	)			(5,325	)
Amortization of Prior-Service Cost:
From Regulatory Asset			-				1
From Other Comprehensive Income1			-				2
Amortization of Net Actuarial Loss:
From Regulatory Asset			2,231				1,163
From Other Comprehensive Income1			55				27
Net Periodic Pension Cost2		$	1,699			$	844
1Corporate cost included in nonservice cost components of postretirement benefits.
2Allocation of costs:
Service costs included in OTP capital expenditures		$	423			$	390
Service costs included in electric operation and maintenance expenses			1,192				950
Service costs included in other nonelectric expenses			40				33
Nonservice costs capitalized as regulatory assets			11				(150	)
Nonservice costs included in nonservice cost components of postretirement benefits			33				(379	)

		Three Months Ended March 31,
(in thousands)		2020				2019
Service Cost—Benefit Earned During the Period		$	45			$	105
Interest Cost on Projected Benefit Obligation			362				434
Amortization of Prior Service Cost:
From Regulatory Asset			-				1
From Other Comprehensive Income1			-				4
Amortization of Net Actuarial Loss:
From Regulatory Asset			23				31
From Other Comprehensive Income1			86				87
Net Periodic Pension Cost2		$	516			$	662
1Amortization of prior service costs and net actuarial losses from other comprehensive income are included in nonservice cost components of postretirement benefits.
2Allocation of Costs:
Service costs included in electric operation and maintenance expenses		$	-			$	26
Service costs included in other nonelectric expenses			45				79
Nonservice costs included in nonservice cost components of postretirement benefits			471				557

		Three Months Ended March 31,
(in thousands)		2020				2019
Service Cost—Benefit Earned During the Period		$	462			$	321
Interest Cost on Projected Benefit Obligation			598				770
Amortization of Prior-Service Cost:
From Regulatory Asset			(1,169	)			-
From Other Comprehensive Income1			(29	)			-
Amortization of Net Actuarial Loss:
From Regulatory Asset			1,051				393
From Other Comprehensive Income1			26				10
Net Periodic Postretirement Benefit Cost2		$	939			$	1,494
Effect of Medicare Part D Subsidy		$	281			$	(45	)
1Corporate cost included in nonservice cost components of postretirement benefits.
2Allocation of Costs:
Service costs included in OTP capital expenditures		$	118			$	91
Service costs included in electric operation and maintenance expenses			333				223
Service costs included in other nonelectric expenses			11				7
Nonservice costs capitalized as regulatory assets			122				333
Nonservice costs included in nonservice cost components of postretirement benefits			355				840

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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration