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Retirement and Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2021

Retirement Benefits [Abstract]

Defined Benefit Obligations and Funded Status [Table Text Block]

The following table, which includes only company-sponsored defined benefit plans, reconciles the beginning and ending balances of our projected benefit obligation and fair value of plan assets. We recognize the underfunded status of our defined benefit pension plans on our Consolidated Balance Sheets. We recognize changes in funded status in the year changes occur through other comprehensive income (loss).

						December 31
						2021						2020
						(thousands)
Change in benefit obligation
Benefit obligation at beginning of year						$	4,887					$	192,061
Service cost						—						668
Interest cost						95						5,893
Actuarial loss						(61)						18,605
Group annuity transactions (a)						—						(76,650)
Benefits paid (b)						(470)						(135,690)
Benefit obligation at end of year						4,451						4,887
Change in plan assets
Fair value of plan assets at beginning of year						—						168,651
Actual return on plan assets						—						30,930
Employer contributions						470						12,759
Group annuity transactions (a)						—						(76,650)
Benefits paid (b)						(470)						(135,690)
Fair value of plan assets at end of year						—						—
Underfunded status						$	(4,451)					$	(4,887)
Amounts recognized on our Consolidated Balance Sheets
Current liabilities						$	(1,054)					$	(367)
Noncurrent liabilities						(3,397)						(4,520)
Net liability						$	(4,451)					$	(4,887)
Amounts recognized in accumulated other comprehensive loss
Net actuarial loss						$	1,401					$	1,443
Prior service cost						—						—
Net loss recognized						$	1,401					$	1,443

______________________________________ 

(a)    See Defined Benefits Plans above for description of group annuity transactions.

(b)    See Defined Benefits Plans above for description of lump-sum payments.

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

The components of net periodic benefit cost and other amounts recognized in other comprehensive (income) loss are as follows:

			Year Ended December 31
			2021						2020						2019
			(thousands)
Net periodic benefit cost
Service cost			$	—					$	668					$	647
Interest cost			95						5,893						7,210
Expected return on plan assets			—						(5,493)						(5,903)
Amortization of actuarial (gain) loss			(19)						807						(175)
Plan settlement expense (a)			—						6,250						1,342
Net periodic benefit cost			76						8,125						3,121
Changes in plan assets and benefit obligations recognized in other comprehensive (income) loss
Net actuarial (gain) loss			(61)						(6,832)						4,642
Amortization of actuarial gain (loss)			19						(807)						175
Effect of settlements			—						(6,250)						(1,342)
Total recognized in other comprehensive (income) loss			(42)						(13,889)						3,475
Total recognized in net periodic cost and other comprehensive (income) loss			$	34					$	(5,764)					$	6,596

______________________________________ 

(a)    Plan settlement expense during the years ended December 31, 2020, and 2019 includes $6.3 million and $1.3 million, respectively, of settlement charges related to the transfers of pension plan assets to Prudential for the purchase of group annuity contracts, as well as lump-sum payments in 2020.

Schedule of Net Benefit Costs [Table Text Block]

The components of net periodic benefit cost and other amounts recognized in other comprehensive (income) loss are as follows:

			Year Ended December 31
			2021						2020						2019
			(thousands)
Net periodic benefit cost
Service cost			$	—					$	668					$	647
Interest cost			95						5,893						7,210
Expected return on plan assets			—						(5,493)						(5,903)
Amortization of actuarial (gain) loss			(19)						807						(175)
Plan settlement expense (a)			—						6,250						1,342
Net periodic benefit cost			76						8,125						3,121
Changes in plan assets and benefit obligations recognized in other comprehensive (income) loss
Net actuarial (gain) loss			(61)						(6,832)						4,642
Amortization of actuarial gain (loss)			19						(807)						175
Effect of settlements			—						(6,250)						(1,342)
Total recognized in other comprehensive (income) loss			(42)						(13,889)						3,475
Total recognized in net periodic cost and other comprehensive (income) loss			$	34					$	(5,764)					$	6,596

______________________________________ 

(a)    Plan settlement expense during the years ended December 31, 2020, and 2019 includes $6.3 million and $1.3 million, respectively, of settlement charges related to the transfers of pension plan assets to Prudential for the purchase of group annuity contracts, as well as lump-sum payments in 2020.

Schedule of Assumptions Used [Table Text Block]

The following table presents the assumptions used in the measurement of net periodic benefit cost:

												December 31
												2020						2019
Weighted average assumptions
Discount rate												3.10		%				4.15		%
Expected long-term rate of return on plan assets												3.50		%				3.85		%
Rate of compensation increases (a)												—		%				—		%

_______________________________________ 

(a)    Pension benefits for all salaried employees are frozen, resulting in an assumption for the rate of compensation increase of zero.

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Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans.

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Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost.

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