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Pension Plans and Other Postretirement Benefits (Tables)
9 Months Ended
Sep. 30, 2012
Pension Plans and Other Postretirement Benefits [Abstract]  
Defined benefit plan and the supplemental defined benefit plans
                                 
    Defined Benefit Plan  
    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
    2012     2011     2012     2011  

Components of net periodic pension (income) expense:

                               

Service cost:

                               

Benefit accrual

  $ —       $ —       $ —       $ —    

Other expenses

    90       63       270       188  

Interest cost

    356       424       1,070       1,268  

Expected return on plan assets

    (605     (610     (1,817     (1,820

Settlement loss

    161       1,098       1,079       1,098  

Amortization of:

                               

Prior service cost

    —         —         —         —    

Actuarial loss

    512       478       1,538       1,366  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic pension expense

  $ 514     $ 1,453     $ 2,140     $ 2,100  
   

 

 

   

 

 

   

 

 

   

 

 

 
   
    Supplemental Defined Benefit Plans  
    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
    2012     2011     2012     2011  

Components of net periodic pension (income) expense:

                               

Service cost:

                               

Benefit accrual

  $ —       $ —       $ —       $ —    

Other expenses

    —         —         —         —    

Interest cost

    171       201       506       598  

Expected return on plan assets

    —         —         —         —    

Settlement loss

    —         —         —         —    

Amortization of:

                               

Prior service cost

    31       31       93       94  

Actuarial (gain) loss

    (362     194       128       523  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic pension (benefit) expense

  $ (160   $ 426     $ 727     $ 1,215  
   

 

 

   

 

 

   

 

 

   

 

 

 
Net periodic benefit for postretirement benefits other than pensions
                                 
    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2012     2011     2012     2011  

Components of net periodic benefit:

                               

Service cost

  $ —       $ —       $ —       $ —    

Interest cost

    22       32       68       91  

Amortization of prior service cost

    —         —         —         —    

Amortization of prior gains

    (131     (101     (392     (376
   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit

  $ (109   $ (69   $ (324   $ (285
   

 

 

   

 

 

   

 

 

   

 

 

 
Contributions made and expected full year contributions for the Company's plans
                         
    Defined Benefit Pension Plans        
    Defined
Benefit
Plan
    Supplemental
Defined Benefit
Plans
    Other
Postretirement
Benefits
 

Minimum funding requirement for 2012

  $ 1,000       N/A       N/A  

Contributions made in the nine months ended September 30, 2012

    2,534       985       363  

Expected contributions (approximations) for the year ended December 31, 2012 as of the time of :

                       

This Form 10-Q (1)

    2,550       1,300       519  

2011 Form 10-K (2)

    2,300       1,300       519  

 

N/A - Not applicable.

(1) HMEC’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2012.

(2) HMEC’s Annual Report on Form 10-K for the year ended December 31, 2011, specifically “Notes to Consolidated Financial Statements — Note 9 — Pension Plans and Other Postretirement Benefits”.