XML 41 R24.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Note G - Pension and Other Postretirement Benefits (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Notes Tables |
Schedule of Changes in Projected Benefit Obligations [Table Text Block] |
|  | Pension Plan |  |  | Postretirement Plan |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Accumulated benefit obligation at end of year |  | $ | 63,830 |  |  | $ | 65,454 |  |  | $ | 22,430 |  |  | $ | 22,813 |
Change in projected benefit obligation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Benefit obligation at beginning of year |  | $ | 80,069 |  |  | $ | 70,635 |  |  | $ | 22,813 |  |  | $ | 19,794 |
Service cost |  |  | 3,064 |  |  |  | 2,904 |  |  |  | 1,194 |  |  |  | 907 |
Interest cost |  |  | 2,640 |  |  |  | 2,895 |  |  |  | 790 |  |  |  | 845 |
Settlement |  |  | 1,431 |  |  |  | — |  |  |  | — |  |  |  | — |
Benefits paid |  |  | (10,069 | ) |  |  | (3,584 | ) |  |  | (1,094 | ) |  |  | (1,736 | )
Effect of foreign exchange |  |  | — |  |  |  | — |  |  |  | (94 | ) |  |  | (49 | )
Actuarial loss (gain) |  |  | 465 |  |  |  | 7,219 |  |  |  | (1,179 | ) |  |  | 3,052 |
Benefit obligation at end of year |  | $ | 77,600 |  |  | $ | 80,069 |  |  | $ | 22,430 |  |  | $ | 22,813 |
Change in plan assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Plan assets at beginning of year |  | $ | 75,573 |  |  | $ | 70,889 |  |  | $ | — |  |  | $ | — |
Actual return on plan assets |  |  | (1,213 | ) |  |  | 5,768 |  |  |  | — |  |  |  | — |
Employer contributions |  |  | 4,000 |  |  |  | 2,500 |  |  |  | 1,094 |  |  |  | 1,736 |
Benefits paid |  |  | (10,069 | ) |  |  | (3,584 | ) |  |  | (1,094 | ) |  |  | (1,736 | )
Plan assets at end of year |  |  | 68,291 |  |  |  | 75,573 |  |  |  | — |  |  |  | — |
Funded status at end of year |  | $ | (9,309 | ) |  | $ | (4,496 | ) |  | $ | (22,430 | ) |  | $ | (22,813 | )
Amounts recognized in the Consolidated Balance Sheets consist of: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | — |  |  | $ | — |  |  | $ | (1,646 | ) |  | $ | (1,516 | )
Noncurrent liabilities |  |  | (9,309 | ) |  |  | (4,496 | ) |  |  | (20,784 | ) |  |  | (21,297 | )
Total liabilities |  | $ | (9,309 | ) |  | $ | (4,496 | ) |  | $ | (22,430 | ) |  | $ | (22,813 | )
Amounts recognized in accumulated other comprehensive loss consist of: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net actuarial loss (gain) |  | $ | 29,992 |  |  | $ | 28,836 |  |  | $ | (8,082 | ) |  | $ | (7,601 | )
Deferred tax (benefit) expense |  |  | (11,590 | ) |  |  | (11,162 | ) |  |  | 3,038 |  |  |  | 2,915 |
After tax actuarial loss (gain) |  | $ | 18,402 |  |  | $ | 17,674 |  |  | $ | (5,044 | ) |  | $ | (4,686 | )
Schedule of Costs of Retirement Plans [Table Text Block] |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Pension Plan |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 3,064 |  |  | $ | 2,904 |  |  | $ | 3,144 |
Interest cost |  |  | 2,640 |  |  |  | 2,895 |  |  |  | 2,851 |
Expected return on plan assets |  |  | (4,060 | ) |  |  | (4,755 | ) |  |  | (5,080 | )
Recognized actuarial loss |  |  | 2,230 |  |  |  | 1,664 |  |  |  | 2,080 |
Settlement loss |  |  | 3,783 |  |  |  | — |  |  |  | 4,169 |
Net periodic benefit cost |  | $ | 7,657 |  |  | $ | 2,708 |  |  | $ | 7,164 |
Other changes in pension plan assets and benefit obligations recognized in other comprehensive loss: |  |  |  |  |  |  |  |  |  |  |  |
Net loss (gain) |  | $ | 1,156 |  |  | $ | 4,541 |  |  | $ | (10,734 | )
Total expense (income) recognized in net periodic benefit cost and other comprehensive income |  | $ | 8,813 |  |  | $ | 7,249 |  |  | $ | (3,570 | )
Postretirement Plan |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 1,194 |  |  | $ | 907 |  |  | $ | 1,153 |
Interest cost |  |  | 790 |  |  |  | 845 |  |  |  | 724 |
Recognized actuarial gain |  |  | (649 | ) |  |  | (1,181 | ) |  |  | (723 | )
Net periodic benefit cost |  | $ | 1,335 |  |  | $ | 571 |  |  | $ | 1,154 |
Other changes in post retirement plan assets and benefit obligations recognized in other comprehensive loss: |  |  |  |  |  |  |  |  |  |  |  |
Net loss (gain) |  | $ | (529 | ) |  | $ | 4,233 |  |  | $ | (3,717 | )
Total expense (income) recognized in net periodic benefit cost and other comprehensive income |  | $ | 806 |  |  | $ | 4,804 |  |  | $ | (2,563 | )
Schedule of Assumptions Used [Table Text Block] |
|  | Pension Benefits |  |  | Postretirement Benefits |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Weighted-average assumptions used to determine benefit obligations at December 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 3.70 | % |  |  | 3.45 | % |  |  | 3.90 | % |  |  | 3.60 | %
Rate of compensation increase |  |  | 3.50 | % |  |  | 3.50 | % |  |  | — |  |  |  | — |
Weighted-average assumptions used to determine net periodic benefit cost for years ended December 31: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 3.67 | % |  |  | 4.30 | % |  |  | 3.60 | % |  |  | 4.50 | %
Expected long-term rate of return on plan assets |  |  | 6.00 | % |  |  | 7.00 | % |  |  | — |  |  |  | — |
Rate of compensation increase |  |  | 3.50 | % |  |  | 3.50 | % |  |  | — |  |  |  | — |
Schedule of Allocation of Plan Assets [Table Text Block] |
2015 |  | $ |  |  | % |
Level 1 |  |  |  |  |  |  |  |
Equity |  | $ | 16,908 |  |  |  | 25 | %
Fixed Income |  |  | 1,468 |  |  |  | 2 | %
Mutual Funds |  |  | 3,476 |  |  |  | 5 | %
Money Fund and Cash |  |  | 1,011 |  |  |  | 1 | %
Total Level 1 |  |  | 22,863 |  |  |  | 33 | %
Level 2 |  |  |  |  |  |  |  |
Fixed Income |  |  | 41,984 |  |  |  | 62 | %
Money Fund |  |  | 3,428 |  |  |  | 5 | %
Total Level 2 |  |  | 45,412 |  |  |  | 67 | %
Level 3 |  |  |  |  |  |  |  |
Total Level 3 |  |  | — |  |  |  | — |
Total fair value of Plan assets |  | $ | 68,275 |  |  |  | 100 | %
2014 |  | $ |  |  | % |
Level 1 |  |  |  |  |  |  |  |
Equity |  | $ | 17,819 |  |  |  | 23 | %
Fixed Income |  |  | 2,169 |  |  |  | 3 | %
Mutual Funds |  |  | 3,598 |  |  |  | 5 | %
Money Fund and Cash |  |  | 1,901 |  |  |  | 3 | %
Total Level 1 |  |  | 25,487 |  |  |  | 34 | %
Level 2 |  |  |  |  |  |  |  |
Fixed Income |  |  | 47,716 |  |  |  | 63 | %
Money Fund |  |  | 2,362 |  |  |  | 3 | %
Total Level 2 |  |  | 50,078 |  |  |  | 66 | %
Level 3 |  |  |  |  |  |  |  |
Total Level 3 |  |  | — |  |  |  | — |
Total fair value of Plan assets |  | $ | 75,565 |  |  |  | 100 | %
Schedule of Expected Benefit Payments [Table Text Block] |
|  | 2016 |  |  | 2017 |  |  | 2018 |  |  | 2019 |  |  | 2020 |  |  | Thereafter |
Pension |  | $ | 5,524 |  |  | $ | 7,498 |  |  | $ | 7,544 |  |  | $ | 6,055 |  |  | $ | 7,205 |  |  | $ | 29,274 |
Postretirement |  |  | 1,678 |  |  |  | 1,677 |  |  |  | 1,651 |  |  |  | 1,656 |  |  |  | 1,666 |  |  |  | 8,757 |

X
- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(5) -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAllocationOfPlanAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in the benefit obligation of pension plans and/or other employee benefit plans 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfChangesInProjectedBenefitObligationsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the costs related to the various types of retirement plans including defined benefit pension plan cost, defined contribution plan cost, other postretirement benefit plan cost, and net periodic benefit cost. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfCostsOfRetirementPlansTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
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