Executive Benefit Agreements and Employee Savings Plans (Tables)

12 Months Ended

Dec. 31, 2015

The following table includes information about these agreements:

	December 31,
	2015		2014
	(In Thousands)
Total undiscounted death benefits	$	4,501	$	6,417
Total accrued death benefits	$	4,040	$	4,054

Total undiscounted executive benefits	$	913	$	1,900
Total accrued executive benefits	$	564	$	1,363

Executive Benefit Expenses

	December 31,
	2015			2014		2013
	(In Thousands)
Costs (recovery of costs) associated with executive benefits included in SG&A, net (1)	$	(561	)	$	166	$	(2	)

(1)

During 2015, the employment of certain executives, subject to the provisions of the 1981 and 1992 Agreements, were terminated, resulting in the forfeiture of the respective benefits. As a result of these events, the accrual for these estimated benefits was derecognized resulting in a net recovery of costs associated with executive benefits.

Life Insurance Policies

The following table summarizes certain information about these life insurance policies.

	December 31,
	2015			2014
	(In Thousands)
Total face value of life insurance policies	$	21,242		$	26,242

Total cash surrender values of life insurance policies	$	5,007		$	6,936
Loans on cash surrender values		(1,288	)		—
Net cash surrender values	$	3,719		$	6,936

Life Insurance Premiums

	2015			2014			2013
	(In Thousands)
Cost of life insurance premiums	$	1,040		$	1,077		$	1,006
Increases in cash surrender values		(586	)		(714	)		(681	)
Net cost of life insurance premiums included in SG&A	$	454		$	363		$	325