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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2010
EMPLOYEE BENEFIT PLANS [Abstract]    
Schedule of Changes in Accumulated Postemployment Benefit Obligations [Table Text Block]
The following table provides the change in benefit obligation, change in plan assets, funded status and amounts recognized in the consolidated balance sheet of the defined benefit pension plans as of December 31, 2014 and 2013 (amounts in thousands):
Change in benefit obligation:
2014
 
2013
Benefit obligation at beginning of year
$
123,182

 
$
139,104

Service cost
618

 
850

Interest cost
5,653

 
5,408

Actuarial (gain) loss
9,382

 
(12,848
)
Benefits paid
(9,187
)
 
(9,258
)
Foreign currency translation
(2,882
)
 
(74
)
Benefit obligation at end of year
$
126,766

 
$
123,182

Change in plan assets:
 

 
 

Fair value of plan assets at beginning of year
$
83,952

 
$
78,168

Actual return on plan assets
3,912

 
10,255

Employer contributions
5,685

 
4,674

Benefits paid
(9,032
)
 
(9,223
)
Foreign currency translation
(236
)
 
78

Fair value of plan assets at end of year
$
84,281

 
$
83,952

Unfunded status at end of year
$
(42,485
)
 
$
(39,230
)
Amounts recognized in consolidated balance sheet:
 

 
 

Noncurrent assets
$
537

 
$
539

Current liabilities
(3,569
)
 

Noncurrent liabilities
(39,453
)
 
(39,769
)
Net amount recognized in the consolidated balance sheet
$
(42,485
)
 
$
(39,230
)
 
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]
Amounts recognized in accumulated other comprehensive loss:
 
 
 
 
2014
 
2013
Unrecognized prior service cost
$
(618
)
 
$
(754
)
Unrecognized net loss
(41,370
)
 
(33,070
)
Deferred tax effect of unrecognized items
15,929

 
12,894

Net amount recognized in accumulated other comprehensive loss
$
(26,059
)
 
$
(20,930
)
 
Schedule of Assumptions Used [Table Text Block]
The weighted-average assumptions used in the actuarial computation that derived the benefit obligations at December 31 were as follows:
2014
 
2013
Discount rate
4.1
%
 
4.8
%
Expected long-term return on plan assets
7.4
%
 
7.4
%
The weighted-average assumptions used in the actuarial computation that derived net periodic pension cost for the years ended December 31, 2014, 2013 and 2012 were as follows:
 
2014
 
2013
 
2012
Discount rate
5.9
%
 
4.7
%
 
4.3
%
Expected long-term return on plan assets
7.4
%
 
7.4
%
 
7.5
%
 
Schedule of Net Benefit Costs [Table Text Block]
The following table provides the components of net periodic pension cost for the plans, settlement cost and the assumptions used in the measurement of the Company’s benefit obligation for the years ended December 31, 2014, 2013 and 2012 (amounts in thousands):
Components of net periodic benefit cost and other
amounts recognized in other comprehensive income (loss)
 
 
 
 
 
Net periodic benefit cost:
2014
 
2013
 
2012
Service cost
$
618

 
$
850

 
$
380

Interest cost
5,653

 
5,408

 
5,082

Assumed return on assets
(6,068
)
 
(5,585
)
 
(5,022
)
Amortization of unrecognized prior service cost
137

 
137

 
137

Amortization of net unrecognized loss
3,033

 
5,264

 
5,195

Net periodic pension cost
$
3,373

 
$
6,074

 
$
5,772

 
Schedule of Allocation of Plan Assets [Table Text Block]
The allocation of the fair value of plan assets was as follows:
 
Percentage of Plan Assets
at December 31,
 
Target
Allocation
Asset Category
2014
 
2013
 
2015
U.S. equities (a)
61
%
 
58
%
 
40% - 80%
Fixed income
25
%
 
23
%
 
20% - 50%
Cash and cash equivalents
5
%
 
7
%
 
0% - 20%
International equities (a)
9
%
 
12
%
 
0% - 16%
 
100
%
 
100
%
 
 
 
(a)
Total equities may not exceed 80% of total plan assets.
The fair value of the plan assets by asset categories at December 31, 2014 was as follows (amounts in thousands):
 
Fair Value Measurements as of December 31, 2014
 
Total
 
Level 1
 
Level 2
 
Level 3
Money market funds
$
3,325

 
$
3,325

 
$

 
$

Domestic common stock
32,472

 
32,472

 

 

Foreign common stock
3,986

 
3,986

 

 

Corporate bonds
5,875

 
5,875

 

 

Foreign bonds
1,611

 

 
1,611

 

U.S. government securities
14

 
14

 

 

Insurance fund
1,799

 

 
1,799

 

Common / collective trusts
35,199

 
912

 
34,287

 

Totals
$
84,281

 
$
46,584

 
$
37,697

 
$

The fair value of the plan assets by asset categories at December 31, 2013 was as follows (amounts in thousands):
 
Fair Value Measurements as of December 31, 2013
 
Total
 
Level 1
 
Level 2
 
Level 3
Money market funds
$
6,051

 
$
6,051

 
$

 
$

Domestic common stock
32,757

 
32,757

 

 

Foreign common stock
4,921

 
4,921

 

 

Corporate bonds
4,012

 
4,012

 

 

Foreign bonds
519

 

 
519

 

U.S. government securities
18

 
18

 

 

Mutual funds

 

 

 

Insurance funds
1,974

 

 
1,974

 

Common / collective trusts
33,700

 

 
33,700

 

Totals
$
83,952

 
$
47,759

 
$
36,193

 
$

Schedule of Expected Benefit Payments [Table Text Block]
Projected benefit payments from the plans as of December 31, 2014, are estimated as follows (amounts in thousands):
2015
$
8,924

2016
8,942

2017
8,883

2018
8,864

2019
8,547

2020-2024
43,137