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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2014
Summary of Projected Benefit Obligation

A summary of the activity in the Plan's projected benefit obligation, assets, funded status and amounts recognized in the Company's consolidated balance sheets is as follows:

(In thousands) 2014   2013
Projected benefit obligation:            
Balance, January 1 $ 63,439     $ 67,087  
Service cost   3,003       3,452  
       Interest cost   3,037       2,819  
       Actuarial loss (gain)     13,349       (8,496 )
       Benefits paid     (1,486 )     (1,423 )
Balance, December 31   $ 81,342     $ 63,439  
Plan assets:              
       Fair value, January 1   $ 70,627     $ 61,384  
       Actual return   3,831       9,166  
       Employer contribution           1,500  
       Benefits paid     (1,486 )     (1,423 )
Fair value, December 31   $ 72,972     $ 70,627  
Funded status:              
Accrued pension asset (liability)   $ (8,370 )   $ 7,188  
Schedule of Assumptions used to Determine Projected Benefit Obligation
2014   2013   2012
Weighted average discount rate 4.00 %   5.00 %   4.25 %
Rate of increase in compensation levels (a)   3.75 %   3.75 %
Schedule of Expected Pension Benefit Payments
The following pension benefit payments, which reflect expected future service, as appropriate, are expected to be paid by the Plan:

Amount
2015 $ 1,842,000
2016   2,065,000
2017   2,305,000
2018   2,649,000
2019     2,822,000
2020-2024   18,649,000
Schedule of Plan's Pension Costs

The Plan's pension cost included the following components:

For the Year Ended
December 31,
(In thousands) 2014 2013   2012
Service cost benefits earned during the year $ 3,003     $ 3,452     $ 2,799  
Interest cost on projected benefit obligations   3,037       2,819       2,570  
Expected return on plan assets     (4,711 )     (4,469 )     (3,967 )
Net amortization and deferral     244       1,729       1,473  
Net periodic pension cost   $ 1,573     $ 3,531     $ 2,875  
Schedule of Assumptions used to Determine Net Pension Cost

The following represent the major assumptions used to determine the net pension cost of the Plan:

2014   2013   2012
Weighted average discount rate 5.00 %   4.25 %   4.75 %
Rate of increase in compensation levels 3.75 %   3.75 %   4.00 %
Expected long-term rate of return on assets 6.75 %   7.25 %   7.25 %
Schedule of Assumed Long-term Rate of Return on Assets
The expected one-year nominal returns and annual standard deviations are shown by asset class below:
   
One-Year Nominal
  Annual Standard
Asset Class % of Total Portfolio   Return   Deviation
Core Fixed Income 49 %   4.79 %   4.68 %
Large Cap U.S. Equities 9 %   7.67 %   16.65 %
Large Cap U.S. Growth Equities   9 %   8.42 %   19.20 %
Large Cap U.S. Value Equities 9 %   7.53 %   16.73 %
Small Cap U.S. Equities   8 %   8.70 %   20.53 %
International (Developed) 15 %   8.98 %   19.79 %
International (Emerging)   1 %   10.77 %   28.45 %
Summary of the Fair Value Measurements by Type of Asset

A summary of the fair value measurements by type of asset is as follows:

  Fair Value Measurements as of December 31,
  2014   2013
    Quoted Prices       Quoted Prices
    in Active           in Active  
          Markets for   Significant       Markets for   Significant
          Identical   Observable       Identical   Observable
          Assets   Inputs       Assets   Inputs
(In thousands)     Total   (Level 1)   (Level 2)   Total   (Level 1)   (Level 2)
Cash     $ 268   $ 268   $   $ 245   $ 245   $
    Equity securities              
    U.S. Large Cap Growth     7,165     7,165   6,650     6,650
    U.S. Large Cap Value     7,066     7,066   6,835     6,835
    U.S. Small/Mid Cap Growth     2,950     2,950   2,825     2,825
    U.S. Small/Mid Cap Value     2,721     2,721   2,784     2,784
    Non-U. S. Core     10,317     10,317   10,840     10,840
    U.S. Large Cap Passive     7,192     7,192   6,929     6,929
    Emerging Markets     703     703   711     711
Fixed Income              
    U.S. Core     24,019     24,019   22,720     22,720
    U.S. Passive     9,275     9,275   8,747     8,747
    Opportunistic     1,296     1,296   1,341     1,341
                    Total     $ 72,972   $ 268   $ 72,704   $ 70,627   $ 245   $ 70,382
Supplemental Executive Retirement Plan [Member]  
Summary of Projected Benefit Obligation

A summary of the activity in the SERP's projected benefit obligation, funded status and amounts recognized in the Company's consolidated balance sheets is as follows:

December 31,
(In thousands) 2014 2013
Benefit obligation:
Balance, January 1 $ 8,048     $ 8,482  
       Service cost   136       144  
       Interest cost   377       335  
       Benefits paid   (236 )     (236 )
       Actuarial (gain) loss     1,078       (677 )
Balance, December 31   $ 9,403     $ 8,048  
Schedule of Assumptions used to Determine Projected Benefit Obligation
2014   2013   2012
Weighted average discount rate 3.75 %   4.75 %   4.00 %
Rate of increase in compensation levels (a)   3.75 %   3.75 %
Schedule of Expected Pension Benefit Payments
Expected future benefits payable by the Company over the next ten years are as follows:
 
Amount
2015   $ 236,000
2016   244,000
2017   258,000
2018   324,000
2019   323,000
2020-2024   2,852,000
Schedule of Plan's Pension Costs

The SERP's pension cost included the following components:

  For the Year Ended December 31,
(In thousands)   2014   2013   2012
Service cost – benefits earned during the year   $ 136   $ 144   $ 115
Interest cost on projected benefit obligations   377   335   307
Net amortization and deferral     431   551   360
Net periodic pension cost     $ 944   $ 1,030   $ 782
Schedule of Pretax Amounts in Accumulated Other Comprehensive Loss

The pretax amounts in accumulated other comprehensive loss as of December 31 were as follows:

  The Plan   SERP
(In thousands)   2014   2013   2014   2013
Prior service cost   $   $ 8   $   $
Net actuarial loss   25,464   11,471   3,723   3,075
       Total     $ 25,464   $ 11,479   $ 3,723   $ 3,075