XML 46 R32.htm IDEA: XBRL DOCUMENT
v3.3.1.900

EMPLOYEE BENEFIT PLANS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
EMPLOYEE BENEFIT PLANS [Abstract] |
Schedule of Benefit Obligations and Funded Status |
Benefit Obligations and Funded Status |  |  |
In thousands |  | Year Ended |
|  | December 31 |
|  | 2015 |  |  | 2014 |
Change in Accumulated Postretirement Benefit Obligation |  |  |  |  |  |
Accumulated Postretirement Benefit Obligation at the Beginning of the Year |  | $ | 666 |  |  | $ | 748 |
Service Cost |  |  | — |  |  |  | — |
Interest Cost |  |  | 22 |  |  |  | 27 |
Actuarial (Gain) or Loss |  |  | 41 |  |  |  | 12 |
Benefits Paid |  |  | (117 | ) |  |  | (126 | )
Plan Participant's Contributions |  |  | 4 |  |  |  | 5 |
Accumulated Postretirement Benefit Obligation at the End of the Year |  |  | 616 |  |  |  | 666 |
Change in Plan Assets |  |  |  |  |  |  |  |
Fair Value of Plan Assets at the Beginning of the Year |  |  | — |  |  |  | — |
Benefits Paid |  |  | (117 | ) |  |  | (126 | )
Employer Contributions |  |  | 113 |  |  |  | 121 |
Plan Participant's Contributions |  |  | 4 |  |  |  | 5 |
Fair Value of Assets at the End of the Year |  |  | — |  |  |  | — |
Net Amount Recognized |  |  |  |  |  |  |  |
Funded Status |  |  | (616 | ) |  |  | (667 | )
Unrecognized Transition Obligation Asset |  |  | — |  |  |  | — |
Unrecognized Net Gain or Loss |  |  | 287 |  |  |  | 284 |
Net Amount Recognized: |  |  | (329 | ) |  |  | (383 | )
Amounts Recognized in the Statement of Financial Position |  |  |  |  |  |  |  |
Accrued Benefit Liability-Current |  |  | (99 | ) |  |  | (115 | )
Accrued Benefit Liability-Noncurrent |  |  | (230 | ) |  |  | (268 | )
Net Amount Recognized |  | $ | (329 | ) |  | $ | (383 | )
Weighted Average Assumptions at the End of the Year |  |  |  |  |  |  |  |
Discount Rate |  |  | 4.00 | % |  |  | 3.65 | %
Assumed Health Care Cost Trend Rates |  |  |  |  |  |  |  |
Health Care Cost Trend Rate Assumed for Next Year |  |  | 4.50 | % |  |  | 5.00 | %
Ultimate Rate |  |  | 3.50 | % |  |  | 3.50 | %
Year that the Ultimate Rate is Reached |  |  | 2019 |  |  |  | 2018 |
Schedule of Impact of One-percentage-point Change in Assumed Health Care Cost Trend Rates |
Impact of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates |
| Increase |  | Decrease |
Effect on Service Cost & Interest Cost |  | $ | 1 |  |  | $ | (1 | )
Effect on Postretirement Benefit Obligation |  | $ | 23 |  |  | $ | (21 | )
Annual Benefits Expected to be Paid | Contributions Artesian Water expects to contribute $99,000 to its postretirement benefit plan in 2016. The following table represents the approximate annual benefits expected to be paid for the years ended December 31:
In thousands |  | Other Benefits |
2016 |  | $ | 99 |
2017 |  |  | 92 |
2018 |  |  | 84 |
2019 |  |  | 76 |
2020 |  |  | 67 |
2021 through 2025 |  |  | 222 |
|  | $ | 640 |
NOTE 10

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e2439-114920 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e2417-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e2410-114920 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=58242635&loc=d3e4179-114921 Reference 5: 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_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of a one-percentage-point increase and the effect of a one-percentage-point decrease in the assumed health care cost trend rates on the aggregate of the service and interest cost components of net periodic postretirement health care benefit costs and the accumulated postretirement benefit obligation for health care 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 (m) -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfEffectOfOnePercentagePointChangeInAssumedHealthCareCostTrendRatesTableTextBlock
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