Retirement Plans And Other Postretirement Benefits (Tables)

12 Months Ended

Dec. 31, 2013

Compensation and Retirement Disclosure [Abstract]

Reconciliation Of Changes In Benefit Obligations And Plan Assets

The following tables reconcile the changes in benefit obligations and plan assets in 2013 and 2012, and reconcile the funded status to prepaid or accrued cost at December 31, 2013 and 2012:



	Pension Benefits						Other Post- Retirement Benefits
(In Thousands)	2013			2012			2013			2012
Change in benefit obligation:
Benefit obligation, beginning of year	$	302,285		$	272,436		$	8,879		$	8,422
Service cost	3,754			3,657			58			58
Interest cost	12,338			13,084			345			385
Effect of actuarial (gains) losses related to the following:
Discount rate change	(26,848		)	26,843			(746		)	549
Retirement rate assumptions and mortality table adjustments	(144		)	—			—			—
Other	(3,058		)	(1,372		)	(382		)	(243		)
Benefits paid	(13,161		)	(12,363		)	(296		)	(292		)
Benefit obligation, end of year	$	275,166		$	302,285		$	7,858		$	8,879
Change in plan assets:
Plan assets at fair value, beginning of year	$	219,035		$	214,647		$	—		$	—
Actual return on plan assets	21,657			14,455			—			—
Employer contributions	5,174			2,296			296			292
Benefits paid	(13,161		)	(12,363		)	(296		)	(292		)
Plan assets at fair value, end of year	$	232,705		$	219,035		$	—		$	—
Funded status of the plans	$	(42,461	)	$	(83,250	)	$	(7,858	)	$	(8,879	)
Amounts recognized in the consolidated balance sheets:
Prepaid benefit cost	$	—		$	—		$	—		$	—
Accrued benefit liability	(42,461		)	(83,250		)	(7,858		)	(8,879		)
Net amount recognized	$	(42,461	)	$	(83,250	)	$	(7,858	)	$	(8,879	)

Components Of Net Periodic Benefit Income Or Cost For Continuing Operations

Assumptions used for financial reporting purposes to compute net benefit income or cost and benefit obligations for continuing operations, and the components of net periodic benefit income or cost for continuing operations, are as follows:



	Pension Benefits									Other Post- Retirement Benefits
(In Thousands, Except Percentages)	2013			2012			2011			2013			2012			2011
Weighted-average assumptions used to determine benefit obligations:
Discount rate	4.99		%	4.21		%	4.95		%	4.88		%	4.10		%	4.90		%
Weighted-average assumptions used to determine net periodic benefit cost:
Discount rate	4.21		%	4.95		%	5.45		%	4.10		%	4.90		%	5.35		%
Expected long-term return on plan assets	7.75		%	8.00		%	8.25		%	n/a			n/a			n/a
Components of net periodic benefit cost:
Service cost	$	3,754		$	3,657		$	3,361		$	58		$	58		$	54
Interest cost	12,338			13,084			13,024			345			385			395
Expected return on plan assets	(17,430		)	(19,108		)	(20,448		)	—			—			—
Amortization of prior service costs and gains or losses	15,028			10,377			6,359			(210		)	(241		)	(264		)
Settlement/curtailment	28			99			—			—			—			—
Net periodic benefit cost	$	13,718		$	8,109		$	2,296		$	193		$	202		$	185

Schedule Of Expected Benefit Payments For Continuing Operations

Expected benefit payments for continuing operations over the next five years and in the aggregate for 2019-2023 are as follows:



(In Thousands)	Pension Benefits		Other Post- Retirement Benefits
2014	$	14,398	$	474
2015	15,193		495
2016	15,775		511
2017	16,334		521
2018	16,748		533
2019—2023	89,586		2,696

Schedule Of Amounts Recognized Before Related Deferred Income Taxes In Accumulated Other Comprehensive Income

Amounts recognized in 2013, 2012 and 2011 before related deferred income taxes in accumulated other comprehensive income consist of:



	Pension								Other Post-Retirement
(In Thousands)	2013		2012			2011			2013			2012			2011
Prior service cost (benefit)	$	270	$	(887	)	$	(1,890	)	$	—		$	—		$	—
Net actuarial (gain) loss	116,519		167,009			148,364			(1,773		)	(855		)	(1,401		)

Schedule Of Amounts Before Related Deferred Income Taxes In Accumulated Other Comprehensive Income That Are Expected To Be Recognized As Components Of Net Periodic Benefit Or Cost

The amounts before related deferred income taxes in accumulated other comprehensive income that are expected to be recognized as components of net periodic benefit or cost during 2014 are as follows:



(In Thousands)	Pension		Other Post- Retirement
Prior service cost (benefit)	$	183	$	—
Net actuarial (gain) loss	11,153		(307		)

Schedule Of Percentage Composition Of Assets Held By Pension Plans

The percentage composition of assets held by pension plans for continuing operations at December 31, 2013, 2012 and 2011 are as follows:



	% Composition of Plan Assets at December 31,
	2013		2012		2011
Pension plans related to continuing operations:
Fixed income securities	14.0	%	14.7	%	9.7	%
Large/mid-capitalization equity securities	13.8		10.9		15.9
Small-capitalization equity securities	4.8		5.4		6.2
International and emerging market equity securities	11.7		10.0		14.3
Total equity securities	30.3		26.3		36.4
Private equity and hedge funds	48.3		50.0		41.8
Other assets	7.4		9.0		12.1
Total for continuing operations	100.0	%	100.0	%	100.0	%

Schedule Of Targeted Allocation Percentage For Pension Plan Assets And Expected Long-Term Rate Of Return On Assets

Our targeted allocation percentage for pension plan assets and the expected long-term rate of return on assets is as follows:



	Target % Composition of Plan Assets *		Expected Long-term Return %
Pension plans related to continuing operations:
Fixed income securities	32.0	%	5.5	%
Large/mid-capitalization equity securities	10.0		9.2
Small-capitalization equity securities	4.0		10.5
International and emerging market equity securities	13.0		10.3
Total equity securities	27.0		9.9
Private equity and hedge funds	41.0		8.1
Total for continuing operations	100.0	%	7.8	%


*	Target percentages for the composition of plan assets represents a neutral position within the approved range of allocations for such assets.

Schedule Of Pension Plan Assets Categorized By Level Within Fair Value Measurement Hierarchy

At December 31, 2013, the pension plan assets are categorized by level within the fair value measurement hierarchy as follows:



(In Thousands)	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Balances at December 31, 2013:
Large/mid-capitalization equity securities	$	32,134	$	32,134	$	—	$	—
Small-capitalization equity securities	11,063		11,063		—		—
International and emerging market equity securities	27,271		13,488		13,783		—
Fixed income securities	32,601		17,770		14,831		—
Private equity and hedge funds	112,345		—		103,531		8,814
Other assets	7,871		7,871		—		—
Total plan assets at fair value	$	223,285	$	82,326	$	132,145	$	8,814
Contracts with insurance companies	9,420
Total plan assets, December 31, 2013	$	232,705
Balances at December 31, 2012:
Large/mid-capitalization equity securities	$	23,845	$	23,845	$	—	$	—
Small-capitalization equity securities	11,914		11,914		—		—
International and emerging market equity securities	21,827		8,814		13,013		—
Fixed income securities	32,150		18,080		14,070		—
Private equity and hedge funds	109,690		—		101,334		8,356
Other assets	10,256		10,256		—		—
Total plan assets at fair value	$	209,682	$	72,909	$	128,417	$	8,356
Contracts with insurance companies	9,353
Total plan assets, December 31, 2012	$	219,035

Schedule Of Fair Value Measurements Of Plan Assets Using Significant Unobservable Inputs (Level 3), Reconciliation Of Balances

For fair value measurements of plan assets using significant unobservable inputs (Level 3), a reconciliation of the balances from January 1, 2012 to December 31, 2013 are as follows:



(In Thousands)	Private equity and hedge funds
Balance at January 1, 2012	$	6,992
Purchases	3,767
Sales	—
Distributions	(2,094		)
Actual return on plan assets still held at year end	(309		)
Transfers in and/or out of Level 3	—
Balance at December 31, 2012	$	8,356
Purchases	2,864
Sales	—
Distributions	(2,567		)
Actual return on plan assets still held at year end	161
Transfers in and/or out of Level 3	—
Balance at December 31, 2013	$	8,814