XML 33 R20.htm IDEA: XBRL DOCUMENT
v3.19.2

Employee Benefit Plans | 6 Months Ended
--- | ---
Jun. 30, 2019
Employee Benefit Plans [Abstract] |
Employee Benefit Plans | Note 13 – Employee Benefit Plans ﻿ The Company has a qualified, defined benefit pension plan that was established to provide benefits to certain employees. The plan is frozen and participants are no longer accruing benefits. Generally, contributions to the plan are not less than the minimum amounts required under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and not more than the maximum amount that can be deducted for federal income tax purposes. The plan assets are held by an independent trustee and consist primarily of equity and fixed income securities. ﻿ The Company also provides certain postretirement health care benefits for certain of its salaried retired employees. Generally, employees may become eligible for health care benefits if they retire after attaining specified age and service requirements. These benefits are subject to deductibles, co-payment provisions and other limitations. ﻿ The components of net periodic benefit cost (benefit) for the three and six months ended June 30, 2019 and 2018, are as follows: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Three Months Ended |  | Six Months Ended
﻿ | June 30, |  | June 30,
﻿Pension Benefits | 2019 |  | 2018 |  | 2019 |  | 2018
﻿Interest cost | $ | 466 |  | $ | 428 |  | $ | 932 |  | $ | 855
﻿Expected return on plan assets |  | (555) |  |  | (711) |  |  | (1,110) |  |  | (1,422)
﻿Amortization of unrecognized net loss |  | 137 |  |  | 113 |  |  | 274 |  |  | 226
﻿ | $ | 48 |  | $ | (170) |  | $ | 96 |  | $ | (341)
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Three Months Ended |  | Six Months Ended
﻿ | June 30, |  | June 30,
﻿Postretirement Benefit Plan | 2019 |  | 2018 |  | 2019 |  | 2018
﻿Service cost | $ | 5 |  | $ | 8 |  | $ | 10 |  | $ | 16
﻿Interest cost |  | 45 |  |  | 45 |  |  | 90 |  |  | 90
﻿Amortization of prior service cost |  | 4 |  |  | 4 |  |  | 8 |  |  | 8
﻿Amortization of unrecognized net (gain) loss |  | (97) |  |  | (70) |  |  | (194) |  |  | (140)
﻿ | $ | (43) |  | $ | (13) |  | $ | (86) |  | $ | (26)
﻿ ﻿ ﻿ ﻿ ﻿ The Company made no contributions to the Company’s defined benefit pension plan for each of the three and six months ended June 30, 2019 and 2018. The Company expects to make no contributions to its pension plan in 2019. ﻿ The Company made contributions to the Company’s postretirement benefit plan for salaried retirees of $158 and $126 for the three months ended June 30, 2019 and 2018, respectively, and $276 and $351 for the six months ended June 30, 2019 and 2018, respectively. The Company expects to make $552 in contributions (including contributions already made) to its postretirement benefit plan in 2019 for salaried retirees. ﻿ The Company also maintains qualified defined contribution plans, which provide benefits to employees based on employee contributions, employee earnings or certain subsidiary earnings, with discretionary contributions allowed. Expenses related to these plans were $372 and $457 for the three months ended June 30, 2019 and 2018, respectively, and $743 and $887 for the six months ended June 30, 2019 and 2018, respectively.

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

X
- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration