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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2014
EMPLOYEE BENEFIT PLANS [Abstract]  
Schedule of Changes in Benefit Obligations and Plan Assets and Funded Status
YEAR ENDED DECEMBER 31,
2014 2013  
(IN THOUSANDS)
CHANGE IN BENEFIT OBLIGATION:        
Benefit obligation at beginning of year   $ 30,249     $ 29,844  
Service cost     1,601       1,703  
Interest cost     1,368       1,189  
Actuarial (gain) loss     3,406       (757 )
Curtailments     328       -  
Special/contractual termination benefits     376       -  
Benefits paid     (3,627 )     (1,730 )
Benefit obligation at end of year     33,701       30,249  
CHANGE IN PLAN ASSETS:                
Fair value of plan assets at beginning of year     26,288       21,368  
Actual return on plan assets     2,056       3,850  
Employer contributions     2,650       2,800  
Benefits paid     (3,627 )     (1,730 )
Fair value of plan assets at end of year     27,367       26,288  
Funded status of the plan - under funded   $ (6,334 )   $ (3,961 )
Schedule of Amounts Not Yet Recognized as a Component of Net Periodic Pension Cost
YEAR ENDED DECEMBER 31,
2014 2013  
(IN THOUSANDS)
AMOUNTS NOT YET RECOGNIZED AS A COMPONENT OF NET PERIODIC PENSION COST:
Amounts recognized in accumulated other comprehensive loss consists of:        
Prior service cost   $ -     $ (19 )
Net actuarial loss     12,596       10,107  
Total   $ 12,596     $ 10,088  
Schedule of Accumulated Benefit Obligation
YEAR ENDED DECEMBER 31,
2014 2013  
(IN THOUSANDS)
ACCUMULATED BENEFIT OBLIGATION:
Accumulated benefit obligation   $ 30,914     $ 27,566  
Schedule of Weighted Average Assumptions Used to Determine Benefit Obligations
YEAR ENDED DECEMBER 31,
2014   2013  
WEIGHTED AVERAGE ASSUMPTIONS:          
Discount rate 4.00 %     4.50 %
Salary scale     2.50       2.50  
Schedule of Components of Net Periodic Benefit Cost
YEAR ENDED DECEMBER 31,
2014 2013     2012  
(IN THOUSANDS)
COMPONENTS OF NET PERIODIC BENEFIT COST:                
Service cost   $ 1,601     $ 1,703     $ 1,593  
Interest cost     1,368       1,189       1,234  
Expected return on plan assets     (1,991 )     (1,775 )     (1,656 )
Amortization of prior year service cost     (19 )     (19 )     (19 )
Amortization of transition asset     -       (8 )     (17 )
Special termination benefit liability     376       -       -  
Recognized net actuarial loss     1,181       1,375       1,094  
Net periodic pension cost   $ 2,516     $ 2,465     $ 2,229  
Schedule of Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss)
YEAR ENDED DECEMBER 31,
2014 2013     2012  
(IN THOUSANDS)
OTHER CHANGES IN PLAN ASSETS AND BENEFIT OBLIGATIONS RECOGNIZED IN OTHER COMPREHENSIVE LOSS                
Net (gain) loss   $ 3,669     $ (2,832 )   $ 2,376  
Recognized loss     (1,181 )     (1,375 )     (1,094 )
Recognized prior service cost     19       19       19  
Recognized net initial asset     -       8       17  
Total  recognized in other comprehensive loss before tax effect   $ 2,507     $ (4,180 )   $ 1,318  
Total recognized in net benefit cost and other comprehensive loss before tax effect   $ 5,023     $ (1,715 )   $ 3,547  
Schedule of Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost
YEAR ENDED DECEMBER 31,
2014   2013     2012  
WEIGHTED AVERAGE ASSUMPTIONS:                  
Discount rate 4.50 %     4.00 %     4.75 %
Expected return on plan assets     8.00       8.00       8.00  
Rate of compensation increase     2.50       2.50       2.50  
Schedule of Plan's Asset Allocations
2014     2013  
ASSET CATEGORY:            
Cash and cash equivalents 2 %     - %
Domestic equities 10       10  
Mutual funds/ETFs     80       79  
International equities     3       6  
Corporate bonds     5       5  
Total     100 %     100 %
Schedule of Assets Measured at Fair Value
YEAR ENDED DECEMBER 31,
2014 2013  
(IN THOUSANDS)
Level 1:
Cash and cash equivalents   $ 639     $  
Domestic equities     2,753       2,741  
International equities     851       1,478  
Mutual funds/ETFs     21,782       20,744  
Level 2:                
Corporate bonds     1,342       1,325  
Total fair value of plan assets   $ 27,367     $ 26,288  
Schedule of Estimated Future Benefit Payments
YEAR: ESTIMATED FUTURE  BENEFIT PAYMENTS  
(IN THOUSANDS)  
2015 $ 1,939  
2016   2,472  
2017     2,752  
2018     2,434  
2019     2,573  
Years 2020 - 2024     16,419