XML 50 R44.htm IDEA: XBRL DOCUMENT v2.4.0.6

Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2012

Employee Benefit Plans [Abstract]

Components of pension (income) expense

The following table details the components of pension (income) expense (in thousands):

		Year ended December 31,
		2012				2011
Service cost		$	25			$	36
Interest cost on projected benefit obligation			1,870				2,068
Net amortizations and deferrals			842				585
Expected return on plan assets			(2,430	)			(2,554	)
		$	307			$	135

Summaries of changes in benefit obligations and plan assets and of funded status of Pension Plans

The following are summaries of the changes in the benefit obligations and plan assets and of the funded status of the Pension Plans (in thousands):

		December 31,
		2012				2011
Change in benefit obligation:
Benefit obligation at beginning of year		$	44,144			$	42,094
Service cost			25				36
Interest cost			1,870				2,068
Actuarial loss			2,780				3,041
Benefits paid			(3,258	)			(3,095	)
Benefit obligation at end of year		$	45,561			$	44,144
Change in plan assets:
Fair value of plan assets at beginning of year		$	32,420			$	34,364
Actual return on plan assets			4,307				398
Company contributions			1,598				753
Benefits paid			(3,258	)			(3,095	)
Fair value of plan assets at end of year		$	35,067			$	32,420
Underfunded status of the plans		$	(10,494	)		$	(11,724	)
Balance sheet assets (liabilities):
Other assets		$	0			$	0
Accrued liabilities			0				0
Other liabilities			(10,494	)			(11,724	)
Net amount recognized		$	(10,494	)		$	(11,724	)
Pension plans with accumulated benefit obligation in excess of plan assets:
Projected benefit obligation		$	45,561			$	44,144
Accumulated benefit obligation			45,543				44,121
Fair value of plan assets			35,067				32,420
Projected benefit obligation and net periodic pension cost assumptions:
Discount rate			3.80	%			4.40	%
Rate of compensation increase			4.00				4.00
Expected long-term rate of return on plan assets			7.75				7.75
Weighted average asset allocation:
Equity securities			58	%			61	%
Debt securities			42				39
Total			100	%			100	%

Summary of fair values of pension plan assets

The fair values of our pension plan assets as of December 31, 2012, are as follows (in thousands):

		Quoted Prices In Active Markets (Level 1)				Significant Other Observable Inputs (Level 2)
Asset categories:
Cash and cash equivalents		$	879			$	0
Equity investments:
U.S. Large Cap			13,441				0
U.S. Mid Cap			1,444				0
U.S. Small Cap			711				0
World Equity			2,933				0
Real estate			895				0
Other			756				0
Fixed income securities			4,389				9,619
Total Plan Assets		$	25,448			$	9,619

Schedule benefits expected to be paid

At December 31, 2012, the benefits expected to be paid in each of the next five fiscal years, and in aggregate for the five fiscal years thereafter are as follows (in thousands):

2013		$	3,243
2014			3,230
2015			3,218
2016			3,228
2017			3,200
2018-2022			15,090
		$	31,209

X

- Details

Name:	us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall.

+ 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 (d)(5)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAllocationOfPlanAssetsTableTextBlock
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=21915506&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ 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 (h)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of net funded status of pension plans and/or other employee benefit plans.

+ 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 (c)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetFundedStatusTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration