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Employee Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2017
Compensation and Retirement Disclosure [Abstract]  
Schedule of status of defined benefit pension plans
The status of the defined benefit pension plans at year-end was as follows:
 
 
Year Ended December 31,
In thousands
 
2017
 
2016
Change in benefit obligation
 
 

 
 

Benefit obligation at beginning of year
 
$
179,247

 
$
178,715

Interest cost
 
7,347

 
7,802

Actuarial (gain) loss
 
10,121

 
2,127

Benefits paid
 
(9,679
)
 
(9,397
)
Benefit obligation at end of year
 
$
187,036

 
$
179,247

 
 
 
 
 
Change in plan assets
 
 

 
 

Fair value of plan assets at beginning of year
 
116,725

 
121,682

Actual return on plan assets
 
17,292

 
2,883

Contributions
 
1,675

 
1,557

Benefits paid
 
(9,679
)
 
(9,397
)
Fair value of plan assets at end of year
 
$
126,013

 
$
116,725

 
 
 
 
 
Funded status at end of year
 
$
(61,023
)
 
$
(62,522
)
Schedule of amounts recognized in the Consolidated Balance Sheets
The following amounts have been recognized in the Consolidated Balance Sheets at December 31:
In thousands
 
2017
 
2016
Other current liabilities
 
$
1,685

 
$
1,686

Pensions
 
59,338

 
60,836

Total
 
$
61,023

 
$
62,522
Schedule of amounts recognized in accumulated other comprehensive loss
The following amounts have been recognized in accumulated other comprehensive loss, net of tax, at December 31:
In thousands
 
2017
 
2016
Net loss
 
$
45,418

 
$
46,977
Schedule of accumulated benefit obligation in excess of plan assets
The following information is presented for pension plans with an accumulated benefit obligation in excess of plan assets:
In thousands
 
2017
 
2016
Projected benefit obligation
 
$
187,036

 
$
179,247

Accumulated benefit obligation
 
$
187,036

 
$
179,247

Fair value of plan assets
 
$
126,013

 
$
116,725
Schedule of net periodic benefit cost and other amounts recognized in other comprehensive income (loss)
The following table presents the components of net periodic benefit cost and other amounts recognized in other comprehensive income (loss) for both plans:
 
 
Year Ended December 31,
In thousands
 
2017
 
2016
 
2015
Net Periodic Benefit Cost (Pre-Tax)
 
 

 
 

 
 

Interest cost
 
7,347

 
7,802

 
7,724

Expected return on plan assets
 
(7,328
)
 
(8,245
)
 
(8,637
)
Recognized actuarial loss
 
2,754

 
2,386

 
6,228

Net periodic benefit cost
 
$
2,773

 
$
1,943

 
$
5,315

 
 
 
 
 
 
 
Amounts Recognized in Other Comprehensive Income (Loss) (Pre-Tax)
 
 

 
 

 
 

Net (gain) loss
 
$
(2,597
)
 
$
5,103

 
$
(9,408
)
 
 
 
 
 
 
 
Net (benefit) cost recognized in net periodic benefit cost and other comprehensive (income) loss
 
$
176

 
$
7,046

 
$
(4,093
)
Schedule of weighted-average assumptions used for measurement of the defined pension plans
The weighted-average assumptions used for measurement of the defined pension plans were as follows:
 
 
Year Ended December 31,
 
 
2017
 
2016
 
2015
Weighted-average assumptions used to determine net periodic benefit cost
 
 

 
 

 
 

Discount rate
 
4.21
%
 
4.49
%
 
4.13
%
Expected return on plan assets
 
6.50
%
 
7.00
%
 
7.00
%
 
 
December 31,
 
 
2017
 
2016
Weighted-average assumptions used to determine benefit obligations
 
 

 
 

Discount rate
 
3.67
%
 
4.21
%
Schedule of funded pension plan assets by asset category
The funded pension plan assets as of December 31, 2017 and 2016, by asset category, are as follows:
In thousands 
 
2017
 
%
 
2016
 
%
Equity securities
 
$
80,191

 
64
%
 
$
61,254

 
52
%
Debt securities
 
20,481

 
16
%
 
21,940

 
19
%
Other
 
25,341

 
20
%
 
33,531

 
29
%
Total plan assets
 
$
126,013

 
100
%
 
$
116,725

 
100
%
Schedule of fair value of plan assets
The following tables present the fair value measurements of the assets in our funded pension plan:
In thousands
 
December 31,
2017
 
Quoted Prices 
in Active Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Equity securities
 
$
80,191

 
$
80,191

 
$
—

 
$
—

Debt securities
 
20,481

 
20,481

 
—

 
—

Total investments, excluding investments valued at NAV
 
100,672

 
100,672

 
—

 
—

Investments valued at NAV (1)
 
25,341

 
—

 
 
 
—

Total plan assets
 
$
126,013

 
$
100,672

 
$
—

 
$
—

In thousands
 
December 31,
2016
 
Quoted Prices 
in Active Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Equity securities
 
$
61,254

 
$
61,254

 
$
—

 
$
—

Debt securities
 
21,940

 
21,940

 
—

 
—

Total investments, excluding investments valued at NAV
 
83,194

 
83,194

 
—

 
—

Investments valued at NAV (1)
 
33,531

 
—

 
—

 
—

Total plan assets
 
$
116,725

 
$
83,194

 
$
—

 
$
—
Schedule of investment mix, which is intended to subject the principal to an acceptable level of volatility while still meeting the desired return objectives
The policy establishes the following investment mix, which is intended to subject the principal to an acceptable level of volatility while still meeting the desired return objectives:
 
 
Target
 
Acceptable Range
 
Benchmark Index
Domestic Equities
 
50.0
%
 
35
%
 -
75%
 
S&P 500
Large Cap Growth
 
22.5
%
 
15
%
 -
30%
 
Russell 1000 Growth
Large Cap Value
 
22.5
%
 
15
%
 -
30%
 
Russell 1000 Value
Mid Cap Value
 
5.0
%
 
5
%
 -
15%
 
Russell Mid Cap Value
Mid Cap Growth
 
0.0
%
 
0
%
 -
10%
 
Russell Mid Cap Growth
 
 
 
 
 
 
 
 
 
Domestic Fixed Income
 
35.0
%
 
15
%
 -
50%
 
LB Aggregate
International Equities
 
15.0
%
 
10
%
 -
25%
 
MSC1 EAFE
Schedule of expected future pension benefit payments
The expected future benefit payments for both pension plans over the next ten years as of December 31, 2017 are as follows:
In thousands
 
 
2018
 
$
9,922

2019
 
9,977

2020
 
10,221

2021
 
10,476

2022
 
10,855

2023-2027
 
57,001

Total
 
$
108,452