XML 51 R43.htm IDEA: XBRL DOCUMENT v2.4.1.9
EMPLOYEE RELATED LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2014
Postretirement Medical Plan [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Periodic Benefit Cost
   
Year ended
December 31,
2014
   
Year ended
December 31,
2013
   
Year ended
December 31,
2012
 
Net periodic benefit cost
             
Service cost
  $ 24     $ 32     $ 146  
Interest cost
    118       126       399  
Expected return on the plan's assets
    --       --       --  
Amortization of transition obligation (asset)
    --       --       --  
Amortization of prior service costs
    (1,737)       (1,703 )     (244
Amortization of net (gain) or loss
    (227)       (132 )     --  
Total net periodic benefit cost
  $ (1,822)     $ (1,677 )   $ 301  
Schedule of Amounts Recognized in Other Comprehensive Income
Other changes in plan assets and benefits obligations recognized in other comprehensive income:
 
Prior service cost for the period
$ --    $ (91 )   $ (3,851 )
Net (gain) or loss for the period
  558      (668 )     (1,355 )
Amortization of transition obligation (asset)
  --      --       --  
Amortization of prior service costs
  1,737      1,703       244  
Amortization of net gain or (loss)
  227      132       --  
Total recognized in other comprehensive income (expense)
$ 2,522    $ 1,076     $ (4,962 )
Total recognized in net periodic benefit cost and other comprehensive income
$ 700    $        (601 )   $   (4,661 )
Schedule of Impact of One-Percentage-Point Change in Assumed Health Care Cost
      Increase     Decrease  
 
Effect on service cost and interest cost
  $ 10     $ (8)  
 
Effect on postretirement benefit obligation
  $ 254     $ (198)  
Schedule of changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status

   
Year ended
December 31,
2014
   
Year ended
December 31,
2013
   
Year ended
December 31,
2012
 
Change in benefit obligation:
             
Benefit obligation at beginning of period
  $ 2,317     $ 2,995     $ 7,749  
Service cost
    24       32       146  
Interest cost
    118       126       399  
Benefits paid
    (40)       (77 )     (93 )
Change in plan provisions
    -       (91 )     (3,851 )
Actuarial gain
    558       (668 )     (1,355 )
Benefit obligation end of period
  $ 2,977     $ 2,317     $ 2,995  
Change in plan assets:
                       
Fair value of plan assets at beginning of period
  $ --     $ --     $ --  
Actual return on plan assets
    --       --       --  
Employer contribution
    40       77       93  
Benefits paid
    (40)       (77 )     (93 )
Fair value of plan assets at end of period
  $ --     $ --     $ --  
Funded status
  $ (2,977)     $ (2,317 )   $ (2,995 )
Schedule of Amounts Recognized in Statement of Financial Position
   
As of
December 31,
2014
   
As of
December 31,
2013
   
As of
December 31,
2012
 
Amounts recognized in statement of financial position:
 
Non-current assets
  $ --     $ --     $ --  
Current liabilities
    (83)       (89 )     (132 )
Non-current liabilities
    (2,894)       (2,228 )     (2,863 )
Net amount recognized
  $ (2,977)     $ (2,317 )   $ (2,995 )
Weighted average assumptions used:
 
Discount rate
    4.30 %     5.20 %     4.30 %
Rate of compensation increases
    N/A       N/A       N/A  
Assumed health care cost trend rates:
 
Health care cost trend rate assumed for next year
(Pre 65/ Post 65)
    7.00/20.00 %     7.75/25.00 %     8.25/35.00 %
Ultimate rate (Pre 65/ Post 65)
    4.50/5.00 %     5.00/5.00 %     5.00/5.00 %
Year the ultimate rate is reached (Pre 65/ Post 65)
    2025/2022       2022/2022       2022/2022  

Schedule of Future Benefit Payments
Fiscal Year
   
Other Benefits
2015
    $ 83  
2016
      76  
2017
      96  
2018
      114  
2019
      125  
2020 - 2024     $ 699  
Schedule of Weighted Average Assumptions Used
 
Weighted average assumptions used:
 
Discount rate
  5.20 %     4.30 %     5.20 %
Expected return on plan assets
  N/A       N/A       N/A  
Rate of compensation increases
    N/A       N/A       N/A  
Schedule of Health Care Cost Trend Rates
Assumed health care cost trend rates:
Health care cost trend rate assumed for current year (Pre-65/Post-65)
    7.75/25.00 %     8.25/35.00 %     8.25/35.00 %
Ultimate rate (Pre-65/Post-65)
    5.00/5.00 %     5.00/5.00 %     5.00/5.00 %
Year the ultimate rate is reached (Pre-65/Post-65)
    2022/2022       2022/2022       2022/2022  
Measurement date
 
    December 31, 2014
   
 December 31, 2013
   
 December 31, 2012
Pension Plan [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Periodic Benefit Cost
   
Year ended
December 31,
2014
   
Year ended
December 31,
2013
   
Year ended
December 31,
2012
 
Net periodic benefit cost
             
Service cost
  $ --     $ --     $ --  
Interest cost
    796       732       761  
Expected return on plan assets
    (1,257)       (948 )     (817 )
Amortization of transition obligation(asset)
    --       --       --  
Amortization of prior service costs
    3       --       --  
Amortization of net (gain) or loss
    --       97       70  
Total net periodic benefit cost
  $ (458)     $ (119 )   $ 14  
Schedule of Amounts Recognized in Other Comprehensive Income
Other changes in plan assets and benefits obligations recognized in other comprehensive income
                       
Prior service cost for the period
  $ --     $ 93     $ --  
Net (gain) or loss for the period
    3,117       (4,696 )     1,000  
Amortization of transition obligation (asset)
    --       --       --  
Amortization of prior service costs
    (3)       --       --  
Amortization of net gain or (loss)
    --       (97 )     (70 )
Total recognized in other comprehensive income (expense)
  $ 3,114     $ (4,700 )   $ 930  
Total recognized in net periodic benefit cost and other comprehensive income (expense)
  $ 2,656     $ (4,819 )   $ 944  
Schedule of Estimated Amounts in Accumulated Other Comprehensive Income to be Recognized over the Next Fiscal Year

   
Year ended
December 31,
2014
   
Year ended
December 31,
2013
   
Year ended
December 31,
2012
 
Estimated amounts that will be amortized from accumulated other comprehensive income in
the next fiscal year ending :
 
Transition obligation (asset)
  $ --     $ --     $ --  
Prior service cost
    3       3       --  
Net actuarial (gain) or loss
  $ 31     $ --     $ 97  
Schedule of changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status
   
Year ended
December 31,
2014
   
Year ended
December 31,
2013
   
Year ended
December 31,
2012
 
Change in benefit obligation:
             
Benefit obligation at beginning of period
  $ 15,873     $ 17,272     $ 15,134  
Service cost
    --       --       --  
Interest cost
    796       732       761  
Benefits paid
    (532)       (437 )     (293 )
Change in plan provisions
    --       93       --  
Actuarial loss (gain)
    3,167       (1,787 )     1,670  
Benefit obligation end of period
  $ 19,304     $ 15,873     $ 17,272  
Change in plan assets
                       
Fair value of plan assets at beginning of period
  $ 16,652     $ 12,543     $ 10,842  
Actual return on plan assets
    1,307       3,857       1,488  
Employer contribution
    709       689       506  
Benefits paid
    (532)       (437 )     (293 )
Fair value of plan assets at end of period
  $ 18,134     $ 16,652     $ 12,543  
Funded status
  $ (1,170)     $ 779     $ (4,729 )
Accumulated benefit obligation
  $ 19,304     $ 15,873     $ 17,272  
Schedule of Amounts Recognized in Statement of Financial Position
Amounts recognized in statement of financial position
Non-current assets
  $ --     $ 779     $ --
Current liabilities
    --       --       --
Non-current liabilities
    (1,170)       --       (4,729)
Net amount recognized
  $ (1,170)     $ 779     $   (4,729)
Weighted average assumptions used
Discount rate
    4.20 %     5.10 %     4.30%
Rate of compensation increases
    N/A       N/A       N/A

Schedule of Future Benefit Payments
Fiscal Year
   
Other Benefits
2015
    $ 600  
2016
      670  
2017
      743  
2018
      809  
2019
      864  
2020 - 2024     $ 5,150  
Schedule of Weighted Average Assumptions Used
Weighted average assumptions used:
                       
Discount rate
    5.10 %     4.30 %     5.10 %
Expected return on plan assets
    7.50 %     7.50 %     7.50 %
Rate of compensation increases
    N/A       N/A       N/A  
Schedule of Weighted Average Asset Allocations
Asset Category:
 
December 31, 2014
   
Target allocation 2015
 
Equity securities
    60 %     60 %
Debt securities
    40 %     40 %
Total
    100 %     100 %
Schedule of Assets Measured at Fair Value on a Recurring Basis

The Plan's assets measured at fair value on a recurring basis consisted of the following as of as of December 31, 2014:

   
Level 1
   
Level 2
   
Level 3
 
Investments in Mutual Funds
  $ --     $ 18,134     $ --  
Total plan assets at fair value
  $ --     $ 18,134     $ --  
 
The Plan's assets measured at fair value on a recurring basis consisted of the following as of as of December 31, 2013:

   
Level 1
   
Level 2
   
Level 3
 
Investments in Mutual Funds
  $ --     $ 16,652     $ --  
Total plan assets at fair value
  $ --     $ 16,652     $ --