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EMPLOYEE RELATED LIABILITIES (Tables) | 12 Months Ended
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Dec. 31, 2018
Postretirement Medicare Plan [Member] |
Defined Benefit Plan Disclosure [Line Items] |
Schedule of Net Periodic Benefit Cost | The components of the net periodic benefit cost and other amounts recognized in other comprehensive income for post-retirement medical plan expense are as follows:
|  | Year ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Net periodic benefit cost: |  |  |  |  |  |  |  |  |
Service cost |  | $ | 10 |  |  | $ | 9 |  |  | $ | 12 |
Interest cost |  |  | 73 |  |  |  | 69 |  |  |  | 85 |
Amortization of prior service costs |  |  | -- |  |  |  | -- |  |  |  | (12 | )
Amortization of net loss (gain) |  |  | (262 | ) |  |  | (361 | ) |  |  | (333 | )
Total net periodic benefit cost |  | $ | (179 | ) |  | $ | (283 | ) |  | $ | (248 | )
Other changes in plan assets and benefits obligations recognized in other comprehensive income: |
Prior service cost for the period |  | $ | -- |  |  | $ | -- |  |  | $ | -- |
Net loss (gain) for the period |  |  | (376 | ) |  |  | 317 |  |  |  | (316 | )
Amortization of prior service costs |  |  | -- |  |  |  | -- |  |  |  | 12 |
Amortization of net gain (loss) |  |  | 262 |  |  |  | 361 |  |  |  | 333 |
Total recognized in other comprehensive income (loss) |  | $ | (114 | ) |  | $ | 678 |  |  | $ | 29 |
Total recognized in net periodic benefit cost and other comprehensive income (loss) |  | $ | (293 | ) |  | $ | 395 |  |  | $ | (219 | )
Weighted average assumptions used: |
Discount rate |  |  | 3.80 | % |  |  | 4.50 | % |  |  | 4.80 | %
Expected return on plan assets |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Rate of compensation increases |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Assumed health care cost trend rates: |
Health care cost trend rate assumed for current year (Pre-65/Post-65) |  |  | 8.30%/11.10 | % |  |  | 7.20%/10.00 | % |  |  | 6.75%/10.00 | %
Ultimate rate (Pre-65/Post-65) |  |  | 4.50%/4.50 | % |  |  | 4.50%/4.50 | % |  |  | 4.50%/5.00 | %
Year the ultimate rate is reached (Pre-65/Post-65) |  |  | 2027/2027 |  |  |  | 2025/2025 |  |  |  | 2025/2022 |
Measurement date |  | December 31, 2018 |  |  | December 31, 2017 |  |  | December 31, 2016 |
Schedule of Impact of One-Percentage-Point Change in Assumed Health Care Cost | Impact of one-percentage point change in assumed health care cost trend rates as of December 31, 2018:
|  | Increase |  |  | Decrease |
Effect on service cost and interest cost |  | $ | 4 |  |  | $ | (3 | )
Effect on post-retirement benefit obligation |  | $ | 40 |  |  | $ | (32 | )
Schedule of changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status | The components of the change in benefit obligation, change in plan assets and funded status for post-retirement medical plan are as follows:
|  | Year ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Change in medical plan related benefit obligation: |  |  |  |  |  |  |  |  |
Medical plan related benefit obligation at beginning of period |  | $ | 1,936 |  |  | $ | 1,550 |  |  | $ | 1,781 |
Service cost |  |  | 10 |  |  |  | 9 |  |  |  | 12 |
Interest cost |  |  | 73 |  |  |  | 69 |  |  |  | 85 |
Benefits paid |  |  | (15 | ) |  |  | (9 | ) |  |  | (12 | )
Change in medical plan provisions |  |  | -- |  |  |  | -- |  |  |  | -- |
Actuarial loss (gain) |  |  | (376 | ) |  |  | 317 |  |  |  | (316 | )
Benefit medical plan related obligation end of period |  | $ | 1,628 |  |  | $ | 1,936 |  |  | $ | 1,550 |
Change in plan assets: |  |  |  |  |  |  |  |  |  |  |  |
Fair value of plan assets at beginning of period |  | $ | -- |  |  | $ | -- |  |  | $ | -- |
Employer contribution |  |  | 15 |  |  |  | 9 |  |  |  | 12 |
Benefits paid |  |  | (15 | ) |  |  | (9 | ) |  |  | (12 | )
Fair value of plan assets at end of period |  | $ | -- |  |  | $ | -- |  |  | $ | -- |
Medical plan related net funding |  | $ | (1,628 | ) |  | $ | (1,936 | ) |  | $ | (1,550 | )
|  | As of December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Amounts recognized in statement of financial position: |
Current liabilities |  | $ | (65 | ) |  | $ | (58 | ) |  | $ | (37 | )
Non-current liabilities |  |  | (1,563 | ) |  |  | (1,878 | ) |  |  | (1,513 | )
Net amount recognized |  | $ | (1,628 | ) |  | $ | (1,936 | ) |  | $ | (1,550 | )
Weighted average assumptions used: |
Discount rate |  |  | 4.50 | % |  |  | 3.80 | % |  |  | 4.50 | %
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 Medicare Advantage) |  |  | 6.90%/13.10 | % |  |  | 8.30%/11.10 | % |  |  | 7.20%/10.00 | %
Health care cost trend rate assumed for next year (pre 65/ post 65 Non Medicare Advantage) |  |  | 6.90%/7.90 | % |  |  | 8.30%/11.10 | % |  |  | 7.20%/10.00 | %
Ultimate rate (pre 65/ post 65) |  |  | 4.50%/4.50 | % |  |  | 4.50%/4.50 | % |  |  | 4.50%/4.50 | %
Year the ultimate rate is reached (pre 65/ post 65) |  |  | 2029/2029 |  |  |  | 2027/2027 |  |  |  | 2025/2025 |
Schedule of Future Benefit Payments | The following benefit payments are expected to be paid in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter:
Fiscal Year |  | Other Benefits |
2019 |  | $ | 65 |
2020 |  |  | 64 |
2021 |  |  | 68 |
2022 |  |  | 66 |
2023 |  |  | 64 |
2024-2028 |  | $ | 395 |
Pension Plan [Member] |
Defined Benefit Plan Disclosure [Line Items] |
Schedule of Net Periodic Benefit Cost | The components of the change in benefit obligation, the change in plan assets and funded status for Jazz’s pension plan are as follows:
|  | Year ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Net periodic benefit cost: |  |  |  |  |  |  |  |  |
Interest cost |  | $ | 749 |  |  | $ | 831 |  |  | $ | 841 |
Expected return on plan assets |  |  | (1,427 | ) |  |  | (1,236 | ) |  |  | (1,154 | )
Amortization of prior service costs |  |  | 3 |  |  |  | 3 |  |  |  | 3 |
Amortization of net loss (gain) |  |  | -- |  |  |  | 55 |  |  |  | 34 |
Total net periodic benefit cost |  | $ | (675 | ) |  | $ | (347 | ) |  | $ | (276 | )
Other changes in plan assets and benefits obligations recognized in other comprehensive income: |
Prior service cost for the period |  | $ | -- |  |  | $ | -- |  |  | $ | -- |
Net loss (gain) for the period |  |  | (231 | ) |  |  | (1,303 | ) |  |  | 736 |
Amortization of prior service costs |  |  | (3 | ) |  |  | (3 | ) |  |  | (3 | )
Amortization of net gain (loss) |  |  | -- |  |  |  | (55 | ) |  |  | (34 | )
Total recognized in other comprehensive income (loss) |  | $ | (234 | ) |  | $ | (1,361 | ) |  | $ | 699 |
Total recognized in net periodic benefit cost and other comprehensive income (loss) |  | $ | (909 | ) |  | $ | (1,708 | ) |  | $ | 423 |
Weighted average assumptions used: |  |  |  |  |  |  |  |  |
Discount rate |  |  | 3.70 | % |  |  | 4.30 | % |  |  | 4.60 | %
Expected return on plan assets |  |  | 6.20 | % |  |  | 6.20 | % |  |  | 6.20 | %
Rate of compensation increases |  |  | N/A |  |  |  | N/A |  |  |  | N/A
Schedule of Estimated Amounts in Accumulated Other Comprehensive Income to be Recognized over the Next Fiscal Year |
Year ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Estimated amounts that will be amortized from accumulated other comprehensive income in the next fiscal year ending: |  |  |  |  |  |  |  |  |  |  |  |
Prior service cost |  | $ | 3 |  |  | $ | 3 |  |  | $ | 3 |
Net actuarial loss |  | $ | -- |  |  | $ | -- |  |  | $ | 54 |
Schedule of changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status | The components of the change in benefit obligation, change in plan assets and funded status for Jazz’s pension plan are as follows:
|  | Year ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Change in benefit obligation: |  |  |  |  |  |  |  |  |
Benefit obligation at beginning of period |  | $ | 20,629 |  |  | $ | 19,672 |  |  | $ | 18,605 |
Interest cost |  |  | 749 |  |  |  | 831 |  |  |  | 841 |
Benefits paid |  |  | (607 | ) |  |  | (548 | ) |  |  | (496 | )
Change in plan provisions |  |  | -- |  |  |  | -- |  |  |  | -- |
Actuarial loss (gain) |  |  | (1,792 | ) |  |  | 674 |  |  |  | 722 |
Benefit obligation end of period |  | $ | 18,979 |  |  | $ | 20,629 |  |  | $ | 19,672 |
Change in plan assets: |  |  |  |  |  |  |  |  |  |  |  |
Fair value of plan assets at beginning of period |  | $ | 23,235 |  |  | $ | 19,871 |  |  | $ | 18,526 |
Actual return on plan assets |  |  | (133 | ) |  |  | 3,212 |  |  |  | 1,141 |
Employer contribution |  |  | 175 |  |  |  | 700 |  |  |  | 700 |
Benefits paid |  |  | (607 | ) |  |  | (548 | ) |  |  | (496 | )
Fair value of plan assets at end of period |  | $ | 22,670 |  |  | $ | 23,235 |  |  | $ | 19,871 |
Funded status |  | $ | 3,691 |  |  | $ | 2,606 |  |  | $ | 199 |
Amounts recognized in statement of financial position: |
Non-current assets |  | $ | 3,691 |  |  | $ | 2,606 |  |  | $ | 199 |
Non-current liabilities |  |  | -- |  |  |  | -- |  |  |  | -- |
Net amount recognized |  | $ | 3,691 |  |  | $ | 2,606 |  |  | $ | 199 |
Weighted average assumptions used: |
Discount rate |  |  | 4.40 | % |  |  | 3.70 | % |  |  | 4.30 | %
Rate of compensation increases |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Schedule of Future Benefit Payments | The following benefit payments are expected to be paid in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter:
Fiscal Year |  | Other Benefits |
2019 |  | $ | 823 |
2020 |  |  | 922 |
2021 |  |  | 988 |
2022 |  |  | 1,055 |
2023 |  |  | 1,118 |
2024-2028 |  | $ | 6,044 |
Schedule of Weighted Average Asset Allocations | Jazz’s pension plan weighted average asset allocations on December 31, 2018, by asset category are as follows:
Asset Category |  | December 31, 2018 |  |  | Target allocation 2019 |
Equity securities |  |  | 19 | % |  |  | 20 | %
Debt securities |  |  | 81 | % |  |  | 80 | %
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 December 31, 2018:
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Investments in mutual funds |  | $ | -- |  |  | $ | 22,669 |  |  | $ | -- |
Total plan assets at fair value |  | $ | -- |  |  | $ | 22,669 |  |  | $ | -- |
The plan’s assets measured at fair value on a recurring basis consisted of the following as of as of December 31, 2017:
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Investments in mutual funds |  | $ | - |  |  | $ | 23,235 |  |  | $ | - |
Total plan assets at fair value |  | $ | - |  |  | $ | 23,235 |  |  | $ | - |

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