XML 67 R20.htm IDEA: XBRL DOCUMENT v3.3.1.900
Retirement Plan
12 Months Ended
Dec. 31, 2015
Postemployment Benefits [Abstract]  
Retirement Plan

NOTE 12. RETIREMENT PLAN

The Company has a defined contribution savings plan, which qualifies as a deferred salary arrangement under Section 401(k) of the Internal Revenue Code, or IRC. The 401(k) Plan is for the benefit of all participating employees and permits voluntary contributions by employees up to 100% of their annual pre-tax compensation limited by the Internal Revenue Service, or the IRS, imposed maximum contribution. The Company matches 100% of the first 3% of employee contributions and 50% of the next 2% of employee contributions. The Company’s contributions and the employee contributions are fully vested when contributed. The plan assets are held in trust and invested as directed by the plan participants. Employer matching contributions to the plan were $3.5 million, $2.7 million, and $1.9 million for the years ended December 31, 2015, 2014, and 2013, respectively.