XML 57 R42.htm IDEA: XBRL DOCUMENT v3.10.0.1
Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2018
Compensation And Retirement Disclosure [Abstract]  
Changes in Accumulated Benefit Obligation and Fair Value of Qualified Trust Assets (Pension Plan only) and Statement of Funded (Unfunded) Status for Pension Plan and PRB Plan

The following table provides a reconciliation of changes in the accumulated benefit obligations and fair value of qualified trust assets (Pension Plan only) and a statement of funded (unfunded) status for the Pension Plan and the PRB Plan as of and for the periods stated.

 

 

 

Pension Plan

 

 

PRB Plan

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Change in benefit obligation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Benefit obligation, beginning of year

 

$

3,273

 

 

$

3,398

 

 

$

457

 

 

$

540

 

Service cost

 

 

 

 

 

 

 

 

3

 

 

 

22

 

Interest cost

 

 

94

 

 

 

121

 

 

 

5

 

 

 

21

 

Actuarial (gain) loss

 

 

(694

)

 

 

323

 

 

 

(36

)

 

 

(120

)

Benefit payments

 

 

(1,295

)

 

 

(581

)

 

 

(6

)

 

 

(6

)

Curtailment/termination (gain)

 

 

 

 

 

 

 

 

(352

)

 

 

 

Settlement loss

 

 

221

 

 

 

12

 

 

 

 

 

 

 

Benefit obligation, end of year

 

 

1,599

 

 

 

3,273

 

 

 

71

 

 

 

457

 

Change in plan assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value of plan assets, beginning of year

 

 

2,465

 

 

 

2,690

 

 

 

 

 

 

 

Actual (loss) return on plan assets

 

 

(54

)

 

 

356

 

 

 

 

 

 

 

Employer contributions

 

 

 

 

 

 

 

 

6

 

 

 

6

 

Benefits payments

 

 

(1,295

)

 

 

(581

)

 

 

(6

)

 

 

(6

)

Fair value of plan assets, end of year

 

 

1,116

 

 

 

2,465

 

 

 

 

 

 

 

(Unfunded) funded status, end of year

 

$

(483

)

 

$

(808

)

 

$

(71

)

 

$

(457

)

 

Amounts Recognized in Accumulated Other Comprehensive Loss (Income)

 

 

 

Pension Plan

 

 

PRB Plan

 

 

 

Year Ended December 31,

 

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Amounts recognized in accumulated other comprehensive loss (income)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss (gain)

 

$

447

 

 

$

1,187

 

 

$

(354

)

 

$

(344

)

Prior service cost

 

 

 

 

 

 

 

 

 

 

 

 

Net obligation at transition

 

 

 

 

 

 

 

 

 

 

 

 

Amount recognized

 

$

447

 

 

$

1,187

 

 

$

(354

)

 

$

(344

)

 

Components of Net Periodic Benefit Cost (Gain)

Components of net periodic benefit cost (gain)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

 

 

$

 

 

$

3

 

 

$

22

 

Interest cost

 

 

94

 

 

 

121

 

 

 

5

 

 

 

21

 

Expected return on plan assets

 

 

(153

)

 

 

(167

)

 

 

 

 

 

 

Amortization of prior service cost

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of net obligation at transition

 

 

 

 

 

 

 

 

(26

)

 

 

(11

)

Curtailment/termination gain

 

 

 

 

 

 

 

 

(352

)

 

 

 

Recognized net loss due to settlement

 

 

422

 

 

 

195

 

 

 

 

 

 

 

Recognized net actuarial loss

 

 

51

 

 

 

81

 

 

 

 

 

 

 

Net periodic benefit cost (gain)

 

 

414

 

 

 

230

 

 

 

(370

)

 

 

32

 

 

Other Changes in Plan Assets and Benefit Obligations Recognized in Accumulated Other Comprehensive (Income) Loss

Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive (income) loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net gain

 

 

(739

)

 

 

(130

)

 

 

(10

)

 

 

(109

)

Amortization of prior service cost

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of net obligation at transition

 

 

 

 

 

 

 

 

 

 

 

 

Total recognized in other comprehensive loss (income)

 

 

(739

)

 

 

(130

)

 

 

(10

)

 

 

(109

)

Total recognized in net periodic benefit cost and other comprehensive loss (income)

 

$

(325

)

 

$

100

 

 

$

(380

)

 

$

(77

)

 

Schedule of Actuarial Assumptions

The following table provides the actuarial assumptions used to derive the information reported in the consolidated financial statements as of and for the years ended December 31, 2018 and 2017.

 

 

 

Pension Plan

 

 

PRB Plan

 

 

 

As of and for the year ended December 31,

 

 

As of and for the year ended December 31,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Discount rate used for net periodic pension cost

 

 

3.50

%

 

 

4.00

%

 

 

4.25

%

 

 

4.00

%

Discount rate used for disclosure

 

 

4.25

%

 

 

3.50

%

 

 

4.25

%

 

 

3.50

%

Expected return on plan assets

 

 

7.25

%

 

 

7.25

%

 

N/A

 

 

N/A

 

Rate of compensation increase

 

N/A

 

 

N/A

 

 

N/A

 

 

N/A

 

Rate of compensation increase for net periodic

   pension cost

 

N/A

 

 

N/A

 

 

N/A

 

 

N/A

 

Expected future interest crediting rate

 

 

3.00

%

 

 

3.00

%

 

N/A

 

 

N/A

 

Estimated Future Benefit Payments for Pension Plan and PRB Plan

The following table provides estimated future benefit payments (cash) for the Pension Plan and PRB Plan for the periods presented.

 

  

 

Pension Plan

 

 

PRB Plan

 

2019

 

$

298

 

 

$

7

 

2020

 

 

139

 

 

 

7

 

2021

 

 

103

 

 

 

7

 

2022

 

 

107

 

 

 

7

 

2023

 

 

365

 

 

 

6

 

2024 - 2028

 

 

854

 

 

 

27