Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2013

Compensation And Retirement Disclosure [Abstract]

Funded Status and Accrued Pension Cost

The following table sets forth the funded status at December 31 (amounts in thousands):

	2013			2012
CHANGE IN BENEFIT OBLIGATION:
Benefit obligation at beginning of year	$	96,384		$	92,575
Interest cost		3,376			3,655
Actuarial (gain) loss		(11,560	)		5,998
Benefits paid		(7,299	)		(5,844	)
Benefit obligation at end of year		80,901			96,384
CHANGE IN PLAN ASSETS:
Fair value of plan assets at beginning of year		69,611			62,265
Actual return on plan assets		11,044			9,061
Employer contributions		1,620			4,129
Benefits paid		(7,299	)		(5,844	)
Fair value of plan assets at end of year		74,976			69,611
Funded status and accrued pension cost	$	(5,925	)	$	(26,773	)

Allocation of Defined Benefit Pension Plans Assets by Asset Class

The allocation of the defined benefit pension plan’s assets as of the respective measurement date for each year, by asset class, are as follows (amounts in thousands):

Asset Class	2013		2012
Cash	$	698	$	5,369
Equity securities
U.S. Large Cap (a)		26,815		21,039
U.S. Mid Cap (a)		10,144		7,482
International (b)		8,545		7,313
Core fixed income (c)		21,317		21,687
High-yield fixed income (d)		7,457		6,721
Total	$	74,976	$	69,611

(a) Consists of actively-managed domestic equity mutual funds. Underlying holdings are diversified by sector and industry.

(b) Consists of an actively-managed international equity mutual fund. Underlying holdings are diversified by country, sector and industry. The fund may invest a portion of its assets in emerging markets, which entails additional risk.

(c) Consists of an actively-managed fixed income mutual fund. The fund predominantly invests in investment-grade bonds of U.S. issuers from diverse sectors and industries. The fund also invests in government-backed debt. The fund can invest a portion of its assets in below-investment grade debt and non-U.S. debt, which entails additional risk.

(d) Consists of actively-managed high-yield fixed income mutual funds. The funds invest in investment grade and below-investment grade bonds, with a focus on below-investment grade bonds of U.S. issuers. Underlying holdings are diversified by sector and industry. The funds can invest a portion of its assets in the debt of non-U.S. issuers, which entails additional risk.