Pension And Postretirement Obligations (Tables)

12 Months Ended

Dec. 31, 2013

Pension And Postretirement Obligations [Abstract]


		Pension Benefits									Postretirement Benefits
		For the Years Ended December 31,
($ in thousands)		2013			2012			2011			2013			2012			2011
Components of net periodic costs:
Service cost	$	-		$	-		$	-		$	13		$	14		$	14
Interest cost		756			759			860			112			226			238
Expected return on plan assets		(975	)		(876	)		(913	)		(178	)		(173	)		(168	)
Amortization of transition asset		-			-			-			-			28			28
Amortization of prior service cost		56			56			56			(330	)		(330	)		(330	)
Recognized actuarial (gain) loss		840			909			755			37			131			94
Net periodic loss (gain)	$	677		$	848		$	758		$	(346	)	$	(104	)	$	(124	)

Schedule Of Amounts In Accumulated Other Comprehensive Income (Loss) To Be Recognized Over Next Fiscal Year


				Postretirement
($ in thousands)		Pension Plans		Benefits
Amortization of net actuarial loss	$	710	$	24
Amortization of prior service cost (credit)	$	56	$	(330	)

Summary Of Projected Benefit Obligation And Plan Assets


								Postretirement
($ in thousands)		Pension Benefits						Benefits
		For the Years Ended December 31,
		2013			2012			2013			2012
Change in Benefit Obligation
Benefit obligation, beginning of year	$	19,908		$	18,556		$	3,655		$	5,143
Service cost		-			-			13			14
Interest cost		756			759			112			226
Actuarial losses (income)		(1,240	)		1,518			(805	)		(1,595	)
Benefit payments		(931	)		(925	)		(133	)		(133	)
Benefit obligation, end of year		18,493			19,908			2,842			3,655


Changes in fair value of plan assets
Fair value of plan assets, beginning of year		12,443			11,265			2,221			2,167
Actual return on plan		1,084			1,648			(16	)		54
Employer contributions		520			455			134			133
Benefit payments		(931	)		(925	)		(133	)		(133	)

Fair value of plan assets, end of year		13,116			12,443			2,206			2,221
Unfunded status, end of year	$	(5,377	)	$	(7,465	)	$	(636	)	$	(1,434	)

Schedule Of Amounts Recognized In Balance Sheet


								Postretirement
		Pension Benefits						Benefits
					As of December 31,
($ in thousands)		2013			2012			2013			2012

Pension and postretirement benefit obligations-current	$	(267	)	$	(954	)	$	-		$	(135	)
Pension and postretirement benefit obligations-long term		(5,110	)		(6,511	)		(636	)		(1,299	)
Total	$	(5,377	)	$	(7,465	)	$	(636	)	$	(1,434	)

Schedule Of Amounts Recognized In Other Comprehensive Income (Loss)


								Postretirement
		Pension Benefits						Benefits
		For the Years Ended December 31,
($ in thousands)		2013			2012			2013			2012

Actuarial net (loss) gain	$	(3,824	)	$	(6,013	)	$	(168	)	$	(815	)
Net prior service credit		(178	)		(234	)		507			837

Income tax expense (benefit)		(2,433	)		(2,234	)		206			8
Total	$	(1,569	)	$	(4,013	)	$	133		$	14

Schedule Of Assumptions Used

Actuarial assumptions used to calculate the projected benefit obligation were as follows for the years ended December 31, 2013 and 2012:


	Pension Benefits				Postretirement Benefits
	For the Years Ended December 31,
	2013		2012		2013		2012
Discount rate	4.50- 4.70%		3.70- 3.90%		4.50	%	3.60	%
Expected return on plan assets	8.00	%	8.00	%	8.00	%	8.00	%
Healthcare cost trend	-		-		8.50	%	9.00	%

Actuarial assumptions used to calculate net periodic benefit cost were as follows for the years ended December 31, 2013 and 2012:


					Postretirement
	Pension Benefits				Benefits
	For the Years Ended December 31,
	2013		2012		2013		2012
Discount rate	3.7- 3.9	%	4.25	%	3.60	%	4.25	%
Expected return on assets	8.00	%	8.00	%	8.00	%	8.00	%

Schedule Of Fair Value Of Plan Assets

The fair values of the Company's pension plan assets at December 31, 2013 by asset category are as follows:


($ in thousands)
		Total		Level 1		Level 2		Level 3
Asset Category
Equity securities	$	6,777	$	1,361	$	5,416	$	-
Fixed income securities		5,528		4,605		923		-
Cash and cash equivalents		811		811		-		-
Total pension assets	$	13,116	$	6,777	$	6,339	$	-

The fair values of the Company's postretirement plan assets at December 31, 2013 by asset category are as follows:


($ in thousands)
		Total		Level 1		Level 2		Level 3
Asset Category
Fixed income securities	$	1,744	$	1,744	$	-	$	-
Cash and cash equivalents		462		462		-		-
Total pension assets	$	2,206	$	2,206	$	-	$	-

The fair value of certain equity and fixed income investment vehicles of $4.9 million and $0.9 million, respectively were incorrectly disclosed as Level 1 fiar value measurements in the Company's 2012 consolidated financial statements. The 2012 disclosure has been corrected to classify these investments as Level 2 fair value measurements as fair value is based on observable inputs other than quoted prices in active markets. The Company does not believe that these disclosure errors were material to the previously issued 2012 consolidated financial statements.

The fair values of the Company's pension plan assets at December 31, 2012 by asset category are as follows:


($ in thousands)
		Total		Level 1		Level 2		Level 3
Asset Category
Equity securities	$	6,239	$	1,293	$	4,946	$	-
Fixed income securities		5,390		4,502		888		-
Cash and cash equivalents		814		814		-		-
Total pension assets	$	12,443	$	6,609	$	5,834	$	-

The fair values of the Company's postretirement plan assets at December 31, 2012 by asset category are as follows:


($ in thousands)
		Total		Level 1		Level 2		Level 3
Asset Category
Fixed income securities	$	1,760	$	1,760	$	-	$	-
Cash and cash equivalents		461		461		-		-
Total pension assets	$	2,221	$	2,221	$	-	$	-

Schedule Of Expected Benefit Payments


		Pension		Postretirement
($ in thousands)		Benefits		Benefits
2014	$	1,041	$	203
2015		1,065		190
2016		1,095		167
2017		1,160		177
2018		1,216		178
2019-2023		6,330		941