Supplemental Executive Retirement Plan (Tables)

9 Months Ended

Sep. 30, 2014

Supplemental Executive Retirement Plan

Schedule of components of net periodic pension cost recognized

Net periodic pension cost consists of the following (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Service cost	$	1,379	$	1,352	$	4,138	$	4,055
Interest cost	592		396		1,775		1,188
Amortization of prior service cost	309		207		925		621
Amortization of net actuarial loss	52		199		158		596
Net pension expense	$	2,332	$	2,154	$	6,996	$	6,460

Schedule of components reclassified from accumulated other comprehensive loss

Reclassifications related to the SERP from accumulated other comprehensive loss to the statement of operations by line item and the tax impact of these reclassifications is presented below (in thousands):

Component Reclassified from Accumulated Other	Three Months Ended September 30,						Nine Months Ended September 30,
Comprehensive Loss (1)	2014			2013			2014			2013
Amortization of prior service cost:
Research and development	$	102		$	79		$	305		$	234
Selling, general and administrative	207			128			620			387
Total	309			207			925			621
Amortization of net actuarial loss:
Research and development	17			75			52			224
Selling, general and administrative	35			124			106			372
Total	52			199			158			596
Total amortization of prior service cost and net actuarial loss:	361			406			1,083			1,217
Tax benefit	(131		)	(134		)	(384		)	(404		)
Total, net of tax	$	230		$	272		$	699		$	813

(1) Refer to Note 12—Accumulated Other Comprehensive Loss.