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Employee Benefit Plans
12 Months Ended
Dec. 31, 2012
Employee Benefit Plans [Abstract]  
EMPLOYEE BENEFIT PLANS

8.    EMPLOYEE BENEFIT PLANS

Defined Contribution Plans—The Company sponsored a qualified defined contribution plan covering substantially all its employees. The Company suspended the matching contributions effective January 2009.

In 2011, the Company terminated its nonqualified deferred compensation plan.

Defined Benefit Plans—The Company participates in several multi-employer pension plans that provide benefits to certain employees under collective bargaining agreements. The risks of participating in these multi-employer plans are different from single-employer plans in the following aspects: 1) assets contributed to the multi-employer plan by one employer may be used to provide benefits to employees of other participating employers 2) if a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers, and 3) if the Company chooses to stop participating in some of its multi-employer plans, the Company may be required to pay those plans an amount based on the underfunded status of the plan, referred to as a withdrawal liability. Total contributions to these plans were $0.5 million in each of the years ended 2012, 2011 and 2010. A majority of the contributions are to the Western Conference of Teamsters Pension Plan. The Company does not contribute more than 5 percent of total contributions for any of these multi-employer pension plans. The Company’s participation in the multi-employer pension plans for the year ended December 31, 2012 is outlined in the table below.

 

                         

Legal Name of Plan

  EIN—Plan Number   Pension
Protection Act
Zone Status
  Financial
Improvement
Plan
  Surcharge
Imposed
  Expiration Date
of Collective-
Bargaining
Agreement
  12/31/2012
Company
Participants

Western Conference of Teamsters Pension Plan

  91-6145047 - 001   Funded > 80%   No   No   3/31/2013 to   73
                    4/30/2015    

Southern California Lumber Industry Retirement Fund

  95-6035266 - 001   Funded > 80%   No   No   6/30/2014   10

Central States, Southeast and Southwest Areas Pension Plan

  36-6044243 - 001   Funded < 65%   Implemented   Yes   3/31/2013   3