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Energen Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2018
Defined Benefit Plan Disclosure [Line Items]  
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block]
Benefit Obligations: The following tables set forth the funded status of Energen’s postretirement health care and life insurance benefit plans and their reconciliation with the related amounts in the Company’s consolidated financial statements:

 
One Month Ended December 31, 2018
 
(in thousands)
Change in Benefit Obligation
 
Balance as of November 29, 2018
$
5,373

Service cost
1

Interest cost
19

Actuarial gain
(35
)
Plan amendments

Curtailment gain

Benefits paid
(7
)
Balance at December 31, 2018
$
5,351

 
 
Change in Plans' Assets
 
Fair value of plan assets at November 29, 2018
$
8,317

Actual return (loss) on plan assets
(90
)
Benefits paid
(7
)
Fair value of plan assets at December 31, 2018
$
8,220

Funded status of plans
$
2,869


 
One Month Ended December 31, 2018
 
(in thousands)
Amounts recognized on consolidated balance sheets:
 
Noncurrent assets recognized
$
2,869

Amounts recognized to accumulated other comprehensive income:
 
Prior service credit, net of taxes
$

Net actuarial loss, net of taxes
74

Total accumulated other comprehensive income
$
74

Other changes in plan assets and projected benefit obligations recognized in other comprehensive income were as follows:

 
One Month Ended December 31, 2018
 
(in thousands)
Postretirement Benefit Plans
 
Net actuarial (gain) loss experienced during the year
$
74

Net actuarial loss recognized as expense

Prior service cost recognized as income

Prior service credit during the year

Prior service cost amortization

Total recognized in other comprehensive income
$
74

Schedule of Net Benefit Costs [Table Text Block]
The components of net periodic benefit cost were as follows:

 
One Month Ended December 31, 2018
 
(in thousands)
Postretirement Benefit Plans
 
Components of net periodic benefit cost:
 
Service cost
$
1

Interest cost
19

Expected long-term return on assets
(19
)
Prior service cost amortization

Actuarial gain amortization

Settlement charge

Curtailment gain

Net periodic (income) expense
$
1

weighted average assumptions defined benefti [Table Text Block]
The weighted average rate assumptions to determine net periodic benefit costs were as follows:

 
One Month Ended December 31, 2018
Postretirement Benefit Plans
 
Discount rate
4.55
%
Expected long-term return on plan assets
4.55
%

The weighted average assumptions used to determine the postretirement benefit obligations at the measurement date were as follows:

 
One Month Ended December 31, 2018
Discount rate
4.55
%
Schedule of Allocation of Plan Assets [Table Text Block]

Energen sought to maintain an appropriate level of diversification to minimize the risk of large losses in a single asset class. Accordingly, plan assets for the postretirement health care and life insurance benefit plan do not have a concentration of assets in a single entity, industry, commodity or class of investment find.
 
Target
As of
December 31, 2018
Asset category:
 
 
Equity securities
21
%
20
%
Debt securities
74
%
76
%
Other
5
%
4
%
Total
100
%
100
%
plan assets included in funded status [Table Text Block]
Plan assets included in the funded status postretirement benefit plans were as follows:
 
December 31, 2018
(in thousands)
Level 1
Level 2
Total
United States equities
$
146

$

$
146

Global equities
1,461


1,461

Fixed income
6,256


6,256

Other
357


357

Total
$
8,220

$

$
8,220