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Employee Benefit Plans
9 Months Ended
Sep. 30, 2017
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
Components of the net periodic pension and postretirement benefit cost are as follows:
 
Successor
 
 
Predecessor
 
September 1, 2017 Through September 30, 2017
 
 
July 1, 2017
Through
August 31, 2017
 
Three Months
Ended
September 30, 2016
 
 
 
 
Service cost
$
38

 
 
$
71

 
$
112

Interest cost
397

 
 
806

 
1,312

Expected return on assets
(692
)
 
 
(1,356
)
 
(2,035
)
Amortization of prior service cost

 
 
33

 
50

Amortization of actuarial loss

 
 
110

 
406

Net periodic pension and postretirement benefit (credit) cost
$
(257
)
 
 
$
(336
)
 
$
(155
)
Contributions paid
$
213

 
 
$

 
$


 
Successor
 
 
Predecessor
 
September 1, 2017 Through September 30, 2017
 
 
January 1, 2017
Through
August 31, 2017
 
Nine Months
Ended
September 30, 2016
 
 
 
 
Service cost
$
38

 
 
$
282

 
$
336

Interest cost
397

 
 
3,227

 
3,936

Expected return on assets
(692
)
 
 
(5,425
)
 
(6,105
)
Amortization of prior service cost

 
 
133

 
150

Amortization of actuarial loss

 
 
438

 
1,218

Net periodic pension and postretirement benefit (credit) cost
$
(257
)
 
 
$
(1,345
)
 
$
(465
)
Contributions paid
$
213

 
 
$
356

 
$


The Company anticipates making no additional cash contributions to its pension plans in the remainder of 2017.
Employee retirement contracts and collective bargaining agreements were honored by the Company after emergence from the Chapter 11 cases on the Effective Date.
Upon the adoption of fresh-start accounting, the Company remeasured its obligations under its defined benefit pension and other postretirement plans. The re-measurement increased the Company's defined benefit pension and other postretirement benefit obligations by approximately $4,274 and was driven primarily by a change in the discount rate.