PENSION PLAN (Tables)

12 Months Ended

Dec. 31, 2012

Reconciliation of Defined Benefit Pension Plan

The following table shows the reconciliation of the defined benefit pension plan as of December 31, 2012 and 2011:

	2012			2011
	(000s)
Change in plan assets:
Fair value of plan assets at beginning of year	$	87,940		$	73,402
Actual return (loss) on plan assets		13,824			5,689
Employer contributions		7,786			14,065
Benefits paid		(4,946	)		(4,541	)
Administrative expenses		(530	)		(675	)
Fair value of plan assets at end of year	$	104,074		$	87,940
Change in benefit obligation:
Benefit obligation at beginning of year	$	108,446		$	93,513
Service cost		1,144			1,162
Interest cost		4,659			5,047
Benefits paid		(4,946	)		(4,541	)
Actuarial (gain) loss		5,226			13,265
Benefit obligation at end of year	$	114,529		$	108,446
Amounts recognized in the Consolidated Balance Sheet:
Other noncurrent liabilities		10,455			20,506
Total liability at end of year	$	10,455		$	20,506
Additional year end information for Pension Plan
Projected benefit obligation	$	114,529		$	108,446
Accumulated benefit obligation		112,675			106,609
Fair value of plan assets		104,074			87,940

Component of Net Periodic Cost (Benefit)

	2012			2011			2010
	(000s)
Components of net periodic cost (benefit)
Service cost	$	1,144		$	1,162		$	1,140
Interest cost		4,659			5,047			4,958
Expected return on plan assets		(7,301	)		(6,566	)		(5,151	)
Recognized actuarial loss		4,219			2,427			2,538
Net periodic cost	$	2,721		$	2,070		$	3,485

Measurement Dates

	2012		2011
Measurement Dates
Benefit obligations		12/31/2012		12/31/2011
Fair value of plan assets		12/31/2012		12/31/2011

Weighted Average Assumptions

	2012			2011
Weighted average assumptions as of December 31
Discount rate		4.05	%		4.40	%
Rate of compensation increase		4.00	%		4.00	%

Weighted-average Assumptions for Net Periodic Benefit Cost

	2012			2011			2010
Weighted-average assumptions for net periodic benefit cost calculations
Discount rate		4.40	%		5.54	%		5.96	%
Expected long-term rate at return on plan assets		8.00	%		8.00	%		8.00	%
Rate of compensation increase		4.00	%		4.00	%		4.00	%

Market Values of Our Pension Plan Assets

The market values of our pension plan assets at December 31, 2012 and December 31, 2011 by asset category are as follows:

December 31, 2012	Total		Level 1		Level 2		Level 3
Equities:
U.S. Large Cap	$	22,800	$	—	$	22,800	$	—
U.S. Mid Cap		1,566		—		1,566		—
U.S. Small-Mid Cap		7,738		—		7,738		—
U.S. Small Cap		1,583		—		1,583		—
International Developed		10,779		—		10,779		—
Emerging Markets		3,912		—		3,912		—
Fixed income:
Long Duration Fixed Income		51,355		—		51,355		—
Real Estate:
REIT Fund		3,904		—		3,904		—
Cash/Currency:
Cash Equivalents		437		—		437		—
Total market value	$	104,074	$	—	$	104,074	$	—

December 31, 2011	Total		Level 1		Level 2		Level 3
Equities:
U.S. Large Cap	$	18,921	$	—	$	18,921	$	—
U.S. Mid Cap		1,281		—		1,281		—
U.S. Small-Mid Cap		6,332		—		6,332		—
U.S. Small Cap		1,282		—		1,282		—
International Developed		8,692		—		8,692		—
Emerging Markets		3,123		—		3,123		—
Fixed income:
Long Duration Fixed Income		44,587		—		44,587		—
Real Estate:
REIT Fund		3,269		—		3,269		—
Cash/Currency:
Cash Equivalents		453		—		453		—
Total market value	$	87,940	$	—	$	87,940	$	—

Estimated Future Benefit

There will be benefit payments under this plan beyond 2022.

Estimated Future Benefit Payments (000s)
2013	$	5,451
2014		5,724
2015		5,692
2016		6,182
2017		6,379
2018-2022		34,251
Total	$	63,679

Plan Assets

	2012			2011
Plan Assets
Asset Category
Equity securities		47	%		45	%
Fixed income securities		49	%		50	%
Other		4	%		5	%
Total		100	%		100	%

Assset Allocation Policy and Ranges Established in accordance with Overall Risk and Return Objectives of Portfolio:

The following asset allocation policy and ranges have been established in accordance with the overall risk and return objectives of the portfolio:

	Policy			As of 12/31/12			Permitted Range
Total Equity		46	%		47	%		43-49	%
Total Fixed Income		50	%		49	%		45-55	%
Other		4	%		4	%		0-10	%