PENSION AND OTHER POSTRETIREMENT PLANS (Tables)

12 Months Ended

Sep. 30, 2013

PENSION AND OTHER POSTRETIREMENT PLANS [Abstract]

Reconciliation of Benefit Obligations, Plan Assets and Funded Status of Pension Plans

The Company provides defined benefit pension and other postretirement plans to certain employees. The following provides a reconciliation of benefit obligations, plan assets and funded status of the plans as of the Company’s actuarial valuation as of September 30, 2013 and 2012:

	Pension						Other Postretirement
	2013			2012			2013			2012
Change in benefit obligation:
Benefit obligation, beginning of year	$	195,860		$	168,033		$	28,831		$	27,547
Acquisitions		9,437			-			-			-
Service cost		7,160			5,852			796			730
Interest cost		8,024			7,842			1,129			1,283
Assumption changes		(26,288	)		19,701			(10,270	)		2,508
Actuarial (gain) loss		(891	)		688			(854	)		(2,473	)
Benefit payments		(7,225	)		(6,256	)		(751	)		(764	)
Benefit obligation, end of year		186,077			195,860			18,881			28,831

Change in plan assets:
Fair value, beginning of year		116,577			100,554			-			-
Actual return		10,838			16,000			-			-
Benefit payments		(7,225	)		(6,256	)		(751	)		(764	)
Employer contributions		3,523			6,279			751			764
Fair value, end of year		123,713			116,577			-			-

Funded status		(62,363	)		(79,283	)		(18,881	)		(28,831	)
Unrecognized actuarial loss (gain)		56,148			92,940			(3,001	)		8,561
Unrecognized prior service cost		(1,935	)		(2,142	)		(1,502	)		(1,774	)
Net amount recognized	$	(8,150	)	$	11,515		$	(23,384	)	$	(22,044	)

Amounts recognized in the consolidated balance sheet:
Current liability	$	(721	)	$	(720	)	$	(925	)	$	(1,106	)
Noncurrent benefit liability		(61,642	)		(78,563	)		(17,956	)		(27,725	)
Accumulated other comprehensive loss		54,213			90,798			(4,503	)		6,787
Net amount recognized	$	(8,150	)	$	11,515		$	(23,384	)	$	(22,044	)

Amounts recognized in accumulated
other comprehensive loss:
Net actuarial loss (income)	$	56,148		$	92,940		$	(3,001	)	$	8,561
Prior service cost		(1,935	)		(2,142	)		(1,502	)		(1,774	)
Net amount recognized	$	54,213		$	90,798		$	(4,503	)	$	6,787

Net Periodic Pension and Other Postretirement Cost

Net periodic pension and other postretirement benefit cost for the plans included the following:

	Pension									Other Postretirement
	2013			2012			2011			2013			2012			2011

Service cost	$	7,160		$	5,852		$	5,016		$	796		$	730		$	632
Interest cost		8,024			7,842			7,510			1,129			1,283			1,254
Expected return on plan assets		(9,071	)		(7,836	)		(7,398	)		-			-			-
Amortization:
Prior service cost		(206	)		(45	)		26			(272	)		(451	)		(476	)
Net actuarial loss		7,903			6,814			5,364			439			535			407
Net benefit cost	$	13,810		$	12,627		$	10,518		$	2,092		$	2,097		$	1,817

Contributions During Fiscal Year

Contributions made in fiscal 2013 are as follows:

Contributions	Pension		Other Postretirement

Principal retirement plan	$	2,500	$	-
Supplemental retirement plan		725		-
Other postretirement plan		-		751

Amounts of AOCL Expected to be Recognized in Net Periodic Benefit Costs

Amounts of AOCL expected to be recognized in net periodic benefit costs in fiscal 2014 include:

				Other
	Pension			Postretirement
	Benefits			Benefits

Net actuarial loss	$	3,964		$	(87	)
Prior service cost		(206	)		(195	)

Weighted-Average Assumptions for Principal Retirement and Other Postretirement Benefit Plans

The measurement date of annual actuarial valuations for the Company’s principal retirement and other postretirement benefit plans was September 30 for fiscal 2013, 2012 and 2011. The weighted-average assumptions for those plans were:

	Pension									Other Postretirement
	2013			2012			2011			2013			2012			2011
Discount rate		5.00	%		4.00	%		4.75	%		5.00	%		4.00	%		4.75	%
Return on plan assets		8.00			8.00			8.00			-			-			-
Compensation increase		3.50			3.50			3.50			-			-			-

Weighted Average Asset Allocation and Target Allocation

The Company’s primary defined benefit pension plan’s weighted-average asset allocation at September 30, 2013 and 2012 and weighted-average target allocation were as follows:

	Plan Assets at				Target
Asset Category	2013		2012		Allocation
Equity securities	$	67,954	$	63,186		55	%
Fixed income, cash and cash equivalents		36,817		35,218		30	%
Other investments		18,942		18,173		15	%
	$	123,713	$	116,577		100	%

Fair Value Allocation of Plan Assets

The Company’s defined benefit pension plans’ asset categories at September 30, 2013 and 2012 were as follows:

	September 30, 2013
Asset Category	Level 1		Level 2		Level 3		Total
Equity securities - stocks	$	36,127	$	-	$	-	$	36,127
Equity securities - mutual funds		30,507		1,320		-		31,827
Fixed income securities		17,912		9,487		-		27,399
Cash and cash equivalents		9,418		-		-		9,418
Other investments		-		-		18,942		18,942
Total	$	93,964	$	10,807	$	18,942	$	123,713

	September 30, 2012
Asset Category	Level 1		Level 2		Level 3		Total
Equity securities - stocks	$	34,127	$	-	$	-	$	34,127
Equity securities - mutual funds		29,059		-		-		29,059
Fixed income securities		10,523		12,707		-		23,230
Cash and cash equivalents		11,988		-		-		11,988
Other investments		-		-		18,173		18,173
Total	$	85,697	$	12,707	$	18,173	$	116,577

Changes in Fair Value of Level 3 Plan Assets

Changes in the fair value of Level 3 assets at September 30, 2013 and 2012 are summarized as follows:

	Fair Value,										Fair Value,
	Beginning of						Realized		Unrealized		End of
Asset Category	Period		Acquisitions		Dispositions		Gains (Losses)		Gains		Period
Other investments:
Fiscal Year Ended:
September 30, 2013	$	18,173	$	-		-	$	48	$	721	$	18,942
September 30, 2012		13,375		3,800		-		766		232		18,173

Benefit Payments Expected to be Paid

Benefit payments expected to be paid are as follows:

			Other
	Pension		Postretirement
Years ending September 30:	Benefits		Benefits

2014	$	7,080	$	926
2015		7,722		917
2016		8,190		1,004
2017		8,550		1,126
2018		9,063		1,186
2019-2023		53,709		6,275
	$	94,314	$	11,434