XML 58 R19.htm IDEA: XBRL DOCUMENT v2.4.1.9
Retirement Plans
 3 Months Ended
Mar. 31, 2015
Compensation and Retirement Disclosure [Abstract]  
Retirement Plans
Retirement Plans
The Company and certain of its subsidiaries have pension and profit sharing plans covering substantially all of their employees. The Company’s frozen defined benefit pension plan ("The Pension Agreement between Akro-Mils and United Steelworkers of America Local No. 1761-02") provides benefits primarily based upon a fixed amount for each year of service as of the date the plan was frozen.



Net periodic pension cost are as follows:
 
Three Months Ended
March 31,
 
 
2015
 
2014
 
Interest cost
$
68

 
$
70

 
Expected return on assets
(83
)
 
(93
)
 
Amortization of actuarial net loss
22

 
11

 
Net periodic pension (benefit) cost
$
7

 
$
(12
)
 
Company contributions
$
78

 
$
80

 

The Company anticipates making contributions totaling $0.5 million to its pension plan for the full year of 2015.