XML 38 R77.htm IDEA: XBRL DOCUMENT v2.4.0.6
PENSION, OTHER POST RETIREMENT BENEFIT AND PROFIT SHARING PLANS (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Change in benefit obligations:      
Service cost $ 9,670,000 $ 8,107,000 $ 7,449,000
Interest cost 8,104,000 8,327,000 7,676,000
Components of net periodic benefit cost:      
Service cost 9,670,000 8,107,000 7,449,000
Interest cost 8,104,000 8,327,000 7,676,000
Expected return on assets (11,263,000) (14,864,000) (14,032,000)
Amortization of unrecognized transition amount 18,000 18,000 18,000
Recognized prior service cost (768,000) 31,000 341,000
Recognized net loss 4,868,000 3,264,000 2,218,000
Special termination benefit 300,000 0 0
Net periodic benefit cost 10,929,000 4,883,000 3,670,000
Pension Benefits [Member]
     
Change in benefit obligations:      
Projected benefit obligations at beginning of year 182,362,000 156,595,000 134,892,000
Service cost 9,670,000 8,107,000 7,449,000
Interest cost 8,104,000 8,327,000 7,676,000
Amendments 300,000 (8,494,000) 0
Actuarial loss 22,417,000 22,253,000 11,457,000
Benefits paid (8,232,000) (4,197,000) (4,879,000)
Administrative expenses paid (817,000) (229,000) 0
Projected benefit obligations at end of year 213,804,000 182,362,000 156,595,000
Change in plans assets:      
Fair value of plans assets at beginning of year 195,004,000 197,536,000 180,217,000
Actual return on assets 16,631,000 1,347,000 21,488,000
Employer contributions 1,118,000 547,000 710,000
Benefits paid (8,232,000) (4,197,000) (4,879,000)
Administrative expenses paid (817,000) (229,000) 0
Fair value of plans assets at end of year 203,704,000 195,004,000 197,536,000
Funded status:      
Projected benefit obligations (213,804,000) (182,362,000) (156,595,000)
Fair value of plans assets 203,704,000 195,004,000 197,536,000
Unrecognized transition amount 0 0 0
Unrecognized prior service cost 0 0 0
Unrecognized actuarial loss 0 0 0
Net amount recognized (10,100,000) 12,642,000 40,941,000
Amounts recognized in the consolidated balance sheets consisted of:      
Prepaid benefit cost 94,046,000 102,307,000 104,749,000
Accrued benefit liability (22,123,000) (20,572,000) (18,678,000)
Intangible asset 0 0 0
Accumulated other comprehensive income adjustment (82,023,000) (69,093,000) (45,130,000)
Net amount recognized (10,100,000) 12,642,000 40,941,000
Pre-tax amounts recognized in accumulated other comprehensive income consisted of:      
Net transition obligation 37,000 55,000  
Net prior service (benefit) cost (6,134,000) (6,901,000)  
Net actuarial loss 88,120,000 75,939,000  
Total accumulated other comprehensive income 82,023,000 69,093,000 45,130,000
Net transition obligation that will be amortized into net periodic cost over the next fiscal year 18,000    
Net prior service credit that will be amortized into net periodic cost over the next fiscal year 768,000    
Net actuarial loss that will be amortized into net periodic cost over the next fiscal year 6,099,000    
Components of net periodic benefit cost:      
Service cost 9,670,000 8,107,000 7,449,000
Interest cost 8,104,000 8,327,000 7,676,000
Information related to the Company's defined benefit pension plans [Abstract]      
Accumulated benefit obligation 205,298,000 172,439,000  
Basic Plan [Member]
     
Defined Benefit Plan Disclosure [Line Items]      
General information The Basic Plan is a non-contributory defined benefit pension plan managed by a trustee covering substantially all full-time employees who have at least one year of service and have attained the age of 21. For such employees hired prior to January 1, 2006, benefits are based on years of service and the employee's compensation    
Weighted-average assumptions used to determine benefit obligation [Abstract]      
Discount rate (in hundredths) 4.05% 4.80%  
Rate of compensation increase (in hundredths) 3.00% [1] 2.00% [1]  
Rate of compensation increase used for next fiscal year (in hundredths) 3.00%    
Rate of compensation increase used for year two and beyond (in hundredths) 3.00%    
Weighted-average assumptions used to determine net periodic benefit cost [Abstract]      
Discount rate (in hundredths) 4.80% 5.50% 6.00%
Rate of compensation increase (in hundredths) 3.00% 3.00% 3.00%
Expected rate of return on plan assets (in hundredths) 6.00% 8.00% 8.00%
Restoration Plan and Supplemental Plan [Member]
     
Accumulated benefit obligations in excess of plan assets [Abstract]      
Projected benefit obligation 32,659,000 26,712,000  
Accumulated benefit obligation 31,154,000 25,409,000  
Fair value of assets $ 0 $ 0  
Restoration Plan [Member]
     
Defined Benefit Plan Disclosure [Line Items]      
General information The Restoration Plan provides for the payment of retirement benefits to certain participants in the Basic Plan.    
Weighted-average assumptions used to determine benefit obligation [Abstract]      
Discount rate (in hundredths) 3.65% 4.45%  
Rate of compensation increase (in hundredths) 3.00% [1] 2.00% [1]  
Rate of compensation increase used for next fiscal year (in hundredths) 3.00%    
Rate of compensation increase used for year two and beyond (in hundredths) 3.00%    
Weighted-average assumptions used to determine net periodic benefit cost [Abstract]      
Discount rate (in hundredths) 4.45% 5.15% 5.85%
Rate of compensation increase (in hundredths) 3.00% 3.00% 3.00%
Supplemental Plan [Member]
     
Defined Benefit Plan Disclosure [Line Items]      
General information The Supplemental Plan is a non-qualified defined benefit supplemental retirement plan for certain key employees. Benefits commence when the employee retires and are payable over a period of ten years.    
Weighted-average assumptions used to determine benefit obligation [Abstract]      
Discount rate (in hundredths) 2.85% 3.85%  
Rate of compensation increase (in hundredths) 3.00% [1] 2.00% [1]  
Rate of compensation increase used for next fiscal year (in hundredths) 3.00%    
Rate of compensation increase used for year two and beyond (in hundredths) 3.00%    
Weighted-average assumptions used to determine net periodic benefit cost [Abstract]      
Discount rate (in hundredths) 3.85% 4.50% 5.35%
Rate of compensation increase (in hundredths) 3.00% 3.00% 3.00%
[1] 3.00% rate of compensation increase used for 2012 and beyond.