Pension and Other Postretirement Plans (Tables)

12 Months Ended

Dec. 31, 2014

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Components of Periodic Benefit Cost

Components of Net Periodic Benefit Cost

	Years Ended December 31,
	2014			2013		2012
	(In thousands)
Components of net periodic benefit costs:
Interest cost	$	958		873		928
Service cost	168			190		174
Expected return on plan assets	(1,278		)	(1,134	)	(1,070	)
Amortization of prior service cost	4			4		4
Amortization of net loss	422			812		786
Net periodic benefit cost	274			745		822
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net loss (gain)	1,888			(3,921	)
Amortization of prior service cost	(4		)	(4	)
Amortization of net loss (gain)	(422		)	(812	)
Total recognized in other comprehensive income	1,462			(4,737	)
Total recognized in net periodic benefit cost and other comprehensive income	$	1,736		(3,992	)

Schedule of Allocation of Plan Assets

 The following table sets forth the Company’s pension plan assets within the fair value hierarchy as of December 31, 2014.

	December 31, 2014
	Total		Level 1	Level 2	Level 3
	(In thousands)
Cash	$	678	678	—	—
Equity securities
Domestic	12,390		12,390	—	—
International	274		274	—	—
Debt securities
U.S. government agencies	—		—	—	—
Corporate bonds	6,304		—	6,304	—
Total	$	19,646	13,342	6,304	—

Pension Allocation by Type of Fund and Target Allocation

The plan’s weighted-average asset allocations by asset category are as follows:

	December 31,
	2014	2013	2012
Asset Category:
Equity securities	64%	70%	60%
Debt securities	32%	29%	35%
Cash and cash equivalents	4%	1%	5%
Total	100%	100%	100%

Schedule of Acceptable Ranges for Each Asset as per Investment Policy Statement

The investment policy statement sets forth the following acceptable ranges for each asset's class.

	Acceptable Range
Asset Category:
Equity securities	55-70%
Debt securities	30-40%
Cash and cash equivalents	0-15%

Schedule of Assumptions Used

Assumptions

	December 31,
	2014		2013
Weighted-average assumptions used to determine benefit obligations:
Discount rate	3.75	%	4.60	%
Rate of compensation increase	n/a		n/a

	December 31,
	2014		2013		2012
Weighted-average assumptions used to determine net periodic benefit cost:
Discount rate	4.25	%	3.75	%	4.25	%
Expected long-term return on plan assets	7.00	%	7.00	%	7.00	%
Rate of compensation increase	n/a		n/a		n/a

Schedule of Expected Benefit Payments

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid (in thousands):

2015	$	1,339
2016	1,347
2017	1,433
2018	1,402
2019	1,386
2019-2023	6,627

Defined Benefit Pension Plans [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Defined Benefit Plans Disclosures

 A detail of plan disclosures is provided below.

Obligations and Funded Status

	December 31,
	2014			2013
	(In thousands)
Changes in projected benefit obligations:
Projected benefit obligations at beginning of year	$	21,187		23,535
Service cost	168			190
Interest cost	958			873
Actuarial gain (loss)	2,357			(2,088	)
Benefits paid	(1,342		)	(1,323	)
Projected benefit obligations at end of year	23,328			21,187
Changes in plan assets:
Fair value of plan assets at beginning of year	18,908			16,813
Actual return on plan assets	1,747			2,967
Contributions	333			451
Benefits paid	(1,342		)	(1,323	)
Fair value of plan assets at end of year	19,646			18,908
Funded status at end of year	$	(3,682	)	(2,279	)

Schedule of Amounts Recognized in Consolidated Financial Statements and in Other Comprehensive Income

	December 31,
	2014			2013
	(In thousands)
Amounts recognized in the Company's consolidated financial statements:
Assets	$	—		—
Liabilities	(3,682		)	(2,279	)
Net amount recognized	$	(3,682	)	(2,279	)
Amounts recognized in accumulated other comprehensive income:
Net loss	$	8,017		6,551
Prior service cost	3			7
Net amount recognized	$	8,020		6,558

Chairman and President Non-Qualified Defined Benefit Plans [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Defined Benefit Plans Disclosures

Obligations and Funded Status

	December 31,
	2014			2013
	(In thousands)
Changes in projected benefit obligations:
Projected benefit obligations at beginning of year	$	19,870		22,525
Service cost	294			177
Interest cost	1,003			801
Actuarial (gain) loss	4,960			(1,652	)
Benefits paid	(1,982		)	(1,981	)
Projected benefit obligations at end of year	24,145			19,870
Change in plan assets:
Fair value of plan assets at beginning of year	—			—
Contributions	1,982			1,981
Benefits paid	(1,982		)	(1,981	)
Fair value of plan assets at end of year	—			—
Funded status at end of year	$	(24,145	)	(19,870	)

Schedule of Amounts Recognized in Consolidated Financial Statements and in Other Comprehensive Income

	December 31,
	2014			2013
	(In thousands)
Amounts recognized in the Company's consolidated financial statements:
Assets	$	—		—
Liabilities	(24,145		)	(19,870	)
Net amount recognized	$	(24,145	)	(19,870	)
Amounts recognized in accumulated other comprehensive income:
Net loss	$	11,959		8,293
Prior service cost	759			818
Net amount recognized	$	12,718		9,111

Schedule of Components of Periodic Benefit Cost

	Years Ended December 31,
	2014			2013		2012
	(In thousands)
Components of net periodic benefit cost:
Service cost	$	294		177		168
Interest cost	1,003			801		912
Amortization of prior service cost	59			59		59
Amortization of net loss	1,294			1,173		1,142
Net periodic benefit cost	2,650			2,210		2,281
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net (gain) loss	4,960			(1,652	)
Amortization of prior service cost	(59		)	(59	)
Amortization of net (gain) loss	(1,294		)	(1,173	)
Total recognized in other comprehensive income	3,607			(2,884	)
Total recognized in net periodic benefit cost and other comprehensive income	$	6,257		(674	)

Schedule of Assumptions Used

	December 31,
	2014		2013
Weighted-average assumptions used to determine benefit obligations:
Discount rate	3.75	%	4.60	%
Rate of compensation increase	4.00	%	4.00	%

	December 31,
	2014		2013		2012
Weighted-average assumptions used to determine net periodic benefit costs:
Discount rate	4.60	%	3.75	%	4.25	%
Expected long-term return on plan assets	n/a		n/a		n/a
Rate of compensation increase	4.00	%	4.00	%	4.00	%

Schedule of Expected Benefit Payments

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid (in thousands):

2015	$	1,982
2016	1,982
2017	1,982
2018	1,982
2019	1,982
2019-2023	9,908

Defined Benefit Postretirement Healthcare Plans [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Defined Benefit Plans Disclosures

he Company uses a December 31 measurement date for the plan.  A detail of plan disclosures related to the plan is provided below:

Obligations and Funded Status

	December 31,
	2014			2013
	(In thousands)
Changes in projected benefit obligations:
Projected benefit obligations at beginning of year	$	2,725		3,482
Interest cost	111			117
Actuarial loss (gain)	107			(827	)
Benefits paid	(53		)	(47	)
Projected benefit obligations at end of year	2,890			2,725
Changes in plan assets:
Fair value of plan assets at beginning of year	—			—
Contributions	53			47
Benefits paid	(53		)	(47	)
Fair value of plan assets at end of year	—			—
Funded status at end of year	$	(2,890	)	(2,725	)

Schedule of Amounts Recognized in Consolidated Financial Statements and in Other Comprehensive Income

	December 31,
	2014			2013
	(In thousands)
Amounts recognized in the Company's consolidated financial statements:
Assets	$	—		—
Liabilities	(2,890		)	(2,725	)
Net amount recognized	$	(2,890	)	(2,725	)
Amounts recognized in accumulated other comprehensive income:
Net loss	$	128		18
Prior service cost	464			567
Net amount recognized	$	592		585

Schedule of Components of Periodic Benefit Cost

Components of Net Periodic Benefit Cost

	Years Ended December 31,
	2014			2013		2012
	(In thousands)
Components of net periodic benefit cost:
Interest cost	$	111		117		129
Amortization of prior service cost	103			103		103
Amortization of net loss	(4		)	33		41
Net periodic benefit cost	210			253		273
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net (gain) loss	107			(827	)
Amortization of prior service cost	(103		)	(103	)
Amortization of net (gain) loss	4			(33	)
Total recognized in other comprehensive income	8			(963	)
Total recognized in net periodic benefit cost and other comprehensive income	$	218		(710	)

Schedule of Assumptions Used

Assumptions

	December 31,
	2014		2013
Weighted-average assumptions used to determine benefit obligations:
Discount rate	3.75	%	4.60	%
Expected long-term return on plan assets	n/a		n/a

For measurement purposes, a 8% annual rate of increase in the per capita cost of covered health care benefits was assumed for 2015 and future years.

Assumed health care trend rates have a significant effect on the amounts reported for the health care plans.  A one percentage point change in assumed health care cost trend rates would have the following effects for the years ended December 31:

	December 31, 2014				December 31, 2013
	1% Point Increase		1% Point Decrease		1% Point Increase	1% Point Decrease
	(In thousands)
Effect on total of service and interest cost components	$	22	(17	)	25	(20	)
Effect on postretirement benefit obligation	$	595	(466	)	575	(447	)

Schedule of Expected Benefit Payments

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid (in thousands):

2015	$	70
2016	76
2017	82
2018	89
2019	96
2019-2023	607