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Employee Benefit Plan (Tables)
12 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Change in Projected Benefit Obligation and Plan Assets
Change in projected benefit obligation and plan assets:
 
 
2014
 
2013
Projected benefit obligation, beginning of year
$
23,531


$
26,741

Service cost


225

Interest cost
625


653

Actuarial loss (gain)
2,245


(888
)
Benefits paid
(95
)

(101
)
Settlements
(26,306
)

(3,099
)
Projected benefit obligation, end of year
$


$
23,531

 
 
 
 
Fair value of assets, beginning of year
$
58,648


$
60,097

Actual return on assets
14


2,378

Benefits and expenses paid
(595
)

(728
)
Settlements
(26,306
)

(3,099
)
Assets contributed to 401(k) Plan
(7,940
)
 

Assets reverted to the Company
(23,821
)
 

Fair value of assets, end of year
$


$
58,648

 
 

 
 

Funded status at end of year
$

 
$
35,117

 
 

 
 

Ratio of plan assets to projected benefit obligation
%
 
249
%
Summary of Components of Net Periodic Pension Cost (Benefit)
A summary of the net periodic pension cost and other amounts recognized in other comprehensive income (loss) are as follows:
 
2014
 
2013
 
2012
Service cost
$

 
$
225

 
$
889

Interest cost
625

 
653

 
712

Expected return on assets
550

 
(443
)
 
(2,315
)
Amortization of prior service costs

 

 
440

Amortization of loss
465

 
326

 
48

Settlement charges
7,107

 
739

 
1,162

Curtailment charge

 

 
2,063

Net periodic pension cost
$
8,747

 
$
1,500

 
$
2,999

 
 
 
 
 
 
Other changes in plan assets and obligations recognized in Other comprehensive income:
 
 
 
 
 
Prior service cost

 

 
(2,503
)
(Gain) loss
(5,392
)
 
(3,260
)

1,275

Total other comprehensive income
(5,392
)
 
(3,260
)
 
(1,228
)
Total net periodic pension cost and other comprehensive income (loss)
$
3,355

 
$
(1,760
)

$
1,771

 
 
 
 
 
 
Schedule of Assumptions Used
Assumptions used to develop end of period benefit obligations:
 
 
2014
 
2013
Discount rate
N/A
 
4.37%
Rate of compensation increase
N/A
 
N/A

Assumptions used to develop net periodic pension cost: 
 
2014
 
2013
 
2012
Discount rate
3.75%
 
4.37%
 
3.50%
Expected long-term rate on plan assets
—%
 
—%
 
4.75%
Rate of compensation increase
N/A
 
N/A
 
N/A
Plan Assets at Fair Value
The following tables sets forth by level within the fair value hierarchy for Plan assets at December 31, 2013.
Assets at Fair Value as of December 31, 2013
 
Asset Category:
Level 1
 
Level 2
 
Level 3
 
Total
Cash
$
115

 
$

 
$


$
115

Money market funds
697

 

 


697

U.S. Treasuries
57,836

 

 


57,836

Total
$
58,648


$


$


$
58,648

 
 
 
 
 
 
 
 

Changes in the Fair Value of the Plan’s Level 3 Assets
The following table sets forth a summary of changes in the fair value of the Pension Plan’s level 3 assets for the year ended December 31, 2013. There were no level 3 assets in the Pension Plan during 2014.
 
 
2013
Balance, beginning of year
$
927

Sales
(1,648
)
Realized gain on sale
721

Unrealized gains relating to instruments still held at the reporting date

Balance, end of year
$