Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value Measurements [Abstract]

Schedule of financial assets and liabilities, at fair value

As indicated in the tables below (which excludes the Company's pension assets), the Company has determined that all of its financial assets and liabilities as of September 30, 2013 and December 31, 2012 are level 1 and level 2 in the fair value hierarchy as defined above (in thousands):

	September 30, 2013
	Level 1		Level 2		Total
Financial Assets:
Trading equity securities:
SERP money market fund	$	998	$	-	$	998
SERP mutual funds		2,248		-		2,248
Preferred stocks		676		-		676
Short-term investment in mutual funds		15,536		-		15,536
Trading debt securities:
Corporate bonds		3,815		1,227		5,042
Municipal bonds		-		1,449		1,449
Floating rate notes		102		467		569
U.S. Treasury bonds and bills		472		-		472
Other		-		952		952
Short-term derivative financial instruments		-		216		216
Total financial assets	$	23,847	$	4,311	$	28,158
Financial Liabilities:
SERP liabilities	$	-	$	7,394	$	7,394
Total financial liabilities	$	-	$	7,394	$	7,394

	December 31, 2012
	Level 1		Level 2		Total
Financial Assets:
Trading equity securities:
SERP money market fund	$	996	$	-	$	996
SERP mutual funds		1,835		-		1,835
Preferred stocks		720		-		720
Trading debt securities:
Corporate bonds		3,342		909		4,251
Municipal bonds		1,449		957		2,406
Floating rate notes		749		-		749
U.S. treasury bonds		200		-		200
Other		-		409		409
Total financial assets	$	9,291	$	2,275	$	11,566
Financial Liabilities:
SERP liabilities	$	-	$	6,674	$	6,674
Short-term derivative financial instruments		-		145		145
Total financial liabilities	$	-	$	6,819	$	6,819