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Pension and Retirement Plans (Tables)
12 Months Ended
Dec. 31, 2017
Pension and Retirement Plans [Abstract]  
Benefit obligations, plan assets and the funded status of plans
The following provides information regarding benefit obligations, plan assets and the funded status of the plan:

  
Pension Benefits
 
  
2017
  
2016
 
Change in benefit obligation
      
Benefit obligation, beginning of year
 
$
16,104
  
$
15,565
 
Interest cost
  
630
   
650
 
Actuarial loss
  
867
   
514
 
Benefits paid
  
(685
)
  
(625
)
Benefit obligation, end of year
  
16,916
   
16,104
 
Accumulated benefit obligation
  
16,916
   
16,104
 
Change in plan assets
        
Fair value of plan assets, beginning of year
  
13,241
   
12,688
 
Actual gain on plan assets
  
1,746
   
763
 
Employer contribution
  
415
   
415
 
Benefits paid
  
(685
)
  
(625
)
Fair value of plan assets, end of year
  
14,717
   
13,241
 
Funded status, end of year
 
$
(2,199
)
 
$
(2,863
)
Schedule of amounts recognized in balance sheet
Amounts recognized in the consolidated balance sheets
        
Noncurrent liabilities
 
$
(2,199
)
 
$
(2,863
)
Net amount recognized
 
$
(2,199
)
 
$
(2,863
)
Schedule of defined benefit plan amounts recognized in other comprehensive loss
Amounts recognized in accumulated other comprehensive loss
consist of
        
Net loss
 
$
5,463
  
$
6,152
 
Net amount recognized
 
$
5,463
  
$
6,152
 
Schedule of assumptions used
Weighted average assumptions used to determine benefit obligations as of December 31
        
Discount rate
  
3.50
%
  
4.00
%
Expected return on plan assets
  
6.25
%
  
6.25
%
Rate of compensation increase
  
N/A
   
N/A
 
Allocation of pension plan assets and target allocation range of assets
The allocation of assets within the mutual fund as of December 31 and the target asset allocation ranges by asset category are as follows:

Asset Category
 
Actual
Allocation
2017
  
Actual
Allocation
2016
  
2017 &
2016 Target
Allocation
Ranges
 
Equity securities
  
49.4
%
  
63.6
%
  
40 - 65
%
Debt securities
  
43.2
%
  
33.5
%
  
30 - 50
%
Cash and Equivalents
  
7.4
%
  
2.9
%
  
0 - 15
%
Total
  
100.0
%
  
100.0
%
    
Periodic benefit costs for defined benefit plans
Net periodic benefit cost for 2017, 2016 and 2015 included the following components:

  
Pension Benefits
 
  
2017
  
2016
  
2015
 
Components of net periodic benefit cost
         
Interest cost
 
$
630
  
$
650
  
$
596
 
Expected return on plan assets
  
(720
)
  
(782
)
  
(840
)
Amortization of actuarial loss
  
530
   
480
   
500
 
Net periodic benefit cost
  
440
   
348
   
256
 
Other changes in plan assets and benefit obligations recognized in
other comprehensive income (loss)
            
Net actuarial gain (loss) for the year
  
(159
)
  
533
   
702
 
Amortization of net loss
  
(530
)
  
(480
)
  
(500
)
Total recognized in other comprehensive income (loss)
  
(689
)
  
53
   
202
 
Total recognized in net periodic benefit cost and other comprehensive income (loss)
 
$
(249
)
 
$
401
  
$
458
 
 
Weighted average assumptions used to determine net periodic benefit cost for years ended December 31
            
Discount rate
  
4.00
%
  
4.28
%
  
3.81
%
Expected return on plan assets
  
6.25
%
  
7.00
%
  
7.00
%
Summary of estimated future benefit payments
The following estimated future benefit payments are expected in the years indicated:

  
Pension Benefits
 
2018
 
$
800
 
2019
  
830
 
2020
  
860
 
2021
  
890
 
2022
  
9,100
 
2023 - 2027
  
4,810
 
Assets of the supplemental executive retirement plan
Assets of the SERP consist of the following:

 
December 31, 2017
 
December 31, 2016
 
 
Cost
 
Market
 
Cost
 
Market
 
Company stock
 
$
1,960
  
$
3,589
  
$
1,958
  
$
4,455
 
Equity securities
  
4,589
   
4,963
   
3,474
   
3,427
 
Total
 
$
6,549
  
$
8,552
  
$
5,432
  
$
7,882