Investment Securities:

12 Months Ended

Dec. 31, 2014

Investment Securities [Abstract]

Investment Securities [Text Block]

Investment Securities

Our investment securities consist of certificates of deposit, corporate bonds, commercial paper and federal-tax-exempt state and municipal government debt.  All investment securities are considered available-for-sale and are “investment grade,” carried at fair value and there have been no gains or losses on their disposal.  Unrealized gains and losses on available-for-sale securities, net of tax, are included in accumulated other comprehensive income in the stockholders' equity section of our consolidated balance sheets. We have no gross unrealized gains or losses on available-for-sale securities at December 31, 2014 or 2013.  The amortized cost of debt securities in this category is adjusted for amortization of premiums and accretion of discounts to maturity computed under the effective interest method. Such amortization is included in investment income in other income on our consolidated statements of income.

Balances consist of the following at December 31:

	2014		2013
Federal and municipal tax-exempt debt securities	$	15,013	$	21,968
Corporate bonds	46,209		45,696
Commercial paper	3,846		—
Certificates of deposit	5,884		3,205
	$	70,952	$	70,869

The scheduled maturities of the debt securities are between 2015 and 2045 and are all callable within one year.

Investment income, reflected in other income in our consolidated statements of income, was $0.4 million, $0.4 million and $0.3 million for the years ended December 31, 2014, 2013 and 2012, respectively.