XML 98 R58.htm IDEA: XBRL DOCUMENT v2.4.0.8
RETIREMENT AND DEFERRED COMPENSATION PLANS (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Level 3 | Infrastructure
     
Change in plan assets:      
Fair value of plan assets at end of year $ 8,587,000 $ 8,015,000 $ 5,670,000
Plan Assets:      
Total Investments 8,587,000 8,015,000 5,670,000
Level 3 | Hedge Fund
     
Change in plan assets:      
Fair value of plan assets at end of year 9,731,000 8,575,000 7,497,000
Plan Assets:      
Total Investments 9,731,000 8,575,000 7,497,000
Domestic Plans
     
Change in benefit obligation:      
Benefit obligation at beginning of year 136,321,000 111,947,000  
Service cost 8,539,000 7,217,000 5,436,000
Interest cost 4,992,000 4,913,000 4,504,000
Actuarial (gain) loss (14,260,000) 18,743,000  
Benefits paid (6,144,000) (6,499,000)  
Benefit obligation at end of year 129,448,000 136,321,000 111,947,000
Change in plan assets:      
Fair value of plan assets at beginning of year 84,587,000 68,537,000  
Actual return on plan assets 12,063,000 8,342,000  
Employer contribution 10,061,000 14,207,000  
Benefits paid (6,144,000) (6,499,000)  
Fair value of plan assets at end of year 100,567,000 84,587,000 68,537,000
Funded status at end of year (28,881,000) (51,734,000)  
Funded status amounts recognized in Consolidated Balance Sheet      
Current liabilities (809,000) (369,000)  
Non-current liabilities (28,072,000) (51,365,000)  
Funded status amount (28,881,000) (51,734,000)  
Amounts recognized in accumulated other comprehensive loss      
Net actuarial loss 32,930,000 58,580,000  
Net prior service cost   3,000  
Tax effects (12,349,000) (21,969,000)  
Net amount recognized 20,581,000 36,614,000  
Changes in benefit obligations and plan assets recognized in other comprehensive income      
Current year actuarial gain 20,548,000    
Amortization of net loss 5,103,000    
Amortization of prior service cost 3,000    
Net amount recognized 25,654,000    
Amounts in accumulated other comprehensive loss expected to be recognized as components of periodic benefit cost in 2014      
Amortization of net loss 2,787,000    
Amount expected to be recognized in next fiscal year 2,787,000    
Components of net periodic benefit cost:      
Service cost 8,539,000 7,217,000 5,436,000
Interest cost 4,992,000 4,913,000 4,504,000
Expected return on plan assets (5,775,000) (5,604,000) (4,790,000)
Amortization of net loss 5,103,000 3,854,000 1,652,000
Amortization of prior service cost 3,000 4,000 4,000
Net periodic benefit cost 12,862,000 10,384,000 6,806,000
Total net periodic benefit cost 12,862,000 10,384,000 6,806,000
Accumulated benefit obligation 114,600,000 118,800,000  
Projected benefit obligation ("PBO"), ABO, and fair value of plan assets for all pension plans with an ABO in excess of plan assets      
Projected benefit obligation 129,448,000 136,321,000  
Accumulated benefit obligation 114,592,000 118,804,000  
Fair value of plan assets 100,567,000 84,587,000  
PBO, ABO, and fair value of plan assets for all pension plans with a PBO in excess of plan assets      
Projected benefit obligation 129,448,000 136,321,000  
Accumulated benefit obligation 114,592,000 118,804,000  
Fair value of plan assets 100,567,000 84,587,000  
Weighted-average assumptions used to determine benefit obligations      
Discount rate (as a percent) 4.75% 3.80%  
Rate of compensation increase (as a percent) 4.00% 4.00%  
Weighted-average assumptions used to determine net periodic benefit cost      
Discount rate (as a percent) 3.80% 4.40% 5.40%
Expected long-term return on plan assets (as a percent) 7.00% 7.00% 7.00%
Rate of compensation increase (as a percent) 4.00% 4.00% 4.00%
Plan Assets:      
Weighted-average asset allocations (as a percent) 100.00% 100.00%  
Total Investments 100,567,000 84,587,000 68,537,000
Expected contribution in next fiscal year 10,000,000    
Estimated benefit payments relating to defined benefit plans over the next ten years      
2014 7,579,000    
2015 7,351,000    
2016 7,744,000    
2017 10,174,000    
2018 9,569,000    
2019 - 2023 55,864,000    
Domestic Plans | Cash and Short Term Securities
     
Change in plan assets:      
Fair value of plan assets at end of year 9,070,000 887,000  
Plan Assets:      
Total Investments 9,070,000 887,000  
Domestic Plans | Equity Securities
     
Change in plan assets:      
Fair value of plan assets at beginning of year 42,523,000    
Fair value of plan assets at end of year 49,261,000    
Plan Assets:      
Weighted-average asset allocations (as a percent) 59.00% 60.00%  
Target allocation (as a percent) 60.00%    
Total Investments 49,261,000    
Domestic Plans | Fixed Income Securities
     
Plan Assets:      
Weighted-average asset allocations (as a percent) 24.00% 30.00%  
Domestic Plans | Infrastructure
     
Change in plan assets:      
Fair value of plan assets at end of year 8,587,000 8,015,000  
Plan Assets:      
Weighted-average asset allocations (as a percent) 8.00% 10.00%  
Total Investments 8,587,000 8,015,000  
Domestic Plans | Money market
     
Plan Assets:      
Weighted-average asset allocations (as a percent) 9.00%    
Domestic Plans | Fixed income securities and infrastructure
     
Plan Assets:      
Target allocation (as a percent) 40.00%    
Domestic Plans | Core Fixed Income
     
Change in plan assets:      
Fair value of plan assets at end of year 23,918,000 24,587,000  
Plan Assets:      
Total Investments 23,918,000 24,587,000  
Domestic Plans | Hedge Fund
     
Change in plan assets:      
Fair value of plan assets at end of year 9,731,000 8,575,000  
Plan Assets:      
Total Investments 9,731,000 8,575,000  
Domestic Plans | Level 1
     
Change in plan assets:      
Fair value of plan assets at end of year 82,249,000 67,997,000  
Plan Assets:      
Total Investments 82,249,000 67,997,000  
Domestic Plans | Level 1 | Cash and Short Term Securities
     
Change in plan assets:      
Fair value of plan assets at end of year 9,070,000 887,000  
Plan Assets:      
Total Investments 9,070,000 887,000  
Domestic Plans | Level 1 | Cash and Short Term Securities | USD
     
Change in plan assets:      
Fair value of plan assets at end of year 9,070,000 887,000  
Plan Assets:      
Total Investments 9,070,000 887,000  
Domestic Plans | Level 1 | Equity Securities
     
Change in plan assets:      
Fair value of plan assets at end of year 49,261,000 42,523,000  
Plan Assets:      
Total Investments 49,261,000 42,523,000  
Domestic Plans | Level 1 | US Large Cap Equities
     
Change in plan assets:      
Fair value of plan assets at end of year 20,159,000 17,142,000  
Plan Assets:      
Total Investments 20,159,000 17,142,000  
Domestic Plans | Level 1 | US Small Cap Equities
     
Change in plan assets:      
Fair value of plan assets at end of year 14,521,000 12,523,000  
Plan Assets:      
Total Investments 14,521,000 12,523,000  
Domestic Plans | Level 1 | International Equities
     
Change in plan assets:      
Fair value of plan assets at end of year 14,581,000 12,858,000  
Plan Assets:      
Total Investments 14,581,000 12,858,000  
Domestic Plans | Level 1 | Core Fixed Income
     
Change in plan assets:      
Fair value of plan assets at end of year 23,918,000 24,587,000  
Plan Assets:      
Total Investments 23,918,000 24,587,000  
Domestic Plans | Level 3
     
Change in plan assets:      
Fair value of plan assets at end of year 18,318,000 16,590,000  
Plan Assets:      
Total Investments 18,318,000 16,590,000  
Domestic Plans | Level 3 | Infrastructure
     
Change in plan assets:      
Fair value of plan assets at end of year 8,587,000 8,015,000  
Plan Assets:      
Total Investments 8,587,000 8,015,000  
Domestic Plans | Level 3 | Hedge Fund
     
Change in plan assets:      
Fair value of plan assets at end of year 9,731,000 8,575,000  
Plan Assets:      
Total Investments 9,731,000 8,575,000  
Foreign Plans
     
Change in benefit obligation:      
Benefit obligation at beginning of year 80,610,000 48,754,000  
Service cost 3,901,000 2,244,000 2,018,000
Interest cost 2,676,000 2,658,000 2,518,000
Business acquired   9,148,000  
Curtailment/Settlement (1,342,000)    
Actuarial (gain) loss (1,752,000) 17,905,000  
Benefits paid (2,952,000) (2,075,000)  
Foreign currency translation adjustment 3,519,000 1,976,000  
Benefit obligation at end of year 84,660,000 80,610,000 48,754,000
Change in plan assets:      
Fair value of plan assets at beginning of year 47,876,000 39,835,000  
Actual return on plan assets 1,742,000 1,547,000  
Employer contribution 5,419,000 7,381,000  
Business acquired   389,000  
Benefits paid (2,952,000) (2,075,000)  
Foreign currency translation adjustment 1,990,000 799,000  
Fair value of plan assets at end of year 54,075,000 47,876,000 39,835,000
Funded status at end of year (30,585,000) (32,734,000)  
Funded status amounts recognized in Consolidated Balance Sheet      
Current liabilities   (1,187,000)  
Non-current liabilities (30,585,000) (31,547,000)  
Funded status amount (30,585,000) (32,734,000)  
Amounts recognized in accumulated other comprehensive loss      
Net actuarial loss 24,844,000 29,265,000  
Net prior service cost 3,784,000 4,157,000  
Tax effects (9,116,000) (10,788,000)  
Net amount recognized 19,512,000 22,634,000  
Changes in benefit obligations and plan assets recognized in other comprehensive income      
Current year actuarial gain 3,005,000    
Amortization of net loss 1,416,000    
Amortization of prior service cost 373,000    
Net amount recognized 4,794,000    
Amounts in accumulated other comprehensive loss expected to be recognized as components of periodic benefit cost in 2014      
Amortization of net loss 1,255,000    
Amortization of prior service cost 324,000    
Amount expected to be recognized in next fiscal year 1,579,000    
Components of net periodic benefit cost:      
Service cost 3,901,000 2,244,000 2,018,000
Interest cost 2,676,000 2,658,000 2,518,000
Expected return on plan assets (1,821,000) (1,538,000) (1,753,000)
Amortization of net loss 1,416,000 475,000 836,000
Amortization of prior service cost 373,000 361,000 455,000
Net periodic benefit cost 6,545,000 4,200,000 4,074,000
Curtailment 1,000    
Total net periodic benefit cost 6,546,000 4,200,000 4,074,000
Accumulated benefit obligation 67,000,000 63,600,000  
Projected benefit obligation ("PBO"), ABO, and fair value of plan assets for all pension plans with an ABO in excess of plan assets      
Projected benefit obligation 77,475,000 77,663,000  
Accumulated benefit obligation 60,707,000 60,703,000  
Fair value of plan assets 47,753,000 44,930,000  
PBO, ABO, and fair value of plan assets for all pension plans with a PBO in excess of plan assets      
Projected benefit obligation 81,158,000 77,663,000  
Accumulated benefit obligation 63,527,000 60,703,000  
Fair value of plan assets 50,573,000 44,930,000  
Weighted-average assumptions used to determine benefit obligations      
Discount rate (as a percent) 3.24% 3.19%  
Rate of compensation increase (as a percent) 3.00% 3.00%  
Weighted-average assumptions used to determine net periodic benefit cost      
Discount rate (as a percent) 3.19% 5.10% 5.15%
Expected long-term return on plan assets (as a percent) 3.79% 3.83% 4.40%
Rate of compensation increase (as a percent) 3.00% 3.00% 3.00%
Plan Assets:      
Weighted-average asset allocations (as a percent) 100.00% 100.00%  
Total Investments 54,075,000 47,876,000 39,835,000
Expected contribution in next fiscal year 5,600,000    
Estimated benefit payments relating to defined benefit plans over the next ten years      
2014 2,529,000    
2015 2,133,000    
2016 2,678,000    
2017 3,146,000    
2018 3,825,000    
2019 - 2023 24,731,000    
Foreign Plans | Cash and Short Term Securities
     
Change in plan assets:      
Fair value of plan assets at end of year 757,000 5,560,000  
Plan Assets:      
Total Investments 757,000 5,560,000  
Foreign Plans | Equity Securities
     
Change in plan assets:      
Fair value of plan assets at end of year 2,547,000 655,000  
Plan Assets:      
Weighted-average asset allocations (as a percent) 5.00% 1.00%  
Total Investments 2,547,000 655,000  
Foreign Plans | Fixed Income Securities
     
Plan Assets:      
Weighted-average asset allocations (as a percent) 16.00% 6.00%  
Foreign Plans | Money market
     
Plan Assets:      
Weighted-average asset allocations (as a percent) 1.00% 12.00%  
Target allocation (as a percent) 4.00%    
Foreign Plans | Investment Funds
     
Change in plan assets:      
Fair value of plan assets at beginning of year 38,849,000    
Fair value of plan assets at end of year 42,261,000    
Plan Assets:      
Weighted-average asset allocations (as a percent) 78.00% 81.00%  
Target allocation (as a percent) 96.00%    
Total Investments 42,261,000    
Foreign Plans | Core Fixed Income
     
Change in plan assets:      
Fair value of plan assets at end of year 1,950,000 728,000  
Plan Assets:      
Total Investments 1,950,000 728,000  
Foreign Plans | Corporate debts securities
     
Change in plan assets:      
Fair value of plan assets at end of year 6,560,000 2,084,000  
Plan Assets:      
Total Investments 6,560,000 2,084,000  
Foreign Plans | Level 1
     
Change in plan assets:      
Fair value of plan assets at end of year 27,315,000 26,649,000  
Plan Assets:      
Total Investments 27,315,000 26,649,000  
Foreign Plans | Level 1 | Cash and Short Term Securities
     
Change in plan assets:      
Fair value of plan assets at end of year 757,000 5,560,000  
Plan Assets:      
Total Investments 757,000 5,560,000  
Foreign Plans | Level 1 | Cash and Short Term Securities | EUR
     
Change in plan assets:      
Fair value of plan assets at end of year 757,000 5,560,000  
Plan Assets:      
Total Investments 757,000 5,560,000  
Foreign Plans | Level 1 | Equity Securities
     
Change in plan assets:      
Fair value of plan assets at end of year 2,547,000 655,000  
Plan Assets:      
Total Investments 2,547,000 655,000  
Foreign Plans | Level 1 | Investment Funds
     
Change in plan assets:      
Fair value of plan assets at end of year 15,501,000 17,622,000  
Plan Assets:      
Total Investments 15,501,000 17,622,000  
Foreign Plans | Level 1 | International Equities
     
Change in plan assets:      
Fair value of plan assets at end of year 2,547,000 655,000  
Plan Assets:      
Total Investments 2,547,000 655,000  
Foreign Plans | Level 1 | Core Fixed Income
     
Change in plan assets:      
Fair value of plan assets at end of year 1,950,000 728,000  
Plan Assets:      
Total Investments 1,950,000 728,000  
Foreign Plans | Level 1 | Corporate debts securities
     
Change in plan assets:      
Fair value of plan assets at end of year 6,560,000 2,084,000  
Plan Assets:      
Total Investments 6,560,000 2,084,000  
Foreign Plans | Level 1 | Euro Corporate Bonds
     
Change in plan assets:      
Fair value of plan assets at end of year 6,560,000 2,084,000  
Plan Assets:      
Total Investments 6,560,000 2,084,000  
Foreign Plans | Level 1 | Mutual Funds in Equities
     
Change in plan assets:      
Fair value of plan assets at end of year 3,628,000 5,873,000  
Plan Assets:      
Total Investments 3,628,000 5,873,000  
Foreign Plans | Level 1 | Mutual Funds in Bonds
     
Change in plan assets:      
Fair value of plan assets at end of year 10,040,000 2,458,000  
Plan Assets:      
Total Investments 10,040,000 2,458,000  
Foreign Plans | Level 1 | Mutual Funds Diversified
     
Change in plan assets:      
Fair value of plan assets at end of year 1,833,000 9,291,000  
Plan Assets:      
Total Investments 1,833,000 9,291,000  
Foreign Plans | Level 2
     
Change in plan assets:      
Fair value of plan assets at end of year 26,760,000 21,227,000  
Plan Assets:      
Total Investments 26,760,000 21,227,000  
Foreign Plans | Level 2 | Investment Funds
     
Change in plan assets:      
Fair value of plan assets at end of year 26,760,000 21,227,000  
Plan Assets:      
Total Investments 26,760,000 21,227,000  
Foreign Plans | Level 2 | Mutual Funds Diversified
     
Change in plan assets:      
Fair value of plan assets at end of year 26,760,000 21,227,000  
Plan Assets:      
Total Investments 26,760,000 21,227,000  
Non-qualified supplemental pension plan
     
Non-qualified supplemental pension plan information      
Non funded liability $ 6,500,000 $ 6,400,000