Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

The following table sets forth the change in projected benefit obligation for the periods indicated:


	Year Ended December 31,
	2013			2012
Projected benefit obligation at beginning of year	$	57,246		$	54,485
Service cost		0			0
Actuarial (gain) loss		(5,345	)		3,180
Interest cost		1,756			2,062
Benefits paid		(4,245	)		(2,481	)
Plan amendments		0			0

Projected benefit obligation at end of year	$	49,412		$	57,246
Fair value of plan assets at end of year		76,710			64,390

Funded status at end of year	$	27,298		$	7,144

Defined Benefit Plans

The following table sets forth the funded status of our defined benefit plans that was recognized on our Consolidated Balance Sheets as of the dates indicated:


	As of December 31,
	2013			2012
Non-current assets	$	27,584		$	7,459
Non-current (liabilities)		(286	)		(315	)

Total	$	27,298		$	7,144

Change in Fair Value of Plan Assets

The following table sets forth the change in the fair value of plan assets for the periods indicated:


	Year Ended December 31,
	2013			2012
Fair value of plan assets at beginning of year	$	64,390		$	58,839
Actual return on plan assets		16,565			8,032
Employer contributions		0			0
Benefits paid		(4,245	)		(2,481	)

Fair value of plan assets at end of year	$	76,710		$	64,390

Fair Value of Total Plan Assets by Major Asset Category

The following tables set forth the fair value of total plan assets by major asset category as of the dates indicated:


	Fair Value Measurements as of December 31, 2013
Asset Category	Total		(Level 1) Quoted Prices in Active Markets for Identical Assets		(Level 2) Significant Other Observable Inputs		(Level 3) Significant Unobservable Inputs
Cash and cash equivalents	$	934	$	934	$	0	$	0
Fixed income securities ^(a)		12,596		12,596		0		0
Equity securities:
Domestic large cap		40,669		40,669		0		0
Mid cap value/growth ^(a)		12,610		12,610		0		0
Small cap value/growth ^(a)		7,163		7,163		0		0
Foreign equities		2,738		2,738		0		0

Total	$	76,710	$	76,710	$	0	$	0

^(a)	Mutual funds.


	Fair Value Measurements as of December 31, 2012
Asset Category	Total		(Level 1) Quoted Prices in Active Markets for Identical Assets		(Level 2) Significant Other Observable Inputs		(Level 3) Significant Unobservable Inputs
Cash and cash equivalents	$	1,078	$	1,078	$	0	$	0
Fixed income securities ^(a)		17,318		17,318		0		0
Equity securities:
Domestic large cap		29,594		29,594		0		0
Mid cap value/growth ^(a)		9,090		9,090		0		0
Small cap value/growth ^(a)		5,137		5,137		0		0
Foreign equities		2,173		2,173		0		0

Total	$	64,390	$	64,390	$	0	$	0

^(a)	Mutual funds.

Amounts in Accumulated Other Comprehensive Loss on Consolidated Balance Sheets that have not been Recognized as Components of Net Periodic Pension Benefit Cost

The following table sets forth the amounts in Accumulated other comprehensive loss on our Consolidated Balance Sheets that have not been recognized as components of net periodic pension benefit cost as of the dates indicated:.


	As of December 31,
	2013			2012
Net actuarial (loss)	($	546	)	($	20,191	)
Prior service credit		5,578			7,133

Total accumulated other comprehensive income (loss)	$	5,032		($	13,058	)

Income tax benefit (expense)		(1,886	)		5,128

Total accumulated other comprehensive income (loss), net of tax	$	3,146		($	7,930	)

Schedule of Changes in Components of Accumulated Other Comprehensive Loss

The following table sets forth the changes in the components of Accumulated other comprehensive loss on our Consolidated Balance Sheet in the fiscal year ended December 31, 2013:


	Defined Benefit Pension Items
	Accumulated Other Comprehensive Income (Loss)			Income Tax Benefit (Expense)			Accumulated Other Comprehensive Income (Loss) Net of Income Tax
Balance at January 1, 2013	($	13,058	)	$	5,128		($	7,930	)
Net actuarial gain		17,566			(6,811	)		10,755
Settlement gain		42			(17	)		25
Amortization of:
Actuarial (gains)/losses		2,037			(790	)		1,247
Prior service costs/(credits)		(1,555	)		604			(951	)

Balance at December 31, 2013	$	5,032		($	1,886	)	$	3,146

Components of Net Periodic Pension Benefit of Pension Plan and Excess Pension Plan

The following table sets forth the components of net periodic pension benefit (income) in the periods indicated:


	Year Ended December 31,
	2013			2012			2011
Interest cost	$	1,756		$	2,062		$	2,405
Expected return on assets		(4,344	)		(4,231	)		(4,756	)
Recognized net actuarial loss		2,037			2,718			1,803
Amortization of prior service (credit) cost		(1,555	)		(1,555	)		(1,555	)
Settlement loss		42			792			1,204

Total net periodic pension benefit (income)	($	2,064	)	($	214	)	($	899	)

Plan Assets and Projected Benefit Obligations Recognized in Other Comprehensive (Income) Loss

The following table sets forth the amounts related to changes in plan assets and projected benefit obligations that were recognized in other comprehensive (income) loss in the periods indicated:


	Year Ended December 31,
	2013			2012			2011
Net actuarial (gain) loss	($	17,566	)	($	621	)	$	9,504
Amortization of net actuarial loss		(2,037	)		(2,718	)		(1,803	)
Prior service cost (credit)		0			0			0
Amortization of prior service cost (credit)		1,555			1,555			1,555
Settlement		(42	)		(792	)		(1,204	)

Other comprehensive (income) loss	($	18,090	)	($	2,576	)	$	8,052

Total recognized in net periodic pension benefit (income) and other comprehensive (income) loss	($	20,154	)	($	2,790	)	$	7,153

Benefit Payments Expect to Pay from Pension Plans

The following table sets forth the benefit payments that we expect to pay from the pension plans in the periods indicated:


Year	Amount
Fiscal 2014	$	3,576
Fiscal 2015	$	3,464
Fiscal 2016	$	4,315
Fiscal 2017	$	4,896
Fiscal 2018	$	3,538
Fiscal 2019 – 2023	$	16,838

Net Periodic Pension Cost [Member]

Weighted-Average Assumptions used to Determine Benefit Obligations

The weighted-average assumptions used to determine net periodic pension benefit cost in the years ended December 31, 2013, 2012 and 2011 are as follows:


	2013			2012			2011
Discount rate		3.25	%		4.00	%		5.00	%
Expected long-term return on plan assets		7.00	%		7.50	%		8.00	%
Rate of compensation increase		N/A			N/A			N/A

Defined Benefit Obligations [Member]

Weighted-Average Assumptions used to Determine Benefit Obligations

The weighted-average assumptions used to determine benefit obligations as of December 31, 2013 and 2012 are as follows:


	2013			2012
Discount rate		4.25	%		3.25	%
Rate of compensation increase		N/A			N/A