XML 76 R34.htm IDEA: XBRL DOCUMENT v3.2.0.727
Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Components of Company Plan Benefit Expense
The following table summarizes key information related to the Company’s pension plans and retirement agreements (in thousands):  
 
Six Months Ended June 30, 2015
 
Year Ended December 2014
Change in Projected Benefit Obligation
 
 
 
Projected benefit obligation, beginning of period
$
25,826

 
$
20,032

Service cost
586

 
821

Interest cost
541

 
935

Actuarial loss

 
4,324

Benefits paid
(272
)
 
(286
)
Projected benefit obligation, end of period
$
26,681

 
$
25,826

Change in Plan Assets
 
 
 
Plan assets at fair value, beginning of period
$

 
$

Company contributions
272

 
286

Benefits paid
(272
)
 
(286
)
Plan assets at fair value, end of period
$

 
$

Unfunded Status of the Plan
$
(26,681
)
 
$
(25,826
)
Components of Net Periodic Benefit Cost
 
Three Months Ended
 
Six Months Ended
 
June 30, 2015
 
June 30, 2014
 
June 30, 2015
 
June 30, 2014
Components of Net Periodic Benefit Cost
 
 
 
 
 
 
 
Service cost
$
293

 
$
205

 
$
586

 
$
409

Interest cost
271

 
234

 
541

 
468

Net loss
107

 
32

 
213

 
64

Net periodic pension cost
$
671

 
$
471

 
$
1,340

 
$
941