Benefit Plans (Tables)

12 Months Ended

Dec. 31, 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. The table illustrates the reconciliation of the beginning and ending balances of the benefit obligation showing the effects during the periods presented attributable to service cost, interest cost, plan amendments, termination benefits, actuarial gains and losses. The assumptions used in the Company’s calculation of accrued pension costs are based on market information and the Company’s historical rates for employment compensation and discount rates.

	2015			2014
Accumulated Benefit Obligation, End of Year	$	20,323		$	19,280
Change in Projected Benefit Obligation
Projected Benefit Obligation, Beginning of Year	$	25,826		$	20,032
Service Cost	1,173			821
Interest Cost	1,082			935
Actuarial (Gain) Loss	(1,818		)	4,324
Benefits Paid	(328		)	(286		)
Projected Benefit Obligation, End of Year	$	25,935		$	25,826
Change in Plan Assets
Plan Assets at Fair Value, Beginning of Year	$	—		$	—
Company Contributions	328			286
Benefits Paid	(328		)	(286		)
Plan Assets at Fair Value, End of Year	$	—		$	—
Unfunded Status of the Plan	$	(25,935	)	$	(25,826	)
Amounts Recognized in Accumulated Other Comprehensive Income
Net Loss	4,743			6,988
Total Pension Cost	$	4,743		$	6,988

Components of Net Periodic Benefit Cost

	2015			2014
Components of Net Periodic Benefit Cost
Service Cost	$	1,173		$	821
Interest Cost	1,082			935
Amortization of:
Net Loss	427			127
Net Periodic Pension Cost	$	2,682		$	1,883
Weighted Average Assumptions for Expense
Discount Rate	4.75		%	4.35		%
Expected Return on Plan Assets	N/A			N/A
Rate of Compensation Increase	4.40		%	4.34		%

Benefit payments representing the company's obligations to employees

The benefit payments reflected in the table below represent the Company’s obligations to employees that are eligible for retirement or have already retired and are receiving deferred compensation benefits:

Fiscal Year	Pension Benefits
	(In thousands)
2016	$	7,968
2017	645
2018	640
2019	768
2020	785
Thereafter	15,129
	$	25,935