XML 43 R32.htm IDEA: XBRL DOCUMENT v3.5.0.2
Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2016
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, 2016
 
Year Ended December 2015
Change in Projected Benefit Obligation
 
 
 
Projected benefit obligation, beginning of period
$
25,935

 
$
25,826

Service cost
497

 
1,173

Interest cost
578

 
1,082

Actuarial gain

 
(1,818
)
Benefits paid
(168
)
 
(328
)
Projected benefit obligation, end of period
$
26,842

 
$
25,935

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

 
$

Company contributions
168

 
328

Benefits paid
(168
)
 
(328
)
Plan assets at fair value, end of period
$

 
$

Unfunded Status of the Plan
$
(26,842
)
 
$
(25,935
)
Components of Net Periodic Benefit Cost
 
Three Months Ended
 
Six Months Ended
 
June 30, 2016
 
June 30, 2015
 
June 30, 2016
 
June 30, 2015
Components of Net Periodic Benefit Cost
 
 
 
 
 
 
 
Service cost
$
249

 
$
293

 
$
497

 
$
586

Interest cost
289

 
271

 
578

 
541

Net loss
53

 
107

 
107

 
213

Net periodic pension cost
$
591

 
$
671

 
$
1,182

 
$
1,340