Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2020

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.

	December 31, 2020			December 31, 2019
Accumulated Benefit Obligation, End of Year	$	25,229		$	30,139
Change in Projected Benefit Obligation
Projected Benefit Obligation, Beginning of Year	$	37,551		$	32,474
Service Cost		1,254			998
Interest Cost		1,306			1,393
Other reclassification [1]		(8,925	)		—
Actuarial (Gain) Loss		3,180			3,449
Benefits Paid		(836	)		(763	)
Projected Benefit Obligation, End of Year	$	33,530		$	37,551
Change in Plan Assets
Plan Assets at Fair Value, Beginning of Year	$	—		$	—
Company Contributions		836			763
Benefits Paid		(836	)		(763	)
Plan Assets at Fair Value, End of Year	$	—		$	—
Unfunded Status of the Plan	$	(33,530	)	$	(37,551	)
Amounts Recognized in Accumulated Other Comprehensive Income
Net Loss		10,925			8,285
Total Pension Cost	$	10,925		$	8,285

Components of Net Periodic Benefit Cost

	2020			2019
Components of Net Periodic Benefit Cost
Service Cost	$	1,254		$	998
Interest Cost		1,306			1,393
Amortization of:
Net Loss		540			210
Net Periodic Pension Cost	$	3,100		$	2,601
Weighted Average Assumptions for Expense
Discount Rate		2.80	%		3.40	%
Expected Return on Plan Assets	N/A			N/A
Rate of Compensation Increase		4.40	%		4.40	%

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)
2021	$	921
2022		913
2023		904
2024		994
2025		1,062
Thereafter		28,736
	$	33,530