Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2014

Information about Pension Plan

Information about the pension plan is as follows.

	2014			2013
Change in benefit obligation:
Beginning benefit obligation	$	18,456		$	21,604
Service cost		306			1,204
Interest cost		639			884
Curtailment gain		(4,039	)		—
Settlement loss		55			821
Actuarial (gain)/loss		3,007			(1,272	)
Benefits paid		(1,471	)		(4,785	)
Ending benefit obligation		16,953			18,456
Change in plan assets, at fair value:
Beginning plan assets		15,466			13,441
Actual return		703			1,943
Employer contribution		1,515			4,900
Benefits paid		(1,471	)		(4,785	)
Administrative expenses		(29	)		(33	)
Ending plan assets		16,184			15,466
Funded status at end of year	$	(769	)	$	(2,990	)

Components of Net Periodic Pension Expense

The components of net periodic pension expense were as follows.

	2014			2013
Service cost	$	306		$	1,204
Interest cost		639			884
Expected return on plan assets		(1,021	)		(965	)
Net amortization and deferral		334			698
Net periodic benefit cost	$	258		$	1,821
Net loss (gain) recognized in other comprehensive income		(1,228	)		(4,406	)
Total recognized in net periodic benefit cost and other comprehensive income (before tax)	$	(970	)	$	(2,585	)

Schedule of Target Allocation and Expected Long-Term Rate of Return by Asset Category

The Company’s pension plan asset allocation at year-end 2013 and 2014 and target allocation for 2015 by asset category are as follows.

	Target Allocation			Percentage of Plan Assets at Year- end
Asset Category	2015			2014			2013
Equity securities		20-50	%		46.7	%		46.5	%
Debt securities		30-60			48.3			53.0
Money market funds		20-30			5.0			0.5
Total					100.0	%		100.0	%

Plan's Assets at Fair Value Hierarchy

The following tables set forth by level, within the fair value hierarchy, the Pension Plan’s assets at fair value as of December 31, 2014 and 2013:

	December 31, 2014
	Level 1		Level 2		Level 3		Total
Assets:
Cash	$	3	$	—	$	—	$	3
Money market funds		91		—		—		91
Bond mutual funds		23		—		—		23
Common/collective trust:
Bonds		7,802		—		—		7,802
Equities		6,383		—		—		6,383
Equity market funds:
Commodity mutual funds		19		—		—		19
International		342		—		—		342
Large cap		1,150		—		—		1,150
Mid cap		253		—		—		253
Small cap		118		—		—		118
Total assets at fair value	$	16,184	$	—	$	—	$	16,184

	December 31, 2013
	Level 1		Level 2		Level 3		Total
Assets:
Money market funds	$	79	$	—	$	—	$	79
Bond mutual funds		48		—		—		48
Common/collective trust:
Bonds		8,140		—		—		8,140
Equities		5,439		—		—		5,439
Equity market funds:
Commodity mutual funds		21		—		—		21
International		337		—		—		337
Large cap		1,093		—		—		1,093
Mid cap		181		—		—		181
Small cap		128		—		—		128
Total assets at fair value	$	15,466	$	—	$	—	$	15,466

Summary of Expected Benefit Payments

Expected benefit payments, which reflect expected future service, are as follows.

2015	$	234
2016		297
2017		457
2018		481
2019		581
2020 through 2024		3,843
Total	$	5,893

Benefit Obligations [Member]

Weighted Average Assumptions Used to Determine Benefit Obligations

The weighted average assumptions used to determine benefit obligations at year-end were as follows.

	2014			2013
Discount rate on benefit obligation		3.69	%		4.38	%
Long-term rate of return on plan assets		7.00	%		7.00	%
Rate of compensation increase		0.00	%		3.00	%

Net Periodic Pension Cost [Member]

Weighted Average Assumptions Used to Determine Benefit Obligations

The weighted average assumptions used to determine net periodic pension cost were as follows.

	2014			2013
Discount rate on benefit obligation		4.38	%		3.72	%
Long-term rate of return on plan assets		7.00	%		7.00	%
Rate of compensation increase		3.00	%		3.00	%