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Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2014

Long-Term Incentive Compensation Plan Expense

The following table summarizes the LTIP expense for each of the three years ended December 31, 2014:



(In thousands)	2014		2013		2012
2008 grant	$	—	$	—	$	4,283
2011 grant	9,855		6,939		6,822
2013 grant	9,493		7,231		—
2014 grant	3,663		—		—
Total	$	23,011	$	14,170	$	11,105

- Definition

Tabular disclosure of pension and other postretirement benefit arrangements with individual employees, which are generally based on employment contracts between the entity and one or more selected officers or key employees, and which contain a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period and the carrying amount as of the balance sheet date of the related liability.

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