Pension, Postretirement and Postemployment Benefits (Tables)

12 Months Ended

Dec. 31, 2014

Pension, Postretirement and Postemployment Benefits

Pool pension plan

	Pension Benefits
	2014			2013
	(In thousands)
Change in benefit obligation:
Benefit obligation at beginning of year	$	26,193		$	29,205
Interest cost		1,219			1,078
Actuarial loss (gain)		5,974			(3,360	)
Benefit payments		(791	)		(730	)
Benefit obligation at end of year(1)	$	32,595		$	26,193
Change in plan assets:
Fair value of plan assets at beginning of year	$	21,384		$	18,780
Actual (loss) returns on plan assets		1,690			2,736
Employer contributions		1,251			598
Benefit payments		(791	)		(730	)
Fair value of plan assets at end of year	$	23,534		$	21,384
Funded status:
Underfunded status at end of year	$	(9,061	)	$	(4,809	)
Amounts recognized in consolidated balance sheets:
Other long-term liabilities	$	(9,061	)	$	(4,809	)

(1) As of December 31, 2014 and 2013, the accumulated benefit obligation was the same as the projected benefit obligation.

	Year Ended December 31,
	2014			2013			2012
	(In thousands)
Components of net periodic benefit cost (recognized in our consolidated statements of income (loss)):
Interest cost	$	1,219		$	1,078		$	1,116
Expected return on plan assets		(1,401	)		(1,210	)		(1,086	)
Recognized net actuarial loss		485			1,123			1,034
Net periodic benefit cost	$	303		$	991		$	1,064
Weighted-average assumptions:
Weighted-average discount rates		4.00	%		4.75	%		3.75	%
Expected long-term rate of return on plan assets		6.00	%		6.50	%		6.50	%

Investments within the fair value of Pool Pension Plan

	Fair Value as of December 31, 2014
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:(1)
Cash	$	—	$	745	$	—	$	745
Short-term investments:
Available-for-sale equity securities(2)		—		13,056		—		13,056
Available-for-sale debt securities(3)		—		9,733		—		9,733
Total investments		—		22,789		—		22,789
Total	$	—	$	23,534	$	—	$	23,534

(1)	Includes investments in collective trust funds that are valued based on the fair value of the underlying investments using quoted prices in active markets or other significant inputs that are deemed observable.
(2)	Includes funds that invest primarily in U.S. common stocks and foreign equity securities.
(3)	Includes funds that invest primarily in investment grade debt.

Weighted-average asset allocations of Pool Pension Plan

	Pension Benefits
	2014			2013
Cash		3	%		3	%
Equity securities		56	%		56	%
Debt securities		41	%		41	%
Total		100	%		100	%

Benefits paid for five years thereafter

As of December 31, 2014, we expect that benefits to be paid in each of the next five years after 2014 and in the aggregate for the five years thereafter will be as follows:

	(In thousands)
2015	$	1,286
2016		1,369
2017		1,495
2018		1,603
2019		1,680
2020 - 2024		9,712
	$	17,145