Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Components of Net Periodic Benefit Cost (Credit)

The following table summarizes the components of net periodic benefit cost (credit) related to the Company’s post-retirement plans for the three month and nine month periods ended September 30, 2014 and 2013:

	Pension Plans						Medical Plan
	Three Months Ended September 30,
	2014			2013			2014			2013
Components of Net Benefit Cost (Credit):
Service cost	$	267		$	315		$	7		$	12
Interest cost		7,636			6,744			49			46
Expected return on plan assets		(8,253	)		(6,701	)		–			–
Amortization of:
Prior service cost		708			708			–			–
Net actuarial loss (gain)		1,096			919			(131	)		–
Net benefit cost (credit)	$	1,454		$	1,985		$	(75	)	$	58

	Pension Plans						Medical Plan
	Nine Months Ended September 30,
	2014			2013			2014			2013
Components of Net Benefit Cost (Credit):
Service cost	$	718		$	938		$	24		$	39
Interest cost		22,807			20,193			146			137
Expected return on plan assets		(24,560	)		(20,090	)		–			–
Amortization of:
Prior service cost		2,176			2,114			–			–
Net actuarial loss (gain)		3,325			2,745			(396	)		–
Net benefit cost (credit)	$	4,466		$	5,900		$	(226	)	$	176