XML 47 R36.htm IDEA: XBRL DOCUMENT v3.5.0.2
Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2016
Compensation And Retirement Disclosure [Abstract]  
Components of pension plan and SERP expense

The components of the Pension Plan and SERP expense consisted of the following:

 

 

 

Pension Plan

 

 

SERP

 

 

 

Six months ended June 30,

 

 

Six months ended June 30,

 

(in thousands)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Interest cost

 

$

1,552

 

 

$

1,464

 

 

$

866

 

 

$

670

 

Expected return on plan assets, net of expenses

 

 

(1,644

)

 

 

(1,898

)

 

 

-

 

 

 

-

 

Special termination benefits

 

 

-

 

 

 

831

 

 

 

-

 

 

 

293

 

Amortization of net loss

 

 

1,060

 

 

 

1,136

 

 

 

1,032

 

 

 

1,208

 

Settlement charges

 

 

 

 

 

 

1,958

 

 

 

 

 

 

 

-

 

Total

 

$

968

 

 

$

3,491

 

 

$

1,898

 

 

$

2,171

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Plan

 

 

SERP

 

 

 

Three months ended June 30,

 

 

Three months ended June 30,

 

(in thousands)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Interest cost

 

$

776

 

 

$

732

 

 

$

433

 

 

$

335

 

Expected return on plan assets, net of expenses

 

 

(822

)

 

 

(949

)

 

 

-

 

 

 

-

 

Special termination benefits

 

 

-

 

 

 

248

 

 

 

-

 

 

 

127

 

Amortization of net loss

 

 

530

 

 

 

568

 

 

 

516

 

 

 

604

 

Settlement charges

 

 

-

 

 

 

1,958

 

 

 

-

 

 

 

-

 

Total

 

$

484

 

 

$

2,557

 

 

$

949

 

 

$

1,066