XML 87 R36.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2011
Employee Benefit Plans [Abstract]  
Employee Benefits Charged To Operating Expenses
(In thousands)
2011
2010
2009
Payroll taxes
$
20,703

$
20,226

$
20,587

Medical plans
16,350

18,248

20,164

401K plan
11,728

11,448

9,771

Pension plans
994

1,815

3,023

Other
2,232

2,138

1,945

Total employee benefits
$
52,007

$
53,875

$
55,490

Benefit Obligations Of The CERP
(In thousands)
2011
2010
Projected benefit obligation
$
3,263

$
2,829

Accumulated benefit obligation
$
3,263

$
2,829

Components Of The Net Pension Cost
(In thousands)
2011
2010
2009
Service cost-benefits earned during the year
$
406

$
716

$
683

Interest cost on projected benefit obligation
5,366

5,505

5,473

Expected return on plan assets
(6,727
)
(6,614
)
(6,123
)
Amortization of unrecognized net loss
1,949

2,208

2,990

Net periodic pension cost
$
994

$
1,815

$
3,023

Summary Of Pension Plans Funded Status
(In thousands)
2011
2010
Change in projected benefit obligation
 
 
Projected benefit obligation at prior valuation date
$
103,857

$
98,148

Service cost

716

Interest cost
5,366

5,505

Benefits paid
(4,766
)
(4,768
)
Actuarial (gain) loss
5,323

4,256

Projected benefit obligation at valuation date
110,186

103,857

Change in plan assets
 
 
Fair value of plan assets at prior valuation date
98,824

93,498

Actual return (loss) on plan assets
3,152

10,084

Employer contributions
18

10

Benefits paid
(4,766
)
(4,768
)
Fair value of plan assets at valuation date
97,228

98,824

Funded status and net amount recognized at valuation date
$
(12,958
)
$
(5,033
)
Schedule Of Amounts Not Yet Reflected In Net Periodic Benefit Cost And Included In Accumulated Other Comprehensive Income (Loss), Pre-Tax Basis
(In thousands)
2011
2010
Prior service credit (cost)
$

$

Accumulated loss
(34,355
)
(27,406
)
Accumulated other comprehensive loss
(34,355
)
(27,406
)
Cumulative employer contributions in excess of net periodic benefit cost
21,397

22,373

Net amount recognized as an accrued benefit liability on the December 31 balance sheet
$
(12,958
)
$
(5,033
)
Net gain (loss) arising during period
$
(8,898
)
$
(786
)
Amortization of net loss
1,949

2,208

Total recognized in other comprehensive income
$
(6,949
)
$
1,422

Total expense recognized in net periodic pension cost and other comprehensive income
$
(7,943
)
$
(393
)
Assumptions On A Weighted Average Basis, Used In Accounting For Plans
 
2011
2010
2009
Determination of benefit obligation at year end:
 
 
 
Discount rate
4.80
%
5.40
%
5.75
%
Assumed credit on cash balance accounts
5.00
%
5.00
%
5.00
%
Determination of net periodic benefit cost for year ended:
 
 
 
Discount rate
5.40
%
5.75
%
6.00
%
Long-term rate of return on assets
7.00
%
7.25
%
7.25
%
Assumed credit on cash balance accounts
5.00
%
5.00
%
5.00
%
Fair Value Of Pension Plan Asset Category
Future Benefit Payments
(In thousands)
 
2012
$
6,018

2013
6,278

2014
6,529

2015
6,753

2016
6,968

2017-2021
36,019