Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2014

Compensation and Retirement Disclosure [Abstract]

Schedule of Changes in Projected Benefit Obligations

The following table summarizes the balance sheet impact, including benefit obligations, assets and funded status associated with the SERPs and Restoration plan as of December 31, 2014 and 2013:

(in thousands)	2014			2013
Change in projected benefit obligation:
Benefit obligation at beginning of period	$	27,059		$	34,102
Service costs	282			637
Interest costs	1,233			1,293
Actuarial losses/(gains)	5,564			(5,826		)
Benefits paid	(1,879		)	(3,147		)
Projected benefit obligation at end of period	$	32,259		$	27,059
Change in plan assets:
Plan assets at fair value at beginning of period	$	—		$	1,432
Actual return on plan assets	—			(53		)
Company contributions	1,879			1,770
Benefits paid	(1,879		)	(3,149		)
Plan assets at fair value at end of the period	—			—
Reconciliation of funded status:
Unfunded status of the plans	$	(32,259	)	$	(27,059	)
Amounts recognized in the consolidated balance sheet consist of:
Accrued benefit liability	$	(32,259	)	$	(27,059	)
Pension plan asset	$	—		$	—
	$	(32,259	)	$	(27,059	)
Amounts recognized in accumulated other comprehensive income/(loss):
Unrecognized net actuarial loss	$	13,685		$	8,840
Unrecognized prior service credit	(6,775		)	(7,920		)
	$	6,910		$	920

Schedule of Net Periodic Pension Costs

The net periodic pension cost for the years ended December 31, 2014, 2013 and 2012, for the FAC defined benefit pension plan, SERPs, Restoration plan and CDS Mapping cash balance plan includes the following components:

(in thousands)	2014			2013			2012
Expenses:
Service costs	$	282		$	637		$	932
Interest costs	1,231			1,293			1,386
Expected return on plan assets	—			(57		)	(41		)
Amortization of net (gain)/loss	(424		)	179			80
Net periodic benefit cost	$	1,089		$	2,052		$	2,357

Schedule of Weighted-Average Assumptions Used to Determine Benefit Obligations

Weighted-average discount rate used to determine costs for the plans were as follows:

	2014		2013		2012
SERP Plans	4.72	%	3.89	%	4.52	%
Restoration Plan	4.82	%	4.02	%	4.57	%
CDS Mapping	N/A		N/A		4.00	%

Weighted-average actuarial assumptions used to determine benefit obligations for the plans were as follows:

	2014		2013
SERP Plans
Discount rate	3.85	%	4.72	%
Salary increase rate	N/A		N/A
Restoration Plan
Discount rate	3.98	%	4.82	%
CDS Mapping
Discount rate	N/A		N/A
Salary increase rate	N/A		N/A

Schedule of Net Funded Status

The following table provides the funded status in the defined SERPs as of December 31, 2014, 2013 and 2012:

(in thousands)	2014		2013		2012
Projected benefit obligation	$	32,259	$	27,059	$	34,102
Accumulated benefit obligation	$	32,259	$	27,059	$	34,102
Plan assets at fair value at end of year	$	—	$	—	$	—

Schedule of Expected Benefit Payments

The following benefit payments for all plans, which reflect expected future turnover, as appropriate, are expected to be paid as follows:

(in thousands)
2015	$	1,955
2016	1,414
2017	1,397
2018	1,379
2019	1,361
2020-2024	8,358
	$	15,864