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Employee benefit plans
6 Months Ended
Jun. 30, 2013
Employee Benefit Plans [Abstract]  
Pension and Other Postretirement Benefits Disclosure
Employee benefit plans
The Company has noncontributory defined benefit pension plans and other postretirement benefit plans for certain eligible employees. Components of net periodic benefit cost for the Company's pension and other postretirement benefit plans were as follows:
 
 
 
Other
 
 
 
Postretirement
 
Pension Benefits
Benefits
Three Months Ended June 30,
2013

2012

2013

2012

 
(In thousands)
Components of net periodic benefit cost:
 
 
 
 
Service cost
$
37

$
350

$
334

$
461

Interest cost
4,106

4,262

667

1,038

Expected return on assets
(4,875
)
(5,845
)
(1,065
)
(1,201
)
Amortization of prior service cost (credit)
18

(21
)
(364
)
(272
)
Amortization of net actuarial loss
1,716

2,102

407

887

Amortization of net transition obligation



531

Net periodic benefit cost, including amount capitalized
1,002

848

(21
)
1,444

Less amount capitalized
158

196

61

183

Net periodic benefit cost (credit)
$
844

$
652

$
(82
)
$
1,261

 
 
 
 
 
 
 
 
Other
 
 
 
Postretirement
 
Pension Benefits
Benefits
Six Months Ended June 30,
2013

2012

2013

2012

 
(In thousands)
Components of net periodic benefit cost:
 
 
 
 
Service cost
$
77

$
695

$
838

$
873

Interest cost
8,124

8,816

1,607

2,181

Expected return on assets
(9,958
)
(11,731
)
(2,172
)
(2,445
)
Amortization of prior service cost (credit)
36

(42
)
(728
)
(544
)
Amortization of net actuarial loss
3,580

3,783

1,078

1,413

Amortization of net transition obligation



1,063

Net periodic benefit cost, including amount capitalized
1,859

1,521

623

2,541

Less amount capitalized
268

430

90

321

Net periodic benefit cost
$
1,591

$
1,091

$
533

$
2,220


In 2010, all benefit and service accruals for nonunion and certain union plans were frozen. In 2011 and effective September 30, 2012, all benefit and service accruals for certain additional union employees were frozen. These employees are eligible to receive additional defined contribution plan benefits.

In addition to the qualified plan defined pension benefits reflected in the table, the Company has unfunded, nonqualified benefit plans for executive officers and certain key management employees that generally provide for defined benefit payments at age 65 following the employee's retirement or to their beneficiaries upon death for a 15-year period. The Company's net periodic benefit cost for this plan for the three and six months ended June 30, 2013, was $1.8 million and $3.6 million, respectively. The company's net periodic benefit cost for this plan for the three and six months ended June 30, 2012, was $2.0 million and $4.1 million, respectively.

In 2012, the Company modified health care coverage for certain retirees. Effective January 1, 2013, post-65 coverage is replaced by a fixed-dollar subsidy for certain retirees and spouses to be used to purchase individual insurance through an exchange.