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Employee benefit plans
3 Months Ended
Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
Pension and other postretirement benefit plans
Employee benefit plans
Pension and other postretirement 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:
 
Pension Benefits
Other
Postretirement Benefits
Three Months Ended March 31,
2016

2015

2016

2015

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

$
40

$
450

$
483

Interest cost
4,390

4,364

949

914

Expected return on assets
(5,280
)
(5,373
)
(1,149
)
(1,175
)
Amortization of prior service cost (credit)

18

(343
)
(342
)
Amortization of net actuarial loss
1,593

1,735

448

461

Net periodic benefit cost, including amount capitalized
703

784

355

341

Less amount capitalized
81

76

34

29

Net periodic benefit cost
$
622

$
708

$
321

$
312

 
 
 
 
 

Prior to 2013, defined pension plan benefits and accruals for all nonunion and certain union plans were frozen. On June 30, 2015, an additional union plan was frozen. At December 31, 2015, all of the Company's defined pension plans were frozen. These employees were eligible to receive additional defined contribution plan benefits.
Nonqualified benefit plans
In addition to the qualified plan defined pension benefits reflected in the table, the Company also 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. In February 2016, the Company froze the unfunded, nonqualified defined benefit plans to new participants and eliminated upgrades. Vesting for participants not fully vested was retained. The Company's net periodic benefit credit for these plans for the three months ended March 31, 2016, was $1.9 million, which reflects a curtailment gain of $3.3 million. The Company's net periodic benefit cost for these plans for the three months ended March 31, 2015, was $1.7 million.
Multiemployer plans
On September 24, 2014, JTL - Wyoming provided notice to the Operating Engineers Local 800 & WY Contractors Association, Inc. Pension Plan for Wyoming that it was withdrawing from the plan effective October 26, 2014. The plan administrator will determine JTL - Wyoming's withdrawal liability. For the three months ended March 31, 2015, the Company accrued an additional withdrawal liability of approximately $2.4 million. The cumulative withdrawal liability is currently estimated at $16.4 million which has been accrued on the Consolidated Balance Sheets. The assessed withdrawal liability for this plan may be significantly different from the current estimate. Also, this plan's administrator has alleged that JTL - Wyoming owes additional contributions for periods of time prior to its withdrawal, which could affect its final assessed withdrawal liability. JTL - Wyoming disputes the plan administrator's demand for additional contributions, and on February 23, 2016, filed a declaratory judgment action in the United States District Court for the District of Wyoming to resolve the dispute.