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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2013
Employee Benefit Plans  
Schedule of net periodic cost (benefit)

 

 

 

Three months ended June 30,

 

 

 

Defined Benefit Pension Plan

 

Post-Retirement Medical Plan

 

Supplemental Executive
Retirement Plan

 

 

 

2013

 

2012

 

2013

 

2012

 

2013

 

2012

 

Components of net periodic cost (benefit):

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

1,260

 

$

1,136

 

$

233

 

$

225

 

$

250

 

$

562

 

Interest cost

 

5,171

 

5,258

 

123

 

150

 

637

 

724

 

Expected return on plan assets

 

(6,029

)

(5,462

)

 

 

 

 

Amortization of transition obligation

 

 

 

 

 

 

 

Amortization of unrecognized prior service cost (benefit)

 

13

 

13

 

(413

)

(413

)

233

 

233

 

Amortization of loss (gain) from earlier periods

 

3,895

 

2,524

 

(104

)

(94

)

325

 

147

 

Net periodic cost (benefit)

 

$

4,310

 

$

3,469

 

$

(161

)

$

(132

)

$

1,445

 

$

1,666

 

 

 

 

Six months ended June 30,

 

 

 

Defined Benefit Pension Plan

 

Post-Retirement Medical Plan

 

Supplemental Executive
Retirement Plan

 

 

 

2013

 

2012

 

2013

 

2012

 

2013

 

2012

 

Components of net periodic cost (benefit):

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

2,519

 

$

2,175

 

$

465

 

$

408

 

$

501

 

$

492

 

Interest cost

 

10,344

 

10,472

 

246

 

284

 

1,274

 

1,448

 

Expected return on plan assets

 

(12,058

)

(10,889

)

 

 

 

 

Amortization of transition obligation

 

 

 

 

(825

)

 

 

Amortization of unrecognized prior service cost (benefit)

 

26

 

26

 

(825

)

 

466

 

466

 

Amortization of loss (gain) from earlier periods

 

7,789

 

4,370

 

(207

)

(227

)

650

 

294

 

Net periodic cost (benefit)

 

$

8,620

 

$

6,154

 

$

(321

)

$

(360

)

$

2,891

 

$

2,700

 

Schedule of contributions to the Defined Benefit Pension Plan and payments made to the Post-Retirement Medical Plan and the Supplemental Executive Retirement Plan

 

 

 

Three months ended June 30,

 

 

 

2013

 

2012

 

Contributions to the Defined Benefit Pension Plan

 

$

2,025

 

$

10,056

 

Payments to the Post-Retirement Medical Plan

 

129

 

63

 

Payments to the Supplemental Executive Retirement Plan

 

930

 

698

 

 

 

 

Six months ended June 30,

 

 

 

2013

 

2012

 

Contributions to the Defined Benefit Pension Plan

 

$

2,025

 

$

13,300

 

Payments to the Post-Retirement Medical Plan

 

282

 

237

 

Payments to the Supplemental Executive Retirement Plan

 

1,860

 

1,396