Pension and Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2014

Pension and Retirement Plans [Abstract]

Benefit obligations, plan assets and the funded status of plans

The following provides information regarding benefit obligations, plan assets and the funded status of the plan:

	Pension Benefits
	2014			2013
Change in benefit obligation
Benefit obligation, beginning of year	$	13,815		$	14,958
Interest cost		620			561
Actuarial (gain)/loss		2,118			(1,178	)
Benefits paid		(567	)		(526	)
Benefit obligation, end of year		15,986			13,815
Accumulated benefit obligation	$	15,986		$	13,815
Change in plan assets
Fair value of plan assets, beginning of year	$	12,693		$	10,784
Actual gain on plan assets		819			1,624
Employer contribution		338			811
Benefits paid		(567	)		(526	)
Fair value of plan assets, end of year		13,283			12,693
Funded status, end of year	$	(2,703	)	$	(1,122	)
Amounts recognized in the consolidated balance sheets
Noncurrent liabilities	$	(2,703	)	$	(1,122	)
Net amount recognized	$	(2,703	)	$	(1,122	)
Amounts recognized in accumulated other comprehensive income consist of
Net loss	$	5,896		$	4,076
Net amount recognized	$	5,896		$	4,076
Weighted average assumptions used to determine benefit obligations as of December 31
Discount rate		3.81	%		4.60	%
Expected return on plan assets		7.00	%		7.00	%
Rate of compensation increase		N/A			N/A

Allocation of pension plan assets and target allocation range of assets

The allocation of assets within the mutual fund as of the measurement date (December 31) and the target asset allocation ranges by asset category are as follows:

	Actual Allocation
Asset Category	2014			2013			2014 & 2013 Target Allocation Ranges
Equity securities		65.6	%		65.4	%		53 - 73	%
Debt securities		30.1	%		27.8	%		21 - 41	%
Money market funds		4.3	%		6.8	%		0 - 15	%
Total		100.0	%		100.0	%

Periodic benefit costs for defined benefit plans

Net periodic benefit cost for 2014, 2013 and 2012 included the following components:

	Pension Benefits
	2014			2013			2012
Components of net periodic benefit cost
Interest cost	$	620		$	561		$	599
Expected return on plan assets		(816	)		(693	)		(648	)
Amortization of actuarial loss		295			536			502
Net periodic benefit cost	$	99		$	404		$	453
Other changes in plan assets and benefit obligations recognized in other comprehensive income
Net actuarial (gain)/loss for the year	$	2,115		$	(2,109	)	$	656
Amortization of net loss		(295	)		(536	)		(502	)
Total recognized in other comprehensive income		1,820			(2,645	)		154
Total recognized in net periodic benefit cost and other comprehensive income	$	1,919		$	(2,241	)	$	607
Weighted average assumptions used to determine net periodic benefit cost for years ended December 31
Discount rate		4.60	%		3.82	%		4.46	%
Expected return on plan assets		7.00	%		7.00	%		7.00	%

Summary of estimated future benefit payments

The following estimated future benefit payments are expected to be paid in the years indicated:

	Pension Benefits
2015	$	710
2016		760
2017		800
2018		830
2019		860
2020 - 2024		4,500

Assets of the supplemental executive retirement plan

Assets of the SERP consist of the following:

	December 31, 2014						December 31, 2013
	Cost			Market			Cost			Market
Company stock		$	2,929		$	4,401		$	2,786		$	4,232
Equity securities			3,368			3,727			3,241			3,596
Total		$	6,297		$	8,128		$	6,027		$	7,828