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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Schedule Of Changes In The Benefit Obligation, The Plan Assets, The Funded Status Of Pension Plans And Components Of Net Periodic Benefit Costs
The following tables summarize changes in the benefit obligation, the plan assets and the funded status of our pension plans as well as the components of net periodic benefit costs, including key assumptions (in thousands). The measurement dates for plan assets and obligations were December 31, 2014 and 2013.
 
December 31,
 
2014
 
2013
Change in Projected Benefit Obligation:
 
 
 
Benefit obligation at beginning of year
$
38,072

 
$
42,530

Service cost
1,008

 
1,281

Interest cost
1,800

 
1,544

Actuarial loss (gain) (1)
11,020

 
(5,807
)
Benefit payments
(1,682
)
 
(1,476
)
Benefit obligation at end of year
$
50,218

 
$
38,072

Change in Plan Assets:
 
 
 
Fair value of plan assets at beginning of year
$
39,327

 
$
32,161

Actual return on plan assets
2,861

 
6,842

Employer contributions
2,100

 
1,800

Benefit payments
(1,682
)
 
(1,476
)
Fair value of plan assets at end of year
$
42,606

 
$
39,327

(Unfunded) funded status at end of year (included in accounts payable and accrued expenses in 2014 and other assets in 2013)
$
(7,612
)
 
$
1,255

Accumulated benefit obligation
$
50,104

 
$
37,885

Net loss recognized in accumulated other comprehensive loss
$
16,508

 
$
5,775

___________________
(1)
The year over year change in actuarial loss is due primarily to the application of a new mortality rate table, a decrease in the discount rate and demographic changes.
Schedule Of Changes In Plan Assets And Benefit Obligations Recognized In Other Comprehensive Income (Loss)
The following is the required information for other changes in plan assets and benefit obligations recognized in other comprehensive loss (income) (in thousands):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Net loss (gain)
$
11,118

 
$
(10,200
)
 
$
979

Amortization of net loss (1)
(385
)
 
(1,279
)
 
(1,569
)
Amortization of prior service cost

 

 
117

Total recognized in other comprehensive loss (income)
$
10,733

 
$
(11,479
)
 
$
(473
)
Total recognized in net periodic benefit costs and other
comprehensive loss (income)
$
10,967

 
$
(9,824
)
 
$
1,622


___________________
(1)
The estimated net loss that will be amortized from accumulated other comprehensive loss into net periodic benefit cost over the next fiscal year is $1.3 million.
Schedule Of Accumulated Benefit Obligation In Excess Of Plan Assets
The following is the required information for plans with an accumulated benefit obligation in excess of plan assets (in thousands):
 
December 31,
 
2014
 
2013
Projected benefit obligation
$
50,218

 
N/A
Accumulated benefit obligation
50,104

 
N/A
Fair value of plan assets
42,606

 
N/A
Schedule Of Net Periodic Benefit Cost
The components of net periodic benefit cost for the plans are as follows (in thousands):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Service cost
$
1,008

 
$
1,281

 
$
1,314

Interest cost
1,800

 
1,544

 
1,578

Expected return on plan assets
(2,959
)
 
(2,449
)
 
(2,249
)
Prior service cost

 

 
(117
)
Recognized loss
385

 
1,279

 
1,569

Total
$
234

 
$
1,655

 
$
2,095

Schedule Of Assumptions Used To Develop Periodic Expense
The assumptions used to develop periodic expense for the plans are shown below:
 
Year Ended December 31,
 
2014
 
2013
 
2012
Discount rate
4.70
%
 
3.87
%
 
4.19
%
Salary scale increases
3.50
%
 
3.50
%
 
3.50
%
Long-term rate of return on assets
7.50
%
 
7.50
%
 
8.00
%
Schedule Of Assumptions Used To Develop The Actuarial Present Value Of The Benefit Obligations
The assumptions used to develop the actuarial present value of the benefit obligations for the plans are shown below:
 
Year Ended December 31,
 
2014
 
2013
 
2012
Discount rate
3.83
%
 
4.70
%
 
3.87
%
Salary scale increases
3.50
%
 
3.50
%
 
3.50
%
Schedule Of Expected Benefit Payments For The Next Ten Years
The expected benefit payments for the next 10 years for the Retirement Plan is as follows (in thousands):
2015
$
2,250

2016
2,193

2017
2,140

2018
1,998

2019
2,404

2020-2024
12,513

Schedule Of Investment Asset Allocation To Benchmarking
At December 31, 2014, our investment asset allocation compared to our benchmarking allocation model for our plan assets was as follows:
 
Portfolio
 
Benchmark
Cash and Short-Term Investments
6
%
 
6
%
U.S. Stocks
60
%
 
61
%
International Stocks
13
%
 
11
%
U.S. Bonds
18
%
 
19
%
International Bonds
3
%
 
3
%
Total
100
%
 
100
%
Schedule Of Allocation Of The Fair Value Of Plan Assets
The allocation of the fair value of plan assets was as follows:
 
December 31,
 
2014
 
2013
Cash and Short-Term Investments
18
%
 
3
%
Large Company Funds
35
%
 
31
%
Mid Company Funds
6
%
 
8
%
Small Company Funds
6
%
 
8
%
International Funds
10
%
 
11
%
Fixed Income Funds
17
%
 
21
%
Growth Funds
8
%
 
18
%
Total
100
%
 
100
%