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Pension Plans and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2013
Compensation and Retirement Disclosure [Abstract]  
Defined benefit plan and the supplemental defined benefit plans
 
 
Defined Benefit Plan
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
June 30,
 
June 30,
 
 
 
2013
 
2012
 
2013
 
2012
 
Components of net periodic
    pension (income) expense:
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
Benefit accrual
 
$
-
 
$
-
 
$
-
 
$
-
 
Other expenses
 
 
90
 
 
90
 
 
180
 
 
180
 
Interest cost
 
 
343
 
 
357
 
 
685
 
 
714
 
Expected return on plan assets
 
 
(559)
 
 
(606)
 
 
(1,119)
 
 
(1,212)
 
Settlement loss
 
 
229
 
 
459
 
 
487
 
 
918
 
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost
 
 
-
 
 
-
 
 
-
 
 
-
 
Actuarial loss
 
 
400
 
 
513
 
 
801
 
 
1,026
 
Net periodic pension expense
 
$
503
 
$
813
 
$
1,034
 
$
1,626
 
 
 
 
Supplemental Defined Benefit Plans
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
June 30,
 
June 30,
 
 
 
2013
 
2012
 
2013
 
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Components of net periodic
    pension (income) expense:
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
Benefit accrual
 
$
-
 
$
-
 
$
-
 
$
-
 
Other expenses
 
 
-
 
 
-
 
 
-
 
 
-
 
Interest cost
 
 
153
 
 
167
 
 
307
 
 
335
 
Expected return on plan assets
 
 
-
 
 
-
 
 
-
 
 
-
 
Settlement loss
 
 
-
 
 
-
 
 
-
 
 
-
 
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost
 
 
32
 
 
31
 
 
63
 
 
62
 
Actuarial loss
 
 
51
 
 
245
 
 
102
 
 
490
 
Net periodic pension expense
 
$
236
 
$
443
 
$
472
 
$
887
 
Net periodic benefit for postretirement benefits other than pensions
 
 
Three Months Ended
 
Six Months Ended
 
 
 
June 30,
 
June 30,
 
 
 
2013
 
2012
 
2013
 
2012
 
Components of net periodic benefit:
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
-
 
$
-
 
$
-
 
$
-
 
Interest cost
 
 
23
 
 
23
 
 
46
 
 
46
 
Amortization of prior service cost
 
 
-
 
 
-
 
 
-
 
 
-
 
Amortization of prior gain
 
 
(59)
 
 
(130)
 
 
(118)
 
 
(261)
 
Net periodic income
 
$
(36)
 
$
(107)
 
$
(72)
 
$
(215)
 
Summary of minimum funding requirement, contributions made and the expected full year contributions for the Company's plans
 
 
Defined Benefit Pension Plans
 
 
 
 
 
 
Defined
 
Supplemental
 
Other
 
 
 
Benefit
 
Defined Benefit
 
Postretirement
 
 
 
Plan
 
Plans
 
Benefits
 
 
 
 
 
 
 
 
 
 
 
 
Minimum funding requirement for 2013
 
$
-
 
 
N/A
 
 
N/A
 
Contributions made in the six months
    ended June 30, 2013
 
 
-
 
$
656
 
$
215
 
Expected contributions (approximations)
    for the year ended December 31, 2013
    as of the time of :
 
 
 
 
 
 
 
 
 
 
This Form 10-Q (1)
 
 
3,000
 
 
1,320
 
 
480
 
2012 Form 10-K (2)
 
 
2,500
 
 
1,320
 
 
480
 
   
N/A - Not applicable.
(1)
HMEC’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2013.
(2)
HMEC’s Annual Report on Form 10-K for the year ended December 31, 2012, specifically “Notes to Consolidated Financial Statements — Note 9 — Pension Plans and Other Postretirement Benefits”.