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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Retirement Benefits [Abstract]    
Schedule of Net Periodic Benefit Cost Not yet Recognized
Net periodic pension cost consists of the following components for the years ended December 31:
 
Pension
Benefits
 
Pension
Benefits
  
2016
 
2015
Service cost
$

 
$

Interest cost on benefit obligation
1,855

 
1,864

Expected return on plan assets
(1,863
)
 
(2,069
)
Curtailment and settlements
929

 

Amortization of prior service cost

 

Amortization of actuarial (gains) losses
137

 
103

Net periodic benefit cost (benefit)
$
1,058

 
$
(102
)
 
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)
Other changes in plan assets and benefit obligation recognized in Other Comprehensive Loss consist of the following components for the years ended December 31:
 
Pension
Benefits
 
Pension
Benefits
  
2016
 
2015
Curtailment/settlement
$

 
$

Current year actuarial (gain) loss
3,238

 
526

Amortization of actuarial gain (loss)
(137
)
 
(103
)
Current year prior service (credit) cost

 

Amortization of prior service credit (cost)

 

Amortization of transition asset (obligation)

 

Total recognized in other comprehensive (income) loss
$
3,101

 
$
423

Total recognized in net periodic benefit cost and other comprehensive (income) loss
4,159

 
$
321

 
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets  
The following table summarizes the change in benefit obligations and fair values of plan assets for the years ended December 31:
 
Pension
Benefits
 
Pension
Benefits
  
2016
 
2015
Change in benefit obligation:
  

 
  

Benefit obligation, Beginning balance
$
40,296

 
$
43,799

Service Cost

 

Interest Cost
1,855

 
1,864

Change in Mortality

 

Plan amendments

 

Curtailment/settlement

 

Actuarial (gains) losses
2,502

 
(2,774
)
Benefits paid
(3,931
)
 
(2,593
)
Benefit obligation, Ending balance
40,722

 
40,296

Change in plan assets:
  

 
  

Fair value of plan assets, Beginning balance
25,190

 
28,360

Actual return on plan assets
198

 
(1,232
)
Employer contributions
3,025

 
655

Benefits paid
(3,931
)
 
(2,593
)
Fair value of plan assets, Ending balance
24,482

 
25,190

Unfunded status
$
16,240

 
$
15,106

Schedule of Amounts Recognized in Balance Sheet
 
Pension
Benefits
 
Pension
Benefits
  
2016
 
2015
Non-current liability
$
16,240

 
$
15,106

Net amount recognized
$
16,240

 
$
15,106

 
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)
Amounts recognized, net of tax, in Accumulated Other Comprehensive Loss consists of the following components for the years ended December 31:
 
Pension
Benefits
 
Pension
Benefits
  
2016
 
2015
Accumulated net actuarial losses
$
12,320

 
$
9,219

Accumulated prior service cost

 

Accumulated transition obligation

 

Amount recognized, net of tax
$
12,320

 
$
9,219

 
Schedule Of Assumptions Used To Determine Benefit Obligations
eighted average assumptions were used to determine benefit obligations as of December 31:
 
Pension
Benefits
 
Pension
Benefits
  
2016
 
2015
Discount rate
4.32
%
 
4.69
%
Rate of compensation increase
N/A

 
N/A

 
Schedule Of Assumptions Used To Determine Net Periodic Cost
eighted average assumptions were used to determine net periodic costs at December 31:
 
Pension
Benefits
 
Pension
Benefits
  
2016
 
2015
Discount rate
4.69
%
 
4.38
%
Expected return on plan assets
7.40
%
 
7.40
%
Rate of compensation increase
N/A

 
N/A

 
Schedule of Changes in Fair Value of Plan Assets
The Defined Benefit plan assets fall into any of three fair value classifications as defined in the FASB ASC Topic 820, Fair Value Measurements. There are no Level 3 assets held by the plan. The fair value of the plan assets as of December 31 is as follows:
 
December 31, 2016
 
Level 1
 
Level 2
 
Level 3
Asset Category:
  

 
  

 
  

 
  

Money Market Fund – Short Term Investments
$
1,687

 
$
1,687

 
$

 
$

Common Stock

 

 

 

Corporate Bonds

 

 

 

Mutual Funds
22,795

 
22,795

 

 

Foreign Stock

 

 

 

Total
$
24,482

 
$
24,482

 
$

 
$

 
December 31, 2015
 
Level 1
 
Level 2
 
Level 3
Asset Category:
  

 
  

 
  

 
  

Money Market Fund – Short Term Investments
$
1,580

 
$
145

 
$
1,435

 
$

Common Stock
9,479

 
9,479

 

 

Corporate Bonds
3,834

 

 
3,834

 

Mutual Funds
10,006

 
10,006

 

 

Foreign Stock
291

 
291

 

 

Total
$
25,190

 
$
19,921

 
$
5,269

 
$

 
Schedule of Allocation of Plan Assets
The pension plans weighted-average asset allocation for the years ended December 31, 2016 and 2015 are as follows:
 
Target Allocation
 
Actual Allocation
 
Actual Allocation
  
2016
 
2016
 
2015
Asset Category:
  

 
  

 
  

Equity Securities
68.0
%
 
65.5
%
 
68.0
%
Debt Securities
31.0
%
 
27.6
%
 
25.7
%
Cash/Cash Equivalents and Short Term Investments
1.0
%
 
6.9
%
 
6.3
%
  
100
%
 
100
%
 
100
%
 
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year
The estimated amounts that will be amortized in 2017 are as follows:
 
 
Pension
Benefits
Estimated Amortization:
 
2017
Prior service cost (credit) amortization
 
$

Net loss amortization
 
222

Total
 
$
222

 
Schedule of Expected Benefit Payments
The following estimated benefit payments, which reflect expected future service, as appropriate, are expected to be paid in the years ending December 31:
Period
 
Amount
2017
 
$
1,613

2018
 
$
1,762

2019
 
$
1,858

2020
 
$
2,028

2021
 
$
2,020

2022 and thereafter
 
$
11,269