XML 105 R38.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Incentive and Deferred Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2019
Compensation Related Costs [Abstract]  
Schedule of Deferred Executive Compensation Liability
The following table sets forth a reconciliation of beginning and ending balances of our deferred executive compensation liability as of December 31:
(in thousands)
 
 
 
 
2019
 
2018
 
2017
Deferred executive compensation, beginning of the year
 
$
26,182

 
$
30,057

 
$
32,908

Annual incentive plan awards
 
2,745

 
4,751

 
6,118

Long-term incentive plan awards
 
7,267

 
6,331

 
10,931

Employer match and hypothetical earnings on deferred compensation
 
2,700

 
1,484

 
2,664

Total plan awards and earnings
 
12,712

 
12,566

 
19,713

Total plan awards paid
 
(12,852
)
 
(14,482
)
 
(20,621
)
Compensation deferred
 
1,579

 
1,928

 
680

Distributions from the deferred compensation plans
 
(797
)
 
(1,321
)
 
(853
)
Forfeitures (1)
 

 

 
(593
)
Funding of rabbi trust for deferred stock compensation plan for outside directors
 
(1,434
)
 
(1,165
)
 
(1,177
)
Funding of rabbi trust for incentive compensation deferral plan (2)
 
(774
)
 
(1,401
)
 

Deferred executive compensation, end of the year
 
$
24,616

 
$
26,182

 
$
30,057



(1)    Forfeitures are the result of plan participants who separated from service with the Company.
(2)
The incentive compensation deferral plan was effective beginning January 1, 2017. Funding of the rabbi trust for plan payments began in 2018.