Rendering

Component: (Network and Table)
Network
2312301 - Disclosure - Employee Benefit Plans (Tables)
(http://www.corelogic.com/role/EmployeeBenefitPlansTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000036047 (http://www.sec.gov/CIK)
Compensation and Retirement Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Compensation and Retirement Disclosure [Abstract]
 
Schedule of Changes in Projected Benefit Obligations
The following table summarizes the balance sheet impact, including benefit obligations, assets and funded status associated with the RELS Pension Plan, SERPs and Restoration Plan as of December 31, 2016 and 2015:

(in thousands)
2016
 
2015
Change in projected benefit obligation:
 
 
 
Benefit obligation at beginning of period
$
61,256

 
$
32,259

Addition of RELS
—

 
31,308

Service costs
90

 
161

Interest costs
2,587

 
1,205

Actuarial losses/(gains)
1,817

 
(1,797
)
Benefits paid
(2,989
)
 
(1,880
)
Annuity carrier load
2,347

 
—

Projected benefit obligation at end of period
$
65,108

 
$
61,256

 
 
 
 
Change in plan assets:
 

 
 

Plan assets at fair value at beginning of period
$
21,175

 
$
—

Addition of RELS
—

 
21,175

Actual return on plan assets
(458
)
 
—

Company contributions
7,497

 
1,880

Benefits paid
(2,989
)
 
(1,880
)
Plan assets at fair value at end of the period
25,225

 
21,175

Reconciliation of funded status:
 

 
 

Unfunded status of the plans
$
(39,883
)
 
$
(40,081
)
 
 
 
 
Amounts recognized in the consolidated balance sheet consist of:
 

 
 

Accrued benefit liability
$
(65,108
)
 
$
(61,256
)
Pension plan asset
$
25,225

 
$
21,175

 
$
(39,883
)
 
$
(40,081
)
Amounts recognized in accumulated other comprehensive loss:
 

 
 

Unrecognized net actuarial loss
$
14,021

 
$
11,363

Unrecognized prior service credit
(4,486
)
 
(5,631
)
 
$
9,535

 
$
5,732

  
Schedule of Net Periodic Pension Costs
The net periodic pension cost for the years ended December 31, 2016, 2015 and 2014, for the RELS Pension Plan, SERPs, and Restoration Plan includes the following components:

(in thousands)
2016
 
2015
 
2014
Expenses:
 
 
 
 
 
Service costs
$
90

 
$
161

 
$
282

Interest costs
2,587

 
1,205

 
1,231

Expected return on plan assets
(160
)
 
—

 
—

Amortization of net loss/(gain)
979

 
(620
)
 
(424
)
 Net periodic benefit cost
$
3,496

 
$
746

 
$
1,089

  
Schedule of Weighted-Average Assumptions Used to Determine Benefit Obligations
Weighted-average discount rate used to determine costs for the plans were as follows:

 
2016
 
2015
 
2014
RELS Pension Plan
4.44
%
 
4.09
%
 
N/A

SERPs
4.20
%
 
3.85
%
 
4.72
%
Restoration Plan
4.32
%
 
3.98
%
 
4.82
%
 
 
 
 
 
 

Weighted-average actuarial assumptions used to determine benefit obligations for the plans were as follows:

 
2016
 
2015
RELS Pension Plan
 
 
 
Discount rate
3.97
%
 
4.44
%
Salary increase rate
N/A

 
N/A

Expected return on plan assets
3.50
%
 
3.70
%
SERPs
 
 
 
Discount rate
4.00
%
 
4.20
%
Salary increase rate
N/A

 
N/A

Restoration Plan
 
 
 
Discount rate
4.08
%
 
4.32
%
  
Schedule of Net Funded Status
The following table provides the funded status in the defined RELS Pension Plan, Restoration Plan and SERPs as of December 31, 2016, 2015 and 2014:

(in thousands)
2016
 
2015
 
2014
Projected benefit obligation
$
65,108

 
$
61,256

 
$
32,259

Accumulated benefit obligation
$
65,108

 
$
61,256

 
$
32,259

Plan assets at fair value at end of year
$
25,225

 
$
21,175

 
$
—

  
Schedule of Net Actuarial Losses and Prior Service Cost [Table Text Block]
The estimated amounts of net actuarial loss and prior service benefits in accumulated other comprehensive loss to be amortized and recognized as a component of net periodic benefit cost in 2017 are as follows:

(in thousands)
 
Net actuarial loss
$
2,555

Prior service benefit
$
1,145

  
Schedule of Expected Benefit Payments
The following benefit payments for all plans for the next ten years, which reflect expected future turnover, as appropriate, are expected to be paid as follows:

(in thousands)
 
 
2017
 
$
36,409

2018
 
1,391

2019
 
1,372

2020
 
1,353

2021
 
1,333

2022-2026
 
9,816

 
 
$
51,674