RETIREMENT PLAN
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12 Months Ended |
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Dec. 31, 2014
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Compensation and Retirement Disclosure [Abstract] | |
RETIREMENT PLAN |
13. RETIREMENT PLAN The Company has a defined contribution plan for all employees that are qualified under Section 401(k) of the Internal Revenue Code. Gulf Island Resources employees are not eligible for the retirement plan. Contributions to the retirement plan by the Company are based on the participants’ contributions, with an additional year-end discretionary contribution determined by the Board of Directors. For the years ended December 31, 2014 and 2013, the Company contributed a total of $2.6 million and $2.7 million, respectively. |
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- Details
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- Definition
The entire disclosure for pension and other postretirement benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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