Annual report pursuant to Section 13 and 15(d)

Profit Sharing/401(k) Plan

v2.4.1.9
Profit Sharing/401(k) Plan
12 Months Ended
Dec. 31, 2014
Postemployment Benefits [Abstract]  
Profit Sharing/401(k) Plan

NOTE 9 — PROFIT SHARING/401(k) PLAN

The Company offers eligible domestic full-time employees participation in certain profit sharing/401(k) plans. The plans provide for annual contributions based on percentages of pretax income. In addition, employees may contribute a portion of their salary to the plans which is partially matched by the Company. The plans may be amended or terminated at any time.

Total charges to income before income taxes for these plans were approximately $5.1 million, $3.7 million and $3.0 million in 2014, 2013 and 2012, respectively.