Pension And Severance Benefits

9 Months Ended

Sep. 30, 2011

Pension And Severance Benefits [Abstract]

Pension And Severance Benefits

Note 7 – Pension and Severance Benefits

Net pension expense from the company's defined benefit and severance plans is primarily comprised of severance plans covering Central American employees and consists of the following:

	Quarter Ended Sept. 30,						Nine Months Ended Sept. 30,
(In thousands)	2011			2010			2011			2010
Defined benefit and severance plans:
Service cost	$	1,689		$	1,658		$	5,068		$	4,928
Interest on projected benefit obligation		1,343			1,303			4,038			4,139
Expected return on plan assets		(400	)		(487	)		(1,201	)		(1,280	)
Recognized actuarial loss		198			285			597			722
Amortization of prior service cost		32			32			96			96
	$	2,862		$	2,791		$	8,598		$	8,605