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Pension Plan (Tables)
12 Months Ended
Dec. 31, 2011
Compensation and Retirement Disclosure [Abstract]  
Components Of Net Periodic Benefit Costs
The following table presents the components of net periodic benefit costs for the three years ended December 31, 2011:
 
 
Years ended December 31,
 
2011
 
2010
 
2009
 
(In thousands)
Components of net periodic pension cost:
 
 
 
 
 
Service cost
$

 
$

 
$
404

Interest cost
541

 
538

 
591

Amortization
 
 
 
 
 
Prior service cost

 

 
230

Loss

 

 


541

 
538

 
1,225

Curtailment

 

 
1,209

Net periodic pension cost
$
541

 
$
538

 
$
2,434

Weighted average assumptions:
 
 
 
 
 
Discount rate
4.50
%
 
5.50
%
 
6.00
%
Reconciliation Of The Changes In Projected Benefit Obligation
The following is a reconciliation of the changes in the projected benefit obligation for the years ended December 31, 2011 and 2010:
 
 
December 31,
 
2011
 
2010
 
(In thousands)
Projected benefit obligation, beginning of year
$
10,034

 
$
9,176

Interest cost
541

 
538

Actuarial loss (gain)
1,735

 
734

Benefit payments
(414
)
 
(414
)
Projected benefit obligation, end of year
$
11,896

 
$
10,034

Accumulated Other Comprehensive Income (Loss) Not Recognized As Components Of Net Periodic Benefit Costs
The amounts in accumulated other comprehensive income (loss) that have not yet been recognized as components of net periodic benefit costs at December 31, 2011 are as follows:
 
 
(In thousands)
Transition asset (obligation)
$

Prior service cost

Accumulated loss
2,375

Total
$
2,375

Components Of Projected Pension Costs
The components of projected net periodic pension cost for the year ended December 31, 2012 are as follows:
 
 
(In thousands)
Service cost
$

Interest cost
526

Amortization

Prior service cost

Loss
128

Net periodic benefit cost
$
654

Schedule of Expected Benefit Payments
Expected benefit payments at December 31, 2011 for the next five years and the five years thereafter are as follows:
 
Year
(In thousands)

2012
$
11,896

2013

2014

2015

2016

Five years or more