Pension And Postretirement Obligations

3 Months Ended

Mar. 31, 2013

Pension And Postretirement Obligations [Abstract]

Pension And Postretirement Obligations

NOTE 10: PENSION AND POSTRETIREMENT OBLIGATIONS

The components of net periodic cost (gain) for the three months ended March 31, 2013 and 2012 are as follows:

		Pension Benefits						Postretirement Benefits
		For the three months ended						For the three months ended
($ in thousands)		March 31, 2013			March 31, 2012			March 31, 2013			March 31, 2012
Service cost	$	-		$	-		$	4		$	4
Interest cost		190			192			56			54
Expected return on plan assets		(219	)		(219	)		(43	)		(43	)
Amortization of transition asset		-			-			7			7
Amortization of prior service cost		14			14			(83	)		(83	)
Amortization of net loss		227			231			33			34
Net periodic benefit cost (gain)	$	212		$	218		$	(26	)	$	(27	)

The Company expects to contribute $1.1 million to its pension and post retirement plans in 2013. For the three months ended March 31, 2013 and March 31, 2012, the Company has contributed $0.2 million and $0.1 million, respectively, to its pension and postretirement benefits plans. Amounts reclassified from other comprehensive income (loss) related to the Company's pension and postretirement obligations were not material for the three months ended March 31, 2013 and March 31, 2012.