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Pension And Postretirement Obligations
9 Months Ended
Sep. 30, 2011
Pension And Postretirement Obligations [Abstract] 
Pension And Postretirement Obligations

NOTE 14: PENSION AND POSTRETIREMENT OBLIGATIONS

 

The components of net periodic cost (gain) for the nine months ended September 30, 2011 and 2010 are as follows:

 

   

Pension Benefits

 

Postretirement Benefits

   

 

2011

 

 

2010

 

 

2011

 

 

2010

 

Service cost

$

0

 

$

0

 

$

8

 

$

30

 

Interest cost

 

652

   

656

   

184

   

180

 

Expected return on plan assets

 

(615)

   

(613)

   

(121)

   

(121)

 

Amortization of transition asset

 

0

   

0

   

21

   

21

 

Amortization of prior service cost

 

42

   

42

   

(248)

   

(247)

 

Amortization of net loss

 

654

 

 

663

 

 

71

 

 

75

                         
 

Net periodic benefit cost (gain)

$

733

 

$

748

 

$

(85)

 

$

(62)

 

The components of net periodic cost (gain) for the three months ended September 30, 2011 and 2010 are as follows:

 

   

Pension Benefits

 

Postretirement Benefits

   

 

2011

 

 

2010

 

 

2011

 

 

2010

 

Service cost

$

0

 

$

0

 

$

2

 

$

11

 

Interest cost

 

217

   

217

   

61

   

61

 

Expected return on plan assets

 

(205)

   

(204)

   

(40)

   

(42)

 

Amortization of transition asset

 

0

   

0

   

7

   

7

 

Amortizaton of prior service cost

 

14

   

14

   

(83)

   

(82)

 

Amortization of net loss

 

218

 

 

221

 

 

24

 

 

25

                         
 

Net periodic benefit cost (gain)

$

244

 

$

248

 

$

(29)

 

$

(20)

 

The Company expects to contribute a total of $529 to its pension and postretirement benefit plans in 2011.   For the nine months ended September 30, 2011, the Company has contributed $397 of this amount to its pension and postretirement benefit plans.