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Defined Benefit Pension Plan
6 Months Ended
Mar. 31, 2013
Defined Benefit Pension Plan  
Defined Benefit Pension Plan

11.                               Defined Benefit Pension Plan

 

Certain employees of GoIndustry, which the Company acquired in July 2012, are covered by a qualified defined benefit pension plan.

 

The net periodic benefit cost recognized for the periods indicated included the following components:

 

Qualified Defined Benefit Pension Plan

 

 

 

Three Months Ended March 31,

 

Six Months Ended March 31,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(dollars in thousands)

 

Service cost

 

 

 

 

 

Interest cost

 

$

265

 

 

$

538

 

 

Expected return on plan assets

 

(264

)

 

(531

)

 

Amortization of prior service cost

 

 

 

 

 

Amortization of actuarial (gain)/loss

 

 

 

 

 

Amortization of transitional obligation/(asset)

 

 

 

 

 

Total net periodic benefit cost

 

$

1

 

 

$

7