Pension

6 Months Ended

Jun. 30, 2011

Pension

Note 3 — Pension

Components of net periodic benefit cost are as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Components of net periodic benefit cost:
Interest cost	$	26		$	31		$	52		$	61
Service cost		5			6			10			13
Expected return on plan assets		(26	)		(24	)		(53	)		(48	)
Amortization of prior service costs		3			2			5			5
Amortization of actuarial loss		38			39			76			77
	$	45		$	54		$	89		$	109

The Company’s funding policy with respect to its qualified plan is to contribute at least the minimum amount required by applicable laws and regulations. In 2011, the Company is required to contribute approximately $250,000.  The Company expects to make contributions to the plan as required during the remainder of the year.