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Employee Benefits
3 Months Ended
Mar. 31, 2013
General Discussion of Pension and Other Postretirement Benefits [Abstract]  
Employee Benefits
Employee Benefits
Retirement Plans
The net periodic benefit cost recognized for the three and twelve months ended March 31, 2013 and 2012 is made up of the components listed below as determined using the projected unit credit actuarial cost method (in thousands):
 
 
Three Months Ended
 
Twelve Months Ended
 
March 31,
 
March 31,
 
2013
 
2012
 
2013
 
2012
Components of net periodic benefit cost:
 
 
 
 
 
 
 
Service cost
$
2,400

 
$
2,225

 
$
9,004

 
$
7,332

Interest cost
3,400

 
3,378

 
13,579

 
13,870

Expected return on plan assets
(4,275
)
 
(3,610
)
 
(15,108
)
 
(14,172
)
Amortization of:
 
 
 
 
 
 
 
Net loss
2,675

 
2,965

 
11,066

 
7,926

Prior service cost
25

 
27

 
113

 
115

Net periodic benefit cost
$
4,225

 
$
4,985

 
$
18,654

 
$
15,071


During the three months ended March 31, 2013, the Company contributed $15.5 million of its projected $21.8 million 2013 annual contribution to its retirement plans.
Other Postretirement Benefits
The net periodic benefit cost recognized for the three and twelve months ended March 31, 2013 and 2012 is made up of the components listed below (in thousands): 
 
Three Months Ended
 
Twelve Months Ended
 
March 31,
 
March 31,
 
2013
 
2012
 
2013
 
2012
Components of net periodic benefit cost:
 
 
 
 
 
 
 
Service cost
$
1,100

 
$
1,070

 
$
4,408

 
$
3,320

Interest cost
1,375

 
1,415

 
5,611

 
5,504

Expected return on plan assets
(475
)
 
(435
)
 
(1,754
)
 
(1,800
)
Amortization of:
 
 
 
 
 
 
 
Prior service benefit
(1,425
)
 
(1,470
)
 
(5,832
)
 
(5,915
)
Net loss

 
160

 
455

 
229

Net periodic benefit cost
$
575

 
$
740

 
$
2,888

 
$
1,338



During the three months ended March 31, 2013, the Company contributed $2.0 million of its projected $4.0 million 2013 annual contribution to its other postretirement benefits plan.