XML 89 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
Pension and Post-Retirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2013
Schedule of Components of Net Periodic Benefit Cost

A summary of net periodic pension cost related to the Company’s pension plans for the three and six months ended June 30, 2013 and 2012 is as follows (dollars in thousands):

 

     Pension Benefits  
     For the Three Months Ended June 30,     For the Six Months Ended June 30,  
     2013     2012     2013     2012  

Service cost—benefit earned during the period

   $ 303      $ 240      $ 607      $ 481   

Interest cost on projected benefit obligation

     2,098        2,104        4,195        4,208   

Expected return on plan assets

     (2,841     (2,501     (5,683     (5,002

Amortization of prior service cost

     47        44        95        88   

Amortization of actuarial loss

     1,577        1,549        3,154        3,097   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic pension cost

   $ 1,184      $ 1,436      $ 2,368      $ 2,872