Employee Benefit Plans - Postretirement Medical Plan

6 Months Ended

Jun. 30, 2011

Notes to Financial Statements [Abstract]

Employee Benefit Plans - Postretirement Medical Plan

9.    Employee Benefit Plans – Postretirement Medical Plan

In the second quarter of 2011, we recorded an accumulated other comprehensive loss of $69,000 which represents the liability for our unfunded postretirement medical benefit plan.  This is shown on our consolidated condensed balance sheets under shareholders’ equity.  Service cost, interest cost and net amortization, which are components of net periodic benefit expense, were $4,500 for the three months ended June 30, 2011.  We expect to contribute less than five thousand dollars to our self-funded insurance plan related to our postretirement medical plan in the second half of 2011.