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Pension Plans and Postretirement Benefit Plan (Tables)
6 Months Ended
Jun. 30, 2011
Pension Plans and Postretirement Benefit Plan  
Components of net periodic benefit cost for pension plans and postretirement benefit plan

 

 

 

 

Pension Benefits

 

 

Postretirement Benefits

 

(dollars in thousands)

 

2011

 

2010

 

 

2011

 

2010

 

Three Months Ended June 30,

 

 

 

 

 

 

 

 

 

 

Service Cost

 

$

-

 

$

-

 

 

$

123

 

$

117

 

Interest Cost

 

1,305

 

1,294

 

 

359

 

440

 

Expected Return on Plan Assets

 

(1,612

)

(1,642

)

 

-

 

-

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

Prior Service Credit

 

-

 

-

 

 

(53

)

(53

)

Net Actuarial Losses (Gains)

 

830

 

724

 

 

-

 

(76

)

Net Periodic Benefit Cost

 

$

523

 

$

376

 

 

$

429

 

$

428

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

 

 

 

 

 

 

 

 

 

Service Cost

 

$

-

 

$

-

 

 

$

246

 

$

234

 

Interest Cost

 

2,610

 

2,588

 

 

719

 

879

 

Expected Return on Plan Assets

 

(3,225

)

(3,284

)

 

-

 

-

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

Prior Service Credit

 

-

 

-

 

 

(106

)

(106

)

Net Actuarial Losses (Gains)

 

1,661

 

1,447

 

 

(1

)

(152

)

Net Periodic Benefit Cost

 

$

1,046

 

$

751

 

 

$

858

 

$

855