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Pension And Postretirement Benefit Costs (Tables)
9 Months Ended
Sep. 30, 2012
Pension And Postretirement Benefit Costs [Abstract]  
Net Periodic Pension And Postretirement Benefit Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

Pension Benefits 

 

 

Other Benefits 

   

 

2012

 

 

2011

 

 

2012

 

 

2011

Service cost

 

$

599,157 

 

 

$

563,751 

 

 

$

525,497 

 

 

$

460,698 

Interest cost

 

 

1,482,084 

 

 

 

1,515,529 

 

 

 

1,303,031 

 

 

 

1,308,683 

Less: Expected return on plan assets

 

 

1,560,578 

 

 

 

1,452,826 

 

 

 

 

 

 

Amortization of prior service cost

 

 

81,557 

 

 

 

82,484 

 

 

 

(38,444)

 

 

 

(38,064)

Recognized net actuarial loss

 

 

925,766 

 

 

 

684,742 

 

 

 

 

 

 

Unrecognized net loss

 

 

 

 

 

 

 

 

583,463 

 

 

 

510,656 

Net periodic expense 

 

$

1,527,986 

 

 

$

1,393,680 

 

 

$

2,373,547 

 

 

$

2,241,973 

 

 

 

 

The following table presents the components of net periodic pension and postretirement benefit costs allocated to Cost of Sales and Selling, General and Administrative expenses for the three months ended September 30, 2012 and 2011:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

Pension Benefits 

 

 

Other Benefits 

   

 

2012

 

 

2011

 

 

2012

 

 

2011

Service cost

 

$

199,719 

 

 

$

187,917 

 

 

$

173,433 

 

 

$

153,566 

Interest cost

 

 

494,028 

 

 

 

505,176 

 

 

 

430,047 

 

 

 

436,228 

Less: Expected return on plan assets

 

 

520,193 

 

 

 

484,275 

 

 

 

 

 

 

Amortization of prior service cost

 

 

27,186 

 

 

 

27,495 

 

 

 

(12,688)

 

 

 

(12,688)

Recognized net actuarial loss

 

 

308,589 

 

 

 

228,247 

 

 

 

 

 

 

Unrecognized net loss

 

 

 

 

 

 

 

 

192,563 

 

 

 

170,218 

Net periodic expense 

 

$

509,329 

 

 

$

464,560 

 

 

$

783,355 

 

 

$

747,324