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Employee benefit plans
6 Months Ended
Jun. 30, 2012
Employee Benefit Plans [Abstract]  
Pension and Other Postretirement Benefits Disclosure
Employee benefit plans
The Company has noncontributory defined benefit pension plans and other postretirement benefit plans for certain eligible employees. Components of net periodic benefit cost for the Company's pension and other postretirement benefit plans were as follows:
 
 
 
Other
 
 
 
Postretirement
 
Pension Benefits
Benefits
Three Months Ended June 30,
2012

2011

2012

2011

 
(In thousands)
Components of net periodic benefit cost:
 
 
 
 
Service cost
$
350

$
827

$
461

$
383

Interest cost
4,262

4,959

1,038

1,161

Expected return on assets
(5,845
)
(5,727
)
(1,201
)
(1,308
)
Amortization of prior service cost (credit)
(21
)
44

(272
)
(669
)
Amortization of net actuarial (gain) loss
2,102

1,049

887

(53
)
Amortization of net transition obligation


531

531

Curtailment loss

1,218



Net periodic benefit cost, including amount capitalized
848

2,370

1,444

45

Less amount capitalized
196

287

183

(28
)
Net periodic benefit cost
$
652

$
2,083

$
1,261

$
73

 
 
 
 
 
 
 
 
Other
 
 
 
Postretirement
 
Pension Benefits
Benefits
Six Months Ended June 30,
2012

2011

2012

2011

 
(In thousands)
Components of net periodic benefit cost:
 
 
 
 
Service cost
$
695

$
1,654

$
873

$
722

Interest cost
8,816

9,919

2,181

2,350

Expected return on assets
(11,731
)
(11,427
)
(2,445
)
(2,526
)
Amortization of prior service cost (credit)
(42
)
87

(544
)
(1,338
)
Amortization of net actuarial loss
3,783

2,592

1,413

258

Amortization of net transition obligation


1,063

1,062

Curtailment loss

1,218



Net periodic benefit cost, including amount capitalized
1,521

4,043

2,541

528

Less amount capitalized
430

535

321

(95
)
Net periodic benefit cost
$
1,091

$
3,508

$
2,220

$
623


Defined pension plan benefits to all nonunion and certain union employees hired after December 31, 2005, were discontinued. Employees that would have been eligible for defined pension plan benefits are eligible to receive additional defined contribution plan benefits. Effective January 1, 2010, all benefit and service accruals for nonunion and certain union plans were frozen. Effective June 30, 2011, all benefit and service accruals for an additional union plan were frozen. These employees will be eligible to receive additional defined contribution plan benefits.

In addition to the qualified plan defined pension benefits reflected in the table, the Company has an unfunded, nonqualified benefit plan for executive officers and certain key management employees that generally provides for defined benefit payments at age 65 following the employee's retirement or to their beneficiaries upon death for a 15-year period. The Company's net periodic benefit cost for this plan for the three and six months ended June 30, 2012, was $2.0 million and $4.1 million, respectively. The Company's net periodic benefit cost for this plan for the three and six months ended June 30, 2011, was $1.9 million and $4.0 million, respectively.