Pension and Other Post-Retirement Plans

6 Months Ended

Jun. 30, 2011

Pension and Other Post-Retirement Plans

Pension and Other Post-Retirement Plans

(9) Pension and Other Post-Retirement Plans

We have defined benefit pension plans for our U.K.-based union employees and certain Canadian-based employees (the “U.K. Plan” and the “Canadian Plan,” respectively). Retirement benefits under the U.K. Plan are based on an employee’s average compensation over the two years preceding retirement. Retirement benefits under the Canadian Plan are generally based on the number of years of credited service. Our policy is to fund the minimum contribution permissible by the respective tax authorities.

The following table sets forth the combined amount of net periodic benefit cost recognized for the three and six months ended June 30, 2011 and 2010:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2011			2010			2011			2010
Components of net periodic pension benefit cost:
Service cost	$	462		$	471		$	923		$	943
Interest cost	1,173			1,237			2,347			2,473
Expected return on plan assets	(1,162		)	(1,226		)	(2,324		)	(2,451		)
Amortization of actuarial gains	95			140			189			280
Amortization of prior service costs	(3		)	11			(5		)	22
Net periodic cost	$	565		$	633		$	1,130		$	1,267

We have a 401(k) plan for U.S.-based employees who are not covered by a collective bargaining agreement. We contribute 37.5 cents on the dollar for the first 6% of participant contributions for a match of up to 2.25% of eligible compensation.