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Pension and Other Post-Retirement Plans
6 Months Ended
Jun. 30, 2012
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Post-Retirement Plans
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 applicable regulatory authorities.


The following table sets forth the combined amount of net periodic benefit cost recognized for the three and six months ended June 30, 2012 and 2011:
    
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2012
 
2011
 
2012
 
2011
Components of net periodic pension benefit cost:
 
 

 
 

 
 
 
 
Service cost
 
$
568

 
$
462

 
$
1,136

 
$
923

Interest cost
 
1,147

 
1,173

 
2,294

 
2,347

Expected return on plan assets
 
(1,227
)
 
(1,162
)
 
(2,454
)
 
(2,324
)
Amortization of actuarial gains
 
251

 
95

 
502

 
189

Amortization of prior service costs
 
(19
)
 
(3
)
 
(38
)
 
(5
)
Net periodic cost
 
$
720

 
$
565

 
$
1,440

 
$
1,130


 
We have a 401(k) plan for U.S.-based employees. 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.