Benefits

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements [Abstract]

Benefits

8.Benefits

The following table sets forth the components of net periodic benefit cost of the Company's postretirement benefit plan for the periods presented.

	Successor		Predecessor
	Period from Acquisition (March 26, 2012) to March 31, 2012		Period from January 1, 2012 to March 25, 2012		Three months ended March 31, 2011
	(In thousands)		(In thousands)
Service cost	$	-	$	624	$	637
Interest cost		18		836		950
Expected return on plan assets		(92)		(918)		(950)
Prior service credit amortization		-		(472)		(522)
Actuarial loss amortization		-		298		-
Curtailment recognition (1)		(10,527)		-		-
Net periodic benefit cost	$	(10,601)	$	368	$	115

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• Subsequent to the Merger, the Company amended certain of its other postretirement employee benefit plans, which prospectively restrict participation in the plans for the impacted active employees. The plan amendments resulted in the plans becoming currently over-funded and, accordingly, the Company recorded a gross pre-tax curtailment gain of $69.8 million, $59.3 million of which is refundable to customers, thus the net curtailment gain recognition was $10.5 million.