Postretirement Employee Benefit Plans

6 Months Ended

Jun. 30, 2011

Postretirement Employee Benefit Plans

Postretirement Employee Benefit Plans

16. Postretirement Employee Benefit Plans

The accompanying table details the components of the net periodic costs of the Company's postretirement benefit plans as recognized in the Company's Consolidated Statements of Operations:

(dollars in thousands)	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Pension Plan
Service cost	$	—		$	46		$	—		$	91
Interest cost		171			172			342			344
Expected return on plan assets		(175	)		(147	)		(350	)		(296	)
Amortization of prior service cost		—			1			—			1
Amortization of net actuarial loss		85			92			170			184
Net periodic pension cost	$	81		$	164		$	162		$	324
Supplemental Executive Retirement Plan
Service cost	$	(10	)	$	31		$	—		$	92
Interest cost		46			68			94			107
Expected return on plan assets		—			—			—			—
Amortization of prior service credit		25			24			24			24
Amortization of net actuarial loss		(61	)		(30	)		(54	)		(18	)
Net periodic SERP cost	$	—		$	93		$	64		$	205
Other Postretirement Defined Benefit Plans
Service cost	$	10		$	7		$	10		$	13
Interest cost		30			35			60			58
Expected return on plan assets		—			—			—			—
Amortization of prior service cost/(credit)		(14	)		(1	)		(2	)		(2	)
Amortization of net actuarial loss		14			6			14			12
Net periodic postretirement benefit cost	$	40		$	47		$	82		$	81

The Company contributed $750,000 to its pension plan in 2011. The other postretirement benefit plans are unfunded plans; and consequently, there are no plan assets or cash contribution requirements other than for the direct payment of benefits.