PENSION PLANS AND OTHER POSTRETIREMENT BENEFITS

9 Months Ended

Oct. 31, 2011

PENSION PLANS AND OTHER POSTRETIREMENT BENEFITS

13. PENSION PLANS AND OTHER POSTRETIREMENT BENEFITS

The components of net periodic benefit cost consisted of the following for the interim periods:

	Pension Benefits						Postretirement Benefits
	Three months ended						Three months ended
	October 31,						October 31,
	2011			2010			2011			2010
Components of net periodic benefit cost:
Service cost	$	245		$	346		$	18		$	18
Interest cost		1,042			1,167			25			29
Expected return on plan assets		(1,041	)		(1,029	)		0			0
Amortization of prior service costs		0			0			(3	)		(198	)
Recognized actuarial loss		812			792			(4	)		1
Net periodic benefit cost	$	1,058		$	1,276		$	36		$	(150	)
	Pension Benefits						Postretirement Benefits
	Nine months ended						Nine months ended
	October 31,						October 31,
		2011			2010			2011			2010
Components of net periodic benefit cost:
Service cost	$	936		$	1,039		$	54		$	53
Interest cost		3,331			3,501			75			86
Expected return on plan assets		(3,373	)		(3,086	)		0			0
Amortization of prior service costs		0			0			(9	)		(593	)
Recognized actuarial loss		2,437			2,376			(12	)		3
Net periodic benefit cost	$	3,331		$	3,830		$	108		$	(451	)

The Company made $4,853 of contributions to the plan in the nine months ended October 31, 2011. The Company does not expect to make any additional contributions to its plan during fiscal year 2012. The Company expects to make contributions totaling approximately $177 to the Company sponsored postretirement benefit plan during fiscal year 2012.