Retirement Plans

9 Months Ended

Sep. 30, 2014

Retirement Plans [Abstract]

Retirement Plans

(12) Retirement Plans

Domestic Pension Plan

The components of net periodic (income)/cost for the Company’s domestic plan (which was frozen in 2007) for the three and nine months ended September 30, 2014 and 2013 were as follows:

	Three months ended						Nine months ended
	September 30,						September 30,
	2014			2013			2014			2013
Components of net periodic benefit cost
Interest cost	$	828		$	765		$	2,484		$	2,294
Expected return on plan assets		(1,039	)		(958	)		(3,117	)		(2,872	)
Recognized actuarial loss		130			235			390			704
Net periodic (income)/cost	$	(81	)	$	42		$	(243	)	$	126

The Company’s Supplemental Executive Retirement Plan (which was frozen in 2007) is non-qualified and unfunded.  Net periodic benefit costs for both the three months ended September 30, 2014 and 2013 was $55.  Net periodic benefit costs for the nine months ended September 30, 2014 and 2013 were $165 and $164, respectively.

International Pension Plan

The components of net periodic benefit cost for the Company’s international plan for the three and nine months ended September 30, 2014 and 2013 were as follows:

	Three months ended						Nine months ended
	September 30,						September 30,
	2014			2013			2014			2013
Components of net periodic benefit cost
Service cost	$	166		$	185		$	519		$	558
Interest cost		218			163			682			492
Recognized actuarial loss		37			71			116			213
Amortization of prior service benefit		(2	)		(2	)		(6	)		(6	)
Net periodic benefit cost	$	419		$	417		$	1,311		$	1,257