Pension and Other Postretirement Benefits

9 Months Ended

Sep. 30, 2012

Pension and Other Postretirement Benefits

Pension and Other Postretirement Benefits

Note 8—Pension and Other Postretirement Benefits

        The components of net periodic benefit cost are as follows (in thousands):

	Pension Benefits						Other Postretirement Benefits
	For the three months ended September 30,						For the three months ended September 30,
	2012			2011			2012		2011
Components of net periodic benefit cost:
Service cost	$	1,498		$	1,291		$	2,018	$	1,827
Interest cost		3,129			3,144			7,253		6,206
Expected return on plan assets		(4,031	)		(3,929	)		—		—
Amortization of prior service cost (credit)		64			68			261		(240	)
Amortization of net actuarial loss		2,313			2,063			3,681		1,971
Net periodic benefit cost	$	2,973		$	2,637		$	13,213	$	9,764

	Pension Benefits						Other Postretirement Benefits
	For the nine months ended September 30,						For the nine months ended September 30,
	2012			2011			2012		2011
Components of net periodic benefit cost:
Service cost	$	4,494		$	3,873		$	6,054	$	4,333
Interest cost		9,387			9,432			21,759		18,686
Expected return on plan assets		(12,093	)		(11,787	)		—		—
Amortization of prior service cost (credit)		192			204			783		(720	)
Amortization of net actuarial loss		6,939			6,189			11,043		8,075
Settlement loss		—			1,716			—		—
Net periodic benefit cost	$	8,919		$	9,627		$	39,639	$	30,374

        The 2011 settlement loss shown above is related to the retirement of an executive of the Company and was included in selling, general and administrative expense within the Condensed Consolidated Statements of Operations and Comprehensive Income.