Defined Benefit Plans

6 Months Ended

Jun. 30, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Net periodic pension and postretirement benefit costs for the Company's defined benefit pension plans and postretirement benefit plans cover certain foreign employees, union hourly employees and salaried employees. The components of net periodic pension and postretirement benefit costs for the three and six months ended June 30, 2013 and 2012 are as follows:



	Pension Plans												Other Postretirement Benefits
	Three months ended June 30,						Six months ended June 30,						Three months ended June 30,						Six months ended June 30,
	2013			2012			2013			2012			2013			2012			2013			2012
	(dollars in thousands)
Service costs	$	170		$	150		$	350		$	300		$	—		$	—		$	—		$	—
Interest costs	410			400			820			800			10			10			20			20
Expected return on plan assets	(460		)	(420		)	(920		)	(850		)	—			—			—			—
Amortization of prior service cost	10			10			10			10			—			(60		)	—			(130		)
Amortization of net (gain)/loss	320			260			640			530			(20		)	(20		)	(40		)	(40		)
Net periodic benefit cost	$	450		$	400		$	900		$	790		$	(10	)	$	(70	)	$	(20	)	$	(150	)

The Company contributed approximately $1.0 million and $1.9 million to its defined benefit pension plans during the three and six months ended June 30, 2013, respectively. The Company expects to contribute approximately $3.0 million to its defined benefit pension plans for the full year 2013.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

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+ Details