Pension and Postretirement Benefits

9 Months Ended

Sep. 30, 2011

Pension and Postretirement Benefits [Abstract]

Pension and Postretirement Benefits

Note 13. Pension and Postretirement Benefits

The net periodic benefit cost of Viad’s pension and postretirement benefit plans for the three months ended September 30 included the following components:

	Domestic Plans
							Postretirement						Foreign
	Pension Plans						Benefit Plans						Pension Plans
	2011			2010			2011			2010			2011			2010
	(in thousands)
Service cost	$	17		$	53		$	22		$	27		$	92		$	75
Interest cost		292			311			187			265			183			193
Expected return on plan assets		(140	)		(149	)		(35	)		(41	)		(164	)		(149	)
Amortization of prior service cost (credit)		—			10			(320	)		(293	)		—			—
Recognized net actuarial loss		1			139			80			157			—			—
Net periodic benefit cost	$	170		$	364		$	(66	)	$	115		$	111		$	119

The net periodic benefit cost of Viad’s pension and postretirement benefit plans for the nine months ended September 30 included the following components:

	Domestic Plans
							Postretirement						Foreign
	Pension Plans						Benefit Plans						Pension Plans
	2011			2010			2011			2010			2011			2010
	(in thousands)
Service cost	$	91		$	159		$	96		$	81		$	276		$	227
Interest cost		892			933			651			795			551			581
Expected return on plan assets		(422	)		(447	)		(101	)		(123	)		(493	)		(448	)
Amortization of prior service cost (credit)		—			30			(958	)		(879	)		—			—
Recognized net actuarial loss		342			416			400			470			—			—
Net periodic benefit cost	$	903		$	1,091		$	88		$	344		$	334		$	360

Viad expects to contribute $1.7 million to its funded pension plans, $959,000 to its unfunded pension plans and $500,000 to its postretirement benefit plans in 2011. As of September 30, 2011, Viad had contributed $1.1 million to its funded pension plans, $648,000 to its unfunded pension plans and $52,000 to its postretirement benefit plans.