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Pension Plan
9 Months Ended
Sep. 30, 2012
Pension Plan  
Pension Plan

14.                               Pension Plan

 

The components of net periodic pension costs are as follows:

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

(in thousands)

 

2012

 

2011

 

2012

 

2011

 

Interest cost

 

$

269

 

$

274

 

$

808

 

$

821

 

Expected return on plan assets

 

(320

)

(308

)

(959

)

(925

)

Recognized net actuarial loss

 

172

 

88

 

514

 

265

 

Net periodic cost

 

$

121

 

$

54

 

$

363

 

$

161

 

 

Future benefit accruals for all participants were frozen as of December 31, 2002.  We made required contributions of $1.3 million during the nine months ended September 30, 2012.