RETIREMENT AND DEFERRED COMPENSATION PLANS

3 Months Ended

Mar. 31, 2013

RETIREMENT AND DEFERRED COMPENSATION PLANS

RETIREMENT AND DEFERRED COMPENSATION PLANS

NOTE 4 – RETIREMENT AND DEFERRED COMPENSATION PLANS

Components of Net Periodic Benefit Cost:

	Domestic Plans						Foreign Plans
Three months ended March 31,	2013			2012			2013			2012

Service cost	$	2,225		$	1,804		$	969		$	519
Interest cost	1,250			1,228			665			645
Expected return on plan assets	(1,414		)	(1,401		)	(452		)	(388		)
Amortization of net loss	1,434			964			352			121
Amortization of prior service cost	1			1			93			92
Net periodic benefit cost	$	3,496		$	2,596		$	1,627		$	989

EMPLOYER CONTRIBUTIONS

In order to meet or exceed minimum funding levels required by U.S. law, the Company expects to contribute approximately $10 million to its domestic defined benefit plans in 2013 and has not made any 2013 contributions as of March 31, 2013. The Company also expects to contribute approximately $4.3 million to its foreign defined benefit plans in 2013 and, as of March 31, 2013, has contributed approximately $0.7 million.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

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Reference 5: http://www.xbrl.org/2003/role/presentationRef

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+ Details