RETIREMENT AND DEFERRED COMPENSATION PLANS

9 Months Ended

Sep. 30, 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 September 30,	2013			2012			2013			2012
Service cost	$	2,135		$	1,831		$	974		$	573
Interest cost	1,248			1,247			668			660
Expected return on plan assets	(1,443		)	(1,422		)	(454		)	(371		)
Amortization of net loss	1,276			978			353			116
Amortization of prior service cost	--			1			93			88
Net periodic benefit cost	$	3,216		$	2,635		$	1,634		$	1,066

	Domestic Plans						Foreign Plans
Nine months ended September 30,	2013			2012			2013			2012
Service cost	$	6,405		$	5,443		$	2,902		$	1,601
Interest cost	3,744			3,706			1,991			1,935
Expected return on plan assets	(4,331		)	(4,227		)	(1,353		)	(1,138		)
Amortization of net loss	3,827			2,907			1,053			355
Amortization of prior service cost	2			3			278			270
Net periodic benefit cost	$	9,647		$	7,832		$	4,871		$	3,023

EMPLOYER CONTRIBUTIONS

In order to meet or exceed minimum funding levels required by U.S. law, the Company contributed $10 million during the third quarter and the first nine months of 2013 and does not expect to make any contribution to the U.S. plan in the last quarter of 2013.  The Company expects to contribute approximately $4.3 million to its foreign defined benefit plans in 2013 and has contributed approximately $2.0 million during the first nine months of 2013.