Pension and Other Postretirement Benefits

6 Months Ended

Jun. 30, 2012

Pension and Other Postretirement Benefits

Note 7. Pension and Other Postretirement Benefits

The following table summarizes the components of net periodic benefit cost for the Company’s defined benefit pension plans and other postretirement benefit plans recognized for the three and six-month periods ended June 30, 2012 and 2011:

	Three Months Ended June 30,
	Pension Benefits												Other Postretirement Benefits
	U.S. Plans						Non-U.S. Plans
	2012			2011			2012			2011			2012			2011
Service cost	$	—		$	—		$	284		$	276		$	7		$	8
Interest cost		826			897			2,674			3,066			181			193
Expected return on plan assets		(1,074	)		(1,054	)		(2,584	)		(2,829	)		—			—
Recognition of:
Unrecognized prior service cost		—			—			9			10			(15	)		(15	)
Unrecognized net actuarial loss (gain)		475			308			311			224			(202	)		(318	)
Total net periodic benefit cost (income)	$	227		$	151		$	694		$	747		$	(29	)	$	(132	)

	Six Months Ended June 30,
	Pension Benefits												Other Postretirement Benefits
	U.S. Plans						Non-U.S. Plans
	2012			2011			2012			2011			2012			2011
Service cost	$	—		$	—		$	572		$	538		$	14		$	15
Interest cost		1,652			1,794			5,348			6,036			363			386
Expected return on plan assets		(2,148	)		(2,108	)		(5,154	)		(5,586	)		—			—
Recognition of:
Unrecognized prior service cost		—			—			18			19			(30	)		(30	)
Unrecognized net actuarial loss (gain)		950			616			620			443			(404	)		(636	)
Total net periodic benefit cost (income)	$	454		$	302		$	1,404		$	1,450		$	(57	)	$	(265	)