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PENSION BENEFIT PLAN
9 Months Ended
Sep. 30, 2012
PENSION BENEFIT PLAN

4. PENSION BENEFIT PLAN

As a result of our acquisition of the NSN BBA business, we assumed a defined benefit obligation of $17.0 million as of May 4, 2012. We established a Contribution Trust Arrangement (CTA) to hold the pension assets, and NSN has transferred assets to us equal to the defined benefit obligation.

The following table summarizes the components of net periodic pension cost for the three months ended September 30, 2012 and the period May 4, 2012 to September 30, 2012:

 

    

Three Months

Ended

    May 4, 2012 to  
(In thousands)    September 30,
2012
    September 30,
2012
 

Service cost

   $ 288      $ 478   

Interest cost

     187        314   

Expected return on plan assets

     (250     (415
  

 

 

   

 

 

 

Net periodic pension cost

   $ 225      $ 377