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Retirement Plans - LIN Television
3 Months Ended
Mar. 31, 2012
Retirement Plans

 

Note 9 — Retirement Plans

 

The following table shows the components of the net periodic pension cost (benefit) and the contributions to our 401(k) Plan and the retirement plans (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2012

 

2011

 

Net periodic pension cost (benefit):

 

 

 

 

 

Interest cost

 

$

1,364

 

$

1,495

 

Expected return on plan assets

 

(1,549

)

(1,700

)

Amortization of net loss

 

431

 

197

 

Net periodic pension cost (benefit):

 

$

246

 

$

(8

)

Contributions:

 

 

 

 

 

401(k) Plan

 

$

1,078

 

$

914

 

Defined contribution retirement plans

 

137

 

30

 

Defined benefit retirement plans

 

825

 

1,500

 

Total contributions

 

$

2,040

 

$

2,444

 

 

We expect to make contributions of approximately $6.3 million to our defined benefit retirement plans during the remainder of 2012.  See Note 11 — “Retirement Plans” included in Item 15 of our Annual Report on Form 10-K for the year ended December 31, 2011 (“10-K”) for a full description of our retirement plans.

 

LIN Television Corporation
 
Retirement Plans

 

Note 9 — Retirement Plans

 

The following table shows the components of the net periodic pension cost (benefit) and the contributions to our 401(k) Plan and the retirement plans (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2012

 

2011

 

Net periodic pension cost (benefit):

 

 

 

 

 

Interest cost

 

$

1,364

 

$

1,495

 

Expected return on plan assets

 

(1,549

)

(1,700

)

Amortization of net loss

 

431

 

197

 

Net periodic pension cost (benefit):

 

$

246

 

$

(8

)

Contributions:

 

 

 

 

 

401(k) Plan

 

$

1,078

 

$

914

 

Defined contribution retirement plans

 

137

 

30

 

Defined benefit retirement plans

 

825

 

1,500

 

Total contributions

 

$

2,040

 

$

2,444

 

 

We expect to make contributions of approximately $6.3 million to our defined benefit retirement plans during the remainder of 2012.  See Note 11 — “Retirement Plans” included in Item 15 of our Annual Report on Form 10-K for the year ended December 31, 2011 (“10-K”) for a full description of our retirement plans.