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Employee Retirement And Postretirement Benefits
3 Months Ended
Mar. 31, 2012
Employee Retirement and Postretirement Benefits [Abstract]  
Employee Retirement And Postretirement Benefits

9. Employee Retirement and Postretirement Benefits

We sponsor various defined benefit and defined contribution retirement plans, including various employee savings and profit sharing plans, and contribute to various multiemployer pension plans on behalf of our employees. Substantially all full-time union and non-union employees who have completed one or more years of service and have met other requirements pursuant to the plans are eligible to participate in one or more of these plans.

Defined Benefit Plans — The benefits under our defined benefit plans are based on years of service and employee compensation.

 

     Three Months Ended
March 31
 
     2012     2011  
     (In thousands)  

Components of net periodic pension cost:

    

Service cost

   $ 1,126      $ 710   

Interest cost

     3,631        3,803   

Expected return on plan assets

     (4,402     (4,241

Amortizations:

    

Unrecognized transition obligation

     28        28   

Prior service cost

     194        191   

Unrecognized net loss

     2,918        2,265   
  

 

 

   

 

 

 

Net periodic benefit cost

   $ 3,495      $ 2,756   
  

 

 

   

 

 

 

 

Postretirement Benefits — Certain of our subsidiaries provide health care benefits to certain retirees who are covered under specific group contracts.

 

     Three Months Ended
March 31
 
     2012      2011  
     (In thousands)  

Components of net periodic benefit cost:

     

Service cost

   $ 147       $ 7   

Interest cost

     337         190   

Amortizations:

     

Prior service cost/(credit)

     6         (16

Unrecognized net loss

     32         124   
  

 

 

    

 

 

 

Net periodic benefit cost

   $ 522       $ 305