Periodic Pension Expense:

9 Months Ended

Sep. 30, 2011

Periodic Pension Expense: [Abstract]

Periodic Pension Expense:

NOTE 4 – Periodic Pension Expense:

The following table presents the net periodic pension expense under our plans for the following periods:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2011			2010			2011			2010
Service cost - benefits earned during the period	$	139,000		$	158,000		$	419,000		$	474,000
Interest cost on projected benefit obligation		273,000			257,000			819,000			770,000
Expected return on plan assets		(336,000	)		(306,000	)		(1,010,000	)		(810,000	)
Amortization of prior service cost		6,000			8,000			19,000			23,000
Recognized actuarial loss		120,000			107,000			359,000			323,000
Net periodic pension cost	$	202,000		$	224,000		$	606,000		$	780,000

Contributions of $140,000 were made to the Company's benefit plans during the nine months ended September 30, 2011. Contributions of $3,000,000 were made to the Company's benefit plans during the nine months ended September 30, 2010.