Pension and Other Postretirement Benefits

9 Months Ended

Sep. 30, 2011

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits

Pension and Other Postretirement Benefits

Pension and other postretirement benefits expenses consisted of the following:

	For the three months ended September 30,						For the nine months ended September 30,
Pensions	2011			2010			2011			2010
Service cost	$	1,477		$	1,502		$	4,421		$	4,608
Interest cost	5,626			5,697			16,866			17,086
Expected return on plan assets	(8,030		)	(7,703		)	(24,060		)	(23,068		)
Amortization of prior service cost	280			239			842			697
Recognized losses	1,436			614			4,311			1,837
Net periodic benefit cost	$	789		$	349		$	2,380		$	1,160
	For the three months ended September 30,						For the nine months ended September 30,
Other Postretirement Benefits	2011			2010			2011			2010
Service cost	$	70		$	85		$	213		$	272
Interest cost	712			786			2,136			2,418
Amortization of prior service cost	(385		)	(236		)	(1,156		)	(727		)
Recognized losses	202			88			606			303
Curtailment gain	—			—			—			(987		)
Net periodic benefit cost	$	599		$	723		$	1,799		$	1,279

The Company recorded a curtailment gain in one of its other postretirement benefit plans during the first quarter of 2010 in connection with the closure of a facility within the Precision Components segment.