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Retirement Plans
9 Months Ended
Sep. 30, 2012
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Retirement Plans
RETIREMENT PLANS
The following discloses the net periodic benefit cost (credit) and its components for the Company’s pension and postretirement plans:
 
 
Pension benefits
 
Supplemental
retirement
benefits
 
Postretirement
benefits
 
Pension benefits
 
Supplemental
retirement
benefits
 
Postretirement
benefits
(In thousands)
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
Service cost (credit)
 
$
(3
)

$
22

 
$

 
$

 
$
9

 
$
8

 
$
22

 
$
73

 
$

 
$

 
$
27

 
$
24

Interest cost
 
1,885


1,815

 
115


140

 
12

 
13

 
5,669

 
6,068

 
345

 
418

 
35

 
41

Expected return on plan assets
 
(2,827
)

(2,710
)
 
 
 
 
 
 
 
 
 
(8,481
)
 
(9,058
)
 
 
 
 
 
 
 
 
Amortization of prior service cost (credit)
 
 
 
 
 
31


31

 
(61
)
 
(61
)
 
 
 
 
 
93

 
94

 
(183
)
 
(183
)
Amortization of net actuarial (gain) loss
 
2,198


1,152

 
(28
)

(4
)
 
(22
)
 
(31
)
 
6,889

 
3,851

 
(85
)
 
(12
)
 
(65
)
 
(94
)
Net periodic benefit cost (credit)
 
$
1,253

 
$
279

 
$
118

 
$
167

 
$
(62
)
 
$
(71
)
 
$
4,099

 
$
934

 
$
353

 
$
500

 
$
(186
)
 
$
(212
)


As disclosed in the Company’s 2011 Annual Report on Form 10-K, the Company has frozen its participation and benefit accruals for the pension plan and its contributions for individual benefit payments in the postretirement benefit plan.