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Employee Benefit Plans
3 Months Ended
Mar. 31, 2012
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
a)
Expenses relating to the Company’s defined contribution plans were $4.7 million and $4.4 million for the three months ended March 31, 2012 and 2011, respectively.
b)
The following table presents the components of net periodic benefit cost (income) for the Terra Nova Pension Plan, a defined benefit plan.
 
Three Months Ended
March 31,
(dollars in thousands)
2012
 
2011
Service cost
$
90

 
$
337

Interest cost
1,693

 
1,768

Expected return on plan assets
(2,432
)
 
(2,443
)
Amortization of net actuarial pension loss
643

 
474

Net periodic benefit cost (income)
$
(6
)
 
$
136


The Company contributed $5.7 million to the Terra Nova Pension Plan during the first quarter of 2012 and expects plan contributions to total $5.7 million in 2012.