Components of Net Periodic Benefit Cost

6 Months Ended

Jun. 30, 2011

Components of Net Periodic Benefit Cost

Components of Net Periodic Benefit Cost

Note 10 — Components of Net Periodic Benefit Cost

Benefit costs for defined benefit pension and other post retirement plans are shown below.  The funding policy and assumptions disclosed in the Company’s 2010 Annual Report on Form 10-K are expected to continue unchanged throughout 2011.

	Three Months Ended June 30,												Six Months Ended June 30,
	Pension Benefits						Other Benefits						Pension Benefits						Other Benefits
(in thousands)	2011			2010			2011			2010			2011			2010			2011			2010
Service cost — benefits earned during the period	$	3,395		$	3,348		$	81		$	71		$	6,782		$	6,596		$	163		$	132
Interest cost on projected benefit obligation	8,836			8,651			122			137			17,701			17,476			220			275
Expected return on plan assets	(10,117		)	(9,986		)							(20,189		)	(20,108		)
Amortization of unrecognized transition obligation	67			56									128			118
Amortization of prior service cost	521			658			(134		)	(138		)	1,040			1,306			(321		)	(276		)
Recognized actuarial net (gain) or loss	5,856			4,055			(107		)	(113		)	11,712			8,110			(218		)	(225		)
Settlement loss (gain)	(2,491		)	31									(2,491		)	31
Net periodic benefit (income) cost	$	6,067		$	6,813		$	(38	)	$	(43	)	$	14,683		$	13,529		$	(156	)	$	(94	)

Costs for defined contribution pension plans were $4.8 million and $9.9 million for the three months and six months ended June 30, 2011 and were $4.4 million and $8.3 million for the three months and six months ended June 30, 2010.