Employee Benefit Plans

6 Months Ended

Jun. 30, 2012

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Employee Benefit Plans

12. Employee Benefit Plans

The following tables set forth the components of the Company’s net periodic expense relating to retirement and post-retirement benefit plans:

Retirement Plans

Qualified Defined Benefits

	Three Months Ended June 30,												Six Months Ended June 30,
	U.S. Plan						Non-U.S. Plans						U.S. Plan						Non-U.S. Plans
	2012			2011			2012			2011			2012			2011			2012			2011
Service Cost	$	3,601		$	3,542		$	1,031		$	758		$	7,202		$	7,084		$	2,068		$	1,493
Interest Cost	6,284			6,809			2,100			2,182			12,568			13,618			4,197			4,313
Expected return on plan assets	(9,745		)	(9,618		)	(1,898		)	(2,063		)	(19,490		)	(19,236		)	(3,788		)	(4,077		)
Amortization:
Prior service cost	263			326			29			33			526			652			59			63
Recognized actuarial loss	3,379			2,084			121			64			6,758			4,168			241			128
Transition obligation	—			—			(11		)	(11		)	—			—			(23		)	(22		)
Other	—			—			51			32			—			—			102			64
Net periodic expense	$	3,782		$	3,143		$	1,423		$	995		$	7,564		$	6,286		$	2,856		$	1,962

The net periodic expense reflected above does not included the impact of pension plans related to recent acquisitions. Such amounts are not significant for the periods presented.

Non-Qualified Supplemental Benefits

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Service Cost	$	1,326	$	1,016	$	2,652	$	2,032
Interest Cost	1,979		1,960		3,958		3,920
Amortization:
Prior service cost	1,856		1,816		3,712		3,632
Recognized actuarial loss	35		—		70		—
Net periodic expense	$	5,196	$	4,792	$	10,392	$	9,584

Post-Retirement Plans

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Service Cost	$	62		$	51		$	124		$	103
Interest Cost	148			181			296			362
Amortization:
Prior service cost	(104		)	(103		)	(208		)	(205		)
Recognized actuarial gain	(5		)	(60		)	(10		)	(120		)
Settlement gains	(1,493		)	—			(1,493		)	—
Net periodic expense	$	(1,392	)	$	69		$	(1,291	)	$	140

The Company purchased life insurance contracts to settle a portion of the post-retirement obligations relating to employees of two businesses that were sold in 2011, resulting in settlement gains of $1,493, which are included within the results of discontinued operations for the three and six months ended June 30, 2012.