Employee Benefit Plans

3 Months Ended

Mar. 31, 2013

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

Employee Benefit Plans

13. Employee Benefit Plans

The Company offers defined contribution retirement plans which cover the majority of its U.S. employees, as well as employees in certain other countries. In addition, the Company sponsors qualified defined benefit pension plans covering certain employees of the Company and its subsidiaries. The plans’ benefits are generally based on years of service and employee compensation.  The Company also provides to certain management employees, through non-qualified plans, supplemental retirement benefits in excess of qualified plan limits imposed by federal tax law.

The Company also maintains post retirement benefit plans, although these plans are effectively closed to new entrants. The supplemental and post retirement benefit plans are supported by the general assets of the Company.

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 March 31,
	U.S. Plan						Non-U.S. Plans
	2013			2012			2013			2012
Service Cost	$	4,601		$	3,601		$	1,471		$	1,037
Interest Cost	6,122			6,284			2,261			2,097
Expected return on plan assets	(9,953		)	(9,745		)	(2,393		)	(1,890		)
Amortization:
Prior service cost	257			263			29			30
Recognized actuarial loss	5,485			3,379			373			120
Transition obligation	—			—			(3		)	(12		)
Other	—			—			40			51
Net periodic expense	$	6,512		$	3,782		$	1,778		$	1,433

Non-Qualified Supplemental Benefits

	Three Months Ended March 31,
	2013		2012
Service Cost	$	1,679	$	1,326
Interest Cost	1,773		1,979
Amortization:
Prior service cost	1,997		1,856
Recognized actuarial loss	42		35
Net periodic expense	$	5,491	$	5,196

Post-Retirement Plans

	Three Months Ended March 31,
	2013			2012
Service Cost	$	58		$	62
Interest Cost	131			148
Amortization:
Prior service cost	(104		)	(104		)
Recognized actuarial loss (gain)	34			(5		)
Net periodic expense	$	119		$	101

The total amount amortized out of accumulated other comprehensive income into net periodic benefit expense for the three months ended March 31, 2013 totaled $8,110.