Accrued Payroll Costs and Retirement Obligations

9 Months Ended

Sep. 30, 2012

Accrued Payroll Costs and Retirement Obligations

Note F—Accrued Payroll Costs and Retirement Obligations

Accrued payroll costs and retirement obligations consisted of the following (in thousands):

	September 30, 2012		December 31, 2011
Payroll and benefits	$	219,345	$	181,035
Employee retirement obligations		89,325		87,031
Workers’ compensation		29,735		24,217
Payroll taxes		27,892		63,011
	$	366,297	$	355,294

Included in employee retirement obligations is the following (in thousands):

	September 30, 2012		December 31, 2011
Deferred compensation plan and other benefits related to the Company’s Chief Executive Officer	$	73,155	$	71,603