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Pension Benefits (Tables)
3 Months Ended
Mar. 31, 2013
Pension Benefits  
Summary of pension costs

The following table summarizes our pension costs during the three-month periods ended March 31, 2013 and 2012 (in thousands):

 

 

 

Three months ended
March 31,

 

 

 

2013

 

2012

 

Service cost

 

$

287

 

$

288

 

Interest cost

 

2,230

 

2,307

 

Expected return on plan assets

 

(3,069

)

(2,746

)

Amortization of net actuarial loss

 

202

 

166

 

Total net periodic cost

 

$

(350

)

$

15

 

Schedule of weighted average assumptions used to determine net costs

Weighted-Average Assumptions Used To Determine Net Cost

 

 

 

Three months ended
March 31,

 

 

 

2013

 

2012

 

Discount rate

 

3.850

%

4.300

%

Rate of compensation increase

 

N/A

 

N/A

 

Expected return on plan assets

 

7.500

%

7.500

%