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Employee Benefit Plans
9 Months Ended
Sep. 30, 2013
Employee benefit plans

Note 11 - Employee benefit plans:

Defined benefit plans - The components of net periodic defined benefit pension cost (income) are presented in the table below.

 

 

Three months ended
September 30,

 

  

Nine months ended
September 30,

 

 

2012

 

 

2013

 

  

2012

 

 

2013

 

 

(In thousands)

 

Interest cost

$

  627

  

 

$

  609

  

  

$

  1,898

  

 

$

  1,707

  

Expected return on plan assets

 

(914

)

 

 

(990

)

  

 

(2,743

)

 

 

(2,976

)

Recognized actuarial losses

 

  332

  

 

 

  306

  

  

 

  994

  

 

 

  921

  

Total

$

  45

  

 

$

(75

)

  

$

  149

  

 

$

(348

)

Postretirement benefits - The components of net periodic postretirement benefits other than pension cost (income) are presented in the table below.

 

 

Three months ended
September 30,

 

  

Nine months ended
September 30,

 

 

2012

 

 

2013

 

  

2012

 

  

2013

 

 

(In thousands)

 

Interest cost

$

  39

  

 

$

  26

  

  

$

  118

  

  

$

  78

  

Amortization of prior service credit

 

(175

)

 

 

(172

)

  

 

(524

)

  

 

(514

)

Recognized actuarial gain

 

(24

)

 

 

(37

)

  

 

(74

)

  

 

(111

)

Total

$

(160

)

 

$

(183

)

  

$

(480

)

  

$

(547

)

Contributions - We currently expect our 2013 contributions to our defined benefit pension plans and other postretirement plans to be approximately $2.4 million.