Pension and Other Post-Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2011

Pension and Other Post-Retirement Plans

Schedule of combined funded status of the pension plans and their reconciliation with the related amounts recognized in balance sheet

	December 31,
	2011			2010
Change in benefit obligation:
Benefit obligation at beginning of year	$	88,873		$	87,585
Service cost		2,097			1,750
Interest cost		4,576			4,799
Prior Service Cost		—			(1,405	)
Participant contributions		1,079			1,153
Curtailments		—			(4,329	)
Actuarial (gain) loss		794			5,117
Benefits paid		(2,440	)		(2,734	)
Settlement payments		(3,101	)		(2,978	)
Other, principally foreign exchange		(608	)		(85	)
Benefit obligation at end of year		91,270			88,873
Change in plan assets:
Fair value of plan assets at beginning of year		73,200			68,663
Business sale		—			(3,942	)
Actual gain (loss) on plan assets		(876	)		7,334
Employer contributions		2,859			2,907
Participant contributions		1,079			1,153
Benefits paid		(2,440	)		(2,734	)
Settlement payments		—			—
Other, principally foreign exchange		(626	)		(181	)
Fair value of assets at end of year		73,196			73,200
Amounts recognized in the consolidated balance sheets:
Funded status (current)		—			(2,998	)
Funded status (noncurrent)		(18,074	)		(12,675	)
Accumulated other comprehensive income (pre-tax):
Unrecognized actuarial loss		16,537			9,045
Unrecognized prior service cost		(1,088	)		—
Net amount recognized	$	(2,625	)	$	(6,628	)

Schedule of components of net periodic pension cost

	December 31,
	2011			2010			2009
Components of net periodic pension benefit cost:
Service cost	$	2,097		$	1,750		$	1,553
Interest cost		4,576			4,799			4,671
Expected return on plan assets		(5,170	)		(4,767	)		(3,921	)
Amortization of actuarial gains/losses		382			503			522
Curtailments		—			1,692			(249	)
Amortization of unrecognized prior service cost		(79	)		(51	)		43
Net periodic cost	$	1,806		$	3,926		$	2,619

Schedule of amounts included in accumulated other comprehensive income expected to be recognized as components of net periodic pension cost during the next fiscal year

fiscal year ending December 31, 2012 are as follows:

Net gain or loss	$	(78	)
Net prior service cost		885
Net amount expected to be recognized	$	807

Schedule of weighted-average actuarial assumptions used to determine the benefit obligation and net periodic benefit cost

	U.K. Plan									Canadian Plan
	2011			2010			2009			2011			2010			2009
Discount rates:
Benefit obligation		4.80	%		5.40	%		5.80	%		5.30	%		5.50	%		6.40	%
Net periodic pension cost		5.40	%		5.80	%		6.20	%		5.50	%		6.40	%		7.50	%
Rate of compensation increase		3.50	%		4.00	%		3.60	%		3.25	%		3.25	%		3.25	%
Expected return on assets		7.50	%		7.80	%		6.62	%		7.00	%		7.00	%		7.00	%

Schedule of future pension benefit payments expected to be paid

Year	U.K. Plan		Canadian Plan
2012	$	824	$	1,244
2013	$	839	$	1,352
2014	$	870	$	1,391
2015	$	901	$	1,499
2016	$	917	$	1,611
2017 - 2021	$	5,051	$	10,571

U.K. Plan

Pension and Other Post-Retirement Plans

Schedule of fair value of defined benefit pension plan assets by asset category

The fair value of our U.K. Plan assets at December 31, 2011 by asset category is as follows:

Asset Category	Market Value at 12/31/2011		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Equity securities in U.K. companies (a)	$	7,056	$	—	$	7,056	$	—
Equity securities in non-U.K. companies (a)		6,326		—		6,326		—
Global Return Fund (a)		15,386		—		15,386		—
Fixed-income U.K. government bonds (a)		—		—		—		—
Corporate bonds (a)		4,243		—		4,243		—
Real estate		9,356		—		—		9,356
Cash (b)		171		171		—		—
Total pension assets	$	42,538	$	171	$	33,011		9,356

(a)

The assets are invested through managed funds that are valued using inputs derived principally from quoted prices in active markets for the underlying assets in the fund.

(b)

The fair value of cash equals its book value.

        The fair value of our U.K. Plan assets at December 31, 2010 by asset category is as follows:

Asset Category	Market Value at 12/31/2010		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Equity securities in U.K. companies (a)	$	16,785	$	—	$	16,785	$	—
Equity securities in non-U.K. companies (a)		15,206		—		15,206		—
Fixed-income U.K. government bonds (a)		3,963		—		3,963		—
Corporate bonds (a)		5,384		—		5,384		—
Real estate		2,416		—		—		2,416
Cash (b)		189		189		—		—
Total pension assets	$	43,943	$	189	$	41,338	$	2,416

(a)

The assets are invested through managed funds that are valued using inputs derived principally from quoted prices in active markets for the underlying assets in the fund.

(b)

The fair value of cash equals its book value.

Schedule of changes in fair value of pension assets valued using significant unobservable inputs (Level 3)

	General Account
Beginning balance at December 31, 2010	$	2,416
Purchases		6,616
Unrealized gain on asset still held at December 31, 2011		324
Ending balance at December 31, 2011	$	9,356

	General Account
Beginning balance at December 31, 2009	$	1,686
Purchases		507
Unrealized gain on asset still held at December 31, 2010		223
Ending balance at December 31, 2010	$	2,416

Canadian Plan

Pension and Other Post-Retirement Plans

Schedule of fair value of defined benefit pension plan assets by asset category

Asset Category	Value at 12/31/2011		Markets for Identical Assets (Level 1)		Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Equity securities in Canadian companies (a)	$	9,759	$	9,049	$	710	$	—
Equity securities in non-Canadian companies (a)		9,169		4,773		4,396		—
Government bonds		4,629		4,629		—		—
Corporate bonds		6,470		6,470		—		—
Other short-term investment (b)		377		—		377		—
Cash and cash equivalents (c)		254		254		—		—
Total pension assets	$	30,658	$	25,175	$	5,483	$	—

(a)

Direct investments in equity securities are valued at quoted prices in active markets for identical assets. Equity securities invested through pooled funds are valued using inputs derived principally from the quoted prices in active markets for the underlying assets in the pool.

(b)

Other short-term investments are investments in pooled money market funds that are valued using inputs derived principally from the quoted prices in active markets for the underlying assets in the pool.

(c)

The carrying value of cash and cash equivalents approximates fair value because of the short-term maturity of these instruments.

Asset Category	Market Value at 12/31/2010		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Equity securities in Canadian companies (a)	$	9,634	$	8,927	$	707		—
Equity securities in non-Canadian companies (a)		8,841		8,841		—		—
Government bonds		2,998		2,998		—		—
Corporate bonds		6,187		6,187		—		—
Other short-term investment (b)		1,423		—		1,423		—
Cash and cash equivalents (c)		174		174		—		—
Total pension assets	$	29,257	$	27,127	$	2,130	$	—

(a)

Direct investments in equity securities are valued at quoted prices in active markets for identical assets. Equity securities invested through pooled funds are valued using inputs derived principally from the quoted prices in active markets for the underlying assets in the pool.

(b)

Other short-term investments are investments in pooled money market funds that are valued using inputs derived principally from the quoted prices in active markets for the underlying assets in the pool.

(c)

The carrying value of cash and cash equivalents approximates fair value because of the short-term maturity of these instruments.