Retirement Plans

9 Months Ended

Sep. 30, 2012

Retirement Plans

Note 5: Retirement Plans

	Three Months Ended
	September 30, 2012			September 30, 2011
(in thousands)
Service cost	$	251		$	236
Interest cost		446			447
Expected return on plan assets		(691	)		(565	)
Amortization of prior service cost		0			1
Amortization of net loss		298			112
Net periodic pension cost	$	304		$	231

	Nine Months Ended
	September 30, 2012			September 30, 2011
(in thousands)
Service cost	$	755		$	708
Interest cost		1,341			1,341
Expected return on plan assets		(2,076	)		(1,692	)
Amortization of prior service cost		0			3
Amortization of net loss		892			333
Net periodic pension cost	$	912		$	693

The Company currently expects to contribute a minimum of $1.080 million to its pension plans in 2012, of which $1.021 million was contributed in the first nine months of 2012. The weighted-average discount rate assumed in the actuarial calculation of the benefit obligation for 2012 was 4.50 percent.