PENSION AND POSTRETIREMENT BENEFITS

6 Months Ended

Jun. 30, 2013

PENSION AND POSTRETIREMENT BENEFITS

PENSION AND POSTRETIREMENT BENEFITS

10. PENSION AND POSTRETIREMENT BENEFITS

The components of net periodic benefit costs, included in general and administrative expense in the Condensed Consolidated Statement of Operations, were as follows:

	Three Months Ended					Six Months Ended
	June 30,					June 30,
(In thousands)	2013		2012			2013		2012
Qualified Pension Plan (1)
Interest cost	$	—	$	461		$	—	$	922
Expected return on plan assets	—		(874		)	—		(1,748		)
Settlement	—		7,111			—		7,111
Amortization of prior service cost	—		110			—		221
Amortization of net loss	—		6,541			—		13,083
Net periodic pension cost	$	—	$	13,349		$	—	$	19,589
Postretirement Benefits
Service cost	$	415	$	523		$	830	$	1,046
Interest cost	395		418			790		836
Amortization of net loss	205		280			410		560
Total postretirement benefit cost	$	1,015	$	1,221		$	2,030	$	2,442

(1) On July 13, 2012, the Company made a final distribution of benefits from the qualified pension plan.