PENSION AND POSTRETIREMENT BENEFITS

9 Months Ended

Sep. 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				Nine Months Ended
	September 30,				September 30,
(In thousands)	2013		2012		2013		2012
Qualified Pension Plan (1)
Interest cost	$	—	$	—	$	—	$	922
Expected return on plan assets	—		—		—		(1,748		)
Settlement	—		—		—		7,111
Amortization of prior service cost	—		—		—		221
Amortization of net loss	—		—		—		13,083
Net periodic pension cost	$	—	$	—	$	—	$	19,589
Postretirement Benefits
Service cost	$	455	$	234	$	1,285	$	1,280
Interest cost	355		351		1,145		1,187
Amortization of net loss	116		132		525		692
Total postretirement benefit cost	$	926	$	717	$	2,955	$	3,159

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