Retirement Plans

3 Months Ended

Mar. 31, 2013

Retirement Plans

Retirement Plans

(13) Retirement Plans

We have defined benefit pension plans covering many of our employees, including certain employees in Germany and the U.K. The components of net periodic pension cost for these plans are as follows:

	Domestic Plan						Foreign Plans
	Three Months Ended March 31,						Three Months Ended March 31,
	2013			2012			2013			2012
Service cost	$	12		$	4		$	142		$	113
Interest cost	770			850			374			405
Expected return on plan assets	(1,138		)	(1,046		)	(144		)	(118		)
Amortization of prior service credit	—			—			(13		)	(13		)
Amortization of net loss	365			313			136			12
Net periodic pension cost	$	9		$	121		$	495		$	399

Based on our domestic plan’s current funded status, we anticipate making contributions of $2.3 million to our domestic plan in 2013 as required by federal laws and regulations. As of March 31, 2013, we have contributed $0.2 million to this plan. Our anticipated contributions to the pension plan of our U.K. subsidiary approximate $0.7 million for the current year. As of March 31, 2013, we have made contributions of $0.2 million to this plan. The pension plans of our German entities hold insurance contracts which relate to a single participant. These entities use operating cash to pay participant benefits as they become due. Expected 2013 benefit payments under these plans are $1.3 million, of which $0.3 million was paid through March 31, 2013.

We provide postretirement life insurance benefits to a limited number of certain eligible hourly retirees and their dependents. The activity in this plan is not material to the condensed consolidated financial statements.