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Pension and Postretirement Benefits
3 Months Ended
Mar. 31, 2013
Pension and Postretirement Benefits
7.

Pension and Postretirement Benefits

The estimated components of the recorded net periodic benefit cost (credit) for pension and postretirement benefits are as follows:

 

     Three Months Ended March 31,  
     Pension     Postretirement Benefits  
     2013     2012     2013     2012  
     (Dollars in Thousands)   

Service cost

   $ 4,064      $ 3,600      $ 65      $ 66   

Interest cost

     5,749        5,941        248        315   

Expected return on assets

     (6,663     (5,970     --         --    

Amortization of:

        

Prior service cost (credit)

     112        122        (814     (814

Actuarial loss (gain)

     3,835        3,317        --         (64
  

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost (credit)

   $ 7,097      $ 7,010      $ (501   $ (497