Pension and Other Postretirement Benefits

9 Months Ended

Sep. 30, 2012

Pension and Other Postretirement Benefits

Note 7. Pension and Other Postretirement Benefits

The following table summarizes the components of net periodic benefit cost for the Company’s defined benefit pension plans and other postretirement benefit plans recognized for the three and nine-month periods ended September 30, 2012 and 2011:

	Three Months Ended September 30,
	Pension Benefits												Other Postretirement Benefits
	U.S. Plans						Non-U.S. Plans
	2012			2011			2012			2011			2012			2011
Service cost	$	—		$	—		$	205		$	272		$	7		$	7
Interest cost		826			897			2,646			3,024			181			193
Expected return on plan assets		(1,074	)		(1,054	)		(2,569	)		(2,794	)		—			—
Recognition of:
Unrecognized prior service cost		—			—			9			10			(15	)		(15	)
Unrecognized net actuarial loss (gain)		475			308			309			221			(202	)		(318	)
Total net periodic benefit cost (income)	$	227		$	151		$	600		$	733		$	(29	)	$	(133	)

	Nine Months Ended September 30,
	Pension Benefits												Other Postretirement Benefits
	U.S. Plans						Non-U.S. Plans
	2012			2011			2012			2011			2012			2011
Service cost	$	—		$	—		$	777		$	810		$	21		$	22
Interest cost		2,478			2,691			7,994			9,060			544			579
Expected return on plan assets		(3,222	)		(3,162	)		(7,723	)		(8,380	)		—			—
Recognition of:
Unrecognized prior service cost		—			—			27			29			(45	)		(45	)
Unrecognized net actuarial loss (gain)		1,425			924			929			664			(606	)		(954	)
Total net periodic benefit cost (income)	$	681		$	453		$	2,004		$	2,183		$	(86	)	$	(398	)