XML 34 R10.htm IDEA: XBRL DOCUMENT v2.3.0.15
Pension Benefits
3 Months Ended
Sep. 30, 2011
Pension Benefits [Abstract] 
Pension Benefits

Note 5 –   Pension Benefits

We and certain of our operating subsidiaries have sponsored multiple defined benefit pension plans covering union workers at certain locations. As a result of restructuring activities in recent years, we no longer have any active employees continuing to accrue service cost or otherwise eligible to receive plan benefits. Benefits being paid under the plans are primarily based on negotiated rates and years of service. We contribute to these plans at least the minimum amount required by regulation or contract.

The following table summarizes the components of net periodic benefit cost for our pension plans:

 

 

 

 

Three Months Ended

September 30

 

  2011

 

  2010

Components of net periodic benefit cost

 

 

 

Interest cost

    $   483

 

    $ 487

Expected return on plan assets

       (599)

 

      (507)

Amortization of unrecognized net loss

          89

 

       137

 

 

 

 

 

 

          Net periodic benefit (income) cost

    $    (27)

 

    $ 117

 

For the three months ended September 30, 2011, we made pension plan contributions totaling approximately $1.0 million. We do not expect to make any further contributions to our pension plans during the remainder of 2012.