Retirement Benefit Plans

9 Months Ended

Sep. 30, 2011

10. Retirement Benefit Plans

Our defined benefit pension plans and postretirement medical plan are described in Note 11 of the 2010 annual report on Form 10-K. We have contributed $68 and $179 during the third quarter of 2011 and $202 and $387 during the first nine months of 2011 to our pension plans and to our postretirement medical plan, respectively.

The components of the net periodic benefit cost for the three and nine months ended September 30, 2011 and 2010 were as follows:

	Three Months Ended
	September 30
	Pension Benefits												Postretirement
	U.S. Plans						Non-U.S. Plans						Medical Benefits
	2011			2010			2011			2010			2011			2010
Service cost	$	163		$	165		$	25		$	13		$	33		$	30
Interest cost		503			508			122			52			153			171
Expected return on plan assets		(581	)		(586	)		(109	)		(36	)		-			-
Amortization of net actuarial loss		7			5			-			-			-			-
Amortization of prior service cost		137			138			40			-			(145	)		(145	)
Foreign currency		-			-			(325	)		95			-			-
Net periodic cost (benefit)	$	229		$	230		$	(247	)	$	124		$	41		$	56

	Nine Months Ended
	September 30
	Pension Benefits												Postretirement
	U.S. Plans						Non-U.S. Plans						Medical Benefits
	2011			2010			2011			2010			2011			2010
Service cost	$	489		$	493		$	75		$	40		$	99		$	91
Interest cost		1,509			1,524			366			157			459			511
Expected return on plan assets		(1,744	)		(1,755	)		(325	)		(109	)		-			-
Amortization of net actuarial loss		21			16			-			-			-			-
Amortization of prior service cost		412			415			118			-			(435	)		(435	)
Foreign currency		-			-			(248	)		(42	)		-			-
Net periodic cost (benefit)	$	687		$	693		$	(14	)	$	46		$	123		$	167

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

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+ Details