XML 39 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Pension and Postretirement Benefits
3 Months Ended
Mar. 31, 2012
Pension and Postretirement Benefits [Abstract]  
Pension and Postretirement Benefits

Note 14. Pension and Postretirement Benefits

The net periodic benefit cost of Viad’s pension and postretirement benefit plans for the three months ended March 31 included the following components:

 

                                                 
    Domestic Plans              
                Postretirement     Foreign  
    Pension Plans     Benefit Plans     Pension Plans  
    2012     2011     2012     2011     2012     2011  
    (in thousands)  

Service cost

  $ 27     $ 37     $ 37     $ 37     $ 122     $ 92  

Interest cost

    297       300       197       232       184       182  

Expected return on plan assets

    (151     (141     (22     (33     (156     (167

Amortization of prior service credit

    —         —         (278     (319     —         —    

Recognized net actuarial loss

    130       170       154       160       6       3  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

  $ 303     $ 366     $ 88     $ 77     $ 156     $ 110  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Viad expects to contribute $1.6 million to its funded pension plans, $956,000 to its unfunded pension plans and $450,000 to its postretirement benefit plans in 2012. As of March 31, 2012, Viad had contributed $333,000 to its funded pension plans, $237,000 to its unfunded pension plans and $43,000 to its postretirement benefit plans.