XML 33 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Pension Plans
 3 Months Ended
Mar. 31, 2012
Pension Plans [Abstract]  
PENSION PLANS

NOTE C—PENSION PLANS

PLP-USA hourly employees of the Company who meet specific requirements as to age and service are covered by a defined benefit pension plan. The Company uses a December 31 measurement date for this plan. Net periodic benefit cost for this plan included the following components:

 

                 
    Three month period ended March 31  
    2012     2011  

Service cost

   $ 299     $ 230  

Interest cost

     344       327  

Expected return on plan assets

     (298 )      (272 ) 

Recognized net actuarial loss

     176       83  
   

 

 

    

 

 

  

Net periodic benefit cost

   $ 521     $ 368  
   

 

 

    

 

 

  

During the three month period ended March 31, 2012, $.3 million of contributions were made to the plan. The Company presently anticipates contributing an additional $1.9 million to fund the plan in 2012.