Coach 2006 Annual Report Download - page 45

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 




Benefit obligation at beginning of year $ 6,723 $ 5,798
Service cost 721 357
Interest cost 353 333
Actuarial loss (gain) 508 (59)
Prior service cost — 755
Foreign exchange impact (92) (25)
Benefits paid (395) (436)
Benefit obligation at end of year $ 7,818 $ 6,723

Fair value of plan assets at beginning of year $ 4,880 $ 3,852
Actual return on plan assets 252 241
Employer contributions 231 1,223
Benefits paid (395) (436)
Fair value of plan assets at end of year $ 4,968 $ 4,880

Funded status at end of year $ (2,850) $ (1,843)
Unrecognized net actuarial loss N/A 2,286
Net amount recognized N/A $ 443

Accrued benefit cost N/A $ (1,507)
Accumulated other comprehensive income N/A 1,950
Net amount recognized N/A $ 443
Current liabilities $ (123) N/A
Noncurrent liabilities (2,727) N/A
Net amount recognized $ (2,850) N/A


Net actuarial loss $ 2,494 N/A
 $ 7,417 $ 6,497


Projected benefit obligation $ 7,818 $ 6,723
Accumulated benefit obligation 7,417 6,497
Fair value of plan assets 4,968 4,880


Discount rate 5.02% 5.42%
Rate of compensation increase 2.60% 3.00%
58






 






Service cost $ 721 $ 357 $ 14
Interest cost 353 333 308
Expected return on plan assets (307) (255) (181)
Amortization of net actuarial loss 217 313 190
Net periodic benefit cost $ 984 $ 748 $ 331


Discount rate 5.42% 5.25% 6.00%