LensCrafters 2008 Annual Report Download - page 85

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The accumulated benefit obligations for the pension plans and SERPs as of December 31, 2008 and
September 30, 2007 and 2006 were as follows (thousands of Euro):
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS |83 <
Amounts recognized in the consolidated balance sheets as of December 31, 2008 and 2007, consist of the
following (thousands of Euro):
Obligation and funded status Pension Plans SERP
2008 2007 2008 2007
Liabilities:
Current liabilities - - 443 770
Noncurrent liabilities 129,141 40,211 11,572 9,325
Total accrued pension liabilities 129,141 40,211 12,015 10,095
Other comprehensive income:
Net loss 104,015 28,380 3,535 3,898
Prior service cost 217 283 5 17
Contributions after measurement date - - 5
Accumulated other comprehensive income 104,232 28,663 3,540 3,920
Pension plans SERP
2008 2007 2006 2008 2007 2006
Accumulated benefit obligations 288,828 245,829 255,239 10,124 7,989 6,542
Components of net periodic benefit cost
and other amounts recognized
in other comprehensive income
Net periodic benefit cost:
Service cost 17,333 16,449 13,326 543 504 335
Interest cost 16,968 15,606 15,090 696 589 442
Expected return on plan assets (17,256) (16,703) (15,837)
Amortization of actuarial loss 1,174 2,640 3,277 342 413 299
Amortization of prior service cost 52 547 561 (9) 9 10
Net periodic benefit cost 18,271 18,539 16,417 1,572 1,515 1,086
Adjustment due to change in measurement date 4,568 397
Other changes in plan assets and benefit obligations
recognized in other comprehensive income:
Net loss (gain) 77,303 (9,191) 4,518 92 1,871 1,831
Prior service cost 297
Amortization of actuarial loss (1,467) (2,640) (3,277) (427) (413) (299)
Amortization of prior service cost (64) (547) (561) (11) (9) (10)
Total recognized in other comprehensive income 75,772 (12,378) 977 (346) 1,449 1,522
Total 98,611 6,161 17,394 1,623 2,964 2,608