Napa Auto Parts 2010 Annual Report Download - page 58
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Please find page 58 of the 2010 Napa Auto Parts annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Table of Contents
Information about the expected cash flows for the pension plans and other post retirement benefit plans follows:
2011 (expected) $ 51,666 $ 2,823 $ —
2011 $ 59,966 $ 2,975 $ (152)
2012 66,053 2,302 (147)
2013 72,723 1,882 (141)
2014 78,646 1,667 (135)
2015 84,549 1,484 (126)
2016 through 2020 521,897 4,115 (477)
Net periodic benefit cost included the following components:
Service cost $ 16,534 $ 53,311 $ 443 $ 880
Interest cost 93,493 90,300 1,264 1,614
Expected return on plan assets (113,370) (114,690) — —
Amortization of prior service (credit) cost (7,010) (24) (225) 371
Amortization of actuarial loss 21,990 17,962 1,759 1,616
Curtailment gain (4,298) — — —
Net periodic benefit cost $ 7,339 $ 46,859 $ 3,241 $ 4,481
Other changes in plan assets and benefit obligations recognized in other comprehensive income are as follows:
Current year actuarial loss (gain) $ (125,816) $ 488,384 $ (1,190) $ 1,282
Recognition of actuarial loss (21,990) (17,962) (1,759) (1,616)
Current year prior service cost (credit) — (66,349) (13,182) —
Recognition of prior service cost (credit) 11,308 24 225 (371)
Total recognized in other comprehensive income $ (136,498) $ 404,097 $ (15,906) $ (705)
Total recognized in net periodic benefit cost and
other comprehensive income $(129,159) $450,956 $(12,665) $ 3,776
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