Rite Aid 2011 Annual Report Download - page 97

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RITE AID CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
For the Years Ended February 26, 2011, February 27, 2010 and February 28, 2009
(In thousands, except per share amounts)
15. Retirement Plans (Continued)
Net periodic pension expense and other changes recognized in other comprehensive income for the
defined benefit plans included the following components:
Defined Benefit Nonqualified Executive
Pension Plan Retirement Plan
2011 2010 2009 2011 2010 2009
Service cost ........................ $2,972 $ 2,603 $ 2,819 $ 72 $ 54 $ 51
Interest cost ........................ 6,124 6,032 5,741 847 1,130 1,199
Expected return on plan assets .......... (4,819) (2,637) (5,305) — — —
Amortization of unrecognized prior service
cost ............................ 861 861 997 — — —
Amortization of unrecognized net loss (gain) 2,114 3,037 328 (926) 651 (422)
Net pension expense ................ $7,252 $ 9,896 $ 4,580 $ (7) $ 1,835 $ 828
Other changes recognized in other
comprehensive loss:
Unrecognized net (gain) loss arising
during period .................... $ 279 $(4,339) $24,694 $ 593 $(1,572) $(2,130)
Prior service cost arising during period . . . — — 2 — — —
Amortization of unrecognized prior service
costs .......................... (861) (860) (997) — — —
Amortization of unrecognized net (loss)
gain ........................... (2,114) (3,037) (328) 925 (651) 422
Net amount recognized in other
comprehensive loss ................. (2,696) (8,236) 23,371 1,518 (2,223) (1,708)
Net amount recognized in pension expense
and other comprehensive loss .......... $4,556 $ 1,660 $27,951 $1,511 $ (388) $ (880)
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