Rite Aid 2012 Annual Report Download - page 102

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RITE AID CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
For the Years Ended March 3, 2012, February 26, 2011 and February 27, 2010
(In thousands, except per share amounts)
14. Retirement Plans (Continued)
Net periodic pension expense and other changes recognized in other comprehensive income for the
defined benefit plans included the following components:
Nonqualified Executive
Defined Benefit Pension Plan Retirement Plan
2012 2011 2010 2012 2011 2010
Service cost ......................... $ 2,988 $ 2,972 $ 2,603 $ 21 $ 72 $ 54
Interest cost ......................... 6,501 6,124 6,032 771 847 1,130
Expected return on plan assets ........... (6,192) (4,819) (2,637) — — —
Amortization of unrecognized prior service
cost ............................. 639 861 861 — — —
Amortization of unrecognized net loss (gain) . 2,435 2,114 3,037 (582) (926) 651
Net pension expense(income) .......... $ 6,371 $ 7,252 $ 9,896 $ 210 $ (7) $ 1,835
Other changes recognized in other
comprehensive loss:
Unrecognized net (gain) loss arising during
period .......................... $24,664 $ 279 $(4,339) $ 595 $ 593 $(1,572)
Prior service cost arising during period .... (275) — — — — —
Amortization of unrecognized prior service
costs ........................... (639) (861) (860) — — —
Amortization of unrecognized net (loss)
gain ........................... (2,435) (2,114) (3,037) 582 925 (651)
Net amount recognized in other
comprehensive loss .................. 21,315 (2,696) (8,236) 1,177 1,518 (2,223)
Net amount recognized in pension expense
and other comprehensive loss .......... $27,686 $ 4,556 $ 1,660 $1,387 $1,511 $ (388)
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