Notes to the Consolidated Financial Statements

Note 6. Retirement Plan
The Company maintains a defined contribution pension plan covering all of its full-time shoreside employees who have completed the minimum period of continuous service, as defined in the plan. Annual contributions to the plan are based on fixed percentages of participants' salaries and years of service, not to exceed certain maximums, as defined in the plan. Pension cost was $4.3, $3.9, and $3.1 million for the years 1996, 1995 and 1994, respectively.

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