Quarterly report pursuant to Section 13 or 15(d)

8. Pension and Retirement Benefit Plans(Tables)

v3.7.0.1
8. Pension and Retirement Benefit Plans(Tables)
6 Months Ended
Jun. 30, 2017
Retirement Plan [Member]  
Defined contribution plan schedule

The Company’s net periodic Retirement Plan costs are as follows (in thousands):

 

    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2017     2016     2017     2016  
                         
Interest cost   $ 98     $ 172     $ 195     $ 344  
Service cost     188       56       375       112  
Expected return on plan assets     (169 )     (199 )     (337 )     (398 )
Net periodic expense   $ 117     $ 29     $ 233     $ 58  
Postretirement Plan [Member]  
Defined contribution plan schedule
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2017     2016     2017     2016  
                         
Interest cost   $ 21     $ 35     $ 42     $ 70  
Service cost     50       12       100       24  
Amortization of (gain) loss     33             66        
Net periodic expense   $ 104     $ 47     $ 208     $ 94