Quarterly report pursuant to Section 13 or 15(d)

PENSION AND RETIREMENT BENEFIT PLANS. (Tables)

v3.19.2
PENSION AND RETIREMENT BENEFIT PLANS. (Tables)
 6 Months Ended
Jun. 30, 2019
Retirement Benefits [Abstract]  
Schedule of retirement plan costs

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

 

    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2019     2018     2019     2018  
                         
Interest cost   $ 190     $ 174     $ 380     $ 348  
Service cost     94       106       188       212  
Expected return on plan assets     (190 )     (204 )     (380 )     (408 )
Net periodic expense   $ 94     $ 76     $ 188     $ 152  
Schedule of postretirement plan costs

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

 

    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2019     2018     2019     2018  
                         
Interest cost   $ 55     $ 46     $ 110     $ 92  
Service cost     17       2       34       4  
Amortization of (gain) loss     30       33       60       66  
Net periodic expense   $ 102     $ 81     $ 204     $ 162