Quarterly report pursuant to Section 13 or 15(d)

PENSION AND RETIREMENT BENEFIT PLANS. (Tables)

v3.19.3
PENSION AND RETIREMENT BENEFIT PLANS. (Tables)
 9 Months Ended
Sep. 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
September 30,		     Nine Months Ended
September 30,		  
    2019     2018     2019     2018  
                         
Interest cost   $ 190     $ 174     $ 570     $ 522  
Service cost     94       106       282       318  
Expected return on plan assets     (190 )     (204 )     (570 )     (612 )
Net periodic expense   $ 94     $ 76     $ 282     $ 228  
Schedule of postretirement plan costs

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

 

    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
    2019     2018     2019     2018  
                         
Interest cost   $ 55     $ 46     $ 165     $ 138  
Service cost     17       2       51       6  
Amortization of loss     30       33       90       99  
Net periodic expense   $ 102     $ 81     $ 306     $ 243