Employee Retirement Plans

9 Months Ended

Sep. 30, 2024

Employee Retirement Plans

Employee Retirement Plans

7.    Employee Retirement Plans

The components of our pension expense were as follows:

		Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
	(Dollars in thousands)
Service cost	$	113	$	116	$	306	$	350
Interest cost		639		658		1,913		1,974
Expected return on plan assets		(607)		(575)		(1,831)		(1,726)
Net amortization and deferral		107		124		305		372
Pension expense	$	252	$	323	$	693	$	970

The components of pension expense other than the service cost component were included in “other expense, net” in the Consolidated Condensed Statements of Earnings and Comprehensive Income (Unaudited).