XML 32 R20.htm IDEA: XBRL DOCUMENT v3.20.2
Pensions
6 Months Ended
Jun. 30, 2020
Pensions [Abstract]  
Pensions
12.  Pensions
 
Components of Net Periodic Pension Cost

 
 
Three Months
Ended June 30
  
Six Months
Ended June 30
 
 
 
2020
  
2019
  
2020
  
2019
 
             
Service cost
 
$
235
  
$
212
  
$
469
  
$
424
 
Interest cost
  
364
   
411
   
728
   
822
 
Expected return on plan assets
  
(800
)
  
(683
)
  
(1,599
)
  
(1,366
)
Amortization of actuarial loss
  
93
   
105
   
185
   
210
 
Amortization of prior service cost
  
(3
)
  
(3
)
  
(6
)
  
(6
)
Rate-regulated adjustment
  
686
   
533
   
1,373
   
1,066
 
Net periodic pension expense
 
$
575
  
$
575
  
$
1,150
  
$
1,150
 

Pension service cost is recorded in operating expenses.  All other components of net periodic pension cost are recorded as other pension costs in other income (expenses).

Employer Contributions
 
The Company previously disclosed in its financial statements for the year ended December 31, 2019 that it expected to contribute $2,300 to its pension plans in 2020.  For the six months ended June 30, 2020, contributions of $1,150 have been made.  The Company expects to contribute the remaining $1,150 during the final two quarters of 2020.