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Employee Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2022
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Cost (Credit)

The following table summarizes the components of net periodic benefit cost (credit) related to the Company’s pension plans for the three month periods ended March 31, 2022 and 2021:

 

 

 

Pension Plans

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Components of Net Periodic Benefit Cost (Credit):

 

 

 

 

 

 

 

 

Service cost

 

$

211

 

 

$

226

 

Interest cost

 

 

3,000

 

 

 

2,115

 

Expected return on plan assets

 

 

(6,624

)

 

 

(6,534

)

Amortization of:

 

 

 

 

 

 

 

 

Prior service cost

 

 

29

 

 

 

30

 

Net actuarial loss (gain)

 

 

1,087

 

 

 

1,687

 

Settlement loss

 

 

436

 

 

 

380

 

Net periodic benefit cost (credit)

 

$

(1,861

)

 

$

(2,096

)