XML 56 R18.htm IDEA: XBRL DOCUMENT v2.4.1.9
Pension and Other Post-retirement Benefits
3 Months Ended
Mar. 31, 2015
Pension and Other Post-retirement Benefits  
Pension and Other Post-retirement Benefits

 

 

(8)Pension and Other Post-retirement Benefits

 

The following table sets forth the net periodic costs for the defined benefit pension plans and post retirement healthcare plans for the periods indicated (in thousands):

 

Components of net periodic benefit cost

 

 

Quarter ended March 31,

 

 

 

Pension benefits

 

Other post-retirement benefits

 

 

 

2015

 

2014

 

2015

 

2014

 

Service cost

 

$

1,430

 

1,035

 

 

 

Interest cost

 

1,531

 

1,457

 

15

 

16

 

Expected return on plan assets

 

(2,593

)

(2,416

)

 

 

Amortization of prior service cost

 

(581

)

(581

)

 

 

Amortization of the net loss

 

925

 

356

 

15

 

12

 

Net periodic (benefit)/ cost

 

$

712

 

(149

)

30

 

28

 

 

We anticipate making a contribution to our defined benefit pension plan of $4.0 million to $8.0 million during the year ending December 31, 2015.