XML 27 R16.htm IDEA: XBRL DOCUMENT v3.19.1
Pension
3 Months Ended
Mar. 31, 2019
Pension [Abstract]  
Pension
Pension
The amount of net pension cost is shown in the table below:
 
 
For the Three Months Ended March 31
(In thousands)
 
2019
2018
Service cost - benefits earned during the period
 
$
159

$
153

Interest cost on projected benefit obligation
 
1,065

950

Expected return on plan assets
 
(1,196
)
(1,437
)
Amortization of prior service cost
 
(68
)
(68
)
Amortization of unrecognized net loss
 
586

592

Net periodic pension cost
 
$
546

$
190



All benefits accrued under the Company’s defined benefit pension plan have been frozen since January 1, 2011. During the first three months of 2019, the Company made no funding contributions to its defined benefit pension plan and made minimal funding contributions to a supplemental executive retirement plan (the CERP), which carries no segregated assets.