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Retirement Plans and Other Post-Retirement Benefits
3 Months Ended
Mar. 31, 2019
Compensation And Retirement Disclosure [Abstract]  
Retirement Plans and Other Post-Retirement Benefits

11.

RETIREMENT PLANS AND OTHER POST-RETIREMENT BENEFITS

The following tables provide information with respect to the net periodic costs of our pension and post-retirement medical benefit plans included in continuing operations.

 

 

 

 

Three months ended

March 31

 

In thousands

 

2019

 

 

 

2018

 

Pension Benefits

 

 

 

 

 

 

 

 

 

Service cost

 

$

484

 

 

 

$

594

 

Interest cost

 

 

3,450

 

 

 

 

3,241

 

Expected return on plan assets

 

 

(3,696

)

 

 

 

(5,531

)

Amortization of prior service

   cost

 

 

34

 

 

 

 

5

 

Amortization of unrecognized

   loss

 

 

775

 

 

 

 

2,060

 

Total net periodic benefit cost

 

$

1,047

 

 

 

$

369

 

 

 

 

 

 

 

 

 

 

 

Other Benefits

 

 

 

 

 

 

 

 

 

Service cost

 

$

9

 

 

 

$

15

 

Interest cost

 

 

84

 

 

 

 

80

 

Amortization of prior

   service credit

 

 

(2

)

 

 

 

 

Amortization of

   actuarial gain

 

 

(173

)

 

 

 

(16

)

Total net periodic

   benefit cost

 

$

(82

)

 

 

$

79

 

 

In April 2019, we informed participants our qualified pension plan benefits would be frozen as of May 31, 2019 and the plan would be terminated June 30, 2019.  We intend to replace this benefit for active employees with an enhanced defined contribution plan.