XML 39 R30.htm IDEA: XBRL DOCUMENT v3.22.2.2
Retirement Plans (Tables)
9 Months Ended
Sep. 30, 2022
Defined Benefit Plan Disclosure [Line Items]  
Net Periodic Benefit Cost

The components of net periodic benefit cost for the Company’s defined benefit plans were as follows (in thousands):

 

 

 

Pension Benefits

 

 

 

Pension Plans

 

 

SERP

 

 

 

Three Months Ended September 30,

 

 

Three Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

1,634

 

 

$

1,991

 

 

$

 

 

$

 

Interest cost

 

 

3,694

 

 

 

3,560

 

 

 

7

 

 

 

8

 

Expected return on plan assets

 

 

(7,099

)

 

 

(6,566

)

 

 

 

 

 

 

Amortization of actuarial loss

 

 

6

 

 

 

1,412

 

 

 

7

 

 

 

10

 

Net periodic benefit cost

 

$

(1,765

)

 

$

397

 

 

$

14

 

 

$

18

 

 

 

 

Pension Benefits

 

 

 

Pension Plans

 

 

SERP

 

 

 

Nine Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

4,903

 

 

$

5,971

 

 

$

 

 

$

 

Interest cost

 

 

11,056

 

 

 

10,679

 

 

 

22

 

 

 

23

 

Expected return on plan assets

 

 

(21,395

)

 

 

(19,699

)

 

 

 

 

 

 

Amortization of actuarial loss

 

 

248

 

 

 

3,300

 

 

 

22

 

 

 

30

 

Net periodic benefit cost

 

$

(5,188

)

 

$

251

 

 

$

44

 

 

$

53

 

Other Postretirement Benefits [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Net Periodic Benefit Cost

The components of net periodic benefit cost for the Company’s postretirement benefit plan were as follows (in thousands):

 

 

 

Other Postretirement Benefits

 

 

 

Postretirement Welfare Plan

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost

 

$

5

 

 

$

5

 

 

$

13

 

 

$

13

 

Amortization of actuarial gain

 

 

(98

)

 

 

(113

)

 

 

(295

)

 

 

(338

)

Net periodic benefit cost

 

$

(93

)

 

$

(108

)

 

$

(282

)

 

$

(325

)