Retirement Plans

6 Months Ended

Jun. 30, 2019

Compensation And Retirement Disclosure [Abstract]

Retirement Plans

14.  Retirement Plans

The Company and certain of its subsidiaries have pension and profit sharing plans covering substantially all of their employees. The Company’s defined benefit pension plan, The Pension Agreement between Akro-Mils and United Steelworkers of America Local No. 1761-02, provides benefits primarily based upon a fixed amount for each year of service. The plan was frozen in 2007, and thus benefits for service were no longer accumulated after this date.

Net periodic pension cost is as follows:

	For the Quarter Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
Interest cost	$	60		$	56		$	120		$	112
Expected return on assets		(46	)		(79	)		(92	)		(158	)
Amortization of net loss		24			21			48			42
Net periodic pension cost	$	38		$	(2	)	$	76		$	(4	)

The Company expects to make a contribution to the plan of $30 in 2019.