Employee benefit plans

9 Months Ended

Sep. 30, 2022

Employee benefit plans

Employee benefit plans

Note 11 – Employee benefit plans:

The components of net periodic defined benefit pension cost are presented in the table below.

	Three months ended				Nine months ended
	September 30,				September 30,
	2021		2022		2021		2022
	(In thousands)
Interest cost	$	279	$	297	$	711	$	891
Expected return on plan assets		(398)		(392)		(1,194)		(1,176)
Recognized actuarial losses		376		373		1,128		1,119
Total	$	257	$	278	$	645	$	834

We currently expect our 2022 contributions to our defined benefit pension plans to be approximately $1.2 million.