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Employee Benefit Plans
 6 Months Ended
Jun. 30, 2014
Employee Benefit Plans

Note 10 - Employee benefit plans:

Defined benefit plans - The components of net periodic defined benefit pension cost (income) are presented in the table below.

 

 

Three months ended
June 30,

 

  

Six months ended
June 30,

 

 

2013

 

 

2014

 

  

2013

 

 

2014

 

 

(In thousands)

 

Interest cost

$

526

  

 

$

644

 

  

$

1,098

 

 

$

1,272

 

Expected return on plan assets

 

(986

)

 

 

(856

)

  

 

(1,986

)

 

 

(1,708

)

Recognized actuarial losses

 

306

  

 

 

222

 

  

 

615

 

 

 

454

 

Total

$

(154

)

 

$

10

 

  

$

(273

)

 

$

18

 

Postretirement benefits - The components of net periodic postretirement benefits other than pension (OPEB) income are presented in the table below.

 

 

Three months ended
June 30,

 

  

Six months ended
June 30,

 

 

2013

 

 

2014

 

  

2013

 

  

2014

 

 

(In thousands)

 

Interest cost

$

26

 

 

$

28

 

  

$

52

 

  

$

57

 

Amortization of prior service credit

 

(171

)

 

 

(161

)

  

 

(342

)

  

 

(322

)

Recognized actuarial gain

 

(37

)

 

 

(44

)

  

 

(74

)

  

 

(88

)

Total

$

(182

)

 

$

(177

)

  

$

(364

)

  

$

(353

)

Contributions - We currently expect our 2014 contributions to our defined benefit pension plans and other postretirement plans to be approximately $2.3 million.