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Retirement Plans (Tables)
6 Months Ended
Jun. 30, 2023
Retirement Benefits [Abstract]  
Components of Net Periodic Benefits Cost

The following tables show the components of net periodic benefit cost included in expense for the periods indicated.



 

 

 

 

 

 

 

Other Post-

 

(in thousands)

 

Pension Benefits

 

 

Retirement Benefits

 

For The Three Months Ended June 30,

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

1,979

 

 

$

2,929

 

 

$

10

 

 

$

25

 

Interest cost

 

 

5,963

 

 

 

3,708

 

 

 

149

 

 

 

76

 

Expected return on plan assets

 

 

(11,178

)

 

 

(11,711

)

 

 

 

 

 

 

Amortization of net (gain) or loss and prior service costs

 

 

1,911

 

 

 

582

 

 

 

(158

)

 

 

(139

)

Net periodic benefit cost

 

$

(1,325

)

 

$

(4,492

)

 

$

1

 

 

$

(38

)

 



 

 

 

 

 

 

 

Other Post-

 

($ in thousands)

 

Pension Benefits

 

 

Retirement Benefits

 

For the Six Months Ended June 30,

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

3,959

 

 

$

5,729

 

 

$

(21

)

 

$

50

 

Interest cost

 

 

11,751

 

 

 

7,125

 

 

 

365

 

 

 

153

 

Expected return on plan assets

 

 

(22,356

)

 

 

(23,186

)

 

 

 

 

 

 

Amortization of net (gain) or loss and prior service costs

 

 

3,681

 

 

 

1,930

 

 

 

(409

)

 

 

(278

)

Net periodic benefit cost

 

$

(2,965

)

 

$

(8,402

)

 

$

(65

)

 

$

(75

)