Pension Plans

9 Months Ended

Sep. 30, 2019

Compensation And Retirement Disclosure [Abstract]

Pension Plans

NOTE E – PENSION PLANS

The Company uses a December 31 measurement date for the Preformed Line Products Company Employees’ Retirement Plan (the “Plan”).  Net periodic pension cost for this plan included the following components:

	Three Months Ended September 30						Nine Months Ended September 30
	2019			2018			2019			2018
Service cost	$	130		$	22		$	225		$	188
Interest cost		350			346			1,058			1,012
Expected return on plan assets		(483	)		(612	)		(1,459	)		(1,603	)
Recognized net actuarial loss		140			151			390			393
Net periodic pension cost (benefit)	$	137		$	(93	)	$	214		$	(10	)

No contributions were made to the Plan during the nine months ended September 30, 2019. The Company does not plan to contribute additional funds to the Plan during the remainder of 2019.