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Pensions and Other Postretirement Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2020
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Plan Cost

The composition of the net periodic benefit cost for the three months ended March 31, 2020 and 2019, was as follows:

Pension plans

Other postretirement benefits

(in thousands)

2020

2019

2020

2019

Components of net periodic benefit cost:

Service cost

$580

$632

$50

$47

Interest cost

1,550

1,794

428

528

Expected return on assets

(1,723)

(2,057)

-

-

Amortization of prior service cost/(credit)

8

17

(1,122)

(1,122)

Amortization of net actuarial loss

596

564

648

557

Net periodic benefit cost

$1,011

$950

$4

$10