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Pension and Other Post-Retirement Benefits (Tables)
9 Months Ended
Sep. 30, 2016
Pension and Post-Retirement Plans

The following tables set forth certain disclosures for the Company’s pension and post-retirement plans for the periods indicated:

 

     For the Three Months Ended September 30,  
     2016      2015  
(in thousands)    Pension
Benefits
     Post-
Retirement
Benefits
     Pension
Benefits
     Post-Retirement
Benefits
 

Components of net periodic (credit) expense:

           

Interest cost

   $ 1,470       $ 160       $ 1,516       $ 175   

Service cost

     —           1         —           1   

Expected return on plan assets

     (3,906      —           (4,390      —     

Amortization of prior-service costs

     —           (62      —           (62

Amortization of net actuarial loss

     2,262         81         2,052         96   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic (credit) expense

   $ (174    $ 180       $ (822    $ 210   
  

 

 

    

 

 

    

 

 

    

 

 

 
     For the Nine Months Ended September 30,  
     2016      2015  
(in thousands)    Pension
Benefits
     Post-
Retirement
Benefits
     Pension
Benefits
     Post-Retirement
Benefits
 

Components of net periodic (credit) expense:

           

Interest cost

   $ 4,411       $ 479       $ 4,547       $ 525   

Service cost

     —           3         —           3   

Expected return on plan assets

     (11,720      —           (13,169      —     

Amortization of prior-service costs

     —           (187      —           (187

Amortization of net actuarial loss

     6,786         245         6,156         287   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic (credit) expense

   $ (523    $ 540       $ (2,466    $ 628