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Pension and Other Post-Retirement Benefits (Tables)
9 Months Ended
Sep. 30, 2014
Compensation And Retirement Disclosure [Abstract]  
Pension and Post-Retirement Plans

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

 

 

For the Three Months Ended September 30,

 

 

2014

 

 

2013

 

 

Pension

 

 

Post-Retirement

 

 

Pension

 

 

Post-Retirement

 

(in thousands)

Benefits

 

 

Benefits

 

 

Benefits

 

 

Benefits

 

Components of net periodic (credit) expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost

$

1,474

 

 

$

190

 

 

$

1,364

 

 

$

171

 

Service cost

 

--

 

 

 

1

 

 

 

--

 

 

 

1

 

Expected return on plan assets

 

(4,859

)

 

 

--

 

 

 

(4,147

)

 

 

--

 

Amortization of prior-service loss

 

--

 

 

 

(62

)

 

 

--

 

 

 

(62

)

Amortization of net actuarial loss

 

822

 

 

 

118

 

 

 

2,351

 

 

 

164

 

Net periodic (credit) expense

$

(2,563

)

 

$

247

 

 

$

(432

)

 

$

274

 

 

 

For the Nine Months Ended September 30,

 

 

2014

 

 

2013

 

 

Pension

 

 

Post-Retirement

 

 

Pension

 

 

Post-Retirement

 

(in thousands)

Benefits

 

 

Benefits

 

 

Benefits

 

 

Benefits

 

Components of net periodic (credit) expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost

$

4,422

 

 

$

569

 

 

 

4,092

 

 

 

512

 

Service cost

 

--

 

 

 

3

 

 

 

--

 

 

 

3

 

Expected return on plan assets

 

(14,577

)

 

 

--

 

 

 

(12,441

)

 

 

--

 

Amortization of prior-service loss

 

--

 

 

 

(186

)

 

 

--

 

 

 

(187

)

Amortization of net actuarial loss

 

2,466

 

 

 

354

 

 

 

7,054

 

 

 

493

 

Net periodic (credit) expense

$

(7,689

)

 

$

740

 

 

$

(1,295

)

 

$

821