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

Components of Net Periodic Benefit Cost

 

 

UNITED STATES

 

(In thousands)

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Interest cost

 

$

1,731

 

 

$

1,235

 

 

$

3,462

 

 

$

2,469

 

Expected return on plan assets

 

 

(2,133

)

 

 

(2,201

)

 

 

(4,266

)

 

 

(4,401

)

Amortization of net actuarial loss

 

 

(6

)

 

 

577

 

 

 

(12

)

 

 

1,154

 

Net periodic benefit cost

 

$

(408

)

 

$

(389

)

 

$

(816

)

 

$

(778

)

 

 

 

UNITED KINGDOM

 

(In thousands)

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Interest cost

 

$

169

 

 

$

95

 

 

$

333

 

 

$

196

 

Expected return on plan assets

 

 

(175

)

 

 

(100

)

 

 

(345

)

 

 

(207

)

Amortization of net actuarial loss

 

 

84

 

 

 

2

 

 

 

165

 

 

 

5

 

Net periodic benefit cost

 

$

78

 

 

$

(3

)

 

$

153

 

 

$

(6

)

Defined Contribution Plan Expenses for Company's Qualified Contribution Plans

Defined contribution plan expenses for the Company’s qualified contribution plans were as follows:

(In thousands)

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Retirement savings contributions

 

$

2,170

 

 

$

1,947

 

 

$

4,218

 

 

$

4,145

 

Profit sharing contributions

 

 

163

 

 

 

1,959

 

 

 

870

 

 

 

3,425

 

Total defined contribution plan expenses

 

$

2,333

 

 

$

3,906

 

 

$

5,088

 

 

$

7,570