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Postretirement Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2024
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost

Components of Net Periodic Benefit Cost

 

 

UNITED STATES

 

(In thousands)

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Interest cost

 

$

1,651

 

 

$

1,731

 

 

$

4,954

 

 

$

5,193

 

Expected return on plan assets

 

 

(2,120

)

 

 

(2,133

)

 

 

(6,360

)

 

 

(6,399

)

Amortization of net actuarial (gain)

 

 

(3

)

 

 

(6

)

 

 

(9

)

 

 

(18

)

Net periodic benefit cost

 

$

(472

)

 

$

(408

)

 

$

(1,415

)

 

$

(1,224

)

 

 

 

UNITED KINGDOM

 

(In thousands)

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Interest cost

 

$

165

 

 

$

171

 

 

$

486

 

 

$

504

 

Expected return on plan assets

 

 

(187

)

 

 

(177

)

 

 

(552

)

 

 

(522

)

Amortization of net actuarial loss

 

 

82

 

 

 

85

 

 

 

242

 

 

 

250

 

Net periodic benefit cost

 

$

60

 

 

$

79

 

 

$

176

 

 

$

232

 

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
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Retirement savings contributions

 

$

2,106

 

 

$

2,101

 

 

$

6,526

 

 

$

6,319

 

Profit sharing contributions

 

 

691

 

 

 

673

 

 

 

2,223

 

 

 

1,543

 

Total defined contribution plan expenses

 

$

2,797

 

 

$

2,774

 

 

$

8,749

 

 

$

7,862