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Pensions and Other Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2015
Pensions and Other Employee Benefit Plans [Abstract]  
Components of Net Periodic Cost

The following tables provide the components of net periodic cost included in general and administrative expenses for our qualified retirement plan (the “Pension Benefits”) and health care and life insurance benefits for retired employees and dependents (the “Other Benefits”) for the three and six months ended June 30, 2015 and 2014 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Benefits
Three Months
Ended June 30,

 

Other Benefits
Three Months
Ended June 30,

 

2015

 

2014

 

2015

 

2014

Service cost

$

197 

 

$

41 

 

$

 

$

         —

Interest cost

 

475 

 

 

468 

 

 

15 

 

 

18 

Expected return on plan assets

 

(516)

 

 

(473)

 

 

         —

 

 

         —

Recognition due to settlement

 

         —

 

 

         —

 

 

272 

 

 

         —

Amortization of net actuarial loss

 

193 

 

 

93 

 

 

14 

 

 

Amortization of prior service credits

 

         —

 

 

         —

 

 

 

 

Net periodic cost

$

349 

 

$

129 

 

$

304 

 

$

28 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Benefits
Six Months
Ended June 30,

 

Other Benefits
Six Months
Ended June 30,

 

2015

 

2014

 

2015

 

2014

Service cost

$

256 

 

$

82 

 

$

 

$

Interest cost

 

948 

 

 

937 

 

 

27 

 

 

35 

Expected return on plan assets

 

(1,054)

 

 

(947)

 

 

         —

 

 

         —

Recognition due to settlement

 

         —

 

 

         —

 

 

428 

 

 

         —

Amortization of net actuarial loss

 

398 

 

 

186 

 

 

22 

 

 

15 

Amortization of prior service credits

 

         —

 

 

         —

 

 

 

 

Net periodic cost

$

548 

 

$

258 

 

$

483 

 

$

56