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Pensions and Other Employee Benefit Plans
6 Months Ended
Jun. 30, 2019
Pensions and Other Employee Benefit Plans [Abstract]  
Pensions and Other Employee Benefit Plans

11. Pensions and Other Employee Benefit Plans

The following tables provide the components of net periodic cost 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, 2019 and 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Benefits

 

Other  Benefits

 

Three Months Ended

 

Three Months Ended

 

June 30,

 

June 30,

 

2019

 

2018

 

2019

 

2018

Service cost (1)

$

183

 

$

170

 

$

         —

 

$

         —

Interest cost (2)

 

499

 

 

463

 

 

 5

 

 

 4

Expected return on plan assets (2)

 

(609)

 

 

(657)

 

 

         —

 

 

         —

Amortization of net actuarial loss (2)

 

272

 

 

257

 

 

(1)

 

 

         —

Amortization of prior service credits (2)

 

         —

 

 

         —

 

 

         —

 

 

 6

Net periodic cost

$

345

 

$

233

 

$

 4

 

$

10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Benefits

 

Other Benefits

 

Six Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

 

2019

 

2018

 

2019

 

2018

Service cost (1)

$

361

 

$

357

 

$

         —

 

$

         —

Interest cost (2)

 

1,009

 

 

927

 

 

10

 

 

 8

Expected return on plan assets (2)

 

(1,216)

 

 

(1,314)

 

 

         —

 

 

         —

Amortization of net actuarial loss (2)

 

503

 

 

520

 

 

(2)

 

 

         —

Amortization of prior service credits (2)

 

         —

 

 

         —

 

 

         —

 

 

12

Net periodic cost

$

657

 

$

490

 

$

 8

 

$

20

 

(1)Included in general and administrative expenses.

(2)Included in other expense.