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Pensions and Other Employee Benefit Plans
9 Months Ended
Sep. 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 nine months ended September 30, 2019 and 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Benefits

 

Other  Benefits

 

Three Months Ended

 

Three Months Ended

 

September 30,

 

September 30,

 

2019

 

2018

 

2019

 

2018

Service cost (1)

$

180

 

$

179

 

$

 1

 

$

 1

Interest cost (2)

 

504

 

 

464

 

 

 4

 

 

 4

Expected return on plan assets (2)

 

(608)

 

 

(657)

 

 

         —

 

 

         —

Amortization of net actuarial loss (2)

 

252

 

 

260

 

 

(1)

 

 

         —

Amortization of prior service credits (2)

 

         —

 

 

         —

 

 

         —

 

 

 5

Net periodic cost

$

328

 

$

246

 

$

 4

 

$

10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Benefits

 

Other Benefits

 

Nine Months Ended

 

Nine Months Ended

 

September 30,

 

September 30,

 

2019

 

2018

 

2019

 

2018

Service cost (1)

$

541

 

$

536

 

$

 1

 

$

 1

Interest cost (2)

 

1,513

 

 

1,391

 

 

14

 

 

12

Expected return on plan assets (2)

 

(1,824)

 

 

(1,971)

 

 

         —

 

 

         —

Amortization of net actuarial loss (2)

 

755

 

 

780

 

 

(3)

 

 

         —

Amortization of prior service credits (2)

 

         —

 

 

         —

 

 

         —

 

 

17

Net periodic cost

$

985

 

$

736

 

$

12

 

$

30

 

(1)Included in general and administrative expenses.

(2)Included in other expense.