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Pension and Postretirement Benefits Other Than Pension Plans
6 Months Ended
Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Pension and Postretirement Benefits Other Than Pension Plans

9. PENSION AND POSTRETIREMENT BENEFITS OTHER THAN PENSION PLANS:

Net periodic pension expense reflected in the accompanying condensed consolidated statements of operations included the following components for the respective periods (in thousands):

 

     Three Months Ended      Six Months Ended  
     June 30,      June 30,  
     2016      2015      2016      2015  

Interest cost

   $ 953       $ 986       $ 1,930       $ 1,972   

Expected return on plan assets

     (1,006      (1,188      (2,040      (2,376

Amortization of net actuarial loss

     322         309         614         617   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total net periodic pension expense

   $ 269       $ 107       $ 504       $ 213   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net postretirement benefit income reflected in the accompanying condensed consolidated statements of operations included the following components for the respective periods (in thousands):

 

       Three Months Ended          Six Months Ended    
     June 30,      June 30,  
     2016      2015      2016      2015  

Interest cost

   $ 30       $ 53       $ 60       $ 106   

Amortization of net actuarial loss

     62         118         121         236   

Amortization of prior service credit

       (329        (329        (657        (657
  

 

 

    

 

 

    

 

 

    

 

 

 

Total net postretirement benefit income

   $ (237    $ (158    $ (476    $ (315