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Pension Plans
6 Months Ended
Jun. 30, 2023
Pension Plans  
Pension Plans

13. PENSION PLANS:

Net periodic pension expense reflected in other gains and (losses), net 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, 

    

2023

    

2022

    

2023

    

2022

    

Interest cost

$

825

$

540

$

1,650

$

1,066

Expected return on plan assets

 

(729)

 

(1,031)

 

(1,459)

 

(2,062)

Amortization of net actuarial loss

 

228

 

223

 

456

 

423

Net settlement loss

853

853

Total net periodic pension expense

$

324

$

585

$

647

$

280