Employee Retirement Plans

9 Months Ended

Sep. 30, 2019

Employee Retirement Plans

Employee Retirement Plans

8.Employee Retirement Plans

The components of the Company’s net periodic pension cost were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
	(Dollars in thousands)
Service cost	$	116	$	126	$	347	$	427
Interest cost		615		554		1,845		1,652
Expected return on plan assets		(625)		(741)		(1,876)		(2,033)
Net amortization and deferral		156		157		469		476
Net periodic pension cost	$	262	$	96	$	785	$	522

The components of net periodic pension cost other than the service cost component are included in "other income (expense), net" in the Consolidated Condensed Statements of Earnings and Comprehensive Income (Unaudited).