Employee Retirement Plans

9 Months Ended

Sep. 30, 2020

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,
	2020		2019		2020		2019
	(Dollars in thousands)
Service cost	$	115	$	116	$	345	$	347
Interest cost		502		615		1,508		1,845
Expected return on plan assets		(693)		(625)		(2,081)		(1,876)
Net amortization and deferral		191		156		573		469
Net periodic pension cost	$	115	$	262	$	345	$	785

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).