Employee Retirement Plans

6 Months Ended

Jun. 30, 2024

Employee Retirement Plans

Employee Retirement Plans

7.    Employee Retirement Plans

The components of our pension expense were as follows:

		Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(Dollars in thousands)
Service cost	$	97	$	116	$	193	$	234
Interest cost		637		644		1,274		1,316
Expected return on plan assets		(612)		(574)		(1,224)		(1,151)
Net amortization and deferral		99		114		198		248
Pension expense	$	221	$	300	$	441	$	647

The components of pension expense other than the service cost component were included in “other expense, net” in the Consolidated Condensed Statements of Earnings and Comprehensive Income (Unaudited).