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Employee Benefit Plans
3 Months Ended
Mar. 31, 2014
Employee Benefit Plans [Abstract]  
Employee Benefit Plans

 

 

Note 8.  Employee Benefit Plans

The following table provides the components of net periodic benefit cost for our pension plan and postretirement benefits plan for the three months ended March 31, 2014 and 2013:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Plan

 

 

Postretirement Benefits

(Amounts in Thousands)

 

 

Three Months Ended March 31,

 

 

Three Months Ended March 31,

Components of net periodic benefit cost:

 

 

2014

 

 

2013

 

 

2014

 

 

2013

Service cost

 

$

154 

 

$

190 

 

$

 

$

Interest cost

 

 

381 

 

 

336 

 

 

145 

 

 

119 

Expected return on plan assets

 

 

(655)

 

 

(557)

 

 

 -

 

 

 -

Amortization of prior service cost

 

 

(1)

 

 

(1)

 

 

25 

 

 

25 

Amortization of Net Loss

 

 

63 

 

 

223 

 

 

88 

 

 

63 

Net periodic benefit cost

 

$

(58)

 

$

191 

 

$

261 

 

$

213 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

We contributed $150,000 to our pension plan for the three months ended March 31, 2014. We expect to contribute an additional $450,000 before December 31, 2014.