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Employee Benefit Plans
6 Months Ended
Jun. 30, 2014
Employee Benefit Plans [Abstract]  
Employee Benefit Plans

Note 9.  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 June 30, 2014 and 2013:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Plan

 

 

Postretirement Benefits

(All Amounts in Thousands)

 

 

Three Months Ended June 30,

 

 

Three Months Ended June 30,

Components of net periodic benefit cost:

 

 

2014

 

 

2013

 

 

2014

 

 

2013

Service cost

 

$

155 

 

$

190 

 

$

 

$

Interest cost

 

 

381 

 

 

336 

 

 

144 

 

 

119 

Expected return on plan assets

 

 

(571)

 

 

(557)

 

 

 -

 

 

 -

Amortization of prior service cost

 

 

(1)

 

 

(1)

 

 

25 

 

 

25 

Amortization of Net Loss

 

 

 

 

223 

 

 

(1)

 

 

63 

Net periodic benefit cost

 

$

(35)

 

$

191 

 

$

172 

 

$

213 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The following table provides the components of net periodic benefit cost for our pension plan and postretirement benefits plan for the six months ended June 30, 2014 and 2013:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Plan

 

 

Postretirement Benefits

(All Amounts in Thousands)

 

 

Six Months Ended June 30,

 

 

Six Months Ended June 30,

Components of net periodic benefit cost:

 

 

2014

 

 

2013

 

 

2014

 

 

2013

Service cost

 

$

309 

 

$

380 

 

$

 

$

12 

Interest cost

 

 

762 

 

 

672 

 

 

289 

 

 

238 

Expected return on plan assets

 

 

(1,226)

 

 

(1,114)

 

 

                -

 

 

                   -

Amortization of prior service cost

 

 

(1)

 

 

(2)

 

 

50 

 

 

50 

Amortization of Net Loss

 

 

64 

 

 

447 

 

 

87 

 

 

126 

Net periodic benefit cost

 

$

(92)

 

$

383 

 

$

433 

 

$

426 

 

 

 

 

 

 

 

 

 

 

 

 

 

We contributed $300,000 to our pension plan for the six months ended June 30, 2014. Based on current conditions, we expect to contribute an additional $300,000 before December 31, 2014.