Employee Benefit Plans

9 Months Ended

Sep. 30, 2015

Employee Benefit Plans [Abstract]

Employee Benefit Plans

NOTE 11 – 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 September 30, 2015 and 2014:

(All Amounts in Thousands)		Pension Plan				Postretirement Benefits
		Three Months Ended September 30,				Three Months Ended September 30,
Components of net periodic benefit cost:		2015		2014		2015		2014
Service cost	$	171	$	155	$	8	$	4
Interest cost		359		381		118		144
Expected return on plan assets		(638)		(571)		-		-
Amortization of prior service cost		(1)		(1)		26		25
Amortization of net loss		111		32		37		44
Net periodic benefit cost (benefit)	$	2	$	(4)	$	189	$	217

The following table provides the components of net periodic benefit cost for our pension plan and postretirement benefits plan for the nine months ended September 30, 2015 and 2014:

(All Amounts in Thousands)		Pension Plan				Postretirement Benefits
		Nine Months Ended September 30,				Nine Months Ended September 30,
Components of net periodic benefit cost:		2015		2014		2015		2014
Service cost	$	513	$	464	$	24	$	11
Interest cost		1,077		1,143		354		433
Expected return on plan assets		(1,914)		(1,797)		-		-
Amortization of prior service cost		(3)		(2)		78		75
Amortization of net loss		333		96		111		131
Net periodic benefit cost (benefit)	$	6	$	(96)	$	567	$	650

We contributed $480,000 to our pension plan for the nine months ended September 30, 2015.  We expect to contribute an additional $170,000 before December 31, 2015.