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Pension and Postretirement Benefit Obligations (Tables)
6 Months Ended
Jun. 30, 2019
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Pension Cost

The components of net periodic pension cost were as follows:

 

 

 

Second Quarter

 

 

First Half

 

(in thousands)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Service cost

 

$

1,206

 

 

$

1,413

 

 

$

2,413

 

 

$

2,825

 

Interest cost

 

 

3,062

 

 

 

2,856

 

 

 

6,125

 

 

 

5,712

 

Expected return on plan assets

 

 

(2,574

)

 

 

(3,852

)

 

 

(5,148

)

 

 

(7,704

)

Recognized net actuarial loss

 

 

900

 

 

 

933

 

 

 

1,801

 

 

 

1,866

 

Amortization of prior service cost

 

 

7

 

 

 

6

 

 

 

12

 

 

 

12

 

Net periodic pension cost

 

$

2,601

 

 

$

1,356

 

 

$

5,203

 

 

$

2,711

 

 

Components of Net Periodic Postretirement Benefit Cost

The components of net periodic postretirement benefit cost were as follows:

 

 

 

Second Quarter

 

 

First Half

 

(in thousands)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Service cost

 

$

389

 

 

$

503

 

 

$

778

 

 

$

1,005

 

Interest cost

 

 

693

 

 

 

696

 

 

 

1,386

 

 

 

1,392

 

Recognized net actuarial loss

 

 

195

 

 

 

499

 

 

 

391

 

 

 

998

 

Amortization of prior service cost

 

 

(322

)

 

 

(462

)

 

 

(646

)

 

 

(924

)

Net periodic postretirement benefit cost

 

$

955

 

 

$

1,236

 

 

$

1,909

 

 

$

2,471