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Employee Benefit Plans
3 Months Ended
Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans

Note F – Employee Benefit Plans

Net periodic benefit income for the pension plans included the following components for the three months ended March 31:

 

     Pension Benefits  
     2016      2015  
     (in thousands)  

Service cost

   $ 2,027       $ 2,387   

Interest cost

     26,091         24,612   

Expected return on plan assets

     (39,138      (37,647

Amortization of prior service credit

     (108      (141

Amortization of actuarial loss

     7,795         9,613   
  

 

 

    

 

 

 

Net periodic benefit income

   $ (3,333    $ (1,176
  

 

 

    

 

 

 

Pension benefits also include amounts related to a supplemental retirement plan. During the three months ended March 31, 2016, the Company made a $38.7 million contribution to the pension plan.