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Pension Plans and Postretirement Benefit Plan (Tables)
9 Months Ended
Sep. 30, 2019
Retirement Benefits [Abstract]  
Schedule of components of net periodic benefit cost
Components of net periodic benefit cost for the Company’s pension plans and the postretirement benefit plan are presented in the following table for the three and nine months ended September 30, 2019 and 2018.
 
Pension Benefits
 
Postretirement Benefits
(dollars in thousands)
2019

 
2018

 
2019

 
2018

Three Months Ended September 30,
 

 
 

 
 

 
 

Service Cost
$

 
$

 
$
118

 
$
114

Interest Cost
1,094

 
1,041

 
258

 
235

Expected Return on Plan Assets
(1,249
)
 
(1,281
)
 

 

Amortization of:
 

 
 

 
 

 
 

Prior Service Credit

 

 
(72
)
 
(142
)
Net Actuarial Losses (Gains)
483

 
498

 
(77
)
 
(61
)
Net Periodic Benefit Cost
$
328

 
$
258

 
$
227

 
$
146

 
 
 
 
 
 
 
 
Nine Months Ended September 30,
 

 
 

 
 

 
 

Service Cost
$

 
$

 
$
353

 
$
344

Interest Cost
3,281

 
3,123

 
773

 
706

Expected Return on Plan Assets
(3,747
)
 
(3,845
)
 

 

Amortization of:
 

 
 

 
 

 
 

Prior Service Credit

 

 
(216
)
 
(426
)
Net Actuarial Losses (Gains)
1,451

 
1,494

 
(233
)
 
(185
)
Net Periodic Benefit Cost
$
985

 
$
772

 
$
677

 
$
439