Defined Pension Plans (Tables)

9 Months Ended

Sep. 30, 2021

Retirement Benefits [Abstract]

Schedule of Expected Benefit Payments

Disclosure information is based on a measurement date of December 31 of the corresponding year. The following table represents the components of the net periodic pension costs:

(In thousands)	Estimated 2021		Actual 2020
Service cost – benefits earned during the year	$	963	$	4,329
Interest cost on projected benefit obligations	3,069		3,908
Expected return on plan assets	(6,299)		(6,049)
Net amortization	360		1,946
Net periodic pension (benefit) cost	$	(1,907)	$	4,134

Schedule of Net Benefit Costs

The following table represents the components of the net periodic pension costs for 2020 and an estimate for 2021:

(In thousands)	Estimated 2021		Actual 2020
Service cost – benefits earned during the year	$	147	$	121
Interest cost on projected benefit obligation	291		347
Net amortization	203		112
Net periodic pension cost	$	641	$	580