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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Net Periodic Pension Cost
Net periodic pension cost for the three and six months ended June 30, 2022 and 2021 included the following
components:
 
 
  
Three Months Ended

June 30
 
 
Six Months Ended

June 30
 
 
  
2022
 
 
2021
 
 
2022
 
 
2021
 
Service cost
   $ 710     $ 758     $ 1,413     $ 1,508  
Interest cost
     1,222       1,031       2,430       2,051  
Expected return on plan assets
     (3,229     (2,957     (6,422     (5,881
Recognized net actuarial loss
     832       1,589       1,656       3,161  
    
 
 
   
 
 
   
 
 
   
 
 
 
Net periodic pension cost
   $ (465   $ 421     $ (923   $ 839  
    
 
 
   
 
 
   
 
 
   
 
 
 
Weighted-average assumptions:
                                
Discount rate
     3.08     2.81     3.08     2.81
Expected return on assets
     6.25     6.25     6.25     6.25
Rate of compensation increase (prior to age 40)
     5.00     5.00     5.00     5.00
Rate of compensation increase (ages
40-54)
     4.00     4.00     4.00     4.00
Rate of compensation increase (otherwise)
     3.50     3.50     3.50     3.50