Employee Pension Plans

6 Months Ended

Jun. 30, 2019

Employee Pension Plans [Abstract]

Employee Pension Plans

(13)     Employee Pension Plans

The Company has a defined benefit pension plan and an unfunded supplemental retirement plan. Effective June 1, 2004, all benefit accruals under these plans were frozen; however, the current vested benefit was preserved. The pension disclosure presented below includes aggregated amounts for both of the Company’s plans.

The following table sets forth a summary of the net periodic benefit cost for the three and six months ended June 30, 2019 and 2018:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2019		2018		2019		2018
Interest cost	$	948	$	883	$	1,896	$	1,766
Expected return on plan assets		(1,043)		(1,077)		(2,086)		(2,154)
Amortization of net loss		463		513		926		1,026
Other		225		213		450		426
Net periodic benefit cost	$	593	$	532	$	1,186	$	1,064

The Company contributed $2.0 million and $1.4 million to its defined benefit pension plan during each of the six-month periods ended June 30, 2019 and 2018, respectively, and expects to contribute an additional $2.6 million by the end of 2019.