XML 68 R10.htm IDEA: XBRL DOCUMENT v3.3.0.814
Pension Plans
9 Months Ended
Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Pension Plans

NOTE C – PENSION PLANS

The Company uses a December 31 measurement date for the Preformed Line Products Company Employees’ Retirement Plan (the “Plan”). Net periodic benefit cost for this plan included the following components:

 

     Three Months Ended September 30      Nine Months Ended September 30  
     2015      2014      2015      2014  

Service cost

   $ 88       $ 29       $ 142       $ 88   

Interest cost

     361         340         1,077         1,021   

Expected return on plan assets

     (456      (448      (1,386      (1,344

Recognized net actuarial loss

     158         4         436         12   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic benefit cost (income)

   $ 151       $ (75    $ 269       $ (223
  

 

 

    

 

 

    

 

 

    

 

 

 

No contributions were made to the Plan during the nine months ended September 30, 2015. The Company does not anticipate contributing to the Plan in 2015.