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Employee Benefit Plans
9 Months Ended
Jun. 30, 2016
Employee Benefit Plans [Abstract]  
Employee Benefit Plans

(5)Employee Benefit Plans



The components of net periodic benefit cost for pension and other benefits were as follows:





 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

Pension Benefits

Three Months Ended

June 30,

 

Nine Months Ended

June 30,

(Dollars in Thousands)

2016

 

2015

 

2016

 

2015

Interest cost

$

392 

 

$

364 

 

$

1,177 

 

$

1,092 

Expected return on plan assets

 

(373)

 

 

(396)

 

 

(1,120)

 

 

(1,188)

Amortization of net loss

 

141 

 

 

85 

 

 

422 

 

 

253 

Net periodic benefit cost

$

160 

 

$

53 

 

$

479 

 

$

157 



 

 

 

 

 

 

 

 

 

 

 

Other Benefits

Three Months Ended

June 30,

 

Nine Months Ended

June 30,

(Dollars in Thousands)

2016

 

2015

 

2016

 

2015

Service cost

$

15 

 

$

13 

 

$

45 

 

$

38 

Interest cost

 

10 

 

 

 

 

29 

 

 

24 

Amortization of net gain

 

(3)

 

 

(12)

 

 

(11)

 

 

(36)

Net periodic benefit cost

$

22 

 

$

 

$

63 

 

$

26 



The Company, under the IRS minimum funding standards, has no required contributions to make to its defined benefit pension plan during fiscal 2016.



The Company sponsors a 401(k) retirement savings plan covering substantially all of the U.S. full-time employees in the Company’s Radiation Measurement segment as well as substantially all of the employees in the Company’s Medical Physics and Medical Products segments, which provides for certain employer matching contributions.  The Company also maintains a supplemental defined contribution plan for certain executives, which allows participating executives to make voluntary deferrals and provides for employer contributions at the discretion of the Company.  Amounts expensed for Company contributions under these plans during the three months ended June 30, 2016 and 2015 were $494 and $500, respectively.  Amounts expensed for Company contributions under these plans during the nine months ended June 30, 2016 and 2015 were $1,412 and $1,349, respectively.