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Employee Benefit Plans
3 Months Ended
Dec. 31, 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
December 31,

(Dollars in Thousands)

2016

 

2015

Interest cost

$

352 

 

$

392 

Expected return on plan assets

 

(388)

 

 

(373)

Amortization of net loss

 

190 

 

 

141 

Net periodic benefit cost

$

154 

 

$

160 



 

 

 

 

 

Other Benefits

Three Months Ended
December 31,

(Dollars in Thousands)

2016

 

2015

Service cost

$

16 

 

$

15 

Interest cost

 

 

 

10 

Amortization of net gain

 

 -

 

 

(4)

Net periodic benefit cost

$

25 

 

$

21 



The Company, under the IRS minimum funding standards, has no required contributions to make to its defined benefit pension plan during fiscal 2017.



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 segment, and prior to its divestiture, the Medical Products segment.  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 December 31, 2016 and 2015 were $543 and $419, respectively.