RETIREMENT PLANS

6 Months Ended

Mar. 31, 2020

RETIREMENT PLANS

RETIREMENT PLANS

12.  RETIREMENT PLANS

A summary of net periodic benefit expense for the Company’s defined benefit plans for the three and six-month periods ended March 31, 2020 and 2019 is shown in the following table. Net periodic benefit cost for each period presented is comprised of the following:

	Three Months				Six Months
	Ended March 31,				Ended March 31,
(In thousands)	2020		2019		2020	2019
Defined benefit plans
Interest cost	$	824		875	1,648	1,750
Expected return on assets		(1,041)		(1,086)	(2,082)	(2,172)
Amortization of:
Prior service cost		—		—	—	—
Actuarial loss		543		487	1,087	974
Net periodic benefit cost	$	326		276	653	552