RETIREMENT PLANS

9 Months Ended

Jun. 30, 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 nine-month periods ended June 30, 2020 and 2019 is shown in the following table. Net periodic benefit cost for each period presented is comprised of the following:

	Three Months Ended			Nine Months Ended
	June 30,			June 30,
(In thousands)	2020		2019	2020		2019
Defined benefit plans
Interest cost	$	616	875		2,264	2,626
Expected return on assets		(1,067)	(1,086)		(3,149)	(3,259)
Amortization of:
Prior service cost		—	—		—	—
Actuarial loss		715	487		1,801	1,461
Net periodic benefit cost	$	264	276		916	828