RETIREMENT PLANS

6 Months Ended

Mar. 31, 2019

Retirement Benefits [Abstract]

RETIREMENT PLANS

11. 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, 2019 and 2018 is shown in the following table. Net periodic benefit cost for each period presented is comprised of the following:

	Three Months Ended March 31,						Six Months  Ended March 31,
(In thousands)	2019			2018			2019			2018
Defined benefit plans
Interest cost	$	875			821			1,750			1,641
Expected return on assets		(1,086	)		(975	)		(2,172	)		(1,950	)
Amortization of:
Prior service cost		-			-			-			-
Actuarial loss		487			548			974			1,097
Net periodic benefit cost	$	276			394			552			788