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Employee Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Cost
The following table sets forth the components of net periodic benefit cost for the three months ended September 30, 2016 and 2015 based on December 31, 2015 and 2014 actuarial measurement dates, respectively:
 
 
Defined
pension plan
benefits
 
Other
postretirement
benefits
(In thousands)
2016
 
2015
 
2016
 
2015
Service cost – benefits earned during the year
$
27

 
$
8

 
$
34

 
$
36

Interest cost on projected benefit obligations
453

 
450

 
64

 
62

Expected return on plan assets
(544
)
 
(538
)
 

 

Amortization of prior service cost

 

 
(6
)
 
14

Amortization of net loss
156

 
177

 

 

Settlement expense
740

 

 

 

Net periodic benefit cost
$
832

 
$
97

 
$
92

 
$
112



The following table sets forth the components of net periodic benefit cost for the nine months ended September 30, 2016 and 2015 based on December 31, 2015 and 2014 actuarial measurement dates, respectively:

 
Defined
pension plan
benefits
 
Other
postretirement
benefits
(In thousands)
2016
 
2015
 
2016
 
2015
Service cost – benefits earned during the year
$
82

 
$
22

 
$
103

 
$
110

Interest cost on projected benefit obligations
1,358

 
1,350

 
193

 
188

Expected return on plan assets
(1,630
)
 
(1,614
)
 

 

Amortization of prior service cost

 

 
(19
)
 
40

Amortization of net loss
466

 
532

 

 

Settlement expense
740

 



 

Net periodic benefit cost
$
1,016

 
$
290

 
$
277

 
$
338