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Retirement Plans
9 Months Ended
Sep. 30, 2024
Retirement Plans [Abstract]  
Retirement Plans
8.
Retirement Plans
 
The Company’s components of annual benefit cost for the defined benefit plans for the periods presented are as follows:
 

 
Three Months Ended
September 30,
   
Nine Months Ended
September 30,
 
(In thousands)
 
2024
   
2023
   
2024
   
2023
 
Service cost
 
$
430
   
$
372
   
$
1,311
   
$
1,111
 
Interest cost
   
459
     
415
     
1,389
     
1,237
 
Expected return on plan assets
   
(252
)
   
(248
)
   
(754
)
   
(732
)
Recognized actuarial loss
   
(91
)
   
(138
)
   
(273
)
   
(415
)
Total defined benefit expense
 
$
546
   
$
401
   
$
1,673
   
$
1,201
 
 
The Company’s non-service cost portion of defined benefit expense is recorded in Interest Expense on the Company’s Consolidated Statements of Earnings. The Company’s service cost portion of defined benefit expense is recorded in Selling and Administrative Expenses on the Company’s Consolidated Statements of Earnings.