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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2023
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Benefit Cost

The components of net periodic expense were as follows (in thousands):

 

 

Defined Benefit Pension Plan

 

Supplemental Non-qualified Defined Benefit Plans

 

Non-pension Defined Benefit Postretirement Healthcare Plan

 

Three Months Ended June 30,

2023

 

2022

 

2023

 

2022

 

2023

 

2022

 

Service cost

$

614

 

$

982

 

$

770

 

$

(1,355

)

$

381

 

$

492

 

Interest cost

 

4,381

 

 

2,704

 

 

369

 

 

209

 

 

594

 

 

321

 

Expected return on plan assets

 

(4,672

)

 

(4,630

)

 

-

 

 

-

 

 

(55

)

 

(31

)

Net amortization of prior service costs

 

(17

)

 

(17

)

 

-

 

 

-

 

 

10

 

 

(73

)

Recognized net actuarial loss

 

498

 

 

1,523

 

 

8

 

 

69

 

 

(3

)

 

16

 

Net periodic expense (benefit)

$

804

 

$

562

 

$

1,147

 

$

(1,077

)

$

927

 

$

725

 

 

 

Defined Benefit Pension Plan

 

Supplemental Non-qualified Defined Benefit Plans

 

Non-pension Defined Benefit Postretirement Healthcare Plan

 

Six Months Ended June 30,

2023

 

2022

 

2023

 

2022

 

2023

 

2022

 

Service cost

$

1,228

 

$

1,964

 

$

1,684

 

$

(1,747

)

$

762

 

$

984

 

Interest cost

 

8,761

 

 

5,409

 

 

738

 

 

417

 

 

1,188

 

 

642

 

Expected return on plan assets

 

(9,344

)

 

(9,261

)

 

-

 

 

-

 

 

(111

)

 

(62

)

Net amortization of prior service costs

 

(34

)

 

(34

)

 

-

 

 

-

 

 

20

 

 

(145

)

Recognized net actuarial loss (gain)

 

996

 

 

3,046

 

 

16

 

 

138

 

 

(6

)

 

32

 

Net periodic expense (benefit)

$

1,607

 

$

1,124

 

$

2,438

 

$

(1,192

)

$

1,853

 

$

1,451

 

 

Schedule of Employer Contribution to Employee Benefit Plans Contributions made in the first six months of 2023 and anticipated contributions for 2023 and 2024 are as follows (in thousands):

 

 

Contributions Made

 

Additional Contributions

 

Contributions

 

 

Six Months Ended June 30, 2023

 

Anticipated for
2023

 

Anticipated for
2024

 

Defined Benefit Pension Plan

$

-

 

$

-

 

$

-

 

Non-pension Defined Benefit Postretirement Healthcare Plan

$

2,460

 

$

2,460

 

$

4,808

 

Supplemental Non-qualified Defined Benefit and Defined Contribution Plans

$

1,116

 

$

1,116

 

$

2,417