10-Q Employee benefit plans (Tables)

6 Months Ended

Jun. 30, 2023

These components related to the Company’s pension and other postretirement benefit plans for the years ended December 31, were as follows:


	Pension Benefits						Other Postretirement Benefits
	2022		2021		2020		2022		2021		2020
	(In thousands)
Components of net periodic benefit cost (credit):
Service cost	$	—	$	—	$	—	$	522	$	567	$	554
Interest cost	1,127		1,053		1,291		514		492		650
Expected return on assets	(1,973)		(2,028)		(2,065)		(12)		(19)		(17)
Amortization of prior service credit	—		—		—		(79)		(79)		(79)
Recognized net actuarial loss	856		971		862		351		135		306
Net periodic benefit cost (credit)	10		(4)		88		1,296		1,096		1,414
Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive loss:
Net (gain) loss	1,155		(162)		794		(4,833)		(2,763)		(181)
Amortization of actuarial loss	(856)		(1,108)		(985)		(351)		(135)		(306)
Amortization of prior service credit	—		—		—		79		90		90
Total recognized in accumulated other comprehensive loss	299		(1,270)		(191)		(5,105)		(2,808)		(397)
Total recognized in net periodic benefit cost (credit) and accumulated other comprehensive loss	$	309	$	(1,274)	$	(103)	$	(3,809)	$	(1,712)	$	1,017

The components of net periodic benefit cost are included in other income on the Consolidated Statements of Operations. These components related to the Company’s participation in the nonqualified defined benefit plans for the years ended December 31, were as follows:


	2022		2021		2020
	(In thousands)
Components of net periodic benefit cost:
Interest cost	$	460	$	407	$	556
Recognized net actuarial loss	39		223		160
Net periodic benefit cost	$	499	$	630	$	716

Components of net periodic benefit cost for the Company's pension benefit plans were as follows:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2022		2021
	(In thousands)
Components of net periodic benefit cost:

Interest cost	$	408	$	282	$	816	$	564
Expected return on assets	(450)		(493)		(900)		(986)

Amortization of net actuarial loss	128		214		256		428
Net periodic benefit cost	$	86	$	3	$	172	$	6

Components of net periodic benefit cost for the Company's other postretirement benefit plans were as follows:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
	(In thousands)
Components of net periodic benefit cost:
Service cost	$	90	$	131	$	179	$	262
Interest cost	180		128		361		256
Expected return on assets	5		(3)		12		(6)
Amortization of prior service credit	(20)		(20)		(40)		(40)
Amortization of net actuarial (gain) loss	(44)		88		(89)		176
Net periodic benefit cost	$	211	$	324	$	423	$	648