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PENSION PLANS
 6 Months Ended
Jun. 30, 2014
Compensation And Retirement Disclosure [Abstract]  
PENSION PLANS

NOTE C – PENSION PLANS

The Company uses a December 31 measurement date for the Plan. Net periodic benefit cost for this plan included the following components:

 

     Three month period ended June 30     Six month period ended June 30  
     2014     2013     2014     2013  

Service cost

    $ 36      $ 74      $ 59      $ 111   

Interest cost

      341        314        681        626   

Expected return on plan assets

      (447 )      (351 )      (896 )      (718 ) 

Recognized net actuarial loss

      5        123        8        247   
  

 

 

    

 

 

    

 

 

    

 

 

  

Net periodic benefit cost

    $ (65 )    $ 160      $ (148 )    $ 266   
  

 

 

    

 

 

    

 

 

    

 

 

  

During the six month period ended June 30, 2014, $.4 million of contributions were made to the Plan. The Company presently anticipates contributing an additional $.2 million to fund the Plan in 2014.