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Pension Plans
 9 Months Ended
Sep. 30, 2014
Compensation and Retirement Disclosure [Abstract]  
Pension Plans

NOTE C – PENSION PLANS

The Company uses a December 31 measurement date for the Preformed Line Products Company Employees’ Retirement Plan (the “Plan”). Net periodic benefit cost for this plan included the following components:

 

     Three Months Ended
September 30		     Nine Months Ended
September 30		  
     2014     2013     2014     2013  

Service cost

    $ 29      $ 56      $ 88      $ 167   

Interest cost

      340        313        1,021        938   

Expected return on plan assets

      (448 )      (359 )      (1,344 )      (1,077 ) 

Recognized net actuarial loss

      4        123        12        370   
  

 

 

    

 

 

    

 

 

    

 

 

  

Net periodic benefit cost (income)

    $ (75 )    $ 133      $ (223 )    $ 398   
  

 

 

    

 

 

    

 

 

    

 

 

  

During the nine months ended September 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.