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Pension Plans
6 Months Ended
Jun. 30, 2015
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 June 30      Six Months Ended June 30  
     2015      2014      2015      2014  

Service cost

   $ 27       $ 36       $ 54       $ 59   

Interest cost

     358         341         716         681   

Expected return on plan assets

     (465      (447      (930      (896

Recognized net actuarial loss

     139         5         278         8   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic benefit cost (income)

   $ 59       $ (65    $ 118       $ (148
  

 

 

    

 

 

    

 

 

    

 

 

 

No contributions were made to the Plan during the six months ended June 30, 2015. The Company does not anticipate contributing to the Plan in 2015.