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Pension Plans
3 Months Ended
Mar. 31, 2016
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 March 31  
     2016      2015  

Service cost

   $ 55       $ 27   

Interest cost

     365         358   

Expected return on plan assets

     (450      (465

Recognized net actuarial loss

     123         139   
  

 

 

    

 

 

 

Net periodic benefit cost

   $ 93       $ 59   
  

 

 

    

 

 

 

No contributions were made to the Plan during the three months ended March 31, 2016. The Company does not anticipate contributing to the Plan in 2016.