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Pension Plans
3 Months Ended
Mar. 31, 2018
Compensation And Retirement Disclosure [Abstract]  
Pension Plans

NOTE D – PENSION PLANS

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

 

 

 

Three Months Ended March 31

 

 

 

2018

 

 

2017

 

Service cost

 

$

84

 

 

$

56

 

Interest cost

 

 

333

 

 

 

365

 

Expected return on plan assets

 

 

(496

)

 

 

(475

)

Recognized net actuarial loss

 

 

121

 

 

 

116

 

Net periodic pension cost

 

$

42

 

 

$

62

 

 

No contributions were made to the Plan during the three months ended March 31, 2018. The Company anticipates contributing $.5 million of additional funding to the Plan during the second quarter of 2018.