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Pension Plans
 6 Months Ended
Jun. 30, 2019
Compensation And Retirement Disclosure [Abstract]  
Pension Plans

NOTE E – 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 June 30

 

 

Six Months Ended June 30

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Service cost

 

$

48

 

 

$

84

 

 

$

95

 

 

$

166

 

Interest cost

 

 

354

 

 

 

333

 

 

 

708

 

 

 

666

 

Expected return on plan assets

 

 

(488

)

 

 

(496

)

 

 

(976

)

 

 

(991

)

Recognized net actuarial loss

 

 

125

 

 

 

121

 

 

 

250

 

 

 

242

 

Net periodic pension cost

 

$

39

 

 

$

42

 

 

$

77

 

 

$

83

 

 

No contributions were made to the Plan during the three months ended June 30, 2019. The Company does not plan to contribute additional funds to the Plan during the remainder of 2019.