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Note 7 - Retirement Plans
 6 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Retirement Benefits [Text Block]

7.      Retirement Plans

 

The components of our net periodic pension benefit are included in miscellaneous income in our condensed consolidated statements of operations. During the six-months ended June 30, 2021, the amount recorded as a benefit was not material, and we did not make a contribution to our defined benefit pension plan. During the remainder of 2021, we expect to contribute $4 million to this plan.

 

During the six-month period ended June 30, 2021, we contributed $8 million in matching cash contributions, and shares of our common stock valued at approximately $7 million for our 2020 discretionary profit-sharing contributions, to the 401(k) plan. The discretionary profit-sharing contribution was recorded as an expense in 2020 and accrued as of December 31, 2020. Based upon our staffing and employee participation as of June 30, 2021, during the remainder of 2021, we expect to contribute approximately $5 million of matching cash contributions to this plan. This estimate will increase significantly upon the completion of our pending acquisitions.