XML 30 R18.htm IDEA: XBRL DOCUMENT v3.21.2
Pensions
6 Months Ended
Jun. 30, 2021
Pensions [Abstract]  
Pensions

10.  Pensions
 
Components of Net Periodic Pension Cost

 
 
Three Months
Ended June 30
   
Six Months
Ended June 30
 
 
 
2021
   
2020
   
2021
   
2020
 
                         
Service cost
 
$
272
   
$
235
   
$
543
   
$
469
 
Interest cost
   
302
     
364
     
604
     
728
 
Expected return on plan assets
   
(913
)
   
(800
)
   
(1,826
)
   
(1,599
)
Amortization of actuarial loss
   
121
     
93
     
242
     
185
 
Amortization of prior service cost
   
(3
)
   
(3
)
   
(6
)
   
(6
)
Rate-regulated adjustment
   
796
     
686
     
1,593
     
1,373
 
Net periodic pension expense
 
$
575
   
$
575
   
$
1,150
   
$
1,150
 

Pension service cost is recorded in operating expenses.  All other components of net periodic pension cost are recorded as other pension costs in other income (expenses).

Employer Contributions
 
The Company previously disclosed in its financial statements for the year ended December 31, 2020 that it expected to contribute $2,300 to its pension plans in 2021.  For the six months ended June 30, 2021, contributions of $1,150 have been made.  The Company expects to contribute the remaining $1,150 during the final two quarters of 2021.