XML 30 R19.htm IDEA: XBRL DOCUMENT v3.22.2.2
Pensions
 9 Months Ended
Sep. 30, 2022
Pensions [Abstract]  
Pensions

11.  Pensions

Components of Net Periodic Pension Cost

 
Three Months
Ended September 30
    
Nine Months
Ended September 30
  
   
2022
    
2021
    
2022
    
2021
  
                         
Service cost
  
$
257
    
$
271
    
$
769
    
$
814
  
Interest cost
    
334
      
302
      
1,002
      
906
  
Expected return on plan assets
    
(1,054
)
    
(913
)
    
(3,163
)
    
(2,739
)
Amortization of actuarial loss
    
–
      
121
      
–
      
363
  
Amortization of prior service cost
    
(4
)
    
(3
)
    
(10
)
    
(9
)
Rate-regulated adjustment
    
1,042
      
797
      
3,127
      
2,390
  
Net periodic pension expense
  
$
575
    
$
575
    
$
1,725
    
$
1,725
  

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, 2021 that it expected to contribute $2,300 to its pension plans in 2022.  For the nine months ended September 30, 2022, contributions of $1,725 have been made.  The Company expects to contribute the remaining $575 during the final quarter of 2022.