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Pension Information
 9 Months Ended
Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Pension Information

(12) Pension Information

The Company also sponsors a pension plan which is a noncontributory defined benefit retirement plan. Annual payments, subject to the maximum amount deductible for federal income tax purposes, are made to a pension trust fund. In 2006, the Company amended the pension plan to provide that no employee could be added as a participant to the pension plan after December 31, 2006. In 2014, the Company amended the pension plan again to provide that no additional benefits would accrue beyond April 30, 2014.

Net periodic pension expense was as follows:

 

     Three months ended
September 30,		      Nine months ended
September 30,		  
     2015      2014      2015      2014  

Service cost

    $ —         $ 94       $ —         $ 264   

Interest cost

      156         201         468         581   

Expected return on plan assets

      (283 )       (312 )       (848 )       (903 ) 

Other components

      70         89         210         222   
  

 

 

     

 

 

     

 

 

     

 

 

  

Net periodic pension cost (benefit)

    $ (57 )     $ 72       $ (170 )     $ 164   
  

 

 

     

 

 

     

 

 

     

 

 

  

The total amount of pension contributions expected to be paid by the Company in 2015 is $700, compared to $1,515 in 2014.