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Benefit Plans
6 Months Ended
Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Benefit Plans
Benefit Plans
The components of our consolidated net pension costs are set forth in the following table:
 
 
For the Three
Months Ended
 
For the Six
Months Ended
 
June 30,
 
June 30,
 
2014
 
2015
 
2014
 
2015
 
(Dollars in thousands)
 
(Dollars in thousands)
Service cost
$
473

 
$
506

 
$
946

 
$
1,333

Interest cost
2,169

 
1,526

 
4,338

 
3,052

Expected return on plan assets
(1,938
)
 
(1,354
)
 
(3,876
)
 
(2,708
)
Amortization of prior service cost
1

 
1

 
2

 
2

Net cost
$
705

 
$
679

 
$
1,410

 
$
1,679



The components of our consolidated net postretirement costs are set forth in the following table: 
 
For the Three Months Ended
 
For the Six Months Ended
 
June 30,
 
June 30,
 
2014
 
2015
 
2014
 
2015
 
(Dollars in thousands)
 
(Dollars in thousands)
Service cost
$
19

 
$
4

 
$
38

 
$
8

Interest cost
352

 
315

 
704

 
630

Curtailment loss
1,048

 

 
1,048

 

Amortization of prior service benefit
(47
)
 
(43
)
 
(94
)
 
(86
)
Net cost
$
1,372

 
$
276

 
$
1,696

 
$
552



On March 27, 2015, we settled $59.0 million of projected benefit obligations in the United Kingdom through the purchase of a group annuity contract. The purchase was fully funded with pension assets. The obligation associated with this transaction will require no additional cash contributions by the company. The results of this settlement were not material to our operations.