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Employee Retirement Plans
9 Months Ended
Sep. 30, 2021
Employee Retirement Plans  
Employee Retirement Plans

8.    Employee Retirement Plans

The components of the Company’s pension expense were as follows:

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2021

    

2020

    

2021

    

2020

(Dollars in thousands)

Service cost

$

102

$

115

$

306

$

345

Interest cost

 

371

 

502

 

1,113

 

1,508

Expected return on plan assets

 

(720)

 

(693)

 

(2,160)

 

(2,081)

Net amortization and deferral

 

247

191

 

741

 

573

Pension expense

$

$

115

$

$

345

The components of pension expense other than the service cost component were included in other income (expense), net in the Consolidated Condensed Statements of Earnings and Comprehensive Income (Unaudited).