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Employee Retirement Plans
6 Months Ended
Jun. 30, 2023
Employee Retirement Plans  
Employee Retirement Plans

7.    Employee Retirement Plans

The components of our pension expense were as follows:

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2023

    

2022

    

2023

    

2022

(Dollars in thousands)

Service cost

$

116

$

111

$

234

$

223

Interest cost

 

644

 

445

 

1,316

 

877

Expected return on plan assets

 

(574)

 

(750)

 

(1,151)

 

(1,502)

Net amortization and deferral

 

114

230

 

248

 

438

Pension expense

$

300

$

36

$

647

$

36

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