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Employee Retirement Plans
3 Months Ended
Mar. 31, 2025
Employee Retirement Plans  
Employee Retirement Plans

7.    Employee Retirement Plans

The components of pension expense were as follows:

Three Months Ended March 31, 

    

2025

    

2024

(Dollars in thousands)

Service cost

$

58

$

96

Interest cost

 

635

 

637

Expected return on plan assets

 

(628)

 

(612)

Net amortization and deferral

 

55

 

99

Pension expense

$

120

$

220

The components of pension expense other than the service cost component are included in “other expense, net” in the Condensed Consolidated Statements of Earnings.