XML 43 R32.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
RETIREMENT PLANS (Tables)
3 Months Ended
Mar. 31, 2024
RETIREMENT PLANS  
Schedule of components of the plan's net periodic pension cost

The Company recorded the net periodic benefit cost identified below (in thousands):

Three months ended

March 31, 2024

    

March 31, 2023

Pension benefits

Postretirement benefits

Pension benefits

Postretirement benefits

Operating expense

Service cost

$

22

$

16

$

38

$

31

Non-operating expense

Interest cost

824

45

593

35

Expected return on plan assets

 

(729)

 

(953)

 

Amortization of unrecognized actuarial gain

(11)

(28)

Settlements

369

Net periodic pension expense (benefit)

$

106

$

33

$

47

$

66