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Pension Benefits (Tables)
9 Months Ended
Sep. 30, 2020
Pension Benefits  
Schedule of net periodic pension cost

The net periodic pension cost for the three and nine months ended September 30, 2020 and 2019 were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Nine months ended

 

 

    

September 30, 

 

September 30, 

    

 

 

2020

    

2019

    

2020

    

2019

 

COMPONENTS OF NET PERIODIC BENEFIT COST:

 

 

  

 

 

  

 

 

  

 

 

  

 

Service cost

 

$

419

 

$

368

 

$

1,257

 

$

1,104

 

Interest cost

 

 

320

 

 

392

 

 

960

 

 

1,176

 

Expected return on plan assets

 

 

(811)

 

 

(756)

 

 

(2,433)

 

 

(2,268)

 

Recognized net actuarial loss

 

 

611

 

 

412

 

 

1,833

 

 

1,236

 

Net periodic pension cost

 

$

539

 

$

416

 

$

1,617

 

$

1,248