Quarterly report pursuant to Section 13 or 15(d)

PENSION AND POST RETIREMENT BENEFIT PLAN (Tables)

v3.19.3
PENSION AND POST RETIREMENT BENEFIT PLAN (Tables)
9 Months Ended
Sep. 30, 2019
Retirement Benefits [Abstract]  
Components of Net Pension Benefit Loss/(Gain)

Components of Net Pension Benefit Loss/(Gain) 

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
(in thousands)   2019     2018     2019     2018  
Interest and service cost   $ 1,175     $ 1,995     $ 4,699     $ 5,985  
Expected return on plan assets     (2,285 )     (3,443 )     (7,565 )     (10,329 )
Amortization of net loss     1,110       826       2,866       2,478  
Pension settlement loss     49,898             49,898        
Net periodic loss   $ 49,898     $ (622 )   $ 49,898     $ (1,866 )