Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans

v3.20.2
Benefit Plans
9 Months Ended
Sep. 30, 2020
Retirement Benefits [Abstract]  
Benefit Plans
16. Benefit Plans:
The following information is provided for (1) the Company-sponsored defined benefit pension plans covering employees in the U.S. and certain employees at its foreign subsidiaries, (2) the Company-sponsored unfunded plans to provide certain health care benefits to retired employees in the U.S. and Canada, and (3) the Company’s defined benefit supplementary retirement plans which provide benefits for certain U.S. employees in excess of qualified plan limitations.
Components of net periodic expense (benefit) are as follows:
Defined Benefit Pension Plans
U.S. 
Foreign
Three months ended
September 30,
Three months ended
September 30,
2020 2019 2020 2019
Service cost $ 192  $ 251  $ 997  $ 780 
Interest cost 2,152  2,653  707  801 
Expected return on plan assets (3,135) (2,912) (810) (782)
Amortization of net loss —  —  41 
Amortization of prior service cost —  — 
Net periodic expense (benefit) $ (791) $ (8) $ 941  $ 806 
U.S.  Foreign 
Nine months ended
September 30,
Nine months ended
September 30,
2020 2019 2020 2019
Service cost $ 577  $ 751  $ 2,989  $ 2,464 
Interest cost 6,455 7,958  2,121 2,458 
Expected return on plan assets (9,404) (8,733) (2,429) (2,375)
Amortization of net loss —  —  121 
Amortization of prior service cost —  —  19  18 
Net periodic expense (benefit) $ (2,372) $ (24) $ 2,821  $ 2,566 
Supplemental Retirement Plans
Three months ended
September 30,
Nine months ended
September 30,
2020 2019 2020 2019
Interest cost $ 86  $ 121  $ 259  $ 364 
Net periodic expense $ 86  $ 121  $ 259  $ 364 

Other Postretirement Benefit Plans
Three months ended
September 30,
Nine months ended
September 30,
2020 2019 2020 2019
Service cost $ —  $ $ —  $ 10 
Interest cost 24  38  73  114 
Amortization of prior service credit (58) (32) (174) (97)
Amortization of net gain (7) (9) (22) (27)
Net periodic expense (benefit) $ (41) $ —  $ (123) $ —