Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans

v3.21.2
Benefit Plans
6 Months Ended
Jun. 30, 2021
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 and (2) the Company-sponsored unfunded plans to provide certain health care benefits to retired employees in the U.S.
Components of net periodic expense (benefit) are as follows:
Defined Benefit Pension Plans
U.S. 
Foreign
Three months ended
June 30,
Three months ended
June 30,
2021 2020 2021 2020
Service cost $ —  $ 192  $ —  $ 262 
Interest cost 551  675  65  73 
Expected return on plan assets (1,094) (970) (65) (70)
Amortization of net loss —  —  —  23 
Net periodic expense (benefit) $ (543) $ (103) $ —  $ 288 
U.S.  Foreign 
Six months ended
June 30,
Six months ended
June 30,
2021 2020 2021 2020
Service cost $ —  $ 384  $ —  $ 521 
Interest cost 1,102  1,351  130  144 
Expected return on plan assets (2,187) (1,940) (130) (138)
Amortization of net loss —  —  —  46 
Net periodic (benefit) expense $ (1,085) $ (205) $ —  $ 573 
Other Postretirement Benefit Plans
Three months ended
June 30,
Six months ended
June 30,
2021 2020 2021 2020
Interest cost 4  5  8  10 
Amortization of prior service credit (58) (58) (116) (116)
Amortization of net loss 2  —  3  — 
Net periodic benefit $ (52) $ (53) $ (105) $ (106)