Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans

v3.21.2
Benefit Plans
9 Months Ended
Sep. 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
September 30,
Three months ended
September 30,
2021 2020 2021 2020
Service cost $ —  $ 192  $ —  $ 280 
Interest cost 551  675  63  78 
Expected return on plan assets (1,093) (970) (63) (74)
Amortization of net loss —  —  —  24 
Settlement (gain) recognized (26) — —  — 
Net periodic expense (benefit) $ (568) $ (103) $ —  $ 308 
U.S.  Foreign 
Nine months ended
September 30,
Nine months ended
September 30,
2021 2020 2021 2020
Service cost $ —  $ 577  $ —  $ 798 
Interest cost 1,652  2,026  193  221 
Expected return on plan assets (3,280) (2,910) (193) (212)
Amortization of net loss —  —  —  70 
Settlement (gain) recognized (26) —  —  — 
Net periodic (benefit) expense $ (1,654) $ (307) $ —  $ 877 
Other Postretirement Benefit Plans
Three months ended
September 30,
Nine months ended
September 30,
2021 2020 2021 2020
Interest cost 4  5  13  14 
Amortization of prior service credit (58) (58) (174) (174)
Amortization of net loss 2  —  4  1 
Net periodic benefit $ (52) $ (53) $ (157) $ (159)