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 13  14 
Amortization of prior service credit (58) (58) (174) (174)
Amortization of net loss — 
Net periodic benefit $ (52) $ (53) $ (157) $ (159)