Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans

v3.24.3
Benefit Plans
 9 Months Ended
Sep. 30, 2024
Retirement Benefits [Abstract]  
Benefit Plans
14. Benefit Plans:
The following tables present the components of net periodic (benefit) expense for the Company-sponsored defined benefit pension and postretirement plans, which cover certain employees and retirees located in the U.S.
Defined Benefit Pension Plans
Three months ended
September 30,		 Nine months ended
September 30,
2024 2023 2024 2023
Interest cost $ 807  $ 863  $ 2,421  $ 2,590 
Expected return on plan assets (837) (826) (2,511) (2,479)
Settlement loss (gain) —  22  (6) 50 
Net periodic (benefit) expense $ (30) $ 59  $ (96) $ 161 
Other Postretirement Benefit Plan
Three months ended
September 30,		 Nine months ended
September 30,
2024 2023 2024 2023
Interest cost $ 6  $ 6  $ 18  $ 18 
Amortization of prior service credit (7) (31) (22) (94)
Amortization of net gain —  (1) (1) (2)
Net periodic benefit $ (1) $ (26) $ (5) $ (78)
All components of net periodic (benefit) expense other than service cost are presented within other expense (income), net in the Company’s condensed consolidated statements of income.