Quarterly report pursuant to Section 13 or 15(d)

Pension and Other Postretirement Benefit Plans (Tables)

v3.3.1.900
Pension and Other Postretirement Benefit Plans (Tables)
3 Months Ended
Dec. 31, 2015
Pension and Other Postretirement Benefit Plans [Abstract]  
Net periodic pension and other postretirement benefit cost
The Company provides defined benefit pension and other postretirement plans to certain employees. Net periodic pension and other postretirement benefit cost for the plans included the following:

   
Three Months Ended December 31,
 
   
Pension
   
Other Postretirement
 
   
2015
   
2014
   
2015
   
2014
 
                 
Service cost
 
$
1,813
   
$
1,655
   
$
101
   
$
114
 
Interest cost
   
2,406
     
2,145
     
211
     
221
 
Expected return on plan assets
   
(2,407
)
   
(2,470
)
   
-
     
-
 
Amortization:
                               
   Prior service cost
   
(46
)
   
(45
)
   
(49
)
   
(49
)
   Net actuarial loss
   
1,866
     
1,564
     
-
     
-
 
                                 
Net benefit cost
 
$
3,632
   
$
2,849
   
$
263
   
$
286
 
Contributions made and anticipated for the current fiscal year
Contributions made and anticipated for fiscal year 2016 are as follows:
 
Contributions
 
Pension
   
Other Postretirement
 
         
Contributions during the three months ended December 31, 2015:
       
   Supplemental retirement plan
 
$
181
   
$
-
 
   Other postretirement plan
   
-
     
451
 
                 
Additional contributions expected in fiscal 2016:
               
   Supplemental retirement plan
 
$
568
   
$
-
 
   Other postretirement plan
   
-
     
558