Quarterly report pursuant to Section 13 or 15(d)

PENSION BENEFITS (Tables)

v3.21.1
PENSION BENEFITS (Tables)
 3 Months Ended
Mar. 31, 2021
Retirement Benefits [Abstract]  
Schedule of components of net periodic benefit (credit) cost and net periodic benefit costs
The components of net periodic benefit (credit) cost for the Company’s defined benefit pension plans for the Successor and Predecessor were as follows (in thousands):
(Successor) (Predecessor)
Three Months Ended
March 31, 2021		 Three Months Ended
March 31, 2020
Service cost $ 16  $ 14 
Interest cost 259  51 
Expected return on plan assets (399) — 
Recognized actuarial loss 9  40 
Net periodic benefit (credit) cost $ (115) $ 105 
Net periodic benefit (credit) cost is reflected in the Company’s consolidated financial statements as follows for the Successor and Predecessor periods presented (in thousands):
(Successor) (Predecessor)
Three Months Ended
March 31, 2021		 Three Months Ended
March 31, 2020
Selling, general and administrative expense $ 16  $ 14 
Other income, net (131) 91 
Net periodic benefit (credit) cost $ (115) $ 105