Quarterly report pursuant to Section 13 or 15(d)

PENSION BENEFITS (Tables)

v3.21.2
PENSION BENEFITS (Tables)
 9 Months Ended
Sep. 30, 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
September 30, 2021		 Three Months Ended
September 30, 2020		 Nine Months Ended
September 30, 2021		 From
June 26, 2020 to September 30, 2020
From
January 1, 2020 to June 25, 2020
Service cost $ 15  $ 47  $ 47  $ 47  $ 41 
Interest cost 259  273  778  273  593 
Expected return on plan assets (398) (392) (1,197) (392) (817)
Recognized actuarial loss 9  —  27  —  276 
Amortization of prior service cost —  —  —  —  33 
Settlement/curtailment gain (97) —  (97) —  — 
Net periodic benefit (credit) cost $ (212) $ (72) $ (442) $ (72) $ 126 
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
September 30, 2021		 Three Months Ended
September 30, 2020		 Nine Months Ended
September 30, 2021		 From
June 26, 2020 to September 30, 2020
From
January 1, 2020 to June 25, 2020
Selling, general and administrative expense $ 15  $ 47  $ 47  $ 47  $ 41 
Other income, net (227) (119) (489) (119) 85 
Net periodic benefit (credit) cost $ (212) $ (72) $ (442) $ (72) $ 126