NOTE 7—PENSION AND POST-RETIREMENT BENEFIT PLANS The following tables present the components of net periodic benefit cost for the People Inc. pension and post-retirement benefit plans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | Three Months Ended June 30, 2025 | | Pension | | Post-Retirement | | Pension | | Post-Retirement | | U.S. | | International | | U.S. | | U.S. | | International | | U.S. | | (In thousands) | | | | | | | | | | | | | | Interest cost | $ | 19 | | | $ | 5,859 | | | $ | 45 | | | $ | 37 | | | $ | 5,453 | | | $ | 53 | | | Expected return on plan assets | — | | | (5,809) | | | — | | | — | | | (5,441) | | | — | | | Actuarial loss recognition | — | | | — | | | — | | | 40 | | | — | | | — | | | | | | | | | | | | | | | Net periodic benefit cost | $ | 19 | | | $ | 50 | | | $ | 45 | | | $ | 77 | | | $ | 12 | | | $ | 53 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | Six Months Ended June 30, 2025 | | Pension | | Post-Retirement | | Pension | | Post-Retirement | | U.S. | | International | | U.S. | | U.S. | | International | | U.S. | | (In thousands) | | | | | | | | | | | | | | Interest cost | $ | 47 | | | $ | 11,749 | | | $ | 90 | | | $ | 74 | | | $ | 10,608 | | | $ | 106 | | | Expected return on plan assets | — | | | (11,648) | | | — | | | — | | | (10,584) | | | — | | | Actuarial loss recognition | 1 | | | — | | | — | | | 40 | | | — | | | — | | | | | | | | | | | | | | | Net periodic benefit cost | $ | 48 | | | $ | 101 | | | $ | 90 | | | $ | 114 | | | $ | 24 | | | $ | 106 | |
The components of net periodic benefit cost are included in “Other income, net” in the statement of operations.
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