23  Notes to Consolidated Financial Statements (dollars in thousands, except per share data) - continued -  Costs charged to continuing operations for all pension plans are summarized as follows: Portions of the cost of the defined contribution plans are based on the Company’s operating results and the level of associates’ contributions to their accounts. The provision (benefit) for income taxes on income (loss) from continuing operations consists of the following: Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the tax bases of those assets and liabilities. Significant components of the Company’s deferred tax liabilities and assets are as follows: THE DIXIE GROUP  / 2001 ANNUAL REPORT NOTE I – INCOME TAXES 2001 2000 1999 Components of net periodic pension costs: Defined benefit plans Service cost $ 103 $ 92 $ 100  Interest cost 232 436 222 Expected return on plan assets (79) (357) (244) Recognized net actuarial loss 40 10 110 Settlement loss 42 75 64 338 256 252 Defined contribution plans 1,676 3,006 3,889 Net pension cost $ 2,014 $ 3,262 $ 4,141 2001 2000 1999 CURRENT DEFERRED CURRENT DEFERRED CURRENT DEFERRED Federal $ (1,437) $ 2,330 $ (9,125) $ 3,600 $ 5,366 $ 1,940  State (113) (223) (249) 47 747 (82) Total $ (1,550) $ 2,107 $ (9,374) $ 3,647 $ 6,113 $ 1,858  Deferred Tax Liabilities: 2001 2000 Property, plant and equipment $ 33,728 $ 31,799 Intangible assets 1,219 522 Other 2,848 4,085 Total deferred tax liabilities 37,795 36,406 Deferred Tax Assets: Inventories 22 525 Post-retirement benefits 5,532 4,996 Other employee benefits 1,613 1,721 Losses from discontinued operations 37 214 Alternative minimum tax 3,687 3,240 Net operating loss carry forward 2,857 – Allowances for bad debts, claims and discounts 2,699 2,281 Other 2,397 761 Total deferred tax assets 18,844 13,738 Net deferred tax liabilities $ 18,951 $ 22,668