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Pension
9 Months Ended
Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]  
Pension

8. PENSION

Defined Benefit Plan

We provide a noncontributory defined benefit pension plan covering substantially all of our Dutch employees ("Dutch Plan") who were hired prior to 2000. The pension benefit is based on years of service and final pay or career average pay, depending on when the employee began participating. The benefits earned by the employees are immediately vested.

The following table summarizes the components of net periodic pension cost under the Dutch Plan (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Service cost

 

$

191

 

 

$

359

 

 

$

572

 

 

$

1,100

 

Interest cost

 

 

259

 

 

 

308

 

 

 

778

 

 

 

944

 

Expected return on plan assets

 

 

(231

)

 

 

(266

)

 

 

(692

)

 

 

(815

)

Amortization of prior service cost

 

 

(25

)

 

 

(19

)

 

 

(75

)

 

 

(58

)

Amortization of actuarial loss

 

 

15

 

 

 

84

 

 

 

44

 

 

 

252

 

Net periodic pension cost

 

$

209

 

 

$

466

 

 

$

627

 

 

$

1,423

 

During the nine months ended September 30, 2019, we contributed $1.5 million to fund the estimated 2019 premiums on investment contracts held by the Dutch Plan.