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Employee Benefits
9 Months Ended
Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Employee Benefits
EMPLOYEE BENEFITS

Net Periodic Benefit Cost

The components of the net periodic benefit cost for our pension and postretirement benefit plans are as follows:
 
Pension Plan
 
Postretirement Benefit Plan
Three Months Ended September 30,
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
Net periodic benefit cost
 
 
 
 
 
 
 
Service cost
$
1,623

 
$
1,669

 
$
932

 
$
1,305

Interest cost
1,663

 
1,500

 
754

 
713

Expected return on plan assets
(1,988
)
 
(1,950
)
 

 

Amortization of net loss
992

 
1,136

 
379

 
731

Net periodic benefit cost
$
2,290

 
$
2,355

 
$
2,065

 
$
2,749


 
Pension Plan
 
Postretirement Benefit Plan
Nine Months Ended September 30,
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
Net periodic benefit cost
 
 
 
 
 
 
 
Service cost
$
4,869

 
$
5,007

 
$
2,796

 
$
3,915

Interest cost
4,989

 
4,500

 
2,262

 
2,139

Expected return on plan assets
(5,964
)
 
(5,850
)
 

 

Amortization of net loss
2,976

 
3,408

 
1,137

 
2,193

Net periodic benefit cost
$
6,870

 
$
7,065

 
$
6,195

 
$
8,247


Employer Contributions

We previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2015 that we expected to contribute $6,384 to the pension plan in 2016. For the nine-month period ended September 30, 2016, we contributed $16,383 to the pension plan. In September 2016, the Company contributed an additional $10,000 to the pension plan for tax advantages and to reduce future obligations.