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Employee Benefit Plans
6 Months Ended
Jun. 30, 2017
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Employee Benefit Plans
EMPLOYEE BENEFIT PLANS

Pensions
The Company sponsors a frozen defined benefit pension plan, which includes both a qualified and non-qualified portion, for all eligible employees in the U.S. (the cash balance plan) and unfunded defined benefit plans for certain eligible employees in the Philippines, Malaysia and France (together with the cash balance plan, the defined benefit plans).The pension benefit formula for the cash balance plan is determined by a combination of compensation and age-based credits and annual guaranteed interest credits. The qualified portion of the cash balance plan has been funded through contributions made to a trust fund. The Company’s measurement date for all plans is December 31. The plan assumptions are evaluated annually and are updated as deemed necessary.
  
Components of pension cost and other amounts recognized in other comprehensive income for the Company’s defined benefit plans are as follows:

 
Three Months Ended June 30,
 
Six Months Ended June 30,
  
2017
2016
 
2017
2016
Service cost

$1.4


$1.6

 

$2.7


$3.3

Interest cost on projected benefit obligation
1.9

2.2

 
3.8

4.4

Expected return on plan assets
(2.5
)
(2.5
)
 
(5.0
)
(5.0
)
Amortization and deferrals—net
1.4

1.7

 
2.9

3.4

Total net pension cost

$2.2


$3.0

 

$4.4


$6.1


 
The Company also sponsors a non-qualified, unfunded executive deferred compensation plan (the EDCP), which permits eligible participants, including executive officers, to defer receipt of certain income. The Company matches up to 100% of the first 3% of a participant’s deferred amounts and 50% of a participant’s next 2% of deferred amounts.  The Company match under the EDCP is reduced by the Company match eligible to be received under the Company’s Retirement and Savings Plan.

Components of pension cost and other amounts recognized in other comprehensive loss for the EDCP are as follows:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
  
2017
2016
 
2017
2016
Service cost

$0.5


$0.3

 

$0.9


$0.6

Interest cost on projected benefit obligation
0.1

0.1

 
0.2

0.2

Total pension cost

$0.6


$0.4

 

$1.1


$0.8