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Pensions and Other Post-retirement Benefits
3 Months Ended
Dec. 31, 2016
Pensions and Other Post-retirement Benefits  
Pensions and Other Post-retirement Benefits

 

12.Pensions and Other Post-retirement Benefits

 

The following provides information at December 31, 2016 related to the Company-sponsored domestic defined benefit pension plan:

 

Components of Net Periodic Benefit Cost

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2016

 

2015

 

 

 

(in thousands)

 

 

 

 

 

 

 

Interest cost

 

$

975

 

$

1,116

 

Expected return on plan assets

 

(1,299

)

(1,490

)

Recognized net actuarial loss

 

575

 

493

 

 

 

 

 

 

 

Net pension expense

 

$

251

 

$

119

 

 

 

 

 

 

 

 

 

 

Employer Contributions

 

We did not contribute to the Pension Plan during the three months ended December 31, 2016.  We could make contributions for the remainder of fiscal 2017 to fund distributions in lieu of liquidating assets.