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Employer Sponsored Benefit Plans
 6 Months Ended
Jun. 30, 2020
Retirement Benefits [Abstract]  
Employer Sponsored Benefit Plans Employer Sponsored Benefit Plans
 
Prior to the three-month period ended June 30, 2020, the Company maintained two domestic pension plans: the Retirement Income Plan for Employees of Interface Performance Materials, Inc. ("IPM Pension Plan"), and the Interface Sealing Solutions, Inc. Pension Plan ("ISS Pension Plan"). During the three-month period ended March 31, 2020, the Company settled the pension obligation of the ISS Pension Plan through lump sum distributions to participants or by irrevocably transferring pension liabilities to an insurance company through the purchase of a group annuity contract. This purchase, funded with pension assets, resulted in a pre-tax settlement loss of $0.4 million in the three-month period ended March 31, 2020, related to the recognition of accumulated deferred actuarial losses. The settlement loss and expenses were included as non-operating expense in the condensed consolidated statements of operations.

The IPM Pension Plan covers a portion of Interface's union and non-union employees. The plan is closed to new employees and benefits are no longer accruing for the majority of participants. The Company expects to make required contributions of approximately $1.2 million to the IPM Pension Plan during 2020. There were no contributions made during the three-month period ended June 30, 2020, as the Company took advantage of the delay in minimum funding contribution due dates as allowed under the CARES Act, and is delaying payment of the minimum funding contributions of $0.3 million originally due during April 2020. This and other required minimum funding contributions for the remainder of 2020 will be made later in 2020. Contributions of $0.4 million were made during the six-month period ended June 30, 2020. Contributions of $0.3 million and $0.9 million were made during the three-month and six-month periods ended June 30, 2019, respectively, inclusive of contributions made to the ISS Pension Plan.

Prior to 2020, the Company also maintained the U.S. Lydall Pension Plan. During the second quarter of 2019, the Company settled the pension obligation of the U.S. Lydall Pension Plan through lump sum distributions to participants or by irrevocably transferring pension liabilities to two insurance companies through the purchase of group annuity contracts. No contributions were made to the U.S. Lydall Pension Plan during the three-month and six-month periods ended June 30, 2019.

The following is a summary of the components of net periodic benefit cost for the domestic defined benefit pension plans for
the three-month and six-month periods ended June 30, 2020 and 2019:
For the Three Months Ended  
June 30,		For the Six Months Ended  
June 30,
In thousands2020201920202019
Components of employer benefit cost  
Service cost$40  $30  $80  $60  
Interest cost428  833  857  1,827  
Expected return on assets(532) (744) (1,065) (1,616) 
Amortization of actuarial loss —  186  2  464  
Net periodic benefit cost$(64) $305  $(126) $735  
Settlement loss—  25,515  385  25,515  
Total employer benefit plan cost$(64) $25,820  $259  $26,250  

The Company reports the service cost component of net periodic benefit cost in the same line item as other compensation costs in operating expenses and the non-service cost components of net periodic benefit cost in other income.