Pension And Other Retirement Plans

6 Months Ended

Jun. 30, 2017

Compensation and Retirement Disclosure [Abstract]

Pension and Other Retirement Plans

NOTE 10: PENSION AND OTHER RETIREMENT PLANS

The components of net periodic benefit credit for Company-sponsored pension plans, net of taxes, for the three and six months ended June 30, 2017 and June 30, 2016 were as follows (in thousands):

	Pension Benefits
	Three Months Ended						Six Months Ended
	June 30, 2017			June 30, 2016			June 30, 2017			June 30, 2016
Service cost	$	198		$	177		$	384		$	346
Interest cost	19,528			20,611			39,097			41,362
Expected return on plans’ assets	(25,236		)	(26,895		)	(50,563		)	(53,808		)
Amortization of prior service costs	35			45			58			45
Net periodic benefit credit	$	(5,475	)	$	(6,062	)	$	(11,024	)	$	(12,055	)

Net periodic benefit cost related to other post retirement benefit plans was not material for all periods presented. For 2017, the Company does not expect to make any contributions to its qualified pension plans and expects to contribute $1 million to its other postretirement plans. In the three and six months ended June 30, 2017 and June 30, 2016, the Company’s contributions were not material.