XML 117 R16.htm IDEA: XBRL DOCUMENT v3.2.0.727
Retirement Plans
6 Months Ended
Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Retirement Plans
Retirement Plans
We have a noncontributory, unfunded retirement plan for certain officers and other key employees in the United States. Certain of our foreign subsidiaries also have defined benefit pension plans covering substantially all of their respective employees.
The components of net periodic benefit cost, which are included in selling, general and administrative expenses, for the three and six months ended June 30, 2015 and 2014, were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
Service cost
$
32

 
$
40

 
$
65

 
$
75

Interest cost
464

 
482

 
929

 
965

Recognized net actuarial loss
401

 
202

 
802

 
406

Net periodic benefit cost
$
897

 
$
724

 
$
1,796

 
$
1,446


Certain of our foreign subsidiaries have health and welfare plans covering substantially all of their respective employees. Our expense for these plans totaled $0.5 million and $0.5 million for the three months ended June 30, 2015 and 2014 and $1.0 million and $1.0 million for the six months ended June 30, 2015 and 2014.