Employee Pension Plans

3 Months Ended

Mar. 31, 2018

(11) Employee Pension Plans

The Company has a defined benefit pension plan and an unfunded supplemental retirement plan. Effective September 1, 2004, all benefit accruals under these plans were frozen; however, the current vested benefit was preserved. The pension disclosure presented below includes aggregated amounts for both of the Company’s plans.

The following table sets forth the net periodic benefit cost for the three months ended March 31, 2018 and 2017:



	Three Months Ended March 31,
(in thousands)	2018		2017
Interest cost	$	883	$	975
Expected return on plan assets		(1,077)		(1,088)
Amortization of net loss		513		456
Other		213		213
Net periodic benefit cost	$	532	$	556

The Company contributed $0.8 million to its defined benefit pension plan during each of the three months ended March 31, 2018 and 2017, and expects to contribute an additional $2.0 million later in 2018.