Employee Benefit Plans

3 Months Ended

Mar. 31, 2016

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

Defined Benefit Plan

We sponsor a noncontributory qualified retirement plan. The components of net periodic benefit cost for this plan are as follows (in thousands):

	Three Months Ended March 31,
	2016			2015
Service cost	$	309		$	322
Interest cost	498			476
Expected return on plan assets	(729		)	(772		)
Recognized loss	377			360
Total	$	455		$	386

The expected contribution to be paid to the qualified retirement plan during 2016 is approximately $2.0 million. During 2015, we contributed $1.5 million to the qualified retirement plan.

Defined Contribution Plans

Compensation expense related to our defined contribution plans was $.9 million and $1.3 million for the three months ended March 31, 2016 and 2015, respectively.