Employee Benefit Plans

9 Months Ended

Sep. 30, 2020

Retirement Benefits [Abstract]

Employee Benefit Plans

Note 11. 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				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Service cost	$	370	$	246	$	948	$	843
Interest cost		634		499		1,311		1,538
Expected return on plan assets		(1,341)		(776)		(2,773)		(2,514)
Amortization of net loss		225		305		795		892
Total	$	(112)	$	274	$	281	$	759

The components of net periodic benefit cost other than the service cost component are included in Interest and Other Income, net in the Condensed Consolidated Statements of Operations.

For both the nine months ended September 30, 2020 and 2019, we contributed $1.0 million to the qualified retirement plan. Currently, we do not anticipate making any additional contributions to this plan during 2020.

Defined Contribution Plans

Compensation expense related to our defined contribution plans was $.9 million and $1.0 million for the three months ended September 30, 2020 and 2019, respectively, and $2.9 million and $3.0 million for the nine months ended September 30, 2020 and 2019, respectively.