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Retirement Benefits
6 Months Ended
Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Retirement Benefits
Retirement Benefits
The Company sponsors several qualified and nonqualified defined benefit and defined contribution pension plans and other postretirement plans for its employees. The following tables provide the components of net periodic benefit cost for its major defined benefit plans and its other postretirement plans.
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Three Months Ended June 30,
 
2015
 
2014
 
U.S.
 
Non-U.S.
 
U.S.
 
Non-U.S.
 
 
Service cost
$
376

 
$
376

 
$
323

 
$
392

Interest cost
937

 
433

 
1,053

 
605

Expected return on plan assets
(1,248
)
 
(280
)
 
(1,408
)
 
(329
)
Net amortization
855

 
470

 
674

 
219

Net periodic benefit cost
$
920

 
$
999

 
$
642

 
$
887

 
Pension Benefits
 
Six Months Ended June 30,
 
2015
 
2014
 
U.S.
 
Non-U.S.
 
U.S.
 
Non-U.S.
Service cost
$
751

 
$
757

 
$
645

 
$
766

Interest cost
1,875

 
868

 
2,106

 
1,204

Expected return on plan assets
(2,496
)
 
(556
)
 
(2,816
)
 
(657
)
Net amortization
1,679

 
929

 
1,374

 
439

Net periodic benefit cost
$
1,809

 
$
1,998

 
$
1,309

 
$
1,752


 
 
Other Postretirement Benefits
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
Service cost
$
169

 
$
179

 
$
338

 
$
357

Interest cost
209

 
233

 
418

 
466

Net amortization
(111
)
 
(119
)
 
(219
)
 
(237
)
Net periodic benefit cost
$
267

 
$
293

 
$
537

 
$
586


The Company previously disclosed in its financial statements for the year ended December 31, 2014, that it expected to contribute approximately $1.6 million to its defined benefit plans and $0.5 million to its other postretirement benefit plans in 2015. As of June 30, 2015, the Company now expects to contribute $5.9 million to its defined benefit plans and $0.7 million to its other postretirement benefit plans in 2015. The Company contributed a total of $2.2 million during the first six months of 2015 to fund these plans.