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. As disclosed in Note 1, the Company elected to early adopt ASU 2017-07 during the quarter ended March 31, 2017. As a result, the Company recorded Interest cost, Expected return on plan assets, and Net amortization within Other (income) expense - net. The Company adopted this standard retrospectively and thus $0.8 million and $1.6 million, respectively, were reclassified from Selling, general and administrative expenses to Other (income) expense - net for the three and six months ended June 30, 2016 to conform to current period presentation.




	Pension Benefits
	Three Months Ended June 30,
	2017						2016
	U.S.			Non-U.S.			U.S.			Non-U.S.
Service cost	$	254		$	494		$	294		$	304
Interest cost	661			317			747			355
Expected return on plan assets	(944		)	(270		)	(1,175		)	(220		)
Net amortization	641			395			827			243
Net periodic benefit cost	$	612		$	936		$	693		$	682



	Pension Benefits
	Six Months Ended June 30,
	2017						2016
	U.S.			Non-U.S.			U.S.			Non-U.S.
Service cost	$	508		$	976		$	588		$	603
Interest cost	1,321			625			1,494			705
Expected return on plan assets	(1,888		)	(534		)	(2,350		)	(439		)
Net amortization	1,283			777			1,654			481
Net periodic benefit cost	$	1,224		$	1,844		$	1,386		$	1,350



	Other Postretirement Benefits
	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Service cost	$	152		$	181		$	304		$	313
Interest cost	204			224			408			398
Net amortization	(199		)	(154		)	(397		)	(308		)
Net periodic benefit cost	$	157		$	251		$	315		$	403

The Company previously disclosed in its financial statements for the year ended December 31, 2016, that it expected to contribute approximately $5.8 million to its defined benefit plans and $0.1 million to its other postretirement benefit plans in 2017. As of June 30, 2017, the Company expects to contribute approximately $4.8 million to its defined benefit plans and $0.6 million to its other postretirement benefit plans in 2017. The Company contributed a total of $2.0 million during the first six months of 2017 to fund these plans.