XML 36 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Retirement Benefits
3 Months Ended
Mar. 31, 2018
Retirement Benefits [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 March 31,
 
2018
 
2017
 
U.S.
 
Non-U.S.
 
U.S.
 
Non-U.S.
Service cost
$
254

 
$
545

 
$
254

 
$
482

Interest cost
653

 
361

 
660

 
308

Expected return on plan assets
(983
)
 
(290
)
 
(944
)
 
(264
)
Net amortization
685

 
330

 
642

 
382

Net periodic benefit cost
$
609

 
$
946

 
$
612

 
$
908


 
 
Other Postretirement Benefits
 
Three Months Ended March 31,
 
2018
 
2017
Service cost
$
168

 
$
152

Interest cost
203

 
204

Net amortization
(184
)
 
(198
)
Net periodic benefit cost
$
187

 
$
158


The Company previously disclosed in its financial statements for the year ended December 31, 2017, that it expected to contribute approximately $5.5 million to its defined benefit plans and $0.1 million to its other postretirement benefit plans in 2018. During the first three months of 2018, the Company contributed a total of $0.7 million to fund these plans and expects to contribute an additional $5.0 million to $20.0 million in the remaining nine months of 2018.