Pension and Postretirement Benefits

6 Months Ended

Jun. 30, 2015

Compensation and Retirement Disclosure [Abstract]

Pension and Postretirement Benefits

Pension and Postretirement Benefits

The net periodic benefit cost of Viad’s pension and postretirement plans for the three months ended June 30, included the following components:

	Domestic Plans
	Pension Plans						Postretirement Benefit Plans						Foreign Pension Plans
(in thousands)	2015			2014			2015			2014			2015			2014
Service cost	$	26		$	22		$	44		$	60		$	131		$	105
Interest cost	275			266			139			201			131			160
Expected return on plan assets	(81		)	(117		)	—			—			(152		)	(162		)
Amortization of prior service credit	—			—			(185		)	(148		)	—			—
Recognized net actuarial loss	143			85			134			108			2			2
Net periodic benefit cost	$	363		$	256		$	132		$	221		$	112		$	105

The net periodic benefit cost of Viad’s pension and postretirement plans for the six months ended June 30, included the following components:

	Domestic Plans
	Pension Plans						Postretirement Benefit Plans						Foreign Pension Plans
(in thousands)	2015			2014			2015			2014			2015			2014
Service cost	$	51		$	45		$	87		$	94		$	259		$	209
Interest cost	526			546			316			377			260			320
Expected return on plan assets	(192		)	(220		)	—			—			(301		)	(323		)
Amortization of prior service credit	—			—			(276		)	(296		)	—			—
Recognized net actuarial loss	268			204			273			209			4			5
Net periodic benefit cost	$	653		$	575		$	400		$	384		$	222		$	211

Viad expects to contribute $0.8 million to its funded pension plans, $0.6 million to its unfunded pension plans and $1.1 million to its postretirement benefit plans in 2015. During the six months ended June 30, 2015, Viad contributed $0.3 million to its funded pension plans, $0.3 million to its unfunded pension plans and $0.7 million to its postretirement benefit plans.