Pension and Postretirement Benefits

9 Months Ended

Sep. 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 September 30, 2015 and 2014 included the following components:

	Domestic Plans
	Pension Plans						Postretirement Benefit Plans						Foreign Pension Plans
(in thousands)	2015			2014			2015			2014			2015			2014
Service cost	$	25		$	20		$	27		$	11		$	123		$	104
Interest cost	237			263			148			140			124			158
Expected return on plan assets	(93		)	(107		)	—			—			(143		)	(161		)
Amortization of prior service credit	—			—			(138		)	(149		)	—			—
Recognized net actuarial loss	100			101			123			16			2			3
Net periodic benefit cost	$	269		$	277		$	160		$	18		$	106		$	104

The net periodic benefit cost of Viad’s pension and postretirement plans for the nine months ended September 30, 2015 and 2014 included the following components:

	Domestic Plans
	Pension Plans						Postretirement Benefit Plans						Foreign Pension Plans
(in thousands)	2015			2014			2015			2014			2015			2014
Service cost	$	76		$	65		$	114		$	105		$	382		$	313
Interest cost	763			809			464			517			384			478
Expected return on plan assets	(285		)	(327		)	—			—			(443		)	(484		)
Amortization of prior service credit	—			—			(414		)	(445		)	—			—
Recognized net actuarial loss	368			305			396			225			5			8
Net periodic benefit cost	$	922		$	852		$	560		$	402		$	328		$	315

Viad expects to contribute $1.4 million to its funded pension plans, $0.8 million to its unfunded pension plans, and $1.1 million to its postretirement benefit plans in 2015. During the nine months ended September 30, 2015, Viad contributed $1.0 million to its funded pension plans, $0.5 million to its unfunded pension plans, and $1.0 million to its postretirement benefit plans.