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Pension and Postretirement Benefits
9 Months Ended
Sep. 30, 2013
Compensation And Retirement Disclosure [Abstract]  
Pension and Postretirement Benefits

Note 15. Pension and Postretirement Benefits

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

 

     Domestic Plans              
     Pension Plans     Postretirement
Benefit Plans
    Foreign
Pension Plans
 
     2013     2012     2013     2012     2013     2012  
     (in thousands)  

Service cost

   $ —        $ 24      $ 25      $ 31      $ 134      $ 123   

Interest cost

     251        276        152        187        175        186   

Expected return on plan assets

     (100     (84     —          (15     (175     (157

Amortization of prior service credit

     —          —          (227     (278     —          —     

Recognized net actuarial loss

     129        110        106        101        10        —     
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

   $ 280      $ 326      $ 56      $ 26      $ 144      $ 152   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

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

 

     Domestic Plans              
     Pension Plans     Postretirement
Benefit Plans
    Foreign
Pension Plans
 
     2013     2012     2013     2012     2013     2012  
     (in thousands)  

Service cost

   $ 60      $ 78      $ 117      $ 110      $ 405      $ 368   

Interest cost

     773        863        498        611        531        552   

Expected return on plan assets

     (300     (305     —          (56     (530     (467

Amortization of prior service credit

     —          —          (677     (835     —          —     

Recognized net actuarial loss

     427        368        388        410        30        —     
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

   $ 960      $ 1,004      $ 326      $ 240      $ 436      $ 453   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Viad expects to contribute $2.6 million to its funded pension plans, $1.1 million to its unfunded pension plans and $400,000 to its postretirement benefit plans in 2013. During the nine months ended September 30, 2013, Viad contributed $2.3 million to its funded pension plans, $665,000 to its unfunded pension plans and $64,000 to its postretirement benefit plans.