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Pension and Postretirement Benefits
3 Months Ended
Mar. 31, 2016
Compensation And Retirement Disclosure [Abstract]  
Pension and Postretirement Benefits

Note 16. Pension and Postretirement Benefits

The net periodic benefit cost of Viad’s pension and postretirement plans for the three months ended March 31, 2016 and 2015 included the following components:

 

 

 

Domestic Plans

 

 

 

 

 

 

 

 

 

 

 

Pension Plans

 

 

Postretirement Benefit Plans

 

 

Foreign Pension Plans

 

(in thousands)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Service cost

 

$

10

 

 

$

25

 

 

$

36

 

 

$

43

 

 

$

119

 

 

$

128

 

Interest cost

 

 

258

 

 

 

251

 

 

 

151

 

 

 

177

 

 

 

120

 

 

 

127

 

Expected return on plan assets

 

 

(93

)

 

 

(111

)

 

 

 

 

 

 

 

 

(137

)

 

 

(149

)

Amortization of prior service credit

 

 

 

 

 

 

 

 

(126

)

 

 

(91

)

 

 

 

 

 

 

Recognized net actuarial loss

 

 

115

 

 

 

125

 

 

 

94

 

 

 

139

 

 

 

1

 

 

 

2

 

Net periodic benefit cost

 

$

290

 

 

$

290

 

 

$

155

 

 

$

268

 

 

$

103

 

 

$

108

 

 

Viad expects to contribute $0.9 million to its funded pension plans, $0.8 million to its unfunded pension plans, and $1.1 million to its postretirement benefit plans in 2016. During the three months ended March 31, 2016, Viad contributed $0.2 million to its funded pension plans, $0.2 million to its unfunded pension plans, and $0.2 million to its postretirement benefit plans.