Pension and Postretirement Benefits

9 Months Ended

Sep. 30, 2017

Compensation And Retirement Disclosure [Abstract]

Pension and Postretirement Benefits

Note 16. Pension and Postretirement Benefits

The components of net periodic benefit cost of Viad’s pension and postretirement benefit plans for the three months ended September 30, 2017 and 2016 included the following:

	Domestic Plans
	Pension Plans						Postretirement Benefit Plans						Foreign Pension Plans
(in thousands)	2017			2016			2017			2016			2017			2016
Service cost	$	8		$	54		$	22		$	5		$	138		$	123
Interest cost		197			257			92			126			120			124
Expected return on plan assets		(55	)		(62	)		—			—			(156	)		(142	)
Amortization of prior service credit		—			—			(107	)		(125	)		—			—
Recognized net actuarial loss		106			105			3			46			48			1
Net periodic benefit cost	$	256		$	354		$	10		$	52		$	150		$	106

The components of net periodic benefit cost of Viad’s pension and postretirement benefit plans for the nine months ended September 30, 2017 and 2016 included the following:

	Domestic Plans
	Pension Plans						Postretirement Benefit Plans						Foreign Pension Plans
(in thousands)	2017			2016			2017			2016			2017			2016
Service cost	$	56		$	74		$	69		$	74		$	396		$	368
Interest cost		604			774			311			429			348			368
Expected return on plan assets		(162	)		(192	)		—			—			(450	)		(421	)
Amortization of prior service credit		—			—			(323	)		(377	)		—			—
Recognized net actuarial loss		336			318			123			221			137			2
Net periodic benefit cost	$	834		$	974		$	180		$	347		$	431		$	317

Viad expects to contribute $1.6 million to its funded pension plans, $0.9 million to its unfunded pension plans, and $1.1 million to its postretirement benefit plans in 2017. During the nine months ended September 30, 2017, Viad contributed $1.4 million to its funded pension plans, $0.5 million to its unfunded pension plans, and $1.1 million to its postretirement benefit plans.