RETIREMENT AND DEFERRED COMPENSATION PLANS

3 Months Ended

Mar. 31, 2016

RETIREMENT AND DEFERRED COMPENSATION PLANS

RETIREMENT AND DEFERRED COMPENSATION PLANS

NOTE 6 — RETIREMENT AND DEFERRED COMPENSATION PLANS

Components of Net Periodic Benefit Cost:

	Domestic Plans				Foreign Plans
Three Months Ended March 31,	2016		2015		2016		2015
Service cost	$	2,260	$	2,504	$	1,138	$	1,160
Interest cost		1,694		1,589		473		420
Expected return on plan assets		(2,118)		(1,898)		(545)		(455)
Amortization of net loss		821		1,351		384		425
Amortization of prior service cost		—		—		87		65
Net periodic benefit cost	$	2,657	$	3,546	$	1,537	$	1,615

EMPLOYER CONTRIBUTIONS

Although the Company has no minimum funding requirement, we contributed $10 million to our domestic defined benefit plans during the first quarter of 2016. The Company also expects to contribute approximately $5.0 million to our foreign defined benefit plans in 2016, and as of March 31, 2016, we have contributed approximately $0.8 million.