RETIREMENT AND DEFERRED COMPENSATION PLANS

9 Months Ended

Sep. 30, 2017

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 September 30,	2017		2016		2017		2016
Service cost	$	2,426	$	2,261	$	1,447	$	1,148
Interest cost		1,752		1,694		459		477
Expected return on plan assets		(2,470)		(2,118)		(627)		(550)
Amortization of net loss		801		820		493		388
Amortization of prior service cost		—		—		104		89
Net periodic benefit cost	$	2,509	$	2,657	$	1,876	$	1,552

	Domestic Plans				Foreign Plans
Nine Months Ended September 30,	2017		2016		2017		2016
Service cost	$	7,279	$	6,781	$	4,166	$	3,449
Interest cost		5,257		5,082		1,321		1,432
Expected return on plan assets		(7,409)		(6,353)		(1,781)		(1,651)
Amortization of net loss		2,403		2,462		1,400		1,165
Amortization of prior service cost		—		—		296		265
Net periodic benefit cost	$	7,530	$	7,972	$	5,402	$	4,660

EMPLOYER CONTRIBUTIONS

Although the Company has no minimum funding requirement, we contributed $24.7 million to our domestic defined benefit plans during the nine months ended September 30, 2017. We also expect to contribute approximately $2.5 million to our foreign defined benefit plans in 2017, and as of September 30, 2017, we have contributed approximately $2.0 million of that amount.