RETIREMENT AND DEFERRED COMPENSATION PLANS

3 Months Ended

Mar. 31, 2019

RETIREMENT AND DEFERRED COMPENSATION PLANS

RETIREMENT AND DEFERRED COMPENSATION PLANS

NOTE 8 – RETIREMENT AND DEFERRED COMPENSATION PLANS

Components of Net Periodic Benefit Cost:

	Domestic Plans				Foreign Plans
Three Months Ended March 31,	2019		2018		2019		2018
Service cost	$	2,773	$	2,849	$	1,460	$	1,531
Interest cost		1,845		1,720		501		472
Expected return on plan assets		(3,094)		(2,814)		(592)		(679)
Amortization of net loss		489		1,218		363		446
Amortization of prior service cost		—		—		113		129
Net periodic benefit cost	$	2,013	$	2,973	$	1,845	$	1,899

The components of net periodic benefit cost, other than the service cost component, are included in the line “Miscellaneous, net” in the income statement.

EMPLOYER CONTRIBUTIONS

Although we have no minimum funding requirement, we contributed $365 thousand to our domestic defined benefit plans during the quarter ended March 31, 2019. We expect to contribute approximately $4.3 million to our foreign defined benefit plans in 2019, and as of March 31, 2019, we have contributed approximately $0.7 million of that amount.