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

The following table sets forth the components of net periodic pension benefit of the ESI Pension Plan and ESI Excess Pension Plan in the periods indicated:

 

     Three Months Ended
March 31,		  
     2016      2015  

Interest cost

    $ 403       $ 409   

Expected return on assets

      (1,225 )       (1,383 ) 

Recognized net actuarial loss

      0         1   

Amortization of prior service (credit)

      (388 )       (389 ) 
  

 

 

     

 

 

  

Net periodic pension (benefit)

    $ (1,210 )     $ (1,362 ) 
  

 

 

     

 

 

  

The benefit accruals under the ESI Pension Plan and ESI Excess Pension Plan were frozen effective March 31, 2006. As a result, no service cost has been included in the net periodic pension benefit.

We did not make any contributions to the ESI Pension Plan or the ESI Excess Pension Plan in the three months ended March 31, 2016 or 2015. We do not expect to make any significant contributions to the ESI Pension Plan or the ESI Excess Pension Plan in 2016.

 

The following table sets forth the changes in the components of Accumulated other comprehensive income (loss) on our Condensed Consolidated Balance Sheet in the three months ended March 31, 2016:

 

     Defined Benefit Pension Items  
     Accumulated
Other
Comprehensive
Income (Loss)		      Income Tax
Benefit
(Expense)		      Accumulated
Other
Comprehensive
Income (Loss) Net
of Income Tax		  

Balance at December 31, 2015

    $ (2,869 )     $ 1,176       $ (1,693 ) 

Amortization of:

         

Actuarial (gains) losses

      0         0         0   

Prior service costs (credits)

      (388 )       149         (239 ) 
  

 

 

     

 

 

     

 

 

  

Balance at March 31, 2016

    $ (3,257 )     $ 1,325       $ (1,932 ) 
  

 

 

     

 

 

     

 

 

  

The reclassification of prior service costs or credits from Accumulated other comprehensive income (loss) are included in the computation of net periodic pension benefit. Approximately $783 of net periodic pension benefit was included in Cost of educational services and approximately $427 of net periodic pension benefit was included in Student services and administrative expenses in our Condensed Consolidated Statement of Operations in the three months ended March 31, 2016.