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Benefit Plans
6 Months Ended
Jun. 30, 2018
Retirement Benefits [Abstract]  
Benefit Plans
BENEFIT PLANS
The following table summarizes key information related to the Company’s pension plans and retirement agreements (in thousands):  
 
Sis Months Ended June 30, 2018
 
Year Ended December 31, 2017
Change in Projected Benefit Obligation
 
 
 
Projected benefit obligation, beginning of period
$
32,820

 
$
28,624

Service cost
600

 
1,001

Interest cost
621

 
1,228

Actuarial loss

 
2,474

Benefits paid
(228
)
 
(507
)
Projected benefit obligation, end of period
$
33,813

 
$
32,820

Change in Plan Assets
 
 
 
Plan assets at fair value, beginning of period
$

 
$

Company contributions
228

 
507

Benefits paid
(228
)
 
(507
)
Plan assets at fair value, end of period
$

 
$

Unfunded Status of the Plan
$
(33,813
)
 
$
(32,820
)

    
 
Three Months Ended
 
Six Months Ended
 
June 30, 2018
 
June 30, 2017
 
June 30, 2018
 
June 30, 2017
Components of Net Periodic Benefit Cost
 
 
 
 
 
 
 
Service cost
$
300

 
$
250

 
$
600

 
$
501

Interest cost
310

 
307

 
621

 
617

Net loss
133

 
73

 
266

 
145

Net periodic pension cost
$
743

 
$
630

 
$
1,487

 
$
1,263


The long-term portion of the pension liability as of June 30, 2018 and December 31, 2017 was $33.4 million and $32.4 million, respectively, and is included in Other Non-Current Liabilities in the accompanying consolidated balance sheets.