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Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2018
Retirement Benefits [Abstract]  
Components of Company Plan Benefit Expense
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
)
Components of Net Periodic Benefit Cost
 
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