Benefit Plans

9 Months Ended

Sep. 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):

	Nine Months Ended September 30, 2018			Year Ended December 31, 2017
Change in Projected Benefit Obligation
Projected benefit obligation, beginning of period	$	32,820		$	28,624
Service cost	900			1,001
Interest cost	931			1,228
Actuarial loss	—			2,474
Benefits paid	(396		)	(507		)
Projected benefit obligation, end of period	$	34,255		$	32,820
Change in Plan Assets
Plan assets at fair value, beginning of period	$	—		$	—
Company contributions	396			507
Benefits paid	(396		)	(507		)
Plan assets at fair value, end of period	$	—		$	—
Unfunded Status of the Plan	$	(34,255	)	$	(32,820	)

	Three Months Ended				Nine Months Ended
	September 30, 2018		September 30, 2017		September 30, 2018		September 30, 2017
Components of Net Periodic Benefit Cost
Service cost	$	300	$	250	$	900	$	751
Interest cost	310		307		931		921
Net loss	133		73		399		218
Net periodic pension cost	$	743	$	630	$	2,230	$	1,890

The long-term portion of the pension liability as of September 30, 2018 and December 31, 2017 was $33.9 million and $32.4 million, respectively, and is included in Other Non-Current Liabilities in the accompanying consolidated balance sheets.