Benefit Plans

6 Months Ended

Jun. 30, 2019

BENEFIT PLANS

The following table summarizes key information related to the Company’s pension plans and retirement agreements (in thousands):



	Six Months Ended June 30, 2019			Year Ended December 31, 2018
Change in Projected Benefit Obligation
Projected benefit obligation, beginning of period	$	32,474		$	32,820
Service cost	499			1,200
Interest cost	696			1,242
Actuarial loss	—			(2,166		)
Benefits paid	(391		)	(622		)
Projected benefit obligation, end of period	$	33,278		$	32,474
Change in Plan Assets
Plan assets at fair value, beginning of period	$	—		$	—
Company contributions	391			622
Benefits paid	(391		)	(622		)
Plan assets at fair value, end of period	$	—		$	—
Unfunded Status of the Plan	$	33,278		$	32,474



	Three Months Ended				Six Months Ended
	June 30, 2019		June 30, 2018		June 30, 2019		June 30, 2018
Components of Net Periodic Benefit Cost
Service cost	$	250	$	300	$	499	$	600
Interest cost	348		310		696		621
Net loss	53		133		105		266
Net periodic pension cost	$	651	$	743	$	1,300	$	1,487

The long-term portion of the pension liability as of June 30, 2019 and December 31, 2018 was $33.0 million and $32.1 million, respectively, and is included in Other Non-Current Liabilities in the accompanying consolidated balance sheets.