Pension Information

3 Months Ended

Mar. 31, 2016

Compensation and Retirement Disclosure [Abstract]

Pension Information

(11) Pension Information

The Company also sponsors a pension plan which is a noncontributory defined benefit retirement plan. Annual payments, subject to the maximum amount deductible for federal income tax purposes, are made to a pension trust fund. In 2006, the Company amended the pension plan to provide that no employee could be added as a participant to the pension plan after December 31, 2006. In 2014, the Company amended the pension plan again to provide that no additional benefits would accrue beyond April 30, 2014.

Net periodic pension expense (benefit) was as follows:

	Three months ended March 31,
	2016			2015
Service cost	$	—		$	—
Interest cost		170			156
Expected return on plan assets		(274	)		(283	)
Other components		83			70
Net periodic pension cost (benefit)	$	(21	)	$	(57	)

The total amount of pension contributions expected to be paid by the Company in 2016 is $500, compared to $700 in 2015.